by irdadmin | Apr 17, 2019 | Financial Markets, Market Manipulation, U.S. Economy
The current stock market is the most dangerous stock market I have seen in my 34+ year career as a financial markets professional. This includes 1987, 1999-2000 and 2007-2008. The run-up in stocks has been largely a product of momentum-chasing hedge fund algos on...
by irdadmin | Apr 12, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Gold and silver are historically undervalued relative to the stock and bond markets. The junior mining stocks overall are at their most undervalued relative to the price of gold since 2001. Gold’s relative performance during the quarter, when the stock market...
by irdadmin | Jan 9, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, U.S. Economy
The stock market has gone “Roman Candle” since Fed Chairman, Jerome Powell, gave a speech that was interpreted as a precursor to the Fed softening its stance on monetary policy. Not that intermittent quarter-point Fed Funds rate nudges higher or a barely...
by irdadmin | Dec 27, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, U.S. Economy
“Commentators keep asking why the Fed can’t raise rates if the economy is so strong? They still don’t realize that the economy was never strong. They confuse a bubble for strength. Without 0% rates and QE the bubble can’t survive. But a return...
by irdadmin | Oct 30, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I think we can all agree, it was an interesting week last week in the stock market, to say the least. For the week, the Dow was down 2.9%, the SPX was down 3.9% and the Nasdaq was down 3.8%. All three indices closed below their 200 dma. It can be argued that, on a...
