Tuesday, March 22, 2016

Gold Holds on to Gains Despite Rollercoaster Ride on Rate Hike Rumors / Commodities / Gold and Silver 2016

By: Nicholas_Kitonyi

Gold has an interesting relationship with the U.S Federal Reserve – we all know the Fed has huge gold reserves. However, the relationship between the Fed and gold extends beyond the huge stockpiles of gold that the Fed hoards. The fed often wields the power to determine the trading price of gold and you can record massive gains or huge losses on your gold investments depending on what the fed does at any point.

Tuesday, March 22, 2016

BitGold’s Secret: A Taxation Time Bomb / Commodities / Gold and Silver 2016

By: Peter_Schiff

Gold is not only the world’s best performing asset so far in 2016, but it’s also off to its strongest annual start since 1980. A key difference is that 1980 was the end of a bull market, while this is the beginning of a new one. Actually, it’s the beginning of the second leg of a long-term bull market that began over 15 years ago, which I believe will be even more powerful than the first.

But today, I am warning potential gold buyers about another gold ripoff. 

Tuesday, March 22, 2016

UK Savings Interest Rate Landslide / Personal_Finance / Savings Accounts

By: MoneyFacts

Data from Moneyfacts.co.uk can reveal that rate reductions in the savings market have now outweighed rate rises for five consecutive months.

In February, Moneyfacts recorded just 12 savings rate rises. Disappointingly, rate reductions over the same period completely outshone this figure, with the number of rate decreases over the month standing at a staggering 235, with some deals falling by as much as 0.74%.

Tuesday, March 22, 2016

Expect the Unexpected! Don't Ever Underestimate What Central Bankers & Government Will Do / Stock-Markets / Financial Markets 2016

By: Gordon_T_Long

Falling Progits and Weakening Markets

The full report explores falling corporate profits, slowing cash-flow levels and weakening market breadth.

Tuesday, March 22, 2016

Greenspan Now Worried About Inflation, Says 'Entitlements Crowding Out Investment, Productivity is Dead' / Economics / US Economy

By: Mike_Shedlock

Former Fed Chairman Alan Greenspan spoke with Tom Keene and Mike McKee for Bloomberg TV & Radio. He discussed the ramifications of negative interest rates, entitlement spending, and declining productivity.

On the state of the U.S. and global economy, he said: "We're in trouble basically because productivity is dead in the water."

On whether he is optimistic going forward, Greenspan said: "No. I haven't been for quite a while. And I won't be until we can resolve the entitlement programs. Nobody wants to touch it. And that is gradually crowding out capital investment, and that's crowding out productivity, and it's crowding out the standards of living where do you want me to go from there."

Tuesday, March 22, 2016

Here We Go Again: U.S. Government Ramps Up Borrowing As Private Sector Slows / Economics / Government Spending

By: John_Rubino

This morning, US existing home sales plunged and the Chicago Fed’s national activity index turned negative. Both are obvious signs of a slowing economy.

Anticipating this kind of news, Credit Bubble Bulletin’s Doug Noland in his most recent column analyzed the Federal Reserve’s quarterly Z.1 Report for signs of changing financial trends, and found something potentially serious. The following three charts tell the tale:

Tuesday, March 22, 2016

Stock Market Refusing To Sell At Overbought... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

The market was overbought on many of the index charts going in to the weekend. One would expect the market to pull back from overbought, especially when the overbought conditions were on both the short-term, sixty-minute charts and the daily charts. When that happens it's usually a short-term top and down we go. Not today. The market is refusing to fall with any force. The bulls are back and back in full force, and dare I say, full froth. Markets are all about emotion as we all know by now. It's not about truth or reality. It's about the flavor of the day, regardless of what may be happening in the real world. The flavor of every day seems to be BUY!!! No matter what, BUY!!!!!

Tuesday, March 22, 2016

Legoland, Alton Towers... Grown Ups Go FREE 2016, 2017 on Kellogg's, Crunchy Nut, Rice Krispies... / Personal_Finance / Money Saving

By: Anika_Walayat

The easter school holidays have just begun with parents seeking ways to keep their kids entertained during the 2 week holiday that will likely include a trip to a major UK theme park. We'll here is some great news, Kellogg's are running a promotion that allows entry into the UK's top theme parks until June 2017! So plenty of time to use the vouchers to gain entry into 14 UK theme parks that include Alton Towers, Legoland, Chessington, the Dungeon, Sea Life, Shreks Adventure and Madame Tussaud's.

Monday, March 21, 2016

UK House Prices - This is London Falling / Housing-Market / UK Housing

By: EWI

Editor's note: The following article is adapted from the State of the Global Markets Report--2016 Edition, one of the most anticipated annual reports for technically minded investors and analysts around the world. For a limited time, we are making the report available 100% free of charge. After that, it goes to $99 per download, where it will stay for the rest of the year. Click here to get your free copy now >>

Monday, March 21, 2016

Crude Oil Price – North or South? / Commodities / Crude Oil

By: Nadia_Simmons

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.

On Friday, crude oil lost 1.30% after unexpected increase in U.S. oil rig counts. As a result, light crude slipped under $42 and closed the day under the previously-broken 61.8% Fibonacci retracement. What’s next for the commodity?

Monday, March 21, 2016

Crude Oil Price Action & Forecast / Commodities / Crude Oil

By: Chris_Vermeulen

Recently, Light Crude has seen a dramatic 35%+ increase in value.  As the current price continue to flirt with $40 per barrel, the likelihood of a further price rise is on everyone’s mind.  With recent lows near $26 per barrel, what is the possibility that oil will form a base above $30 and attempt a rally?

Historically, the 2009 low price for oil was $33.20.  This level should be viewed as a key level of support for current price action.  The recent price rotation below this level is a sign that oil prices are under extreme pressure in the current economic environment with a supply glut and slower than expected demand.

Monday, March 21, 2016

As Housing Markets Increase, Millennial Generation Purchases more Homes / Housing-Market / Global Housing Markets

By: Submissions

Kumarpal Shah writes: The housing market is booming, houses are for sale left and right and the interest rate is increasing, and believe it or not millennial are buying houses. With first time homebuyers on the market it is important to learn how to get the best loan for you.

A few years ago the housing market was in a crisis but for investors it was the best time to a buy a house. Unfortunately for those shopping for a house now the housing market is not as favorable. Prices of homes have increased, interest rates are soaring, and the people benefiting are those who are selling.

Monday, March 21, 2016

Silver – A Long-Term Perspective / Commodities / Gold and Silver 2016

By: DeviantInvestor

We all know silver is volatile.  When gold rallies, silver usually rallies faster and farther, particularly after the rally has been well established.

Volatility is not a reason to avoid silver.  Instead, now is a time to continue stacking.  Yes, silver almost certainly will correct many times, but examine the big picture.

Over the past 50 years prices for stocks, silver, gold, crude oil, health care, and presidential elections have increased exponentially, mainly due to massive increases in debt (see graph below) and devaluations of currencies.  Expect exponential price increases to continue.

Monday, March 21, 2016

Gold Silver Ratio Says It’s Time to Buy Silver, Sell Gold / Commodities / Gold and Silver 2016

By: GoldCore

Silver remains undervalued versus gold and the gold silver ratio suggests “selling the former” and “buying the latter” according to a Bloomberg article published today.

Monday, March 21, 2016

Stock Market Cycles are Delayed. A Panic May Play Catch-up / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

All eyes are on China as PBOC attempts to manage its debt load while keeping the markets aloft. The Shanghai Index closed above 3000 for the first time since January. This is an inversion of a Master Cycle which was due for a low this week. Instead, it will be a high. However, these inversions don’t end well, as the low may arrive within the next two weeks .

Monday, March 21, 2016

Over 90% of Current Accounts Charge Fees / Personal_Finance / Current Accounts

By: MoneyFacts

The latest research from Moneyfacts.co.ukreveals that more and more day-to-day current accountcustomers* are paying fees to use their account. Traditionally, customers would pay fees to get extra add-ons, such as travel insurance, but not all fee-charging accounts continue to reward their customers in this way.

Monday, March 21, 2016

Unemployment vs Inflation - May the Phillips Curve Rest in Peace / Economics / Economic Theory

By: Michael_Pento

In 1958, economist William Phillips claimed there was a historical inverse relationship between the rate of unemployment and the corresponding rate of inflation. His conclusion was that full employment (whatever that means) was inflationary. He illustrated his claim through a chart referred to as the Phillips Curve.

Monday, March 21, 2016

Silver Price About to Slump Lower / Commodities / Gold and Silver 2016

By: Clive_Maund

Whilst silver had a good week last week, outperforming gold and rising to multi-month new high, it looks like that may have been its "swan song" for a while. It looks quite positive at first sight on its latest 6-month chart with the new high and moving averages starting to swing into a more positive alignment, but once you "look under the hood" you quickly realize things are not so good at all.

Monday, March 21, 2016

Gold Price Intermediate Top / Commodities / Gold and Silver 2016

By: Clive_Maund

All the technical evidence suggests that gold is building out an intermediate top area here, which fits with the fundamental situation where complacency and "risk on" are making a comeback, thanks to the boundless generosity of Central Bankers.

Starting with gold's 6-month chart we see that after its parabolic ramp up in January and early February, it has been struggling to make further progress. The supposed (by some) bull Flag or Pennant turned out to be false and although it has edged ahead a little, the passage of time has resulted in its breaking down from the parabola simply by moving sideways, which has, unknown to many, opened up the risk of a potentially severe drop. The most plausible interpretation of pattern development since the parabolic blowoff spike in early - mid February is that it is a bearish Rising Wedge, which the price broke down from about a week ago, before a backtest of the breakdown point with the big up day last Wednesday when the Fed didn't raise rates, which triggered panic short covering.

Monday, March 21, 2016

Stock Market Extends Its Month-Long Uptrend, Will It Go Even Higher? / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, no speculative positions are justified.

Our intraday outlook is now neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:

Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral