Wednesday, June 01, 2016
Moneyfacts Business Current Account Star Ratings Announced / Personal_Finance / SME
By: MoneyFacts
Moneyfacts has completed its annual assessment of the business current account market and awarded its Star Ratings as a result.
The Moneyfacts Business Current Account Star Ratings compare the charges and features that are most important for those looking for a current account, helping them to focus on a product that suits their individual business needs.
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Wednesday, June 01, 2016
Now Japanese Prime Minister Abe Predicts Imminent Global Economic Catastrophe / Economics / Economic Collapse
By: Jeff_Berwick
We continue to report on important mainstream investors, professional and private, who have warned about an impending, global financial catastrophe. Now, add Japanese Prime Minister Shinzo Abe to that list.
George Soros, Stanley Druckenmiller, and Carl Icahn among others have all made dire statements. They’ve also reconfigured their portfolios and taken positions in gold and silver and shorted the market.
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Wednesday, June 01, 2016
British Pound Climb Continues Despite Brexit Anxiety Driving GDP Growth to Lowest in Years / Currencies / British Pound
By: AnyOption
While the Pound has recently shrugged off a further tapering in the economy, Brexit fears continue to define the economic climate as evidenced by decelerating household spending and falling business investment. As the vote draws nearer, the economic data is likely to show that the anxiety is becoming more acute, with an even deeper pullback in fundamental activity anticipated. Current forecasts are showing growth retreating even further to a 0.30% pace for the second quarter, a figure that could easily be lower based on the sluggish attitude of consumers and businesses as they await the outcome. In the meantime, the Pound continues to be sensitive to the polling, with expectations of a “Bremain” vote driving the Pound higher, despite the obvious risks to the outlook that could sharply reverse the existing momentum.Read full article... Read full article...
Wednesday, June 01, 2016
Trump and Hillary Don't Know How to Fix the Economy / ElectionOracle / US Presidential Election 2016
By: MISES
Justin Murray writes: Recently, Hillary Clinton was taped ridiculing Donald Trump for lacking a detailed plan for the American economy. The message, so it goes, is that Trump is not suited for the presidency because he doesn’t have a plan on how to turn the American economy around.
But is it really more dangerous to elect a president who makes up economic policy on the fly than one who proclaims to have a detailed plan for us?
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Wednesday, June 01, 2016
Stock Market Mixed Session to Start the Week / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices started the day out on a positive note, and then sold off dramatically, taking the Nasdaq 100 from 4526 down to 4497 in a 3-wave, constructive pullback. The S&P 500 pulled back from 2103 to 2089. A very later, 45-minute rally took place and brought the Nasdaq 100 up 30 points and the S&P 500 10 points. A last, 2-minute pullback brought them off that rally high, and they closed mixed on the day.
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Wednesday, June 01, 2016
Counter Trend Rally in Gold Due; Stock Market Topping? / Stock-Markets / Financial Markets 2016
By: Brad_Gudgeon
The GLD chart below shows gold in a declining wedge. Cyclically, an 8 TD low is due in gold and a 4 TD low due in GDX on June 1st. A strong rally is indicated into June 2nd for both gold and GDX.
The stock market (as measured by the S&P 500) has either made its secondary top on May 31st or will likely do so on June 1, in my opinion. Another large drop is due in the weeks ahead.
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Wednesday, June 01, 2016
The Numbers Add Up to Vindication for a Cautious Gold Bull. . . / Commodities / Gold and Silver 2016
By: The_Gold_Report
Precious metals expert Michael Ballanger discusses the importance of caution and timing in gold investment.
Tuesday, May 31, 2016
A “Big Money” Making Move is Coming to the Stock Market Soon… / Stock-Markets / Stock Markets 2016
By: Graham_Summers
Traders gunned the market higher last week thanks to extremely low volume (most of Wall Street left early for the holiday weekend) and the usual performance (many funds have to record results at month end).
The S&P 500 has now slammed up against overhead resistance (red line). We are once again within spitting distance of the all-time highs.
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Tuesday, May 31, 2016
Will the Fed be Blind Sided by Stagflation? / Economics / Stagflation
By: Michael_Pento
Most Central Bank watchers know that our Federal Reserve has a dual mandate of stable prices in the context of maximum employment. But its use of the words "stable and maximum" is somewhat misleading. For instance, one would assume that "stable" inflation would lead the Fed to pursue no change in prices and "maximum" employment would be a rate targeted at 0 percent unemployment; but this is not the case.
For some antithetical economic reason central bankers have unanimously redefined stable prices as adopting a 2 percent inflation target. The Fed has also morphed the term maximum employment rate to mean a 5-6 percent unemployment rate, clinging to the misguided belief that full employment is the progenitor of inflation, despite no supporting economic or historical evidence.
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Tuesday, May 31, 2016
10 Questions About our Broken Financial System / Interest-Rates / Financial Crisis 2016
By: DeviantInvestor
Bonds look like a bubble in search of a pin. What if global bonds are revalued lower to account for the following?
- Probability of repayment in a currency that will maintain its purchasing power for the lifetime of the bond.
- Probability of responsible fiscal management by the governments of the bond issuing countries.
- Probability of repayment without rolling over those bonds by creating EVEN MORE UNPAYABLE
- Actual positive yield.
Tuesday, May 31, 2016
Here’s Where the TSA Got This One Wrong / Politics / US Politics
By: Rodney_Johnson
My wife hates to fly. It’s not the planes that bother her, although she’s no fan of turbulence. It’s the security process. There’s something about passing through a low-level X-ray machine that can see through your clothes that gives her the willies. Who can blame her?And then there’s the Transportation Security Agency (TSA) agents themselves. Why is it that six or seven seem to be just hanging out while three of them work one security machine, as 200 people wait in line?
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Tuesday, May 31, 2016
Here’s How Greece’s Bailout Falls Short / Politics / Eurozone Debt Crisis
By: Rodney_Johnson
If you lent a guy money and he failed to pay you back, would you lend to him a second time? How about a third time?
That’s exactly what’s going on in Europe.
The European Central Bank (ECB), European Commission (EC), and the IMF – the three entities collectively known as the Troika – bailed out Greece in 2010… then again in 2012.
Tuesday, May 31, 2016
BREXIT Gold Diversification As Vote Fuels Market Uncertainty / Commodities / Gold and Silver 2016
By: GoldCore
BREXIT gold diversification is taking place due to concerns about the BREXIT vote on June 23rd as “smart money” institutions, banks and investors diversify into non negative yielding gold.
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Tuesday, May 31, 2016
Gold Price Not Ready for a Final Intermediate Cycle Low / Commodities / Gold and Silver 2016
By: Gary_Savage
The voice of complacency says no pullback in gold. Anyone who took profits will not get a chance to reenter. Here is the chart. Clearly this analyst was expecting gold to soon take out the 2014 high. It’s forming a bull flag and cup and handle patterns in preparation for the rocket launch right?
Tuesday, May 31, 2016
End the Fed, The Raven of Zurich, The Creature from Jekyll Island.. Book Reviews - Video / InvestorEducation / Reviews
By: Mario_Innecco
it's Tuesday May 31st 2016 i'll be talking about my book list today is
going to be a part 1 I can't go through all of them so i'll just start right
away with the first one here is called The Raven of zurich the met the memoirs
of felix summary and very interesting book and I read a little bit from the
inside flap on the book and it says field Felix summary known in his
lifetime as the Raven of zurich for his dire but actually predictions of the
future let a life of action as banker social thinker diplomat and relent this
back layer for the integrity of currencies as the key to democratic
survival born an imperial vienna in 1881 he was trained in the renowned Vienna
school of economics and then had an adventurous banking career with the
anglo-australian bank amid Balkan intrigued that preceded the First World War
Tuesday, May 31, 2016
UK Mortgage Interest Rates Before and After the Help to Buy Scheme / Housing-Market / Mortgages
By: MoneyFacts
Since the introduction of the Help to Buy Mortgage Guarantee Scheme in October 2013 the market for high loan-to-value mortgages has been well and truly shaken up. Indeed, as a result of the scheme, Moneyfacts.co.uk can reveal that the number of 95% loan-to-value (LTV) mortgages has jumped from just 56 products in October 2013 to 271 today.
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Tuesday, May 31, 2016
3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch / Commodities / Crude Oil
By: OilPrice_Com
Total global oil production could decline for the next several years in a row as scarce new sources of supply come online.
According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. But the deficit will only widen in the years ahead due to the dramatic scaling back in spending on new exploration and development.
Tuesday, May 31, 2016
EU Referendum - British People vs Establishment Elite, Vote LEAVE an Act of Defiance! / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
The battle lines of the EU Referendum clearly breakdown into two distinct camps, on the one side you have the LEAVE under funded under dogs, that comprise maverick politicians and small businesses, and the mass of the electorate, especially appealing to the low paid working class Labour voters, and to a lesser extent the Tory voting working and middle classes who have seen their earnings decimated as a consequence of 5 million EU workers driving down wages. Against which are marshaled the forces of the establishment, those who have literally held or bought REAL power for centuries! The rich, big business, big media and their pocket politicians with numerous vested interests such as the Farmers who rake in hundreds of thousands of pounds in EU bribes (subsidies) each year to buy their support and votes.
Tuesday, May 31, 2016
Alan Greenspan Warns That Venezuelan Style Martial Law Will Soon Come To The US / Politics / US Politics
By: Jeff_Berwick
It seems barely a day passes now without some big name person warning of imminent collapse. The latest is Alan Greenspan.
In an interview on Thursday he told Fox News that Venezuela is now under martial law and that “America is next.” He said that what was happening in Venezuela was inevitably going to take place in the US.
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Tuesday, May 31, 2016
Gold - Mr. Cool Cucumber is starting to Sweat / Commodities / Gold and Silver 2016
By: Plunger
Since early February I have visually described my position and mental framework in the precious metals market as being “Cool as a Cucumber”. This has served me well as it has allowed me to stay invested as the move powered higher and many bailed to the sidelines expecting an early correction. Well now that we are into the first significant pullback lets see how Mr. Cucumber is doing and some of the market factors he is considering. Is he keeping his cool?