| ||||||
   | rollingstone.com / By Matt Taibbi / June 13, 11:35 AM ET I’ll get into this in more detail later (I’m on deadline for a magazine feature), but this story just landed. Given the LIBOR story, the Interest Rate Swap manipulation story, the Euro gas price manipulation story, the U.S. energy price manipulation [...] rollingstone.com / By MATT TAIBBI / June 13, 11:35 AM ET I’ll get into this in more detail later (I’m on deadline for a magazine feature), but this story just landed. Given the LIBOR story, the Interest Rate Swap manipulation story, the Euro gas price manipulation story, the U.S. energy price manipulation [...] zerohedge.com / By Tyler Durden / June 11, 2013, 19:41 -0400 First it was the conspiracy theory that Li(e)bor traders were manipulating the entire rates market which a year ago became conspiracy fact. Then it was commodities with an emphasis on the energy market (but not gold – gold is never, ever manipulated) with even [...] caseyresearch.com / By Chuck Butler / May 29, 2013, 2:50pm Good day. And a Wonderful Wednesday to you! My beloved Cardinals come home and start a home stand after a 6-2 road trip out west. That’s a great trip! This team reminds me of the 2004 team that won 105 games. I know all too [...] brucekrasting.com / By Bruce Krasting / May 21, 2013 In February, when Ben Bernanke gave his report to Congress, he spoke of his concern about “Excessive risk taking”. On May 10 he repeated his warning: very low interest rates, if maintained for a considerable time, could impair financial stability. For example, portfolio [...] zerohedge.com / By Tyler Durden / May 2, 2013, 10:17 -0400 Think frontrunning clients, trading against recommendations, manipulating LIBOR, and slamming gold at the London fixing is all investment bankers do? Wrong. What really happens in banker life is far more exciting and enjoyable (at least for preferred banker clients) as the following story by [...] silverdoctors.com/ By THE DOC / May 1, 2013 As the market awaits this afternoon’s FOMC statement, our friend Pining from TFMetalsReport has produced another work of art, this time depicting The Bernank as Captain of the SS Central Planning. Look alive men! Hoist those stocks! Rig the LIBOR, batten down the metals, lower the interest [...] deviantinvestor.com / April 25th, 2013 The Commitment of Traders data is published every Friday. It lists the reportable positions of the commercial and non-commercial traders for silver contracts on the COMEX. STOP! Yes, I know The data is manipulated. The same people who brought us LIBOR, flash crashes, high frequency trading, and [...] bullionbullscanada.com / by Jeff Nielson / Monday, 22 April 2013 13:45 Conspiracy nut. Looking for a cheap laugh at a social gathering? Simply dig-up some “conspiracy theory” which may have leaked into the view of the masses, point at the “conspiracy nuts” who propound this hypothesis; and then make some derisive remark. “Everyone knows” [...] zerohedge.com / By Tyler Durden / 03/30/2013 – 11:12 With all the recent chatter about an overhaul and dismantling of Too Big To Fail banks (spoiler alert: it will never happen, but it will take a lot of theater before that is made quite clear) many can be excused for believing the [...] The fixing of the gold price in London dates back to September 1919. Photograph: Grant Smith/Alamy guardian.co.uk / By Simon Goodley / March 13, 2013, 19.08 GMT London’s financial sector was last night bracing itself for another official investigation into alleged price-fixing following reports that a US regulator is considering launching an inquiry [...] mfi-miami.com / By Steve Dibert / March 15, 2013 UBS, BofA, and JPMorgan Pocketed $474 Million As Detroit Descended Into Financial Chaos “Even in the worst of times someone turns a profit.” – Ferengi Rule of Acquisition #162 As the downtrodden African-Americans and whites who make up what’s left of the City of Detroit’s 700,000 [...] truthingold.com / By truthing / March 15, 2013 London’s gold and silver markets face the possibility of a probe alongside other benchmarks into price setting, putting a century-old practice under the spotlight after the Libor rigging scandal that exposed widespread interest rate manipulation by banks. The U.S. Commodity F utures Trading Commission has engaged in [...] silvervigilante.com / By SV / March 14, 2013 This dwarfs by orders of magnitude any financial scam in the history of markets. – Andrew Lo, MIT Professor of Finance on Libor Libor and the gold/silver fixing scandals are not separate. Instead, they are both mere parts of a much larger, grimmer global [...] zerohedge.com / By George Washington / 03/14/2013 12:39 There is increasing evidence that the gold market is manipulated. The amount of physical bullion may be greatly over-stated, and gold may be manipulated in the same way that Libor rates are: The Telegraph noted Monday: [Bank of England executive] Paul Tucker told MPs [...] truthingold.com / By truthing / March 14, 2013 London’s financial sector was last night bracing itself for another official investigation into alleged price-fixing following reports that a US regulator is considering launching an inquiry into the City’s gold and silver markets. The Commodity Futures Trading Commission is discussing whether the daily setting of gold and [...] telegraph.co.uk / By Harry Wilson / March 5, 2013 In an internal report on its handling of the scandal, the Financial Services Authority admitted that several warnings about the rigging of borrowing rates had gone unheeded. The FSA conceded it had been slow to respond to intelligence provided by banks and its own staff [...] thejakartapost.com / The Associated Press, Amsterdam | Business | Thu, February 28 2013, 6:43 PM Rabobank NV, the Dutch co-operative bank, says it plans to cut 3,000 jobs in the coming two years as profits fell 20 percent in 2012. Full-year net profit was €2.11 billion, down from €2.63 billion in 2011, mostly because of [...]
kingworldnews.com / February 27, 2013 With wild trading in key global markets, including gold, today Jim Sinclair, who has been actively trading the markets for over half a century, spoke with King World News to let KWN readers globally know what to expect in the gold market going forward. Below is [...] gata.org / By By Kara Scannell and Brooke Masters, Financial Times, London / Wendesday, February 6, 2013 http://www.ft.com/intl/cms/s/0/84132b88-7083-11e2-a2cf-00144feab49a.html A senior yen trader at Royal Bank of Scotland made a revealing observation in mid-2007 about the bank panel that sets the borrowing rate in Japanese yen. “The jpy libor is a cartel now. It’s just [...] brucekrasting.com / By Bruce Krasting / January 28, 2013 It’s been a long time since I was last in Singapore. It was a financial powerhouse then – it’s a monster today. Hong Kong and Tokyo were the big financial hubs back then, but in my experience, the best traders were always in Singapore. Beyond talent, [...] zerohedge.com / By Tyler Durden / January 9, 2013 At the height of the financial crisis in 2008, Deutsche Bank made some extraordinarily large bets. As the WSJ reports, documents uncovered from the Libor rate manipulation investigation show huge outsized bets that would swing EUR68 million on a [...] silvervigilante.com / By SV / January 5, 2013 Harvard has announced that any individual who believes in silver manipulation is mentally ill and suggested to be treated immediately for their conditions under guideliness to be setup via the American Psychiatrist’s Association. This announcement comes on the heels of the late 2012 announcements by the [...] alternet.org / By Laura Gottesdiener / December 27, 2012 Rolling Stone‘s Matt Taibbi has skewered his fair share of financial faux pas and corporate bigwigs throughout 2012. Yet his prize for the Biggest Wall Street Story of the Year goes to the massive—but little understood—Libor scandal. “If it’s true that the 16 biggest banks [...] libertyblitzkrieg.com / By Michael Krieger / December 21, 2012 Good thing everyone is now distracted and divided on the whole gun debate so the banksters can once again get off with a slap on the wrist for financial crimes against humanity. For those that have forgotten what LIBOR is, I wrote about [...] |
| ||||
| Copyright © 2013 Silver For The People – The Blog - All Rights Reserved Powered by WordPress & Atahualpa |
||||||
