Tag Archives: JPMorgan
Gold and Silver Close the Month at Round Numbers
In what was a very obvious push to limit the damage done to those short the metals this month, Gold (AMEX:PHYS) and Silver (AMEX:PSLV) both were sold with extreme prejudice… Read more
Gold and Silver Attacked on Options Expiry
Everything was proceeding apace this morning as Gold (AMEX:GLD) and Silver (AMEX:SLV) were in the process of being up strong for the third Friday in a row after a four… Read more
Drought in U.S. Has Futures and Obama’s Dander Up
The sheer audacity of Western central planners from Mario “Don’t Dare Short the Euro” Draghi to now President Barack “We Can Overcome Mother Nature” Obama has become so breathtaking it… Read more
U.S. Banks Join Brits in LIBOR Party
JPMorgan (NYSE:JPM) is not finally being hit with the ugly stick by the regulators regardless of the hopeful tone of this article by the Huffington Post, because we all know… Read more
Knight In High Frequency Armor?
It will be obvious in hindsight that the stresses at the edges of our obviously broken financial markets caused outlier events both incompetent and malevolent in nature. The latest bit… Read more
CME Reduced to Begging After Peregrine Fiasco
Hat tip to Zerohedge for this story, but it’s not like we couldn’t see this coming from a mile away since the hatchet job that was done on Silver last… Read more
Dow Jones Jumpers: Kraft Foods, JP Morgan and MacDonald’s Corp
Dow Jones Index fell by 0.65% to 12,653.12. Following stocks remained up despite correction at Wall Street. Kraft Foods Inc. (KFT) gained 0.97% to close at $39.4. The traded volume… Read more
Oil Rout Continues on U.S. Slow Down
The decline in commodities this summer is eerily similar to the one that happened in the summer of 2008. The difference this time is that Gold (AMEX:GLD) is most likely… Read more
CME Lowers Margin on Gold and Oil
Just in time for the summer doldrums, margin madness comes back to the commodity markets. Having pushed both markets to more politically manageable levels, the CME Group (CME) cut the… Read more
Another Day Another Enourmous Raid on Silver
Sigh. One has to wonder when these people will stop the madness. JPMorgan (NYSE:JPM) would have us believe that they are engaged in legitimate hedging on behalf of their clients. … Read more
BRICS Currencies Continue to Be Attacked
Since the SWIFT-Boating of Iran in March one can look back through the various forex crosses of the countries that have openly defied the United States, continuing to do business… Read more
Price Stability is the Word of the Day in Gold
The Federal Reserve’s primary mandate is to maintain price stability. As we critics of the Fed continue to point out, if they were so good at fulfilling this mandate then… Read more
