by irdadmin | Jul 19, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The trading action in the paper gold markets of London and NY this week further convinces me that gold is being pushed down in price by the western Central Banks similar to the take-down in the paper price that occurred in 2008. The motive is to prevent a soaring...
by irdadmin | Jul 9, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Perhaps the best contrarian indicator for the directional movement of gold and silver is Dennis “Wrong Way” Gartman, who recently announced that he was dumping all of his gold “positions” (note: Gartman’s “positions” are...
by irdadmin | Apr 19, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals
Below is a must-read essay from a friend and colleague of mine, Chris Marcus, who is a former options trader (Wharton MBA) that now lives in Denver. Many of you may not be aware, but Mark Cuban made his fortune the old fashioned way – he was lucky to be in the...
by irdadmin | Dec 18, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
A guest post by Stewart Dougherty IRD’s Note: In the past year, there has been a noticeably substantial increase in the use of the obscurely defined EFPs (Exchange for Physicals) and PNTs (Privately Negotiated Transactions) in the settlement of Comex gold and...
by irdadmin | Dec 8, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
As students of the gold market know, the paper gold markets in New York and London function as price manipulation mechanisms used by the western Central Banks in their effort to control the price of gold. As the physical demand from the eastern hemisphere pushes the...