Saturday, May 14, 2016

The Trump Factor - The Art of the Double-Dealing Megalomaniac / ElectionOracle / US Presidential Election 2016

By: Walter_Brasch

Savannah State University in Georgia will offer a three-credit course this summer, “The Trump Factor in American Politics.” The professor is Dr. Robert Smith, who says the students will read Trump’s policy statements and excerpts from Trump’s books, and then discuss his political philosophies.

Many people may believe this is a terrible waste of any student’s mind and tuition payments. Some may even claim there are other courses that have higher value in the American educational system. For example, Rutgers offers “Politicizing Beyonce,” Skidmore College offers “The Sociology of Miley Cyrus,” the University of Missouri offers a class to better understand Kanye West and Jay Z, and hundreds of colleges have courses that look at the lives and views of strange people known as philosophers.

Saturday, May 14, 2016

Gold Mining Stocks - Getting A Heartbeat / Commodities / Gold and Silver 2016

By: Richard_Mills

PricewaterhouseCoopers LLP (PwC) has recently released their 48th annual British Columbia Mining Report.

We all know commodity prices have been on a downward trend for the past five years. We also know several mines in the province have been put on care and maintenance and many early stage projects have seen their funding dry up.

Saturday, May 14, 2016

Transportation Recession Signals Retail Problems Ahead! / Economics / Recession 2016

By: Gordon_T_Long

Financial Repression and the Structural Concerns for the Retail Market

FRA co-founder Gordon T. Long is joined by Wolf Richter to discuss the struggling retail market and its subsequent impact on the U.S economy as a whole which are a result of the recent financial crisis.

Saturday, May 14, 2016

Walkers Crisps 'Spell & Go' Letters K,C and D Only Way to Win? / Personal_Finance / Freebies and Comps

By: Anika_Walayat

So far we have entered just over 100 wakers crisp packet codes, for 100 letters and now have every letter except K, C, and D. Which confirms our earlier analysis that the letters K, C, and D are being with-held and not given out randomly. Having looked deeper into the promotion it is highly likely that the winning letters K,C and D will....

Saturday, May 14, 2016

The Fed Is Finally Coming Clean About Inflation / Interest-Rates / Inflation

By: Graham_Summers

For years the Fed has been lying about inflation.

There are many methods of doing this, but the simplest was to use a “measure” of inflation that did not actually measure inflation at all.

This is the famous Consumer Price Index of CPI. It is meant to measure inflation, but ignores obvious costs of living items like food and energy usage.

Saturday, May 14, 2016

Beating Analyst Expectations Is All That Matters / Stock-Markets / Corporate Earnings

By: Barry_M_Ferguson

Read carefully. I just report what I read.

‘Zillow shares surge as quarterly loss narrows’.

CVS had a ‘healthy’ earnings report. Sales rose but earnings actually fell by 6%. How is that ‘healthy’? 

Saturday, May 14, 2016

Playing With A Breakdown... Stock Market At An Inflection Point... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

The market has been bifurcated for quite some time with froth leading lower while the S&P 500 and Dow try to hold up the market. Money has been rotating in to the S&P 500, because that's where lower froth, lower P/E and higher dividend stocks live. Big money hasn't made the big move, yet, of distributing out their plays. While they are acting more risk adverse, they still have been playing as if they want to spend more time with the world of the S&P 500 stocks. We know this, because, while the Nasdaq has long ago lost the 20-, 50-, and 200-day exponential moving averages, the S&P 500, before today, was above its 50-day exponential moving average. It had lost the 20's, but was still above the 50's, and well above the 200's, which lives at 2023. The 50's at 2048. So only if the S&P 500 were to lose 2048, and then 2023, would the market be in big trouble?

Saturday, May 14, 2016

Goldcorp Is Back and Spending: Could West Red Lake Gold Mines Be Next? / Commodities / Gold and Silver Stocks 2016

By: The_Gold_Report

Goldcorp is fresh off an announced transaction of $520M for Kaminak Gold, which is a big win for the industry. The company has been quietly putting dollars in juniors, like $16M in Gold Standard Ventures, and there could be more to come. In this article, Resource Maven Gwen Preston discusses possible target West Red Lake Gold Mines and how this company is shaping up to take advantage of the initial turnaround in the market.

Saturday, May 14, 2016

Gold & Silver Demand Skyrockets as “Chinese Floor” Ensures Upward Price Moves / Commodities / Gold and Silver 2016

By: MoneyMetals

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

There’s been some big news out of China lately, and today we’ll dive deeper into the discussion when I welcome in Gordon Chang. Mr. Chang is one of the foremost experts on the Chinese economy and has written a book titled The Coming Collapse of China. He’ll tell us why he believes an epic collapse is imminent and what it all means for the Western financial world and why he believes there is what he calls a Chinese floor on the gold price. Don’t miss an incredibly enlightening interview with Gordon Chang, coming up after this week’s market update.

Friday, May 13, 2016

Stock Market Confirmed Sell. Bounces Still Possible / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

SPX has crossed its 50-day Moving Average at 2055.10 and is headed for the Head & Shoulders neckline at 2040.00. I know that it is a shallow formation, but there is a potential for another neckline at 1967.85, where another support lies. The target for that formation appears to be nearer 1800.00. Fourth wave necklines are not as strong as those at a wave one. However, they can be equally valid. Let’s see how it follows through beneath the neckline.

Friday, May 13, 2016

Atlanta Fed GDPNow +2.8% vs. New York Fed Nowcast +1.2% / Economics / US Economy

By: Mike_Shedlock

Following today's retail sales alleged blowout, to which treasury yields actually declined, comes a big GDP upgrade by the Atlanta Fed GDPNow Model vs. a smaller jump by the New York Fed Nowcast Model.

The difference between the forecasts is now a whopping 1.6 percentage points.

Friday, May 13, 2016

Gold Miners’ Q1’16 Fundamentals / Commodities / Gold and Silver Stocks 2016

By: Zeal_LLC

The gold miners’ stocks have skyrocketed this year as investors started returning to this long-abandoned sector.  Many have doubled since January, with plenty tripling or even quadrupling.  Naturally such fast gains raise concerns about whether they are actually fundamentally justified or merely the product of fleeting sentiment that could reverse.  Gold miners’ latest quarterly results offer great fundamental insights.

Companies trading on the US stock markets are required by the Securities and Exchange Commission to file quarterly earnings reports four times a year.  For normal quarters that don’t end fiscal years, these 10-Q reports are due 45 calendar days after quarter-ends.  They are a great boon to financial-market transparency and investors seeking to understand companies, yielding a treasure trove of information.

Friday, May 13, 2016

Financial Institutions Which are Too Big to Fail But Too Big to Jail / Companies / Banksters

By: Gordon_T_Long

You Have Financial Institutions Which are Too Big to Fail But Too Big to Jail, and Frankly, Too Big to Regulate and Too Big to Manage!

Friday, May 13, 2016

J.C. Penney Still On Bankruptcy Path / Companies / Retail Sector

By: James_Quinn

I find J.C. Penney to be a sick joke. The executives of this company think they can put out positive press releases and have their financial statements not properly show in the earnings press release to cover up the fact their financial results are deteriorating – not improving. CNBC will dutifully report the corporate lies. Checkout the press release where, for some reason, the financial results don’t format. Must be a glitch. Right?

Friday, May 13, 2016

Gold, Silver and the Stock Market / Commodities / Gold and Silver 2016

By: Gary_Tanashian

I could write a long, detailed post trying to encompass global stock markets (generally bearish), commodities (bounce very mature) and bonds (mixed views, depending upon the flavor) but that is what I get paid to do each weekend in NFTRH reports and in private posts at the site.  The beauty of public posts is that I can write as much or as little as I feel like writing.  Today I feel like writing a little about gold (and silver) and the stock market.  I also feel like using daily charts because I think time frames are pinching in for upcoming pivotal moves.

Friday, May 13, 2016

Stock Market Challenging the 50-day Moving Average / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

The SPX Premarket shows it challenging the 50-day Moving Average. How the market opens will tell us whether that support is broken. The odds of a break of the Cycle bottom and Head & shoulders neckline would be high once the 50-day is behind us.

ZeroHedge reports, “Global stocks have started Friday the 13th on the wrong foot, with not only Hong Kong GDP unexpectedly tumbling by 0.4%, the worst print in years while retail sales fell for a thirteenth straight month in March, the longest stretch since 1999 as the Chinese hard landing spreads to the wealthy enclave, but also following a predicted collapse in Chinese new loan creation, which will reverberate not only in China but around the globe in the coming weeks. The latest overnight drop in the Yuan hinted that should the recent USD strength continue, China will have no choice but to repeat its devaluation from last summer and winter.“

Friday, May 13, 2016

Gold Lease Rates and Gold Prices / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

Are gold lease rates (GLR) really one of the major drivers of the price of gold, as is often cited? A lease rate is the market price for borrowing or lending the particular asset. Obviously, the gold lease rate is the cost of borrowing gold. In much the same way that individuals borrow dollars, pay interest, and then return dollars to the lender, gold bullion participants borrow gold, pay a borrowing cost, and return the gold to the lender. So much for the Buffet's claim that gold has no yield. Surely, gold stored in a vault does not yield, but when it is lent, it accrues interest. No matter how counterintuitive it may sound, some gold owners (the lending and borrowing of gold is generally reserved for the entities operating in the wholesale market, such as bullion bankers, mining companies, jewelry producers, etc.) do earn interest on gold. This proves that gold is more like currency rather than other commodities, because just like any currency, it can be lent and earn interest. Such lending transactions in the gold market are often referred to as lease transactions and interest rate applied to such lending is called gold lease rate (GLR).

Friday, May 13, 2016

Gold Stocks Correction or Final Push Higher? / Commodities / Gold and Silver Stocks 2016

By: Jordan_Roy_Byrne

Despite maintaining an overbought condition and despite the recent bearish posture of many sector pundits, the gold stocks have yet to correct more than 11%. Since the end of January the gold stocks have held above their 50-day moving averages, which is often support during a strong trend. If the gold stocks break their lows of the past two weeks then it should usher in a 20% correction and correct the current overbought condition. However, if gold stocks do not break initial support they could begin a melt-up that would lead to a more serious correction in the summer.

Friday, May 13, 2016

Mark Carney Warns of 'Technical Recession' if British People Vote for BREXIT Freedom / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

Britain's very own Tyrion Lanister, The Master of Coin, Mark Carney, Governor of the Bank of England stepped forth with his quarterly UK inflation report (economic propaganda) that warned of the dire consequences for the British economy (banking sector) should Britain's wage slaves vote for freedom on June 23rd. Instead the people of Britain are dutifully expected vote to remain in an EU that is trundling along a path towards becoming Greater Germany as the German Economic Empire has already consumed much of the Euro-zone, turning proud nations such as Italy and Spain into beggar states and worse for the likes of Greece. But now eyes it's ultimate nemesis, Britain, which through being out numbered 27 to 1 will be beaten into submission treaty by treaty when all that will be left will be the museum called Westminister, so as to remember how things were in done in the good old days when Britain had a parliamentary democracy instead of direct bureaucratic rule from Brussels, in large part instructed by the German high command.

Friday, May 13, 2016

UK Immigration Crisis - Official Statistics Underreport Real EU Migration by 50%! / Politics / Immigration

By: Nadeem_Walayat

The mainstream press is belatedly waking up to the fact that the UK governments official migration statistics compiled by the ONS under report real permanent immigration from the EU by at least 50% per year! For instance ONS EU immigration stats since 2011 was a net 1 million european union migrants permanently settled in the UK. However during this same time period 2.2 million National Insurance numbers were issued to european migrants. I have been flagging this huge persistent disparity in numbers for several years now that illustrates that the official immigration statistics just cannot be trusted!