140526 – Barkleys Small Fine

Today’s Items:


This will be an abbreviated report; so that, I, as a veteran, can enjoy more of my three day weekend.

Joke Fine

Barkleys was slapped with a 44 million dollar fine over their involvement in the manipulation of gold prices.    Of course, with the billions that were likely made with their gold fixing and high frequency trading, why such a small fine.    The straight answer is that if the manipulated market ends, so likely do the economies on both sides of the Atlantic.     People should look as this as another delay to continue to get ready for when the other shoe does drop.

Warehousing Suit

JP Morgan and Goldman Sucks are facing class action lawsuits over their likely manipulation of artificially inflated zinc prices.     Seriously, is anyone really surprised?   Where there is smoke, there is fire.

Oklahoma Rejects Common Core

Common Core is an attempt to centralized the education system in the U.S. with substandard education standards.    The push-back against Common Core has spread like wildfire and now Oklahoma has just joined South Carolina and Indiana in rejecting this scheme.    More and more, states have realized that the standards are not in the best interest of students and parents.  Seriously, the only good thing coming out of Washington is when a douche bag politician is sent packing after an election.

Finally, please prepare now for the escalating economic and social unrest.    Good Day!

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