Jason Burack: More Former Metals Traders Charged (JP Morgan) With Gold Spoofing & Other Racketeering RICO Charges

Jason Burack: More Former Metals Traders Charged (JP Morgan) With Gold Spoofing & Other Racketeering RICO Charges

Wall St. For Main St., Released on 8/23/21 JP Morgan paid a $928 million fine for manipulating gold and silver markets in the last 24 months but last week 4 former JP Morgan metals traders were charged with spoofing and other racketeering (RICO) charges: https://www.reuters.com/legal/transac…  Commit to tipping us monthly for our hard work […]

Jason Burack: CP Lie – US Rents Soar, Housing Prices Up Enormously In Last Year While CPI Says Rent Up Only 2.4%

Jason Burack: CP Lie – US Rents Soar, Housing Prices Up Enormously In Last Year While CPI Says Rent Up Only 2.4%

Wall St. For Main St., Released on 8/20/21 Owners’ equivalent rent of residences, which makes up almost a quarter of the consumer price index, rose 2.4% in July from a year earlier versus reality where rents on newly signed leases surged 17% in July when compared to what the prior tenant paid, reaching the highest […]

Jason Burack: What Paper Price Smash? Brazil, Central Banks, India & Palantir Load Up On Physical Gold

Jason Burack: What Paper Price Smash? Brazil, Central Banks, India & Palantir Load Up On Physical Gold

Wall St. For Main St., Released on 8/18/21 Brazil gold reserves surge nearly 100% in three months as Central Bank doubles purchases – reports https://www.rt.com/business/532085-br… Palantir Invests in More SPAC Companies, and Buys $51 Million in Gold Bars https://www.barrons.com/articles/pala…  Commit to tipping us monthly for our hard work creating high level, thought provoking content […]

Jason Burack: Can’t Taper A Ponzi Scheme? Ray Dalio Says Fed Can’t Taper Despite What Fed, Wall St & PhD Econs Say

Jason Burack: Can’t Taper A Ponzi Scheme? Ray Dalio Says Fed Can’t Taper Despite What Fed, Wall St & PhD Econs Say

Wall St. For Main St., Released on 8/15/21  Is Ray Dalio being honest now that he’s made billions more for himself and his investors the last decade? Fed officials say tapering is near, advancing discussion on rate hike https://finance.yahoo.com/news/feds-b… So while Fed governors are supposedly preparing to taper and hike rates, retired billionaire hedge […]

Jason Burack: Gold’s Paper Price Smashed Again + Another Guilty Metals Trader Gets Light Sentence

Jason Burack: Gold’s Paper Price Smashed Again + Another Guilty Metals Trader Gets Light Sentence

Wall St. For Main St., Released on 8/10/21 Ex-Merrill Lynch Gold Traders Found Guilty in Spoofing Trial https://news.bloomberglaw.com/banking… Yes, the trader was found guilty. But, what the article did not say was how many charges in the RICO investigation that the judge dropped, like commodities fraud, that were far more serious than the one charge […]

Jason Burack: China’s Largest Real Estate Developer Is In Big, Big Trouble

Jason Burack: China’s Largest Real Estate Developer Is In Big, Big Trouble

Wall St. For Main St., Released on 8/9/21 Is China’s largest real estate developer, Evergrande, in big trouble? Will it need a bailout or to be taken over by the Chinese government soon? As China’s debt risks grow, here are 3 warning signs to watch https://www.cnbc.com/2021/07/21/as-ch… Opinion: This is your final warning — Chinese stocks […]

Jason Burack: World’s Largest Pension Fund Announces Its Selling Over 34% of Its US Treasury Holdings ASAP?

Jason Burack: World’s Largest Pension Fund Announces Its Selling Over 34% of Its US Treasury Holdings ASAP?

Wall St. For Main St., Released on 8/2/21 The world’s largest pension fund (in Japan) announced in the last 24 hours that it is selling over 34% of its US Treasuries. World’s biggest pension fund makes record cut to U.S. bond weighting https://www.japantimes.co.jp/news/202… Maybe this is why the Fed announced last week that it is […]

Jason Burack: More Gold & Silver “Accounting Errors” From COMEX, Trader Says Bosses Taught Him How To Manipulate

Jason Burack: More Gold & Silver “Accounting Errors” From COMEX, Trader Says Bosses Taught Him How To Manipulate

Wall St. For Main St., Released on 7/29/21 Ex-Merrill Trader Says Co-Workers in Spoof Trial Taught Him How https://finance.yahoo.com/news/ex-mer…  TF Metals Tweets on CME/COMEX “Accounting Error” overstating silver in vaults by 1.23 billion ounces! 1) 1.23BILLION ounces (38,000 mts) of silver to Loomis’ Comex silver vault yesterday, the ounces simply disappear today. No notation. […]