by irdadmin | Jun 10, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Inflation is something that happens to balloons. In this context it is an increase in the combined quantity of money, currency, and credit, which will tend to increase prices all else being equal. – Alasdair Macleod, Inflation Defined NOTE: The commentary below...
by irdadmin | Dec 27, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The chart above is the HUI to SPX ratio (GDX was not around until 2006) vs the price of gold on a weekly basis going back to mid-2000. It shows that the mining stocks are extraordinarily undervalued relative to the S&P 500 and gold. If reversion to the mean kicks...
by irdadmin | Mar 3, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
“The monetary authorities running the paper-money schemes of the present are anxious to forestall significant rises in the paper price of gold, because such rises would diminish confidence in the lasting value of the paper money in use today.” – Hugo...
by irdadmin | Sep 20, 2017 | Financial Markets, Market Manipulation, U.S. Economy
To begin with, how exactly does one define “normalize” in reference to the Fed’s balance sheet? The Fed predictably held off raising rates again today. However, it said that beginning in October it would no longer re-invest proceeds from its...
by irdadmin | Jan 19, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
JBGJ regards Indians buying less gold as cash crunch bites primarily as evidence that FOBs (Friends of Bloomberg) are not in gold. If India’s domestic gold market was as weak as presented there would be a significant discount to the world price…In reality the...
