Goldman And JPMorgan Probed Over Metals Warehouse Manipulations
Following our initial uncovering of the manipulation and monopolization of the metals warehousing business two years ago, the last few days have seen the public's attention grabbed by the reality of...
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Have Rich Parents? Here Is How Much You Will Inherit
Parents old and rich? Eying that new Veyron as the stock market lifts your family wealth to all-time heights? Don't get carried away quite yet! As estates rise in size, most families give a greater...
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Detroit's Fallout: Muni Illiquidity And Full-Faith-And-Credit Failure
Municipal finance is in sharp focus after Detroit filed the largest municipal bankruptcy in history. Detroit’s filing is arguably an isolated case and its fiscal problems are not indicative of the...
View ArticleGuest Post: A Tight Tax Leash Constrains Americans
A Tight Tax Leash Constrains Americans By Nick Giambruno, Editor, International ManMany readers are already well aware that the US government is essentially unique - and not in a good way—in how it...
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What Gold Nationalization Really Means
Submitted by Simon Black via Sovereign Man blog,Gold owners are almost universally familiar with the story of Franklin Roosevelt criminalizing the ownership of gold back in 1933.Executive Order 6102...
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Seth Klarman Is "Very Worried About The Future" In A World That Is Living On...
"One day a physicist, a biologist, and an economist were sitting at a café across from an apparently empty building. They watch two people enter and then, later, three leave. The physicist says,...
View ArticleHalliburton Admits It Destroyed Gulf Spill Evidence, Pays 0.0007% of Revenue...
With regard to the disastrous Macondo oil well rupture that ended in 11 deaths and triggered the largest US offshore oil spill of all time (and uncountable ongoing ecological impacts), Halliburton has...
View ArticleHow Deep Is The Real Economic Problem In China?
Via Bill Blain of Mint Partners,“You can’t convince a deaf man by talking…”Is China about to become the big “No-See-Um” moment of 2013?This morning’s news that the China leadership has launched a...
View ArticleMarc Faber: "It's Gonna End One Day... Through War Or Financial Collapse"
Given more than his normal 30-second soundbite on mainstream media, Marc Faber is able to discuss in considerably more detail his views on the massive growth in global financialization (when compared...
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Guest Post: "Housing" - Is It Really Recovering?
Submitted by Lance Roberts of Street Talk Live blog,There has been much hoped placed on the "housing recovery story" over the last couple of years as it relates to the economy. With each passing month...
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The Visual History Of State Credit Ratings In The 21st Century
When Standard & Poors is not engaged in "Puffery" (a defense which admits "our entire business model is worthless") it pretends to analyze credits and assign ratings, usually with both humorous and...
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Nuclear Power Is Being Abandoned Worldwide
As we noted in May, the American “Nuclear Renaissance” is over, “the change in nuclear’s fortunes is staggering”, and a horrible “cauldron of events” has [brought] the nuclear push to a...
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No One Buys Retail Anymore
When is the last time you got a stock tip from a cab driver or chatty not-in-the-business neighbor? It’s probably been the better part of a decade, if not longer. Yes, that’s probably the most...
View ArticleIt Is Happening Again: 18 Similarities Between The Last Financial Crisis And...
Submitted by Michael Snyder of The Economic Collapse blog,If our leaders could have recognized the signs ahead of time, do you think that they could have prevented the financial crisis of 2008? That...
View ArticleThe Pitfalls Of Politburo Planning: Pollution Produces Cancer
While the choking pollution in China, that we have discussed time and again - most recently here and here, has previously been linked with health concerns, academic studies released this week have now...
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Visualizing The 'Real' Economy Vs The 'Financial' Economy
It's been an odd earnings season so far. Talking heads are replete with examples of ad hoc names that have exceeded beaten-down earnings expectations choosing to ignore the belwether names that have...
View ArticleUS Government Will Go Bankrupt
Follow ZeroHedge in Real-Time on FinancialJuiceThis fall, the US government might go the very same way as Detroit and end up filing for chapter-11 help. In other words, it will end up asking itself to...
View ArticleGuest Post: How The Establishment Will Attempt To Bring Down The Liberty...
Submitted by Brandon Smith via Alt-Market blog,How does one destroy an idea? Further, how does one destroy the truth? Corrupt governments have been struggling with this dilemma since men wore...
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Hugh Hendry: "The Storm That Caused Chaos In Markets Will Not Dissipate...
From Hugh Hendry's Eclectica Fund's June Letter,Fears of monetary tightening by the US Federal Reserve continued to push rates higher. The yield on the US 10-year Treasury bond rose from a low of 1.62%...
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The Royal Road To Riches
The week witnessed a wonderful juxtaposition: the indictment for insider trading of one of the most successful ever hedge funds, SAC Capital, while retail investors returned to stock markets in droves...
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