Wednesday, September 02, 2015
How to Make Sure the Government Can’t Freeze Your Bank Account / Personal_Finance / Current Accounts
By Justin Spittler
If you wake up tomorrow and your bank account is frozen… what will you do?
You probably remember when the financial crisis in Greece was dominating headlines a few weeks ago.
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Wednesday, September 02, 2015
Stock Market 38.2% Retracement / Stock-Markets / Stock Markets 2015
The institutional investor(s) have had their say. The SPX bounced to the 38.2% retracement at 1938.37. There is no change in signal. Best to remain short. Margin calls may already be kicking in with a vengeance today.
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Wednesday, September 02, 2015
Gold Coin Sales Surge 306% YoY In August, Silver Sales More Than Double / Commodities / Gold and Silver 2015
strong>DAILY PRICESToday’s Gold Prices: USD 1140.00, EUR 1010.73 and GBP 746.46 per ounce.
Yesterday’s Gold Prices: USD 1141.90, EUR 1012.23 and GBP 744.10 per ounce.
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Wednesday, September 02, 2015
Parents Send Your Finances Back to School / Personal_Finance / Current Accounts
As parents breathe a sigh of relief as the kids go back to school, now is the perfect time to take stock of your finances and teach yourself a few things about personal finance.
Charlotte Nelson, Finance Expert at Moneyfacts.co.uk, said:
“A well-deserved sit-down to sift through your income and expenditure will highlight any areas you need to tackle. Fixing your finances sooner rather than later will lift a massive weight off your shoulders and make things far more manageable.”
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Wednesday, September 02, 2015
Syrian Refugee Crisis - Is Germany More Islamic than Saudi Arabia? / Politics / Saudi Arabia
Whilst many european nations are positioning their storm troopers on their borders and ports to repel the swarm (David Cameron) or hordes as other politicians have referred to the mass migration underway, instead Germany has now taken the opposite position by opening its doors to this year settle as many as 800,000 mostly Syrian refugees out of a potential total of 1 million Syrian refugees expected to enter Europe this year which itself is out of a total Syrian refugee population of more than 4 million who today are mostly sat in refugee camps in Turkey, Jordan and Lebanon, most of whom seek to follow the now well trodden migration paths northwards.
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Wednesday, September 02, 2015
The Stock Market Shemitah Cycle / Stock-Markets / Stock Markets 2015
Meaning the last year of a seven-year cycle in the Jewish calendar, the end of the past several Shemitahs have brought immense financial hardships to the world. The 1987 crash on Wall St. happened during Shemitah. The bond market was massacred in 1994. The 9/11 terror attacks happened in 2001 and the global economic crisis occurred in 2008.
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Tuesday, September 01, 2015
Forget Decoupling - The Fed will NOT Raise Interest Rates this Year / Interest-Rates / US Interest Rates
USD under renewed pressure from a combination of renewed China data disappointment, weak US manufacturing ISM and lingering chatter of a September Fed hike. US stock futures began selling off 6 hours before the release of China's manufacturing PMI, which showed the first contraction in six months and the lowest figure in three years. The largely-weaker than expected manufacturing ISM (lowest in 27 months) was accompanied by broader weakness in all components.
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Tuesday, September 01, 2015
OPEC Divorce And Self-Destruction Thanks To Saudi Crude Oil Strategy? / Commodities / Crude Oil
"If you are the world's leading energy economy, you produce energy, that's what you do."
"A government can stay irrational longer than it can stay solvent."
"Even in the short term, you're dead, if you commit suicide."
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Tuesday, September 01, 2015
Weapons of Economic Destruction / Economics / Economic Theory
“Measurement theory shows that strong assumptions are required for certain statistics to provide meaningful information about reality. Measurement theory encourages people to think about the meaning of their data. It encourages critical assessment of the assumptions behind the analysis.
Tuesday, September 01, 2015
The Beginning Of A New Financial / Stock Market Cycle / Stock-Markets / Stock Markets 2015
Within the United States, the US Federal Government and The US Federal Reserve Bank interventions have failed. These manipulations, by the central bank, in order to maintain the current stock bubble, and the real estate bubble, are currently reflecting the acts of failed monetary and fiscal policies, as we are presently experiencing.
The reality is that the US economy has already been in contraction for many years now.
The government intervention is failing in Europe, Japan, and now apparently also in China. Government interventions globally are currently becoming more vulnerable The US, Europe, Japan, and China have all been experiencing failures. We are currently witnessing the results of total failures, right under our noses. I believe, we are closer to that point of the Global Financial Meltdown than anyone else may realize. This collapse in China is a major shock, which has triggered a major market sell off within the US markets.
Tuesday, September 01, 2015
Silver Price Set To Start 70s Style Rally? / Commodities / Gold and Silver 2015
In terms of gold, silver is currently better value than at the beginning of the bull market in 2001. In November of 2001, when silver bottomed, the Gold/Silver ratio was about 66 compared to 78 today. In other words, gold has actually outperformed silver since the beginning of this precious metals bull market.
It is actually the historical norm for gold to outperform silver for most part of a bull market, except for the very last part. For example, this happened in the 70s, when gold was up on silver from the beginning of the bull market (let's say about 1971) until almost the very end (about October 1979). So, during an almost ten-year bull market, silver only overtook gold about three months before the end.
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Tuesday, September 01, 2015
Is Crude Oil Price Bouncing Into Recovery? / Commodities / Crude Oil
The global economy has $57 trillion more debt now than it did at the last bubble peak in 2008. The energy sector alone has $248 billion in junk bond debt – some of the riskiest debt there is!Entire industries have been built upon this credit-fueled bubble, driven by the easy-money policies of central banks around the world.
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Tuesday, September 01, 2015
What Is The Future For The U.S. Dollar? / Currencies / US Dollar
China, the biggest foreign creditor of the United States, owns a truckload of our government bonds. Over the past several weeks, it’s been selling some of those bonds to prop up their currency, the yuan. This is supposed to signal the end of the dollar. As the Chinese put our bonds out for the bid, interest rates are going to shoot higher, driving down the value of the greenback and making imports unaffordable. At least, that’s what dollar haters have expected for years.Read full article... Read full article...
Tuesday, September 01, 2015
Gold Price Up 3.5% In August, Stocks Fall 6% to 12% / Commodities / Gold and Silver 2015
DAILY PRICES
Today’s Gold Prices: USD 1141.90, EUR 1012.23 and GBP 744.10 per ounce.
Yesterday’s Gold Prices: Bank Holiday in UK
Friday’s Gold Prices: USD 1,125.50, EUR 998.23 and GBP 730.99 per ounce.
(LBMA AM)
Tuesday, September 01, 2015
Three Things Every Master Trader Knows About Trading Options / InvestorEducation / Options & Warrants
I don’t want that happen to you.
While I expect this increased volatility to continue as we head into September and October, things seem to have settled down for the moment, and the markets have, for the time being, resumed their upward march.
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Tuesday, September 01, 2015
Chinese Yuan Revolution? / Currencies / China Currency Yuan
Once you think of China as a teenager in her "awkward stage," it may become easier to understand the unfolding dynamics. When it comes to foreign exchange, China's latest move may be best explained by her desire to play with the grown-ups. This may have implications that go far beyond the U.S. dollar and China’s Yuan ("CNY" or also the Renminbi or "RMB").
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Tuesday, September 01, 2015
Take Advantage of Record-High Auto Sales… Before This Bubble Bursts / Companies / US Auto's
But there's a troubling flip side to that retail boost to the economy…
You see, relatively low borrowing costs and a sympathetic bond market have helped push total U.S. auto debt to $1.01 trillion – the highest level ever.
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Tuesday, September 01, 2015
Pondering Hitler's Legacy / Politics / WW2
By George Friedman: Happenstance has brought me today to a house on the Austria-Germany border, just south of Salzburg. That puts me about 3 miles from the German town of Berchtesgaden, on the German side of the border. Adolf Hitler's home, the Berghof, was just outside the town, on a mountain in the Bavarian Alps. To the extent that Hitler had a home, this was it, and it was the place where Hitler met with many notables, particularly before the war began.
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Tuesday, September 01, 2015
Mainstream Media Goes Berserk / Politics / Mainstream Media
The practice of objective journalism has been effectively banned from the body politik. The social culture is driven by the embodiment of an unceasing drumbeat of disinformation; spoon fed prevarications and carefully shaped distortions, projected by a mass media that is in the tank for protecting the ruling elite. The myth that the press is endowed with an inherent courage to confront the establishment has been laid bare for any honest observer to witness. However, the problem is that the bulk of the marginally functioning intellects that still accept the mind control of the corporate media, continue to linger on in their dream world of obeying the prevailing order.
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Tuesday, September 01, 2015
Last Week’s Top News Had Nothing to Do With the Stock Market / Economics / US Economy
Here’s the news: The U.S. Commerce Department sharply revised upward its second-quarter gross domestic product (GDP) estimate. The agency now says the value of all goods and services in the nation for the second quarter grew at a seasonally adjusted 3.7% – that’s 61% higher than its earlier forecast.
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