by irdadmin | Jul 29, 2016 | Financial Markets, Market Manipulation
The mainstream financial media headlines reporting Amazon’s Q2 earnings release were shamelessly pathetic: “Amazon crushes Street forecast,” “Amazon beats again in Q2 thanks to cloud services.” It was beyond nauseating. The entire...
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 | Mar 8, 2016 | Financial Markets, Market Manipulation
“No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.” – Jim Cramer on CNBC’s “Mad Money” on March 11, 2008. Three days later, on March 14,...
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...
