by irdadmin | Dec 3, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The appointment of Janet Yellen as Treasury Secretary fully removes the “Chinese Wall” that is supposed to separate the Fed and the Government. I believe her appointment signals a decision to transition monetary policy into the unfettered implementation of...
by irdadmin | Dec 1, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“As I always bore people with: The true numbers, location, and disposition of national gold reserves are secrets far more sensitive than the true numbers, location, and disposition of nuclear weapons.” – Chris Powell, Treasurer of GATA I love that...
by irdadmin | Nov 27, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The gold price was given a a quick $35 ride on the down-elevator today starting at 7:40 a.m EST. There were no news items or events that occurred that would have triggered the price hit. More likely, the Comex banks implemented another Comex open interest liquidation...
by irdadmin | Nov 24, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
Hugo Salinas Price is one of the most successful businessmen in Mexico. He also happens to be a brilliant monetary system analyst. In his latest essay, he explains why Governments and Central Banks largely ignore Bitcoin and cryptocurrencies, choosing instead to focus...
by irdadmin | Nov 20, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
It’s obvious that the Fed, along with its bullion bank market emissaries, has been working hard to keep a lid on the price of gold. From the vertical “zip lines” in the chart over the past two weeks, the price management team is also making every...
by irdadmin | Nov 18, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
As of last week, the Federal Reserve now owns 16.5% of the total amount of Treasuries outstanding and 18.5% of the total amount of mortgage-backed bonds outstanding. With out this massive amount of Fed intervention, interest rates would be significantly higher and...
