Posts Categorized: In The News

In The News Today

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IMF warns of adverse effects of anti-Russia bans Tuesday Jul 29, 201401:37 PM GMT The International Monetary Fund (IMF) has warned that the sanctions imposed on Russia over the ongoing crisis in Ukraine would have adverse effects on a global scale. Speaking at a news conference on Wednesday, IMF spokesman William Murray said that the… Read more »

In The News Today

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Jim Sinclair’s Commentary Today’s rules are you pay to play. Lloyds fined £218m over rate rigging scandal Lloyds Banking Group has been fined £218m for "serious misconduct" over some key interest rates set in London. Lloyds manipulated the London interbank offered rate (Libor) for yen and sterling and tried to rig the rate for yen,… Read more »

In The News Today

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Jim Sinclair’s Commentary Mr. Budders checks the price from under his blanket. Israel Agrees to Extension of Cease-Fire, but Hamas Balks By JODI RUDOREN and BEN HUBBARDJULY 26, 2014 JERUSALEM — Israel’s top ministers decided Saturday night to extend a humanitarian halt to hostilities in the Gaza Strip for 24 hours, but said their troops… Read more »

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 »