Sunday, March 13, 2016
Gold and Silver - Central Banks As Financial Cosmeticians / Commodities / Gold and Silver 2016
Today was just one of those days where the 'invisible hand' tries to instill some confidence in the wise and benevolent judgement of the money masters, after a central bank, in this case the ECB, does something very visible and 'lays an egg' in doing it.
So after all this today, are you feeling more confident in The Recovery™?
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Sunday, March 13, 2016
It’s Too Early To Short Stocks / Stock-Markets / Stock Markets 2016
Here are the cons to shorting the stock market:
The Fed and the PPT have a printing press. They have access to unlimited amounts of money, and they are extremely motivated in keeping the stock market propped up.
Most of the world is experiencing negative interest rates. Money is flowing out of those bond markets and it has to land on something.
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Sunday, March 13, 2016
Stocks Bear Market Rally or Not? / Stock-Markets / Stock Markets 2016
Everyone wants to really know if this is a bear market rally or will it make new all time highs on the SPX. It's been a while since I wrote an article, but in my last article I was looking for a minor new high for the SPX. To end the bull market that started from 2009. We never did see that, although we did see a new bull market high on the NDX.
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Saturday, March 12, 2016
The Gold Correction Is Here / Commodities / Gold and Silver 2016
Ben Morris writes: The price of gold is up 21% since the middle of December... from $1,051 an ounce to $1,270.
Saturday, March 12, 2016
Stocks Bear Market Rally Edges Higher / Stock-Markets / Stock Markets 2016
The market started the week at SPX 2000. After reaching SPX 2006 on Monday the market traded down to 1977 on Tuesday. Then after two gap up openings the market traded up to SPX 2005 on Thursday before selling off to 1969. By Thursday afternoon the market reversed and was making new uptrend highs, at SPX 2022, on Friday. For the week the SPX/DOW were +1.15%, the NDX/NAZ were +0.75%, and the DJ World index was +1.0%. Economic reports for the week again were slightly negative. On the uptick: wholesale inventories, the WLEI, plus weekly jobless claims improved. On the downtick: consumer credit, export/import prices, plus the budget deficit widened. Next week’s reports will be highlighted by the FOMC meeting, Industrial production and the CPI.
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Saturday, March 12, 2016
US Dollar Strength is a Manifestation of US Dollar Shortage / Currencies / US Dollar
FRA Co-Founder Gordon T.Long and Jeffrey Snider, Head of Global Investment Research at Alhambra Investment Partners discuss a broad array of Global Macro subjects in this 48 minute video discussion with supporting slides.
As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra’s client base. Jeff joined Atlantic Capital Management, Inc., in Buffalo, NY, as an intern while completing studies at Canisius College. After graduating in 1996 with a Bachelor’s degree in Finance, Jeff took over the operations of that firm while adding to the portfolio management and stock research process.
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Saturday, March 12, 2016
Gold And Silver – Precious Metals Amid A World Of Lies And Deception / Commodities / Gold and Silver 2016
Political and financial turmoil reign around the world, by design. It is the classic example of the elites at work working their never-fail formula of Problem-Reaction-Solution. They create havoc of some kind, any kind, wherever they choose, the Problem. It is usually political upheaval fomenting unrest, and the broader the unrest the better. It often takes the form of financial turmoil, disrupting a country’s GDP, currency, whatever, as long as there is disruption. It can be war, a function no other country creates more of than the US. It can be massive immigrant migration, currently underway. Why does the name Soros come to mind?
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Saturday, March 12, 2016
$67 Crude Oil Price Has All The Majors Converging Here / Commodities / Crude Oil
Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices.
Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. But with the crash in prices since mid-2014, the effect of the regulation has reversed: motorists are now effectively subsidizing the oil industry.
Saturday, March 12, 2016
Trading with Elliott Waves Doesn't Have to Be Complicated - Video / InvestorEducation / Elliott Wave Theory
Start simple, with the basic 5 "core" Elliot wave chart patterns
Jeffrey Kennedy, a recognized expert in Elliott wave analysis and forecasting, explains why the Wave Principle is such a reliable and powerful way to forecast the financial markets.
Jeffrey stresses that if you understand -- and practice -- the basics of the Wave Principle, you'll be surprised how much it can impact your analysis and trading results.
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Saturday, March 12, 2016
Gold Commitments of Traders is Worrisome / Commodities / Gold and Silver 2016
To sum up my view of this week’s COT report in one word…. WORRISOME.
I use that word because of what we saw happen to the safe haven trades today on account of that monster rally in the US equity markets.
Gold was under pressure for the entirety of the session today but seemed to especially weaken into the late afternoon hours as the US equity markets kept pushing higher and went out near the highs of the day. That more than likely will translate into additional downside followthrough in Asian trade Sunday evening. Where it goes after that will depend on whether or not dip buyers show up.
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Saturday, March 12, 2016
Can Gold Price Climb to $1400/oz? / Commodities / Gold and Silver 2016
At the start of 2016, renowned fund manager and bond king Jeff Gundlach predicted Gold would surge to $1400/oz. That was quite the call considering Gold was still in a bear market. He reiterated his target a few days ago in a webcast. Gold closed the week below $1260/oz after reaching as high as $1287/oz following the ECB decision. Corrections in both Gold and gold stocks have been limited to swift declines lasting no more than two days. While we cannot predict the future, we think there is some chance that Gold could reach Gundlach's target before a sustained correction.
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Saturday, March 12, 2016
UEFA Champions League Football Wins Prizes Delivery2 - Walkers Crisps Game Ready / ConsumerWatch / Freebies and Comps
Find out what the second batch of prizes delivered look like, a week on from the first delivery of the easy to win UEFA champions league walkers crisp packets promo. Also we take a look at how well the footballs perform out on a football pitch.
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Friday, March 11, 2016
Stock Market Rally is Abating / Stock-Markets / Stock Markets 2016
SPX has stopped rallying after a little more than 19.5 days from its February 11 low. Not much more can be said until it breaks the uptrend line at 1975.00. Most rallies of this nature usually take less time than this, so we can say that it is unusually long.
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Friday, March 11, 2016
GDXJ ETF - Gold Junior Stocks Strong in Dark / Commodities / Gold and Silver Stocks 2016
With gold miners’ stock prices surging dramatically this year, investors’ attention is starting to return to the gold juniors. These smaller miners and explorers suffered terribly in recent years, all but abandoned as gold slumped to major secular lows. But even during gold’s darkest quarter, the fundamentals of the juniors actually mining gold remained quite strong. This portends explosive profits growth as gold recovers.
Most investors think of junior gold stocks as the Wild West of commodities stocks, with good reason. The legendary American humorist Mark Twain allegedly described a gold mine as a hole in the ground with a liar at the top! There are literally hundreds of gold juniors, a number that swells whenever gold grows more popular. And the great majority of these tiny companies truly are junk, they are indeed doomed to fail.
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Friday, March 11, 2016
Gold, Stocks and the Miners Analysis / Stock-Markets / Stock Markets 2016
One is the star of the year so far, grinding higher in what could be the launch phase of a new bull market as confidence wanes in the face of NIRP and other desperate global policy actions, and the realization that this disgraceful policy designed to spur speculation and asset price appreciation is all policy makers have got left in their bags of tricks. The endgame is a bag with a hole in it; a monetary black hole.
The other grinds on in what could be the last significant hope replenishing bounce before new downside is explored. Various US and global indexes are already in bear markets but casino patrons are trained to look at the S&P 500, Nasdaq 100 and Dow as “the stock market” and these have not yet gone ‘bear’. If the current bear-trend bounce fails however, that confirmation would be coming promptly.
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Friday, March 11, 2016
Stocks, It's all about Oil... / Stock-Markets / Stock Markets 2016
It’s all about oil as the IEA and banks do their best to elevate the price of oil, topping at 38.95 this morning while encouraging oil companies to raise cash with equity offerings at their newly inflated price so that their (bank’s) loans may be paid off. The obvious conflicts of interest (and possible jail time) are being ignored, indicating the sense of desperation about this maneuver.
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Friday, March 11, 2016
The Day the Dollar Bait-and-Switch Died… Gold May Boom / Commodities / Gold and Silver 2016
Did you know that Thursday was one of the most critical market days in recent memory, one that should be internalized by gold bulls, currency traders and equity investors alike.
It was the day the latest central banking “bait and switch” died.
What did we learn? The dollar is done tightening in any meaningful way. And the euro is done loosening.
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Friday, March 11, 2016
Gold Rises To 13 Month High as ECB ‘Bazooka’ Shoots Blanks / Commodities / Gold and Silver 2016
Gold prices climbed to a 13-month high in dollar terms overnight ($1,282.51) after the increasingly adventurous, dare one say reckless, European Central Bank unleashed its latest ‘bazooka’ and initiated more interest-rate cuts, a significant extension in currency printing and bond purchases and also a potential subsidy to banks lending.
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Friday, March 11, 2016
Crumbling U.S Empire Drives Russia and China to Move into Gold / Commodities / Gold and Silver 2016
Central bankers have been on a massive Gold Buying Spree led by Russia and China. One must remember that not only is Putin ex-KGB, but he is also an economist and holds a black belt in judo. Judo teaches you to use your opponent's momentum to defeat him or her, and that appears to what Putin is doing. He has this administration running circles, by the time they figure out what he is up to, it is too late to do anything. Putin and China can see that the writing is on the wall that the days of U.S holding the top spot are numbered. Our economy is in shambles and only appears to look strong because of the hot money that is holding it up. Regarding illusions, it is a perfect illusion and for now, the masses have bought it, but Russia and China have not.
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Friday, March 11, 2016
London Gold Price Fix Rigging - Fact or Myth? / Commodities / Gold and Silver 2016
The London Gold Market is a part of the London Bullion Market, which is a wholesale over-the-counter market for the trading gold and silver, coordinated by the London Bullion Market Association. It is the wholesale market - the usual minimum size of transaction is 2,000 ounces of gold (while the standard size is 5,000 ounces) - individual investors are practically excluded from the market. The London Gold Market was the most important gold market until the 1970s, when the American Commodity Exchange Inc. (Comex) started to trade gold futures and soon gained prominence. Currently, the gold market is dominated by these two centers of gold trading. The Comex dominates the market in gold futures, while the London Gold Market is by far the largest global center for over-the-counter (OTC) transactions. It is also the biggest marketplace for gold in the world by the volume of trade (the London OTC spot market is about ten times higher that of the U.S. futures market), which clears the annual mining production of gold every few days.
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