Search Results for: commodity
Alert! Individuals and entities charged with fraud in Binary Options trading scheme
September 3rd, 2019
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois charging five entities and four individuals with fraud relating to a global retail binary options enterprise ...
Negative interest rates and gold
August 30th, 2019
The reason for persistent strength in the price of gold can be found in the changing relationship between time preference for monetary gold, and a new round of interest rate suppression for the dollar. Evidence mounts that the ...
Our costly dalliance with Lord Keynes
August 28th, 2019
In “The General Theory of Employment, Interest and Money”, Keynes virtually created macroeconomics. But Keynes was a mathematician, not an economist, and did not fully understand free markets, so he was hardly qualified to emerge as the most ...
Principal of Binary Options trading firm to a pay $200,000 penalty
August 5th, 2019
The U.S. Commodity Futures Trading Commission issued an order filing and settling charges against Curtis Dalton of Middleton, Massachusetts, requiring him to pay $200,000 for offering illegal off-exchange retail commodity transactions to U.S. and overseas customers while failing to ...
European shares joined a China-driven global sell-off on Monday
August 5th, 2019
European shares joined a China-driven global sell-off on Monday, dragged down heavily by commodity-linked stocks as anxiety over trade frictions with the United States sent the country’s yuan below 7 per dollar for the first time in a decade. ...
Beware of social media-based Forex fraud scheme
July 25th, 2019
Defendant to pay more than $2.9 Million in social media-based Forex fraud scheme. The Commodity Futures Trading Commission (CFTC) announced that U.S. District Court for the Southern District of Texas entered judgment against defendant Kelvin Ramirez of Houston, Texas ...
Bitcoin vs Libra
July 22nd, 2019
Bitcoin vs Libra: Here are the key differences between the two cryptocurrencies Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they’re used. CNBC runs through the key differences between ...
The financial war escalates
July 3rd, 2019
Behind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At a time of growing liquidation of dollar assets by foreigners, the US Treasury’s internal analysis will highlight ...
Company charged in $147 million fraudulent bitcoin trading scheme
June 19th, 2019
The Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action (Complaint) in the U.S. District Court for the Southern District of New York against defendants Control-Finance Limited (Control-Finance), a purported Bitcoin trading and investment company, ...
Early Monday Review: Euro little moved as EU vote shows limited gains by nationalists
May 27th, 2019
Asia stocks edged up early on Monday, and the euro was confined to a narrow range after the weekend’s European Parliament elections highlighted the deepening political fragmentation of the 28-country bloc. The euro was a shade higher at $1.1211, ...
