Friday, October 20, 2017
Gold Up 74% Since Last Stock Market Peak 10 Years Ago / Commodities / Gold and Silver 2017
– 10 year anniversary of pre-Global Financial Crisis market peak in S&P 500 on October 9th
– Gold up 74% since the last market peak a decade ago; 11% pa in USD, 9.4% pa in EUR and 12.4% pa in GBP
– Precious metal has climbed $736/oz on Oct 9th 2007 to $1278.75 ten-years later
– S&P 500’s 102% climb is thanks to asset-pumping policies by central banks, rather than value
– Gold’s performance is slowly forcing mainstream to re-consider gold
– “Notion of gold as a hedge against serious risk aversion is true… ” – Bloomberg analyst
Friday, October 20, 2017
Chinese Economy and Gold / Commodities / Gold and Silver 2017
In the 2015 October edition of the Market Overview, we analyzed the impact of the Chinese slowdown, as well as the stock market crash and the devaluation of yuan, on the gold market. Two years later, it is worth providing investors with an update about the second biggest economy in the world, especially since the 19th National Congress of the Communist Party of China will be held in October.
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Friday, October 20, 2017
The New World Order Currency Reset, Dollar Collapse and Crypto / Currencies / Bitcoin
We’ve been focusing a lot on the crypto space for the last few months. And, can you blame us?
Bitcoin again sits on the cusp of $6,000 having risen nearly 1,000% in the last year.
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Friday, October 20, 2017
Labour Sheffield City Council Employs Army of Spy's to Track Down Tree Campaigners / Felling's Watchers / Local / Sheffield
The Labour controlled Sheffield city council has adopted extreme measures in an attempt at silencing dissent or disruption of it's programme to fell 6000 street trees by the end of this year out of a stock of about 30,000 mature street trees. The strategy being deployed amounts to one of intimidation of anyone who disagrees with the tree felling's programme, where even standing and watching a tree felling in progress is likely to prompt the Labour council's ever expanding army of intelligence gathers (spy's) to add watchers on to a growing list of persons of interest, regardless of whether they have actually interfered in anyway in the Labour councils tree felling's programme, as an army of evidence gathers (spy's, with cameras at hand can be found recording anyone and everyone, even those who just stop to look at the felling's underway across Sheffield's streets.
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Friday, October 20, 2017
Stock Market Calm Before The Storm / Stock-Markets / Stock Market 2017
In light of the 30-year anniversary of the Black Monday Crash in 1987 (when the Dow lost more than 20% in "one day", we should be reminded that investor anxiety usually increases when markets get to extremes. If stock prices fall steeply, people fret about money lost, and if they move too high too fast, they worry about sudden reversals. As greed is supposed to be counterbalanced by fear, this relationship should not be surprising. But sometimes the formula breaks down and stocks become very expensive even while investors become increasingly complacent. History has shown that such periods of untethered optimism have often presaged major market corrections. Current data suggests that we are in such a period, and in the words of our current President, we may be "in the calm before the storm."
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Friday, October 20, 2017
Gold/Silver vs. Bitcoin Comparisons: A No-Brainer... or Brainless? / Stock-Markets / Stock Market 2017
By David Smith: For most of the year, as Bitcoin soared, crashed, and soared again, cryptocurrency vs. physical gold-silver talking heads engaged each other in heated rhetoric about which of these venues is here to stay.
Some of the biggest names in finance, government, and the newsletter analyst space have made comments that – to be charitable – appear less-than-fully informed. Comments like "Even though bitcoin could rise to $100,000, it's still going to zero!" don't offer much insight. Some other questionable assumptions:
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Friday, October 20, 2017
GOLD Price Creates Bullish Higher Low / Stock-Markets / Financial Markets 2017
We had an interesting development in stocks today.
The market hit a no-bid 'air pocket' and the price dropped dropped 100 points right out of the gate.
This is not a good sign if you are a bull,
The price has recovered this evening but I am marking this one in my diary as the first shot across the bow.
I will elaborate on that later.
Friday, October 20, 2017
Here’s the US’s Biggest Vulnerability in NAFTA Negotiations / Economics / US Economy
BY GEORGE FRIEDMAN AND ALLISON FEDIRKA : As the fourth round of NAFTA negotiations comes to an end, the agreement's survival has once again been brought into question.
US President Donald Trump has threatened to strike a new deal with just Canada. Mexico downplayed the threat, saying it would walk away from negotiations if the new terms brought by the US put it at a disadvantage. For their part, the Canadians have been quiet.
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Friday, October 20, 2017
A 2-3% Stock Market Correction Could Wipe Out Most VIX Short Sellers / Stock-Markets / Stock Market 2017
Did you know that there have been 39 times since 1990 when the VIX has closed below 10, and that 30 of those times have happened this year? And 15 of those have been in the last 30 days!
Ed Easterling of Crestmont Research sent me recently an updated chart of the VIX Index. Notice that the all-time low of 9.19 was put in on October 5, 2017.
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Friday, October 20, 2017
The Runaway Stock Market / Stock-Markets / Stock Market 2017
Runaway moves can last from 6-8 months. They are sustained by traders who try to pick tops and are forced to cover and by those who finally decide to buy into overbought conditions.
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Friday, October 20, 2017
The Greatest Investing Lesson Learned from the 1987 Stock Market Crash / InvestorEducation / Learning to Invest
It's that time of the year again when the stock market doom merchants are at their most vocal as they focus on the historic apex of the darkest day of the darkest month for stocks of the year, October 19th, the 30th anniversary of the 1987 Black Monday that saw the stock market crash by an unprecedented 22% in one day that few saw coming but ever since many prophesies the repeat of each October, regardless of what the stock market has actually done thus far each year as the perma bear crowd can always be seen literally jumping up and down like demented rabbits proclaiming that a crash is once more imminent, pointing to a myriad of harbingers of the imminent stock market apocalypse. Against which the historic record paints a picture of a coin toss having proved infinitely more accurate than the perma crash is coming calls awaiting their broken clock moment to proclaim their success.....
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Thursday, October 19, 2017
Stock Market Time to Go All-in. Short, That Is / Stock-Markets / Stock Market 2017
SPX has challenged short-term support at 2548.77 and bounced off the Diagonal trendline at 2548.00.
A decline beneath 2548.00 is a confirmed sell.
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Thursday, October 19, 2017
How Gold Bullion Protects From Conflict And War / Commodities / Gold and Silver 2017
– Gold and silver’s historical role in conflict shaped the world today and the modern financial system
– Gold played an important function in the great conflicts up to and throughout the 20th century
– Gold and the effective use of bullion played a crucial role in the outcome of the American Civil War
– Gold was an important economic agent in both World Wars, conferring a huge advantage on the allies
– In a world beset with risks of war both in the Middle East and with North Korea, Russia and China … gold will protect
Thursday, October 19, 2017
Stock Market Super Cycle Wave C May Have Started / Stock-Markets / Stock Market 2017
Good Morning!
SPX futures are starting the morning off with a bang as they decline beneath the smaller Ending Diagonal trendline and Short-term support at 2547.80. There appears to be a bounce as the algos kick in to save the day. However, the damage in Asia and Europe has been done and it appears that there may not be a recovery. The DJIA has already dipped beneath 23000.00 this morning, but appears to have bounced back above that level.
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Thursday, October 19, 2017
Negative Expectations, Will the Stock Market Correct? / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index gained 0.1%, following higher opening of the trading session. The index traded within a relatively narrow intraday trading range once again. The market may retrace some of its recent rally. Therefore, intraday short position is favored. Stop-loss is at the level of 2,570 and potential profit target is at 2,530 (S&P 500 index).
Thursday, October 19, 2017
Knowing the Factors Affect your Car Insurance Premium / Companies / Insurance
Aaron Abel writes: You won’t believe the car insurance premium rates vary depending on different attributes and the auto insurance provider. They are very careful about the calculation of your monthly premium. They use their personal information and the company data they have a strong algorithm to bear the claim amount.So, that they calculate the insurance premium accordingly.If the risk is more the more, you will have to pay for the car insurance. On the other side, the safer you will be the less you will pay.
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Thursday, October 19, 2017
Bitcoin Runs In Two Price Channels With Different Time Frame / Currencies / Bitcoin
The BTCUSD trades within a rising price channel with support at its bottom around 5110 on the 4-hour chart, indicating that the price remains in the uptrend from 2970. As long as the price is in the channel, the fall from 5870 could be treated as consolidation of the uptrend and further rise is still possible after the consolidation. The bitcoin price is expected to test 5870 resistance in the coming days. A breakout of this level could trigger further upside movement towards 6500, followed by 7000.
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Thursday, October 19, 2017
Will ICOs Take Down Wall Street as Bitcoin Takes Down Central Banks and Fiat Currencies? / Currencies / BlockChain
I’ve said it many times in the past. Blockchain technology is the biggest evolution since the internet.
We’ve seen bitcoin quickly become a challenge to fiat currencies and central banks.
We’ve seen Ethereum change the very nature of apps into dapps or decentralized apps. And, it’s barely even begun yet.
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Thursday, October 19, 2017
Getting Your Feet Wet In Crypto Currencies / InvestorEducation / BlockChain
By Avi Gilburt with Ryan Wilday
Introduction
I want to begin this new series on crypto-currency by introducing my co-author, Ryan Wilday.
In 2012, with twelve years of trading behind him, Ryan had no interest in, or knowledge of, crypto currency. However, a chat with a programmer friend about Bitcoin peaked his curiosity. He then dug up a chart and, despite all his years of experience trading, he couldn’t make sense of its sudden spikes and deep drops.
Thursday, October 19, 2017
SPX Morphs and Extends / Stock-Markets / Stock Index Trading
SPX may be working on its final probe marginally higher than 2564.11. I had to change my Elliott Wave structure to accommodate the new high. This was my alternate view which explains the spike high off the bottom of Wave [iv]. Wave v appears to be expanding, which is typical of this pattern.
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