Thursday, October 08, 2015
FOMC Minutes Fireworks / Stock-Markets / US Federal Reserve Bank
SPX has risen back to the 50-da Moving Average for the 5th time. I don’t like this action, but it seems that the market is waiting for the release of the FOMC Minutes at 2:00 pm.
Reuters reports, “U.S. stocks fell on Thursday as investors await the minutes of the Federal Reserve's September meeting to get an insight into the central bank's decision to keep interest rates steady.
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Thursday, October 08, 2015
Dr Copper Back from the Dead - Time to Buy or Blink / Commodities / Copper
Anxiety is a thin stream of fear trickling through the mind. If encouraged, it cuts a channel into which all other thoughts are drained.Arthur Somers RocheOnce upon a time, in the good old days, before QE changed everything, any signs of strength from copper could be construed as a sign that the economy was on the mend. After QE, this story came to an end, and a new reality came into play. The Fed manipulated the markets in favour of short-term gains through what could be determined as borderline illegal monetary policy; a policy that has maintained an ultra-low interest rate environment that favours speculators and punishes savers.
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Thursday, October 08, 2015
Glencore Rout Blamed on Short Sellers Playing With CDS / Companies / Metals & Mining
John Mack, director at Glencore and former CEO of Morgan Stanley, joined hosts Stephanie Ruhle and David Westin on Bloomberg TV's new flagship morning program, Bloomberg <GO>. He spoke about the stability of Glencore amid the global selloff in commodities. He also discussed why he is bullish on China, 2008 and responsibility for malfeasance at financial firms, and Hillary Clinton's presidential campaign.
Mack said fund managers shorting shares of Glencore and playing with credit-default swaps were responsible for recent volatility: “You have fund managers who short the stock, play with the CDS; that’s exactly what happened during the crisis. I mean, that’s fine for them to do that. That creates a lot of volatility."
Thursday, October 08, 2015
Bundesbank “Reassures” Re. Gold Bullion Reserves as Deutsche Bank Shocks With €6 Billion Loss Warning / Commodities / Gold and Silver 2015
The German Bundesbank released an inventory of its gold reserves yesterday in order to quell ongoing public concerns about the true amount of actual unencumbered reserves and the location of the reserves stored in vaults in Frankfurt, London, Paris and particularly in the New York Federal Reserve.
The central bank said its gold reserves amount to 3,384 tonnes of gold worth just €107 billion at today’s prices.
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Thursday, October 08, 2015
Silver Price Manipulation – Where are the Regulators and How Will It End? / Commodities / Gold and Silver 2015
The following is an edited excerpt from our recent Q&A interview with Ted Butler.
It’s the even worse than the fox guarding the henhouse. It’s more like rabid raccoons.
In this section continue the discussion of HFT, while answering the question of how the regulators could miss all of this. We end on how it will end.
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Thursday, October 08, 2015
The Real Reason for the Refugee Crisis You Won’t Hear About in the Media / Politics / Syria
By Nick Giambruno
There’s a meme going around that the refugee crisis in Europe (the largest since World War II) is part of a secret plot to subvert the West.
I completely understand why the locals in any country wouldn’t be happy about waves of foreigners pouring in. Especially if they’re poor, unskilled, and not likely to assimilate.
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Thursday, October 08, 2015
How to Profit from the Coming Stocks Bear Market / Stock-Markets / Stocks Bear Market
MoneyMorning.com By Shah Gilani, Everyone loves a bull market, and it seems that almost everyone fears a bear market.
Not me… I love them both.
In fact, I especially love it when stocks, or bonds, or commodities, or just about any asset class, goes down.
That's because I make what I call "easy money" (and a lot of it) by flipping the securities I trade and invest in when markets head south.
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Thursday, October 08, 2015
Lithium Market Set To Explode – All Eyes Are On Nevada / Commodities / Lithium
While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom.Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral. Nevada is about to get a boost first from Tesla’s (NASDAQ:TSLA) upcoming battery gigafactory, and then from all of its rivals.
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Thursday, October 08, 2015
US Stocks: The [Trend]Line Between Bull and Bear Market / Stock-Markets / Stock Markets 2015
Our FREE report shows you just how invaluable trendlines are for anticipating major reversals
Last weekend, I went on a road trip with a friend and her two young sons. The second we left the driveway, the older boy placed a rubber pool noodle in between him and his brother and established the most important ground rule of all sibling driving trips:
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Thursday, October 08, 2015
How Our Aversion To Change Leads Us Into Danger / Politics / Social Issues
The deeply embedded, genetically determined aversion -or resistance- to change that we are all born with is an important survival tactic. Since change equals potential danger, our aversion to it keeps us out of danger.
We are ‘programmed’ to prefer familiar surroundings, to first look at what we recognize, and to ignore what we do not until we feel comfortable enough about what we do know.
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Thursday, October 08, 2015
Gold Price testing its Bear Market Trend Line / Commodities / Gold and Silver 2015
The Gold price is testing it's bear market trend line. It's probably going to take more than one attempt to get through that resistance but I think it will.
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Thursday, October 08, 2015
Tesco Bank’s new 3.89% two-year Fixed Interest Rate Mortgage / Personal_Finance / Mortgages
Below is a new product, which has been rated ‘outstanding’ by Moneyfacts.co.uk, the highest rating we award.
Tesco Bank has just launched a new two-year fixed rate mortgage priced at 3.89% until 31.1.18. This deal is for all applicants who borrow from £40,000 at 95% loan-to-value (LTV). A fee of £495 is payable, of which £300 can added to the advance of the mortgage. An incentive package for remortgage customers of free valuation and free legal fees is also offered.
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Thursday, October 08, 2015
Optimistic Natural Gas Forecasts Underreport Risks / Commodities / Natural Gas
Gordon Meagher writes: Natural gas prices have not been immune from the broader deflationary forces impacting commodities across the globe. Production gluts and oversupply are testament to the industry’s problems as company’s produce at breakneck speed to stave off bankruptcy after borrowing substantial funds to fund exploration and production projects across the lower 48 US states. Even though an LNG export terminal is expected to come online this quarter, improving the export market capacity, it is unlikely to tackle the problem at its root. Even though the supply-side of the equation can remain very fluid, stimulating demand has proven difficult. Even though certain factors such as the falling rig count are contributing to optimism of a potential rebound, longer-term factors dictate further weakness in prices.Read full article... Read full article...
Thursday, October 08, 2015
Stock Market Pessimism Still Very High.....Bulls Enjoying The Negativity Off The Lows... / Stock-Markets / Stock Markets 2015
When markets get overly optimistic, meaning too many bulls, they have a tendency to struggle, even if it takes a while before they go down appreciably. See how the market did nothing most of last year except to move laterally. Then we had the strong and powerful move lower that took the S&P 500 down 14%. Now we're dealing with the opposite effect. The bull-bears spread now at minus 4.2%, which is off last week's minus 10% reading, but still below 0, which is very good news for the bulls. The Rydex bear fund is also at three-year highs, which shows you the bears are still quite aggressive, which is a negative for them, of course. The market has shown a few gap ups here over the past couple of days, and may now be headed for a lateral bull-flag type of set up.
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Thursday, October 08, 2015
Moving Stem Cell Research Forward: Bernie Siegel of the Genetics Policy Institute / Companies / BioTech
Regenerative medicine through stem cell technology is a source of hope for many suffering from ailments including Alzheimer's disease, diabetes, spinal cord injury and cancer. While new therapeutic options are continually in development, progress has, until recently, been hampered by political and medical ethics arguments. Because of patient advocacy, new technologies are now advancing, from development of an artificial pancreas to the hope of culturing intact human organs. In this interview with The Life Sciences Report, Bernie Siegel, founder and executive director of the Genetics Policy Institute, describes recent progress and developments in the regenerative medicine universe.
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Wednesday, October 07, 2015
Don't Be Fooled: A Stealth Bull Market in Gold and Silver Is Underway / Commodities / Gold and Silver 2015
What gold and silver investors want to know above all is when the bull market will resume. In a very real sense, it already has resumed. Futures market prices aside, evidence abounds that a raging bull market in physical precious metals is now underway.
In the third quarter (ending September 30th), coin demand went through the roof. Mints literally couldn't keep up with demand. The dysfunctional U.S. Mint rationed deliveries of Silver Eagles, failing to fulfill its mandate under law of keeping the market supplied. Even so, investors bought up a record 18.59 million ounces' worth of silver Eagle coins in the past 4 months.
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Wednesday, October 07, 2015
Why the Iran Nuclear Deal Will Never Achieve Peace in the Middle East / Politics / Middle East
The latest development that the experts claim is undermining the Iran deal is Russia’s move to cement its alliance with Iran in Syria during last week’s meeting of 200 world leaders.
The Iran Nuclear Agreement is good for Middle East peace but neither the agreement nor the international unity forged in Vienna will be able to resolve the deep-rooted regional problems in the region.
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Wednesday, October 07, 2015
Stock Market VERY IMPORTANT Turn Date / Stock-Markets / Stock Markets 2015
It appears that I was closer to the truth than I had imagined when I said that yesterday’s (today’s) Pivot was more important than that on September 17. The Elliott Wave pattern shows today’s Intermediate Wave (B) as the orthodox retracement top, but not the high in the corrective formation. This is an irregular pattern and gives the message that SPX may be ready for a larger decline than previously imagined.
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Wednesday, October 07, 2015
Retirement Fears in China Ageing Economy / Economics / China Economy
The current economic mess in the developed world is easy to explain and hard to fix.
This is a demand-driven downturn, where aging populations choose to save more of what they earn, take on less debt, and generally rotate to a risk-averse world view.
The change isn’t new. It happens to almost all of us as we get older.
Wednesday, October 07, 2015
The 5th Convergence…An Economic & Financial Superstorm That Will Devastate America / Economics / Cycles Analysis
This morning we had to face some hard truths. The economy’s beginning to show its true colors.Last month the economy added just 142,000 jobs. August was revised substantially lower to just 136,000 jobs. Analysts were expecting 200,000-plus jobs growth like it would go on forever.
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