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Fox Business Goes Full Retard: “Stocks Stabilize”

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...

Government Sponsored Mortgages Go Full Retard: 2008 Redux-Squared

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...

More On Housing – 2008 All Over Again

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...

June Existing Home Sales Report: More NAR Promtional Propaganda

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...

The U.S. Economy Is Collapsing And The S&P 500 Is Flat?

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...
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