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...
by irdadmin | Feb 8, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
Many of you are familiar with the shell game street-scam, most commonly encountered in NYC, crafted to fleece money from unsuspecting tourists. As it turns out, it’s quite probable that the silver and gold bar custodial business is likely one big shell game....
by irdadmin | Feb 5, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
“I really did not want the Reddit crowd to get involved in the precious metals like this because I knew there was a risk that it would be short-lived. Silver now [as of Tuesday morning] is down more than it was up yesterday…unfortunately my cynical side is...