The Lumberman recommended this piece by veteran market analyst Bob Chapman: Financial Vehicles of Mass Destruction [1]
Over at Fierce Finance: Criminal charges not likely in MF Global scandal [2]. Corzine, Abelow, Roseman, Stockman, et al have escaped criminal indictments [3], but I suspect that they will be in court fighting civil lawsuits for the next four or five years. <Sarcasm on:> Perhaps Federal prosecutors can indict the MF Global’s janitor. After all, he was seen carrying out those trash bags full of paper shreddings. <Sarcasm off>
What Caused Silver’s Take-Down? [4]
Derivatives: Exchange Traded Derivatives Trading Volumes Increase 11% in 2011 [5]
Items from The Economatrix:
Bernanke Warns Lawmakers Country Is Headed For “Massive Fiscal Cliff” [6]
17 States Consider State Banks [7]
China Dumps $100+ Billion In US Treasuries In December Per Revised TJC Data [8]
Inflation Is A Tax And The Federal Reserve Is Taxing The Living Daylights Out Of Us [9]