by irdadmin | Jan 14, 2016 | Financial Markets, Market Manipulation, U.S. Economy
…A Bubblicious Breakfast Of Unicorns And Slippery Accounting Consider the case of Amazon. Its PE multiple on LTM net income of $328 million has dropped from 985X all the way to…….well, 829X! Likewise, it’s now valued at 97X its $2.8 billion of LTM free cash flow...
by irdadmin | Jan 13, 2016 | Financial Markets, Market Manipulation, U.S. Economy
The Government releases its retail sales report for December this Friday. The Census Bureau is the front-man for this report, which means that we can expect something that conforms to the highest standards of statistical manipulation. But the truth is, we already...
by irdadmin | Jan 11, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
What the Fed did, and I was part of it, was front-loaded an enormous market rally in order to create a wealth effect. – Richard Fischer, former Dallas Fed President on CNBC (via Zerohedge) It is absolutely mind-blowing that this statement by a former Fed bank...
by irdadmin | Jan 8, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Two kindred spirits talking about reality” – SGT “What caused me to almost fall off my chair when I read that article (San Francisco Fed President John Williams gave a speech in which he stated that he Fed would raise interest rates 3-5 times...
by irdadmin | Jan 8, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The manipulation of markets (witness today) and the overt lying about the economy intensify as we move inexorably towards the precipice. – John Embry Short Seller’s Journal update: My “Quick Hit” pick is now down 27% from its Dec 31 close. ...
by irdadmin | Jan 7, 2016 | Financial Markets, Market Manipulation
Subscribers to my Short Seller’s Journal who took advantage of the two ideas presented in the latest weekly issue are up 11.7% on the long term short-sell play and 13.6% on the “Quick Hit” idea. The option play I recommended is up 135%. In...
