by irdadmin | Jan 30, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The mis-pricing of money and credit has also driven a terrible misallocation of capital and kept unproductive zombie debtors alive for too long. Saxo Bank, “Beware The Global Policy Panic” “Mis-pricing of money and credit” refers to the ability...
by irdadmin | Jan 26, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
First it was the loudly broadcast convening of the Working Group on Financial Markets – aka “the Plunge Protection Team” – by the PPT’s el Jefe, Steven Mnuchin. This was followed the “mouse that roared” speech from Fed head,...
by irdadmin | Feb 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is “high powered” money, meaning it can be leveraged...
by irdadmin | Jan 5, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“This time it’s different.” That quote is from Sir John Templeton, a legendary investor who is considered the father of the modern mutual fund industry. For most of the month of December, I’ve been hearing ads from mortgage brokers who are...