Saturday, April 27, 2013

Egon Von Greyerz on Gold Shortages

Egon von Greyerz discusses the growing shortages of gold bullion and the factors behind the recent decline in prices. Listen to the KWN interview here

Everything Is Rigged: The Biggest Price-Fixing Scandal Ever

If banks can fix LIBOR then how easy would be in comparison to "fix" the London Gold and Silver Fix? ~ Tears

From Rolling Stone

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world's largest banks may be fixing the prices of, well, just about everything.

You may have heard of the Libor scandal, in which at least three – and perhaps as many as 16 – of the name-brand too-big-to-fail banks have been manipulating global interest rates, in the process messing around with the prices of upward of $500 trillion (that's trillion, with a "t") worth of financial instruments. When that sprawling con burst into public view last year, it was easily the biggest financial scandal in history – MIT professor Andrew Lo even said it "dwarfs by orders of magnitude any financial scam in the history of markets."

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David Morgan on The Daily Ticker

From silver

Weekend Chillout - Tweet Tweet

This week we heard the first fake Tweet, Tweet of the northern spring, and the markets were startled. But at least it gives me the chance to post a video of one of my favourite Aussie bands Little Birdy


Think Tank with Lee Camp

From breakingtheset