"Adjusted by aggregate market return, the average return of smart beta indexes drops from 2.77% per year 'on paper' before ETF listing to -0.44% per year after ETF listing..."
The LBMA bullion banks and Bank of England couldn't care less about transparency, but are pretending to care so as to keep the LBMA-COMEX gold pool show on the road a bit longer.
We found truck drivers loaded up with $262,898; city painters making $270,190; firefighters earning $316,306; and plumbing supervisors cleaning up $348,291 every year. One deputy sheriff earned $574,595 last year – including $315,896 in overtime.
Senior editor, Ash Bennington, hosts Dave Floyd, founder of Aspen Trading, to discuss the levels he’s looking at after U.S. equity markets cratered today. Dave…
"The real danger comes from encouraging or inadvertently tolerating rising inflation and its close cousin of extreme speculation and risk-taking, in effect standing by while bubbles and excesses threaten financial markets" - Paul Volcker