by irdadmin | Apr 5, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The downtrend in the precious metals sector that began in August has been punctuated with one of the most aggressive, blatant price manipulation efforts over the last month that I have witnessed in 20 years. While no one can prove it without access to the inside books...
by irdadmin | Dec 27, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
Early 2000 was the last time the the Amex Gold Bugs Index (HUI) / SPX ratio was as low as it is now. That bottom occurred as the tech/dot.com bubble was popping. Oh, what a coincidence. By many indicators, the current stock market bubble will likely pop soon and it...
by irdadmin | Sep 23, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
It would be difficult to find a chart with a more bullish set-up than that of GDX unless it was a chart of the imminent move higher in the U.S. dollar money supply: The Fed was unable to move the Fed funds rate within 50% of the long term average...
by irdadmin | Jan 4, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
Silver is up 12.4% since November 11th, gold is up 9.3% since August 15th. But the GDX mining stock ETF is up 21.4 % since September 11th. GDX is actually up 71% since mid- January 2016. By comparison, the SPX is up just 34% over the same time period (Jan 19th,...
by irdadmin | Mar 26, 2018 | Financial Markets, Gold, Precious Metals
It feels like were at the point in the “correction” cycle in which the mining stocks are reluctantly going lower. I also believe that aggressive hedge funds looking to buy at this level are trying to push the stocks down in early trading in order to induce...
