- "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 - 14:37He bases his contention on the indecisiveness of Mitt Romney and the burden of his baggage - mainly Bain - and his unwillingness to discuss those issues,
How many more surprises will our diary hold? July 9,2012
Submitted by Old and Gray on Mon, 07/09/2012 - 11:28http://www.cnbc.com/id/48116148/
- Euro Zone Fragmenting Faster Than EU Can Act
Then and Now - History reviewed 43 years later - One for the young folks.
Submitted by Old and Gray on Sun, 07/08/2012 - 16:23Jimmy Carter delivered this televised speech on July 15, 1979.
Bloomberg reports on National Employment 7-3-12
Submitted by Old and Gray on Fri, 07/06/2012 - 16:53Sorry about the late turn to the Tuesday release addressing the nation's jobs situation.
State of the economy through one news source - Reuters.
Submitted by Old and Gray on Thu, 07/05/2012 - 15:53[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
Jim Sinclair senses gold is on the way up!
Submitted by Old and Gray on Tue, 07/03/2012 - 21:59If 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.
Preliminary Expectations on Jobs Report Due Later this Week
Submitted by Old and Gray on Mon, 07/02/2012 - 08:11The total unemployed stood at 14 million in the past couple of months. 100.000 new jobs will not influence that number.
Due Date for "Living Wills" of Large Banks - July 3rd
Submitted by Old and Gray on Sat, 06/30/2012 - 11:48The 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.
The Supreme Court decides in Favor of the Insurance Industry in the Obamacare Case.
Submitted by Old and Gray on Thu, 06/28/2012 - 15:23Here's another trumped up reason for market downtrend.
Good news! The Stock Markets Don't Know Which Way To Turn!
Submitted by Old and Gray on Thu, 06/28/2012 - 14:47Three 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 - 09:20Though 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.
The markets' drop today. . .
Submitted by Old and Gray on Thu, 06/21/2012 - 19:06Very simple explanation. . The market mavens always manage to get the information first
The EU debt situation WILL be renegotiatied!
Submitted by Old and Gray on Tue, 06/19/2012 - 14:50Reuters released an updated evaluation of the Greece/EU contract by an unnamed EU official today.
Another Take on the Shadow Banking System - from Gov. Daniel Tarullo of the Fed
Submitted by Old and Gray on Sun, 06/17/2012 - 11:42This 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.
Before Jamie Dimon appears before the Congressional Committee...
Submitted by Old and Gray on Wed, 06/13/2012 - 15:16. . . 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.
FDIC Supervisory Insights details Stress Tests for Community banks.
Submitted by Old and Gray on Fri, 06/08/2012 - 13:43Just released is the FDIC Supervisory Insights Summer, 2012 issue with articles detailing the stress test for Community banks.
Gold made a significant move Friday and continues this AM in Hong Kong.
Submitted by Old and Gray on Mon, 06/04/2012 - 05:45From shortly after 8 AM to about 2:30 PM Friday, EDT, spot prices on gold jumped 80 points.
CNBC headlines at 7 PM 6-1-12 following a trying day
Submitted by Old and Gray on Fri, 06/01/2012 - 23:08An example of how minds will react to future market slides
May employment pickup tabbed at 69k by BLS; April revised to 77k from prior report of 115k
Submitted by Old and Gray on Fri, 06/01/2012 - 13:18. . . And, the May figures will probably be revised downward, too.
The Shadow Open Market Committee, U.S.A., 1973 to the present.
Submitted by Old and Gray on Fri, 06/01/2012 - 07:55Arthur 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.
Two views of the Grecian Situation
Submitted by Old and Gray on Wed, 05/30/2012 - 15:54The Grecian fiscal problem is viewed from two points of view in two separate columns recently posted on the VoxEU.org site:
Financial Times has released more information on JPM Chase's dalliances. Updated 5-18-12
Submitted by Old and Gray on Fri, 05/18/2012 - 04:30The following is part of a copy of a Financial Times article posted on the CNBC site.
Financial Times kicked off the "Class Warfare Election" back in December, 2011.
Submitted by Old and Gray on Wed, 05/16/2012 - 20:57The 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 - 14:35Messages #51 and #52 summarized a corrective program for the banks faults in detail.
Here's something that makes any parent's heart skip a beat with pride
Submitted by Old and Gray on Tue, 05/15/2012 - 21:2212 year old Victoria Grant delivers a speech to a Canadian banking convention.
Obama's campaign is underway. The start is this video to be aired this Wednesday.
Submitted by Old and Gray on Tue, 05/15/2012 - 14:00The 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 - 22:54Bloomberg article calls the JPM scandal scary
Early outlook for Monday, May 14th 2012. . . And Beyond,
Submitted by Old and Gray on Mon, 05/14/2012 - 11:41Last 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.
Chairman Bernanke and thoughts on domestic and foreign banks
Submitted by Old and Gray on Fri, 05/11/2012 - 19:46Hedge Fund Managers listen to guru ask if market is dead - CNBC article -

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