Frontrunning: January 30
Euro-Region Debt Sales Top $29B This Week (Bloomberg) Greek Fury at Plan for EU Budget Control (FT) Greek "football players too poor to play", leagues running out of money, may file for bankruptcy...
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Ft.com Bank of America is shaking up the leadership of its investment bank as it looks to find its footing in a difficult market environment, says Reuters, citing a memo sent to employees on Sunday by...
View ArticleFrontrunning: March 15
Obama, Cameron discussed tapping oil reserves (Reuters) Greek Bonds Signal $2.6 Billion Payout on Credit-Default Swaps (Bloomberg) China leader's ouster roils succession plans (Reuters) China’s...
View ArticleFrontrunning: March 19
There is no Spanish siesta for the eurozone (FT) Greece over halfway to recovery, says PM (FT) - inspired comedy... Sarkozy Trims Gap With Rival, Polls Show (WSJ) - Diebold speaks again IMF’s Zhu Sees...
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By www.thetrader.se Thetrader.seCentral banks and their holdings of gold have been widely discussed. Below is an article exploring the subject in depth. From Voxeu. The patterns of gold holding...
View Article"Pied Piper Always Gets Paid And Hamelin Still Rests On German Soil"
Via Mark J. Grant, author of Out Of The Box, Hamelin Still Resides In Germany “Never believe anything in politics until it has been officially denied.”...
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Chris Martenson: "We Are About To Have Another 2008-Style Crisis"
Submitted by Chris Martenson Get Ready: We’re About To Have Another 2008-Style Crisis Well, my hat is off to the global central planners for averting the next stage of the unfolding financial crisis...
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3+3=2 As Big US Banks Amass Trillions of Dollars Of Risk With Only $50 Of...
The day before yesterday I posted Who Will Be The Next JPM? Simply Review The BoomBustBlog Archives For The Answer. It was actually a very, very instructional post for although I run a subscription...
View ArticleThe Con Game Of Writing Up Assets
Wolf Richter www.testosteronepit.com Normally we see the gory details only after a firm collapses, like Enron or Lehman, when vultures tear open its guts to fight over shriveled assets that had...
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September And November Best Months To Own Gold
From GoldCore September And November Best Months To Own Gold Today’s AM fix was USD 1,691.50, EUR 1,342.25, and GBP 1,067.44 per ounce. Yesterday’s AM fix was USD 1,686.00, EUR 1,341.72 and GBP...
View ArticleFrontrunning: November 16
Israel Mobilizes Troops as Hostilities Escalate (WSJ)FHA Sets Stage for Taxpayer Subsidy With 2012 Deficit (Bloomberg)On eve of fiscal cliff talks, positions harden (Reuters)Japan PM Noda contradicts...
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A Potentially Nasty Snapshot Of Risk Resulting In Another Trillion Of...
While perusing the news today, I came across this most interesting article in Bloomberg, Swaps ‘Armageddon’ Lingers as New Rules Concentrate Risk'. Before we delve into it, I want to review how...
View ArticleGuest Post: We've Dug A Pretty Damn Big Hole For Ourselves
Submitted by James H. Kunstler via Peak Prosperity,The diminishing returns of technology are insidious, and they are ever with us. By this I mean the slow erosion of the quality of life, despite the...
View ArticleAll The Overnight Action Ahead Of Today's Nonfarm Payroll (Non) Typhoon
While today's big event is the October Non-farm payrolls print, which with consensus having at 120K and unemployment rising from 7.2% to 7.3%, will be more of a drizzle than a typhoon, there was a...
View ArticleFrontrunning: December 2
America’s Role as Consumer of Last Resort Goes Missing (BBG)Holiday sales sag despite blitz of deals (WSJ)Abe Support Falls Below 50% for First Time Amid Secrecy Drive (BBG)U.S. airlines give China...
View ArticleFrontrunning: June 23
The Man Who Broke the Middle East (Politico)Kerry presses Maliki as Iraq loses control of Syrian, Jordanian borders (Reuters)Hank Paulson takes on global warming next: The Coming Climate Crash -...
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Bonds & Peso Slide As Fernandez Slams Holdouts For "True Aggression Against...
With hours to go until Argentina's grace period runs out and default occurs, investors are less than frantically selling Argentine bonds and pesos. They are lower but do not appear in full panic mode...
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Create Your Own Argentine Default Swap For As Little As $5 & Watch It...
Bloomberg reports on Argentina today: The nation missed a deadline yesterday to pay $539 million in interest after two full days of negotiations in New York failed to produce an accord with creditors...
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Argentina Stuns Bondholders With Scorched-Earth "Cramdown" Plan
With the impasse over the latest Argentina default going nowhere fast, late last night president Kirchner stunned its creditors when she announced what amounts to a cramdown plan for holdouts, in which...
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Guest Post: Obama The Great, The One True Indispensable Chief Of The NWO
Submitted by Sean Corrigan via The Cobden Center blog,The Economist Discovers The EntrepreneurIn its latest edition, in a piece entitled ‘Monetary policy: Tight, loose, irrelevant’, the ineffably dire...
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