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Bitcoin Cash: $ USD
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t is a very strong possibility. There is a lot of mystery surrounding Goldman's high velocity trading. When Goldman's 3Q earnings were announced, I wrote:
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Warning: Mildly rough language contained herein. Don't gripe, you were warned in advance not to read this if you'll be offended! You have to be kidding me.....
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Market analyst Paul Mylchreest, who wrote the 2006 report for Credit Agricole's Cheuvreux brokerage house concluding that the gold market was being manipulated surreptitiously by central banks and, the following year, a similar report for Redburn Pa
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We’ve come a long way baby, in 233 years! The elite are still controlling our money, the corrupt, in and out of government, are still making billion (or is it trillion) dollar deals with the devil and the Congress and the President are trying to str
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We use this opportunity to pore through a goldmine of just unsealed documentation to present some rare glimpses into the Federal Reserve's garbage laden balance sheet.
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A celebrated Goldman Sachs partner, Gus Levy, coined the maxim that long defined the bank, the savviest and most influential firm on Wall Street: “Greedy, but long-term greedy.”
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At the end of last year, I began writing about what I saw happening as the Federal Reserve started assuming the liabilities of the investment banks and the federal government began deficit spending at an unprecedented pace.I’ve been calling these cha
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he U.S. dollar may need to raise capital. The Treasury Department is due on Friday morning to release Treasury International Capital data for August, tracking capital flows across U.S. borders.
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The gist of the report is that there is serious circumstantial evidence that the Federal Reserve has mismanaged the nation's gold supply to the point that for all practical purposes the gold in the Fed vaults does not belong to the Fed.
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The media has largely parroted what the White House and Wall Street were saying. As a Pew Research Center study on the coverage of the crisis found:Economist Thomas Palley says that Wall Street also has a vested interest in covering up how bad things
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Court documents in the Bank of America case alleging the institution withheld information from the government about bonuses awarded to executives at Merrill Lynch before they took them over, state in fact that Federal Reserve Chairman Ben Bernanke an
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Bloomberg News has posted a report which outlines just how corrupted by Wall Street that Obama's Treasury Department has become, populated with people on the taxpayer payroll serving as Geithner's closest "counselors," none of whom were subjected to
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Treasury Secretary Timothy Geithner is "ultimately responsible" for regulators' failure to rein in massive bonus payments at American International Group because he led the agencies that provided AIG's lifelines, according to a bailout watchdog.
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Citibank and Goldman reported this morning and both put up what looked at first blush to be better-than-expected numbers.But both sold off in the premarket. Why? Put more generally, "there ain't no such thing as a free lunch", or TANSTAAFL. The "st
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Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure
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Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in
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It pays to be President Obama's favorite banker. Both Bear Stearns and Washington Mutual were gifted to JPMorgan by the United States government, and the results are showing.
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Last week, Congressmen Alan Grayson and Ron Paul sent a letter to the Senate Banking Committee about the Chairman of the Federal Reserve, Ben Bernanke.
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At that meeting:In a private conversation, I asked Goehl what he thought of Ron Paul's bill to audit the Fed. Without hesitating he said, "I think it's great". Goehl seems to be influenced by William Grieder. He told me they are planning a mass rally
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Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency.
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You should ask Congress to give you the same option for your own transactions. Otherwise, you risk losing everything you've worked for.
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The dollar continues to rattle around at key support. If it breaks then our import-based economy will be decimated. Oil will skyrocket and so will input costs to American business. Bye-bye profits - and businesses.
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The Federal Reserve Bank of New York bought $2.949 billion in Treasurys maturing from 2016 to 2019 on Tuesday,
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I would add that even keeping your cash in a bank exposes you to the counterparty risks of your bank being closed down AND the possible defaulting of the FDIC. The possibility of the latter would have been completely dismissed even a year ago. Anyo
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Currencies that have the lack of support of petroleum, metals, and have a liberal central bank posture toward printing money are currencies that will continue to be punished,” said Peter Kenny, managing director in institutional sales at Knight Equit
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I reproduce here his speech in full as it lays out a series of documents that show that governments, including that of the United States, have at various times attempted to manipulate and control the price of gold, and prevent other countries from bu
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Asked why taxpayers should be forced to foot the bill to bail out banks, brokerages, insurance companies and other institutions that had made bad bets, Mr. Obama responded, “You know, if my neighbor’s house is on fire, even if they were smoking in t
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With everyone lately focused on China's foreign reserve position, analysts have forgotten that America also has an International Reserve account consisting of foreign currency positions, as well as gold reserves and equivalents. And while the total c
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Given the Fed's extremely easy policies, runaway government spending and shortages of many commodities, inflation pressures are building and destined to get muc
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You better spend your money or else we will Inflate it Away
