Saturday, September 23, 2017
Stock Market's "Proper Value" Is Nonsense -- Here's Why / Stock-Markets / Stock Market 2017
By: EWI
See why there is no reliable standard of value for the stock market
Should investors rely on traditional ways of evaluating the stock market's "proper value"? You might be surprised at what these four charts show.
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Friday, September 22, 2017
Fed Quantitative Tightening Impact on Stocks and Gold / Commodities / Gold and Silver 2017
By: Zeal_LLC
This week’s landmark Federal Open Market Committee decision to launch quantitative tightening is one of the most-important and most-consequential actions in the Federal Reserve’s entire 104-year history. QT changes everything for world financial markets levitated by years of quantitative easing. The advent of the QT era has enormous implications for stock markets and gold that all investors need to understand.
This week’s FOMC decision to birth QT in early October certainly wasn’t a surprise. To the Fed’s credit, this unprecedented paradigm shift had been well-telegraphed. Back at its mid-June meeting, the FOMC warned “The Committee currently expects to begin implementing a balance sheet normalization program this year”. Its usual FOMC statement was accompanied by an addendum explaining how QT would likely unfold.
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Friday, September 22, 2017
Bitcoin & Blockchain: All Hype or Part of a Financial Revolution? / Currencies / BlockChain
By: Harry_Dent
Jamie Dimon, JPMorgan CEO, says Bitcoin is a fraud – likening it to the 17th century tulip bubble – that will eventually blow up. He said he’d fire any trader who traded it.Ron Insana, CNBC contributor, says Bitcoin is in a bubble, with investor enthusiasm driving it to a new fever pitch. He’s cited several reasons why it will fail.
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Friday, September 22, 2017
Bitcoin after Extreme Volume / Currencies / Bitcoin
By: Mike_McAra
Bitcoin is on the Bloomberg Markets main page again. This is yet another sign of the currency becoming yet another asset class. In the article, we read:
Bitcoin is looking increasingly likely to splinter off again in November, creating a third version of the world’s largest cryptocurrency as miners and developers pursue separate visions to scale its rapidly growing marketplace.
Major industry players, including the bitcoin investor Roger Ver known as “Bitcoin Jesus” for proselytizing on behalf of the digital currency, say consensus between opposing camps looked increasingly unlikely. That opinion was echoed by some of the biggest mining pool operators and also programmers -- known as “Core” developers -- who were instrumental to developing the infrastructure of the original bitcoin network.
Friday, September 22, 2017
How We Made Money Without Knowing It / Personal_Finance / Earnings
By: Rodney_Johnson
Thank goodness!After 17 long years, the median U.S. household income has finally broke above the previous record set in 1999. According to a Census Bureau report released last week, median income increased 3.2% in 2016, to $59,039 after inflation.
That eclipsed the last record of $58,665 set at the end of the 20th century.
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Friday, September 22, 2017
Pensions and Debt Time Bomb In UK: £1 Trillion Crisis Looms / Interest-Rates / UK Debt
By: GoldCore
– £1 trillion crisis looms as pensions deficit and consumer loans snowball out of control
– UK pensions deficit soared by £100B to £710B, last month
– £200B unsecured consumer credit “time bomb” warn FCA
– 8.3 million people in UK with debt problems
– 2.2 million people in UK are in financial distress
– ‘President Trump land’ there is a savings gap of $70 trillion
– Global problem as pensions gap of developed countries growing by $28B per dayp>
Friday, September 22, 2017
Will North Korea Boost Gold Prices? Part I / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
In August, tensions between the U.S. and North Korea rose after Trump’s famous remarks that threats to the U.S. from Pyongyang would be met with “fire and fury”. The relations between these two countries have not been so tense for a long time. What does it imply for the gold market?
Let’s start with the no-brainer: the conflict about Korean Peninsula is a very old one. It implies that investors are used to it and will not panic after the first dramatic news. Some level of hostile relationships and geopolitical conflicts between countries are inevitable and already priced into the yellow metal. The best example may be the Cold War, i.e. a state of geopolitical tensions between two nuclear powers, the U.S. and the Soviet Union, which lasted from 1947 to 1991, but it did not support the gold prices all the time. Actually, the yellow metal entered a bear market in the 1980s.
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Friday, September 22, 2017
South Korea Dispute Throws Wrench In US War Plans / Politics / South Korea
By: John_Mauldin
BY GEORGE FRIEDMAN : Last May at Mauldin Economics’ Strategic Investment Conference, I predicted that the crisis in North Korea would likely lead to war. The crisis ensued, but war has not broken out.
With a top US official saying the Pentagon might have to handle this crisis, it’s time to review what has happened and whether war is really an option now.
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Friday, September 22, 2017
GBPUSD Facing Major Resistance Trend Line On Weekly Chart / Currencies / British Pound
By: Franco_Shao
GBPUSD extended its upside movement from 1.1946 to as high as 1.3652, facing a major resistance trend line from 1.7190 to 1.5016 on its weekly chart. As long as the price is below the trend line, the bounce from 1.1946 could be treated as consolidation of the long term downtrend from 1.7190, and another fall could be expected after the consolidation.
Friday, September 22, 2017
USDJPY Leads the way for a Resurgent Greenback / Stock-Markets / Financial Markets 2017
By: Enda_Glynn
A very good evening to one and all.
Despite a shock to the system last night,
the sharp USD rally has not invalidated any of the operating wave counts.
Although it is a picture of what is to come for the USD in the near future,
The short term wave counts are pointing to one last push up before completing the larger structures.
Friday, September 22, 2017
Cryptocurrencies: Bitcoin & Ethereum Short Term Analysis / Currencies / BlockChain
By: ElliottWave-Forecast
The leading cryptocurrencies BTCUSD & ETHUSD rallied up from 09/15 low in a 3 waves Zigzag structure which ended wave (1) as part of an expected 5 waves diagonal to the upside. Both instruments is now doing a short term pullback in wave (2) as a double three toward equal legs area ($3740 – $3549 for bitcoin) and ($269 – $253 for Ethereum) where it should resume higher or bounce in 3 waves at least.
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Friday, September 22, 2017
Day Trading Guide for Dummies / InvestorEducation / Learn to Trade
By: Kavinesh_A
Currency dealing – the act of dealing economical device within the same day, or even frequently over the course of a day, using little cost goes – can be a successful activity. But it can also be an unsafe activity for those who are new at it or who don't conform to a well-thought out method. Let's take a look at some common day dealing concepts and common day dealing techniques, shifting along from primary guidelines you need to know to innovative techniques that can help you understand how to day business like a pro. Day trading pour les nuls You Need to KnowRead full article... Read full article...
Friday, September 22, 2017
Gold: Often, Simple Forecasting Tools Are All You Need - Video / Commodities / Gold and Silver 2017
By: EWI
Gold: Often, Simple Forecasting Tools Are All You Need - VideoRead full article... Read full article...
Thursday, September 21, 2017
Follow the Money - Why the Stock Market's Up and Why it Won't Last / Stock-Markets / Stock Market 2017
By: The_Gold_Report
Rudi Fronk and Jim Anthony, founders of Seabridge Gold, discuss why the stock market's been up and why it likely won't last. During the last week, the major market indices rallied again. There was no news to account for it. But there was a reason.
The U.S. Treasury has been up against its debt ceiling since March 15 when the ceiling was re-imposed. Since then, there has been no net new issuance from the Treasury. The Treasury has run down its cash balances and borrowed internally from its own resources, which are not subject to the ceiling. This period has been very helpful to the financial markets. With the federal government not selling any net new supply of securities—just rolling the maturing stuff over—the markets have been flush with cash that would otherwise have been absorbed by the government.
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Thursday, September 21, 2017
Why US Missile Defense Won’t Likely Protect Us from a North Korea Attack / Politics / North Korea
By: John_Mauldin
BY GEOPOLITICAL FUTURES : The prospect that North Korea could fire missiles at its enemies has shed light on ways potential targets could defend themselves. And when it comes to missiles, some say the best defense is more missiles.
Ballistic missile defense (BMD) seems like a natural antidote, and though these systems have been in use for some time—and some have even intercepted their targets—the security they promise could hardly be considered absolute.
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Thursday, September 21, 2017
Blockchain Gaining Fast Acceptance in Russia / Currencies / BlockChain
By: Submissions
By John Bonar : Russian interest in cryptocurrencies is blossoming with the endorsement of the country’s president Vladimir Putin. While some within the country’s financial sector, including Bank of Russia chairwoman, Elvira Nabiullina, remain cautious, others are embracing the crypto currency phenomena enthusiastically.Read full article... Read full article...
Thursday, September 21, 2017
Short-Term Uncertainty, As Stocks Fluctuate Along Record Highs / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly:
Intraday trade: Our yesterday's neutral intraday outlook has proved accurate. The S&P 500 index gained 0.1%, as it extended its consolidation along 2,500 mark. The market may continue to fluctuate today. On the other hand, support level is relatively close, at last week's Tuesday's daily gap up of 2,488.95-2,490.37. Therefore, we still prefer to be out of the market, avoiding low risk/reward ratio trades.
Our intraday outlook remains neutral, and our short-term outlook is bearish, as we expect downward correction. Our medium-term outlook remains bearish:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Thursday, September 21, 2017
Gold Price Moved Below Major Support Trend Line / Commodities / Gold and Silver 2017
By: Franco_Shao
XAUUSD failed to break above the descending trend line from 1357.45 to 1334.29 on its 4-hour chart and extended its downside movement to as low as 1293.25.
Thursday, September 21, 2017
Crazy Upside Down Car Hanging off the Road on a Sheffield Tinsley Street / Local / Sheffield
By: Anika_Walayat
Drive down to the Tinsley area of Sheffield and you may be in for a surprise scence, one of a car literally hanging upside down on a pealed roll way. Yes it's difficult to imagine so see the video and the still images of what a real car hanging off a pealed road surface looks like. Though this sculpture is not going to hang around for long so if you want to see it be quick, cos likely it will be gone within days.
Thursday, September 21, 2017
HODLing Bitcoin Hurricane Max in Acapulco, From One Natural Disaster To The Next / Currencies / Bitcoin
By: Jeff_Berwick
Those who follow me on Facebook know that I reported live this week from Hurricane Max in Acapulco, which luckily just missed our area, as opposed to four years ago today where a tropical storm wiped out some local towns and our anarchist rescue team helped in the recovery.
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