by irdadmin | Jan 22, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Newmont/Goldcorp merger is the second mega-deal in the industry after Barrick acquired RandGold in September. Without question, the two deals reflect the growing need for large gold and silver mining companies to replace reserves, which are being depleted at these...
by irdadmin | Jan 17, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The post-Christmas stock rally extended through Wednesday as the small-cap and tech stocks led the way, with the Russell 2000 up 14.3% and the Nasdaq up 12.5%. The SPX and Dow are up 10.4% and 10.1% respectively. During the stretch between December 26th and January...
by irdadmin | Jan 9, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, U.S. Economy
The stock market has gone “Roman Candle” since Fed Chairman, Jerome Powell, gave a speech that was interpreted as a precursor to the Fed softening its stance on monetary policy. Not that intermittent quarter-point Fed Funds rate nudges higher or a barely...
by irdadmin | Jan 7, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The stock market has become the United States’ “sacred cow.” For some reason stock prices have become synonymous with economic growth and prosperity. In truth, the stock market is nothing more than a reflection of the inflation/currency devaluation...
by irdadmin | Dec 27, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, U.S. Economy
“Commentators keep asking why the Fed can’t raise rates if the economy is so strong? They still don’t realize that the economy was never strong. They confuse a bubble for strength. Without 0% rates and QE the bubble can’t survive. But a return...
by irdadmin | Dec 20, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, U.S. Economy
Bloomberg posted an article this morning describing the Collateralized Loan Obligation market as “Wall Street’s Billionaire Machine.” But I seem to recall that the CLO market was one of the financial nuclear bombs that blew up and triggered the...
