Sunday, December 15, 2013

Keiser Report with Jeff Berwick

From RT

Published on Dec 14, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the debt incest cult operating on Wall Street in which JP Morgan's Sons and Daughters mate two units of related debt for four generations and thus spawning a deformed and cross-eyed credit market.

In the second half, Max interviews Jeff Berwick of DollarVigilante.com about the great Bitcoin divide in the libertarian community and about the great migration from the USA to Mexico and beyond by Americans seeking more liberty and freedom.


Deutsche Bank Probed over the Gold and Silver Fix

From reuters.com

Article link

Dec 13 (Reuters) - German banking regulator Bafin has demanded documents from Deutsche Bank as part of a probe into suspected manipulation of benchmark gold and silver prices by banks, the Financial Times reported, citing sources.

Bafin has interrogated the bank's staff during several on-site inspections over the past few months, the newspaper said on its website, citing people familiar with the matter.()

Currently, gold fixing happens twice a day by teleconference with five banks: Deutsche Bank, Bank of Nova Scotia-ScotiaMocatta, Barclays Bank Plc, HSBC Bank USA, NA and Société Générale. The fixings are used to determine prices globally.

Deutsche Bank is also one of three banks that take part in the equivalent process for silver.

In the wake of the recent Libor interbank lending scandal, questions have been raised about how benchmark rates are set, prompting authorities and banking industry bodies worldwide to overhaul rate-setting processes.

Read more

Saturday, December 14, 2013

Iceland jails four 'banksters' in financial fraud case

From RT

Published on Dec 13, 2013

Four former bank bosses in Iceland have been jailed for financial fraud. They were accused of hiding the fact a Qatari investor bought into the firm, with money lent illegally by the bank itself. It went bust in 2008, helping to cripple Iceland's economy.


SGT Report with Jeff Nielson

From SGTreport.com

Sprott Money News with David Morgan

From Sprott Money


Keiser Report: US oil vigil for price of Cold War

From RT

Published on Dec 12, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss Commie-Pus and the $8 trillion wasted by the US taxpayer in protecting the flow of oil out of the Strait of Hormuz where more than 50% heads to Asia.

In the second half, Max interviews Liam Halligan of Telegraph.co.uk about the Chancellor's Autumn Statement and mis-statements, about Liam's forecast for Russia to be the largest economy in Europe by 2020 and they ask whether or not the Iran peace deal means Saudi Arabia is just not that important in a post-peak world.


Weekend Chillout - Turning Back Time

Again this week bitcoin stole the headlines with an epic crash in price, and a less reported recovery, on the back of Chinese market sensitive news. Of course the nae-sayers were out in force, although I suspect they hate bitcoin as they can't turn back time and buy some when it was cheap.