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Illinois On The Brink? The Whole Country Is On The Brink

by irdadmin | Jul 11, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The biggest problem facing Illinois is the public pension fund problem. I don’t care what the “official” number is for the degree to which it is underfunded. I can guarantee that even without marking-to-real-market the illiquid investments like...

Wall Street’s Next Ticking Time Bomb: Pensions

by irdadmin | Sep 21, 2016 | Financial Markets, Market Manipulation, U.S. Economy

Make no mistake, the criminality and fraud of most, if not all, DC politicians that is being exposed now is also occurring in corporate America and at pension funds, especially with regard to fraudulent financial reporting. As an example, Exxon is now being...

Bullion Banks Are Starting To Lose Control Of Silver

by irdadmin | Jun 30, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

The Open Interest in silver is close to the new all time record high – set just last week – and gold’s Open Interest is at the same level as 2011 when gold hit it’s all time high in value. As you know the acquisition cost of gold is about $600 less than in 2011 which...

The U.S. Economy Is Collapsing And The S&P 500 Is Flat?

by irdadmin | Jun 1, 2016 | Financial Markets, Gold, Market Manipulation, U.S. Economy

That [the unchecked market intervention by the Fed] will never change, Bill. Here’s what will happen:  99.5% of the public will NEVER believe that gold is the solution and they don’t even care if it’s manipulated. But when the point in time occurs...

Housing: “Business Is Slowing Down – Quickly”

by irdadmin | Feb 3, 2016 | Financial Markets, Housing Market, U.S. Economy

There has been no improvement in underlying consumer liquidity conditions. Correspondingly, with no fundamental growth in liquidity to fuel increasing consumer activity, there is no basis for a current or imminent recovery in the housing market. – John Williams,...
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