Sunday, November 27, 2016

This Past Week in Gold / Commodities / Gold and Silver 2016

By: The_Gold_Report

Technical analyst Jack Chan charts the latest moves in the gold and silver markets.

Sunday, November 27, 2016

Europe Will Devalue Or Dissolve - Welcome To The Currency War / Interest-Rates / Eurozone Debt Crisis

By: John_Rubino

No rest for the wicked. With the shockwaves from Brexit and President Trump still reverberating around the world, the established order is bracing for more bad news. Next up is a December 4 Italian constitutional referendum that might end the reign of centrist prime minister Matteo Renzi and replace him with a bunch of anti-euro iconoclasts from the Brexit/Trump part of the spectrum.

Sunday, November 27, 2016

Italian Bank Collapse European Sovereign Bond Carnage, Criss-Crossed Fuses & Lit Bonfire / Interest-Rates / Financial Crisis 2016

By: Jim_Willie_CB

Many are the potential fuses to be lit, which would create the conflagration, the massive bonfire of the bond vanities and bank charades. Many are the fuses lying around, all criss-crossed, all exposed, all overlapping each other in highly dangerous manner. If any single fuse is lit, then several will light and the detonation arrives. It is unavoidable since the financial world is so deeply interwoven. Never in modern history has the global financial structure been so badly weakened, so totally corrupted, so thoroughly undermined by control mechanisms, so intensely defended by sanctions even war. In 2007 and early 2008, the Jackass warned of a mortgage bust that would alter the global system forever. It happened with far reaching consequences which endure to this day.

Sunday, November 27, 2016

How to Beat UK Savings Crisis with Child Junior Cash ISA, Pension's and Life-time ISA / Personal_Finance / Savings Accounts

By: Nadeem_Walayat

Britain's spanking new Chancellor, Philip Hammond recently threw some scraps at Britain's hard pressed savers with his 2.2% savings bond due to go live early 2017 by which time the CPI Inflation will be nudging 3% and RPI 4%, which illustrates its just a smoke and mirrors exercise, and even then will be limited to a measly £3k investment fixed for 3 years.

UK inflation is set to soar as I covered in my earlier analysis. And so the chancellors announcement does nothing to prevent the inevitable stealth theft of purchasing power of peoples hard earned savings and wages.

Sunday, November 27, 2016

Castro Was Not Who You Thought He Was / Politics / GeoPolitics

By: Jeff_Berwick

Castro is dead, but he achieved his purpose, which was to aggravate the Cold War, provide a test case for communism and frighten people about incipient nuclear missile exchanges.

His passing marks the end of the first phase of the Cold War. Now it is very obvious that a second phase is being prepared.

Tensions between Russia and the US are being continually heightened… and no, they are still ongoing even with the election of Trump who, under the guidance of Henry “War Criminal” Kissinger, has pledged his full support for NATO while Putin has replied that he will crush NATO.

Sunday, November 27, 2016

It's (sigh) President Trump / Politics / US Politics

By: Walter_Brasch

When Sen. Barack Obama was running for the presidency and for most of his two terms, the Tea Party right-wing claimed he was born in Kenya, that he was a radicalized Muslim, and was unfit to be president. The rise of the Tea Party led to a rise of racist ideology and an increase of violence during political rallies.

After Sen. Obama’s election, Sen. Mitch McConnell, Senate majority leader, said the Republicans’ primary direction was solely to block whatever the new President wanted to do. Other Republicans chimed in that President Obama was out to destroy the country. The country did not destruct under the Obama Administration.

Saturday, November 26, 2016

Italy: The Biggest Elephant Jeopardizing Europe and the Euro / Politics / Euro-Zone

By: Jeff_Berwick

Not just the euro, but the entire European Union may be in jeopardy next week when the Italians vote on a constitutional referendum initiated by Prime Minister, Matteo Renzi.

What a Jubilee year it has been. First Brexit, then Trump and now it appears Italy is on the cusp of also escaping the grasp of the European Union.

Saturday, November 26, 2016

Understanding the Trump Presidency , Beyond Merkel / Politics / GeoPolitics

By: STRATFOR

By Reva Goujon : We hear all the time about how the world "should" work. Self-proclaimed liberals and conservatives, Keynesians and Reaganites, humanists and hawks, globalists and nationalists have crammed the airwaves and filled our Twitter feeds with policy prescriptions, promoting their worldview while scorning others'. But after the emotionally charged year this has been, I suspect many people are growing weary of big theories and cursory character assassinations. Instead, it may be time to replace the pedantry with something more fundamental — and less divisive — in which to ground our thoughts and make sense of the world.

Saturday, November 26, 2016

US Stocks Bull Market New All Time Highs / Stock-Markets / Stock Markets 2016

By: Tony_Caldaro

The market started the week at SPX 2182. After a gap up opening Monday the market rallied to SPX 2205 by Tuesday. Then after a pullback to SPX 2195 on Wednesday the market closed out the week at a new closing high of SPX 2213. For the week the SPX/DOW gained 1.45%, and the NDX/NAZ gained 1.40%. Economic reports were mostly positive. On the downtick: weekly jobless claims and the trade deficit both increased. On the uptick: existing home sales, durable goods, the FHFA, consumer sentiment and the WLEI. Next week’s reports will be highlighted by Q3 GDP, monthly payrolls, the PCE and the FED’s beige book. Best to your week!

Saturday, November 26, 2016

Silver Mining Stocks Q3 2016 Fundamentals / Stock-Markets / Stock Markets 2016

By: Zeal_LLC

The silver miners recently finished reporting their third-quarter results, offering a hard fundamental look into this sector.  This reality check is valuable given the fierce winds of bearish sentiment buffeting silver stocks in recent months.  Despite their huge correction, the elite silver miners’ fundamentals remain strong.  They are producing at costs far below prevailing silver levels, with profits poised to soar as silver recovers.

Saturday, November 26, 2016

Stock Market Missing Piece of the Puzzle Now in Place / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

As SPX went above 2208.42 I had to ask myself, “What have I missed?”

As I observed the Wave structure, there was an anomaly. The bounce to 2171.36 had the form of an a-b-c. Either it was the beginning of an Ending Diagonal or part of another formation that I had missed.

Saturday, November 26, 2016

MSM's Stock Market Druck'n Suck-In Continues / Stock-Markets / Stock Markets 2016

By: Gary_Tanashian

Disclosure (which I feel, given the post's content, should be reiterated):  I am not short even a single equity of any kind. I am only long selected stocks and cash at this time, but surely subject to a change of status in the future.

Why, did you know that in a note to clients Tom Lee wrote that Donald Trump's term could usher in major bull market akin to those preceded by Ike and Reagan?  He did, in a note to clients and the MSM really wants you to know about it!  Now, there is a case that eventually his favored areas of Energy, Mining, Basic Materials, etc. will out perform. But that word "eventually" is an important one, unless you are a died in the wool trickle downer willing to ride the big correction or bear market that is likely first.

Saturday, November 26, 2016

What Does Trump Mean for Gold Investments? / Commodities / Gold and Silver Stocks 2016

By: The_Gold_Report

The market reaction to Trump's election victory—stocks and the dollar up, gold down—was the opposite of what had been widely foreseen. Money manager Adrian Day takes a look into what happened and why, and discusses the outlook going forward.

At the core of the market reaction are interest rates. Bonds declined sharply on the Trump victory. They had already been falling for the last several months, and the growing conviction of a rate increase in December stepped up the decline. Trump, with his grandiose spending and debt plans, only exacerbated that decline.

Saturday, November 26, 2016

Gold Price Down 13.5% In 13 Days - Opportunity For Geometric Price Cost Averaging / Commodities / Gold and Silver 2016

By: GoldCore

• Gold down 13% in 13 trading days since Trump election
• Factors that have led to lower gold prices
• Trump bearish for gold in coming four years?
• ‘Trumpflation’ cometh
• Sharia gold – vaulted gold accessible to 110 million new investors
• What to do? Diversify and geometric price cost average

Saturday, November 26, 2016

Tips for Trading Options with Elliott Waves / InvestorEducation / Elliott Wave Theory

By: EWI

EWI Senior Tutorial Instructor talks about the benefits of applying Elliott waves to options trading

In this new interview, Wayne Gorman, the head of our Educational Resources Department, offers tips and strategies for options traders.

[Editor's note: The text version of this interview is below.]

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.

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.

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!

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!