by irdadmin | Jun 29, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
After dancing around the $1350 level (August futures basis) the price of gold launched in three stages after the FOMC circus was over on June 19th. The first move enabled gold to break above and hold the $1360 area of resistance that has been referenced ad nauseum for...
by irdadmin | Jun 24, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
Short of a raid orchestrated by the central planners to fasten tighter the cap on gold (which remains a real possibility given the historical record), the yellow metal shouldn’t encounter much price resistance until above $1,500/oz. – Adam Taggart, Peak...
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 7, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Shanghai Gold will change the current gold market with its ‘consumed in the East but priced in the West’ arrangement. When China has the right to speak in the international gold market, the true price of gold will be revealed.” – Xu...
by irdadmin | May 11, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
It’s not “different this time.” The steep, prolonged yield curve inversion reflects the onset of a deep global economic contraction which is now being confirmed by leading indicators such as semiconductor and auto sales. At some point the Fed is...
