When There’s Blood In The Streets, There Is No Correct Price For Gold

Lobo Tiggre interviewed on Palisade Radio Lobo discusses the current consolidation in gold and the retesting of support levels. He cautions that some gold pundits focus too much on the supply-demand characteristics of gold while missing the bigger picture that gold is primarily a safe-haven asset. When there is blood in the streets, there is no correct … Read more

Hillary Clinton: I’m Facing ‘Enormous Pressure’ to Enter 2020 Race — I Want to ‘Retire’ Trump

VIDEO: Hillary Clinton: I’m Facing ‘Enormous Pressure’ to Enter 2020 Race — I Want to ‘Retire’ Trump [Video at the link] https://www.breitbart.com/clips/2019/11/12/hillary-clinton-im-facing-enormous-pressure-to-enter-2020-race-i-want-to-retire-trump/ Not one Dem has pressured her to run, only she has LMAO October, 2019 Senate Democrats tell Hillary Clinton: Time to move on Clinton would struggle to find any support from her old … Read more

Of Course There Was A Quid Pro Quo! That’s The Essence Of Washington’s “Foreign Aid”

via fff.org: Amidst all the political brouhaha regarding foreign aid, it is important that we keep in mind the nature and purposes of this particular federal program, as well as its related program, sanctions. Foreign aid is money that the U.S. government sends to certain foreign regimes. The purpose of the money is to secure loyalty … Read more

Debt Market Bubble’s Bursting – The ‘CLO Sausage Factory’ Is Stalling

Excerpted from Bill Blain’s Morning Porridge commentary, I’m intrigued by recent moves in CLOs – Collateralised Loan Obligations. They have been one of the strongest performing sectors of the bond markets for many years. Smart investors realised pooled corporate credit investments spread the risk across a wide range of borrowers, and following the 2008 Global Financial … Read more

Swiss National Bank’s Monetary Racket, US Stock Holdings & the Wild Ride of its Own Shares

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter We’ll also look at its garbage pile at the bottom. These folks don’t even pretend to be stock pickers. They buy and let it stick till it falls off on its own. The Swiss National Bank, which filed its disclosure of US stock holdings today with the SEC, has figured out … Read more

Bank Breakout Of Financial Crisis Highs or Double Topping Again?

by Kimble Charting If the saying “So Goes The Banks, So Goes The Broad Market” is true, banks are facing a critical breakout/resistance test in my opinion. This chart looks at Financials ETF (XLF) over the past 12-years. This chart reflects that a double top took place prior to the financial crisis getting started. XLF has remained inside of rising … Read more

Market technicals are extreme and point towards a top – Hedge Fund Telemetry

via hedgefundtelemetry: The global equity markets continue higher today on “trade optimism” once again. Equity bullish sentiment has been extreme on the upside and several secondary DeMark Countdown exhaustion signals have recycled and/or have secondary Countdowns triggering 13’s or are quite close. There’s some internals like very low put-call ratios, volume, lack of new 52 week … Read more

20 risks to markets in 2020

by WSBConsensus MarketWatch, Reuter’s, and WSJ. WSJ article is the best read if you want to understand how their book and its exotic products are structured. https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/59230682-AE52-11E9-B74D-5A69D8EB3890 https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1UI2TT https://www.google.com/amp/s/www.wsj.com/amp/articles/does-deutsche-bank-have-a-47-trillion-derivatives-problem-1475689629  

Fear of missing out on a rally replaces recession worry in the most widely watched investor poll

Bank of America Merrill Lynch’s regular survey of global fund managers finds investors have traded fears of recession for the “fear of missing out.” The investment bank’s latest survey of global fund managers found that cash levels posted their largest decline since President Donald Trump’s 2016 election. “The bulls are back…global recession concerns vanish and … Read more