Wednesday, May 24, 2017
Louis Gave: Emerging Markets And Europe Will Outperform The US In The Next Decade / Economics / Emerging Markets
By Stephen McBride : “The key to successful investing is not picking winners, it’s avoiding losers…” Louis Gave, the head of asset management at Gavekal Research, explains his investment philosophy at Mauldin Economics’ 2017 Strategic Investment Conference.
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Wednesday, May 24, 2017
Another Useless Gold Golden Cross Signal / Commodities / Gold and Silver 2017
Once again gold moved higher for some time, which once again made the short-term moving averages (including the 50-day moving average) rise faster than the long-term ones (including the 200-day moving average), which in turn generated the "all-important" golden cross and it is once again heavily commented by financial journalists and reported as something bullish.
There is one tiny problem with the above "analysis" - it's not analysis. Those, who are reporting this "bullish" development didn't check if it is indeed bullish – they are simply repeating the dictionary definition of the "golden cross" and they automatically assume that it applies to all markets, in which it is seen.
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Wednesday, May 24, 2017
It’s Better to Buy Gold & Silver When It DOESN’T Feel Good / Commodities / Gold and Silver 2017
Mike Gleason: It is my privilege now to welcome back David Smith, Senior Analyst at The Morgan Report and regular contributor to MoneyMetals.com. David, thanks for joining us again. How've you been sir?
David Smith: Very good Mike, it's great to be back.
Mike Gleason: Well, before we get into other topics such as the Silver Institute's latest report on the silver market and also the article you wrote for us recently on digital currencies, crypto-currencies, and so forth, I first want to have you set the stage here on where we are and where we've been in the metals markets. The year got off to a good start in gold and silver and then in April, we saw the typical smack down on the futures markets. Silver, for instance, gave back nearly all of its gains during an unprecedented 16-day losing streak and fell about 12% over that period.
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Wednesday, May 24, 2017
Global Warming - Saving Us From Us / Politics / Climate Change
According to Al Gore if we would all pony up US$15,000,000,000,000.00 he and his cronies will save us from ourselves.
Gore’s Energy Transitions Commission’s (ETC) stated goal is net zero carbon emissions by 2050 to keep global temperatures from rising 2 degrees Celsius by 2100.
To this scribbler and question asker net zero carbon emissions costing $15T to accomplish seems like a radical environmental vision and a steep price for us to pay for it.
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Tuesday, May 23, 2017
US Attack on North Korea Is Imminent / Politics / North Korea
George Friedman: The US is preparing to attack North Korea, according to Geopolitical Futures founder George Friedman—setting the stage for a difficult, messy war with potentially catastrophic consequences.
Speaking Monday to a rapt audience at the 2017 Strategic Investment Conference in Orlando, Friedman said that while it is unlikely the US will take action before President Trump returns home at the weekend, North Korea’s actions appear to have “offered the US no alternative” to a clash.
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Tuesday, May 23, 2017
Rosenberg: Republican Presidents Always Come In Near The Stock Market Top / Stock-Markets / Stock Market 2017
By Patrick Watson : GOP presidents have terrible luck. The last three before Trump took office near economic and market peaks, and Trump may have done the same.
That's what Gluskin Sheff economist David Rosenberg said at the Mauldin Economics Strategic Investment Conference today. In a sweeping presentation he called "The Trials and Tribulations of Trumponomics," Rosenberg noted the odd pattern dating back almost 40 years.
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Tuesday, May 23, 2017
Stock Market Forecast for Next 3 Months - Video / Stock-Markets / Stock Market 2017
This is the stock market forecast for the next 3 months for the US stock market, gold, silver, and gold mining stocks. In this video I also tell you what is the next market going to do tomorrow.
Each trading day I share my updated pre-market stock market forecast for the next 3 months and on Fridays, I share my stock market forecast for next week.
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Tuesday, May 23, 2017
Shale Oil & Gas Production Costs Spiral Higher As Monstrous Decline Rates Eat Into Cash Flows / Commodities / Shale Oil and Gas
If you believe the recent surge in U.S. oil production suggests that good times are here once more, think again. While the U.S. oil industry continues to increase production by adding a great deal more drilling rigs, there is serious trouble taking place in the shale patch that very few are aware. This has to do with the rapid deterioration of oil and gas economics as horrendous decline rates eat into company cash flows.
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Tuesday, May 23, 2017
Manchester Attack Sees Asian Stocks Fall, Gold Firm / Commodities / Gold and Silver 2017
The appalling attack in Manchester overnight in which over 22 people have been killed has led to a slight uptick in risk aversion in markets.
Investors are cautious after police said they were treating a bombing at a concert in the Manchester Arena as a “terrorist incident”.
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Tuesday, May 23, 2017
US Dollar Breakdown Clears The Way For A 70s Style Silver Rally / Commodities / Gold and Silver 2017
The apparent breakdown of the US Dollar Index is setting silver up for a spectacular rally. In fact, it could rally like it did in the late 70s. Below, is a long-term chart of the US dollar Index:
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Tuesday, May 23, 2017
First-time Buyers Finding Help to Buy ISAs Less Helpful / Housing-Market / Mortgages
Whilst figures from the Office for National Statistics show that house price rises have slowed recently, those looking to get on the first rung of the housing ladder are still faced with the daunting task of gathering together a substantial deposit. With the latest research from moneyfacts.co.uk showing that the top-paying rates on the Government-backed Help to Buy ISA have been slashed by a whopping 1.73% since its launch in 2015, first-time buyers are likely to find it even more difficult to save.
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Tuesday, May 23, 2017
Today's Stunted Oil Prices Could Cause Oil Price Shock In 2020 / Commodities / Gold and Silver 2017
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated market will reach an equilibrium with higher commodity prices by 2018 and U.S. shale production will continue to grow along with global demand.
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Tuesday, May 23, 2017
The Only Metal Trump Wants More Than Gold / Commodities / Metals & Mining
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Tuesday, May 23, 2017
Stock Market Good Day to Start the Week / Stock-Markets / Stock Market 2017
The stock market indices had a exceptional up-day today. The day started out with a gap to the upside, then a sharp run-up, they consolidated in the morning, continued midday, pulled back early afternoon, and ran again for a fifth wave in the afternoon, finishing near the session highs for the day.
Net on the day, the Dow was up 89.99 at 20,894.83. The S&P 500 was up 12.29 at 2394.02. The Nasdaq 100 was up 47.84 at 5699.40.
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Tuesday, May 23, 2017
America's Southern Heritage is a Threat to the Deep State / Politics / US Politics
In an age where the accounts of history are no longer taught or the chronicles of past generations are lost to the consciousness of the current culture; all that is left is a fairy tale of deception designed to confuse, indoctrinate and eliminate critical thinking. Astute students of the War of Northern Aggression understand that the cessation of hostilities set into motion the forces of imperialism and the perversion of a Constitution with the addition of harmful amendments. Liberty was the primary causality of all the bloodshed and the institution of a totalitarian statist regime became the permanent outcome of the conflict.
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Tuesday, May 23, 2017
Is the Gold Price Correction Over? / Commodities / Gold and Silver 2017
With confidence in the post-election "Trump inflation trade" waning, Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, set out their thesis for the end of the current correction in the gold market.
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Tuesday, May 23, 2017
Gold Long-Term Trend Is Bullish Despite Resistance / Commodities / Gold and Silver 2017
Gold rallied $26.50/oz. last week closing at 1,252.70 and above the 200-dma. Gold is finding resistance from the December trendline and the detrended oscillator is overbought warning of a pullback. Gold priced in Euros (lower) isn’t very bullish on gold’s prospects either. Cycles have us looking for a decline into mid-May and possibly as early as last week.
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Tuesday, May 23, 2017
Manchester Bombing - ISIS Islamic Terrorist Attack Attempt to Influence BrExit Election / Politics / ISIS Islamic State
The people of Britain are waking up to a terrorist bomb attack on young people attending an Ariana Grande concert at the Manchester Arena at 10.33pm killing 22 people, including children and injuring 59, Britain's worst terror attack since the London 7/7 bombings nearly 12 years ago. A suspected suicide bomber detonated a device at 10.33pm last night in the foyer as concert goers were leaving. The response of politicians has been to suspend election campaigning for at least 24 hours.
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Monday, May 22, 2017
Stock Markets Should Fear Central Banks More Than Trump / Stock-Markets / Stock Market 2017
Trump’s economic agenda has become further delayed by what seems like daily leaks from the White House. This may finally bring about the long-awaited equity market pullback of at least 5 percent. However, what will prove to be far more troubling than Trump’s ongoing feuds with the DOJ and the press, is the upcoming market collapse due to the removal of the bids from global central banks.The markets have been feeding off artificial interest rates from our Federal Reserve and that of the European Central Bank and the Bank of Japan for years. In addition, the global economy has been stimulated further by a tremendous amount of new debt generated from China that was underwritten by the PBOC. After it reached the saturation point of empty cities, China is now building out its “Belt and Road Initiative” that could add trillions of dollars to the debt-fueled stimulus scheme that has been spewed out over the world-wide economy.
Monday, May 22, 2017
What an America First Trade Policy Could Mean for the US Dollar / Commodities / Crude Oil
JACOB L. SHAPIRO : It was only a few months ago that OPEC, once the de facto arbiter of oil markets, seemed to have a plan to inflate the price of oil: The cartel, along with several non-OPEC members, agreed in December to cut production by roughly 1.2 million barrels per day.
And for the first quarter of 2017, OPEC largely made good on its pledge. It produced 1.1 million fewer barrels of oil per day in the first quarter of 2017 than it did in the final quarter of 2016. Saudi Arabia, OPEC’s largest producer, accounted for 55% of the cuts.
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