by irdadmin | Feb 12, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I get a kick out of these billionaires and centimillionaires, like Kyle Bass yesterday, who appear on financial television to look the viewer in the eye and tell them that economy is booming. Kyle Bass doesn’t expect a mild recession until mid-2020. Hmmm...
by irdadmin | Feb 7, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“Our advice is to own as little exposure U.S. equity exposure as your career risk allows.” – Martin Tarlie, member of portfolio allocation at Grantham, Mayo, Van Otterloo investment management The following is an excerpt from the latest Short...
by irdadmin | Feb 5, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Price inflation has been badly misrepresented by CPI figures and have been averaging closer to about 8% annually since gold topped in Sept 2011. Since then the purchasing power of the dollar has declined by about 43%, so that in 2011 dollars the gold price is $740. No...
by irdadmin | Jan 30, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The mis-pricing of money and credit has also driven a terrible misallocation of capital and kept unproductive zombie debtors alive for too long. Saxo Bank, “Beware The Global Policy Panic” “Mis-pricing of money and credit” refers to the ability...
by irdadmin | Jan 26, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
First it was the loudly broadcast convening of the Working Group on Financial Markets – aka “the Plunge Protection Team” – by the PPT’s el Jefe, Steven Mnuchin. This was followed the “mouse that roared” speech from Fed head,...
