Wednesday, June 15, 2016
EUR-USD : Strong Jobs Numbers Suggest Fed Reluctance to Raise US Interest Rates / Currencies / US Dollar
By: Submissions
Options Shark writes: In spite of currently dismal employment numbers, Janet Yellen, Federal Reserve Chair, has announced that federal interest rates will increase. Economists expect to see changes as late as September or July of this year; some believe the rate could be raised as much as twice. Prior to December, the federal interest rate was a steady 0% for the previous seven years; the current rate is 0.5%. The raise in December was monumental after the economy steadily climbed thanks to the central bank’s decision to lower the rate to zero.
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Wednesday, June 15, 2016
Gold Price Rally / Commodities / Gold and Silver 2016
By: Bob_Loukas
A solid bid returned to the Gold sector this past week as the market saw a solid Gold Rally. And the GLD ETF alone added more than 15 tons of Gold. The precious metals Miners, which had fallen 10% from their recent Cycle highs, rallied to recover all of their losses, and to print new 2016 highs.
Considering that the Dollar also moved sharply higher last week (and continued to start the week) out of its own Cycle Low, the action in the Gold market is surprisingly bullish. If Gold were destined to decline for one more Daily Cycle into an Investor Cycle Low (ICL), I would have expected a rising Dollar to be the catalyst to send it lower.
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Wednesday, June 15, 2016
How to Invest for Brexit Report / Stock-Markets / EU_Referendum
By: EWI
Dear reader,
If you follow Europe's major financial news networks, you're no doubt inundated by all the rumor and conjecture surrounding the Brexit referendum -- it dominates the headlines.
Back across the pond, the Washington Post calls it the "most important vote in Europe in a half-century."
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Wednesday, June 15, 2016
Stock Market Short of the Decade? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has completed two impulses down. Wave [i] ended at 2088.30. The second impulse ended at 2064.18. If it is Wave [iii], then Wave 1 may end near 2035.00 to 2040.00, a bit short of our initial target. The second impulse has filled its only gap this morning, so it is not acting like a Wave [iii]. That suggests something else is going on.
If this is a {i]-[ii], (i)-(ii) combination, then Wave (iii) may be a multiple of the two combined waves (56.37 points).
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Wednesday, June 15, 2016
Bitcoin Price Close to $700 / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
Bitcoin is on the move up. New “reasons” are being dug up for the appreciation. In a Bloomberg article, we read:
Bitcoin surged to a two-year high amid expectations supply of the digital currency will shrink next month.
The cryptocurrency rallied to $696.5 on Monday in Hong Kong, the highest since February 2014, according to data compiled by Bloomberg. It was trading at $689.23 as of 3:50 p.m. in Hong Kong, up 19 percent from Friday.
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Wednesday, June 15, 2016
This Manhattan Condo’s $250 Million Price Tag Real Could Mean US Estate Bubble Is Ready to Pop / Housing-Market / US Housing
By: Harry_Dent
I’ve been doing a lot of traveling lately. Our lease ran up at our home in Tampa many weeks ago, and my wife and I have been staying at several of our favorite spots up and down the east coast.We’re in San Juan now, but last month I got a look at this new “billionaire’s row” that’s popped up on the south side of Central Park in New York.
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Wednesday, June 15, 2016
Polish Migrants Fear BrExit But Complain of NHS Waiting Lists, Poor Quality of Healthcare - C4 News / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
The focus of Tuesdays Channel 4 News programme was on the potential impact of a Brexit on Poland and Polish migrants in the UK. The key point of note was the degree to which Poland has benefited from membership of the European Union with countless examples of near wholly funded by EU infrastructure projects right across Poland that have literally turned desolate regions into modern landscapes populated by new airports, roads, bridges, parks and cultural attraction centres that the EU excels at funding so as to put its blue flag stamp all over the regions.
Tuesday, June 14, 2016
Stock Market Sell Off Coming! / Stock-Markets / Stock Markets 2016
By: Chris_Vermeulen
This “distortion” between “risk” and “return” has created a “bubble” effect in all global equity classes. I informed my subscribers to exit the SPX on November 25th, 2014 and to enter cash. Their equity risk exposure was reduced to zero. Momentum oscillators are now extremely overbought and are very clearly trending bearish. I wait for confirmation before entering any new long SDS and long VXX positions.
This week (Tuesday) there is another FOMC meeting. The news of this monetary policy will be released on Wednesday, June 16th, 2016. Expect choppier price going into the meeting and shortly thereafter.
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Tuesday, June 14, 2016
Is Gold-to-Silver Ratio Too High? / Commodities / Gold and Silver Stocks 2016
By: Axel_Merk
The gold-to-silver-ratio is an indicator that shows how many silver ounces are required to purchase an ounce of gold. The gold-to-silver ratio is one of the most important parameters in the precious metals market, as it measures the relative value of gold and silver. Therefore, it is a useful tool indicating whether gold or silver is undervalued or overvalued relative to each other. Investors can use the ratio as a timing indicator deciding when to buy gold or silver, or which metal to buy at any given time. When the ratio is low, it means that silver is overvalued relative to gold (and vice versa).
Tuesday, June 14, 2016
QE - The Good, Bad & Ugly / Stock-Markets / Quantitative Easing
By: Axel_Merk
Are we better off with "QE", the ultra-accommodative monetary policy pursued by major central banks around the world? Is it "mission accomplished" or are we facing a "ticking time bomb"? Are extreme characterizations even warranted to describe the unconventional monetary policy of recent years, and what are implications for investors?
Tuesday, June 14, 2016
This Demographic Shift Makes Our Social Security Useless / Politics / Demographics
By: John_Mauldin
BY PATRICK COX: The 2008 financial crisis delivered a TKO to the global economy. Since then, the media has been reassuring us that the US economy is recovering.
Unfortunately, it has been the weakest post-recession recovery in modern history. Some people have seen no recovery whatsoever, and most Americans are losing ground and hope.
Why have so many people been so wrong?
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Tuesday, June 14, 2016
Savings Rate Cuts Hit ISAs Hard / Personal_Finance / Savings Accounts
By: MoneyFacts
Data from Moneyfacts.co.uk can reveal that rate reductions in the savings market have now outweighed rate rises for eight consecutive months.
In May, Moneyfacts recorded just 18 savings rate rises. Disappointingly, rate reductions over the same period completely outshone this figure, with the number of rate decreases standing at a staggering 156, with some deals falling by as much as 2.00%.
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Tuesday, June 14, 2016
Gold Stocks Ultimate Objective in a World of Monetary Transition / Commodities / Gold and Silver Stocks 2016
By: Brad_Gudgeon
Gold Tenters: Here is my study of where gold stock prices are headed over the next 10 years. I regard it as rather epic. You have seen gold bugs bloviate about pie in the sky numbers, however I am trying to do legit analysis to come up with a process which justifies an actual price objective. I encourage your feedback before I publish , consider it your weekend reading- Plunger
Tuesday, June 14, 2016
Stock Market, Gold Miners Forecasts Update / Stock-Markets / Articles
By: Brad_Gudgeon
I had an alternate I posted a few weeks ago that suggested that the S&P 500 would fall to 1995/96 by June 17, then rally strongly into month’s end. Today’s market action suggests that the alternate is the likely choice going forward.
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Tuesday, June 14, 2016
Germany Stock Market DAX H&S Break Leading ? / Stock-Markets / Germany
By: Joseph_VanDerveer
Simple daily chart for the last year on the The German Stock Index "DAX" which comprises 30 German blue chip stocks.
Notice the price fib. retracement from early Dec. high to Mid. Feb. low was hit first at the 50%, then 61.8%, then follows a lower high, and lower low. This may lead to lower prices in the near future.
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Tuesday, June 14, 2016
Philosophy of the New World Order / Politics / New World Order
By: BATR
The phrase, New World Order, just does not seem comprehensive enough to explain the circumstances that mankind is living under. The German expression, "weltanschauung" referred to as a philosophical view or apprehension of the universe is often used to ponder the human condition. Individual beliefs and understanding of the very nature of mankind was once seen in the convention of the Greek school of thought reflected in the teaching of Plato and Aristotle. Western Civilization essentially is based upon these principles and the cosmology of our heritage is involved and inseparable with an understanding of our spiritual dimension.
Tuesday, June 14, 2016
The Brexit Game - Boris Johnson vs David Cameron EU Referendum Zombies / ElectionOracle / EU_Referendum
By: Adnaan_Walayat
With EU referendum opinion polls virtually neck and neck with everything to play for so in this respect here is our own highly addictive 'BrExit Game', which is FREE, a first person shooter featuring BrExit hero Boris Johnson doing battle against hordes of David Cameron propaganda zombies, battling for votes and accruing activists so as to buy votes gaining fire power and to unlock and explore more areas of the electoral map.
Tuesday, June 14, 2016
EU Referendum: LEAVE Opinion Poll Lead of 51% to 49% Whilst Bookmaker Odds Still Strongly Favour REMAIN / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
The government and ruling establishment's Operation fear appears to be having the exact opposite effect as bogus reports on a daily basis that paint a picture for a BrExit doom resulting in REMAIN pulling ahead of LEAVE, instead it is the heavily financially disadvantaged LEAVE that has now nudged into a LEAD over REMAIN as an analysis of recent opinion polls illustrate.
Tuesday, June 14, 2016
George Soros Making Big Bets on Gold / Commodities / Gold and Silver Stocks 2016
By: The_Gold_Report
George Soros has joined fellow billionaire investors Stan Druckenmiller and Ray Dalios on investing big in gold. Precious metals expert Michael Ballanger explains what is behind these moves.
Tuesday, June 14, 2016
Stocks Bears Defending 2100+ Pivot Still No Real Selling Ahead Of Fed And Brexit... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
Nothing has changed for nearly two years now, and I say that with a sense of sadness to everyone who plays this incredibly difficult game. Long-term lateral consolidations of this length can be looked at two ways. First is when a stock or index moves laterally for a long time it usually continues the trend in place. However, there is another side to see. If the consolidation is too long, nearly two years, you have to start wondering if the market is slowly turning over.
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