Tag Archives: finance

Currency wars for dummies

Currency wars

When it comes to global currency warfare, one can read countless books (all of which professing to be the definitive reference guide for a process that started in the… 1930s), or one can fast forward, save lots of time, skip all the repetitive verbiage and simply observe the following charts which summarize the …

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Facebook friends could change your credit score

Facebook

Choose your Facebook friends wisely; they could help you get approved or rejected for a loan. A handful of tech startups are using social data to determine the risk of lending to people who have a difficult time accessing credit. Traditional lenders rely heavily on credit scores like FICO, which …

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The memo that proves the bankers caused the GFC

Memo GFC

When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn’t believe it. The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal …

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Gold: Comex paper vs. Shanghai physical

Shanghai gold exchange

Chinese gold demand, from both individuals and central banks, garnered increasing attention as the gold price rose consistently in the last twelve years. When the gold price declined, many in the West declared the end of gold, but China (along with many other Asian nations) defiantly continued to buy gold and …

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Jon Corzine will not face criminal charges over MF Global

Jon Corzine

If you are a billionaire former Goldman Sachs CEO, ex-governor, and one of Obama’s biggest donors and steal $1.2 billion directly from the accounts of your customers and cover-up that theft, then you are not a criminal. If you reveal the un-Constitutional spying on all American citizens by the government, you …

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Jon Corzine charged by regulators in connection with MF Global collapse

jon corzine

Regulators on Thursday settled charges against MF Global over the futures brokerage’s collapse, and also charged former Chief Executive Jon Corzine and former Assistant Treasurer Edith O’Brien in connection with the alleged misuse of customer funds. The Commodity Futures Trading Commission said MF Global had agreed to settle all charges …

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Ron Paul: the Federal Reserve has lost control of interest rates

Ron Paul

Today, Campaign for Liberty Chairman Ron Paul issued the following statement in response to the Federal Open Market Committee’s decision to continue its failed bond buying program: “Chairman Bernanke and the government falsely believe they can single-handedly control interest rates. Yes, there can be some manipulation, but markets are much …

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Bank of England director warns: Bond bubble threatens financial system

Andrew Haldane

Bank of England Director: Andrew Haldane A key Bank of England policymaker has warned of the risks to global financial stability when “the biggest bond bubble in history” bursts. In a wide-ranging testimony to MPs, Andy Haldane, Bank of England director of financial stability, admitted the central bank’s new financial policy committee is taking …

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The biggest price-fixing scandal ever

Libor

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this …

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