Friday, August 07, 2015
Bill Gross Warns Fed Will Raise U.S. Interest Rates in September by 25 Basis Points / InvestorEducation / US Interest Rates
Bill Gross of Janus Capital spoke with Bloomberg's Tom Keene following today's jobs report.
Gross said he sees the Fed raising interest rates in September by 25 basis points: "There have some pretty strong signals from Lockhart and others that September is the number. And I think it's because of financial conditions. We know that inflation is close to zero. Yes, unemployment is steady, but low... Whether it's 25 or 50 basis points-- probably 25, I hope. 50 would scare the market."
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Friday, August 07, 2015
History Repeats. Gold Protect From Devaluations and Risks / Commodities / Gold and Silver 2015
- Simplistic gold analysis speculates solely on price
- Forgets vital importance of diversification
- Lorcan Roche Kelly’s analysis lacks all context
- Ignores huge physical demand for gold coins and bars
- Today’s world is very different to the world of the 1980s and 1990s
- Alas, financial crisis has been postponed not averted
- Physical gold will have value when paper and digital wealth is devalued, confiscated or inaccessible …
Friday, August 07, 2015
This Bioscience Company Has "Nearly Limitless" Income Potential / Companies / BioTech
MoneyMorning.com Ernie Tremblay writes: Medical device companies can be profit-making machines – one manufacturer of magnetic resonance imaging (MRI) machines and other high-tech products is up more than 250% over the past 12 months, for instance.
Most of them make their living by staying on the leading edge of innovation, producing some of the coolest gadgets you can imagine.
And, even better, they can deliver some of the most impressive gains in the bioscience industry to their shareholders.
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Friday, August 07, 2015
Gold Price Rebound or Another Breakdown? / Commodities / Gold and Silver 2015
The precious metals complex has attempted to stabilize over the past few weeks. Some markets have had more success than others. Gold has been able to hold $1080/oz while GDXJ has also held its recent low. The large cap indices (GDX, XAU, HUI) have grinded lower to new bear market lows this week. This leads us to the near term predicament. Is the sector basing before a rebound or merely consolidating before another steep leg down?
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Friday, August 07, 2015
The Myth of Gold Price Manipulation / Commodities / Gold and Silver 2015
How eager are gold bugs to believe their ill fortune over the last four years is the result of sinister forces rather than a lack of prudence on their own part? The answer is easily seen in the writings of gold commentators over the last few months. References to organized manipulation and an official conspiracy to suppress the gold price abound among many analysts and their followers.
The collective passion behind this belief has reached a fever pitch and has created something akin to mass hysteria within the gold investing community. To even question this ingrained belief is to elicit the scorn of the conspiracy crowd. So ingrained is their belief that gold’s losses in the last four years are the result of manipulation that they refuse to pay heed to the underlying fundamental and technical reasons for the metal’s 4-year bear market.
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Friday, August 07, 2015
Global Crude Oil Supply More Fragile Than You Think / Commodities / Crude Oil
Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the rebound in April and May to $60 per barrel from the mid-$40s suggested that the severe drop was merely temporary.But the collapse of prices in July – owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China – have darkened the mood. Now a prevailing sense that oil prices may stay lower for longer has hit the markets.
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Friday, August 07, 2015
Is Gold Price Manipulated? / Commodities / Gold and Silver 2015
Reader Matt writes ...
Read full article... Read full article...Hello Mish,
I love your blog. I read it every day. You are my non-conspiratorial viewpoint on the economy. Your work keeping an eye on and analysis of Greece lately has been very helpful to me in understanding the way of the world.
Friday, August 07, 2015
One of the Most Useful Stock Markets Reports You Will Ever Read / Stock-Markets / Stock Markets 2015
Would foreknowledge of the news put you ahead of the investment crowd?
Editor's note: You'll find the text version of the story below the video.
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Friday, August 07, 2015
Joe Mazumdar Tells Gold Investors to Go Underground to Survive / Commodities / Gold and Silver Stocks 2015
Unlike many analysts, Joe Mazumdar of Canaccord Genuity does not expect a substantially higher gold price any time soon. So what are hard-pressed gold investors to do? In this interview with The Gold Report, Mazumdar argues that they should seek high-grade resources—usually underground—in stable jurisdictions that benefit from the strong American dollar. And he highlights seven near-term developers that offer exactly that.
The Gold Report: The price of gold flirted with $1,300 per ounce ($1,300/oz) in January. In July, it fell below $1,100/oz. What happened?
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Friday, August 07, 2015
Hiroshima, Nagasaki 70 Years On, Damascus Next City to be Nuked to Fulfill Bible Prophecy? / Politics / Nuclear Weapons
Japan and much of the world this week will be commemorating America's nuking of two Japanese cities in August 1945 that resulted the incineration of over 250,000 people, 90% of whom were innocent civilians. Whilst to much of the world the nuking of these cities was clearly a war crime, to the US and some of its allies was deemed to be a necessary evil so as to bring a speedy end to the War in the Pacific. Though the facts are that Japan at the time was already negotiating its surrender, so the real reason why the bombs were dropped was so as to justify the huge amount of expense that had been incurred which would only be satisfied by such demonstrations.
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Thursday, August 06, 2015
Shame - A Powerful motivator for Traders / InvestorEducation / Learn to Trade
Shame is a powerful motivator. Especially in this business.
When I was an ETF trader, if a client came in to trade a few hundred thousand shares of an ETF and the price moved abruptly against him right after the trade was consummated, the client would request a price improvement. This was to prevent embarrassment when the client (an execution trader) reported the fill to his boss (the portfolio manager).
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Thursday, August 06, 2015
Europe’s Greek Tragedy / Politics / Eurozone Debt Crisis
In this week’s Outside the Box we have a unique diagnosis of Europe’s ills from … a medical doctor. The author is Dr. Luc De Keyser, who currently serves as the chief medical information officer at Xperthis, the largest provider of hospital information systems solutions in Belgium. He has done pioneering work in multicenter clinical trials, medical ontologies, paleonutrition, and examining human conflict from an evolutionary perspective.
Dr. De Keyser (writing for Stratfor) is not sanguine about Europe’s future. There are times, he reminds us, when a doctor has to make the tough call and conclude that the patient’s case is simply without hope. It's a painful diagnosis and not one that the doctor enjoys sharing with the patient. But at some point the patient must be told.
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Thursday, August 06, 2015
Doug Casey on the Real FIFA Scandal / Politics / Social Issues
Recently, high-ranking officials at FIFA, the world’s governing soccer (aka “football”) body, were charged with corruption and fraud. The US’s Federal Bureau of Investigation (FBI) is deeply involved in the case. Doug Casey weighs in on the real scandal… the one you’re not reading in mass media.
The truth be known, I really don’t give a damn about soccer. Nor do most Americans.
Indeed, until recently, all that most Americans knew about “football” was that Brandi Chastain ripped off her jersey, to display a great physique, after she scored the winning goal for the US in the 1999 FIFA Women’s World Cup playoff against China.
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Thursday, August 06, 2015
Gold and Silver - Living With Rigged Markets / Commodities / Gold and Silver 2015
It’s enough that the mainstream financial media seems hell-bent of bashing gold. (Of course, silver gets hardly a mention). But GATA’s Chris Powell has been on a tirade of late, picking apart the lower hanging fruit of these theories and misplaced assumptions, if not outright desperate attempts to rationalize technically driven market prices.
The following is answer to a gold insider is a must read.
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Thursday, August 06, 2015
China’s Secret Gold Hoarding Strategy / Commodities / Gold and Silver 2015
Stefan Gleason writes: China’s recent stock market gyrations have some analysts now calling China the biggest bubble in history. But those who write off China because of market volatility are missing a more important long-term trend of Chinese geopolitical and monetary ascendancy. That trend shows no signs of abating.
China’s leaders have a clever strategy, and Western financial powers may someday wake up in shock when they realize what has occurred.
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Thursday, August 06, 2015
Bringing Turkey's Border Strategy Into Focus / Politics / Turkey
Summary
Satellite images taken at the Turkey-Syria border corroborate what Stratfor predicted weeks ago: that Turkey, now partnered with the United States, will strike at Islamic State-controlled territory adjacent to the Turkish border. The Turks reportedly began to reinforce their southern border with troops and equipment as early as July 3. But according to these images, which were taken July 26, we now know that that equipment includes Turkish-made main battle tanks and support units poised in a defensive position on the Turkish side of the border.
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Thursday, August 06, 2015
I'll Be Buying Gold and Gold Miners Soon / Commodities / Gold and Silver 2015
Dr. Steve Sjuggerud writes: Nobody is expecting a crisis (similar to the one Greece just had) in the U.S., so the prices of classic "hard assets" – like gold and gold miners – are attractively priced today.
The price of gold – astonishingly – is at a five-year low. Compare that with stocks, which have run up for six consecutive years.
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Thursday, August 06, 2015
Gold Leasing Rates Suggest Tightness in the New York Physical Markets / Commodities / Gold and Silver 2015
Gold rarely sees a pronounced backwardation in the futures markets, as we see in some other commodities. Even a slight backwardation over a period of time is unusual.
This might be related to the lack of heavy physical delivery coming out (being withdrawn) from the Comex complex, especially in recent times where the number of potential claims are much greater than the ounces of physical bullion actually available for delivery.
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Thursday, August 06, 2015
The Best Way to Buy Gold Today / Commodities / Gold and Silver 2015
MoneyMorning.com Peter Krauth writes: At $1,084 per ounce, gold is scraping multiyear lows, down 42% in four years.
And it seems the gold bears dominate the headlines – everywhere you look, each news item seems more negative than the last.
There have been calls for gold to hit $800… and even lower.
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Thursday, August 06, 2015
Deflation, Debt and Gravity / Economics / Deflation
Far too many people have already used lines like “We Are All Greeks Now” for the words to hold on to much if any meaning by now. But it’s still a very accurate description of what awaits us all. Just not for the same reasons most who used it, did.
No, I don’t really want to talk about Greece again. I want to talk about where you live. And about how similar the two will be not too long from now. How Greece is holding up a lesson and a big red flashing warning sign for all of us.
Greece is the mold upon which all of our futures will be based. Quite literally. Greece is a test tube baby rat.
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