Tuesday, September 08, 2015
China Buys 16 Tons Gold In August – Dumps $94 Billion / Commodities / Gold and Silver 2015
By: GoldCore
Given the strong demand fundamentals, particularly out of China, gold should go higher but as ever there is a risk of selling in the futures market leading to weakness in the short term as traders follow momentum and ignore fundamentals.
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Tuesday, September 08, 2015
Silver and Deflation / Commodities / Gold and Silver 2015
By: Hubert_Moolman
How does silver perform during deflation? Which is better during a deflation – silver or gold? The answers will depend on quite a few things as well as what definition of deflation one uses.
If you look at monetary history, then you will find that we have moved from periods where mostly real or tangible assets like gold and silver acted as monetary claims on goods and services in the economy, to today where mostly credit or debt claims (fiat currencies like the US dollar) act as monetary claims on goods and services. Therefore, we have moved from a real asset-based monetary system to a debt-based monetary system.
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Tuesday, September 08, 2015
Dangerous is The Best Way to Explain The Banking Stocks Index Now ... / Companies / Banking Stocks
By: Hubert_Moolman
The ($BKX) Banking Index did hold at its rising channel's support line last week. However there is concern for later because the support line was breached for two days before the Banking Index found its way back into the range.
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Tuesday, September 08, 2015
The Default Next Move For Crude Oil Price Is Downwards, And Here's Why / Commodities / Crude Oil
By: OilPrice_Com
As traders, investors and pundits, we all like to think that what we do is akin to a science. We believe that by working harder and being smarter we can give ourselves an edge, that enough research will reveal to us the next move, either a long term trend or an intraday blip on a chart, and that we can profit from that knowledge. Usually, especially over longer time spans, we are correct in that assumption. Sometimes, however, no amount of fundamental or technical analysis will help.Read full article... Read full article...
Tuesday, September 08, 2015
Here's Your Insurance Against a $200 Trillion Debt Bubble Crash / Interest-Rates / Global Debt Crisis 2015
By: ...
MoneyMorning.com
Peter Krauth writes: The world is awash in debt, and it's simply unsustainable. As worldwide debt levels keep setting new records, there's no chance anyone will ever be paid back.
Even "vampire squid" Goldman Sachs Group Inc. (NYSE: GS), with its tentacles deep into bond markets, thinks so.
The world's central banks now have an insurmountable dilemma: Raising interest rates will just increase the repayment burden. Keeping them low will only inflate the debt bubbles all over.
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Tuesday, September 08, 2015
Europe's Best Real Estate Investments for 2016 / Housing-Market / European Housing
By: Boris_Dzhingarov
With the global stock markets currently in uncertain territory, many investors are once again turning toward bricks and mortar as a preferred place to put their money. The chaotic Chinese economy and ever-falling oil prices are two of the main factors making many other types of investment look particularly risky right now. However, the recovery in European property prices has been one of the major success stories of the aftermath of the global banking crisis, so savvy investors will be studying where to buy real estate in the coming year.
Tuesday, September 08, 2015
UK Best Current Accounts - The End of ‘Free’ Banking? / Personal_Finance / UK Banking
By: MoneyFacts
This month marks the two-year anniversary of the Current Account Switch Guarantee, and while many consumers have already taken advantage and switched providers, greater momentum could be caused by incoming changes to the retail banking market.
Last month the CMA reported that of the 17% of customers who start looking to switch their current account, a staggering 86% don’t go on to switch. It is also estimated that the annual rate of switching stands at just 3%, and worryingly, 25% of switchers move their account without researching the market first.* Meanwhile, frequent overdraft users were found to be the least likely group of consumers to move, due to the hurdles of securing an overdraft facility with their new bank and the complexities of comparing account charges (something that is increasing in importance as average authorised overdraft usage fees have crept up from £4.59 to £6.74 in just two years).
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Tuesday, September 08, 2015
EU Referendum - Assessing Britain's Ties to the Europe Union / ElectionOracle / EU_Referendum
By: STRATFOR
Mark Fleming-Williams writes: At some point in the next two years, British voters will decide whether to remain a part of the European Union. This will be the first time Britons have been consulted on the subject since 1975, when 67 percent voted to stay in. If it does decide to leave, the United Kingdom will become the first country to leave the European Union since it was created as the European Community in 1957. The repercussions would be felt not just in Britain, but also across the Continent and indeed across the world. To predict the eventual result of the vote, it is first important to understand the factors that have kept the United Kingdom in the union this long.
Tuesday, September 08, 2015
Syrian Refugee Crisis to Result in UK Council and Social Housing Waiting Lists Freeze Catastrophe / Politics / Immigration
By: Nadeem_Walayat
Whilst David Cameron plucks figures out the air such as for the relocation of 20,000 Syrian refugees over the next few years, the reality will probably be nearer 20 times that figure, 400,000 Syrian refugees as evidenced by David Cameron's other immigration promises to cut net immigration to the tens of thousands per year where instead each data release shows net migration soaring to a new record high, as evidenced by the most recent data of over 330,000 per year.
Tuesday, September 08, 2015
Can Big Cap Gold and Silver Stocks Go Any Lower ? / Commodities / Gold and Silver Stocks 2015
By: Rambus_Chartology
In this I’m going to take an indepth look at some the individual precious metals stocks so we can see where they’re at from a short to long term perspective. We’ll start by looking at some of the more important big cap PM stocks as the precious metals stock indexes can’t have a significant rally until this group is ready to run. Anything can happen in the very short term but the further you go out in time the less likely the big trend is going to change on a dime.
Monday, September 07, 2015
U.S. Real Wealth Weaker than GDP Stats Show / Economics / Economic Statistics
By: Frank_Shostak
US real gross domestic product (GDP) grew faster than initially thought in Q2. GDP expanded at a 3.7 percent annual rate instead of the 2.3 percent rate reported last month and 0.6 percent in Q1. Most experts, in response to this figure, are now arguing that the US economy is strengthening visibly.
This, coupled with a relatively stable price level, raises the likelihood that the economy is approaching the path of healthy economic growth with stable price inflation.
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Monday, September 07, 2015
The Stock Market Wants to Rally, Gold Bottoming / Stock-Markets / Stock Markets 2015
By: Brad_Gudgeon
The SPX futures are rallying during this Labor Day Holiday. The chart below pretty much explains what I'm looking for this week. On the sentiment point, we have excessive bearishness: large specs short volatility, while the small specs are long volatility and high P/C ratios... this is fairly bullish, at least in the short term.Read full article... Read full article...
Monday, September 07, 2015
If You Think That Was A Stock Market Crash…. / Stock-Markets / Stock Markets 2015
By: James_Quinn
Last week’s volatility to the downside was entirely predictable, as the first leg down during this ongoing market crash reached the correction stage of 11%. The technical bounce was a given, as the 30 year old HFT MBAs on Wall Street have been trained like rats to BTFD. In their lemming like minds, it has worked for the last six years of this Federal Reserve created “bull market”, so why wouldn’t it work now. Last week was their first lesson in why it doesn’t work during bear markets, and we’ve entered a bear market. John Hussman seems amused at the shallowness of the arguments by Wall Street shills and CNBC cheerleaders about the future of the stock market in his weekly letter. After this modest pullback from all-time highs, the S&P 500 is still overvalued by 92%:
Monday, September 07, 2015
Rising UK Mortgage Interest Rates - Wave Goodbye to Lowest Five-year Fixes / Housing-Market / Mortgages
By: MoneyFacts
Over the past year borrowers have been treated to record low mortgage rates; however, research from Moneyfacts.co.uk shows that the lowest five-year fixed mortgage rates may already be a thing of the past.
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Monday, September 07, 2015
4 Reasons Why the Fed Will Try Quantitative Easing - REDUX / Interest-Rates / Quantitative Easing
By: Dr_Jeff_Lewis
While we were led to believe that the Fed would begin tightening upon recovery, new fears of a double dip have sparked the Keynesian clan into moving in the opposite direction. Soon enough, we believe, a new quantitative easing program will be unveiled.Read full article... Read full article...
Monday, September 07, 2015
China FX Reserves and CNY Implications / Currencies / China Currency Yuan
By: Ashraf_Laidi
China FX reserves fell $94 bn to $3.56 tn in August, posting the biggest decline on record, tell us a little more than just China is slowing.
We already know that a key reason to the decline in reserves is China's selling of reserves, such as US treasuries, in order to support the CNY, preventing it from falling rapidly after last month's devaluation announcement.
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Monday, September 07, 2015
Bond Yields vs Stocks and The Fed / Stock-Markets / Financial Markets 2015
By: Ashraf_Laidi
The widely anticipated US August jobs report headlined with a disappointing 173k increase in nonfarm payrolls (lowest since March). The silver lining was in the 44k upward revision of the previous two months and the decline in the unemployment rate to fresh seven-year lows of 5.1% from 5.3%. The decline 41K decrease in the labour force was too small to reduce the participation rate, which remained unchanged at 62.6%.
Monday, September 07, 2015
More Stock Market Selling Ahead / Stock-Markets / Stock Markets 2015
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend - Bull Market?
Intermediate trend - SPX has started an intermediate correction (at least).
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Monday, September 07, 2015
Stock Market Bulls Set To Be Tasered Again - Imminent Crash, Severe Downleg... / Stock-Markets / Stock Markets 2015
By: Clive_Maund
The stockmarket is toxic! It's very important that you don't get seduced by the old siren song of Wall St about "buying the dip" and other nonsense like "being selective". While these strategies have worked up to now, they won't any longer, because we are now in a bearmarket, and furthermore it looks like we are on the verge of another plunge.
Monday, September 07, 2015
The Real Refugee Crisis And How To Solve It / Politics / Immigration
By: Dr_Ron_Paul
Last week Europe saw one of its worst crises in decades. Tens of thousands of migrants entered the European Union via Hungary, demanding passage to their hoped-for final destination, Germany.
While the media focuses on the human tragedy of so many people uprooted and traveling in dangerous circumstances, there is very little attention given to the events that led them to leave their countries. Certainly we all feel for the displaced people, especially the children, but let's not forget that this is a man-made crisis and it is a government-made crisis.
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