by irdadmin | Feb 2, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“The Fed knows it can’t risk cuting rates right now [despite obvious signs of a very weak economy] or he risks the dollar falling off a cliff.” The FOMC meeting and Policy Statement release is a big event in the financial markets. Every word in that...
by irdadmin | Jan 30, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The commentary below is from the January 12th issue of the Mining Stock Journal. You can learn more about this mining stock newsletter here: MSJ Information The stock market bubbled back up in 2023 because the Fed, despite a gradual reduction in its balance sheet, has...
by irdadmin | Jan 16, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy, Uncategorized
I find it quite amusing that the market believes inflation is tied to rates – the propagandists at the Fed did their job there. Distract while creating bank reserves (print money) out of plain sight. The Monetary Base is up over 7% since March. M2 is also a bit...
by irdadmin | Dec 12, 2023 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Most sectors of the economy are already in a recession and the Fed has already started to ease monetary policy. But when will the Fed cut rates? I think it will take the onset of a banking system crisis or a steep decline in the stock market, or both, before the Fed...
by irdadmin | Dec 7, 2023 | Gold, Precious Metals
Most people do not understand that the Fed supposedly is the “safekeeper” of the gold allegedly owned by the U.S. Treasury Department Taxpayers. But in all likelihood most if not all of that gold has been hypothecated, leased or sold outright in the...
