Friday, October 06, 2017
Stock Market Blow-off Top / Stock-Markets / Stock Market 2017
As mentioned earlier, SPX wasn’t finished with its final extension. It now appears to be done. It has exceeded all Wave relationship calculations, from the smallest degree to the largest.
This may be a very dangerous place for the longs, but even the shorts will have difficulty taking a position. We have seen a 2.5% rally in 56 hours, just 4 hours short of 8.6 days.
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Friday, October 06, 2017
Eastern Europe Is Becoming a Target for Capital from All Around the World / Economics / Eastern Europe
Eastern Europe has showed some impressive growth rates over the past decade.
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Friday, October 06, 2017
Attractive Countries for Expanding your Business / Companies / SME
Most entrepreneurs start a small or medium-sized company and as the company begins to develop, they take into consideration the possibility of expanding the business to a new jurisdiction. This decision can have important strategic implications for the company, as it will open up a range of new possibilities and access to new customers.
Here are some countries in Europe and Asia that offer various advantages for investors. You can start considering these after you have decided that expansion is the next step for your company.
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Friday, October 06, 2017
Stock Market as Good as it Gets; Like 2000 With a Twist / Stock-Markets / Stock Market 2017
With the Semiconductor sector below but hailing its all-time highs, a lot of images come to mind; chief among them the 1999-2000 stock market bubble…
In early 2013 we noted a progression that would go on to birth the current economic expansion and stock market boom (of course, I didn’t come close to envisioning the extent of the boom that followed). I’ve belabored it often since, but here’s the short version of the progression yet again…
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Friday, October 06, 2017
3 Billion Yahoo Accounts Hacked - Cyber Risk Highlights Gold's Importance / Commodities / Gold and Silver 2017
– Yahoo admits every single one of 3 billion accounts hacked in 2013 data theft
– Equifax hacking and security breach exposes half of the U.S. population
– Some 143 million people vulnerable to identity theft
– Deloitte hack compromised sensitive emails and client data
– JP Morgan hacked and New York Fed hacked and robbed
– International hacking group steals $300 million
– Global digital banking and financial system not secure
Friday, October 06, 2017
USDCAD Remains In Downtrend From 1.3793 / Currencies / Canadian $
USDCAD recently broke above the resistance trend line of the price channel on the daily chart, suggesting that lengthier consolidation for the downtrend from 1.3793 is needed. Range trading between 1.2061 and 1.2778 would likely be seen over the next several weeks.
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Thursday, October 05, 2017
Electric Cars Oil Paradigm Shift Dead Ahead / Commodities / Crude Oil
The Chinese are holding their next national congress assembly from 18th October. This is a major event where macro policy for China is agreed and implemented. On the agenda will be the electrification of national road transport, with a plan to be all electric by 2050. This will achieve two objectives: Reduce pollution in the major cities and to be the global leader in the electric vehicle (EV) technology, and associated technologies. The Chinese are also building the infrastructure around the concept, including a huge electric grid upgrade across the country over the next 10 years, to cope with the additional load.
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Thursday, October 05, 2017
Why is Gold Demand Weak? / Commodities / Gold and Silver 2017
Jeff Clark : I gave a presentation to some corporate board members recently, and they had one primary question on their mind. Why is overall gold demand weak?
These are smart people. They’re successful, both professionally and with their investments. They even believe in owning a little gold. But they’ve been puzzled by the significant drop in demand for physical metal. They had some ideas, which were mostly right, but their main concern was if they were overlooking some critical factor that was making other investors ignore gold.
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Thursday, October 05, 2017
How to Fund a Universal Basic Income Without Increasing Taxes or Inflation / Politics / Social Issues
Studies have shown that it would actually be cheaper to distribute funds to the entire population than to run the welfare services governments engage in now.
The policy of guaranteeing every citizen a universal basic income is gaining support around the world, as automation increasingly makes jobs obsolete. But can it be funded without raising taxes or triggering hyperinflation? In a panel I was on at the NexusEarth cryptocurrency conference in Aspen September 21-23rd, most participants said no. This is my rebuttal.
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Thursday, October 05, 2017
Capital Destruction in Precious Metals and Banking / Commodities / Gold and Silver 2017
Precious metals expert Michael Ballanger discusses capital destruction in precious metals and banking.So there you have it. A clear breakout to all-time highs confirmed by every measure everywhere with momentum charging ahead and high-fives and champagne corks flying about with reckless abandon and serial glee. To quote Chuck Prince, who left Citigroup in 2007 with an exit bonus of around $12.5 million, $68 million in stock and options, $1.7 million pension, an office, a car and a driver for five years during which time Citigroup shed $64 BILLION in valuation, "As long as the music is playing, you've got to get up and dance." So when John Paulson's pit bull Marcelo Kim got up at the Denver Gold Show and assailed the gold mining executives for $85 billion in wealth destruction since 2010, perhaps it might have been instructive to remind him that one executive alone in the banking business (Prince) blew 75% of that on his own.
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Thursday, October 05, 2017
Gold is up this year not just in Dollars but in Every Major Currency / Commodities / Gold and Silver 2017
“Even those of us who have been tracking gold’s progress for decades frequently give in to the ease of quoting gold’s value in terms of fiat currency – most commonly in US dollars. And yet, we have it the wrong way round. Gold is in fact the centre of the economic universe, and all the fiat currencies (including cryptocurrencies) revolve around gold.” – Jeff Thomas, InternationalMan.com
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Thursday, October 05, 2017
Can Stock Market Mood Analysis Also Predict Social Turbulence? / Stock-Markets / Stock Market 2017
Many of you have noted through the years that you simply do not understand how our analysis methodology works. Yes, it can be more complex than most other forms of analysis, but it is also often more reliable and accurate in identifying targets and trends. As an example, where we have used it at the end of 2015 to call for a drop in the market from the 2100 region down to the 1800 region, to set up a rally to the 2500 region. Yet, many still view it as a form of “voodoo.”
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Thursday, October 05, 2017
Here's Why the Time to Worry About the Stock Market "Fear Index" is NOW, Not Later / Stock-Markets / Stock Market 2017
Here's Why the Time to Worry About the "Fear Index" is NOW, Not Later
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Thursday, October 05, 2017
Few Investors Understand The Difference Between A Good And A Bad ETF / Companies / Exchange Traded Funds
BY JARED DILLIAN : There are now about 2,000 ETFs on the market. Many of them are useless.
Some people think we are in an ETF bubble, because of all the stupid ETFs that are coming out. When a fund like WSKY (Spirited Funds/ETFMG Whiskey and Spirits ETF) appears on the scene, it’s safe to assume that the top is probably in.
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Thursday, October 05, 2017
The Pension Storm Is Coming To Europe—It May Be The End Of Europe As We Know It / Politics / Social Issues
I’ve written a lot about US public pension funds lately. Many of them are underfunded and will never be able to pay workers the promised benefits—at least without dumping a huge and unwelcome bill on taxpayers.
And since taxpayers are generally voters, it’s not at all clear they will pay that bill.
Readers outside the US might have felt safe reading those stories. There go those Americans again… However, if you live outside the US, your country may be more like ours than you think.
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Wednesday, October 04, 2017
Tax Reform: Implications for Gold / Commodities / Gold and Silver 2017
Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me explain.
If you were to analyze the impact of any tax changes on any asset, you have two sets of dynamics to consider: those of the tax reform and those of the asset. What makes the comparison to gold unique is that gold is, if I may call it such, the purest of all assets because it doesn’t change. It is the world around it that changes.
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Wednesday, October 04, 2017
Will GBP/USD Decline under 1.3200 in Coming Week? / Currencies / British Pound
Yesterday, the greenback moved sharply higher against the British pound, which approached GBP/USD to the previously-broken August peaks. Will this support manage to stop currency bears in the coming days?
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Wednesday, October 04, 2017
Safe Haven Silver To Outperform Gold In Q4 And In 2018 / Commodities / Gold and Silver 2017
– Safe haven silver to outperform gold in Q4 and 2018
– “Expect silver to eventually outperform gold” say Metals Focus
– 2017 YTD, silver has underperformed gold, climbing by 5% versus 11%
– Silver undervalued versus gold and especially stocks, bonds and many property markets
– Will follow gold’s reactions to macroeconomic & geopolitical factors and should outperform gold
– Special report on India shows it accounts for just 16% of global silver demand
– Silver a “safe haven at times during which gold failed to be” according to academic research
Wednesday, October 04, 2017
The Next Big Offshore Oil Boom Is About To Happen Here / Commodities / Oil Companies
Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil.
On Wednesday, the country’s National Petroleum Agency put 287 oil and gas blocks up for auction, and only 37 found buyers. Too few, it might seem at first. But the proceeds came in at more than US$1.2 billion—a hefty share of this pledged by heavyweight Exxon. The NPA’s expectations for the proceeds were much more modest, at $157 million.
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Wednesday, October 04, 2017
Did You See the 30% Rise in This Major Global Stock Index? (Video) / Stock-Markets / Stock Market 2017
Did You See the 30% Rise in This Major Global Stock Index?
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