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Illinois On The Brink? The Whole Country Is On The Brink

by irdadmin | Jul 11, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The biggest problem facing Illinois is the public pension fund problem. I don’t care what the “official” number is for the degree to which it is underfunded. I can guarantee that even without marking-to-real-market the illiquid investments like...

Amazon Prime Day! What Does This Mean?

by irdadmin | Jul 10, 2017 | Financial Markets, Market Manipulation, U.S. Economy

Amazon stock is up $6 in pre-market trading because it’s…”Prime Day!”  But what does this really mean?  It means AMZN will burn more cash selling and fulfilling commodity products with free 2-day shipping. But it will likely get another $20 pop...

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