Tuesday, March 15, 2016
HUI Gold Miners: A Correction in The Wind / Commodities / Gold and Silver Stocks 2016
The Gold Miners have started the year with a cracking rally pretty much as they started last year. They have finally broken out of their downward trend which has been in place for around 4 years. As we write the HUI currently stands at 169.44 which is well off its recent lows, but is some 73% below its previous high of 630.
The HUI now looks to be rolling over, although it is too early to say that this rally is over for now, it is beginning to look that way. A recent golden cross, whereby the 50dma crosses over the 200dma in an upward motion should be good for the HUI, but often this is not the case and a reversal follows.
Tuesday, March 15, 2016
Flat Close for Stock Market Indices / Stock-Markets / Stock Markets 2016
The stock market indices started the week off with an interesting day today and finished mixed on the session. The day started out with a move up in the morning in a 5-wave advance, they pulled back in the afternoon, that held support, they rallied to nominal new highs with about forty minutes to go, and then backed off into the close to close mixed.
Read full article... Read full article...
Tuesday, March 15, 2016
Stock Market Waiting On Fed Wednesday.... / Stock-Markets / Stock Markets 2016
The market volume today was very low. The reason is simple. Not many want to place bets in front of fed Yellen on Wednesday when she does what she has to do regarding interest rates. We all know she won't raise rates this time, but the market is very interested in her language regarding the future. To get an idea if and when the next rate hike may occur. If she talks about raising in the future, I think the banks will clearly like that news, while the market reaction will be unclear, in my opinion.
Read full article... Read full article...
Tuesday, March 15, 2016
Coffee Price Downtrend Set To End / Commodities / Coffee
The coffee price has risen from its lows and this could well be the start of the expected big rally which has been laid out previously. Let's review the daily chart and monthly charts.
Read full article... Read full article...
Tuesday, March 15, 2016
Crude Oil Price Technical Juncture / Commodities / Crude Oil
Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.
On Friday, crude oil gained 1.24% as rig count declined to the lowest level ever. Thanks to this news, light crude hit a fresh March high, but will we see further rally in the coming week?
Read full article... Read full article...
Tuesday, March 15, 2016
Help to Save - Regular Savings Account to Pay 25% Interest per Year for FOUR Years! / Personal_Finance / UK Tax & Budget
Last year the conservative led government bribed the grey vote in the run up to the UK general election by way of their Pensioner Bonds that paid a high 4% interest fixed for 3 years for the over 65's, near double the market rate of the time. We'll with the about to be announced 'Help to Save' scheme then soon it will be the turn of the low paid to reap a minimum return of 25% per annum for 4 years on regular savings of £50 per month!
Read full article... Read full article...
Monday, March 14, 2016
Near-Term Gold Forecast: The Thrill of Victory and the Agony of Indecision. . . / Commodities / Gold and Silver Stocks 2016
Man-oh-man, the heat I am taking over my recent "Caution" stance on the near-term outlook for gold and silver is now verging on the theatre of the absurd, says precious metals expert Michael Ballanger.
Read full article... Read full article...
Monday, March 14, 2016
The Stock Market Crude Oil Trap / Stock-Markets / Stock Markets 2016
The price correlation between the Crude and equity Cycles was on full display last week. The only real difference is the relentless nature of Crude’s surge higher. Crude was so oversold and bearish sentiment so elevated, that its march higher from the Investor Cycle Low has been unyielding.
The action appears to be a classic bear market squeeze, as traders who bet big on a continued decline have been forced to cover their Shorts. And in the process, Crude’s mood has quickly turned. The mood was bleak and extremely bearish just a month ago, but we’ve now begun to hear opinions that the bear market has ended and that Crude has seen the bottom.
Read full article... Read full article...
Monday, March 14, 2016
Gold, Silver, Zika, ZIRP, and NIRP Viruses / Stock-Markets / Financial Markets 2016
The Zika virus is the newest threat to humanity, especially pregnant women, so they say. Big Pharma is working feverishly to create a vaccine. Chances are the vaccine will be created, highly profitable, and Big Pharma will be “held harmless” for injuries to those who were vaccinated.
Add GM mosquitos, birth defects, Brazilian Olympics, big profits, and the story becomes a huge distraction. John Rappoport has suggested there is more to the story.
Read full article... Read full article...
Monday, March 14, 2016
U.S. Inflation Comeback: Did Inflation Ever Go Away? / Economics / Inflation
This is a guest post by Joseph Y. Calhoun at Alhambra Investment Partners. His post starts off with this quote by Stanley Fischer, Fed Vice-Chair in a speech before the National Association for Business Economics.
Says Fischer "We may well at present be seeing the first stirrings of an increase in the inflation rate -- something that we would like to happen."
Read full article... Read full article...
Monday, March 14, 2016
Warning From the Bank for International Settlements : The Calm Before the Storm? / Stock-Markets / Financial Crisis 2016
The Bank for International Settlements (BIS) is worried that recent ructions in the equities markets could be a sign that another financial crisis is brewing. In a sobering report titled “Uneasy calm gives way to turbulence” the BIS states grimly: “We may not be seeing isolated bolts from the blue but the signs of a gathering storm that has been building for a long time.”
The authors of the report are particularly concerned that the plunge in stock prices and the slowdown in global growth are taking place at the same time that investor confidence in central banks is waning. The Bank Of Japan’s announcement that it planned to introduce negative interest rates (aka–NIRP or negative interest rate policy) in late January illustrates this point. The BOJ hoped that by surprising the market, the policy would have greater impact on borrowing thus generating more growth. But, instead, the announcement set off a “second phase of turbulence” in stock and currency markets as nervous investors sold off risk assets and moved into safe haven bonds. The BOJ’s action was seen by many as act of desperation by a policymaker that is rapidly losing control of the system. According to the BIS:
Read full article... Read full article...
Monday, March 14, 2016
Bail-Ins And Negative Interest Rates, The Ultimate Admission Of Failure.... / Interest-Rates / US Interest Rates
Mike Hoy writes: ... Cash and Physical Gold, Standing in The Way of a Lifetime of Financial Servitude and Slavery!
For the last several decades, the out-of-control growth of US Government spending when combined with the unlimited printing policies of "The Fed" has set the stage for "The Perfect Storm!"
Anyone with a simple calculator can easily understand how it is virtually impossible for 320,000,000 people to retire a current and rapidly growing debt of $19,000,000,000,000. This is a sum which equates into $60,000 worth of debt per man, woman and child in the US today. Please ignore the fact that half of the population pays no income tax at all. Forget about the $100,000,000,000,000-$200,000,000,000,000 in future entitlement obligations as only a dreamer could believe this debt has any chance of ever being funded with anything other than more worthless paper!!
Read full article... Read full article...
Monday, March 14, 2016
Money, Power and Oil. Exposing the Libyan Agenda: A Closer Look at Hillary’s Emails / ElectionOracle / US Presidential Election 2016
Critics have long questioned why violent intervention was necessary in Libya. Hillary Clinton’s recently published emails confirm that it was less about protecting the people from a dictator than about money, banking, and preventing African economic sovereignty.
The brief visit of then-Secretary of State Hillary Clinton to Libya in October 2011 was referred to by the media as a “victory lap.” “We came, we saw, he died!” she crowed in a CBS video interview on hearing of the capture and brutal murder of Libyan leader Muammar el-Qaddafi.
Read full article... Read full article...
Monday, March 14, 2016
Stock Buyback Blackout Begins / Stock-Markets / Stock Markets 2016
We are now entering the blackout period for corporate stock buybacks, the largest purchaser of stocks for the past year. On the left is a chart showing the blackout periods for the past year.
Bloomberg reports, “Demand for U.S. shares among companies and individuals is diverging at a rate that may be without precedent, another sign of how crucial buybacks are in propping up the bull market as it enters its eighth year.
Read full article... Read full article...
Monday, March 14, 2016
American's Voting To Destroy The Establishment / ElectionOracle / US Presidential Election 2016
“I know that history is going to be dominated by an improbable event, I just don’t know what that event will be.” ― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable
Nassim Taleb is a prickly arrogant SOB who doesn’t give a crap what intellectuals, academics, and other establishment elitists think about him. He has an Ivy league MBA, but despises everything about the curriculum of Ivy League MBA programs. He has a PhD, but scorns academics and their worship of theories and models. He enjoys poking holes in the storylines of the propaganda spewing corporate media. He glories in ridiculing the predictions of captured “experts” mouthing the talking points of whichever corporate interest is paying them blood money.
Read full article... Read full article...
Monday, March 14, 2016
President Obama is the One Peddling Fiction on State of US Economy / Economics / US Economy
In his final State of the Union Address, President Obama chided, "Anyone claiming that America's economy is in decline is peddling fiction." Following the recently released February Non-farm Payroll Report, which showed a net increase of 242 thousand jobs, he doubled down on that same contention. The seemingly robust number of new jobs created prompted the President to remark, "The numbers and the facts don't lie, and I think it's useful given that there seems to be an alternative reality out there from some of the political folks that America is down in the dumps. It's not. America is pretty darn great right now."
Read full article... Read full article...
Monday, March 14, 2016
Stock Market Still in Rally Mode as SP500 Climbs Above 2,000 / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,050, and profit target at 1,900, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish, as we expect a downward correction or short-term uptrend's reversal at some point. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence. We decided to change our long-term outlook to neutral recently, following a move down below medium-term lows:
Read full article... Read full article...
Monday, March 14, 2016
UK Property Equity Release Market Responds to Rising Demand with Greater Choice / Housing-Market / Mortgages
The equity release market is responding to increasing demand from elderly homeowners looking to unlock cash from their homes with a wider range of products and options, according to new research by Moneyfacts.
The research, which focused on the current offerings available in the equity release market, found that there are now 70 different lifetime mortgage equity release deals available covering a wide range of options and loan-to-values (LTVs), an increase of 34% on the number of deals available last year and more than double the total number from three years ago (see the table below).
Read full article... Read full article...
Monday, March 14, 2016
Silver Peak Likely Only After Dow Stock Market Crash & Major Bottom / Stock-Markets / Stock Market Crash
Last year, I produced the following chart and commentary (italics) to show how the Dow could crash like it did in 1929:
Read full article... Read full article...
Monday, March 14, 2016
Donald Trump: You’re All Violent Communists Now! / ElectionOracle / US Presidential Election 2016
According to Donald Trump, as I understand it, Bernie Sanders is responsible for any violence that has or will occur at Trump rallies. Case closed? Bernie is a “Communist”; and his followers are “leftists” who “want to destroy this country!” Case closed?
If Sanders folk “don’t get it,” be forewarned: Trump is framing him and you!
To silver-hairs within the Trump legion who wear permanent frowns of repressed anger stoked by neo-conservative and “anti-government” propagandists on radio, cable news and the Internet, Bernie Sanders’ “socialism” - which arguably isn’t socialism - is now conflated with Communism – that “great evil empire” whose phantom Mr. Trump has resurrected to revive long-buried hates and fears within his aging McCarthyite and Cold War warriors.
Read full article... Read full article...