Rural Mississippi, it’s easier to get washed in the blood than soaked in the sauce. There are more churches than bars… This is the New South.
May 23rd, 2013 | Bill Bonner+ | 3 comments | ContinuedAll Posts Tagged With: "goldman sachs"
Bring on the Gold Correction
When pounds, pesos, yen, euros and dollars have all been beaten and bruised…there will be one money still standing tall. That will be gold.
April 16th, 2013 | Bill Bonner+ | 7 comments | Continued
Will the Australian Dollar Fall to the Euro?
Goldman Sachs reckons the Australian dollar is in deep trouble. ‘One of the best long term trades out there at the moment is long euro versus short Aussie,’ said Thomas Stolper, chief currency strategist at the investment bank.
October 13th, 2012 | Nick Hubble+ | 6 comments | Continued
The US Fed: Champions of Dishonesty
What are we to make of the revelation that the Chairman of the Federal Reserve and the Secretary of the Treasury allowed the multi-trillion-dollar Libor fraud to operate for more than four years?
August 30th, 2012 | Eric J. Fry+ | 0 comments | Continued
Why Goldman Sachs May Have Trouble Maintaining its Business Model
“There’s nothing nuthin’ to see here folks… Just another little pile-up of victimless financial crimes.” That’s what the beat cops on Wall Street barked repeatedly last week just after the Justice Department and the SEC dropped their separate criminal investigations of Goldman Sachs.
August 16th, 2012 | Eric J. Fry+ | 2 comments | Continued
Global Derivatives: Like Two Drunks Leaning On Each Other
Derivatives are the “meat and meat by-products” of the financial markets. They look, smell and taste just like regular securities, but almost no one understands why we need them in the first place. After all, what’s wrong with actual meat? Or to re-phrase the question: Is Spam really an advancement over ham?
April 18th, 2012 | Eric J. Fry+ | 6 comments | Continued
Bashing Warren Buffett…Once Again With Feeling
“Right now bonds should come with a warning label,” opines Warren Buffett in this year’s letter to Berkshire Hathaway shareholders. That seems like a reasonable idea, but why stop there? Why not slap a warning label on each one of Buffett’s public pronouncements as well?
March 30th, 2012 | Eric J. Fry+ | 0 comments | Continued
A Favourable Era For Gold
Gold prices have now softened, offering investors yet another chance to get back on board what is perhaps the most compelling form of money- and portfolio insurance available.
March 27th, 2012 | The Daily Reckoning+ | 0 comments | Continued
Gold Money: A Once-in-a-Generation Buying Opportunity
Bernanke says there’s not enough gold (which is money) to satisfy a growing economy. Therefore, a gold standard can restrain economic growth because of the tight rein it imposes on the money supply. Most people instinctively agree with this. But when you think about, you’ll realise such an interpretation is one-dimensional.
March 23rd, 2012 | Greg Canavan+ | 3 comments | Continued
Greg Smith – A Former Goldman Sachs Insider Finally Speaks Out
Greg Smith is not exactly a prophet…and he probably isn’t a perfect saint. But he seems to know something about the difference between good and bad…between moral and immoral…and between ordinary Wall Street greed and putrid Goldman- Sachs-style greed.
March 19th, 2012 | Eric J. Fry+ | 2 comments | Continued
Goldman Sachs is a “Sell”
For once, we agree with the insiders at Goldman Sachs. The company’s stock is a “Sell.” Okay, so the insiders didn’t exactly say their stock is a “sell,” but they didn’t need to. Their feet did all the talking. Nine Goldman insiders scurried away from their stock as fast as the law would let them.
February 7th, 2012 | Eric J. Fry+ | 1 comment | Continued
Goldman Sachs is Probably Not a “Buy”
Matt Taibbi — like many other cynical financial market observers — has learned to regard every pronouncement from Goldman Sachs with suspicion. Recent experience has demonstrated that “tame” and “harmless” are attributes that rarely operate within the Goldman Sachs business model.
February 6th, 2012 | Eric J. Fry+ | 0 comments | Continued
How a Deficit in Capitalism Helped Engender the Financial Crisis
Instead of allowing capitalism to fix the problem, the feds made it worse. They gave more money to the very institutions and managers who had proved they couldn’t be trusted with it.
We don’t want to rehearse the whole sequence of events that got us to where we are. But it’s important to understand what happened.
The Disturbing Facts About Paulson, Fannie, Freddie and Friends
Here are the insiders at work…the people the central bankers are trying to help. Bloomberg has the story, from Richard Teitelbaum about a one Henry Paulson and his involvement with Fannie Mae, Freddie Mac …and friends.
December 2nd, 2011 | Bill Bonner+ | 0 comments | Continued
Insider Economy
As the economy is taken over by zombies, more and more people are needed to do the zombies work shifting more and more of the economy’s output to the insiders.
The insiders rig the system for their own benefit. The rigs each one of them a form of price-fixing or central planning weaken the system. In today’s battle, the insiders fight to protect it.
November 24th, 2011 | Bill Bonner+ | 1 comment | Continued
Goldman Sachs Facts
A cynic would point out that both the new Greek and Italian leaders are Goldman Sachs insiders. As is the new European Central Bank president, Mario Draghi.
But why does Goldman Sachs’ influence matter?
November 19th, 2011 | Nick Hubble+ | 0 comments | Continued
Trading Inside With the Feds
Since the beginning of time, the insiders have always had an advantage. That’s why people want to be insiders; they know that’s where the money is.
In actual fact there’s a very special form of ‘inside trading’ going on where the feds and the insiders work together.
November 17th, 2011 | Bill Bonner+ | 0 comments | Continued
Poor Ol’ Goldman
Poor Ol’ Goldman … Just trying to do ‘God’s work’ … And everybody treats it like the devil.
April 27th, 2010 | Bill Bonner+ | 6 comments | Continued
Germans Are Reluctant To Give Greeks A Financial Weapon
Wednesday, April 21st saw Reuters publish not one, not two, but six articles on the Greek debt mess.
Basically, they discussed what could be an amusing procedural hiccup for the planned Greek bailout.
The Goldman Sachs Phenomenon
Now that the American financial sector is safe and unsound once again, has the threat of serious economic crisis genuinely passed? And has the structure of American capitalism actually improved? Or did the Fed merely dress a sow in lingerie and call her a raving beauty?
April 20th, 2010 | Eric J. Fry+ | 2 comments | Continued





