by irdadmin | Jul 11, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed has blown the current stock bubble to an unprecedented magnitude. While the most outrageous overvaluations are concentrated in the tech sector, the valuation insanity has engulfed the entire stock market. Bubble chasers ran Hertz, a bankrupt company that will...
by irdadmin | Jul 5, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The last few delivery periods for gold and silver on the Comex have experienced a record number of longs standing for delivery. For gold, April’s record was topped by June’s record. Sandwiched in between these to “front month” contracts was a...
by irdadmin | Jun 30, 2020 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
The precious metals sector – gold, silver and mining stocks – is in the early stages of a rabid bull market. The mainstream media has been dead silent on the performance of the precious metals, which is not a surprise to those of us who have been involved...
by irdadmin | Jun 29, 2020 | Financial Markets, Gold, Market Manipulation, U.S. Economy
I’d like to thank Jay Powell and his marvelous printing press. The equity side of my investment fund, which I manage, is 100% mining stocks – mostly juniors – and as of today it’s up 100% QTD. Thank you Jay. Almost every stock we hold is...
by irdadmin | Jun 26, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The chart (and blog title) above is from James Turk via King World News. Turk was making the point that the western Central Banks, via the bullion banks, are short $4 billion worth of paper gold on the Comex. With all of the Central Bank money printing, and the Fed is...
by irdadmin | Jun 23, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
Where’s the “V?” – Obviously the Fed has injected monetary cocaine into the stock market to make it appear as if stocks are “discounting a “V” economic recovery. But a “V” on Main Street is nowhere to be found...
