by irdadmin | Jan 5, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“This time it’s different.” That quote is from Sir John Templeton, a legendary investor who is considered the father of the modern mutual fund industry. For most of the month of December, I’ve been hearing ads from mortgage brokers who are...
by irdadmin | Jan 4, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked, ‘Account overdrawn.’ – Francisco’s “Money” Speech – from “Atlas Shrugged”...
by irdadmin | Jan 2, 2018 | Financial Markets, U.S. Economy
I experienced a real eye-opener this past week. The lease on my fiance’s Audi A3 terminates soon. I was scanning the “pre-owned” inventory at the two largest Audi dealers in Denver expecting to see some good deals on 2013/2014 Audi A4’s that...
by irdadmin | Dec 25, 2017 | Financial Markets
When you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed....
by irdadmin | Dec 12, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“There is nothing new on Wall Street or in stock speculation. What has happened in the past will happen again, and again, and again. This is because human nature does not change, and it is human emotion, solidly built into human nature, that always gets in the...