by irdadmin | Aug 16, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Despite the highly massaged CPI report last week, inflation remains entrenched and persistent at a historically level. Meanwhile, the economy continues to contract, average household real earnings become more negative and the housing market is in a slow motion...
by irdadmin | Jul 22, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Treasury curve is imploding, which means interest rates have become more negative this week, especially today. The gold/silver action is strictly in the corrupt Comex arena. Also, the action in Treasuries is an ominous warning of a big problem in the financial...
by irdadmin | Jul 15, 2022 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
The MOVE index – which is basically the VIX indicator for the bond market – hit a high earlier this month not seen since the Great Financial Crisis. Similarly, the cost of credit default swaps – which is the cost to buy “insurance” on all...
by irdadmin | Jul 6, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I wrote the following commentary on the precious metals market for Kinesis Money: With all of the factors in place to support a big move higher in the precious metals sector (raging inflation, escalating geopolitical tensions, recessionary economy, etc), the recent...
by irdadmin | Jul 3, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“The Fed is lying about the causes of inflation. When asked about its role in causing inflation, in terms of buying assets, it says “oh no, that’s not the problem – we only create reserves and reserves – you silly rube – do not leak...