Where did the fake orders for 191,000,000 barrels of oil (1,000 per contract) go?
Short-term, oil prices are a function of sentiment and manipulation. Here's how that works.
Well, it’s been a rotten month.
China did everything it could to prevent a collapse and it still happened. How do you think other countries will do?
It's not a good time for this.
Bill Ackman had a $1Bn shortfall to cover (allegedly) in his Pershing Square Fund.
Suppose you could print up counterfeit dollars, euros or yen that were identical to the real things. Fun, you think? Here's how it plays out.
The stories make you want to take all of your money out of the stock market and put it in your mattress!
Phil is interviewed on Money Talk where he outlines some option trade ideas.
Capture, corruption, irreparable harm--and little hope for change.
Tax time, but not pay-up time.
There's an all-out Global currency war being waged and yesterday the Dollar was the clear winner.
These are indeed scary times for the corrupt kleptocrats of China.
The Nikkei shot up last night because the Yen was weak and, best of all, Japan's $1.25Tn pension fund will be handing money to the Banksters to put into the stock market.
Being a kleptocratic crook in China is now becoming a higher risk proposition.