it takes time but is this the road map of the end of an era?

As reported by Bloomberg http://www.businessweek.com/articles/2013-11-14/2014-outlook-banks-face-investigations-and-litigation the initial roadmap for the litigation burden that banks are facing. It is said that white collar crime in Wall-Sreet and among the banksters’s community has been a highly lucrative business. Apparently… a ratio of 5 to 1.  Maybe…. things are a going to start to change when examining at the […]

Shadow Banking and the unintended consequences of QE and other central bank policies

First of all, let’s try to understand a bit more what is Shadow Banking: http://www.investopedia.com/terms/s/shadow-banking-system.asp Definition of ‘Shadow Banking System’ The financial intermediaries involved in facilitating the creation of credit across the global financial system, but whose members are not subject to regulatory oversight. The shadow banking system also refers to unregulated activities by regulated […]

efficient or broken market?

High frequency trading defensors (HFT)argue that they are fundamental for the good functionning of the markets.  The evidences  (mostly ignored by the regulators…) show that HFT have been ,very good at scalping revenues off the trades from “regular” trading activites, creating instability and flash crash, manipulating prices on individual stocks and … recently..  shutting down […]

Regime change for the Gold and precious metal market?

I think that we are finally witnessing a long tem change in the precious metal market. Back in the 70’s, the physical gold price was the determinant factor and then the gold securitization process (paper gold) took over and dictated price with whatever price manipulation conspiration you can/might believe in.   Many articles have been […]

The purpose of relativemoney or granarelativa

WE CAN LIVE IN A WORLD WITH A DIFFERENT SET OF RULES ABOUT MONEY. Fractional Reserve Banking as we know it, is the fruit of centuries of evolution. Maybe the crisis is an excellent opportunity to think about a new step in the evolution process.  Money is to the economy what blood is to our […]