by irdadmin | Jan 24, 2017 | Financial Markets, Market Manipulation, U.S. Economy
IBM stock has spiked up Friday, yesterday and today because the Company released Q4 and full year earnings which “beat” the Street estimates – by design and by the heavy application of GAAP earnings management. But here’s the facts: 1)...
by irdadmin | Jan 24, 2017 | Financial Markets, Gold, Market Manipulation, U.S. Economy
The full quote from Obama when he was confirmed the new President was, “Elections have consequences. We won, you lost. Get over it.” The Democrats hiding out in their safe spaces and seeking solace in self-pity and despair should heed their...
by irdadmin | Jan 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The post-election run-up in stocks was fueled purely by “hope and change” energy. Now that Trump has assumed the mantle, reality will hit like an icy shower. The non-“alternative facts” about the economy continue to show contraction in real...
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...
by irdadmin | Jan 17, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“All the reasons being advanced for gold’s rise this week were fully in place at the November 8th election. Perhaps the subsequent slump will eventually be seen as an aberration.” – John Brimelow from JB’s Gold Jottings Report – Contact...
by irdadmin | Jan 16, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
– JP Morgan on December 18, 1912 in testimony to Congress Crush The Street’s Kenneth Ameduri invited to discuss why I believe the current stock market is the most overvalued in history. We also chatted about the movement by western Governments to a...