- "JPM Eligible Gold Drops To Fresh Record Low Following Withdrawal Of 28% Of Holdings" - The run on physical continues
- Short comment on Interest rates and such. . . Prompted by Paul Krugman. .
- "Everything Is Rigged: The Biggest Price-Fixing Scandal Ever" - Matt Taibbi - Rolling Stone
- The Secret World of Gold
- "Comex Gold Inventories Collapse By Largest Amount Ever On Record" - Nick Laird
A Maryland University Professor declares the election already decided - Given the evidence to date, it should be!Submitted by Old and Gray on Mon, 07/09/2012 - 14:37
He bases his contention on the indecisiveness of Mitt Romney and the burden of his baggage - mainly Bain - and his unwillingness to discuss those issues,
- Euro Zone Fragmenting Faster Than EU Can Act
Jimmy Carter delivered this televised speech on July 15, 1979.
Sorry about the late turn to the Tuesday release addressing the nation's jobs situation.
[All Reuters articles below are indications of why markets are moving higher and why we should feel confident about the handling of our economy. From Reuters this morning. . .]
- Americans squeezed by higher rents, tight credit
If you click on the "Primary News Feeds at the top and then select The Rig is Up just a few lines down the page at this writing, you're led to Jim Sinclair's site.
The total unemployed stood at 14 million in the past couple of months. 100.000 new jobs will not influence that number.
The first round of resolution plans for the top banks, those with assets at $250 billion and up are due July 3rd, 2012 according to the June 29th joint announcement by the Fed and the FDIC.
Here's another trumped up reason for market downtrend.
Three headlines on CNBC's The Street site t ell the story.
Despite Merkel's adamancy,There's a glimmer of hope from one sector - a small sampling of US Corporate CFOs.Submitted by Old and Gray on Wed, 06/27/2012 - 09:20
Though she appears to be in the minority in the meeting of financial leaders of the four largest European nations, she vows not to abandon her objections to the issuance of "eurobonds" while she draws breath.
Very simple explanation. . The market mavens always manage to get the information first
Reuters released an updated evaluation of the Greece/EU contract by an unnamed EU official today.
This past week, June 12th, Federal Reserve Governor Tarullo spoke to a gathering hosted by the Federal Reserve Bank of San Francisco, the Conference on Challenges in Global Finance.
. . . this extended comment is offered on an April 9th speech by Bernanke and how JPMChase has made a mockery of the Fed's claims for enhanced supervision.
Just released is the FDIC Supervisory Insights Summer, 2012 issue with articles detailing the stress test for Community banks.
From shortly after 8 AM to about 2:30 PM Friday, EDT, spot prices on gold jumped 80 points.
An example of how minds will react to future market slides
. . . And, the May figures will probably be revised downward, too.
Arthur Burns, the central character in the 29th installment of the Central Banks series here in the O&G Corner (with mentions in other places), encouraged Nixon to adopt wage-price guidelines in the early seventies when inflation was at a 4.4% level.
Big Mac – ronomics
The Grecian fiscal problem is viewed from two points of view in two separate columns recently posted on the VoxEU.org site:
The following is part of a copy of a Financial Times article posted on the CNBC site.
The Financial Times ran coverage December 9, 2011 of Obama's visit to Osawatomie, Kansas in which he invoked the spirit of Teddy Roosevelt
Deja vu - the tsunami thread reached few of the intended people first time around and now it's being re-written by others.Submitted by Old and Gray on Wed, 05/16/2012 - 14:35
Messages #51 and #52 summarized a corrective program for the banks faults in detail.
12 year old Victoria Grant delivers a speech to a Canadian banking convention.
The preview of a two minute Obama campaign video ad planned to run this Wednesday at prime time is at this location.
I'm Mad, damn it! An open editorial concerning JPM and it's corrupt, failed leadership which does not tend to ethics..Submitted by Old and Gray on Mon, 05/14/2012 - 22:54
Bloomberg article calls the JPM scandal scary
Last night, select Asian markets had an indication of a fractional downturn, but in general markets were green. This morning, red is the color of choice.
Hedge Fund Managers listen to guru ask if market is dead - CNBC article -