by irdadmin | Jul 2, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The XHB homebuilder ETF is decisively below three key moving averages after it knifed below its 50 dma last week. KB Homes reported a big earnings and revenue “beat” on Thursday after the market closed. The stock soared as much as 9% on Friday. Per the...
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...
by irdadmin | Jun 1, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The National Association of Realtors released its monthly “Pending” home sale report for April this morning. It fell 1.3% from March. The Wall Street analytic “brain trust” was looking for a 0.4% gain. The housing data is repetitively...
by irdadmin | May 27, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
A branch manager gets home loans for borrowers with weak credit or low incomes—and taxpayers back him up. – Bloomberg.com Bloomberg News featured a story today that I find to be an outrage. It seems that some punk kid in Houston – Angelo Christian –...
by irdadmin | May 23, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Patrick Vierra of Singapore Bullion invited me to discuss precious metals, the stock market and the fiat currency-fueled asset bubbles that will blow-up sooner or later. I explain why investing in gold requires a long term perspective on investing and wealth...