Friday, May 20, 2016
Gold Stocks Following Bull Analogs / Commodities / Gold and Silver 2016
The gold stocks started to correct this week as large caps were off 13% at Thursday’s low. Both juniors and large caps have made tremendous gains since the January 19 bottom and are ripe for some profit taking. The Fed minutes provided the catalyst for such and we should also note the tendency for gold stocks, while in a bull market to peak in May. History argues that the miners could correct at least 20% now before moving higher.
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Friday, May 20, 2016
The Gold Chart That Has Central Banks Extremely Worried / Commodities / Gold and Silver 2016
This gold chart should have Central Banks extremely worried. Why? Because the change in physical gold and Central Bank demand since the first crash of the U.S. and global markets in 2008 is literally off the charts.
I advise precious metals investors not to focus on the short-term gold price movement, rather they should concentrate on the long-term trend changes. This is where the ultimate payoff will be by investing in gold. Now, I say “INVESTING”, in gold because that is what we are doing.
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Friday, May 20, 2016
George Soros Was Once a Dollar Vigilante, Now a Ring Wraith Buying Gold / Commodities / Gold and Silver 2016
One of the inspirations for our name, The Dollar Vigilante, was what used to be called the Bond Vigilantes.
Last seen in full force in the inflationary early 1980s, bond vigilantes were anti-establishment figures who were said to have rebelled. They had decided to keep central banks and governments honest by raising long term interest rates in the open market. They would do so whenever the authorities kept their own interest rates too low, or let budget deficits grow out of control.
Friday, May 20, 2016
Silver Miners’ Q1’ 2016 Fundamentals / Commodities / Gold and Silver Stocks 2016
The world’s elite silver miners just finished reporting their operating results from 2016’s first quarter, and they were impressive. This industry continued to drive its costs lower even as silver finally started mean reverting out of mid-December’s deep secular low. The silver miners are beautifully positioned to enjoy soaring operating profits as silver’s young new bull market continues gradually marching higher on balance.
Silver mining is a tough business geologically and economically. Primary silver deposits, those with enough silver to generate over half their revenues when mined, are quite rare. Most of the world’s silver ore formed alongside base metals or gold, and their value usually well outweighs silver’s. According to the just-released World Silver Survey 2016 by the venerable Silver Institute, silver largely remains a byproduct.
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Friday, May 20, 2016
Terrorist Attack Likely Downed EgyptAir Flight 804 / Politics / ISIS Islamic State
At 11:09 PM local time Wednesday, Flight MS804 with 66 passengers and crew en route from Paris’ Charles de Gaulle airport to Cairo went missing over the Mediterranean Sea.
French President Francois Hollande said the plane “went down and is lost.” It’s too early to know if what happened was technical failure or terrorism, the latter most likely.
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Friday, May 20, 2016
Why We Don’t Need a Gold Standard; there is a better alternative / Currencies / Fiat Currency
A highbrow is the kind of person who looks at a sausage and thinks of Picasso. - A. P. Herbert
The first reaction from the hard money camp would be to state we are insane or that we longer value hard money. Taking that line of thought would only set you on the wrong track; we are not against hard money or are the Gold standard. However, most of those in the hard money camp have a hard time dealing with reality. The reality is that very few even understand this concept and even fewer would be willing to embrace it. In the end, it’s the masses that determine if whether or not a new trend, fad or rule will be embraced or not. Have the masses done anything other than occasionally complain about how prices are rising? Did they embrace the Gold bull market from 2002-2011? Most of them focussed on the crash aspect and not the fact that Gold had soared significantly higher than it was back in 2002 despite the strong pullback? The answer on all fronts is no; to understand why no good deed goes unpunished, or why the masses will crucify you if you try to alter their mindset, watch Plato’s allegory of the cave. It provides a very simple and clear look into the mass mindset.
Friday, May 20, 2016
GOFO and Gold Prices / Commodities / Gold and Silver 2016
The Gold Forward Offered Rate (GOFO) is the swap rate for a gold-to-U.S. dollar exchange. In other words, it is a rate at which someone is ready to lend gold on a swap basis against greenbacks (the benchmark used to be quoted by a few banks involved in the rate-setting process which were prepared to lend gold to each other). For example, if someone owns gold and wants to borrow U.S. dollars, he can use gold as collateral to secure the loan. The GOFO is the interest rate on that loan. Since gold is an excellent collateral (it’s portable and liquid), the GOFO rates used to be relatively small. Actually, certain rates were sometimes negative in what signaled high physical demand.
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Friday, May 20, 2016
Stock Market Rally At the End of the Road? / Stock-Markets / Stock Markets 2016
In May of 2008, there was a very similar stock market ‘rally’ as compared to today’s ‘rally’. Investors believed that the ‘turmoil’ during the latter part of 2007 and the early part of 2008 was permanently over and that we were headed towards a strong economic growth!
In actuality, it merely masked the ‘declining economic collapse’. The same situation is happening, all over again, even as you are reading this article. There are numerous flashing red lights, currently while the stock markets is ‘collapsing’ once again, just as it did during the beginning of the spring of 2008!
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Friday, May 20, 2016
British Pound Soars on BrExit Hopes Despite Remain Establishment Fear Mongering / ElectionOracle / EU_Referendum
The level of propaganda emanating from the REMAIN establishment camp continues to be relentless. However, as my series of articles and videos have illustrated that virtually every piece of establishment propaganda fails to stand up to close scrutiny and one such piece of misinformation being regurgitated at length by the press is that of the British Pound coming under intense pressure following David Cameron's February announcement to hold an In / Out EU Referendum on June 23rd.
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Friday, May 20, 2016
Dreaded DEATH Cross Formation Has Just Hit the Stock Markets / Stock-Markets / Stock Markets 2016
The following is a sample of the RESEARCH THAT MAKES MONEY for subscribers of Private Wealth Advisory…
Smart investors have noted that the S&P 500 just staged a very dangerous looking move.
That move was when S&P 500’s 50-week moving average broke below its 100-week moving average. You can see this in the green circle below.
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Friday, May 20, 2016
NASDAQ 100, FTSE, and British Pound - When Rare Market Data Screams, Listen / Stock-Markets / Stock Markets 2016
Are US stocks going up or down next week? Is the euro or pound trending up or down? What trends do we see in corporate earnings, employment numbers, trade deficits, and GDP numbers? What technical indicators are we following and what do they tell us?
In the financial world there are plenty of pieces of information to follow. Financial information is sought 24/7.
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Friday, May 20, 2016
How Democrats Can Lose the Presidency to a Fool / ElectionOracle / US Presidential Election 2016
The anti-war movement of the late 1960s and early 1970s was being forged by the youth, energetic and willing to stand up to establishment values. They were the peace-loving environmentally-friendly hippies, the more radical but fun-loving Yippies, and those who held weekday establishment jobs and resented the structure and rules of an older generation that had survived the economic depression of the 1930s, the war years of the 1940s and early 1950s, and now wanted the “Happy Days” comfort of the 1950s.
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Thursday, May 19, 2016
Unintended Consequences, Part 1: Easy Money = Overcapacity = Deflation / Economics / Deflation
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but positive inflation. And for a while it seemed to work.
But that was an illusion. What actually happened was textbook, long-term, surreally-vast misallocation of capital in which individuals, companies and governments were fooled into thinking that adding new factories, stores and infrastructure at a rate several times that of population growth would somehow work out for the best.
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Thursday, May 19, 2016
Market Forecast 2016: Technology a Huge Player / Companies / Tech Stocks
It is being forecast that 2016 is going to see huge advances in technology and if anyone is looking for a place to invest, technology would be the place to start. Technology is infiltrating every aspect of our lives from the clothes we wear to smart gadgets for home and play, if you can buy it, technology had a hand in producing it. According to the Deloitte group of member firms, the backbone of the digital economy is the technology sector and this is where they forecast the most growth this year and probably every year going forward.
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Thursday, May 19, 2016
Bank Bail-Ins Pose Risks To Retail Depositors / Interest-Rates / Credit Crisis 2016
Bank bail-ins pose risks to retail investors and especially savers throughout the western world. The new bail-in rules have been made operational since the beginning of this year in the EU and in many other countries yet the risks and ramifications of bail ins have been largely ignored in most of the media.
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Thursday, May 19, 2016
The Federal Reserve is Not Going To Raise Interest Rates and Destroy Gold / Interest-Rates / US Interest Rates
Yesterday the stock market and gold prices fell into their closing bells after the release of minutes of the Federal Reserve’s April meeting.
The Federal Reserve did not raise interest rates at that meeting, but the minutes showed that some Federal Reserve Board members hope to raise interest rates in June.
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Thursday, May 19, 2016
Stock Market Final Supports Are Broken / Stock-Markets / Stock Markets 2016
SPX has declined again beneath its Head & Shoulders neckline and now beneath yesterday’s low at 2034.49 and the Cycle Bottom support at 2032.59. Yesterday’s call and Wave structure were on the money.
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Thursday, May 19, 2016
Gold - Pro-Inflation? Anti-USD? / Commodities / Gold and Silver 2016
This is the opening segment from the May 15 edition of Notes From the Rabbit Hole, NFTRH 395. I am releasing it for public viewing because it seems, the title’s question has come roaring to the forefront this week. So the information (including the charts) is slightly dated, but becoming intensely relevant as of now.
We anticipated an ‘inflation trade’ or Anti-USD asset market bounce and this has been going on since mid-February. That was when silver wrestled leadership from the first mover, gold (which bottomed in December and turned up in January), and a whole host of other global asset markets began to rise persistently.
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Thursday, May 19, 2016
Why Stock Market Price Spikes Are Actually Your Friend / Stock-Markets / Stock Index Trading
I could go on in detail about why and what price spikes provide us short term trades with, and I will in a future article and video. Keeping things short and simple we will let the charts to the speaking for now because they paint a very clear picture of what they do and how quickly we should expect our profit targets to be reached.
The chart below shows the recent price spikes in the SPY. These spikes come and go, meaning some months we may only see a couple, and other months we see 10-20 of these incredible momentum trading opportunities.
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Thursday, May 19, 2016
Further Stock Market Uncertainty As Indexes Gained On Friday, Will Uptrend Resume? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion speculative long positions are still favored (with stop-loss at 1,850, S&P 500 index).
Our intraday outlook is still bullish, and our short-term outlook remains neutral:
Intraday (next 24 hours) outlook: bullish
Short-term (next 1-2 weeks) outlook: neutral
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish