by irdadmin | Feb 7, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion–when you see that in order to produce, you need to obtain permission from men who produce nothing–when you see that money is flowing to those who...
by irdadmin | Jan 30, 2022 | U.S. Economy
When I was growing up in the 1960s and 1970s, the term “liberal” was associated with “open-minded,” “consider all sides of an issue,” “truthseeking,” freedom of expression” and the questioning of authority. The...
by irdadmin | Jan 12, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
A portion of the commentary below is from the latest issue of the Mining Stock Journal. Recent trading action in gold, silver and the mining stocks lead me to believe that a major move in the precious metals sector may have started. You can learn more about my...
by irdadmin | Jan 4, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Without question, investing in the precious metals sector has been a pain in the ass for nearly the entire 20 years I’ve been involved. The official intervention, which has become shamelessly blatant, is the primary reason. But eventually the money printing and...
by irdadmin | Dec 27, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The chart above is the HUI to SPX ratio (GDX was not around until 2006) vs the price of gold on a weekly basis going back to mid-2000. It shows that the mining stocks are extraordinarily undervalued relative to the S&P 500 and gold. If reversion to the mean kicks...
by irdadmin | Dec 21, 2021 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Fed announced Wednesday that it would double its rate of taper, which means that by the end of March it will not longer be overtly dumping money into the banking system. It also implied, via its idiotic dot-plot, that there would be three interest hikes in 2022....
