Four potential triggers exist that could crash the markets. Fortunately, there are ways to protect yourself from these doomsday scenarios. Perhaps the most dangerous one at the moment is the threat of the Fed ending its $85 billion dollar per month bond-buying spree, part of the QE game. Want to know what else to look out for? Click here for the other three intriguing and terrifying possibilities.
12,500 feet below the North Atlantic lies the wreck of RMS Titanic. Everyone knows the story of how it crashed into an iceberg and sank one chilly April night over 100 years ago. But only Private Briefing readers know how Titanic’s storyillustrates some of the best ways to invest at key points in the tech sector cycle.
18 cities were included in the Kaiser Family Foundation’s report on actual premium increases – or lack thereof – under Obamacare. This report is the first chance the public has had to review these putative increases, and the first chance to look at what consumers will really be paying under the new pricing structures. The report looks at what a 40-year-old single person earning $28,725, or 250% of the official poverty level, would pay for a month with the lowest cost “silver” and “bronze” healthcare plans under Obamacare, both before and after government subsidies. The costs for bronze plans vary widely, from $97 subsidized in Hartford, CT, all the way up to $336 unsubsidized in Burlington, VT. The cost decreases the older the insured is. These premiums appear to be lower than Congressional Budget Office estimates, but there’s still no telling how Americans will react to this essentially mandatory cost.
18,774,042,427 kilometers out – and counting – is the distance of NASA’s Voyager I spacecraft has reached. Its sister probe, Voyager II, though it was launched first is only 15,306,594,000 kilometers out. It takes about 28 seconds for the probes to fly 1,000 kilometers. There is a growing consensus that Voyager I has, for all practical purposes, left our solar system. It is the first human-made object to do so. Voyager I is still transmitting data, which takes over 30 minutes to reach the Earth, about its environment. The probes’ radioactive fuel cells are expected to last until the year 2020, and internal power is gradually running down. By 2025, both probes will be silent, if not dead. The probes transmitted some of the first-ever close-up images of the outer solar system’s gas giants and their moons. If unhindered for the next 296,000 or so years, Voyager II should pass within 5 light years of the Dog Star, Sirius. Voyager I will pass within 1.6 light years of the star Gliese 445, in the constellation Camelopardalis, in about 40,000 years. As impressive as these achievements are, as well as a credit to the human spirit and American ingenuity, the days of big-money government space ventures are likely behind us, for the most part. Michael Robinson, editor of Radical Technology Profits, believes it’s likely the New Space Race will be run between private enterprise and government.
292,000* seemed to be the seasonally adjusted number of applicants for jobless benefits from the Bureau of Labor and Statistics for the week of Sept. 7. But this benchmark unemployment number, the lowest since 2006, turned out to be the result of a glitch! The bureau attributed the error to problems with computer systems in two (unidentified) states. The real number? More like 332,000.
Five years have passed since it first became apparent that toxic derivatives had spread like the plague, bringing the U.S. – and much of the global – financial system to its knees. In that time, no one senior executive at any of the firms responsible has been charged with wrongdoing, let alone brought to trial. The government’s deadline for bringing any charges lapses at the end of this month — a little over two weeks.
$88.2 million came into iShares Silver Trust (NYSEarca: SLV) last month. Meanwhile, UBS expects the major silver ETFs to grow their stocks by 10 million ounces over 2013. This is in stark contrast to the$227 million that left SPDR Gold Trust (NYSEArca: GLD), and the$6.66 billion that left fixed-income funds at the same time. This preference for silver over gold could stem from a combination of global tension and continued down-pressure on gold. Either way, silver looks to be the precious metal of choice for metal bugs.
1,000 tons constitutes the bulk of Syria’s suspected chemical weapons stockpiles. A sarin gas attack last month triggered moves by the United States toward military action against the war-torn Middle Eastern nation, but a wildcat Russian proposal, which calls for Syria to turn over all its chemical weapons, seems to have halted the war drums – for now. Sarin is so potent that the inhalation of just 200 milligrams – the equivalent of a single ibuprofen tablet — is enough to kill most adults. It’s one of the most potent chemical weapons available. At most, Syria has just 30 days to turn over its weapons after signing a deal. But much uncertainty remains over Syria’s intentions and goals. This uncertainty is fueling what Dr. Kent Moors calls “the Syrian Premium,” which is driving oil prices to yearly highs.
15% gains have been posted by the MCSI Frontier Markets Index in 2013. These are 25 countries with economies that have just begun developing, and lag behind the so-called “emerging” economies. Countries like Argentina, Pakistan, Lithuania, and Ukraine are representative of the index. The MCSI Emerging Markets Index, on the other hand, has posted gains of just 1% for the year and has been rocked with significant volatility. For those with the intestinal fortitude and nerve, frontier markets can bring big rewards, as Money Morning’s David Zeiler shows us here.
We’re in the midst of the greatest investing boom in almost 60 years. And rest assured – this boom is not about to end anytime soon. You see, the flattening of the world continues to spawn new markets worth trillions of dollars; new customers that measure in the billions; an insatiable global demand for basic resources that’s growing exponentially; and a technological revolution even in the most distant markets on the planet.And Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. In fact, we believe this is where the only real fortunes will be made in the months and years to come.