Friday, February 12, 2016
The Coming Silver Price Rally Will Be Fueled By A Crashing Dow / Commodities / Gold and Silver 2016
By: Hubert_Moolman
It is good news for silver investors when significant nominal peaks of the Dow are formed. This is because significant nominal peaks in the price of silver tend to come after significant nominal peaks in the Dow. This has been the case for the last 90 years at least.
The two most significant nominal peaks of the Dow were in 1929 and 1973. Silver made a significant peak in 1935, about six years after the Dow's major peak in 1929. Again, in 1980, silver made a significant peak, about seven years after the Dow's major peak in 1973.
Read full article... Read full article...
Friday, February 12, 2016
Is the Gold Price Manipulated? Part2 / Commodities / Gold and Silver 2016
By: Arkadiusz_Sieron
One of the main arguments for the systematic suppression of the gold price says that governments and central banks try to stop gold being the canary in the inflationary mine. We have problems with this view.
First, there are many other indicators of inflation, like official indices (CPI, PPI, and PCEPI), inflation premiums embedded in Treasury prices, or oil and other commodity prices. Do central banks also suppress oil, copper and practically all commodities? We do not think so. The current bear market in gold and base metals is more connected with the strong U.S. dollar than with diligent manipulation.
Read full article... Read full article...
Friday, February 12, 2016
Gold Price Surges Another 7% This Week – Largest Gain Since 2008 / Commodities / Gold and Silver 2016
By: GoldCore
Gold bullion jumped 4 percent yesterday to $1,244.20/oz, its biggest single-day percentage rally since 2013. For the week, gold is 7.2% higher which is its biggest weekly gain since the global financial crisis in 2008.
Friday, February 12, 2016
Canadian Dollar Now Even Less of a Haven from US Dollar Collapse Than Before / Currencies / Canadian $
By: Jeff_Berwick
In 2011, we posted an article entitled “The Canadian Dollar is No Haven from a US Dollar Collapse.” The point of the article was that Canada had almost no gold reserves and the only thing backing the Canadian dollar was the US dollar.
Canadians were quite smug, back then, with the Canadian dollar trading above par with the US dollar and we wanted to remind them that not only would the Canadian dollar not be a haven from a US dollar collapse, but the loonie would collapse before the US dollar, since nothing is backing it but the US dollar and Canada had no gold (amongst many other reasons).
Read full article... Read full article...
Friday, February 12, 2016
The Stock Market Dow Elevator; 18, 17, 16.... / Stock-Markets / Stock Markets 2016
By: Doug_Wakefield
"Whatever the stock index, whatever the country, whatever the security, prices only rarely follow the predicted normal pattern. My student, Eugene Fama, investigated this for his doctoral thesis. Rather than examine the broad market index, he looked one by one at the thirty blue-chip stocks in the Dow. He found the same disturbing pattern; big price changes were far more common than the standard model allowed. Large changes, of more than five standard deviations from the average, happened two thousand times more often than expected. Under Gaussian rules, you should have encountered such drama only once every seven thousand years; in fact, the data showed, it happened once every three or four years." [The (Mis) Behavior of Markets (2004) World Renown mathematician Dr. Benoit Mandelbrot, pg 96]
Friday, February 12, 2016
T. Boone Pickens On Obama Oil Tax: "Dumbest Idea Ever" / Commodities / Crude Oil
By: OilPrice_Com
The Obama administration's proposed $10.25 per barrel oil tax adds up to approximately $32 billion a year, and critics are coming out of the woodwork in defense of both the oil industry and end users who would foot the bill for transportation system reforms-but it may be a moot point since the effort will simply be killed off by Congress.
Read full article... Read full article...
Friday, February 12, 2016
Can the U.S. Fed Drop Interest Rates Below 0%? / Interest-Rates / US Interest Rates
By: EWI
This question is not as preposterous as it may seem.
For the financial markets, the biggest event of the week starts tomorrow: On Wednesday and Thursday (Feb. 10-11) Fed chair Janet Yellen will appear before Congress to deliver her semi-annual Monetary Policy Report.
"It's huge." That's how one strategist put it this morning, in a CNBC interview about the importance of Yellen's testimony.
Read full article... Read full article...
Friday, February 12, 2016
Will Harry Dent Eat Crow on His $700 Gold Price Prediction? / Commodities / Gold and Silver 2016
By: Jason_Hamlin
Investment guru Harry Dent has made quite a few predictions since his start in the 1980’s. He has certainly been correct a few times and had to backtrack several other times. In early 2013, he predicted a financial crash will begin between the end of 2013 and the first half of 2014. This prediction was incorrect or maybe just early by a few years.
In 2014, while promoting his book, he predicted a major Australian housing market correction beginning in 2014 after an even bigger one in China. While the housing market is cooling in both countries, we have yet to see a major correction.
Read full article... Read full article...
Friday, February 12, 2016
Cartel Buster Gold Price Rally / Commodities / Gold and Silver 2016
By: Denali_Guide
CARTEL~BUSTER ! - A hasty post for all who want to see !! I think this one tells a story.
all the red circles cover critical zones that are now stalling.
Needing more frequent and reliable updates, subscribe to Peak Picks and I will make sure you get periodic updates and Reversal Alerts.
Friday, February 12, 2016
Where to Hide Your Money From Reckless Governments / Stock-Markets / Financial Crisis 2016
By: Casey_Research
By Justin Spittler
A major central bank just made a desperate move…
If you’ve been reading the Dispatch, you know we’re living through a gigantic “global monetary experiment.”
In short, global central banks cut interest rates to zero to fight the 2008 financial crisis. They’ve held interest rates near zero ever since.
Read full article... Read full article...
Friday, February 12, 2016
Why the Federal Reserve Always 'Happens' to Be Wrong / Interest-Rates / US Federal Reserve Bank
By: MoneyMetals
"The last duty of a central banker is to tell the public the truth." - Alan Blinder, former Federal Reserve Board Vice Chairman
The Federal Reserve Board finds itself back in a quandary of its own making. When Fed chair Janet Yellen pushed through an interest rate hike this past December, she confidently cited an "economy performing well and expected to continue to do so."
Read full article... Read full article...
Friday, February 12, 2016
Why is Gold Price up Nearly $60 this Morning? / Commodities / Gold and Silver 2016
By: Michael_J_Kosares
It has something to do with Yellen’s not dovish enough Congressional testimony. It has something to do with global financial system problems associated with low interest rates. It also has something to do with emerging countries at the doorstep of penury. And last but not least, it has something to do with disinflationary pressures that threaten the financial system and world economy as a whole. However, these things, albeit good reasons to own gold, would normally play out in the price over an extended period of time.
Read full article... Read full article...
Thursday, February 11, 2016
The War on Cash is About to Go into Hyperdrive / Interest-Rates / War on Cash
By: Graham_Summers
The global Central Banks have declared War on Cash.
Historically, one of the safest things to do when the markets begin to collapse is to move a significant portion of your holdings to cash. As the old adage says, during times of deflation, “cash is king.”
The notion here is that cash is a safe haven. And while earning 1-2% in interest doesn’t do much in terms of growing your wealth, it sure beats losing 20%+ by holding on to stocks or bonds during their respective bear markets
Read full article... Read full article...
Thursday, February 11, 2016
More Bankruptcy For Your Retirement Portfolio / Stock-Markets / Pensions & Retirement
By: Rodney_Johnson
There’s an old saying that if you owe the bank $1 million, you have a problem. But if you owe the bank $100 million, then the bank has a problem.
That’s the situation we’re in today.
States around the country have racked up outrageous unpaid balances for their pensions. Few of them have any plan for digging out of the hole. Since they have no plan, they’re creating issues for everyone who might be called upon to help them make good on their obligations.
Thursday, February 11, 2016
Negative Interest Rates: Their Devastating Impact on Our Economy / Interest-Rates / Financial Crisis 2016
By: Harry_Dent
Since late 2008, central banks around the world have used unprecedented QE to try and stoke the global economy.Then in June 2014, the ECB took it a step further. They went negative.
Zero short-term interest rates apparently weren’t enough. The ECB realized that if they couldn’t get banks to loan or consumers to spend, why not really light a fire under their ass and tell them: “if you’re not going to spend, you have to pay to keep your money in the bank!”
Read full article... Read full article...
Thursday, February 11, 2016
2016 - Gold & Silver Rising: A Gold And Silver Bottom May Be In / Commodities / Gold and Silver 2016
By: Darryl_R_Schoon
We see the surface yet think it the whole; then discuss for hours what we think that we know
If a stock has "bottomed out", it means it might have reached its low point and could be in the early stages of an upward trend. Investors usually see a bottom as an opportunity to purchase securities when they are potentially underpriced…The bottom is used in technical analysis by defining the lowest level of support when charting a stock, commodity, index or economic cycle. http://www.investopedia.com/terms/b/bottom.asp
Last July, über market-timer Martin Armstrong predicted a gold bottom could happen between November 30th and December 7th or, during a certain week in early 2016 (known to his subscribers); and because I believe silver is subject to the same market forces as is gold, i.e. manipulation by the paper money cabal vs. free market supply and demand, a silver bottom would be in as well.
Read full article... Read full article...
Thursday, February 11, 2016
Stock Market Progress on the Downside... / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX bounced from a lower low and retraced to challenge its Cycle Bottom at 1931.58. The bounce may be over. The next target is the Head & Shoulders neckline near 1798.00 to complete Wave [i] of C. This may be accomplished later today, with a Wave [ii] bounce at the close. I expect Wave [ii] to challenge the hourly Cycle Bottom again before the next big decline. Notice the opening gap wasn’t closed, denoting weakness and distribution.
Thursday, February 11, 2016
Janet Yellen, the Japanese Yen and the Dead Cat Bounce / Stock-Markets / Financial Markets 2016
By: Mario_Innecco
Transcript excerpt: Thursday February 11 2016 it's nine o'clock London time so 4 a.m. New Yorktime with eastern standard time very interesting developments this morning in
the financial markets mostly I think in response a bit in response to chairwoman
Janet Yellen testimony to the U S Congress to the house and the markets
prior to that testimony yesterday I think it was around the morning New York
time the market prior to that works stronger dollar was up almost 200 points
you know people expect and Janet Yellen 2012 the market and admit that the
economy was weakening and that imply that they would start raising rates but
she didn't do any of that she basically said that yeah we still we are watching
Read full article... Read full article...
Thursday, February 11, 2016
Stock Market Gap Down... / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
The SPX Premarket is down below the Wave A low at 1828.45. The Elliott Wave pattern has morphed into another A-B-C, due to overlap in the Wave structure. What we are looking at is a hybrid Wave pattern that I have not seen before…but it is consistent and repeating. There is not enough time to complete an impulse down to the bottom of Wave (3). However, there is enough time for a Wave C. It appears that a gap down open is in the cards.
Thursday, February 11, 2016
Gold Price Surges 3.2% To $1,241/oz As Deutsche Bank, Stocks Fall Sharply / Commodities / Gold and Silver 2016
By: GoldCore
Gold has surged over 3% today on increased safe haven demand as stocks and in particular bank stocks see sharp falls. German shares have nose dived again and German colossus Deutsche Bank has fallen over 8%.
Read full article... Read full article...