by irdadmin | Jul 6, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Enron was a product of the late 1990’s dot.com / tech bubble. Similar to Tesla’s “production tent,” Enron would set entire floors of buildings to look like elaborate energy trading rooms. The operations were nothing more than a fraudulent...
by irdadmin | Jul 2, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The XHB homebuilder ETF is decisively below three key moving averages after it knifed below its 50 dma last week. KB Homes reported a big earnings and revenue “beat” on Thursday after the market closed. The stock soared as much as 9% on Friday. Per the...
by irdadmin | Jun 28, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The economy has hit a wall and is now sliding down it. I don’t care what bullish propaganda may or may not be bubbling up in the headlines from the financial media and Wall Street, the hard numbers I look at everyday show accelerating economic weakness. The fact...
by irdadmin | Jun 26, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
IRD Note: The average household is bloated with debt, housing prices have peaked, many public pensions are on the verge of collapse in spite of 9-years of rising stock, bond and alternative asset values. But all of this was built on a foundation of debt, fraud and...
by irdadmin | Jun 24, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
A week ago Friday, the metals got clocked hard. It was a drive-by “paper gold” shooting on the Comex which took place after most of the rest of the world had gone home for the weekend. On Monday, the Hulbert Gold Stock Newsletter Index fell to zero. On...
by irdadmin | Jun 21, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Craig “Turd Ferguson” Hemke (TF Metals Report) invited me to discuss the possibility that global financial system, including and especially the U.S. financial system is heading into another black hole like 2008. In this conversation we discuss the signs...
