by irdadmin | Mar 28, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The use of the term “animal spirits” is most commonly attributed to John Maynard Keynes. But it originates from the Latin term, “spiritus animales” in reference to the spirit that drives human thought, feeling and action. We saw animal spirits...
by irdadmin | Jun 7, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
If the Comex were allowed to issue paper contracts representing no more that 10 or 20% of the actual amount of gold held by Comex vaults, what would the price of gold be? 1.176 million ounces of gold have been delivered – or should I say “delivered”...
by irdadmin | Apr 8, 2016 | Financial Markets, Gold, Precious Metals
Apparently that imbecilic Goldman Sachs commodities analyst, Jeff Currie, was on CNBC’s Power Lunch urging viewers to short gold. He’s been wrong since his initial $800 target on gold he set about 2 years ago. In fact, using Currie as a contrarian...