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Gold Soars and Stock Futures Plunge over Fed Minutes

Madrid (July 10) Gold prices jumped sharply on Thursday for a second straight day of gains, while stock futures tumbled as the reality of the Federal Reserve’s end to its bond-buying program began to gel with investors. At last check, gold for August delivery GCQ4 +1.49% was up $17.70, or 1.3%, to $1,341.60 an ounce. September silver SIU4 +2.31% added 50 cents, or 2.4%, to $21.54 an ounce. A[...]

El-Erian: Fed’s Easy Money Policy Is ‘All-In Bet’ – Moneynews

Tuesday, 08 Jul 2014 01:45 PM By Dan Weil via Moneynews The Federal Reserve's continuation of a highly accommodative policy represents an "all-in bet" by Fed Chair Janet Yellen that the easing will bring economic growth before the policy reaches the point of causing financial instability, says former Pimco Co-CEO Mohamed El-Erian. The Fed is expected to leave its federal funds rate target at a[...]

If ever the stock market flashed a ‘sell’ signal, it’s now – It’s not too late to cash-out and reallocate

By: Michael Sincere MIAMI (MarketWatch) — I know what you’re thinking. You’re thinking: Is this market going to go up another 10%? I have no idea. But this being a powerful market that can blow your account clean off if you’re wrong, you’ve gotta ask yourself: “Do I feel lucky?” Most investors seem to feel pretty confident that this market will never go down. But if you’ve[...]

Gold Climbs Above $1320/oz Ahead Of US Federal Minutes – Holding onto 2014 Gains

by Reuters LONDON: Gold prices firmed on Wednesday, climbing back above $1,320 an ounce, as fresh inflows into bullion-backed funds indicated rising investor confidence the metal ahead of the release of the latest Federal Reserve minutes. The world’s largest gold exchange-traded fund, New York-listed SPDR Gold Shares, reported a second straight session of inflows on Tuesday, taking its[...]

Dow 17,000 is on the wrong side of history – MarketWatch

David Weidner's Writing on the Wall - July 8, 2014, 6:16 a.m. EDT Opinion: Since 1929, stock-market rallies have had things in common that this one doesn’t SAN FRANCISCO (MarketWatch) — Today’s bull market is the fourth biggest since the 1929 crash after stocks have nearly tripled since the financial-crisis low set in early 2009. But more than any modern bull market, this one stands[...]

This Rolling Crisis Is About To Get Very Ugly – Richard Russell

From King World News: At nearly 90 years old, the Godfather of newsletter writers, Richard Russell, warned that he expects this ongoing crisis to get very ugly. He also believes that we are seeing the end of a historic event. The 60-year market veteran described the feeling as the same thing he felt as World War II was coming to a close. Russell: “In the 56 years I've been writing Dow Theory[...]

Why You Feel Poorer

Source: Zero Hedge You feel poorer because you are poorer. In the last fourteen years, has your income increased over 50%? If you think it has, has it done so after taxes? Even if it has, you likely have not kept up in terms of inflation. If you are a retiree, living on fixed income, a pension or bonds, you certainly have become poorer. If you had bought the Dow-Jones on 12/31/1999 you would[...]

These Three Charts Show Inflation Is Finally Right Around The Corner – Business Insider

Joe Weisenthat - July 5, 2014 After this week’s strong Jobs Report, it’s becoming conventional wisdom that the economy is heating up for real this time. After numerous false starts and disappointments since the financial crisis, it appears we’ve kicked into a higher gear. A stronger economy should mean higher inflation. That’s because as the economy grows, slack diminishes in the[...]

The Almighty Dollar Is In Peril As The Global ‘De-Dollarization’ Trend Accelerates

By Michael Snyder, on July 6th, 2014 As the Obama administration continues to alienate almost everyone else around the entire planet, an increasing number of prominent international voices are starting to question why the U.S. dollar should be so overwhelmingly dominant in global trade. In previous articles, I have discussed Russia's "de-dollarization strategy" and the fact that Gazprom is now[...]

Why interest rates may stay very low for a lot longer – LA Times

By Tom Petruno July 6, 2014 Since the financial crash of 2008, one of the biggest guessing games in the U.S. economy and markets has centered on interest rates — and when they would finally rise from the historic lows that followed the Great Recession. But year after year, analysts who predicted a sustained rebound in rates have been foiled. The long stretch of rock-bottom rates has been[...]

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