The Lumberman recommended this piece by veteran market analyst Bob Chapman: Financial Vehicles of Mass Destruction
Over at Fierce Finance: Criminal charges not likely in MF Global scandal. Corzine, Abelow, Roseman, Stockman, et al have escaped criminal indictments, 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?
Derivatives: Exchange Traded Derivatives Trading Volumes Increase 11% in 2011
Items from The Economatrix:
Bernanke Warns Lawmakers Country Is Headed For “Massive Fiscal Cliff”
17 States Consider State Banks
China Dumps $100+ Billion In US Treasuries In December Per Revised TJC Data
Inflation Is A Tax And The Federal Reserve Is Taxing The Living Daylights Out Of Us