by irdadmin | Aug 4, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“[T]he Committee decided to raise the target range for the federal funds rate to 2-1/4 to 2-1/2 percent and anticipates that ongoing increases in the target range will be appropriate. In addition, the Committee will continue reducing its holdings of Treasury...
by irdadmin | Aug 1, 2022 | Financial Markets, Housing Market, U.S. Economy
After a decade of deranged monetary policies that ultimately amplified speculation beyond 1929 and 2000 extremes, we are so far from “normal’ that arriving anywhere near that neighborhood will be a journey. The recent market decline has simply retraced the frothiest...
by irdadmin | Jul 6, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I wrote the following commentary on the precious metals market for Kinesis Money: With all of the factors in place to support a big move higher in the precious metals sector (raging inflation, escalating geopolitical tensions, recessionary economy, etc), the recent...
by irdadmin | Jun 20, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals
The idea that Vladimir Putin is responsible for the raging price inflation in the U.S. – as “Joe Biden” first claimed in a speech a couple of months ago, calling it “Putinflation” – is patently absurd. The Fed, along with several of...
by irdadmin | Mar 2, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Did anyone really believe that the Fed would end up hiking rates more than once or twice, for at total of maybe 50 basis points? Seriously. The Fed can’t even stop printing money without risking a major financial crisis (source: twitter ): The Fed/elitists...
