by irdadmin | Feb 20, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
In his remarkable essay, “Gold and Economic Freedom,” written in 1966, Alan Greenspan stated: Under a gold standard, the amount of credit that an economy can support is determined by the economy’s tangible assets, since every credit instrument is...
by irdadmin | Feb 17, 2017 | Financial Markets, Gold, Market Manipulation, U.S. Economy
In short, we can learn to not let it happen here. In August, Obama’s Defense Secretary, Ashton Carter, appointed Jeff Bezos to the little-known and highly secretive Defense Innovation Advisory Board. This for me confirmed that Bezos was an integral part of the...
by irdadmin | Feb 16, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The demand for gold in India and China so far this year has soared, a fact which is completely ignored by the western financial media. The ex-duty Indian gold import premiums (approximately $10 earlier this week) are quite remarkable, “as the need to import kilo...
by irdadmin | Feb 12, 2017 | Financial Markets, Gold, Precious Metals, U.S. Economy
Get prepared because we’re going to have the worst economic problems we’ve had in your lifetime or my lifetime. – Jim Rogers, Macro Outlook in the Trump Era – MacroVoices Make no mistake, it’s going to get ugly at some point in 2017....
by irdadmin | Feb 10, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Too much debt, poor capital allocation decisions (McMansions, expensive leased cars, spending to “keep up with the Jones’) and declining disposable income. It’s hitting the general middle class in America similarly to the way in which it is hitting...
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...