Free Republic 1st Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $80,446
91%  
Woo hoo!! And now less than $7.6k to go!! Let's git 'er done!! Thank you all very much!!

Keyword: investing

Brevity: Headers | « Text »
  • Meet the man who could own Aviva France (Strange situation with an insurance contract)

    02/28/2015 1:09:32 PM PST · by 2ndDivisionVet · 1 replies
    The Financial Times Alphaville The Blog ^ | February 27, 2015 | Dan McCrum
    When he was seven years old, Max-Hervé George was given a magic ticket by his father. It lets him turn back the clock, to invest with perfect hindsight week after week, steadily accumulating a fortune. The ticket is a life insurance contract and Mr George, now 25, has fought for years in the French courts to preserve its magic. He could be a billionaire by the end of this decade and, by the end of the next, his contract would be worth more than the insurance company which stands behind it, Aviva France. There is no mystery to the financial...
  • Let's Talk Red Flags

    02/28/2015 9:54:41 AM PST · by Kaslin
    Townhall.com ^ | February 28, 2015 | Charles Payne
    The market has started to spin its wheels and that makes people nervous. I will lay out the red flags. I am not talking about the $18 trillion in government debt, the Fed's balance sheet, or the ticking time bomb of pensions, but trends that could arguably derail the stock market rally.Earnings are beating lowered estimates, but are yielding less than the twenty-year average. Sure, stock yields are attractive versus bond yields, but are they good enough to justify higher share prices? Here is the rub: consensus on earnings points lower and lower for this year, but it should reverse and...
  • The Fed Waited Too Long: Here Comes Inflation

    02/27/2015 11:07:24 AM PST · by blam · 42 replies
    EcoMatters - TMO ^ | 2-27-2015 | EcoMatters
    EcoMatters February 26, 2015 CPI Core Shows Inflation The drop in energy prices, had the knee jerk reaction that we were in a deflationary spiral, again markets get many things wrong on first blush. The drop in energy prices is inflationary in the overall economy, and today`s CPI report showed what a sophisticated analysis would forecast regarding inflation and the role that low energy prices play in the overall inflation equation. We are going to have a transfer from the food and energy components which rely heavily on energy costs into the core inflation reading as consumers have more money...
  • Commodity Prices Set To Plunge Below 2008 Lows

    02/26/2015 11:37:16 AM PST · by blam · 44 replies
    TMO ^ | 2-26-2015 | Austin Galt
    February 26, 2015 Austin Galt This analysis will cover the CRB Continuous Commodity Index, the US Dollar index and one of the main commodity currencies, the Australian dollar. We’ll begin with the CRB Continuous Commodity Index which comprises a mixture of components from sectors including energy, metals, soft commodities and agriculture. (snip)If this analysis is correct, it means a big deflationary spiral is dead ahead that will see market participants wide-eyed with fear. However, there should be a significant rally before then which will allow many to get their houses in order. And once this deflationary spiral has run its...
  • Gold Is the Worst Investment in History

    02/24/2015 12:07:38 PM PST · by C19fan · 57 replies
    Daily Finance ^ | February 5, 2015 | Brian Lund
    Nobody wants to be the bearer of bad news. Nobody wants to crush people's dreams. But in the world of investing, cold, hard facts, not dreams, are what make you money. And the fact of the matter is, historically speaking, buying gold is the worst possible investment you can make. I am very sensitive to the fact that what I just said has probably caused some readers to go apoplectic, and for that I apologize. I know that I will never convince the gold bugs, inflation hawks or doomsday preppers of this thesis, nor my own personal position that gold...
  • Gold Price $250 Forecast - Dear Harry Dent: Wanna Bet?

    02/19/2015 2:43:10 PM PST · by blam · 56 replies
    TMO ^ | 2-19-2015 | Jeff Clark
    February 18, 2015 Jeff_Clark Some of you may be aware that investment guru Harry Dent has publicly stated that gold will fall to $250-$400. He specifically predicted: Around $700/ounce is a certainty in gold by 2015 to 2016, and $250 is a possibility well down the line by 2020–2023. His forecast is largely based on his belief that deflation will prevail. Governments are fighting deflation. If government stimulus fails, we will have deflation, not inflation. (snip) As a gold analyst who’s spent every day of the last seven-plus years watching this market, I can’t let this pass. I’m sure gold...
  • The Trillion-Dollar Pension Crisis Is Only Getting Worse Because People Are Living Too Long

    02/16/2015 10:47:39 AM PST · by blam · 22 replies
    BI ^ | 2-16-2014 | John Mauldin
    John Mauldin February 16, 2015We do not have to look to Greece to find massively underfunded obligations. Here in the US we can find hundreds of examples, willingly created by politicians and businessmen who proclaim they are working for the public good. We call them pension funds, but they’re just another form of unfunded debt. A sovereign bond is a promise to pay a certain amount of money over time. A defined-benefit pension fund is a promise to pay a certain amount of income over time. The value of either is determined by the ability of the government or the...
  • The Future Of The US Economy In One Chart (Happy Days)

    02/10/2015 5:17:57 AM PST · by blam · 4 replies
    BI ^ | 2-10-2015 | Myles Udland
    Myles Udland February 9, 2015 Millennials are storming back into the work force. Friday's monthly jobs report showed that in January nonfarm payrolls grew by 257,000 in the US. And with revisions to recent reports, the past three months were the strongest for job creation in the US in 17 years. The main driving force behind this trend? Millennials. Workers between the ages of 25 and 34 have been surging back into the workforce over the past several years, with this trend really taking off in 2014. (snip)
  • This is a Fund That Spans All American Stocks

    02/03/2015 8:13:36 AM PST · by Kaslin · 3 replies
    Townhall.com ^ | February 3, 2015 | Doug Fabian
    This featured fund is broader than some of those covered previously in our current series about the world’s largest exchange-traded funds (ETFs). The market’s fourth-largest ETF is simply one to invest in when you think times are good and things are looking up across the board in the United States: Vanguard Total Stock Market ETF (VTI). VTI is less discriminatory than the other U.S. funds we have examined, since it tracks an index that includes nearly every stock in the U.S. market that is open to investment. The fund’s holdings run the gamut from large to small and value- to...
  • Democrats Won't Like Why The Job Market Is So Hot

    01/31/2015 3:50:52 PM PST · by blam · 31 replies
    Bi - The Economist ^ | 1-31-2015 | The Eonomist
    The Economist January 31, 2015America's labour market boomed in 2014. By December there were 3m more people in work than a year earlier. Unemployment was 1.1 percentage points lower. The ratio of jobseekers to openings fell from a peak of seven to one in 2009 to two to one in November 2014. What was behind this? The answer in a new study will not please Democrats. The job market is hot largely because of a cold-hearted Republican reform, it concludes. Before the financial crisis, jobless workers in most states qualified only for 26 weeks of unemployment benefits. In June 2008...
  • "Equities Will Be Devastated" Odey Warns, Looming Recession Will Be "Remembered For 100 Years"

    01/28/2015 6:14:36 AM PST · by blam · 24 replies
    Zero Hedge ^ | Crispin Odey - Tyler Durden
    Tyler Durden - Crispin Odey January 28, 2015 "I think equity markets will get devastated," warns famed $12bn AUM hedge fund manager Crispin Odey in his latest letter to investors. Having been one of the biggest bulls of this particular central bank artificial-bull cycle, his dramatic bearish tilt (as we discussed what he thinks are the biggest risks underpriced by the market previously), is notable. Finally, Odey fears major economies are entering a recession that will be "remembered in a hundred years," adding that the "bearish opportunity" to short stocks looks as great as it was in 2007-2009. Odey Asset...
  • This Report Is A Terrible Sign For The Economy

    01/27/2015 7:35:52 AM PST · by blam · 39 replies
    BI ^ | 1-27-2015 | Myles Udland
    Myles Udland January 27, 2015It is officially a horrible morning for the economy. After the global manufacturing giant Caterpillar had poor fourth-quarter results and gave a gloomy outlook for 2015, economic data from the US has added to more bad news for the economy Tuesday morning. Durable goods orders were a HUGE miss, declining 3.4% against expectations for a 0.3% increase. Durable goods orders excluding defense and transportation orders, referred to as "core" capex, declined 0.6% in December. Last month's numbers were also revised sharply lower, with November's orders revised down to -2.1% from a prior number of -0.7%. Following...
  • The US Economy Continues To Look Stronger And Stronger

    01/26/2015 10:09:04 AM PST · by blam · 21 replies
    BI ^ | 1-26-2015 | Sam Ro
    Sam Ro January 26, 2015There's nothing wrong with using a little borrowed money to finance purchases. For businesses, financing with debt is cheaper than financing with equity. One of the things that's dragged on the economic recovery has been the deleveraging of consumer and business balance sheets. Specifically, everyone scaled back on the amount of debt they held, which means their assets shrank, too. However, that trend has reversed noticeably. "The Fed’s weekly bank lending data (released Friday) shows a continued acceleration in credit growth in the first two weeks of 2015, see chart below," Deutsche Bank's Torsten Slok said....
  • What Experts Say about This Past Week--Investment & Finance Thread Jan. 25

    01/25/2015 10:11:11 AM PST · by expat_panama · 107 replies
    Weekly investment & finance thread ^ | Jan. 25, 2015 | Freeper Investors
    Considering the top headlines were about soft footballs this has to have been an easy no-brainer week for investments.  Maybe; here's what he experts are telling us:                     [excerpt from Investors Business Daily At Davos, Hypocrites Tell Rest Of Us To Lower Expectations]Former Vice President Al Gore listens to singer Pharrell Williams... [snip]...talking, of course, about the annual confab at Davos, Switzerland, ...[snip] "The purpose," said former vice president and climate-change entrepreneur Al Gore, standing with hip-hop star Pharrell Williams, "is to have a billion voices with one message, to demand climate action now." OK, so how about you flying commercial,...
  • The Weekend Is Over And Crude Oil Is Getting Smoked Again ($44.45)

    01/25/2015 5:10:15 PM PST · by blam · 51 replies
    BI ^ | 1-25-2015 | Myles Udland
    Myles UdlandJanuary 25, 2015 Good evening! The weekend is over in New York and near 7:05 pm ET, the price of West Texas Intermediate crude oil was down another 2.5% to $44.45 a barrel.(snip)(snip)
  • The Most Economically-Correlated Commodity Is Flashing Red (Lumber)

    01/22/2015 5:58:17 AM PST · by blam · 29 replies
    Zero Hedge ^ | 1-22-1015 | Tyler Durden
    Tyler Durden 01/21/2015 While Crude Oil and Dr. Copper are often cited as economic indicators, as @Not_Jim_Cramer notes, in fact Lumber prices are the most correlated with ISM and GDP of all industrial commodities. That is a problem. Lumber prices are tumbling and are breaking the 6-year up-trend that has 'proved' the recovery. With no CCFD manipulation and less financialization than crude, perhaps Lumber is the real canary in the economic collapse coalmine... Lumber is the most correlated to ISM and GDP of all the industrial commodities... and that is not good for the US economy...
  • Get Ready For The Worst Inflation Number In 6 Years

    01/15/2015 9:39:57 PM PST · by blam · 54 replies
    BI ^ | 1-15-2015 | Myles Udland
    Myles Udland January 15, 2015 The crash in oil prices might be good for consumers, but it's terrible for inflation data. The US Bureau of Labor Statistics is set to release the consumer price index on Friday morning at 8:30 ET. The index is a measure of consumer prices, and the most popularly cited measure of inflation. Expectations are for headline inflation to fall 0.4% in December compared to the prior month, which would be the largest month-on-month decline since December 2008. Compared to last year, headline inflation is set to rise 0.7%. "Core" inflation — which strips out the...
  • One Of The Best Predictors Of Recessions Is Rapidly Approaching The Here-Comes-A-Recession Level

    01/15/2015 9:16:59 AM PST · by blam · 45 replies
    BI ^ | 1-15-2015 | Myles Udland
    Myles Udland January 15, 2015 Here's a word no one wants to hear: "recession." Headline payroll gains were strong in 2014 and GDP growth has been above 3% in four of the last five quarters. So everything is good, right? Well, one indicator that has a perfect record of predicting recessions is creeping towards some uncomfortable levels: the yield curve. The yield curve, or the interest rate paid on the range of US Treasury bonds, typically ranges from low to high: the shortest duration bills are paid the least interest, with investors earning additional yield for lending the government for...
  • Wall Street Just Got Exactly What It Wished For, But It Wasn't Ready For It

    01/15/2015 9:11:30 AM PST · by blam
    BI ^ | 1-15-2015 | Linette Lopez
    Linette Lopez January 15, 2015The story on Wall Street this earnings season is a classic case of, "be careful what you wish for; you just might get it." Since Wednesday, when Wall Street started reporting its earnings for the last quarter of 2014, we have seen an across-the-board beatdown on trading revenues. •A 23% drop in bond trading (from the same time last year) contributed to JP Morgan's earnings miss. •Citigroup's trading revenue fell by 14% overall, and bond trading fell 16% from this time last year. •And sales and trading revenue at Bank of America fell 20% from the...
  • HERE IT IS: SocGen's Intense Chart With The Swans

    01/15/2015 6:32:17 AM PST · by blam · 4 replies
    BI ^ | 1-15-2015 | Elena Holodny
    Elena Holodny January 15, 2015Societe Generale is out with its latest quarterly chart of "swan" risks — and it's looking pretty ominous. Technically speaking, "black swan" risks are by definition nearly impossible to predict — and when they come, it's bad. But the point that SocGen's swan chart is trying to show is there are economic and geopolitical risks stewing that could seriously rock the economy and the markets if they occur. Once again, further deterioration in the eurozone area is the most significant downside risk. The risk of a hard economic landing in China "somewhat eased," according to SocGen....
  • BAML: Dr. Copper Is Shouting 'Sell' Chinese Stocks

    01/14/2015 3:10:05 PM PST · by blam · 9 replies
    BI ^ | 1-14-2015 | Myles Udland
    Myles Udland January 14, 2015Copper took turn for the worst on Tuesday night, falling more than 6% to below $2.50 per pound in New York, a fresh four-year low. In a note to clients on Wednesday, David Cui at Bank of America Merrill Lynch said this not sending a good signal to the white hot Shanghai stock market, which was the world's best performing stock market in 2014. Cui wrote that given the widespread use of copper in the Chinese economy, a drop demand — and a resulting drop in price — is often a good indicator of economic health...
  • The Market Rally Is Gone

    01/13/2015 11:00:42 AM PST · by blam · 15 replies
    BI ^ | 1-13-2015 | Myles Udland
    Myles Udland January 13, 2015 Stocks have erased all of today's gains, and they're now slightly in the red. Just after 1:30 Tuesday, the Dow was up just 21 points (0.1%), the S&P 500 was down 0.1 point (-0.0%), and the Nasdaq was up 17 points (+0.3%). At its highest level, the Dow was up by 283 points. On Tuesday, the price of oil was falling again, with West Texas Intermediate crude slipping below $45 a barrel for the first time since April 2009 as the commodity just cannot find a bottom. (snip)
  • Enjoy The Ride On The Inflation/Deflation Rollercoaster

    01/12/2015 7:29:48 PM PST · by blam · 18 replies
    TMO ^ | 1-12-2015 | Michael Pento
    January 12, 2015Michael Pento Politicians and central bankers are desperately trying to convince investors that the economy has returned to what they deem as a “pre-crisis normality”. But the truth is the global economy has never been in a more fragile condition. In an example of just how precarious the Fed-engineered asset bubbles have become, all of the 2014 U.S. equity market gains were wiped out by just a few really bad trading days in October. The Dow Jones, S&P 500 and the NADAQ averages were all negative after the first 10 months of last year. Investors were better off...
  • 2015: The Year Of The Global Economic Slump?

    01/09/2015 6:30:45 PM PST · by blam · 3 replies
    TMO ^ | 1-9-2015 | Alasdair Macleod
    January 09, 2015 Alasdair_Macleod 2014 ended with two ominous developments: the strength of the US dollar and a collapse in key commodity prices. It is tempting to view both events as one, but the continuing fall in oil prices through December reveals they are sequential: first there was a greater preference for dollars compared with other currencies and this still persists, followed by a developing preference for all but the weakest currencies at the expense of raw materials and energy. These are two steps on a path that should logically lead to a global slump. Dollar strength was the first...
  • Russia's Downgrade Paints A Horrific Picture Of Economic Collapse

    01/09/2015 6:09:24 PM PST · by blam · 50 replies
    The Telegraph (UK) - BI ^ | 1-9-2015 | The Telegraph (UK)
    The Telegraph (UK) January 9, 2015 Fitch has downgraded Russia's credit rating and painted a horrific picture of a struggling economy rocked by a collapsing rouble, falling oil prices, high inflation and declining international reserves. The ratings agency cut the country to BBB- from BBB with a negative outlook, meaning further downgrades are possible. But it was the language Fitch used in its reasoning that was most shocking. Russia's economic outlook "has deteriorated significantly" in just six months, Fitch stated. Gross Domestic Product will shrink 4pc this year, the agency added, far worse than the 1.5pc contraction it previously expected....
  • The Hoarder, The Miser, The Gold And Silver Investor

    01/09/2015 11:17:46 AM PST · by blam · 11 replies
    TMO ^ | 1-9-2015 | Dr Jeff Lewis
    January 09, 2015 Dr Jeff Lewis A subscriber sent me the following note recently: You know I was driving home tonight and was observing all the cars building etc. I thought maybe I am nuts this can't all stop. Then I also said to myself this is an illusion that massive un-payable debt has created. I hope for all of our sakes the former wins because the latter would be unbearable. Do you honestly believe a collapse war and poverty is truly going to happen? What's the difference even if you have a ton of silver people just would take...
  • ECONOMIST WARNS: Deflation Is Coming To The US

    01/08/2015 11:11:38 AM PST · by blam · 44 replies
    BI ^ | 1-8-2015 | Shane Ferro
    Shane FerroJanuary 8, 2015Deflation is coming. In a new note to clients, BNP Paribas's Laura Rosner writes that low oil prices could drag headline inflation in the US into negative territory in the first two quarters of 2015. Rosner writes: Under our new forecast, the quarterly y/y rate of headline inflation falls below zero in Q1 and Q2 2015 (-0.3% and -0.4%, respectively). We still expect the energy price shock to have only transitory effects (maximum impact in 2015) and limited pass through into core, though we will be re-evaluating that assumption over time. Our forecast assumes household and business...
  • Deflation And The Year Ahead

    01/07/2015 5:24:51 AM PST · by blam · 5 replies
    TMO ^ | Clif_Droke
    Januarary 07, 2015 Clif_Droke Stocks were hit by selling pressure on Monday as the S&P 500 (SPX) declined 1.83% and the Dow 30 shed 1.86%. The energy sector bore the brunt of the selling with the NYSE Oil Index declining 4.61%. Crude oil prices also dropped nearly 5% for the day to close at 5 ½-year lows. Fears that Greece may exit the euro zone are being blamed on the latest broad market decline. Upcoming elections in Greece have spooked many investors, who feel that the country's exit from the euro zone would be disastrous. The most likely reason for...
  • Stocks Are Getting Crushed Again (It's Ugly Out There) (Oil $47.91)

    01/06/2015 10:43:26 AM PST · by blam · 12 replies
    BI ^ | 1-6-2015 | Myles Udland
    Myles Udland January 6, 2015 It's ugly out there. Near 1:15 pm ET on Tuesday, stocks were near their worst levels of the day as oil was tumbling again. The Dow was down 214 points, the S&P 500 was down 25 points to fall back below 2,000, and the Nasdaq was down 77 points. All the major indexes were down more than 1.2%, with the Nasdaq down 1.6%. CNBC's Scott Wapner has said on-air on Tuesday that we are currently looking at the worst three-day drop in the S&P 500 to start a year ever. The major averages opened higher...
  • OIL CRASHES, DOW FALLS 330: Here's What You Need To Know

    01/05/2015 4:01:35 PM PST · by blam · 24 replies
    BI ^ | 1-5-2015 | Myles Udland
    Myles Udland January 5, 2015The first full week of 2015 got off to a terrible start, with the major stock indexes getting crushed and the price of oil crashing to new lows. First, the scoreboard: • Dow: 17,501.6, -331.3, (-1.86%) • S&P 500: 2,020.6, -37.6, (-1.83%) • Nasdaq: 4,652.6, -74.2, (-1.57%) And now, the top stories on Monday: 1. As was the case for the last few months of 2014, 2015 started with just one thing at the top of investors' minds: the price of oil. On Monday, West Texas Intermediate crude oil broke below $50 for the first time...
  • GUNDLACH: The Consensus Is Wrong — Interest Rates Could Sink To Levels We Haven't Seen In Decades

    01/03/2015 6:26:23 AM PST · by blam · 23 replies
    BI ^ | 1-3-2015 | Sam Ro
    Sam Ro January 3, 2015January 2015 is looking a lot like January 2014. The US economy has been improving, the unemployment rate has been coming down, and the Federal Reserve has been increasingly prepping the world for tighter monetary policy. For most bond market experts, all that means US interest rates are going to head up, especially considering the fact that rates have been falling for three decades. But Jeff Gundlach is not like most bond market experts. A year ago this month, Gundlach, the head of DoubleLine Funds, went contrarian and correctly predict rates would fall. In a new...
  • 2015 Will Be The Year Of Dollar Danger For The World

    01/01/2015 7:11:51 AM PST · by blam · 19 replies
    BI - The Telegraph (UK) ^ | 1-1-2015 | Ambrose Evans-Pritchard
    Ambrose Evans-Pritchard, The Telegraph (UK) January 1, 2015America’s closed economy can handle a surging dollar and a fresh cycle of rising interest rates. Large parts of the world cannot. That in a nutshell is the story of 2015. Tightening by the US Federal Reserve will have turbo-charged effects on a global financial system addicted to zero rates and dollar liquidity. Yields on 2-year US Treasuries have surged from 0.31pc to 0.74pc since October, and this is the driver of currency markets. Since the New Year ritual of predictions is a time to throw darts, here we go: the dollar will...
  • How Could Gold Bugs Have Been So Wrong In 2014?

    12/30/2014 11:33:06 AM PST · by blam · 156 replies
    TMO ^ | 12-30-2014 | John_Rubino
    December30, 2014 John_Rubino Twelve short months ago, the immediate future looked like a lock. Overvalued equities had to fall, ridiculously-low interest rates had to rise, and beaten-down precious metals had to resume their bull market. The evidence was overwhelming. Debt in the developed world had risen to $157 trillion, or 376% of GDP, by far the highest level on record and clearly unsustainable. Long-term US Treasury rates had been falling for literally three decades and despite a recent uptick were so low that the only way forward seemed to be up. Europe and Japan were drifting into recessions that could...
  • 5.0% GDP! (Happy Days)

    12/23/2014 6:43:10 AM PST · by blam · 53 replies
    BI ^ | 12-23-2014 | Sam Ro
    Sam Ro December 23, 2014America is just killing it. Q3 GDP growth was just revised up to 5.0% from last month's estimate of 3.9%. This is the fastest pace of growth since Q3 2003. This was also much stronger than the 4.3% expected by economists. "The increase in real GDP in the third quarter primarily reflected positive contributions from PCE, nonresidential fixed investment, federal government spending, exports, state and local government spending, and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, decreased," the BEA said. Personal consumption growth was revised up to 3.2% from 2.2%....
  • An Economic Indicator That Predicted The Last 7 Recessions Predicts No Recession Any Time Soon

    12/18/2014 8:03:43 PM PST · by blam · 23 replies
    BI - Guggenheim Partners ^ | 12-18-2014 | Scott Minerd
    Scott Minerd, Guggenheim Partners December 18, 2014 Plunging oil markets and faltering growth expectations around the world have raised fears about the sustainability of the current U.S. economic expansion. The economic data, though, suggest that these fears are largely unfounded. The Conference Board’s Leading Economic Index, which is made up of 10 forward-looking economic and financial indicators, has not fallen since January and has been gaining momentum throughout the year. (snip)
  • Seven Questions Gold Bears Must Answer?

    12/09/2014 9:35:03 AM PST · by blam · 17 replies
    TMO ^ | 12-9-2014 | Jeff Clark
    December 09, 2014 Jeff Clark A glance at any gold price chart reveals the severity of the bear mauling it has endured over the last three years. More alarming, even for die-hard gold investors, is that some of the fundamental drivers that would normally push gold higher, like a weak US dollar, have reversed. Throw in a correction-defying Wall Street stock market and the never-ending rain of disdain for gold from the mainstream and it may seem that there’s no reason to buy gold; the bear is here to stay. If so, then I have a question. Actually, a whole...
  • Gold Surges To October Highs, Snaps Japanese Linkages

    12/09/2014 7:38:07 AM PST · by blam · 19 replies
    Zero Hedge ^ | 12-9-2014 | Tyler Durden
    Tyler Durden 12/09/2014 Gold prices have surged this morning to their highest since October (over $1221) as leveraged hot money greatly rotates its repo-driven way out of risk assets and into Greenspan's alternative currency. However, there is a bigger problem for the biggest pairs trade that no one is discussing - apart from us - the decoupling of the long Nikkei, short gold trade as the repo market folds in on itself from the suck out of $80 billion in collateral by China... Gold back at its highest since October...(snip)
  • Shanghai Stocks Just Went Into A Major Sell-Off

    12/09/2014 5:07:36 AM PST · by blam · 10 replies
    BI ^ | 12-9-2014 | Mike Bird
    Mike Bird December 9, 2014 Chinese stocks just saw a colossal sell-off late in trading, sending the Shanghai Composite index from a small increase to a 5.43% crash, the biggest in five years. Here's how it looked:(snip)
  • New Signs Gold And Silver Are Returning As Monetary Assets

    12/04/2014 6:41:45 PM PST · by blam · 22 replies
    TMO ^ | 12-4-2014 | Stefan Gleason
    December 04, 2014 Stefan Gleason writes: Much to the chagrin of the financial elite, gold and silver are reentering the American consciousness and starting to shake the wing nutty image of their recent past. But it’s taken a global financial crisis to get the public’s attention – one that could wipe out our nation at almost any moment. The U.S. government’s role in the economy is on a seemingly interminable upward trajectory. The government’s official debt balance that just crossed the $18 trillion mark (with additional unfunded liabilities estimated at more than $100 trillion). Half the population now lives in...
  • China Looks Bad, Europe Looks Worse

    12/03/2014 5:58:31 AM PST · by blam · 5 replies
    BI - Reuters ^ | 12-3-2014 | Jonathan Cable
    Jonathan Cable, Reuters December 3, 2014LONDON (Reuters) - The euro zone economy may face another contraction after business activity grew less than expected in November despite heavy discounting, surveys on Wednesday showed, although Asian readings were more upbeat. Firms across the euro zone cut prices again. That, and signs that the bloc's core economies are struggling, will concern the European Central Bank which has launched a raft of measures to revive growth and drive up dangerously low inflation. In contrast, a survey covering China's services industry showed slightly faster expansion. But after data on Monday said manufacturing growth was its...
  • Latin America Is Grinding To A Halt

    12/02/2014 9:06:50 PM PST · by blam · 28 replies
    BI ^ | 12-2-2014 | Paulina Abramovich
    Paulina Abramovich, AFP December 2, 2014Santiago (AFP) - Latin America's economies, hit by falling investment, will grow just 1.1 percent in 2014 -- their lowest level in five years, a UN commission on the region said Tuesday. The poor performance of several of Latin America's biggest economies dragged down growth across the region, found the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). Argentina's economy will contract by 0.2 percent this year and Venezuela's by 3.0 percent, it said. Regional giant Brazil's will grow just 0.2 percent. The figures are the latest confirmation of the end of...
  • Gold Surges Over $50 Off Overnight Lows; Commodities Bouncing As Dollar Weakens

    12/01/2014 7:05:44 AM PST · by blam · 12 replies
    Zero Hedge ^ | 12-1-2014 | Tyler Durden
    Tyler Durden 12/01/2014After last night's big flush across commodities, they have rallied notably. Gold is now up over $50 from those lows, with Silver, copper, and even crude bouncing hard (after testing below $64 overnight). The USD is notably weaker, stocks lower, and bond yields testing mid-October flash-crash Bullard lows...(snip)
  • Deflation Is Going To Cause A Scary New Kind Of Debt Crisis

    12/01/2014 6:37:55 AM PST · by blam · 19 replies
    BI - Money Week ^ | 12-1-2014 | Merryn Somerset Webb
    Merryn Somerset WebbDecember 1, 2014 Russell Napier is a financial historian and the founder of ERIC, an online research firm that aims at connecting analysts and investors. Here he talks to Merryn Somerset Webb about the next deflationary bust – why it’s coming, what it means for you, and how you can survive it. Merryn Somerset Webb: Let’s start at the beginning. You are a firm believer, as I understand it, in the idea that we live in a deflationary environment and there’s almost nothing that central banks can do to change that. So, maybe talk a little bit about...
  • OPEC Risks Seeing $60 Oil If It Doesn't Make A Big Move This Week

    11/24/2014 11:02:17 AM PST · by blam · 38 replies
    BI Reuters ^ | 11-24-2014 | Claire Milhench
    Claire Milhench November 24, 2014 Oil prices could plunge to $60 a barrel if OPEC does not agree a significant output cut when it meets in Vienna this week, market players say. Brent crude futures have fallen 34 percent since June to touch a four-year low of $76.76 a barrel on Nov. 14, and could tumble further if OPEC does not agree to cut at least 1 million barrels per day (bpd), commodity fund managers say. "The market would question the credibility of OPEC and its influence on global oil markets if there was no cut," said Daniel Bathe, of...
  • The Secret Advantage Gold/Silver Owners Have Over Everyone

    11/20/2014 6:40:09 PM PST · by blam · 41 replies
    TMO ^ | 11-20-2014 | Guy Christopher
    Nov 20, 2014Guy Christopher Guy Christopher writes: A lot of folks took advantage of recently falling gold and silver prices to beef up their precious metals holdings. Those adding to their portfolios understood the old adage of buying low and selling high. Unfortunately, others wait until dollar values of gold and silver have zoomed before deciding to convert their paper money. Still, most make buying decisions for their own good reasons. They either have the confidence of their convictions, or they have good questions still unanswered. One of the frequent questions we get at Money Metals Exchange is a good...
  • Japan Is Dying And We Still Don’t Get It?!

    11/18/2014 10:41:06 AM PST · by blam · 25 replies
    Market Oracle ^ | 11-18-2014 | Raul I Meijer
    November 18, 2014 Raul I Meijer What is it with us? Don’t we WANT to understand? Japan announced on Monday that its economy is in hopeless trouble and back in recession (as if it was ever out). And what do we see? ‘Experts’ and reporters clamoring for more stimulus. But if Japan has shown us anything over the past years, and you’re free to pick any number between 2 and 20 years, it’s that the QE-based kind of stimulus doesn’t work. Not for the real economy, that is. The land of the setting sun has during that time thrown so...
  • Former Goldman Banker Reveals The Path To The Next Depression And Stock Market Collapse

    11/12/2014 6:26:38 AM PST · by blam · 17 replies
    Zero Hedge ^ | 11-12-2014 | Tyler Durden
    Tyler Durden 11/11/2014 A funny thing happened on the way to the ‘end’ of the multi-trillion dollar bond buying program known as QE - the Fed chronicles. Aside from the shift to a globalization of QE via the European Central Bank (ECB) and Bank of Japan (BOJ) as I wrote about earlier, what lingers in the air of “post-taper” time is an absence of absence. For QE is not over. Instead, in the United States, the process has simply morphed from being predominantly executed by the Federal Reserve (Fed) to being executed by its major private bank members. Fed Chair,...
  • A Tiny Firm That Saw The 1929 Crash Coming Sees Trouble For 2015

    11/10/2014 6:31:14 AM PST · by blam · 31 replies
    BI ^ | 11-10-2014 | Elena Holodny
    Elena Holodny November 10, 2014A small firm that predicted the market crash back in 1929 is back with an ominous message. According to Bloomberg, the Jerome Levy Forecasting center sees a 65% chance of a recession in 2015. "Clearly the direction of most of the recent global economic news suggest movement toward a 2015 downturn," said David Levy, the chairman of the Jerome Levy Forecasting Center. Levy's forecasts contrasts with the Wall Street consensus, which is confident growth will continue for years. Back in 1929, Jerome Levy — grandfather of now chairman David Levy — "didn't like what he saw...
  • Gold Is Getting Destroyed ($1140 Oz)

    11/05/2014 6:17:31 AM PST · by blam · 67 replies
    BI ^ | 11-5-2014 | Elena Holodny
    Elena Holodny November 5, 2014 Gold is getting crushed. Again. The yellow metal is at $1,140 per ounce, down by about 2.3%. It got as low as $1,137. This is the lowest level since April 2010. Gold has been dropping to new lows for several weeks as the dollar has strengthened. Oil is another commodity that is tumbling again. WTI crude oil prices dropped as low as $75.84 per barrel shortly after 5 a.m. ET. Brent crude touched $81.63. While this is great for consumers, this is troubling for the oil producers, who may be forced to idle unprofitable projects....
  • There Are Alarming Economic Similarities Between Now And 1873

    11/04/2014 6:13:34 PM PST · by blam · 2 replies
    BI ^ | 11-4-2014 | John Mauldin
    John MauldinOctober 4, 2014“The significant problems that we have created cannot be solved at the level of thinking we were at when we created them.” – Albert Einstein “Generals are notorious for their tendency to ‘fight the last war’ – by using the strategies and tactics of the past to achieve victory in the present. Indeed, we all do this to some extent. Life's lessons are hard won, and we like to apply them – even when they don't apply. Sadly enough, fighting the last war is often a losing proposition. Conditions change. Objectives change. Strategies change. And you must...