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Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Ginormous numbers, FX swaps and spot trades, USD, EUR, JPY, GBP, Australian & Canadian dollars… but where the heck is China’s CNY? It happens every three … Read more
by Martin Armstrong Margaret Thatcher on the ERM Crisis & why even the euro will fail.
by raptorbluez I recently went to withdraw some cash in another country from an HSBC ATM. A screen popped up after I entered the amount and HSBC offered to do … Read more
via Zerohedge: On Monday, investors in mainland China finally got a taste of what it would be like to trade in a market that isn’t tightly controlled by Chinese economic authorities. And what … Read more
Iranian Foreign Minister Mohammad Javad Zarif has offered to immediately ratify the JCPOA Additional Protocol in exchange for the immediate removal of US sanctions. Under the original 2015 JCPOA deal, … Read more
via Zerohedge: Update4: In a second Monday hearing, Epstein’s attorneys have argued that he has immunity under a 2008 plea deal. As we noted earlier, however, the new case includes additional alleged victims … Read more
by Jesse Colombo For the last several years, there has been a tremendous amount of activity and hype in the tech startup arena. In addition to the tens of thousands … Read more
Senator Rand Paul (R-Ky.) proposes the potential offering of immunity from prosecution for WikiLeaks founder Julian Assange in exchange for the latter’s testimony at a Senate Intelligence Committee hearing. In … Read more
Clinton mailed a laptop in the postal mail www.youtube.com/watch?v=kxEuF… It was kismet, and in March of 2009, Pagliano delivered two servers to Chappaqua—a Dell PowerEdge 2900 running Windows Server and … Read more
by independenttrader When in 2017, we have begun to mention the upcoming US-China trade war, the largest media have not yet been interested in this topic. The situation has changed a … Read more
by Jim Willie CB A Perfect Storm is hitting the Gold market, with an internal factor (QE), an external factor (SGE), and a systemic factor (Basel). All three forces are … Read more
by Jesse The Shanghai Gold Exchange is a bit different from most, because they deal in the exchange of actual physical metal for paper, rather than mostly paper for paper, … Read more
by RDS QuadrigaCX was the #1 canadian crypto exchange, had over 100,000 active accounts and has lost approx $150-$250M dollars of creditor’s funds (~$70M fiat and $150M crypto). For more … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Exchange-traded bond funds and bond mutual funds are big business. They’re a lot easier for retail investors to buy and sell than the actual bonds, particularly … Read more
Think back to when you saw that first Star Wars movie from 1977, and how the Death Star – this massive, cold, metal, ruthless, demonic Imperial battle station the size … Read more
by Thinker ‘Anti – Trump Texts’ FBI Agent Peter Strzok Testifies before House Oversight committees on Russia Probe, and the man who blamed the American people? Trey Gowdy can finally … Read more