Friday, August 12, 2016
Negative Interest Rate Money “Madness” Sees Gold Buying Surge / Commodities / Gold and Silver 2016
Gold buying surged to record levels in H1, 2016 due to increasing concerns about the political, economic and monetary outlook. In particular, deepening concerns about the negative interest rate money “madness” of central banks today.
Heike Hofmann sells fruit and vegetables in Germany. She reacted to negative rates by cutting spending & buying gold bars.
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Friday, August 12, 2016
Planned Fracturing of EU Jubilee Year Continues: Greece, Italy, Spain Consider Exiting / Politics / European Union
When we started The Dollar Vigilante in 2010 we stated that the worldwide central banking fiat money system would collapse within the decade.
It was just math. Government debt continues to mount and the only way to pay interest on the debt is to print more money. The US government, alone, has doubled its debt in the last eight years, from under $9 trillion to now well over $19 trillion.
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Friday, August 12, 2016
Stock Market Strong Positive Session / Stock-Markets / Stock Markets 2016
The stock market indices had a very strong session, taking a big leap at the opening to retest the highs, and then backed off sharply. They came on strong and by midday the S&P 500 made new, all-time highs, but when the Nasdaq 100 failed to cooperate, they pulled back, but held. They came on one more time and made a nominal new highs again on the S&P 500 over 2188. Nasdaq 100 again could not make a new high, and they both backed in the last 10 minutes. It was a very positive session.
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Friday, August 12, 2016
Here Comes The Stock Market Air Pocket! / Stock-Markets / Stock Markets 2016
The astro/cycle/wave read between now and August 15th looks for a quick abrupt air pocket of close to 3% in the SPX. At first, I was looking for a Wave 4 pullback to 2132/33 by late Friday, but upon re-examination, I believe it will be more in the order of 2122 by Monday. Normally, lows in the market don’t go past the moon in Sagittarius (late Thursday –Saturday), but I have to remind myself of Uranus Retrograde: expect the unexpected.
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Friday, August 12, 2016
Gold 2.0: How to Profit from the Current Gold Bull Market / Commodities / Gold and Silver Stocks 2016
After five years of a brutal bear market, gold and gold miners are finally having a huge rebound, and investor Chen Lin, writer of the popular newsletter What is Chen Buying? What is Chen Selling?, sees the parallels to 2009. He highlights nearly a dozen mining companies that have weathered the downturn and are in position to ride the wave higher.
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Thursday, August 11, 2016
Natural Gas is Lighter Than Air and Its Rising – I Smell Trading Opportunity! / Commodities / Natural Gas
During the last stock market top in 2007-2008 the price of natural gas completed a basing pattern (bottom) and broke out and had a massive rally. Will this happen again this time around?
Based on the stock market stage analysis, market sentiment, and the price action of natural gas, it appears the stock market is topping and natural gas is on the verge of a breakout and rally.
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Thursday, August 11, 2016
Stock Market Bounce May be Over / Stock-Markets / Stock Markets 2016
The hourly chart puts the SPX is a good context for understanding this bounce/retracement. There are virtually no shorts here to run, so the algos are likely to pack up and see what happens. The caution point is where the hourly Cycle Top at 2185.15 and short-term trendline lay.
A reversal/pivot here may give the SPX the momentum to break the next trendline support at 2171.00. Mid-Cycle support is just beneath it at 2169.26, so we may wish to use it as our next short entry point.
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Thursday, August 11, 2016
Stock Market: Likely Pullback into Friday / Stock-Markets / Stock Markets 2016
I tracked the 4/8 TD lows and they point to 3:45 PM EDT Friday for the expected low. Friday is the 32 TD low +1. It is also close enough to the 35 TD low due Tuesday next week (35-2). This would then thrust the market up for 4 to 5 TD's based on the minimum normal out of a16/32 TD low and that is an August 18th or 19th top (August 18 is the full moon/lunar eclipse and Bradley turn/August 19th is OPEX). August 19th is 8 TD's from the August 9 top. August 18th is the exact 66-week top from the May 20/21, 2015 top. IF all goes according to my perceptions, we should see THE top for the year in the stock market next week.
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Thursday, August 11, 2016
The Chartology of the Dow Jones Industrial Average ..A Case for Optimism / Stock-Markets / Stock Markets 2016
Lets start off by taking an indepth look at the INDU as a proxy for the other US stock markets. A year ago this month the INDU put in an important low which has held support. A very strong rally ensued which took the INDU up to the 17,975 area where it topped out and began another strong decline. This next decline ended in the same area as the August 2015 low and formed a double bottom which is a reversal pattern.
The next rally phase took out the previous high by 200 points up to 18,167 where the next decline began, but this time the bears could only push the price action down to the 17,330 area which looked like it might be an important low. Then came the infamous BREXIT vote which made a slightly lower low with the INDU closing that day below the 200 day moving average. If you recall markets from all over the world were tanking hard but that decline ended just as fast as it began.
This first daily chart is just a simple look at the price action I described above, with one trendline which I’m calling a support and resistance line, above is bullish and below is bearish. That simple S&R line could also be called a double bottom trendline, which would be a five month double bottom reversal pattern.
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Thursday, August 11, 2016
The Irrational Bias Against Gold / Commodities / Gold and Silver 2016
When I conceived of creating an RRSP-eligible, open-end mutual fund that held precious metals without compromising the fundamental attributes of the metals, I thought that such a fund would be embraced by mining company executives, financial advisors, institutions and retail investors – I was wrong.
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Thursday, August 11, 2016
The Colombian Peso Going Higher / Currencies / Forex Trading
The Colombian peso has increased value against the US dollar as laid out in previous analysis, The Colombian Peso!, produced on 21st February 2016 when the USDCOP was trading at 3.358,500. Price is now 2.974,000.
I expect the USDCOP currency pair to continue its decline so let’s review the daily chart.
Thursday, August 11, 2016
Stock Market Some Selling...Oscillators Weak...Will It Matter?... / Stock-Markets / Stock Markets 2016
The market tried to sell, but wouldn't after gapping up a bit this morning. It would sell and naturally it would come right back up. This is normal protocol with this market. Today the market tried a bit harder to finally sell some. The question being asked is whether it's the real deal, or not, and to that I say, why judge it! The oscillators on the daily charts stink. Plain and simple. They stink. They're extremely elevated with positive lines trying to cross down below negative lines. They've been overbought over and over for quite some time. These issues unto themselves are reasons to have a pullback. Don't start thinking about bear markets just because we sell some.
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Thursday, August 11, 2016
Why the U.S. Benefits from Global Financial Crisis / Stock-Markets / Financial Crisis 2016
Let’s turn our attention to the global economy. Last week the Bank of England said it would buy 60 billion pounds of government debt in order to cushion the economy against the impact of the recent Brexit vote. England and the European Union are emulating the quantitative easing (QE) policies of the U.S. Federal Reserve but so far without any measurable success.
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Wednesday, August 10, 2016
Preparing Yourself for US Housing Market Bubble 2.0 / Housing-Market / US Housing
Waiting out Bubble 1.0
I moved to Florida in 2005, just before the housing bubble peaked. Believing that prices couldn’t remain high, we bought a smaller home than we otherwise would have. Renting would’ve been nice, but we couldn’t find a rental in a school district we liked.
Home prices marched higher for six months or so, and the S&P/Case-Shiller 20-City Home Price Index reached 206. Then things slowed down. By late 2006, it was obvious that the housing market had changed. We know what happened next.
Wednesday, August 10, 2016
Globalization Is Dead, But The Idea Is Not / Economics / Global Economy
We can, every single one of us, agree that we’re either in or just past a -financial- crisis. But that seems to be all we can agree on. Because some call it the GFC, others a recession, and still others a depression. And some insist on seeing it as ‘in the past’, and solved, while others see it as a continuing issue.
I personally have the idea that if you think central banks -and perhaps governments- have the ability and the tools to prevent or cure financial crises, you’re in the more optimistic camp. And if you don’t, you’re a pessimist. A third option might be to think that no matter what central bankers do, things will solve themselves, but I don’t see much of that being floated. Not anymore.
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Wednesday, August 10, 2016
Smashed Silver Snaps Back into Ferocious Bull Market / Commodities / Gold and Silver 2016
The silver bull is back. After five long, frustrating years of price smashes followed by one failed rally attempt after another, silver prices have decisively broken out to the upside.
The question facing precious metals investors now is: How sustainable is the uptrend?
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Wednesday, August 10, 2016
This Suggests That Silver Will Soon Spike Significantly Higher / Commodities / Gold and Silver 2016
The silver price and the US Dollar/South African Rand exchange rate (USD/ZAR) have a very interesting relationship that goes back a long way.
Basically, in the long run, the two move in opposite directions. When the USD/ZAR rate is moving up, then the silver price is moving down, and vice versa. Furthermore, when the USS/ZAR rate is making a top, then a bottom in silver is normally very close (before or after the USD/ZAR peak).
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Wednesday, August 10, 2016
3 Recent Danger Signs of a Looming Recession / Economics / Recession 2016
BY TONY SAGAMI : The world of investing is much riskier today than when I was growing up.
The biggest risk I see is an economy that is barely expanding beyond stall speed and threatening to fall into a recession.
The Census Bureau recently reported that the US economy grew at a 1.2% annualized pace in Q2. Plus, they adjusted the Q1 GDP growth rate from 1.1% down to just 0.8%.
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Wednesday, August 10, 2016
13 Biggest Political and Financial Distortions in the World—Here’s What it Means for Investors / Stock-Markets / Financial Markets 2016
BY JARED DILLIAN
These are strange times.
Here’s a list of the top 13 strange things out there right now:
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Wednesday, August 10, 2016
Nassim Taleb Warns The Biggest Black Swan Event of All Is Coming / Stock-Markets / Stock Markets 2016
We are at an incredible moment in history.
US stock markets are at nominal all-time highs. Government bonds are at or near all-time highs. Yet, central banks worldwide sit at 0% interest rates or less because things are too precarious to even raise rates a paltry 0.25% for fear of collapsing the entire system.
In “traditional” economics this makes no sense. But we are far out of “traditional” now… we are in the extreme end-stages of a collapsing system. When that happens, nothing makes sense from a traditional/normal perspective.
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