by irdadmin | Sep 5, 2018 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
“The banks are very net long gold and silver futures. To the extent that banks can peer at what’s going on behind the proverbial ‘curtain,’ they must see something that has inspired them to take long position in the precious metals.” Gold...
by irdadmin | Aug 30, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“When it starts to happen, I think it could happen a lot more quickly than people realize.” The rest of the world is methodically “weaning” itself off its dependence on the U.S. dollar. Perhaps the latest EM collapse will accelerate this reset....
by irdadmin | Aug 29, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“Those who see no Lehman-like episode on the horizon did not see the last one.” – highly regarded writer, George Will, in a National Review article titled, “America Is Overdue For Another Economic Disaster” Lost in the largely meaningless...
by irdadmin | Aug 24, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I remember vividly the scene in The Big Short when a housing broker was driving the “Steve Eisman” group around California’s “Inland Empire.” Home prices were dropping and the vista was littered with “for sale” signs. The...
by irdadmin | Aug 19, 2018 | Financial Markets, Gold, Market Manipulation, U.S. Economy
I felt compelled to clarify the commentary out “there” discussing the non-commercial short position in gold. An interviewee on one of the widely viewed precious metals and economic websites referenced the record “speculator” short position in...
by irdadmin | Aug 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
In 2008, gold was taken from $1020 to $700 and silver was pounded from $21 to $7 during the period of time that Bear Stearns, Lehman and the U.S. financial system was collapsing. The precious metals were behaving inversely to what would have been expected as the...