Lunes 01/02/16 PMI, ISM manufactureros, semana empleo

[Fenix]

Puerto Rico "Generously" Offers To Repay 54
Cents On The Dollar To Creditors Owed $70 Billion Submitted by Tyler D.
02/01/2016 - 14:33 Puerto Rico has devised a scheme the island
says will help put it back on the path to debt
sustainability. You can read on to learn the
specifics, but in essence, the commonwealth
wants creditors to take a massive haircut which may or may not be ameliorated down the road.

[Fenix]

Ron Insana Kindly Requests The Fed Lower Rates
To Negative To Help His Virtual Portfolio
Submitted by Tyler D.
02/01/2016 - 15:00 "The Fed should, given recent events, simply admit its error of pre-emptively
raising rates before both its employment
and inflation mandates had been met, and
reduce the Federal Funds rate back to zero,
pending further improvements in the
economy. Certainly, the Federal Reserve risks its credibility by admitting an error, but that is a far better outcome than risking recession by not doing
so"

Total U.S. Debt Surpasses $19 Trillion; Rises $8.4
Trillion Under President Obama
Submitted by Tyler D.
02/01/2016 - 16:47 Two months ago, when we calculated that the
US would need a new debt ceiling of $19.6
trillion to last until after Obama's tenure, we
may have been overoptimistic: since the hard
limit of $18.15 trillion which was raised at the
end of October, the US appears to be growing its debt at a far faster pace than we had originally expected, and
according to the latest public debt data, as of the last day of January, total US debt just hit 19,012,827,698,417.93.

[Fenix]

How To Beat The Market: One Surprisingly Simple
Trade
Submitted by Tyler D.
02/01/2016 - 17:16 Today, none other than Bank of America's
chief equity quant Savita Subramanian throws
in the towel and admits that the best trade over
the past several years has been precisely what we suggested several years ago: do the opposite of what the crowd does.


"Prospects For Social Disintegration Are Huge" As
Wave Of Oil Refugees Looms
Submitted by Tyler D.
02/01/2016 - 18:25 Today’s plunging oil prices will benefit a few.
Motorists, once again, will be happy; but the pain will be earth-shaking for many others. Never mind the inevitable turmoil in global
financial markets or the collapse of shale-oil
production in the United States and what it implies for energy independence. The real risk lies in countries that
are heavily dependent on oil. As in the old Soviet Union, the
prospects for social disintegration are huge. Europe is already struggling to accommodate refugees from the Middle East and
Africa, imagine what would happen if they imploded and their
disenfranchised, angry, and impoverished residents all started
moving north.

[Fenix]

The End Of Plan A: The Big Reset & $8000 Gold
Submitted by Tyler D.
02/01/2016 16:00 -0500 B+ Ben Bernanke Ben Bernanke Central Banks Federal Reserve Real estate Reserve Currency Willem Middlekoop, author of The Big Reset – The War On Gold And The Financial Endgame, believes the current international monetary system has entered its last term and is up for a reset. Having predicted the collapse of the real estate market in 2006,
(while Ben Bernanke didn't), Middlekoop asks (rhetorically) -can the
global credit expansion 'experiment' from 2002 – 2008, which
Bernanke completely underestimated, be compared to the global QE
'experiment' from 2008 – present? - the answer is worrisome. In the following must-see interview with Grant Williams, he shares his
thoughts on the future of the global monetary system and why the revaluation of Gold is inevitable... Middlekoop predicts the real estate crash in 2006... (ensure English Subtitles - Closed Captions - are enabled) Bernanke did not... (stunning!!) And now today, Middelkoop has some even more ominous concerns
about the end of Plan A and where Plan B begins... In this episode of the Gold series, Willem Middelkoop, founder of the
Commodities Discovery Fund, dives into the history of monetary
shifts and explores a scenario where the US dollar could be
debunked as the global reserve currency. Willem discusses the possibility of gold being incorporated back into the monetary
system, outlining the knock-on effects and the role of central
banks in this scenario. Grab a glass of wine (or something stronger) and enjoy... Source: Real Vision is the video on demand platform for finance,
where the world's best investors share their ideas.

[Fenix]

COMEX Registered Gold Inventories Plummet 73% In One Day
Submitted by Sprott Money on 02/01/2016 07:11 -0400
COMEX Registered Gold Inventories Plummet 73% In One Day Posted with permission and written by Steve St Angelo, SRSrocco (CLICK FOR ORIGINAL) Looks like something big is about to take place on the Comex as Registered
Gold inventories declined a whopping 73% in one day. This is a very
suprising update as Comex Gold inventories haven’t experienced much
movement over the past few months. Well, this all changed today as a stunning 201,345 oz (73%) of the total
275,325 oz of Registered Gold was transferred to the Eligible Category
today: As we can see, 21,200 oz was transferred from Brinks Registered
Inventories, 84,881 transferred from HSBC and 95,269 from Scotia
Mocatta. There are only 73,980 oz of Registered Gold remaining in the Comex inventories: This is the lowest level of Registered Gold inventories on the Comex for more
than 20 years. There are now only 2.3 metric tons of Registered Gold remaining at the Comex. This has to be one of the most surprising movements of Comex Registered
Gold inventories ever. It will be interesting to see what happens over the next
few months as the broader stock markets continue to crash while precious
metal physical investment surges.It seems to me that this huge decline of
Registered Gold Inventories suggests that the end of the Comex Exchange
as a price setting mechanism is now even closer at hand.