Wednesday, July 29, 2015

Ibuprofen Warning - The Pain Killer that can Kill You! / Politics / Health and Safety

By: Mike_Whitney

In case you missed it: The FDA has just issued a warning on various prescription and non-prescription drugs that Americans ingest by the boatload. As it happens, these seemingly benign pain relievers can kill you even if you scrupulously follow the recommended dosage. But don’t take my word for it. Here’s a blurb from the FDA website:

Wednesday, July 29, 2015

Chinese Corporatism Turns Sour / Economics / China Economy

By: BATR

As even the casual observer of the effects from the corporatist model for economic commerce knows, permanence in a developing prosperity is transient at best. What becomes the rush to ratchet up industrial production ends up in a piercing disappointment for long term stability. China is the latest example of a corporatist model in serious trouble. And who will suffer the most? Those dependent on export manufacturing are clearly poised for a very bumpy ride. While the oligarchs play global chess with their foreign companies, the enterprise of creating a rise in world-wide wealth suffers.

Wednesday, July 29, 2015

More Ritholtz on Gold, and Another Response / Commodities / Gold and Silver 2015

By: Gary_Tanashian

Anyone who has been bearish on gold for the last 4 years has been right.  They have been right in Euros and though the trend appears to have been gently changing over the last year or two, they have been right in Canada & Aussie (i.e. commodity currencies) dollars as well.  Certainly, they have been right that gold as measured in most global stock markets has been (and remains) bearish.

Wednesday, July 29, 2015

Crude Oil Price Is Lower – and You’re Richer / Commodities / Crude Oil

By: ...

MoneyMorning.com Shah Gilani writes: On July 16, I gave you the real story on why oil prices are falling – and a trade to make you some easy money.

Since then, West Texas Intermediate (WTI), the U.S. crude oil benchmark, is down 5%. As of midday yesterday, the October $15 puts on the United States Oil Fund LP ETF (NYSE ARCA: USO) that I recommended buying when they were trading at 50 cents each were up 40%, and trading at 70 cents each.

Wednesday, July 29, 2015

Stock Market VIX Not Show Great Action / Stock-Markets / Stock Markets 2015

By: Marty_Chenard

I'm not happy with yesterday's VIX action.

The VIX closed at 13.44 which was Neutral+.

Wednesday, July 29, 2015

Has China Manipulated The Gold Market? / Commodities / Gold and Silver 2015

By: Arkadiusz_Sieron

The financial press and blogosphere are still exploring the topic of Chinese reserves. Recently, some voices have arisen that China supported the recent plunge of the gold price in order to boost its reserves. Are these opinions justified?

The disappointment increase in China's reserves led to a heated debate. On Friday, two articles were published (here and here), which suggest that China manipulated the gold market by under-reporting its official reserves to lower the gold price and increase its reserves.

Wednesday, July 29, 2015

Now is the Time to Invest in Cloud Stocks / Companies / Internet

By: Submissions

Larissa James writes: In case you haven’t been paying attention to technological innovations over the past decade, now is the time to understand cloud computing and the potentially lucrative returns an investment in industry stocks can produce. With cloud computing expected to see tremendous growth in the coming years and months, it would be wise to do your research and find the right stocks for your portfolio. Thankfully, though, we’ve done some of the work for you and can point you in the right direction.

Wednesday, July 29, 2015

U.S. Home Sales Market Is Dead – This Chart Proves It / Housing-Market / US Housing

By: ...

MoneyMorning.com Lee Adler writes: The seasonally adjusted (SA) headline number for the monthly-error-times-12-annualized version of new home sales in June was 482,000.

Wall Street analysts had guessed that the number would be 550,000. The Wall Street Journal went into apoplectic excuse-making mode, almost foaming at the mouth to try to find pundits to explain away the bad number.

Wednesday, July 29, 2015

Regular Saving Accounts to the Rescue of Savers / Personal_Finance / Savings Accounts

By: MoneyFacts

Research by Moneyfacts.co.uk reveals that savvy savers who use regular savings accounts for their short-term savings goals are reaping the rewards, earning more interest than with any other standard savings account.

Savings rates have been obliterated in recent years, but regular savers have remained relatively unscathed; Best Buy deals have stayed on top for the last two years and average rates have resisted a dramatic downward spiral.

Wednesday, July 29, 2015

How Much Cash Should You Hold? / Personal_Finance / Credit Crisis 2015

By: DailyWealth

Dr. Steve Sjuggerud writes: "How much cash do you have at home?" I once asked a friend who is an extremely smart investor and businessman.

(The question wasn't too personal... He's a good friend and we talk about money. I had dinner with him at his home earlier this month in California.)

"I keep six figures at home," he replied.

Wednesday, July 29, 2015

Why the Energy Sector’s Perfect Storm Is About to Blow Over / Commodities / Energy Resources

By: ...

MoneyMorning.com Dr. Kent Moors wrotes: There is a “perfect storm” brewing in the energy sector.

And as storms go, this one has certainly attracted attention. The ongoing concern over supply gluts both in the U.S. and abroad has combined with a Chinese stock collapse to drive down the price of oil.

Wednesday, July 29, 2015

Greece- What Happens When Economists Talk Politics / Economics / Eurozone Debt Crisis

By: Raul_I_Meijer

As the “Varoufakis Files” provide everyone interested in the Greek tragi-comedy with an additional million pages of intriguing fodder -we all really needed that added layer of murky conspiracy, re: the Watergate tapes-, a different question has been playing in my head. Again. That is: Why are economists discussing politics? 

Why are the now 6 month long Greece vs Troika discussions being conducted by the people who conduct them? All parties involved are apparently free to send to the table whoever they want, and while that seems nice and democratic, it doesn’t necessarily make it the best possible idea. To, in our view, put it mildly.

Wednesday, July 29, 2015

Is the Gold Price Manipulated? / Commodities / Gold and Silver 2015

By: Clif_Droke

One of the most commonly held beliefs among gold investors is that the market for gold is heavily manipulated. It has become an article of faith among gold advocates that the price is subject to direct control by government, central banks and other parties who have a vested interest in depressing the gold price. In this commentary we'll explore this belief and try to arrive at a firm conclusion as to its veracity.

Wednesday, July 29, 2015

The Gold - U.S. House Prices Ratio As A Valuation Indicator / Housing-Market / US Housing

By: Dan_Amerman

The Gold/Housing ratio is a quite useful measure for evaluating relative values between real estate and gold, and also has an interesting historical track record for identifying turning points in long-term gold price trends.  In light of the commodities rout occurring in the summer of 2015, and the continuing strength in housing – it is worthwhile revisiting this basic measure, because the results aren't at all what most people likely think they are.

Tuesday, July 28, 2015

Will Crude Oil Price Decline Continue? -Video / Commodities / Crude Oil

By: EWI

Elliott Wave International's Chief Energy Analyst tells you what he sees next for crude

In this new interview, Steve Craig, editor of Elliott Wave International's Energy Pro Service, shows you what extreme readings in some of his market indicators mean for crude from here.

Tuesday, July 28, 2015

Stock Market Long Hot July Continued / Stock-Markets / Stock Markets 2015

By: Ed_Carlson

The Hybrid Lindsay forecast calling for a high in the Dow near Wednesday (July 15) of that week (A Long Hot July) was successful even if a day early. Although both the S&P 500 and NASDAQ continued their advance until the following Monday, the Dow Industrials index printed its high on July 16. That week’s Commentary also mentioned the forecast for a low during the period July 24-31. Let’s see how that is developing.

Tuesday, July 28, 2015

Gold & Silver Money Has Devolved Into Debt and Plastic / Commodities / Gold and Silver 2015

By: DeviantInvestor

Central banks will disagree;

Keynesian economists probably disagree;

Too-Big-To-Fail banks don’t care;

But I think the following is generally accurate regarding the devolution of gold and silver money.

Tuesday, July 28, 2015

Everything's Starting to Crash! / Stock-Markets / Financial Crash

By: Harry_Dent

In a recent update I gave six signs of an impending crash. Just today we have a number of those signs starting to hit.

Despite a $486 billion fund to prop up its market, China’s stocks sunk another 8.5% today – the biggest one-day drop since 2007.

This is following a 35% crash into early July. Now, after bouncing back up to 4,200, the Shanghai Composite is down to 3,750. If it falls another 10% to below its recent low of 3,374, that will be the decisive blow – for us and them.

Tuesday, July 28, 2015

Buy and "Own Gold Krugerrands" Says Money Expert Jim Grant, Very Bullish on Gold / Commodities / Gold and Silver 2015

By: GoldCore

- “I own Krugerrands” says legendary Jim Grant
- He is “very bullish indeed” on gold
- Gold is “investment in financial and monetary disorder” – says Grant
-  It thrives in current environment – “uncertainty, turbulence and disorder”
- “One of the most radical periods of monetary experimentation in the annals of money”
- “Gold…is now the conjunction of price, value and sentiment”
- Reminds owners of gold that the original reasons for buying gold have not gone away

Tuesday, July 28, 2015

How to Protect Yourself from China's Crashing Stock Market / Stock-Markets / Financial Crash

By: ...

MoneyMorning.com Shah Gilani writes: Chinese stocks plummeted again yesterday.

The Shanghai Composite tanked 8.48% to 3,725.56, while the Shenzhen Composite fell 7% to 2,160.09. And the ChiNext, China's smaller equivalent of the Nasdaq, fell 7.4% to 2,683.45.

Based on everything the Chinese government and regulators have done to stem the sharp sell-off in Chinese shares and pump them back up, the unexpectedly big drop yesterday, on virtually no discernible bad news, could signal a serious crash ahead.