Friday, March 11, 2016
GDXJ ETF - Gold Junior Stocks Strong in Dark / Commodities / Gold and Silver Stocks 2016
With gold miners’ stock prices surging dramatically this year, investors’ attention is starting to return to the gold juniors. These smaller miners and explorers suffered terribly in recent years, all but abandoned as gold slumped to major secular lows. But even during gold’s darkest quarter, the fundamentals of the juniors actually mining gold remained quite strong. This portends explosive profits growth as gold recovers.
Most investors think of junior gold stocks as the Wild West of commodities stocks, with good reason. The legendary American humorist Mark Twain allegedly described a gold mine as a hole in the ground with a liar at the top! There are literally hundreds of gold juniors, a number that swells whenever gold grows more popular. And the great majority of these tiny companies truly are junk, they are indeed doomed to fail.
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Friday, March 11, 2016
Gold, Stocks and the Miners Analysis / Stock-Markets / Stock Markets 2016
One is the star of the year so far, grinding higher in what could be the launch phase of a new bull market as confidence wanes in the face of NIRP and other desperate global policy actions, and the realization that this disgraceful policy designed to spur speculation and asset price appreciation is all policy makers have got left in their bags of tricks. The endgame is a bag with a hole in it; a monetary black hole.
The other grinds on in what could be the last significant hope replenishing bounce before new downside is explored. Various US and global indexes are already in bear markets but casino patrons are trained to look at the S&P 500, Nasdaq 100 and Dow as “the stock market” and these have not yet gone ‘bear’. If the current bear-trend bounce fails however, that confirmation would be coming promptly.
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Friday, March 11, 2016
Stocks, It's all about Oil... / Stock-Markets / Stock Markets 2016
It’s all about oil as the IEA and banks do their best to elevate the price of oil, topping at 38.95 this morning while encouraging oil companies to raise cash with equity offerings at their newly inflated price so that their (bank’s) loans may be paid off. The obvious conflicts of interest (and possible jail time) are being ignored, indicating the sense of desperation about this maneuver.
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Friday, March 11, 2016
The Day the Dollar Bait-and-Switch Died… Gold May Boom / Commodities / Gold and Silver 2016
Did you know that Thursday was one of the most critical market days in recent memory, one that should be internalized by gold bulls, currency traders and equity investors alike.
It was the day the latest central banking “bait and switch” died.
What did we learn? The dollar is done tightening in any meaningful way. And the euro is done loosening.
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Friday, March 11, 2016
Gold Rises To 13 Month High as ECB ‘Bazooka’ Shoots Blanks / Commodities / Gold and Silver 2016
Gold prices climbed to a 13-month high in dollar terms overnight ($1,282.51) after the increasingly adventurous, dare one say reckless, European Central Bank unleashed its latest ‘bazooka’ and initiated more interest-rate cuts, a significant extension in currency printing and bond purchases and also a potential subsidy to banks lending.
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Friday, March 11, 2016
Crumbling U.S Empire Drives Russia and China to Move into Gold / Commodities / Gold and Silver 2016
Central bankers have been on a massive Gold Buying Spree led by Russia and China. One must remember that not only is Putin ex-KGB, but he is also an economist and holds a black belt in judo. Judo teaches you to use your opponent's momentum to defeat him or her, and that appears to what Putin is doing. He has this administration running circles, by the time they figure out what he is up to, it is too late to do anything. Putin and China can see that the writing is on the wall that the days of U.S holding the top spot are numbered. Our economy is in shambles and only appears to look strong because of the hot money that is holding it up. Regarding illusions, it is a perfect illusion and for now, the masses have bought it, but Russia and China have not.
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Friday, March 11, 2016
London Gold Price Fix Rigging - Fact or Myth? / Commodities / Gold and Silver 2016
The London Gold Market is a part of the London Bullion Market, which is a wholesale over-the-counter market for the trading gold and silver, coordinated by the London Bullion Market Association. It is the wholesale market - the usual minimum size of transaction is 2,000 ounces of gold (while the standard size is 5,000 ounces) - individual investors are practically excluded from the market. The London Gold Market was the most important gold market until the 1970s, when the American Commodity Exchange Inc. (Comex) started to trade gold futures and soon gained prominence. Currently, the gold market is dominated by these two centers of gold trading. The Comex dominates the market in gold futures, while the London Gold Market is by far the largest global center for over-the-counter (OTC) transactions. It is also the biggest marketplace for gold in the world by the volume of trade (the London OTC spot market is about ten times higher that of the U.S. futures market), which clears the annual mining production of gold every few days.
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Friday, March 11, 2016
Negative Rates and Money Heaven Financial Wonderland Q&A / Interest-Rates / Negative Interest Rates
Questions on negative rates keep coming in: Where does the money go? Who benefits? Will the Fed do the same? What's Draghi up to?
A quick refresher course on paying interest on excess reserves vs. charging interest on excess reserves is in order.
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Friday, March 11, 2016
Mario Draghi Got Lost In A Rabbit Hole / Interest-Rates / ECB Interest Rates
I’ll try and keep this gracefully short: Mario Draghi ‘unleashed’ a bazooka full of desperate tools on the financial markets yesterday and they blew up in his face faster than you could say blowback or backdraft (and that’s just the start of the alphabet). This must and will mean that Draghi’s stint as ECB head is for all intents and purposes done. But…
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Friday, March 11, 2016
Blockbuster Uranium Call and Best Metal and Oil Plays / Commodities / Resources Investing
The event-driven hedge fund Rosseau LP has beat its benchmark by over 50% since inception in 1998, and its founder and CIO Warren Irwin says it does so by going deep, looking at very specific events or situations that are special within industry sectors. Irwin made his name by shorting Bre-X some 20 years ago and hasn't looked back. In this interview with The Gold Report, Irwin gives us a peek into Rosseau's portfolio, discussing opportunities that he is excited about in metals, uranium and oil.
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Friday, March 11, 2016
Forex Markets Uncertainty Around ECB Decisions / Currencies / Forex Trading
Earlier today, the euro declined against the U.S. dollar once again as uncertainty around today's ECB decisions continues to weight on the European currency. Thanks to these circumstances, EUR/USD dropped under the barrier of 1.1000. Will we see a test of the recent lows in the coming days?
In our opinion, the following forex trading positions are justified - summary:
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Friday, March 11, 2016
ECB Panic Money Printing to Save Euro-zone from Economic Collapse as BrExit Looms / Interest-Rates / Negative Interest Rates
A little over a month on from the Bank of Japan's panic announcement of negative interest rates and money printing. Now it's the turn of the ECB to PANIC by firing it's own inflation bazooka in what is commonly termed as the currency wars (competitive devaluations) as nations attempt to import inflation and export deflation by means of manipulating exchange rates. This weeks ECB PANIC followed euro-zone inflation turning negative again (CPI -0.2%) and with virtually the whole of southern europe in a permanent economic depression, with debt mountains continuing to balloon in a perpetual state of imminent bankruptcy of the whole of southern europe as ALL central banks ONLY really have ONE objective which is to INFLATE debt mountains away for which they CREATE INFLATION by means of MONEY PRINTING and so without inflation the debt cannot be serviced.
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Friday, March 11, 2016
Mario Draghi's 'Shock and Awe' Market Campaign Morphs into 'Shock and Aw Shucks' / Stock-Markets / Financial Markets 2016
In a series of stunning market reversals, ECB president Mario Draghi's "Shock and Awe" campaign quickly morphed into "Shock and Aw Shucks".
Earlier this morning, Draghi pulled out a Bazooka Package that was supposed to sink the Euro and save the eurozone from the alleged evils of deflation.
Draghi's plan worked for all of 15 minutes. The market then had second thoughts on the Euro, on gold, on the German stock market, and on equities in general.
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Friday, March 11, 2016
Trader Education Week: Valuable For Traders At All Levels / InvestorEducation / Learn to Trade
Learn why you should attend our FREE Trader Education Week
Are you interested in taking your trading to the next level? Would you like to learn methods that will allow you to spot trading opportunities for yourself? Join Jeffrey Kennedy for one of our most popular freeevents, Trader Education Week -- watch below:
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Friday, March 11, 2016
Stock Market Truth Is Dangerous / Stock-Markets / Stock Markets 2016
The current bullish climb for US stock indices is now seven years old. Yet, many pundits, investment bankers, and even central bankers are warning that downside risk is growing. Maybe, but I believe stocks will likely continue their bull run. The February rally of 2016 was a clear result of ‘calendarization’. That is, the fourth quarter is always good so investors receive a pretty statement at the beginning of January. This makes all the lies the government tells about the economy seem copacetic. Central bankers and Wall Street shills make it so. Tired from a quarter of constant price manipulation, these manipulators take a few weeks off in January. Naturally without unnatural support, stock indices take a dive. Panicked at the thought of investors receiving a negative January monthly statement, the central banker manipulation crowd goes into overdrive in February pushing stock indexes back up so investor psyche will be soothed by a positive February statement. Still worried about negative first quarter statements courtesy of the January beating, the manipulators continue pushing indexes higher through March. We have seen this movie over and over. I call it ‘calendar-ization’. If clients ask what is happening in the stock carnivals, I check the calendar first. And like all rallies, this one was all based on lies (improving economics), false data (corporate earnings), and hope (central bankers will save us with more stimulus). The central bankers are throwing us a birthday party and it’s not even our birthday. So why are so many people pessimistic about price levels and the recent rally?
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Thursday, March 10, 2016
Stock Market Retracement High was Made... Prepare for What's Next / Stock-Markets / Stock Markets 2016
SPX clearly made a corrective high beneath Friday’s high before impulsively declining to its low at 1969.25. The 61.8% retracement is at 1991.39, where the bounce may be expected to go. We may see the ensuing decline begin in earnest either in the last hour of the day or overnight. Be Prepared.
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Thursday, March 10, 2016
Is This The End? Draghi Fires His Bazooka And Markets Turn Away In Disgust / Stock-Markets / Negative Interest Rates
ECB chair Mario Draghi delivered big-time this morning by announcing lower interest rates and a new round of debt monetization. Historically, this kind of thing has sent the financial markets into Pavlovian ecstasy, with stocks soaring and the local currency falling.
Sound money people have for years been warning that such New Age monetary policies are poison and that the markets would eventually wise up and react accordingly. Today, finally, that’s what they did. European stocks popped on the news — then dropped.
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Thursday, March 10, 2016
Mainstream Media Jihad to Stop Trump / ElectionOracle / US Presidential Election 2016
Thursday, March 10, 2016
Bonds, Debt and Gold - Keep The Money Game Churning / Commodities / Gold and Silver 2016
There is money to be made so the game must be played… It’s always “ShowTime” in the financial markets. What is the game plan?
Levitate the bond market. See chart below. Keep those interest rates dropping so the bond market continues its 35 year climb. Oops – $7 Trillion in bonds with negative interest rates, at last count, with more from Japan this week. Have we reached a limit? Probably not, but what could go wrong lending money to insolvent governments who guarantee they will return less than they borrowed in 10 years?
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Thursday, March 10, 2016
Mario Supersized Stock Market Stimulus / Stock-Markets / Stock Markets 2016
Mario Draghi supersized his stimulus announcement. EuroStoxx ramped after the announcement, but what will be the follow-through? Will this be another Kuroda, European style?
ZeroHedge Reports, “Well, the people wanted a "bazooka-sized" surprise from Draghi, and they got it.
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