Border Gold's Michael Levy sits down with Doug Casey.
Tuesday, July 31, 2012
Banks cooperate for lower fines in Euribor probe
Original source
Several banks under investigation for suspected rigging of euro interest rates are cooperating with EU antitrust regulators in the hope of lower fines, two people familiar with the matter said on Monday, a move which puts the lenders at a higher risk of lawsuits.
The decision by the banks to disclose more about their knowledge of possible manipulation of the Euro Interbank Offered Rate (Euribor) is effectively an admission of wrongdoing and illustrates growing nervousness that they face a heavy penalty.
The European Commission is investigating possible manipulation of Euribor, the benchmark used when pricing bank lending in euros.
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Monday, July 30, 2012
Inside Story - The world's most disputed waters
Jul 30, 2012 by AlJazeeraEnglish
Tensions are rising in the South China Sea after China established a new city on a disputed island. Inside Story examines the world's most disputed waters and asks why China is making these seemingly provocative moves now.
Brother JohnF - Silver Update: The Last Bubble
Jul 29, 2012 by BrotherJohnF
Note: When John says Warren Buffet said that "Gold would be the last Bubble" - he was mistaken and meant to say George Soros.
Note: When John says Warren Buffet said that "Gold would be the last Bubble" - he was mistaken and meant to say George Soros.
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