Saturday, April 09, 2016
Can Silver Keep Pace With Gold? / Commodities / Gold and Silver 2016
By Debbie Carlson | Contributor: Some investors like silver’s dual status as an alternative currency and industrial commodity.
Gold’s surprising strength in price is capturing headlines, but another precious metal, silver, is chasing gold’s coattails – without the fanfare.
Silver futures are up about 8.5 percent this year, making it stand out among other commodities and financial markets. Investors snapped up coins, with U.S. Mint data showing March silver coin sales were up 17 percent over the previous year’s figure. Inflows into silver-backed exchange-traded funds witnessed their highest monthly inflow since December 2010, according to Commerzbank.
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Saturday, April 09, 2016
Rickards Confirms Gold Shortages: China Wants Way More Than Can Be Obtained / Commodities / Gold and Silver 2016
Exclusive Interview with Jim Rickards on the Confused Fed, Gold Manipulation, and Negative Interest Rates
Dear Reader,
Hi, best-selling financial author and trusted government currency adviser Jim Rickards here.
If you haven’t heard, I’ve just released a new book called The New Case for Gold. The book warns of a few critical dangers that every American should begin preparing for right now.
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Saturday, April 09, 2016
Stock Market Resistance has Failed / Stock-Markets / Stock Markets 2016
SPX bounced to 2060.69, then impulsed back down through the trendline. It appears to have finished correcting that decline. This may be an excellent time to add short positions.
The fact that the Fed will Hold a Closed, Unexpected Meeting Under "Expedited Procedures" On Monday To Discuss Rates adds to the intrigue for what may happen on Monday.
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Friday, April 08, 2016
Hank Paulson "I don't think we'll see a President Trump" / ElectionOracle / US Presidential Election 2016
Former U.S. Treasury Secretary Henry Paulson joined "Bloomberg <GO>" this morning to discuss the Chinese economy, corporate taxes, and the 2016 Presidential race.
On China, Paulson said it is "an economy in transition and it's got some very serious challenges, short term, intermediate, and long." He added: "the solution to all of them, rebuilding confidence and dealing with the debt and new drivers of growth are speeding up the reforms, and the reforms that they need to put in place to really scale back the state owned enterprises, these oligopolies, put them on a level playing field and let the private sector do what they need to do. And it's a matter of political will."
Friday, April 08, 2016
Gold Stocks Breakout, Gold to Follow / Commodities / Gold and Silver 2016
Last week we concluded:
Read full article... Read full article...As long as the gold stocks continue to hold support for another week or two then the near term outlook is bullish. A bull flag is a consolidation pattern that separates two strong moves. It could be developing in the miners. There is logical reason to be cautious if not bearish at this point. The metals look okay at best while the miners remain somewhat overbought. However, the action in the miners, if it continues for another few weeks is telling us what could be ahead.
Friday, April 08, 2016
Bitcoin Price Volatility Deceptively Low / Currencies / Bitcoin
In short: short speculative positions, target at $153, stop-loss at $515.
A custom Bitcoin-based record-keeping system has been tested on credit default swaps (CDSs), we read on the Wall Street Journal website:
Read full article... Read full article...Banks including J.P. Morgan Chase & Co. and Citigroup Inc. have successfully tested the record-keeping technology behind bitcoin on credit-default swaps, a move that could help it gain a foothold in mainstream finance.
Friday, April 08, 2016
Crude Oil Price $85 Forecast By Christmas / Commodities / Crude Oil
After a 50 percent rally in oil prices between February and March, crude has retreated a bit as of late. The upcoming OPEC-Russia meeting in Doha looms over the markets, but few expect the outcome to have any material impact on supply and demand. Global supply still exceeds demand, but there are solid signs that the overhang is finally starting to ease. Storage levels are high, but are expected to come down.
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Friday, April 08, 2016
Gold Defies Stocks Bear Market Rally / Commodities / Gold and Silver 2016
Gold has spent much of the past couple months consolidating, vexing traders and bleeding away most of early 2016’s enthusiasm that catapulted the yellow metal higher. But this sideways grind has actually been a very impressive show of strength. Gold managed to hold its massive gains despite an incredible stock-market rally, which can really sap gold investment demand. This portends another major gold upleg.
Gold’s performance this year has been nothing short of remarkable. This unique portfolio-diversifying asset that tends to move counter to stock markets was universally loathed as recently as December. It actually fell to a 6.1-year secular low the day after the Fed’s first rate hike in 9.5 years. The vast majority of investors scoffed at gold, believing it was doomed to spiral lower indefinitely with the Fed tightening.
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Friday, April 08, 2016
Oor 'Lawnmower' Economy - Financiers Skim Profits While Main Street Stagnates / Economics / US Economy
Charles Hugh Smith and Gordon T Long share their thinking on why the middle class in America has been experiencing a steady decline in their real standard of living over the last four decades and why the decline has recently accelerated. Their is a fundamental reason why productivity is falling while corporate profits soar and the employment participation rates falls.
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Friday, April 08, 2016
Making the Most of Your Personal Freedom and Financial Opportunity Around the World / Personal_Finance / Investing 2016
(Editor’s Note: This is Doug Casey’s foreword to Casey Research’s Handbook for Surviving the Coming Financial Crisis.)
Right now, we are exiting the eye of the giant financial hurricane that we entered in 2007, and we’re going into its trailing edge.
It’s going to be much more severe, different, and longer lasting than what we saw in 2008 and 2009.
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Friday, April 08, 2016
Gold Sector: Macrocosm Updated / Commodities / Gold and Silver 2016
We do in depth analysis on a weekly basis (and every day in-week) because there is no substitute for working to be right with the market's evolving situation as opposed to making bias or ego stoked calls in hopes of being right.
The current situation has seen some calling 'bullish' on the stock market despite a still intact bear trend (noted repeatedly in NFTRH ), people going bullish on commodities despite their "bounce only" (also noted repeatedly) status in the absence of real, market-based inflation signals (which I do think are coming soon) and global markets bouncing within bear trends of varying degrees.
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Friday, April 08, 2016
Do ETFs' Flows Drive the Gold Price? / Commodities / Gold and Silver 2016
What are ETFs? The ETFs, or Exchange-Traded Funds, are funds that track indices, commodities or securities. The ETF shares are securities that closely resemble the yield and return of its native index, but - unlike mutual funds units - can be traded just like common stocks. The gold ETFs are a special type of ETFs that track the price of gold. The ETFs are backed by physical bullion (or gold derivative contracts), but investors do not own any gold and they cannot even redeem their shares in gold (only authorized participants can do that, thus private investors liquidate their holdings by selling their ETF shares on the open market). The two largest gold ETFs by assets are the SPDR Gold Trust (GLD) and the iShares COMEX Gold Trust (IAU).
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Friday, April 08, 2016
UK Housing Market Panic Buying Accelerates House Price Inflation to Over 10% Per Annum / Housing-Market / UK Housing
Barely a few weeks on from when Britain's housing market bears were starting to reappear on the scene in the mainstream press with perma doomsday headlines that followed Februarys 1.5% plunge and on the back of news of a fast slowing UK economy. Now out pops the Halifax with its latest data that show average UK house prices have once more accelerated to above 10% per annum! By galloping ahead by a whopping 2.6% for March near double Februarys 1.5% drop, and despite Februarys drop are up by 2.9% so far thus year which converts into an annual inflation rate of 11.6%.
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Friday, April 08, 2016
No. 1 One Reason To Buy Gold and Silver Is “Cyber Financial Warfare” / Commodities / Gold and Silver Stocks 2016
The number one reason to buy gold bullion given the new risks in the 21st century digital age is “cyber financial warfare,” Jim Rickards, Chief Global Strategist at West Shore Funds told “Bloomberg Markets.”
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Friday, April 08, 2016
Stock Market Negative Down Day with Potential to go Lower / Stock-Markets / Stock Markets 2016
The stock market indices had a negative session today. The day started out with a breakdown, they gapped lower, bounced off support, but shortly took out support at 4510 Nasdaq 100 and 2054 area S&P 500. During the rest of the session they came down in the morning, bottomed, and then tried to rally the rest of the day, but held at resistance and went lower. In a decidedly-negative down channel, the indices closed off the session lows, bounced in the last hour, but it looked more like a bear flag than anything else.
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Friday, April 08, 2016
Goldman Sach's Dubious Advice 'Short Gold!' / Commodities / Gold and Silver 2016
Those betting against Goldman Sach's retail investment advice have generally been on the right side of things.
The same thing is about to happen again.
"Short gold! Sell gold!" said Goldman's head commodity trader, Jeff Currie, during a CNBC "Power Lunch" interview.
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Friday, April 08, 2016
Lumber Commodity Price Limbers Up / Commodities / Gold and Silver 2016
The lumber price has traded pretty much exactly as outlined in analysis, titled Lumber Lambasted and Lumber Looking Lousy, produced in May 2015 and September 2015 respectively.
I expect price to continue to trade as outlined in those analyses but it doesn't hurt to update the picture so let's do just that beginning with the monthly chart.
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Friday, April 08, 2016
US Stock Market Bulls Are the Most Complacent Since 2008! / Stock-Markets / Stock Markets 2016
I have to trade and invest in the markets that I have before me and not the ones that I desire! Therefore, I must be able to approach the market place from a completely ‘unbiased’ perspective. I do not care if the markets doubles in price, or if it is cut in half. I take advantage of moves in both directions by using my ‘short term spikes’ which I have shown you, over the past couple of weeks, in order to lock in profits in as short a period as 48 hours.
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Thursday, April 07, 2016
Stock Market Nice & Nasti / Stock-Markets / Stock Markets 2016
Volume & Breadth
Two reliable tools in my kit.
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Thursday, April 07, 2016
The New Case For Gold / Commodities / Gold and Silver 2016
James Rickards, Chief Global Strategist at West Shore Funds and a widely renowned author is interviewed by FRA Co-founder Gordon T. Long in which they discuss Jim’s just released book The New Case for Gold. They also delve into issues concerning the false perceptions of the world switching back to a Gold Standard and the reasons for a suspected G-20 stealth “Shanghai Accord”.
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