Sunday, April 10, 2016

Archbishops Father is Not God! What if Jesus had a DNA Test? / Politics / Religion

By: N_Walayat

The Archbishop of Canterbury, Justin Welby following a DNA test to put press rumours to rest was instead shocked to discover that his real father turned out to be someone other than the man who had raised him from birth, as apparently his mother had slept with Winston Churchill's last private secretary whilst drunk resulting in the conception of Justin, all of which was just days before her marriage to the man who Justin would think was his father for 60 years.

Saturday, April 09, 2016

U.S. Real Estate & Fed, Systemic Risk is Rising Quickly / Housing-Market / US Housing

By: Chris_Vermeulen

The Federal Debt:

The current amount The U.S. Government owes is over $19 trillion and therefore it is mathematically impossible to pay back. They will never be able to pay this back.  Central bankers are in uncharted waters. They do not know how to create economic growth and fight deflation in some areas of the market.  They do not know how to even return to a time of “normal” monetary policy.   Their pretense of knowledge, of being able to effectively control currencies used by billions of people, is coming to an end.

Saturday, April 09, 2016

The Minimum Wage Debate – So What? / Economics / Wages

By: Andy_Sutton

There has been an incredible amount of posturing, debate, and arguing over the minimum wage situation – particularly surrounding recent events in California and New York where legislation was recently signed into law that would effectively double the nominal minimum wage over the next several years – 6 years in California, and 3 in New York City. The rest of New York will see the changes phased in over a longer period of time.

Instead of diving headlong into the useless arguing and name-calling, I think it is important to take a step back from the dogmatic rhetoric we hear on television, from the media, our legislators, and those in academia and take a hard look at the economics behind the idea of having a minimum wage to begin with. This going to take a bit of a leap for pretty much all of us since we’ve either grown up with a minimum wage in place or have had a job that paid minimum wage at some point – myself included.

Saturday, April 09, 2016

Is Silver a Long Term Buy or Bull Trap / Commodities / Gold and Silver 2016

By: Submissions

Vimal Patel writes: Conflicting charts patterns suggest we may be entering a long term Bull market

Saturday, April 09, 2016

Gold and Silver: Ripe for a Recovery! / Commodities / Gold and Silver 2016

By: Peter_Zihlmann

China May well Change the Game

Saturday, April 09, 2016

Stock Market Risk-off Gaining Momentum / Stock-Markets / Stock Markets 2016

By: Tony_Caldaro

The week started at SPX 2073. After an attempt to make new uptrend highs on Monday the market pulled back to SPX 2043 by Wednesday morning, then rallied to 2061 in the afternoon. Thursday’s gap down opening took the market down to SPX 2034. Friday had a gap up opening carrying the market to SPX 2061. Then the market reversed to end the week at 2048. For the week the SPX/DOW lost 1.2%, the NDX/NAZ lost 1.3%, and the DJ World index lost 0.7%. On the economic front reports came in even. On the uptick: ISM services, consumer credit, the WLEI, plus weekly jobless claims improved. On the downtick: factory orders, wholesale inventories, the GDPN, plus the trade deficit widened. Next week’s reports will be highlighted by Industrial production, the FED’s beige book and the CPI.

Saturday, April 09, 2016

Gold And Silver - Fallacy Of East v West And Price Of Precious Metals / Commodities / Gold and Silver 2016

By: Michael_Noonan

The ongoing draining of gold from West to East is not a sign of deteriorating viability of the globalists and their takeover/total control of the world. The Game remains the same, the controlling elites remain the same, it is only the players that are changing: China, Russia, replacing US, UK/EU.

Take Putin, aka Russia, for example. He has had a long-term association with Heinz [Henry] Kissinger, a higher-tiered "gofer" for the global elites. They met again in early February, when Putin welcomed globalist-NWO-agenda-pusher Kissinger as an "old friend," referring to him as a "world class politician." Putin embracing a globalist is no accident.

Saturday, April 09, 2016

Trump's Path to 1,237 Is NOT Mission Impossible! / ElectionOracle / US Presidential Election 2016

By: Mike_Shedlock

Yesterday I wrote Mish Projection: Trump Wins Nomination with 1,246 Delegates (9 More than Needed) .

I almost held off for a day posting that. Typically, when I do that, I regret it. Someone else beats you to the idea (or appears to), even though you had the idea first.

Today, Nate Cohn at the New York Times writes Donald Trump's Path to 1,237 Is Not Mission Impossible .

I predicted a winner, Cohn didn't. However, our reasoning, and even the states we mentioned were nearly identical.

Saturday, April 09, 2016

Stock Market Weekly Charts Showing Some Hesitation At Trend Line Resistance... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

So the market gapped up again as usual this morning due to the fed speak from last night. Any time the fed opens her mouth the market can't wait to rise. Flat futures became rocking futures even though the action from yesterday was quite bearish in nature for the very short term. Follow through for the bears? Are you becoming a comedian? No chance. Even before the fed spoke the futures were only flat. No follow through even in the futures to a bearish candle stick day. So the market blasted up today and went higher after that as usual but finally those very elevated Macd and other oscillators kicked in a bit and allowed the market to print more short term bearish candles. Will it matter? Probably not but a short term warning sign nonetheless even though you can not count on any normal technical analysis to work these days. We trade on the fed, not technical's.

Saturday, April 09, 2016

Can Silver Keep Pace With Gold? / Commodities / Gold and Silver 2016

By: David_Morgan

By Debbie Carlson | Contributor: Some investors like silver’s dual status as an alternative currency and industrial commodity.

Gold’s surprising strength in price is capturing headlines, but another precious metal, silver, is chasing gold’s coattails – without the fanfare.

Silver futures are up about 8.5 percent this year, making it stand out among other commodities and financial markets. Investors snapped up coins, with U.S. Mint data showing March silver coin sales were up 17 percent over the previous year’s figure. Inflows into silver-backed exchange-traded funds witnessed their highest monthly inflow since December 2010, according to Commerzbank.

Saturday, April 09, 2016

Rickards Confirms Gold Shortages: China Wants Way More Than Can Be Obtained / Commodities / Gold and Silver 2016

By: MoneyMetals

Exclusive Interview with Jim Rickards on the Confused Fed, Gold Manipulation, and Negative Interest Rates

Dear Reader,

Hi, best-selling financial author and trusted government currency adviser Jim Rickards here.

If you haven’t heard, I’ve just released a new book called The New Case for Gold. The book warns of a few critical dangers that every American should begin preparing for right now.

Saturday, April 09, 2016

Stock Market Resistance has Failed / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

SPX bounced to 2060.69, then impulsed back down through the trendline. It appears to have finished correcting that decline. This may be an excellent time to add short positions.

The fact that the Fed will Hold a Closed, Unexpected Meeting Under "Expedited Procedures" On Monday To Discuss Rates adds to the intrigue for what may happen on Monday.

Friday, April 08, 2016

Hank Paulson "I don't think we'll see a President Trump" / ElectionOracle / US Presidential Election 2016

By: Bloomberg

Former U.S. Treasury Secretary Henry Paulson joined "Bloomberg <GO>" this morning to discuss the Chinese economy, corporate taxes, and the 2016 Presidential race.

On China, Paulson said it is "an economy in transition and it's got some very serious challenges, short term, intermediate, and long." He added: "the solution to all of them, rebuilding confidence and dealing with the debt and new drivers of growth are speeding up the reforms, and the reforms that they need to put in place to really scale back the state owned enterprises, these oligopolies, put them on a level playing field and let the private sector do what they need to do.  And it's a matter of political will."

Friday, April 08, 2016

Gold Stocks Breakout, Gold to Follow / Commodities / Gold and Silver 2016

By: Jordan_Roy_Byrne

Last week we concluded:

As long as the gold stocks continue to hold support for another week or two then the near term outlook is bullish. A bull flag is a consolidation pattern that separates two strong moves. It could be developing in the miners. There is logical reason to be cautious if not bearish at this point. The metals look okay at best while the miners remain somewhat overbought. However, the action in the miners, if it continues for another few weeks is telling us what could be ahead.

Friday, April 08, 2016

Bitcoin Price Volatility Deceptively Low / Currencies / Bitcoin

By: Mike_McAra

In short: short speculative positions, target at $153, stop-loss at $515.

A custom Bitcoin-based record-keeping system has been tested on credit default swaps (CDSs), we read on the Wall Street Journal website:

Banks including J.P. Morgan Chase & Co. and Citigroup Inc. have successfully tested the record-keeping technology behind bitcoin on credit-default swaps, a move that could help it gain a foothold in mainstream finance.

Friday, April 08, 2016

Crude Oil Price $85 Forecast By Christmas / Commodities / Crude Oil

By: OilPrice_Com

After a 50 percent rally in oil prices between February and March, crude has retreated a bit as of late. The upcoming OPEC-Russia meeting in Doha looms over the markets, but few expect the outcome to have any material impact on supply and demand. Global supply still exceeds demand, but there are solid signs that the overhang is finally starting to ease. Storage levels are high, but are expected to come down.

Friday, April 08, 2016

Gold Defies Stocks Bear Market Rally / Commodities / Gold and Silver 2016

By: Zeal_LLC

Gold has spent much of the past couple months consolidating, vexing traders and bleeding away most of early 2016’s enthusiasm that catapulted the yellow metal higher.  But this sideways grind has actually been a very impressive show of strength.  Gold managed to hold its massive gains despite an incredible stock-market rally, which can really sap gold investment demand.  This portends another major gold upleg.

Gold’s performance this year has been nothing short of remarkable.  This unique portfolio-diversifying asset that tends to move counter to stock markets was universally loathed as recently as December.  It actually fell to a 6.1-year secular low the day after the Fed’s first rate hike in 9.5 years.  The vast majority of investors scoffed at gold, believing it was doomed to spiral lower indefinitely with the Fed tightening.

Friday, April 08, 2016

Oor 'Lawnmower' Economy - Financiers Skim Profits While Main Street Stagnates / Economics / US Economy

By: Gordon_T_Long

Charles Hugh Smith and Gordon T Long share their thinking on why the middle class in America has been experiencing a steady decline in their real standard of living over the last four decades and why the decline has recently accelerated. Their is a fundamental reason why productivity is falling while corporate profits soar and the employment participation rates falls.

Friday, April 08, 2016

Making the Most of Your Personal Freedom and Financial Opportunity Around the World / Personal_Finance / Investing 2016

By: Casey_Research

(Editor’s Note: This is Doug Casey’s foreword to Casey Research’s Handbook for Surviving the Coming Financial Crisis.)

Right now, we are exiting the eye of the giant financial hurricane that we entered in 2007, and we’re going into its trailing edge.

It’s going to be much more severe, different, and longer lasting than what we saw in 2008 and 2009.

Friday, April 08, 2016

Gold Sector: Macrocosm Updated / Commodities / Gold and Silver 2016

By: Gary_Tanashian

We do in depth analysis on a weekly basis (and every day in-week) because there is no substitute for working to be right with the market's evolving situation as opposed to making bias or ego stoked calls in hopes of being right.

The current situation has seen some calling 'bullish' on the stock market despite a still intact bear trend (noted repeatedly in NFTRH ), people going bullish on commodities despite their "bounce only" (also noted repeatedly) status in the absence of real, market-based inflation signals (which I do think are coming soon) and global markets bouncing within bear trends of varying degrees.