by irdadmin | Nov 10, 2020 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The advance estimate of Q3 GDP was released on Thursday, October 29th. The headline number was 33.1% (annualized rate) vs 31% expected and negative 31.4% for Q2. This was John Williams’ (Shadowstats.com) comment on the headline number: “ShadowStats...
by irdadmin | Nov 2, 2020 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
For me it doesn’t not matter who wins the election. The person in the Oval Office is not in control of the monetary policies that form the fundamental basis for owning physical gold and silver. Regardless of which party sits in the Oval Office and Congress, the...
by irdadmin | Jun 17, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
This market reminds me of the late 1999/early 2000 tech bubble. But back then it was primarily the Nasdaq that bubbled up. This time around the absurd dislocation between value and reality is more comprehensive. It’s not just tech stocks but also non-tech...
by irdadmin | Mar 20, 2020 | Financial Markets, Market Manipulation, U.S. Economy
The “60/40 risk parity” hedge fund strategy has been decimated in the market sell-off. The strategy was supposed to generate consistent returns while minimizing risk. So why not apply hedge fund leverage to the trade and enjoy multiples of...
by irdadmin | Mar 12, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Make no mistake, the financial system is collapsing under one giant margin call being issued to banks and hedge funds. How big? No one knows. The Fed obviously was preparing for something when it commenced its money printing in September. But it had no idea of the...
