by irdadmin | Jul 1, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The mainstream narrative that gold/silver moves inversely with stocks because the metals are a “risk off” trade has imploded. Since late January, when the S&P 500 began to “recover” from its 11% New Year’s plunge, the precious metals...
by irdadmin | Jul 1, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
Note: the current delivery-month for Comex gold is June – I absent-mindely reference July as the current gold delivery month in the podcast below. The trading patterns in gold/silver are starting to reflect the real possibility that the Central Banks are losing...
by irdadmin | Jun 30, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Open Interest in silver is close to the new all time record high – set just last week – and gold’s Open Interest is at the same level as 2011 when gold hit it’s all time high in value. As you know the acquisition cost of gold is about $600 less than in 2011 which...
by irdadmin | Jun 29, 2016 | Gold, Market Manipulation, Precious Metals
Western anti-gold propagandists have been scratching their head over the surprising strength in the gold market despite aggressive Central Bank efforts to push the price lower. Here’s a perfect example of the idiotic articles hitting the internet – this...
by irdadmin | Jun 29, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
All morning Fox Business has had a green banner posted that exclaims, “stocks stabilize.” So down 5% in two days followed by a 2.7% bounce in a little more than 1 day of trading is defined as “stabilizing?” How about the fact that the S&P...
by irdadmin | Jun 27, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
In the latest episode of Market Update, we explore the “aftermath” of the BREXIT vote and the fact that the global markets have become manipulated by the Central Banks to the extent that it’s impossible to tell the difference between reality and...