by Dave Kranzler | Jun 8, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
One/some/several “entities” decided at 9:38 a.m. this morning that it was necessary to dump 14,315 contracts of paper gold. This is just the August contract. In total a lot more was unloaded. This represents 1.43 million ozs of gold. The Comex is...
by Dave Kranzler | Jun 7, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Just like the Dutch Tulip Bulb bubble, internet stock bubble, and the mid-2000’s financial asset bubble, the current stock market is no longer a price-discovery mechanism. It has deteriorated into a venue in which Central Bank-manufctured liquidity –...
by Dave Kranzler | Jun 5, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The Fed printed $2.5 trillion to prop up the mortgage market and the Government “refurbished” all of the mortgage programs it sponsors (Fannie Mae, Freddie Mac, FHA, VHA, USDA) in a way that positioned the Government/taxpayer as the new subprime lender of...
by Dave Kranzler | Jun 4, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Although it may not “feel” like it, the price of gold has been in a nice – albeit “controlled” – uptrend since late December (1-year daily, Comex continuous futures contract): Gold is up over 12% since 12/22/16. By comparison, the...
by Dave Kranzler | Jun 3, 2017 | Financial Markets, Market Manipulation, U.S. Economy
A research report from Morningside Hill Capital sourced from Zerohedge shows that 93% of the jobs “created” since 2008 were Birth/Death model estimates. While some portion of those jobs were no doubt legitimately created, the issue is over-estimation of...
by Dave Kranzler | Jun 2, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Bureau of Labor Statistics. It has an Orwellian ring to it. I guess it should stand for “Bureau of Lying Statistics.” A quick glance at today’s non-farm payroll report suggests that the economy likely lost hundreds of thousands of jobs in May. The...
