Routinely, I ask myself what I can do to help raise awareness and motivate people to create a positive future. I strive to do as much as possible, and like I’ve said before, I want to know that I did my best here on earth whether or not I gain the fame or notoriety some people seek. Continue reading →
Bank of England Governor Mark Carney will face his toughest public testimony to date as he seeks to defend the integrity of an institution that’s become embroiled in the currency-manipulation scandal.
Lawmakers will grill Carney tomorrow after the BOE suspended an employee and released minutes of meetings showing officials knew of concerns the foreign-exchange market was being rigged almost eight years ago. The central bank said last week that an internal review has found no evidence so far that staff were involved in collusion. Continue reading →
Comments Off on Mish/ Mike Shedlock – Culture Of Greed And Arrogance: Minutes Show Bank Of England Was Aware Of Currency Rigging Eight Years Ago – 10 March 2014
Several weeks back, we noted that the “smart money” was bearish on the markets, and that higher equity prices would see even more selling extremes amongst corporate insiders. As we look at the data this week, this is exactly what has happened as the “smart money” indicator is at its most extreme degree of selling since November, 2010. See figure 1 below.
A 6.9 Earthquake has just been reported 48 miles West North West of Ferndale. Ferndale is based in Humboldt County, and out of all the cities in California, it is one of the least likely to make the news. There have also been aftershocks reported, but no damage.
Posted onMarch 10, 2014bylucas2012infos|Comments Off on ZeroHedge – Europe Weakens Again As Investors Seek The Safety Of… Portuguese Stocks! – 10 March 2014
European sovereign bond spreads have not batted an eyelid during the recent Russia-Ukraine crisis… and why should they, Draghi will do “whatever it takes.” Even HY credit in Europe is holding up – despite an ugly squeeze wider on Friday (chatter that positioning in very long credit). But with Europe’s VIX above 20, the broad European stock index is now below pre-Putin levels. What is perhaps most stunning is that while investors have piled out of German, Swiss, and French stocks in the last few days, they have backed-up-the-truck in “new normal” safe-haven Portugal. The reason proferred by some – Portugal is further from Ukraine (and less dependent on Russia’s gas) – which of course is the critical swing factor for an economy that remains crushed aside from trade with Germany.
Posted onMarch 10, 2014bylucas2012infos|Comments Off on Lisa Gawlas – “Fractal Antenna’s” Coming Online And The ET Technology Insertions -10 March 2014
I think March should really be dubbed the month ET’s phoned earth! In my 11+ years of reading, never has their presence been so present in readings as it is in March. Did you ever wonder how it is that they know how to speak your language? I never once thought about it, at least not until this crazy month, because I am having the hardest time translating what they are attempting to communicate. Well, now I get it!! Continue reading →
Comments Off on Lisa Gawlas – “Fractal Antenna’s” Coming Online And The ET Technology Insertions -10 March 2014