Headlines - Oct 9/15


Headlines Oct 8/15


Goldman Sachs calls for Oil capitulation

Goldman analyst Currie (see video link below), says that in the aftermath of over-production booms where easy credit has spurred wild-eyed speculation, durable price bottoms are not reached until ‘believers’ capitulate, throw in the towel on rebound bets, and finally move whatever capital they have left to the sidelines or other sectors.  So far we have not seen this yet in the energy secotr, as every rally to date has brought another burst of hope–and production.

Headlines Oct 7/15


Headlines - Oct 6/15


What's next for gold?

We receive a lot of emails with questions & comments on gold. Most are critical that we are not more bullish on gold. Many claim that gold is being manipulated,  that soon we will see hyper inflation, & then gold will go to the moon.

Europe will see the first domino fall

The European banking system is in disarray because the reserves of these banks are made up of Sovereign Debt of other members. So if Greece defaults, then investors will be scrambling trying to see which bank had the most Greek debt on their books.

We have stated that starting the 4th Qtr of 2015, we would see the start of a Major Trend Change where confidence in government would begin to decline, to the point where confidence in government's ability to manage its debt would be greatly challenged.

Headlines - Oct 5/15


Your Questions Answered

We have received a number of questions over the past week & rather than reply to each individual, we wanted to share our answers with everyone.

Q. For months you have been forecasting a 'significant' correction in the stock market, after which, you stated that we would see the top in the bond markets, & then a strong rally in stocks. My question... is this current decline in the stock markets the correction that you were forecasting, & if so, when do we start buying back in?

Carl Ichan - Danger ahead

Carl Ichan on the coming crisis ahead. 

Headlines - Oct 2/15

  • Markets tumble on disappointing jobs data. Read story
  • US bond prices jump after disappointing jobs report. Read story
  • Russian oil output reaches post Soviet record. Read story
  • China's manufacturing continues to decline. Read story

Headlines - Oct 1/15

Headlines - Sept 30/15

  • Wall St higher, but indexes set for worst Qtr since 2011. Read story 
  • Russia start Syria strikes in support of Assad. Read story
  • Senate passes spending bill hours before shutdown deadline. Read story
  • US private sector adds 200,000 jobs in September, Read story

Headlines - Sept. 29/15

  • Consumer confidence in US unexpectantly rises. Read story 
  • US stocks edge higher on confidence data. Read story
  • Commodities in crisis as Asian shares tumble  Read story
  • European stocks falls as growth concerns persist. Read story

Headlines - Sept 23/15

  • Wall St opens little changed as Oil, Copper recover. Read story
  • Volkswagen CEO resigns amid  scandal. Read story
  • Draghi: More time needed to determine if more stimulus required. Read story
  • Gross: Mainstream Americans are being 'cooked alive' by low rates. Read story

US spends $500 million to train '4 or 5' Syrian fighters

From BBC....

A US scheme to train Syrian rebels to fight Islamic State (IS) militants has been branded a total failure after a US general admitted only four or five were still fighting.

Congress approved $500m (£323m) to train and equip around 5,000 rebels as a key plank of US strategy against IS.

Congress approved $500m (£323m) to train and equip around 5,000 rebels as a key plank of US strategy against IS.

But the first 54 graduates were routed by an al-Qaeda affiliate, Gen Lloyd Austin told lawmakers.

Headlines - Sept 18/15

  • Markets sell off around the world  Read story
  • Gold rallies, dollar falls in wake of Fed decision. Read story
  • Morgan's Dimon worried about potential violent moves in bonds. Read story
  • Alibaba's wipe-out leaves investors asking 'what comes next? Read story

Market Recap

Fed rate hike - do they or don't they?

Investors continue to grapple with whether or not the US Federal Reserve (Fed) will finally raise rates on Thursday.

Whether they pull the trigger tomorrow or not, at some point the Fed needs to start to "normalize" rates, as it hasn't raised rates since June, 2006, nine years ago.

Fed rate

US interest rate rise could trigger global debt crisis

How much debt do oyu have?

From the The Telegraph....

Debt ratios have reached extreme levels across all major regions of the global economy, leaving the financial system acutely vulnerable to monetary tightening by the US Federal Reserve, the world's top financial watchdog has warned.

Are all political parities the same?

From Global News...

What’s the difference between the NDP, Liberals, and Conservatives? It seems a good chunk of Canadian voters don’t really know, according to a new Ipsos poll.

Despite the leaders’ best efforts at every campaign stop to differentiate themselves from their opponents, 40% of Canadian voters agree that the Liberals, Conservatives, and NDP “are basically the same.”


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