by irdadmin | Apr 11, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Management withheld metal [silver] from sale during the price correction over last two weeks of March and plans to sell the withheld metal inventory in anticipation of a precious metal prices rebound in Q2, 2021” – Endeavor Silver ($EXK) management,...
by irdadmin | Apr 5, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The downtrend in the precious metals sector that began in August has been punctuated with one of the most aggressive, blatant price manipulation efforts over the last month that I have witnessed in 20 years. While no one can prove it without access to the inside books...
by irdadmin | Mar 29, 2021 | Financial Markets, Market Manipulation, U.S. Economy
GME reported its fiscal year Q4 and full-year numbers this past week. Q4 was a disaster for the Company. Operating earnings were trounced 75%% YoY for the quarter from $75.2 million last year down to $18.8 million. After subtracting interest expense, which rose in...
by irdadmin | Mar 26, 2021 | Financial Markets, Market Manipulation, U.S. Economy
CVNA has been largely a highly frustrating short, especially in light of the fact that it burned in excess of $600 million in cash in 2020. I think the high short interest (25% of the float on a float of just 68mm shares) is the catalyst for serial short squeezing....
by irdadmin | Mar 23, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Switzerland in February sent gold to mainland China for the first time since September and shipments to India and Thailand rose to multi-year highs…Swiss customs data showed that in February Switzerland exported 56.5 tonnes of gold to India, 11.2 tonnes...
by irdadmin | Mar 16, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
It makes no sense that shortages of physical have developed while the prices of gold and silver have been declining the past few months. But the aggressive price take-down that occurs in the paper markets is an effort by the banks to discourage buyers from investing...
