Wednesday, January 13, 2016

The Chinese Stock Market Crash / Stock-Markets / Chinese Stock Market

By: BATR

When the international financial press presents their standard explanation for the panic decline in the Chinese stock market, most want to tamp down the acute apprehension that the long awaited global depression is now at hand. Well, the International Business Times in their account on the China Stock Markets, makes a very insightful appraisal.

Tuesday, January 12, 2016

Feeling Abandoned, Saudi Arabia Ups the Ante / Politics / Saudi Arabia

By: John_Browne

Last week a major diplomatic crisis developed between Saudi Arabia and Iran over the Saudi execution of Nimr al Nimr, a charismatic Shiite cleric and anti-Sunni political activist. Nimr's execution was an important political decision. On its face, it served to increase tensions in the developing struggle between Saudi Arabia and Iran for regional influence, a drama that has come to full boil as a result of decades of American policy mistakes. This Middle Eastern cold war, which divides Islam along Sunni/Shia sectarian lines, now threatens international oil supplies and regional peace.

Tuesday, January 12, 2016

Peak Bull Crap - How Oil Futures Curve Have Little Predictive Value / Commodities / Crude Oil

By: EconMatters

The oil market is the hot market right now from a news generation standpoint. But there are a lot of people writing and even trading in the oil market that frankly don`t have any clue what they are talking about. I have read some real rubbish the last few months regarding the oil market, and with the recent fall in prices, the last few days have been characterized by peak bull crap. Maybe if anything else this is an indication of the bottoming process in oil. Sort of like all those do it yourself Gold Mining shows hitting the reality television scene pretty much nailing the near term top in the gold market.

Tuesday, January 12, 2016

British Pound: a Harbinger of Global Financial Mayhem - Video / Currencies / British Pound

By: Mario_Innecco

Transcript Excerpt: January 12 2016 Tuesday afternoon here in london 330 London time or 1030 New
York Times just a quick video on the british Pounds British Pound is part of
the SDR basket and I spoke earlier late last year when the Chinese you one was
admitted into the SDR basket that the pound took the brunt of the hey don't
exactly remember the percentage in percentage terms how much the British
Pound lost in terms of the SDR basket to put a link to that video below at the
time though I said it should be bad for the pound and lo and behold the pound
continues to drop by is getting precipitous at the moment in my opinion
you know all the talk is about emerging market currencies devaluing the you want
to value when but you hardly ever hear anything here in the UK the mainstream
that are British Pound is actually being stealthy and that can't be good for our

Tuesday, January 12, 2016

Stock Market Rally is Running Out of Time / Stock-Markets / Gold and Silver Stocks 2016

By: Anthony_Cherniawski

Odds are running high that the retracement rally may be over already. SPX appears to have completed a 23.6% retracement and may be ready to resume its decline. Note the reversal in the RSI at 50. This is another possible signal of a strong decline (Waves 3 or C).

Confirmation is not yet in. We must see the 2-hour chart show the SPX price level stay below 1927.65 and below the daily Cycle Bottom at 1926.30.

Tuesday, January 12, 2016

A Bottom in the Stock Market / Stock-Markets / Stock Markets 2016

By: Ed_Carlson

My December 15 commentary included a forecast for a high in equities near December 24. The eventual high which led to last week's big sell-off came two trading days late on December 29. In this week's commentary we turn our attention to forecasting a bottom to the current decline in equities.

Tuesday, January 12, 2016

Silver, Silliness, Gold, and Risk / Commodities / Gold and Silver 2016

By: DeviantInvestor

The movie “The Big Short” features Michael Burry.  His statement from Zerohedge:

“It seems the world is headed toward negative real interest rates on a global scale.  This is toxic.  Interest rates are used to price risk, and so in the current environment, the risk pricing mechanism is broken.”

Tuesday, January 12, 2016

Stock Market Retracement is Already Underway / Stock-Markets / Financial Markets 2016

By: Anthony_Cherniawski

Good Morning!

SPX Premarket is higher by 18 points at present. However, it had declined in the overnight futures to the cash equivalent of 2006.00, then rallied higher from there, fulfilling the requirement for Wave b and launching Wave c.

The current price at 2043.60 is only the Fibonacci 23.6% level. As mentioned yesterday, 1970.03 (at the same level as the 4.25-year trendline) is the 38.2% retracement level.

Tuesday, January 12, 2016

Sales Surge After U.S. Mint Quadruples Silver Eagles Allocation / Commodities / Gold and Silver 2016

By: GoldCore

American Eagle silver coin sales jumped on Monday after the U.S. Mint said it set the first weekly allocation of 2016 at 4 million ounces, roughly four times the amount rationed in the last five months of 2015, after a surge in demand.

Tuesday, January 12, 2016

Credit Cards Providers Fresh Battle for Balance Transfer Customers / Personal_Finance / Credit Cards & Scoring

By: MoneyFacts

The start of 2016 has initiated a fresh rate war between credit card providers, who have become embroiled in an intense battle to attract new customers.

Research from Moneyfacts.co.uk reveals that Bank of Scotland, Halifax, Lloyds Bank, TSB, Barclaycard and Tesco Bank have all scrambled to make changes to their balance transfer credit cards since the turn of the year by extending the interest-free terms or reducing the introductory balance transfer fee. Virgin Money also launched a 38-month 0% interest balance transfer deal (with a 2.79% fee) last week.

Tuesday, January 12, 2016

Stock Market Last Hour Rally Puts Indices Ahead / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices started the week off on a very negative note with a pop at the opening, an immediate 5-wave decline, and by mid-afternoon they reached their lows at 4220 Nasdaq 100 and 1901 S&P 500. A bounced ensued, followed by a pullback retest that was successful, and then an explosive market rally late in the session, taking the Nasdaq 100 from 4230 to 4300, 70 points straight up in less than 25 minutes, and the S&P 500 went from 1905 to 1930. They pulled back a little into the close, but finished positive on the session.

Tuesday, January 12, 2016

Betrayed By The Gold Silver Ratio ? Gold Bug heresy?  / Commodities / Gold and Silver 2016

By: Denali_Guide

“ET TU BRUTE ?” “Cuo Bono ?”

         “It's a long time from now to never....” Says 'John Snow' in Game of Thrones. In my opinion, probably as far as from here / now to “It must go back to....” uttered so much in  the worship of the Gold Silver Ratio (GSR).   And yet it doesn't, at least not until you suffer your stops being run and a loss of capital, or worse.  Your Capital was just betrayed at the hands of The GSR.

Tuesday, January 12, 2016

Your Guns Will be Consficated, Disarm Americans Ensure Full-blown Submission / Politics / US Politics

By: BATR

Ladies and Gentlemen; the Imperial Storm Troopers are ready to neutralize the threat from the American people against the Colonial Empire. Obama has declared war to the cheers of the progressive imbeciles, who are the most avid abettor of the Totalitarian Collectivist society. You may not get a visit from ATF, DHS or FBI any day soon, but you can be sure your society is being SWAT by the government domestic terrorists carrying out the wishes of a tyrannical regime. The political class and the underlings that implement their illegitimate dictates want to disarm the public out of fear the peasants may storm the castle. Guns and bullets are only instruments of protection. The crucial war on populist independence is waged against the minds, hearts and souls of thinking and fearless Americans.

Tuesday, January 12, 2016

Stocks Bull Market Hanging By A Thread..... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

The S&P 500 uptrend line from 2009 is hanging on by a thread. During the day it went far below only to take it back late but barely. 1925 the level, and with a close at 1923 that's a hold. You need a strong, powerful close below to get the market to fail fully. We are close, but no cigar yet. In time I do believe the market will lose this key level with force, but we may be too oversold short-term, although that is by no means a guarantee. Bear market stays oversold, but the levels of oversold here are unusual. Near zero stochastic's on many index charts. Some as low as 0.59 today.

Tuesday, January 12, 2016

The U.S. Wants to Seize Your Passport…Here’s What You Can Do About It / Politics / US Politics

By: Casey_Research

By Nick Giambruno

Alexander Solzhenitsyn was a talented Russian writer and outspoken critic of the Soviet Union’s totalitarianism. He helped raise global awareness of the Gulag forced labor camp system.

For his efforts, the Soviet government stripped him of his citizenship in 1974. It did the same - and worse - to many other people it considered internal enemies.

Tuesday, January 12, 2016

Stock Market Correction May be Underway... / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

I would be remiss if I didn’t report this observation, so here goes…

It appears that the decline from December 29 may have completed a five-wave impulsive decline in 56 hours (8 days). This matches the time that it took to decline from November 29 to December 14 and is 1.62 times the length of that decline.

Tuesday, January 12, 2016

Shipping Said to Have Ceased… Is the Worldwide Economy Grinding to a Halt? / Economics / Global Economy

By: Jeff_Berwick

Last week, I received news from a contact who is friends with one of the biggest billionaire shipping families in the world.  He told me they had no ships at sea right now, because operating them meant running at a loss.

This weekend, reports are circulating saying much the same thing: The North Atlantic has little or no cargo ships traveling in its waters. Instead, they are anchored. Unmoving. Empty.

Tuesday, January 12, 2016

Here is How You Fix the Oil Market / Commodities / Crude Oil

By: EconMatters

The Mining Industry Approach

Monday, January 11, 2016

Economic Recession, Could the Unthinkable Happen in 2016? / Economics / Recession 2016

By: Clif_Droke

The most important question investors should be asking at this point isn’t whether the secular bull market which began in 2009 is over, but whether continued equity market weakness in 2016 will lead to the unthinkable, namely an economic recession.  A recession in 2016 has been deemed virtually impossible by most mainstream economists, so much so that all discussion of this possibility has evaporated.  And while most U.S. economic data categories are still admittedly strong, the persistent weakness under the surface of the equity market over the last several months demands that the topic be reexamined.   

Monday, January 11, 2016

Junk Rhymes with Subprime / Interest-Rates / Corporate Bonds

By: Michael_Pento

On December 16th 2008, in what Ben Bernanke averred took a tremendous amount of "moral courage", the Federal Reserve officially arrived at its Zero Interest Rate Policy. ZIRP was a huge win for borrowers because it drove down the carrying cost of debt to historic lows. Unfortunately, savers didn't fare as well.