by irdadmin | Nov 18, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
As of last week, the Federal Reserve now owns 16.5% of the total amount of Treasuries outstanding and 18.5% of the total amount of mortgage-backed bonds outstanding. With out this massive amount of Fed intervention, interest rates would be significantly higher and...
by irdadmin | Nov 13, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Despite the pervasive and omnipresent manipulation of the gold price implemented in the paper derivatives gold market – which in no way reflects the true supply/demand characteristics of the underlying market for physical gold and silver – gold has been...
by irdadmin | Nov 10, 2020 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The advance estimate of Q3 GDP was released on Thursday, October 29th. The headline number was 33.1% (annualized rate) vs 31% expected and negative 31.4% for Q2. This was John Williams’ (Shadowstats.com) comment on the headline number: “ShadowStats...
by irdadmin | Nov 2, 2020 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
For me it doesn’t not matter who wins the election. The person in the Oval Office is not in control of the monetary policies that form the fundamental basis for owning physical gold and silver. Regardless of which party sits in the Oval Office and Congress, the...
by irdadmin | Oct 21, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Another round of “QE” money printing, another round of the flight-to-safety rush into gold, silver and mining stock… For as insanely overvalued as are many of the “tech/unicorn” bubble stocks (SHOP, W, TSLA, CVNA, etc), the precious...
by irdadmin | Oct 16, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The big rally in Q2 continued into Q3 until early August. At that point, all of the technical and sentiment indicators I monitor were registering levels which indicated that the speculative frenzy that developed in July had reached the point of “boiling...
