LATEST NEWS : Swiss National Banks looking now at Capital Controls

Less than a day after the head of the SNB hinted at the possibility of capital control, the head of the largest Swiss cantonal bank, and the fourth largest Swiss Bank, the Zurich Cantonal Bank or ZCB, came out and explicitly said what so many fear (and which warning they would ascribe to as the […]

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LATEST NEWS: Meet Your Newest Legislator: Citigroup

Citigroup is the Wall Street mega bank that forced the repeal of the Glass-Steagall Act in 1999; blew itself up as a result of the repeal in 2008; was propped back up with the largest taxpayer bailout in the history of the world even though it was insolvent and didn’t qualify for a bailout; has […]

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LATEST NEWS: Commodity Trading Giant Exits Physical Gold Due To "Lack Of Physical With A Documented Origin"

Back in March, otherwise very under-the-radar Swiss commodities trading giant Gunvor [10] and the fifth largest oil trader in the world, made headlines in the press when one of its then-Russian owners, billionaire Gennady Timchenko (estimated net worth of $8.5 billion), sold his entire 44% stake in the company to his partner in the firm, […]

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LATEST NEWS: A Greek island – yours for the price of a London flat

Fed up with Britain’s icy blasts and soaring house prices? Then why not bask in the sun and paddle the azure seas from the shores of your own Greek island. You may have to share living space with goats, but with more than 20 Greek islands for sale, Brits can live out their Mamma Mia! […]

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LATEST NEWS: Gold Prices Manipulated for Past Two Years?

Since the beginning of 2013, gold’s price action has been irrational. The fundamentals are getting better for gold in respect to demand and supply, but we see sudden, wild swings, often to the downside, on no news and for no apparent reason. Those who closely follow precious metal prices will agree with me on this: […]

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LATEST NEWS: Russia launches ‘wartime government’ HQ in major military upgrade

Russia is launching a new national defense facility, which is meant to monitor threats to national security in peacetime, but would take control of the entire country in case of war. continue reading at rt.com 

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LATEST NEWS : Russell – Total Collapse & The Monetary Story Of The Century

With historic events taking place around the globe, the Godfather of newsletter writers, 90-year old Richard Russell, put out one of his most dire warnings of the year, covering everything from missing U.S. gold, to the complete collapse and destruction of all global fiat currencies and the world monetary system.  The 60-year market veteran also […]

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LATEST NEWS: Here Comes France: Right-Wing Leader Marine Le Pen Demands Central Bank Repatriate French Gold

First Germany, then the Netherlands, perhaps Switzerland this weekend, and now the French right-wing Front National, which shockingly came first [15]in May’s European parliament elections, and whose leader Marine Le Pen is currently polling in first place [16]in a hypothetical presidential election (in both a first and run off round), ahead of president Hollande, has […]

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LATEST NEWS : Global Business Confidence Collapses To Post-Lehman Lows

As we noted here, [12] despite record high stock prices and talking-heads imploring investors to believe CEOs are confident, they are not (consider the clear indication of a lack of economic confidence from tumbling capex and soaring buybacks), That is further confirmed today as Markit’s survey of over 6000 firms [13] showed optimism falling sharply […]

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LATEST NEWS : Are the Precious Metals shorts at their come to Jesus moment?

The US dollar is still under the support of the London traders with the current value set at 87.82,  up 10.9 points after their attempt to push it above 88.00 again.   Treasuries are elevated as well making up for the losses from yesterday as we see the central planners once again attempting to tell the […]

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