Petrodollar Alert: Putin Prepares To Announce "Holy Grail" Gas Deal With China
Submitted by Tyler Durden on 03/21/2014
Russia is preparing the announcement of the "Holy Grail" energy deal with none other than China, a move which would send geopolitical shockwaves around the world and bind the two nations in a commodity-backed axis. One which, as some especially on these pages, have suggested would lay the groundwork for a new joint, commodity-backed reserve currency that bypasses the dollar, ...
http://www.zerohedge.com/news/2014-03-21/petrodollar-alert-isolated-west-putin-prepares-announce-holy-grail-gas-deal-china
Russia is preparing the announcement of the "Holy Grail" energy deal with none other than China, a move which would send geopolitical shockwaves around the world and bind the two nations in a commodity-backed axis. One which, as some especially on these pages, have suggested would lay the groundwork for a new joint, commodity-backed reserve currency that bypasses the dollar, ...
http://www.zerohedge.com/news/2014-03-21/petrodollar-alert-isolated-west-putin-prepares-announce-holy-grail-gas-deal-china
Goldman Doubles Down Its Hate On The Best Performing Asset Of 2014: Gold
03/21/2014 - 17:12
As gold completes its golden cross today and remains by far the best-performing asset of 2014, we thought it intriguing that Goldman Sachs' commodity group would issue a strong "sell your gold" recommendation... of course, when Goldman's clients are selling, who is buying? As a reminder, the last time the bank was extremely bearish on gold (about a year ago), our skepticism at the time was well warranted as Goldman was in fact the largest buyer of gold in the following quarter.
http://www.zerohedge.com/news/2014-03-21/goldman-doubles-down-its-hate-best-performing-asset-2014-gold
As gold completes its golden cross today and remains by far the best-performing asset of 2014, we thought it intriguing that Goldman Sachs' commodity group would issue a strong "sell your gold" recommendation... of course, when Goldman's clients are selling, who is buying? As a reminder, the last time the bank was extremely bearish on gold (about a year ago), our skepticism at the time was well warranted as Goldman was in fact the largest buyer of gold in the following quarter.
http://www.zerohedge.com/news/2014-03-21/goldman-doubles-down-its-hate-best-performing-asset-2014-gold
Credit Suisse Pays $885 Million to Settle FHFA Lawsuits
By Elena Logutenkova and Jeffrey Vögeli Mar 21, 2014
http://www.bloomberg.com/news/2014-03-21/credit-suisse-pays-885-million-to-settle-fhfa-mortgage-lawsuits.html
http://www.bloomberg.com/news/2014-03-21/credit-suisse-pays-885-million-to-settle-fhfa-mortgage-lawsuits.html
Turkey blocks Twitter days before vote as PM fights scandal
Canada Financial Minister resigns ...
now today Alberta premier resigns
Malaysia flight riddle: How can a passenger plane go missing in the age of universal surveillance?
Who Just Dumped $220 Million Nasdaq Futures In 1 Second?
on 03/21/2014 - 15:40
At 10:27:21 ET, the Nasdaq 100 e-mini futures contract suddenly dropped on extreme activity as someone decided it was an opportune time to dump 3000 contracts or around $220 million notional. As Nanex notes, the ETF - QQQ - also collapsed (with over 1200 trades in 1 second) as bids and offers were crossed and markets went flash-crashy for a few tenths of a second. The questions is - who was it?
http://www.zerohedge.com/news/2014-03-21/who-just-dumped-220-million-nasdaq-futures-1-second
At 10:27:21 ET, the Nasdaq 100 e-mini futures contract suddenly dropped on extreme activity as someone decided it was an opportune time to dump 3000 contracts or around $220 million notional. As Nanex notes, the ETF - QQQ - also collapsed (with over 1200 trades in 1 second) as bids and offers were crossed and markets went flash-crashy for a few tenths of a second. The questions is - who was it?
http://www.zerohedge.com/news/2014-03-21/who-just-dumped-220-million-nasdaq-futures-1-second
JPMorgan Agrees to Sell Commodities Unit for $3.5 Billion
Irish Bad Bank Said to Plan Sale of $418 Million Property Loans
By Neil Callanan and Donal Griffin Mar 19, 2014
NAMA was set up in 2009 by the government to take over 74 billion euros of risky commercial real estate loans held by Ireland’s banks and sell them over as many as 10 years.
http://www.bloomberg.com/news/2014-03-19/irish-bad-bank-said-to-plan-sale-of-418-million-property-loans.html
NAMA was set up in 2009 by the government to take over 74 billion euros of risky commercial real estate loans held by Ireland’s banks and sell them over as many as 10 years.
http://www.bloomberg.com/news/2014-03-19/irish-bad-bank-said-to-plan-sale-of-418-million-property-loans.html
