by irdadmin | Mar 29, 2021 | Financial Markets, Market Manipulation, U.S. Economy
GME reported its fiscal year Q4 and full-year numbers this past week. Q4 was a disaster for the Company. Operating earnings were trounced 75%% YoY for the quarter from $75.2 million last year down to $18.8 million. After subtracting interest expense, which rose in...
by irdadmin | Mar 26, 2021 | Financial Markets, Market Manipulation, U.S. Economy
CVNA has been largely a highly frustrating short, especially in light of the fact that it burned in excess of $600 million in cash in 2020. I think the high short interest (25% of the float on a float of just 68mm shares) is the catalyst for serial short squeezing....
by irdadmin | Mar 23, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Switzerland in February sent gold to mainland China for the first time since September and shipments to India and Thailand rose to multi-year highs…Swiss customs data showed that in February Switzerland exported 56.5 tonnes of gold to India, 11.2 tonnes...
by irdadmin | Mar 16, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
It makes no sense that shortages of physical have developed while the prices of gold and silver have been declining the past few months. But the aggressive price take-down that occurs in the paper markets is an effort by the banks to discourage buyers from investing...
by irdadmin | Mar 9, 2021 | Financial Markets, Market Manipulation, U.S. Economy
I first presented ARKK as a short idea in the January 3, 2021 of my Short Seller’s Journal issue at $124.49. And of course like every other insanely overvalued stock or ETF, it continued to run higher, with a high-close of $156 on February 12th. As air seems to...
by irdadmin | Mar 8, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion — policemen, customs guards, penal courts, prisons, in some countries even executioners — had to be put into...
