Experts knock AGF’s $2trn loot recovery claim
Some eminent Nigerians and experts have faulted the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, over his comments that the EFCC had recovered more than $2…
Nigeria to issue N90b bonds on Feb 10
Nigeria plans to raise 90 billion naira ($452.26 million) worth in local currency denominated bond at an auction on Feb. 10, the Debt Management Office (DMO) has said. The second…
This African Country Was Just Named Third Most Miserable Economy In The World
Bloomberg has released its latest report of the worlds most miserable economies of 2015. According to the report Venezuela came first as the world’s most miserable economy. Venezuela has been…
Craig Hemke: Unhinged Silver Fix and S&P Death Candle
Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL) I sat down with Craig Hemke, TFMetals Report to get a much-needed update on the S&P…
PBOC In Da House? Yuan Spikes To 3-Week Highs
Its deja vu all over again in the land of speculative Yuan shorts today. With Golden Week looming, it appears PBOC is stomping on the throat of speculative shorts in…
Gold Jumps, Stocks Dump As Dollar Tumbles
Yesterday’s v-shaped recovery is disappearing fast as the USD dumpage continues. Gold, Silver, and Treasuries are aggressively bid as stocks and credit plunge in the pre-market… The USDollar is dumping……
Oil Spikes Near $33 After Turkey-To-Invade-Syria Rumor
Yesterday it was chatter of 6 (non-Saudi) OPEC members agreeing to an emergency meeting (to do what exactly?) that ramped crude (despite dismal production, inventories, and demand data). Today it…
One Of The Biggest High Frequenecy Traders Warns Of Potential Market “Catastrophe”
Back in April 2009, we wrote what may be the first seminal article predicting the failure of capital markets as a result of widespread predatory high frequency trading and fragmented…
German DAX Plunges To 1 Year Lows As Deutsche Bank CoCos Crash
The collapse of Deutsche Bank continues to not just accelerate but to contagiously spread… Deutsche Bank’s CDS continues to push higher…smashing European bank risk to its highest since 2013… And…
Martin Shkreli Pleads The Fifth During Congressional Hearing On “Skyrocketing” Drug Prices – Live Feed
Update: Martin Shkreli has pleaded the Fifth amendment right against self-incrimination during the hearing. Everyone’s favorite pharma “bro” Martin Shkreli is set to testify before the House Committee on Oversight…