Wednesday, March 16, 2016

David Morgan: Silver Supply under $16 Is Limited. Serious Backlash Coming If Futures Market Breaks / Commodities / Gold and Silver 2016

By: MoneyMetals

Mike Gleason, Money Metals Exchange: I'm happy to welcome back our good friend David Morgan of TheMorganReport.com and author of the book The Silver Manifesto . David it's a pleasure to talk to you as always, how are you?

David Morgan, The Morgan Report: I'm doing well, thank you for having me on your show.

Mike Gleason: Well to start out I'll ask you to comment on the market action here in 2016 so far. Now, gold and silver have done quite well, we had gold advancing on weakness and concerns in the equities markets earlier in the year. In March, we've seen it continue to do well even as stocks rebounded from a strong employment report. One would think it's a bullish sign when we get good price action even with supposedly negative news for precious metals coming out. So give us your thoughts on the market action so far this year, David, and specifically why do you think the metals have done so well here in the early part of 2016?

Wednesday, March 16, 2016

Moneyfacts Comments on Savers and Borrowers Budget 2016 / Personal_Finance / UK Tax & Budget

By: MoneyFacts

The 2016 Budget was announced today and has now been reviewed by Moneyfacts.co.uk. So what does the new Budget mean for savers and mortgage borrowers?

Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:

Wednesday, March 16, 2016

George Osborne's EU Referendum Bribes Budget 2016 Full Text / Politics / UK Tax & Budget

By: Submissions

George Osborne full budget statement: Mr Deputy Speaker, Today I report on an economy set to grow faster than any other major advanced economy in the world. I report on a labour market delivering the highest employment in our history. And I report on a deficit down by two thirds, falling each year and – I can confirm today – on course for a budget surplus. The British economy is stronger because we confronted our country’s problems and took the difficult decisions.

The British economy is growing because we didn’t seek short term fixes but pursued a long term economic plan. The British economy is resilient because whatever the challenge, however strong the headwinds, we have held to the course we set out.

Wednesday, March 16, 2016

Stocks Premarket is Down, Awaits the FOMC / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

Good Morning!

The SPX Premarket is down, but not sufficiently to break the next support level at 1988.79. Should the decline continue, I would expect to see a bounce in that vicinity.

Wednesday, March 16, 2016

U.S. Dollar Outlook: Peak Dollar? / Currencies / US Dollar

By: Axel_Merk

Is the dollar's seemingly relentless rise in recent years coming to an end? What are the implications not only for the greenback, but other currencies and markets around the world?

Wednesday, March 16, 2016

Stock Market Bear Counter Rally Continues / Stock-Markets / Stock Markets 2016

By: Christopher_Quigley

Europe continues to disintegrate politically.
On the  26th of February the Irish people went to the polls in a general election. Nearly 3 weeks later a government has not been formed due to the fact that no main party won an outright majority. It looks like this instability will remain for at least another month or so. Spain went to the polls 3 months ago and still no government has been voted in. Belgium was unable for 541 days to form a government, following its general election in 2010.

Wednesday, March 16, 2016

NUGT, ERX and LABU Charts of the Day / Companies / Company Chart Analysis

By: Gary_Savage

Way back in December I called attention to the huge explosion in volume in the triple leveraged mining fund NUGT. The same thing is now occurring in the energy and biotechnology sectors.

Wednesday, March 16, 2016

U.S. House Prices Forecast 2016 - Video / Housing-Market / US Housing

By: Nadeem_Walayat

The most recent release of US House prices data for December 2015 (Case Shiller 10 City Composite) continues to show little change at 197.21 against 197.40 of 4 months earlier which means that US house price inflation has spent virtually the whole of 2015 within a tight range of between +5% and +4%, which whilst stable is nevertheless a far cry from early 2014 that had house price inflation galloping ahead at near 14% per annum.

Wednesday, March 16, 2016

The Four Blind Mice At the Cliff, Booms Built Reserves, Busts Liquidate Them / Stock-Markets / Financial Markets 2016

By: Doug_Wakefield

"They Keynesian economists urge adoption of a "managed currency" and various forms of government intervention in the economic life of its fellow citizens. The idea is that government should supply an economic wisdom that private enterprise lacks or is unable to use. But even these economists see the uneconomic results of the government intervention which they advocate....Can government ever supply private enterprise with an economic wisdom which it would otherwise lack?" - Away From Freedom (1952) Vervon Orval Watts, pg 70

"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate secretly and unobserved, an important part of the wealth of their citizens....As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery." - The Economic Consequences of Peace (1919) John Maynard Keynes, pg 235 & 236

Wednesday, March 16, 2016

Corporatists Mobilize to Prevent TPP Opposition / Politics / TPP

By: BATR

No better example on how the actually world operates can be found than the Corporatist argument that all the opposition to TPP is just wrong. Really ??? Understand that the record of trade agreements have been greatly beneficial to Transnational Corporations. So it is natural that enterprises that seek to crush competition, favor the term FREE, when in reality the practice of conducting commerce on highly structured agreements, eliminates upstarts and squeeze out weak rivals. TPP has finally taken off the mask for all to see.

Wednesday, March 16, 2016

USD/JPY - Short-term Consequences of Long-Term Resistance / Currencies / Forex Trading

By: Nadia_Simmons

Earlier today, the Bank of Japan kept interest rates unchanged at -0.10% which pushed the yen higher against the greenback. What does it mean for USD/JPY?

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

Wednesday, March 16, 2016

Crude Oil Price Due for a Pit Stop / Commodities / Crude Oil

By: Ed_Carlson

Crude gained $2.58 last week to close at 38.50 - on the declining trendline and the 50% retracement of the October decline. My bandwidth indicator has turned down indicating that the rally is long-in-the-tooth. On Friday, crude tested 39.00 which makes the February rally equal to 150% of the January rally; a natural stopping point.

Tuesday, March 15, 2016

The Fed Just Confirmed Inflation is Here / Economics / Inflation

By: Graham_Summers

As we warned last week, the inflation genie is out of the bottle…

We now have confirmation that the Fed is aware of this…

Two key Federal Reserve officials said Monday they expect inflation to get closer to the central bank’s target…

Their comments came after data late last month that showed core inflation rose 1.7 percent in the 12 months ended in January.

Source: CNBC

Tuesday, March 15, 2016

Presidents are Selected by Blood and Bankster's Clinton and Trump Distant Cousins? / ElectionOracle / US Presidential Election 2016

By: BATR

In the previous essay, The CIA’s Presidents, the influence of the intelligence community in directing and controlling the office of the presidency is presented. But before the clandestine spooks developed their sway on policy and intrigue, the absolute power behind the throne, crowned their lineage selection with the full mashaḥ anointing from the Bankster tribe. The masses are not part of this universe. Their role is to bow down to the chief executive that has been picked for them to obey. The actual person is less important than keeping the line of authority in the family.

Tuesday, March 15, 2016

Runaway Credit is the Biggest Threat to Life as We Know It - Video / Interest-Rates / Credit Crisis 2016

By: Mario_Innecco

Transcript excerpt: Tuesday March 15 2016 today I'm gonna be talking about runaway credit
and how life as we know is under threat from runaway credit debt I don't wanna
sound alarmist but I think I need to cover this subject
I'll start out with a comment John Pierpont Morgan JP Morgan back in 1912 the poo poo joe meat committee
hearing at the EUS House of Representatives here he was asked what
gold was and he said money is gold and nothing else they they don't have a
variations that this and some people say that he said money is golden everything
else is credit but I think he was that's a misquote patient but it still serves

Tuesday, March 15, 2016

Global Stakes for the Brexit Vote / ElectionOracle / EU_Referendum

By: Peter_Schiff

On February 20th, UK Prime Minister David Cameron announced that the 'in/out EU referendum' he had promised in the campaign for the last parliamentary vote would finally take place on June 23rd. The outcome of the long-promised vote could have a tremendous impact not merely on the future of Mr. Cameron and his coalition but on the economic future of Great Britain and much of the world, including the European Union (EU) and the United States. It's arguable that the referendum will be the most significant vote the world will see between now and the U.S. presidential ballots in November.

Tuesday, March 15, 2016

Bitcoin Price Not Far from $400 / Currencies / Bitcoin

By: Mike_McAra

In short: short speculative positions, target at $153, stop-loss at $515.

Microsoft has dropped Bitcoin from its Microsoft Store, we read on the Fortune website:

Back at the end of 2014, Microsoft started allowing many people to pay money into their accounts using bitcoins. However, it has now quietly removed the option.

The change applies to both Windows 10 and Windows 10 Mobile, meaning people won’t be able to top up their balances with bitcoins in order to buy games, music and so on.

It’s not clear why Microsoft has suddenly gone cool on Bitcoin, but it is worth noting that it never went all in — the feature never saw a wide geographical rollout, and Microsoft never accepted bitcoin for its own products and services.

Tuesday, March 15, 2016

Zero-Hour for the Precious Metals… - / Commodities / Gold and Silver Stocks 2016

By: The_Gold_Report

Just as the world was breathing a massive and collective sigh of relief that a new bull market in gold and silver had arrived with all the pomp and pageantry of a Royal Wedding, the Barbarians climbed the walls and are now very close to razing the palace, says precious metals expert Michael Ballanger.

Tuesday, March 15, 2016

Stock Market Trading Cycle inverts... / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

Good Morning!

SPX closed yesterday above both its 200-day Moving Average at 2019.41 and its mid-Cycle support/resistance at 2012.67. However, this morning’s Premarket seems to have knocked it off both perches.

Today we have an inverted Trading Cycle Pivot. I originally anticipated it to be a Cycle low, as the vast majority of Trading Cycle Pivots are. Today’s Pivot corresponds with the November 16 and January 20 lows. As a result, I had miscalled the rally, expecting it to end much sooner. It appears that the rally far exceeded many other analysts calls as well.

Tuesday, March 15, 2016

Gold and Silver Rally Could Have Durability – SWOT Analysis / Commodities / Gold and Silver 2016

By: GoldCore

Gold and silver’s fundamentals look good and the rally in bullion and gold stocks may have durability points out Frank Holmes of U.S. Funds writing in Gold Seek today.

In his weekly SWOT analysis – strengths, weaknesses, opportunities and threats – of the precious metal markets, Holmes notes that: