by irdadmin | Sep 6, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
There’s an egregious misperception that QE is merely an “asset swap” with banks that simply creates reserves – that the Fed is not printing money with its QE operations. This view is seeded in ignorance about the monetary system as operated by...
by irdadmin | Aug 25, 2022 | Financial Markets, Housing Market, U.S. Economy
“The buyers just disappeared off the face of the earth.” – Shauna Pendleton, a Boise real-estate agent for Redfin Over the course of the summer, there’s been a stunning collapse in home sales. For July, new home sales fell 12.9% from June (seasonally...
by irdadmin | Aug 16, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Despite the highly massaged CPI report last week, inflation remains entrenched and persistent at a historically level. Meanwhile, the economy continues to contract, average household real earnings become more negative and the housing market is in a slow motion...
by irdadmin | Aug 4, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“[T]he Committee decided to raise the target range for the federal funds rate to 2-1/4 to 2-1/2 percent and anticipates that ongoing increases in the target range will be appropriate. In addition, the Committee will continue reducing its holdings of Treasury...
by irdadmin | Aug 1, 2022 | Financial Markets, Housing Market, U.S. Economy
After a decade of deranged monetary policies that ultimately amplified speculation beyond 1929 and 2000 extremes, we are so far from “normal’ that arriving anywhere near that neighborhood will be a journey. The recent market decline has simply retraced the frothiest...
by irdadmin | Jul 22, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Treasury curve is imploding, which means interest rates have become more negative this week, especially today. The gold/silver action is strictly in the corrupt Comex arena. Also, the action in Treasuries is an ominous warning of a big problem in the financial...
