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Oct 22, 2015

GATA | THE GATA DISPATCH - October 22, 2015: 3 Articles: Alasdair Macleod: The decline of the dollar -- the consequences | Museum of American Finance in New York City will open gold exhibition Nov. 19 | Guy Christopher: The seven biggest lies told (and believed) about gold.

Alasdair Macleod: The decline of the dollar -- the consequences

Submitted by cpowell on Thursday, October 22, 2015.  By Alasdair Macleod
Research Director
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, October 22, 2015


There are signs that the U.S. dollar, instead of consolidating the sharp rise that peaked last March, might be reversing its previously rising trend.
Certainly a weakening dollar fits with the Federal Reserve Board's deferring attempts to raise interest rates from the zero bound, and reflects the growing chatter that negative rates cannot be ruled out. It should also interest us that there is evidence the Americans are beginning to take seriously the threats to the dollar's hegemonic status, and this is no longer just seen as a speculative possibility. ...
... For the remainder of the commentary:
https://www.goldmoney.com/decline-of-the-dollar-the-consequences?gmrefco...

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Museum of American Finance in New York City will open gold exhibition Nov. 19

The Guardian | World October 22, 2015: Deadly Blast Hits Shia Mosque in Pakistan

theguardian.com

Deadly blast hits Shia mosque in Pakistan

A suicide bombing at a Shia Muslim mosque has killed at least 10 people in the Pakistani province of Baluchistan.
Six children were among the dead and more than 20 people were wounded in the attack in the town of Bhaag, said the provincial home minister, Mir Sarfaraz Ahmed Bugti,.
No claim of responsibility was made following the attack. Baluchistan, in eastern Pakistan, has been wracked by separatist violence and rising sectarianism for almost a decade.
Security has been beefed up across Pakistan before the two-day Shia festival of Ashura. Public gatherings and marches are planned in most Pakistani cities on Friday and Saturday to commemorate the death of Hussain, the grandson of the prophet Muhammad.
Mobile phone services will be suspended in cities in an attempt to foil remote-controlled bombings. Police have set up extra checkpoints and imposed restrictions on movement in some areas.
Fears of violence have been heightened this year after Taliban splinter groups pledged allegiance to the Syria- and Iraq-based Islamic State, which has repeatedly targeted Shias. Analysts say Pakistani groups hoping for patronage want to impress Islamic State
Shia Muslims make up about 20% of the Pakistani population. The rest are mostly Sunni Muslims.
In a separate development, the Pakistani military said on Thursday that it had carried out its first night-time drone strike, killing several militants.
“Our own drone Burraq fired missiles and hit sanctuaries of terrorists in South Waziristan near the Afghan border on Thursday,” said a security official.
Pakistan launched the Burraq in March, and the first strike by one of the drones was reported in early September.

The Guardian | World - October 22, 2015: Vladimir Putin accuses US of backing terrorism in Middle East

theguardian.com

Vladimir Putin accuses US of backing terrorism in Middle East

Shaun Walker
 
The Russian president, Vladimir Putin, has launched a stinging attack on US policy in the Middle Eas, accusing Washington of backing terrorism and playing a “double game” in the Middle East. In a speech on Thursday at the annual gathering of the Valdai Club, a group of Russian and international analysts and politicians, Putin said the US had attempted to use terrorist groups as “a battering ram to overthrow regimes they don’t like”.
He said: “It’s always hard to play a double game – to declare a fight against terrorists but at the same time try to use some of them to move the pieces on the Middle Eastern chessboard in your own favour. There’s no need to play with words and split terrorists into moderate and not moderate. I would like to know what the difference is.”
Western capitals have accused Moscow of targeting moderate rebel groups during its bombing campaign in Syria, which Russia says is mainly aimed at targets linked to Islamic State. However, Putin’s talk of “playing with words” and other statements by government officials suggest Moscow believes all armed opposition to Bashar al-Assad is a legitimate target.
Putin received Assad at the Kremlin on Tuesday, and on Thursday he underlined that he considered the Syrian president and his government to be “fully legitimate”. He said the west was guilty of shortsightedness, focusing on the figure of Assad while ignoring the much greater threat of Isis.
“The so-called Islamic State has taken control of a huge territory. How was that possible? Think about it: if Damascus or Baghdad are seized by the terrorist groups, they will be almost the official authorities, and will have a launchpad for global expansion. Is anyone thinking about this or not?”
This year the Valdai Club met at a luxury hotel in the mountain resort of Krasnaya Polyana, one of the venues for last year’s Winter Olympics. Putin arrived at the venue in a bright green Lada, part of an effort to promote the domestic car industry. He arrived late, keeping the assembled delegates waiting for nearly two hours before speaking.

WSJ | Biggest Decliners Closing on October 22, 2015.

NYSE Biggest Percentage Decliners | Nasdaq | Arca | Composite
Thursday, October 22, 2015 - 5:01 pm ET
  Issue(Roll over for charts and headlines) Price Chg % Chg Volume
1 Community Health Systems (CYH) $26.30 -14.25 -35.14 27,080,774
2 Envision Healthcare Holdings (EVHC) 25.40 -11.09 -30.39 20,544,304
3 AMN Healthcare Services (AHS) 23.70 -8.42 -26.21 5,513,191
4 Adeptus Health (ADPT) 69.09 -16.51 -19.29 2,866,220
5 Tenet Healthcare (THC) 28.24 -6.57 -18.87 15,603,619
6 Cabela's (CAB) 34.48 -7.19 -17.25 11,960,879
7 Natural Resource Partners (NRP) 2.02 -0.42 -17.21 2,029,224
8 Era Group (ERA) 14.68 -2.89 -16.45 604,970
9 Team Health Holding (TMH) 52.28 -9.49 -15.36 4,323,249
10 Arch Coal (ACI) 2.75 -0.46 -14.33 1,732,552

WSJ | Biggest Gainers Closing on October 22, 2015.

The Wall Street Journal Biggest Gainers Closing
Biggest Gainers
4:31 pm ET 10/22/2015
NYSE
Issue Volume Price Chg % Chg
Global Power Equipment Group (GLPW) 223,747 $5.65 1.13 25.00
Multi Packaging Solutions International (MPSX) 5,867,587 15.83 2.83 21.77
TrueBlue (TBI) 1,588,478 27.55 4.76 20.89
Boise Cascade (BCC) 1,056,184 32.03 4.66 17.03
CIT Group (CIT) 6,329,974 46.14 6.26 15.70
Unisys (UIS) 1,941,910 14.45 1.86 14.77
China Southern Airlines ADR (ZNH) 368,092 41.97 4.62 12.37
Valmont Industries (VMI) 685,723 108.74 11.59 11.93
Carpenter Technology (CRS) 1,275,524 33.14 3.38 11.36
Wesco International (WCC) 1,443,889 49.20 4.54 10.17
United Rentals (URI) 5,745,254 73.90 6.70 9.97
Weatherford International (WFT) 27,323,273 10.10 0.90 9.78
China Eastern Airlines ADR (CEA) 125,462 31.99 2.72 9.29
Reliance Steel&Aluminum (RS) 1,305,727 60.60 4.82 8.64
Callaway Golf (ELY) 2,395,063 9.71 0.77 8.61
Seabridge Gold (SA) 965,468 7.93 0.61 8.33
McDonald's (MCD) 24,759,168 110.87 8.33 8.12
Medley Management Cl A (MDLY) 25,774 7.79 0.55 7.60
International Shipholding (ISH) 155,512 2.15 0.15 7.50
Stanley Black&Decker (SWK) 3,612,366 105.47 7.32 7.46
Southwest Airlines (LUV) 15,249,948 44.08 3.04 7.41
Hill International (HIL) 76,331 3.74 0.25 7.16
Kinross Gold (KGC) 13,031,900 2.25 0.15 7.14
HudBay Minerals (HBM) 87,272 5.07 0.33 6.96
Bemis (BMS) 2,094,729 45.01 2.90 6.89
 
Nasdaq

WSJ | Most Actives Closing on October 22, 2015.

The Wall Street Journal Most Actives Closing
Most Active Stocks by Volume
4:31 pm ET 10/22/2015
NYSE
Issue Volume Price Chg % Chg
General Electric (GE) 80,792,986 $29.58 0.73 2.53
Bank of America (BAC) 73,457,960 16.16 0.26 1.64
Valeant Pharmaceuticals International (VRX) 57,602,086 109.87 -8.74 -7.37
AbbVie (ABBV) 45,843,491 48.27 -5.56 -10.33
Ambev ADR (ABEV) 44,145,936 5.00 0.08 1.63
Kinder Morgan (KMI) 41,907,068 29.75 -1.67 -5.32
Corning (GLW) 41,416,738 17.60 0.89 5.33
Pfizer (PFE) 41,138,550 33.33 -0.13 -0.39
Vale ADR (VALE) 39,409,820 4.73 0.22 4.88
Cemex ADR (CX) 36,785,046 7.00 -0.49 -6.54
Freeport-McMoRan (FCX) 36,046,322 12.02 0.07 0.59
Coca-Cola (KO) 35,725,948 43.24 1.05 2.49
SunEdison (SUNE) 35,717,932 7.80 -0.02 -0.26
Alcoa (AA) 33,995,584 9.09 -0.02 -0.22
AT&T (T) 32,529,517 33.96 0.36 1.07
EMC (EMC) 30,732,628 25.78 0.01 0.04
Weatherford International (WFT) 27,323,273 10.10 0.90 9.78
Community Health Systems (CYH) 27,080,774 26.30 -14.25 -35.14
Dow Chemical (DOW) 26,674,773 49.92 2.44 5.14
McDonald's (MCD) 24,759,168 110.87 8.33 8.12
Petroleo Brasileiro ADR (PBR) 23,939,809 4.99 0.21 4.39
Itau Unibanco Holding ADR (ITUB) 23,666,217 6.90 0.22 3.29
American Express (AXP) 23,584,826 72.50 -4.01 -5.24
Ford Motor (F) 23,306,143 15.58 0.17 1.10
Rite Aid (RAD) 22,938,631 6.11 -0.11 -1.77
 
Nasdaq