Tuesday, July 05, 2016
Europe Could Have Bigger Issues Beyond Brexit / Stock-Markets / Financial Crisis 2016
By: Harry_Dent
The Dow dropped nearly 1,000 points (5%) and the London FTSE dropped 10% after the Brexit vote surprised the markets on June 23. After two days though, markets are marching back up again.That’s just like markets on “crack!” They react to political events, but totally miss the fundamentals.
Yes, Brexit is important. Years from now it will be recognized as the beginning of the end for the great Eurozone experiment.
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Tuesday, July 05, 2016
The Gold Standard: Friend of the Middle Class / Commodities / Gold and Silver 2016
By: Antonius_Aquinas
It has been theoretically demonstrated and seen in general practice that a monetary system of 100% metallic money devoid of central banking checks monetary inflation, prevents a general rise in the price level, and eliminates the dreaded business cycle while making all sorts of monetary mischief nearly impossible. A gold standard is not only economically superior to any paper money scheme, but is morally just, which is why it is hated by the politically well-connected, academics, politicians, and the rest of the Establishment.
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Tuesday, July 05, 2016
“In Gold We Trust” Annual Report Shows New Bull Market “Emerging” / Commodities / Gold and Silver 2016
By: GoldCore
The “In Gold We Trust” Annual Report by fund managers, Ronald-Peter Stöferle and Mark Valek has just been published and is as ever essential reading for all seeking to better understand the gold market.
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Tuesday, July 05, 2016
Ready or Not the Recession May Have Already Arrived / Economics / Recession 2016
By: Michael_Pento
While investors have been focused on the perennial failed hope for a second half economic recovery, they have been missing the most salient point: the U.S. most likely entered into a recession at the end of last quarter.
That’s right, when adjusting nominal GDP growth for Core Consumer Price Inflation for the average of the past two-quarters the recession is already here. But before we look deeper into this, let’s first look at the following five charts that illustrate the economy has been steadily deteriorating for the past few years and that the pace of decline has recently picked up steam.
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Tuesday, July 05, 2016
Gold, Platinum, and Silver Speak To Us! / Commodities / Gold and Silver 2016
By: DeviantInvestor
The prices of gold, platinum and silver are important and communicate valuable insights. Consider the price of monthly gold for 20 years – log scale below.
Tuesday, July 05, 2016
Silver Price Will Move Much Higher And Faster Than Most People Think / Commodities / Gold and Silver 2016
By: Hubert_Moolman
Historically, the silver price has a tendency to decline and rise way more and faster than most people expect. The recent 5-year decline is a good example of a decline that went lower than expected. There are good reasons for this, but we often miss it due to our focus on the now instead of the bigger picture.
Based on the bigger picture for silver, the current silver price rally will also likely far exceed most people’s expectation. There are many fundamental and technical reasons that give this silver price rally and edge above all other previous rallies. I have written about this on various occasions (here is one example).
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Tuesday, July 05, 2016
Climate Change, Energy, Economy: Pick Two / Politics / Climate Change
By: Raul_I_Meijer
We used to have this saying that if someone asks you to do a job good, fast and cheap, you’d say: pick two. You can have it good and cheap, but then it won’t be fast, etc. As our New Zealand correspondent Dr. Nelson Lebo III explains below, when it comes to our societies we face a similar issue with our climate, energy and the economy.
Not the exact same, but similar, just a bit more complicated. You can’t have your climate nice and ‘moderate’, your energy cheap and clean, and your economy humming along just fine all at the same time. You need to make choices. That’s easy to understand.
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Tuesday, July 05, 2016
S&P 500 Index Back At 2,100 Mark, Will It Continue Higher? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,100, S&P 500 index).
Our intraday outlook is now bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Tuesday, July 05, 2016
Use Credit Cards Sparingly to Avoid a Debt Hangover / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
Credit cards have long been established as a popular payment method and are currently celebrating their 50th birthday in the UK. However, increasingly tempting credit card limits (Barclaycard estimates that the average limit is now a staggering £4,000) mean that borrowers could find themselves falling into a spiral of long-term debt.
However, credit cards can be helpful if used sparingly, and if borrowers ensure that they grab a good deal and pay more than the minimum repayment each month.
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Tuesday, July 05, 2016
While You Were Watching 4th July Fireworks, Silver Surged Above $21 / Commodities / Gold and Silver 2016
By: Jason_Hamlin
While most Americans were busy watching fireworks explode across the night sky, the real fireworks were taking place with the silver price. During Asian and London hours it surged over 7%, taking out psychological resistance at $20 and briefly surging above $21 for the first time since 2013!
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Tuesday, July 05, 2016
Miners, Gold, Silver Near Top, Stock Market Could Go Either Way / Stock-Markets / Financial Markets 2016
By: Brad_Gudgeon
The precious metals complex looks toppy here and a pull back is warranted into the end of July (see chart below for added information).
The stock market is in a critical zone. The 4 TD low is overdue by 1 TD and the 8 TD low is due on July 8th. The 16 TD low is due on July 11. The bullish scenario sees a move back to near 2082 SPX on July 5th a rally to 2126 on July 6th and then a pull back to 2070 by July 8th. BUT, IF July 8th holds near the July 5th lows and cracks through it on July 11 to near 1980 SPX, all bets are off for the upside. Either way, we should see an important top on July 6th.
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Tuesday, July 05, 2016
NYSE Stock Market Megaphone Top & Brexit / Stock-Markets / Stock Markets 2016
By: Joseph_VanDerveer
The market has been strong and holding up even in the face of "Brexit" the British referendum which resulted in the majority deciding to vote "leave".
Trading the markets has a lot to do with psychology and many veteran traders are well aware of this.
Which brings me to my next point, July 2015, or more precisely July 5th, 2015, when Greece voters overwhelmingly voted no in their own referendum or popular vote.
Tuesday, July 05, 2016
Robert Kiyosaki Warns 2016 Jubilee Year Collapse Going To Make A Lot of Poor Dads / Stock-Markets / Financial Crisis 2016
By: Jeff_Berwick
Already in Jubilee 2016, we’ve seen incredible volatility. Brexit is just one example. Within a matter of minutes the British pound soared (when Bremain had the early lead in results) and then had its worst crash in history a few minutes later. The British stock market fell 5.6% quickly after Brexit and has now moved up dramatically in the last week.
Volatility in the markets is just like volatility in real life. Your car rides fine for thousands of miles and then, suddenly,begins to shake madly: A wheel is in danger of falling off, and if you don’t stop quick enough it ends up in a crash.
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Tuesday, July 05, 2016
Brexit!!! Silver!!! Bonds!!! Deflation!!! / Stock-Markets / Financial Markets 2016
By: Gary_Tanashian
It’s a funny title for a segment, but it is appropriate. I don’t want to be too flippant with dismissals of inflammatory market events like ‘Brexit’ as simply hype. There is very real macro fundamental shifting going on behind the hype. But in market management, macro fundamentals play out over long stretches of time and nobody knows exactly how all the moving parts are going to affect the subject of the hype (in this case Britain and the EU), let alone the asset markets we are tasked to invest in, trade or avoid.
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Monday, July 04, 2016
Federal Reserve Quantifornication Revisited / Interest-Rates / US Federal Reserve Bank
By: Richard_Mills
Californication is a brilliant 1999 song by the Red Hot Chili Peppers. Many of the lyrics reference the often insane, unrealistic, impossible dream images Hollywood sells to the world.
"Space may be the final frontier but it's made in a Hollywood basement."
Quantifornication is the term I coined for what the Federal Reserve is selling to the world - the unrealistic, insane fiat dream that the monetary policy employed by the Fed can fix the predicament we are in.
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Monday, July 04, 2016
Silver Price Independence Day Breakout / Commodities / Gold and Silver 2016
By: Jim_Willie_CB
The spot prices scream loud. The Silver breakout will be one to behold in the history books. Silver has broken the shackles of the vile banker cabal. Silver has begun its historic run-up. Silver will capture the world's attention. The equivalent of the 1980 Hunt Brothers breakout in today's terms would be $200 per oz. The fundamentals for Silver look better than almost every commodity on earth. Silver has declared independence from the control rooms and their paper gimmicks. The Silver imbalance is monstrous. Gold has broken the gates down with the British Exit vote, pushing its price over the tough stubborn $1300 resistance line. In the following days it has been adding to its gains. But Silver has emerged amidst the political smoke and deceptive din to ride hard through the gate.
Monday, July 04, 2016
Gold Stocks INDEPENDENCE DAY -> HELL TO PAY !! / Commodities / Gold and Silver Stocks 2016
By: Denali_Guide
Imagine the anger and angst if you were a baby abandoned this way.
Fig 1 (Aug 28, 2013)
Monday, July 04, 2016
Deutsche Bank to Trigger the Next Financial Crisis! / Stock-Markets / Financial Crisis 2016
By: Chris_Vermeulen
I am certain that you remember Lehman Brothers and the “chaos” that it created when it ‘failed’. If you think that the Worlds’ Central Banks are now wiser and consequently will not allow another similar event to occur, think again. We will not only see a repeat of this occurrence, again, but it will be exponentially larger than Lehman’s was!
On June 29th, 2016 the IMF stated that “among the [globally systemically important banks], Deutsche Bank appears to be the most important net contributor to systemic risks, followed by HSBC and Credit Suisse,” reports The Wall Street Journal.
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Monday, July 04, 2016
Fall in UK BTL Mortgages for First-time Landlords / Housing-Market / Buy to Let
By: MoneyFacts
Year-on-year, the number of buy-to-let (BTL) mortgages has increased, so it would be fair to assume that the availability of deals for first-time landlords has also expanded. However, research from Moneyfacts.co.uk shows that the proportion of mortgage deals for new landlords has actually shrunk to a record low.
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Monday, July 04, 2016
BrExit Implications for UK Stock Market, Sterling GBP, House Prices and UK Politics... / Stock-Markets / Financial Markets 2016
By: Nadeem_Walayat
Britain's vote to LEAVE the European Union triggered immediate financial markets panic that prompted the Bank of England to implement its emergency market rescue plan that included making upto £250 billion available to Britains banks that succeeded in halting the BrExit financial panic in its tracks as sterling stabilised at lower levels whilst the FTSE soared into the stratosphere recovering all of Fridays plunge and registering its best weekly gain in over 4 years. So what's next for the financial markets? Is the BrExit financial storm over? Find out in Part 2 of the Implications of BrExit on the financial markets, stocks, sterling, house prices and UK politics.