Tuesday, May 10, 2016
Inflationist Gold Bugs Have Driven the Rally / Commodities / Gold and Silver 2016
By: Gary_Tanashian
[edit] The post began as a simple view of the inflationary dynamics in play within the precious metals market but as sometimes happens it, err… expanded. Please excuse the wordiness. But I would rather be wordy and try to make points backed in facts and data than backed only by my biased ego.
Not that I have proof (re: the title), but I do have some charts to help make the point that people who bought gold and gold stocks due to inflation fears have been driving the gold sector higher since March.
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Tuesday, May 10, 2016
SPX May Have Fulfilled its Retracement Requirements / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has challenged its hourly mid-Cycle resistance at 2078.02 and pulled back. It has now completed 94 hours at 1100 hours from the April 20 high at 2111.04. An interesting Cycle measure comes up here. It is 3.1416 X 30 hours = 94.25 hours. This suggests the rally may be over at or near 1115 hours. The European market closes at 1130, so there may be some linkage between markets.
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Tuesday, May 10, 2016
Bitcoin Price Space for Move up Limited / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, target at $153, stop-loss at $515.
A Swiss town is now embracing Bitcoin in an experimental move, we read on the Engadged website:
Most experiments in paying with digital currencies have come from private companies, but the Swiss town of Zug is trying something different. As of July 1st, the community is launching a trial that will let you pay for public services using Bitcoin -- as long as you're shelling out the equivalent of 200 francs ($206 US) or less, you can skip old-fashioned money. The trial will run through the rest of 2016, though whether or not it lives beyond that depends on the town council's findings.
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Tuesday, May 10, 2016
Greece Again Surrenders to Troika Bandits / Politics / Eurozone Debt Crisis
By: Stephen_Lendman
On Sunday, long-suffering Greeks suffered another body blow. Parliamentarians voted 153 to 143 for greater austerity than already, exclusively benefitting Western bankers and large investors, social justice entirely ignored.
A three day anti-austerity strike featured protests and sit-ins. Large parts of Greece’s economy were shut down, including transport, schools and other public services to no avail.
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Tuesday, May 10, 2016
Is a Cash Ban and Carry Tax Coming to the US? / Personal_Finance / War on Cash
By: Graham_Summers
Europe has banned the use of €500 bills.
The reason?
They claim these bills are used in money laundering and for drugs. And if you believe that is the concern, you probably believe the earth is flat.
The fact of the matter is that Europe is now the center for misguided Central Planning for monetary policy. ECB President Mario Draghi has cut interest rates not once, not twice, not even thrice, but FOUR times into NIRP.
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Tuesday, May 10, 2016
China to Suck Up the World's Physical Gold Using Shanghai Gold Exchange and Arbitrage / Commodities / Gold and Silver 2016
By: MoneyMetals
Mike Gleason: This is Mike Gleason with Money Metals Exchange and it is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well known blogs in the industry and has been covering the precious metals for close to a decade now and puts out some of the very best analysis on banking schemes, the flaws of Keynesian economics, and evidence of manipulation in the gold and silver markets.
Craig, it's great to have you back with us and thanks for joining us again today. Welcome!
Craig Hemke: Mike, it's my pleasure and thank you for the kind words. I appreciate it.
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Tuesday, May 10, 2016
Yen Strength Sends AUDJPY Towards Multi-Year Lows / Currencies / Austrailia
By: AnyOption
Sustained inaction from the Bank of Japan combined with another round of loosening by the Reserve Bank of Australia has seen the AUDJPY continue to tumble, trending back towards multi-year lows reached back in February during the risk-asset rout. With Central Banks eagerly waiting on the Federal Reserve to act in order to alleviate pressure on local currencies, risk assets are likely to continue tumbling despite the extreme policies implemented by certain institutions. However, with the BoJ not forecast to move on policy short-term and the RBA maintaining its accommodative stance, the stage is set for further losses in the AUDJPY pair as risks to the outlook mount. Barring another round of direction intervention in the Yen from the BoJ, the current trend in the pair is likely to prevail over the medium-term amid worsening external conditions. Read full article... Read full article...
Tuesday, May 10, 2016
USD may attempt a new Low, SPX probing the Trendline / Stock-Markets / Financial Markets 2016
By: Anthony_Cherniawski
Traders are beginning to ask the question, “Is the Dollar oversold enough for a trend change?”
YahooFinance Has an article explaining the technical analysis for a reversal.
Allow me to weigh in. April 27 was a Pi date, warning that a bottom may come soon. The chart low occurred on May 3, six calendar days later.
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Tuesday, May 10, 2016
Gold And Silver Bullion ‘Super Bull Market’ Initiated Says David Morgan - Video / Commodities / Gold and Silver 2016
By: GoldCore
‘Silver guru’ David Morgan was recently interviewed by Future Money Trends and said that the gold and silver bullion “super bull market” has been initiated.
“We are finally in the very beginning of the new bull market which will be the most exciting as the third leg up is the one that is the most rewarding. In fact few will believe just how high the precious metals will go. The end date is most likely 2018/2019 at this point.”
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Tuesday, May 10, 2016
Two Investment Giants Prepared For Imminent Stock Market Crash - Video / Stock-Markets / Financial Crash
By: Mario_Innecco
Transcript excerpt: hi it's Tuesday May 2016 yet today I'm talking about to investment Giants who
have recently come out and said basically they're preparing for market
crash stock market crash and the reason I'm doing this video is because I think
it's important to pay attention to these guys in especially when they're carl
icon icon and stanley druckenmiller they are like legends in the investment
business first of all I'd like to talk about the markets and my take on what's
been happening markets you know usually frustrate investors or speculators
there's an old adage that says you know markets can remain irrational for longer
can you can remain solvent you know so it's a frustrating business speculating.
Tuesday, May 10, 2016
UK Savers Reap the Rewards of Regular Savings Accounts / Personal_Finance / Savings Accounts
By: MoneyFacts
With the savings market in steady decline, it’s hard to believe there is any positive savings news. However, research by Moneyfacts.co.uk reveals that there is one sector that is giving savers a glimmer of hope – regular savings accounts have turned against the flow of rate cuts, and as a result, the average fixed regular saving rate has risen by 0.10% in just the last six months.
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Tuesday, May 10, 2016
Fear of America First by GOP Establishment / ElectionOracle / US Presidential Election 2016
By: BATR
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to heaven, we were all going direct the other way - in short, the period was so far like the present period, that some of its noisiest authorities insisted on its being received, for good or for evil, in the superlative degree of comparison only”, is just as true today about the true conservative movement as it was back in Charles Dickens, A Tale of Two Cities, era.
Tuesday, May 10, 2016
When Will Uranium Emerge from the Shadow of Fukushima? / Commodities / Uranium
By: The_Energy_Report
Joe Reagor of ROTH Capital Partners explains the factors that have kept uranium spot prices down, how much longer they will be in effect, and why uranium should be on investors' radar screens today. He also discusses four uranium companies that are in position to benefit from the looming uranium shortage.
The Energy Report: How do you see the big picture for uranium? Spot prices have dropped recently. Are you still bullish?
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Tuesday, May 10, 2016
After COT Data Shocker, No Surprise Gold is Down $30 Today / Commodities / Gold and Silver 2016
By: The_Gold_Report
Technical analyst Jack Chan shows why Friday's COT data was so shocking and what it means for gold.
Tuesday, May 10, 2016
Stock Market Dance.....Stochastic's Favorable... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The market has pulled back from very overbought conditions and has done so in a way that has allowed all the daily RSI's on the key index charts to unwind to oversold. While not always the case, when that does happen in an existing bull market the trend usually heads back to the up side. Not always as you can stay oversold, such as what happened in January, but that is rare.
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Monday, May 09, 2016
Oil Stocks - Invalidation of Breakout above Important Lines and Its Consequences / Commodities / Oil Companies
By: Nadia_Simmons
In the previous week, crude oil moved higher once again and re-tested the strength of the key resistance zone. Despite this improvement, oil bulls didn't manage to hold gained levels, which resulted in another invalidation of earlier breakouts. What happened at the same time with oil stocks? Will they follow crude oil's moves in the coming weeks? Let's jump right into charts (chart courtesy of http://stockcharts.com) and find out what can we infer from them.
Monday, May 09, 2016
Trump Puts The Idea of a US Government Debt Default On The Table / ElectionOracle / US Debt
By: Jeff_Berwick
On Thursday, Donald Trump told CNBC that his solution to dealing with the $19 trillion-plus national debt involves a form of default such as repurchasing existing bonds at a discount.
The media jumped all over him calling his idea "insane” and warning that it would tank the economy or set off an “unprecedented financial crisis.”
They are right that it would set off an unprecedented financial crisis... but, believe it or not, that is the best-case scenario at this point. Not defaulting would lead to hyperinflation which would be even worse.
Monday, May 09, 2016
Commodities Overtake Stocks and Bonds with Best Rally Since 2010! / Commodities / Commodities Trading
By: Chris_Vermeulen
Traders who follow the price of gold and silver, should keep an eye out on the U.S. dollar index. The dollar has been within a trading range for more than a year. During December of 2015, the dollar rose to test the highs at 100, however, since February of 2016, the dollar has been in a downtrend, as shown in the chart below.
The FED has reduced the expectations of a rate hike in 2016 from one full percentage point, in the beginning of the year, to a half percent and perhaps to none at all. However, my expectation is that the FED may have to start rolling back this increase before the end of 2016.
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Monday, May 09, 2016
Stock Market Next Leg Down / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX turned down minutes after 10:00 am, completing exactly 86 hours in its reversal pattern (waves 1-2) off the April 20 high. This is encouraging, since it implies an order in the timing of the waves.
The next segment (Waves 3-4) may take 30.1 hours, suggesting the next retracement high may be near noon on Friday. The final decline (wave 5) may take 12.9 hours, taking a total of 43 hours from this morning’s high and likely to end near 11:00 am on Tuesday. The total decline from top to bottom may take 129 hours, or near 18.5 days (4.3 squared).
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Monday, May 09, 2016
Japan: An Economy of Zeros / Economics / Japan Economy
By: Michael_Pento
The red sun on the flag of Japan symbolizes its position as the land of the rising sun. However, during WWII that round shape was pejoratively referred to as a zero. And now, since Japans economy is emitting so many zeros it can, unfortunately, once again be referred to as the land of zeros.
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