Saturday, October 24, 2015

GDXJ, GDX Gold Miners Holding Gains in Bullish Fashion / Commodities / Gold and Silver Stocks 2015

By: Jordan_Roy_Byrne

We published a video update a few days ago discussing the short-term outlook for the precious metals sector which includes the gold miners. With regards to the miners, we took the view that they could digest recent gains and hold support or break lower and trade close to the support near summer lows. After this week and today especially, one scenario is more likely.

Saturday, October 24, 2015

Stock Market Big Follow Through day.... / Stock-Markets / Stock Markets 2015

By: Jack_Steiman

The market had a big follow-through day today after yesterday's nice up-day. There are two factors that made this happen. First of all, we had great earnings after hours yesterday from Microsoft Corporation (MSFT), AT&T, Inc. (T), Amazon.com Inc. (AMZN) and Google Inc. (GOOG). The futures exploded on those reports. Then last night we had the Euro-Zone money-man, Mr. Draghi, promise more easy money or another round of QE for everyone. The party hats were taken out.

Saturday, October 24, 2015

GBP/JPY Setting Up For Potential Failure / Currencies / British Pound

By: Richard_Cox

For the most part, financial markets have stabilized this year as volatility has slowed and overall risk aversion has been largely absent.  These types of trends can have a significant impact on sentiment and the ways that specific asset types are traded, so it is critical for market traders to have a sense of where we stand in terms of generalized uncertainty.   This is especially true for forex traders, as there tends to be higher levels of short-term positioning seen in those markets.

Saturday, October 24, 2015

Currency Devaluation's Dangerous Role in Deflation / Currencies / Deflation

By: EWI

The following article on currency devaluation's role in deflation is from Elliott Wave International, the world's largest financial forecasting firm. EWI has just released a new report, Deflation and the Devaluation Derby, to help investors prepare now for the deflationary threat they see around the corner. Click here to read the new report >>

China's economy is slowing. Its stock market began to crash back in July. And the volatility rocking financial markets has been widely linked to the recent yuan devaluations by China's central bank.

Saturday, October 24, 2015

Stock Market SPX Double Top / Stock-Markets / Stock Markets 2015

By: Anthony_Cherniawski

SPX made a higher high at 2:50 pm at 2079.74,, just two points higher than this morning’s high. The only discernible entry (aggressive) likely today would be a cross of the Cycle Top at 2068.92.

Unfortunately, this means that a very fast and severe decline may be likely once SPX crosses 2040.00, triggering its Orthodox Broadening Top for a potential target near 1600.00. Today appears to be point 7 in the formation and point 8 is the crash low. Should you chance it today or not, is up to you.

Friday, October 23, 2015

Another Government Ponzi Scheme Starts to Crack - Do You Depend on It? / Politics / Government Spending

By: Casey_Research

By Nick Giambruno

Government employees get to do a lot of things that would land an ordinary citizen in prison.

For example, it’s legal for them to threaten and commit offensive, rather than defensive, violence. They can take property from others without their consent. They spy on anyone’s email and bank accounts whenever they please. They go into trillions of dollars in debt and then stick the unborn with the bill. They counterfeit the currency. They lie with misleading statistics and use accounting wizardry no business could get away. And this just scratches the surface…

Friday, October 23, 2015

Pictures for the Pope Francis and Progressives / Politics / Social Issues

By: Steve_H_Hanke

               In September, Pope Francis visited the United States, where he addressed the U.S. Congress. His address, while nuanced, hit on social justice themes. The Pope’s remarks were well received by left-of-center politicians who embrace progressive policies.
When the Pope left the U.S., he traveled to Latin America, where he spoke in his native Spanish and was more direct. While in Bolivia, Pope Francis had this to say: "Let us not be afraid to say it: we want change, real change, structural change," the Pope said, decrying a system that "has imposed the mentality of profit at any price, with no concern for social exclusion or the destruction of nature."

Friday, October 23, 2015

Retirees: I Did Not Buy IBM to Sell, It’s About The Dividend Income Stupid / Companies / Dividends

By: Charles_Carnevale

There are many investing strategies and principles that retired investors can utilize to reduce the risk associated with investing in equities (stocks) for their retirement portfolios.  Choosing to invest in the highest quality stocks your mind can conceive sits at the top of the list.  There are many components that investors can analyze and examine to determine whether a company is high quality or not.

The primary determinant of high quality is superior financial strength.  Financially strong companies possess the staying power and resources to weather the occasional bad storms that will inevitably occur.  Every business will on occasion face challenges and difficulties.  Meeting those challenges requires a strong balance sheet and an adaptive and competent management team to guide the company across troubled waters.

Friday, October 23, 2015

Stock Market SPX 78.6% Retracement / Stock-Markets / Stock Markets 2015

By: Anthony_Cherniawski

SPX appears to have made a 78.6% retracement of its decline from May 20 to August 24. Here are some points of interest. It will have re-entered its trading band at 2063.98 and closed this morning’s gap up beneath 2050.00. These would be considered aggressive short entries. The lower trendline of the small Diagonal formation is at 2030.00 at present.

Friday, October 23, 2015

Silver’s Deep Undervaluation / Commodities / Gold and Silver 2015

By: Zeal_LLC

Silver is finally showing some signs of life after suffering a dark year.  The epically-bearish sentiment that bludgeoned this metal to major secular lows is cracking, with a strong rebound rally now underway.  And this recent buying is likely just the earliest vanguard, as silver remains deeply undervalued relative to its primary driver gold.  Silver will need an utterly massive upleg to fully mean revert to normal levels.

Silver has been out of favor for a long time, the last few years.  And 2015 didn’t give beleaguered silver investors much hope.  By late August, July’s extreme gold-futures shorting attack had dragged silver down to a major 6.0-year secular low.  Down 9.9% year-to-date at that dark nadir, silver was left for dead by traders.  The despair was real, as it certainly felt like silver was doomed to keep grinding lower forever.

Friday, October 23, 2015

ECB Putting Federal Reserve in a Bad Spot / Interest-Rates / ECB Interest Rates

By: EconMatters

ECB Policy Press Conference

Friday, October 23, 2015

Coventry Building Society’s Poppy Fixed Rate Bond 2.35% for 3 Years / Personal_Finance / Savings Accounts

By: MoneyFacts

Coventry Building Society has re-launched its popular Poppy Bond, which pays a fixed yearly rate of 2.35% until 31.12.18 (2.33% gross, 2.36% AER monthly). The account has a minimum opening investment of just £1 but any additions will need to be made within 14 days of the account opening or before closure of the issue, whichever is later. A donation equating to 0.15% of the total invested balance will be paid to The Royal British Legion by the society.

Friday, October 23, 2015

GBP/USD Tests Last Week's High / Currencies / British Pound

By: Nadia_Simmons

Earlier today, official data showed that British retail sales increased by 1.9% in the previous month, beating forecasts for a gain of 0.3%. Additionally, year-on-year, retail sales rose by 6.5% in September, above expectations for a 4.8% gain. On top of that, core retail sales (without automobile sales) jumped 1.7% last month also beating forecasts for a 0.3% increase. Thanks to these bullish numbers GBP/USD rebounded sharply and climbed to the last week's high. Will we see higher values of the exchange rate in the coming days?

Friday, October 23, 2015

Bye, Bye Euro / Currencies / Euro

By: Dan_Norcini

So how does it fell Mr. Euro to get smacked upside the head by your supposed caretaker?

Mario Draghi must be taking lessons from the Bank of Japan because this is one of the best verbal whoopin’s I have seen put on a currency.

Mario yanked the rug out hard; so hard, that the basement is now evident.

Friday, October 23, 2015

Why Stocks are About to Get DEMOLISHED / Stock-Markets / Stock Markets 2015

By: EWI

Dear Investor,

You hear the abstract terms floating around the financial media -- devaluation, disinflation, low inflation, even negative inflation (whatever the heck that is!). Make no mistake about it; these terms refer to but one monetary force: deflation.

Friday, October 23, 2015

Europe Admits QE Has Failed, Promises More Of It / Interest-Rates / Quantitative Easing

By: John_Rubino

New Age monetary policy has begun to resemble the form of insanity in which a patient repeats the same behavior while expecting a different outcome.

Throughout the developed world, interest rates are at record lows and central banks continue to pump out newly-created currency. Yet growth remains tepid, inflation is nonexistent and debt of every type continues to mount. And instead of recognizing that somewhere in their guiding theory lurks a fatal flaw, governments and central banks just keep upping the ante. Today it was Europe, where central banks have been expanding their balance sheets (i.e. running the printing presses) aggressively…

Friday, October 23, 2015

The Seven Biggest Lies Told and Believed about Gold / Commodities / Gold and Silver 2015

By: MoneyMetals

Guy Christopher writes: It’s hard to say which lie about gold is the biggest whopper.

Many widely held beliefs about gold are lies – propaganda hammered home to have us believe the only true measure of wealth is government-issued debt.

Thursday, October 22, 2015

Silver Prices and The Fiduciary Standard Of Care / Commodities / Gold and Silver 2015

By: Dr_Jeff_Lewis

Once again we get to continue along this discussion of how the price of silver is truly formed in the market as we see it today.

The reason for that is so that you can have as a resource the ability to go to a whole set of information that shows you what's really happening in real time, rather than going out and feeling disconnected or disintegrated and looking weak correlations that have no connection to anything. 

Thursday, October 22, 2015

11 Days to U.S. Government Shutdown Crisis... What Investors Should Know / Stock-Markets / Financial Markets 2015

By: Investment_U

Sean Brodrick writes: America is on a collision course with a crippling crisis. One that could start as early as November 3 - just 11 days from now.

Importantly, the last time this happened, the market started selling off hard eight days before the actual crisis. So I want to make you aware of both the looming risks... and the potential profit opportunities.

Thursday, October 22, 2015

Employment Is Nothing Like Slavery / Politics / Employment

By: MISES

Julian Adorney writes: What is necessary to take away a man’s freedom? For many progressives, nothing more then a bad workplace. Amazon takes ongoing heat for its work environment, with opponents like Business Insider calling it a “slave camp.”

But this comparison mistakes the fundamental nature of coercion.