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Gold, Silver And The “Shit-Show”

by irdadmin | Sep 30, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

“I’m just gonna say it like it is – that was a shit-show.”  Dana Bash, CNN in reference to the “Presidential” debate.   “The debate was a national mortification – ‘shit-show’ was an understatement”...

Carvana: Financial Fraud Pays Well

by irdadmin | Sep 22, 2020 | Financial Markets, Market Manipulation, U.S. Economy

CVNA’s valuation vs competitors like CarMax (KMX), Autonation (AN) etc is completely irrational. I was a CEO of a subprime company in this space. CVNA’s valuation is a crime of capitalism.” – @beaconstagezero Ernest Garcia II was convicted on...

AMZN’s Free Cash Flow And Profitability Myth

by irdadmin | Aug 3, 2020 | Financial Markets, Market Manipulation, U.S. Economy

Jeff Bezos was a master at GAAP accounting manipulation back when Elon Musk thought that “GAAP” was a clothing store chain. AMZN’s numbers are just as manipulated as Tesla’s. But the difference between Jeff Bezos and Elon Musk is that, whereas...

“We Are In The Golden Age Of Fraud”

by irdadmin | Jul 30, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

“Elon Musk has personified the hopes and dreams of this bull market; Tesla burnishes its results through aggressive accounting; it’s a culture of deception because it is selling self-driving, which doesn’t yet exist.” – Jim Chanos from “We Are In The...

The Historical Stock Bubble, Idiot Stocks And Gold

by irdadmin | Jul 11, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

The Fed has blown the current stock bubble to an unprecedented magnitude. While the most outrageous overvaluations are concentrated in the tech sector, the valuation insanity has engulfed the entire stock market. Bubble chasers ran Hertz, a bankrupt company that will...
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