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Gold Set Up For Big Move This Year – What About Cryptos?

by irdadmin | Jan 22, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

Gold and silver had a sharp run-up in the last two weeks of 2017. However, the abrupt move in gold has been accompanied by a rapid rise in the gold futures open interest on the Comex. Furthermore, based on the last COT report the banks have dramatically increased...

Is Bitcoin Demand Hurting The Price Of Gold?

by irdadmin | Dec 15, 2017 | Financial Markets, Gold, Market Manipulation, U.S. Economy

The popular narrative that has gripped the financial media searching for reasons that the price of gold is sluggish for reasons other than overt western Central Bank manipulation, is that Bitcoin interest is diverting cash that would otherwise be going into gold....

Bitcoin’s Inconvenient Truths: The Silence Is Deafening

by irdadmin | Nov 26, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals

Gold is instantly and optically recognizable as money. You dont have to explain it. Bitcoin and Special Drawing Rights (SDR), like a bad joke, have to be explained. There are plenty of sites available that paint it clearly, like bitcoin.com.au, but many...

Goldman Sachs Says Gold Is Better Than Bitcoin

by irdadmin | Oct 17, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals

“Precious metals remain a relevant asset class in modern portfolios, despite their lack of yield,” analysts including Jeffrey Currie and Michael Hinds wrote. “They are neither a historic accident or a relic.” Looking at properties such as...

The Bitcoin And Cryptocurrency Bubble

by irdadmin | Sep 14, 2017 | Financial Markets, Gold, Market Manipulation, U.S. Economy

I actively traded the internet stocks during the late stages of the internet/tech stock bubble in 1999 – from the short side. I will admit that I did take a few long-side day trade rides on a few internet stocks. I remember one Chinese internet stock that I...
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