Tuesday, September 22, 2015
Keynes Would Be "Buying Gold Hand Over Fist" Today / Commodities / Gold and Silver 2015
- What Keynes would think of today’s “Neo-Keynesians”
- Unlike his acolytes, he understood the value of gold and the dangers of currency debasement
- Keynes did not desire “a world where currencies are backed by nothing more than a governmental promise to pay while the printing presses whirled unchecked”
Read full article... Read full article...
Tuesday, September 22, 2015
What to Expect from Stocks into 2016 / Stock-Markets / Stock Markets 2015
MoneyMorning.com D.R. Barton writes: We're living in the proverbial interesting times.
As a technical trader, it's intriguing to me that all the headline-generating volatility – and U.S. Federal Reserve inaction – we've seen lately really hasn't made the market nosedive or skyrocket for any significant length of time.
And so investors, who need to know what's coming next, are looking in some strange places to find the answer.
Read full article... Read full article...
Tuesday, September 22, 2015
Defending National Sovereignty from the NWO / Politics / New World Order
In a world that is virtually unrecognizable from the universal principles that underpinned Western Civilization, the fundamental concept of national sovereignty is being attacked as a relic of a former age. The New World Order is designed to eliminate the self-government of sovereign nations. While individuals live under the domain of established states, the fact that specific regimes operate within and often under the auspices of international hegemony that routinely violates the independence of specific countries is undeniable. The “world community” is not a voluntary association of collaborating governments; it is a euphemism of a top down despotic authoritarian system for global control and punishment for uncooperative governments.
Read full article... Read full article...
Tuesday, September 22, 2015
Merkel’s Next Big Headache: Volkswagen’s ‘Defeat Device’ / Companies / Germany
Angela Merkel has another huge headache on her plate. She seems to attract those these days. And given how she’s been dealing with the last few migraines coming her way, perhaps she deserves them.
For now, it’s a story of one carmaker, Volkswagen. And in one country, the USA. A country in which the diesel engine is somewhat of an orphan, making up just a few percent of the total car market. But the “defeat device” scandal will not stop there.
Read full article... Read full article...
Tuesday, September 22, 2015
War on Cash, Bank of England Planning Hyper QE, Scrapping Cash for Digital Currency / Interest-Rates / Central Banks
The Bank of England announces its latest cunning plan in its ongoing 'War on Cash' under the cover of Europe's refugee crisis that is witnessing Eastern European hypocrisy, such as that of Hungary forgetting its own past of sending hundreds of thousands of refugees westwards for over 60 years, and the most recent wave of 1 million or so of economic migrants many of whom receive in work benefits such as tax credits, nevertheless balk at the thought of giving refuge to a single refugee and instead have mobilised their crack troops against defenseless men, women and children.
Read full article... Read full article...
Tuesday, September 22, 2015
Stock Market Fear Versus Fundamentals....No Winner For Now.... / Stock-Markets / Stock Markets 2015
A horrible market environment exists when there are have two opposing forces battling it out, each with a great weapon on their side. The bulls have a very powerful weapon in the form of fear. The masses are very fearful here. Pessimism is ramping. The bears also have a strong weapon on their side. A weakening, global, economic environment. Two powerful market forces fighting it out every single day. Since sentiment is such a strong force all the time in the market it's going to be nearly impossible to break forcefully below 1867 on a closing basis. Not impossible, of course, but very difficult. It would take some really bad news to make that a reality.
Read full article... Read full article...
Tuesday, September 22, 2015
World Enters Twilight Zone Where Markets Demand Higher Interest Rates / Stock-Markets / Stock Markets 2015
So the Fed decides not to raise rates, and global stocks tank. Then they trot out their in-house PR staffer Jim Bullard to proclaim that rates will go up next month — and US stocks rally. What’s going on here?
Read full article... Read full article...
Tuesday, September 22, 2015
"Interest Rates Drive Stocks"? See 4 Charts That Tell You the Truth / Stock-Markets / Stock Markets 2015
These 4 charts show why you should be careful with this common investment "wisdom"
Robert Prechter's monthly Elliott Wave Theorist once published a ten-part study explaining why traditional financial models failed to foresee the 2007-2009 financial crisis -- and, more importantly, why they are doomed to fail again (and again).
Read full article... Read full article...
Tuesday, September 22, 2015
Conspiracy Facts Show Precious Metals Prices Have to Rise / Commodities / Gold and Silver 2015
Even in a frozen metals price market, it only takes one event to shake off the paper manipulation keeping prices below what supply and demand fundamentals of a free market would dictate. And when that correction comes, it could happen quickly. In this interview with The Gold Report, The Morgan Report Publisher David Morgan shares his favorite ways to own leverage to metals prices upside while protecting against junior mining risk.
Read full article... Read full article...
Monday, September 21, 2015
Income Options for Seniors Running Out of Money / Personal_Finance / Pensions & Retirement
Marc Lichtenfeld writes:Many people remember fondly when their parents gave them allowances for doing chores around the house or maybe a few bucks for their birthdays.
However, with over half of today’s seniors unable to pay for their basic needs, more and more adult children are taking care of their parents’ finances.
Read full article... Read full article...
Monday, September 21, 2015
Citibank Calls for Helicopter Money Drops across the Globe / Stock-Markets / Quantitative Easing
Stefan Gleason writes: A quietly panicking Janet Yellen and the Federal Open Market Committee (FOMC) decided the U.S. economy still isn’t ready for an interest rate hike last week and left the Fed funds rate at essentially zero – the same level to which the Fed’s credibility has now sunk.
After incessantly hyping the notion an economic recovery would allow the “normalization” of interest rates, the decision not to act suggests the economy is much weaker than they have attempted to persuade us.
Read full article... Read full article...
Monday, September 21, 2015
Stock Market Just Formed a “Death Cross” - Should You Worry? / Stock-Markets / Stock Markets 2015
By Justin Spittler
The world economy appears to be stalling…
Yesterday, we got news that South Korea’s exports dropped 14.7% since last August...their largest decline since the financial crisis. It’s far worse than the 5.9% drop economists were expecting.
Read full article... Read full article...
Monday, September 21, 2015
Refugee Crisis - Merkel Opens the Flood Gates / Politics / Refugee Crisis
“The European Project has very little economic and political capital left to defend it if anything goes wrong now. As Mr Juncker says, the bell tolls.”
– Ambrose Evans-Pritchard
Perhaps I should issue a storm warning for this letter. Maybe it’s because I had major gum surgery on my entire lower jaw this week and am in a bit of discomfort, but as I read the news coming through my inbox, it’s not helping my mood. This week’s letter will focus on the immigration crisis in Europe – after I muse on what I think is the very disturbing aftermath of this week’s Federal Reserve meeting.
Read full article... Read full article...
Monday, September 21, 2015
Liquidity May be Leaving the Markets / Stock-Markets / Stock Markets 2015
Good Morning!
SPX appears to have completed its first impulse from the high on Thursday. This morning’s Premarket shows SPX up about 12 points, and may go as high as the lower trendline of the Flag or Wedge formation at 1980.00. That would constitute a 34% retracement, which would be average for this position. But the futures are already showing weakness, so there are no assurances of that target being met.
Read full article... Read full article...
Monday, September 21, 2015
Russians Buy 1 Million Ounces of Gold Bars In August / Commodities / Gold and Silver 2015
Russia’s gold reserves rose to 42.4 million troy ounces as of September 1 compared with 41.4 million troy ounces a month earlier, the Russian central bank announced on Friday.
Read full article... Read full article...
Monday, September 21, 2015
Stocks Bear Markets, Recessions and the Bewildered Fed / Stock-Markets / Stock Markets 2015
A popular Wall Street myth is that bear markets are caused by recessions. The contention is as long as the economy isn't in a recession stock prices won't drop by more than 20 percent. And since the cheerleaders who dominate Wall Street never predict a recession, it should come as no surprise they never foresee the bear market that always precedes two negative quarters of GDP growth. The truth is Bear markets and recessions do not occur simultaneously, bear markets both predict and help engender a recession to occur.
Read full article... Read full article...
Monday, September 21, 2015
What the Fed's Interest Rate "Hold" Means for Crude Oil Prices / Commodities / Crude Oil
MoneyMorning.com Dr. Kent Moors writes: The nine years of historically low interest rates will continue in the wake of Fed Chairwoman Janet Yellen's decision to not hike rates – to not yet remove the proverbial punchbowl from the easy-money party.
It was a classic "50-50" proposition; it didn't seem likely the Fed would move to roil global markets, but given the perceived strength of the labor market, a hike wasn't out of the question.
Read full article... Read full article...
Monday, September 21, 2015
Remortgagors Reap the Benefits / Housing-Market / Mortgages
Moneyfacts.co.uk data can reveal that not only are remortgagors reaping the benefits of more products on the market, but they’re also profiting from significantly lower rates.
With remortgage activity surging to its highest level in four-years*, it looks as though there has been no better time to take advantage of the great deals on offer. The table below highlights how the number of products available to remortgage customers on the market has increased while the rates charged have simultaneously fallen.
Read full article... Read full article...
Monday, September 21, 2015
Silver Price Illusion Versus Reality - A Little Help Keeping Your Head About You / Commodities / Gold and Silver 2015
Hey, stay right there. I'm really happy to be here. If you know me or if you're brand new to this, I'm excited because number 1, I get to talk about what silver prices look like in the current reality versus the inevitable reality. Also this is the first time that I've been able to present in this format, so I look forward to seeing how it goes. If you don’t know me…Read full article... Read full article...
Monday, September 21, 2015
Gold Price Rally: The Bottom is In? / Commodities / Gold and Silver 2015
As mentioned in an earlier post this morning, the TRIPLE THREE safe havens, the Yen, Bonds and Gold, are all getting a boost in today's session with the Bonds being the stand out performer as can be expected.
Gold, while moving higher, is also being weighed down by falling commodity prices with weakness in this sector a reason why many traders are selling into its rally.
Read full article... Read full article...