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Is There a Euro Short Squeeze?
Tuesday, January 3, 2012 - 11:16am | 451Read More...The euro started the year with an aggressive move on Tuesday, rallying over 0.70% against the US dollar. Against the British pound, the euro gained just over 0.20%. European stocks also saw a strong session on Tuesday. The German DAX rallied about 1% at its highest point. Last week, data released...
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Regulators: We Know Where MF Global Funds Went
Thursday, December 15, 2011 - 2:34pm | 736Read More...According to a Reuters report, regulators have made substantial progress in piecing together what happened to missing funds from client accounts in the days prior to brokerage MF Global's collapse. They are currently trying to sort out which transactions were legitimate and which were not before...
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CFTC Charges New Century, Ward Onsa With Operating Ponzi Scheme
Wednesday, April 6, 2011 - 11:44am | 100Read More...The U.S. Commodity Futures Trading Commission (CFTC) today announced that it is charging New Century Investment Management, and it's principal, Ward Onsa, with solicitation fraud, misappropriation and issuing false account statements to commodity pool participants. New Century and Onsa are alleged...
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J.P. Morgan Getting Squeezed In Silver Market? (SLV, JPM)
Monday, December 6, 2010 - 3:44am | 934Read More...It is widely known that J.P. Morgan (NYSE: JPM) holds a giant short position in silver. Furthermore, some observers are accusing the bank of acting as an agent for the Federal Reserve in the market - every tick higher in the price of silver undermines confidence in the U.S. Dollar. A lower silver...
