by irdadmin | Jul 31, 2019 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Regardless of the Fed Funds rate policy decision by the FOMC today, the economy is spinning down the drain. Lower rates won’t help stimulate much economic activity. Maybe it will arouse a little more financial engineering activity on Wall Street and it might...
by irdadmin | Jul 18, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
My friend and colleague, Chris Powell, Treasurer of GATA, wrote a compelling essay on Modern Monetary Theory. MMT has been in operation by the western Central Banks since Bretton Woods. The “QE” program that began in 2008 is the most recent and blatant...
by irdadmin | Jun 21, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
It’s not that we’ll mistake them for the truth. The real danger is that if we hear enough lies, then we no longer recognize the truth at all… – “Chernobyl” episode 1 opening monologue I’ve been discussing the significance of...
by irdadmin | Jun 10, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The price of gold ran higher eight days in a row before today’s interventionist price smack. Technically, whatever that means, the gold price was likely due for a healthy pullback anyway. The price of gold is responding to what appears to be the Fed’s...
by irdadmin | Jun 3, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash” U.S. Treasury Secretary Steven Mnuchin on Thursday led a secret meeting of top U.S. financial regulators on the risks to global markets from the recent surge in corporate...
