Saturday, September 17, 2016

Stocks and Bonds - The Central Bankers' Experiment: The Great Bust / Stock-Markets / Financial Markets 2016

By: Doug_Wakefield

The public enthusiasm, which had been so long rising, could not resist a vision so splendid. At least three hundred thousand applications were made of the fifty thousand new shares, and Law's house in the Rue de Quincampoix was beset from morning to night by the eager applicants."

The quote above is from McKay's classic, Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, found in the first chapter, "Money Mania – The Mississippi Scheme". The Mississippi Scheme reached its final "all time high" in January 1720, and Mackay wrote about this madness in 1841.

Saturday, September 17, 2016

SPX Sell Signals Are Intact / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

SPX is struggling to make a 50% retracement of this morning’s decline. It appears complete, but we cannot rule out an algo attack in the final minutes. SPX remains on a sell signal.

Saturday, September 17, 2016

Practice, Practice, Practice Makes Perfect Elliott Wave Analysis / InvestorEducation / Elliott Wave Theory

By: EWI

Tips on the best way to improve your wave-counting skills

In this new interview with our Senior Instructor Jeffrey Kennedy, he tells you about the four key principles that'll help improve your Elliott wave skills.

Friday, September 16, 2016

Why Has Gold Stalled? / Commodities / Gold and Silver 2016

By: Zeal_LLC

Gold’s young bull market has totally stalled out in the past couple months.  This major loss of momentum following gold’s powerful surges in 2016’s first half is really souring sentiment and vexing traders.  They are trying to figure out if gold’s recent consolidation drift is the dawn of a new bearish trend or a healthy pause within an ongoing bull.  The likely answer comes from understanding what’s causing gold’s high consolidation.

Back in mid-December right after the Fed’s first rate hike in 9.5 years, gold slumped to a miserable new 6.1-year secular low.  That was driven by heavy gold-futures selling from speculators, who were utterly convinced higher rates are gold’s mortal nemesis.  But with bearishness so extraordinary and investors’ gold allocations so low, a mighty mean reversion higher for gold was very likely in 2016 as I wrote in late December.

Friday, September 16, 2016

Trump or HIlary? Which Presidents Have Been Best for the Gold Market? / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

In previous articles, we have examined the gold’s performance in different election cycle years. Now, we deepen our analysis and investigate the behavior of the shiny metal in each presidential cycle in more detail. We analyze how gold performed under each President and which governing party (or whether the new President is an incumbent or a newcomer) affects the gold market the most.

The first cycle ran from 1973 to 1976, when Richard Nixon (who in 1971 closed a gold window), and later, after the Watergate scandal, Gerald Ford were in office. As the gold standard was abandoned, while inflation and uncertainty surged, it was a good period for the shiny metal, which rallied 114.27 percent.

Friday, September 16, 2016

US Election 2016 - Why Your Vote Doesn’t Count / ElectionOracle / US Presidential Election 2016

By: David_Galland

Dear Parade-Goers,

In our quest for perpetual summer, this week we are transitioning back to our Argentine home. As a result, I intend to be brief, though there are a couple of observations I want to share related to the pending US presidential election.

On the musical front, I am still mostly stuck on Dire Straits, a group I haven’t paid much attention to until recently. As the parade begins, I am teeing up the entire album of their greatest hits.

Friday, September 16, 2016

The Financial Crisis Is Escalating! / Stock-Markets / Financial Crisis 2016

By: Chris_Vermeulen

Deutsche Bank and Commerzbank are presently in the process of merger talks. The fact that these meetings are occurring is a signal that Germany’s banking troubles are indeed accelerating.

Friday, September 16, 2016

Italy Is the Mother of All Systemic Threats / Stock-Markets / Eurozone Debt Crisis

By: John_Mauldin

BY GEORGE FRIEDMAN : Italy has been in a crisis for at least eight months, though mainstream media did not recognize it until July. This crisis has nothing to do with Brexit, although opponents of Brexit will claim it does. Even if Britain had voted to stay in the EU, the Italian crisis would still have been gathering speed.

The high level of non-performing loans (NPLs) has been a problem since before Brexit. It is clear that there is nothing in the Italian economy that can reduce them. Only a dramatic improvement in the economy would make it possible to repay these loans. And Europe’s economy cannot improve drastically enough to help. We have been in crisis for quite a while.

Friday, September 16, 2016

These 3 Investments Are the Plays to Make During Recession / Stock-Markets / Investing 2016

By: John_Mauldin

BY PATRICK WATSON: The global economy is stuck in neutral in spite of the “whatever it takes” efforts of central bankers.

The eventual fallout from near zero or even negative interest rates is a huge unknown. Given the lack of historical precedent, even the best and brightest market observers admit it’s hard to create useful macroeconomic models.

Friday, September 16, 2016

Deutsche Bank Initiates Coverage of Silver Wheaton / Commodities / Gold and Silver 2016

By: The_Gold_Report

Citing a strong balance sheet and a large portfolio of diverse gold and silver streaming assets worldwide, Deutsche Bank has initiated coverage of Silver Wheaton with a Buy rating.

Friday, September 16, 2016

War is Peace, Silver is Plentiful, and Other Misconceptions / Commodities / Gold and Silver 2016

By: Dr_Jeff_Lewis

The urgency for owning a financial put against the stupidity of central planners and politicians grows by the minute.

We continue to witness a multifaceted array of failure heaped upon failure while repeating history on a dramatic scale.

One of the great new wonders of the modern world is the credibility given to high profile economists.

Friday, September 16, 2016

Another Billionaire Warns of Catastrophic Depths Not Seen in 5,000 Years – and Emphasizes Gold / Stock-Markets / Financial Crisis 2016

By: Jeff_Berwick

In past issues, we’ve documented increasingly concerned billionaires warning of dangerous economic times. Many have favored gold as an alternative allocation in a world where $13 trillion-worth of debt is negative yielding, interest rates are artificially suppressed and we’re on the brink of major wars.

The newest addition to this gold-loving billionaire’s club, is none other than hedge-fund manager Paul Singer. At CNBC’s Delivering Alpha Investors Conference this week, the founder of the $27-billion Elliott Management Fund, the 17th largest hedge fund in the world, mentioned that at current prices gold is “undervalued” and “underrepresented in many portfolios as the only … store of value that has stood the test of time.”

Friday, September 16, 2016

Is The SPX Stock Market Top Finally In? / Stock-Markets / Stock Markets 2016

By: Chris_Vermeulen

The market is EXTREMELY oversold and is not yet in the Trending Mode!  Therefore, with NO CONFIRMED Trend and oversold momentum oscillators, the market should bounce back, early this week.  The SPX was in a Bollinger Band Squeeze for 5-6 weeks, but finally broke down, last Friday, September 9^th, 2016.  Every asset class was down.  This is NOT “buy the bounce” situation.

Friday, September 16, 2016

Stock Market Seatbelts Buckled? / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

SPX continued its retracement to the 76.78% retracement level, very close to the 78.6% Fib retracement. The stopper appears to be the lower trendline of the Orthodox Broadening Top. This potentially adds validity to the formation and indicates a panic decline to its Average Target.

The average decline from the bottom trendline is 23%, while the majority of those declines are usually 20% or more.

Thursday, September 15, 2016

US Election 2016 Fraud Probabilities / ElectionOracle / US Presidential Election 2016

By: DeviantInvestor

It is an election year and the media has obsessed over Trump’s inflammatory statements and HRC’s health. A recent Google search for “Hillary’s health” showed 140 million hits. Parkinson’s has been widely mentioned.

Thursday, September 15, 2016

Apple Tax Grab by EU Invades IRS Airspace / Politics / Taxes

By: John_Browne

On August 30th, the European Union (EU) Commission ordered the Irish government to reclaim some $14.6 billion of so-called back taxes plus interest from Apple Inc. The order challenged sovereign tax authority within the EU and well-established international tax rules. The aggressive stance of the Commission set off a furor of high level political argument among taxing authorities and multinational companies accustomed to complex but legal international tax planning. Apple's case was big enough to place it at center stage in a simmering problem for governments in striking a balance between attracting businesses, creating jobs, generating taxes and deciding precisely what type of earnings can be taxed.

Thursday, September 15, 2016

Next Financial Crisis Will be Far Worse than 2008/09 / Stock-Markets / Financial Crisis 2016

By: Chris_Vermeulen

We are living in “extraordinary” times, which will end with unpleasant consequences. The world is looking towards the Central Banks to sort out these problems, whereas, the Central Banks are clueless about how to handle this situation.

Never in history has the world seen 30% of global government debt at “negative yields”. This is an experiment, which is unlikely to end with a good result.

Thursday, September 15, 2016

Crude Oil Prices: Investors Getting Comfortable with New Levels? / Commodities / Crude Oil

By: Nicholas_Kitonyi

When the price of oil breached above the $50 level, everyone thought alas, we could be hitting $70 before the end of the year. It was a steady rally that appeared to have turned the tide completely. However, things did not turn out as earlier predicted. Within no time, oil prices dropped again below $50 and have since failed to reach those levels. If anything, there are fresh fears that the price of crude oil could drop below $40 if the production levels remain unchecked.

Thursday, September 15, 2016

3 Clear Signs the US Stock Market Is Doomed / Stock-Markets / Stock Markets 2016

By: John_Mauldin

BY TONY SAGAMI : The Dow Jones Industrial Average has been going sideways ever since the Commerce Department reported that retail sales in July came to a grinding halt (0.0%).

At the same time, companies including Starbucks, McDonald’s, Ford, Burberry, and Gap are reporting disappointing sales. That means trouble in shopping paradise.

Thursday, September 15, 2016

The Fed’s Monetary Monkeying Is Ruining Your Retirement and the Economy / Interest-Rates / Negative Interest Rates

By: John_Mauldin

The Fed’s mission is to maintain a stable inflation rate while spurring employment. Its main tools are the money supply and interest rates.

What is an interest rate? You might describe it as the price of money. Or in investment terms, it’s the price of liquidity. You don’t have cash now, but you expect to have it in the future.