by irdadmin | Aug 12, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The media campaign against gold continues. With Congress ordering magical fiscal bailouts from the Treasury, Trump conjuring up continued $600 weekly unemployment payments by executive order, and the Fed adding assets of every dubious stripe to its swollen $7 trillion...
by irdadmin | Aug 10, 2020 | Financial Markets, Market Manipulation, U.S. Economy
“Investors are being infantilized by the relentless Federal Reserve activity…It’s as if the Fed considers them foolish children, unable to rationally set the prices of securities so it must intervene.” – Seth Klarman, Baupost Group This is indeed the...
by irdadmin | Jun 10, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The bullion banks – at least on the Comex – have reduced their risk exposure to gold and silver derivatives over the last several months, which means reducing their short exposure. This is likely in response to the rising risk that they will be unable to...
by irdadmin | May 12, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“At the parabolic top of every financial bubble, thrilled investors lose their tether to reality, and as the price of the speculative instrument rallies ever higher, investors’ expectations for additional price appreciation inflate ever more. Whether its Cisco...
by irdadmin | Apr 22, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
For central banks, monetary inflation is everywhere the solution. Bank rescues, payment chain failures, the furloughing of millions of employees, helicopter money to bail out whole populations, money to bail out governments, money to support all categories of...
