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Has The Fed Actually Raised Rates This Year?

by irdadmin | Jun 15, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The answer is debatable but it depends on, exactly, to which rates you are referring.  The Fed has “raised,” more like “nudged,” the Fed Funds target rate about 50 basis points (one-half of one percent) this year.  That is, the Fed’s...

Gold & Silver Soar After The Fed’s Clown Show

by irdadmin | Mar 16, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

Stocks rally as the Fed once again shows how clueless they are at trying to manage the economy. – from @Stalingrad & Poorski The Federal Reserve’s FOMC predictably nudged the Fed Funds rate up 25 basis points (one quarter of one percent) to set its...

IRD On Kennedy Financial: Janet Yellen Is A Complete Embarrassment

by irdadmin | Sep 25, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals

Predictably, the FOMC once again fell flat on its face with regard to its continuous threats over the last month to hike rates. Despite the politically motivated rhetoric about the strengthening economy and tight labor market flowing from Yellen’s pie-hole, the...
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