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Traders hide under a shell ahead of the FOMC


4/27/2021 12:51:54 PM GMT
Currencies & metals gain small amounts on Monday.
Palladium reaches $3,000.
Good Day… And a Tom Terrific Tuesday to you! 85 degrees in Florida is not the same as 85 degrees in Missouri… I know it took me quite a few years to figure that one out, but I did, and yesterday was a prime example of that… My Accuweather app told me it was 85, but, I was tempted to go inside and grab a sweatshirt! In another month, once the earth turns on its axis, I’ll be sweating in 85 degree weather here… Just not now… Thanks to all who sent along a note about the Money Show Panel I was on last Thursday.. My good friend, Dennis Miller, called to tell me he compared my picture that appears on the site, and a picture he took from the zoom screen and he said, “holy cow, you have lost a ton of weight!” Ok, the group Gallery greets me this morning with their 70’s hit song: I Believe In Music… “I believe in song..”  ....

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Bernie Madoff, Mastermind of the Largest Ponzi Scheme in History, Dies in Prison at Age 82


Bernie Madoff, Mastermind of the Largest Ponzi Scheme in History, Dies in Prison at Age 82
Bernard (Bernie) Madoff, mastermind of the largest Ponzi scheme in history, died this morning at the Federal Medical Center in Butner, North Carolina. He was serving a 150-year prison sentence. Madoff would have been 83 on April 29. A source told the Associated Press that Madoff had died of natural causes.
Madoff ran his scheme undetected by regulators and law enforcement for more than four decades until he began to run out of money to meet client redemption requests during the financial crash of 2008 and confessed to his sons. The sons turned him in to the FBI. The case became a national scandal that tarnished both the reputation of the SEC as well as JPMorgan Chase. ....

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