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Household Debt At Record Level – Bigger Than China’s GDP

by irdadmin | Aug 14, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The economy continues to grow weaker despite all of the Fed, Wall St. and media propaganda to the contrary. The economy is growing weaker due to the deteriorating financial condition of the consumer, which is by far the biggest driver of GDP in the United States. The...

Is The Fed On The Verge Of Losing Control?

by irdadmin | Aug 12, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

After hitting an all-time low of 8.84 three weeks ago, the VIX more than doubled at one point this past week, closing up 55% for the week.  The attributed cause, those far from the primary reason, was the childish verbal skirmish between North Korea and Trump.  The...

SNAP Stock Just SNAPPED: Down 29% From Its March IPO

by irdadmin | Aug 10, 2017 | Financial Markets, Market Manipulation, U.S. Economy

SNAP just reported earnings and plunged after hours after missing everything.  It burned through $288 million in cash.  The more it spends, the more it loses.  An operational Ponzi scheme of sorts. The SNAP IPO was led by Morgan Stanley, Goldman Sachs, JP Morgan,...

Why Is The Dow Outperforming The SPX And Naz?

by irdadmin | Aug 8, 2017 | Financial Markets, Gold, Market Manipulation, U.S. Economy

“The combination of central banker-applied brute force (buying everything in sight) and deitylike central banker pronouncements has dampened market volatility and frisky free-lancing, but at the same time it has encouraged risk taking (in market positioning, not...

Western Central Bank Fear Of Gold Is In The Air

by irdadmin | Aug 3, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals

Ballooning open interest, heavy fix selling, aggressive post-settlement selling, flash crashes – this all seems a lot of bother. Perhaps the Other Side is afraid of something. – John Brimelow from his Gold Jottings report Wednesday  evening at 7:06 EST, at one...
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