Skip to content

JP Morgan Electricity Manipulations

When I first came out and wrote about the “Club” and how there was an organized group of banks and some hedge funds that targeted individual markets to manipulate, they tried to pretend it was sour grapes. I had even hired Robert Howe who may have been the first African-American analyst in American History. Bob […]

The Aluminum Scandal

Goldman Sachs & the Aluminum Scandal The tide has turned against the bankers and there will not be a rock big enough to hide under. The market is starting to wise up to the commodity game of controlling the warehouses and trading on the same commodities after 31.4 years. I have reported previously that the […]

Economic Insecurity – The Great Motivator For 2016

The studies have been illustrating that what we face is the collapse of society thanks to the Marxist Agenda that has sent jobs fleeing and it now takes two incomes to support a family rather than one. The great divide between race has diminished and as the once minorities are poised to assume the role […]

HYPERINFLATION – Chicken or the Egg

Iran, North Korea, Argentina, Venezuela, Egypt and Syria have all one thing in common – the collapse in the confidence of their currencies. This is where we will see hyperinflation and this is what it is all about. HYPERINFLATION is by no means related to the quantity of money, it is directly related to the […]

Spain Taxing Sunlight

Spain’s Secretary of State for Energy, Alberto Nadal, has signed a draft royal decree taxing energy derived from photoelectric cells. If they can’t derive taxes from utilities, what the hell – tax the sun. Next comes a tax on clean air to breath to live. They already tax food.

Glass-Steagall Returns by Default

QUESTION: If Europe is imploding, general global economy slowing and there is a liquidity crunch, Why in heaven is the Fed going to start taper in september? Because of political pressure are they going to taper/rise rates and leave the Banks on their own with prop.trading? Has the Fed decided to really clean the system? Thank you […]

Proprietary Trading Is Ending – JP Morgan Withdraws from Commodities

The banks are coming under tremendous pressure in respect to proprietary trading. The days of the merger of Commodity Trading that took over Saloman Brothers in 1981 by Philips Brothers (PhiBro) are coming to an end 31.4 years after they began. JP Morgan has announced it is exiting the commodity business which came 3 days […]

Cyprus Bail-In 47.5%

The Cyprus Bail-In seems to be coming in as 47.5%. Keep in mind that the loss is due to the banks holding debt from Greece that the EU promised would never happen. The entire European Banking System is at tremendous risk. Aside from the issue of proprietary trading that went sour as in New York, […]

Classic Jefferson – How Much We have Forgotten

“I prefer dangerous freedom to peaceful slavery” January 30th, 1787

US Promises Snowden No Death Sentence or Torture

Let me make something very clear. The USA routinely tortures people. The press simply will not report it as such because they are controlled. If they report anything the government does not like, the journalist is targeted by the IRS and any individual that does not do as Washington demands is dead meat. I personally […]