Goldfinger redux

By MICHAEL GRAY A London-based precious metal trader who late last week blew the whistle on JPMorgan’s commodity-trading manipulation within the silver and gold markets has been hospitalized along with his wife in a freak car accident over the weekend reminiscent of scene out of James Bond film. Andrew T. Maguire, who for more than […]

Sovereign Debt Spiral

By MICHAEL GRAY The Greek debt tragedy currently unfolding may be the canary in the coalmine to the ultimate unraveling of the European Union. The weapon of mass destruction is public-private partnerships. The special entities where private industry takes loans out for government projects and the sovereign entity become guarantors of the loan. As the […]