Tuesday, July 12, 2016

Here’s How Much Europe Depends on the UK / Politics / BrExit

By: John_Mauldin

Euroskeptiscism is on the rise in Europe. Countries like Poland and Hungary have actively sought to limit the EU’s influence and ignore its rules—most recently with regard to refugee policies.

Even the most Euroskeptic governments, however, campaigned against Brexit. While European nations may want to limit the EU’s role and influence at home, both economic and security interests led them to support the UK’s membership in the EU (read our free special report on Brexit implications).

Tuesday, July 12, 2016

Brexit Doesn’t Change the Sad Reality of Europe / Politics / European Union

By: John_Mauldin

Europe was already in a shambles before the Brexit vote (read Mauldin Economics’ special report on Brexit implications). The UK’s decision may have made a bad situation more volatile. Europe, however, would still be a mess if “Remain” had won.

• If Remain had won, refugees from Africa and the Middle East, many with the UK as their destination, would still be struggling across the Mediterranean or taking land routes into Eastern Europe. The EU would still be desperately trying to stem the tide and to accommodate those whom it can’t stop.

Monday, July 11, 2016

Theresa 'Cersei' May Wins Tory Game of Thrones to Seize Conservative 'Iron Throne' / Politics / BrExit

By: Nadeem_Walayat

Home Secretary and master tactician Theresa 'Cersei' May surprised all by succeeding in seizing the Tory 'Iron Throne' some 2 months ahead of schedule, putting David 'Lannister' Cameron on 48 hours notice to quit No 10 Downing Street. The seeds for today's victory were sown a week ago ago as BBC newsnight revealed emerging details of a plan hatched to kill off Andrea Leadsom's building campaign before it gained further momentum.

Monday, July 11, 2016

Gold - Wonderland / Commodities / Gold and Silver 2016

By: Gary_Tanashian

“If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn’t. And contrary wise, what is, it wouldn’t be. And what it wouldn’t be, it would. You see?” –Alice in Wonderland

Silver out performs gold as both rise with Treasury bonds, which are in turn rising with stocks, as Junk bonds hit new recovery highs while USD remains firm as inflation expectations are out of the picture. This is highly atypical, maybe even unprecedented.

Monday, July 11, 2016

Gold And Silver – Be Afraid, At The Very Least Be Wary / Commodities / Gold and Silver 2016

By: Michael_Noonan

BREXIT opened a Pandora's Box for the EU. Will the globalists shut it closed and then reseal it for generations to come? Something may be rotten in the state of Denmark, but the stench emitting from Brussels has been overpowering Europe. People in the Western world are being manipulated each and every day by the elite's mainstream press with everything that can be construed as potentially negative that stems from BREXIT as a scapegoat.

The world is drowning in debt created by the central bankers and force-fed to states like a goose being fattened for foie gras. Always, always follow the money. Almost everything wrong in the world today can be traced to debt, debt that has been foisted upon states and people by bankers for the sole purpose of enriching only the shadow globalists. At the end of the day, the tab gets passed onto everyone else to pay. That is the sole purpose of the bail-outs and bail-ins. Nothing else, not even you, matters to the elites.

Monday, July 11, 2016

SPX testing the Cycle Top Resistance / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

The SPX Premarket is challenging the 2-hour Cycle Top at 2136.81 this morning. Indications are, we may see a probe higher at the open. Although it did not go above the 2134.72 high of May 20, 2015 on Friday, it may do so this morning.

Does that hurt the bearish case? Probably not. You will note that May 19 was exactly 8.6 years (3141.6 days) from the October 11, 2007 high. The time has arrived fro a change of trend. However, I believe that the central banks have been pushing against that change of trend. Thus we have the Orthodox Broadening Top. A move above the upper trendline, called a throw-over, does not invalidate the formation.

Monday, July 11, 2016

What US Economic Recovery; 62% of Americans Don't Even Have $1000 in Savings / Economics / US Economy

By: Sol_Palha

"He who is plenteously provided for from within, needs but little from without." ~ Johann Wolfgang Von Goethe

A key sign of financial health is savings; if one does not have a decent amount of money tucked away for a rainy day, it is a sign that all is not well. Americans have a very hard time sticking to a budget and saving, compared to their Asian counterparts. This is reflected in the startling revelation that over 62% of Americans do not even have $1000 in their savings account. Foreigners are shocked when they find out that Americans have so little money saved for a rainy day.

Monday, July 11, 2016

ECB and BOJ Now Trapped in Endless Counterfeiting / Interest-Rates / Quantitative Easing

By: Michael_Pento

The Fed was able to end its massive $3.7 trillion series of Quantitative Easing campaigns without the stock market and economy falling apart. The end of QE 3, in October of 2014, did cause temporary turmoil in the major averages; but all in all, it did not lead to a protracted market decline, nor did it immediately send the economy into a recession.

The consensus view then became that the Fed’s strategy of unprecedented interest rate and monetary manipulations was a huge success, and it would be able to slowly raise the Fed Funds rate with impunity.

Monday, July 11, 2016

Fool's Errand: NATO Pledges Four More Years of War in Afghanistan / Politics / Afghanistan

By: Dr_Ron_Paul

The longest war in US history just got even longer. As NATO wrapped up its 2016 Warsaw Summit, the organization agreed to continue funding Afghan security forces through the year 2020. Of course with all that funding comes US and NATO troops, and thousands of contractors, trainers, and more.

President Obama said last week that the US must keep 3,000 more troops than planned in Afghanistan. The real reason is obvious: the mission has failed and Washington cannot bear to admit it. But Obama didn't put it that way. He said:

Monday, July 11, 2016

UK Savings Market Review / Personal_Finance / Savings Accounts

By: MoneyFacts

As far as the savings market was concerned, the first half of 2016 was a total wipe-out. In fact, research from Moneyfacts.co.uk shows that, since the start of the year, savers have witnessed a vast number of rate cuts, which have caused rates to plummet to new lows. For example, the average five-year fixed rate has fallen by a whopping 0.63% since January this year.

Monday, July 11, 2016

Repeat Of 70s Pattern Shows That Silver $675 Price Is Realistic / Commodities / Gold and Silver 2016

By: Hubert_Moolman

In  my previous silver article, I highlighted a very bullish pattern/fractal on the 100-year silver chart. It was a very big picture view of silver, which is really difficult to perceive within our current reality. However, at some point in time, it will catch up with our current reality. This will likely happen when the monetary system collapses.

Silver, even more than gold, is the opposite of what is considered a monetary asset (debt, like a federal reserve note), today. This is mainly because silver has been completely demonetized, whereas gold is still a part of the current system (think central banks gold reserves). When the illusion of money (value) is exposed for what it is (worthless paper or digits), then people will demand real money (value) like silver and gold.

Monday, July 11, 2016

Stocks VIX & SP500 Comparison of 2008 Market Top / Stock-Markets / Stock Markets 2016

By: Chris_Vermeulen

Today I like to share my thoughts about the S&P 500 index, the volatility index, and what I believe will be the trigger/event which sends stock markets around the world to new multi-year lows.

While the charts shown here are very simple there is a lot of information behind the scenes that backup the analysis/predictions on the charts below.

Monday, July 11, 2016

Stock Market VIX Strategy, Maximum Profits $ / Stock-Markets / Stock Index Trading

By: Joseph_VanDerveer

Proshares UVXY 2x ETF
Everyone wants to find ways to maximize profits and minimize losses.  That's part of the game in trading the market.  I would consider this an extremely high risk/high reward trade. 

Monday, July 11, 2016

Silver COT update / Commodities / Gold and Silver 2016

By: Dan_Norcini

This one will be brief…

Let’s stat with the overall NET POSITIONS chart:

Monday, July 11, 2016

Stock Market Challenging the High / Stock-Markets / Stock Markets 2016

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend: The long-term trend is near its all-time high

SPX Intermediate trend: The uptrend from 1810 is now challenging the 2135 high.

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.

Sunday, July 10, 2016

Gold and US Dollar Trend Forecasts / Commodities / Gold and Silver 2016

By: Gary_Savage

While I’m expecting some kind of pullback at the $1390-$1400 level, I don’t think gold’s intermediate cycle will top until at least retracing the 50% Fibonacci level and probably back to $1550 by September. This will almost certainly be driven by an aggressive moved down in the US Dollar as it really starts to accelerate into the next 3 year cycle low due sometime net summer or fall.

Sunday, July 10, 2016

The Big Silver Long - What Gives? / Commodities / Gold and Silver 2016

By: Dr_Jeff_Lewis

As Chris Powell of GATA made famous: "Price action makes market commentary".

Control the price of anything and you get control of the story. The U.S. Commodities Future Exchange (COMEX), a subsidiary of the Chicago Mercantile Exchange (CME), is central to price discovery – and nothing else can compete.

Price action on the big silver ETF, SLV does not (yet!) factor into a price that begins and ends with a trading structure that is rigged to the tune of a few traders who dominate one side of the trade.

Sunday, July 10, 2016

Japanese Stock Market Nikkei and Yen Preparing to Reverse Trends / Stock-Markets / Japanese Stock Market

By: Tony_Caldaro

On Friday the Yen hit our long term target of par (100).

A declining C wave should begin shortly to resume its bear market.

Sunday, July 10, 2016

Silver Prices - The Rise and Fall of the Specs With No Clothes / Commodities / Gold and Silver 2016

By: Dr_Jeff_Lewis

The mainstream financial media, as well as some retail investors, have awakened to the surge in the price of silver, relative to just about everything else in 2016. 

And while this rally feels different, are we there yet? Or are we close to the point where COMEX doesn't matter as far as price discovery is concerned?

I realize the question always comes down to if not now, then when? But “how?” is a close second.

Sunday, July 10, 2016

2007 All Over Again, Part 5: Banking Crisis Imminent / Stock-Markets / Credit Crisis 2016

By: John_Rubino

Our good friend Michael Pollaro just sent a chart from the St. Louis Fed that shows the US drifting back into yet another banking crisis.