by irdadmin | Mar 31, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
I truly thought I had seen all that was possible in the creation of paper gold when the Comex rolled out its “pledged gold” category which enabled technically insolvent banks like HSBC and JP Morgan – the only two Comex banks to have taken advantage...
by irdadmin | Mar 30, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I found it amusing that Zerohedge tried to take credit for reporting the problem of a physical gold shortage on the LBMA and Comex earlier last week. Several of we “gold bugs” have been discussing and reporting on this issue since before the virus crisis...
by irdadmin | Feb 5, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
To say the current stock market is in a bubble is an insult to the word “bubble.” Tesla experienced an insanely idiotic stock price move after reporting “shock and awe” headline numbers for revenue and EPS which “beat” estimates...
by irdadmin | Jan 17, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The chart above shows the ratio of GDXJ/GDX. Although I don’t consider GDXJ to be a junior ETF per se, the GDXJ index does contain smaller cap, later-stage juniors and smaller cap producers. In that sense, it offers slightly higher risk/returns than GDX. That...
by irdadmin | Jan 10, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The soaring paper gold open interest on the Comex is just one indication of a shortages developing in the physical gold bullion market. It’s no coincidence that just prior and accompanying the sell-off in gold this week that Exchange for “Physical”...
