by irdadmin | Jun 12, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.” The quote above is from Ben Graham, considered to be the father of value investing. Graham followed the crowd in 1929 and lost a small fortune for...
by irdadmin | Jun 9, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
All propaganda is lies, even when one is telling the truth. – George Orwell A reader commented that the number of corporate lay-offs in America is escalating, yet the unemployment rate seems to keep going lower. Part of the reason for this is that the 2008...
by irdadmin | Jun 7, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Just like the Dutch Tulip Bulb bubble, internet stock bubble, and the mid-2000’s financial asset bubble, the current stock market is no longer a price-discovery mechanism. It has deteriorated into a venue in which Central Bank-manufctured liquidity –...
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 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...