by irdadmin | Jul 6, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I wrote the following commentary on the precious metals market for Kinesis Money: With all of the factors in place to support a big move higher in the precious metals sector (raging inflation, escalating geopolitical tensions, recessionary economy, etc), the recent...
by irdadmin | Jun 10, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Inflation is something that happens to balloons. In this context it is an increase in the combined quantity of money, currency, and credit, which will tend to increase prices all else being equal. – Alasdair Macleod, Inflation Defined NOTE: The commentary below...
by irdadmin | Dec 21, 2021 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Fed announced Wednesday that it would double its rate of taper, which means that by the end of March it will not longer be overtly dumping money into the banking system. It also implied, via its idiotic dot-plot, that there would be three interest hikes in 2022....
by irdadmin | Sep 30, 2021 | Financial Markets, Market Manipulation, U.S. Economy
“There was a complete rout of net favorable views of buying conditions: household durables fell to the lowest level since 1980, vehicles fell to the lowest level since 1974, and homes to the lowest level since 1982. These record drops were all due to complaints...
by irdadmin | Sep 13, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The gold price ran from $1,265 at the beginning of May 2019 to $2,089 in early August 2020. That’s a 65% move 15 months. Over that period of time gold outperformed every financial asset class. To some extent, the move was anticipating the price inflation...