Thursday, September 29, 2016
2017: Gold and Silver's Year of "Public Recognition" / Commodities / Gold and Silver 2016
In all probability, December 2015 marked the bottom of the cyclical gold and silver bear market – a bear cycle that had been in play since silver topped in May 2011 and gold in September of the same year.
During the fourth quarter 2015, share price declines of the precious metals mining companies tapered off once the last of the weak hands gave up and sold their positions to stronger, forward-looking investors.
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Thursday, September 29, 2016
Did Trump Win the 1st US Presidential Election Debate? - There's Something Happening Here... / ElectionOracle / US Presidential Election 2016
The pollsters, political pundits and bookies all conclude that Donald Trump lost the 1st presidential debate. Apparently it was not even close, and personally having watched the debate, waiting for Hillary to make her fatal cough which never happened, I can vouch that those who watched the debate and were not a vested interest would conclude that Hillary won.
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Thursday, September 29, 2016
FED Goes from ZIRP to NIRP! / Interest-Rates / NIRP
The FED has not followed through on their numerous promises of a rate increase that Yellen and other FED officials have made over the past several years. She spoke about purchasing assets of private companies and also mentioned that the FED could modify its inflation target.
Investors will most likely purchase shares in companies whose assets have been purchased by the FED since it is likely that Congress and federal regulators would treat these companies as “too big to fail.” Federal ownership of private companies would also strengthen the movement to force businesses to base their decisions on political rather than economic considerations.
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Wednesday, September 28, 2016
Is a “$46 TRILLION” Lehman Brothers Event Just Around the Corner? / Companies / Financial Crisis 2016
The financial world is abuzz with talk of the first Presidential debate.
Meanwhile, one of the largest derivatives books in the world is imploding.
Deutsche Bank (DB) is the 11th largest bank in the world. And it has over $61 TRILLION (with a “T”) in derivatives on its books.
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Wednesday, September 28, 2016
Will Deutsche Bank’s Collapse Be Worse Than Lehman Brothers? / Companies / Credit Crisis 2016
Few analysts noted it, but the $USD actually staged its second strongest day of the year the Friday before last.
The only other day in which the $USD rallied more was on the day of BREXIT, a black swan event that featured EXTREME currency volatility.
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Wednesday, September 28, 2016
It’s Not Just Obamacare–Healthcare Systems Are Failing Everywhere / Politics / Healthcare Sector
BY PATRICK COX : I’ve talked to many Canadian tourists who tell me that they’re having some medical procedure done while in the States. This is because the wait can be so long back home. As an uncouth American with borderline Tourette’s, I like to point out that their government health care doesn’t seem like such a utopian system after all. This typically provokes a defense of the Canada Health Act of 1984.
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Wednesday, September 28, 2016
Here’s Why You Should Be in Cash Right Now / Stock-Markets / Financial Markets 2016
BY JARED DILLIAN : People are seriously undereducated on the benefits of being in cash.
The cool thing about cash is that it doesn’t go down. You can’t lose money if you have cash—unless it gets stolen or your bank account gets hacked. We don't have negative rates in the US yet, so you can’t complain about that. If you have money in cash, you will earn zero.
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Wednesday, September 28, 2016
The Fed Put a 50% Tax on Your Retirement Plan / Personal_Finance / Pensions & Retirement
If a politician said he thought he should tax the income from your retirement plan, right now, at 50% (no matter where you are in the retirement process, that would certainly hurt the ability of your portfolio to compound), what would you think (other than that he was completely Looney Tunes)?
But that's exactly what the Federal Reserve has done by keeping interest rates low.
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Wednesday, September 28, 2016
Massive Chinese Debt And Why They Are On A Gold Buying Binge! / Interest-Rates / China Debt Crisis
China’s debt is a staggering $24 trillion with 247% of annual GDP as of last year, which is, in fact, an increase of an astounding 465% within a decade. The total borrowing by both the financial and non-financial sectors was only 78% of the GDP in 2007 and has since increased to 309% of GDP according to economists at Nomura Holdings Inc. led by Yang Zhao and Wendy Chen.
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Wednesday, September 28, 2016
Fascist Trump Versus Communist Hillary Battle on a Sinking Ship / ElectionOracle / US Presidential Election 2016
We watched (and live tweeted ;@dollarvigilante) the US Presidential debates last night… mostly because we were hoping Hillary would drop dead on live TV.
Unfortunately, that didn’t happen.
What did happen was that the two choices for the lesser evil this year, came down to: slightly more fascist (Trump) versus slightly more communist (Clinton).
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Wednesday, September 28, 2016
Stocks Commodities and FX Markets Waiting Technically While Fundamental Data Neutral Poised / Stock-Markets / Financial Markets 2016
The benchmark S&P 500 gyrated at open, showed indecision during the first 90 minutes of trading and then rose to its 0.70% intraday high in the early afternoon. It then traded in a narrow range and closed with a slightly trimmed gain of 0.64%, reclaiming a bit over half the pre-debate selloff following last week's "no rate hike" rally. The yield on the 10-year note closed at 1.56%, down three basis points from the previous close. Here is a snapshot of past five sessions in the S&P 500.
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Wednesday, September 28, 2016
China’s International Renminbi Is Coming – Is Wall Street Ready? / Currencies / China Currency Yuan
On October 1, 2016, the Chinese renminbi (RMB) will officially join the International Monetary Fund’s (IMF) international reserve assets; that is, the SDR (Special Drawing Rights) basket. From the perspective of the IMF, this is a ready affirmation of China’s success in opening up its markets. The inclusion of the renminbi into the ranks of the most important international currencies codifies the acceleration of bilateral and multilateral RMB transactions worldwide.Read full article... Read full article...
Wednesday, September 28, 2016
Where Will Oil Prices Go After Algiers? / Commodities / Crude Oil
Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this week may not do much to rescue oil prices. Following the media spectacle, the oil markets may have to shift their attention back to the supply and demand fundamentals, which are not reassuring.
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Wednesday, September 28, 2016
The Federal Reserve Note "Dollar" Is Indeed Dying, but Not Next Week / Currencies / Fiat Currency
Some say the U.S. dollar may die 5 days hence. The Chinese renminbi will kill it. Much is being made of plans by the International Monetary Fund (IMF) to add the renminbi to its basket of strategic reserve currencies called Special Drawing Rights (SDR). The IMF will make the change on October 1. While the implications for the Federal Reserve Note, currently the U.S. dollar, as the world’s primary reserve currency may be profound over time and the importance of this even should not be overlooked, the impact is unlikely to happen overnight.
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Wednesday, September 28, 2016
Crude Oil Bull Market Correction / Commodities / Crude Oil
Crude gained $1.45/bbl. last week closing at 44.48 even after a $1.84 loss on Friday. Since the August high, crude looks like a descending triangle (bearish). The upper trendline passes through 46.75 this week. Support is at 43.25. A break of support opens the door for a decline to 38.25. The weekly Coppock Curve did confirm the June high so look for higher highs in the future. However, new lows are expected once wave C has completed.
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Tuesday, September 27, 2016
This Commodity Has Perked Up its Investors' Portfolios / Commodities / Agricultural Commodities
The 90% rally in sugar prices since late 2015 fulfills our long-standing forecast
Imagine that the world's leading commodity markets were cars speeding down a two-lane highway. Who do you think is in the driver's seat controlling which direction prices go?
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Tuesday, September 27, 2016
The Free Market Always Prevails / Stock-Markets / Financial Markets 2016
The global securities market got a surprise recently when U.S. core consumer price inflation crept up to 2.3% year over year in the month of August. This closely followed core measure, which strips out the more volatile food and energy costs, increased 0.3%; this was the biggest rise in core CPI since February.
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Tuesday, September 27, 2016
Charting the Continuing Gold Market Correction / Commodities / Gold and Silver 2016
Technical analyst Jack Chan plots the continuing correction in the gold and silver markets.
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Tuesday, September 27, 2016
Stock Market Crash and Recession Indicator Warning: Extreme Danger Ahead / Stock-Markets / Financial Crash
When it comes to spotting danger periods for recessions, and especially major crashes, the Boom/Bust Cycle lets us see when stock crashes and recessions are most likely to occur. As my fourth key macroeconomic cycle, this makes it the most important one I have innovated since the Generational Spending Wave in 1988.Read full article... Read full article...
Tuesday, September 27, 2016
Bitcoin Trading Alert: Starting Point of Decline Not Far? / Currencies / Bitcoin
In short: no speculative positions.
The treatment of Bitcoin by asset management firms is slowly changing. The digital currency is by no means as popular as traditional assets, however, investment companies sometimes approach Bitcoin as a new asset class, one that might be on its way to maturity. Money Morning cites a report on Bitcoin by Needham & Co.:
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