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For Elon, Friday Means It’s 420-Time All Day Long

by irdadmin | Aug 10, 2018 | Financial Markets, Market Manipulation, U.S. Economy

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Elon Musk Turns U.S. Capital Markets Into A Complete Farce

by irdadmin | Aug 8, 2018 | Financial Markets, Market Manipulation, U.S. Economy

“Nobody, when they’re looking at a privatization, dangles this way and does this sort of teasing dance of choreography. Somebody only does this when they are trying to distract us with a shiny new thing…There’s a lot of problems here. He...

Tesla’s Phony Quarterly Numbers

by irdadmin | Aug 6, 2018 | Financial Markets, Market Manipulation, U.S. Economy

Tesla reported its Q2 numbers this past Wednesday. It reported $4 billion in revenue, up 43.4% year over year. Its net loss widened to $742 million, or $4.22 per share (some of you may have seen lower net loss and loss per share numbers but the numbers I’m using...

The Trading Action In Gold

by irdadmin | Aug 3, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

There’s no question in my mind that the intervention in the gold market is similar to the intervention that occurred in 2008 ahead of the financial crisis. However, I believe that, because of the massive physical off-take in the eastern hemisphere, the western...

Wash, Rinse, Repeat: The Big Short Mortgages Are Back

by irdadmin | Jul 31, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

This almost makes me wonder if Angelo Mozilo is running NASA Federal Credit Union. A Short Seller’s Journal subscriber heard an ad for this mortgage product on his local radio in Atlanta. NASA Federal Credit Union is offering 0% down payment, 0% PMI (Private...

The Q2 GDP Farce, The Big Short 2.0 And Gold

by irdadmin | Jul 29, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The Bureau of Economic Analysis (BEA) released its “advance” estimate of Q2 GDP on Friday. The Government would have us believe that the U.S. economic growth accelerated to a 4.1 annualized growth rate in Q2. Other than the fact that a one-time jump in...
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