Financial Repression – Governments Boost Their Coffers And Hold Down Interest Rates
Treasury Secretary Jacob Lew said the government will run out of money to pay its bills sooner than previously thought around November 5, 2015. Lacking sufficient cash, it would be impossible for the United States of America to meet all of its obligations for the first time in our history. Again, another year, to increase […]
Can This Food & Beverage Giant Surprise Investors In This Quarter’s Earnings Report?
Pepsi Co. (PEP) will report its third-quarter earnings Tuesday before the market opens. Wall Street analysts are anticipating an EPS of $1.27 and Revenue of $16.19 Billion. The Estimize consensus is more optimistic, expecting an EPS of $1.30 and Revenue of $16.28 Billion. Can the North American Business Provide Growth? Pepsi Co’s North American Business consists […]
A Global Recession Is Coming… And It Won’t Be Pretty
Syracuse, Sicily – “When in doubt, go to Italy” is the saying. We are always in doubt. What better place to go? Today, a warning about why a global recession is now likely. But first, an update on Sicily… where we’ve spent the last few days exploring. Sicily is not exactly Italy. It sits in […]
There Is No Rally – Yet
Do not be fooled by the headlines or talking heads on TV. I am a great believer in Technical Analysis but I’m not a day trader. I look at trends in technical data from as short as 14 days to as long as 1 year plus a whole lot of technical trends with time frames […]
America Is A Time Bomb: Next Dollar Crash Will Be The Last
In his latest appearance on InfoWars with Alex Jones, Peter Schiff discussed the Friday jobs report numbers. Peter explains why he thinks the United States could be facing an official recession if third quarter GDP growth turns out to be negative. Peter and Alex also discussed how the world is losing its confidence in American […]
The Sky Is Not Falling…Yet
The Employment Report on Friday was bad – but it wasn’t the unmitigated disaster that the consensus seems to have spun it into. It is true that there were no bright spots. It is true that the net number of new jobs added was worse than consensus and indeed worse than some of the more pessimistic expectations. […]
NAV Premiums Of Certain Precious Metal Trusts And Funds – October 5, 2015
Since the last time I had updated their statistics on September 30, both of the Sprott Precious Metals Trusts lost a little bullion, presumably to redemptions. If they were bullion sales to raise cash, then they have no yet updated the cash levels with it. Sprott Silver declined by 10,800 ounces, and Sprott Gold by […]
Markets Post Gains – Breakout In Dow And Semiconductor Index
A fresh day of gains keeps bullish momentum running in healthy action. The Dow was the first index to break past declining resistance established by July – August declining trendline. Volume also climbed to register accumulation. The Semiconductor Index was another to make a move higher. It cleared declining resistance and the 50-day MA. Better […]
Recession-Testing Your Portfolio
There is correlation between economic phases and sector performance. Which funds will best ride the wave? If you subscribe to common wisdom, the late-summer market selloff must have you thinking about the potential for a true recessionary slide. After all, the stock market looked like it had topped out after a stunning six-year run. Many […]
EURGBP: Risk Remains Lower Below The 0.7421/42 Zone
EURGBP: With the cross turning off the 0.7442 level the past week to close slightly higher on rejection candle, further downside pressure is envisaged. It gave up its intra day gains to close flat on Monday leaving risk of further move lower. This view remains valid below the mentioned resistance zone. On the upside, resistance […]
