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Donald Trump Blames Media for Falling Poll Numbers

GOP nominee blasts ‘the disgusting and corrupt media’

by Michael M. Phillips
Market Watch

Beset by sagging poll numbers, Republican presidential nominee Donald Trump is stepping up his attacks on news organizations, suggesting that biased coverage is turning the election against him.

In speeches, tweets and TV appearances, Trump and his backers in recent days suggested he would be ahead in the polls if the media didn’t favor his opponent, Democrat Hillary Clinton.

“If the disgusting and corrupt media covered me honestly and didn’t put false meaning into the words I say, I would be beating Hillary by 20%,” Trump tweeted Sunday.

Trump is under pressure from many in the GOP to steer his campaign beyond his signature incendiary comments and toward substance that might broaden his appeal.

Continue Reading at MarketWatch.com…

Insanity, Oddities and Dark Clouds in Credit-Land

by Pater Tenebrarum
Acting Man

Insanity Rules

Bond markets are certainly displaying a lot of enthusiasm at the moment – and it doesn’t matter which bonds one looks at, as the famous “hunt for yield” continues to obliterate interest returns across the board like a steamroller. Corporate and government debt have been soaring for years, but investor appetite for such debt has evidently grown even more.

[…] A huge mountain of interest-free risk has accumulated in investor portfolios and on bank balance sheets. Globally, more than $13 trillion in sovereign bonds trade at negative yields to maturity. In spite of soaring defaults, junk bond yields have collapsed again as well. In short, insanity rules in the bond markets.

Continue Reading at Acting-Man.com…

De-Dollarization is Now Assured – SDR Bonds Have Been Approved

by David Kranzler
Investment Research Dynamics

At Rory’s prescient behest, we have been way out in front of the curve on the Silk Road and on the issue of China using the IMF to push aside the dollar as the reserve currency. Casey Research finally caught up with their own Silk Road piece – more than a year after the Shadow of Truth was chatting about it.

Rory’s Daily Coin has been all over the restructuring of the IMF’s SDR, something on which the mainstream and alternative media has been conspicuously silent. As Rory reports below, the IMF has approved China’s issuance of an SDR-denominated sovereign bond issue:

Continue Reading at InvestmentResearchDynamics.com…

Investment Demand for Gold Breaks Records

Exceeding demand in the first half of 2009.

by World Gold Council
Mine Web

Global gold demand reached 2,335 tonnes (t) in the first half of 2016 with investment reaching record first half levels, 16% higher than the previous record in 2009, according to the World Gold Council’s latest Gold Demand Trends report.

The second quarter in 2016 continued in the same vein as the first quarter this year with overall gold demand growing to 1,050t, up 15% from the Q2 2015 figure of 910t, boosted by considerable and consistent investment demand. Investment demand reached 448t as investors sought risk diversification and a safe store of value in the face of continued political, economic and social instability. Exchange traded funds (ETFs) had a stellar first half of the year at almost 580t due to the additional inflows in Q2 of 237t. Bar and coin demand was also up in a number of markets in Q2, including the US at 25t (up 101%), leading to H1 bar and coin investment of 485t, 4% higher than the first half last year.

Continue Reading at MineWeb.com…

George Soros Hacked, Over 2,500 Internal Docs Released Online

from Zero Hedge

Last Thursday, as Bloomberg was gingerly setting the stage, and the preemptive damage control for what was about to be a historic leak, it did everything in its power to deflect attention from the key topic, namely that prominent liberal billionaire and Hillary supporter, George Soros had been hacked and countless documents were about to be leaked, and instead focus on the alleged identity of the hackers, the so-called DCLeaks, which – like all other “experts” – it positioned as yet another Russian government-sponsored operation.

To this we had one retort: “Far more important than the inane speculation on the hackers’ identity, is the now official disclosure – and warning – that Soros himself was hacked. Bloomberg writes that Open Society Foundations, the Soros group, reported the breach to the Federal Bureau of Investigation in June, according to spokeswoman Laura Silber, who added that an investigation by a security firm found the intrusion was limited to an intranet system used by board members, staff and foundation partners.”

Continue Reading at ZeroHedge.com…

Weekend Edition: Hillary’s Loophole – How She’ll Raise Your Taxes

from Casey Research

Editor’s note: Today’s essay is an important warning from Casey Research executive editor Dan Steinhart…

Right now, the government is planning a secret new tax. It involves a new way of taking money directly from your bank account…

Read on to see what you need to do to prepare—and be sure to check out the end of today’s essay for a special offer from Casey Research founder Doug Casey that closes tonight.

Continue Reading at CaseyResearch.com…

Gold Panic Selling

by Andrew Hoffman
Miles Franklin

After 15 years of “each day worse than the next” market manipulation – much of which, is done overtly – the thing that amazes me most is how few people care. Sure, hundreds of millions of Americans – and billions of foreigners – have neither the resources, intelligence, nor motivation to question authority; much less, in the opaque world of international finance. And quite obviously, one of human nature’s greatest flaws is the inability – or desire – to fight the consensus.

That said, survival instinct is man’s most powerful urge – and the last time I looked, the first amendment still allows the freedom of speech. Let alone, when the internet – and social media – enables the anonymous dissemination of truth. Thus, in a world where billions have been negatively impacted – in many cases, irreversibly so – by the callous, self-serving actions of a handful of sociopaths, how is it that so few discuss the obvious?

Continue Reading at MilesFranklin.com…

The World’s Purest Silver Producer Just Made A Stunning Forecast: Gold Could Go To $8000 Per Ounce, Silver To $200

by Mac Slavo
SHTF Plan

As stock markets around the world crashed in early January of this year amid panic selling, investors seeking safety began allocating their portfolios towards precious metals assets. While prices in almost every other asset class dropped precipitously, physical gold and silver, as well as the publicly traded companies that mine them, exploded to the upside. It was exactly the confirmation those on the sidelines had been looking for, as it proved that in the heat of crisis and confusion, money would flow to historical safe haven assets of last resort.

Continue Reading at SHTFPlan.com…

Something’s Gotta Give

by Lance Roberts
David Stockman’s Contra Corner

Yesterday, media headlines rang out:

“The Markets Just Did Something It Hasn’t Done Since 1999.”

It’s pretty amazing when you think about it for a moment. All three indices hit simultaneous new highs at a time when earnings, profitability, and economic data are deteriorating.

While much of the media analysts continue to suggest there remains a bearish attitude towards stocks, price action of the markets as compared to fundamental data suggests quite the opposite.

The chart below compares the current S&P 500 to both earnings and the annual ROC in GDP.

Continue Reading at DavidStockmansContraCorner.com…

Violence Erupts In America’s Heartland As Milwaukee Becomes The Latest U.S. City To Burn

by Michael Snyder
The Economic Collapse Blog

The city of Milwaukee, Wisconsin exploded in violence last night as the wave of chaos and civil unrest that is sweeping across America continues to intensify. At this point, many of our largest cities have become powder kegs of anger and frustration, and a full-blown riot can be set off with a single bullet. In this case, an armed suspect was shot and killed by Milwaukee police as he attempted to evade the police, and his death almost instantly set off pandemonium in the heart of the city. America is being ripped apart, and much more violence is coming. Decades of social decay and economic decline have fundamentally transformed many of our greatest cities, and tensions that have been simmering for a very long time are now being brought to a boil. Sadly, it seems quite likely that we will see even more rage, hatred and divisiveness in the months ahead.

Continue Reading at TheEconomicCollapseBlog.com…

Exposed: The Great Power Grab

by Brian Maher
Daily Reckoning

Better to be occasionally fooled than perpetually suspicious, an optimist once said. But when it comes to the globalist elite, nothing less than perpetual suspicion will do…

Daily Reckoning contributor John Mauldin recently posted an article by veteran economic analyst Charles Gave. And it was enough to give our curmudgeonly suspicions a real day at the races.

Would these monetary elites intentionally inflict economic chaos on millions of people… to increase their own power? An impertinent question, no doubt. Might as well ask if they’d put scorpions in babies’ cribs. But a former governor of the Bank of England says “yes!” It’s happened. Gave:

Continue Reading at DailyReckoning.com…

More ‘Dollar’ Details in Autos

by Jeffrey P. Snider
Alhambra Partners

With auto sales coming in exceptionally weak in the retail sales report today and given the importance of the auto sector in an otherwise awful economy, it makes sense to go further in detail to try to tease out corroboration. The Bureau of Economic Analysis provides a wealth of supplementary data on motor vehicles that it uses to construct GDP. It gives us a breakdown across vehicle segments, as well as domestic vs. imports.

Since the dollar figures prominently in everything over the past two years, we should be able to find a couple of expected effects related to its “rise.” The first is any oil price follow-through, as consumers should have been further attracted via the advertised savings in gasoline.

Continue Reading at AlhambraPartners.com…

Britain’s Vast National Gamble on Wind Power May Yet Pay Off

The London Array has shattered records, lifting renewables to 25pc of UK power earlier this year

by Ambrose Evans-Pritchard
Telegraph.co.uk

Wind power has few friends on the political Right. No other industry elicits such protest from the conservative press, Tory backbenchers, and free market economists.

The vehemence is odd since wind generates home-made energy and could be considered a ‘patriotic choice’. It dates back to the 1990s and early 2000s when the national wind venture seemed a bottomless pit for taxpayer subsidies.

[…] Pre-modern turbines captured trivial amounts of energy. The electrical control systems and gearboxes broke down. Repair costs were prohibitive.

Yet as so often with infant industries, early mishaps tell us little. Costs are coming down faster than almost anybody thought possible. As the technology comes of age – akin to gains in US shale fracking – the calculus is starting to vindicate Britain’s vast investment in wind power.

Continue Reading at Telegraph.co.uk…

Gold Bull Correction: Not an If, but When

Technical analyst Jack Chan charts indicators that confirm both the gold bull market and an impending correction.

by Jack Chan
The Gold Report

[…] Our proprietary cycle indicator is down.

[…] We are short GLD with a tight stop.

[…] As long as the dollar continues to consolidate, the expectation is a bullish breakout.

[…] The euro is inverse to the dollar, and the current consolidation may seem like eternity to short-term traders, but the previous consolidation lasted much longer before breaking down.

Summary

A bull market in gold and silver has been confirmed, but no bull market is sustainable on a nonstop price spike.

Continue Reading at TheAuReport.com…