Wednesday, June 22, 2016
Increase In U.S. Rig Count Will Not Cap Oil Prices / Commodities / Crude Oil
By: OilPrice_Com
The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. The premise was you could get out of the army if you were crazy but you weren’t crazy to try to get out of the army. So this avenue to escape the war didn’t work for the book’s main character John Yossarian. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. With WTI back above $50 a barrel – at least briefly last week – North American LTO developers are putting rigs, service equipment and personnel back to work. The so-called “fraclog” or “DUC” inventory (wells drilled but uncompleted) is being reduced. While this is good it is also thought by some to be temporary.
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Wednesday, June 22, 2016
Stock Market Just Before the BrExit Vote / Stock-Markets / Stock Markets 2016
By: Donald_W_Dony
Though the conversation surrounding the outcome of the EU referendum continues to heat-up, during the last 36 hours, the market has already decided on which side is going to win.
Two key defensive elements, in particular, are pulling back as the final count down unfolds.
The Volatility Index or VIX, after a brief surge in early June, has backed-off and dropped into a more moderate risk level.
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Wednesday, June 22, 2016
Stock Market on Verge of Melt Down? / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
July 5th keeps coming back as an important cycle low for the stock market. The recent daily Bollinger Bands on the SPX shows increasing constriction, which in the past pointed to a possible melt down, similar to what we saw from August 18-24, 2015. This time around we have the same 115 TD’s from January 20, 2016 to July 5th that we had from March 11, 2015 to August 24, 2015. July 5th is also an important Bradley turn on a new moon. Another similar Bradley turn occurs on another new moon November 29, 2016, which I believe will likely be another important low this year.
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Wednesday, June 22, 2016
Are Copper and China Stocks Set to Rally? / Commodities / Copper
By: The_Gold_Report
Technical analyst and newsletter writer Clive Maund explores the link between an anticipated copper rally and an upswing in Chinese markets.
Wednesday, June 22, 2016
SPX May Break Its Trendline / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has been climbing the Bearish Flag trendline. It may be broken at 2088.00 should SPX continue its decline today.
It may take another day to decline beneath the 50-day Moving Average. It may accelerate if today’s polls show Brexit gaining strength.
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Wednesday, June 22, 2016
Stock Market Hybrid Lindsay Low: June 27-July 1 / Stock-Markets / Stock Markets 2016
By: Ed_Carlson
After last week’s failed call for a “relief rally” it becomes harder to accept bullish signals as seen in the McClellan Oscillator this week. There is the possibility of a micro-cycle high on/near Tuesday which gives the possibility of a 1-2 day rally but the next micro-cycle low is due June 29 which matches the Hybrid Lindsay forecast for a low near then which is outlined below.
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Tuesday, June 21, 2016
Believe it or Not: More Kids Live At Home Now than Since The Great Depression / Politics / Social Issues
By: Harry_Dent
We all know the situation in the markets is dire.
Like, really, everyone knows.
There’s an old phrase from Margaret Thatcher’s day (and mine, I suppose) that has recently come back into use: There is no alternative.
There’s even an acronym: TINA.
Tuesday, June 21, 2016
Gold Falls As UK Gold Demand “Rockets” – Investors “Seek Stability” / Commodities / Gold and Silver 2016
By: GoldCore
Gold fell again today despite very robust physical demand in western markets and especially the UK. Gold fell to a ten-day low as the recent global share rally showed signs of exhaustion.
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Tuesday, June 21, 2016
Billionaire Li Ka-Shing Says China’s Economic Outlook Is Bright / Economics / China Economy
By: Bloomberg
Trade surplus, income from services help counter mounting debt
Tycoon was criticised by Chinese state media last year
Hong Kong’s richest man said China’s economic outlook is bright in the long term, casting a vote of confidence in a country that’s growing at its slowest pace in a quarter century.
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Tuesday, June 21, 2016
Hong Kong’s Richest Man Warns Against Brexit as Vote Looms / ElectionOracle / EU_Referendum
By: Bloomberg
As one of the U.K.’s largest investors, Li has much at stake
U.K. accounts for 37 percent of profit at Li’s main company
Hong Kong’s richest man stepped up his calls for Britons to vote in favor of staying in the European Union as the world braces for the outcome of this week’s vote.
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Tuesday, June 21, 2016
$GOLD vs. Brexit / Commodities / Gold and Silver 2016
By: Gary_Savage
I see traders everywhere worrying about how the Brexit vote will effect gold. Folks, forget about the Brexit. By this time next week the Brexit will already be fading into memory and the market will go back to doing what it was doing before the vote.
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Tuesday, June 21, 2016
EU Referendum Latest Opinion Polls Show LEAVE Halting REMAINs Surge / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
The Latest opinion poll shows REMAINs lead is already crumbling as YouGov now puts LEAVE back in the lead on 44% against REMAIN on 42% and therefore bringing REMAINs strong momentum in the wake of the last Thursdays horrific events to a shuddering halt that had seen LEAVEs commanding lead quickly evaporate to resolve in a series of polls that put REMAIN ahead.
Tuesday, June 21, 2016
UK Fixed Rate Mortgages - Move Over Banks, Mutuals Offer Borrowers Better Deals / Housing-Market / Mortgages
By: MoneyFacts
Due to bigger banks taking greater advantage of the Government’s Funding for Lending Scheme to fund their mortgage books (and still having a significant sum of cash left to use), many would assume that mortgage rates from these providers would be significantly lower than those offered by the rest of the market. However, research from Moneyfacts.co.uk has found that building societies are actually the undeniable winners when it comes to mortgage deals.
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Tuesday, June 21, 2016
British Pound Outlook - BREXIT, Europe and You - Does your vote matter? / Currencies / EU_Referendum
By: Marc_Horn
The BREXIT vote is only a few days away and will have a profound impact on the future of the globe we are lead to believe.
Stalin's first criteria has been met - the illusion that the people are involved in the outcome suffices.
Tuesday, June 21, 2016
Don't Let George Soros and Lord Rothschild Scare You into Staying in the EU - Video / ElectionOracle / EU_Referendum
By: Mario_Innecco
In this video I talk about a fear mongering campaign by George Soros,
Lord Jacob Rothschild and George Osborne trying to get the UK public to vote to remain in the EU on June 23, 2016
Tuesday, June 21, 2016
Offshore Shakedown: FATCA, The Panama Papers and Why You Need a Self-Directed IRA / Politics / Taxes
By: Jeff_Berwick
I recently sat down for an interview with TDV Offshore‘s Managing Director Paul Seymour to discuss the worsening worldwide situation for financial privacy and economic survival. Topics included the Panama Papers, precious metals, self-directed IRAs, 401Ks, The Foreign Account Tax Compliance Act (FATCA) , offshore bank accounts, offshore corporations and Paul’s belief that a financial catastrophe may loom as soon as October 2016.
Tuesday, June 21, 2016
Fascist Victory Behind the European Union / Politics / European Union
By: BATR
Most of what you learned from orthodox history schooling is flat out wrong. Add into this indoctrination, the movie accounts that portray the reasons and motivations about the conflict during World War II. Especially, the European theater which has been obfuscated in scores of books and political analysis, mislead and distort the facts. All the efforts to chastise the NAZI regime profoundly ignore the true end results of the German surrender. To the victors belongs the descriptive end account of the narrative. Yet, when you peel back the onion, the tears that are exposed carry forward well into the next millennium.
Tuesday, June 21, 2016
Here’s Why German Banks Consider Hoarding Billions of Euros in Vaults / Interest-Rates / War on Cash
By: John_Mauldin
One of Germany’s largest banks is seriously considering stockpiling cash. Sources within Commerzbank have told Reuters they are “examining the possibility” of hoarding billions of physical euros in secure vaults.
This is truly bizarre. Under normal conditions, holding cash is anathema to commercial bankers. They keep as little as possible on hand; they certainly don’t go out of their way to hold more.
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Tuesday, June 21, 2016
EU Referendum Opinion Polls Analysis Shows Strong Momentum in REMAINs Favour / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
Last Thursdays killing of Pro-REMAIN Labour MP Jo Cox by a right wing extremist has had a dramatic effect on the EU referendum, where a poll lead for LEAVE has evaporated to give REMAIN a marginal lead that this momentum analysis of the most recent polling data attempts to illuminate.
Tuesday, June 21, 2016
Is It Time to Dump Gold and Buy Platinum? / Commodities / Platinum
By: The_Gold_Report
Bob Moriarty explains why precious metals investors may want to look beyond gold to a commodity with a long history and an interesting relationship to the yellow metal.