The $1 Gold Bar
As Chinese fakes go, this is as outrageous as it gets. A factory in Wenzhou has been pumping out fake gold bars carrying the insignia of Australia’s highly respected Perth Mint. Like a knockoff Coach...
View ArticleSwimming in the Jury Pool
As the old saying goes, no good deed goes unpunished. The chronicling of my courtroom rant against drug laws has prompted a few readers to question my libertarian bona fides and label me as statist,...
View ArticleWhat is Rajoy Waiting For ? Some Thoughts
Spanish Prime Minister Rajoy has continued to indicate that he will formally request more assistance when it is in the country's interest, which essentially means, when he is good and ready. And he...
View ArticleBank on Costly Litigation at BofA
By Greg Ruel, Senior Research Associate Bank of America Corporation (BofA) continues to run into an unusual amount of trouble with regulators. On Thursday, the WSJ reported that Bank of America...
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CFOs Agree: Investing In Southern Europe Is As Scary As Investing In The...
BDO's annual 'global opportunities' survey found that the eurozone debt crisis remained one of their key concerns. Almost half (44pc) of the 1,000 CFOs surveyed by the global business consultancy...
View ArticleGMI Ratings Governance Update | CNOOC Ltd.
Regulators are considering whether to approve China-based CNOOC Ltd.(CEO)’s $15.1 billion bid for Canada-based Nexen Inc(NXY). While neither energy company has stellar corporate governance, CNOOC...
View ArticleGold and Silver Outlook for October 30
The prices of gold and silver started off the week on a negative note as both declined on Monday. Will precious metals continue their downward trend during the week? Hurricane Sandy will keep the...
View ArticleActionable ETF Idea: Time For Revenue Weighting
The last two earnings season have seen a familiar pattern play out: companies of all shapes and sizes are consistently beating Street estimates on earnings, but falling short on revenue forecasts. In...
View ArticleGreat Graphic: Composition of SNB's Reserves
The Swiss National Bank will report the composition of its reserves as of the end of Q3 on Wednesday. This Great Graphic comes from the SNBCHF blog, showing the composition of SNB currency reserves...
View ArticleChina’s rail cargo volume stabilised in September
One of the preferred gauges of economic activities by our dear vice premier Li Keqiang is showing signs of stabilisation of economic activities in the near-term. Rail cargo volume in China amounted to...
View ArticleThe other half of last night's picture
Best of all possible results. And the second largest tree branch to fall on our rather small property last night. Read more posts on Angry Bear Blog » Please follow Money Game on Twitter and...
View ArticleIn Praise of Gridlock
I want gridlock. If the House of Representatives and the Senate both go Republican, as I expect they will, then the best chance for political paralysis may be a hostile Democrat in the White House. I...
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View ArticleJOBS Act Update: Senator Levin Throws a Curve
MM comment: The following is courtesy of our legal counsel, Cott Law Group, P.C. If you have further questions about the JOBS Act or any other legal counsel needs, feel free to contact them directly:...
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BLS Working Hard To Ensure The Jobs Report Comes Out On Friday
Oct. 30 (Bloomberg) -- The Labor Department is striving to issue its monthly report on employment in the U.S. in three days as scheduled, a spokesman said today. “The employees at the Bureau of Labor...
View ArticleCalifornia Passes Milestone: 1 GW Solar Generated by the 99%
"California is the first state to pass the 1 gigawatt (GW) mark in solar that's generated from the 99% - average homeowners and businesses that have solar on their rooftops. 1.255 GW of solar is being...
View ArticleSCI-Arc/Caltech 2013 Solar Decathlon
"Around this time next year, several students from Caltech and SCI-Arc will be having what seems to be an average day in their shared house: they'll be doing laundry, inviting neighbors over for...
View ArticleJapan PMI falls to 46.9, 18-month low
Markit’s press release on Japan’s October manufacturing PMI, Commenting on the Japanese Manufacturing PMI survey data, Paul Smith, Senior Economist at Markit and author of the report said: “The fall...
View ArticleSouthern California Edison Outlines The Perfect Marriage
"Every day, more people are turning to the sun as a reliable energy source — and so can you. The thousands of Californians who have already decided to “go solar” know that powering their home or...
View ArticleApple’s End-of-Month Window Dressing
Interesting data on Apple’s end-of-month (eom) daily returns since the March 2009 crash bottom. Our priors are that every PM and their mother would be buying Apple at the end the month to show they...
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