Increasingly, under the mantra of liquidity, trading activity on Wall Street that would have resulted in criminal charges in another era is yawned at by regulators.
The week that Donald Trump shocked markets around the globe by getting himself elected President of the United States, Wall Street banks like Citigroup, JPMorgan Chase, Bank of America and others traded millions of shares of each other’s stocks – as well as trading millions of shares of their own publicly traded stock.
The trades were not directed to a regulated stock exchange like the New York Stock Exchange. Instead, the trades were conducted internally by the Wall Street bank’s own Dark Pool – an entity appropriately named for its darkness and hands-off regulation.
In an effort to create the illusion that there is some element of transparency about what is going on in these Dark Pools, Wall Street’s self-regulator, FINRA, began reporting three-week old trading data to the public on June 2, 2014. That’s when Wall Street On Parade first made the stunning discovery that the banks were trading in their own company stock. (See related articles below.)
The survey, conducted Feb. 1-5, found that 62% of Americans believe Trump “keeps his promises.” Fifty-nine percent believe he is a “strong and decisive leader, and 53% think he “can bring about the changes this country needs.”
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Silver Price To Surge As “Investors and Users Fighting Over Available Physical Supplies”
One of the world’s foremost silver analysts Theodore Butler has elaborated on another “powerful” bullish factor which “screams at us to buy silver”.
Why Europe Is Warning of Pax Americana’s End … Last year, the global security establishment was mildly worried about a growing U.S. disengagement overseas. This year, the worry has given way to a realization that the “liberal world order” — another name for Pax Americana — may be finished, and that new security arrangements are needed. That’s the conclusion that can be drawn from this year’s edition of the Munich Security Report, an agenda-setting document put out annually by the organizers of the Munich Security Conference, the world’s most prestigious geopolitical gathering. – The Economist
The Munich Security Conference is meeting later this week. High on its list will be the lack of clarity over the US military vision.
The 2017 conference will grapple with this lack of vision, understanding that Donald Trump and members of his team are unpredictable. Their statements mean nothing because one contradicts the other.
First it was Sweden, who’s people are so intoxicated by technology that it was not very difficult to get them to give up their cash to run on an entirely electronic financial system. Then in November India decided to jump on the Cashless Society bandwagon, only unlike their counterparts living in the Northern part of Europe, their citizens are the exact opposite and do not trust their government or banking system to take away physical cash from the economy.
Thus when it comes to creating a world without physical money it is on par with how half the world is content to be as sheep and follow the globalists desire to control every aspect of their spending, saving, and investing, while the other half is infused with the frequency of Populism, and realize that without the ability to control your own money in a physical form, then nearly all freedoms are permanently lost to the whims of elected and un-elected officials.
And people wonder why california is soooooo fucked up...
A popular duo of Russian pranksters have targeted a “differently abled” congresswoman, causing widespread outrage among advocates for the disabled.
Yes, we’re typing about Maxine Waters, who somehow still has a job as a “public servant”.
We were made aware of this insensitive prank yesterday afternoon, but had already written an article about Maxine’s penchant for soul-crushing corruption.
The always entertaining Nigel Farage was on fire again today in European Parliament. Farage correctly warned EP members about their desire for “more Europe” when citizens of nearly every country are fed up with the policy.
I feel like I am attending a meeting of a religious sect here this morning. It’s as if the global revolution of 2016, Brexit, Trump, the Italian rejection of the referendum, has completely bypassed you.
Berlin is bringing home its gold reserves stored in New York, London and Paris faster than scheduled, Germany’s central bank said Thursday.
The move is linked to surging euroskepticism, as new governments in France and Italy may ditch the single currency.
The German Bundesbank has already moved 583 tons of gold out of New York and Paris, planning to have a half of its gold back in Germany by the end of 2017, which is ahead of the 2020 plan. The rest will be split between the Federal Reserve Bank of New York and the Bank of England.
Actually they're just Bat Shit Crazy...
In what seems like a nod to violent protesters like the unhinged left-wing rioters who recently attacked Milo Yiannopoulos at UC Berkeley, Iowa State University scientists have published an analysis that claims global warming is the root cause behind the increase in violence we’re witnessing right now across society.
Not only does the analysis fall for the global warming climate hoax based on fraudulently manipulated temperature data and severe scientific fraud committed by the NOAA, it also seeks to dissociate violent left-wing rioters from any responsibility for their own behavior. In effect, the analysis asserts that “victims of global warming” are not responsible for their own hateful, destructive actions because, essentially, “the planet made them do it.”