Friday, April 29, 2016
Sri Lanka is Intriguing: Areas to Consider for Value Investing / Economics / Asian Economies
The stock market discount and comparatively stronger trends of growth present in frontier Asia is intriguing, and a buy frontier, sell emerging approach is one of the most clear cut ways to prosper when investing in Asia. These trends, coupled with noteworthy political improvements, can be combined to create a strong value investing case. Sri Lanka is a strong frontier market in Asia that meets all of these requirements, yet is being relegated by many foreign investors. Sri Lanka has been benefiting from the end of the country’s 26 year civil war that ended in 2009, which has resulted in an improved political landscape. This improvement has been coupled with Sri Lanka’s new government, which was elected in January 2015.
Read full article... Read full article...
Friday, April 29, 2016
Gold “Chart of The Decade” – Maths Suggest $10,000 Per Ounce Says Rickards / Commodities / Gold and Silver 2016
James Rickards, economic and monetary expert, joined Bloomberg’s Francine Lacqua on Tuesday to discuss the gold “chart of the decade”, his new book “The New Case for Gold,” why gold is money and why gold is going to $10,000/oz in the coming years.
Read full article... Read full article...
Friday, April 29, 2016
Ugly Day for Wall Street / Stock-Markets / Stock Markets 2016
The stock market indices had a very rough day today. The day started out with a nice rally in the morning, they rolled over just after the lunch hour, and got hammered hard into the close, finishing as one of the worst days of the year.
Net on the day, the Dow was down 210.79 at 17,830.76, more than 200 points off the high. The S&P 500 was 19.34 at 2075.81, 24 points off its high. The Nasdaq 100 was down 52.64 at 4363.99, 93 points off the high.
Read full article... Read full article...
Friday, April 29, 2016
Are We or Are We Not in a New Gold Bull Market? / Commodities / Gold and Silver 2016
Technical analyst Jack Chan has examined the charts and says that if we are in a new bull market, prices in both gold and gold equities should begin to pull back and consolidate soon.
Read full article... Read full article...
Thursday, April 28, 2016
Cruz-Fiorina Alliance Shows Desperation / ElectionOracle / US Presidential Election 2016
A days earlier announced Cruz-Kasich alliance to stay out of each other’s way in upcoming primaries as a way of challenging Trump faltered straightaway - Kasich urging supporters to stick with him.
Trump called their gambit “pathetic,” a desperation move. In response to Cruz naming Carly Fiorina his running mate, he posted an earlier TV clip on his Twitter page of her calling Cruz a politician who “says whatever he needs to say to get elected.”
Read full article... Read full article...
Thursday, April 28, 2016
The Sad Truth About the State of the Financial System Today / Stock-Markets / Financial Markets 2016
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. If the below chart was a problem BEFORE 2008… there is no way that things are better now. After all, we’ve just added another $20 trillion in debt to the US system.
Read full article... Read full article...
Thursday, April 28, 2016
Will Stock Market Crash 24% in the Next Three Months? / Stock-Markets / Financial Crash
Will stocks collapse 24% (a Crash) in the next three months?
For the first time since the 2009 bottom, Earnings Per Share (EPS) have diverged sharply to the downside from stocks.
Read full article... Read full article...
Thursday, April 28, 2016
The Next Battleground for Gold Will Be At 1550 If the Cup and Handle Formation Completes / Commodities / Gold and Silver 2016
If and when gold breaks out of this cup and handle formation, which is a matter of probability and not certainty, the next real battleground in a new bull market will be around $1550. One of the more interesting variables will be the manner of any breakout, and the 'time' it takes to reach a minimum measuring objective.
This is quite appropriate as 1550 marks the major support level for the channel in which gold had been moving prior to the recent bear market.
Read full article... Read full article...
Thursday, April 28, 2016
The Central Banking Prisoner’s Dilemma: Fed Freezes, BoJ Stammers, Dollar Drops 2% Overnight / Politics / Central Banks
In today’s communist-style, centrally planned world, when big central bankers meet and make decisions, no matter how small, markets quake and currencies shake. And that’s what just happened.
Bankers at both the Federal Reserve and the Bank of Japan met in the last 12 hours to decide where they would take monetary policy next. But when they sat down to make decisions, they were faced with a classic prisoner’s dilemma: Options were precluded. There was a lot they wanted to do but little they could do.
Read full article... Read full article...
Thursday, April 28, 2016
Silver: The “Five Year Plan” and the Great Leap Forward / Commodities / Gold and Silver 2016
Five years ago paper silver contracts on the COMEX hit a multi-decade high over $48 on April 29, 2011.
At the end of April 2016 the silver price is bouncing around $17, down about 65% from its April 2011 high. The low occurred at about $13.60 in December of last year, when paper silver prices were down about 70% from their April 2011 high.
Read full article... Read full article...
Thursday, April 28, 2016
Michael Hudson: The Wall Street Economy Has Taken Over The Economy and Is Draining It! / Politics / Market Manipulation
FRA Co-founder Gordon T. Long is joined by Professor Michael Hudson in discussing his concept of the FIRE economy and its influence on the production and consumption economy, along with some of his writings.
Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Killing the Host (2015), The Bubble and Beyond (2012), Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971), amongst many others.
Read full article... Read full article...
Thursday, April 28, 2016
Game the Housing Market With a High-value Property / Housing-Market / Home Improvements
Endri Hasanaj writes:
The housing market is unpredictable at the best of times, but there’s always one sure-fire way to create the perfect house – make improvements that are both practical and aesthetically pleasing.
This isn’t as easy as it sounds. Depending on the area you live in, the value of your home will hit a glass ceiling no matter how many improvements you make to it. But if you can find a happy median between potential value increases and the projected cost of additions, you’ll break a profit.
Thursday, April 28, 2016
Stock Market Uncertainty Following Economic Data, Earnings Releases - SP500 Still Close To 2,100 / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Thursday, April 28, 2016
AUD/USD - Trend Reversal or Just a Bigger Pullback? / Currencies / Forex Trading
Earlier today, the Australian Bureau of Statistics showed that the consumer price index dropped by 0.2% in the first quarter, missing analysts' forecast. Additionally, consumer prices (year-on-year) rose by 1.3% in the first three months of the year also disappointing expectations. Thanks to these numbers, the Australian dollar declined sharply against the greenback, which pushed AUD/USD under previously-broken important line. Is it enough to trigger further deterioration in the coming days?
Read full article... Read full article...
Thursday, April 28, 2016
A Gold Revaluation Could Transform Your Financial Status - Overnight / Commodities / Gold and Silver 2016
David Smith writes: As we move through 2016, the Horsemen of the geopolitical, economic, and social apocalypse are on the march.
China burns through its currency reserves as billions in yuan flee the mainland for safe harbor. Japan prints mountains of yen debt in an effort to create inflation - and thereby the conscious devaluation of its citizens' purchasing power.
Saudi Arabia's gamble of cutting oil prices to the bone in an effort to break the back of the shale oil industry is becoming so costly that it may have to sell a portion of mighty Aramco to outside investors, while keeping secret the amount of its U.S. debt.
Read full article... Read full article...
Thursday, April 28, 2016
Stock Market Mixed, Very Interesting, Volatile FOMC Day / Stock-Markets / Stock Markets 2016
The stock market indices had a mixed session and a very interesting volatile day. The day started out with a gap lower on Apple Inc. (AAPL) earnings, went down very sharply on the Nasdaq 100, dropping from 4450 down to 4380, about 70 points from top to bottom, they rallied back to 4409, pulled back to retest the low, made higher lows, went back to the highs again, but couldn’t get back through the 4410 range, and back off. Post FOMC they spurted up toward a retest. A pullback did about a .618 Fibonacci retracement, and they ran right back up to the gap, only to pullback right at the close. The S&P 500 actually pulled through the 4-day resistance highs, and made a nominal new high near 2100 today before falling back to 2095.
Read full article... Read full article...
Thursday, April 28, 2016
Fed Doesn't Budge On US Interest Rates..... / Stock-Markets / Stock Markets 2016
The long awaited move towards higher rates still isn't happening any time soon as we heard from our fearless leader, Ms. Yellen, who said that rates will be data dependent. We've heard that line month after month, and what it really means is she's not going to be raising rates any time soon. She doesn't want to spoil the good tidings she has created with her actions over the past several years, which started with fed Bernanke. Keep the ship moving along by keeping rates low enough not to offer any alternatives for folks. So today there were folks out there who thought she would change to a more hawkish stance regarding rates, but they were once again let down by her ruling of "forget about it, it's not happening any time soon" speech. You get the feeling she wants to do it, but you know her hands are tied.
Read full article... Read full article...
Thursday, April 28, 2016
Monetary Policies Misunderstood / Interest-Rates / Money Supply
Ever since the U.S. Federal Reserve (Fed) began to consider raising the federal funds rate, which it eventually did in December 2015, a cottage industry has grown up around taper talk. Will the Fed raise rates, or won’t it? Each time a consensus congeals around the answer to that question, all the world’s markets either soar or dive.This obsession with taper talk – the interest rate story – is simple, but strange. Indeed, it is misguided – wrongheaded. So, why the obsession? It is, in part, the result of a Keynesian hangover. The Keynesians focus on interest rates. The mainstream macro model that is widely in use today is referred to as a “New Keynesian” model. The thrust of monetary policy in this model is entirely captured by changes in current and expected interest rates (the price of money). Money is nowhere to be found, however.
Read full article... Read full article...
Thursday, April 28, 2016
Gold Bullion vs Gold Miners / Commodities / Gold and Silver Stocks 2016
For thousands of years, gold has been used as money, a store of wealth, fought over and sought after. Over the last 45 years, Western populations have had a mixed impression of gold. A minority of the population understands that gold is a monetary asset that should be held as wealth insurance. A larger percentage of the population is confused about gold because of mainstream sources of information. Many people consider gold a risky investment when in fact gold bullion is not an investment at all, but rather money itself. Just like any fiat currency held in a vault, gold does not pay interest or dividends. Investors often look upon gold mining companies in the same light as physical gold bullion. Gold mining shares are investments, and can be good tactical investments from time to time. However, the characteristics of gold bullion and gold miners are very different. In some ways, those differences are similar to the difference between an insurance policy and shares of an insurance company.
Read full article... Read full article...
Thursday, April 28, 2016
OECD Suggests BrExit Would Cut Net Migration by 1.2 Million by 2030 / ElectionOracle / EU_Referendum
The mostly funded by EU member states OECD's Pro-Remain report appears to have badly backfired is its analysis concludes that if the people of Britain voted for BrExit then that would result in 1.2 million FEWER migrants into Britain as average net migration into Britain would fall by 84k per annum and also slow house price inflation. So apparently according to a blundering OECD the people of Britain should vote to REMAIN so that Britain can be flooded by 1.2 million EXTRA migrants (+4.6 million total)!
Read full article... Read full article...