In this report I cover the early market activity from London on Wednesday, March 28th, 2018. I look at the precious metals, stocks and the foreign exchange markets. I note as well that yuan oil futures contract success is continuing after three days of trading as the September 2018 futures contract has traded more than 60'000 lots.
Later in the report I do a book review of "Bad Money" by Kevin Phillips. This book was published in 2008 just prior to the unravelling of the financial system after the collapse of Lehman Brothers and Mr Phillips was already warning back then about the recklessness of our financial system. I note that this book could have been published today in 2018 with not much editing as all the problems facing the financial system have not gone away and how Wall Street and the City of London banks are still in charge.
"Bad Money" by Kevin Phillips: https://www.amazon.co.uk/Bad-Money-Kevin-Phillips/dp/0143114808
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I agree 100%
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A really good review was a good choice of bad money book "by Kevin Phillips
Maybe it's very useful
You give us the best information
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Thanks @roselover
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Good analysis.
Thanks for sharing cryptocurrency update providing news .
I like dtube channel..
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I love your reports! Great job!
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Deutsche Bank is a ticking time bomb, their derivative positions are scary. In 2016 they almost exploded but since then people assume they have cleaned house but I doubt that very much given the extent of their positions.
The recent VIX saga should just how susceptible the financial system is to a significant price movement.
It seems no governments learned anything from 2008, or more so that they haven't found other ways to finance their campaigns other than taking money from corporations.
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This post has received a 0.37 % upvote from @drotto thanks to: @markcze.
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Lol "bad money" had me curious to watch
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