How pensions were ‘hit by hurricane’: Banker behind LDI strategy that needed Bank bailout says it was not designed to withstand ‘ferocity’ of gilt sell-off

by Boo_Randy If the complacent sheeple realized their pension funds, and our entire financial system, were a house of cards, how many of them would be stacking the shiny? https://www.dailymail.co.uk/money/markets/article-11276197/LDI-not-designed-withstand-ferocity-gilt-market-sell-off.html A banker who helped to design the pension investment strategy …

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Bloodbath! HUGE Banker Short Covering In Silver

by Harvey Organ of Harvey Organ Blog GOLD;  $1825.75 DOWN $26.50 SILVER: $20.68 DOWN  $.88 ACCESS MARKET: GOLD $1822.00 SILVER: $20.70 Bitcoin morning price:  $28,800 DOWN 876 Bitcoin: afternoon price: $28,681 DOWN 1077 Platinum price: closing DOWN $52.00 to $947.70 Palladium price; closing …

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Meet the world’s next central banker: Mark Zuckerberg

by Simon Black Within the last week, Facebook announced a ban on all advertisements about bitcoin, initial coin offerings and other cryptocurrencies. Facebook (along with Google) virtually controls Internet advertising. So their policies have enormous influence over consumer behavior. Banning ICO …

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