Friday, August 19, 2016

Surprise! It's the Greenspan Era Blueprint on Inflation / Stock-Markets / Financial Markets 2016

By: Gary_Tanashian

I realize Gomer Pyle was way before the time of much of my reading audience, but for the last few weeks I’ve been hearing him in my head as not only NFTRH, but now the wider financial media get on the idea that things are not as bad as had been generally perceived going into the hype fest known as Brexit.  Most recently, a writer who always keeps an even keel, Chris Ciovacco, has summarized the situation nicely (as posted at Biiwii).

Friday, August 19, 2016

Saudis Ramping Up Oil Output To Gain Leverage In OPEC Talks / Commodities / Crude Oil

By: OilPrice_Com

Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence the September informal talks on a possible production freeze, Reuters reported on Wednesday, citing industry sources.

Saudi Arabia – OPEC’s biggest producer — pumped a record 10.67 million barrels per day in July, up by some 120,000 bpd compared to June. The Saudis are usually ramping up production in the summer with the higher demand for crude, but what was unusual was that production hit a record high, above last summer’s peak.

Friday, August 19, 2016

How Will Brexit Impact the Gold Market? A Historical Perspective / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

We know why Britons voted to leave the EU and what the UK’s options outside the EU are. Now, let’s analyze how Brexit could affect the gold market. We covered this topic in the latest edition of the Market Overview, as well as the daily updates of the Gold News Monitor, but today we will examine how the shiny metal performed during the past disintegrations of economic unions.

Friday, August 19, 2016

Rothchilds Buying Gold On “Greatest Experiment” With Money In “History of the World” / Commodities / Gold and Silver 2016

By: GoldCore

The Rothschilds are buying gold through their investment house RIT Capital Partners and Lord Jacob Rothchild is warning about the results of “the greatest experiment in monetary policy in the history of the world”.

British investment banker Lord Jacob Rothschild is buying gold.

Friday, August 19, 2016

Higher Crude Oil’s Prices and USD/CAD / Commodities / Crude Oil

By: Nadia_Simmons

Earlier today, the USD Index extended losses against its Canadian counterpart after the disappointing minutes of the Federal Reserve’s policy meeting (they vanished expectations for a September rate hike) continued to weigh on investors’ sentiment. Additionally, rising prices of crude oil supported Canadian currency, which pushed USD/CAD under 1.2800. What’s next for the exchange rate?

In our opinion, the following forex trading positions are justified – summary:

Friday, August 19, 2016

Here’s Why You Should Look for Dividend Stocks — and How / Companies / Dividends

By: John_Mauldin

BY TONY SAGAMI : I love dividends, and I’m not alone.

One of the biggest dividend lovers of all is Warren Buffett. He has more than 90% of the Berkshire Hathaway portfolio invested in dividend-paying stocks.

Sure, a 1%, 2%, or 3% dividend may not sound like a fortune, but what looks like small payouts really adds up.

For the first seven months of 2016, the S&P 500 was up 6.3%.With dividends, the total return increased to 7.7%. That’s an extra 22%!

Friday, August 19, 2016

Deglobalization Already Underway — 4 Technologies That Will Speed It Up / Economics / Global Economy

By: John_Mauldin

BY PATRICK WATSON : If we had to describe the last 50 years of economic history in one word, globalization would be high on the list. Thousands of small, independent economies around the world fused into one nearly seamless whole.

The things we use every day—food, clothing, vehicles, furniture, electronic devices, even the materials that compose our homes—now come from far and wide. We don’t even notice. International trade over vast distances is now so normal that we forget it wasn’t always the case.

Friday, August 19, 2016

Stock Market Volatile Session Ends on Positive Note / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices had a very interesting, volatile day. They opened lower, rallied to resistance, rolled over very sharply to secondary support, held, and then rallied back at the end of the day, closing slightly upward.

Net on the day, the Dow was up 22.56 at 18,595.50. The S&P 500 was up 4.69 at 2186.92. The Nasdaq 100 was up 3.23 at 4808.68.

Friday, August 19, 2016

Tesco Club Card Vouchers Days Out Tokens Cheapest Theme Parks Entry / Personal_Finance / Theme Parks

By: Anika_Walayat

All who shop regularly at Tesco's will each year build up a sizeable balance of clubcard vouchers that can be used for a whole host of purchases from groceries in stores, to restaurants, and cinema tickets. However, in many cases the most cost effective use of clubcard vouchers is to exchange them for tickets and tokens for entry into 180 venues across the UK including major theme parks as explained in this real world example of how Tesco vouchers converted into tokens are the cheapest route into many of Britain's theme parks such as Pleasure Island.

Thursday, August 18, 2016

These 6 Charts Show Why the Average American Is Fed Up / Economics / US Economy

By: John_Mauldin

BY JOHN MAULDIN writes: The last 20 years have brought great wealth to a few while most of the population was lucky to break even.

Whether you’re a member of the elite/protected class or one of the unprotected, it’s hard to deny this reality.

Thursday, August 18, 2016

The Olympics Have Become Ideological Rivalry Between Nations / Politics / Olympics

By: John_Mauldin

BY GEORGE FRIEDMAN : The Olympics have begun in Rio.

The Brazilians greeted the games with massive demonstrations. With Brazil facing hard economic times, many thought spending more than $12 billion to host the games was outrageous. But supporters argued it would add to Brazil’s worldly luster.

The Olympics of ancient Greece focused on the individual athletes. Spectators knew which city the participants came from, I assume. Still, the glory went to the athlete, and it was his tale that was told.

Thursday, August 18, 2016

4 Reasons Not to Buy Bonds Now / Interest-Rates / International Bond Market

By: John_Mauldin

BY JARED DILLIAN : I try to be a long-term thinker and filter out all the short-term noise. That’s hard nowadays, because there is so much short-term noise!

Any one of these four things would be big news, especially in the dog days of summer. But all four?  It’s crazy out there.

Thursday, August 18, 2016

SPX Easing Lower / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

The SPX Premarket has gone from flat to lower this morning. Should the decline continue, the key level is the combination trendline/Short-term support at 2175.24.

Thursday, August 18, 2016

Gold Stocks Cognitive Dissonance & Denial / Commodities / Gold and Silver Stocks 2016

By: Denali_Guide

Obviously if your NOT in denial, you know this cannot end well, no matter how much the so-called  "Monetary Authorities" keep queering up the money supply, digitally, or thru debt issuance or otherwise.   The question popped up " Is there an edict that the Non-PM stock markets will keep ramping until the US Election?"

To which I'd tell people to look around at all the new jobs and new cars.   What, lots of new cars, on loans at any cost, but no new jobs ?  How does that work ?

Thursday, August 18, 2016

Gold – “Mother of All Bull Markets Has Only Just Begun” – Grandich / Commodities / Gold and Silver 2016

By: GoldCore

There are many reasons to believe that “the mother of all bull markets has only just begun” for gold.

So believes Peter Grandich, the market analyst dubbed the “Wall Street Whiz Kid” whose track record speaks for itself. He called the Wall Street Crash in 1987 and subsequent sharp stock market recovery, the end of the bull market in stocks in 2000 and the global financial crisis in 2008.

Thursday, August 18, 2016

Low / Negative Interst Rate’s Legacy / Interest-Rates / Negative Interest Rates

By: Raymond_Matison

In all of global human history, interest rates have never been this low.  Indeed, Europe has trillions of Euro bonds yielding a negative interest rate, meaning that an investor pays for the privilege of having lent to a borrower with its attendant credit exposure, and agrees beforehand to get less in return than he originally “invested”. America’s fixed income yields have been declining for over thirty years, and now are also at record lows – hovering close enough to zero such that some expect negative rates to come to our domestic market in the not too distant future.

Thursday, August 18, 2016

Corporations – And Corporate Execs — Fall Out Of Love With Their Shares / Companies / Corporate News

By: John_Rubino

It’s no secret that one of the main things propping up the US stock market has been corporations’ willingness to buy back their own shares with borrowed money. The following chart illustrates the rather amazing correlation between share repurchases and share prices.

Thursday, August 18, 2016

The 45th Anniversary of The Most Destructive Event In Modern Monetary History / Interest-Rates / Financial Markets 2016

By: Jeff_Berwick

The US government, bankrupt yet again after another disastrous war of aggression, had its back pushed to the wall in 1971.

Up until that point, foreign central banks could redeem US dollars directly with the US Treasury in exchange for gold.  And, recognizing that the US was essentially bankrupt, foreign central banks, especially France, began to demand gold instead of the dollar.

Thursday, August 18, 2016

Stock Market Turn-Down Day / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices had an interesting down day, and then up day, finishing in the plus column after the FOMC announcement indicating no interest-rate rising. The day started out with a move to the downside, they formed bear wedges, went lower, and by midday they were at their session lows. They rallied during the noon hour, and when the FOMC announcement came, they spiked up, and after pulling down briefly, they pulled back and spiked up again, and closed near the highs for the day.

Wednesday, August 17, 2016

USDU - An Important Perspective on the US Dollar / Currencies / US Dollar

By: Rambus_Chartology

We started following this US dollar index about a year or so ago which has a more equal weighting of different currencies than the $USD. Even though I don’t post it much this Alternative US dollar index has some very interesting Chartology on it which may be giving us an important clue as to the intentions of the Dollar .

If you recall the Standard US dollar index ($USD) was testing a major inflection point in May around the 92 area earlier this year. It did finally bottom but left some unfinished business behind. This is the daily chart I was following at the time for the USDU which shows the H&S top in place and the decline that took the price action down to the low at the 25.50 area. From that low the USDU began a decent rally but couldn’t trade above the neckline extension line at reversal point #2 before the bears took charge again. The bulls were able to stop the decline at reversal point #3 and a laborious rally took the USDU back up to the top of the trading range where the neckline extension line came into play again along with the 200 day moving average.