Monthly Archives: June 2010

Liberal politicians (sucking up to the Hollywood lobby) have managed to destroy one promising financial innovation applied to the movie business.

Cantor Fitzgerald abandoning box-office futures despite regulatory approval. CNBC: The End of the Box Office Futures Business The Wrap

Posted in Exchange Genesis, Exchanges & Markets, Finance, Regulations | Tagged , , , , , , , , , , , , , , , , , , | 2 Comments

The Interdependence of Prices and Gold

I gave a talk on Thursday night at the New York Investing Club meeting. The basic points: Gold does well when real rates of return are low. Real rates describe the price of gold much better than inflation alone. This … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Data), Analysis (Market Efficiency), Finance, Financial Markets, Money, The Global Economy | Tagged , , , | Leave a comment

What’s different about Predictalot?

A predictalot user asked: What’s the difference between predict a lot y Bolsa de predicciones? they have the same things or at least very similar. ?Are you the same? They have predictions, groups, events etc. the only difference is the … Continue reading

Posted in All Guest Authors's Posts, Betting, Collective Intelligence - Wisdom Of Crowds, Economics, Exchange & Market Designs, Exchange Genesis, Exchange Liquidity, Exchanges & Markets, Inventions & Innovations, Market Makers (Automated), Market Prices & Probabilities, Research | Tagged , , , , , | 1 Comment

Today marks the first time that Midas Oracle has aired a political ad.

Because it is a good one. Midas Oracle endorses no-one. Just publishing newsworthy things —left and right.

Posted in Politics | Tagged , , , | 1 Comment

BetFair: “Residents of Monaco are allow to use Betfair and all the accounts from Monaco are still opened.”

BetFair stated to me that, “Residents of Monaco are allow to use Betfair and all the accounts from Monaco are still opened.” Monaco people using a French ISP might run into temporary problems, though. So, it seems that the few … Continue reading

Posted in Betting, Exchanges & Markets, Regulations | Tagged , , , , , | Leave a comment

CFTC Takes Jurisdiction Over “Prediction Markets”.

First, a hearty congratulations to Robert Swagger and Trend Exchange. Along with the Cantor Exchange folks, they have run quite a gauntlet, and although there remains a tremendous obstacle in the form of the Lincoln amendment, I consider these exchanges … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Exchanges & Markets, Finance, Hedging & Insurance, Inventions & Innovations, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Midas Oracle always tells the truth.

- MAY 20: “CFTC: 3-2 in favor of approval of movie contracts –SO FAR.” – JUNE 15: “The much-delayed decision by the US Commodity Futures Trading Commission came late Monday, on a 3-2 vote.“ – So much for mister Ruspini.

Posted in Midas Oracle Archives | Tagged | 1 Comment

How to Make Money Playing Prediction Markets

How to Make Money Playing Prediction Markets

Posted in Exchanges & Markets, Finance, Financial Markets | Tagged , , , | Leave a comment

US Justice asks Prince Albert of Monaco to give every detail about his 2002-2006 employment of Robert Eringer (a US citizen) as Chief Intelligence Officer (a.k.a. “spymaster”) of the Principality of Monaco.

Robert Eringer: PRINCE ALBERT OF MONACO HAS BEEN NOTICED FOR DEPOSITION. Brigham J. Ricks, Bar No. 224750 RICKS LAW P.O. Box 3370 Santa Barbara, CA 93130-3370 (805) 884-9538 FAX (805) 884-9708 Attorney for Plaintiff, Robert Eringer UNITED STATES DISTRICT COURT … Continue reading

Posted in News, Politics | Tagged , , , , , , , , , , , , | Leave a comment

Felix Salmon wins the ASA 2010 Excellence in Statistical Reporting Award

American Statistical Association: ALEXANDRIA VA, MAY 14, 2009 – Felix Salmon, a well known financial blogger who writes extensively about statistics, has been named the recipient of the 2010 Excellence in Statistical Reporting Award (ESRA) of the American Statistical Association … Continue reading

Posted in Journalism, Science | Tagged , , , | Leave a comment