by irdadmin | May 12, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Fostering transparency and accountability at the Federal Reserve was one of my principal objectives when I became Chairman in February 2006.” – Ben Bernanke, outgoing Fed Chairman 2014 “Recently I used the word ‘revolution’ to...
by irdadmin | Feb 28, 2021 | Gold, Market Manipulation, Precious Metals
To paraphrase JP Morgan’s (the man) 1912 testimony to Congress: “Gold is money, everything else is credit.” JP Morgan, 1912 The question you’ll need to answer for yourself is “what alternatives are there for big investments right...
by irdadmin | Jan 19, 2021 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry. It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.” ...
by irdadmin | Dec 3, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The appointment of Janet Yellen as Treasury Secretary fully removes the “Chinese Wall” that is supposed to separate the Fed and the Government. I believe her appointment signals a decision to transition monetary policy into the unfettered implementation of...
by irdadmin | Oct 28, 2020 | Financial Markets, Gold, Precious Metals
The following commentary is from Chris Powell, the Treasurer of GATA. I fully endorse his view. In fact, when the report initially surfaced that the World Gold Council reported Central Banks to be net sellers of gold in September, I summarily dismissed it for the...
