Category: Manipulation

High Frequency Trading Gone Mad! (Podcast)

High Frequency Trading Gone Mad! (Podcast)

Erik Townsend and Aaron Chan welcome Eric Hunsader to MacroVoices. Erik and Eric discuss: Regulation National Market System (NMS), securities information processors (SIPs), high-frequency trading (HFT), and latency arbitrage Eric’s incredible story of exposing the NYSE’s selling of higher-speed data...

Contagion from Italy’s Bank Meltdown Spreads

Contagion from Italy’s Bank Meltdown Spreads

There’s a pervasive sense of inevitability to Italy’s banking crisis.  By Don Quijones Without a taxpayer-funded bailout that directly contravenes the Eurozone’s new bail-in rules, the world’s oldest surviving bank, Monte Dei Paschi, could soon be out of business. Shares...

Italy’s Ailing Financial System and Weak Banks ‘Risk Destroying Eurozone’

Italy’s Ailing Financial System and Weak Banks ‘Risk Destroying Eurozone’

The Italian financial system has been in bad shape for years, but Brexit has put additional pressure on Italian banks that have struggled under the deadweight of bad loans. If not dealt with, the financial system of the third largest...

Why Real Reform Is Impossible: We Can’t Believe the Mighty Titanic Could Actually Sink

Why Real Reform Is Impossible: We Can’t Believe the Mighty Titanic Could Actually Sink

Unfortunately for those partying on the upper First Class decks, they are as doomed as the steerage passengers when the ship goes down.  Why did passengers remain on the Titanic even as its bow sank deeper into the ice-cold Atlantic? They believed...

Here’s What Happens When the World Overdoses on Debt

Here’s What Happens When the World Overdoses on Debt

Bonds are no longer assets. They’re liabilities. You might find this hard to believe. After all, most folks think of bonds as a safe way to grow their money. For decades, you could make a decent return of 5% or...

It Begins, Negative Interest Rates On Deposits In The Largest Dutch Bank

It Begins, Negative Interest Rates On Deposits In The Largest Dutch Bank

Greece has a new class of people, the neo-poor. Subprime financial corporation is holding back its earning report. Caterpillar sees 43 months of declining sales. Dallas Fed contracts again, the only thing that’s keeping it moving up is hope it...

Crude Oil Markets Smell a Rat

“It will be hard to find investors that are willing to go long.” “The worst is over.” That has been the meme in the oil business in the second quarter. Folks in Houston’s and Calgary’s office sector, companies that supply...

The Blind Leading the Clueless

The Blind Leading the Clueless

Most of us watch television. In part, we seek to be entertained, but, additionally, we often seek to be enlightened as to “what’s going on.” In a difficult era like the present one, in which some of the most prominent...

everything's rigged economic collapse dollar election

Waiting Through Prototypical Cartel Shenanigans, for the Next, Inevitable Precious Metals Upleg

It’s Monday morning, and the Yen/dollar exchange rate is unchanged from Friday’s close.  Thus, gold and silver should be unchanged, too – right?  Which I say facetiously, as the premise I wrote about Thursday, based on 15 years of tick-for-tick Precious...