How does this work?
- Due to an avalanche of spam we have closed registration. This part of the site is now read only. No more digging or burying .
- "Recent" is of course all recent stories sorted by the time they were added, the last items added are shown first.
- "Upcoming" are stories that will be added to "Recent" after a short time period. (Currently 30 minutes)
- If you see a page take a while to load, that means we're updating the database with fresh stories. You don't have to wait, you can just browse on.
- This site doesn't rely on user contributions for its stories, like DIGG etc. All stories here are fetched automatically from RSS feeds.
- By the way this site is mostly about "Music News", but I guess you already figured that out. There's a few non music things but not too many.
- In order to keep the database somewhat under control all older stories will be deleted once a week, probably all stories older than one or two weeks or so, maybe a month, we'll see. Nobody cares about yesterday's news anyway I reckon.
| Central Banks to Dominate the Forces of Movement in the Week Ahead |
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submitted by mephisto 2 hours ago (via zerohedge.com) | |
| The most important force that has lifted the US dollar across the board is the sense, encouraged by official comments, of the potential divergence in the trajectory of monetary policy between the US and most of the other major high income countries. In particular, the pendulum of market psychology has swung back toward speculation of tapering off of QE-related asset purchases by the Federal R |
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| Is EVERY Market Rigged? |
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submitted by mephisto 2 hours ago (via zerohedge.com) | |
| CNN reports:The European Commission raided the offices of Shell, BP and Norway’s Statoil this week as part of an investigation into suspected attempts to manipulate global oil prices spanning more than a decade. None of the companies have been accused of wrongdoing, but the controversy has brought back memories of the Libor rate-rigging scandal that rocked the financial world last year. |
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| White House Damage Control Script Jeopardized By New Disclosures |
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submitted by mephisto 2 hours ago (via zerohedge.com) | |
| It has been a tough weekend for the President. First, the CEO of the Associated Press states the government's seizure of AP phone records was "so broad and so secret," among other factors, "that it was an unconstitutional act," adding that it had already had a chilling effect on newsgathering and press freedom... Add to that James Goodale's comments (the leading force behind the release of t |
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| The 'Other' Way To Exit The Euro... |
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submitted by mephisto 2 hours ago (via zerohedge.com) | |
| With unemployment rates running at all-time record highs across the peripheral European nations and the rise of nationalist (some might say extremist) parties, it remains somewhat surprising that there has not been greater social unrest (yet). The people of Europe are caught in a hinterland of knowing what is best in the long-run but fearing the short-term band-aid ripping pain of exiting the poli |
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| Yen Surges In Early Trading, Takes Out USDJPY 102 Stops |
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submitted by mephisto 4 hours ago (via zerohedge.com) | |
| "Easy come, easy go, when the market is GETCO"That should be the motto of every momentum trader who decided on Friday to buy the USDJPY just because it was 2pm, and then, when 3:30 pm came around, and the momentum chasing algos woke up, then pat themselves on the back for a "job well done." Because in early trading, before even the Japan open, the USDJPY, following on comments by Japan's econ mini |
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| Crushed By Soaring Energy Costs, Japan Prepares To Reactivate Its Nuclear Power Plants |
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submitted by mephisto 4 hours ago (via zerohedge.com) | |
| In what was painfully obvious to everyone with half a brain months ago (see here) Japan's desperate gambit at reflating would backfire massively by sending energy prices soaring in a world in which Japan no longer has access to internally producer, nuclear power plants and is forced to import all of its energy from abroad. For a glimpse of the horrors awaiting Japan's utilities and those consumers |
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| Adding Insult To Injury, South African Gold Mining Union Demands Up To 60% Wage Hikes |
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submitted by mephisto 4 hours ago (via zerohedge.com) | |
| In case the complete disconnect of paper selling from physical hand-over-fist buying (see this chart to explain all the gold activity in Q1 which can be summarized in two words: paper liquidation) were not enough to send the price of precious metals to zero, then news that quite soon gold mining companies in one of the world's largest producers of gold may be going out of business, leading to a co |
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| Silver Plunges As Yen Stop Surge Triggers Margin Liquidation |
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submitted by mephisto 4 hours ago (via zerohedge.com) | |
| Not a moment after someone was slammed with a massive margin call following the hit of 102 USDJPY stops as we noted moments ago, was that same someone(s) forced to dump a whole lot of silver in thin, no volume trading taking out the entire bid stack on what can only be described as "get me the hell out and pay me anything" liquidation, sending the precious metal to just over $20, before yet anothe |
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