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JPMorgan Receives No New COMEX Gold Today, Converts Registered Into Eligible
Anyone waiting with bated breath for the moment when cell H25 in the daily Comex gold inventory update (the one showing JPM's total holdings of Eligible gold) shows 0.000 will have to wait at least one...
View ArticleGuest Post: The Good Guys Are Not Coming To Save Us
Authored by Paul Rosenberg and originally published at Free-Man's Perspective,A lot of Americans know that the US government is out of control. Anyone who has cared enough to study the US Constitution...
View Article"If" - Reflections On The Precious Metals
Last week's collapse in precious metals prices reminded Santiago Capital's Brent Johnson of Rudyard Kipling's famous poem 'If' - "If you can keep your head when all those about you are losing theirs."...
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Europe In One Chart
How much is the 'promise' of a European Central Banker worth? As European macro data in the last month has plunged at its fastest rate in 6 years, equity markets have, of course soared back to near...
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JPMorgan Accounts For 99.3% Of The COMEX Gold Sales In The Last Three Months
Submitted by Mark McHugh from Across The StreetJamie Dimon Has IssuesWhen just one firm accounts for 99.3% of the physical gold sales at the COMEX in the last three months it’s not what most of us on...
View ArticleFriday Humor (#2): The Russian 'Jim Cramer'?
As the world looks ominously in the direction of Chechnya, we thought this clip of the far less serious 'artist of the Chechen Republic' may be of interest as well as amusement. Watch as the Russian...
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Market Week Rally Ends Mixed
Earnings reports were mixed overall this week. Some companies have beaten much lowered estimates while others either missed or reported in-line results. Home builder D.R. Horton (DHI) results were...
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"The Illuminati Were Amateurs" - Matt Taibbi Explains How "Everything Is Rigged"
From Matt Taibbi of Rolling Stone, back to his best, most floral of writing styles:Everything Is Rigged: The Biggest Price-Fixing Scandal EverThe Illuminati were amateurs. The second huge financial...
View ArticleItaly's Enrico Letta Announces New Government
Moments ago, Italy's Enrico Letta announced that after several days of negotiations he has enough support to form a government which will see Letta as Prime Minister, while one of Silvio Berlusconi's...
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Guest Post: Physical Gold Vs Paper Gold: Waiting For The Dam To Break
Submitted by Alasdair Macleod, via GoldMoney.com,IntroductionIn this article I will argue that the recent slide in the gold price has generated substantial demand for bullion that will likely bring...
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Jeremy Grantham On The Fall Of Civilizations (And Our Last Best Hope)
In a slight digression from the usual pure market-based discussions of Jeremy Grantham's perspectives, the fund manager addresses what is potentially and even more critical factor for the markets. As...
View ArticleThe Highest Concentration Of Bitcoins In The World Is In... Berlin
Via Michael Krieger of Liberty Blitzkrieg blog,Fascinating article out today from the Guardian about the Kreuzberg area of Berlin, which has the highest density of businesses accepting Bitcoin in the...
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Europe's Fauxterity In Three Simple Charts
Now that the absolutely irrelevant debate over the applicability of the 90% debt/GDP Reinhart and Rogoff hard cutoff for sovereign growth is supposedly over due to an excel mistake of the type that...
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From Bust To Bubble, With No Recovery In Between?
The gaps between markets (credit, equity, and volatility) and economic (macro- and micro-) reality have seldom been larger. What is just as concerning as this yawning chasm is the similarity of a...
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Earnings - Hope Is Fading
We have long commented on the hockey-stick-like expectations of a second-half 2013 resurgence in EPS and revenue growth. This miracle waiting to happen is, sadly, increasingly unlikely. As Goldman...
View ArticleFront-Line Observations From A Seasoned Gold & Silver Bullion Dealer
Submitted by Adam Taggart of Peak Prosperity,Spikes and plunges in the U.S. dollar price of gold; this is not new. It goes back to the early 1970s. We remember that for most of the past 40 years,...
View ArticleLuxembourg Is Not The Next Cyprus, Not Yet, But....
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterThe Grand Duchy of Luxembourg, with a population of just over half a million, smaller even than the other speck in the...
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One Month Later: What Cyprus Thinks In The Aftermath Of Its Bank Sector...
Curious what the Cypriot people think just over a month after the most dramatic European banking sector collapse in years, and subsequent first bank sector bail-in and depositor impairment ever?...
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You're More Likely to Die from Brain-Eating Parasites, Alcoholism, Obesity,...
We noted in 2011:– You are 17,600 times more likely to die from heart disease than from a terrorist attack – You are 12,571 times more likely to die from cancer than from a terrorist attack — You are...
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