by irdadmin | Nov 20, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
It’s obvious that the Fed, along with its bullion bank market emissaries, has been working hard to keep a lid on the price of gold. From the vertical “zip lines” in the chart over the past two weeks, the price management team is also making every...
by irdadmin | Sep 9, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“There is a growing recognition that the much-heralded V-shaped recovery is not going to happen beyond a temporary recovery following lockdowns. That being the case, the Fed is committed to unlimited monetary inflation, which is already undermining the dollar,...
by irdadmin | Aug 21, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
Eventually – and I want to emphasize “eventually” – the precious metals sector will do what the tech sector/Nasdaq is doing right now. That is to say will undergo a blow-off top that will take gold, silver and mining stocks to all-time highs. ...
by irdadmin | Aug 18, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The news that Warren Buffet took a stake in Barrick Gold stimulated animal spirits in the precious sector on Monday. To be sure, this was a factor in the move on Monday. However the precious metals are starting to price in the next round of money printing by the Fed...
by irdadmin | Jul 28, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The precious metals and mining stocks have a long way to go before this secular bull market is over. My view is that it will culminate with a global monetary reset that will re-incorporate gold/silver into the monetary system. The dollar-based price of gold and silver...
