Category: Economy / Money / Gold

Google Owner Dumps His Shares

One of the owners of Google Eric Schmidt, has filed with the SEC to sell 42% of his stake in the company for $2.5 billion. “This is a routine diversification of assets and Eric remains completely committed to Google,” Niki

Argentina Update: Gov’t Now Bans Advertising

Argentina is a classic example of a facist state. They banned price rises at the supermarket and now they have banned advertising to weaken the independent newpapers that publish accurate figures on the real inflation in the country. The power

Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%

The currency wars have started. Venezuela has just devalued their currency by 46%. Here is the story by Tyler Durden at Tyler is considered one of the most influential financial writers in the world. Argentina froze supermarket prices last

Insiders Selling Hot and Heavy

Directors of stock exchange companies are known as “insiders”. For them to buy and sell their company’s shares, they have to register their trades with the Securities & Exchange Commission (SEC).  In the last week or so inside trades have

Trader’s Mystery $11.25 Million Options Bet

An ‘options trader’ has made a $11.25 million dollar ‘bet’ that something very bad will happen within the next 60 days. What does this person know that we don’t? According to this story from Business Insider, we all need to