by irdadmin | Jan 19, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Well, in truth, we had a de facto collapse in 2008 which was addressed with $4 trillion in QE and, ultimately, a few trillion in Taxpayer subsidies. The proverbial can was kicked down the road in order to enable the insider elitists to continue looting as much wealth...
by irdadmin | Jan 17, 2016 | Financial Markets, Market Manipulation, U.S. Economy
Video courtesy of Eric Dubin’s The News Doctors Remember the economic catch phrase, “when the U.S. sneezes, the world catches a cold?” The idea being that the U.S. is the economic engine of the world and if the U.S. economy tanks, the global economy...
by irdadmin | Jan 15, 2016 | Financial Markets, Market Manipulation, U.S. Economy
It’s good to no longer be a lone voice in the wilderness. This latest commentary on the insane overvaluation of Amazon stock comes from Bill Bonner of Agora Research by way of the Acting Man blog: Every AMZN bear has been made to look like an idiot – but that...
by irdadmin | Jan 15, 2016 | Financial Markets, U.S. Economy
It’s days like today that will keep the muppets invested as we keep going down. – Jim Quinn of The Burning Platform in reference to Thursday’s stock market moon-shot Well, I was wrong. I was predicting that the Census Bureau would engineer a...
by irdadmin | Jan 14, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
It seems to never end. The markets do the opposite of what would be expected based on common sense and on undeniable evidence about the fundamentals. Just this morning, for instance, the S&P 500 pops up overnight and then promptly goes red after the NYSE opens....
by irdadmin | Jan 14, 2016 | Financial Markets, Market Manipulation, U.S. Economy
…A Bubblicious Breakfast Of Unicorns And Slippery Accounting Consider the case of Amazon. Its PE multiple on LTM net income of $328 million has dropped from 985X all the way to…….well, 829X! Likewise, it’s now valued at 97X its $2.8 billion of LTM free cash flow...
