by irdadmin | Jan 11, 2016 | Financial Markets, U.S. Economy
The pundits can disingenuously blame the crashing Baltric Dry Index on container ship overcapacity and find some dopes to believe that fairy tale, but there’s only one explanation for collapsing rail freight shipment volume in the United States: the consumer...
by irdadmin | Jan 11, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
What the Fed did, and I was part of it, was front-loaded an enormous market rally in order to create a wealth effect. – Richard Fischer, former Dallas Fed President on CNBC (via Zerohedge) It is absolutely mind-blowing that this statement by a former Fed bank...
by irdadmin | Jan 8, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Two kindred spirits talking about reality” – SGT “What caused me to almost fall off my chair when I read that article (San Francisco Fed President John Williams gave a speech in which he stated that he Fed would raise interest rates 3-5 times...
by irdadmin | Jan 8, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The manipulation of markets (witness today) and the overt lying about the economy intensify as we move inexorably towards the precipice. – John Embry Short Seller’s Journal update: My “Quick Hit” pick is now down 27% from its Dec 31 close. ...
by irdadmin | Jan 7, 2016 | Financial Markets, U.S. Economy
UPDATE: My “Quick Hit” pick for the week is killing it. The stock is down 12.7% outright from its December 31 close. My put option pick on this stock is now up 50% based on where it could have been bought Monday morning and the last point of trade...
