by irdadmin | Jan 3, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
No society that depends on money can work for long if nobody knows the true value of things, including the value of money itself. The price of attempting to live in a culture of pervasive dishonesty is that a re-set is inevitable. When it happens, it will be hugely...
by irdadmin | Jan 2, 2018 | Financial Markets, U.S. Economy
I experienced a real eye-opener this past week. The lease on my fiance’s Audi A3 terminates soon. I was scanning the “pre-owned” inventory at the two largest Audi dealers in Denver expecting to see some good deals on 2013/2014 Audi A4’s that...
by irdadmin | Dec 28, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
In Hemingway’s, “The Sun Also Rises,” one of the characters, Bill, asks his friend, “Mike,” how he went bankrupt. Mike replied, “I had a lot of friends. False friends. Then I had creditors…” This passage from the novel...
by irdadmin | Dec 15, 2017 | Financial Markets, Gold, Market Manipulation, U.S. Economy
The popular narrative that has gripped the financial media searching for reasons that the price of gold is sluggish for reasons other than overt western Central Bank manipulation, is that Bitcoin interest is diverting cash that would otherwise be going into gold....
by irdadmin | Dec 15, 2017 | Financial Markets, Market Manipulation, U.S. Economy
The headline retail sales report, released today by the Census Bureau, showed a rather unexpectedly large 0.8% jump from October. The Wall Street brain trust was expecting a 0.3% increase. Of course, 99% of stock market investors and 100% of the financial media...
by irdadmin | Dec 12, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“There is nothing new on Wall Street or in stock speculation. What has happened in the past will happen again, and again, and again. This is because human nature does not change, and it is human emotion, solidly built into human nature, that always gets in the...
