Silver as an investment

Category Archives: Net Notional

ZeroHedge: Move Over FX And Libor, As Manipulation And “Banging The Close” Comes To Commodities And Interest Rate Swaps

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. While the public’s attention has been focused recently on revelations involving currency manipulation by all the same banks best known until recently for dispensing Bollinger when they got a Libor end of day print from their criminal cartel precisely where […]

ZeroHedge: BofA Sees Fed Assets Surpassing $5 Trillion By End Of 2014… Leading To $3350 Gold And $190 Crude

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Yesterday, when we first presented our calculation of what the Fed’s balance sheet would look like through the end of 2013, some were confused why we assumed that the Fed would continue monetizing the long-end beyond the end of 2012. […]

ZeroHedge: Key JPMorgan Charts

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. For those strapped for time, here are the key charts from the numerous JPM slidepacks just released. CIO/Treasury snapshot. Note the ridiculous move in VaR which as everyone knows has about the same credibility as a JPM CDS blotter. JPM […]

ZeroHedge: Germany Cries: "Europe Is Coming For Our Money", Greece Promptly Obliges

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. “Greece is an exception in the Euro Zone” – Angela Merkel, December 9, 2011 “Exception from ESM Seniority only applies to Spanish aid” – Angela Merkel, June 29, 2012   It took about a year, but finally Germany, with a […]

ZeroHedge: An $8bn Loss Or Was JPMorgan ‘Unhedged, Long-And-Wrong’ Post-LTRO2?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The full set of DTCC data is in (that is the repository for reporting CDS data) and reading between the lines provides us with some significant color on what was occurring at JPM’s CIO office. For the Cliff Notes’ version […]

ZeroHedge: Listen Carefully and You Can Hear the Crumbling Of The Sovereign Nation Formerly Known As JP Morgan

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. First, pardon my tardy response to this JP Morgan news. I’m currently in Europe and was jet-lagged asleep when this popped. Of course, BoomBustBloggers know that I will be on the case. To begin with, a summary as pulled from ZeroHedge:  […]

ZeroHedge: Is JPM Staring At Another $3 Billion Loss?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. “[The trading loss] plays right into the hands of a whole bunch of pundits….”                                                            – Jamie Dimon There are a lot of moving parts in the Dismal tale of Dimon’s demise. The starting point is that Bruno Iksil […]

ZeroHedge: JPM Crashing After It Convenes Emergency Call To Advise Of "Significant Mark-To-Market" Losses In Bruno Iksil/CIO Group

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Out of nowehere, JPM announced 40 minutes ago that it would hold an unscheduled 5pm call to coincide with the release of its 10-Q. Rumors were swirling as to why. The reason is as follows: JPMORGAN SAYS CIO UNIT HAS […]

ZeroHedge: Is JPMorgan’s Whale Responsible For The Rising Equity Tide?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Presented with little comment but given the seemingly unlimited balance sheet of the JPMorgan CIO office and the ability to sell as much protection (implicitly bullish) and gather premium as credit derivative index notionals soared at an incredible rate, are […]

ZeroHedge: Is JPMorgan’s Whale Responsible For The Rising Equity Tide?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Presented with little comment but given the seemingly unlimited balance sheet of the JPMorgan CIO office and the ability to sell as much protection (implicitly bullish) and gather premium as credit derivative index notionals soared at an incredible rate, are […]