by irdadmin | Mar 31, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
I truly thought I had seen all that was possible in the creation of paper gold when the Comex rolled out its “pledged gold” category which enabled technically insolvent banks like HSBC and JP Morgan – the only two Comex banks to have taken advantage...
by irdadmin | Mar 4, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
A few of my subscribers asked me recently about the lethargic action in the miners lately given that the price of gold has started moving higher again. But it helps to step back and look at a longer time-frame. For the last 52 seeks, the HUI has significantly...
by irdadmin | Feb 29, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The coronavirus crisis is perhaps the real “Black Swan” that no one saw coming. While the virus pulled the trigger on the loaded weapon aimed at the stock market, it’s not the cause of the 2nd fastest 10% decline in the history of stock market. ...
by irdadmin | Feb 22, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
And it’s not just gold. The Fed is already hinting that more money printing is coming. Powell suggested at his semi-annual Congressional testimony that QE would be used in the next recession. A couple other Fed officials this week confirmed that the FOMC is...
by irdadmin | Feb 20, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Q: “Why is the Fed reluctant to let the boom-bust nature of markets play out?” A: “Because it what’s they’ve always done [since the Fed was founded in 1913]…Once you’re in power, you’re going to do what you can to defend...
