by irdadmin | May 20, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“We’ve seen a downturn in the price as expressed in the paper derivatives precious metals’ price. There hasn’t been any large scale physical selling of gold or silver. Coin dealers sell gold and silver on a daily basis to retail buyers and the...
by irdadmin | May 9, 2022 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
I’m starting to believe that the housing market may have hit a wall in April. The graphic below is my reconstitution of the two charts sourced from Reventure Consulting (RC). It’s self-explanatory: Amusingly, I’ve noticed articles in the mainstream...
by irdadmin | May 2, 2022 | Financial Markets, U.S. Economy, Uncategorized
Back in 2004, I was chatting with the person who dragged me kicking and screaming into the precious metals sector in 2001. The problem with diving into the world of precious metals is that it’s the equivalent of involuntarily taking the “red pill.” ...
by irdadmin | Apr 4, 2022 | Financial Markets, Market Manipulation, U.S. Economy
Meme stock mania is back in full idiocy. And it’s time again to revisit $GME as a short. On March 14th, GME closed at $$78, its lowest level in February 23, 2021. The stock had been down nearly 75% since June 9, 2021. But after the market closed on March 21st,...
by irdadmin | Mar 29, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“We are witnessing the birth of Bretton Woods III – a new world (monetary) order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West.” – Zoltan...
by irdadmin | Mar 14, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Though most investors expect some type of pullback in the precious sector to “reset” the various technical indicators that have become “overbought,” the geopolitical situation with Ukraine has given the sector a flight to safety bid....
