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Complete Idiocy Engulfs The U.S.

by irdadmin | Jul 13, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

William Shakespeare at his creative pinnacle could not have written this screenplay: The first time I watched this I thought it was a joke – product of National Lampoon. Then the reality of it hit me like a ton of bricks. Is this really a productive use of...

The Real Data Show The Real Economy Hit A Wall

by irdadmin | Jul 10, 2018 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The economy is melting down – the only support for the Propaganda Narrative of a “booming economy” is a rising stock market. Without a doubt Trump has ordered the Working Group on Financial Markets – AKA “the Plunge Protection Team”...

WTF Just Happened? Gold: Buy While There’s Blood In The Street

by irdadmin | Jul 9, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

Perhaps the best contrarian indicator for the directional movement of gold and silver is Dennis “Wrong Way” Gartman, who recently announced that he was dumping all of his gold “positions” (note:  Gartman’s “positions” are...

The Demise Of Tesla: We’ve Seen This Movie Before

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...

The Housing Market: A Bigger Bubble Than 2008 Is Popping

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...

The Yield Curve Is The Economy’s Canary In A Coal Mine

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...
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