Friday, December 04, 2015
Silver: We NEED it! / Commodities / Gold and Silver 2015
The answer to many questions often depends upon perspective, whether the questions are; should I buy silver, is the S&P 500 expensive, is huge and unpayable debt a problem, is another World War a bad idea, will eating potato chips and candy bars actually damage my health, and are Republicrats as useless and corrupt as they appear?
Many people have suggested that silver prices are hopeless and silver will never go up. This is an overly emotional perspective caused by 4.5 years of declining silver prices and negative sentiment. Consistent with this “hopeless” assessment are:
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Friday, December 04, 2015
Invest Like a Fund Manager: Tips from the Silver Summit / Commodities / Gold and Silver 2015
Gold bars? ETFs? Junior miners? Royalty streams? Majors with dividends? How is an investor to determine the best way to leverage the upside of a beaten up metals market? The Gold Report hosted a standing-room-only fund manager panel at the Silver Summit in San Francisco featuring insights from three very different points of view. Axel Merk, president and CIO of Merk Investments, focuses on gold and currency investing. Robert Mullin is co-founder of Real Assets Equity Income Funds and focuses largely on producing mining companies. Greg Orrell is the president and portfolio manager of the OCM Gold Fund and invests across all sectors of the precious metals industry, including junior producers and exploration and development companies. All three see unique opportunities right now for creating a portfolio that captures a renewed focus from mining executives on shareholder interests.
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Friday, December 04, 2015
How Stocks Bull Markets End / Stock-Markets / Stock Markets 2015
By Jared Dillian
Many people think that they ring a bell at the top of a bull market. Ding-a-ling-a-ling.
That is indeed often the case. The bell was rung in 2000 at the top of the dot-com bubble—I like to think it was 3Com spinning off Palm that broke its back.
But sometimes there is no bell, no catalyst, no story to tell. A bull market becomes a bear market, and it happens just like that.
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Friday, December 04, 2015
Dear Mainstream Media, Stop Freaking Out About Donald Trump’s Polls / ElectionOracle / US Presidential Election 2016
I’m going to offer something a little different in this week’s Outside the Box. Nate Silver has consistently been one of the best political analysts of the past 12 years. I wasn’t terribly enamored of his move from the New York Times to ESPN – to go back to covering sports rather than politics – but he still covers politics over at 538.
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Thursday, December 03, 2015
Market Traders and Trendlines: A Match Made in Opportunity Heaven / InvestorEducation / Learn to Trade
See why this simple tool helps identify high-probability trade set-ups in real world markets
It's the start of the winter holidays -- which, if your family is anything like mine, is also the beginning of a long tradition of deeply regrettable line-crossing, i.e.:
- Crossing that line into interrogating "new" dinner guests as to why they are still single
- Crossing that line into inviting your recently divorced sister-in-law to "stay as long as" she needs
- Crossing that line into a third (no, let's be honest) fourth helping of pecan pie
Thursday, December 03, 2015
Stock Market Trifecta of Sell Signals / Stock-Markets / Stock Markets 2015
SPX has bounced from its 200-day Moving Average at 2064.97 in an impulsive decline. It made a low of 2067.49. It has retested Intermediate-term resistance at 2073.77, but may go higher.
Despite the probability of a stronger retracement, it is now on an aggressive sell signal with final confirmation of that signal beneath the 200-day Moving Average at 2065.00.
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Thursday, December 03, 2015
How to Win in Any Market: 9 Rules for Contrarian Investing / InvestorEducation / Learning to Invest
"A little knowledge that acts is worth infinitely more than much knowledge that is idle." ~ Kahlil Gibran
When it comes to investing, the first rule thing you need to learn is effective management of your emotions. It is impossible to eliminate the impulse to act when euphoria or panic are in the air. While you cannot eliminate the emotion that pushes to you react, you can control your reaction. You can choose to run with the herd of fight panic and stand aside while the herd stampedes. The most important rule is to never let your emotions do the talking. This means not succumbing to panic or euphoria. If you fail here, then nothing can help you. All the rules in the world will fail to alter your outcome.
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Thursday, December 03, 2015
Stock Market Positive Expectations Following Yesterday's Move Down, Will Uptrend Continue? / Stock-Markets / Stock Markets 2015
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140 and profit target at 1,990, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): bullish
Thursday, December 03, 2015
David Cameron Declares Jihad on Islamic State Syria - 'Bombs Away Chaps' / Politics / ISIS Islamic State
Britain's industrial military complex smarting from having failed to profit form the four year long Syrian civil war will today be toasting after the success of much costly lobbying of MP's, who led by the Prime Minister have followed their instructions to start to empty the munitions dumps of bombs and missiles to be dropped right across Syria, joining US, French, Turkish and Russian militaries as they rain hell fire missiles down onto civilian populations, with the probable resulting carnage of many hundreds of innocents killed for every ISIS gangster killed, akin to flattening Rome to kill members of the mafia, all in the name of defending Britain from the terror threat that the likes of the CIA and MI5 amongst other secret police agencies have been busy creating and fostering so as to support the need for the exponential expansion of the surveillance state.
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Thursday, December 03, 2015
Gold Price Capitulation ? / Commodities / Gold and Silver 2015
The technical charts on gold are suggesting the start of a fresh leg lower in price. The loss of chart support near the $1075-$1070 level, and the subsequent inability of the metal to move back above that level, has led to both long liquidation on the part of the specs as well as fresh shorting.
On the intermediate term chart ( Weekly) price appears headed for the lower line of the downtrending price channel that has contained gold since April of 2014. Currently, that targets a potential move to down near $1030-$1020.
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Thursday, December 03, 2015
Stock Market SPX Approaching its Sell Signal / Stock-Markets / Stock Markets 2015
SPX bounced from its Short-term support at 2076.36, making a low of 2077.51. Chances are good that it may slip through Short-term support and the 2-hour mid-Cycle support at 2073.90. However, there is a likely bounce due at the 200-day Moving Average at 2065.10, where it appears to complete Minute Wave [i]. This decline has a long way to go in only a week’s time or so.
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Wednesday, December 02, 2015
Gold and Silver Trading Alert: USD and Silver Invalidate the Breakdowns but Gold Doesn't / Commodities / Gold and Silver 2015
Briefly: In our opinion, no speculative positions in gold, silver and mining stocks are justified from the risk/reward point of view. In other words, we think that taking the rest of the profits off the table is justified from the risk to reward point of view. It seems likely that we will re-enter the short positions shortly, though.
The precious metals sector moved higher yesterday, while the USD Index declined. There was no meaningful action in gold - it remains below the previous 2015 lows - but silver invalidated its recent breakdown and the USD Index invalidated its recent breakout. Is gold the key market to focus on, or are other markets just as important and can change the outlook for gold on their own?
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Wednesday, December 02, 2015
U.S. Treasury Secretary Makes Sad Admission about Coinage Devaluation / Currencies / Fiat Currency
Traders are bidding up the U.S. dollar and dumping metals as they become more convinced that the Federal Reserve will raise interest rates at its next meeting. Janet Yellen and company have been talking about raising rates for the better part of a year, though. All talk and no action so far.
Will they finally hike or keep crying wolf? We'll find out when the Fed meets on December 15-16.
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Wednesday, December 02, 2015
The Economic Costs of Terrorism Hit an All-Time Peak / Politics / War on Terror
The world can change quickly, and last week it did. The most immediate and heartbreaking impacts of the Paris attacks were suffered by the victims themselves and their families, but from there the ripples of terror spread outward around the world.
The Paris events didn’t happen in isolation. Recent bombings in Lebanon, Iraq, Mali, and Nigeria, plus the Russian airline disaster, showed us how far evil can reach.
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Wednesday, December 02, 2015
It Will Take Trillions of Euros to Save the European Union / Politics / European Union
The EU’s political leaders and other elites are committed to holding the European Union together. To them, united Europe is an article of faith. They hold the idea with as much ferocity and fervor as any religious belief. But while the European Union is a wonderful political idea, it’s economically terrible. And the EU nations will have to face up to bearing enormous costs to save the Europe we wished for.
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Wednesday, December 02, 2015
Gold COTs Most Bullish for 14 Years, Call for a Sizeable Tradable Rally Soon... / Commodities / Gold and Silver 2015
There is no need to mince words or beat around the bush with this update. The latest COTs for gold released yesterday showed another marked improvement so that they are now strongly and unequivocally bullish - in fact they are at their most positive since late 2001, that's 14 years.
We are not going to waste our time trying to figure out the reason or reasons for this, but possibly this situation suggests that the Fed is not going to raise rates this month as widely expected. If they don't, the dollar, which has wafted back to its highs on this expectation, will drop and the PM sector will rally.
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Wednesday, December 02, 2015
Merk Markets, US Dollar and Gold Outlook 2016 / Stock-Markets / Financial Markets 2016
Up! Buy the dips! What could possibly go wrong? A hell of a lot, actually, so investors might want to take precautions before, rather after, bad things happen to one's portfolio. We take a stab at where one may find opportunities in 2016.
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Wednesday, December 02, 2015
Gold Price is Nearing Record Low – When to Buy? / Commodities / Gold and Silver 2015
The price of gold has been under intense pressure over the last few weeks as expectations about the increase of the U.S. interest rates continue to rise. The Federal Reserve is expected to make an announcement soon with regard to this matter and several financial reviews believe that an uptick could come as early as this month.
This has helped to push the price of Gold close to its 5-year low of $1,056. However, in the last few days, the price of the yellow metal appears to have hit a turning point with some investors convinced that the expected interest rate hike has already been tacked into the bin.
Wednesday, December 02, 2015
Does the Financial Sector's Strength Drive the Gold Price? / Commodities / Gold and Silver 2015
The price of gold is determined mainly through changes in the general level of confidence in the Fed and the U.S. economy. This is why the U.S. dollar exchange rate (and the Forex market in general) has such strong influence on the yellow metal. As one can see in the chart below, gold is leveraged to the misfortune of major global fiat money. Each time confidence in the U.S. dollar increases, like in the 1980s and 1990s, the attractiveness of gold declines. Conversely, each time the U.S. economy and its currency prospects stumble, people are reminded of the extraordinary properties of gold.
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Wednesday, December 02, 2015
How Money Disappears in a Fractional-Reserve Money System / Currencies / Fiat Currency
Most experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US and the world from another Great Depression. On this the Federal Reserve Chairman at the time Ben Bernanke is considered the man that saved the world. Bernanke in turn attributes his actions to the writings of Professor Milton Friedman who blamed the Federal Reserve for causing the Great Depression of 1930s by allowing the money supply to plunge by over 30 percent.
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