Liew admits to fraud in gold, silver and other metals tradingDefendant learned to rig prices from co-workers, filings sayA trader who conspired to manipulate futures contracts in precious metals committed those actions while working at Deutsche Bank AG, according to a person familiar with the matter, and he is now cooperating with prosecutors.The trader, David Liew, pleaded guilty to fraud on Thur...Read More
ProphetsWhy Consumers Aren't SpendingConfidence is up sharply, yet retail sales are down.by Gary ShillingMore stories by Gary ShillingRead More
When you were a kid, what did you want to be when you grew up?A teacher?An archaeologist?A pirate?A soldier?An antiquarian arms dealer?If you answered yes to any of the above, then you are in for a treat. If you didn't then, well, you are still in for a treat.That's because I spent the better part of an afternoon speaking with someone who fits all of those bills. Sean Rich has a very specific set...Read More
As you probably know, the marijuana industry is the hottest sector in the market right now. Nationwide legalization is imminent. It's going to happen. It's just a matter of time. Of course, the cannabis industry won't reach its full potential until that actually happens. That's why marijuana stocks are so hot right now. Everyone is scrambling to climb aboard the ship before it leaves port.The p...Read More
After a nerve-racking, jam-packed five-hour bus ride on a careening mountain road in the Nepalese countryside, I was seriously doubting my life choices. I had quit my job, moved my stuff back home with Mom and Dad, budgeted my modest savings for the next five months, and now I was in the middle of a remote town by a river with an over-stuffed backpack.It had all started with an application to help...Read More
After a nerve-racking, jam-packed five-hour bus ride on a careening mountain road in the Nepalese countryside, I was seriously doubting my life choices. I had quit my job, moved my stuff back home with Mom and Dad, budgeted my modest savings for the next five months, and now I was in the middle of a remote town by a river with an over-stuffed backpack.It had all started with an application to help...Read More
(Bloomberg) -- Vedanta Resources Plc and Vale SA led declines in industrial-mining companies as Chinese investors returning from a public holiday drove iron ore to a seven-month low. Nickel traded near its lowest in a year after Indonesia's largest producer started shipping ore to China.An index of 18 producers tracked by Bloomberg Intelligence headed for a third straight loss, with Vedanta dropp...Read More
Startup societies are disrupting the industry called government. New methods of governance are being experimented with that promise to make the old dinosaurs of social control go extinct.When new governments are formed, people can vote with their feet for the best style of governance.If people want to join a commune, they can go right ahead, but they won’t be able to force others into the mi...Read More
Startup societies are disrupting the industry called government. New methods of governance are being experimented with that promise to make the old dinosaurs of social control go extinct.When new governments are formed, people can vote with their feet for the best style of governance.If people want to join a commune, they can go right ahead, but they won’t be able to force others into the mi...Read More
A bad credit score can be quite the hardship in America. But can you imagine a bad social credit score? China is implementing social credit scores that will influence the types of schooling, jobs, and housing available to citizens.The population will also have the chance to review and affect their neighbors’ and acquaintances’ scores. They will be ranked in order to decide who gets w...Read More
A bad credit score can be quite the hardship in America. But can you imagine a bad social credit score? China is implementing social credit scores that will influence the types of schooling, jobs, and housing available to citizens.The population will also have the chance to review and affect their neighbors’ and acquaintances’ scores. They will be ranked in order to decide who gets w...Read More
Imagine you are in a book club. For a few years, it was great, you liked the books and the discussion with members. But then, the club started reading steamy romance novels that you just weren’t into and would not entertain your opinions for other material. Finally, when you can’t relate to the discussion on the texts anymore, you decide to leave the club.But then, the book club Presid...Read More
Imagine you are in a book club. For a few years, it was great, you liked the books and the discussion with members. But then, the club started reading steamy romance novels that you just weren’t into and would not entertain your opinions for other material. Finally, when you can’t relate to the discussion on the texts anymore, you decide to leave the club.But then, the book club Presid...Read More
Every generation expands its definition of equality…Now it’s time for our generation to define a new social contract. We should have a society that measures progress not just by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to make sure everyone has a cushion to try new ideas.-Mark Zuckerberg, Faceboo...Read More
Every generation expands its definition of equality…Now it’s time for our generation to define a new social contract. We should have a society that measures progress not just by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to make sure everyone has a cushion to try new ideas.-Mark Zuckerberg, Faceboo...Read More
I like mom and pop family owned restaurants, and local craft breweries, two businesses that are currently doing great in America.Giant corporations, on the other hand, are legally bound to the government, which causes most of the corruption in the corporate and government world. They end up taking advantage of people and bludgeoning their competitors using the government.The United States of Ameri...Read More
I like mom and pop family owned restaurants, and local craft breweries, two businesses that are currently doing great in America.Giant corporations, on the other hand, are legally bound to the government, which causes most of the corruption in the corporate and government world. They end up taking advantage of people and bludgeoning their competitors using the government.The United States of Ameri...Read More
Detour Gold Corporation (TSX: DGC) is a Canadian intermediate gold producer that owns and operates the Detour Lake mine, a long life large-scale open pit operation in the mining-friendly jurisdiction of northern Ontario. We learned from Laurie Gaborit, VP of Investor Relations of Detour Gold, that they are expected to produce over 600,000 ounces a year for the next 20 years or so. Currently, Detou...Read More
Turns out, actually being a genuinely good person is the easiest way to have influence over others, and get them to like you–weird, I know.In 1936 Dale Carnegie wrote How to Win Friends and Influence People after intense study of effective leadership, the psychology behind why people like each other, and how to approach tough situations without giving offense.Far from being sneaky ways t...Read More
Turns out, actually being a genuinely good person is the easiest way to have influence over others, and get them to like you–weird, I know.In 1936 Dale Carnegie wrote How to Win Friends and Influence People after intense study of effective leadership, the psychology behind why people like each other, and how to approach tough situations without giving offense.Far from being sneaky ways t...Read More