by irdadmin | Feb 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is “high powered” money, meaning it can be leveraged...
by irdadmin | Feb 8, 2018 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Is the Stock Market Rigged? Paul Craig Roberts, Dave Kranzler, and Michael Hudson On February 6 PCR asked if the Plunge Protection Team had stepped in and prevented a stock market correction by purchasing equity index futures....
by irdadmin | Jan 31, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The Fed’s tightening plan sounds like my fat buddy’s diet plan at my workplace. He still scarfs down his usual 2 Big Macs a day (sometimes 3), but has lately taken to washing it down with a diet Coke instead of a regular Coke. “Gotta watch my weight”, he recently told...
by irdadmin | Nov 16, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The stock market rejoices the House passage of the tax “reform” Bill as the Dow shot up 187 points and the S&P 500 spiked up 21. The Nasdaq soared 1.3%, retracing its 3-day decline in one day. The tax bill is nothing more than a massive redirect of...
by irdadmin | Oct 2, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed often treats financial markets as a beast to be tamed, a cub to be coddled, or a market to be manipulated. It appears in thrall to financial markets, and financial markets are in thrall to the Fed, but only one will get the last word. – Former FOMC...
