zerohedge.com / by Tyler Durden on 10/22/2014 13:02
Once upon a time, one of the best sell-side analysts in the MBS space was Merrill Lynch’s “Convexity Maven” Harley Bassman: he was so good, in fact, he was quickly soaked up to the buyside, or at least the prop-trading side, when several years ago he [...]
blog.milesfranklin.com / Andrew Hoffman / October 21st, 2014
When we wrote the world is “coming apart at the seams” last week, we weren’t kidding! Watching Western “manipulation mechanisms” blatantly attempt to prevent universal realization that we have arrived at “2008, with one temporary exception,” it could not be clearer how close the end game is [...]
blog.milesfranklin.com / Andrew Hoffman / October 17th, 2014
All I can say is this. Yesterday afternoon’s “Miles Franklin All-Star Silver Panel Webinar” was an unmitigated success. Direct questions regarding silver supply, demand, mining costs, inventories, and trading with David Morgan, Harvey Organ, Steve St. Angelo, and Bill Holter enabled listeners to derive a significantly better [...]
gata.org / By CHRIS POWELL / 2014-10-09 00:32
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy and your secretary/treasurer are quoted tonight in a report by Alex Newman in The New American magazine about Switzerland’s forthcoming referendum on repatriating the country’s gold reserves and converting 20 percent of the country’s foreign exchange reserves [...]
gata.org / by cpowell on 2014-10-08
Dear Friend of GATA and Gold:
Another statistical study has concluded that the bullion banks involved in the London daily gold price fixing long have manipulated the price, apparently front-running their clients’ trades. The new study, published in the September issue of the Journal of Futures Markets —
Cambridge House, Published on Oct 2, 2014
Bill Murphy, Founder Gold Anti Trust Action Committee speaks on the continued manipulation in gold and what he thinks is driving the silver price down.
blog.milesfranklin.com / Miles Franklin, Ltd / October 1st, 2014
Q: How does this new law in Minnesota affect Miles Franklin business?
Does the law mandate any reporting requirements to the state which would
compromise investor confidentiality? Is there a new state tax involved which would increase your cost of doing business, and thus be passed [...]
tfmetalsreport.com / By Turd Ferguson / September 30, 2014 at 1:50 pm
The latest in the saga, though not directly from Andrew Maguire, seems to place the onus back upon William Cohan.
Below is the latest “reply”, just published by GATA and written again by our friend, Ned Naylor-Leyland. In it, Ned asserts [...]
jessescrossroadscafe.blogspot.com / 30 SEPTEMBER 2014
I have included the warehouse action from yesterday in both gold and silver so we can see how things stand at the end of the month, heading into October.
Gold is flowing from West to East. The trading action in bullion is already there.
The Comex is a quaint [...]
gata.org / By Ned Naylor-Leyland / September 30, 2014
Last week I wrote about financial journalist William Cohan’s unpublished article about silver market manipulation and a regulatory cover-up. This week Cohan has claimed that lawyers for London metals trader and market-rigging whistleblower Andrew Maguire were stopping him from publishing his article.
Cohan is demanding that [...]
gata.org / By Martin Arnold, Financial Times, London / September 29, 2014
Lloyds Banking Group said it had dismissed eight people and recouped L3 million in bonuses after finding they had attempted to manipulate benchmark interest rates, as the long-running probe into rate-rigging continues to claim scalps.
The bank was criticised for “highly reprehensible” behaviour [...]
gata.org / By Caroline Binham / 2014-09-26 12:28
By Caroline Binham Financial Times, London Friday, September 26, 2014
LONDON — Six banks have entered settlement discussions with the UK’s main markets regulator over the alleged manipulation of foreign exchange in what could amount to record fines.
Each of the [...]
zerohedge.com / by Tyler Durden on 09/24/2014 16:35
The last couple of hours of today’s US session were quite surreal for many cross-asset-class traders. As the following chart shows, the “need” for the S&P 500 to achieve 2,000 (and green post-FOMC) was evident in a 3-step process of manipulating VIX, USDJPY, and Gold. [...]
gata.org / by cpowell / 2014-09-24
Dear Friend of GATA and Gold:
Interviewed this week by Dunagin Kaiser for the Reluctant Preppers Internet site, GATA Chairman Bill Murphy emphasizes that the financial news media in the United States are controlled so that they avoid reporting about market manipulation. The interview is [...]
armstrongeconomics.com / by Martin Armstrong / September 23, 2014
QUESTION: Mr. Armstrong, how do you explain away even the big corporations involved in manipulating markets like the Sumitomo copper manipulation that the company admitted an almost $2 billion loss claiming a rogue trader?
ANSWER: Let me make one point clear. [...]
srsroccoreport.com / September 22, 2014
While it’s true that the entire financial system is rigged today, some markets are manipulated more than others. This is certainly true for the precious metals… particularly SILVER. This metal is the whipping boy of the Fed and Cartel Bullion Banks. Most would believe it’s impossible to [...]
blog.milesfranklin.com / Andrew Hoffman / September 22nd, 2014
In recent years, the vast majority of Western denizens have been so worn down by economic failure and so dumbed down by socialism the will to reason has been irreparably damaged. Sadly, even the impetus to try has been disabled; subsequently, fostering a “bread and [...]
zerohedge.com / by Tyler Durden on 09/16/2014 22:32
The good news is that the rigging of the FX markets – now conspiracy fact, not conspiracy theory – has, according to Bloomberg, forced the world’s biggest banks to overhaul how they trade currencies to regain the trust of customers and preempt regulators’ efforts to force changes [...]