FFUNDS …worked last time ,NOt available now ?
With interest rates already near zero the Fed dosent have room to DROP the FFunds Rate ..Thats why Yellen was looking to raise rates ,so she could repeat the last rescue ,but she dosent have that option now ! He option seems to be ,increase the MONEY SUPPLY which is more inflationary than raising interest rates …so plan B may be her option which is good for Inflation & GOLD.
Buygold @ 11:55
Doncha know the Fed is going to raise rates in September! That’ll support the dollar.
… err that’s September of 2021. 
silverngold @ 11:36
Cool! Next stop … Mars. 🙂
Just a thought
Is it possible that the Chinese devaluation may have set off a derivative chain that somehow linked the USD/Yuan?
I’m not getting the falling USD, and how long have we been told that a falling USD is good for the SM?
FINALLY A ROTATION?
We may finally have a new leg up. Or a market rotation (change) away from regular stocks like Apple, Twitter, and Facebook, and BACK toward natural resources like gold oil copper etc.
Gold up upper left 3 mo view:
http://finviz.com/futures_charts.ashx?t=METALS&p=d1
Regular stocks left, upper:
http://finviz.com/futures_charts.ashx?t=INDICES&p=d1
Dollar falling upper left:
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1
Oil and heating oil probably bottoming:
http://finviz.com/futures_charts.ashx?t=ENERGY&p=d1
And when heating oil is high during wither time, their media will say its because of cold weather. Gasoline falling all summer. Normally they say gasoline is high because its the summer driving season.
Dow death cross is a bearish omen for the stock market
A rare “death cross” appeared Tuesday in the chart of the Dow Jones Industrial Average, suggesting the stock market may have already begun a new long-term downtrend.
Although chart watchers have seen the bearish technical pattern coming for some time, it can still send a chill down bulls’ spines when it is finally confirmed.
The fact that the Dow industrials’ DJIA, -1.37% death cross follows the appearance of one in its sister index, the Dow Jones Transportation Average DJT, -2.01% , warns that this one is more than a one-off event.
MS screws up … again
Windows 10: Microsoft update breaks computers and forces them to keep rebooting
One of the first major updates to Windows 10 has completely broken the computers of those who have installed it.
The update, codenamed KB3081424, is referred to as a “cumulative update” — intended to collect up a range of bug and security fixes and push them out in one go.
But for many users it is freezing their computers, forcing them into a loop that sees them try to restart, give up and shut off, before trying to reboot all over again. When the update fails to install, it tries to start all over again.
Because Windows 10 has a system for pushing security updates out to users, the update can be downloaded automatically and loaded straight onto computers.
Good morning Oasis
Centamin plc Results for the Second Quarter and Half Year Ended 30 June 2015 and Interim Dividend Announcement
http://finance.yahoo.com/news/centamin-plc-results-second-quarter-060000256.html
Alamos Reports Second Quarter 2015 Results
http://finance.yahoo.com/news/alamos-reports-second-quarter-2015-100000364.html
Dynacor Q2-2015: Despite Weakening Market Conditions Dynacor Registers a Net Income of US$ 0.8 Million (US$ 0.02 EPS) and EBITDA of US $2.0 Million
http://finance.yahoo.com/news/dynacor-q2-2015-despite-weakening-103000144.html
Sprott Inc. Announces 2015 Second Quarter Results
http://finance.yahoo.com/news/sprott-inc-announces-2015-second-110000594.html
Kirkland Lake Gold Announces Record Gold Production of 41,482 Ounces for the First Quarter of Stub Year 2015
http://finance.yahoo.com/news/kirkland-lake-gold-announces-record-110000790.html
Sierra Metals Produces Record 3.1 Million Silver Equivalent Ounces in Q2-2015
http://finance.yahoo.com/news/sierra-metals-produces-record-3-113000985.html
Ivanhoe Mines Announces Financial Results and Review of Operations for the Second Quarter of 2015
http://finance.yahoo.com/news/ivanhoe-mines-announces-financial-results-113000380.html
Maya, Portugeezer
🙂
USD taking a beating this am.
ZH says China defended the Yuan some today – BY SELLING USD’s
The more I think about this, the more I wonder if the US will have to ultimately devalue, either by additional QE or an outright devaluation to keep pace. Who would have ever thought that the USD would fall on a Chinese devaluation?
Get well Wanka John
I’ve been thinking about you and your battles with your health. Love you and hope you get well soon
Iran and the SWIFT system
This Iran deal is like always follow the money. Iran has something like 150 billion put aside. They simply said take us off these sanctions and we will spend our money with your Corporations. Like WWII when the Nazi’s had Ford engines in their fighting vehicles. The banksters are just interested in profit.
Buygold @ 19:45
Kerry is covering his butt… trying to avoid the bovine administered prostate exam. It’s pretty much a sure bet that the dollar will cease to be the world’s reserve currency. So now… if the Iran deal fails, he can say “I told you so!”
CYA Ketchup!
Is the China devaluation(s) payback for not being included in the SDR?
gotta wonder
U.S. Stock Futures
S&P |
-14.25 / -0.69% | |
| Level | 2,065.50 | |
| Fair Value | 2,079.53 | |
| Difference | -14.03 | |
|
Data as of 9:27pm ET
|
||
Nasdaq |
-34.00 / -0.75% | |
| Level | 4,476.75 | |
| Fair Value | 4,508.81 | |
| Difference | -32.06 | |
|
Data as of 9:27pm ET
|
||
Dow |
-115.00 / -0.66% | |
| Level | 17,240.00 | |
|
Data as of 9:27pm ET
|
||
Night Train
“Climb Every Mountain…” This iron horse
conquers Cumbres Pass.
http://www.railpictures.net/viewphoto.php?id=536264
http://www.railpictures.net/viewphoto.php?id=536196





