by irdadmin | May 9, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I strongly believe that labeling the condition of the stock market based on arbitrary “percentage changes” up or down is absurd. But then again most attributes of the current stock market are sublimely ridiculous, if not outright Orwellian. But, what the...
by irdadmin | May 7, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
This analysis is an excerpt from the opening market commentary in my April 19th issue of the Mining Stock Journal. I was looking at some charts with a colleague two weeks ago and was startled to discover that a very quiet bull move has begun in the miners. Like the...
by irdadmin | May 6, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Since the beginning of 2018, gold has been stuck in a trading range between $1310 and $1360. Silver has ranged between $16.20 and $17.50, though primarily between $16.80 and $16.25 since February. So what’s next? While most analysts base their views largely...
by irdadmin | May 3, 2018 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Not much needs to be said about Tesla. Elon Musk’s performance on the Company’s conference call speaks for itself. He basically told the lemming analysts who have been the Company’s Wall Street carnival barkers to go have sex with themselves in...
by irdadmin | May 1, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
What concerns me is when people put their hard-earned money into housing or any other supposed store of value thinking that the sky is the limit. We are living in an age of epic distortions, misinformation and outright fraud. – Aaron Layman, Dallas-based...
by irdadmin | May 1, 2018 | Financial Markets, Gold, U.S. Economy
Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He’s put half of his $5.7 billion net worth into gold. He said in an interview Monday that he believes gold prices will...
