by irdadmin | Apr 12, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The recent stock market volatility reflects the beginning of a massive down-side revaluation in stocks. In fact, it will precipitate a shocking revaluation of all assets, especially those like housing in which the price is driven by an unchecked ability to use debt to...
by irdadmin | Apr 7, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
This commentary is emphatically not an endorsement of Trump as President. I have not voted since 1992 because, when the system gives the public a Hobson’s Choice, voting is pointless. An age-old adage states that “people vote with their wallets.” ...
by irdadmin | Apr 4, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
I’ve been writing about the rising consumer debt delinquency and default rates for a few months. The “officially tabulated” mainstream b.s. reports are not picking up the numbers, but the large credit card issuers (like Capital One) and auto debt...
by irdadmin | Apr 3, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Overstock’s attempt to capitalize on “blockchain mania” appears to have fallen flat. The SEC is investigating it ICO fund-raising scheme and a class-action lawsuit has been filed in connection with the deal. OSTK finally announced today that it was...
by irdadmin | Mar 27, 2018 | Financial Markets, Gold, Market Manipulation, U.S. Economy
Trade wars historically have been symptomatic of more profound underlying problems. Primarily economic in nature. Any big war in history can be tied to economic roots. The degree to which the U.S. financial and economic system is self-destructing varies inversely with...