Tuesday, June 14, 2016

Stock Market Caution / Stock-Markets / Stock Markets 2016

By: Marty_Chenard

Well, the Banking Index (the BKX) is holding its up trending and support for now, but its longer term trend is showing a down trending channel.

The pressure is on with the 30 Relative Strength reading coming in at 50.54 (or 00.54 on our CRSI indicator).

At the same time, the Accelerator and the Timing indicator are showing down moves, so we could see trouble at this time. Be very careful now.

Monday, June 13, 2016

Does the Fort Knox Gold Really Exist? / Commodities / Gold and Silver 2016

By: DeviantInvestor

The Fort Knox Bullion Depository OFFICIALLY contains 147.3 million ounces of gold.

REALITY:

The gold is listed on paper and in official pronouncements.

However, it has also been officially pronounced that:

Monday, June 13, 2016

Fascism: A Bipartisan Affliction / Politics / US Politics

By: Dr_Ron_Paul

If neoconservatives and progressives truly understood fascism, they would stop using the word as a smear term. That is because both groups, along with most political figures and commentators, embrace fascist ideas and policies.

Fascism's distinguishing characteristic is a "mixed economy." Unlike socialists and communists who seek to abolish private business, fascists are content to let business remain in private hands. Instead, fascists use regulations, mandates, and taxes to control business and run (and ruin) the economy. A fascist system, then, is one where private businesses serve politicians and bureaucrats instead of consumers. Does the modern American economy not fit the definition of fascism?

Monday, June 13, 2016

Gold In Sterling Up 1.7% On BREXIT Jitters - Surges 10% In June / Commodities / Gold and Silver 2016

By: GoldCore

Gold in sterling has risen another 1.7% today due to deepening BREXIT jitters with just 10 days left until the referendum on June 23. The flight to gold and sell off in sterling came as Asian and European stock markets fell and European equities headed for their lowest close since February.

Gold in sterling has risen from £892.50/oz to £908/o today and is up 10% in the first 9 trading days of June, from £827 to £908/oz, as investors diversify into safe haven gold due to concerns Britain will vote to leave the European Union.

Monday, June 13, 2016

Who’s Really The Fascist? / Politics / Social Issues

By: Raul_I_Meijer

Like most of you, I too see an increase in the use of the term ‘fascism’ in the media, and it is -almost- always linked to the rise of Donald Trump in the US and various politicians and parties in Europe, Le Pen in France, Wilders in Holland, Erdogan in Turkey, plus a pretty bewildering and motley crew of ‘groups’ in Eastern Europe (Hungary’s Orban) and Scandinavia. I guess you could throw in Nigel Farage and UKIP in Britain as well.

Monday, June 13, 2016

Stock Market Uptrend's Reversal Or Just Short-Term Downward Correction? / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,000, S&P 500 index).

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:

Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral

Monday, June 13, 2016

Former Fed President: All My Very Rich Friends Are Holding a Lot of Cash / Stock-Markets / Investing 2016

By: John_Mauldin

BY TONY SAGAMI : If you put together a list of the world’s most brilliant, most famous investment experts… they were all at John Mauldin’s Strategic Investment Conference last month.

My head is still spinning with all the information and investment ideas I heard at the conference, but the consensus among the majority of speakers was that things are going to get ugly.

Monday, June 13, 2016

China’s Maritime Moves Are Nothing More Than a Show of Strength / Politics / China US Conflict

By: John_Mauldin

BY GEORGE FRIEDMAN : The Chinese have a strategic problem in the South and East China Seas. China is obviously interested in what happens in these waters, but there is much speculation as to why the level of interest is so high.

The answer is simple: China wants to keep foreign powers away from its coast and away from waters vital to its global trade routes.

China’s greatest threat in these waters is the United States. Given the size of the US Navy and the location of the islands off China’s coast, the Navy is capable of blocking China's access to the ocean. This would deal a serious economic blow to China.

Monday, June 13, 2016

Keynesian Economics Versus Austrian Economics - Video / Economics / Economic Theory

By: Mario_Innecco

hi it's monday jun 13 2016 home of alternative economics and contrarian views
this morning I want to talk about the difference between the cannes in school
of economics and the Austrian School of Economics because you might be thinking
what is alternative economics and in my view that's what alternative economics
is today is the Austrian School of Economics Austrian School of Economics
is based on the studies of Austrian scholars from the 19th century and it
was followed through by economist's like ludwig von mises Africa
friedrich hayek Murray Rothbard from the US and yeah that's the are strange
school that the proponents of the Austrian school usually while not
usually the proposer ask our school argue that economics is not a science
economics is based on human action and of course human action is not predictable

Monday, June 13, 2016

REMAIN Support Collapses as BrExit, LEAVE Jumps into 19 Point EU Referendum Lead / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

With the EU referendum vote just 10 days away, the latest opinion poll to be released now gives LEAVE an incredulous 19 point lead over REMAIN (52% to 33% with 15% don't knows). Which implies a complete and utter collapse of the REMAIN vote that had until literally days ago held a typical lead of between 6% and 12% over LEAVE for the past 6 months.

Monday, June 13, 2016

Presidential Dictatorship / Politics / Social Issues

By: Antonius_Aquinas

Executive orders, undeclared wars, drone hits, assassination of citizens and non-citizens alike, the overthrow of foreign regimes, domestic spying, the abetting of known criminal activities through pardons, economic planning, opening borders, monetary manipulations are just some of the nefarious activities that routinely emanate from the most dangerous political office that the world has ever painfully come to know – the United States Presidency!

Monday, June 13, 2016

Stock Market Correction Near / Stock-Markets / Stock Markets 2016

By: Brad_Gudgeon

According to my read, the stock market as measured by the S&P 500 is about to enter roughly a 12 to 13% correction. A few weeks ago, I wrote about the dates July 5th and November 29th as being possible important cycle lows for the stock market this year.

Monday, June 13, 2016

Stock Market Overhead Resistance Prevails / Stock-Markets / Stock Markets 2016

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend: A lengthy correction is most likely underway!

SPX Intermediate trend: Overhead resistance appears to have prevailed and turned prices short of making a new high.

Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.

Monday, June 13, 2016

The BrExit Game - Boris Johnson LEAVE vs David Cameron REMAIN Propaganda Zombies / ElectionOracle / EU_Referendum

By: Adnaan_Walayat

Here is our fun to play and highly addictive FREE 'The BrExit Game', a special EU referendum first person shooter featuring BrExit hero Boris Johnson doing battle against a horde of David Cameron zombies, battling for votes by defeating the propaganda zombies and accruing activists so as to buy votes gaining fire power and to unlock and explore more areas of the electoral map.

Sunday, June 12, 2016

Free Trade, Brexit, and the WTO / ElectionOracle / EU_Referendum

By: MISES

Carmen Elena Dorobăț writes: The debate surrounding the EU referendum in Britain, scheduled in two weeks, and the fate of the UK outside of the EU, is now in full swing. Unsurprisingly, little of substance has been said so far on the issue. One would expect that both sides would be better prepared with arguments to support their cause, but many aspects discussed have not only been erroneous, but have appealed to people’s fear rather than their intelligence. Both the Remain and the Leave camps have failed to show how either decision would enhance economic and political freedom; instead, they have tried to one-up each other in the preservation and growth of the existing welfare state, military complex, and bureaucratic apparatus.

Sunday, June 12, 2016

What Makes Venezuela Different / Politics / Venezuela

By: MISES

Ryan W. McMaken writes: Unlike other leftist South American regimes, the Venezuela regime has intentionally crushed even the middle and working classes.

The economic disaster in Venezuela has prompted many to take a look at the country and attempt to understand what it is that has made things so bad in Venezuela. 

Sunday, June 12, 2016

NYA/TLT 2y, Weekly Chart & Analysis - Bearish View / Stock-Markets / Stock Markets 2016

By: Joseph_VanDerveer

Chart below shows a comparison of up-trending TLT and down-trending NYA.  I would like to point out the two TLT spikes and lows in the market indicated by the 2 gray vertical boxes.  With that in mind, TLT looks to be breaking to the upside with a weekly close higher then previous and mid channel resistance.

Sunday, June 12, 2016

Real EU Immigration into UK DOUBLE ONS Statistics - National Insurance No's / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

The mainstream press has belatedly been waking up to the fact that the UK governments official migration statistics compiled by the ONS under report real permanent immigration from the EU by at least 50% per year! For instance ONS EU immigration stats since 2011 saw a net 1.1 million european union migrants permanently settle in the UK. However during this same time period 2.2 million National Insurance numbers were issued to european migrants. I have been flagging this huge persistent disparity in numbers for several years now that illustrates that the official immigration statistics just cannot be trusted!

Sunday, June 12, 2016

EU Referendum Forecast, REMAIN Panics on BrExit LEAVE Shock 10 Point Lead / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

The REMAIN camp has been thrown into a state of PANIC as the latest opinion poll now puts LEAVE in a 10 point lead. The opinion poll by ORB for The Independent puts LEAVE on 55% and REMAIN on 45%, which compares against an ORB poll of just a week ago that had REMAIN ahead on 52% against LEAVE on 40% and 8% undecided.

So clearly the REMAIN campaigns 'operation fear' has failed that saw establishment voices spelling out Brexit disaster on a daily basis from the Bank of England to billionaires to politicians with their snouts in Brussels trough, to even President Obama making a panic visit to preach to the British people to STAY within the European Union as being in the best interests for America, all of which has apparently had the OPPOSITE effect as LEAVE's dad army-esk campaign headed by Boris Johnson and Michael Gove has managed to successfully repel the Euro-phile attacks.

Saturday, June 11, 2016

US Rapidly Approaching Recession, Best Stocks Trade Setup in 8 Years is Back! / Stock-Markets / Stock Markets 2016

By: Graham_Summers

The US is now rapidly approaching, if not already in a recession.

The media likes to talk about unemployment. But the unemployment rate is so gimmicked to make the economy look strong, that even THE FED had to create its own employment metric.

When even the Fed calls out data for being phony, you know it’s complete fiction.