Search Results for: Asic
Are you brave enough to profit from a collapse in gold?
August 4th, 2015
If you are, put your money where your mouth is and buy put options OK, gold haters. It’s time to put your money where your mouth is. You think gold could be going down to $350 an ounce? That’s great. ...
Bailout Money Goes to Greece, Only to Flow Out Again
August 3rd, 2015
The Greek businessman was nervous as he carried a suitcase stuffed with cash through security at the Athens airport a few months ago. But the distracted and overworked officials waved him through. A few hours later the man touched ...
NFA takes emergency enforcement action against commodity trading advisor
July 31st, 2015
National Futures Association (NFA) announced today that it has taken an emergency enforcement action against Jonathan Parker (Parker), an NFA Member commodity trading advisor (CTA) located in Woodstock, Ga. This action was taken to protect Parker’s customers since NFA believes that ...
The IMF: A cure or disease?
July 30th, 2015
The economy plays a vital role in determining the welfare of people’s lives. The word “economy” may sound simple but its effect on people in terms of social, political, judicial and psychological aspects are tremendous. The family, the basic ...
Snapshots of the Global Energy
July 29th, 2015
When the BP Statistical Review of World Energy is published each year, I skim through the figures and tables as a way of grounding myself in some basic facts. Here’s are a few things that caught my eye this year. Here’s ...
Interdealer broker Tullett Prebon acquired MOAB Oil broker and announced Financial Results
July 29th, 2015
Tullett Prebon plc (the “Company”) announced that it has acquired MOAB Oil, Inc. (“MOAB”) a leading independent broker of physical and financial instruments in the energy markets. MOAB’s expertise includes physical gasoline, gasoline blending components, oil product swaps, ethanol, ...
Eurozone debt crisis: why the Greece deal will work
July 27th, 2015
The deal between Brussels and Athens is actually a good one for both sides Now that Greek banks have reopened and the government has made scheduled payments to the European Central Bank and the International Monetary Fund, does Greece’s ...
Oil under $48-a-barrel, but analyst sees a bottom
July 27th, 2015
Oil prices are trading sideways on Monday after last week’s fall due to a supply overhang as well as a broadly strong dollar. Brent crude LCOU5, -0.16% , the global oil benchmark, rose 5 cents to $54.50 a barrel on London’s ICE ...
FATCA Faces Lawsuit, Taxpayer Advocate’s Criticisms
July 23rd, 2015
As I expected, the Foreign Account Tax Compliance Act (FATCA) and its related controversies have not gone gently into that good political night. For starters, Republican U.S. Senator Rand Paul from Kentucky is part of a legal battle, filed ...
Whistleblower Laws Fail to Curb Toshiba Accounting Fraud
July 23rd, 2015
One of the more intriguing questions stemming from the Toshiba Corp. accounting scandal is this: Where was the whistleblower? Top executives at the Japanese industrial conglomerate, which makes everything from refrigerators to nuclear reactors, padded pretax profit by at ...
