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...
by irdadmin | Apr 29, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I continue to believe that the “lowest hanging fruit” in shorting this stock market is the homebuilders and related stocks. History appears to be repeating, or at least “rhyming” in the housing sector: Most investors do not realize this,...
by irdadmin | Apr 26, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
JD Powers and LMC Automotive are projecting auto sales to drop 8% in April from a year-ago April: For much of the past two years, the discounts offered by automakers have remained at levels that industry analysts say are unsustainable and unhealthy in the long...
by irdadmin | Apr 25, 2018 | Financial Markets, Market Manipulation, U.S. Economy
I would have thought that after all of the fraudulent, illegal and unethical business activity for which Wells Fargo has endured, a situation placed in their lap by a concerned citizen would have received immediate attention. What’s most appalling about the...
by irdadmin | Apr 24, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The stock market (per the Dow), after an initial spike up at the open, has sold off continuously today. The sell-off began to accelerate just before 2 p.m. EST on no specific news or event catalysts. So what the heck happened? To begin with, the stock market jumps...
