by irdadmin | May 29, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Given group-think and the determination of policy makers to do ‘whatever it takes’ to prevent the next market ‘crash,’ we think that the low-volatility levitation magic act of stocks and bonds will exist until the disenchanting moment when it does not. And...				
					
			
					
				
															
					
					 by irdadmin | May 26, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
I want to show two quotes from commentators in related areas of financial analysis because they illustrate the difference between truthful commentary and unmitigated idiocy. Yesterday, James “Mc” wrote in Bill Murphy’s nightly “Midas”...				
					
			
					
				
															
					
					 by irdadmin | May 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The S&P 500 and Dow have gone nowhere since March 1st. The SPX had been bumping its head on 2400 until Wednesday. The Dow and the SPX have been levitating on the backs of five tech stocks: AAPL, AMZN, FB, GOOG and MSFT. AAPL alone is responsible for 25% of the...				
					
			
					
				
															
					
					 by irdadmin | May 17, 2017 | Financial Markets, Market Manipulation, U.S. Economy
The by-line on Fox Business this a.m. was that stocks were down because of “DC grid-lock.” Is this some kind of joke? How about stocks are down because they are more overvalued than at anytime in history by every single financial metric except the highly...				
					
			
					
				
															
					
					 by irdadmin | May 14, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
You’ve probably heard/read a lot lately about the VIX index. The VIX index is a measure of the implied volatility of S&P 500 index options. The VIX is popularly known as a market “fear” index. The concept underlying the VIX is that it measures...