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Obama’s Presidency: Probably The Worst In U.S. History

by irdadmin | May 18, 2016 | Financial Markets, U.S. Economy

I vividly recall stating to friends and colleagues in the summer of 2008 that W was the worst President in history.  At that point I was welcoming the idea of Obama:  a guy who seemed completely detached from Washington’s inside mafia and Wall Street’s...

The Audit The Fed Movement In Congress Is A Joke

by irdadmin | May 18, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

CNBC announced yesterday that “The ‘audit the Fed’ movement is taking a big step in Congress this week.”  Only here’s the problem: The bill seeks not a financial exam of the U.S. central bank but rather a peek behind the curtain of how...

The Fed Is Desperate To Keep Gold From Exploding Higher

by irdadmin | May 16, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

The Federal Reserve’s “invisible hand” in the markets is no longer “invisible.”  It’s become obvious to most market participants that the Fed is working hard to keep the stock market from collapsing and the price of gold below...

China: The World Better Take Notice

by irdadmin | May 13, 2016 | Financial Markets, U.S. Economy

The U.S. media has taken its propaganda game to stunning levels.  The reason is that the majority of the population – at the least the majority of those who even bother to make an attempt at staying apprised of current events – will believe anything it...

World’s Most Speculative Mania?

by irdadmin | May 10, 2016 | Financial Markets, Market Manipulation, U.S. Economy

The western media – especially any mainstream U.S. news source – has made it a habit to blame the world’s problems on Russia and China.   The U.S. economy is aces – when the U.S. stock market drops it’s China’s fault. Bloomberg...

The Latest Short Seller’s Journal: The Greater Fraud Contest

by irdadmin | May 10, 2016 | Financial Markets, U.S. Economy

The stock I feature in the latest issue of the Short Seller’s Journal was down 3.5% today. The company’s revenues are highly correlated with the GDP,  which is going negative rather quickly.  This stock easily has another $20 of downside by the middle of...
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