Monday, May 02, 2016

USD, Yen and an ‘Inflation Trade’ Update / Currencies / US Dollar

By: Gary_Tanashian

The Fed has been trying to promote inflation. That is not the guy with the tin foil hat speaking, it is direct from FOMC statements targeting a higher inflation level, which is another way of saying they are targeting a lower US dollar level. From this we leaned toward that which would benefit from a declining USD. Precious metals (led by silver) are a prime beneficiary, with oil and some commodities remaining firm despite pressure on stock markets as corporate performance and economic signals continue to fade.

Monday, May 02, 2016

Did The Big Silver And Gold Market Event Arrive? / Commodities / Gold and Silver 2016

By: Hubert_Moolman

In a previous article (September 2015), I presented the following analysis (in italics) to show how we are close to a point were a significant event could happen in the bond market and/or gold & silver markets:

Above, is a chart (from macrotrends.com) that shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918. That is the gold price in US dollars divided by the St. Louis Adjusted Monetary Base in billions of US dollars. So, for example, currently the ratio is at 0.28 [$1 125 (current gold price)/ $4 019 (which represents 4 019 billions of US dollars)].

Monday, May 02, 2016

U.S. Military Drafting Women Means Equality in Slavery / Politics / US Military

By: Dr_Ron_Paul

Last week the House Armed Services Committee approved an amendment to the National Defense Authorization Act requiring women to register with Selective Service. This means that if Congress ever brings back the draft, women will be forcibly sent to war.

The amendment is a response to the Pentagon's decision to allow women to serve in combat. Supporters of drafting women point out that the ban on women in combat was the reason the Supreme Court upheld a male-only draft. Therefore, they argue, it is only logical to now force women to register for Selective Service. Besides, supporters of extending the draft point out, not all draftees are sent into combat.

Sunday, May 01, 2016

Gold Commitments of Traders and More / Commodities / Gold and Silver 2016

By: Dan_Norcini

Gold is showing some very good strength at this time, as the weaker dollar, combined with negative interest rates, and in some instances, NEGATIVE REAL RATES, has made the opportunity cost in holding the metal practically non-existent. Throw in the continued uncertainty over global equity market valuations, and gold demand continues to remain strong. As noted previously however,the recent lackluster interest in GLD is on my radar screen however.

Sunday, May 01, 2016

The Magic of Gold Ratio Charts / Commodities / Gold and Silver 2016

By: Rambus_Chartology

The first point I would like to make is that many of you are probably wondering how I could reverse my long term bearish view on the precious metals complex to a bullish view in such a short period of time. The other point I've been trying to make is to get you positioned and sit tight, as this new bull market is just getting started. Understanding the Chartology of this sector from the many different precious metals stock indexes, to individual PM stocks and especially the combo ratio charts, paints a picture that if one keeps an open mind and truly understands what is taking place right now, getting positioned and sitting tight makes alot of sense. This is easier said than done of course.

Sunday, May 01, 2016

Gold Stocks XAU Reversion to the Mean / Commodities / Gold and Silver Stocks 2016

By: Gary_Savage

Regression to the mean. There is one universal law in this business and it never never gets broken. Price always regresses to the mean. This one is like death and taxes. It is never violated. And the further price stretches in one direction the harder it moves back once the trend comes to an end.

Sunday, May 01, 2016

Walkers Crisps Spell & Go Win 20,000 Holidays - Getting Started, How to Play / Personal_Finance / Freebies and Comps

By: Anika_Walayat

Walkers Crisps have just started a new promotion called Spell & Go where you can win one of 20,000 4 star holidays for 4 people worth either £4000 or £1500 each! So in this video I explain how to get started in this new Walkers / Pepsico promotion that sounds really amazing, 20,000 holidays up for grabs! ???

Saturday, April 30, 2016

Consensus Forming: China Heading Back Into Financial Crisis / Stock-Markets / Financial Crisis 2016

By: John_Rubino

China’s historic post-2009 debt binge flew largely under the radar — fooling most observers into thinking the global economy was recovering rather than just re-leveraging.

Now Beijing is back at it, borrowing over $1 trillion in this year’s first quarter, buying up commodities and creating the illusion of global growth. But this time the scam hasn’t gone unnoticed. Reporters, editors and money managers seem, at last, to be catching on. Some representative headlines:

Saturday, April 30, 2016

The Next Technical Price Targets for Gold & Silver / Commodities / Gold and Silver 2016

By: Chris_Vermeulen

I have pointed out earlier, gold is forming a possible short-term top. It is on the verge of completing a bearish ‘Head and Shoulder’ pattern. The pattern is confirmed if gold closes below $1220/oz. The downside pattern target for this setup is $1138/oz.

If gold starts to rally and breaks out to the upside, then we should see the $1396 level be reached based on technical analysis.

Saturday, April 30, 2016

How Much Longer Until Stock Market Bubble Bursts? / Stock-Markets / Liquidity Bubble

By: Graham_Summers

It’s been a rough week for stocks.

Traders gunned for 2,100 on the S&P 500 time and again. All of those efforts failed to hold. And this was despite the Fed failing to raise rates again.

The market is now rolling over and likely to test the downward trendline established by a series of lower highs in 2015. Currently this level is around 2,030 or so.

Saturday, April 30, 2016

Stock Market Downtrend Should be Underway / Stock-Markets / Stock Markets 2016

By: Tony_Caldaro

The market started the week at SPX 2092. On Monday the market pulled back to SPX 2072, rallied to 2097 on Tuesday, pulled back to 2082 ahead of the FOMC statement, then rallied to 2100 after it was released. On Thursday the market pulled back to SPX 2086, rallied to 2099, declined to 2052 on Friday and ended the week at 2065. For the week the SPX/DOW lost 1.25%, and the NDX/NAZ lost 2.80%. Economic reports for the week were generally positive. On the downtick: new home sales, consumer confidence/sentiment, the Chicago PMI and Q1 GDP was lower. On the uptick: durable goods, Case-Shiller, pending home sales, the PCE, personal income/spending, and the WLEI. Next week’s reports will be highlighted by the monthly Payrolls report and the ISMs.

Saturday, April 30, 2016

Lucifer! Former Speaker Boehner Blasts Cruz / ElectionOracle / US Presidential Election 2016

By: Stephen_Lendman

John Boehner minced no words, calling Cruz “Lucifer in the flesh,” adding “I have never worked with a more miserable son-of-a-***** in my life.”

Trump sounds almost mild, calling him “lying Ted…a hypocrite…a nasty guy. Nobody likes him. Nobody in Congress likes him. Nobody likes him anywhere once they get to know him.”

Saturday, April 30, 2016

Gold And Silver – A Clarion Alarm Call For All Paper Assets / Commodities / Gold and Silver 2016

By: Michael_Noonan

Perhaps the most successful Ponzi scheme of all has been the Rothschild-led takeover and sapping of the entire United States since the American Civil War that started in 1861.  The final stages were set with the not-so-lawfully-passed but fully implemented Federal Reserve Act on 23 December 1913.  The fact that it purportedly passed two days before Christmas, when the custom was for no legislation to be enacted, while most politicians were en route or already home for the holidays, and the main opponents for this specific Act were indeed absent when the vote was made before a select skeleton group that stayed in Washington to ensure “passage” of the Act, this was all a huge red flag that was kept hidden from the public.

Saturday, April 30, 2016

Stock Market Hits Headwinds On Earnings, Economic Data And Technical's.... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

The market has had a nice run in to the worst possible economic reports, and mostly poor earnings reports. We know why. It's called low rates. Even though we're seeing a slowing down in our own back yard, with a 0.5% reading on GDP, the market has been reluctant to fall. Very frustrating if you're a bear since you seem to be getting exactly what you need, but you haven't been seeing the market fall. Until this week. Finally, some real selling with the Nasdaq down roughly 3%. The S&P 500 down as well, but not as hard, and I'll discuss why that's the case shortly. There are numerous reasons for the fall. We did hit 70 RSI on most of the daily index charts recently, but, more importantly, we also have been showing negative divergences on those same daily index charts, and that can be a lethal combination for the market short- to medium-term.

Saturday, April 30, 2016

US Economic Statistics LIES, LIES AND OMG, MORE LIES / Economics / Economic Statistics

By: James_Quinn

It’s that time of year again. It’s open enrollment for health plans at my employer. They are biggest employer in Philly and have the most leverage possible with the insurance companies. They have such good leverage that my premiums are going up “only” 9.8% this year for a basic HMO plan. Based on what I hear from others, I should be thankful for just a 9.8% increase.

This isn’t a new development. Since I’ve been tracking all my expenditures using Quicken since 1991, I know exactly what my annual health insurance costs have been every year. Obamacare was passed in 2009 and began to be implemented in 2010. Obama declared that families could expect $2,500 of savings per year. I know for a fact my annual medical expenses were $2,000 higher in 2015 than they were in 2010.

Friday, April 29, 2016

Gold Stocks: Extended but More Upside Potential / Commodities / Gold and Silver Stocks 2016

By: Jordan_Roy_Byrne

What a move in the gold stocks! The sector has refused to correct for more than a few days at a time. All weakness has been bought as a wall of worry has been built and the sector emerges from a historic low that could be on par with the 1942 low in the stock market. I thought the Federal Reserve statement or reaction to it (along with the market’s overbought condition) might cause the sector to correct this week. Instead, GDX and GDXJ powered higher and have gained roughly 13% for the week.

Friday, April 29, 2016

Did Shanghai Just Blow a Hole in the Old Gold Market? / Commodities / Gold and Silver 2016

By: Michael_J_Kosares

I did not want the day to pass without posting a few words on gold’s significant push to the upside, now trading just shy of the $1300 mark. To be sure, the dual positions with respect to rates on the part of the Bank of Japan (to stand pat) and the Federal Reserve (to remain ultra-dovish) played a role in the dollar’s recent weakness and gold’s strength. Those determinants though, in my view, are only part of the story, and the few percentage point drop in the dollar against the yen over the past week is really not enough to justify a nearly $60 rise in the price of gold over the past five trading sessions.  The bigger determinant has been China’s underpinning of the gold price on two different occasions over the past week after it had taken a major turn to the downside in New York trading.

Friday, April 29, 2016

Stock Market Strong Elliott Wave Relationship is Developing / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

So far, sub-Minute Wave (iii) is more than 3.38 times the size of sub-Minute Wave (i). This suggests a strong Fibonacci relationship in this decline. This is the Wave relationship we are looking for in this decline. I am still looking for Minute Wave [i] to reach the 50-day Moving Average, or possibly exceed it.

At this rate, Minute Wave [i] may be complete today with a bounce on Monday morning. But things may also speed up at any time.

Friday, April 29, 2016

Fed's Kaplan: Brexit to Factor in US June Interest Rate Decision / Interest-Rates / US Interest Rates

By: Bloomberg

Federal Reserve Bank of Dallas President Robert Kaplan spoke with Bloomberg Television's Betty Liu, Mark Barton, and Michael McKee today. He discussed his expectations for a consumer rebound, his support of a rate hike if GDP and jobs data come together, and how the U.K. Brexit debate will factor into the Fed's next interest rate decision.

On how much Brexit will influence the Fed, Kaplan said: "It'll be a factor...Our meeting is the 15th and 8 days later is the vote. I'm going to have to make an assessment on June 15 what the likelihood is, and right now, it's a little bit unclear -- or it's unclear. Forget a little bit, it's unclear. And if it's still unclear on June 15, that's going to be a factor."

Friday, April 29, 2016

Silver Miners Strong in Grim Q4 / Commodities / Gold and Silver Stocks 2016

By: Zeal_LLC

The silver miners showed impressive fundamental strength during 2015’s grim fourth quarter.  That was the worst silver suffered in many years, a perfect-storm trough with major secular lows fueling extreme bearish sentiment.  Traders feared this entire industry faced an existential threat, so they fled in terror from silver stocks.  But silver miners’ strong operational performances aced that severe trial with flying colors.

Q4’15 may seem like ancient history now, but it was exceedingly important for the entire precious-metals realm.  Gold slumped to a miserable 6.1-year secular low in mid-December, on the day after the Fed hiked rates for the first time in 9.5 years.  That was wildly irrational based on market history, which has proven gold thrives during Fed-rate-hike cycles with big average gains.  Gold hadn’t seen lower prices since Q4’09.