Category Archives: Main Page

With stock markets off to a rough start for the year, long-always prophets have been prominently featured assuring ‘little folks’ that all is well and the financial wizards have capital risk all under control. Valuations off the charts? Dividends pathetic? … Continue reading →

Levered algo traders have had enjoyed a lucrative business model over the past 2 years as QE belief swept the world: ramp it (risk prices) and they (a gullible public) will be sucked in. With FX traders dumping the Yen … Continue reading →

The double and triple pledging of a multitude of metal deposits the past few years reminds me of the gold cart fraud in US banks in the 1800’s. In order to control loan growth, banks were required to maintain a … Continue reading →