Saturday, May 06, 2017
UK Local Elections 2017 - Labour Blood Bath, UKIP Death, Tory June 8th Landslide / ElectionOracle / UK Local Elections
By: Nadeem_Walayat
The local election results have confounded election logic which is that the party in government
tends to do badly at mid-term local elections. Of course we are not living in normal times, we are living in the age of BrExit where most voters realise the fundamental fact that there is only one party that has any chance of ensuring a successful Brexit outcome, the Conservative party and so the voters are intent on putting the country first by delivering Labour a blood bath whilst to all intents and purpose literally KILLING UKIP off in Thursdays vote which saw many Labour and most UKIP voters mark their ballot papers with crosses and ticks against the Conservative candidate.
Saturday, May 06, 2017
EURUSD and GBPUSD at a Turning Point / Currencies / Forex Trading
By: Enda_Glynn
My Bias: short in wave 3 blue.
Wave Structure: downward impulse wave 1, 2 blue
Long term wave count: lower in wave 3 blue
Important risk events: EUR: French Presidential Election, German Factory Orders m/m. USD: Mortgage Delinquencies.
Good night to you all, and welcome to the weekend, again.
Life seems to just disappear so quickly!
Saturday, May 06, 2017
Deep State Pushing America Into Wars - The Horror! The Horror! / Politics / US Military
By: James_Quinn
In Part One of this article I detailed how propaganda has been utilized by the Deep State for decades to control the minds of the masses and allow those in control to reap the benefits of never ending war. In Part Two I will discuss recent events, false flags, and propaganda campaigns utilzed by the Deep State to push the world to the brink of war.
Saturday, May 06, 2017
Donald “Big Government” Trump Approves Of Even Bigger Budget Than Obama / Politics / Government Spending
By: Jeff_Berwick
Yesterday, the House passed another massive yearly “Omnibus Appropriations” spending bill which came in at a whopping $1.163 trillion! That’s more than Obama spent last year.
American’s who thought Donald Trump was really going to bring hope and change must really be shocked to see spending as yuge, or yuger than Obama’s.
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Friday, May 05, 2017
Gold-Futures Stocks Shorting Attacks / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
Gold has suffered a sharp pullback over the past couple weeks, stoking much bearish sentiment. While a variety of factors fed this selloff, the precipitating catalyst was a gold-futures shorting attack. These are relatively-rare episodes of extreme selling specifically timed and executed to manipulate gold prices lower rapidly. Traders need to understand these events, which are inherently self-limiting and soon bullish.
Gold-futures shorting attacks are very real, with telltale volume and price signatures unlike anything else. I’ve studied them for many years now, and have written extensively about them in our newsletters as they occur. But it’s critical to realize these rare events are only responsible for a tiny fraction of all gold selling. The vast majority of the time gold selloffs are driven by other far-more-normal factors, not shorting attacks.
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Friday, May 05, 2017
Shifting World Economies Present Massive Opportunities for Investors / Stock-Markets / Investing 2017
By: Chris_Vermeulen
Recent news from the World Economic Forum (weforum.org) has outlined recent core global economic functions and relationships (https://www.weforum.org/agenda/2017/03/worlds-biggest-economies-in-2017). We found this interesting in both factual data and interpreted data and we wanted to present our analysis to you, our valued members.
Friday, May 05, 2017
French Elections, Brexit And Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
The first round of the French presidential elections is behind us. Now, the main developments in Europe which may affect the gold market – except the turmoil in the still fragile banking sector – are a run-off in France and Brexit. Let’s analyze them and their potential impact on the gold prices.
Friday, May 05, 2017
Why the Trump Tax Plan May Implode in America Rather than Explode in China / Politics / Taxes
By: Dan_Steinbock
Recently, President Trump released a US tax cut plan to reshore US corporate revenues. Some expect it to cause great challenges to manufacturing and capital outflows from China. The realities are more complex.At the eve of the White House’s 100-day mark in office, the Trump administration released an outline of tax reductions for American companies and households. There is great demand for change. US tax individual income tax system is broken, and while US corporate tax rates are high internationally, US companies have parked more than $1 trillion worth of cash abroad.
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Friday, May 05, 2017
Gold Stocks and Silver Nearing Relief Rally / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
The past few weeks have been rough for precious metals. Gold had climbed all the way to $1297/oz but the other parts of the sector (Silver and the gold stocks) failed to confirm the move. They have since fallen off a cliff. Over the past 14 days, GDX has lost 15% while GDXJ has declined 20%. Silver during that span has declined every day. Yes, Silver has declined 14 consecutive days. Gold still has some “catching down” to do (with the rest of the sector) but the gold stocks and Silver are oversold and nearing a bounce.
Friday, May 05, 2017
BrExit War - Theresa May Warns EU to Cease Interfering in UK General Election / Politics / BrExit
By: Nadeem_Walayat
The general election appears to be fast accelerating the evaporation of the calm before the Brexit storm as negotiations appear to be breaking down even before they were due to be begin following the outcome of the 7th May French Presidential Election. It started early week following the leak of last weekends lunch between Theresa May and European Commission unelected President Jean-Claude Junker that saw the continents europhile press put an anti-British spin on the meeting.
Friday, May 05, 2017
Gold Price Cycle Low Update / Commodities / Gold and Silver 2017
By: SurfCity
Seems everyone (me included) is trying to spot when the next Intermediate Low in Gold and PMs will be. Again, one of the things I am looking for is a failed short term Trading Cycle to confirm the move into the next Intermediate Low.
Well we now have Failed Trading Cycles in Silver and two Failed Cycles in GDX and GDXJ. Silver and the GDXJ are very oversold here so could we be nearing an Intermediate Bottom (RSI, MACD and Slow Sto are all at or approaching ICL levels)? But Gold is the Cycle driver and the Gold chart is giving me some issues (see my next section).
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Friday, May 05, 2017
Stock Market Volatile Consolidation Day / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices had a very topsy-turvy volatile session. The day started out with a hard gap down, they bounced hard, came down again with another bounce up, came down one more time around the noon hour even harder, and then rallied for the rest of the day. They consolidated late in the day and firmed up to close mixed on the day.
Net on the day, the Dow was down 6.43 at 20,951.47. The S&P 500 was up 1.39 at 2389.52. The Nasdaq 100 was up 1.16 at 5626.32.
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Friday, May 05, 2017
Nervous Breakdowns in the Gold and Silver Precious Metals Markets / Commodities / Gold and Silver 2017
By: Rambus_Chartology
The internet is slower than molasses in January and hard to annotate charts, but I got a few updated. Below is the combo chart for the PM complex we’ve been following which shows the dominate pattern being the triangle consolidation pattern. Just before I left the price action was breaking out below the bottom rail and I was looking for a possible backtest to the underside to take one last position. Some had a complete backtest but others didn’t. If you were lucky enough to get that last position great job.
Friday, May 05, 2017
Gold Stocks Huey Looking Haggard These Days, But… / Commodities / Gold and Silver Stocks 2017
By: Gary_Tanashian
HUI is torn, frayed and downright bearish. What’s more, it’s been bearish since it started to drop from the SMA 200 failure point.
In NFTRH, we managed bounce #1 (off the Dec. low) as just that, a bounce. Then we managed bounce #2 as just that, a bounce. It doesn’t take a trained eye to see why; only a rise above the October high would have set an uptrend for bounce #1 and a rise above the February high would have set an uptrend for bounce #2.
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Friday, May 05, 2017
Gold Miner Stocks, Metal Proxies and Gold Bugs in Hades ? or just close / Commodities / Gold and Silver Stocks 2017
By: Denali_Guide
In a place called PURGATORY, hundreds of Gold Miner Stocks, and thousands of GoldBugz find themselves stranded today as the bodies of JNUG and GDXJ twist in the wind, as they wait to be cut down from the gallows of the GDX / GDXJ RE-Balance.
Thursday, May 04, 2017
French Election Forecast Countdown - Elite Banker Macron vs Fascist Le Pen / Politics / France
By: Nadeem_Walayat
All eyes are now on the second and final round of voting to be held in a few days time on 7th May 2017 when Rothschild Banker Macron goes head to head against Fascist Le Pen. The consensus view is that Marine Le Pen just CANNOT Win, as the odds are heavily stacked against her despite a late narrowing in the polls giving Macron a healthy lead of 60% against Le Pen trailing heavily behind on 40%,that's a HUGE 20% gap!
Thursday, May 04, 2017
New Risk for Investors: Fed Considers Jacking Up Inflation Target / Economics / Inflation
By: MoneyMetals
Stefan Gleason : Investors are under-estimating inflation risk. As a consequence, they are under-pricing inflation protecting assets including precious metals.
The Federal Reserve has given itself the objective of engineering an inflation rate of around 2%. However, there are many ways in which real-world inflation can potentially outpace the Fed’s 2% target.
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Thursday, May 04, 2017
Choose Your Neighborhood Wisely / Housing-Market / Social Issues
By: Rodney_Johnson
To make good on a promise to my wife, a native Texan, we just completed our move from Florida back to Texas.When we left the Lone Star State in 2005 (on her birthday, no less), she told me she’d like to move back when the kids had left the house. With the youngest now a freshman in college, it was time.
We could live anywhere, since my work doesn’t require a geographic center. So last fall we narrowed the search for a new home by considering climate, natural beauty, proximity to a major airport and health care, and travel time to relatives.
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Thursday, May 04, 2017
Stock Market Largest Bubble Since 1983 - Why to Think Like a Surfer / Stock-Markets / Liquidity Bubble
By: Harry_Dent
I took up surfing in my early 30s.It didn’t last long. But I learned a tremendous amount from the experience (least of which is that I suck at surfing).
Well, it’s time to think like a surfer.
Your sole focus is to catch the wave.
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Thursday, May 04, 2017
Sign of Gold and Silver Stocks Outperformance / Commodities / Gold & Silver Stocks 2017
By: P_Radomski_CFA
Precious metals moved visibly lower yesterday, but we can’t say the same about gold and silver mining stocks. The miners refused to follow the metals lower and the question is if this is a sign of a local (or major) bottom.
In our opinion, it’s too early to say so. Miners did outperform yesterday, but due to the recent major technical development (namely, the breakdown below the key long-term support line), the implications are not necessarily bullish.
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