India
Something Just Broke In The U.S. Silver Market
Submitted by Tyler Durden on 12/30/2015 23:45 -0500After looking over all the figures, it seems as if something broke in the U.S. Silver Market this year. By that, we mean the normal supply and demand forces no longer make sense.
IMF Chief Pours Cold Water On Optimistic Yellen, Says Growth "Will Be Disappointing"
Submitted by Tyler Durden on 12/30/2015 10:22 -0500In a guest article for Handelsblatt, Christine Lagarde warns that 2016 is likely to be a disappointment as the Fed hike and China's transition to a consumer-driven economy continue to weigh on global growth prospects. Sorry Janet, it looks like the IMF doesn't agree with your justification for liftoff.
Global Stocks, Futures Dragged Lower By Commodities As Oil Slumps Back Under $37
Submitted by Tyler Durden on 12/30/2015 07:02 -0500- 7 Year Treasury
- Apple
- Bank of America
- Bank of America
- Bond
- China
- Copper
- Creditors
- Crude
- Crude Oil
- default
- Economic Calendar
- Equity Markets
- European Central Bank
- Germany
- Hong Kong
- India
- Italy
- KKR
- Kuwait
- Market Manipulation
- Market Sentiment
- Merrill
- Merrill Lynch
- Mexico
- Natural Gas
- New Zealand
- Newspaper
- OPEC
- PIMCO
- Puerto Rico
- Swiss Banks
- Switzerland
- Yuan
With just two days left in 2015, the main driver of overnight global stocks and US equity futures remains the most familiar one of all of 2015 - crude oil, which, after its latest torrid bounce yesterday has resumed the familiar "yoyo" mode, and again stumbled dropping below $37 on yesterday's surprising API 2.9 million crude inventory build, as well several more long-term "forecasts" by OPEC members, with Kuwait now budgeting for $30 oil, while Venezuela's Maduro said the oil price fell to $28/bbl and is "headed downward." As a result U.S. futures declined and European stocks fell, extending their worst December drop since 2002 in thin volume on the last full trading day of the year.
The Rising Threats To Our Health
Submitted by Tyler Durden on 12/29/2015 19:30 -0500Though evidence of a looming global healthcare crisis is plainly visible, few seem to realize the consequences will be catastrophic to individuals, households and national economies.
In Latest Blow To Apple, Taiwan Makers Cut iPhone Shipments Up To 10%
Submitted by Tyler Durden on 12/29/2015 08:25 -0500While the straws have been building on the camel's back of Apple's "no brainer" status over the past few months, today's news from DigiTimes appears to be the most damning yet on the 'peak Apple' phenomenon. Apple share are fading off early market highs as demand for iPhone 6s and iPhone 6s Plus appear to have slowed down recently, shipments of iPhone devices from production lines in the fourth quarter of 2015 are likely to be 5-10% lower than originally expected, according to Taiwan-based supply chain makers.
2015 - The Year Of FX Reserve Rundowns (Or Playing The "Fool's Game")
Submitted by Tyler Durden on 12/28/2015 20:40 -05002015 was the year of considerable FX drawdown as desperate EM central banks attempted to rescue themselves from reality. As Barry Eichengreen noted, "Intervening to support an exchange rate that’s fundamentally overvalued is a fool’s game and a no-win situation, akin to a sovereign attempting to sustain an unsustainable debt burden rather than yielding to inevitable restructuring."
Global Stocks, U.S. Futures Slide As Oil Resumes Drop, China Stocks Tumble Most In One Month
Submitted by Tyler Durden on 12/28/2015 06:57 -0500The last trading week of 2015 begins on a historic precipice for stocks: as reported over the weekend, the U.S. stock market has not been lower for any year ending in a “5? since 1875. That streak is now in jeopardy, because following Thursday's shortened holiday session which ended with an abrupt selloff, the overnight session has seen continued weakness across global assets in everything from Chinese stocks which tumbled the most since November 27, to commodities (WTI is down 2.5%) to European stocks (Stoxx 600 -0.4%), to US equity futures down 0.4% on what appears to be an overdue dose of Santa Rally buyers' remorse.
Hey Goldman, Tell Us, Are These Countries Really That Stupid To Buy Gold?
Submitted by Secular Investor on 12/28/2015 00:28 -0500More and more countries are jumping on the gold bandwagon...
Washington's "Empire Of Chaos" & The Cold War 2.0 'New Normal'
Submitted by Tyler Durden on 12/26/2015 22:00 -0500It’s all here: unilateral Exceptionalistan in action against anyone who dares to defy imperial diktats. From Ukraine to Syria, and all across MENA (Middle East and North Africa), the proxy war between Washington and Moscow, with higher and higher stakes, won’t abate. Imperial despair over the irreversible Chinese ascent also won’t abate. As the New Great Game picks up speed, and Russia supplies Eurasian powers Iran, China and India with missile defense systems beyond anything the West has, get used to the new normal; Cold War 2.0 between Washington and Beijing-Moscow.
Why 'The Regime' Hates Gold
Submitted by Tyler Durden on 12/24/2015 20:10 -0500There’s only one investment we can think of that many people either love or hate reflexively, almost without regard to market performance: gold. And, to a lesser degree, silver. It’s strange that these two metals provoke such powerful psychological reactions - especially among people who dislike them. Nobody has an instinctive hatred of iron, copper, aluminum, or cobalt. The reason, of course, is that the main use of gold has always been as money. And people have strong feelings about money. From an economic viewpoint, however, money is just a medium of exchange and a store of value. Efforts to turn it into a political football invariably are signs of a hidden agenda, or perhaps a psychological aberration. So, let’s take some recent statements, assertions, and opinions that have been promulgated in the media and analyze them.
Sri Lankan Government Official Busted For "Smuggling Gold Bars In Rectum"
Submitted by Tyler Durden on 12/23/2015 21:00 -0500Amid ongoing efforts by Indian authorities to monetize (read confiscate) the citizenry's precious metals (which we most recently detailed as an utter failure here and here), it appears the current suppressed low prices for gold have reignited demand and thus smuggling. Following the biggest seizure of smuggled gold earlier this year, The Guardian reports a 42-year-old-man, claiming to be a government official, was caught smuggling$15,000 of gold bars (hidden in his rectum) after police noted him "walking suspiciously."
The Trade Wars Begin: U.S. Imposes 256% Tarriff On Chinese Steel Imports
Submitted by Tyler Durden on 12/23/2015 18:45 -0500There is one thing that could dramatically slow down China's metal exports - tariffs, anti-dumping duties and other forms of protectionism. “What may slow down the exports is anti-dumping and protectionist measures that several countries have taken against cheap imports,” said Ernst & Young’s Agrawal. In other words, a trade war... which is precisely what the U.S. just launched by hiking tariffs on Chinese steel imports by a whopping 256%.
India To Pay $4.5 Billion For Putin's "Jewels" In Largest Defense Deal In A Decade
Submitted by Tyler Durden on 12/23/2015 18:30 -0500"The best thing [about Putin] is that he knows how to maintain relations. He has a special strength to sacrifice for the relations. It is rarely found."
MERRY CHRISTMAS: Be A Pig And Make It Big... With Commodities!
Submitted by Secular Investor on 12/23/2015 12:08 -0500Good things are coming for beaten-down commodity investors in 2016...
Santa Rally Lifts Global Stocks For Third Day: Will Volumeless Levitation Push The S&P Green For 2015?
Submitted by Tyler Durden on 12/23/2015 06:55 -0500With just a handful of trading sessions left in the year, this is how the major global markets look as 2015 is about to close. As of this moment, and in keeping with the Christmas spirit, the biggest question is whether the S&P500 will close green or red for the year.



