Monday, July 18, 2016
With less cash to Spend Abroad, avoid unwanted Credit and Debit Card Fees / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
As holidaymakers prepare for their trip abroad, they may begin to realise that their travel cash will not be going as far as before. Thanks to fluctuating exchange rates, buying £200 worth of Euros today means €49 less spending money than a year ago, and a similar picture can be seen when buying £200 worth of dollars, with almost $48 less back compared with 2015. With this in mind it is vital for consumers to save cash where they can, and one way to do this is to be wary of using cards abroad.
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Monday, July 18, 2016
Will AUD/USD Selling Continue? / Currencies / Austrailia
By: Richard_Cox
Currency markets have seen some interesting moves over the last few weeks and one of the better trading setups can now be seen in the AUD/USD. These scenarios have come largely as a result of recent developments within the central bank.The Reserve Bank of Australia (RBA) recently announced that it would be willing to take extensive and unorthodox measures to right the economy, if the need arose. The current interest rate is 1.75%. If this turned out to be the case and the RBA opted to decrease the base interest rate to 1%, then options like government bond-buying would be likely considered. Such a measure would likely reduce the value of the Australian Dollar, which is presently trading near 0.76 USD.
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Monday, July 18, 2016
Don't Reform the Fed - FedExit! / Interest-Rates / US Presidential Election 2016
By: Dr_Ron_Paul
Opponents of a central bank should take advantage of the post-Brexit vote revival of secessionist sentiments to promote a secession from central banking, or "Fed-exit." Ending the Federal Reserve's monopoly on money is the key to restoring and maintaining our liberty and prosperity.
By manipulating the money supply to fix interest rates, the Federal Reserve engages in price fixing. After all, interest rates are nothing more than the price of money. Like all prices, they communicate information about economic conditions to market actors. Federal Reserve attempts to override the market rate of interest with a Fed-favored rate distort the price signals sent to businesses, investors, and consumers. The result of this distortion is a Fed-created boom, followed by a Fed-created bust.
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Monday, July 18, 2016
Stock Market Minor Top? / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: The long-term trend is near its all-time high
SPX Intermediate trend: The uptrend from 1810 is now challenging the 2135 high.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Sunday, July 17, 2016
Trump/Pence Dog and Pony Show Kick-Off / ElectionOracle / US Presidential Election 2016
By: Stephen_Lendman
Politics in America combines image-building with deception. It’s more about theatrics than substance, voters left uninformed about issues mattering most. The fate of the nation and world hang in the balance.
On Saturday in Manhattan, the Trump/Spence train left the station, aiming for triumph in November, not derailment.
Introducing Indiana Governor Mike Spence to a national TV audience, Trump called him “my partner in this campaign.”
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Sunday, July 17, 2016
Erdogan Reign of Terror Following Failed Coup Plot / Politics / Turkey
By: Stephen_Lendman
He’s back in Ankara, military forces loyal to his regime crushing remnants of Friday’s rebellion. His first order of business is solidifying power, eliminating opposition and hardening dictatorial rule. It's just beginning.
Security forces retook control of state-run broadcaster TRT after rebels seized it. Turkish Airlines resumed flights to and from Istanbul’s Ataturk airport after suspending them yesterday. Various international airlines halted their own as a precaution.
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Sunday, July 17, 2016
Walkers Spell and Go Holidays Promotion Investigation Breaking News! / Currencies / Freebies and Comps
By: Anika_Walayat
Just like many people across Britain we have now entered well over 300 codes and won NO holiday in walkers crisps spell and go promotion because the letters K, C, D are not being given out randomly but have been released in very few numbers amongst an estimated 1.1 billion packets of crisps Well now with the promotion drawing to a close and clearly not many holidays having been won despite much effort, so now many people, have complained to the advertising standards agency who have launched a formal investigation into the Walkers Spell and Go promotion.
Sunday, July 17, 2016
5 Best Gold and Silver Junior Mining Stocks in 2016 / Commodities / Gold and Silver Stocks 2016
By: Jason_Hamlin
The following five junior mining stocks are 10 baggers, through just the first half of the year. These are the best performing junior mining stocks on the Toronto Stock Exchange, as they have posted gains of 1,000% or more over the past six months!
These junior gold and silver miners are generating significant wealth for investors that had the courage to buy when there was blood in the streets. An investment of $100,000 in any of these stocks six months ago would be worth over $1 million today!
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Saturday, July 16, 2016
Attempted Military Coup in Turkey / Politics / Turkey
By: Stephen_Lendman
Turkey is no stranger to military coups, three occurring in the post-Ottoman era, the last one in September 1980 before the July 15 attempted takeover.
It continued overnight. Events are fast moving. Reports indicate scores killed, many others injured, numerous arrests made by regime authorities. They remain in power - martial law and a curfew imposed.
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Saturday, July 16, 2016
Ireland’s Bogus 26% GDP Economic Boost / Economics / Economic Statistics
By: MISES
Jonathan Newman writes: Ireland’s Central Statistics Office updated their 2015 national income figures and revealed a staggering 26.3% increase in real GDP from 2014 to 2015.
Paul Krugman called it “leprechaun economics.”
Joseph Salerno said “that’s unbelievable!”
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Saturday, July 16, 2016
Gold And Silver – NWO-Created Tragedies Will Never End, Seek Truth / Commodities / Gold and Silver 2016
By: Michael_Noonan
Nice, France weighs heavily and brings home the point, tomorrow is promised to no one.
The tragic mass-killing of Bastille Day celebrants in Nice, France may not have been a planned terrorist attack, but its consequences are no less extremely sad and equally infuriating. We heard about comments made from neighbors of the truck driver that he was not that religious, was undergoing a divorce and was not handling it very well and apparently snapped.
It matters not if that explanation makes sense in the wake of a senseless act of running over a hundred or so people, killing around 84, including children. The man was shot dead by police, so little else will ever be directly known from the Tunisian known mostly for petty criminal acts but no known terrorist affiliations.
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Saturday, July 16, 2016
AUD-USD Wave B High / Currencies / Austrailia
By: Austin_Galt
The Aussie dollar looks to have made a reaction high today and I remain bearish about its short term prospects. Let’s review the daily chart.
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Saturday, July 16, 2016
The Upside Potential in Junior Gold Stocks / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Our research continues to argue that the current, record rebound in gold stocks will continue. Every time we’ve predicted a correction, the weakness in the sector has been only a fraction of what we expected in both price and time. New bull markets that follow epic bear markets typically show exceptional strength in their first year. This bull has been no different. Thus, we expect the strong performance to continue. Today, we share a few reasons why the junior sector is poised to outperform in nominal and real terms.
Saturday, July 16, 2016
How Long Can Buybacks Continue To Support A Market Which Is Standing On A Fundamentally Flawed Premise? / Stock-Markets / Stock Markets 2016
By: Gordon_T_Long
FRA Co-Founder Gordon T.Long and Jeffrey Snider, Head of Global Investment Research at Alhambra Investment Partners discuss earnings, the Chinese Yuan, Japanese Yen and the falling credibility of central banks.
Read full article... Read full article...As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra’s client base. Jeff joined Atlantic Capital Management, Inc., in Buffalo, NY, as an intern while completing studies at Canisius College. After graduating in 1996 with a Bachelor’s degree in Finance, Jeff took over the operations of that firm while adding to the portfolio management and stock research process.
Saturday, July 16, 2016
Understanding The Stock Market Bull After Fink Speaks... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
This has been one crazy market for quite some time now. The endless overall up trend has been with us for seven plus years. The last two years have been a time for consolidation in to the teeth of some very bad news. When bad news can't sell a market you understand it means that it's simply basing and waiting on the right combination of news to try the next leg up. It finally came in the form some good employment numbers. Job creation reached a level that allowed the bulls to race onward and upward. Prior to that report, we were dealing with a series of bad reports on the Jobs Report, ISM Manufacturing Report, and ISM Services numbers. The market simply couldn't find a catalyst. Earnings were on the decline as well. The market bears tried to get the market down as bad news kept hitting from everywhere, but they just couldn't get the job done consistently. They'd get a nice down move, but couldn't seem to ever follow through. The bulls would come in and save the day.
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Friday, July 15, 2016
Will They Come For Your IRA? / Personal_Finance / Pensions & Retirement
By: Dr_Jeff_Lewis
I received this note from a reader regarding the confiscation of retirement accounts:
Doc,
Thank you for your kind words. I do have a question for you.
You only need to read the first paragraph of this article for my question:
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Friday, July 15, 2016
The Fed is Terrified… Are You Ready For What’s Coming? / Stock-Markets / Financial Crisis 2016
By: Graham_Summers
Central Bankers are absolutely terrified.
Case in point, yesterday Cleveland Fed President Loretta Mester suggested that the “next step” in monetary policy is “Helicopter money.”
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Friday, July 15, 2016
Gold’s Record Selling Overhang / Commodities / Gold and Silver 2016
By: Zeal_LLC
Gold’s mighty new bull market this year has been amazing, the result of heavy buying by investors and speculators alike. But these latter traders have pumped so much capital into gold futures that this metal now faces a record selling overhang. Since the hyper-leveraged nature of futures trading demands an ultra-short-term focus, speculators’ excessive bullish bets on gold pose major near-term downside risks.
Gold’s price trends are overwhelmingly dominated by global investment demand. Even though it has only accounted for about 1/5th of total demand in recent years, investment is wildly variable. With the rest of gold demand relatively stable, it is fluctuating investment demand that ultimately sets gold prices at the margin. Gold’s young bull in 2016 is largely the result of an influx of massive investment buying.
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Friday, July 15, 2016
Capitalism Has Entered a New Era—and Historic Stock Market Investing Returns Are Gone Forever / Stock-Markets / Stock Markets 2016
By: John_Mauldin
We live in interesting times. We continue to see repercussions from Brexit. The other major players—in Europe, China, and Japan—seem to be in a downward spiral. Not to mention, the bubble-like issues we see in Canada and other parts of the world.
The world is quickly getting far more complex… something that central banks’ (and everybody else’s!) models can’t capture. We are tiptoeing into a period of enormous uncertainty.
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Friday, July 15, 2016
Gold Price Could Hit $5,000 or Even $10,000 in a Few Years / Commodities / Gold and Silver 2016
By: John_Mauldin
BY JARED DILLIAN : You have to be careful writing about gold.
You come out in favor of gold and you get maligned as some kind of doomsday-prepping, knuckle-dragging wingnut. Then you never get to go on TV. They don’t invite the crazy gold guys on TV.
I’ve been long gold since 2005. Rode it all the way down from 2011 to 2016. If you ride something down 45%, you are a moron. I’ll own it. I am a moron. I actually had a pretty good idea that there would be a correction in 2011, but I vastly underestimated how severe it would be.
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