Saturday, August 20, 2016

Gold Stock Technicals During Dog Days of Summer / Commodities / Gold and Silver Stocks 2016

By: Jordan_Roy_Byrne

The gold stocks are trading around their highs but have failed to breakout this August. Is that due to the dog days of summer, the upcoming Fed conference or something else? We aren’t sure and don’t think it matters a great deal anyway. With that said, let’s delve into the current technicals.  

Saturday, August 20, 2016

Stock Market Meandering.... Bulls Still In Control.... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

There is very little to talk about this evening that I haven't discussed over and over for many weeks prior. The market is meandering around with a slight upward bias. No grand explosion since the July 11 breakout over S&P 500 2134. The grand explosion is what normally occurs once a major breakout level has been taken out.

Saturday, August 20, 2016

Housing Bubble - The Marginal Buyer Holds The Pin That Pops Every Asset Bubble / Housing-Market / US Housing

By: Adam_Taggart

Q: How much is my house worth?

A: Whatever the highest bidder is willing to pay for it.

Those of you who took an introductory Economics class in high school or college may remember learning that prices are set "at the margin". That's a fancy way to say that prices are set by the person (or people) willing to pay the most.

This person willing to pay top dollar is called the "marginal buyer". Most of us don't really think about him much, but he (or she) is very, very important.

Friday, August 19, 2016

Gold Miners Q2 2016 Fundamentals / Commodities / Gold and Silver 2016

By: Zeal_LLC

The gold miners’ stocks have skyrocketed this year as investors started returning to this long-abandoned sector.  Many have tripled, quadrupled, or even quintupled since mid-January alone!  But are such epic gains fundamentally justified?  Much insight into this crucial question for investors can be gleaned from the gold miners’ latest quarterly financial and operational results.  Their Q2 reports just finished coming in.

Friday, August 19, 2016

Brazil's Rio Olympic Games' "Disastrous" Preparedness: What If?s - Free Report / Stock-Markets / Olympics

By: EWI

Dear reader,

Our partners at Elliott Wave International have just released a new, free report, titled: "Brazil's Olympic Games 'Disastrous' Preparedness: What if?"

Friday, August 19, 2016

Mass Media Too Bullish: Stock Market Correction Likely? / Stock-Markets / Stock Markets 2016

By: Sol_Palha

"Have patience. All things are difficult before they become easy." ~ Saadi

For the past few months, we continued to Google the Term, Dow 19K, Dow 20K and Dow 21K. We got the most hits on the search term Dow 20,000, but the noise was not enough for us to take these developments too seriously.  However, when we noticed that CNBC published two similar titled articles within a time span of 30 days, it was time to take note.

Friday, August 19, 2016

Which Price Ratio Matters Most in a Fiat Ponzi? / Commodities / Gold and Silver 2016

By: Dr_Jeff_Lewis

“Those who wish to seek out the cause of miracles and to understand the things of nature as philosophers, and not to stare at them in astonishment like fools, are soon considered heretical and impious, and proclaimed as such by those whom the mob adores as the interpreters of nature and the gods. For these men know that, once ignorance is put aside, that wonderment would be taken away, which is the only means by which their authority is preserved.”  ― Baruch Spinoza, Ethics

Friday, August 19, 2016

Big Policies, Bigger Failures / Economics / Economic Theory

By: Peter_Schiff

Economics is far simpler than most in academics or government would have you believe. To make accurate predictions all you really need is an honest appreciation of the self-interest that is at the heart of free market transactions and an ability to understand how regulations that attempt to "correct" these realities don't work. This is certainly the case with the completely predictable slow-motion train wrecks that are the signature U.S. domestic policy experiments of the last eight years: Obamacare and Federal Reserve stimulus. From the start, I issued countless commentaries on why both would fail spectacularly. The jury has started to come back on Obamacare, and the results are a disaster. And while the verdict on the Fed's policies has yet to arrive in similarly stark terms, I believe that its failure is just as certain.

Friday, August 19, 2016

Surprise! It's the Greenspan Era Blueprint on Inflation / Stock-Markets / Financial Markets 2016

By: Gary_Tanashian

I realize Gomer Pyle was way before the time of much of my reading audience, but for the last few weeks I’ve been hearing him in my head as not only NFTRH, but now the wider financial media get on the idea that things are not as bad as had been generally perceived going into the hype fest known as Brexit.  Most recently, a writer who always keeps an even keel, Chris Ciovacco, has summarized the situation nicely (as posted at Biiwii).

Friday, August 19, 2016

Saudis Ramping Up Oil Output To Gain Leverage In OPEC Talks / Commodities / Crude Oil

By: OilPrice_Com

Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence the September informal talks on a possible production freeze, Reuters reported on Wednesday, citing industry sources.

Saudi Arabia – OPEC’s biggest producer — pumped a record 10.67 million barrels per day in July, up by some 120,000 bpd compared to June. The Saudis are usually ramping up production in the summer with the higher demand for crude, but what was unusual was that production hit a record high, above last summer’s peak.

Friday, August 19, 2016

How Will Brexit Impact the Gold Market? A Historical Perspective / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

We know why Britons voted to leave the EU and what the UK’s options outside the EU are. Now, let’s analyze how Brexit could affect the gold market. We covered this topic in the latest edition of the Market Overview, as well as the daily updates of the Gold News Monitor, but today we will examine how the shiny metal performed during the past disintegrations of economic unions.

Friday, August 19, 2016

Rothchilds Buying Gold On “Greatest Experiment” With Money In “History of the World” / Commodities / Gold and Silver 2016

By: GoldCore

The Rothschilds are buying gold through their investment house RIT Capital Partners and Lord Jacob Rothchild is warning about the results of “the greatest experiment in monetary policy in the history of the world”.

British investment banker Lord Jacob Rothschild is buying gold.

Friday, August 19, 2016

Higher Crude Oil’s Prices and USD/CAD / Commodities / Crude Oil

By: Nadia_Simmons

Earlier today, the USD Index extended losses against its Canadian counterpart after the disappointing minutes of the Federal Reserve’s policy meeting (they vanished expectations for a September rate hike) continued to weigh on investors’ sentiment. Additionally, rising prices of crude oil supported Canadian currency, which pushed USD/CAD under 1.2800. What’s next for the exchange rate?

In our opinion, the following forex trading positions are justified – summary:

Friday, August 19, 2016

Here’s Why You Should Look for Dividend Stocks — and How / Companies / Dividends

By: John_Mauldin

BY TONY SAGAMI : I love dividends, and I’m not alone.

One of the biggest dividend lovers of all is Warren Buffett. He has more than 90% of the Berkshire Hathaway portfolio invested in dividend-paying stocks.

Sure, a 1%, 2%, or 3% dividend may not sound like a fortune, but what looks like small payouts really adds up.

For the first seven months of 2016, the S&P 500 was up 6.3%.With dividends, the total return increased to 7.7%. That’s an extra 22%!

Friday, August 19, 2016

Deglobalization Already Underway — 4 Technologies That Will Speed It Up / Economics / Global Economy

By: John_Mauldin

BY PATRICK WATSON : If we had to describe the last 50 years of economic history in one word, globalization would be high on the list. Thousands of small, independent economies around the world fused into one nearly seamless whole.

The things we use every day—food, clothing, vehicles, furniture, electronic devices, even the materials that compose our homes—now come from far and wide. We don’t even notice. International trade over vast distances is now so normal that we forget it wasn’t always the case.

Friday, August 19, 2016

Stock Market Volatile Session Ends on Positive Note / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices had a very interesting, volatile day. They opened lower, rallied to resistance, rolled over very sharply to secondary support, held, and then rallied back at the end of the day, closing slightly upward.

Net on the day, the Dow was up 22.56 at 18,595.50. The S&P 500 was up 4.69 at 2186.92. The Nasdaq 100 was up 3.23 at 4808.68.

Friday, August 19, 2016

Tesco Club Card Vouchers Days Out Tokens Cheapest Theme Parks Entry / Personal_Finance / Theme Parks

By: Anika_Walayat

All who shop regularly at Tesco's will each year build up a sizeable balance of clubcard vouchers that can be used for a whole host of purchases from groceries in stores, to restaurants, and cinema tickets. However, in many cases the most cost effective use of clubcard vouchers is to exchange them for tickets and tokens for entry into 180 venues across the UK including major theme parks as explained in this real world example of how Tesco vouchers converted into tokens are the cheapest route into many of Britain's theme parks such as Pleasure Island.

Thursday, August 18, 2016

These 6 Charts Show Why the Average American Is Fed Up / Economics / US Economy

By: John_Mauldin

BY JOHN MAULDIN writes: The last 20 years have brought great wealth to a few while most of the population was lucky to break even.

Whether you’re a member of the elite/protected class or one of the unprotected, it’s hard to deny this reality.

Thursday, August 18, 2016

The Olympics Have Become Ideological Rivalry Between Nations / Politics / Olympics

By: John_Mauldin

BY GEORGE FRIEDMAN : The Olympics have begun in Rio.

The Brazilians greeted the games with massive demonstrations. With Brazil facing hard economic times, many thought spending more than $12 billion to host the games was outrageous. But supporters argued it would add to Brazil’s worldly luster.

The Olympics of ancient Greece focused on the individual athletes. Spectators knew which city the participants came from, I assume. Still, the glory went to the athlete, and it was his tale that was told.

Thursday, August 18, 2016

4 Reasons Not to Buy Bonds Now / Interest-Rates / International Bond Market

By: John_Mauldin

BY JARED DILLIAN : I try to be a long-term thinker and filter out all the short-term noise. That’s hard nowadays, because there is so much short-term noise!

Any one of these four things would be big news, especially in the dog days of summer. But all four?  It’s crazy out there.