by irdadmin | Jan 22, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Newmont/Goldcorp merger is the second mega-deal in the industry after Barrick acquired RandGold in September. Without question, the two deals reflect the growing need for large gold and silver mining companies to replace reserves, which are being depleted at these...
by irdadmin | Jan 21, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
Anyone who denies that Governments and Central Banks manipulate the gold and silver markets using paper derivatives and deceptive physical metal custodial operations is ignorant of history and facts. Currently the gold and silver price capping is as oppressive as...
by irdadmin | Jan 2, 2019 | Financial Markets, Gold, Precious Metals
A quiet bull market in mining stocks is underway. The GDX ETF closed trading on New Year’s Eve up 2.37%. Through Monday, the GDX has risen 20% since hitting a 52-week low close of $17.57 on September 11, 2018. In popular parlance, GDX is now in a “bull...
by irdadmin | Nov 8, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
JP Morgan, at least according to the daily Comex warehouse report, added over half a million ozs of silver to its “historic” stash of silver at the Comex: TF Metals Report. It would be even more interesting to see an actual independent accounting of...
by irdadmin | Oct 11, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The paper gold attack that I first suggested might occur in the September 7th issue has taken gold from $1360 down to $1270 (continuous contract basis). Technically, gold has moved from an “overbought” condition to a mildly “oversold”...