Posts Categorized: In The News

In The News Today

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Jim Sinclair’s Commentary A wash trade is a false price because it occurs with the buyer and seller as one and the same party or two financially related parties. Who is to say that the huge paper gold shares at the open in the US are not wash sales? There is no risk in a… Read more »

In The News Today

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  U.S. ally cuts off communications with Obama and seeks new trade outside dollar July 22, 2014 On July 21, Turkish Prime Minister Tayyip Erdogan spoke in an interview with Turkey’s ATV television, and confirmed that his office had cut off direct communications with President Obama, and in fact, were no longer even answering calls… Read more »

In The News Today

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Jim Sinclair’s Commentary The sharks are eating the sharks in the commodity market. Credit Suisse to Exit Commodities, Posts Big Quarter Loss By Jeffrey Vögeli and Elena Logutenkova Jul 22, 2014 4:29 AM MT Credit Suisse Group AG said it will abandon commodities trading as a $2.6 billion fine to settle a U.S. tax investigation… Read more »

In The News Today

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US dollar clearing rules make gold the new green By John Dizard The world is finding ways to get along without the currency after punitive actions by the US Thanks to what one (non-banker) friend of mine calls the “dangerously stupid” punitive actions and fines levied on banks using the international dollar clearing system by… Read more »

In The News Today

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What Happened to the Malaysian Airliner? Paul Craig Roberts Washington’s propaganda machine is in such high gear that we are in danger of losing the facts that we do have. One fact is that the separatists do not have the expensive Buk anti-aircraft missile system or the trained personnel to operate it. Another fact is… Read more »

In The News Today

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China tells U.S. to stay out of South China Seas dispute By Ben Blanchard BEIJING Tue Jul 15, 2014 2:54am EDT (Reuters) – China told the United States on Tuesday to stay out of disputes over the South China Sea and leave countries in the region to resolve problems themselves, after Washington said it wanted… Read more »

In The News Today

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Incubating a non-dollar architecture The launch of the BRICS bank can now give the member countries confidence to experiment with other geoeconomic ambitions. Incubating a non-dollar financial architecture can be the next goal. There are existing models to build upon but India will need smart economic diplomacy to secure its interests BY Akshay Mathur HEAD… Read more »

In The News Today

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Housing Starts Tumble, Miss Most Since January 2007; Permits Have Biggest Two-Month Plunge Since Lehman Tyler Durden on 07/17/2014 08:55 -0400 "Epic disaster." Those two words best explain what just happened with US housing starts and permits in June. Those who want a slightly more detailed narrative of what the Department of Commerce just reported… Read more »