Silver as an investment

Category Archives: SWIFT

One American Reflects: “The Idiots In Charlottesville… Don’t Represent What Most Of Us Think Or Do”

Authored by Joey Clark via Medium.com, The top story yesterday (and today) – showcased on the Drudge Report, Google News, all the cable news networks, and many social media feeds – is simply an idiotic parade of self-important and domineering busybodies. A petite horde of white nationalists and their brethren are at odds with their […]

One American Reflects: “The Idiots In Charlottesville… Don’t Represent What Most Of Us Think Or Do”

Authored by Joey Clark via Medium.com, The top story yesterday (and today) – showcased on the Drudge Report, Google News, all the cable news networks, and many social media feeds – is simply an idiotic parade of self-important and domineering busybodies. A petite horde of white nationalists and their brethren are at odds with their […]

Pepe Escobar On North Korea: Fire, Fury, Fear, & False Flags

Authored by Pepe Escobar via The Asia Times, Alarm bells ringing as rampant speculation breaks out over Pyongyang’s ‘possible’ miniaturized nuclear warheads. Beware the dogs of war. The same intel “folks” who brought to you babies pulled from incubators by “evil” Iraqis as well as non-existent WMDs are now peddling the notion that North Korea […]

Here Comes Zuma’s Critical No Confidence Vote: What To Expect

Yesterday, the rand soared on the unexpected announcement by the national assembly speaker (and purported Zuma replacement) Baleka Mbete that a no-confidence vote for president Jacob Zuma would take place in secret. The vote is set to take place shortly. For those willing to take a sizable gamble, here is what to expect. Superficially, a […]

Gamblers Laundered $50M In Stolen Bangladesh Reserves For “Elite North Korean Hackers” By Playing Baccarat

More than a year after a mysterious group of hackers infiltrated the SWIFT system for interbank payments and stole $100 million from the Central Bank of Bangladesh’s custody account at the New York Fed, Filipino authorities have been unable to recover $81 million that seemingly disappeared into the Manila air. After being transferred to four […]

Opposition Threatens “War In The Streets” As Maduro Claims Victory In Venezuela Assembly Vote

Despite US threats of “strong and swift economic sanctions” that the WSJ reported overnight could cut off a crucial source of revenue for Venezuela’s financially distressed state oil company, PDVSA, the socialist state’s leader Nicolas Maduro is claiming victory in a vote to create a new “constituent assembly,” a vote that US government officials have […]

WTI Jumps Above $50 On Report US Prepping Sanctions Against Venezuela Oil Industry

After both Brent and WTI rose above their respective 50DMAs on Friday, capping 2017’s best weekly rally for oil, the rising tide is accelerating as the latest CFTC COT data confirmed, when net specs boosted bullish Nymex WTI crude oil bets by 27K net-long positions to 423K, the highest in two months, as producers continued […]

“We Are Tired Of Being Killed” Venezuelan Opposition Vows Violent Response To Maduro Power Grab

Venezuelan President Nicolas Maduro has made it clear: Nothing short of the invasion threatened by President Donald Trump will stop him from holding a vote on a new constituent assembly that will officially replace the country’s legislature and likely allow the embattled president to rewrite the country’s Constitution, cementing his grip on power. According to […]

“All Options On Table” – US Threatens Sanctions As Venezuela’s Maduro Vows To Create New Constitution

The US is weighing whether to impose sanctions on Venezuela’s defense minister and several other top officials for human-rights violations, according to Bloomberg, citing officials familiar with the government’s deliberations. They added that the action was one of several under consideration by the Trump administration against President Nicolas Maduro’s government. Despite these and other threats […]

“It’s Going To Be A Long Summer” One Trader Warns No One, Not Even The Fed, Believe Their Own Forecasts

It was fun while it lasted. For a few brief months, The Fed appeared to 'hawkish, no matter what' as data-dependent morphed into data-ignorant. Markets relished the confidence-inpiring message from the ivory tower academics… but, as former FX trader Rich Breslow notes, none of that occurred in reality and now, "no one really believes even […]