Thursday, August 25, 2016
Bond Guru Gary Shilling - The Bond Market Rally of a Lifetime / Interest-Rates / US Bonds
By: John_Mauldin
In 1981, as inflation and Treasury yields were screaming to new heights, my good friend Gary Shilling announced, “We’re entering the bond rally of a lifetime.” He was right. That bond rally is already 35 years old, and I think it will continue.
Gary also thinks the rally is still underway. He backs up that claim with a compelling case for Treasurys and for the “long bond” (the 30 year).
Gary recalls his famous public debate on stocks versus bonds with Professor Jeremy Siegel of Wharton, in 2006. This was just before the Great Recession kicked in and sent Treasury prices sky-high. Siegel remarked to the audience, “I don’t know why anyone in their right mind would tie up their money for 30 years for a 4.75% yield” (the then-yield on the 30-year Treasury).
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Thursday, August 25, 2016
Here’s the Real Reason Behind Closer Russia-Turkey Ties / Politics / Turkey
By: John_Mauldin
BY GEORGE FRIEDMAN : Russian President Vladimir Putin and Turkish President Recep Tayyip Erdoğan met on Tuesday. It is not clear what came of it, but it is clear what is at stake.
Russia is weakening. The state of the economy is now the main issue (read my extensive overview of Russia’s geopolitical situation) Ukraine remains at the center of its strategic concerns. Turkey is an emerging power. It is managing its internal crisis effectively, if brutally.
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Thursday, August 25, 2016
Protectionism in 21st Century Is More Dangerous Than Most People Think / Economics / Protectionism
By: John_Mauldin
A monster debate has been going on in economic circles on the reasons for Brexit/Trump/Sanders and the developed world’s rejection of the status quo.
There are many explanations, but it all goes back to my thesis that the benefits of globalization have been unevenly handed out. Those who have been on the short end of the distribution curve are pushing back.
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Thursday, August 25, 2016
A Zombie Financial System, Black Swans and a Gold Share Correction / Stock-Markets / Financial Crisis 2016
By: The_Gold_Report
Bob Moriarty of 321Gold says that since the crash of 2008, the financial system has become a zombie, and he urges investors to pay attention to when they take some money off the table.
Thursday, August 25, 2016
The World’s Monetary System Is Broken & Costing Overseas Business / Stock-Markets / Global Financial System
By: Chris_Vermeulen
Low and negative yields mean that no one has the confidence to invest in real capital projects. Investors would much rather lose money over a 10-year horizon than invest in building dams, repairing pipes, creating better grids, starting new businesses, etc. A new monetary order must replace the existing one, and as soon as possible. It will likely be one that China is determined to dominate this time around.
Thursday, August 25, 2016
OPEC’s Output Freeze: What Has Changed Since Doha? / Commodities / Crude Oil
By: OilPrice_Com
It’s possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it’s also possible that they are ramping up production to take the sting out of a freeze. This is a delicate balancing act that the Saudis need to play very carefully.
The official chatter is that the OPEC meeting in Algeria from September 26 to 28 could conclude with an agreement to freeze production by the member nations, with even Russia joining forces in a freeze that may prevent further oil price erosion. But everyone’s a bit gun-shy after the false hopes of the last round in Doha—even if a freeze at levels that existed then wouldn’t have meant much either—and it’s hard to blame them. The question is, how many times can the Saudis cry wolf without forever losing the ability to leverage this chatter to affect a rise in oil prices?
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Wednesday, August 24, 2016
Stock Market Sloppy Pullback Day, but Still a Positive Close / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had an up day, but they closed near the low end of the range, and the S&P 500 closed at the low for the day. It was such a strong gap up in the morning that it ended profitable on the session, but wasn’t a good close.
The day started out with a big gap up, they ran up to test the old, 52-week highs and all-time highs on both the S&P 500 and Nasdaq 100, but fell short of both, and sold off until midday when they bounced. They were unable to do anything, and sold off again, finishing near the lows for the day, but, still, it was an up day.
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Wednesday, August 24, 2016
Proof Positive the Economic Recovery Is a Myth / Economics / Economic Theory
By: Graham_Summers
For years, I’ve been warning that all claims of economic “recovery” in the US are complete fiction.
We now have definitive proof in the form of tax receipts.
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Wednesday, August 24, 2016
Are Central Banks Secretly Preparing For Another Financial Crisis? / Stock-Markets / Financial Crisis 2016
By: Graham_Summers
A major crisis warning signal just hit.
It concerns “behind the scenes” liquidity for Central banks.
Here’s how it works.
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Wednesday, August 24, 2016
Crude and the Commodity Cycle / Commodities / Crude Oil
By: Tony_Caldaro
Over the years we have written many times about the 34-year commodity cycle. Generally commodities rise as a group in a 13-year bull market, which is followed by a 21-year bear market. Each specific commodity has its own particular cycle which generally fits within the broader 34-year commodity cycle.
Wednesday, August 24, 2016
Merkel Prepares For a Deliberate Crisis While White House Plans For a Disastrous Succession / Politics / War on Terror
By: Jeff_Berwick
Europe is convulsed by Islamic immigration, Brexit and a brutal economic state-of-affairs that are making it difficult for the average European citizen to live anything like a normal life or plan for the future.
Germany is one place where this sort of fear is being aimed at the population on a daily basis. Angela Merkel’s government has just urged Germans to stockpile enough food and water for ten and five days, respectively “in case of an attack or catastrophe.” Germany is also mulling a return to a military draft.
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Wednesday, August 24, 2016
3 reasons as to why oil stocks are smart investments / Companies / Oil Companies
By: Submissions
Alexander Bowring writes: It is true that oil stocks have taken a massive nosedive. In fact, the crash that caused the downturn was so seismic that it obliterated more than $1 trillion from portfolios since late 2014. You wouldn’t be wrong to be hesitant about placing your money, and your trust, in oil stocks because of this. You shouldn’t let this keep you from oil stocks though; this article explains the three reasons why they make for smart investments.
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Wednesday, August 24, 2016
Precious Metals and Financial Blasphemy, Part 2 / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
Fiat money does not have any intrinsic value. What value it has depends on public confidence in the currency's issuer. Legal tender is any currency declared legal by a government. Many governments issue a fiat currency and then make it legal tender by setting it as the standard for repaying debt. – “Investopedia”
Hedging against a currency collapse is one of the primary reasons to hold precious metals is physical form.
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Tuesday, August 23, 2016
Suspicious Reversal in Gold Price / Commodities / Gold and Silver 2016
By: P_Radomski_CFA
Gold moved lower early during yesterday's session, but came back up later on and finally gold ended the session only less than $3 lower. Can we view such a reversal as a bullish sign? Not necessarily – a reversal should be confirmed by high volume and yesterday's session wasn't. Consequently, one needs to look at other parts of the precious metals sector for confirmations.
Tuesday, August 23, 2016
Why is This Hated Stock Market so Resilient? / Stock-Markets / Stock Markets 2016
By: Sol_Palha
Do not let yourself be tainted with a barren skepticism.Louis Pasteur
The market has resisted all attempts to correct. We know why it is not crashing; this has to do with mass psychology, but what’s preventing it from letting out a significant dose of steam. The table below might hold the answer. We looked at all 30 components of the Dow monthly timelines utilising our indicators, and the results were quite surprising, to say the least. On the monthly charts, each bar represents one month’s worth of data so these are long-term charts, and they usually provide a much clearer picture of what the futures holds as opposed to the shorter term charts.
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Tuesday, August 23, 2016
Stock Market Top - Fasten your Seatbelts! / Stock-Markets / Stock Markets 2016
By: Ed_Carlson
Last week we asked the question 'Is the Dow headed into the final top at point 23 - or is it engaged in the typical 3-5 wave correction seen most of the time at this point in the pattern?' With last week's new high in the Dow it seems safe to assume that the 3-5 wave correction found between points 21 and 23 in every Three Peaks/Domed House pattern since 1901 (save 4 instances) has been skipped for a 5th time.
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Tuesday, August 23, 2016
If Trump Can’t Pull Off a Victory, Expect a Civil War / ElectionOracle / US Presidential Election 2016
By: Harry_Dent
Bernie Sanders may have conceded the democratic nomination to Hillary Clinton last month, but that doesn’t mean he’s going anywhere.Which I’ve been saying for months now. Win or lose, both Bernie Sanders and Donald Trump will have strong support groups for years to come. Especially when the economy turns south in the months and years ahead!
Days after endorsing Clinton, Sanders came out saying he’ll continue his “Revolution” with at least two new organizations. One called the “Sanders Institute” will push his political agenda… and another named “Our Revolution” will actually help put more progressive candidates into state and local office. He plans to endorse 100 candidates through the 2016 elections alone!
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Tuesday, August 23, 2016
Germans Warned To ‘Stockpile’ Food, Water and Cash In Case Of ‘War’ / Commodities / Gold and Silver 2016
By: GoldCore
The German government is warning its people to ‘stockpile’ food, water and cash in case of ‘war’.
For the first time since the end of the Cold War, the German government is set to tell citizens to stockpile food, water, medicine, fuel and cash in case of war, an attack, catastrophe or “national emergency”, the Frankfurter Allgemeine Sonntagszeitung newspaper reported on Sunday.
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Tuesday, August 23, 2016
First-time Home Buyer Deals Start to Dwindle / Housing-Market / UK Housing
By: MoneyFacts
With some predicting a fall in house prices following the EU referendum vote, many potential first-time buyers are poised to take advantage of the moment to get themselves on the first rung of the housing ladder. However they might be disappointed, with research from Moneyfacts.co.uk showing a number of 95% loan-to-value (LTV) products disappearing from the market.
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Tuesday, August 23, 2016
Ceding ICANN and Internet Control to Globalists / Politics / Internet
By: BATR
It does not take a great amount of brain power to comprehend that for the U.S. to surrender the final oversight of ICANN that the internet as it has functioned with relative acceptance of political emancipation is fundamentally at risk to end as we know it. In this campaign cycle of American First Nationalism vs. Internationalist Global Despotism, the stakes are most clear. Where is the public indignation and anger that a cornerstone of most people’s lives is about to be ceded with little or no outrage?