Commercial Intelligence – Page 92 – Public Intelligence Blog

2015/07/132015/07/12

Berto Jongman: Legalized Financial Crime — LIBOR & Foreign Exchange Manipulation by City of London and Wall Street Excused By US & UK “Authorities”

03 Economy, 07 Other Atrocities, 10 Transnational Crime, Commerce, Commercial Intelligence, Corruption, Government

History's Largest Financial Crime that the WSJ and NYT Would Like You to Forget

To review the bidding, the LIBOR bid rigging cartel was the largest cartel in history, manipulating the prices of an estimated $300+ trillion in assets. That is a figure considerably larger than the world's combined GDP. … Until recently, I called the LIBOR cartels the largest in history by at least three orders of magnitude. The rigging of foreign exchange (FX) “markets,” however, is so large that that I now have to say that they represent the two largest cartels in history by roughly three orders of magnitude. Both cartels consisted of most of the world's largest and most elite banks.

2015/07/132015/07/12

Nikola K. Gvosdev: National Interest on China, Russia, India

Commercial Intelligence, Peace Intelligence

China's Master Plan to Thwart American Dominance in Asia

Nikola K. Gvosdev

The Ukraine crisis has permanently ruptured Russia’s ties to the West and pulled Moscow into a closer relationship with Beijing. … As much as Washington likes to trumpet its good relationship with India, the reality is that Xi has made cultivation of India much more of a priority than Washington has. India and Pakistan are also now set to become full members of the Shanghai Cooperation Organization—which means that New Delhi has yet another institutional framework for conducting its relations with Russia and China in a forum that excludes the United States.

Continue reading “Nikola K. Gvosdev: National Interest on China, Russia, India”

2015/07/132015/07/12

Antechinus: Are Big Banks Manipulating Gold Prices?

Commercial Intelligence

Are Big Banks Using Derivatives To Suppress Bullion Prices?

The Federal Reserves’ agents, the bullion banks (principally JPMorganChase, HSBC, and Scotia) sell uncovered shorts (“naked shorts”) on the Comex (gold futures market) in order to drive down an otherwise rising price of gold. By dumping so many uncovered short contracts into the futures market, an artificial increase in “paper gold” is created, and this increase in supply drives down the price. Seven years of bailing out the big banks that control the Federal Reserve and US Treasury at the expense of the US economy has threatened the US dollar to the extent that the dollar must be protected at all cost, including US regulatory tolerance of illegal activity to suppress gold and silver prices.

2015/07/052015/07/04

SchwartzReport: Asia Owns the Future — Two Thirds of Global Middle Class in Asia by 2030

02 China, 03 Economy, 03 India, 04 Indonesia, 08 Wild Cards, 11 Society, Civil Society, Commerce, Commercial Intelligence, Cultural Intelligence, Government

As this report spells out, “By 2030, Asia-Pacific countries will comprise nearly two-thirds of the global middle class, dwarfing the projected one-fifth for Europe and North America combined.” Along with climate change this is one of the great geopolitical meta-trends that will define the 21st century. In the U.S., one has to also add The Emerging White Minority Trend. And yet you will find barely a mention of this anywhere in corporate media. Why is that do you think? Austerity economics and deregulation have virtually destroyed the American middle class, certainly made it a shadow of its former self. In those European countries which embraced Austerity Economics a similar process has been going on. At the same time India, China, the Asia-Pacific nations, are creating a middle class that will dwarf its White counterpart. Power will shift. Our intransigence concerning climate change, means leadership will go elsewhere, and will increase the speed of this transfer. We are going into a different world. And because profit is our only cultural priority, we are doing it rather badly.

5 Reasons America Should Fear the Global Middle Class

2015/06/302015/06/28

Sepp Hasslberger: EU Not Greece Is Source of Collapse

03 Economy, 08 Wild Cards, 11 Society, Civil Society, Commerce, Commercial Intelligence, Corruption, Government

The problem is not Greece, the problem is in how the EU set up its finance and banking system. And yes, unless we get a serious reform going, the EU is likely to see economic collapse.

The U.S. And EU Will Collapse Regardless Of Economic ‘Contagion’

EXTRACT

Never forget this: The EU is in trouble not because of Greece, but because of forced supranational interdependency. The EU by all rights should not exist, nor should any centralized supranational single currency system.

2015/06/282015/06/27