Equity Rebound Continues Into Day Two: New All Time Highs Straight Ahead
Day two of the bounce from the biggest market drop in months is here, driven once again by weak carry currencies, with the USDJPY creeping up as high as 104.50 overnight before retracing some of the...
View ArticleConfused By The "Artificial Market"? Deutsche Bank Explains It All
Yesterday, Deutsche's Jim Reid was kind enough to put modern capital markets in their most proper context: "in these artificial markets the percentages are skewed towards the bulls for now." Today, for...
View ArticleFrontrunning: January 16
Charter, Comcast in renewed talks on Time Warner Cable bid (Reuters)Bankers' Stock Awards Jet Higher (WSJ)Yahoo CEO Mayer Dismisses Operating Chief De Castro (BBG)Amazon Employees Vote to Reject Union...
View ArticlePrecious Metals Manipulation Worse Than Libor Scandal, German Regulator Says
Remember when banks were exposed manipulating virtually everything except precious metals, because obviously nobody ever manipulates the price of gold and silver? After all, the biggest "conspiracy...
View ArticleFutures Shake Off Weak Earnings, Levitate Higher: Global Market Summary
Weak results from Intel, American Express and Capital One, not to mention Goldman and Citi? No problem: there's is overnight USDJPY levitation for that, which has pushed S&P futures firmly into the...
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German Gold Manipulation Blowback Escalates: Deutsche Bank Exits Gold Price...
Germany's blowback against gold manipulation is accelerating. Following yesterday's report that Bafin took a hard line against precious metals manipulation, after its president Eike Koenig said...
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Watch Out, "Bull Market Ahead" - Seven Key Gold Charts
Today’s AM fix was USD 1,241.00, EUR 912.63 and GBP 754.68 per ounce.Yesterday’s AM fix was USD 1,237.25, EUR 908.61 and GBP 757.19 per ounce.Gold climbed $1.90 yesterday, closing at $1,240/oz. Silver...
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Sprott: "Manipulation Of Gold By Central Banks Cannot Continue In 2014"
With Deutsche Bank quitting the price-setting panel for gold and Bafin bearing down on the manipulators, Eric Sprott provides some more color on where the manipulation in the precious metals markets is...
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Death to Forex
The Forex market is dead and dying, in parallel with the US economy; which is fitting, considering the US is still the world reserve currency. Significant harbingers that have changed the Forex market...
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The US Is Closed, But Markets Elsewhere Are Open - Full Overnight Summary
On MLK Day, we party like its 1991... in the Shanghai Composite that is. The main Chinese index slid another 14 points overnight to its lowest level since the June near-banking sector collapse...
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Greek Unpaid Electricity Bills Grow By €4 Million Per Day: Over 700,000 Pay...
Judging by the collapsing Greek yields, which at this rate may drop below US bonds soon enough, the Greek economy has never been stronger. Sadly, manipulated bond levels driven by yet another bout of...
View ArticleFrontrunning: January 21
Hilsenrath: Next Cut in Fed Bond Buys Looms - Reduction to $65 Billion Could Be Announced on Jan. 29 (WSJ)China Workforce Slide Robs Xi of Growth Engine (BBG)Obama pulls the race card: Obama Says Race...
View ArticleGuest Post: The $23 Trillion Credit Bubble In China Is Starting To Collapse –...
Submitted by Michael Snyder of The Economic Collapse blog,Did you know that financial institutions all over the world are warning that we could see a "mega default" on a very prominent high-yield...
View ArticleFrontrunning: January 23
Gross Told El-Erian ‘Hell No’ Seeking to Stop Departure (BBG)How Caterpillar got bulldozed in China (Reuters)Davos Bankers Struggle to Convince Elite That Markets Are Safer (BBG)Lucrative Role as...
View ArticleThis Is The Greatest Financial Market And Currency Manipulation Of All Times
Submitted by GoldSilverWorlds.com,In a week that has been marked by astonishing mainstream headlines, BFI Capital’s CEO Frank Suess happened to give an outstanding interview about the outlook for...
View ArticleEmerging Market Rout Continues In Overnight Trading
A slew of favorable overnight news, including a stronger than expected German IFO business climate print, reports that Draghi has signalled he would be prepared for the ECB to buy packages of bank...
View ArticleFrontrunning: January 27
Emerging sell-off hits European shares, lifts yen (Reuters) - but not really if you hit refresh since the latest central bank bailout announcementApple’s Holiday Results to Show Whether Growth Is Back...
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Margin Debt Soars To Record High; Investor Net Worth Now Doubly Negative From...
That margin debt kept rising into the last month of last year is no surprise: after all, with a market that was destined to follow the Fed's balance sheet through thick and thin, there was "no risk" -...
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Man Jumps To His Death From JPMorgan London Headquarters
Early this morning, at JPM's 33 story high London Headquarters located at 25 Bank Street in Canary Wharf, a 39 year-old man jumped to his death after falling onto a 9th floor roof. The police, who were...
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Overheard In A Gold Vault In Singapore: "We Need Additional Capacity",...
Yesterday we covered the supply side of the gold market from the perspective of global mints, which were kind enough to advise that they "can’t meet the demand, even if we work overtime." Today,...
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