Free Republic

Speaking of crackdowns on commodities, the mob in India, the world's largest bullion consumer, is cracking down on gold...

The USDollar rally in the last several weeks has been remarkable. At closer examination, it highly resembles a spurt prior to death. Imagine an old man who just had a heart attack, lost feeling in certain body parts, his mind not working right, plenty of nonsense gibberish coming from his mouth, and now he is dancing hard on some last gasps. The vast liquidation movement is akin to the old man going through an embalming process while dancing atop the tables at the funeral parlor, as bidding proceeds for his cadaver. Are Americans last to realize the financial structure destruction...

Big jump in gold sale spurs manipulation talk Some analysts say only manipulation is government's attempt to take down oil By Moming Zhou, MarketWatch Last update: 7:54 p.m. EDT Aug. 29, 2008 NEW YORK (MarketWatch) -- Recent heat from Congress and regulators, along with public speculation, over whether commodity prices are being manipulated has also reached gold pits, where the debate was stirred by a surge in bets last month that gold prices would fall. "Congress is already investigating allegations of manipulation in the oil market, and it seems likely that it is only a matter of time before a...

  Suddenly the big news is about exaggerated earnings, disguised liabilities and the deception of all sorts of fraudulent, off-budget shenanigans. But, this time they were not talking about government. The topic was misdeeds by the captains of corporations. Businessmen! What's going on here? Don't these guys understand that only governments may violate the law with impunity? The answer is both yes and no. If publicly traded businesses kept their books like the federal government does, few of the corporations on our stock exchanges would be worth much of anything. But, if "generally accepted accounting practices" are what the law...