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The last time the FT penned an article on the topic of gold manipulation, titled "Gold price rigging fears put investors on alert" it was promptly taken down without much (any) of an explanation. Luckily, we recorded the article for posterity here

One of the star performers of 2014 has been gold. It started the year around $1200/oz and recently nearly got to $1400/oz before slipping back a bit. In a new note, Goldman argues that the rise in gold has been driven by three unsustainable factors

For the past five years we have been complaining about the two-tiered, and broken, market resulting from the near-ubiquitous presence of HFT trading strategies, where fundamentals have been tossed into the trash, and where quote churning, packet

With Bernanke gone, the remaining Fed members knowing full well they will be crucified, metaphorically of course (if not literally) when it all inevitably comes crashing down, are finally at liberty with their words... and the truth is bleeding out

It is widely known that Russia is owed billions by Ukraine for already-delivered gas (as we noted earlier, leaving Gazprom among the most powerful players in this game). It is less widely know that Russia also hold $3b of UK law bonds which, as we

Venice votes to split from Italy as 89% of the city's residents opt to form a new independent state Wealthy residents are opposing high taxes which support poorer south Venice gets 21 billion euros less in grants than it gives in taxes per year

Federal Reserve Chairwoman Janet Yellen spoke for an hour at her press conference Wednesday, but the market only heard three words: “around six months.” She was asked how long the Fed would wait after the tapering ends before it begins to raise

Presented with little comment aside to note that when 'work is punished' the demise of 'opportunity' will continue... The painful reality in America: for increasingly more it is now more lucrative - in the form of actual disposable income - to sit

In what is one of the most disturbing private prison stories you’ll ever hear, a facility in Idaho run by Corrections Corporation of America (CCA) in under investigation by the FBI due to claims it was so violent inmates called it “Gladiator School.”

Think JPM's zero trading day losses in 2013 was impressive? Prepare to have your mind blown. The chart below shows the chart of daily net trading income by High Frequency Trading titan Virtu, taken from its just filed IPO prospectus. The punchline

With diplomacy having failed miserably to resolve the Russian annexation of Crimea, and soon East Ukraine (and with John Kerry in charge of it, was there ever any doubt), the US is moving to the heavy artillery. First, moments ago, the US DOE

Hackers brought down the Russian central bank's website on Friday before a meeting on interest rates, the bank said. "The site of the central bank is experiencing problems due to a hacker attack," the Bank of Russia said in a statement. The site

A month ago we reported that according to much delayed TIC data, China had just dumped the second-largest amount of US Treasurys in history. The problem, of course, with this data is that it is stale and very backward looking. For a much better, and

This column is not about working too hard, or the dangers of high cholesterol, or lack of exercise. It is about a rash of suicides within the financial community. What this actually means is less certain than the reporting on it might imply

The ranks of the world’s billionaires continue to scale new heights–and stretch to new corners of the world. Our global wealth team found 1,645 billionaires with an aggregate net worth of $6.4 trillion, up from $5.4 trillion a year ago. We unearthed

Make a rate cut? Loosen up on lending conditions? Or do nothing at all? For weeks, economists have been guessing away about what the European Central Bank might do at its rate-setting meeting on Thursday. Nothing new in that — only this time, they’re

The last time a leaked phone call out of Ukraine was released about a month ago ostensibly by the Russian NSA equivalent, one between US assistant sec state Victoria Nuland and the US envoy to the Ukraine, Geoffrey Pyatt, it was revealed that the

Presented with little comment.. Compare this: *U.S. ECONOMIC GROWTH IS GATHERING SPEED, IMF'S LIPTON SAYS To the following chart... It appears the "big lie" remains well and truly in place... Just keep repeating it... Oh and as a follow-up, Lipton