LATEST NEWS : JPMorgan in talks to buy Argentine holdout bonds, among other options: DJ

JPMorgan is discussing the possibility of buying Argentina’s sovereign debt from a group of dissident bondholders, Dow Jones reported on Thursday, citing sources familiar with the matter. The South American nation is fighting a court decision that determined it must treat all bondholders the same, despite a massive restructuring agreement stemming from its default more than a decade […]

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LATESt NEWS : Paul Singer: This threat is 'head-and-shoulders' above all others

Billionaire hedge fund manager Paul Singer has issued an unusual warning for investors, calling the threat of a widespread blackout from an electromagnetic surge the “most significant danger” in the world. continue reading at cnbc.com

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LATEST NEWS : Gold Shines Again as Hedge Funds Boost Wagers on Advance

Gold is precious again. After investors sent bullion tumbling in 2013 by the most in three decades and kept dumping the metal earlier this year, demand is now up and prices are defying bearish forecasts. Money managers increased net-long positions for a fourth straight week through July 1 and holdings in exchange-traded products are climbing […]

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Rickards: The China bubble is bursting

Amid weaker U.S. growth and volatility in capital markets, China stands out as a beacon in the minds of many investors. It is widely assumed that China will continue to grow at about 7% without interruption and will, in time, surpass the United States as the largest economic power in the world. This China growth […]

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Hedge Funds Raise Gold Bull Bets as Paulson Holds: Commodities

Hedge funds raised bullish gold wagers to a three-month high as signs of slowing U.S. economic growth spurred demand for haven assets. Billionaire John Paulson maintained his bullion holdings last quarter. The net-long position climbed 17 percent to 69,291 futures and options in the week ended Feb. 11, U.S. Commodity Futures Trading Commission data show. Long wagers rose […]

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Did Soros Just Predict a China Crash?

“George Soros probably shouldn’t expect any warm invitations to Beijing — not with the much-reviled short seller warning of a giant Chinese crash. The billionaire first shook a major government in September 1992, when he led an attack on the British pound. For his role in humiliating London and forcing John Major’s government to exit the […]

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Buffett Calls Federal Reserve History’s Greatest Hedge Fund

“Billionaire investor Warren Buffett compared the U.S. Federal Reserve to a hedge fund because of the central bank’s ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion.”   Continue reading on bloomberg.com

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How Big Banks Can Steal Your Home From You Even If Your Mortgage Is Totally Paid Off

“Did you know that the big banks have a way to legally steal your house from you even if you don’t owe a single penny on your mortgage?  Big banks and hedge funds are buying billions of dollars worth of tax liens from local governments all over the nation, and they are ruthlessly foreclosing on […]

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China Prepares to Bail Itself Out

“There has been an increase in the value of non-performing loans (NPLs) in the banking system since Q3 2011 (see Chart below), as the economy has slowed. At face value, this problem does not yet appear too serious, given that NPLs are less than 1% of outstanding loans, according to official data. However, the real figure […]

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