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PFG's founder and CEO Russell Wasendorf Sr. has admitted he spent almost all of Peregrine's missing segregated client funds, and blamed the fraud (fancy word for robbery) on ‘mean spirited' […]
CNBC's Rick Santelli has just called Ben Bernanke's Senate testimony regarding LIBOR manipulation the ‘Smoking Gun' the Fed was involved and manipulated rates. Santelli stated: The fed chairman and the […]
The Doc sat down with AltInvestors.comTuesday night to discuss the escalating LIBOR manipulation crisis, the liklihood of another gold and silver raid coinciding with Bernanke's Congressional testimony Tuesday, and the […]
By now, SD readers are aware that Ben Bernanke advised the Senate this morning that while not officially leaking any new QE programs, The Fed ‘is prepared to take further […]
Apparently The Vampire Squid is unable to suck enough capital out of the muppets. The WSJ reports Goldman is building an in-house bank designed to lend funds (at lower margins […]
The anticipated raid in gold and silver has begun on-que as Bernanke began his semi-annual report on monetary policy report to the Senate Banking Committee. BERNANKE REPEATS FED PREPARED TO […]
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Gold inched up on Tuesday ahead of Federal Reserve Chairman Ben Bernanke's Congressional testimony today and Wednesday which should provide the market with information as to whether the US central […]
Returning to the issue of LIBOR manipulation, the current picture painted is one that shows banks benefiting from borrowing at low rates through interest rate manipulation. But our guest, former […]
On Thursday, JP Morgan admitted in its 8k filing that the firm had mismarked hundreds of billions worth of CDS contracts. The bank took the nearly unprecidented step of restating […]
If you are like most SD readers, you are very worried about the current financial state of the US, a country whose only current protection against bankruptcy and default is […]
We have 4 silver inventory movements to report from Friday's trading, with the highlight being a 900,000 ounce adjustment out of the JP Morgan dealer vault. The adjustment was a […]
We have news for the MSM: There are no free markets anymore, just interventions. As Jim Sinclair has been stating, ‘The Rig is Up!‘ Was the petrol price rigged too? […]
Something tells us Jamie Dimon has been smashing the Ambien lately, and it's not anxiety over CIO losses, it's due to the liklihood JP Morgan will be implicated in LIBOR […]
With news breaking that JP Morgan is involved with yet another segregated client funds vanishing act at PFG, it has been confirmed that The Morgue intentionally torpedoed Lehman Brothers in […]
Not only is Geithner ‘dead meat' for his role in covering up and perpetuating LIBOR rate fixing (recall Geither held a meeting in 2008 with Fed officials to fix LIBOR), […]
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Gold Market "Nervous and Thin" Ahead of Bernanke Testimony, Analysts Prepared to be "Disappointed"July 16, 2012
The dollar cost of buying gold fell to $1583 an ounce during Monday morning's London trading, in line with where last week's range, while European stock markets also edged lower […]