by irdadmin | Feb 9, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Central banks stand ready to lease gold in increasing quantities should the price rise. – Alan Greenspan, 1998 in Congressional testimony on OTC derivatives Gold has been in a steady uptrend since December 18th, bottoming at $1131 after a four and half month...
by irdadmin | Feb 8, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
In my view, the mood of these markets is in stark contrast with the many unknown from our current economic and political landscape, both here and abroad. For me, it’s a major disconnect, and it concerns me. – James Tisch, Loews CEO (call transcript...
by irdadmin | Feb 6, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
I love days like today when both gold and the dollar are green. Historically, some of the best moves in gold occur as gold and the dollar move up together for short period of time. Today, of course, is just one day. And there’s no question that the Trump...
by irdadmin | Jan 29, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The bullion bank gold cartel pulled out all of its stops last week in order take down the price of gold and silver. Particularly useful was selling by longs connected to fear over the week-long closure of China in observance of the Chinese New Year’s celebration...
by irdadmin | Jan 27, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
To date, the price of gold and silver have followed a very similar trading path that was taken by the metals in early 2016, with gold and silver bottoming in mid-December and staging a strong rally through mid-January. Technically, as our Shadow of Truth guest Craig...
by irdadmin | Jan 19, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
JBGJ regards Indians buying less gold as cash crunch bites primarily as evidence that FOBs (Friends of Bloomberg) are not in gold. If India’s domestic gold market was as weak as presented there would be a significant discount to the world price…In reality the...
