by Dave Kranzler | Jun 2, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Bureau of Labor Statistics. It has an Orwellian ring to it. I guess it should stand for “Bureau of Lying Statistics.” A quick glance at today’s non-farm payroll report suggests that the economy likely lost hundreds of thousands of jobs in May. The...
by Dave Kranzler | May 31, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Paul Craig Roberts and Dave Kranzler In a series of articles posted on www.paulcraigroberts.org, we have proven to our satisfaction that the prices of gold and silver are manipulated by the bullion banks acting as agents for the Federal Reserve. The bullion prices are...
by Dave Kranzler | May 30, 2017 | Financial Markets, Gold, Market Manipulation
After the concerted western Central Bank effort, led by the BIS, to squelch Indian gold imports by eliminating the most commonly used currency bills failed, the fake news about Indian gold imports coming from the World Gold Council amplified. The WGC missed its Q1...
by Dave Kranzler | May 29, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Given group-think and the determination of policy makers to do ‘whatever it takes’ to prevent the next market ‘crash,’ we think that the low-volatility levitation magic act of stocks and bonds will exist until the disenchanting moment when it does not. And...
by Dave Kranzler | May 26, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
I want to show two quotes from commentators in related areas of financial analysis because they illustrate the difference between truthful commentary and unmitigated idiocy. Yesterday, James “Mc” wrote in Bill Murphy’s nightly “Midas”...
by Dave Kranzler | May 25, 2017 | Financial Markets, Market Manipulation, U.S. Economy
Best Buy reported its earnings this morning for its Q1. Revenues were up year over year for the quarter (qtr/qtr) by a scorching $85 million, or 1%. But this came at the expense of price competition, as its gross profit declined 5.7%. Operating income plunged...
