Saturday, August 06, 2016
Why Stability is Not what Bitcoin Needs and Why Big Business Should Move Into It / Currencies / Bitcoin
By: Submissions
Shannon Lowery writes: It is constantly spoken that Bitcoin is not viable because it is not stable.
Stability, from my view point, is not what Bitcoin needs.
Bitcoin needs appreciation.
Read full article... Read full article...
Saturday, August 06, 2016
Best Cash ISA for Crash / Collapse in UK Savings Interest Rates / Personal_Finance / ISA's
By: Nadeem_Walayat
The Bank of England slashing UK interest rate from 0.5% to 0.25% in a panic to save its always teetering on the edge of bankruptcy bankster brethren from going bust again and to monetize government debt by means of quantitative easing, the smoke and mirrors phrase used for the Bank of England to print another £170 billion mostly for its banking sector friends to gorge themselves on, to generate additional artificial profits. The net effect of this 'THEFT' of purchasing power is that the price savers and workers have already been paying for 8 years has just gotten a lot worse!
Friday, August 05, 2016
Gold and Gold Stocks Bull Analogs / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Over the past two weeks the precious metals complex has retested its Brexit breakout and rebounded back to the July highs. Today’s jobs report has pushed the complex lower but has delivered an opportunity to cash heavy portfolios which have missed the bulk of the move. With that said, we wanted to share our current analog charts for Gold, gold stocks and junior gold stocks which suggest continued upside potential in the sector.
Friday, August 05, 2016
Gold Stocks Autumn Rally / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
The gold miners’ stocks have already enjoyed a phenomenal year, blasting higher with gold’s new bull market. This sector’s market-dominating performance has been amazing. Yet incredibly, the gold stocks are only now entering their strongest time of the year seasonally. Historically during bull-market years the gold stocks have enjoyed massive autumn rallies on average, starting right about now which is very bullish.
Gold-stock performance is highly seasonal, which certainly sounds odd. The gold miners produce and sell their metal at relatively-constant rates year-round, so the temporal journey through calendar months should be irrelevant. Based on these miners’ revenues, there’s no reason investors should favor them more at certain times of the year than others. Yet history proves that’s exactly what happens in this sector.
Read full article... Read full article...
Friday, August 05, 2016
Why Most Unloved Stock Market Bull Will Continue to trend higher whether you like it or not / Stock-Markets / Stock Markets 2016
By: Sol_Palha
Do not anticipate trouble, or worry about what may never happen. Keep in the sunlight.- Benjamin FranklinThe masses do not believe this market can trend higher; sentiment is decidedly negative, and this has been confirmed time and time again. For months on end investors in the neutral or bearish camp have ranked higher than those in the bullish camp. What is surprising is that the higher this market trends, the more anxious the masses become. In a nutshell, that is precisely why this market will continue to run higher and higher.
Read full article... Read full article...
Friday, August 05, 2016
Gold In Sterling 2.2% Higher After Bank Of England Cuts To 0.25% and Expands QE / Commodities / Gold and Silver 2016
By: GoldCore
Gold in sterling was 2.2% higher yesterday and was marginally higher in dollar terms after the Bank of England cut interest rates to all time, 322 year record low at 0.25% and surprised markets by renewing and aggressively expanding quantitative easing or QE.
Sterling fell sharply on markets and gold rose from £1,014/oz to over £1,036/oz where it remains this morning. Ultra loose monetary policies are now even looser after the BOE cut interest rates for the first time in more than seven years and launched a bigger-than-expected package of monetary measures.
Read full article... Read full article...
Friday, August 05, 2016
A Global Derivatives Expert Shines the Light on Systematic Risk / Stock-Markets / Financial Crisis 2016
By: David_Galland
Dear Parade-Goer,
As promised in last week’s edition of The Passing Parade, below you’ll find my notes from a wide-ranging and very interesting conversation I had with a friend of mine who recently retired from a position as a very senior risk manager for one of the world’s largest banks.
Unlike most people in his elevated position, my friend—we’ll call him John—is about as down to earth as can be. He lives simply, drives an old truck, and exudes none of the arrogance found in many of his peers.
Read full article... Read full article...
Friday, August 05, 2016
The Blockchain - Cold, Hard Cash Will Soon Be A Distant Memory / Currencies / War on Cash
By: Chris_Vermeulen
The ‘blockchain’ technology, the very basis on which the bitcoins were created, is likely to become the backbone of the future digitization of money. The importance of the technology was asserted in the 16th Annual International Conference on Policy Challenges for the Financial Sector; a three-day convention which was held on June 1st through June 3rd in Washington, D.C.
The conference was held under the tutelage of the FED, the World Bank, and the International Monetary Fund.
Read full article... Read full article...
Friday, August 05, 2016
Why Did Britain Vote to Leave the EU? / Politics / BrExit
By: Arkadiusz_Sieron
To better understand the consequences of the British referendum it is necessary to figure out the reasons behind the Brexit vote. We all know that David Cameron organized the plebiscite just to resolve internal disputes and end the divisions within the Conservative Party. He counted on Britons voting to “remain”, which would silence the anti-EU Tories. But as we know, he tragically miscalculated the odds. Why did Britain vote to leave the EU? Well, many factors contributed to this complex decision/issue.
Friday, August 05, 2016
Stock Market Narrowly Mixed Session / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had an interesting day on Thursday. The day started out with a firm opening, they had a hard hit that held support, and then rallied into midday. At that point, they meandered back and forth, and actually drifted lower on the S&P 500, tried to rally late in the day, got back up to the highs on the Nasdaq 100, but the S&P 500 fell short and they pulled back. They finished nearly flat, closing mixed on the day.
Read full article... Read full article...
Friday, August 05, 2016
Nasdaq and Biotech / Stock-Markets / Tech Stocks
By: Gary_Savage
There should be enough time in this daily cycle for the Nasdaq to complete a full test of the all-time highs at 5231 before the next drop down into a daily cycle low. Again, let me stress not to read anything into the impending correction. It’s just going to be a run of the mill correction. They tend to happen like clockwork about every 35-45 days.
Read full article... Read full article...
Friday, August 05, 2016
Does Gold Continue Its Bull Market Towards $1500 or Crash? / Commodities / Gold and Silver 2016
By: Chris_Vermeulen
Gold has a “clear presence” to play in a world dominated with ‘global economic uncertainty”
My analysis shows that gold will be implemented to protect ‘global purchasing power’ and minimize losses during our upcoming periods of ‘market shock’. It serves as a high-quality, liquid asset to be used when selling other assets would cause losses. Central Banks of the world’s largest long-term investment portfolios use gold to mitigate portfolio risk in this manner and have been net buyers of gold since 2010.
Read full article... Read full article...
Friday, August 05, 2016
XTrade—A Visionary CFD Trading Company / InvestorEducation / Learn to Trade
By: ....
Today many companies flood the trading market with offers. How is XTrade different to other companies? Why is their vision distinctive, and how can they make you a better trader? Keep on reading and you will find the answer to these questions.
Thursday, August 04, 2016
Financial Markets: Understand the Present to Forecast the Future (Part 1) / Stock-Markets / Financial Markets 2016
By: EWI
Knowing where you are within a trend helps you see around the next corner
[Editor's note: A text version of the interview is below.]
Steve Hochberg, our Chief Market Analyst, sits down with ElliottWaveTV to talk about his background, how he discovered the Wave Principle, and why "it's applicable to all markets."
This is part 1 of our in-depth interview. Come back on August 5 to watch part 2, where Steve explains what else makes Elliott wave analysis so useful and practical.
Read full article... Read full article...
Thursday, August 04, 2016
Stock Market, Gold Update / Stock-Markets / Financial Markets 2016
By: Brad_Gudgeon
It looks as though the stock market is waiting for the malefic Saturn Stationary/Direct in Sagittarius around August 13th before any serious damage might occur. The 7- week cycle low is due August 16 and may coincide with the August 19th projected GDX low where there is a bisecting of the January 20 to August 2 .618 retrace and Mar '09 to January '16 rising bottoms line near 1952/53. GDX: July 6-25 (wave X) added to the August 2 top (Wave Y) = August 19 (which is also a TLC low, wave Z).
Read full article... Read full article...
Thursday, August 04, 2016
UK's Prime Minister Commits to Successful Brexit / Politics / BrExit
By: John_Browne
On June 23rd, despite months of fear mongering by former Prime Minister David Cameron and his allies, doomsday global economic forecasts offered by the International Monetary Fund and the Obama Administration, and a steady drumbeat of anti-Brexit news stories by the BBC, The Economist and the Financial Times, the British people delivered an unexpected event to the global financial system by voting to take Britain out of the European Union. Despite the forecasts of doom and gloom, the people voted for freedom, democracy and common law.
Thursday, August 04, 2016
What Student Debt Problem; Simple Solution ends the problem / Interest-Rates / Student Finances
By: Sol_Palha
A problem clearly stated is a problem half-solved. Dorothea Brande
The real issue is that there are college students that don’ want to work and want to go to the best colleges money can buy, and the parents are encouraging this. What happened to the day you went to the college you could afford, and you worked to pay for all of it or, at least, helped your parents. The problem lies with the parents and the kids; the parents are encouraging this asinine behaviour. Today’s generation believe that they are entitled to the best of the best without having to work for it. College Graduates that are drowning in debt, but still refuse to give up on luxuries is a perfect example of this principle in action. Instead of tightening their belts, they continue to add to the debt and then cry wolf when everything starts to fall apart.
Read full article... Read full article...
Thursday, August 04, 2016
Don’t Be So Sure That States Can’t Go Bankrupt / Interest-Rates / US Debt
By: John_Mauldin
Our judicial system has a time-tested option for those who can’t pay their debts: bankruptcy. Individuals and businesses use it all the time.
The debtor submits itself to a court, which tries to reach the fairest possible settlement with creditors. It’s messy, but it usually works for the best.
Federal bankruptcy code permits cities, school districts, and other local governments to file bankruptcy.
Read full article... Read full article...
Thursday, August 04, 2016
3 Signs IBM Is in Big Trouble—and How the Company Masks It / Companies / Tech Stocks
By: John_Mauldin
BY TONY SAGAMI : I got a lot of positive feedback on my recent column, “Anatomy of a Successful Short Sale.” It’s no surprise, though. Spotting failing companies is as useful and lucrative as uncovering hidden gems.
Now let’s put theory into practice and take a look at a stock that my subscribers are currently shorting.
That stock is IBM.
Read full article... Read full article...
Thursday, August 04, 2016
SPX Challenges the Trendline / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
SPX spent the overnight session challenging the upper trendline of its Orthodox Broadening Top at 2165.00. It currently appears to have fallen back beneath it.
ZeroHedge wrote at 6:55 am., “In a mostly quiet session, European and Asian stocks rose, pushed higher by financial stocks and the USDJPY which initially dipped on some hawkish comments by BOJ deputy governor Iwata, only to rebound later in the session, lifting the Nikkei 1.1%, while the Stoxx 600 rose 0.4% led higher by the banking sector. S&P futures are unchanged after yesterday's last hour ramp. The key event is the BOE decision due in half an hour, which saw the pound dip initially only for cable to regain all losses in recent trading, despite a 100% price in expectation that Mark Carny will deliver the first interest rate cut in seven years.”
Read full article... Read full article...