by irdadmin | Feb 22, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
And it’s not just gold. The Fed is already hinting that more money printing is coming. Powell suggested at his semi-annual Congressional testimony that QE would be used in the next recession. A couple other Fed officials this week confirmed that the FOMC is...
by irdadmin | Feb 20, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Q: “Why is the Fed reluctant to let the boom-bust nature of markets play out?” A: “Because it what’s they’ve always done [since the Fed was founded in 1913]…Once you’re in power, you’re going to do what you can to defend...
by irdadmin | Feb 17, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I made the observation back in 2004 that the elitists would keep the financial and economic system from collapsing using printing money and debt for as long as it took for them to sweep every last crumb of middle class wealth off the table and into their own pockets. ...
by irdadmin | Feb 15, 2020 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The stock market is becoming increasingly disconnected from underlying main street reality. Corporate profits have been declining since the third quarter of 2018. However, pre-tax corporate profits have been declining since the Q3 2014 (this data is available on the...
by irdadmin | Feb 13, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The stock market has become a powerful political and economic propaganda tool. It’s hard to dispute the idea that economy is not “in a good place” or “booming” when the Dow goes up 100 points or more everyday. Trump understands this and...
by irdadmin | Feb 11, 2020 | Financial Markets, Market Manipulation, U.S. Economy
The only part of Tesla’s business model that generates profitability – gross, operating and net – is the sale of greenhouse gas credits to other OEM manufactures and tax subsidies. Neither of those sources of profitability is sustainable. The GAAP...
