Free Republic

Apparently, despite the denials from the Biden Administration, someone at Bureau of Labor Statistics or someone in Congress or the Federal Reserve or the Biden Admininstration itself likely tipped the wink on the soft CPI report on Tuesday. Treasuries were well on the front-foot in the lead up to the below-estimate November CPO print, as a surge of buying took place seconds before the official 8:30 am New York release time. Over a 60 second period before the data, 13,518 March 10-year futures traded as the contract moved from 114-04+ up to 114-22. Gains were then extended up to 115-11...

Nancy Pelosi announces she is running for re-election

Federal Reserve Chairman Jerome Powell sold between $1 million and $5 million in stocks at the beginning of October 2020 — a month that turned out to be the worst for Wall Street since the beginning of the COVID-19 pandemic. The transaction, which is noted on a public disclosure form Powell signed off on in May and was first reported Monday by The American Prospect, is an uncomfortable echo of activities that led to the recent resignations of two regional leaders of America’s central bank.... ...As Powell played the market, he was calling on Congress to pass a second COVID-19...

By any objective standard the portfolio would make any financial superstar green with jealousy. Fueled by his understanding of the inflationary policies unrelentingly pushed by his colleagues in Washington, Ron wisely loaded up on gold and gold mining stocks in the mid to late 1990s when those assets were regarded as the poor stepchildren of Wall Street. Although these assets have significantly beaten the broad markets over the one and three year time frames used in the article, most of their phenomenal gains occurred earlier in the last decade. McTague, however, completely neglects to mention this despite his noting that...

Has anybody know anything as to why Cantor tabled the Inside Trading Bill. He said something about the bill needs more looking into? Hay, Cantor let me write the bill. Even a Elected Elite would understand. 1)All Federal elected personal and immediate family are subject to inside trading laws and bribing laws. 2)All Federal employees and immediate family are subject to inside trading laws and bribing laws. 3)All Non Paid Staff members and immediate family are subject to inside trading laws and bribing laws.

Listening to an interview of Peter Schwiezer talking to Steve Bannon (Director of Palin's Undefeated movie)...There's a whole chapter in Peter's new book exposing Warren Buffet. Supposedly he is involved in insider trading. This chapter of Schweizer's book shows how his company got the sweetheart deal to invest in Goldman Sachs in the midst of the 2008 financial crisis. One member of Congress even bought Berkshire stock the day before the deal was even announced....It was a racket!