DEBKAfile Exclusive Report January 13, 2012, 12:00 PM (GMT+02:00)
US President Barack Obama is busy aligning Middle East allies with the next US steps on Iran. Contributing to the mounting sense in Washington of an approaching US-Iranian confrontation, the Pentagon is substantially building up its combat power around Iran, stationing nearly 15,000 troops in Kuwait - two Army infantry brigades and a helicopter unit – and keeping two aircraft carriers the region. The USS Carl Vinson, the USS John Stennis which was to have returned to home base and their strike groups will stay in the Arabian Sea.
Iran is caught up in the same pre-war swirl of activity. Parliament Speaker Ali Larijani spent two days in Ankara this week. But Turkish leaders failed in their bid to sell their good offices as brokers for averting the expected collision between Tehran and the West. Before flying out of Ankara Friday, Jan. 13, Larijani commented: "We have different ways of doing things."
debkafile's Iranian sources quote the Iranian official as telling his hosts that his country is prepared to take on any military aggressors. One of the responses weighed in Tehran to meet the rising military pressure might be an open declaration of Iran as a nuclear power. By accepting a visit by IAEA inspectors on Jan. 28 - to investigate charges that Iran is running a clandestine nuclear bomb program - Tehran may be moving toward that irreversible admission - or possibly its first nuclear test.
13 January 2012
It's Offical: S&P Announces Mass Downgrade Of Eurozone Countries
Eric Platt | Jan. 13, 2012, 4:38 PM
Standard & Poor's has officially cut the long-term credit rating of France and eight other Eurozone nations.
Italy, Portugal, Cyprus, and Spain saw two notch downgrades, while Austria, France, Malta, Slovakia, and Slovenia were dropped one level.
The ratings agency reiterated its ratings on Belgium, Estonia, Finland, Germany, Ireland, Luxembourg, and the Netherlands.
Standard & Poor's has officially cut the long-term credit rating of France and eight other Eurozone nations.
Italy, Portugal, Cyprus, and Spain saw two notch downgrades, while Austria, France, Malta, Slovakia, and Slovenia were dropped one level.
The ratings agency reiterated its ratings on Belgium, Estonia, Finland, Germany, Ireland, Luxembourg, and the Netherlands.
Fed Plays PR Games
By:
John Browne
Friday, January 13, 2012
The world was taken by surprise recently by the Federal Reserve Board’s announcement that it would publish some of its economic forecasting that forms the basis for its short-term interest rate strategy. The Fed claims that the move will vastly increase so-called transparency, which has become a buzz word for honesty and virtue. However, the new policies do nothing to remove the cloak of secrecy that conceals still many of its most significant activities. This myth of new transparency will do little to lure investors back into the markets but as an unintended consequence will reveal just how profoundly the markets are currently guided from the top.
John Browne
Friday, January 13, 2012
The world was taken by surprise recently by the Federal Reserve Board’s announcement that it would publish some of its economic forecasting that forms the basis for its short-term interest rate strategy. The Fed claims that the move will vastly increase so-called transparency, which has become a buzz word for honesty and virtue. However, the new policies do nothing to remove the cloak of secrecy that conceals still many of its most significant activities. This myth of new transparency will do little to lure investors back into the markets but as an unintended consequence will reveal just how profoundly the markets are currently guided from the top.
Markets Tumble as French Downgrade Causes Chaos
By Tom Nicolson: Subscribe to Tom's RSS feed
January 13, 2012 11:10 AM EST
Financial rating agency Standard & Poor's is poised to downgrade the French credit rating in an expectation that has sent shockwaves through the eurozone and global markets.
France, along with the other eurozone countries, was put on to "negative credit watch" towards the end of 2011 but the official announcement of the downgrade from AAA to AA is likely to put huge pressure on President Nicolas Sarkozy just months ahead of the general election.
The downgrade will mean France's sovereign bond yield will increase, making it essentially more expensive for Paris to borrow money. That will ultimately weaken the French economy.
January 13, 2012 11:10 AM EST
Financial rating agency Standard & Poor's is poised to downgrade the French credit rating in an expectation that has sent shockwaves through the eurozone and global markets.
France, along with the other eurozone countries, was put on to "negative credit watch" towards the end of 2011 but the official announcement of the downgrade from AAA to AA is likely to put huge pressure on President Nicolas Sarkozy just months ahead of the general election.
The downgrade will mean France's sovereign bond yield will increase, making it essentially more expensive for Paris to borrow money. That will ultimately weaken the French economy.
Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton Combined
By Terence P. Jeffrey
January 13, 2012
(CNSNews.com) - President Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day ($4,240,506,004.34) putting him on a pace to increase the national debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on Jan. 20, 2013, according to the debt figures published by the U.S. Treasury.
That $6.2 trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined.
January 13, 2012
(CNSNews.com) - President Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day ($4,240,506,004.34) putting him on a pace to increase the national debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on Jan. 20, 2013, according to the debt figures published by the U.S. Treasury.
That $6.2 trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined.
MF Global Three Times A Day
MF Global went down in October and the government which can sniff out weapons of mass destruction thousands of kilometres away in enemy territory, still cannot figure out what happened to $1.2 billion in its own back yard. These outcomes are perfectly understandable when one is not searching for the truth.
But without being callous to the predicament of investors in MF Global, does it really matter what happened to the money?
In my view it matters not one iota given that the USA experiences the equivalent of three MF Global events each and every day of the year with a Federal deficit of $1.3 trillion in 2011. And three MF Globals per day is just the start given the additional issues with State and local finances, poorly performing pension plans, educational debt, the mortgage woes of borrowers and the despair of the unemployed.
According to one source, MF Global had 50,000 active commodities accounts and 400 securities accounts. The average loss against these accounts is $23,809 per customer and to date a number of class actions have been initiated.
But without being callous to the predicament of investors in MF Global, does it really matter what happened to the money?
In my view it matters not one iota given that the USA experiences the equivalent of three MF Global events each and every day of the year with a Federal deficit of $1.3 trillion in 2011. And three MF Globals per day is just the start given the additional issues with State and local finances, poorly performing pension plans, educational debt, the mortgage woes of borrowers and the despair of the unemployed.
According to one source, MF Global had 50,000 active commodities accounts and 400 securities accounts. The average loss against these accounts is $23,809 per customer and to date a number of class actions have been initiated.
SilverDoctors: Italy Slashed to BBB+
SilverDoctors: Italy Slashed to BBB+: An EU official has just confirmed Italy has been downgraded to BBB+. ITALY CUT TWO LEVELS TO BBB+ BY S&P, EU OFFICIAL SAYS
Gold: Current bull market is a carbon copy of the 1970's bull market
By Hubert Moolman
Below, is a Gold alert sent to my premium subscribers, on 5 January 2012. The patterns indicated, suggest that we will have a massive rally in gold over the coming months.
Below, is a graphic that compares the gold chart from 1998 to present, to that of 1975 to 1979.
Below, is a Gold alert sent to my premium subscribers, on 5 January 2012. The patterns indicated, suggest that we will have a massive rally in gold over the coming months.
Below, is a graphic that compares the gold chart from 1998 to present, to that of 1975 to 1979.
Silver: If you buy anything in 2012, buy Silver
NEW YORK (Commodity Online): Silver is the commodity to buy in 2012, believes Smith McKenna LLC adding that silver will dominate the markets in 2012.
Stephen M. Smith, managing member Smith McKenna, has 20 plus years of experience in commodity-market analysis and advises that silver will emerge as king.
"It's the only place to be," says Smith. "Silver will dominate the commodity market in 2012."
Smith strongly believes that political and economic changes have a dynamic impact on prices and in this time of global economic advancements there will be a mega shift in the metal market. Silver will dictate market direction.
Stephen M. Smith, managing member Smith McKenna, has 20 plus years of experience in commodity-market analysis and advises that silver will emerge as king.
"It's the only place to be," says Smith. "Silver will dominate the commodity market in 2012."
Smith strongly believes that political and economic changes have a dynamic impact on prices and in this time of global economic advancements there will be a mega shift in the metal market. Silver will dictate market direction.
Silver: Are you ready to make profit in 2012
By Hubert Moolman
I presented the following chart, which indicated that Silver was at a major crossroads:
"This pattern on the silver chart has me convinced that silver will rise even faster than a lot of silver bulls are expecting. Let me give you an example of what is likely to come next, after this pattern. Below, is a comparison of the current pattern on the silver chart, and a similar pattern that was on the Gold chart in 2007:"
I presented the following chart, which indicated that Silver was at a major crossroads:
"This pattern on the silver chart has me convinced that silver will rise even faster than a lot of silver bulls are expecting. Let me give you an example of what is likely to come next, after this pattern. Below, is a comparison of the current pattern on the silver chart, and a similar pattern that was on the Gold chart in 2007:"
SilverDoctors: Markets "Comfortable Again with Gold", Euro Falls ...
SilverDoctors: Markets "Comfortable Again with Gold", Euro Falls ...: SPOT MARKET Dollar gold prices dipped to $1637 an ounce Friday morning London time – a 1.4% fall from Thursday's high – as the Euro fell ag...
SilverDoctors: Animated Propaganda From the ECB: Price Stability
SilverDoctors: Animated Propaganda From the ECB: Price Stability: Set your coffee down before viewing this animated propaganda published this week by the ECB- Price Stability: Why is it Important for You? ...
Greece/Italy/Gold rises/ MFGlobal customers will not see their money/Sears
Thursday, January 12, 2012
Good evening Ladies and Gentlemen:
The price of gold rose today to the tune of $8.50 to close at $1647.80. Silver on the other hand rose 23 cents to break the 30 dollar barrier to $30.07. Yesterday the gold/silver shares lagged the bullion price which is generally a signal that a raid was forthcoming. However during the night, over in Europe they had successful auctions in the Italian bonds which triggered euphoria. The trouble here is that the bonds offered were the 1 to 3 year in duration. These bonds will be swapped from the buyers (the banks) to the ECB for freshly minted euros in the second round of LTRO which will begin in earnest in February. The euphoria caused European bourses to rise and this signaled a risk on trade. However on this side of the pond, the markets were stunned that the jobless went back to the 400000 level. Thus the Dow did not join her European friends in excitement but it did close up by 21 points.
Let us head over to the comex and assess trading with respect to open interest, inventory movements and amounts of metal standing.
The total gold comex open interest fell by 3634 contracts despite gold's advance yesterday. It rests tonight at 414,289. The front options expiry month of January saw its OI remain constant at 30 contracts.
We had 14 delivery notices yesterday so we gained 1400 oz of additional gold standing.
The next big delivery month is February where we have 2 1/2 weeks left before first day notice. Here the OI fell by over 11000 contracts to 181,498. The estimated volume at the gold comex today came in at 181,498 which is quite low considering the rollovers. The confirmed volume yesterday was also weak at 168,995.
The total silver comex OI continues to fall. Today it registered a level of 103,882 a drop of about 500 contracts from yesterday. The front options expiry month of January saw its OI rise from 83 to 185 for a gain of 102 contracts. We had one delivery notice so we gained an additional 103 contracts or 515,000 oz.
Someone was in great need of physical silver. The next delivery month is March and here the Oi slipped about 800 contracts to 55,649. The estimated volume at the silver comex came in at 38,310. The confirmed volume yesterday resulted in an OI of 38,952.
The West and Israel finalize Mid East military alignment. Iran may go public on nuclear weapon
DEBKAfile Exclusive Report January 13, 2012, 12:00 PM (GMT+02:00)
US President Barack Obama is busy aligning Middle East allies with the next US steps on Iran amid a mounting sense in Washington that a US-Iranian confrontation is drawing near.
Iran is caught up in the same pre-war swirl of activity. Parliament Speaker Ali Larijani spent two days in Ankara this week. But Turkish leaders failed in their bid to sell their good offices as brokers for averting the expected collision between Tehran and the West. Before flying out of Ankara Friday, Jan. 13, Larijani commented: "We have different ways of doing things."
debkafile's Iranian sources quote the Iranian official as telling his hosts that his country is prepared to take on any military aggressors. One of the responses weighed in Tehran to meet the rising military pressure might be an open declaration of Iran as a nuclear power. By accepting a visit by IAEA inspectors on Jan. 28 - to investigate charges that Iran is running a clandestine nuclear bomb program - Tehran may be moving toward that irreversible admission - or possibly its first nuclear test.
US President Barack Obama is busy aligning Middle East allies with the next US steps on Iran amid a mounting sense in Washington that a US-Iranian confrontation is drawing near.
Iran is caught up in the same pre-war swirl of activity. Parliament Speaker Ali Larijani spent two days in Ankara this week. But Turkish leaders failed in their bid to sell their good offices as brokers for averting the expected collision between Tehran and the West. Before flying out of Ankara Friday, Jan. 13, Larijani commented: "We have different ways of doing things."
debkafile's Iranian sources quote the Iranian official as telling his hosts that his country is prepared to take on any military aggressors. One of the responses weighed in Tehran to meet the rising military pressure might be an open declaration of Iran as a nuclear power. By accepting a visit by IAEA inspectors on Jan. 28 - to investigate charges that Iran is running a clandestine nuclear bomb program - Tehran may be moving toward that irreversible admission - or possibly its first nuclear test.
China Gets Cheaper Iran Oil as U.S. Picks Up Tab for Hormuz Strait Patrols
By Indira A.R. Lakshmanan and Gopal Ratnam - Jan 12, 2012 9:07 PM GMT+0100
China stands to be the biggest beneficiary of U.S. and European plans for sanctions on Iran’s oil sales in an effort to pressure the regime to abandon its nuclear program.
As European Union members negotiate an Iranian oil embargo and the U.S. begins work on imposing sanctions to complicate global payments for Iranian oil, Chinese refiners already may be taking advantage of the mounting pressure. China is demanding discounts and better terms on Iranian crude, oil analysts and sanctions advocates said in interviews.
China stands to be the biggest beneficiary of U.S. and European plans for sanctions on Iran’s oil sales in an effort to pressure the regime to abandon its nuclear program.
As European Union members negotiate an Iranian oil embargo and the U.S. begins work on imposing sanctions to complicate global payments for Iranian oil, Chinese refiners already may be taking advantage of the mounting pressure. China is demanding discounts and better terms on Iranian crude, oil analysts and sanctions advocates said in interviews.
EU Iran Oil Embargo Over Nuclear Work Said Likely to Be Delayed Six Months
By Thomas Penny and Nicole Gaouette - Jan 13, 2012 1:10 AM GMT+0100
A European Union embargo on imports of Iranian (OPCRIRAN) oil will probably be delayed for six months to let countries such as Greece, Italy and Spain find alternative supplies, an EU official with knowledge of the talks said.
The embargo, which would need to be accepted by the 27- nation bloc’s foreign ministers on Jan. 23, also is likely to include an exemption for Italy, so crude can be sold to pay off debts to Rome-based Eni SpA (ENI), Italy’s largest oil company, according to the official, who declined to be identified because the talks are private.
A European Union embargo on imports of Iranian (OPCRIRAN) oil will probably be delayed for six months to let countries such as Greece, Italy and Spain find alternative supplies, an EU official with knowledge of the talks said.
The embargo, which would need to be accepted by the 27- nation bloc’s foreign ministers on Jan. 23, also is likely to include an exemption for Italy, so crude can be sold to pay off debts to Rome-based Eni SpA (ENI), Italy’s largest oil company, according to the official, who declined to be identified because the talks are private.
Bloomberg Suffers, Too, in Collapse of MF Global
By AZAM AHMED and BEN PROTESS
The collapse of MF Global has wreaked havoc on farmers, ranchers and other investors who were clients of the brokerage firm, prompting a loud outcry over the disappearance of $1.2 billion in customer cash.
But they are not the only ones to suffer. The financial information giant Bloomberg L.P. lost about 600 subscriptions to its computer terminals — which translates to nearly $1 million in monthly revenue — after MF Global filed for bankruptcy on Oct. 31.
The collapse of MF Global has wreaked havoc on farmers, ranchers and other investors who were clients of the brokerage firm, prompting a loud outcry over the disappearance of $1.2 billion in customer cash.
But they are not the only ones to suffer. The financial information giant Bloomberg L.P. lost about 600 subscriptions to its computer terminals — which translates to nearly $1 million in monthly revenue — after MF Global filed for bankruptcy on Oct. 31.
Iran Oil Blockage: US Imposes Sanctions on Chinese Firm
By Aparajita Das: Subscribe to Aparajita's RSS feed
January 13, 2012 2:57 AM EST
US Secretary of State Hillary Clinton has imposed sanctions against China's state-run Zhuhai Zhenrong oil company and two other companies for continuing oil business with Iran.
The sanctions have been imposed on the Chinese company, along with the Singapore-based Kuo Oil Ltd. and UAE's FAL Oil Co. Ltd., under the Iran Sanctions Act of the US.
In a notice released by the Department of State, the US government has said that it is working with other countries to maintain pressure on the Iranian government to give up its nuclear programme. The US and other western allies allege that Iran is readying nuclear weapons.
January 13, 2012 2:57 AM EST
US Secretary of State Hillary Clinton has imposed sanctions against China's state-run Zhuhai Zhenrong oil company and two other companies for continuing oil business with Iran.
The sanctions have been imposed on the Chinese company, along with the Singapore-based Kuo Oil Ltd. and UAE's FAL Oil Co. Ltd., under the Iran Sanctions Act of the US.
In a notice released by the Department of State, the US government has said that it is working with other countries to maintain pressure on the Iranian government to give up its nuclear programme. The US and other western allies allege that Iran is readying nuclear weapons.
Strong Chinese gold buying buoys bullion's appeal
Author: Nicholas Larkin (Bloomberg)
Posted: Friday , 13 Jan 2012
Gold traders are the most bullish they have been in two months after data indicated that China imported record levels of gold from Hong Kong
Posted: Friday , 13 Jan 2012
Gold traders are the most bullish they have been in two months after data indicated that China imported record levels of gold from Hong Kong
Gold Prices up for 3rd Day, Hit 1-Month High
By Frank Tang and Jan Harvey
January 12, 2012 6:03 PM EST
(REUTERS) -- Gold rose to a one-month high on Thursday, as comments by the president of the European Central Bank on cheap money stabilizing the region's banking system extended the metal's gain to a third consecutive day.
January 12, 2012 6:03 PM EST
(REUTERS) -- Gold rose to a one-month high on Thursday, as comments by the president of the European Central Bank on cheap money stabilizing the region's banking system extended the metal's gain to a third consecutive day.
Obama Starts Clock for Congress to Vote on Raising Federal Debt Ceiling For Another $1.2 Trillion In Government Borrowing Authority
President Barack Obama asked Congress for another $1.2 trillion in government borrowing authority, the third and final request under an August deal with lawmakers that averted a U.S. default.
The president’s notification to congressional leaders yesterday starts a 15-day countdown for lawmakers to consider and vote on a joint resolution disapproving of the increase.
The president’s notification to congressional leaders yesterday starts a 15-day countdown for lawmakers to consider and vote on a joint resolution disapproving of the increase.
People Don’t Buy Gold to Make Money; They Buy It Because They Have Money
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - GoldForecaster.com
-- Posted Thursday, 12 January 2012
Performance and Trading
You heard the saying, but what does it really mean? We live in a world where performance is stressed. Hedge funds can be measured on a monthly basis. Twenty percent charges on profits are levied by fund making their view short-term. Daily assessments are made, comparing one sector to another giving the impression that short-term performance is what it’s all about. But is it? No it is not.
Just look at where real wealth resides and why it’s there. Old Money means wealth held for many generations. How can wealth be held in this way, and how was it made up? While that’s a huge subject and one we cannot cover here, it’s important for you to realize that this was not made on a monthly, trading basis. It certainly was not made through day or week or month trading. Many traders do well several times and then on a “certainty”, go into an investment that costs them their past profits, and more –this is more akin to gambling. Looking at a month to month trading performance as the measure of investing ability, the investment manager is being measured on his ability to trade short-term and not on his investment abilities. Genuine wealth-building ability is a far broader subject than this, as the wealthy know.
-- Posted Thursday, 12 January 2012
Performance and Trading
You heard the saying, but what does it really mean? We live in a world where performance is stressed. Hedge funds can be measured on a monthly basis. Twenty percent charges on profits are levied by fund making their view short-term. Daily assessments are made, comparing one sector to another giving the impression that short-term performance is what it’s all about. But is it? No it is not.
Just look at where real wealth resides and why it’s there. Old Money means wealth held for many generations. How can wealth be held in this way, and how was it made up? While that’s a huge subject and one we cannot cover here, it’s important for you to realize that this was not made on a monthly, trading basis. It certainly was not made through day or week or month trading. Many traders do well several times and then on a “certainty”, go into an investment that costs them their past profits, and more –this is more akin to gambling. Looking at a month to month trading performance as the measure of investing ability, the investment manager is being measured on his ability to trade short-term and not on his investment abilities. Genuine wealth-building ability is a far broader subject than this, as the wealthy know.
Outlook for 2012 and Keeping Your Emotions Away From Your Silver
Dr. Jeff Lewis and Grant Williams
|
January 12, 2012 - 1:49pm
Grant Williams: I think the silver market is such a crazy place to be and we see some real violent moves. It’s important to try and keep a sense of balance because the way things trade, particularly in silver, it’s easy to get fixated upon an idea and to blame every move on that particular idea. In the case of silver, the big theory about silver is the manipulation of the COMEX futures. Now, I’ve written a lot about this in the past. I definitely think there’s no smoke without a fire. It’s a dangerous game to sort of ascribe every single move in an instrument to a construct that has yet to be proven beyond any doubt. While I suspect there is definitely something untoward going on the silver futures as Bart Chilton has intimated in his comments this past year. I think it’s a very dangerous game to not have a balance, to just simply look at the way markets behave, look at the extraneous events that may have an effect and cause the de-leveraging or liquidation and to try and get a more rounded picture of why something moves now.
|
January 12, 2012 - 1:49pm
Grant Williams: I think the silver market is such a crazy place to be and we see some real violent moves. It’s important to try and keep a sense of balance because the way things trade, particularly in silver, it’s easy to get fixated upon an idea and to blame every move on that particular idea. In the case of silver, the big theory about silver is the manipulation of the COMEX futures. Now, I’ve written a lot about this in the past. I definitely think there’s no smoke without a fire. It’s a dangerous game to sort of ascribe every single move in an instrument to a construct that has yet to be proven beyond any doubt. While I suspect there is definitely something untoward going on the silver futures as Bart Chilton has intimated in his comments this past year. I think it’s a very dangerous game to not have a balance, to just simply look at the way markets behave, look at the extraneous events that may have an effect and cause the de-leveraging or liquidation and to try and get a more rounded picture of why something moves now.
Vietnam to import 2.1 tonnes of Gold
HANOI (Commodity Online): The Vietnam State Bank is reportedly readying to allow close to 2.1 tonnes of Gold imports into the country
As per the state television channel, more than 10 companies have been granted quotas by the central bank to import gold.
As per the state television channel, more than 10 companies have been granted quotas by the central bank to import gold.
Asian demand, risk on trade, dollar lift Comex gold, silver
NEW YORK (Commodity Online): Comex Gold and Silver have hit roughly one-month highs. Gold has developed a solid bid from reports of Asian demand, says Sterling Smith, commodity trading adviser and analyst with Country Hedging.
NYT Responds on Iran Alarmism
1/10/12
New York Times public editor Arthur Brisbane has responded to concerns raised in a FAIR action alert last week (1/6/12), agreeing that the paper wrongly suggested that the International Atomic Energy Agency has concluded that Iran is developing a nuclear weapon.
New York Times public editor Arthur Brisbane has responded to concerns raised in a FAIR action alert last week (1/6/12), agreeing that the paper wrongly suggested that the International Atomic Energy Agency has concluded that Iran is developing a nuclear weapon.
SilverDoctors: Eric Sprott: The Financial System is a Farce
SilverDoctors: Eric Sprott: The Financial System is a Farce: Sprott Asset Management has emailed subscribers part three of Eric Sprott's The Financial System is a Farce series. The Financial System ...
SilverDoctors: US Mint Silver Eagles Sales Reach 4.6 Million Ounc...
SilverDoctors: US Mint Silver Eagles Sales Reach 4.6 Million Ounc...: On Monday, we advised that US Mint Silver Eagle sales had reached 3.957 million oz for the first week of 2012 - and 800,000 ounces over the...
SilverDoctors: Theft, RICO Lawsuit Targets MF Global, CME Group, ...
SilverDoctors: Theft, RICO Lawsuit Targets MF Global, CME Group, ...: A massive class-action RICO lawsuit has been filed in US District Court in the Southern District of New York against MF Global, the CME Grou...
SilverDoctors: Brink's Receives Identical 596,741 Ounce Deposits ...
SilverDoctors: Brink's Receives Identical 596,741 Ounce Deposits ...: Brink's received its daily 600,000 oz silver deposit Wednesday, but the 596,741 ounce deposit magically appeared in both Eligible AND Regist...
SilverDoctors: MF Global Trustee: "We Might Not Be Able to Pay Cl...
SilverDoctors: MF Global Trustee: "We Might Not Be Able to Pay Cl...: JP Morgan...ahem....MF Global trustee James Giddens today stated that " at this point we're not in a position to make a transfer " - meaning...
SilverDoctors: Dear Sir or Madam-
SilverDoctors: Dear Sir or Madam-: Dr. Bakare Tunde Obama III, the cousin of Nigerian Astronaut, Barrister Jon Corzine has accumulated and segregated customer accounts, fli...
SilverDoctors: Obama Calls for Debt-Limit Hike
SilverDoctors: Obama Calls for Debt-Limit Hike: Fire up the printers and a word about our friends over at the Morgue.
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