by irdadmin | Aug 3, 2020 | Financial Markets, Market Manipulation, U.S. Economy
Jeff Bezos was a master at GAAP accounting manipulation back when Elon Musk thought that “GAAP” was a clothing store chain. AMZN’s numbers are just as manipulated as Tesla’s. But the difference between Jeff Bezos and Elon Musk is that, whereas...
by irdadmin | Jul 11, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed has blown the current stock bubble to an unprecedented magnitude. While the most outrageous overvaluations are concentrated in the tech sector, the valuation insanity has engulfed the entire stock market. Bubble chasers ran Hertz, a bankrupt company that will...
by irdadmin | Jan 21, 2020 | Financial Markets, Market Manipulation, U.S. Economy
Note: Tesla is a fascinating case in fraud and of the “wizard” behind the fraud, who has managed to pull the wool over a large population of stock gamblers. Tesla is a saga for the ages and likely the biggest Ponzi scheme in U.S. history. The Company and...
by irdadmin | Nov 25, 2019 | Financial Markets, Market Manipulation, U.S. Economy
How does NFLX manage to show positive net income yet burn hundreds of millions of dollars each quarter? It’s the magic of GAAP accounting. I did a detailed analysis for my Short Seller’s Journal subscribers back in 2017. Each quarter NFLX has to spend...
by irdadmin | Nov 11, 2019 | Financial Markets, Market Manipulation
“If there is any brilliance to TSLA, it is in the accounting slight of hand” (from @georgia_orwell) Unfortunately, the key regulatory agencies in the Government, like the SEC, have been co-opted by the big banks and by Wall Street lawyers who built a...
