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Former JP Morgan trader pleads guilty to manipulating US metals markets for years
Share this article“New York-based J.P. Morgan declined to comment on the case through a spokesman. It was reported earlier by the Financial Times.” An ex-J.P. Morgan Chase trader has admitted to manipulating the U.S. markets of an array of precious metals for about seven years — and he has implicated…
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“The illusions of Keynesianism create a morally corrupt society”
Share this articleInterview with Jayant Bhandari: Part I of II The global economic shutdown has inflicted unprecedented damage and caused widespread destruction both in the economy and in our societies. While the true scale of the crisis is yet to be revealed, we already have enough data to support the case…
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The awakening of the working class
Share this articlePart I of II, by Claudio Grass, Switzerland It is a worn-out cliché that many (if not most) political zealots meet their downfall because of their arrogance. “Pride goes before destruction, a haughty spirit before a fall,” the proverb goes, and it does prove true more often than…
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Saving in gold is the only reliable way to save
Share this articleFor the longest time, according to conventional and widely embraced wisdom, all responsible and prudent members of society had to have a savings account. All those hardworking taxpayers and all those forward-thinking and sensible individuals that understand the importance of planning ahead, of being prepared for whatever the…
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Central planning hubris and the medication crisis in Europe
Share this articleI’ve written countless articles on the topic of central planning and its failures, practical, economic, political and moral. In some cases, the arrogance of the central planners results in real devastation, often in actual loss of life and property, and the price for their mistakes is paid by…