47 days ago
Genflow Biosciences (GENF), the company floated with the backing of twice convicted penny share pump and dump fraudster Ron Bauer still refuses to answer questions about a 4 million Euro grant it claimed to have been awarded on 22 October 2024 by the Wallonia regium of Belgium. The cash was meant to fund three year’s work.
366 days ago
1660 days ago
Always spotless, green and neat, The smoothest woke spin gets them. I misquote, of course. But I am sure that the lead singer of the Undertones, who produced the classic My perfect cousin, now that we have a CD machine here, often playing this year at the Greek Hovel, will not object. These days Feargal spends his time campaigning on river quality. What else would an ageing punk do? The tweet below demonstrates the hypocrisy of big finance on ESG matters.
1871 days ago
On its website Supply@ME Capital (SYME) makes a lot of bold claims concerning its business proposition for its potential corporate customers such as:
1885 days ago
Analyst David Kranzler of Investment Research Dynamics argues that banks like JP Morgan leverage commodity market options via manipulating prices via massive amounts of paper contracts. This manipulation is a source of massive profits for these bullion banks and is permitted because it benefits Central Banks. These shock and awe hits to the market are designed to shake out weak participants.
2000 days ago
Analyst Andy Schectman of Miles Franklin makes a very compelling case for past market manipulation by large banks like JP Morgan. He sees a perfect storm coming soon – one where there will be no safe haven assets except precious metals. He argues that bonds no longer have real returns when you consider inflation and are guaranteed to lose money.
3605 days ago
Sam Antar's interview was the highlight of Gold & Bears. The guy is a comedy genius as well as a fraudster genius as you can see here. Today he is having a go at listed timeshare companies which are being touted by banksters at a JP Morgan conference as a new hot thing. Sam vs the banksters: I know who I'd back. As ever the man is a bit of a wit. Sam starts with this tweet:
4271 days ago
Some folks get terribly excited about broker research reports. Henry at JP Morgan upgrades his stance from overweight to buy, Goldman’s removes a stock from its Conviction List but still rates it as buy. You know it all means sweet FA. Sorry to market reporters who fill column inches with this stuff but it is meaningless.
Brokers earn sod all from secondary trades that is to say from funds buying or selling shares on the back of research. Hence the real purpose of paying vast sums to analysts is to churn out documents to keep corporate clients (PLCs) happy and to lure in others. As such you rarely get sell notes.
Consider this: global stockmarkets are at near record highs. Does that, on balance, make you think that the vast majority of stocks are buys with only a few sells or perhaps it is the other way round? I would suggest that with markets at record highs this is not a “fill yer boots” moment.
And so
4403 days ago
Today it is JP Morgan getting it in the neck with a $1.7 billion fine for not blowing the whistle on Ponzi scheme operator Bernie Madoff. Ahead of the Madoff collapse JP Morgan got most of its own capital out of Madoff funds. Others were not so prescient. Step forward the fund manager dubbed (by her own PR machine) superwoman – Nicola Horlick.
