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UK Millionaires Will Become Poor!

Follow ZeroHedge in Real Time on FinancialJuice A report just out by Coutts (the private wealth-management bank) has pointed the wagging finger at British rich and famous, the millionaire’s club for...

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October FOMC Week Starts With Traditional Overnight Meltup

Just as it is easy being a weatherman in San Diego (“the weather will be… nice. Back to you“), so the same inductive analysis can be applied to another week of stocks in Bernanke’s centrally planned...

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Frontrunning: December 27

Millions of Tons of Metals Stashed in Shadow Warehouses (WSJ) Moguls Rent South Dakota Addresses to Dodge Taxes Forever  (BBG) Fastest Japan Inflation Since ’08 Stokes Wage Pressure (BBG) Thai crisis...

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My SEC Warning Regarding RBS Prescient As Biggest Loss Since Crisis on...

Bloomberg reports Royal Bank of Scotland Group Plc, Britain’s biggest government-owned lender, is on track for its largest pretax loss since 2008 after setting aside 3.1 billion pounds more ($5.1...

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Scandal: Bank Of England Encouraged Currency Manipulation By Banks

Raise your hand if you are surprised that, as has emerged, virtually every major bank was manipulating currencies (and everything else) whether as part of the “Bandits’ Club”, the “Cartel” or some...

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UK Housing Boom Could Turn To Bust … Again

Today’s AM fix was USD 1,295.00, EUR 942.09 and GBP 779.14 per ounce. Yesterday’s AM fix was USD 1,314.50, EUR 952.74 and GBP 794.98 per ounce. Gold bullion dropped to its lowest level in six weeks in...

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UK Bank RBS Has ‘£100 Billion Black Hole’& In ‘Danger Of Failing’– Bail-Ins...

Today’s AM fix was USD 1,255.00, EUR 920.70 and GBP 746.67 per ounce. Friday’s AM fix was USD 1,254.00, EUR 919.96 and GBP 745.90 per ounce. Gold fell $0.20 or 0.02% Friday to $1,252.90/oz. Silver was...

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Bank CEOs are the New Drug Lords

Bank CEOs are the New Drug Lords. Here is a list of some of the banks managed by Bank CEOs, aka the new Drug Lords, that were fined billions of dollars for fixing LIBOR rates and stealing money from...

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A Close Encounter With Jon Corzine

Submitted by Erico Matias Tavares of Sinclair & Co. A Close Encounter With Jon Corzine We got caught in the MF Global debacle as a client of their UK subsidiary. Little did we know at the time that...

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A Stunning Admission From A BOE Central Banker: This Is What The Coming...

Back in early 2009, just around the time the Fed announced it would unleash QE1, we warned that any attempt to reflate the debt (a pathway which ultimately leads to hyperinflation as monetary paradrops...

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Frontrunning: December 15

Global stocks rise but oil, Fed keep investors nervous (Reuters) Janet Yellen: An orthodox economist for unorthodox times (Reuters) House Democrats Said to Be Open to Lifting Oil Export Ban (BBG)...

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The Mystery Of Dubai’s Vaporized Gold: The Plot Thickens

Earlier this week, we told a fascinating story about an unprecedented, multi-year smuggling ring involving Turkey, Iran, and Dubai (as well as China, Russia and countless other nations) which saw...

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On The Trail Of Dubai’s Stolen Gold: A Robbed Client Breaks The Silence, And...

On Christmas Day, 2015, we told our readers the fascinating tale about the Turkish-Iranian gold smuggling ring – perhaps the biggest and most brazen in history, one which lasted for years, which saw...

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ZeroHedge: The ‘Real’ Price Of Oil Is Below $17

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. "You see a big destruction in the income of the oil and commodity producers," exclaims on analyst but, as...

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ZeroHedge: Oil, War, & Drastic Global Change

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Raul Ilargi Meijer via The Automatic Earth blog, The first thing that popped into our minds on...

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