Articles related to Bear Stearns
 
Jeff Clark - Goldsilver
Why Own Gold The Top 10 Reasons to Buy Gold Now
Is gold a good investment? Why should you own it?It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not. That’s especially true for gold, since it’s an inert metal and doesn’t earn any interest.But the reasons for owning physical gold go beyond the possibility of its price rising. Gold bullion offers distinct advantages that simply can’t be found in almost any other investment. These advantages give you power as an investor. And yes, one of thes
Monday, May 18, 2020
Chris Powell - GATA
Ted Butler: Bear Stearns -- a different opinion
Silver market analyst Ted Butler, in commentary posted today at GoldSeek's companion site, SilverSeek, and 24hGold, explains how he discerned that JPMorganChase inherited the silver short position of Bear Stearns when the latter bank collapsed in 2008. Butler's commentary is headlined "Bear Stearns -- a Different Opinion" and it's posted here: http://silverseek.com/commentary/bear-stearns-%E2%80%93-different-opinio... And here: http://www.24hgold.com/english/news-gold-silver-bear-stearns--a-diff
Tuesday, March 20, 2018
Chris Powell - GATA
U.S. bank derivatives books larger since rescue of Bear Stearns
At the end of January 2008, in what would turn out to be its final annual report, Bear Stearns went into some detail about its big book of derivatives. The book had a notional value of $13.4 trillion at the end of November, Bear said, up more than 50 percent from a year earlier. A two-notch downgrade in the firm's credit ratings, it added, would require it to come up with an extra $353m in collateral. This huge cluster of financial instruments -- swaps, futures, forwards, and options -- may not
Sunday, March 18, 2018
Adrian Ash - Bullion Vault
10 Years of 4-Figure Gold
Spot gold prices first broke $1000 per ounce 14 March 2008... IN FACT the world's first ever $1000 gold deal had happened the day before, writes Adrian Ash at BullionVault. Thursday 13 March 2008 – a day earlier than the wholesale 'spot' gold price finally popped above $1000 per ounce – saw a customer of BullionVault offer the five ounces of gold he held in secure, insur
Thursday, March 15, 2018
Chris Powell - GATA
Ted Butler: JPMorgan's motive for controlling the silver price
Silver market analyst and manipulation exposer Ted Butler today addresses the possibility that the U.S. government is the real party in interest in JPMorganChase's seeming dominance of the silver market. Butler writes that he still believes that JPM is rigging the silver market for its own benefit, acquiring a huge position in real metal in anticipation of much higher prices. He writes: "It is unrealistic, in my opinion, to believe that the U.S. government would single out silver as the one com
Friday, March 9, 2018
Theodore Butler - Butler Research
JPMorgan’s Motivation
To be sure, there are many who reject, out of hand, my allegation that JPMorgan has accumulated a massive amount of physical silver over the past seven years, amounting to 700 million ounces or more. That’s completely understandable, since I can’t document and point out all 700 million oz and few have taken the time to review the basis of my claim. It doesn’t matter that I first picked up on JPMorgan’s quest to acquire physical silver four years ago, by which time it had already accumulated 300
Thursday, March 8, 2018
Theodore Butler - Butler Research
  Unfinished Business 
The big news this week was the filing of charges and settlements for price manipulation and “spoofing” brought by the CFTC, in conjunction with the DOJ and FBI, against three banks and a half dozen individual traders; mostly involving illegal trading activities in COMEX gold and silver futures. The announcement set off a debate about whether the filing proved the allegations that gold and silver prices were manipulated as many, certainly including me, have maintained.http://www.cftc.gov/PressRoo
Thursday, February 1, 2018
Theodore Butler - Butler Research
The Last Great Silver Buy 
In the annals of silver in the modern age, there have been two well-known instances of very large investor accumulations of the metal. First came the purchase by the Hunt Brothers and their associates in early 1980, followed by the purchase by Warren Buffett’s Berkshire Hathaway, 17 years later. The Hunts were said to control around 100 million ounces of actual metal (plus another 100 million ounces in long paper futures contracts), while Berkshire held as many as 129 million ounces.Now there is
Friday, January 12, 2018
Theodore Butler - Butler Research
  A Ten Year Deal
Here’s a thought that I fully acknowledge didn’t originate with me, but from a close associate, even though it incorporates many of my findings. If it does come to fruition, I will gladly reveal my associate’s identity to give him his proper due; but in case it doesn’t, I’ll spare him any embarrassment for an incorrect premise. As I think you’ll see, I can’t deny that my friend’s premise seems to tie up all the loose ends about the silver manipulation.In a few short months, we will hit the ten y
Thursday, December 21, 2017
Chris Powell - GATA
Ted Butler: A 10-year-deal to let JPM rig silver
Silver market analyst Ted Butler today speculates that the U.S. government has a 10-year agreement with JPMorganChase, stemming from the failure of the Bear Stearns investment bank, waiving commodity and anti-trust law enforcement so that Morgan can keep the price of silver under control and profit greatly from doing so. This brings Butler quite a bit closer to the possibility that Morgan is simply the executor of U.S. government trades, which easily would explain why there is never any enforcem
Wednesday, December 20, 2017
Graham Summer - Gains Pains & Capital
Crypto Envy Beware Greed and FOMO - Jeff Tomasulo
Crypto Envy To us, Jeff is describing what he knows from his years of experience and some call the "psychology of regret". It is also closely related to the concept of a Giffen good in economics. That is an item in which its demand goes  up as its price does, like perfume. Cryptos are right now exhibiting Giffen Good  qualities because of the press and hype surrounding the launch of futures for sure.  This is why it is all the more important to not forget your discipline.  When the world is tell
Saturday, December 16, 2017
Jason Hamlin - Gold Stock Bull
Why Have So Many Financial Experts Have Been Wrong About Bitcoin
The bitcoin price has rocketed roughly 1,500% higher in 2017 to around $19,000, before correcting to the current price at $15,000. The #2 cryptocurrency by market cap, Ethereum, is up more than 5,000% year to date and many of the altcoins that we track have enjoyed similar gains. Cryptocurrencies have been one of the best-performing asset classes of all time. So, why have so many astute investors and otherwise intelligent people been completely wrong about bitcoin? Why do they profess to know it
Sunday, December 10, 2017
Adrian Ash - Bullion Vault
Gold, Bitcoin, the BBC and My Cat
Truly headline news rarely proves good for investors... RADIO 3, the BBC's classical music station, isn't known as a hot source of finance tips, writes Adrian Ash at BullionVault. Not beyond recommending the occasional 'budget price' recording of Schubert or Schumann for your collection. So when Radio 3's 7am headlines g
Friday, December 1, 2017
Theodore Butler - Butler Research
Backing Out
News reports this week indicated that the Bank of Nova Scotia (ScotiaBank), Canada’s third largest bank, had put its precious metals operation, ScotiaMocatta, up for sale. Various sources said the unit had been for sale for a year or so and it was thought or hoped that Chinese interests might buy the business. It was also reported that the Bank of Nova Scotia would shrink the unit if no buyer could be found. The impetus for the sale was said to be a scandal involving smuggled gold from South Ame
Tuesday, October 24, 2017
Graham Summer - Gains Pains & Capital
Happy Black Friday
Amsterdam | As the financial world happily fixates on who will be the next Fed Chairman, I am in Europe celebrating the 30th anniversary of Black Friday, October 19, 1987. Three decades ago, I was on a trading desk at Bear, Stearns & Co in London along with David, Joey, Gregory, Peter and Paul, among others. We had just finished a remarkable four year run, but the party was over. That fateful day, our Treasury/MBS trader Matt got his eyes ripped out early in the day. His big mistake was answe
Friday, October 20, 2017
Keith Weiner - Monetary Metals
Thoughtful Disagreement with Ted Butler 
Dear Mr Butler: In your article of 2 October, entitled Thoughtful Disagreement, you say, “someone will come up with the thoughtful disagreement that makes the body of my premise invalid or the price of silver will validate the premise by exploding.” I will take you up on your request. You state your case in this paragraph: “Here are the issues. Silver (and gold) prices are set by paper dealings on the COMEX by a few large speculators (banks and managed money traders), to the exclusion of input f
Wednesday, October 4, 2017
Theodore Butler - Butler Research
Thoughtful Disagreement
I caught a good interview by Charlie Rose on Bloomberg TV the other night of Ray Dalio, founder and head of Bridgewater Associates, the world’s largest hedge fund with some $150 billion in assets under management. Dalio has been making the rounds recently in promoting his new book, “Principles”, in which he lays out his beliefs for the investment business and the business of life. Now in book form, Dalio previously offered his work for free and which was downloaded more than three million times.
Monday, October 2, 2017
Jeff Clark - Goldsilver
Top Ten Reasons I Buy Gold Silver [#1] - Mankind’s #1 Sleep Aide
Do you worry about money? Does it sometimes impede your sleep?According to a recent survey, money worries are the second biggest cause of sleeplessness.And that’s why Mike Maloney’s #1 Reason he owns gold and silver is… he sleeps better!As Mike has outlined, he believes the foundation is laid for a perfect economic and monetary storm. His research shows that the greatest crash the world has ever seen will take place before the end of this decade.Will his prediction come true?On one hand, if Mike
Thursday, September 28, 2017
Steve St Angelo - SRSRocco Report
YOU HAVE BEEN WARNED: The Situation In The Markets Is Much Worse Than You Realize
By Steve St. AngeloIt’s about time that I share with you all a little secret.  The situation in the markets is much worse than you realize.  While that may sound like someone who has been crying “wolf” for the past several years, in all honesty, the public has no idea just how dire our present situation has become.The amount of debt, leverage, deceit, corruption, and fraud in the economic markets, financial system, and in the energy industry are off the charts.  Unfortunately, the present condit
Thursday, September 14, 2017
John Butler - Goldmoney
The Golden Revolution, Revisited: Chapter 9
This Insight continues the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the fourth chapter of Section II.View the Entire Research Piece as a PDF here.Why Financial Genius Fails, or, a Forensic Study of the 2008-09 Global Financial Crisis
Wednesday, September 6, 2017
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