Saturday, June 04, 2016
Why Crude Oil $50 Won't Last, Chances of a Breakdown Are High / Commodities / Crude Oil
By: The_Energy_Report
Technical analyst and newsletter writer Clive Maund lists the reasons he believes oil prices, which recently peaked above $50/barrel, are headed for a fall.
It still looks like oil is topping out here at about the $50 level after its substantial recovery uptrend from its February low. While we cannot be sure until it breaks down from its uptrend, the chances of its doing so soon look high for various reasons.
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Saturday, June 04, 2016
Bankers Warn of BrExit Financial Armageddon if British People Vote for Freedom / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
Jamie Dimon of JP Morgan was in London Friday to help his good buddy George Osborne out by doing his best to scare the British people into voting to REMAIN within the EU on June 23rd as that which was in the best interests of the British establishment that OWNS Britain. Jamie, the harbinger of a Brexit financial apocalypse that would see Britain's financial sector evaporate. Though maybe not on par with the last financial apocalypse that JP Morgan along with fellow bankers helped bring about in 2008. Which saw the world's governments blackmailed into bailing out the banks to the tune of $trillions of dollars. Where even little old blighty was forced to cough up over £500 billion to bailout the Britain's banks, and then have a £4 trillion noose of banking sector liabilities put around the necks of the British tax payers so as to prevent financial armageddon.
Saturday, June 04, 2016
Prominent Billionaire Investors Warn of Financial Crash, Quietly Position Themselves / Stock-Markets / Financial Markets 2016
By: MoneyMetals
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up Michael Rivero of WhatReallyHappened.com updates us on some of the key developments in the ongoing attempt by the central planners to bring about a one world government, when and why we’re likely to see a massive inflationary uptick in the not too distant future, and how gold and silver may end up being the key beneficiaries as the masses discover them as the safe haven assets to own. Don’t miss our explosive interview with a man who pulls no punches, Michael Rivero, coming up after this week’s market update.
After suffering through a sharp pullback in May, gold and silver markets could be eyeing a bottom in the trading so far in June. Gold touched the $1,200 level on Tuesday and managed a small bounce off that key level. As of this Friday morning recording, gold is surging and is up close to $30 so far on the day with the spot price coming in at $1,241 an ounce now, up 2.2% for the week.
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Saturday, June 04, 2016
Are Junior Gold Stocks Following 2008-2009 Recovery? / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Weeks ago precious metals began a correction amid overbought conditions (in the miners) and very bullish sentiment in the metals. The recent Fed minutes helped accelerate the weakness but it lost steam in recent days. A real stinker of a jobs report completely reversed the thought that the Fed would hike rates in the summer and it sent precious metals surging. As a result, the gold stocks and junior gold stocks especially could be back on the path to making new highs before autumn.
Friday, June 03, 2016
US Dollar Crashes, Gold And Bitcoin Skyrocket As Economic Recovery Lie Is Exposed / Currencies / US Dollar
By: Jeff_Berwick
It’s going to be a long weekend for those holding stocks and believing in the “recovery” lie.
Today, the US government released its jobs report and the market was expecting an additional 200,000 jobs were added in May. Instead, the number came in at a paltry 38,000.
One analyst, Naseem Aslam of Think Forex UK said, “The U.S. nonfarm payroll data was crazy and completely unbelievable and this is the last set of important data before the Fed meeting. When you look at the data set, it really boggles your mind because the unemployment rate has ticked lower. The productivity picture is even more confusing as it is not increasing.”
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Friday, June 03, 2016
Chewbacca, Trump, and the News Media / ElectionOracle / US Presidential Election 2016
By: Walter_Brasch
A Facebook video of a woman wearing a Chewbacca mask and laughing almost hysterically in her car has drawn more than 140 million hits from numerous sources in the past two weeks.
Candace Payne, a 37-year-old mother of two from Grand Prairie, Texas, has had to hire a publicist to help field the numerous calls from the media—and, perhaps, wookies who want to have an affair.
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Friday, June 03, 2016
US Dollar Plummets - Good Show! / Stock-Markets / Financial Markets 2016
By: Anthony_Cherniawski
USD/DXY plummeted to a low of 93.99 this morning. This falls into line with my thesis that lower stock values also means a lower dollar price. USD is now beneath its 50-day Moving Average a 94.62 and is on a sell signal. We may see a bounce at the Cycle Bottom support at 92.92, with one final plunge to its target.
Friday, June 03, 2016
Funniest BLS US Jobs Report Ever! / Economics / Economic Statistics
By: James_Quinn
Only a captured government drone could put out a report showing only 38,000 new jobs created, with the working age population rising by 205,000, and have the balls to report the unemployment rate plunged from 5.0% to 4.7%, the lowest since August 2007. If you ever needed proof these worthless bureaucrats are nothing more than propaganda peddlers for the establishment, this report is it. The two previous months were revised significantly downward in the fine print of the press release.
Friday, June 03, 2016
Silver Bullion – Perfect Storm Brewing in the Market / Commodities / Gold and Silver 2016
By: GoldCore
Silver bullion is seeing a “perfect storm” brewing in the physical market according to an article replete with some recent videos about the silver market by Rory Hall of the precious metals website, The Daily Coin.
Friday, June 03, 2016
Happy Tax Freedom Day! Video / Personal_Finance / Taxes
By: Mario_Innecco
happy tax freedom day to all my viewers in the UK it's Friday jun 3rd 2016 and
yeah what is tax freedom day
well according to the adam smith institute they calculate tax freedom day
and basically it's the day tax rate and a is a measure of when Britain's stop
paying tax and putting their earnings into their own pocket
so into 2016 according to the adam smith institute every penny the average person
earned for working up to and including jun 2nd went to the tax men
jun 3rd from june third onwards
they're paying themselves so what this means is that is that this year the
Chancellor of the Exchequer George Osborn gobbled up the first hundred
fifty four days of our earnings from every source so
Friday, June 03, 2016
The Super Shemitah, Jubilee and How to Prepare For the Coming Economic Collapse - Video / Economics / Economic Collapse
By: Jeff_Berwick
I was recently on Truth Frequency Radio with Joe Joseph and we discussed a number of topics including:
- The discovery of the Shemitah 7 year cycles and the upcoming collapse, the last Shemitah
- The impact of technology and the internet
- Elite planning of society
- The disastrous war on drugs is a war on people
- Attempts to control the internet
- The ongoing devaluation of the US dollar
- US government bankruptcy
- Creating a new system that makes the old system obsolete
Friday, June 03, 2016
UK Immigration, EU Referendum and Britain's Housing Crisis - How to Get a Council House / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
The reality of Britain's housing crisis can be easily lost in the statistics, which whilst painting a picture of continuing OUT OF CONTROL immigration, one of a building crisis year after year that, instead of net migration numbering in the tens of thousands as David Cameron has been iterating each year since he took power in 2010, instead as the latest data from the ONS once more illustrates, stands at well over 300k per year and trending towards 400k.
Friday, June 03, 2016
The Fed, Stock Market and the Miners / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
From this vantage point, it looks as though the precious metals complex will trade opposite the stock market throughout the month of June. The miners look as though they are bottoming, while the stock market looks as though it is topping. The jobs report on June 3rd will likely play with investors minds until June 15th, when all should reverse.
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Friday, June 03, 2016
The Wave Principle + Technical Indicators = High-Confidence Trade Setups / InvestorEducation / Elliott Wave Theory
By: EWI
See how to pair RSI and MACD with Elliott waves
In his Trader's Classroom and Commodity Junctures services, master instructor Jeffrey Kennedy often uses traditional technical indicators with the Wave Principle to add confidence to his analysis. He starts with his Elliott wave count, then looks at technical indicators such as RSI and MACD to "build a case" for his outlook.
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Friday, June 03, 2016
Stock Market No New High? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
This Wave [B] at the 2111.05 high appears to be a 3-3-3 wave affair. It would be more acceptable to have a Wave 5 at today’s high and maybe it may happen tomorrow, changing the Wave [B] to a 3-3-5 wave pattern, which is more familiar to most analysts. However, the pattern works, as is.
Thursday, June 02, 2016
On the Price of Oil / Commodities / Crude Oil
By: Steve_H_Hanke
Since its high of almost $108/bbl in June of 2014, we have witnessed a stunning collapse in the price of oil. Indeed, in February 2016, a barrel of West Texas Intermediate (WTI) was trading at $26/bbl, a 76 percent plunge from the June 2014 highs. It has since clawed its way back to $49/bbl (May 24th).Read full article... Read full article...
Thursday, June 02, 2016
Junior Precious Metals Miners: Go With Who You Know / Commodities / Gold and Silver Stocks 2016
By: John_Rubino
The first few months of this year gave a little taste of what’s to come for the junior precious metals miners, if this is indeed the start of a new gold/silver bull market. Some sample charts:
Thursday, June 02, 2016
Race to the Bottom Gaining Traction: Negative Interest Rates Amplify Currency Wars / Interest-Rates / Currency War
By: Sol_Palha
Ability is a poor man's wealth. M. Wren
If you had told individuals before 2009 that we would be living in a negative rate environment in the near future, most would have treated you like a lunatic that just escaped from Ward 12. Fast forward a few years and viola, bankers all over the world are embracing negative rates. China devalued the Yuan once again, adding further fuel to the already blazing fire. The Fed will have no option but to lower rates and then Jump onto the negative rate bandwagon. Don’t listen to the nonsense the Fed has been mouthing for months that all is well. We can already see the all is good slogan breaking down to “it’s not as good as we thought" slogan; this will eventually change to “oh my God it’s darn right ugly out there” and we need to lower rates to prevent a catastrophe slogan.
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Thursday, June 02, 2016
The Gold Bull Market – Is it Time Yet? / Commodities / Gold and Silver 2016
By: Bob_Loukas
Chart Freak writes: The Gold Bull Market
Do you think the Gold Bull Market has returned? Obviously I do, and have been trading as if the Gold Bull Market has returned. You need to be aware of this opportunity and appreciate that another big move in this Gold Bull Market is again developing. If this next move is anything like the moves seen during past Gold Bull Market’s, then you will not want to miss the next buying entry after this current correction winds down.
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Thursday, June 02, 2016
Stock Market Elliott Wave Count, Economic Cycle and Equities Cycle / Stock-Markets / Stocks Bear Market
By: Chris_Vermeulen
As you know a picture is worth 1000 words so consider this short yet detailed post a juicy 2000+ word report on the current state of the stock market and economic cycle.
The charts below I think will help you see where the US stock market and economic cycles appear to be.
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