by irdadmin | Feb 28, 2021 | Gold, Market Manipulation, Precious Metals
To paraphrase JP Morgan’s (the man) 1912 testimony to Congress: “Gold is money, everything else is credit.” JP Morgan, 1912 The question you’ll need to answer for yourself is “what alternatives are there for big investments right...
by irdadmin | Feb 22, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
We know that price discovery is impossible until the paper exchanges in NYC and London blow up. Or is it? There’s plenty of above-ground silver around the world. Yes most of it is “spoken for” by the owners of that silver. Silver producers...
by irdadmin | Feb 16, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
Those of us who read the original filings for both GLD and SLV were shocked that the Prospectus for each was certified by the SEC. The legal loopholes embedded in the legalese were wide enough to drive a fleet of Class-8 trucks through lined-up side-by-side. For just...
by irdadmin | Feb 13, 2021 | Financial Markets, Market Manipulation, Precious Metals
CNBC interviewed Goldman Sachs’ Jeff Currie – the head of global commodity research at GS – regarding the potential for the silver market to be squeezed. In the segment Currie made the argument that on the Comex: “the shorts are the ETFs...
by irdadmin | Feb 11, 2021 | Financial Markets, Market Manipulation, U.S. Economy
Tesla’s dabbling in Bitcoin is a perfect distraction from its real-world problems By MICHAEL HILTZIK BUSINESS COLUMNIST FEB. 10, 2021 Whoever rewrote the saw about where there’s smoke there’s fire into “where there’s smoke, there’s often a smoke-making machine” (John...
by irdadmin | Feb 11, 2021 | Financial Markets, Market Manipulation, U.S. Economy
“If you can’t spot the sucker in the first half hour at the poker table, then you are the sucker.” – a quote attributable to several sources. Well, easy come, easy go for the Reddit retail traders who rode their GME shares and call options up and then back...
