by irdadmin | Aug 15, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
As a quick aside, I got an email today from a colleague, a self-admitted “very small fish,” who told me he was now getting cold calls from Goldman Sachs brokers offering “very interesting structured products.” I told him the last time I heard...
by irdadmin | Aug 2, 2017 | Financial Markets, Market Manipulation, U.S. Economy
July auto sales was a blood-bath for U.S auto makers. The SAAR (Seasonally Manipulated Adjusted Annualized Rate) metric – aka “statistical vomit” – presented a slight increase for July over June (16.7 SAAR vs 16.5 SAAR). But the statisticians...
by irdadmin | May 3, 2017 | Financial Markets, Market Manipulation, U.S. Economy
Goldman Sachs’ net income declined 42% from 2009 to 2016. How many of you reading this were aware of that fact? Yet GS’ stock price closed today 36% above its 2009 year-end closing price. See below for details. Auto sales in April declined again, with the...
by irdadmin | Jan 30, 2017 | Financial Markets, Housing Market, U.S. Economy
Central Bank intervention in the markets has completely destroyed the stock market’s value as a reflector of economic activity and business profitability. Rather, like the mainstream media, the stock market has become little more than propaganda tool used in an...
by irdadmin | Oct 14, 2016 | Financial Markets, Market Manipulation, U.S. Economy
There’s a direct correlation between the scale and quantity of lies coming from Hillary Clinton and the Government. Why? It’s election season, of course. It’s easy enough to dismiss Hillary’s plea for debate viewers to go to her campaign...