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...
by irdadmin | Oct 24, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Elijah Johnson invited me onto the Silver Doctor’s precious metals podcast to discuss why mining stocks are historically cheap and why an expected crash in the stock market will be accompanied by a soaring precious metals sector. We also discuss why Trump is...
by irdadmin | Oct 17, 2018 | Financial Markets, Market Manipulation, U.S. Economy
A colleague/friend asked today how I thought the “FANG saga” would end. I replied that I don’t know about GOOG and FB, but AMZN is maybe worth $50/share as it burns cash every quarter despite manufacturing GAAP “net income” so it’s...
