Tuesday, September 29, 2015
Stock Market It’s All Downhill From Here… / Stock-Markets / Stock Markets 2015
…well, down anyway. An emissions scandal at VW (the world’s largest auto maker), the announcement from Caterpillar that it is laying off 10,000 workers, a 5,000% price increase in a 62-year-old drug, the resignation of the US Speaker of the House, and Janet Yellen reaffirming a rate hike before the end of the year… what’s not to be bullish about?!
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Tuesday, September 29, 2015
Gold - Somebody Call Warren Buffett - Quick / Commodities / Gold and Silver 2015
A few years ago Warren was interviewed on CNBC. The interviewer asked him: “Where do you think gold will be trading five years from now?” His answer showed an ongoing dislike for gold as he replied: “I have no views as to where it will be, but the one thing I can tell you is it won’t do anything between now and then except look at you. Whereas, you know, Coca-Cola (NYSE:KO) will be making money, and I think Wells Fargo (NYSE:WFC) will be making a lot of money and there will be a lot — and it’s a lot — it’s a lot better to have a goose that keeps laying eggs than a goose that just sits there and eats insurance and storage and a few things like that.”
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Tuesday, September 29, 2015
Stocks: Why Following the Crowd is Usually a Big Mistake / Stock-Markets / Stock Markets 2015
Millionaires show poor market timing
We've seen it time and again: The investment crowd often hops aboard a financial trend just as it's about to end.
Government itself is actually a case in point. Here's what the August 2007 Elliott Wave Financial Forecast said:
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Tuesday, September 29, 2015
The Difference Between Gold and Debt / Commodities / Gold and Silver 2015
Simple version: Gold is good. Sovereign debt is bad.
The world has added approximately $60 Trillion in debt since 2007, much of it sovereign debt created from deficit spending on social programs, wars, and much more. In that time the world has mined perhaps 30,000 tons of gold, or about 950 million ounces, worth at September 2015 prices a little more than a $Trillion. It is easy to create debt – central banks “print” currencies by BORROWING those currencies into existence. Debt increases, currency in circulation increases, and until it crashes, life is good for the financial and political elite. But debt increasing 60 times more rapidly than gold indicates that debt is growing too rapidly and due for a reset.
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Tuesday, September 29, 2015
Peak Food Island Earth / Commodities / Agricultural Commodities
Island Earth is our latest article on the concept of Peak Food, which was introduced in two previous articles. We do recommend reading those other two articles in conjunction with this one: Peak Food 2 and Peak Food, An Introduction
Below we will observe that Island Earth is a major component of Peak Food. Reality is that Island Earth, combined with a myriad of other factors, has serious negative implications for our world's ability over time to satisfy human demand for food at affordable prices. Today, many ignore the reality of Peak Food. For the farsighted investors, Peak Food offers an investment opportunity that can provide benefits for generations.
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Tuesday, September 29, 2015
This Stocks Bear is Just Waking from Hibernation / Stock-Markets / Stocks Bear Market
“Every man has a right to his own opinion, but no man has a right to be wrong in his facts” ― Bernard M. Baruch
“The main purpose of the stock market is to make fools of as many men as possible.” ― Bernard M. Baruch
As the market drops 200 to 300 points daily on a fairly frequent basis these days, and has now dropped 13% in the last four months, John Hussman’s valuation analysis based upon historical facts is proving to be accurate. He’s not an “I told you so” type of person, but I am. The MSM stories follow the same old storyline – this is just a correction, time to buy the dip, stocks are undervalued, the Fed won’t let the market fall. We’ve been here before, twice in the last fifteen years. Wall Street and their media mouthpieces attempted to spread misinformation about the nature of the markets in 2000 and 2007, as epic bear markets were just getting underway. John Hussman cut through their crap then and he is cutting through it now.
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Tuesday, September 29, 2015
Not Enough Gold to Pay All Holders of Gold Obligations / Commodities / Gold and Silver 2015
It is often reported that governments and central banks have for years leased or sold their gold to bullion banks; therefore, they are unlikely to possess the tons of gold, they are said to hold. Also, the bullion banks seem to be under enormous pressure recently. Just look at the recently reported spike in the gold coverage ratio on COMEX, with, there being over 200 ounces of paper gold claims for every ounce of deliverable gold (as reported on zerohedge.com)
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Tuesday, September 29, 2015
Question to Millennials: Why Are You Not Mad as Hell Yet? / Politics / Student Finances
Millennials, why are you not angry about ...
- Having to pay Social Security when it won't be there for you.
- Paying exorbitant taxes for public pension handouts and boomer retirements at age 50 for which you receive negative benefits.
- Obamacare for which you overpay to support the obese and the nicotine addicts.
- Enormous student debt burdens for which you received little benefit.
I ask this in response to an email I received from Rich Renza who writes ...
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Tuesday, September 29, 2015
Interest Rates All Bad at 0%? / Interest-Rates / US Interest Rates
We call on central banks to abolish their zero interest rate policy (ZIRP) framework before more harm is done. In our assessment, ZIRP is bad for all stakeholders and may even lead to war.
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Tuesday, September 29, 2015
If Stocks Can't Hold These Levels, We'll Have a Bear Market / Stock-Markets / Stock Markets 2015
MoneyMorning.com Shah Gilani writes: With no real positives to boost markets, important support levels had better hold… or it's over.
The lines I'm about to show you have to hold, or we'll test the Aug. 24, 2015, lows.
And if those lows don't hold, well, say hello to Mr. Big Bad Bear Market.
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Tuesday, September 29, 2015
Silver Prices - Who Was That and When Will it End? / Commodities / Gold and Silver 2015
Two events occurred in the silver market recently. On Tuesday, September 22nd, and Monday, September 28th the price got hammered. While it is true - this didn’t happen in a vacuum. These downdrafts occurred across basically all markets. However, it would be a mistake to leave it at that correlation and not investigate further. While most markets share an electronic trading, “character”, there is much more that meets the eye - and more so for silver.
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Tuesday, September 29, 2015
Stock Market Flushing Lower... / Stock-Markets / Stock Markets 2015
The market futures were down early in the evening on Sunday, only to recover nicely by the morning. It seemed as though the market was about to dodge another nasty move lower, but that wasn't the case at all as the futures dove, once again, before the market opened, cresting a decent gap lower by a little over a ten handle on the S&P 500. That was the good news for the bulls. The market slowly, but very gradually, began to weaken after the usual few attempts higher by the retail bulls.
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Tuesday, September 29, 2015
7 Bullish Gold Price Indicators / Commodities / Gold and Silver 2015
It is getting very exciting in the gold market! We have shown several bullish gold indicators in the last couple of weeks. Here is the thing: the number of bullish indicators keeps on growing.
First, GLD ETF, the largest exchange-tradable gold ETF, has the lowest put-to-call ratio since 2012, right after the failed attempt of gold to break through its all-time high. Chart courtesy: Bloomberg.
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Tuesday, September 29, 2015
Crude Oil Price Is Going to Fall by 50%… Again / Commodities / Crude Oil
Michael Lewitt writes: We’ve talked about the massive Debt Supercycle and why it can only end in the market crash I’m now predicting. (If you want a refresher, download my “Super Crash Report.”)
But there’s one connection we haven’t made yet.
The same thing just happened in the energy market.
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Monday, September 28, 2015
In Defense of Gold / Commodities / Gold and Silver 2015
There has been an unprecedented attack on gold and mining shares over the past three years emanating from financial institutions in order to support the government's supposed success in bringing the economy back to health. And even though gold mining shares are down 85% during this tenure, the case for owning gold-related investments have never been more compelling.
The reason to own gold is the same today as it has been for thousands of years: it is the perfect store of wealth. Gold is portable, divisible without losing its value, beautiful, extremely scarce, and virtually indestructible. It is simply the best form of money known to mankind.
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Monday, September 28, 2015
SPX Triggers a Amall Head & Shoulders Formation / Stock-Markets / Stock Markets 2015
SPX has crossed the neckline of a Head & Shoulders formation and crossed beneath the September 1 low at 1903.07. This move greatly reduces the probability of a sideways or higher consolidation through the end of the month. Lower quarterly statements also imply further selling into the month of October, as investors receive their statements and pull the trigger.
Although the very early part of the window for a potential Master Cycle low begins October 1, day 258 arrives on October 19.
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Monday, September 28, 2015
Stock Market Week Begins On A Scary Note / Stock-Markets / Stock Markets 2015
The US markets awoke to news of several big, disturbing overseas events:
Glencore implodes. Think of Swiss commodities giant Glencore as a modern version of Enron, in the sense that it owns physical assets like mines and oil wells around the world and runs perhaps the biggest commodities derivatives trading desk. And — also like Enron — it’s apparently unprepared for extreme commodity price volatility. This morning its stock price plunged even further and its credit default swaps — the cost of insuring payment on its its bonds — blew out to record levels.
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Monday, September 28, 2015
Stock Market Bubble Balloons in Search of Needles / Stock-Markets / Stock Markets 2015
I love waterfalls. I’ve seen some of the world’s best, and they always have an impact. The big ones leave me awestruck at nature’s power. It was about 20 years ago that I did a boat trip on the upper Zambezi, ending at Victoria Falls. Such a placid river, full of game and hippopotamuses (and the occasional croc); and then you begin to hear the roar of the falls from miles away. Unbelievably majestic. From there the Zambezi River turns into a whitewater rafting dream, offering numerous class 5 thrills. Of course, you wouldn’t want to run them without a serious professional at the helm. When you’re looking at an 8-foot-high wall of water in front of you that you are going to have to go up (because it’s in the way); well, let’s just say it’s a rush.
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Monday, September 28, 2015
Buy Gold While You Still Can! / Commodities / Gold and Silver 2015
In part 1 of his 2 part report on the ever-tightening supply of physical gold, Chris Martenson describes the fascinating data that “reveals the extent of the West’s massive dis-hoarding of physical gold”. He points out the enormous and growing disconnect between the cash and physical markets for gold which, as he explains, has major repercussions for physical gold storage.
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Monday, September 28, 2015
UK Loan Rate War Consolidate Borrowings and Save £££'s / Personal_Finance / Debt & Loans
With an estimated 6.5 million* people relying on credit to keep up with essential outgoings, it’s clear to see why taking time to consolidate debts into a single, more affordable monthly payment could make a huge difference to people’s finances.
According to the latest research by Moneyfacts.co.uk, the ongoing cuts to unsecured personal loan pricing also means that customers who switch or take out a new loan today can save hundreds of pounds over the fixed term of their agreement. On average, well-known banks now offer loans that are £396 a year cheaper in interest payments for a £7,500 loan over a five-year period compared with 2013, while loans from challenger brands are £222 cheaper for the same loan agreement.
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