by irdadmin | Mar 12, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Make no mistake, the financial system is collapsing under one giant margin call being issued to banks and hedge funds. How big? No one knows. The Fed obviously was preparing for something when it commenced its money printing in September. But it had no idea of the...
by irdadmin | Mar 11, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“The coronavirus could be the proverbial Black Swan event. No one saw that coming. We’ve seen everything else [up to this point] that’s coming. The Fed saw something coming in September and it wasn’t coronavirus.” All it took was a 10%...
by irdadmin | Mar 8, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
JP Morgan took the bold step to “break a stigma” and announce that it planned to borrow from the Fed’s discount window. The discount window in the context of modern finance has evolved into an emergency source of liquidity. This is nothing more...
by irdadmin | Mar 4, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
A few of my subscribers asked me recently about the lethargic action in the miners lately given that the price of gold has started moving higher again. But it helps to step back and look at a longer time-frame. For the last 52 seeks, the HUI has significantly...
by irdadmin | Feb 29, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The coronavirus crisis is perhaps the real “Black Swan” that no one saw coming. While the virus pulled the trigger on the loaded weapon aimed at the stock market, it’s not the cause of the 2nd fastest 10% decline in the history of stock market. ...
by irdadmin | Feb 25, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Two economic reports were released which demonstrate that the money printing is not helping the economy. In the fourth quarter of 2019, U.S. household debt pushed over $14 trillion, reaching an all-time record high. This was fueled by a surge in mortgage and credit...
