by irdadmin | Aug 22, 2016 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Stanley Fisher embarrassed himself and the Fed today by regurgitating the standard Fed threat to raise rates in 2016. The Fed officials are starting to sound like that teacher on the Peanuts cartoon: We are close to our targets,” Fischer said in a speech at the Aspen...
by irdadmin | Aug 18, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Central counterparties keep records of trades and help suck risk out of the banking system, but this only works if they themselves are well capitalised and have plans in place to deal with a sudden collapse of one or more of its members and get close to failure....
by irdadmin | Aug 16, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I’m not sure of the significance of 20 minutes past the hour, and I’m sure it has some sympbolic meaning to the gold manipulation cabal, but for the last week the price of gold has been getting slammed with an avalanche of Comex confetti at regular...
by irdadmin | Aug 16, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
In mid-2009, the IMF announced that it was going to sell a portion of its gold. It ended up selling 403 tonnes of its then-reported 3218 tonnes of gold. Back then the original announcement made it sound like the IMF was trying to push down the price of gold with a...
by irdadmin | Aug 14, 2016 | Financial Markets, Gold, Market Manipulation, U.S. Economy
At Rory’s prescient behest, we have been way out in front of the curve on the Silk Road and on the issue of China using the IMF to push aside the dollar as the reserve currency. Casey Research finally caught up with their own Silk Road piece – more than a...
by irdadmin | Aug 14, 2016 | Financial Markets, U.S. Economy
IRD Note: I am not a Trump supporter or advocate. In fact, once again I’ll maintain my streak of not voting in any election of any kind since the 1992 election. Your vote does not matter other than it perpetuates a completely corrupted political system that...