by irdadmin | Jun 5, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The propaganda laced with bold lies is enveloping the media. The JOLTS report (Job Openings and Labor Turnover) released today alleges that the number of job openings in April hit a record. Of course, the April number was based on large revisions to previous data. ...
by irdadmin | Jun 3, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The narrative that the economy continues to improve is a myth, if not intentional mendacious propaganda. The economy can’t possibly improve with the average household living from paycheck to paycheck while trying to service hopeless levels of debt. In fact, the...
by irdadmin | Jun 3, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals
The mining stocks are more undervalued relative to the S&P 500 than at any time since 2005: The mining stocks, especially the juniors, are more undervalued relative to the price of gold than at anytime in the last 18 years except late 2000 and December 2015. The...
by irdadmin | May 17, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The dollar is said to be “soaring,” though I take issue with that characterization for now (see the chart below); 10-yr Treasury yields are also rising, though the yield on the 10-yr is only up about 67 basis points if you measure from January 1, 2017. ...
by irdadmin | May 15, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The stock market has gone 74 days without making a new high but that hasn’t stopped the bulls from boasting about how it is up or flat six days in a row. I still say to sell into strength – David Rosenberg, Gluskin-Sheff The narrative that the economy continues...
