Monday, January 09, 2017
Pope Francis Now a International Monetary Guru / Politics / Religion
By: Antonius_Aquinas
Neo-Marxist Pope Francis
As the new year dawns, it seems the current occupant of St. Peter’s Chair will take on a new function which is outside the purview of the office that the Divine Founder of his institution had clearly mandated. Besides being a self proclaimed expert on global warming and a vociferous advocate of societal-wrecking mass immigration, it looks as if “Pope” Francis has entered the realm of global economics specifically, international monetary policy.
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Monday, January 09, 2017
Markets 2016 Past is 2017 Prologue / Stock-Markets / Financial Markets 2017
By: GoldCore
With us being just over a week into the New Year, we feel it worthwhile to look back just one last time at 2016. We believe that many of the themes and risks of 2016 continue in 2017 and that they are likely to impact markets in the coming months – especially the precious metal markets.
We always enjoy new perspectives and every year we enjoy the witty, comprehensive and insightful analysis review of the year past by David Collum. His‘2016 Year In Review’ is in the same vein and was missed by many when it was released over the Christmas period.
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Monday, January 09, 2017
Four Major Trends to Expect from the U.S. Housing Market in 2017 / Housing-Market / US Housing
By: Nicholas_Kitonyi
2017 is already off to an interesting start in the global real estate market and the forces of demand and supply are building up momentum that will determine the pace of the markets this year. In the UK, home prices ended up 7.2% in 2016 in contrast to the prevailing fears that the UK housing market will suffer a post-Brexit crash after London recorded weakness in house prices. Now, many housing market analysts think that the UK housing market has survived the worst ; hence, they believe that 2017 could be a bullish year in the real estate markets.
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Monday, January 09, 2017
Stock Market Major Indexes Reached New Record Highs - But Will They Continue Higher? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P 500 index).
Our intraday outlook remains bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Monday, January 09, 2017
UK Mortgage Trends Treasury Report – Largest fall in BTL products since 2009 / Housing-Market / Buy to Let
By: MoneyFacts
Moneyfacts UK Mortgage Trends Treasury Report data, not yet published, highlights a significant drop in the number of buy-to-let (BTL) mortgage products, with 74 deals having been withdrawn from the market in just one month.
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Monday, January 09, 2017
Agri-Stocks and Agri-Food Prices: Both Strong / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
When has food been more valuable than technology? Aside from all of history, that was especially true in 2016. Chart below is our Investment Scoreboard for 2016. In it are portrayed the returns for a variety of important market measures. Gold stocks, Silver, oil, and Agri-Equities clearly owned the year. Agri-Equities, number four in chart, substantially outperformed most of the equity markets. In 2016 food was clearly more valuable than those tired, old, over owned technology and internet stocks as indicated by the NASDAQ 100 being far down in the list.
Monday, January 09, 2017
Will Obama's 'Good War' in Afghanistan Continue? / Politics / Afghanistan
By: Dr_Ron_Paul
Last week, as the mainstream media continued to obsess over the CIA's evidence-free claim that the Russians hacked the presidential election, President Obama quietly sent 300 US Marines back into Afghanistan's Helmand Province. This is the first time in three years that the US military has been sent into that conflict zone, and it represents a final failure of Obama's Afghanistan policy. The outgoing president promised that by the end of his second term, the US military would only be present in small numbers and only on embassy duty. But more than 8,000 US troops will remain in Afghanistan as he leaves office.
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Monday, January 09, 2017
Gold Stocks Leading but Approaching Trump Resistance Levels / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
Although we expected a rally in the gold mining sector, we have been surprised by its strength and recent buying pressure. From the lowest ticks, Gold has rallied less than 6% but GDX has gained 25% and GDXJ has soared 36%. This rebound adds to the evidence that the gold stocks are leading the metal. That being said, the gold stocks are approaching some strong resistance levels which coincide with Trump's election victory.
Monday, January 09, 2017
The Two Hottest Commodities For Investors In 2017 / Commodities / Gold and Silver Stocks 2017
By: OilPrice_Com
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Monday, January 09, 2017
Gold Price US$700? OR US$7000? / Commodities / Gold and Silver 2017
By: Kelsey_Williams
Does either of the above preclude the other? In other words, if we expect gold to reach $7000 per ounce, and we are correct, does that mean that we can’t reasonably expect gold to go as low as $700 per ounce? Conversely, if we are predicting or expecting gold to continue its current decline, and even breach $1000 per ounce on the downside, can $7000 per ounce, or anything even remotely close to that number, be a reasonable possibility?
Monday, January 09, 2017
Stock Market Tad More Distribution Needed / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: If the market strength persists, the long-term trend may need to be re-evaluated.
SPX Intermediate trend: SPX intermediate P&F count to 2300 is still possible before a reversal occurs.
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 discuss longer market trends.
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Monday, January 09, 2017
PM Theresa May Fears Donald Trump Will Grab Her by the P#ssy When they Meet / Politics / UK Politics
By: Nadeem_Walayat
In a candid interview with Sky news British Prime Minister Theresa May in addition to covering the usual hot topics of BrExit and the NHS, was asked by Sophy Ridge on her thoughts about meeting Donald Trump given that it is on the record that he likes to grab women by the P#ssy.
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Sunday, January 08, 2017
Will Donald Trump Defy Expectations and Be a Peace President? / Politics / US Politics
By: Stephen_Lendman
It’s hardly likely given America’s rage for endless wars, gorging on them. Neocons infesting Washington demand them.
Enemies are invented to accommodate them. War profiteers depend on them. The indifferent public does nothing to demand they stop.
Yet what US leader in memory said getting along with Russia “is a good thing, not a bad thing. Only ‘stupid’ people, or fools, would think that it is bad!” If Trump follows through on this rhetoric, imagine the possibilities for change.
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Sunday, January 08, 2017
The Trump Stock Market Bubble / Stock-Markets / Stock Markets 2016
By: Mike_Whitney
Donald Trump has a plan for dealing with the stock market bubble. Make it bigger.
Before the election candidate Trump blasted Federal Reserve chairman Janet Yellen for keeping interest rates too low for too long to keep the economy humming along while Obama was still in office. The president elect accused Yellen of being politically motivated suggesting that the Fed’s policies had put the country at risk of another stock market Crash like 2008.
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Sunday, January 08, 2017
In a Lawless World, Rules STILL Matter / Economics / Economic Theory
By: Andy_Sutton
While economics is a science and should be treated as such, economic forecasting is both a science and an art at the same time. However, anyone can forecast. Just like anyone can forecast the weather. To do so accurately and furthermore to do so frequently is a true talent. We think of it along the lines of the ability to hit a major league fastball; a gift granted to maybe 1 in 500 or a thousand babies each year. Then add to that the ability to hit a major league fastball for an average of .300 over an entire career and we’re talking a few babies in an entire generation.
Sunday, January 08, 2017
The Trump Reset War With China: 2. The Putin Doctrine / Politics / US Politics
By: Nadeem_Walayat
Trump's US election win amounts to a pressing of the RESET button on that which has passed for at least the past 40 years. Which demands a reappraisal of virtually everything to ascertain not just the impact of Trump but the trend reversal / rebellion underway amongst Western populations against the ruling elites that will impact on the mega-trend drivers of financial market trends for many years if not decades to come.
Sunday, January 08, 2017
Obama Has 14 Days To Start World War III / Politics / WW3
By: Jeff_Berwick
Barack O’Bomber was nominated for the Nobel Peace Prize before he even became President. And he hasn’t had one day of peace in his eight years.
And, he now has 14 days left and appears to be trying to foment World War III with his remaining opportunity.
Long ago O’Bomber accepted the Nobel Peace Prize, but didn’t do anything to either justify or deserve it. More recently he’s actually done a lot to repudiate it.
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Sunday, January 08, 2017
China Potentially Threatens a Near Term Us Treasury Bond Market Short Squeeze! / Interest-Rates / US Bonds
By: Gordon_T_Long
Problems in China are looming on top of an already very tenuous and misunderstood situation in the US Financial Markets. Additionally, Federal Reserve Policy has made the situation even more combustible!
As a result of a Trump Victory inspired bond market massacre there are now few places that a yield starved world can presently find better risk-adjusted yields than in US Treasuries. With China now being forced to sell their FX Reserves and thereby creating the much needed supply so eagerly craved by foreign investors, it is also further depleting an already restricted EuroDollar pool required to buy this supply. There are consequences of this combination of shifting global parameters.
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Sunday, January 08, 2017
Government Bail-ins, Asset Confiscations and the Gold Sword of Self Defense / Stock-Markets / Financial Markets 2017
By: Stewart_Dougherty
[Preface: In Part 1 of our report, “Goldman to Trump: Situation Assessment, Government Bail-ins and the Precious Metals Threat,” we inferred what Goldman Sachs’s second in command Gary Cohn might have said to President-elect Trump during their meeting on November 29, 2016. Cohn met again with Mr. Trump on December 2, 2016, and this time, we have inferred that he was accompanied by a second person. Here is Part 2 of our intuited, fictional report.]
Mr. Cohn: It is a pleasure to see you once again, Mr. Trump. I have been pre-empted. I was asked by important friends of our firm to introduce to you their envoy, Dr. Hugo Ehrlich. I can vouch for the fact that he represents extraordinarily powerful people with whom you will be working closely going forward. Let me turn it over to Dr. Ehrlich so he can explain.”
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Sunday, January 08, 2017
Soft Commodities and the SPX Stocks Bull Market / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The week started on Tuesday at SPX 2239. The market gapped up to start the week, hit SPX 2264, sold off to 2245, then gapped up on Wednesday to hit 2273. Thursday the market pulled back to SPX 2260. Then on Friday the SPX made all-time new highs at 2282. For the week the SPX/DOW gained 1.45%, and the NDX/NAZ gained 2.95%. Economic reports for the week were slightly positive. On the downtick: the ADP, monthly payrolls, unemployment, factory orders, plus the trade deficit increased. On the uptick: construction spending, ISM manufacturing, auto sales, the WLEI, the Q4 GDP estimate, plus weekly jobless claims declined. Next week’s reports will be highlighted by retail sales, business/wholesale inventories and consumer credit.