Linkfest: The fix was in on gold fixing; Argentina’s long decline; Signs of froth

Categories: Linkfest

Today’s most shared:

  • Gold fix study shows 10-year pattern of manipulation.
  • “Argentina is a unique case of a country that has completed the transition to underdevelopment.”
  • The zeitgeist starts to feel a little bubbly, as the 15-year anniversary of the dot-com bubble approaches.
  • Facebook irritates advertisers as users tire of ‘brand engagement.’
  • Risks of ETFs.
  • GOP tax reform proposals not favorable to big banks, carried interest.
  • 2013 federal deficit drops sharply.

Gold Fix Study Shows Signs of Decade of Bank Manipulation
Bloomberg
The London gold fix, the benchmark used by miners, jewelers and central banks to value the metal, may have been manipulated for a decade by the banks setting it, researchers say.
shared by @MichaelKitces, @JamesGRickards, @fiatcurrency, reddit/Economics
 
Cry for Me, Argentina
New York Times
Brazil is in the process of becoming Argentina, and Argentina is in the process of becoming Venezuela, and Venezuela is in the process of becoming Zimbabwe.
shared by Credit Writedowns, @mark_dow, @davidmwessel, @AmyResnick
 
Everything is Awesome!
The Reformed Broker
You know what the twentysomethings in Manhattan are into these days? Drunk Brunch.
shared by @TheStalwart, @JacobWolinsky, Naked Capitalism, @M_C_Klein
 
Facebook is not making friends on Madison Avenue
digiday.com
Facebook has decreased the reach of brand posts in recent months, leaving agencies and brands feeling less like partners and more like pawns.
shared by @ReformedBroker, @raju, Reformed Broker, @mccarthyryanj
 
Taxing Big Banks Won’t Make Them Safer
bloombergview.com
The big-bank tax proposed by Representative David Camp could actually cost society more than the revenue it raises.
shared by NYT Dealbook, @TimOBrien, @M_C_Klein
 
ETFs Are Getting Risky
bloombergview.com
Regulators are right to start paying more attention to the potential risks posed by exchange-traded funds.
shared by @izakaminska, @herbgreenberg, @AmyResnick
 
Federal Budget Deficit Falls to Smallest Level Since 2008
New York Times
The budget deficit dropped to $680 billion in the 2013 fiscal year, from about $1.1 trillion the year before, largely aided by a rise in tax revenue.
shared by @EddyElfenbein, @ModeledBehavior, @MarkThoma
 
Bitcoin exchange Mt. Gox files for bankruptcy protection
Wall Street Journal
Bitcoin exchange Mt. Gox said Friday it was filing for bankruptcy protection after losing almost 750,000 of its customers’ bitcoins, marking the collapse of a marketplace that once dominated trading in the virtual currency.
shared by Crossing Wall Street, @JacobWolinsky, @IvanTheK
 
Dan Ariely » “A Beginner’s Guide to Irrational Behavior,” Take 2 «
danariely.com
Behavorial economist Dan Ariely offers a MOOC on irrational behavior.
shared by @JacobWolinsky, @TimHarford, @Noahpinion, @danariely
 

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