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Currency Manipulation by the United States Is Alive and Well

Currency Manipulation by the United States Is Alive and Well Last month, central bankers and finance leaders from the Group of 7 (G-7) advanced economies met in Sendai to discuss the global economy at large. As expected, the United States cautioned Japan, a US currency watchlist country, to refrain from …

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The Mechanics Of Silver Manipulation – By Former NYMEX Trader

The Mechanics Of Silver Manipulation – By Former NYMEX Trader JPMorgan Chase on Wednesday won the dismissal of three private antitrust lawsuits, including from hedge fund manager Daniel Shak, accusing the largest U.S. bank of rigging a market for silver futures contracts traded on COMEX. The lawsuits accused JPMorgan of …

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CommBank’s blow to investors

Video Image Ian Narev insists the Commonwealth Bank is trying to do more to build the trust of its customers. The Commonwealth Bank has tightened the screws on investment lending yet again. Picture: AFP AUSTRALIAN property investors are set to be hit again as the nation’s largest bank tightens the …

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Somebody Is Messing With The Gold Market

Somebody Is Messing With The Gold Market “Zero Hour” is what I call the moment when the price of real, physical Gold starts to break away from the quoted price on the commodities exchanges. That is, the “physical price” becomes much higher than the “paper price” on CNBC’s ticker. The …

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JPMorgan Reveals It Faces Civil and Criminal Inquiries

JPMorgan Faces Civil and Criminal Inquiries JPMorgan Chase disclosed on Wednesday that it faced a criminal and civil investigation into whether it sold shoddy mortgage securities to investors in the run-up to the financial crisis, the latest legal threat to the nation’s biggest bank. JPMorgan acknowledged for the first time the …

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Why the JPMorgan Bank Criminal Case Matters to You

Why the JPMorgan Bank Criminal Case Matters to You Something very important is going to come out of these new criminal charges just filed against two ex – JPMorgan traders… at least, I hope it does. It’s not about who did what to contribute to the London Whale’s billions in …

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A Leaky Fix – Fixing Scandals Involving Trillion Dollar Markets

A Leaky Fix – Fixing Scandals Involving Trillion Dollar Markets Unfortunately, it seems that news about the fixing of trillion dollar markets has become mundane. First there was the ‘bombshell’ last year that the London Interbank Offered Rate (LIBOR) was being unfairly manipulated, then, there was the announcement that the …

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