Wednesday, October 28, 2015
“Ignore The Noise” & Focus On The Fact That Central Banks “Remain Extremely Accommodative / Stock-Markets / Financial Markets 2015
By: GoldCore
The primary focus this week is again on the “all powerful” Fed. If the Fed leans toward a rate hike in December, gold could come under pressure again in the short term. However, if it leans toward raising rates next year, then gold would be expected to eke out further gains.
Wednesday, October 28, 2015
Stock Market Flat Until the Fed Announcement? / Stock-Markets / Stock Markets 2015
By: Anthony_Cherniawski
Good Morning!
The SPX Premarket is marginally higher this morning. It doesn’t Appear that much is going to happen until the 2 pm Fed Announcement. A year ago the market would have been tracking higher going into the Fed Announcement.
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Wednesday, October 28, 2015
U.S. Economy On the Precipice of Deflation / Economics / Deflation
By: EWI
Weakest economic recovery in seven decades gets weaker
Most people extrapolate present trends into the future. But yesterday's trend can look like day vs. night when tomorrow arrives.
Almost no one expected deflation when the December 2007 Elliott Wave Theorist said:
Inflation has raged, but deflation is next.
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Wednesday, October 28, 2015
George Osborne Capitulates Following Working and Child Tax Credits Cuts Defeat / Politics / UK Tax & Budget
By: Nadeem_Walayat
Britain's un-elected House of Lords has forced George Osborne to effectively capitulate on the scale and time table of £4.4 billion in cuts to the tax credits system that were due to be introduced from April 2016. The Working and Child Tax Credits monster is a legacy of the last Labour government that had grown out of control over a decade of attempting to bribe an ever increasing number of low paid workers to vote Labour as the budget had mushroomed from an annual cost of £1 billion to £32 billion that first the Coalition and now the Conservative governments have been attempting to get to grips with, and so far failing abysmally to do so.
Wednesday, October 28, 2015
Falling Wedge Formation Pointing to Higher Gold Price / Commodities / Gold and Silver 2015
By: Mario_Innecco
Technical analysis has always been a difficult craft to perform as evolving formations sometimes point to certain outcomes but not always do we get these outcomes. Since the great financial crisis of 2008 and the intervention of all major Western central banks in capital markets via their policy of quantitative easing and zero interest rates it has become even more difficult to use technical analysis tools to try and predict market action. With that in mind here is what we think the technical tea leaves are telling us about the gold price.
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Wednesday, October 28, 2015
Stop Blaming OPEC For Low Oil Prices / Commodities / Crude Oil
By: OilPrice_Com
We are a little more than a month away from OPEC's next meeting, which will be held in Vienna on December 4, 2015.
OPEC altered the course of the oil markets last year when it decided to cast aside its traditional role of maintaining balance through production cuts. Instead it pursued a strategy of fighting for market share, contributing to an immediate rout in oil prices. WTI and Brent then went on to dive below $50 in the weeks following OPEC's decision.
Wednesday, October 28, 2015
22 Step Home Winter Weather Proofing Checklist to Save Money and Energy Costs / Personal_Finance / Home Maintenance
By: Sami_Walayat
With October soon drawing to close, now is the best time before the temperatures drop to conduct a relatively quick preventative home winter weather proofing survey that than can save on costly repair bills such as damage form blocked drains and gutters, leaking roofs and burst pipes that can result in soaring insurance premiums on claims, as well as save on costly excessive energy usage due to drafts, poor insulation and boiler problems.
Wednesday, October 28, 2015
Undeniable Social Security Demographics / Politics / Demographics
By: BATR
What are the consequences for Social Security in an economy where fewer and fewer workers have a job? Add in the tax burdens that come to comply for Obamacare coverage and it is difficult to see where all the needed new employment will come from to keep funding the government Ponzi scheme? Government apologists will just compose a new “Washington Two Step” routine to dance around empirical facts, but just maybe part of their next choreography will be to allow even more illegal’s pay into Social Security so that the transfer system can continue.
Tuesday, October 27, 2015
Stocks Inflation Bull Run / Stock-Markets / Stock Markets 2015
By: Ed_Carlson
Equity markets continue to defy our call for no end-of-year rally as equity investors rush to invest idle cash and not miss out on the positive feedback loop of higher prices. SPX has broken the mid-Sept high at 2,020 leaving behind a series of higher highs and higher lows; the definition of an uptrend. Price is the ultimate arbiter but we cannot ignore other signals if we want to be successful in forecasting price.
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Tuesday, October 27, 2015
Doug Casey Answers Five of Today’s Biggest Investment Questions / Stock-Markets / Financial Markets 2015
By: Casey_Research
By Doug Casey
Editor’s Note: Casey Research founder Doug Casey answered dozens of investment questions during the recent Casey Research Summit. We transcribed five of Doug’s best answers, and we’re sharing them with you below. What you’re about to read is Doug speaking to a live audience. His responses are unrehearsed.
Tuesday, October 27, 2015
Stocks and Bonds Will Not Crash Soon / Stock-Markets / Financial Markets 2015
By: Sol_Palha
Always do what you are afraid to do. -Ralph Waldo Emerson
We are listing excerpts from past market updates to illustrate how the mass mindset is always wrong. Even big shots like Bill Gross are not exempt from being sucked into this black hole, otherwise known as the mass mindset. Herd psychology clearly indicates that the only time a market is going to crash is when emotions have hit a boiling point. In other words, the crowd is foaming with joy. However, regarding bonds, there is one more factor that needs to be considered. The element of control and that element has a name; it is called the Fed.
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Tuesday, October 27, 2015
Health Care…Is There a Better Way? / Politics / Healthcare Sector
By: Rodney_Johnson
It’s the end of October, which means Halloween is fast approaching. Then, once the calendar flips to November, we jump headlong into the holiday season.It’s a time of celebration, travel, and gift-giving, but, in recent years, something else was added to the mix, and it fills people with dread.
It’s not more visits from in-laws (although, luckily, mine are fabulous!). It’s open enrollment for health insurance.
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Tuesday, October 27, 2015
Zero Percent Inflation…What’s Next? / Economics / Deflation
By: Harry_Dent
During World War II, the Fed bought its own bonds to keep interest rates low and demand high enough to finance the war effort.
Back then, the Fed’s efforts did what you’d expect: they caused a modest level of inflation.
So you’d expect the unprecedented stimulus of today to create substantially higher inflation. In fact, with the greatest money printing in history, it wouldn’t be unreasonable to fear hyperinflation.
Tuesday, October 27, 2015
The Worse Things Get For You, The Better They Get For Wall Street / Politics / Social Issues
By: James_Quinn
On October 2 the BLS reported absolutely atrocious employment data, with virtually no job growth other than the phantom jobs added by the fantastically wrong Birth/Death adjustment for all those new businesses springing up around the country. The MSM couldn’t even spin it in a positive manner, as the previous two months of lies were adjusted significantly downward. What a shocker. At the beginning of that day the Dow stood at 16,250 and had been in a downward trend for a couple months as the global economy has been clearly weakening. The immediate rational reaction to the horrible news was a 250 point plunge down to the 16,000 level. But by the end of the day the market had finished up over 200 points, as this terrible news was immediately interpreted as good news for the market, because the Federal Reserve will never ever increase interest rates again.
Tuesday, October 27, 2015
The Frightening True Cost of Low Mortgages Interest Rates / Housing-Market / Mortgages
By: MoneyFacts
Borrowers are often bombarded by an array of choice when looking for a mortgage, so it’s unsurprising that many may mistakenly think that opting for the lowest rate will save them money.
However, this is simply not the case; in fact, Moneyfacts.co.uk can reveal that borrowers would actually be better off choosing a deal with no arrangement fee over a lower rate alternative.
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Tuesday, October 27, 2015
Fed Headed into Inflation Overdrive / Interest-Rates / US Federal Reserve Bank
By: Michael_Pento
Seven years of extraordinary fiscal and monetary stimuli are proving ineffective towards achieving the growth and inflation targets laid out by the Federal Reserve. The Consumer Price Index (CPI), the Producer Price Index (PPI) and Gross Domestic Product (GDP) have all failed to grow over 2%. This is because asset prices, at these unjustified and unsustainable levels, need massive and ever increasing amounts of QE (new money creation) to stave off the gravitational forces of deflation. Fittingly, it isn't much of a mystery that the major U.S. averages have gone nowhere since QE officially ended in October of 2014.
Tuesday, October 27, 2015
Europe’s On A Road To A Very Bleak Nowhere / Politics / Immigration
By: Raul_I_Meijer
On the day after a bunch of European countries headed into yet another -emergency- meeting, and as the refugee situation in Greece and the Balkans was more out of hand than ever before, not in the least because the numbers of refugees arriving from -in particular- Turkey are larger than ever, let’s reiterate what should always be the guiding principle driving the response to issues like this.
That is, the only way to approach a crisis such as this one is to put the people first. To say that whatever happens, we will do what we can, first and foremost, to not allow for people to drown, or go hungry or cold, or contract diseases. Because that contradicts our basic morals. The loss of lives and prevention of misery should be the most important thing for everyone involved, all the time, from politicians to citizens.
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Tuesday, October 27, 2015
Impeachment of the Federal Reserve / Politics / US Federal Reserve Bank
By: BATR
Throughout history, holding public officials accountable for wrongdoing has been elusive even under the most moral regimes. As an ordinary practice, crime pays, especially in public office. Personal gain is an obvious offense. However, misdemeanors against specific persons, entire classes of people or even crimes against humanity are routinely committed in the normal course of administrating governments. Woefully, a universal remedy to prevent such a chronicle of depravity has never been applied to the body politik.
Tuesday, October 27, 2015
Stock Market Consolidation....S&P 500 2079 Gap Next Up....Then 2134.... / Stock-Markets / Stock Markets 2015
By: Jack_Steiman
If ever there was a time for a brief newsletter, today is that day. There is literally nothing to add from Friday's report. Every market pauses from time to time no matter what direction it's moving in directionally. A pause to refresh. That's exactly what we saw today. The market made a strong move, and, thus, got overbought not only on the short-term charts, but on the daily charts as well. Daily charts hang in better at overbought, but those short-term charts do need occasional unwinding. We got a bit of that today, although nothing special as those ravenous-retail bulls are looking to buy all dips for the moment.
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Tuesday, October 27, 2015
Gold Investors Stick to Your Guns—Hold on to Those Mining Shares / Commodities / Gold and Silver Stocks 2015
By: The_Gold_Report
Do you have wealth insurance? Tocqueville Gold Fund Portfolio Manager John Hathaway has studied the past and he sees a bright future for those who have taken the precaution of protecting themselves from the downside of a general bear market by buying resource mining stocks when they are at historic low prices. In this interview with The Gold Report, Hathaway shares the names the fund is holding as ammunition for a better gold market.
The Gold Report: John, you have studied the fundamentals of gold through history. What is behind the current market prices, and what will it take to move prices higher again?
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