by irdadmin | Feb 22, 2016 | Financial Markets, Housing Market, U.S. Economy
The stock market (S&P 500) jumped 97 points the first three days of last week. That’s an average of 32 points per day for those three days. The economic news continues to show quickly deteriorating U.S./global economic conditions. U.S. Treasury debt is...
by irdadmin | Feb 19, 2016 | Financial Markets, Gold, Precious Metals, U.S. Economy
Zerohedge reposted this Acting Man repost of a Bill Bonner commentary: When Cash Is Outlawed, Only Outlaws Will Have Cash. Who cares? I own gold – et tu, Brute? The war on cash is irrelevant if you own gold. I could care less about the war on cash....
by irdadmin | Feb 18, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The fear porn headlines are beginning to flood the alternative media blogs. Everyone is warning about the growing “war on cash” and negative interest rates. Yes, it’s inevitable and all the reasons why Governments prefer a digital currency to cash...
by irdadmin | Feb 17, 2016 | Financial Markets, U.S. Economy
There seems to be no limit to the amount of relevant news about the U.S. economic and financial system that the mainstream media keeps off the radar screen. I truly believe the technically insolvent status of the country’s fifth largest State is a lot more...
by irdadmin | Feb 16, 2016 | Financial Markets, Gold, Market Manipulation, U.S. Economy
The U.S. financial and political system has become possibly the most corrupt system in recorded history. But even worse is the willingness of the American public to endure and even accept the blatant corruption that has engulfed the system. The latter attribute is...
by irdadmin | Feb 12, 2016 | Financial Markets, Market Manipulation, U.S. Economy
Retail sales for January were published by the Government’s Commerce Department today. They show an alleged .2% gain for January over December and a 3.5% gain from January 2015. Nothwithstanding the fact that these numbers are estimates based on highly...