by irdadmin | Mar 9, 2016 | Financial Markets, Market Manipulation, U.S. Economy
A reader contacted me earlier today after seeing the absurd article on the Wall Street Journal heralding in the “7-year bull market” in stocks: Absolutely amazing they can put out crap like this: “Still, with GDP growth expected to be 2.3% this year,...
by irdadmin | Mar 3, 2016 | Financial Markets, Market Manipulation, U.S. Economy
I have no idea who is throwing cash into this highly overvalued stock market to push it higher right now. Any registered financial advisors or pension managers who are buying into this stock market right now are in serious breach of their legal fiduciary duty. While...
by irdadmin | Feb 29, 2016 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
To be sure, oil executives are not alone in feeling the pain. Many blue collar jobs in oilfield equipment production have disappeared. So have thousands of middle management jobs in oil exploration and production. A regular Uber customer is likely at some point to...
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 26, 2016 | Financial Markets, Market Manipulation, U.S. Economy
Certain aspects of this market have become relatively easy to predict. I told my partners yesterday that they would take silver below $15 once the U.S. paper market was the only market open market on Friday (today). Soon as the London p.m. fix was set, the NY paper...