by irdadmin | Jun 26, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
This isn’t some trader’s “fat finger” accidentally overloading the sell button and pressing “sell.” This is unadulterated BIS/ECB/BoE/Fed sponsored market intervention: At 4:01 EST, a paper gold nuclear bomb was detonated in the...
by irdadmin | Jun 22, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Predictably, after the gold price has been pushed down in the paper market by the western Central Banks – primarily the Federal Reserve – negative propaganda to outright fake news proliferates. The latest smear-job comes from London-based Capital Economics...
by irdadmin | Jun 21, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The falling price of oil did not garner any mainstream financial media attention until today, when U.S. market participants woke up to see oil (both WTI and Brent) down nearly $2. WTI briefly dropped below $43. The falling price of oil reflects both supply and demand...
by irdadmin | Jun 18, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Phil Kennedy of Kennedy Financial invited me onto his podcast to discuss the latest FOMC comedy show, gold, silver, mining stocks, cryptocurrencies and the housing market. Share this: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new...
by irdadmin | Jun 16, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Many of you have contacted me about the sell-off in GDXJ and upcoming re-balancing that will occur at the end of this week (I think). First of all, thank you for your inquiries and please feel free to email me with questions/ideas. The only “dumb” question...
by irdadmin | Jun 15, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The answer is debatable but it depends on, exactly, to which rates you are referring. The Fed has “raised,” more like “nudged,” the Fed Funds target rate about 50 basis points (one-half of one percent) this year. That is, the Fed’s...
