Friday, February 05, 2016
Is the Gold Price Manipulated? / Commodities / Gold and Silver 2016
The claim that the gold prices are manipulated is one of the most popular notions within the gold investing community. Probably, no other market (except the silver market) holds such a belief so strongly. The core argument goes as follows: an increase in price of gold signals inflation and the decline in the value of fiat currencies, especially the U.S. dollar, which undermines confidence in the contemporary monetary system. Thus, governments, central banks and their collaborators from the financial system are heavily interested in suppressing the price of gold.
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Friday, February 05, 2016
Gold And Silver Best Performing Assets – Up 9% and 8% YTD / Commodities / Gold and Silver 2016
Gold is 3.6% higher this week and is now over 9% higher year to date. The dollar saw sharp falls this week on growing doubts that the Federal Reserve will be able to raise interest rates. The gains this week were due to increasing concerns about the U.S. and global economy.
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Friday, February 05, 2016
Gold Stocks Sector: Rubber, Meet Road / Commodities / Gold and Silver Stocks 2016
You may have noticed that I have written relatively little publicly about the gold sector over the last few years (we have covered it consistently in NFTRH to keep subscribers aware of the bear’s status, and protected against it). Is that strange for a writer who was probably known first and foremost as a ‘gold guy’? Not at all! It’s just that it is not desirable to get bogged down obsessing on a sector in a bear market when there are other fish to fry on the global macro landscape. But the process of finding and confirming a bottom in the gold sector is now front and center as more of the fundamentals that actually matter come into place. To those fundamentals, we need to marry the technicals.
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Friday, February 05, 2016
Gold and Silver: Ripe for a Recovery! China May well Change the Game / Commodities / Gold and Silver 2016
- China lifts reading of cenbank gold holdings by 57 pct
- Gold now accounts for 1.65 pct of total forex reserves
According to Central Bank Data, China's gold reserves stood at 1,658 tonnes at the end of June of last year. This was up 57 percent from the last time reserve were adjusted more than six years ago.
Friday, February 05, 2016
Gold Price Soars on Revised FED Expectations / Commodities / Gold and Silver 2016
If FED backtracks from rate hikes, gold miners can go up 50%. – CNBC Feb 4th, 2016
We have been predicting for months that the FED would not be able to raise rates as aggressively as the market was expecting. Thus, we have been long gold and mining stocks believing that a reset in expectations for how fast the FED would raise rates would be bearish for the USD and bullish for gold.
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Friday, February 05, 2016
U.S. Recession 2016 has Arrived; Factory Orders Decline 2.9%, Inventories Rise / Economics / Recession 2016
Even though economists see a mere 20% chance of recession in 2016, I am increasingly confident a recession began in December 2015.
It was another disastrous factory orders report this month.
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Friday, February 05, 2016
How Pension Plans are Responding to Financial Repression / Personal_Finance / Pensions & Retirement
In this 35 minute video, Chief Executive of CREATE-Research, Amin Rajan discusses investing in the age of financial repression as well as key points for risk mitigation with FRA Co-founder Gordon T. Long. CREATE-Research is a a network of prominent researchers undertaking high level advisory assignments for governments, global banks, fund managers, multinational companies and international bodies such as the EU, OECD and ILO. In 1998 Amin was awarded the Aspen Institute's Prize in leadership. It is a subject on which he has done extensive research involving some of today's outstanding business leaders. In two resulting publications, he has developed a close link between leadership and the emerging business models.
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Friday, February 05, 2016
End of the Fed: It Can’t Do Any of the Things It’s Supposed to Do / Interest-Rates / US Federal Reserve Bank
[The following is by TDV’s Senior Analyst, Ed Bugos]
Janet Yellen has been in the news with her often-stated determination to create price inflation.
Why Fed officials are so scared to death of the deflation we all look for at the shopping mall each weekend is anybody’s guess. Ours is that it keeps the crony banking system and its inflated bureaucracy afloat – on a sea of green, like in a yellow submarine.
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Friday, February 05, 2016
Senior Gold Producer Goldcorp Takes Large Stake in Nevada's Gold Standard Ventures / Commodities / Gold and Silver Stocks 2016
When Gold Standard Ventures announced on February 1 that Goldcorp would be investing CA$16.1 million for 9.9% of the junior's shares, industry watchers took notice. In this analysis written exclusively for Streetwise Reports, Thibaut Lepouttre, editor of Caesars Report, speculates on why the major acted when and where it did, and what it might mean for the future.
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Friday, February 05, 2016
Tips for Smart Oil and Natural Gas Investing 2016 / Commodities / Oil Companies
In today's tough price environment where most oil and gas juniors are losing money, a strong balance sheet is the key to survival, says Brian Bagnell. Access to liquidity will also help these companies hold on until prices rise again. Bagnell, a research analyst for Macquarie Capital Markets, tells The Energy Report he expects a gradual turnaround to begin late this year, and gives his tips on identifying companies that can weather the storm.
The Energy Report: Brian, is there a production cost for North American oil and gas producers at which most juniors can no longer afford to operate?
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Friday, February 05, 2016
As the Stock Market Turns... / Stock-Markets / Stock Markets 2016
SPX rallied to the Broadening trendline, then began impulsing down. The wackiness may be over and the puzzle appears solved. This may actually be a point 7 (an extra zigzag) within what is normally referred to as a five point reversal. All moves within the Broadening formation are corrective, which makes the outcome confusing and uncertain…until it is over.
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Thursday, February 04, 2016
South Africa Economy from Hero to Zero / Economics / Africa
On 19 November 2015, the South African Reserve Bank’s Monetary Policy Committee (MPC) decided to hike interest rates by 25-basis points from 6% to 6.25%. The forecast for the next interest-rate meeting on 28 January 2016 was 25-basis points, for an overall interest rate of 6.5%. The SARB surprised everyone when it hiked interest rates by 0.5% to the prevailing interest rate of 6.75%. This bold initiative is one of the more drastic steps that can be taken by the authorities when currencies are depreciating rapidly. This is a way to arrest further declines in the value of the ZAR on the international stage.
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Thursday, February 04, 2016
Another Corporate Giant Is Leaving the U.S. – What This Means for You / Companies / Corporate News
By Nick Giambruno
Try getting in shape for a marathon on an all-McDonald’s diet...
You wouldn’t be surprised to come in dead last. After all, you didn’t put in much effort. Actually, you went out of your way to make yourself less competitive. So you would expect to lose.
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Thursday, February 04, 2016
Currency Wars and a Job Gain Recession? / Economics / Currency War
I am entertaining the notion of a "Job Gain Recession".
A chart of year-over-year nonfarm employment shows that's nearly what happened in the 1970 and 1980 recessions.
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Thursday, February 04, 2016
Gold Prices Rise To 3 Month High As Investors Sell Risky Assets / Commodities / Gold and Silver 2016
Gold prices have continued to eke out further gains today. The very poor ISM data yesterday saw the dollar fall against all major currencies and particularly gold.
Bullion is seeing safe haven flows and gains due to increased concerns about the economic outlook. The narrative that the US economy is in recovery is coming into doubt. The weaker than expected ISM data showed a sharp slowdown in the services sector in the U.S. in January.
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Thursday, February 04, 2016
TPP is Economic Warfare, Trade Can Make Everyone Worse Off / Governments are Stupid / Economics / Economic Theory
Professor Yoram Baumun’s comedic retake of the Principles of Economics appropriately translates “Trade can make everyone better off” to “Trade can make everyone worse off.” Moreover, he translates “Market are usually a good way to organize economic activity” to “Governments are Stupid”.
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Thursday, February 04, 2016
Gold and Stock Markets Inflection Points Galore / Commodities / Gold and Silver Stocks 2016
There is alot of action going on this week in all the different areas of the markets. The PM complex has been rallying, the US dollar tanking today and the stock markets trying to make up their mind which way they want to go in the short term. I have a ton of work to do on the side bar where all the trades are listed so I'm going to show you what I would like to see happen in regards to the HUI, gold and silver.
If the PM complex is bottoming in here it has to show us its hand. There is no way around it. Usually when a bottom or top is formed the first move out of the reversal pattern, after a possible backtest, should be very strong or impulsive in nature. The bigger and stronger the move is the better. Below is a weekly chart for the HUI with few annotations on it so you can see the clean picture. Most of the time you will either see some type of H&S reversal pattern or double top or bottom reversal pattern.
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Thursday, February 04, 2016
Putin Cries Dyadya (Uncle), Is Saudi Arabia Listening? / Commodities / Russia
In recent days, signs of a possible breakthrough in the year-long stand-off between Russia and Saudi Arabia on crude production strategy have emerged. Saudi Arabia, OPEC's dominant member, has long insisted OPEC (read Saudi Arabia) would not reduce output to balance supply and demand absent corresponding cuts from non-OPEC members (read Russia), while Russia has consistently insisted harsh climactic conditions prevent Russian producers from reducing output and in any case Russia insists it could withstand low prices as well as any other country.
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Thursday, February 04, 2016
Gold Price Golden Bottom? Video / Commodities / Gold and Silver 2016
In today's video I’m going to cover stocks, currencies, oil and gold. This would normally be the nightly report on the premium website, but I’m going to make it public so everyone can get a taste for what is included in the premium reports.
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Thursday, February 04, 2016
Look North for Value-Priced Growth in Healthcare Biotech Stocks / Companies / BioTech
Canada is a wellspring for natural resources and the industries built around them. But the country also encompasses healthcare-related businesses that are growing, generating cash flow and flourishing. Bruce Campbell of StoneCastle Investment Management has managed both U.S. and Canadian portfolios, and he knows both spheres. As a hedge fund and mutual fund manager concentrating on Canadian companies, he has made a specialty in acquisitions of cash-generating healthcare companies. In this interview with The Life Sciences Report, Campbell discusses seven small-cap growth names, all of which have reached share-price levels that do not reflect their capacity to grow. Some may offer rare opportunities to buy at risk-mitigated value prices.
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