Tag Archives: NYSE:JPM
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
Gold Cracks $1600 Alleviating Backwardation
On Sunday evening during Asian trading gold (AMEX:GLD) was trading in backwardation, a state where the front month cutures contract was trading at a higher price than future month contracts. … 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
Lie-Bor-Gate and Bankers Eating Their Young
The uncovering of the worst kept secret in the world and subsequent criminal investigation, the fixing of the LIBOR by no less than 20 different European Banks, well below 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
J.P. Morgan’s CIO Prop Desk Blows Up
And I can’t stop laughing. The official figure that Jamie Dimon quoted in the impromptu conference call that had to be cobbled together to fend off the news that Standard… Read more
Bernanke Sneezes and Gold and Silver Fall Dead
I don’t know about you, but I have serious reservations about any one man having the kind of power that the Chairman o the Federal Reserve has. I said yesterday… Read more
