Friday, June 17, 2016
The Fed Giveth and the Gold Bullion Banks Taketh Away… / Commodities / Gold and Silver 2016
Precious metal expert Michael Ballanger breaks down the gold price roller coaster surrounding the Fed's decision not to raise interest rates.
Janet Yellen just blew all remaining semblances of credibility believed to be still present at the U.S. Federal Reserve Board.
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Friday, June 17, 2016
Brexit: "The Vote Heard Around the World" / Stock-Markets / EU_Referendum
Our new free report gives you our well-researched opinion on Brexit -- and the markets
The campaign for the June 23 referendum on whether or not Britain should remain a member of the European Union has just hit a horrific milestone. CNBC reports that,
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Friday, June 17, 2016
Gold Stocks Summer Breakout? / Commodities / Gold and Silver Stocks 2016
The red-hot gold stocks surged again this week in an apparent early-summer breakout. This strong buying is defying their seasonally-weak odds this time of year. Investors are flocking back to the miners as gold powers higher on also-counter-seasonal strong investment buying. Such unprecedented gold-stock strength in early June highlights how undervalued the miners remain relative to gold, but is suspect.
Summers are usually lackluster times for gold, and thus silver and their miners’ stocks. These summer doldrums exist for a couple reasons. Gold simply enjoys no recurring demand spikes driven by cultural or income-cycle factors in June and July unlike during most of the rest of the year. It’s before the Asian-harvest, Indian-wedding-season, and Christmas gold buying that flares up like clockwork in second halves.
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Friday, June 17, 2016
Stock Investors Get Higher Returns and More Dividend Income - In Less Time With Less Risk / Companies / Dividends
Investing in blue-chip dividend growth stocks such as the Dividend Aristocrats or Champions has become very popular with retirees. This is understandable considering the low interest rate environment we find ourselves in. Traditional fixed income investments do not currently offer enough yield for the retired investor to live on. Consequently, current low interest rates, coupled with the possibility of a steadily increasing level of dividend income have made dividend growth stocks a viable and even attractive alternative.
When choosing the appropriate dividend growth stock, many dividend growth investors will rightfully focus on the company’s dividend record and dividend growth more than they will its price history. However, this can be a detrimental practice if the investor ignores valuation. Unfortunately, this is not an uncommon practice. There are many dividend growth investors who will invest in a blue-chip Dividend Aristocrat even when it is overvalued at the time. Many of these investors argue that since the dividend is what is of paramount importance, being out of a blue-chip will cause them to generate less dividend income. To these investors, a dividend missed is a dividend lost.
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Friday, June 17, 2016
Silver Wildcats - And The Day Futures Died - Part 1 / Commodities / Gold and Silver 2016
From Legends to Bankers
Yes, there has always been price manipulation.
There will always be price manipulation.
From the time of Caesar, through the American Civil War and into the 20th and 21st centuries.
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Friday, June 17, 2016
How to Use the Gold-to-Silver Ratio? / Commodities / Gold and Silver 2016
We have debunked the myth that gold-to-silver ratio should revert to its “true” level around 16. The predominant range for the ratio in modern times is rather well between 40 and 80. Moreover, the notion that the gold-to-silver ratio should revert to some historical average makes no sense. The relative valuation between these two precious metals depends on market forces, like the health of the world economy and monetary demand for both metals, or industrial demand for silver. Such factors change over time. For example, gold has nowadays much higher monetary demand compared to silver than in the past, which largely explains why the average ratio in the 21st century was on average higher than earlier.
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Friday, June 17, 2016
Inflation, Deflation & Associated Trading Prospects / Commodities / Commodities Trading
Recently I have gotten wordy about the decline in ‘inflation expectations’ beginning on June 2, right on through yesterday’s update of the TIP-TLT ratio and TLT in essence, attaining their targets. The implication would be that the mini deflation whiff is coming to its limits.
As often happens at potential limit points, the market’s crosscurrents are strong. As noted yesterday, USD, gold, silver and the gold miners all did in-day reversals as items that had been risk ‘off’ got hammered. ‘What, USD and gold in lockstep? What is the meaning of this?!?’ think inflationists. See yesterday’s in-day post Strange Bedfellows.
The meaning is that these items, along with the VIX and US Treasury bonds have been plays for a risk ‘off’ market as it got the jitters over deflation. Gold miners had been, however fleetingly, rising in line with their counter-cyclical fundamentals and this is the mirror image to the reasons why I so often parrot that if you are a gold miner bull, realize that fundamentally at least, the sector is done no favors in an inflationary backdrop (price, for long stretches of time, can be something else all together).
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Friday, June 17, 2016
Overnight Markets Struggling to Stay Flat / Stock-Markets / Financial Markets 2016
Good Morning!
The SPX Premarket is struggling to stay near yesterday’s closing price for the close of index options at the open this morning. Today is Quadruple Witching day, which has the probability of being very volatile.
ZeroHedge writes, “Traders are still stunned by the dramatic move in risk assets during yesterday's US session. As a reminder, at the lows for the day in the mid-morning Eastern Time, we saw the DAX at -1.81%, FTSE -1.13%, S&P500 -1.03%, US 10y yield 1.516% (lowest since August 2012) and GBPUSD 1.401. By the various closes these rallied to -0.59%, -0.27%, +0.31%, 1.580% and 1.420 respectively!
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Friday, June 17, 2016
Gold Price Surges to Highest in Nearly Two Years On Central Bank and Brexit Haven Demand / Commodities / Gold and Silver 2016
The gold price surged to their highest level in nearly two years yesterday on BREXIT concerns and deepening concerns that central banks are slowly losing control of the financial and monetary system.
Gold subsequently fell quite sharply below the key $1,300 level but remains roughly 1% higher for the week in all currencies and is on track for its third week of gains.
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Friday, June 17, 2016
Former Central Banker Admits World Economy Remains in Recession and Depressed / Economics / Global Economy
hi Friday June 17 2016 here home of alternative economics and contrarian views today I'd like to talk
about the honest former central banker and that is
mervyn king who was the governor of the Bank of England which is the equivalent
of what Janet Yellen is chairman of the Federal Reserve he was governor from
2003 2 2013 for 10 years so II he was around during the great financial crisis
and after it and before he was chief economist of the Bank of England before
that and deputy governor so is a man with experience
I know a lot of my viewers and myself do not believe in the institution of
central banking because it's basically a monopoly that and also it's a
bureaucracy that controls you know the price of money which should really be
controlled by the market but I he has written a book and the book is called
the end of alchemy money banking and the future of the global economy so
Friday, June 17, 2016
Walkers Crisps Spell and Go WIN! - K,C or D Holiday After 225 Codes / Letters? / Personal_Finance / Freebies and Comps
It's a big day today because we have actually finally won something 55 days into the Walker’s Crisps 'Spell and Go' promotion, now having entered over 225 codes for over 225 letters. So we have lots and lots of letters, see what we have won! Is it one of those special ultra rare holiday winning letters K, C or D, or something else? Find out in our latest video in this series so that you too can fully understand what the actual real world chances are winning!
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Friday, June 17, 2016
Stock Market Thinking Upside Down; Dow 18k Still Key / Stock-Markets / Stock Markets 2016
Do you remember the ‘70s, and the all-star disaster films like the Towering Inferno and the Poseidon Adventure? As interest rates and gas prices soared, we “escaped” to the theatre to watch these big disaster films.
You will remember in the Poseidon Adventure that a luxury liner traveling from New York to Athens is broadside by a huge rogue wave set off by an underwater earthquake. The entire ship is turned upside down. Reverend Scott (Gene Hackman) surmises that the solution is to be found by climbing upwards to the stern, where the ship’s propellers are now the highest point on the ship. Robin (Eric Shea) is a young man interested in ships and tells Scott that the hull is only 1 inch thick near the propeller shaft.
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Thursday, June 16, 2016
Flash Crash - Stock Market May See a Large Move Overnight / Stock-Markets / Financial Crash
It now appears that the 50-day Moving Average at 2077.32 is the probable target for this afternoon’s bounce. By 4:00 pm, this entire cycle from 2120.55 to today’s top will have taken 43 hours.
It’s time to prepare for a flash crash.
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Thursday, June 16, 2016
Stock Market Second Leg of the Retracement On Its Way / Stock-Markets / Stock Markets 2016
SPX may finish the second leg (Wave [c]) of its retracement at 2085.00 by the end of the day. The target is precisely where [c] equals [a]. This is a very orderly pattern, for once!
If you have gone to cash this morning, you may wish to go short by the end of the day.
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Thursday, June 16, 2016
Stock Market, Iron Ore, Bitcoin – Is Silver Next for Chinese Momentum Investors? / Stock-Markets / Financial Markets 2016
The roulette game all started in the fall of 2014, about 2 years after Chairman Xi Jinping came to power and became the General Secretary of the Communist Party of China.
Xi Jinping had campaigned for socialist economic reform, including a sweeping anti-corruption drive, cutting excess production capacity, tightening of housing credit, and clamping down on gaming in Macau. Public feedback was initially positive. However, largely as a result of those policies, Beijing was facing an increasingly grim economic growth outlook which was the worst in more than two decades*.
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Thursday, June 16, 2016
Why People are Migrating to the UK, Illegal Immigration, Housing Crisis Consequences / ElectionOracle / EU_Referendum
Contrary to press stories of civil wars, most of the migration (90%) into the UK has been purely economic that includes to study, many of whom turn out to be bogus students who instead are here to work illegally and for permanent settlement.
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Thursday, June 16, 2016
Stocks Fluctuate Following Recent Decline - Bottom Or Just Pause Before Another Leg Down? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,120, and profit target at 2,000, S&P 500 index).
Our intraday outlook is 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
Thursday, June 16, 2016
The US Consumer-Driven Economy Has Hit a Brick Wall / Economics / US Economy
Tony Sagami writes: Get a load of this headline from a German newspaper, which translates into “Extreme Low Interest: Who Saves Is the Fool.”
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Thursday, June 16, 2016
Bitcoin Price Going Parabolic Again, Now At $730 and Up 60%+ In Last Three Weeks / Currencies / Bitcoin
Bitcoin has soared more than 60% in the last three weeks, from $450 to above $700 in a parabolic move.
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Thursday, June 16, 2016
How Will a Brexit Vote Impact Gold and Silver Prices? / Commodities / Gold and Silver 2016
The June 23 referendum on whether or not the UK should leave the EU is fast approaching. New polls show that those favoring a leave vote or “Brexit” are leading by 10 to 20 points.This has sent ripples through the markets, as a Brexit is likely to cause economic chaos in the EU, cripple European banks and lead to a Recession.
It is not that voters in the United Kingdom want nothing to do with the EU. Instead, they prefer a mutually-beneficial economic relationship, rather than an economic and political arrangement with the Europenan Union:
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