by irdadmin | May 25, 2017 | Financial Markets, Market Manipulation, U.S. Economy
Best Buy reported its earnings this morning for its Q1. Revenues were up year over year for the quarter (qtr/qtr) by a scorching $85 million, or 1%. But this came at the expense of price competition, as its gross profit declined 5.7%. Operating income plunged...
by irdadmin | May 12, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Global demand for silver declined from 2015 to 2016 by 123 million ozs per numbers from the Silver Institute presented in an article on The Daily Coin yesterday. In fact, for the demand categories primarily driven by the consumer, demand plummeted 125 million ozs,...
by irdadmin | Apr 18, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Key Economic Data Continues To Show A Recession The stock market assumed a decidedly bearish tone last week, in the face of apparent domestic political instability, increasing geopolitical tensions and, most important, a continued flow of hard economic data reflecting...
by irdadmin | Mar 29, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Several “black swans” are looming which could inflict a financial nuclear accident on the U.S. markets and financial system. I say “black swans” in quotes because a limited audience is aware of these issues – potentially catastrophic...
by irdadmin | Feb 28, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Americans are filing for bankruptcy at the fastest rate in several years. In January 2017, 55,421 individuals filed bankruptcy. That’s a 5.4% increase over January 2016. In December 2016, 4.5% more individual bankruptcies were filed than in December 2015....