Wednesday, August 15, 2012
Volume and Volatility Vanish
As real persons exit the market all that is left is the machines trading between each other.
Soros and Paulson 'Stack the Smack'
From Bloomberg Business WeekOriginal source
Billionaire investors George Soros and John Paulson increased their stakes in the biggest exchange- traded fund backed by gold as prices posted the largest quarterly drop since 2008.
Soros Fund Management more than doubled its investment in the SPDR Gold Trust to 884,400 shares as of June 30, compared with three months earlier, a U.S. Securities and Exchange Commission filing for second-quarter holdings showed yesterday. Paulson & Co. increased its holdings by 26 percent to 21.8 million shares.
Gold slumped 4 percent in the second quarter, the biggest such loss since Sept. 30, 2008. Prices fell as European Central Bank President Mario Draghi and Federal Reserve Chairman Ben S. Bernanke failed to increase stimulus measures, damping the outlook for global growth and demand for the metal as a hedge against inflation. The price is little changed since end-June.
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Standard Chartered Settles with NY For $340 Million
Looks like Standard Chartered have come to an agreement on the amount of shakedown money required for the new regulator on the block to go away.
Just as Max & Stacy said it would happen....
Alex Jones talks to Lew Rockell
Aug 14, 2012 by TheAlexJonesChannel
On the Tuesday, August 14 edition of the Alex Jones Show, Alex talks with political commentator, activist, proponent of the Austrian School of economics, and chairman and CEO of the Ludwig von Mises Institute, Lew Rockwell.
On the Tuesday, August 14 edition of the Alex Jones Show, Alex talks with political commentator, activist, proponent of the Austrian School of economics, and chairman and CEO of the Ludwig von Mises Institute, Lew Rockwell.
Bahrain update
Aug 14, 2012 by RussiaToday
There have been more clashes in Bahrain, as a crucial court ruling looms for prominent human rights activist, Nabil Rajab, whose prosecution is hardening the country's opposition. Most of the violence flared in the country's biggest city - Aali where tear gas and rubber bullets were used to disperse the crowds. For more, RT talks to geopolitical analyst Patrick Henningsen who works for the current affairs 'UK Column' web site.
There have been more clashes in Bahrain, as a crucial court ruling looms for prominent human rights activist, Nabil Rajab, whose prosecution is hardening the country's opposition. Most of the violence flared in the country's biggest city - Aali where tear gas and rubber bullets were used to disperse the crowds. For more, RT talks to geopolitical analyst Patrick Henningsen who works for the current affairs 'UK Column' web site.
Ecuador soon to decide on Assange's fate?
Aug 14, 2012 by AlJazeeraEnglish
Ecuador's president said that he will decide by Wednesday whether to grant political asylum to WikiLeaks founder Julian Assange. Assange took refuge at the Ecuadorean embassy in London two months ago in an attempt to avoid extradition to Sweden where he wanted for questioning over alleged sexual misconduct. Assange and his lawyers are convinced that an extradition to Sweden would allow the US to launch its own extradition bid over WikiLeaks publication of thousands of secret US diplomatic cables two years ago. Al Jazeera's Paul Brennan reports from London.
Olympic Hangover: UK in race to save economy
Aug 14, 2012 by RussiaToday
Britain's military chief planner for the Olympics claims it'll take two years for the operation of the armed forces to return to full strength. That's after 18,000 troops had to be diverted to the Olympics to plug a security gap. The government had to draft in soldiers at the last minute, after the private firm charged with the job failed to get enough security staff ready. On top of that, the authorities demanded that ground-based air defense systems be deployed in and around London during the Games to repel terror attacks. Now that the sports fever is over, Britain's got a lot on its hands, as Laura Smith reports.
Britain's military chief planner for the Olympics claims it'll take two years for the operation of the armed forces to return to full strength. That's after 18,000 troops had to be diverted to the Olympics to plug a security gap. The government had to draft in soldiers at the last minute, after the private firm charged with the job failed to get enough security staff ready. On top of that, the authorities demanded that ground-based air defense systems be deployed in and around London during the Games to repel terror attacks. Now that the sports fever is over, Britain's got a lot on its hands, as Laura Smith reports.
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