by irdadmin | Jun 29, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
All morning Fox Business has had a green banner posted that exclaims, “stocks stabilize.” So down 5% in two days followed by a 2.7% bounce in a little more than 1 day of trading is defined as “stabilizing?” How about the fact that the S&P...
by irdadmin | Jun 28, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
This is a note to me from one of my Short Seller Journal subscribers: As a 20 year real estate agent, investor and wholesaler in Atlanta, I’d like to add my comment to your analysis. I totally agree that things are not what they seem to be in housing. I...
by irdadmin | Jun 22, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
This commentary is from a subscriber to my Short Seller’s Journal: The 3% down loans seem to have brought in a lot of first time buyers into the market. I live in the east bay area of California, which is more affordable than San Francisco, or the South Bay area...
by irdadmin | Jun 22, 2016 | Financial Markets, Housing Market, U.S. Economy
It’s happening here too, NE Florida. Lots of inventory in higher priced areas (around $400k), lesser expensive areas are selling but at much reduced frequency. Lots of for sale signs out there and they’ve not come down. I see price reductions now, and still no traffic...
by irdadmin | Jun 1, 2016 | Financial Markets, Gold, Market Manipulation, U.S. Economy
That [the unchecked market intervention by the Fed] will never change, Bill. Here’s what will happen: 99.5% of the public will NEVER believe that gold is the solution and they don’t even care if it’s manipulated. But when the point in time occurs...