You are here

Business

Gold & Silver Prices Will Surge On Fundamentals Not Technical Analysis

 

 

 

Hold your real assets outside of the banking system in a private international facility  -->  https://www.321gold.com/info/053015_sprott.html 

 

 

 

 

Gold & Silver Prices Will Surge On Fundamentals Not Technical Analysis

Posted with permission and written by Steve St. Angelo, SRSrocco Report (CLICK FOR ORIGINAL)

 

 

Just About Every Part Of The Permian Basin Is Unprofitable At $30 Per Barrel

Submitted by Arthur Berman via OilPrice.com,

Less than 2 percent of Permian basin tight oil wells are commercial at $30 per barrel oil prices.

Sorry about that. I know that many believe that U.S. shale and tight oil plays are commercial even at current low oil prices but data on the Permian basin and Bakken plays simply does not support that belief.

Apple Cuts Latest iPhone Prices By 16% In India As AAPL Stock Re-Enters Bear Market

Two weeks ago, well before the most recent Apple "sell-thru" scare hit AAPL stock and pushed it into bear market territory, or down 20%, from its recent highs, we warned that the company faces a risk of inventory correction as a result of at least three channel checks (and soon thereafter, more) confirming deteriorating iPhone sales, indicative of either company specific or, worse, a broader drop in market demand for smartphones.

Fed's National Activity Index Plunges To 6-Month Lows As Yellen Hikes Rates

Fed's National Activity Index Plunges To 6-Month Lows As Yellen Hikes Rates

It would appear that The Chicago Fed's own National Activity Index (CFNAI) is not part of the The Fed's "data" that it is so "dependent" on. CFNAI has been in contraction (sub-zero) for 9 of the 11 months of 2015 and today's November print, missing expectations once again, tumbled to its lowest since May.

 

 

It would seem like Fed rate hike timing is questionable at best?

Pages