by irdadmin | Apr 1, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The monthly non-farm payroll report has become a fraud of epic proportions. The Government is claiming that 215k new jobs were created in March. In the goods producing category it claims that 37k jobs were created in construction. But there’s a problem with...
by irdadmin | Mar 30, 2016 | Financial Markets, Market Manipulation, U.S. Economy
I’m not sure which is more off the rails: the stock market bubble that is being inflated or the Chairman of the of the organization that is doing the inflating: Hmmm…”Well, let me start — let me start with the question of the Fed’s...
by irdadmin | Mar 28, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Since 1971, when the world officially abandoned the gold standard, economic growth has been stimulated through vigorous applications of aggressive Central Banking monetary policies: the imposition of artificially low nominal interest and boundlessly unrestrained...
by irdadmin | Mar 24, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The economic reports released this morning added to the near-continuous flow of information reflecting a U.S. economy that is likely contracting, for the most part. Perhaps the only “fundamental” variable not contracting is the hot air coming from the...
by irdadmin | Mar 23, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Note: For the record, I am expecting the possibility that the new homes sales report for February released today will show an unexpected spike up. For the past several months, there’s been what I believe to be a pre-meditated pattern in which the existing home...
by irdadmin | Mar 22, 2016 | Financial Markets, Market Manipulation, U.S. Economy
I said half-facetiously in early 2004 that if a small nuke detonated in Times Square that the Dow would probably shoot up 200 points. Today I reiterate that assertion with full sincerity. All of the markets, but especially the stock market, are now openly...
