by irdadmin | Nov 6, 2019 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
The major stock indices – the Dow, SPX and Nasdaq – have wafted up to all-time highs on a cloud of Central Bank printed money. Interestingly, most of the stocks in all three indices are below to well below their all-time highs. Breadth of the move is...
by irdadmin | Nov 1, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“By sticking to the new orthodoxy of monetary policy and pretending that we have made the banking system safe, we are sleepwalking towards that crisis.” – Mervyn King, former head of the Bank of England in a lecture at the IMF’s recent annual meeting The...
by irdadmin | Oct 30, 2019 | Financial Markets, Market Manipulation, U.S. Economy
The degree to which Elon Musk manipulates GAAP accounting in awe-inspiring. That the various regulators in charge of protecting investors allow Musk to commit accounting fraud is shocking. Note: The commentary below is an excerpt from the latest issue of the Short...
by irdadmin | Oct 24, 2019 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
I’m not sure why Trump continues incessantly to harangue the Fed about cutting the Fed Funds rate. The Fed is printing money and sending it to the stock market via the banks. It’s a much more effective policy tool to accomplish Trump’s number one...
by irdadmin | Oct 22, 2019 | Financial Markets, Gold, Market Manipulation, U.S. Economy
“Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes...
by irdadmin | Oct 20, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed is printing money again – this time disguised as “repo operations” instead of “QE.” The price of gold and silver rallied over the summer anticipating an easier monetary policy. The economic problems and financial system excesses...
