Wednesday, September 02, 2015
Euro vs. U.S. Dollar: See Why "Excitement Is Yet to Come" - Video / Currencies / Euro
Elliott Wave International's Chief Currency Strategist discusses the EURUSD 1,200-pip "roundtrip"
Stocks and oil weren't the only markets going berserk last week. Eurodollar, or EURUSD -- the world's biggest and most popular forex market -- first rallied 700+ points (or pips) higher and then crashed about 500 pips back to earth, all in a matter of a few days.
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Wednesday, September 02, 2015
The Real Threat from China’s Stock Market Crash / Stock-Markets / Chinese Stock Market
In reality, the real risk isn’t being reported. In fact, it’s not even being talked about.
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Wednesday, September 02, 2015
How Our “Mixed Economy” Created These Mixed-Up Markets / Stock-Markets / Stock Markets 2015
Alexander Green writes: Over the years, I have often waxed enthusiastic about the transcendent power of capitalism.
The free enterprise system has vastly improved our quality of life and raised our standard of living.
Entrepreneurs and business owners have given us safer transportation, faster communications, miracle drugs and medical devices, more powerful computers, and millions of new products and services that are better, cheaper and longer lasting.
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Wednesday, September 02, 2015
'Gravity' Is Returning to Stocks and Bond Markets / Stock-Markets / Financial Markets 2015
Porter Stansberry : In today's essay... a discussion about gravity. Not the kind of gravity that causes objects to draw closer to each other. That gravity is a mystery that physics can't yet explain.
I'm talking about financial gravity. And the causes of financial gravity are well-known...
Financial gravity is the cost of capital. The cost of money drives the price of everything else in a free market because capital is the root of supply. Want more oil? Fine, invest heavily in new supplies.
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Wednesday, September 02, 2015
Give All Refugees A Free Ticket To Brussels / Politics / Immigration
A few days ago, I joked to Nicole that Paddypower should by now have a bet open on how much longer the Schengen open border treaty will be valid in Europe. Didn’t check if they actually had one, mind you.
But it can’t be long anymore, so it wouldn’t be a big money maker even if it existed. I give it a few days at most. Italy just announced it wants guards at Brennero, one of its main border posts with Austria. One down, a few hundred to go, and they may go at a rapid clip.
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Wednesday, September 02, 2015
How to Make Sure the Government Can’t Freeze Your Bank Account / Personal_Finance / Current Accounts
By Justin Spittler
If you wake up tomorrow and your bank account is frozen… what will you do?
You probably remember when the financial crisis in Greece was dominating headlines a few weeks ago.
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Wednesday, September 02, 2015
Stock Market 38.2% Retracement / Stock-Markets / Stock Markets 2015
The institutional investor(s) have had their say. The SPX bounced to the 38.2% retracement at 1938.37. There is no change in signal. Best to remain short. Margin calls may already be kicking in with a vengeance today.
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Wednesday, September 02, 2015
Gold Coin Sales Surge 306% YoY In August, Silver Sales More Than Double / Commodities / Gold and Silver 2015
strong>DAILY PRICESToday’s Gold Prices: USD 1140.00, EUR 1010.73 and GBP 746.46 per ounce.
Yesterday’s Gold Prices: USD 1141.90, EUR 1012.23 and GBP 744.10 per ounce.
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Wednesday, September 02, 2015
Parents Send Your Finances Back to School / Personal_Finance / Current Accounts
As parents breathe a sigh of relief as the kids go back to school, now is the perfect time to take stock of your finances and teach yourself a few things about personal finance.
Charlotte Nelson, Finance Expert at Moneyfacts.co.uk, said:
“A well-deserved sit-down to sift through your income and expenditure will highlight any areas you need to tackle. Fixing your finances sooner rather than later will lift a massive weight off your shoulders and make things far more manageable.”
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Wednesday, September 02, 2015
Syrian Refugee Crisis - Is Germany More Islamic than Saudi Arabia? / Politics / Saudi Arabia
Whilst many european nations are positioning their storm troopers on their borders and ports to repel the swarm (David Cameron) or hordes as other politicians have referred to the mass migration underway, instead Germany has now taken the opposite position by opening its doors to this year settle as many as 800,000 mostly Syrian refugees out of a potential total of 1 million Syrian refugees expected to enter Europe this year which itself is out of a total Syrian refugee population of more than 4 million who today are mostly sat in refugee camps in Turkey, Jordan and Lebanon, most of whom seek to follow the now well trodden migration paths northwards.
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Wednesday, September 02, 2015
The Stock Market Shemitah Cycle / Stock-Markets / Stock Markets 2015
Meaning the last year of a seven-year cycle in the Jewish calendar, the end of the past several Shemitahs have brought immense financial hardships to the world. The 1987 crash on Wall St. happened during Shemitah. The bond market was massacred in 1994. The 9/11 terror attacks happened in 2001 and the global economic crisis occurred in 2008.
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Tuesday, September 01, 2015
Forget Decoupling - The Fed will NOT Raise Interest Rates this Year / Interest-Rates / US Interest Rates
USD under renewed pressure from a combination of renewed China data disappointment, weak US manufacturing ISM and lingering chatter of a September Fed hike. US stock futures began selling off 6 hours before the release of China's manufacturing PMI, which showed the first contraction in six months and the lowest figure in three years. The largely-weaker than expected manufacturing ISM (lowest in 27 months) was accompanied by broader weakness in all components.
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Tuesday, September 01, 2015
OPEC Divorce And Self-Destruction Thanks To Saudi Crude Oil Strategy? / Commodities / Crude Oil
"If you are the world's leading energy economy, you produce energy, that's what you do."
"A government can stay irrational longer than it can stay solvent."
"Even in the short term, you're dead, if you commit suicide."
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Tuesday, September 01, 2015
Weapons of Economic Destruction / Economics / Economic Theory
“Measurement theory shows that strong assumptions are required for certain statistics to provide meaningful information about reality. Measurement theory encourages people to think about the meaning of their data. It encourages critical assessment of the assumptions behind the analysis.
Tuesday, September 01, 2015
The Beginning Of A New Financial / Stock Market Cycle / Stock-Markets / Stock Markets 2015
Within the United States, the US Federal Government and The US Federal Reserve Bank interventions have failed. These manipulations, by the central bank, in order to maintain the current stock bubble, and the real estate bubble, are currently reflecting the acts of failed monetary and fiscal policies, as we are presently experiencing.
The reality is that the US economy has already been in contraction for many years now.
The government intervention is failing in Europe, Japan, and now apparently also in China. Government interventions globally are currently becoming more vulnerable The US, Europe, Japan, and China have all been experiencing failures. We are currently witnessing the results of total failures, right under our noses. I believe, we are closer to that point of the Global Financial Meltdown than anyone else may realize. This collapse in China is a major shock, which has triggered a major market sell off within the US markets.
Tuesday, September 01, 2015
Silver Price Set To Start 70s Style Rally? / Commodities / Gold and Silver 2015
In terms of gold, silver is currently better value than at the beginning of the bull market in 2001. In November of 2001, when silver bottomed, the Gold/Silver ratio was about 66 compared to 78 today. In other words, gold has actually outperformed silver since the beginning of this precious metals bull market.
It is actually the historical norm for gold to outperform silver for most part of a bull market, except for the very last part. For example, this happened in the 70s, when gold was up on silver from the beginning of the bull market (let's say about 1971) until almost the very end (about October 1979). So, during an almost ten-year bull market, silver only overtook gold about three months before the end.
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Tuesday, September 01, 2015
Is Crude Oil Price Bouncing Into Recovery? / Commodities / Crude Oil
The global economy has $57 trillion more debt now than it did at the last bubble peak in 2008. The energy sector alone has $248 billion in junk bond debt – some of the riskiest debt there is!Entire industries have been built upon this credit-fueled bubble, driven by the easy-money policies of central banks around the world.
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Tuesday, September 01, 2015
What Is The Future For The U.S. Dollar? / Currencies / US Dollar
China, the biggest foreign creditor of the United States, owns a truckload of our government bonds. Over the past several weeks, it’s been selling some of those bonds to prop up their currency, the yuan. This is supposed to signal the end of the dollar. As the Chinese put our bonds out for the bid, interest rates are going to shoot higher, driving down the value of the greenback and making imports unaffordable. At least, that’s what dollar haters have expected for years.Read full article... Read full article...
Tuesday, September 01, 2015
Gold Price Up 3.5% In August, Stocks Fall 6% to 12% / Commodities / Gold and Silver 2015
DAILY PRICES
Today’s Gold Prices: USD 1141.90, EUR 1012.23 and GBP 744.10 per ounce.
Yesterday’s Gold Prices: Bank Holiday in UK
Friday’s Gold Prices: USD 1,125.50, EUR 998.23 and GBP 730.99 per ounce.
(LBMA AM)
Tuesday, September 01, 2015
Three Things Every Master Trader Knows About Trading Options / InvestorEducation / Options & Warrants
I don’t want that happen to you.
While I expect this increased volatility to continue as we head into September and October, things seem to have settled down for the moment, and the markets have, for the time being, resumed their upward march.
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