by irdadmin | Mar 10, 2016 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
Using the “jobless claims” metric, the financial media and snake oil salesmen would have us believe that the Government-compiled jobs market metrics indicate “sustained strength in the labor market that should further dispel fears of a...
by irdadmin | Mar 9, 2016 | Financial Markets, Market Manipulation, U.S. Economy
A reader contacted me earlier today after seeing the absurd article on the Wall Street Journal heralding in the “7-year bull market” in stocks: Absolutely amazing they can put out crap like this: “Still, with GDP growth expected to be 2.3% this year,...
by irdadmin | Mar 4, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Government’s non-farm payroll report announced the creation of 242,000 news jobs in February. When the numbers hit the newswires, the Fed trading algos triggered a 12 point spike up in the S&P 500 futures and a $14 cliff dive in Comex gold futures. The...
by irdadmin | Mar 3, 2016 | Financial Markets, Market Manipulation, U.S. Economy
I have no idea who is throwing cash into this highly overvalued stock market to push it higher right now. Any registered financial advisors or pension managers who are buying into this stock market right now are in serious breach of their legal fiduciary duty. While...
by irdadmin | Mar 1, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Debt creation behaves like printed money until the time at which the creditor demands to be repaid in full rather than extended through refinancing. The continuous expansion of debt is therefore no different than continuous money printing up to the point at which the...
by irdadmin | Feb 29, 2016 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
To be sure, oil executives are not alone in feeling the pain. Many blue collar jobs in oilfield equipment production have disappeared. So have thousands of middle management jobs in oil exploration and production. A regular Uber customer is likely at some point to...
