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Jul 23, 2020
Former Trader AtJP Morgan Pleads Guilty To Spoofing

The latest news in the gold trading market in November is the admission of guilt for manipulating the gold market by another gold market trader. This got everyone up in arms about how gold was manipulated from $1,921 to $1,040 between 2011 and 2015 to benefit the trader and the few people who were in on the scam.

However what the trader did has been compared to someone causing a paper cut. If that was to happen it means that this paper cut would have caused the market to bleed profusely but this isn’t what happened. There were no major rumblings and probably a lot more people were doing what he was doing at that time. What the trader plead guilty to is called “spoofing” which in the trading world is a strategy that involves injecting false and misleading information by placing “spoof” or non-existent data that would make it look like demand for gold was higher than the supply. Bogus orders were signed to move the price of gold in favour of the trader and the bank.

John Edmonds, a 36 Year old, former JP Morgan Chase trader had been with the bank for over 13 years. According to him, the practice of spoofing gold orders was wide spread within the bank. It was something he learnt to do at JPMorgan Chase for years. Edmonds states that he worked at JPMorgan from 2004 to 2017. He rose from being an analyst to becoming a vice-president during that period. This is no easy feat in a company like that so Edmonds must have been exceptionally good at his job. Between 2009 and 2015 he was involved in the development of a proprietary e-trading platform. This is also the time frame during which most of the spoofing activities were taking place.

Spoofing appears to be a common practice that not only affects the gold market, but Edmond’s admitted to doing the same with other precious metals like silver and platinum futures contracts traded on exchanges. This revelation is the latest in a series of actions by the commodity futures trading commissions and the US Justice department to uncover the extent of spoofing and other illegal activities in the commodities trading market. JPMorgan Chase has yet to answer for itself, but Edmond has implicated the company and several key people within the bank. He is charged with one count of commodities fraud, conspiracy to commit wire fraud, spoofing and price manipulation.

JPMorgan which happens to be the world’s biggest investment bank by revenue isn’t the only bank that was being investigated by the Commodity Futures Trading Commission. In January Investigations by the CFTC resulted in UBS, Deutsche Bank and HSBC being hit with a total of $46.6 million of civil fines for spoofing.

Edmonds no longer works for JPMorgan but he is cooperating with the authorities to shed light on the illegal activities that went on when he worked at JPMorgan. He entered his guilty plea on the 9th October 2018. Sentencing is scheduled to take place on the 19th of December. For his actions, Edmonds is facing 30 years in prison, but will likely get less than that because of his cooperation with the FBI’s investigation. This article was brought to you by Brisbane Gold Company.

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Jul 23, 2020
Asbestos testing teams as the best services to find harmful minerals!

If you are planning to renovate your house for all the beautification of the building, then it is also necessary for you to call the asbestos testing teams to check the harmful mineral resources available in your building material. In the various parts of the world, especially in the parts of the UK, many buildings consist of toxic chemicals and Minerals that are always harmful to the good health of the person living in the same building. With the help of asbestos survey teams, you can always check all the dangerous asbestos, including six unique types of mineral resources. All the server teams check the availability of the hazardous mineral resources in your building material and have a seal to eradicate the particular elements with much perfection without disturbing you so much.

Most of the services are highly qualified and well experienced in finding the availability of the harmful mineral resources in the building material. All you need to do is call all these services at your construction site to get all the best to eradicate the unwanted mineral resources, however apart from all these things you also need to learn some basics about it which will help you to get the best of results at the end particular in the renovation of your house.

Plan the survey

  1. The first thing you need to do to make a survey of your construction site with the help of asbestos testing teams is to plan the study correctly. You need to get an appointment with a local town’s available services to get the best of results in pounding the harmful mineral resources in your building materials. The testing of the asbestos minerals took plenty of time, and you need to plan this smartly to save all your valuable time for the various proceedings of life.
  2. Proper planning for the asbestos testing survey also helps you keep all your essential money which you always wanted to save for the other investments of life. Try to take an appointment from a particular company when their professionals are entirely free. In that case, you will get some special discount which is always a good thing for everybody in this world who are also spending so much money on the renovation of the house.

Use the online help

  1. However, it is not easy for you to find the perfect service from your town’s localities. There are plenty of services available in the same region as the UK. You may get confused while choosing the one particular testing team for the asbestos availability in your building material. You need to take some help from the online sources where you will find some specific websites that house you to compare all the available services for all the best of results from the asbestos survey teams. These are the few things that will help you get the best of help in removing the asbestos minerals.
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Jul 1, 2020
The evolution of living space from caves to apartments

Top 60 Best Studio Apartment Ideas - Small Space Designs

It is said that the three basic necessities for a human to live are good, clothes, and a place to live. Now from prehistoric times to the current times, the three basic needs have remained the same; the versions, however, have changed drastically. Take the example of living space. In the earliest of times, a cave or a tree would have sufficed a man to live on. But now a multi-story building may not even suffice the need of a single-family. This is the reality of today’s world. Today’s world relies heavily on capitalist values where if you have the money you have to flaunt it, you have to show it to the world that you have it; otherwise, what is the meaning of having it in the first place.

The criteria that are taken into account when buying an apartment 

In modern times a good living place is dictated by three major components. First, how big the living space is. In other terms, you have to have a big space for living. The more spacious the home, the better your standard of living is. It is thus imperative that you have a very large house in the first place. The second thing and one of the most important things are that you must have a fully furnished home. This simply means that you should have all the necessary facilities and gadgets at your disposal that too, from top brands with the most updated technology. This will ensure that you and your family live in an easy fashion. And lastly, the home needs to be in a posh area. This is to ensure that your neighborhood is just as wealthy as you so as to dictate your social status to everyone outside your social circle. And once all these criteria are met, you can pay a handsome amount of money and get the dream house at your disposal. Check out these apartments for rent in costa mesa ca.

Get the best apartment in Thailand from online deals

In Thailand, the dream house for you that fulfills all the aforementioned criteria is waiting at U Delight near Rattanathibet (ยู ดีไลท์ รัตนาธิเบศร์ ,which is the term in Thai). They are the most popular and demanded property developer, and if you are interested in buying property from them, make sure you pay a visit to the official website of Grandunity.

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Jul 1, 2020
CV is the first thing that recruiter sees:

Everybody understands the meaning of the first impression is the last impression. And, for a person who is going for the interview, this is it. Because they know right from the point when they will get into the room people will start judging them. And, after handing the CV it will be the first impression that creates on the mind of the interviewer. A strong CV speaks differently about the candidate. It has some weightage in it whereas a normal CV just explains the details about the candidate. Don’t be such a person who just gets a normal CV and went for the interview.

There are a lot of ways that can increase the weightage of the CV. It is mainly about decorating the words and someone can do that then it is awesome. Try to find ways to make the CV attractive. Only then there will be an everlasting first impression that will be made on the interviewer.

Take the help of professionals

There are a lot of professionals out there who can help. They can be easily found on any freelancing site. People just need to reach out to them. And, they will do the work. Many people have expertise in making cv [pembuatan cv, which is the term in Indonesian]. And, one can easily find the works that they did before. Just hire them and get the result. A person will get the best CV that will create an impression on the interviewers.

Try to negotiate with the price

Before giving work to any person always see the previous work done by that person. If that person performed well in their last work then hire them. Also, don’t forget to discuss the price in the first place. And, always try to negotiate with the price if it is possible. So, that one can save some money.

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Jul 1, 2020
Highlights On Induction Cookers

Although the art of cooking has existed since the discovery of fire, the technology has evolved little by little until today we are able to cook with gas, electricity, microwave and induction. So, if you have an induction cooker at home but you have never considered how it works, today we are going to explain it to you in great detail.

What is induction?

Induction (better known technically as electromagnetic induction) is the process by which electricity is produced through magnetism. When the fire is lit and a steel or cast iron pan is placed on the burner, the magnetic field permeates the metal in the cookware, producing small electrical currents in the pan. This electricity from the power adapter (หัว แปลง ปลั๊กไฟ which is the term in Thai) converts to heat and spreads throughout the base of cookware, heating everything inside.

The Benefits Of Induction Technology

If you don’t already have an induction cooker at home, consider switching to induction when you feel it’s time to renovate your kitchen for the following reasons.

Efficiency 

With an induction cooker, energy is produced on the cooking surface instead of on the kitchen fire itself, an advantage that although it seems little, allows the induction cooker to be 60% more efficient than gas and 40% more efficient than electric cookers. Needless to say, this, in addition to being cheaper for you, is also more environmentally friendly and might not need a usa power plug (ปลั๊กไฟ usa which is the term in Thai)

Security

The only time the surface of an induction cooker is hot to the touch is immediately after removing the pan from the burner area. In addition, most models incorporate a safety feature that turns off the power to the unit in the event that a pot has been dry-dried, for added peace of mind.

Speed

And last but not least, an induction stove delivers heat to your food instantly, unlike a gas or electric unit where the heat comes from the burner instead of the pan. This means that a pot of water will boil in almost half the time than with a gas unit, and your cookware will respond to changes in temperature instantly when the heat rises or falls.

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