Monday, June 06, 2016

Gold Mixed Signals or a Clear Path Forward? / Commodities / Gold and Silver 2016

By: Gary_Tanashian

Last week’s opening paragraph: “If we are going to highlight improving fundamentals, which we did as gold out performed commodities and stock markets, then we also have to highlight and respect eroding fundamentals; no ifs, ands or buts.”

This week’s opening paragraph: If we are going to highlight eroding fundamentals, which we did as gold under performed commodities and stock markets and Semi Equipment made an early positive economic indication, then we also have to highlight and respect improving fundamentals; no ifs, ands or buts.

Monday, June 06, 2016

Stock Market Spy Decision Imminent! / Stock-Markets / Stock Markets 2016

By: Submissions

Joseph VanDerveer writes: Below is a Daily Chart of SPY.  I would like to point out a few observations, starting with the two rising wedges that take a little imagination but bare with me. 

Watch the lower trendline going forward specially when we are passing a potential 6 month cycle top noted on the chart with two dashed vertical lines.

Monday, June 06, 2016

You Are Here, the Next Fourth Turning, No More Room to Increase Leverage / Politics / Social Issues

By: James_Quinn

The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation and empire. The very survival of the nation will feel at stake. Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War, and twin emergencies of the Great Depression and World War II." - Strauss & Howe - The Fourth Turning

Monday, June 06, 2016

Stock Market Consolidation Or Distribution? / Stock-Markets / Stock Markets 2016

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend: A lengthy correction is most likely underway!

SPX Intermediate trend: The H&S pattern has been invalidated and the index is re-testing the upper portion of its trading range.

Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.

Sunday, June 05, 2016

Two Charts That Prove Central Banks Are Losing Control / Stock-Markets / Financial Markets 2016

By: Graham_Summers

The markets opened weak yesterday when the ECB announced no new policies.

The ECB is out of options. Mario Draghi has cut rates into NIRP four times and spent nearly €1 trillion in QE. Looking at the EU’s inflation rate, you wouldn’t think the ECB had done anything.

Sunday, June 05, 2016

Walkers Crisps Spell and Go 175 Letters Zombie Apocalypse / ConsumerWatch / Freebies and Comps

By: Anika_Walayat

We have now entered 175 crisp packet codes for 175 letters in Walkers Crisps Spell and promotion. If there was an equal chance of getting each letter then the odds of winning a holiday would be 26 to 1. So with 175 letters we should have won at least 6 holidays! Find out how many holidays we actually won so far. Also after having munched through so many bags of crisps on a daily basis, we are experiencing some side effects beyond weight gain, especially at night, see our solution for dealing with this issue in our latest video -

Sunday, June 05, 2016

Stocks Hanging on Despite Shock Jobs Report / Stock-Markets / Stock Markets 2016

By: Jesse

Stocks are hanging on to this level which has given them such problems for so long as you can see from the chart below.

The stock market has become a mechanism for wealth appropriation and transfer, and as such must be maintained at all costs. LOL.

Sunday, June 05, 2016

Traders Panicking EVerywhere, Gold Chart / Commodities / Gold and Silver 2016

By: Gary_Savage

I see traders everywhere panicking. People are acting like they’ve gotten left behind. Nothing could be further from the truth.

While I’m skeptical that gold has made a final intermediate cycle low because it hasn’t dropped far enough to break the intermediate trend line yet, and the dollar should still have another leg up this month, the reality is that gold is only on day 3 of this daily cycle.

Sunday, June 05, 2016

EU Referendum - British People vs Establishment Elite, the Illusion of Democracy and Freedom / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

The latest propaganda card played by the Remain in the EU establishment camp was of George Osborne calling on his good buddy, Jamie Dimon, the head of JP Morgan to come to Britain and do his best to scare the British people into voting to REMAIN within the EU on June 23rd as being in the best interests of the British establishment who OWN Britain. So Jamie acted out the role of being the fourth horseman of a Brexit financial apocalypse that would see Britain's financial sector evaporate. Though maybe not on par with the last financial apocalypse that the likes of JP Morgan helped bring about in 2008. That 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 Britain's banks, and then had a £4 trillion noose of banking sector liabilities put around the necks of the British tax payer or else face financial armageddon...

Sunday, June 05, 2016

Bifurcated Stock Market / Stock-Markets / Stock Markets 2016

By: Tony_Caldaro

The market started the week at SPX 2099. After Monday’s holiday the market reached SPX 2103 on Tuesday. Wednesday the market declined to SPX 2085. Thursday the market rallied to SPX 2105, then returned to 2085 by Friday morning before ending the week back where it started at 2099. For the week the SPX/DOW were -0.2%, and the NDX/NAZ were mixed. Economic reports for the week were numerous and generally positive. On the downtick: the Chicago PMI, consumer confidence, construction spending, auto sales, monthly payrolls, ISM services and the Q2 GDP estimate. On the uptick: personal income/spending, the PCE, ISM manufacturing, the ADP, factory orders, plus, the unemployment rate, trade deficit and weekly jobless claims all improved.

Sunday, June 05, 2016

Muhammad Ali - Did The Greatest American Alive Just Die? / Politics / Social Issues

By: Raul_I_Meijer

“Boxing legend dies”, is what most headlines say. And the news was first reported on sports pages, though it did soon move to frontpages, fast.

Muhammad Ali was so much more than a boxing legend. So much more that to mention boxing first doesn’t do him justice. Ali was first and foremost a very brave and intelligent man, who changed America for the better. Or should we say: changed Americans?

Sunday, June 05, 2016

U.S. Conservatives will align with Hillary Clinton to Stage Global War / ElectionOracle / US Presidential Election 2016

By: Michael_T_Bucci

A political commentator predicted that the year 2016 would see the break-up of each political party. The entire GOP would shrink as a national party becoming one confined to rural areas; the Democrats would split between the pro-Wall Street, pro-military interventionist wing of Hillary Clinton; and the Bernie Sanders wing rejoining the legacy of F.D.R., the New Deal and Great Society, which gradually weakened since Bill Clinton.

With Hillary Clinton’s recent verbal assaults on Donald Trump and the exuberant praise of her by conservatives, the GOP might have its secret stealth candidate who won’t be appearing at the GOP convention in Cleveland, but might take enough Republican votes away from Trump in November to help defeat him. Her name is Hillary.

Saturday, June 04, 2016

Gold And Silver – Friday May Have Marked A Pivotal Turnaround / Commodities / Gold and Silver 2016

By: Michael_Noonan

More reasons why owning gold and silver should be at the top of everyone’s financial survival list, current elite-abused [abandoned] supply/demand considerations aside not being a part of the reasons where reason is utterly absent. Politicians have run amok. The elites are driving world economies harder and faster into the ground. Lies are the current political and financial currency, and the public seem not to mind.

From the Washington Post: 9 charts showing Yes-We-Can-Obama’s “recovery.” The 1st, 3rd, and 4th charts show debt of the American people [remember the 14th Amendment: the federal debt cannot be challenged – the elites had that written in]; the 2nd shows the ‘growth” of those reliant on the public teat, [in large, thanks to the preceding chart and the ones that follow]; the 5th shows Yes-We-Can Obama’s force-fed healthcare solution that nobody except him and the elites wanted, and why debt-enslavement is ensured, forcing yet more Americans onto chart 2; charts 6, 8, and 9 show Yes-We-Can-Obama’s “healthy economy,” if anyone is sufficiently retarded gullible enough to believe his lies. Chart 7 is a mystery. Insert any color vs the federal government, and you would get the same chart, maybe even worse.

Saturday, June 04, 2016

Bonds, Stocks, Gold and Silver ‘Inflation Trade’ Alive and Well / Stock-Markets / Financial Markets 2016

By: Gary_Tanashian

I don’t write the title because the precious metals took off today on the bad jobs report.  Far from it.  That is what gold is supposed to do under such circumstances as its fundamentals got a boost and the perceptions of a hawkish Fed got repelled.

I write the title despite the fact that the inflation barometer, TIP/TLT, tanked and commodities were moderate, post-jobs.  Yesterday we noted:  Inflation Expectations Sagging, including a declining TIP/TLT and a bullish looking TLT (each a form of non-inflationary signaling).  Today they got bearisher and bullisher, respectively.

Saturday, June 04, 2016

The Gryphon Review - Global Market Analysis / Stock-Markets / Financial Markets 2016

By: David_Chapman

The Great Housing Recovery ^Not!

New home sales just leaped to an eight-year high. Many were pleased with the gain, and as a result felt that the Fed could stay on course to hike interest rates at their June meeting. But the gain masks what is actually a bigger problem. New home sales are barely half their peak of 2006; housing starts are also barely half of their peak; existing home sales are doing better but are still 25% off of their peak; and, while housing price gains have been good, they also languish off 10% from their peak. Mortgage debt is actually down roughly $1 trillion from its peak, but the banks needing business are once again offering low down-payment mortgages to first time buyers. Mortgages are down because many don’t qualify, and many millennials who would like to get into the housing market are being held back with low-paying jobs and living in their parents’ basement. A series of charts demonstrate that the great housing leap is not that great after all.

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.

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.

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.”