by irdadmin | Apr 1, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
There is plenty of dysfunction in plain sight to suggest that the financial markets can’t bear the strain of unreality anymore. Between the burgeoning trade wars and the adoption in congress this week of a fiscally suicidal spending bill, you’d want to put your...
by irdadmin | Jun 28, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“We believe the effect of the troubles in the subprime sector on the broader housing market will be limited and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system,” – Fed Chairman,...
by irdadmin | May 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
So much for the jump in the builder’s confidence index reported last week. The Government reported a literal plunge in new home sales in April. Not only did the seasonally manipulated adjusted annualized sales rate drop 11.4% from March, it was 6% below Wall...
by irdadmin | May 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The S&P 500 and Dow have gone nowhere since March 1st. The SPX had been bumping its head on 2400 until Wednesday. The Dow and the SPX have been levitating on the backs of five tech stocks: AAPL, AMZN, FB, GOOG and MSFT. AAPL alone is responsible for 25% of the...
by irdadmin | May 9, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Gold and silver have been sold down pretty hard since April 18th. But the structure of the weekly Commitment of Traders report, which shows the long and short positions of the various trader classifications (banks, hedgers, hedge funds, other large investment funds,...
