by irdadmin | May 10, 2016 | Financial Markets, Market Manipulation, U.S. Economy
The western media – especially any mainstream U.S. news source – has made it a habit to blame the world’s problems on Russia and China. The U.S. economy is aces – when the U.S. stock market drops it’s China’s fault. Bloomberg...
by irdadmin | May 10, 2016 | Financial Markets, U.S. Economy
The stock I feature in the latest issue of the Short Seller’s Journal was down 3.5% today. The company’s revenues are highly correlated with the GDP, which is going negative rather quickly. This stock easily has another $20 of downside by the middle of...
by irdadmin | Feb 28, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
It’s been estimated that at least a third of the 175 oil producing companies in the U.S. are at risk of slipping into bankruptcy this year. At some point banks are going to have to start foreclosing on defaulted loans and many companies will be forced to...
by irdadmin | Feb 14, 2016 | Financial Markets, Market Manipulation
A reader reports: Hi Dave, I’m in the Amazon puts with 300 strike price that I bought on Jan 17 before they reported earnings. I’ve made $7500 on the trade. Also I read that you think silver is the play of the decade! I’m going to take those profits...
by irdadmin | Feb 3, 2016 | Financial Markets, Housing Market, U.S. Economy
First of all, regard this as a warning to get your cash out of any funds at Legg Mason that are touched by Bill Miller. The last time Miller was this bullish on stocks and AMZN, the S&P 500 collapsed from 1550 to 700 in 17 months. Miller bills himself as a...
