Friday, July 24, 2015
Commodities Distressed Investing / Commodities / Investing 2015
By: John_Mauldin
When most people think of distressed investing, they think of buying CCC-rated bonds at 20 or 30 cents on the dollar, then maybe sitting in bankruptcy court to divvy up the capital structure, making healthy risk-adjusted returns in the end. You just need to hire a few lawyers.
Distressed investors are a different breed of cat. It’s one of those countercyclical businesses, like repo men, who do well when everyone else is getting hammered.
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Friday, July 24, 2015
What Blows Up Next? Part 1: Resource-Based Economies / Economics / Brazil
By: ...
MoneyMorning.com
The Great Recession and its aftermath was actually the best of times for countries with natural resources to sell. The US, Europe and Japan ran record deficits and cut interest rates to zero or thereabouts, sending hot money pouring into mining and energy projects around the world, while China borrowed (as it turned out) $15 trillion for an epic infrastructure build-out.
Friday, July 24, 2015
OPEC Shorts Are Driving Down the Crude Oil Price / Commodities / Crude Oil
By: ...
MoneyMorning.com
Dr. Kent Moors writes: The conflict between OPEC and U.S. shale/tight oil producers has entered a new phase. And the result has been an accelerated decline in oil prices.
Last November (on Thanksgiving no less), Saudi Arabia led an OPEC decision to hold production stable, followed by a later significant increase in volume. For the first time, the cartel had opted to protect market share rather than price.
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Friday, July 24, 2015
USD Index Rebounds / Currencies / US Dollar
By: Nadia_Simmons
Earlier today, the U.S. Department of Labor showed that the initial jobless claims in the week ending July 18 dropped by 26,000 to 255,000, beating analysts' expectations for a 1,000 drop. In this environment, the USD Index bounced off session's lows and came back above 97. What impact did this move have on the euro, pound and Swiss franc?
Friday, July 24, 2015
If You’re Worried About a Tech Bubble, You’re Focusing on the Wrong Thing / Companies / Tech Stocks
By: ...
MoneyMorning.com
Shah Gilani writes: Google Inc. (Nasdaq: GOOGL) made major headlines Friday when an upbeat “read” of the search giant’s earnings report ignited a 16% surge in the company’s stock price.
That single-session bump added a whopping $65 billion to Google’s market value. And this came just one day after shares of Netflix Inc. (Nasdaq: NFLX) – another tech darling – zoomed 18%.
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Friday, July 24, 2015
Gold Stocks Bear Market Bottom Buying Opportunity? - Video / Commodities / Gold and Silver Stocks 2015
By: Nadeem_Walayat
The early year gold price rally soon peaked in mid January 2015 at $1307 that had fooled many gold bugs into assuming that the preceding multi-year bear market was finally over and that 2015 would see a strong price rally to possibly even new all time highs! However, so far 2015 has seen a series of failed rally's rolling over into downtrends to new lows, punctuated by flash crash days such as that which took place on the 19th of July that saw a series of flash crashes that lasted no more than a couple of seconds that took the gold price to well under $1,100, to a new five year low of $1080 before recovering a little to $1,100.
Thursday, July 23, 2015
The Stealth War on the United States / Politics / Cyber War
By: Investment_U
Sean Brodrick writes: Late last month, Sony Corp. (NYSE: SNE) suffered the most catastrophic attack EVER on a U.S.-based company.
It was so epic in scale that analysts are calling it an act of war.
More details are coming out. And it may just be the tip of the iceberg.
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Thursday, July 23, 2015
Did Gold Stocks Just Bottom? / Commodities / Gold and Silver Stocks 2015
By: DailyWealth
Dr. Steve Sjuggerud writes: "Perhaps today was capitulation in the gold market," a CEO of a gold-mining company told me in an e-mail Monday evening...
Gold-exploration stocks had just lost 14% of their value in two days – based on the gold-exploration stocks fund, the Global X Gold Explorers Fund (GLDX). This CEO thought it could be the bottom in gold-exploration companies.
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Thursday, July 23, 2015
Gold and Silver Falling, Coiling - The Slow Blues / Commodities / Gold and Silver 2015
By: Jesse
"At its very inception this movement depended on the deception and betrayal of one's fellow man; even at that time it was inwardly corrupt and could support itself only by constant lies...
If at the start this cancerous growth in the nation was not particularly noticeable, it was only because there were still enough forces at work that operated for the good, so that it was kept under control. As it grew larger, however, and finally in an ultimate spurt of growth attained ruling power, the tumor broke open, as it were, and infected the whole body.
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Thursday, July 23, 2015
The Epicenter of the Next Global Financial Crisis - Financial Dreadnoughts / Stock-Markets / Credit Crisis 2015
By: Jesse
The 'trigger event' for the next crisis could be elsewhere, someplace distant, and out of the way. The first World War was ignited by a political assassination over a fractious disagreement in Sarajevo that engaged an international web of interconnections.
Granted that hubris was on a high note, particularly in Germany, and the system itself was fragile and deeply interwoven.
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Thursday, July 23, 2015
Commodity Prices, Gold and Silver Stocks Next Leg Down / Commodities / Commodities Trading
By: Rambus_Chartology
There is a lot to go over tonight in regards to commodities and the precious metals complex. A while back I wrote a report on the commodities in general getting ready for the next possible leg down which will fuel the deflationary pressures that really took hold last about this time. That's when the US dollar finally broke out of its massive base and charged higher topping out in March of this year and has been consolidating those gains ever since. Lets start by looking at the big base the US dollar broke out of last year at this time and the strong impulse move up as shown by the string of white candlesticks. That's what a strong impulse move looks like when all the pent up energy finally has a change to escape.
Thursday, July 23, 2015
Commodities Damage to BRICs Economic Cushion / Economics / Emerging Markets
By: Ashraf_Laidi
Aside from $ trillions in monetary stimulus from the world's major central banks, a major source to the recovery from the 2008-9 global financial crisis emerged from the BRICs economies. The dependence on commodities exports from Brazil, Russia and China proved instrumental in these economies' rapid comeback thanks to the cushion from rapid gains in agricultural and energy prices from 2002 to 2008. But now that agricultural commodities have crashed, metals crumbled and energy plummeted, what becomes of the BRICs engine to the world economy?
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Thursday, July 23, 2015
The ‘Real’ Reason the Fed Wants to Raise Interest Rates / Interest-Rates / US Interest Rates
By: Gary_Tanashian
In case you thought you were smart enough to know why the Fed wants to do what it supposedly wants to do [1] MarketWatch sets you straight with the real scoop. We’ll use this as a talking point and see what comes of it…
Here’s the real reason the Fed wants to raise rates
Policy makers want to give themselves some room to maneuver
That is the commonly held belief and who am I to dispute it? A big part of the problem is and has been their refusal to begin a journey toward normalization 2 years ago, when the economy began to visibly (we noted the seeds of that improvement in January of that year) improve. They had no confidence and I was left to wonder (aloud here, frequently and I am sure, sometimes obnoxiously) why Grandma [2] (and her 0% savings account payout) had to continue to bear the brunt of this non-action despite a recovering economy.
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Thursday, July 23, 2015
The War on Cash is Now a Global Phenomenon / Stock-Markets / Credit Crisis 2015
By: Graham_Summers
More and more institutions are trying to make it harder for you to move your money into cash.
Globally, over $5 trillion in debt currently have negative yields in nominal terms, meaning the bond literally has a negative yield when it trades. In the simplest of terms this means that investors are PAYING to own these bonds.
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Thursday, July 23, 2015
5 ways in which Real Estate has changed in the US in the last decade / Housing-Market / US Housing
By: Submissions
Peter Scully writes: Following a ten year review of the real estate market in the United States, it is clear to see that things have changed a lot. Ten years is a long time but in that period there is a huge difference, and it may be surprising to hear that it is not all related to finance.
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Thursday, July 23, 2015
Gold and Gibson's Paradox / Commodities / Gold and Silver 2015
By: Alasdair_Macleod
There is a myth prevalent today that the gold price always falls when interest rates rise. The logic is that when interest rates rise it is more expensive to hold gold, which just sits there not earning anything. And since markets discount future expectations, gold will even fall when a rise in interest rates is expected. With the Fed's Open Market Committee debating the timing of an interest rate rise to take place possibly in September, it is therefore no surprise to market commentators that the gold price continues its bear market. Only the myth is just that: a myth denied by empirical evidence.
Thursday, July 23, 2015
Stock Market Fluctuations Following Recent Rally - Flat Correction Or Topping Pattern? / Stock-Markets / Stock Markets 2015
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): bullish
Thursday, July 23, 2015
Gold Price Smash Leads to Surge in Demand For Coins, Bars Around World / Commodities / Gold and Silver 2015
By: GoldCore
- U.S. Mint sees highest monthly gold eagle sales in over two years
- Indians take advantage of low price in a season not typically known for gold buying
- Chinese investors, disillusioned with stock market, are buying gold in large volumes
- Demand for coins from Perth Mint 37% higher in June and even higher for July
Thursday, July 23, 2015
U.S., Russia: The Case for Bilateral Talks / Politics / GeoPolitics
By: STRATFOR
Phone calls between relatively low-level diplomats are normally not newsworthy. But Monday's conversation between U.S. Undersecretary of State Victoria Nuland and Russian Deputy Foreign Minister Grigory Karasin on the simmering conflict in Ukraine is an exception. The bilateral nature of the conversation and its timing amid mounting claims of cease-fire violations from the Ukrainian government and separatist forces makes it uniquely significant. Moreover, it reaffirms that the evolution of the Ukrainian conflict — whether toward a settlement or toward escalation — will be most strongly shaped not by Kiev but by the actions of and relationship between Moscow and Washington.
Thursday, July 23, 2015
Crude Oil Price Slump is a Once in a Decade Opportunity to Make Money, Guaranteed / Commodities / Crude Oil
By: Atlantic_Perspective
All investments carry risk. There are no safe investments in the sense that “you just can´t lose”. But risk can be greatly reduced, according to the entry point and the timespan of the investment.The commodities cycle
The world is currently awashed in oil and natural gas. This is the reality of today. But as sure as day follows night, this glut will turn into production deficit over the next few years. All commodities traders know this and have seen gluts turn into deficits dozens of times, in different markets. Why does this happen?
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