by irdadmin | May 24, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Rising energy prices and collapsing emerging currencies are two developments that are not receiving much attention in the mainstream propaganda narrative. But either development which could end up “pulling the rug” out from underneath the markets. I pieced...
by irdadmin | May 23, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Patrick Vierra of Singapore Bullion invited me to discuss precious metals, the stock market and the fiat currency-fueled asset bubbles that will blow-up sooner or later. I explain why investing in gold requires a long term perspective on investing and wealth...
by irdadmin | May 22, 2018 | Financial Markets, Housing Market, Precious Metals, U.S. Economy
Someone or some entity – likely a hedge fund – bought 4500 September $35-strike puts on XHB on Thursday last week when XHB was trading just above $39. That’s a $225,000 speculative bet that the XHB drops more than 15% by mid-September. This morning...
by irdadmin | May 19, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
What’s going on with gold, the dollar and interest rates – especially gold? All of the variables that fundamentally support much higher gold prices are lined up perfectly. Why isn’t gold moving higher? The popular narrative in the mainstream...
by irdadmin | May 17, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The dollar is said to be “soaring,” though I take issue with that characterization for now (see the chart below); 10-yr Treasury yields are also rising, though the yield on the 10-yr is only up about 67 basis points if you measure from January 1, 2017. ...
by irdadmin | May 15, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The stock market has gone 74 days without making a new high but that hasn’t stopped the bulls from boasting about how it is up or flat six days in a row. I still say to sell into strength – David Rosenberg, Gluskin-Sheff The narrative that the economy continues...
