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Oct 29, 2015

Keiser Report - October 29, 2015: Money Laundering & Fraud Squads (E829)

Published on Oct 29, 2015
Check Keiser Report website for more:

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the financial sector ‘black material’, where all light is absorbed so that all manner of fraud escapes basic understanding. In the second half, Max interviews former fraud squad detective, Rowan Bosworth-Davies, about the money laundering business in London.

CNBC Watch The Republican Debate On Demand

See how the candidates handled the questions during the main event and our post-debate analysis.

PLUS, watch more videos about the debate!
  •  Watch the 6 P.M. debate
  •  Check out clips and highlights of who won and who lost
  •  See the moments that made the candidates and the audience laugh

The Guardian | World - October 29, 2015: China Ends One- Child Policy After 35 Years

China ends one-child policy after 35 years

Tom Phillips
China has scrapped its one-child policy, allowing all couples to have two children for the first time since draconian family planning rules were introduced more than three decades ago.
The announcement followed a four-day Communist party summit in Beijing where China’s top leaders debated financial reforms and how to maintain growth at a time of heightened concerns about the economy.
China will “fully implement a policy of allowing each couple to have two children as an active response to an ageing population”, the party said in a statement published by Xinhua, the official news agency. “The change of policy is intended to balance population development and address the challenge of an ageing population,”
Some celebrated the move as a positive step towards greater personal freedom in China. But human rights activists and critics said the loosening – which means the Communist party continues to control the size of Chinese families – did not go far enough.
“The state has no business regulating how many children people have,” said William Nee, a Hong Kong-based activist for Amnesty International.

GATA | THE GATA DISPATCH - October 29, 2015: GoldSeek Radio Interviews GATA Chairman From New Orleans Conference.

GoldSeek Radio interviews GATA chairman from New Orleans conference

Submitted by cpowell on October 29, 2015.  October 29, 2015

GATA Chairman Bill Murphy was interviewed this week by GoldSeek Radio's Chris Waltzek from the New Orleans Investment Conference, discussing whether fundamental and technical analysis will ever work in the monetary metals markets. Murphy says it's all a matter of whether and when central banks exhaust the metal available to them for price suppression. The interview is 12 minutes long and can be heard at GoldSeek here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

GATA | THE GATA DISPATCH - October 29, 2015: Venezuela's Gold Holdings Drop 19% From Jan.-May.

Venezuela's gold holdings drop 19% from Jan.-May

Submitted by cpowell on Thursday, October 29, 2015By Brian Ellsworth
Thursday, October 29, 2015

Venezuelan central bank gold holdings declined in value by 19 percent between January and May, according to its financial statements, likely reflecting gold swap operations and lower bullion prices.
The OPEC nation, struggling with stagflation due to low oil prices and a collapsing state-led economic model, holds a considerable portion of its monetary reserves in gold.
Reuters in March reported that the central bank was in talks with Wall Street to monetize about $1.5 billion of gold in reserves, an operation the bank did not confirm at the time. ...

... For the remainder of the report:

IRS Tax Tips - October 29, 2015: Report Life Changes to the Marketplace Banner

 IRS Tax Tips October 29, 2015

Issue Number:    HCTT 2015-69

Inside This Issue

Report Life Changes to the Marketplace
If you enrolled in insurance coverage through the Health Insurance Marketplace , you are required to report changes to the Marketplace when they happen, like changes to your household income or family size, because they may affect your eligibility for the advance payments of the premium tax credits.
Changes in circumstances that you should report to the Marketplace include, but are not limited to:
  • increases or decreases in your household income, including lump sum payments like a lump sum payment of Social Security benefits
  • marriage or divorce
  • the birth or adoption of a child
  • starting a job with health insurance
  • gaining or losing your eligibility for other health care coverage
  • changing your residence
For the full list of changes you should report, visit
Reporting changes will help you avoid getting too much or too little advance payment of the premium tax credit.  Getting too much means you may owe additional money or get a smaller refund when you file your taxes. Getting too little could mean missing premium assistance to reduce your monthly premiums.  Therefore, it is important that you report changes in circumstances that may have occurred since you signed up for your plan.
When you report a change, you may be eligible for a Special Enrollment Period.  For more information, visit

The Guardian | Business | Australia - October 29, 2015: Labor Warns Coalition Not to Change Land Access Rights Over CSG Mining.

Australia should drop 'lucky country' tag and nurture entrepreneurs – report

Daniel Hurst
Australia needs to become known as “an entrepreneurial country, not a lucky one” and should link university funding to the number of startups created by staff and graduates, a report published by the outgoing chief scientist says.
The report, commissioned by Prof Ian Chubb but written by an innovation consultant, suggests the entrepreneurship education activities of most Australian universities are relatively immature by global standards.
It questions the system for public funding of university research, saying there is an emphasis on output as measured by peer-reviewed research publications.
The report (PDF), released on Friday, says the process drives academics “to focus their efforts on producing publications rather than on engaging with industry or teaching students”.

“It discourages academics from pursuing applied research and commercial proof-of-concept work that will not lend itself to publications in top journals, even if it could lead to significant economic impact via creation of new technologies and startups,” writes Colin Kinner, director of Spike Innovation, a consulting firm.

WSJ | Major Indexes Closing on October 29, 2015.

The Wall Street Journal Major Indexes Closing
Major Indexes 5:45 p.m. EDT 10/29/15
Last Chg % Chg
DJIA* 17755.80 -23.72 -0.13
DJ Transportation Average* 8138.00 67.92 0.84
DJ Utility Average* 577.86 -4.91 -0.84
Nasdaq* 5074.27 -21.42 -0.42
Nasdaq 100* 4670.76 -7.81 -0.17
S&P 500* 2089.41 -0.94 -0.04
S&P 400 Mid-Cap* 1445.78 -7.79 -0.54
S&P 600 Small-Cap* 691.70 -6.85 -0.98
DJ Total Stock Market* 21594.20 -38.26 -0.18
NYSE Composite* 10498.16 -40.04 -0.38
NYSE Financial* 6522.88 -47.69 -0.73
Russell 2000* 1165.63 -13.09 -1.11
NYSE MKT Composite* 2312.50 -4.14 -0.18
KBW Bank* 73.98 -0.88 -1.18
PHLX Gold/Silver* 52.25 -1.84 -3.40
PHLX Housing Sector* 228.33 -4.68 -2.01
PHLX Oil Service* 175.46 -1.96 -1.10
PHLX Semiconductor* 656.94 -20.27 -2.99
* at close
See All Major U.S. Indexes

WSJ | Forex Closing on October 29, 2015.

Major Currencies
Thursday, October 29, 2015
US$ vs.
AmericasIN US$PER US$% CHG
Argentina peso0.10509.5209-0.08
Brazil real0.25973.8509-1.50
Canada dollar0.75921.3173-0.14
Chile peso0.001452688.900.16
Colombia peso0.00034302915.76-0.18
Ecuador US dollar11unch
Mexico peso0.060116.6297-0.05
Peru new sol0.30463.28350.19
Uruguay peso0.0339829.43000.03
Venezuela bolivar0.15852766.30810.04

WSJ | Biggest Decliners Closing on October 29, 2015.

NYSE Biggest Percentage Decliners | Nasdaq | Arca | Composite
Thursday, October 29, 2015 - 4:47 pm ET
Issue(Roll over for charts and headlines) Price Chg % Chg Volume
1 GNC Holdings Cl A (GNC) $28.24 -10.40 -26.92 22,589,141
2 Foresight Energy (FELP) 5.16 -1.72 -25.00 2,505,907
3 Peabody Energy (BTU) 13.19 -4.19 -24.11 3,566,969
4 Empresas ICA ADR (ICA) 1.67 -0.52 -23.74 979,518
5 Build-A-Bear Workshop (BBW) 14.25 -4.33 -23.30 1,551,046
6 FTI Consulting (FCN) 33.81 -10.09 -22.98 2,706,853
7 Freescale Semiconductor (FSL) 31.69 -6.33 -16.65 4,505,013
8 Eros International (EROS) 12.86 -2.49 -16.22 3,474,404
9 Santander Consumer USA Holdings (SC) 18.86 -3.49 -15.62 9,094,475
10 Pioneer Energy Services (PES) 2.36 -0.42 -15.11 1,824,989

WSJ | Biggest Gainers Closing on October 29, 2015:

The Wall Street Journal Biggest Gainers Closing
Biggest Gainers
4:47 pm ET 10/29/2015
Issue Volume Price Chg % Chg
LifeLock (LOCK) 15,451,970 $13.94 4.25 43.86
Rayonier Advanced Materials (RYAM) 3,588,662 10.00 2.02 25.31
Southcross Energy Partners (SXE) 427,528 5.93 0.96 19.32
Regis (RGS) 851,613 15.26 2.26 17.38
Hanesbrands (HBI) 13,718,035 31.65 4.05 14.67
World Fuel Services (INT) 2,191,296 43.83 4.98 12.82
InvenSense (INVN) 7,099,773 11.82 1.17 10.99
EnPro Industries (NPO) 629,216 48.33 4.56 10.42
Nokia ADR (NOK) 56,320,197 7.32 0.68 10.24
Kemet (KEM) 487,841 2.80 0.24 9.37
Telecom Italia ADR (TI) 130,332 13.77 1.16 9.20
Alcatel-Lucent ADR (ALU) 27,449,249 3.95 0.33 9.12
MFC Industrial (MIL) 104,917 2.74 0.22 8.73
Employers Holdings (EIG) 272,281 26.73 2.11 8.57
Gannett (GCI) 3,068,020 15.72 1.22 8.41
Williams Partners (WPZ) 2,306,690 33.86 2.58 8.25
Antero Resources (AR) 4,004,614 22.88 1.70 8.03
Cash America International (CSH) 667,182 33.56 2.49 8.01
Intelsat (I) 817,276 6.69 0.49 7.90
Brunswick (BC) 1,831,607 53.64 3.87 7.78
CACI International Cl A (CACI) 475,276 96.00 6.79 7.61
Eastman Kodak (KODK) 370,593 12.26 0.86 7.54
Leidos Holdings (LDOS) 1,265,909 52.22 3.63 7.47
Great Western Bancorp (GWB) 1,028,308 28.54 1.98 7.45
Bill Barrett (BBG) 2,306,346 4.91 0.33 7.21