Friday, November 06, 2015
Bill Gross: '100% Chance' Fed will Raise U.S. Interest Rates in December / Interest-Rates / US Interest Rates
Bill Gross of Janus Capital spoke with Bloomberg's Tom Keene and Michael McKee on Bloomberg Radio and Television this morning to respond to today's jobs report.
Gross said there is a "100 percent chance" the Fed will raise interest rates in December after jobs surged. "They're ready to go." He said: "100 percent that they go in December and then try and tamp it down with mild, gradual language that will keep the dollar from strengthening even further."
On dollar strength, Gross said: "I think the Fed fears it...They took it out of their statement last month. But prior to that, they were cognizant of the fact that a very strong dollar has negative implications for emerging markets... It's certainly a negative for the global financial system because there are many bets and much dollar denominated debt in terms of emerging market corporations and sovereigns will be impacted by this."
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Friday, November 06, 2015
Doug Casey on the Nanny State’s Interference in Our Lives / Politics / Social Issues
By Doug Casey
(Interviewed by Louis James, Editor, International Speculator)
Editor’s Note: In yesterday’s Weekend Edition, Casey Research founder Doug Casey explained why you should be skeptical of government “science.”
In today’s edition, Doug says the nanny state is tightening its grip on people’s lives…
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Friday, November 06, 2015
Oil Megaprojects Won't Stay On The Shelf For Long / Commodities / Crude Oil
One casualty of the oil price downturn could be the megaproject.For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. Extracting oil from these frontier areas required more advanced technology and a lot more capital: Ultra deepwater, Arctic offshore, heavy oil sands, and increasingly, the Lower Tertiary.
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Friday, November 06, 2015
Worlds Largest Debtor Ever Raises U.S. ‘Debt Ceiling’…Again / Interest-Rates / US Debt
The US government has once again agreed to increase it’s so-called debt “ceiling” – this time from $18.5 trillion to $20 trillion. The so-called debt ceiling is recognized industry-wide as a complete misnomer.
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Friday, November 06, 2015
The Israelites Connections of the Brahmanic Hinduism and the Ideological Crisis of the BJP and RSS in the Indian Politics / Politics / Religion
Had Adolf Hitler been alive, he would have been shocked to know the Jewish or the Israelite connections of the Aryan ideology and Brahmanic Hinduism of India, now propagated and practiced by the RSS and the BJP Government in India. They include cow worshipping, the ban on cow slaughtering and killing beef eaters and those who oppose the RSS ideology besides, reintroduction of the Vedic Practices and projecting the epic heroes as the symbol of the Indian nationalism.Read full article... Read full article...
Friday, November 06, 2015
Stocks Bull Market Printing Press / Stock-Markets / Stock Markets 2015
Amazing what can be created with a printing press. They will need to turn the presses back on if they want it to continue higher. I do think they want it higher, and I do think they have turned the presses back on.
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Friday, November 06, 2015
Silver Prices and Options Expiration / Commodities / Gold and Silver 2015
Notes on what we covered…
- Review of the where we are in the series
- What are options?
- Life options versus financial options
- Options and derivatives
- Who writes the majority of options?
- Options Leverage
- OTC options
- Incentive for expiring out of the money and their influence on price.
- The set up for silver price volatility around options expiration
- Commercial shorts versus managed money traders.
- Being prepared for options expiration, and what you can do.
Friday, November 06, 2015
Volkswagen and China: A Perfect Fit / Politics / China
If Angela Merkel wants to get rid of one of her major headaches, we suggest she should tell Volkswagen to move its operations from Wolfsburg to China. It may seem a strange thing to do at first blush, with 750,000 German jobs on the line, but bear with us here, because this could well be the only way to preserve at least some value for VW’s stock- and bondholders.
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Friday, November 06, 2015
Obamacare - The Gift That Keeps On Taking / Politics / US Politics
Isn't it interesting the mainstream media makes barely a peep about the ongoing and worsening Obamacare debacle. Healthcare premiums, co-pays and deductibles are soaring, while doctor and plan choices contract to a minuscule level. Recent surveys reveal the hardship being inflicted upon families across the nation. Those who are willfully baffled by the lack of consumer spending need look no further than Obamacare and its impact on the budgets of hard working Americans.
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Friday, November 06, 2015
Stock Market 6-7% Pull Back Likely, Gold Still Going Down / Stock-Markets / Stock Markets 2015
The stock market's recent advance has been nothing less than spectacular. Caveat emptor: the rally was mainly in the large cap stocks. The FED's determination to raise interest rates in December is predicated on the upcoming economic data. One of the most important releases comes out on November 6th, the jobs report.
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Friday, November 06, 2015
Asian-Pacific Markets Big Picture / Stock-Markets / Asian Economies
Analyst Spotlight: Mark Galasiewski
Learn a bit about EWI's big-picture from our Asian-Pacific markets expert
Mark Galasiewski is the editor of our monthly Asian-Pacific Financial Forecast. Mark's a big-picture guy -- he loves analyzing the longer-term chart patterns, because they have the most significance to human social history.
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Friday, November 06, 2015
Stock Market Dow Set to Defy Naysayers and Trend Higher / Stock-Markets / Stock Markets 2015
Being ignorant is not so much a shame as being unwilling to learn. - Benjamin Franklin
Fear sells, and like misery it demands company. The so-called crash in August triggered dozens of hibernating bears to emerge from the woodwork. Rested from the last severe beating they took, they are ready for another healthy dose of pain. In their quest to push the fear factor a notch higher, celebrity perma-bears such as David Tice are brought out confirm that all is not well. If the markets were destined to sink into the gutter, David Tice would not have sold his Prudent Bear fund at the peak of the 2008-2009 financial crisis.
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Thursday, November 05, 2015
Crude Oil Price More Weakness In Sight / Commodities / Crude Oil
Crude oil has turned up in September when price broke out of a triangle placed in wave (b) so wave (c) was final with wave 4 pullback that reached 50.50 resistance from where sell-off occurred in October. As such, we suspect that WTI made a new swing now that will send price down into wave 5 back to 37.70. Broken corrective channel also suggests more weakness ahead,but after wave (ii) is complete.
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Thursday, November 05, 2015
The Discipline of Silver / Commodities / Gold and Silver 2015
Consider these round number costs in digital (dishonest) dollars:
1,000 ounce Silver Bar $17,000
or Hillary Clinton speech $300,000
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Thursday, November 05, 2015
Earnings - Pulling Out All the Stops / Personal_Finance / Wages
By Jared Dillian
When I was a teenager, I had a different sort of part-time job. I was a church organist.
Actually, it was the best job ever because I was something of a piano prodigy as a child. Around age 12, my parents and I had to make a conscious decision about whether I was going to pursue a career in music. I decided not to, which has greatly reduced the amount of Ramen noodles I have eaten over the years.
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Thursday, November 05, 2015
5 Killer Methods for Financing Your Online Business / Personal_Finance / SME
You’ve reached the tipping point. A product idea has transformed from prototype to sellable item, and you’ve sat down with a business partner to discuss your strategy for marketing, selling and producing the products in order to start making money.
The big question is: How are you going to get the startup capital to purchase that first batch? How about paying for the eCommerce website or at least founding your payment gateway?
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Thursday, November 05, 2015
The Bank of England Keeps Interest Rates at 321-Year Lows / Interest-Rates / UK Interest Rates
We hear constantly from the U.K. government and mainstream publications like the Financial Times that the economy of Great Britain is recovering strongly and that the labour market is robust so it is probably surprising for many people that in spite of the strong growth in the U.K. economy that the Bank of England has kept its base rate at 0.5%. This almost zero interest rate has been kept since March 5th, 2009 when the MPC or Monetary Policy Committee cut the base rate from 1% to 0.5% and at the time it was understandable as the U.K. financial system was on the brink of a total meltdown and the U.K. government had to write a cheque and issue loan guarantees for £500 billion to bail out the big banks.
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Thursday, November 05, 2015
Bitcoin Price Surges 55% In Month – Chinese Moving Capital Into Bitcoin and Gold / Currencies / Bitcoin
Bitcoin has been surging in value since mid October and gained more than 20% yesterday alone. At one point, it hit a yearly high of more than $491 (see chart).
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Thursday, November 05, 2015
Gold Showing Signs of Final Degree Bloodbath Phase / Commodities / Gold and Silver 2015
While everyone is getting more and more bearish gold is showing all the signs of being in a final intermediate degree bloodbath phase. Notice the similar 5-7 day capitulation to the last 4 ICL's. Notice the extreme oversold oscillators indicative of a major intermediate degree bottom approaching.
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Thursday, November 05, 2015
The Stocks Bear Indicator Never Lies / Stock-Markets / Stock Markets 2015
In the September 10 column entitled, "The bear makes a welcome return", we discussed the return of the infamous bear image on the front cover of several news magazines and newspapers. The most conspicuous example of the bear could be seen on the front cover of Businessweek magazine, shown below.
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