by irdadmin | May 4, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The credit facility was put in place in November 2017. It was brought to the public’s attention when Marketwatch picked up on an SEC filing which renewed the credit facility. I don’t know if there’s any correlation per se, but the credit facility...
by irdadmin | May 1, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed’s balance sheet is starting to “Weimar.” Between mid-September 2019 and now, the size of the Fed’s balance has increased by $3 trillion dollars, or 81%. The graph of the Fed’s balance sheet has gone vertical. Gold is as cheap...
by irdadmin | Apr 30, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry. It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be...
by irdadmin | Apr 25, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry. It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be...
by irdadmin | Apr 19, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
As uncovered by Ronan Manly in a must read article, at least 50% of the “eligible” gold reported in Comex vaults actually will never be made available for delivery. On Friday the Comex vault report showed 14 million ozs in the “eligible”...
