by irdadmin | May 18, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“If you want to buy gold and silver, why are you buying GLD and SLV? The best case if that you are going to index the price movement in gold and silver. But when you sell GLD they don’t send you bars of gold, you get dollars in your account –...
by irdadmin | May 11, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
Gold is going a lot higher, especially once India – which has been absent from the gold market since the virus crisis started – re-opens its economy . Silver is starting to wake-up and should outperform gold by a substantial margin going forward. Chris...
by irdadmin | May 7, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
“If you own gold, you have money. If you don’t own gold, you have a problem” – (James Turk). To that I’ll add: If you don’t have physical possession of your gold, you do not own gold A significant amount of gold is held as...
by irdadmin | May 4, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The credit facility was put in place in November 2017. It was brought to the public’s attention when Marketwatch picked up on an SEC filing which renewed the credit facility. I don’t know if there’s any correlation per se, but the credit facility...
by irdadmin | May 1, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed’s balance sheet is starting to “Weimar.” Between mid-September 2019 and now, the size of the Fed’s balance has increased by $3 trillion dollars, or 81%. The graph of the Fed’s balance sheet has gone vertical. Gold is as cheap...
