Wednesday, June 15, 2016
Central Bankers Are Wrong About Inflation and Deflation / Interest-Rates / Central Banks
By: Frank_Shostak
The majority of economists view deflation as a general decline in prices of goods and services. This is viewed as a major threat to the public’s well-being for deflation is seen as a major factor that plunges the economy into an economic depression. Most of them are of the view that central banks and governments’ worldwide must aggressively fight the possible emergence of deflation. This way of thinking stems from an erroneous view of what deflation is. As a result, it is overlooked that it is not deflation but rather monetary pumping which is the root of economic hardship.
Wednesday, June 15, 2016
During the Next Financial Crisis, Entire Countries Will Go Bust / Stock-Markets / Financial Crisis 2016
By: Graham_Summers
For seven years, the world has operated under a complete delusion that Central Banks somehow fixed the 2008 Crisis.
All of the arguments claiming this defied common sense. A 5th grader would tell you that you cannot solve a debt problem by issuing more debt. Similarly, anyone with a functioning brain could tell you that a bunch of academics with no real-world experience, none of whom have ever started a business or created a single job can’t “save” the economy.
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Wednesday, June 15, 2016
Alignment Of The Dow, Interest Rates, Debt and Silver Cycles Will Deliver A Fatal Blow / Stock-Markets / Financial Markets 2016
By: Hubert_Moolman
Since the inception of the debt-based monetary system (with its fractional-reserve banking), the banks have been playing a nasty game of Russian roulette. The only reason that the system has not blown-up is because the relevant cycles have not adequately lined up to deliver a fatal blow.
They have been allowed to play it long enough, and it now appears that the fatal blow will be delivered soon (just like Russian roulette when you play it long enough). The coming Dow crash is the likely trigger that will deliver this blow.
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Wednesday, June 15, 2016
Stock Market Bounce May be Over / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX may have met its match with the Broadening trendline at a 35% retracement. The peak came at 10:13 am, just 7 minutes over the 30.1 hours required to complete the Cycle.
Wednesday, June 15, 2016
Bollinger Band Trading Strategy / InvestorEducation / Trading Systems
By: Chris_Drinkwater
John Bollinger developed what was to become known as Bollinger Bands as a useful measurement of volatility. It is I think unnecessary to go into the maths of the Bollinger Band as they can be found on every trading platform.
As John Bollinger himself noted low volatility begets high volatility so it is useful to have a graphic representation of low volatility so that we can look for our entry in that area to take advantage of the high volatility that must come.
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Wednesday, June 15, 2016
EU Referendum: Have the Bookmakers Got it Wrong? LEAVE Opinion Polls Lead / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
A string of recent opinion polls such as Opiniun giving LEAVE a 19 point lead or ORB's giving LEAVE a 10% lead are not being reflected by the bookmakers betting odds. And even if we ignore some of these more extreme polls because there is no way LEAVE is going to win by 19% or even 10%, then still as my recent analysis illustrates that LEAVE have been nudging into the lead which is just NOT being reflected by the betting that is still heavily skewed in favour of REMAIN.
Wednesday, June 15, 2016
The Lies That Sustain US / Politics / US Politics
By: Barry_M_Ferguson
America has one of the best and fastest growing auto manufacturers in the world and no one seems to know the company. Let me explain.
The US D.O.P.E. (Department Of Pathological Embellishment - a.k.a. the ‘Commerce Department’) just put out some great news that was so obviously meant to stem the now 3-day selloff in stocks. The great news is americans are spending money like drunken sailors on leave. Of course, anyone with a brain cell knows very well that the DOPE is simply a vestige of Nazi-ism in that it is a propaganda wing of a regime intent on deceit. So, to make us happy, or to make us believe all is well, we are told that consumers are spending money and the economy is about to take off!!! Isn’t ‘next quarter’ always going to be the quarter the economy heats up?
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Wednesday, June 15, 2016
Gold Bull Or Bear Market: Why June 2016 Is The Most Important Month Of The Decade / Commodities / Gold and Silver 2016
By: InvestingHaven
Gold is said to be in a bull market again, but we disagree with that. According to our methodology, gold will only enter a bull market if it will trade for at least 5 consecutive days above $1291. So far, that has not happened, but could happen in June of 2016.
The reason why $1291 is such a hugely important price point for gold can be derived from gold’s long term chart seen below. Basically, $1291 is both a key Fibonacci retracement level for gold’s secular uptrend (from 2001 till 2011) and the resistance line of the bear market. The combination of both has an extremely high importance.
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Wednesday, June 15, 2016
EUR-USD : Strong Jobs Numbers Suggest Fed Reluctance to Raise US Interest Rates / Currencies / US Dollar
By: Submissions
Options Shark writes: In spite of currently dismal employment numbers, Janet Yellen, Federal Reserve Chair, has announced that federal interest rates will increase. Economists expect to see changes as late as September or July of this year; some believe the rate could be raised as much as twice. Prior to December, the federal interest rate was a steady 0% for the previous seven years; the current rate is 0.5%. The raise in December was monumental after the economy steadily climbed thanks to the central bank’s decision to lower the rate to zero.
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Wednesday, June 15, 2016
Gold Price Rally / Commodities / Gold and Silver 2016
By: Bob_Loukas
A solid bid returned to the Gold sector this past week as the market saw a solid Gold Rally. And the GLD ETF alone added more than 15 tons of Gold. The precious metals Miners, which had fallen 10% from their recent Cycle highs, rallied to recover all of their losses, and to print new 2016 highs.
Considering that the Dollar also moved sharply higher last week (and continued to start the week) out of its own Cycle Low, the action in the Gold market is surprisingly bullish. If Gold were destined to decline for one more Daily Cycle into an Investor Cycle Low (ICL), I would have expected a rising Dollar to be the catalyst to send it lower.
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Wednesday, June 15, 2016
How to Invest for Brexit Report / Stock-Markets / EU_Referendum
By: EWI
Dear reader,
If you follow Europe's major financial news networks, you're no doubt inundated by all the rumor and conjecture surrounding the Brexit referendum -- it dominates the headlines.
Back across the pond, the Washington Post calls it the "most important vote in Europe in a half-century."
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Wednesday, June 15, 2016
Stock Market Short of the Decade? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has completed two impulses down. Wave [i] ended at 2088.30. The second impulse ended at 2064.18. If it is Wave [iii], then Wave 1 may end near 2035.00 to 2040.00, a bit short of our initial target. The second impulse has filled its only gap this morning, so it is not acting like a Wave [iii]. That suggests something else is going on.
If this is a {i]-[ii], (i)-(ii) combination, then Wave (iii) may be a multiple of the two combined waves (56.37 points).
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Wednesday, June 15, 2016
Bitcoin Price Close to $700 / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
Bitcoin is on the move up. New “reasons” are being dug up for the appreciation. In a Bloomberg article, we read:
Bitcoin surged to a two-year high amid expectations supply of the digital currency will shrink next month.
The cryptocurrency rallied to $696.5 on Monday in Hong Kong, the highest since February 2014, according to data compiled by Bloomberg. It was trading at $689.23 as of 3:50 p.m. in Hong Kong, up 19 percent from Friday.
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Wednesday, June 15, 2016
This Manhattan Condo’s $250 Million Price Tag Real Could Mean US Estate Bubble Is Ready to Pop / Housing-Market / US Housing
By: Harry_Dent
I’ve been doing a lot of traveling lately. Our lease ran up at our home in Tampa many weeks ago, and my wife and I have been staying at several of our favorite spots up and down the east coast.We’re in San Juan now, but last month I got a look at this new “billionaire’s row” that’s popped up on the south side of Central Park in New York.
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Wednesday, June 15, 2016
Polish Migrants Fear BrExit But Complain of NHS Waiting Lists, Poor Quality of Healthcare - C4 News / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
The focus of Tuesdays Channel 4 News programme was on the potential impact of a Brexit on Poland and Polish migrants in the UK. The key point of note was the degree to which Poland has benefited from membership of the European Union with countless examples of near wholly funded by EU infrastructure projects right across Poland that have literally turned desolate regions into modern landscapes populated by new airports, roads, bridges, parks and cultural attraction centres that the EU excels at funding so as to put its blue flag stamp all over the regions.
Tuesday, June 14, 2016
Stock Market Sell Off Coming! / Stock-Markets / Stock Markets 2016
By: Chris_Vermeulen
This “distortion” between “risk” and “return” has created a “bubble” effect in all global equity classes. I informed my subscribers to exit the SPX on November 25th, 2014 and to enter cash. Their equity risk exposure was reduced to zero. Momentum oscillators are now extremely overbought and are very clearly trending bearish. I wait for confirmation before entering any new long SDS and long VXX positions.
This week (Tuesday) there is another FOMC meeting. The news of this monetary policy will be released on Wednesday, June 16th, 2016. Expect choppier price going into the meeting and shortly thereafter.
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Tuesday, June 14, 2016
Is Gold-to-Silver Ratio Too High? / Commodities / Gold and Silver Stocks 2016
By: Axel_Merk
The gold-to-silver-ratio is an indicator that shows how many silver ounces are required to purchase an ounce of gold. The gold-to-silver ratio is one of the most important parameters in the precious metals market, as it measures the relative value of gold and silver. Therefore, it is a useful tool indicating whether gold or silver is undervalued or overvalued relative to each other. Investors can use the ratio as a timing indicator deciding when to buy gold or silver, or which metal to buy at any given time. When the ratio is low, it means that silver is overvalued relative to gold (and vice versa).
Tuesday, June 14, 2016
QE - The Good, Bad & Ugly / Stock-Markets / Quantitative Easing
By: Axel_Merk
Are we better off with "QE", the ultra-accommodative monetary policy pursued by major central banks around the world? Is it "mission accomplished" or are we facing a "ticking time bomb"? Are extreme characterizations even warranted to describe the unconventional monetary policy of recent years, and what are implications for investors?
Tuesday, June 14, 2016
This Demographic Shift Makes Our Social Security Useless / Politics / Demographics
By: John_Mauldin
BY PATRICK COX: The 2008 financial crisis delivered a TKO to the global economy. Since then, the media has been reassuring us that the US economy is recovering.
Unfortunately, it has been the weakest post-recession recovery in modern history. Some people have seen no recovery whatsoever, and most Americans are losing ground and hope.
Why have so many people been so wrong?
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Tuesday, June 14, 2016
Savings Rate Cuts Hit ISAs Hard / Personal_Finance / Savings Accounts
By: MoneyFacts
Data from Moneyfacts.co.uk can reveal that rate reductions in the savings market have now outweighed rate rises for eight consecutive months.
In May, Moneyfacts recorded just 18 savings rate rises. Disappointingly, rate reductions over the same period completely outshone this figure, with the number of rate decreases standing at a staggering 156, with some deals falling by as much as 2.00%.
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