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The Coming Run On Banks And Pensions

by irdadmin | Sep 6, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

“There are folks that are saying you know what, I don’t care, I’m going to lock in my retirement now and get out while I can and fight it as a retiree if they go and change the retiree benefits,” he said.  – Executive Director for the Kentucky Association of...

Gold Breakout Signals A Financial Hurricane Coming Onshore

by irdadmin | Sep 1, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

I found it amusing that Mohamed El-Erian wrote an opinion piece for Bloomberg which asserted that gold is not much of a “safe haven these days.”  His thesis was entirely devoid of material facts.  His underlying rationale was that safe haven capital was...

“Stock Market?” What Stock “Market?”

by irdadmin | Aug 29, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

“There are no markets, only interventions” – Chris Powell, Treasurer and Director of GATA To refer to the trading of stocks as a “market” is not only an insult to any dictionary in the world that carries the definition of...

America’s Supernova: The Final Stage Of Collapse

by irdadmin | Aug 18, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

I started observing the slow-motion train-wreck in process in 2001 – a year removed from my perch as a junk bond trader on Wall Street and living several thousand miles away from NYC and DC in the Mile High City, where the view is a lot more clear than from...

The Government’s Retail Sales Report Borders On Fraud

by irdadmin | Aug 15, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

As a quick aside, I got an email today from a colleague, a self-admitted “very small fish,” who told me he was now getting cold calls from Goldman Sachs brokers offering “very interesting structured products.” I told him the last time I heard...
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