by irdadmin | Oct 18, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“’DON’T PANIC!!!!’ Just 6.9% off of the most offensive valuation extreme in history.” – Tweet from John Hussman, Hussman Funds The above quote from John Hussman was a shot at the financial media, which was freaking out over the sell-off in the...
by irdadmin | Oct 17, 2018 | Financial Markets, Market Manipulation, U.S. Economy
A colleague/friend asked today how I thought the “FANG saga” would end. I replied that I don’t know about GOOG and FB, but AMZN is maybe worth $50/share as it burns cash every quarter despite manufacturing GAAP “net income” so it’s...
by irdadmin | Oct 10, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“The only time we’ve ever seen a confluence of risk factors anywhere close to those of today was the week of March 24, 2000, which marked the peak of the technology bubble.” – John Hussman, Hussman Funds, in his October Market Commentary The yield on...
by irdadmin | Oct 8, 2018 | Financial Markets, Housing Market, U.S. Economy
The Denver Post published an article last week titled, “Major cold front slams Denver housing market in September” (note, weather-wise, September was one of the warmest and driest in many years). Single-family home sales in September plunged 30.5% from...
by irdadmin | Oct 4, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
With gold showing good resiliency as it has tested the $1200 level successfully after enduring aggressive paper gold attacks during Comex floor trading hours, it’s only a matter of time before gold breaks out above $1220 and heads toward $1300. Gold has been...
by irdadmin | Sep 30, 2018 | Financial Markets, Market Manipulation, U.S. Economy
“…when you see that money is flowing to those who deal, not in goods, but in favors–when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being...
