Saturday, November 26, 2016
What Investors Can Learn from Gold Yen Price? / Commodities / Gold and Silver 2016
By: Arkadiusz_Sieron
Our Market Overview would be incomplete without remarks about gold priced in the Japanese yen. Chart 1 shows nominal gold prices denominated both in the U.S. dollar and the Japanese currency, while Chart 2 plots the indices of gold prices in these two currencies.
Chart 1: The price of gold in U.S. dollars (yellow line, right axis) and in Japanese yen (red line, left axis) from January 1979 to September 2016.
Read full article... Read full article...
Saturday, November 26, 2016
Germany Pulls the Plug on Market Oracle site for 24 hours, German Election BrExit GerExit Warning Shot? / Politics / Internet
By: Nadeem_Walayat
The Market Oracle site is hosted on its own dedicated server in Nuremberg Germany, which so far has proved highly reliable with ample capacity of more than ten times normal server load to cope with any occasional traffic spikes that tend bring other sites down to a crawl or even offline. So we were surprised to see our site effectively go dead around 1.40pm Friday.
So for the first couple of hours we tried the usual checks, all failed as we had no access to the server at all, it was though the plug had been pulled.Here's a video uploaded 14 hours into the shutdown of what was happening at the time.
Read full article... Read full article...
Friday, November 25, 2016
Santa Trump's Stock Market Rally Continues to New All Time Highs / Stock-Markets / Stock Markets 2016
By: Nadeem_Walayat
It definitely looks like Christmas has come early this year as the Trump Santa rally has seen the Dow blast through 19k, closing at another all time high of 19,083.18. A Rally that NO ONE SAW COMING! Definitely not the mainstream media propaganda machine!
None of this was supposed to happen! It was all supposed to be IMPOSSIBLE! As the horsemen of the mainstream media apocalypse repeatedly warned if the unthinkable actually happened and Trump won then that would be the END, FINANCIAL ARMAGEDDON, a consensus view which was regurgitated at length right across the BlogosFear. Taken as FACT that a Trump win would immediately convert into a stock and financial markets bloodbath!
Read full article... Read full article...
Friday, November 25, 2016
The New Trade Future In Asia Pacific / Stock-Markets / Financial Markets 2016
By: Dan_Steinbock
Right after the Asian-Pacific nations embraced the dream of free trade in the regional Peru Summit, President-elect Trump buried it.
Last weekend, Asia-Pacific Economic Cooperation (APEC) summit made it clear that it would move forward with trade pacts; with or without the US.
Right after the Lima summit, President-elect Donald Trump unveiled his plans for the first 100 days in office, which focus on campaign promises that will not require congressional approval. Among his first actions, Trump said he would "issue our notification of intent to withdraw from the Transpacific Partnership" and replace it with negotiating "fair bilateral trade deals."
Thursday, November 24, 2016
New NS&I 2.2% Savings Bond Ahead of 2017 Stealth Inflation Theft of Purchasing Power / Personal_Finance / Savings Accounts
By: Nadeem_Walayat
With my forecast for CPI inflation expected to accelerate to over 3% per annum during 2017 and RPI perhaps nudging above 4%. The chancellor Philip Hammond in his first and last Autumn statement took the time to announce a 3 year fixed rate NS&I savings bond paying 2.2% available to all over age 16 from spring 2017. Yes 'currently' with RPI at 2%, 2.2% whilst not great sounds reasonable given the desert like landscape of today's savings market. But by the time it actually goes live and becomes available to UK savers, the now near decade long trend of the stealth theft of the purchasing power of peoples earnings and savings will continue which this propaganda bond will not provide any protection against, especially since its capped at just £3k!
Thursday, November 24, 2016
Establishment Controlled Mainstream Media Launches War on Alternative 'Fake' News / Politics / Mainstream Media
By: Jeff_Berwick
It’s mainstream versus alternative media.
A list of “fake news” has been circulating that includes such prominent conservative and libertarian sources as Zero Hedge, Breitbart, The Blaze, Red State, the Daily Wire, Project Veritas, WND, and Infowars among many others.
These sources are not “fake” however. You can find a lot of truth on them. On the other hand, former GOP presidential candidate Ron Paul recently circulated a list of mainstream reporters who evidently colluded with the Clintons and were named by WikiLeaks for doing so.
Read full article... Read full article...
Thursday, November 24, 2016
Black Friday Cheap Christmas Lights, How Long do they Last ? B&M Stores Review Video / ConsumerWatch / Shopping
By: Anika_Walayat
It's Black Friday tomorrow when shoppers will be focused on stocking up with perceived bargains for the Christmas holiday season ahead, and at the top of many lists will be new sets of christmas lights. So here is our timely review of just how reliable a set of cheap outdoor Christmas lights tend to be, how long do they actually last? As illustrated by a set set bought from the discount retailer B&M Store, comprising 80 multi-coloured LED bulbs. Find out of what use one can expect over the first and second christmas from similar cheap christmas lights.
Thursday, November 24, 2016
The Gold Bears Are in For a Massive Surprise / Commodities / Gold and Silver 2016
By: Graham_Summers
If you’re serious about making money from investing in the financial markets, you need to be able to read the crowd… and go against it.
Let me give you an example… Currently one of the consensus views is that the Gold rally is over and gold is dead as an investment.
Right off the bat, you know this sentiment is at an extreme. Despite its recent sell-off, Gold is still crushing stocks in terms of performance year to date.
Read full article... Read full article...
Thursday, November 24, 2016
The War on Cash is Not Over… It’s About to Intensify / Stock-Markets / War on Cash
By: Graham_Summers
The Trump Presidency has distracted from the next major move to be implemented by Financial Elite.
That move is a cash ban.
Cash, particularly physical cash (as in bills and coins) is a huge problem for insolvent banks.
Read full article... Read full article...
Thursday, November 24, 2016
War On Cash Goes Global – India and Citibank In Australia / Interest-Rates / War on Cash
By: GoldCore
- War On Cash Goes Global – India, Australia and Citibank
- India shock cancellation of nation’s two highest-denomination notes
- India effectively invalidates & removes 86% of cash from circulation
- India sees “runs on banks” & severe financial difficulties
- Citi to makes all Australian branches cashless
- Australian pilot programme restricts 80% of payments on card
- UBS proposes Australia eliminates $100 and $50 bills
- What can we do about this?
- Conclusion
Thursday, November 24, 2016
Stock Market Indices Close at the Highs for the Day / Stock-Markets / Stock Markets 2016
By: Jeff_Berwick
The stock market indices had an interesting day on Wednesday, closing with blue chips to the upside at new all-time highs. Nasdaq 100 had a difficult day, down nearly 20 points, but they came back off the lows substantially, especially the Direxion Daily S&P Biotech Bull 3X ETF (LABU), rallying late in the day and finishing positive, having reversed seven points off the lows.
The day started out with big gaps down, they made lower lows on the Nasdaq 100, but when the S&P 500 did not confirm, it made a higher low, and then they rallied. The S&P 500 had a 5-wave rally into the close to finish at the high for the day.
Read full article... Read full article...
Thursday, November 24, 2016
Breaking News - Spain Launches War on Cash / Politics / War on Cash
By: Jeff_Berwick
India, Uruguay, Australia and now Spain. The Minister of Finance and Public Service, Cristóbal Montoro has reportedly just announced “anticipated measures in order to ‘reduce the use of cash.’
In other words, Spain is going to make cash transactions even more difficult. As of presstime, from what we can tell, this has yet to be reported anywhere in English media except here now at TDV.
Read full article... Read full article...
Thursday, November 24, 2016
Stocks, the Politically-Driven S.O.D. to Lose Again / Stock-Markets / Stock Markets 2016
By: Gary_Tanashian
You know who they are; they are the ones who denied and denied the ginned up bull market in US stocks that nearly tripled under the socialist regime, circa 2009-2016. They are the ones who clung to gold well past the caution point last summer. They are (yes, it’s another snappy buzz phrase to either entertain, bore or annoy you… ) the S.O.D., AKA the Sons of Druckenmiller, AKA politically biased and newly activated market participants. Reference…
Thursday, November 24, 2016
A little perspective on the post-election Gold market / Commodities / Gold and Silver 2016
By: Michael_J_Kosares
Most of gold’s downside is geared not to the financial decisions of millions of investors around the globe, as the mainstream media would have you believe, but rather to linear computer algorithms geared to the dollar index. The trading part of the software has been told to automatically place trades at certain correlated price levels and that is why we get these waterfall drops. The rocket launch trajectories to the upside come when the trading function is told to buy and cover the previous shorts.
Thursday, November 24, 2016
Another US Election Year, Another Bunch Of Fake Economic Growth Numbers / Economics / Economic Statistics
By: John_Rubino
Some pretty good economic reports have energized various parts of the financial markets lately. Consumer spending is up, GDP is exceeding expectations and even factory orders, that perennial downer, popped this morning.
In response the dollar is soaring and interest rates are at breaking out of their multi-decade down-channel. The economy is clearly recovering, implying a return to normality. Right?
Read full article... Read full article...
Thursday, November 24, 2016
One of the best buying opportunities in history? / Stock-Markets / Financial Markets 2016
By: Submissions
One of the best buying
opportunities in history?
I'm writing to you today about what could be one of the most exciting buying opportunities in the stock market we've ever seen.
If our research is right, a handful of specific companies in one particular sector could be about to go wild.
But look, this opportunity will NOT be for everyone.
Wednesday, November 23, 2016
Gold and Monetary Populism: The Oligarchs’ Mortal Enemies – The Peoples’ Salvation / Commodities / Gold and Silver 2016
By: Stewart_Dougherty
Desperation is setting in. The blatant attacks on gold are occurring almost exclusively during the Comex floor-trading hours now. Every night gold pushes higher as Asia’s appetite is seemingly voracious. The two most systemically dangerous banks right now, it was revealed according to the IMF, are JP Morgan and Citibank. I’m sure part of the smash is in response to that. All this action between gold and the dollar means is that the counter-force reaction to what the Fed is doing is going to be even more forceful. They already can’t control the dollar and the strong dollar is going to decimate Q4 revenues and earnings. Give it 6 months and I bet they start talking about the need to print more money. Gold will sniff that out well ahead of time.
Wednesday, November 23, 2016
Russia Gold Buying In October Is Biggest Monthly Allocation Since 1998 / Commodities / Gold and Silver 2016
By: GoldCore
Russia gold buying accelerated in October with the Russian central bank buying a very large 48 metric tonnes or 1.3 million ounces of gold bullion.
Read full article... Read full article...
Wednesday, November 23, 2016
Trump Moves as America Stands Still / Politics / US Politics
By: Raul_I_Meijer
Ever since the November 8 election, it’s been hard to write anything that makes actual sense, as evidenced by just about everything I’ve read in the past two weeks, little of which was particularly elevating, because just like before the vote, and just like in pre- and post-Brexit Britain, all there is left in the US are deeply dug-in heels.
Everything and everyone is standing still; dug-in heels do that for you. Problem is, of course, that standing still doesn’t get you anywhere. You’re going to have to move or you’ll be left behind. Somehow it’s wonderfully ironic that Donald Trump is the only main character in this play who’s moving, and he does so in more ways than one. It’s like he’s going head first against the latest braindead internet craze, mannequin. If he does it on purpose, I commend him for it.
Read full article... Read full article...
Wednesday, November 23, 2016
A Vote for Trump, Much in Spite of Who He is / Politics / US Politics
By: Rodney_Johnson
It’s hard to keep up with all the labels.According to the mainstream media, anyone who voted for Donald Trump is a hate-filled bigot who objectifies women, can’t stand immigrants, denies global warming, has no education, and earns less today than he did in 1999. He must be resentful that a black man occupies the White House today and apoplectic at the possibility that a woman might do the same thing.
That’s a lot to carry around… and it’s not who I am… even though I voted for Trump.
Read full article... Read full article...