by irdadmin | Jul 4, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
It depends on how cynically you want to look at this but I think the most cynical interpretation is the correct interpretation. – IRD on SGT Report The Government is going to “herd” retirement funds into funding U.S. Treasury debt. – SGT...
by irdadmin | Jul 1, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
Note: the current delivery-month for Comex gold is June – I absent-mindely reference July as the current gold delivery month in the podcast below. The trading patterns in gold/silver are starting to reflect the real possibility that the Central Banks are losing...
by irdadmin | Jun 30, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Open Interest in silver is close to the new all time record high – set just last week – and gold’s Open Interest is at the same level as 2011 when gold hit it’s all time high in value. As you know the acquisition cost of gold is about $600 less than in 2011 which...
by irdadmin | Jun 29, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
All morning Fox Business has had a green banner posted that exclaims, “stocks stabilize.” So down 5% in two days followed by a 2.7% bounce in a little more than 1 day of trading is defined as “stabilizing?” How about the fact that the S&P...