Wednesday, December 07, 2016
Plunge of Nigerian Naira and the New US Dollar Volatility / Currencies / Africa
By: Dan_Steinbock
While OPEC production cuts could slow the plunge of Nigerian naira, the real headwinds are ahead, thanks to the impending Fed rate hike, the incoming Trump administration and US dollar as the new fear index.In Africa, some 14 countries have been using the CFA franc that is pegged to the euro, while three have been pegged to the South African rand. Before the Trump triumph, the conventional wisdom was that as the US dollar would weaken against the euro in the short term, this will reduce inflationary pressures in these countries. However, skeptics argued that inflationary pressures were already low in most countries with a euro peg and a stronger currency would affect their competitiveness.
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Wednesday, December 07, 2016
The Rise of Anti-Establishment Italy / Politics / Italy
By: Dan_Steinbock
After the UK Brexit and the Trump triumph in the US, the rise of anti-establishment Italy is hardly a surprise. It is the effect of half a decade of failed austerity doctrines in Europe and decades of failed political consolidation in Italy – ever since the notorious Tangentopoli scandals.
While Italy’s constitutional referendum heralds a political earthquake that will eventually affect both France and Germany, the immediate result is more uncertainty in economy, political polarization and market volatility.
Wednesday, December 07, 2016
Bonds: 90% of You Are Herding / Interest-Rates / US Bonds
By: Gary_Tanashian
90% (my low-balled estimate) of you, the investing public, are herding when it comes to the bond market. You may not know it because the overwhelming psychological atmosphere is to reaffirm, not question peoples’ behavior. That is what herding is; a comforting feeling of going with the flow and being at one with your environment and the greater zeitgeist.
Now, please don’t be offended by the title; you dear reader may well be one of the 10%. But out there in the financial investment realm, they are herding, BIG time, as bond yields are expected to continue rising, because… media; because… “Great Rotation, part 2” and because… the story of epic secular changes and the chance to be early and clued in to a great new market phase are so alluring.
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Wednesday, December 07, 2016
Trump Likely to Drive Another Bump in Stock Market Buybacks — Here’s How to Hedge / Stock-Markets / Stock Markets 2016
By: John_Mauldin
With the bull market in US stocks approaching its seventh anniversay in March 2017 and the indexes just hitting all-time highs, many investors are wondering how long the party can continue.
The chart below shows how the Dow Jones, Russell 2000, NASDAQ, and S&P 500 have all soared to record highs.
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Wednesday, December 07, 2016
Fake News Didn’t Influence the US Election / Politics / Propaganda
By: John_Mauldin
BY GEORGE FRIEDMAN : Since Election Day, Americans’ focus has shifted to something that’s considered a new phenomenon.
Some suspect that false news may have swayed the US presidential election. Some also claim this false news was planted by Russian intelligence under orders of President Vladimir Putin, who allegedly supported Trump’s election.
Given that a recount of votes in some states is likely—with some saying Russians might have hacked voting machines—it’s no longer a matter of politics but of geopolitics.
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Wednesday, December 07, 2016
World War II and the Origins of American Unease / Politics / GeoPolitics
By: STRATFOR
By George Friedman : We are at the 70th anniversary of the end of World War II in Europe. That victory did not usher in an era of universal peace. Rather, it introduced a new constellation of powers and a complex balance among them. Europe's great powers and empires declined, and the United States and the Soviet Union replaced them, performing an old dance to new musical instruments. Technology, geopolitics' companion, evolved dramatically as nuclear weapons, satellites and the microchip — among myriad wonders and horrors — changed not only the rules of war but also the circumstances under which war was possible. But one thing remained constant: Geopolitics, technology and war remained inseparable comrades.
Wednesday, December 07, 2016
Gold: Warren Buffett Is Absolutely Right (And Wrong) / Commodities / Gold and Silver 2016
By: Kelsey_Williams
And many others are, too.
Among their various characterizations of gold are the following: it is an unproductive asset; it doesn’t ‘do’ anything; it just sits there; it’s too volatile; stocks are a much better investment.
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Wednesday, December 07, 2016
Online CFD Trading for Traders on a Budget / Stock-Markets / Learn to Trade
By: Submissions
deleted....
Wednesday, December 07, 2016
Silver Bullion Price Buying Opportunity for 2017? / Commodities / Gold and Silver 2017
By: Nadeem_Walayat
In my second video in this series looking at prospects for previous metals investing for 2017, I take a look at the silver bullion price. Also remember to check out the other videos in this precious metals series.
Wednesday, December 07, 2016
Stock Market Topping, Gold Looks Lower / Stock-Markets / Financial Markets 2016
By: Brad_Gudgeon
The stock market looks like it is making a distribution top into the FED meeting. We may see a small pull back into late week and then higher prices into the 14th. We could see a sharp drop into the 5 week cycle low due around the 19th of December. Overall, the market should be lower into March/April 2017 (Minor Wave Wave X of Intermediate Wave Z of Primary Wave 4) next year due to a FED rate hike.
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Wednesday, December 07, 2016
The Imminent Multi-Trillion Dollar Surge In Social Security & Medicare Costs / Economics / Government Spending
By: Dan_Amerman
For decades we have known that the time would come when Social Security & Medicare costs would begin a rapid and explosive growth upwards. That time is no longer the distant future - but something that will take place next year, and the year after, and the year after. The long expected storm is now upon us, and as can be seen below, the amounts involved are staggering and they will arrive much faster than most people realize.
Wednesday, December 07, 2016
Stock Market It's Different This Time / Stock-Markets / Stock Markets 2016
By: Ed_Carlson
The normal bullishness of this time of year was turned on its head last year and we're beginning to wonder if it may happen again this year. In addition to a plethora of cycle highs converging on last week and the coming week, the McClellan Summation index is not acting right for new highs in the equity market. It may indeed be "different this time" but different from what; normal end of year seasonality or different than last year?
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Tuesday, December 06, 2016
Gold Bullion Price Buying Opportunity for 2017? / Commodities / Gold and Silver 2017
By: Nadeem_Walayat
This is the first in a series of video analysis that take a look at the precious metals and their stocks. The Gold price has recently taken quite a battering with the price having fallen form a 2016 high of $1378 to its last close of $1171 which is not far from its low for 2016 of $1071 set early on in the year which is perking my interest on whether now could be time to accumulate some more of the golden precious metal that mankind has been obsessing over ever since we sought out the gold and silver shimmering signs of water on the horizon on the sun baked parched east african savanna as has been imprinted within our DNA.
Tuesday, December 06, 2016
Warning: Market Crashes Hit When the Most Investors LEAST EXPECT IT / Stock-Markets / Financial Crash
By: Graham_Summers
The Bank of Japan is trying to crash the markets?
This is not conspiracy theory. In the last month the BoJ has devalued the Yen 14% against the $USD.
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Tuesday, December 06, 2016
Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market / Commodities / Gold and Silver 2017
By: GoldCore
by Jan Skoyles, Editor Mark O’Byrne : The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council have made an important decision which was announced yesterday at the World Islamic Banking Conference in Bahrain.
This decision is about one of the most important markets in the world: the gold market, an invest-able market worth an estimated $2.4 trillion and is also of significance for the world of Islamic finance.
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Tuesday, December 06, 2016
Festive Spenders Top Tips to Protect your Cash / Personal_Finance / Holidays
By: MoneyFacts
It’s that bustling time of year when most shoppers focus on getting the Christmas gift list sorted, which can include getting gift cards or even using a credit card to buy high net worth goods.
With this in mind, Rachel Springall, Finance Expert at Moneyfacts.co.uk, urges consumers to brush up on their rights, be wary of scammers and consider the best credit card deals to make their cash go a little further.
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Tuesday, December 06, 2016
THE Gold Play for 2017 / Commodities / Gold and Silver 2017
By: OilPrice_Com
I'll keep this short...
The Trump gold rally begins on January 20th, 2017.
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Tuesday, December 06, 2016
Crude Oil Price New Highs Ahead Us? / Commodities / Crude Oil
By: Nadia_Simmons
Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.
On Friday, crude oil gained 1.21% as OPEC deal continued to support the price of the commodity. In this environment, light crude re-approached the Oct high. Will we see fresh 2016 peak in the coming week?
Let's take a look at the charts below to find out (charts courtesy of http://stockcharts.com).
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Tuesday, December 06, 2016
Mass Migration and Bank Weakness Threaten The Italian Economy / Politics / Italy
By: Jeff_Berwick
In the wake of the Italian referendum results and Matteo Renzi’s subsequent resignation, the level of uncertainty in Italy continues to grow both inside the country and among foreign investors.
As many expected, Banco Monte dei Paschi’s shares fell sharply on the news of Renzi’s defeat. And markets reacted in risk off fashion much like they did post-Brexit, with European stocks, US futures and the Euro all rising in response to the news. And it’s likely to stay that way until some sense of calm returns to the market.
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Tuesday, December 06, 2016
Trump Sets The Stage For A Huge Gold Rally In 2017 / Commodities / Gold and Silver 2017
By: OilPrice_Com
Global political tensions have not been this palpable since 9/11, when gold prices jumped 32.87% in a single day, and the amount of uncertainty being ushered in for 2017 promises to be great for the precious metal—our age-hold hedge against chaos and instability.
For a fully-funded junior gold miner backed by heavy hitters in one of the world’s hottest venues--Fiore Exploration Ltd (TSXV–F.V) the timing is brilliant, the production costs fantastic, and the future golden.
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