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Background Music for Today’s Market Culture and the Risk On Trade – Derivatives Agonistes

jessescrossroadscafe.blogspot.com / By Jesse / April 11, 2013

“Why tell you these things, since you are fully aware of them – or if not of these, then of other equally grave crimes committed by this frightful sub- humanity? Because here we touch on a problem which involves us deeply and forces us all to [...]

The Chess Game of Capital Controls

caseyresearch.com / By Jeff Clark / March 29, 2013 3:48pm GMT

The best indicator of a chess player’s form is his ability to sense the climax of the game.

–Boris Spassky, World Chess Champion, 1969-1972

You’ve likely heard that the German central bank announced it will begin withdrawing part of its [...]

Home-schooling family who fled to U.S. from Germany face deportation: Parents face charges and $9,000 fine for taking kids out school as Obama officials prepare to send them back

dailymail.co.uk / By David Martosko / PUBLISHED: 14:48 EST, 28 March 2013 | UPDATED: 16:58 EST, 28 March 2013

A lawsuit against the Department of Justice will be heard April 23 Federal government based decision on an international law ruling White House petition seeks 100,000 signatures in 30 days Germany fines parents [...]

In The News Today

jsmineset.com / By Jim Sinclair / March 26, 2013, at 6:02 pm

Dear CIGAs,

Remember yesterday’s topic of discussion in the community that Russia was going to freeze German money? That was another example of the totally inaccurate reporting in the gold community.

So far there has not been one correct rendition of what took [...]

The Mindset

zerohedge.com / By Mark J. Grant / 03/26/2013 – 08:58

In all of the tortuous moments that have taken place with the European Union the one thing that has become apparent is a radical change of mindset. In the beginning there was a kind of democratic viewpoint. All nations had a voice and while some [...]

German Central Bank Warns Of “Incendiary” Monetary Policy

zerohedge.com / by Tyler Durden / 03/22/2013 14:12 -0400

“The euro crisis is certainly not over yet,” is how the Bundesbank’s Jens Weidmann begins this intriguingly honest interview, adding that, resolution “will take some time.” Perhaps his most telling statement comes early on when he explains that “believing that everything is okay now simply [...]

German Bankers Generously Offer Cypriots Helping Hand If They Transfer Deposits

zerohedge.com / By Tyler Durden / 03/19/2013 – 13:22

For a mere 0.95% handling fee, the friendly German bankers are offering Cypriot depositors the opportunity to “take fast action and secure their deposits” with a rate between 3.0 and 4.5%. As Sigma Live reports, the German Advisory Bureau is approaching Cypriot firms, denouncing the [...]

Where ‘Channel-Stuffed’ German Cars Go To Die

zerohedge.com / By Tyler Durden / 3/17/2013 21:57

With the collapse of Europe’s auto market, and the channel-stuffing that is rife in every car manufacturer in the world, it is no surprise that at the end of their brief lease periods, European cars (Audi in this case) are being led to this ‘graveyard’ in Germany [...]

German Commerzbank Suggests Wealth Tax In Italy Next

zerohedge.com / By Tyler Durden / 03/17/2013 15:20

It seems the European Union (IMF et al.) have decided that the route to crisis stabilization, just as we outlined here over a year ago and updated here, is through a wealth tax. However, as Handelsblatt reports, the gross distortions of wealth distribution among both core and [...]

Send In The Economists

zerohedge.com / By Clive Hale from View From the Bridge / 03/03/2013 10:21

Send In The Economists

Back in August 2011 I quoted these lines from Sondheim’s “A Little Night Music” apropos the then raising of the debt ceiling in the US which we thought was the height of farce [...]

Austerity’s End Could Bring Additional German Turmoil

BIS

thedailybell.com / By Staff Report / March 1, 2013

The age of austerity is ending … Whisper it softly, but the age of government austerity is ending. It may seem an odd way to say this, what with the U.S. government preparing for indiscriminate budget cuts, a new fiscal crisis apparently brewing in [...]

German Lawyer To Head Vatican Bank

zerohedge.com / By Tyler Durden / 02/15/2013 08:25

A German pope may be vacating the Vatican but a German lawyer is about to head its bank, an institution some say is as important if not more, and whose shady dealing some say may have been the reason for the pope premature departure. [...]

It Begins: Bundesbank To Commence Repatriating Gold From New York Fed

 

zerohedge / By Tyler Durden / 01/14/2013 20:32

In what could be a watershed moment for the price, provenance, and future of physical gold, not to mention the “stability” of the entire monetary regime based on rock solid, undisputed “faith and credit” in paper money, German Handelsblatt reports in an exclusive that the long [...]

IMF’s Lagarde Gets Worried About German Austerity Plans

Wolfgang Schäuble plotting austerity

acting-man.com / By Pater Tenebrarum / December 28, 2012

Schäuble’s ‘Secret’ Austerity Plan

A few days ago German news magazine Der Spiegel reported on a ‘secret’ plan by German finance minister Schäuble to introduce an austerity budget for Germany once next year’s election is out of [...]

The Impenetrably Tiny Bank of England Gold Bullion Vault – A Place So Small, A Single Human Being (With a Camera Crew) Can Barely Squeeze In.

sgtreport.com / By SGT / December 7, 2012

As you know, according to official world gold holding statisticsGermany is second only to the United States in TOTAL physical gold bullion reserves with 3,395 tons.

As you probably also know by now the German court of auditors has demanded that the Bundesbank undertake an audit of [...]

A (Federal Reserve) bank run: German style

goldmoney.com / By Gabriel M. Mueller / November 15, 2012

Call it wishful thinking, but a small part of me thinks that the real reason why German officials are starting to ask tough questions about their gold reserves is because it is losing confidence in our monetary system. (And could you blame them? The [...]

German Calls for Gold Repatriation Intensify As Fed Refuses to Allow Inspection

silverdoctors.com / By The Doc / November 8, 2012

Calls for Germany to repatriate its 1,536 tons of gold reserves held at the NY Fed are intensifying as Der Spiegel reports the Federal Reserve has refused to allow German inspectors to even view the country’s massive gold reserves “in the interest of security and [...]

More fallout from the German official gold storage facility/Santander profit falls 90%/Apple disappoints/Amazon disappoints/Expect a bloodbath tomorrow/

harveyorgan.blogspot.com / By Harvey Organ / October 25, 2012

Dear Ladies and Gentlemen;

Gold closed up today:]by $13.20 to $1712.30 Silver rebounded by 45 cents to $32.05. Today we had very little news from Europe and Asia to spark our attention. Spain’s largest bank Santander announced a drop in profits of 90% due to [...]

James Turk – The Entire German Gold Hoard Is Gone

kingworldnews.com / October 25, 2012

Today James Turk shocked King World News when he stated, “The entire German gold hoard was gone because it had been leased into the marketplace. Meaning, the vaults holding German gold were emptied by 2001 because of the Bundesbank leasing activities.”

Turk added, “Half of the gold [...]

This is what passes for financial journalism at The Telegraph and CNBC

gata.org / By Chris Powell / 2:12a CT Thursday, October 25, 2012

Dear Friend of GATA and Gold:

Appended is another example of the idiot journalism the planet is up against — a rambling and practically unconscious discourse about the German federal auditors office’s call for an inventory of the country’s gold reserves, held [...]

German gold back in the news

goldmoney.com / By The GoldMoney News Desk / 2012-OCT-24

A raft of disappointing US corporate earnings results yesterday led to another bad day for “risk” assets, with stocks and commodities struggling. The Dow had its worst session in more than four months, losing 1.8% to close at 13,102.53. The euro struggled again, falling below [...]

Der Spiegel: Federal Auditors Call For Inventory of German Gold Reserves

caseyresearch.com / By Ed Steer / October 24, 2012

¤ YESTERDAY IN GOLD AND SILVER

The gold price was down about five bucks by the time that London opened at 8:00 a.m. BST yesterday morning…and that’s when the selling pressure got more serious. Most of the damage was done by shortly before lunch in London…and [...]

FLASH: German Gold Report Reveals Secret Sales That Likely Were Part of Swaps

caseyresearch.com / By Ed Steer / October 23, 2012

¤ Yesterday in Gold and Silver

After the obligatory sell-off during the first hour at the Sunday night open in New York, the gold price rebounded once trading began in Tokyo.

After gaining back all the loss from New York, the gold price crawled higher for [...]

What Is the Actual Book Value of Germany’s Gold Reserves

goldcore.com / By Mark O’Byrne / October 23, 2012

Excerpt:

German Federal auditors handed in a report slamming the Bundesbank for not inspecting their foreign held gold reserves to verify their book value.

The report says the gold bars “have never been physically checked by the Bundesbank itself or other independent auditors [...]

More On the German Gold Reserves Controversy

jessescrossroadscafe.blogspot.com / By Jesse / October 22, 2012

“Another amusing incident arose from the fact that the Reichsbank maintained a not inconsiderable gold deposit in the Federal Reserve Bank in New York. Strong was proud to be able to show us the vaults which were situated in the deepest cellar of the [...]

German courts demand gold audit/Looks like another German gold swap/Huge importation of gold into China/gold and silver rebound

harveyorgan.blogspot.com / By Harvey Organ / October 22, 2012

Good evening Ladies and Gentlemen:

The price of gold rose as expected up $2.30 to finish the comex session at $1725.10. Silver also had a stellar day rising 19 cents to $32.23. On Friday, the gold/silver equity shares were advancing despite the drubbing of the [...]

German Court Demands Bundesbank Audit Sovereign Gold Holdings

zerohedge.com / By Tyler Durden / 10/22/2012 11:33

The German court of auditors (Bundesrechnungshof) has demanded that the Bundesbank undertake an audit of its gold reserves. In an ‘audit-the-fed’ style effort, the court wants to ensure that the nearly 3400 tons of gold is in fact in existence – ‘because stocks have never been checked [...]

Man Self-Immolates In Front Of Rome’s Presidential Palace

zerohedge.com / By Tyler Durden / October 18, 2012

Over the weekend it was not some disenchanted and long-suffering Greek, nor Irishman, nor even a Spaniard, but a German who burned and stabbed himself to death in front of the Reichstag in broad daylight. Moments ago, yet another country which has so [...]

Germany’s HFT Ban – Be Careful What You Wish For

acting-man.com / by Keith Weiner / October 4, 2012

The financial press and alternative investing blogosphere is all abuzz about proposed German controls that attack High Frequency Trading (http://www.cnbc.com/id/49174317). Government always justifies its coercive intrusion into markets by appeal to a sense of the “public good”, and its interference never delivers the goodies as [...]

Concerns Mount that ECB Bond-Buying Program Is Illegal; Concerns? What Concerns?

globaleconomicanalysis.blogspot.com / by Mike Shedlock / October 2, 2012

Even though the German constitutional court gave its blessing to ECB president Mario Draghi’s OMT program, Concerns Mount that ECB Bond-Buying Program Is Illegal.

The markets have celebrated Mario Draghi’s announcement that the European Central Bank will embark on unlimited purchases of sovereign bonds [...]