Monday, September 04, 2017
North Korea 'Begging for War', 'Enough is Enough', is a US Nuclear Strike Imminent? / Politics / North Korea
The normally dovish US Ambassador to the UN, Nikki Haley was busy banging the war drums at the UN today, effectively warning of a US pre-emptive first strike unless North Korea virtually immediately ceases its missile and nuclear tests.
"Enough is enough, we have taken an incremental approach, and despite the best of intentions, it has not worked."
"War is never something the Unites States wants - we don't want it now, but our country's patience is not unlimited. We will defend our allies and our territory."
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Monday, September 04, 2017
Gold Surges To $1338 as U.S. Warns North Korea of ‘Massive’ Military Response / Commodities / Gold and Silver 2017
– Safe haven gold extends rally to 11-month high after North Korea nuke test and U.S. warns of ‘massive’ response
– Asian and European stocks fall, bonds flat, gold, silver, palladium, Swiss franc rise as Korea tensions flare as North Korea tests ‘hydrogen bomb’
– North Korea prepares for possible ICBM launch says S. Korea
– U.S. warns of ‘massive,’ ‘overwhelming’ military response to North Korea after meeting with Trump
– Trump weighing new economic sanctions that target China
– Gold is consolidating above the $1,300/oz key resistance level and building on 4% gain seen in August
Monday, September 04, 2017
Christopher Columbus and the Falsification of History / Politics / US Politics
The Los Angeles City Council’s recent, crazed decision* to replace Christopher Columbus Day with one celebrating “indigenous peoples” can be traced to the falsification of history and denigration of European man which began in earnest in the 1960s throughout the educational establishment (from grade school through the universities), book publishing, and the print and electronic media. It is amazing that, as of yet, the federal holiday commemorating the Genoese explorer’s world- changing voyage has not come under attack. It is doubtful that in the current radicalized leftist ideological atmosphere, the national government’s recognition of Columbus will survive much longer.
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Monday, September 04, 2017
EURGBP Broke Below Channel Support / Currencies / Euro
After touching the October 2016 high of 0.9305, EURGBP pulled back from 0.9306 and broke below the bottom support trend line of the price channel on its 4-hour chart, indicating that the upside movement from 0.8891 had completed at 0.9306 already. Deeper decline could be expected over the next several days, and the target would be at the bullish trend line on the daily chart now at around 0.9005.
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Monday, September 04, 2017
USDCAD Is Facing Major Support Trend Line / Currencies / Canadian $
After a sideways movement in a trading range between 1.2413 and 1.2778, USDCAD broke below 1.2413 previous low support and extended its downside movement from 1.3793 to as low as 1.2339.
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Monday, September 04, 2017
When and how to invest in the commodity market – Taking a balanced step forward / Commodities / Commodities Trading
Commodity prices usually soar higher during inflationary periods. There are times when the economy goes through soaring levels of inflation, just like it happened in 1970s. During that period, interest rates surged up to 18% to fight against the levels of inflation and the prices of commodities reached their record high levels. However, it is not that all periods of inflation have to be so extreme but at the same time it is true that commodities usually perform well when there is mild inflation in the country.Read full article... Read full article...
Monday, September 04, 2017
Stock Market Keeps Us Guessing / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: The uptrend should continue after pausing for a correction.
SPX Intermediate trend: SPX could make a new high before continuing its correcting into October/November.
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Sunday, September 03, 2017
US Paving the Way for Massive First Strike on North Korea Nuclear and Missile Infrastructure / Politics / China US Conflict
The emerging Chinese super powers North Korean Proxy continues to accelerate towards being able to punch a hole through the US Military Empires encirclement of China as every other day brings North Korea a step closer towards it's primary objective of hitting and destroying the US Military base on Guam, home to over 10,000 troops and 160,000 US citizens, and which as the following map illustrates is just 1 of 400 US military bases in Asia for the express purpose of encircling and containing China.
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Sunday, September 03, 2017
Banana Plant Flowers and Fruits in Sheffield, Yorkshire UK For First Time in 5 years / Personal_Finance / Gardening
Finally, and completely unexpectedly our Basjoo Banana plants have started to flower and fruit! The other day (25th July) we noticed that a new emerging leaf did not look quite right, instead we had the beginnings of a fruiting flower, and barely a 6 days on we noticed that another banana plant in a seperate container was ALSO showing signs of flowering! This was a big surprise, for the earliest we have seen banana plants fruit in Yorkshire was after 9 years of growth! As appeared on BBC Look North last year, so we are 4 years ahead of the fruiting banana tree curve!
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Sunday, September 03, 2017
Gold Breakout & Upside Price Targets / Commodities / Gold and Silver 2017
Gold cleared $1300 early in the week and padded its gains on Friday even amid a bullish weekly reversal in the US Dollar. Gold’s breakout was validated by a strong monthly close on Thursday and then a strong weekly close Friday. As predicted, the miners perked up with the breakout in Gold. GDX and GDXJ gained nearly 6% and 7% respectively for the week. Look for the miners to continue to trend higher as Gold attempts to retest its 2016 highs around $1375/oz.
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Sunday, September 03, 2017
Win a New York Family Holiday with Hovis Despicable Me 3 Loaves of Bread / Personal_Finance / Freebies and Comps
Win a family trip to New York with Hovis in conjunction with Despicable Me 3. Whilst the holiday may prove tough to win, however there are much, much easier to obtain consolation prizes of 3 Magnet Sets, which at 10,000 should literally be easy to win. And there is much more, as our video illustrates.
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Saturday, September 02, 2017
Bitcoin Hits All-Time High and Smashes Through $5,000 As Gold Shows Continued Strength / Currencies / Bitcoin
It feels like I am having financial Déjà vu as I write yet another blog about bitcoin hitting another all-time high! This one is kind of special though!
Our favorite currency just hit $5000 USD!
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Saturday, September 02, 2017
Q4 Stock Market Correction?: Warnings from Citigroup, HSBC and Morgan Stanley / Stock-Markets / Stock Market 2017
Danny Deadlock, founder of Microcap.com, cites evidence that the last quarter of 2017 could be troubled for financial markets.
Last week I had the following calendar reminder pop up from November 2015:
"According to Citigroup's chief US equity strategist Tobias Levkovich, stock prices will continue to rise well after the Federal Reserve begins lifting interest rates. The appeal of large U.S. stocks won't diminish until the Fed is "three or four" rate hikes into its tightening cycle—towards the end of next year. History has shown that stock markets don't peak until two years after the first increase of a monetary tightening cycle."
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Saturday, September 02, 2017
5 Markets Ready to Move Before Year-End / Stock-Markets / Stock Market 2017
Dear Investor,
You have just 4 months left to hit your 2017 goals. Do you know where the best new market opportunities are? Well, you can... today.
Elliott Wave International, a pioneer in technical market forecasting since 1979, has just released a free report from its team of market veterans, "5 Markets Ready to Move Before Year-End."
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Saturday, September 02, 2017
Stock Market About As Crazy As It Gets... / Stock-Markets / Stock Market 2017
NDX appears to have made its final high this morning. The Triangle formation tells us it is so. Triangles always precede a final high or low in a the trending direction.
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Saturday, September 02, 2017
Silver Junior Mining Stocks 2017 Q2 Fundamentals / Commodities / Gold and Silver Stocks 2017
The silver miners’ stocks have largely languished this year, grinding sideways near lows for months on end. This vexing consolidation has fueled near-universal bearishness, leaving silver stocks deeply out of favor. But once a quarter when earnings season arrives, hard fundamentals pierce the obscuring veil of popular sentiment. The silver miners’ recently-reported Q2’17 results reveal today’s silver prices remain profitable.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. These are generally due by 45 days after quarter-ends in the US and Canada. They offer true and clear snapshots of what’s really going on operationally, shattering the misconceptions bred by the ever-shifting winds of sentiment. There’s no silver-miner data that is more highly anticipated than quarterlies.
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Saturday, September 02, 2017
Technology Is Already Eliminating Driver Jobs—Here’s How to Trade It / Commodities / AI
BY PATRICK WATSON : Everyone is worried about robots. Elon Musk fears they will kill us all if we give them both deadly weapons and autonomy.
He certainly has a point, but the non-lethal scenarios are no picnic either. Robots are already taking over human jobs at a rapid pace. Robots are already taking over human jobs at a rapid pace.
Worse, artificial intelligence (AI) systems threaten even “knowledge worker” jobs now.
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Saturday, September 02, 2017
Leading China Expert Lays Down 9 Major Trends That Now Drive The Chinese Economy / Economics / China Economy
Leland Miller is a leading expert on China’s financial system and a good friend of mine.
They regularly interview (if memory serves correctly) about 2000 large Chinese companies in every sector to get a good idea of what is actually happening in the Chinese economy.
There is nothing else like their work, and anybody who is investing large sums or who just does business in China gladly pays the six-figure price to get access to their data and research.
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Saturday, September 02, 2017
Precious Metals Outperform Markets In August – Gold +4%, Silver +5% / Commodities / Gold and Silver 2017
– All four precious metals outperform markets in August
– Gold posts best month since January, up nearly 4%
– Gold reaches highest price since US election, climbs due to uncertainty and safe haven demand
– S&P 500 marginally higher; Euro Stoxx, Nikkei lower for month
– Platinum is best performing metal climbing over 5%
– Palladium climbs over 4% thanks to seven year supply squeeze
– Fear, uncertainty and political sanctions are amongst biggest drivers for precious metals
– Never been a better time to diversify and rebalance portfolios with stocks and bonds near record highs and looking vulnerable
Friday, September 01, 2017
NZDUSD Broke Below 0.7200 Support / Currencies / Forex Trading
NZDUSD recently broke below a major support level at 0.7200, indicating that the uptrend from 0.6817 had completed at 0.7557 already. The pair is now in downtrend, further decline would likely be seen after correction.
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