Daily Archives: March 11, 2013

Dr copper declines on strong U$, weak demand and soaring inventories

Posted on March 11, 2013 by Danielle Park

“Copper fell for the second time in three days as imports dropped to a 20-month low in China, the world’s largest user, and exchange inventories increased. Inbound Chinese shipments of refined metal, alloy and products were 298,102 metric tons last … Continue reading →

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Full circle back to financial crisis

Posted on March 11, 2013 by Danielle Park

Something is becoming increasingly clear to me. The experimental easing efforts of central banks over the past 4 years that have been promoted by some as the salvation of the world economy will come to be seen as the next … Continue reading →

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Embarrassment to the the rule of law: hearing on bank money laundering

Posted on March 11, 2013 by Danielle Park

Senator Elizabeth Warren’s Q&A at the March 7, 2013 Banking Committee hearing entitled “Patterns of Abuse: Assessing Bank Secrecy Act Compliance and Enforcement.” Witnesses were: David Cohen, Under Secretary for Terrorism and Financial Intelligence, United States Department of the Treasury; … Continue reading →

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