by irdadmin | Oct 19, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Apparently Treasury Secretary, ex-Goldman Sachs banker Steven Mnuchin, has threatened Congress with stock crash if Congress doesn’t pass a tax reform Bill. His reason is that the stock market surge since the election was based on the hopes of a big tax cut. This...
by irdadmin | Oct 16, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The current asset bubble has been created by a record level of money printing and debt creation globally. Unfortunately, the upward velocity of rising asset prices has seduced investors to recklessly abandon all notion of risk. One would have to be brain-dead to not...
by irdadmin | Oct 7, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The 1944 Bretton Woods international monetary system as it has developed to the present is become, honestly said, the greatest hindrance to world peace and prosperity. Now China, increasingly backed by Russia—the two great Eurasian nations—are taking decisive steps to...
by irdadmin | Oct 4, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The housing market headed for very “rough waters.” The title is from the National Association of Realtor’s Pending Home Sales report for August in reference to NAR chief “economist” Larry Yun’s commentary on the housing market....
by irdadmin | Oct 2, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed often treats financial markets as a beast to be tamed, a cub to be coddled, or a market to be manipulated. It appears in thrall to financial markets, and financial markets are in thrall to the Fed, but only one will get the last word. – Former FOMC...
by irdadmin | Sep 30, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
IRD Note: Along with the housing market, the entire economy is beginning to collapse. Unless the Fed implements another round of trillions in money printing, the laws of economics will take control of the system. With the housing market, the point of inflection...
