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Aug 26, 2015

Gerald Celente - Trends In The News - "Markets Melting Down" - (8/20/15)

DealBook A.M. and P.M. Editions on August 26, 2015.

Wednesday, August 26, 2015
SEESAWING STOCKS Volatility continued to dominate markets on Wednesday, Neil Gough reports in DealBook. China's rate cut, which came late on Tuesday, did little to rally the market. Shares in Shanghai swung between sharp gains and losses, falling nearly 4 percent before rallying more than 4 percent, then closing down 1.3 percent.

Dave Kranzler: Silver shortage update -- another delay from Apmex: GATA | THE GATA DISPATCH on August 26, 2015.

Dave Kranzler: Silver shortage update -- another delay from Apmex

Submitted by cpowell on Wednesday, August 26, 2015  Wednesday, August 26, 2015

Dave Kranzler of Investment Research Dynamics reports today that premiums for silver products are the highest they've been in seven years and shortages are developing even as silver futures prices have been pushed way down. Kranzler's commentary is headlined "Silver Shortage Update: Another Delay From Apmex" and it's posted at IRD's Internet site here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Stocks Leap About 4% In Recovery, Best Day Since 2011: Wall Street at Close Report on August 26, 2015.

Stocks leap about 4% in recovery, best day since 2011

Evelyn Cheng
U.S. stocks shot higher on Wednesday, rebounding from six consecutive days of declines that pushed the major averages into correction territory.
In addition to an oversold bounce, some analysts also attributed the gains to comments from the Fed's William Dudley that a September rate hike looks "less compelling" and a strong durable-goods report.
The major averages closed about 4 percent higher for their best day since 2011. The S&P 500 closed higher, out of correction territory. The Nasdaq Composite closed on the edge of correction, up 4.2 percent on the day.

Spotting an illegal pyramid scheme 101: FTC Scam Alerts - August 26, 2015.

Federal Trade Commission Consumer Information
by Alvaro Puig
Consumer Education Specialist, FTC

Your social media feed is abuzz with stories of people making serious money selling an energy drink. Not one to miss out an opportunity, you do a quick search and come across a viral video. The guy making the pitch insists you can make thousands of dollars a month. “Forget working 9 to 5. Join the Young People Revolution!” he says. You think to yourself, “I’m young people! And I can totally get on board with a revolution.”
Slow your roll, my friend. Before you shell out a wad of cash and start making pitches to your friends, you should know that the FTC just filed a complaint against the company behind the pitch.
Read more >

Federal Reserve Bank of New York Org. Press Release - August 26, 2016: Tentative Outright Agency MBS Operation Schedule

  Tentative Outright Agency MBS Operation Schedule
Tentative Outright Agency Mortgage-Backed Securities Operation Schedule
The Desk's tentative operations schedules associated with outright purchases of agency mortgage-backed securities (MBS) securities as announced by the Federal Open Market Committee.

The Desk plans to purchase a maximum of $14.30 billion in agency MBS over the period beginning August 27, 2015 on FedTrade.
The next release of the tentative agency MBS operation schedule will be at 3 PM on Friday, September 11, 2015 for the period beginning September 14, 2015.
Schedule pdf

CMI Spot Prices as of Close of Trading in New York on August 26, 2015.

CMI Gold & Sliver

Spot Prices as of traditional New York closing times

Wednesday, August 26, 2015


Today Change Week Ago Month Ago Year Ago
$1,126.20 -$14.20 $1,129.00 $1,092.90 $1,283.75


Today Change Week Ago Month Ago Year Ago
$14.06 -$0.59 $15.23 $14.76 $19.43


Today Change Week Ago Month Ago Year Ago
$981.80 +$3.20 $1,015.00 $982.20 $1,423.20


Today Change Week Ago Month Ago Year Ago
$530.25 -$12.65 $613.35 $629.60 $896.60

Gold/Silver Ratio


New orders for manufactured durable goods in July 2015 increased 2.0 percent. Excluding transportation, new orders increased 0.6 percent: ESA | Advance Report on Durable Goods - August 26, 2015.

ESA Overlay Banner

New orders for manufactured durable goods in July 2015 increased 2.0 percent, to $241.1 billion.  Excluding transportation, new orders increased 0.6 percent.  Overall shipments increased 1.0 percent, and capital goods shipments rose 0.3 percent. Unfilled orders increased 0.2 percent, and inventories were virtually unchanged in July 2015.

European Stocks Pulled Lower on China and U.S. Growth Concerns: European Markets at Close Report on August 26, 2015.

European stocks pulled lower on China and U.S. growth concerns

Carla Mozee
Stocks across Europe fell Wednesday as investors wrestled with outlooks for the world’s two largest economies, those of the U.S. and China, and how the central banks in each country are responding to the turmoil sweeping through financial markets.

China Stocks Wipe Out Early Gains as Jitters Persist: Asian Markets at Close Report on August 26, 2016.

China stocks wipe out early gains as jitters persist

Chao Deng
Asian markets began to shake off a global rout Wednesday after China’s central bank took steps to address the country’s deteriorating economy.
But a volatile Shanghai market, which has now lost nearly a fourth of its value in the past five sessions, kept investors on edge.
Trading in China’s main index was rocky, with the Shanghai Composite Index SHCOMP, -1.27%  falling nearly 4% in the morning, before rising more than 4% just before the close. The benchmark then dropped again, finishing down 1.3% at 2,927.29. The smaller Shenzhen Composite Index 399106, -3.05%  fell 3.1% to 1,695.76.
Hong Kong’s Hang Seng Index HSI, -1.52% which waffled between positive and negative territory, finished down 1.5%.
China Suffers Fifth Straight Day of Losses