Yet Another Reason Not to Trust the Big Commercial Investment Firms

Thursday, June 3rd, 2010

by In June 2007, Reuters reported the following story: Morgan Stanley will pay $4.4 million to settle a class-action lawsuit with brokerage clients who bought precious metals and paid storage fees, according to a court filing. The proposed settlement, which must be approved by the federal court in Manhattan, includes a cash component of $1.5 […]

The REAL Story Behind the Big Australian Bank Customer Gouging Policies

Thursday, June 3rd, 2010

by Today, a Sydney Morning Herald analysis of a Reserve Bank of Australia report discovered that “The big four Australian banks [ANZ, Commonwealth, NAB, and Westpac] have used the cover of the global financial crisis to charge borrowers more than the increase in their own costs, resulting in big profits for the lenders and much […]

The True Reason Behind the CFTC’s Revocation of Exemptions in Position Limits in Wheat, Corn, and Soybeans

Tuesday, August 25th, 2009

by Last week, many analysts that were looking for some clue as to whether the CFTC will establish reasonable position limits in gold/silver futures markets and additionally not grant bullion banks (i.e. HSBC and JP Morgan) exemptions to these position limits in the near future were encouraged by the below CFTC press release. Washington, DC […]

Possible Links to a Coming Bank Holiday in the Ongoing $134.5 Billion Bearer Bond Mystery

Thursday, July 16th, 2009

by Since the time I wrote the first article about this event, “The Strange Inconsistencies of the $134.5 Billion Bearer Bond Mystery”, there has been virtual silence in the media regarding any follow-up to this story. However, a little Italian-based website called reported the below story a couple of weeks ago that contained even […]

FBI Investigates SEC Employees for Insider Trading

Friday, May 15th, 2009

by Below is a story that originated out of London today. In any event, it ties in nicely with my How the Financial Elites Enronized America story, so I’m just reposting it below for a quick review. It should be a self-evident truth that an honor system among regulators that have consistently failed to regulate […]

Hidden Conflicts of Interest Often Provide the Motive for Financial Experts’ Statements

Thursday, May 7th, 2009

by Often, during confusing economic times, people turn to icons in the investment world such as Warren Buffet and bond king Bill Gross for direction and blindly absorb the opinions of such men as their own without any critical analysis. To allow a handful of prominent men to guide the direction of public debate regarding […]

In Today’s Difficult Investment Environments, Technical and Fundamental Analysis Alone Won’t Work

Wednesday, February 18th, 2009

by 18 February, 2009 In an extremely difficult investment environment, it is often difficult to know who to believe. Deflation or inflation? Have financial stocks bottomed or do they have much more to fall? When gold corrects sharply, is the gold bull over or still alive? Is oil heading to $20 a barrel or $80 […]

The New SEC Illegal Short Selling Law: Does it Really Do Anything to Help Solve our Financial Crisis?

Friday, September 19th, 2008

by September 19, 2008 Today, before market open, the SEC announced that all short selling on U.S. financial stocks will be illegal for an indefinite and unqualified period of time (Update: actually the SEC has now qualified the period as ending on October 2, 2008 since I first wrote this article, though they have declared […]

Why Following the Leaders Will Generate More Portfolio Losses

Thursday, July 10th, 2008

by July 10, 2008 – If you’ve suffered stock losses this year, this will be the most important article you will read. Back on April 23, 2008, I wrote an article called “Will the U.S. Markets Crash Now — Or Later?” and I opened the article with the statement: “Every time I’ve written about the […]

A Closer Look at Recent Upbeat Earnings Announcements – Don’t Believe the Hype

Thursday, April 17th, 2008

by April 17, 2008 – On April 15th, the U.S. markets rallied, with the DJIA adding more than 250 points (2.08%) and the S&P 500 adding more than 30 points (2.27%). Of course, this brought out the mandatory Wall Street cheerleaders and numerous stories that FINALLY, it appears that the U.S. markets are starting to […]