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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Horgad who wrote (151786)	11/25/2019 7:57:04 AM
From: TobagoJack	Respond to of 219660

Re <<That can’t be good>> You have a good sense of irony and humor. Good reminder re GLD for I wasn’t tuned-in. As HSBC global HQ is in London but HQ building and main listing is in HK, the bank is a complicated creature. The HSBC America is some variation of a subsidiary. Believe custodian for GLD is the London outfit. Let’s watch. Pretty sure the story has a few more pages. Receive gold porn this day ...

To: Horgad who wrote (151786)	11/27/2019 5:53:30 PM
From: TobagoJack	Read Replies (1) \| Respond to of 219660

Hmmmnnnn .... zerohedge.com "Uninvestable": Interest In Oil Service Stocks At A "Career Low", Piper WarnsThere have been few sectors dripping with apathy of late quite like the oil services sector. On Tuesday, The Philadelphia Oil Service Sector Index fell 2% again, adding to a 15% drubbing it has taken this year so far, according to Bloomberg. Over the same period of time, the S&P 500 index has risen 25%. Piper Jaffray sent analysts to New York recently to gauge investor interest in the industry, which remains tepid. The company's analysts wrote in a note: “Not surprisingly, interest in oil service stocks is at a career low, if one’s marketing schedule is an indication of interest." They stated that marketing trips in the oil services sector consist of “a sparse two-day schedule featuring plenty of coffee time between meetings.” Years prior, such trips would often include back-to-back meetings along with group lunches and dinners, the analysts said. U.S. Stocks to Have a Very Good Year in 2020: Pepper International Oilfield stocks remain a concern due to their leverage, profitability concerns and poor well returns. NEVER MISS THE NEWS THAT MATTERS MOST ZEROHEDGE DIRECTLY TO YOUR INBOX Receive a daily recap featuring a curated list of must-read stories. Bank of America even commented in a recent note that Apple, on its own, is worth more than the S&P 500 Energy Index, which includes names like Conoco, Exxon and Chevron. Many oil stocks now have dividend yields between 3% and 5%, but that hasn't been enough to convince investors to buy into the weakness. “Collectively, the consensus view is that the oil service sector remains un-investable,” Piper's analysts concluded. But not everybody agrees. Recall, just last week we noted that Sam Zell and other billionaires were starting to circle the oil industry like vultures, scooping up assets from distressed companies on the cheap.

To: Horgad who wrote (151786)	12/21/2019 8:29:51 PM
From: TobagoJack	Read Replies (1) \| Respond to of 219660

the intention, I have made up mind, is to liquidate long-held paper gold in one domain where the bank no longer is on the hook for its obligations, and move the order of battle to another domain where I can generate premium by trading options against essentially the same type of paper gold with at least some remote semblance to physical living like a refugee in the meantime, it appears that the banks always get to know some things in more timely fashion than the rest of us ... bloomberg.com HSBC and JPMorgan Traders Accessed BOE Audio Feed, FT Says Joe Mayes 21 December 2019, 18:41 GMT+8 The Bank of England Photographer: Jason Alden/Bloomberg Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Traders at HSBC Holdings Plc and JPMorgan Chase & Co. are among those who accessed a high-speed audio feed of Bank of England press conferences, according to the Financial Times, which cited an unidentified person. HSBC and JPMorgan declined to comment to Bloomberg News. Investment banks across the City are trying to establish whether their traders used the feed, which is subject to a probe by the U.K.’s financial regulator, the FT reported. The probe is considering whether the faster audio, a backup feed of the Q&A sessions hosted by BOE Governor Mark Carney and accessed by a third-party supplier, could have given traders an unfair advantage. Carney’s words can move the price of the pound or U.K. gilts, and even a few seconds of time delay can be enough to get a trade in ahead of a market move. The audio breach, first reported by the Times of London on Thursday, has been embarrassing for the BOE, as central bank announcements are among the most market-sensitive of any news releases. Major monetary authorities employ tight arrangements for how their information is released. It’s Amateur Hour at the Bank of England: Marcus Ashworth In another development, Livesquawk, one of the companies that sells fast audio feeds to traders, attended a BOE press conference in 2016 and asked Carney a question, having the day before encouraged traders to send in their questions over Twitter, the Times reported. Livesquawk denies any wrongdoing. The Financial Conduct Authority, which oversees insider-trading probes, will likely investigate whether trading occurred based on the early information from the feed. It could also look at whether the audio provider broke market abuse rules by disseminating the information. The Times of London on Thursday named the third-party contractor as Encoded Media, a British firm which shares directors with news service provider Statisma, according to the Companies House registry. The news broke a day before Andrew Bailey, the head of the FCA, was chosen to replace Carney as BOE governor. Statisma can deliver feeds as much as 10 seconds faster than TV channels including Bloomberg, according to a website for a company that describes Statisma as one of its partners. Statisma said on its own website it doesn’t release information “without it first being made available to the public.” It said: “It is impossible to ‘hack’ or ‘eavesdrop’ any live public event or press conference. Any such suggestion is dismissed out of hand.” (Updates with HSBC declining to comment in second paragraph.) Before it's here, it's on the Bloomberg Terminal. LEARN MORE