Shanghai vs S&P 500

Shanghai vs S&P 500

By Vincent Fernando, CFA and Kamelia Angelova Continue reading the article . . .

Small-Business Lending Is Down

Small-Business Lending Is Down

By Sewell Chan The chairman of the Federal Reserve urged banks and regulators on Monday to help the nation’s small businesses get the loans they

The National Bank of Malvern

The National Bank of Malvern

[Note from CAF: My wonderful bankers at National Bank of Malvern did not tell me about this story published last year. I just found it,

Resort Opens In Singapore

Resort Opens In Singapore

By Lucy Ballinger The impressive, boat-shaped ‘SkyPark’ perched atop the three towers that make up the world’s most expensive hotel, the £4billion Marina Bay Sands

The Con of the Decade

The Con of the Decade

The con of the decade (Part I) involves the transfer of private debt to the public (the marks), who then pays interest forever to the

A Sunday in London

A Sunday in London

This morning, I attended the Eucharist at St. Paul’s Cathedral, including a celebration of Mozart’s sacred music, receiving communion with more than 1,000 worshipers. Our

Gold Swap Mystery Deepens

Gold Swap Mystery Deepens

By C. Powell Dear Friend of GATA and Gold: The Wall Street Journal this evening updated and corrected its report about the gold swaps undertaken

Europe’s New Approach to Biotech Food

Europe’s New Approach to Biotech Food

By James Kanter After decades of pushing nations to surrender more power to Brussels, the European Union is about to throw in the towel on

Plugging BP's Macondo Oil Well

Plugging BP's Macondo Oil Well

By Jessica Resnick-Ault and Katarzyna Klimasinska BP Plc is likely to intercept its Gulf of Mexico gusher this month, ahead of schedule, kicking off a

Plugging BP’s Macondo Oil Well

Plugging BP’s Macondo Oil Well

By Jessica Resnick-Ault and Katarzyna Klimasinska BP Plc is likely to intercept its Gulf of Mexico gusher this month, ahead of schedule, kicking off a

Home Ownership And The Banks

Home Ownership And The Banks

Dear Jim, Allow me to chime in here and bolster your comments to CIGA Arlen. First and foremost, what your readers need to understand is

Illinois Stops Paying Its Bills

Illinois Stops Paying Its Bills

By Michael Powell Even by the standards of this deficit-ridden state, Illinois’s comptroller, Daniel W. Hynes, faces an ugly balance sheet. Precisely how ugly becomes

War Horse

War Horse

YouTube I am flying to London this week; returning early next week. This Friday, I will join wonderful clients and friends to see Nick’s Stafford’s

Emerging Market Banks

Emerging Market Banks

View Larger Chart Continue reading The Bigger And Bigger Picture

BP Seeking Investors

BP Seeking Investors

BP Plc is seeking a strategic investor to secure its independence in the face of any takeover attempts as it struggles with a devastating oil

The Governance Nightmare

The Governance Nightmare

“In a global economy when you lower the cost of capital and rig resources for insiders, a severe misallocation of capital results. This has been

The Lying Liars At Goldman Sachs

The Lying Liars At Goldman Sachs

By Zach Carter Today, Goldman Sachs sent its second-highest-ranking officer to Washington, D.C. to tell the Financial Crisis Inquiry Commission that his company is staffed

Goldman Sachs' Credibility in Question

Goldman Sachs' Credibility in Question

By: CNBC.com Goldman Sachs’ testimony before the Financial Crisis Inquiry Commission Thursday spurred skepticism and frustration among commission members when the investment bank claimed it

Goldman Sachs’ Credibility in Question

Goldman Sachs’ Credibility in Question

By: CNBC.com Goldman Sachs’ testimony before the Financial Crisis Inquiry Commission Thursday spurred skepticism and frustration among commission members when the investment bank claimed it

Russia Building Gold Reserves

Russia Building Gold Reserves

By Vincent Fernando, CFA and Kamelia Angelova Continue reading Russia Is On A Crazy Gold Binge

Power From Thin Air

Power From Thin Air

Wireless technology: It is already possible to send electricity without wires. Can devices be powered using ambient radiation from existing broadcasts? YouTube Continue reading Power

Forgiveness for Big Banks

Forgiveness for Big Banks

By Louise Story and Gretchen Morgenson At the end of the American International Group’s annual meeting last month, a shareholder approached the microphone with a

Millions Of Vaccine Doses To Be Burned

Millions Of Vaccine Doses To Be Burned

By Mike Stobbe About a quarter of the swine flu vaccine produced for the U.S. public has expired — meaning that a whopping 40 million

Explaining Synthetic Derivatives

Explaining Synthetic Derivatives

By Tyler Durden View Larger Chart Continue reading Explaining Derivatives, And Goldman’s Dominance Thereof, In Four Simple Charts

Goldman's Cohn Testifies

Goldman's Cohn Testifies

The Financial Crisis Inquiry Commission wrapped up their first day of testimony on the “The Role of Derivatives in the Financial Crisis.” Today’s hearing had

Goldman’s Cohn Testifies

Goldman’s Cohn Testifies

The Financial Crisis Inquiry Commission wrapped up their first day of testimony on the “The Role of Derivatives in the Financial Crisis.” Today’s hearing had

Fed Made Taxpayers Unwitting Junk-Bond Buyers

Fed Made Taxpayers Unwitting Junk-Bond Buyers

By Caroline Salas Federal Reserve Chairman Ben S. Bernanke and then-New York Fed President Timothy Geithner told senators on April 3, 2008, that the tens

Financial Regulatory Reform: Go, Marsha!

Financial Regulatory Reform: Go, Marsha!

Friends, The House is expected to vote on final passage of the financial reform bill this evening. I will vote no. This bill represents a

SPX vs Gold

SPX vs Gold

View larger chart. . .

Riki Ott – Update from the Gulf

Riki Ott – Update from the Gulf

While President Obama insists that the federal government is firmly in control of the response to BP’s spill in the Gulf, people in coastal communities

Why The Euro Will Fail

Why The Euro Will Fail

By: John Laughland Throughout the history of European integration, its supporters have often used transport metaphors to sell their project. In the 1960s, Europe was

Particles Collide at World-Record Rate

Particles Collide at World-Record Rate

By Jennifer Ouellette Take that, Fermilab! This seems to be the underlying message of yesterday’s BBC News article announcing that CERN’s Large Hadron Collider (LHC)

Flying Car Wins Initial FAA Approval

Flying Car Wins Initial FAA Approval

The Federal Aviation Administration (FAA) has granted initial approval for a “roadable aircraft” known as the Transition. The flying car – which is manufactured by

Gensler On Brink Of Position Limits Victory

Gensler On Brink Of Position Limits Victory

U.S. Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler appears to be on verge of achieving a big victory in his battle to impose stricter

Fidel Castro Warns of War

Fidel Castro Warns of War

By Fidel Castro When I was writing one of my previous reflections, as a disaster for humanity was rapidly approaching, my greatest concern was to

Paul on Iran Sanctions

Paul on Iran Sanctions

YouTube Continue reading When Giants Fall Related reading: US Imposes New Sanctions Targeting Iran’s Energy And Financial Sectors The Economic Times (26 June 10) Catherine

A Warning To Gulf Volunteers

A Warning To Gulf Volunteers

By Michael Snyder Are you sure that you want to help clean up the oil spill in the Gulf of Mexico?  In a previous article

BP Turns to Backup Strategy

BP Turns to Backup Strategy

By Kari Goodnough – Devastating Beauty – June 2010 “Oil off the Coast of Alabama” Since shortly after oil began spewing into the Gulf of

Mexican Politician Murdered

Mexican Politician Murdered

A leading Mexican gubernatorial candidate was killed early Monday in a state bordering Texas, in the highest-level assassination of a politician here since President Felipe

China, Taiwan Sign Trade Deal

China, Taiwan Sign Trade Deal

By Alexa Olesen China, Taiwan sign trade deal further linking their economies 6 decades since split A historic trade deal between China and Taiwan will

Tesla Prices at $17 in Upsized IPO

Tesla Prices at $17 in Upsized IPO

By Poornima Gupta Electric carmaker Tesla Motors Inc(TSLA.O) priced shares in its initial public offering above the expected range on Monday, according to a market

SLM Corporation Common Stock

SLM Corporation Common Stock

[click on the image for a larger version] Continue reading the article . . . Related reading: Wikipedia: SLM Corporation Website: SallieMae

Democrats Return to Drawing Board

Democrats Return to Drawing Board

By Rachelle Younglai and Kevin Drawbaugh U.S. Democrats on Tuesday went back to the drawing board as they considered stripping out a controversial tax from

The Coming Storm

The Coming Storm

By Alan Abelson The bulls are ignoring the economic realities. Some Good Samaritan—or if there wasn’t one handy (they’re pretty scarce in Afghanistan), just about

Supreme Court Limits Local Gun Bans

Supreme Court Limits Local Gun Bans

Justices rebuff Chicago, which defended ban as reasonable exercise of local power The Supreme Court held Monday that Americans have the right to own a

Financial Reform – Banks `Dodged a Bullet'

Financial Reform – Banks `Dodged a Bullet'

By Christine Harper Legislation to overhaul financial regulation will help curb risk-taking and boost capital buffers. What it won’t do is fundamentally reshape Wall Street’s

Financial Reform – Banks `Dodged a Bullet’

Financial Reform – Banks `Dodged a Bullet’

By Christine Harper Legislation to overhaul financial regulation will help curb risk-taking and boost capital buffers. What it won’t do is fundamentally reshape Wall Street’s

World Debt

World Debt

View Larger Chart Continue reading Indebtedness After The Financial Crisis

Living a Great Story

Living a Great Story

A living history is a history that turns the pupil from student to player. To rise from the level of pupil to player requires looking

BIS & the Gold Price in 1973

BIS & the Gold Price in 1973

By C. Powell Thanks to our friend W.G. for pointing out a fascinating article written for Harper’s magazine in November 1983 about the Bank for

BIS & the Gold Price in 1973

BIS & the Gold Price in 1973

By C. Powell Thanks to our friend W.G. for pointing out a fascinating article written for Harper’s magazine in November 1983 about the Bank for

Mormons – Networking the Globe

Mormons – Networking the Globe

Click to view video A look at successful Mormon business leaders, with CNBC’s Erin Burnett. Continue reading Mormon Mission Biz

9 Lessons From the Gulf Oil Disaster

9 Lessons From the Gulf Oil Disaster

As always, there are lessons to be learned in even the most negative situations, and here are nine lessons from this one. 1. An event

Currency Debasement in the Roman Empire

Currency Debasement in the Roman Empire

By Gregory White and Kamelia Angelova View Larger Chart Continue reading We’re Not The First Empire To Have A Serious Currency Problem

Treasury Reserves Power to Seize Everything

Treasury Reserves Power to Seize Everything

By C. Powell Because of recent inquiries to GATA about the possibility of an attempt by the U.S. Government to confiscate privately held gold and

"Oldie but Goodie"

"Oldie but Goodie"

In his occasional paper THE RETURN TO GOLD 1925 , Cambridge University scholar, Donald E. Moggridge, tells us that it was Sir Isaac Newton, who,

“Oldie but Goodie”

“Oldie but Goodie”

In his occasional paper THE RETURN TO GOLD 1925 , Cambridge University scholar, Donald E. Moggridge, tells us that it was Sir Isaac Newton, who,

LaToya Says Michael Jackson was Murdered

LaToya Says Michael Jackson was Murdered

On Eve of 1st Anniversary of King of Pop’s death LaToya Jackson says he was killed for Cash. Michael Jackson was murdered to gain control

Duke Energy Slams Ohio School Districts

Duke Energy Slams Ohio School Districts

By Denise Smith Amos and Mike Boyer ‘This is devastating,’ school official says of company’s plan to cut $40 million in property taxes.” Southwest Ohio

Republicans Kill Jobless Aid

Republicans Kill Jobless Aid

Republicans on Thursday defeated Democrats’ showcase election-year jobs bill, including an extension of weekly unemployment benefits for millions of people out of work more than

Are You Ready for the Quantum Computer?

Are You Ready for the Quantum Computer?

For the first time, researchers have been able to control the remarkable ability of an electron to exist in two places at once and that

How HFT Quote Stuffing Caused The Market Crash

How HFT Quote Stuffing Caused The Market Crash

…our friends at Nanex have conducted an exhaustive analysis (must read for everybody concerned about market structure), in which they identify the various parties responsible

New House Sales Lower

New House Sales Lower

By Shobhana Chandra and Timothy R. Homan Purchases of U.S. new homes fell in May to the lowest level on record after a tax credit