by irdadmin | Nov 6, 2019 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
The major stock indices – the Dow, SPX and Nasdaq – have wafted up to all-time highs on a cloud of Central Bank printed money. Interestingly, most of the stocks in all three indices are below to well below their all-time highs. Breadth of the move is...
by irdadmin | Oct 17, 2019 | Financial Markets
Last week the Fed announced that it was going to start buying $60 billion in T-Bills per month at least into Q2 2020. The Fed will also rollover the proceeds as the T-Bill’s mature. The rationale was to address the decline in the “non-reserve”...
by irdadmin | Sep 15, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals
The September 7th COT report is probably the most bullish I’ve seen since the beginning of my involvement in the precious metals sector in 2001. As most of you probably know by now, the “commercial” trader category is now net long both gold and...
by irdadmin | Sep 5, 2018 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
“The banks are very net long gold and silver futures. To the extent that banks can peer at what’s going on behind the proverbial ‘curtain,’ they must see something that has inspired them to take long position in the precious metals.” Gold...
by irdadmin | Jun 3, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The narrative that the economy continues to improve is a myth, if not intentional mendacious propaganda. The economy can’t possibly improve with the average household living from paycheck to paycheck while trying to service hopeless levels of debt. In fact, the...