by irdadmin | Sep 6, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
There’s an egregious misperception that QE is merely an “asset swap” with banks that simply creates reserves – that the Fed is not printing money with its QE operations. This view is seeded in ignorance about the monetary system as operated by...
by irdadmin | Jun 7, 2021 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Let me translate – We at The Fed have to pretend that we might one day stop QE, but we know in truth that that we can’t. The last time we tried tapping our foot lightly on the brake we blew up the markets. We are trapped. We know it. You know it. But we need to...
by irdadmin | Mar 8, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion — policemen, customs guards, penal courts, prisons, in some countries even executioners — had to be put into...
by irdadmin | Feb 28, 2021 | Gold, Market Manipulation, Precious Metals
To paraphrase JP Morgan’s (the man) 1912 testimony to Congress: “Gold is money, everything else is credit.” JP Morgan, 1912 The question you’ll need to answer for yourself is “what alternatives are there for big investments right...
by irdadmin | Feb 5, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
“I really did not want the Reddit crowd to get involved in the precious metals like this because I knew there was a risk that it would be short-lived. Silver now [as of Tuesday morning] is down more than it was up yesterday…unfortunately my cynical side is...