Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked investors.
European stocks were more than 5 percent in the red and … Read the rest
Tag: Wall Street
The most important tower in the world
The tower in question is the primary microwave relay into the ill-named “New York” Stock Exchange which actually is located just off MacArthur Boulevard and Route 17 in Mahwah, New Jersey, and is arguably the “most important tower” in the … Read the rest
The ECB holding Europe hostage
The European Central Bank – ECB – invented yet another tool to hold Europe hostage vis-à-vis Russia
The ECB has just launched – effective 4 November 2014 – a new watchdog to control and regulate the European banking system. It … Read the rest
American financial markets bear no relationship to reality
By Paul Craig Roberts and Dave Kranzler
As we have demonstrated in previous articles, the bullion banks (primarily JP Morgan, HSBC, ScotiaMocatta, Barclays, UBS, and Deutsche Bank), most likely acting as agents for the Federal Reserve, have been systematically forcing … Read the rest
The Zionist-Anglo-Saxon caliphate vs BRICS
By Peter Koenig
Ever since the BRICS (Brazil, Russia, India, China and South Africa) expressed their unison through the formation of a joint Development Bank – Durban, South Africa on 27 March 2013 – the Zionist-Anglo-Saxon caliphate attempted to divide … Read the rest
Gold prices up
Gold was up $42.70 per ounce in trading today.
The New York spot price was $1,320.20
Also on Wall Street, investors remained in a record-setting mood Thursday.
The Standard & Poor’s 500 index closed at an all-time high for the … Read the rest
The US stockmarket is rigged says acclaimed author
The US stock market is rigged in favour of high-speed electronic trading firms, which use their advantages to extract billions from investors, according to the acclaimed author Michael Lewis.
In his new book Flash Boys: A Wall Street Revolt, Lewis … Read the rest
Three ‘suicides’ and a missing reporter all tied to Wall Street investigations
In a span of four days last week, two current executives and one recently retired top ranking executive of major financial firms were found dead.
Both media and police have been quick to label the deaths as likely suicides. Missing … Read the rest
Yellen had a passion for psycology, not economy
She’s about to become one of the most influential financial leaders in the world, but a classmate who sat in front of Janet Yellen at Brooklyn’s Ft. Hamilton HS says he was “shocked” at her career path.
“I … Read the rest
The dying dollar
Since 2006, the US dollar has experienced a one-quarter to one-third drop in value to the Chinese yuan, depending on the choice of base.
Now China is going to let the dollar decline further in value. China also says it … Read the rest
US: A third world country in 20 years?
During the second half of the 20th century the United States was an opportunity society. The ladders of upward mobility were plentiful, and the middle class expanded. Incomes rose, and ordinary people were able to achieve … Read the rest