Tuesday, January 19, 2016

Oil price Slump Leads To Shale 2.0, The Great Crew Change, And COP21 / Commodities / Crude Oil

By: Submissions

Alfidi Capital writes: The oil sector's bear attack shows no signs of abating. OPEC's Saudi-led push for huge overproduction is driving the US shale sector to the brink of collapse. The post-crash survivors can benefit from "Shale 2.0" technologies that keep their costs down. They will need every advantage they can get when the "Great Crew Change" makes finding human talent harder and the UN's COP21 protocols make hydrocarbon production less desirable.

Tuesday, January 19, 2016

Why This Economic Slump Has Legs / Economics / Recession 2016

By: Raul_I_Meijer

We’ve only really been in two weeks of trading in the new year, things are looking pretty bad to say the least, so predictably the press are asking -and often answering- questions about when the slump will be over. Rebound, recovery, the usual terminology. When will we get back to growth?

For me personally, but that’s just me, that last question sounds a bit more stupid every single time I hear and read it. Just a bit, but there’s been a lot of those bits, more than I care to remember. Luckily, the answer is easy. The slump will not be over for a very long time, there will be no rebound or recovery, and please stop talking about a return to growth unless you can explain what you want to grow into.

Tuesday, January 19, 2016

Crude Oil Price Stabilises above $30 Following New U.S. Sanctions Imposed on Duped Iran / Commodities / Crude Oil

By: Nadeem_Walayat

The crude oil price reversed direction Monday to climb back above $30 (WTIC) as the market has started to discount the probability that the Iranians have been duped into given up nuclear weaponry, in a perpetual U.S. game of sanctions for ever for the purpose of Iran being systematically disarmed of it's military capacity much as Iraq was disarmed before a pretext for invasion was manufactured by the Intelligence Agencies all to appease the Saudi and Israeli fundamentalist states (Islamic and Jewish).

Monday, January 18, 2016

Ron Paul on When Peace Breaks Out With Iran... / Politics / US Politics

By: Dr_Ron_Paul

This has been the most dramatic week in US/Iranian relations since 1979.

Last weekend ten US Navy personnel were caught in Iranian waters, as the Pentagon kept changing its story on how they got there. It could have been a disaster for President Obama's big gamble on diplomacy over conflict with Iran. But after several rounds of telephone diplomacy between Secretary of State John Kerry and his Iranian counterpart Javad Zarif, the Iranian leadership - which we are told by the neocons is too irrational to even talk to - did a most rational thing: weighing the costs and benefits they decided it made more sense not to belabor the question of what an armed US Naval vessel was doing just miles from an Iranian military base. Instead of escalating, the Iranian government fed the sailors and sent them back to their base in Bahrain.

Monday, January 18, 2016

A Look at the Global Stock Markets / Stock-Markets / Global Stock Markets

By: Anthony_Cherniawski

Good Morning!

`SPX futures remained beneath its Head & Shoulders neckline overnight, despite ZeroHedge’s report of an equity futures rebound. Since that early report, SPX and Dow futures dumped. “Remember when oil was in the green (because Iran was "priced in") and stocks were in the green (because China was "fixed") this morning? Well, that's over. The dip-buying algo's reflex has run the stops, filled the gaps to unchanged and now stocks and crude are turning lower once again.

Monday, January 18, 2016

Financial Crisis 2016 - This Is Not 2008: It’s Actually Worse / Stock-Markets / Financial Crisis 2016

By: Michael_Pento

The S&P 500 has begun 2016 with its worst performance ever. This has prompted Wall Street apologists to come out in full force and try to explain why the chaos in global currencies and equities will not be a repeat of 2008. Nor do they want investors to believe this environment is commensurate with the Dot.Com Bubble that caused the NASDAQ to plummet 78% and the S&P 500 to shed 35% of its value. In fact, they claim the current turmoil in China is not even comparable to the 1997 Asian Debt Crisis: when dollar-denominated debt loads couldn’t be repaid and the Thai baht lost half its value, and the stock market dropped 75%.

Monday, January 18, 2016

Central Banks: the Biggest Short of All / Interest-Rates / Central Banks

By: Mario_Innecco

Transcript Excerpt: Monday January 18th 2006 still like to talk about the big short book written by
mouth Michael movers who is really a lot of other books about finance he wrote
liars poker that was the region no
also lashed boys Wall Street that came out in 2014 the bigger shirt came was
written in and came out in 2010 and I watched the new movie that's come out
the big short that came out on December 15th in the USA is interesting because
it was the day before
hydrates and Wikipedia call in the American biographical comedy drama and
it's interesting to see that it cost twenty million to me the movie and it's
already grossed seventy million dollars in box office which is not bad for a

Monday, January 18, 2016

Gold Price Has Passed the Lows / Commodities / Gold and Silver 2016

By: Bob_Kirtley

We preface this article by stating that we are neither gold bears nor bulls. We traders and we target trades with the best possible risk reward dynamics, regardless of market direction. At the founding of our service, SK OptionTrader, we were bullish on the yellow metal and banked considerable profits as gold rallied to all-time highs. Beginning in 2013 we took a heavily bearish view, and again banked triple digit returns on gold as it declined. Now, we believe we have seen the lows and are preparing to get long gold once again.

Monday, January 18, 2016

Free Cash Incentives Tempt Bank Current Account Switchers / Personal_Finance / Current Accounts

By: MoneyFacts

Current accounts are renowned for their perks, which can include benefits such as insurance add-ons, but providers are now upping the ante by offering cash bonuses to entice new customers.

Since the launch of the Current Account Switch Guarantee in 2013, Moneyfacts.co.uk has seen a sharp rise in the number of cash incentives being offered with current accounts, with some deals boasting sums of up to £220 a year.

Monday, January 18, 2016

Crude Oil Price Trend Forecast 2016 - Video By Nadeem Walayat / Commodities / Crude Oil

By: Nadeem_Walayat

After a savage bear market for the oil market for the whole of 2015, the crude oil price has got 2016 off with a bang by plunging to just below $30 before recovering at the last close to $30.68 (WTIC). One does not need to look far for the negative fundamentals that are driving the oil price into dust. Fundamentals such as the sharp slowdown in the Chinese economy, fundamentals such as the apparent oil war that Saudi Arabia is engaged in with the United States shale oil industry and now added to are fundamentals of lifting of sanctions against Iran that can literally immediately flood the oil market with 50 million barrels of crude oil in storage and looks set to up its output by 1m b/d this year.

Monday, January 18, 2016

Gold and Silver Mining Stocks Bottom ?..Do they Ring a Bell ? / Commodities / Gold and Silver Stocks 2016

By: Rambus_Chartology

Today I would like to take a look at the PM complex as there are some interesting charts building out. Please don’t confuse this report with what Sir Spock, Sir Norvast and others are doing at the Chartology Forum as they’re looking for undervalued PM stocks that will be ready to buy when the time is right. In some cases the time might be now as a few of the PM stocks are holding support. In the vast majority of the cases though, excluding some of the Australian and a few South African PM stocks, most are still under pressure. So for some folks who like to get in a little early and have the patience to wait for the bear market to exhaust itself, one can start picking up a few shares of their favorite PM stocks and see what happens. There won’t be a bell go off at the bottom I can assure you of that.

Monday, January 18, 2016

Stock Market Panic Could Drop Like 1987 Crash - Video / Stock-Markets / Financial Crash

By: Gary_Savage

Transcript Excerpt: In this weekend update just gonna take a quick look at the stock market on Friday
the market did come down like I was looking for and we did break that August
low so we have to fill the requirement of this left translated intermediate
cycle breaking below the previous low this August low however it's still
pretty early in the daily cycle so we should still have 15 least 15 trading
days I would think and I am before we get that final ozawa really gonna look
for final bottom until the end of January that last week in January to see
what the Fed does it text of CBT maybe the first week or two
February before we get debt problems we may have to go past the next employment

Monday, January 18, 2016

The Stock Market Punch Bowl is Gone / Stock-Markets / Stock Markets 2016

By: Dan_Norcini

It has been a long time since I put up this chart comparing the S&P 500 index with the size of the Federal Reserve's Balance sheet. The old adage that "a picture is worth a thousand words" is most appropriate in this instance.

Monday, January 18, 2016

Forex Currency Pairs Guide / Currencies / Forex Trading

By: Boris_Dzhingarov

Currency Pairs
Forex trading works due to the value of a currency being determined by its relative value in comparison to another, you in currency pairings for this exact reason. These pairs are made up of a base currency (the first one) and a quote currency (the second). For example, with the GBP/USD currency pair the GB Pound is the base and the US Dollar is the quote. The pair shows how much of the quote currency is needed to purchase one unit of the base currency.

Sunday, January 17, 2016

New US Sanctions on Iran? / Politics / US Politics

By: Stephen_Lendman

With Iran celebrating international sanctions lifted on its entirely peaceful nuclear program, the US Treasury imposed new ones unilaterally and illegally - again solely for political reasons.

A Treasury press release said Iran’s ballistic missile program was targeted, unrelated to its nuclear activities.

Sunday, January 17, 2016

The Bursting of the Bond Bubble Has Begun - Pt 2 / Interest-Rates / International Bond Market

By: Graham_Summers

As we wrote earlier this week, bursting of the bond bubble has begun.

The decision by Central Banks to “inflate” the system’s debts away post-2008 has resulted in the misallocation of trillions of Dollars of capital.

The worst offenders were Chinese corporates. China has created the single largest mountain of bad debt in the world. Indeed, things are so out of control in China that 45% of all proceeds from new bond issuance are being used just to pay off interest on old loans.

Sunday, January 17, 2016

Gold and Silver Rally, Miners Spanked on Stock Option Expiry / Commodities / Gold and Silver 2016

By: Jesse

"Price discovery is not a sexy function of markets, but it is critical to the efficient allocation of scarce capital and resources, and to the preservation of the long term wealth of investors and the economy as a whole. If price discovery is compromised by manipulation, then we will all be gradually impoverished and the economy will be imbalanced and unstable."

London Banker, Lies, Damn Lies, and Libor

Sunday, January 17, 2016

U.S. Economy - The Chart that Explains Everything! / Economics / US Economy

By: Mike_Whitney

Why is the economy barely growing after seven years of zero rates and easy money? Why are wages and incomes sagging when stock and bond prices have gone through the roof? Why are stocks experiencing such extreme volatility when the Fed increased rates by a mere quarter of a percent?

It’s the policy, stupid. And here’s the chart that explains exactly what the policy is.

Sunday, January 17, 2016

California Major Catastrophe: Major Media Problem / Commodities / Natural Gas

By: Walter_Brasch

On Oct. 23, Southern California Gas technicians discovered a leak of methane from a failed casing on one of the pipes in its Alisa Canyon storage facility, about 30 miles northwest of Los Angeles.

The company estimates it will be the end of March until it can plug that leak from the pipe that is about 9,000 feet deep.

Sunday, January 17, 2016

Crude Oil Price Crash Triggering Global Instability, Trend Forecast 2016 / Commodities / Crude Oil

By: Nadeem_Walayat

The crude oil price collapse of 2015 has continued into 2016 with the price of oil plunging to a 12 year low of just under $30 per barrel as a consequence of a perfect storm of falling demand, primarily due to the slowing Chinese economy and relentlessly rising output that is not just limited to the usual OPEC suspects but is as the natural consequences of the fracking boom that continued to ripple out from the US to across the world during 2015.