Category Archives: rigged markets

The End Is Near, Corporations Are The Ultimate Dumb Money

by John Rubino on May 4, 2015 David Stockman just published a chart so compelling that he didn’t feel the need to add any commentary. But there are a few things to be said about the tendency of public companies to repurchase their shares at the very top: “Peak buyback” is a sign that executives are seeing fewer opportunities to Read More

U.S. Gold Exports Jump 70% In September – US Determined to Impoverish Itself with Paper Money

According to the USGS most recent data, total U.S. gold exports increased significantly in September. Not only did U.S. gold exports surge in September, they were 70% higher than the previous month. From the SRSRocco Report: This was probably due to increased demand as the price of gold declined $80 during the month. U.S. exports Read More

Even The BIS Is Shocked At How Broken Markets Have Become

Not a quarter passes without the Bank of International Settlements (BIS) aka central banks’ central bank (also the locus of some of the most aggressive manipulation of gold and FX in human history) reiterating a dire warning about the fire and brimstone that is about to be unleashed upon the global economy. It started in Read More

Is The Price Of Silver Really Headed Over $250?

Today King World News interviewed a 60-year market veteran who made some absolutely incredible predictions regarding the silver market. He discussed why the price of silver is headed to levels that seem unimaginable today. Below is six-decade market veteran Ron Rosen’s remarkable interview. Rosen: “The most bullish pattern that can possibly occur in a market Read More

Santelli Goes Ballistic: “I Feel Like I’m Living In A Cartoon” – Video

Having noted rather pointedly that “there’s a subsidy in the marketplace that’s worked out definitely to those that are holding equities,” Santelli warns, when The Fed removes it, “it creates a problem for equities.” However, when he is asked about the disconnect between the bond market (rates) and what The Fed is telling us, Santelli Read More

The Shocking Way Central Planning Destroys Your Wealth

by Bill Bonner The economists who set out do to central planning, if they were in a small village, they could organize traffic by central planning. They could say, “Mr. Jones takes his car on this road at 4:00 in the afternoon, and then he’ll be over, finished, by 4:30. So then Mrs. Smith can Read More

Why Matt Taibbi Thinks This Woman Is JPMorgan’s “Worst Nightmare”

In reality, there is nothing surprising in Matt Taibbi’s latest piece since returning to Rolling Stone from the Intercept, as it tells a story everyone is by now is all too familiar with: a former bank employee (in this case Alayne Fleischmann) who was a worker in a bank’s (in this case JPM) mortgage operations Read More

American Financial Markets Have No Relationship To Reality — Paul Craig Roberts and Dave Kranzler

American Financial Markets Have No Relationship To Reality Paul Craig Roberts and Dave Kranzler As we have demonstrated in previous articles, the bullion banks (primarily JP Morgan, HSBC, ScotiaMocatta, Barclays, UBS, and Deutsche Bank), most likely acting as agents for the Federal Reserve, have been systematically forcing down the price of gold since September 2011. Read More

Paul Singer Slams The Fake World: “Fake Growth, Fake Money, Fake Jobs, Fake Stability, Fake Inflation Numbers”

Excerpted from Elliott Management’s Paul Singer letter to investors, FAKING IT Nobody knows when reality will overtake the rhetoric, lies, phony statistics, wishful thinking, fake prices and tiresome poseurs pretending to be world leaders. The situation is universal, a consequence of incompetent leaders and careless (or ignorant) citizenry. Global problems are continuing to mount, along Read More