Thursday, May 11, 2017
Could Breakthrough Cancer Treatments Raise Industrial Gold Demand? / Commodities / Gold and Silver 2017
By: HAA
Shannara Johnson : Precious metals aren’t just used as investments and for jewelry—some of them have a wide range of industrial applications as well.
Silver, for example, is used (and used up) in a multitude of products, from solar panels to glass coatings, LED chips, semiconductors, touch screens, water purification, and more.
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Thursday, May 11, 2017
There’s a New Mafia in Town, American Dream Dead? / Politics / US Politics
By: Harry_Dent
Just look at this chart!
If you were born in 1980, you only have a 50% chance of making more money than your parents.
But if you were born in 1950, you had a 79% chance, according to research that Raj Chetty and his team of economists did.
That’s one heck of a drop!
Thursday, May 11, 2017
What’s the Fed Factor in US Treasury Bond Yields? / Interest-Rates / US Bonds
By: Harry_Dent
I hate taxes.I don’t begrudge paying for a functioning government, it’s the dysfunctional favoritism that ticks me off.
This amorphous blob in Washington sucks dollars out of my wallet and then tells me not to worry about how it’s spent, even as I watch the government hand my dollars out like candy.
I’m still beside myself about General Motors.
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Thursday, May 11, 2017
SPX is Weaker, But No Signal / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX futures are down, but not enough to give a signal, yet. The SPX may go either way, so be warned of some chaotic moments today.
ZeroHedge reports, “Asian stocks rose lifted by commodity names; European equities trade mostly lower but with little in the way of conviction or firm direction while the Italian banking index is at the highest level in a year following domestic earnings; S&P index futures are modestly in the red after the cash market closed at a record high Wednesday and investors prepared for earnings from retailers; we expect the now general vol selling program to promptly lift the S&P into new all time highs minutes after today's open.”
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Thursday, May 11, 2017
Gold Exports From U.S. – Something Big Is Happening / Commodities / Gold and Silver 2017
By: GoldCore
by SRSRoccoReport.com : Most Americans didn’t realize it, but something BIG changed in the U.S. gold market in the beginning of 2017. While precious metals sentiment and buying in the U.S. has dropped off considerably in the first quarter of 2017, the East continues to acquire gold, HAND OVER FIST.
Thursday, May 11, 2017
Stocks Fluctuate Along Record Highs - Topping Pattern Or Just Pause? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Thursday, May 11, 2017
Gold’s Big Move / Commodities / Gold and Silver 2017
By: Hubert_Moolman
Gold is currently trading near a critical level, from where a massive move up or down is imminent. One of the measures that illustrate we are a close to a big move, is the following resistance line on the gold chart that I have previously highlighted. Below, is a gold chart (from tradingview.net) with the resistance line indicated:
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Thursday, May 11, 2017
The USD is Going Higher from Here... / Currencies / US Dollar
By: Zach
Got a great set-up here on the $USD index for readers of The Market Oracle.The USD will be going higher from here. How do I know? - The charts are
talking (screaming infact) to us!
So, let's take a look at the UUP DAILY, WEEKLY and MONTHLY charts...
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Thursday, May 11, 2017
Stock Market Interesting Sell-Off Day / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market had an interesting day today with the indices down in the morning, up midday, and rallying right to within an hour of the close, but could not get through the highs, and then a sharp sell-off ensured. They did hold secondary support, came back very sharply, and finished near the highs for the day.
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Thursday, May 11, 2017
Fast Charts and World Markets: $18 TRILLION, A Bold Forecast, Inflation(?) / Stock-Markets / Financial Markets 2017
By: EWI
See our global market charts that cover $18 TRILLION, inflation(?), and a truly bold forecast.
Thursday, May 11, 2017
UK Retirement Incomes Hit 33-month High as Record Numbers Turn to Personal Pensions / Personal_Finance / Pensions & Retirement
By: MoneyFacts
Key findings:
· Average retirement incomes increased by 5.2% in Q1 2017 and have risen by almost 15% over the last year. They are now at their highest level since July 2014.
· Retirement incomes have been boosted by strong pension fund returns and generally higher annuity rates.
· The uplift comes at a time when personal pension membership and contributions are at record highs.
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Wednesday, May 10, 2017
Arizona Legislature Ends Income Taxation on Gold & Silver / Commodities / Gold and Silver 2017
By: MoneyMetals
By Jp Cortez : Phoenix, Arizona (May 10th, 2017) – Sound money advocates scored a major victory today when the Arizona state senate voted 16-13 to remove all income taxation of precious metals at the state level. The measure heads to Governor Doug Ducey, who is expected to sign it into law.
Under House Bill 2014, introduced by Representative Mark Finchem (R-Tucson), Arizona taxpayers will simply back out all precious metals “gains” and “losses” reported on their federal tax returns from the calculation of their Arizona adjusted gross income (AGI).
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Wednesday, May 10, 2017
Comey and the End of Conversation / Politics / US Politics
By: Raul_I_Meijer
You might have thought, and hoped, that recent events, such as the election of Trump as president of the US, or Brexit, or the rise of Marine Le Pen and other non-establishment forces in Europe, would, as a matter of -natural- course, have led to increased conversation and discussion between parties, entities, whose divisions were material in sparking these events.
Wednesday, May 10, 2017
Czar Trump Fires Comey, Terminates Deep State FBI, CIA Director Next? / Politics / Deep State
By: Nadeem_Walayat
America is fast descending into an alternative reality as the delirium inducing President systemically presses the Reset Button on the United States of perhaps that which has gone before for the past 100 years. The latest step is to systimatically dismantle all opposing law enforcement and intelligence agencies that have been busy discovering and leaking the deep underlying truths that Trump IS Putin's 'Manchurian Candidate', a fellow delirium inducing dictator who has warped the minds of Russians to blame everyone for Russia's woes except the person responsible, Czar Putin, whom Trump is grateful towards for ensuring his election.
Wednesday, May 10, 2017
Gold False Reversal? / Commodities / Gold and Silver 2017
By: Gary_Savage
Gold likes to print false reversals to sucker in longs too early. I'm not convinced the daily cycle has bottomed yet.
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Wednesday, May 10, 2017
Precious Metals Bottoming In The Upcoming Week? / Commodities / Gold and Silver 2017
By: Submissions
By Avi Gilburt : First published on Saturday May 6 for members of ElliottWaveTrader.net: Last week, I noted that we still likely have lower levels to strike in this complex, but that I expect the market to set up a bottom very soon. I still maintain that expectation as I write this.
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Wednesday, May 10, 2017
SPX Showing Weakness, but No Breakdown, Yet / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The SPX futures have been testing yesterday’s low, but no breakdown, yet. I am still treating the peak at 2403.87 as wave [a] of 5. Since it is an (a)-(b)-(c) wave already, it may be complete, but we will not have confirmation until SPX declines beneath the Wave 4 low at 2379.75.
ZeroHedge reports, “Just as the reflation trade appeared to be finding its latest wind, after a modest rise in oil prices over the past 24 hours (now that Andurand has finished liquidating his book) and a halt to the commodity rout in China, Trump threw the markets for a loop again with his firing of James Comey, which has implications on everything from Trump's tax policy (most likely delayed due to more infighting between, and within, the two parties) to US geopolitics (will Trump launch another attack, this time against N. Korea to deflect from this scandal?)”
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Wednesday, May 10, 2017
Walkers Pay Packet - How Many Wins After Buying 300 Packs of Crisps? / Personal_Finance / Freebies and Comps
By: Anika_Walayat
Like many regular crisp chompers out there, we have been well and truly sucked into Walkers Crisps latest promotion that offers the chance to instantly win a Pay Packet! A cash prize anywhere from £5 to £28,000! Our preferred method of entry is via the multi-packs, that depending on the retailer cost anywhere from a £1 bargain to a £2 rip off! To date we have bought 50 multi-packs totaling 300 packets of crisps. So find out in our latest video whether ordinary shoppers have any real chance of winning a prize after buying 50 multi-packs (300 crisp packs) and if is it a big prize win?
Wednesday, May 10, 2017
Nasdaq 100 Rockets to New All-Time Highs / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices had a very interesting session. The Nasdaq 100 had a big gap up, and a sharp run in the morning, taking it up to over 5690, and the S&P 500 popped to 2404, both reaching new all-time highs. In the afternoon, they had a slow, 5-wave constructive pullback, although news of North Korea doing additional missile test caused the market to take a big hit. In the last fifteen minutes, they snapped back just as sharply, and actually finished up on the day on the Nasdaq 100, while the Dow and S&P 500 finished slightly lower in the red.
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Wednesday, May 10, 2017
Bitcoin Smashes Through $1,800, Price Doubles Since January! / Currencies / Bitcoin
By: Jeff_Berwick
Bitcoin seems to rise $100 and to new all-time highs every day lately. And today, it has broken through $1,800!
That means bitcoin has doubled since it was $900 in January! And it now boasts a total market capitalization of nearly $30 billion, which of course is about $15 billion more than it was in January.
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