Wednesday, May 11, 2016
BBC Global 30 Index signalling That Stocks Bull Market is Not Over / Stock-Markets / Stock Markets 2016
By: Sol_Palha
All men can see these tactics whereby I conquer, but what none can see is the strategy out of which victory is evolved. Sun TzuThis index gives one an idea of how the global economy is doing; it combines the economic information of 30 of the world’s largest companies. If it is faring badly, then it’s a signal that the global economy is not holding up well.
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Wednesday, May 11, 2016
Stocks Bull Market Is Exhausted; Make the Move to Gold / Commodities / Gold and Silver 2016
By: The_Gold_Report
Legendary investor Stan Druckenmiller, founder of Duquesne Capital Management LLC, told the Sohn Investment Conference in New York last week that he is bullish on gold and bearish on the stock market. Gold, he told the conference, "is our largest currency allocation."
Druckenmiller recommended that investors sell their equity holdings. "The bull market is exhausting itself," he told the conference. A major factor has been the Federal Reserve's easy money policy, which has resulted in "reckless" corporate behavior.
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Wednesday, May 11, 2016
Finance + Stress = Suicide / Politics / Social Issues
By: Raul_I_Meijer
Last night, I made it back to Athens, still half a cripple, but there must be someone in this city who knows how to stick needles in the appropriate muscles, right?!, paid the rent for the Social Kitchen big house/nerve center late this morning, a tough 1 mile walk for my leg muscles -they kill me!-, still, that’s done, and hoping to get back to writing articles very soon, but having an ouzo right now just to make sure I blend in with the Romans. One can never be too sure.
Wednesday, May 11, 2016
A Perspective on the Markets / Stock-Markets / Financial Markets 2016
By: Anthony_Cherniawski
Good Morning!
I wanted to do a survey of the major domestic stock indices to get a “feel” for where we may be.
The first is the NDX, which has the cleanest pattern. Note the clear (no overlap) pattern in the decline. This decline begs to be extended in a series of impulsive declines. In a measured decline, the NDX may drop to 3724.00, below both the February and the August lows.
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Wednesday, May 11, 2016
Gold Bullion Is “Long Term Insurance Policy” – HSBC’s Steel / Commodities / Gold and Silver 2016
By: GoldCore
Gold bullion is a “long term insurance policy” according to James Steel, chief commodities analyst at HSBC, who spoke with Tom Keene about what’s driving gold markets on “Bloomberg Surveillance” yesterday.
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Wednesday, May 11, 2016
Brexit Used as Scapegoat for Deliberate UK Inflationary Policy - Video / ElectionOracle / EU_Referendum
By: Mario_Innecco
Transcript Excerpt: hi its Wednesday May 11th 2016 I'm going to be talking here about Forex it and
inflation in the UK there is an article out in the Telegraph taco dot UK website
major UK newspaper The Daily Telegraph and the headline set backs it four
straight up to three and a half percent within 18 months says newest MPC member
or monetary policy committee member he used to be chief economist at citibank
his name is Michael Saunders and the reason he's saying that he is that he
thinks if the UK vote to leave the European Union or breaks it that the
pound dropped fifteen to twenty percent and that could drive up inflation as the
pound dropped in value which makes sense I agree for once I agree with...
Wednesday, May 11, 2016
Can You Actually Live Too Long? / Economics / Demographics
By: Rodney_Johnson
The mainstream media has your number. You make too much money, you don’t pay enough in taxes, and you get too many tax deductions.Now there’s a new charge to add to the list – you live too long.
We all know that Social Security favors low-income workers. As the graph illustrates, for those at the low end of the average wage scale, Social Security replaces a little more than 50% of their income.
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Wednesday, May 11, 2016
Saudi Aramco Oil Sale? I Won’t Buy It / Commodities / Oil Companies
By: Rodney_Johnson
Saudi Arabia has a problem. The country’s wealth is completely dependent on oil revenue, which state officials use to bribe the population into submission.But with the price of oil hovering in the mid-$40s, after falling from over $100 in recent years, the Saudis have been dipping into their national piggy bank to make good on their social promises.
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Wednesday, May 11, 2016
UBL Slashes Best Fixed Rate Cash ISA by 23%! - Urgent Action! / Personal_Finance / ISA's
By: Nadeem_Walayat
UBL's (United Bank UK) best buy fixed rate cash ISA that I have been tracking or a while has had its interest rate slashed by a whopping 23% on the 10th of May 2016 to a mere pittance of just 1.7% for a 5 year fix down from 2.2%, with similar deep cuts on other fixed terms as the following table illustrates.
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Wednesday, May 11, 2016
BrExit Freedom - New Dawn, New Life for Britain on 23rd June EU Referendum / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
Operation Fear, (REMAIN Camp) keeps ratcheting up the threat of what awaits Britain should the people choose to vote for freedom on June 23rd. The most recent warnings of which were literally that BrExit trigger a world war, a nuclear apocalypse. Which is completely ignorant of the fact that it is NATO and not the EU which has kept the peace for over 70 years, including defeated the Soviet Union, NATO not the EU! Whilst FEAR also appears to be the primary message out of the LEAVE camp, Fear of out of control immigration, fear of EU bailouts forever, which whilst being far closer to the truth than the REMAIN camps fear mongering, nevertheless the messages of FEAR are all prevailing, frightening and turning people off. So instead I offer my latest video as a message of HOPE (mostly), a message of a New Dawn, New Life for Britain, summed up in one word FREEDOM!
Wednesday, May 11, 2016
Reviewing the Basics of the Elliott Wave Principle: The Ending Diagonal / InvestorEducation / Elliott Wave Theory
By: EWI
Free Lesson from Jeffrey Kennedy's Trader's Classroom
The Wave Principle classifies price action as either motive or corrective. Motive waves move in the direction of the trend and include impulse waves and diagonals. Today, you can listen to a lesson from Jeffrey Kennedy's Trader's Classroom in which he teaches you about basics of the ending diagonal and why this pattern is so dynamic. You'll then see an example in the chart of United States Steel Corporation (X).
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Wednesday, May 11, 2016
CBOE Stock Market Volatility Index / Stock-Markets / Stock Markets 2016
By: Ed_Carlson
The VIX gave up 0.98 points last week to close at 14.72 after peaking on the expected short-term cycle high on Wednesday. Since March, the VIX has been turned back by resistance at 16.40 several times highlighting the importance of this level. A breakout from 16.40 will be very bearish for equities. Last Friday was an expected 34-day cycle low. The weekly Coppock is very oversold warning of a tradable rally in the VIX (bearish equities).
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Wednesday, May 11, 2016
Commercial Gold 'Hedgers' Turn Up the Heat / Commodities / Gold and Silver 2016
By: The_Gold_Report
Michael Ballanger discusses the most recent COT report, which shows levels not seen since 2010–2011.
Wednesday, May 11, 2016
How Strong is The U.S. Economy Really? / Economics / US Economy
By: Clif_Droke
In the six years since the recovery began, there has been endless debate over the strength of the U.S. economy. There are basically two sides of the debate. Those taking the positive side maintain the economy has almost returned to its pre-crisis levels and is on a firm footing. The opposing camp maintains that while the upper classes are in fine shape, the middle class is still hurting from the residual damage inflicted by the housing bubble implosion and credit crash. Is one side entirely mistaken or is there truth to both assertions?
Tuesday, May 10, 2016
Inflationist Gold Bugs Have Driven the Rally / Commodities / Gold and Silver 2016
By: Gary_Tanashian
[edit] The post began as a simple view of the inflationary dynamics in play within the precious metals market but as sometimes happens it, err… expanded. Please excuse the wordiness. But I would rather be wordy and try to make points backed in facts and data than backed only by my biased ego.
Not that I have proof (re: the title), but I do have some charts to help make the point that people who bought gold and gold stocks due to inflation fears have been driving the gold sector higher since March.
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Tuesday, May 10, 2016
SPX May Have Fulfilled its Retracement Requirements / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has challenged its hourly mid-Cycle resistance at 2078.02 and pulled back. It has now completed 94 hours at 1100 hours from the April 20 high at 2111.04. An interesting Cycle measure comes up here. It is 3.1416 X 30 hours = 94.25 hours. This suggests the rally may be over at or near 1115 hours. The European market closes at 1130, so there may be some linkage between markets.
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Tuesday, May 10, 2016
Bitcoin Price Space for Move up Limited / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, target at $153, stop-loss at $515.
A Swiss town is now embracing Bitcoin in an experimental move, we read on the Engadged website:
Most experiments in paying with digital currencies have come from private companies, but the Swiss town of Zug is trying something different. As of July 1st, the community is launching a trial that will let you pay for public services using Bitcoin -- as long as you're shelling out the equivalent of 200 francs ($206 US) or less, you can skip old-fashioned money. The trial will run through the rest of 2016, though whether or not it lives beyond that depends on the town council's findings.
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Tuesday, May 10, 2016
Greece Again Surrenders to Troika Bandits / Politics / Eurozone Debt Crisis
By: Stephen_Lendman
On Sunday, long-suffering Greeks suffered another body blow. Parliamentarians voted 153 to 143 for greater austerity than already, exclusively benefitting Western bankers and large investors, social justice entirely ignored.
A three day anti-austerity strike featured protests and sit-ins. Large parts of Greece’s economy were shut down, including transport, schools and other public services to no avail.
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Tuesday, May 10, 2016
Is a Cash Ban and Carry Tax Coming to the US? / Personal_Finance / War on Cash
By: Graham_Summers
Europe has banned the use of €500 bills.
The reason?
They claim these bills are used in money laundering and for drugs. And if you believe that is the concern, you probably believe the earth is flat.
The fact of the matter is that Europe is now the center for misguided Central Planning for monetary policy. ECB President Mario Draghi has cut interest rates not once, not twice, not even thrice, but FOUR times into NIRP.
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Tuesday, May 10, 2016
China to Suck Up the World's Physical Gold Using Shanghai Gold Exchange and Arbitrage / Commodities / Gold and Silver 2016
By: MoneyMetals
Mike Gleason: This is Mike Gleason with Money Metals Exchange and it is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well known blogs in the industry and has been covering the precious metals for close to a decade now and puts out some of the very best analysis on banking schemes, the flaws of Keynesian economics, and evidence of manipulation in the gold and silver markets.
Craig, it's great to have you back with us and thanks for joining us again today. Welcome!
Craig Hemke: Mike, it's my pleasure and thank you for the kind words. I appreciate it.
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