by irdadmin | Mar 20, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Deteriorating real economic fundamentals – The most important economic report out last week was retail sales for February, which showed at 0.1% decline from January. This was a surprise to Wall Street’s brain trust, which was expecting a 0.4% gain. Keep in...
by irdadmin | Mar 7, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The consequences of Gold Truth, such as it is but has not yet been revealed, are beyond sobering. If the Gold Truth is that USG, Inc. does not possess and own the gold it has promised the world that it owns and possesses, every last shred of monetary, fiscal,...
by irdadmin | Mar 6, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Should this surprise anyone? An interesting study by a Phd candidate at the University of Chicago is being released which shows a statistically high incidence in taxi trips between the NY Fed and big NY banks clustered around FOMC meetings: Mr. Finer writes that...
by irdadmin | Mar 3, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Dr. Paul Craig Roberts sent me an article by Catherine Austin Fitts and asked if I had read it. The article is titled, “The State of America’s Pension Funds.” The article is worth reading, though I believe Ms. Fitts underestimates significantly the...
by irdadmin | Feb 26, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The pension crisis is inching closer by the day. @CalPERS just voted to increase the amount cities must pay to the agency. Cities point to possible insolvency if payments keep rising but CalPERS is near insolvency itself. It may be reform or bailout soon. –...
