Friday, September 02, 2016
30 Year US Treasury Bonds Analysis / Interest-Rates / US Bonds
By: Austin_Galt
We are looking for a final top to the massive bond bull market that began in 1981. While it is possible the final top is in place, I am leaning to one final marginal high before everything goes belly up.Let’s review the quarterly and weekly charts of the 30 Year US Treasury Bond price.
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Thursday, September 01, 2016
China’s Monetary Ascension Is Paved with Gold / Commodities / Gold and Silver 2016
By: MoneyMetals
The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese yuan now stand to become serious competitors to U.S. dollar dominance.
Could gold also begin to emerge as a leading currency in world trade? Over time, it certainly could. But the more immediate implications for gold’s monetary role center on its increasing accumulation by central banks such as China’s.
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Thursday, September 01, 2016
Why the Big Silver Short? / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
The key to understanding where silver prices come from is the COMEX futures market.
It is undisputed that the 4 and 8 largest traders hold a massive paper silver short relative to all other commodities in it’s class.
And it’s obvious that they are not legitimate producers or users…
(It is also worth mentioning that despite some of these shorts being held on behalf of a diversity of clients, the fact remains that the positions they control (as a whole) are manipulative based on concentration alone).
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Thursday, September 01, 2016
“The Fly-in-the-Ointment” -> Stagnant Wages & Hidden Inflation / Economics / Wages
By: John_Mauldin
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FRA Co-founder Gordon T. Long discusses with Charles Hugh Smith about stagnating wages and high real inflation rates, using the IRS tax reports as a guide to real economic activity, and the likelihood of future tax increases.
WHY WAGES HAVE STAGNATED
“The statistics we rely on are becoming more and more suspicious.”
Statistics are now used for perception management rather than reflecting the real economy. Of all these statistics we’re relying on to reflect reality, some of them are really suspect. We’re trying to stick with the ones that are valid. GDP is flawed but still our bellwethers, and we’re still relying on FRED database.
Thursday, September 01, 2016
The Italian EU Referendum Could Result in the Death of the Euro / ElectionOracle / Italy
By: John_Mauldin
An important election is coming up, and I’m not talking about the US presidential election. The upcoming referendum in Italy this fall will have a major macroeconomic impact on the world. But hardly anyone outside of Italy is paying much attention to it—yet.
I’ve been saying for some time in interviews around the country that the referendum in Italy could have even more of an impact than the Brexit vote did in the UK. And like the Brexit vote, it is rife with emotion and political turmoil, making the outcome too close to call.
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Thursday, September 01, 2016
China Empire Investing Billions in the UK, £1 billion in Sheffield Alone, Good or Trojan Horse? / Politics / China US Conflict
By: Nadeem_Walayat
Sheffield's Labour run city council has been in celebratory mood since signing a deal in Chengdu for China to invest £1 billion pound in building projects across the city, apparently most will be city centre apartment blocks. Sheffield's Labour Council Leader declared "This is the biggest Chinese investment deal to be made by a UK city outside of London. And perhaps more importantly it is first deal of its kind to be made by a UK city, this is a real partnership."
Thursday, September 01, 2016
BrExit Economic Collapse Evaporates into Boom as PMI Soars / Economics / BrExit
By: Nadeem_Walayat
The latest news out for the UK economy is that the post BrExit economic collapse as illustrated by the Purchasing Managers Index that during July fell sharply to 48.3 (a reading below 50 implies economic contraction) which most academic economists that populate the mainstream press concluded heralded the start of a severe imminent economic downtrend, an recession early warning.
Thursday, September 01, 2016
Stocks Remain Positive Despite Down Day / Companies / Tech Stocks
By: Harry_Boxer
The stock market indices had a difficult session today, down most of the morning, back up in the afternoon, but closed negative on the day. However, many of the stocks we traded or follow did very well. So it was quite an interesting session.
The day started out with a turn to the downside, then a snapback to resistance and failed, and then they went down until midday. By midday they reached the bottom of the channel in the fifth-wave decline over the last three sessions. I indicated that a potential rally may ensue, and they had a three-wave corrective pullback to take back a big chunk of losses, but negatively closed the day.
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Thursday, September 01, 2016
Gold, Silver, Mining Shares Bottom Evident / Commodities / Gold and Silver Stocks 2016
By: GoldCore
The chart below of GLD shows support on the long standing up trend line. GDX has sported a bullish “Morning Star” pattern. Normally, Mercury Retrograde ends an up movement, but in this case has ended a down movement. Expect some upside fireworks to begin tomorrow (Sept 1) and especially on the employment report Friday. The final “C” Wave of the sequence should commence.
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Wednesday, August 31, 2016
Trump in Mexico, Obama Stumps for Hillary / ElectionOracle / US Presidential Election 2016
By: Stephen_Lendman
This year’s presidential race represents duopoly governance at its worst, two aspirants vying for the nation’s highest office, both unfit to serve, voters given no choice.
The election was hacked, says Rutherford Institute’s John Whitehead. “The outcome is a foregone conclusion: the police state will win and ‘we the people’ will lose” - with no say whatever on who’ll lead them or how their country will be run.
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Wednesday, August 31, 2016
Humanity at Risk / Politics / Social Issues
By: Stephen_Lendman
Never before in history was humanity more at risk than now. Earlier wars were fought with conventional weapons.
Today’s super-ones make them look like toys by comparison. Thermonuclear bombs, if used, can incinerate entire cities and surroundings.
Enough of them launched risks nuclear winter. Physician, nuclear expert, anti-war activist Helen Caldicott earlier said “nuclear technology threatens life on our planet with extinction.”
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Wednesday, August 31, 2016
SPX Near a Confirmed Sell / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX appears to be on its way to the 50-day Moving Average at 2149.76. However, the trigger point for a confirmed sell may be the Broadening Top trendline and previous bottom at 2160.39 for a confirmed sell signal. In fact, the confirmation may have been at the failed bounce after the decline to 2160.39. In any event, the SPX still has a distance to go. The floodgates of selling may open beneath the 50-day M.A., so it may be good to be ahead of the crowd.
Wednesday, August 31, 2016
Green Bond Market Will Continue To Grow / Interest-Rates / Renewable Energy
By: Chris_Vermeulen
If a bond has a negative yield, then the bondholders will lose their money on their investment. In the long run, their expectations are lower and consequently they lose the incentive to invest — which may have far-reaching repercussions.
Green Bonds Are Changing Investor Expectation’s
The rapid growth of the green bond market has sparked interest from many audiences.
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Wednesday, August 31, 2016
Debt Bubble in Ireland and Globally / Interest-Rates / Global Debt Crisis 2016
By: GoldCore
Mark O’Byrne, Research Director of GoldCore, was interviewed by Max Keiser about the arrival of negative interest rates in Ireland and Germany, the risk of bail-ins, the return of a rental and property bubble in Dublin, the Irish and global debt bubble and why wealthy individuals and institutions are diversifying into gold.
Wednesday, August 31, 2016
UK Savings Market Left Devastated after Base Interest Rate Cut / Personal_Finance / UK Interest Rates
By: MoneyFacts
The Bank of England’s decision to drop the base rate has officially fuelled the fire of rate cuts across the savings market, making August the worst month of the year for cuts which total a devastating 354, compared to just 3 rate rises. This means that for every rate rise during the month there were 118 cuts.
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Wednesday, August 31, 2016
S&P 500 Supported on Several Fronts / Stock-Markets / Stock Markets 2016
By: Richard_Cox
The last year saw a host of conflicting news events across the globe that affected the entire financial market. The S&P 500 index was no exception. During this period, the S&P moved from 1,810 to 2,180 registering gains of over 20% in the process. Despite weakening economic data and building uncertainties in many global economies, the S&P 500 still managed to outperform it contemporaries due mainly to stronger domestic economic reports in the US.
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Wednesday, August 31, 2016
Why Wall Street Is Throwing Billions At The Permian / Commodities / Oil Companies
By: OilPrice_Com
The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas.
The Permian Basin is one of the last profitable areas to still drill with sub-$50 oil, and as other regions fall by the wayside, an increasing portion of drilling activity and spare investment dollars are flowing into the Permian. The rebound in the rig count in the U.S. is largely concentrated in the Permian. The West Texas shale basin has captured two-thirds of the 90 oil rigs that have been added since hitting a nadir in May.
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Wednesday, August 31, 2016
Gold’s strong summer may be harbinger of things to come / Commodities / Gold and Silver 2016
By: Michael_J_Kosares
We are now wrapping up one of the stronger summers in memory at USAGOLD and heading into the strongest time of year seasonally for gold and silver – September through February. Normally the summer months are the quiet part of the year, but 2016 has been an exception. The price of gold is up 9% since the beginning of June and silver over 18%. ETF gold inventories reached highs in July and August not seen since 2009, the year after the collapse of Lehman Brothers and the launch of the so-called credit crisis. Some see the stronger than usual summer showing for the precious metals markets as a harbinger of things to come.
Wednesday, August 31, 2016
A Two-Bar Pattern that Points to Trade Setups / InvestorEducation / Learn to Trade
By: EWI
Some people like to get outside on the weekends, maybe playing tennis or working in the yard. Some people like to visit their friends or cook a big meal or go out to see a movie. And some people who are passionate about their work -- such as Elliott Wave International's futures analyst Jeffrey Kennedy -- like to stare at hundreds of price charts on their computer screen to find patterns that point to trade setups. We used to worry for his health but not anymore, because he's been doing it for years and he comes up with some neat stuff. A case in point is his discovery of a two-bar pattern that he named the Popgun. Find out more in this excerpt from the Club EWI eBook, How to Use Bar Patterns to Spot Trade Setups.
Wednesday, August 31, 2016
Awareness of Fed Credibility Problems Going Mainstream / Interest-Rates / US Federal Reserve Bank
By: MoneyMetals
The nation’s pre-eminent central planners just held their annual gathering at an exclusive resort just outside Jackson Hole, Wyoming and discussed how to interfere even more deeply in markets. In a speech entitled “The Federal Reserve’s Monetary Policy Toolkit: Past, Present and Future,” Fed chair Janet Yellen outlined why zero interest rate policy (ZIRP), purchases of toxic mortgage securities, and monetization of Treasury debt just aren’t adequate. Officials must add negative interest rates (NIRP) and purchases of even more sketchy assets to their “toolkit.”
Yellen has spent more than a year floating the idea of negative rates, so it is no surprise she is hustling the ludicrous policy once again. In fact, very little of what she said Friday is new. It was the usual mess of contradictions.
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