by irdadmin | Mar 20, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Deteriorating real economic fundamentals – The most important economic report out last week was retail sales for February, which showed at 0.1% decline from January. This was a surprise to Wall Street’s brain trust, which was expecting a 0.4% gain. Keep in...
by irdadmin | Mar 17, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
One of the first comments about the economy from Larry Kudlow after his appointment as Trump’s chief “economic” advisor was to advise anyone listening to “sell gold.” But why? Gold is irrelevant in the United States. Very few...
by irdadmin | Mar 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
(Note: with apologies to Carl Reiner and Steve Martin, who directed and co-wrote “The Jerk,” respectively) Just when you thought Trump’s “leadership” could not get any more insane, he adds a third ring to the circus going on at 1600...
by irdadmin | Mar 11, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Americans live a never-never-land existance. The politicians and presstitutes make sure of that. Consider something as simple as the unemployment rate. The US is said to have full employment with a January 2018 unemployment rate of 4.1 percent, down from 9.8 percent...
by irdadmin | Mar 9, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The census bureau does the data-gathering and the Bureau of Labor Statistics feeds the questionable data sample through its statistical sausage grinder and spits out some type of grotesque scatological substance. You know an economic report is pure absurdity when the...
by irdadmin | Mar 7, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The consequences of Gold Truth, such as it is but has not yet been revealed, are beyond sobering. If the Gold Truth is that USG, Inc. does not possess and own the gold it has promised the world that it owns and possesses, every last shred of monetary, fiscal,...