Tuesday, June 21, 2016

Gold Falls As UK Gold Demand “Rockets” – Investors “Seek Stability” / Commodities / Gold and Silver 2016

By: GoldCore

Gold fell again today despite very robust physical demand in western markets and especially the UK. Gold fell to a ten-day low as the recent global share rally showed signs of exhaustion.

Tuesday, June 21, 2016

Billionaire Li Ka-Shing Says China’s Economic Outlook Is Bright / Economics / China Economy

By: Bloomberg

Trade surplus, income from services help counter mounting debt

Tycoon was criticised by Chinese state media last year

Hong Kong’s richest man said China’s economic outlook is bright in the long term, casting a vote of confidence in a country that’s growing at its slowest pace in a quarter century.

Tuesday, June 21, 2016

Hong Kong’s Richest Man Warns Against Brexit as Vote Looms / ElectionOracle / EU_Referendum

By: Bloomberg

As one of the U.K.’s largest investors, Li has much at stake

U.K. accounts for 37 percent of profit at Li’s main company

Hong Kong’s richest man stepped up his calls for Britons to vote in favor of staying in the European Union as the world braces for the outcome of this week’s vote.

Tuesday, June 21, 2016

$GOLD vs. Brexit / Commodities / Gold and Silver 2016

By: Gary_Savage

I see traders everywhere worrying about how the Brexit vote will effect gold. Folks, forget about the Brexit. By this time next week the Brexit will already be fading into memory and the market will go back to doing what it was doing before the vote.

Tuesday, June 21, 2016

EU Referendum Latest Opinion Polls Show LEAVE Halting REMAINs Surge / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

The Latest opinion poll shows REMAINs lead is already crumbling as YouGov now puts LEAVE back in the lead on 44% against REMAIN on 42% and therefore bringing REMAINs strong momentum in the wake of the last Thursdays horrific events to a shuddering halt that had seen LEAVEs commanding lead quickly evaporate to resolve in a series of polls that put REMAIN ahead.

Tuesday, June 21, 2016

UK Fixed Rate Mortgages - Move Over Banks, Mutuals Offer Borrowers Better Deals / Housing-Market / Mortgages

By: MoneyFacts

Due to bigger banks taking greater advantage of the Government’s Funding for Lending Scheme to fund their mortgage books (and still having a significant sum of cash left to use), many would assume that mortgage rates from these providers would be significantly lower than those offered by the rest of the market. However, research from Moneyfacts.co.uk has found that building societies are actually the undeniable winners when it comes to mortgage deals.

Tuesday, June 21, 2016

British Pound Outlook - BREXIT, Europe and You - Does your vote matter? / Currencies / EU_Referendum

By: Marc_Horn

The BREXIT vote is only a few days away and will have a profound impact on the future of the globe we are lead to believe.
Stalin's first criteria has been met - the illusion that the people are involved in the outcome suffices.

Tuesday, June 21, 2016

Don't Let George Soros and Lord Rothschild Scare You into Staying in the EU - Video / ElectionOracle / EU_Referendum

By: Mario_Innecco

In this video I talk about a fear mongering campaign by George Soros,
Lord Jacob Rothschild and George Osborne trying to get the UK public to vote to remain in the EU on June 23, 2016

Tuesday, June 21, 2016

Offshore Shakedown: FATCA, The Panama Papers and Why You Need a Self-Directed IRA / Politics / Taxes

By: Jeff_Berwick

I recently sat down for an interview with TDV Offshore‘s Managing Director Paul Seymour to discuss the worsening worldwide situation for financial privacy and economic survival. Topics included the Panama Papers, precious metals, self-directed IRAs, 401Ks, The Foreign Account Tax Compliance Act (FATCA) , offshore bank accounts, offshore corporations and Paul’s belief that a financial catastrophe may loom as soon as October 2016.

Tuesday, June 21, 2016

Fascist Victory Behind the European Union / Politics / European Union

By: BATR

Most of what you learned from orthodox history schooling is flat out wrong. Add into this indoctrination, the movie accounts that portray the reasons and motivations about the conflict during World War II. Especially, the European theater which has been obfuscated in scores of books and political analysis, mislead and distort the facts. All the efforts to chastise the NAZI regime profoundly ignore the true end results of the German surrender. To the victors belongs the descriptive end account of the narrative. Yet, when you peel back the onion, the tears that are exposed carry forward well into the next millennium.

Tuesday, June 21, 2016

Here’s Why German Banks Consider Hoarding Billions of Euros in Vaults / Interest-Rates / War on Cash

By: John_Mauldin

One of Germany’s largest banks is seriously considering stockpiling cash. Sources within Commerzbank have told Reuters they are “examining the possibility” of hoarding billions of physical euros in secure vaults.

This is truly bizarre. Under normal conditions, holding cash is anathema to commercial bankers. They keep as little as possible on hand; they certainly don’t go out of their way to hold more.

Tuesday, June 21, 2016

EU Referendum Opinion Polls Analysis Shows Strong Momentum in REMAINs Favour / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

Last Thursdays killing of Pro-REMAIN Labour MP Jo Cox by a right wing extremist has had a dramatic effect on the EU referendum, where a poll lead for LEAVE has evaporated to give REMAIN a marginal lead that this momentum analysis of the most recent polling data attempts to illuminate.

Tuesday, June 21, 2016

Is It Time to Dump Gold and Buy Platinum? / Commodities / Platinum

By: The_Gold_Report

Bob Moriarty explains why precious metals investors may want to look beyond gold to a commodity with a long history and an interesting relationship to the yellow metal.

Tuesday, June 21, 2016

BrExit Poll Nonsense... Stock Market Rally / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

We were all waiting for this Brexit situation to come and go this coming Thursday evening. Then a small sample poll was taken late yesterday and it showed a 70% vote in favor of Britain staying. The futures across the world went nuts to the up side. Europe had many countries up over 3%. Some approaching 4%. Amazing what a small poll can bring out in terms of froth. A market that wants higher will use any excuse to rock itself higher. You can also add in Kurota from Japan saying last night that more easing is on the way. None of it has worked, but that won't stop his desperation. The market got enough frothing news to rock itself up, except in the end the candles were weak today.

Monday, June 20, 2016

Could Central Bankers Be Gold and Silver's BIGGEST Allies? / Commodities / Gold and Silver 2016

By: MoneyMetals

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.

Coming up we’ll hear from Dan Norcini, who joins us to break down the markets like no else one can. Dan discusses some of the wild moves in the markets of late, the thing he focuses on the most when trying to predict what’s ahead for gold and why he does not think the gold price is currently being manipulated. You will not want to miss an incredible interview with Dan Norcini, Trader Dan, coming up after this week’s market update.

Well on Wednesday, Federal Reserve policymakers opted to keep interest rates unchanged. The decision came as no surprise in the wake of the recent disappointment in jobs numbers.

Monday, June 20, 2016

Is Orlando The New 9/11? / Politics / War on Terror

By: Dr_Ron_Paul

Last week America was rocked by the cold-blooded murder of 49 people at the Pulse nightclub in Orlando, Florida. Unlike the terrorist attacks of September 11, 2001, the Orlando shooter appears to be a lone gunman who, while claiming allegiance to ISIS, was not actually working with a terrorist group. About the only thing Orlando has in common with 9/11 is the way power-hungry politicians and federal officials wasted no time using it to justify expanding government and restricting liberty.

Monday, June 20, 2016

The Economic Reality of BrExit / ElectionOracle / EU_Referendum

By: Frank_Hollenbeck

The United Kingdom will shortly vote either leave or remain in the European Union. This is the most important European event of this century since a vote to leave will likely have important domino effects for the rest of Europe.

A recent poll showed that if the UK could keep free trade with EU nations, the British people would vote overwhelmingly to leave the EU. To drum up support for staying in the EU, The UK Government and quasi government agencies, like the IMF and OECD, have issue continuous warnings about the costs of such a divorce. The IMF recently reiterated its forecasts that BREXIT would have a significant negative effect on the UK economy with a drop in GDP anywhere between 1% and 9% over the long term. The reality is that Brexit would probably only have a minor initial impact on trade or GDP and, on the contrary, would open up vast possibilities for the UK to exploit trade relations with other faster growing regions of the world without having to reach complex trade agreements that satisfy the vested interests of the other 28 members of the EU. 

Monday, June 20, 2016

Words Still Mean Things – Brexit With Graham Mehl / ElectionOracle / EU_Referendum

By: Andy_Sutton

Last time our piece focused on what has come to be known as 'escape velocity' and how an aeronautical term has come to be used to provide some boost to the perception of the USEconomy when in fact it actually has noelocity whatsoever. This week we're going to take a look at another term, and even though it is an amalgam of two words, it still has profound meaning.

Monday, June 20, 2016

Baroness Warsi the Manchurian Candidate Quits LEAVE for REMAIN, Boris Johnson Next? / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

Baroness Warsi, a mostly from the sidelines LEAVE campaigner has now apparently abandoned the cause for FREEDOM for Britain from an emerging european super state because of that naughty Nigel Farage's poster of last week that highlighted the migration crisis that Europe faces. However, as I have often voiced that these converts to the BrExit cause could well turn out to be 'manchurian candidates' who in the last days of the referendum campaign would publically switch in an attempt to do fatal damage to LEAVEs cause.

Monday, June 20, 2016

FTSE Soars, Stock Markets Bounce on LEAVE Polls Surge, Bookmakers Widen BrExit Odds / Stock-Markets / Stock Markets 2016

By: Nadeem_Walayat

The first string of opinion polls following the killing of Labour MP Jo Cox apparently in the name of "Freedom for Britain" or "Britain First" have now swung markedly in REMAINs favour, reversing an earlier LEAVE polls lead with REMAIN now marginally ahead on 45% against LEAVE on 42% with 13% Don't Knows as the following list of recent polls illustrates that until the killing of Jo Cox LEAVE had been in the lead but now have LOST that lead due to the actions of a radicalised right-wing extremist.