Friday, October 16, 2015
Censoring Books is Suppressing Freedom of Expression / Politics / Social Issues
The Frankfurt Book Fair is the world’s largest trade convention for publishers and vendors.
This year, the six-day convention, which ends Sunday, brought more than 7,400 exhibitors from 100 countries. Attendance was more than 300,000.
But, hundreds of Iranian publishers, editors, and printers didn’t attend.
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Friday, October 16, 2015
Gold Stocks: Different This Time / Commodities / Gold and Silver Stocks 2015
The title does not include a (?) after it and that is for a reason. The gold sector’s fundamentals, both sector-specific and macro, are improving and this was not the case during the last exciting upturn in the sector circa summer 2014.
Back then, everything from Russia’s move into Ukraine to the Ebola scare were imagined to be sound drivers of the gold price. This stuff proved, as expected, to be wrong when the whole complex made new lows in November of 2014 (prior to this year’s ultimate lows).
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Friday, October 16, 2015
Gold Holdings in GLD ETF Continue to Climb / Commodities / Gold and Silver 2015
A quick update on GLD for the readers and by request…
GLD reported another nice build in reported gold holdings today – about 5 tons. That comes on the heels of a nice increase the previous day of some 7+ tons.
Since October 1, gold holdings have climbed from 689.2 tons to 700 tons. While not a huge build, nonetheless, this is what one wants to see if the gold price is moving higher as it shows investment demand from Western-based investors.
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Friday, October 16, 2015
Gold Companies That Create Extra Value Will Always Reward Investors / Commodities / Gold and Silver Stocks 2015
Even in the worst resource market in history, companies with good management teams can increase in value. In this interview with The Gold Report, U.S. Global Investors CEO Frank Holmes talks about whether this is the right time to get back into gold, and Portfolio Manager Ralph Aldis reports on the performance of companies in the portfolio and shares some of the names in Australia that have done so well he almost feels guilty about how easy it is to make money off them.
The Gold Report: A number of thought leaders in the larger investing community have come out lately in favor of gold. How do you know it is time to move into the resource?
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Friday, October 16, 2015
The Most Important Thing in the World / Stock-Markets / Taxes
By Jared Dillian
As I write this, I am watching the Mets play the Dodgers and not watching the Democratic debate. I can catch the highlights on Twitter. I am half expecting someone to propose a tax rate of over 100%.
Something I’m sure will be suggested at some point is a financial transactions tax, a tiny tax placed on every single financial transaction: stocks, bonds, and derivatives.
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Thursday, October 15, 2015
Stock Market Bearish Topping Formation / Stock-Markets / Stock Markets 2015
Another Orthodox Broadening Top appears to be forming. Whether it makes a new high or not, it appears to be valid and has a potential target of 1532.00.
A reversal here that has not formed a new high has a 65% probability of follow through to the downside as it reverses from the top. Those are fair odds for a short position, although I would still call it an aggressive one. The odds of failure of this formation drop to 4% beneath the lower trendline at 1985.32. That corresponds to the 50-day Moving Average, where the sell signal in SPX would be confirmed.
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Thursday, October 15, 2015
How to Profit From America’s Growing Natural Gas Reserves / Commodities / Natural Gas
David Fessler writes: Once every two years, a little-known committee conducts a very important study. The Potential Gas Committee (PGC) estimates how much natural gas we can recover from U.S. deposits.
Currently, the U.S. uses 26.7 trillion cubic feet (tcf) each year. That’s a lot of gas. Fortunately, the PGC’s 2014 year-end estimate for recoverable gas is 2,515 tcf... or 2.5 quadrillion cubic feet.
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Thursday, October 15, 2015
What the 'Junk-Bond Crisis' Means for Muni Bonds / Interest-Rates / International Bond Market
Dr. David Eifrig writes: It could happen next week... or next month...
Thursday, October 15, 2015
The Third Wave of the Global Financial Crisis / Stock-Markets / Financial Crisis 2015
Massive artificial stock, bond wealth will be looking for a place to go. By the time Goldman Sachs published its widely referenced warning of a third wave in the global financial crisis (mid October), the physical precious metals' markets were already feeling the strain of very strong demand against a rapidly dwindling supply. China, the country seemingly at the epicenter of the developing emerging market crisis, by itself had taken 911 tonnes of gold off the market in the first half of 2015 – a number when annualized that represents nearly two-thirds of the world's mine production. India, another of the so-called BRICS nations (Brazil, Russia, India, China and South Africa) was a strong second at 400-500 tonnes. In the Occident, gold demand was strong, but silver demand was even stronger. Global mints were reporting off-the-charts demand for silver bullion coins. Coin premiums were on the rise in extremis at one point reaching almost $6 per ounce on the popular silver American Eagle.
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Thursday, October 15, 2015
The "Personality" of Stock Market Waves / InvestorEducation / Elliott Wave Theory
Are movements in the markets just prices or is there more to it?
Elliott waves don't merely reflect prices plotted over time. Each wave has its own "personality." Watch this video by EWI's Wayne Gorman to learn more about the psychology behind the waves and how it affects your investment decisions.
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Thursday, October 15, 2015
Are The Junior Gold Miners (GDXJ) On The Verge of a Major Breakout at $23? / Commodities / Gold and Silver Stocks 2015
Junior gold miners may be on the verge of a major breakout past three month highs after The Federal Reserve continues to push back interest rate increases. There is a stealth rally underway for junior miners as gold tests resistance after bouncing off its lows in late July. Investors appear to be rotating from the Dow into precious metals as investors may be anticipating even greater easing efforts globally due to China's recent weakness and Yuan devaluation. This could continue to push precious metals, the large miners such as Barrick Gold (NYSE:ABX) and mid-tiers such as Alamos Gold (NYSE:AGI) higher. The fear of rate increases that pushed precious metals down is decreasing. The recent rally in precious metals and junior miners may be just beginning as I expect to see increased mergers and acquisitions off of these depressed low prices.Read full article... Read full article...
Thursday, October 15, 2015
Gold Surprise / Commodities / Gold and Silver 2015
The surprises are going to the upside for gold, and that is obviously a change in behavior. The miners are roaring higher and are outside of their Bollinger Bands for multiple days, a sure sign of strength. Up until very recently, the Investor Cycle had showed us relatively little to get excited about. But suddenly, eleven weeks into the Cycle and right where you would have expected it to turn lower, gold has found yet another gear.
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Thursday, October 15, 2015
GBPAUD: More Gains Are In Sight / Currencies / British Pound
We have seen deep three wave decline in on GBPAUD from August highs that can be now coming to an end after recent nice turn up from 2.0785 area. Notice that there was a triangle in wave (B) so recent leg down must be wave (C) final wave within a corrective move. That said, our view is bullish now, so be aware of more gains ahead, especially after 2.1305 is broken. We are tracking this one for longs.
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Thursday, October 15, 2015
U.S. Dollar, Currency Markets Trend Forecasts Update / Currencies / Forex Trading
I thought I would do a deeper dive to revisit the currencies and US Dollar again, because there are a lot of comments out in cyberspace and the general media about how things are not that bad. The US stock market is having a massive short-covering rally, which is merely a mechanical knee-jerk reaction to an oversold condition. As I mentioned last week, there is still going to be another 2-3 weeks of upside in the "other currencies" and commodities, but when a top is put in place, one will want to make sure they are sitting on a chair, because it will get ugly.
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Thursday, October 15, 2015
Silver Prices and Technical Analysis / Commodities / Gold and Silver 2015
We started this series “shallow and wide” on the subject of what's really determining the silver price…
What are the factors, the most influential factors right now? Last week we covered high-frequency trading and algorithm trading in association with the future's market. This week we're going to kind of go on a second factor, which is silver prices and technical analysis.
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Thursday, October 15, 2015
Ignore The Media Bullsh*t – Retail Implosion Proves We Are In Recession / Economics / Recession 2015
Here we go again. The dying legacy media will continue to support the status quo, who provide their dwindling advertising revenue, by papering over the truth with platitudes, lies, and misinformation. I have been detailing the long slow death of retail in America for the last few years. The data and facts are unequivocal. Therefore, the establishment and their media mouthpieces need to suppress the truth.
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Thursday, October 15, 2015
Gold Price Flashes Buy Signal on Technical Breakout / Commodities / Gold and Silver 2015
Gold is rocketing higher during the first two weeks of October, up roughly $75 to $1,185 today. This is a gain of 6.7% in just two weeks as investors are increasingly betting that the gold price has bottomed.
The price advance is being driven partially by comments from Federal Reserve board members suggesting that a rate hike is not a sure thing in 2015, as most analysts had once expected. This news has helped to push the dollar lower and precious metals higher over the past few weeks.
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Thursday, October 15, 2015
This Unique Oil Stock is Offering A Huge Dividend Yield / Companies / Oil Companies
By Justin Spittler
One of Casey Research's biggest calls this year is paying off…
In early August, E.B. Tucker, editor of The Casey Report, told subscribers how to profit from the world’s oversupply of oil.
If you read financial newspapers for more than a week, you’ll notice that global oil production is near record highs. Last year, global oil output reached its highest level in at least twenty-five years, according to the U.S. Energy Information Administration (EIA).
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Wednesday, October 14, 2015
How Can Bank of America Drive Better Efficiency? / Companies / Banking Stocks
Brian Moynihan, CEO of Bank of America, spoke with Bloomberg TV’s Erik Schatzker about the bank's earnings and performance.
Moynihan said that the efficiency ratio should be 500 BPS lower and the company has a plan to get it there. When asked about how he will do it, Moynihan said: "The headcount will come down because there were 60 percent people costs. There's not enough other costs to save a lot of money, but question is how you do that."
Wednesday, October 14, 2015
Israel Anti-Palestinian Viciousness Rages / Politics / Palestine