Monday, December 05, 2016
UK Housing Mortgages - Goodbye to the Government Help to Buy Guarantee / Housing-Market / Mortgages
On 31 December, phase two of the Help to Buy initiative will be withdrawn from the market. Moneyfacts.co.uk looks back at the significance of the scheme and what effect it has had on high loan-to-value (LTV) mortgages.
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Monday, December 05, 2016
A Permanent War Against Corruption, Black Money and Fake Money Is Required In India and Elsewhere / Politics / India
The heroic war against Corruption, Black Money and Fake Money Declared by the Prime Minister Narendra Modi is only a beginning of the war and not the end. Of course, it has caused pains or problems for the Common People, as no war can be fought without shedding blood, including the innocents; no surgery can be done without harming some of the healthy parts of the human body.
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Monday, December 05, 2016
Gold Relief Rally Coming and in Gold Stocks / Commodities / Gold and Silver 2016
Last week we wrote that Gold was broken but noted the oversold condition in the precious metals sector as well as the relative strength in the gold stocks. At one moment last week, the gold stocks were trading above where they were in mid-November when Gold was trading some $60/oz higher. In other words, Gold plummeted $60/oz and made a new low yet the gold stocks did not. It took a bit longer than we expected but Gold and gold mining stocks may have started their rebound at the end of last week.
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Monday, December 05, 2016
Carrier Jobs And The Slippery Slope / Politics / US Politics
“Companies are not going to leave the United States anymore without consequences.” – Donald Trump
The reaction to Trump’s deal to keep 1,100 Carrier jobs in Indiana has ranged from outrage to adoration. There are so many layers to this Shakespearean drama that all points of views have some level of credence. I’m torn between the positive and negative aspects of this deal. If you’ve read Bastiat’s The Law and Hazlitt’s Economics in One Lesson, you understand the fallacies involved when government interferes in the free market. Politicians and their fanboys always concentrate on the seen aspects of government intervention, but purposely ignore the unseen consequences.
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Monday, December 05, 2016
Our Future Economy, Jobs, Banking, And Governance / Economics / US Economy
Part 1. Our Past and Present Experience
World leaders, central bankers, leading politicians, and economists are all clamoring for increased economic growth. If growth falls below a perceived minimum rate, financial or fiscal stimulus programs are initiated and maintained in order to accelerate it. The concept for necessity of continued growth is so engrained in our society, that few question under what kind of conditions, when, why, and for whom it is necessary or beneficial. The populace has been brainwashed for decades to believe if economic growth slows that it will have meaningful negative consequences for our quality of life. Contrariwise, we have been falsely led to believe that if the economy grows rapidly, everyone benefits.
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Monday, December 05, 2016
The Bond Bubble / Interest-Rates / US Bonds
Is the bubble in the bond market about to burst? Even a move back to the 38% retracement level over the next several weeks would cause chaos in the global financial markets.
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Sunday, December 04, 2016
Gold and Silver Bullion Buying Opportunity for 2017? / Commodities / Gold and Silver 2017
Gold and Silver prices have recently taken quite a battering with the price having fallen form a 2016 high of $1378 to its last close of $1178 which is not far from the low for 2016 of $1071 set early on in the year which is perking my interest on whether it could now be time to accumulate some more of the shiny precious metals that mankind has been obsessed with ever since we sought out the gold / silver shimmering signs of water on the horizon of the sun baked parched east african savanna as has been imprinted into our very DNA.
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Sunday, December 04, 2016
The World Prays for the End of America’s Global Hegemony / Politics / GeoPolitics
America’s global hegemony was initially crafted in 1913, through the introduction of the income tax, the creation of the Federal Reserve, and the consequent rise of the military industrial complex. Since then, America now operates 800 military bases in more than 70 countries, which has forcefully been subsidized through the taxation of the American population. While the American government can not be held accountable for its countless and atrocious war crimes, failing to pay taxes to support the military industrial complex will land anyone else straight in jail. While the Federal Reserve and income tax has certainly been a catalyst for the slow, but steady deterioration of America’s middle class, the greater destruction has certainly manifested outside the shores of America.
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Sunday, December 04, 2016
India Is Poised To Make A Quantum Leap Under Narendra Modi: Perspective Of A Political Economist / Politics / India
Development of the National Economy and Welfare of the Common People or more specifically the Forgotten People - the Rural People, the Blue Color and Toiling People are the basic concern of a Political Economist. On the other hand, Corporate or Marxian or Keynesian Economists uphold a particular ideology and manipulate the economy for the sake of the Ideology or Elite, including the Left or Corporate Sector at the expense of the common people. I do belong to the category of Political Economist rather than the Corporate or Marxian or Keynesian EconomistsRead full article... Read full article...
Saturday, December 03, 2016
First UK BrExit then Trump, Next BrExit Tsunami Wave to Hit Italy HARD Sunday! / ElectionOracle / Italy
The people of Britain voting for freedom from an emerging european super state on 23rd of June 2016 has ignited a fire in the people across the western world who had been increasingly been turned off by pass the parcel politics of the last 40 years, one of lying politicians that had long since detached themselves from the reality of the lives of ordinary people, where over time they came to believe their own lies, and so are primed to be repeatedly shocked by the impossible. BrExit was supposed to be impossible, Trump becoming President was supposed to be impossible and we don't need to look far to see that both were shock events that the establishment, politicians, pollsters, mainstream media, markets, and bookies never saw coming.
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Saturday, December 03, 2016
The 10YR Yield and SPX Stocks Bull Markets / Stock-Markets / Stock Markets 2016
The week started at SPX 2213. After a lower opening on Monday the market pulled back to SPX 2198 by Tuesday. An OPEC pact to cut crude oil production helped the market rally to a marginal new high at SPX 2214 on Wednesday. After that the market pulled back to SPX 2187 on Thursday, and ended the week at 2192. For the week the SPX/DOW were mixed, and the NDX/NAZ lost 2.7%. Economic reports for the week were nearly all positive. On the downtick: the Q4 GDP estimate and weekly jobless claims rose. On the uptick: Q3 GDP, consumer confidence, the ADP, personal income/spending, the Chicago PMI, pending home sales, construction spending, ISM manufacturing, auto sales, monthly payrolls, the WLEI, plus the unemployment rate dropped. Fourteen positive and only two negative reports. Next week’s reports will be highlighted by consumer credit, ISM services, the ECB and factory orders.
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Saturday, December 03, 2016
Gold And Silver – Do Not Expect Much Difference With Trump Compared To Obama / Commodities / Gold and Silver 2016
Obama was the “Yes, we can!” hope and change candidate that become the deep state elite’s presidential lackey. It was Obama’s choice to sell his political and personal soul in serving the globalists.
History has been somewhat hidden from the public but still in the open for those who take the time to look. The US went bankrupt in 1933 when Roosevelt declared the Bank Holiday. Its purpose was to eliminate any and all banking independence and give all control over to the Federal Reserve cartel. Every bankrupt entity has a bankruptcy judge to oversee the bankruptcy. That job went to the Secretary of the Treasury as agent for the globalists that took control over the United States.
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Saturday, December 03, 2016
Can Biotech's Trump Bump Last? / Companies / BioTech
In the weeks since Donald Trump's presidential election victory, the stock markets have ridden a wave into positive—and in the case of the Dow, record-breaking—territory. The so-called Trump Bump also sent biotech indices, flaccid for much of the year, up as much as 15%. With the election now nearly a month old, and hot-button issues such as drug pricing still in the press, industry watchers have begun to weigh in on what might happen in the biotech and pharma markets when Trump takes office.
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Friday, December 02, 2016
Gold, Currencies and Markets Critical 61.8% Retracements / Commodities / Gold and Silver 2016
As it is quite often said (but just as often forgotten when things get volatile), no market can move up or down in a straight line. There have to be corrections along the way as some traders cash in their profits, others get scared out of their positions etc. The question is – where (at what price) is such a reversal likely to take place. Focusing on news and fundamental analysis alone will not provide you with an answer here, simply because the markets are not logical in the short term, but emotional (it is also the case in the medium term, but to a smaller extent). Consequently, we need to apply technical tools to determine what is the most likely level at which the price will reverse.
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Friday, December 02, 2016
Trump Nominee Will Politicize Dept. of Justice / Politics / US Politics
In his successful run to the presidency, Donald Trump spent a lot of time talking about the Second Amendment and defending gun ownership. He spent very little time talking about the other amendments, other than to say he supported the Constitution. He knew his core support came from those who could effortlessly repeat a phrase, “Donald Trump supports my Second Amendment rights,” without knowing much more than that.Read full article... Read full article...
Friday, December 02, 2016
Gold Junior Stocks Q3’16 Fundamentals / Commodities / Gold and Silver Stocks 2016
The junior gold miners’ and explorers’ stocks have been crushed in recent months, collateral damage from enormous gold-futures selling. That’s naturally left investors and speculators extremely bearish on gold juniors. But lost in all this technical and sentimental tumult are important fundamentals from the juniors’ recently-reported third-quarter financial and operational results, which proved quite strong and bullish.
The junior gold stocks are rightfully considered the Wild West of the gold sector. Most of the hundreds and hundreds of these small companies won’t prove successful. They won’t be able to secure funding to explore sufficiently, won’t be fortunate enough to find an economic deposit of gold to mine, or won’t be able to make the herculean leap from explorer to miner. The odds are stacked heavily against the gold juniors.
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Friday, December 02, 2016
Adventures in Castro’s Cuba / Politics / Social Issues
Dear Paraders,
Some years ago my then girlfriend, now wife, Deirdre and I set off to search Planet Earth for our personal paradise.
Cuba was one of the places we seriously considered.
My logic at the time—and this would be about 1995—was that Castro’s regime couldn’t last. And that once his heavy grip on the throat of the economy was released, the country’s natural charms and resources, sited as they are just 90 miles off the coast of Florida, would assure an entrepreneurially-minded individual (me) a solid chance of profiting.
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Friday, December 02, 2016
We Are Putting Off the Inevitable / Economics / Recession 2017
Only two presidents in history did not see a recession, and they were inaugurated after single-term presidents. In every single instance at the end of a two-term presidency, there’s been a recession. This means there is a 100% chance of recession for the new president.
My friend Raoul Pal, in his latest Global Macro Investor, talks about the potential for a recession in 2017:
The following chart shows every recession since 1910 (in yellow) with the new president after a two-term election marked in white and the new presidents after a single-term presidency in red. Wilson and Eisenhower appear as both. Only Coolidge saw more than a year (sixteen months) from his second-term election and the onset of the subsequent recession at the end of WWI…
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Friday, December 02, 2016
Is the Yellen Fed TRYING to Crash Stocks To Hurt Trump? / Stock-Markets / Financial Markets 2016
Is Janet Yellen trying to crash stocks to screw Trump?
Ever since the $USD began its bull market run in mid-2014, the Fed, lead by Janet Yellen, has intervened whenever the $USD cleared 98.
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Friday, December 02, 2016
Is Japan About to Implode the $10T $USD Carry Trade? / Interest-Rates / Global Financial System
It is said that history has a sense of irony. The latest US election is not an exception.
Consider the following…
- Donald Trump campaigned aggressively on trade… particularly his opposing of the fact that the US gets taken advantage of by foreign nations via bad trade deals.
- Trump wins the Presidency on November 8, 2016.
- US trade gets royally screwed in the currency markets.