Friday, April 07, 2017
Gold Market in Q1 and the Outlook for 2017 / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
Gold performed really well in the first quarter of 2017. As the chart below shows, the rally started at the end of December 2016. The yellow metal bottomed at $1,125.7 on December 20, just a few days after the FOMC meeting and the second interest rate hike for almost a decade. Since then, the shiny metal gained about 11 percent.
Friday, April 07, 2017
NG #F (Natural Gas) Rally is Not Over Yet / Commodities / Natural Gas
By: ElliottWave-Forecast
NG #F (Natural Gas) has been rallying since forming a low on 2/22 (2.523). Rally is unfolding as a WXY or double three Elliott Wave Structure where wave W completed at 3.089 and wave X completed at 2.882. Up from red X low, Natural Gas is showing 5 swings up which means the sequence is incomplete and while above black ((x)) low at 3.121, rally should continue higher towards 3.452 – 3.587 to complete 7 swings sequence from red X low. This would also complete a WXY structure from 2.523 low and then we should see a 3 wave pull back in NG #F either to correct the cycle from 2.523 low or at least from red X low.
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Friday, April 07, 2017
US Syria Missile Attack and Symbols of Strength / Politics / US Politics
By: Raul_I_Meijer
I don’t know anything more than anyone else does, outside of the decision makers’ circle, about the reasoning behind the Tomahawk missile attack on a Syrian airport. Have the US neocon warmongers won over Trump and the White House, as I see suggested? Have the Goldmanites? Is that the same group of people? If Trump has conceded to the warmongers, will Putin be next in line? Should Russia have pushed through when it had the upper hand in Syria, and ‘finished’ the job?
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Friday, April 07, 2017
US War Of Terror Continues On With Syrian False Flag Attack / Politics / War on Terror
By: Jeff_Berwick
Everything you have been taught by the US government has been a lie.
The US is not the land of the free. It is, in fact, one of the least free places in the world with the largest concentration camp population, per capita, by a large margin and the biggest extortion racket in the world, extorting Americans via the IRS for more than $2 trillion per year.
The US is not the home of the brave. If it were, the American people would not allow the US government to constantly scare them into giving up what freedoms they have left.
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Friday, April 07, 2017
SPX and GDX in Perspective / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
Below are daily charts of the S&P 500 and the gold miners index ETF, GDX. Right now, it seems as though these two are trading inversely for the most part. Odds are we see a gap down Friday in the stock market and a gap up in GDX. This should be followed by a strong rally for stocks into Monday and a strong drop in GDX. Overall, the stock market looks lower into April 21 with gold stocks trading higher.
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Friday, April 07, 2017
What Makes Millennials Disturbingly Different? / Politics / Demographics
By: Gordon_T_Long
In Stealth Fashion Millennials Are Rapidly Transforming Society
Something had mysteriously changed during the 2016 US Presidential primaries when an unlikely democratic candidate burst on the national scene with an unquestionable allure for the Millennial generation. How was it that a 'left wing' Bernie Sanders, who was of an age that he would be considered as a very old grandfather by this young generation, could draw such rousing support? What was it about this grey haired unknown senator from Vermont who so clearly represented the expectations, aspirations and frustrations of this new 'coming of age' generation?
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Friday, April 07, 2017
Trump to Fire 50 US Cruise Missiles To Erase Syrian Chemical Attack Air Base, China Next? / Politics / US Military
By: Nadeem_Walayat
It appears President Trump is to authorise the imminent launch of air strikes on Syria towards helping break the narrative that he is an 'Manchurian candidate' working for Putin who played a significant hand in getting Trump elected last year. Perhaps Putin failed to properly calculate whether it really is be better for Russia to have an erratic 70 year old toddler in the White House than a rational continuation of the Obama regime in Hillary Clinton.
Thursday, April 06, 2017
Analysis and Forecasts for 50+ Global Financial and Commodity Markets / Stock-Markets / Financial Markets 2017
By: EWI
Hello,
On Wednesday, April 12, our friends at Elliott Wave International are "opening the doors" to their entire line of trader-focused Pro Services -- free for 7 days -- during their Pro Services Open House.
EWI Pro Services bring you opportunity-rich, professional-grade forecasts for 50+ of the world's top markets -- many 24 hours a day, complete with Elliott-wave charts and precise forecasts.
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Thursday, April 06, 2017
Buy Precious, Sell Base (Metals). . . / Commodities / Gold and Silver 2017
By: The_Gold_Report
Precious metals expert Michael Ballanger explains why he believes base metals are overbought and precious metals, especially silver, are set to appreciate.
As the debate rages on and on and on concerning the global economic expansion (U.S.)/recovery (Eurozone)/Ponzi (China/U.K.), I am beginning to feel like a tennis ball in the heated heart of the 1981 McEnroe/Borg Wimbledon final being batted back and forth over the proverbial "Net" of Indecision, Confusion and Fear.
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Thursday, April 06, 2017
4 Maps That Show Why Europe Is Destined for Extinction / Politics / European Union
By: John_Mauldin
BY GEORGE FRIEDMAN: The European Peninsula runs from Portugal and Britain in the west, to St. Petersburg in the east, and the city of Rostov-on-Don in the southeast. It goes from the Mediterranean and Black seas to the North Sea and Baltic Sea.
Access to rivers, the Mediterranean, and the North Atlantic has let the European Peninsula build trade routes and flourish economically.
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Thursday, April 06, 2017
Stock Market Downward Reversal Or Just Correction Before Another Leg Up? / 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, April 06, 2017
From Inflation to Imflation, Agflation and Munflation / Economics / Inflation
By: Submissions
Vakhtang Charaia and Vladimer Papava write: Inflation is an important macroeconomic indicator for the analysis of an established economic situation as well as forecasting the economic development for any country. The “consumer basket,” which helps to indicate the consumer price index (CPI) or the average inflation rate, incorporates several commodity groups and given the correspondent weights encompasses different goods and services. Some of the commodity groups (e.g. electronics, new and used cars, furniture, hotel and restaurant services, etc.) fails to reflect the problem of the low-income population.
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Thursday, April 06, 2017
The 2 Best Assets to Own While Waiting for a Recession / Stock-Markets / Investing 2017
By: John_Mauldin
BY STEPHEN MCBRIDE : The current bull market celebrated its eighth birthday on March 9. At 96-months long, it’s now the second longest in history.
However, with the S&P 500 set to have its worst monthly performance in over a year and the DJIA down six days in a row, questions have arisen about how much longer this run can continue.
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Thursday, April 06, 2017
EU-UK Trade Will Continue Because Germany Needs It To / Politics / BrExit
By: John_Mauldin
BY JACOB SHAPIRO : British Prime Minister Theresa May has signed a letter officially invoking Article 50. That starts the process of the United Kingdom's withdrawal from the European Union.
Almost a year has passed since 52% of British voters opted to leave the EU. But the process for separation has now been initiated. The next issue is how to understand what will happen during the two years of UK-EU negotiations that lie ahead.
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Thursday, April 06, 2017
Gold and Silver Boom or Bust? / Commodities / Gold and Silver 2017
By: Hubert_Moolman
Gold and silver prices are at a critical point. It appears that we will see massive price movements up or down, soon. Conditions are very similar to that of the early 80s (circa 1983), for example, when the Dow had just made a significant breakout, after a 17-year consolidation. See below, a long term chart for the Dow (generated at tradingview.com):
Thursday, April 06, 2017
The BrExit War, Game Theory Strategy for What UK Should Do to Win / Politics / BrExit
By: Nadeem_Walayat
The BrExit Story - BrExit is the latest big story for the people of Britain to believe in, a story that has split the population in half between the Remainer's and the Leavers. The BrExit vote was a reaction to the slow dissolution of what was once the world’s most powerful nation into just another bolt on to the European Union Superstate. For Leavers BrExit is seen as a last ditched effort for Britain to resurrect its golden age. So whilst you read part 2 of my comprehensive BrExit analysis, remember that BrExit is just the latest story built on past stories of glory and it won't be too long before we all move onto the next big story, as that is what humans do best, tell stories and believe them to be true, be they religious, political, social, personal, ethnic or economic stories. But today's story is BrExit.
Thursday, April 06, 2017
The Myth of Market Shocks / InvestorEducation / Learning to Invest
By: EWI
An Excerpt from Chapter 1 of The Socionomic Theory of Finance
By Robert Prechter
Few people find a new theory accessible until they first see errors in the old way of thinking. Part I of this book challenges the universally accepted paradigm under which humans' rational reactions to exogenous (external, or externally generated) causes purportedly account for financial market behavior. The current chapter explores whether dramatic news events affect financial markets.
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Thursday, April 06, 2017
The Syria ‘Chemical Attack’ / Politics / Syria
By: Raul_I_Meijer
Reading up on the Syria ‘chemical attack’ issue (is that the right term to use?). The headlines are entirely predictable, and by now that probably won’t surprise anyone, no matter where they are or what views they adhere to. We know there’s been an attack and that some kind of chemical was used. The media talk about sarin.
They also, almost unanimously, blame the Syrian government of Bashar al-Assad for it. But that’s the same government that just this week saw both US Foreign Secretary Rex Tillerson and US UN enjoy Nikki Haley point to a significant shift in American policy, towards a view that removing Assad is no longer a priority in US Middle-East policy.
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Wednesday, April 05, 2017
Stock Market Investors Stupid is as Stupid Goes / Stock-Markets / Stock Market 2017
By: James_Quinn
If you prefer fake news, fake data, and a fake narrative about an improving economy and stock market headed to 30,000, don’t read this fact based, reality check article. The level of stupidity engulfing the country has reached epic proportions, as the mainstream fake news networks flog bullshit Russian conspiracy stories, knowing at least 50% of the non-thinking iGadget distracted public believes anything they hear on the boob tube.
This stupendous degree of utter stupidity goes to a new level of idiocy when it comes to the stock market. The rigged fleecing machine known as Wall Street has gone into hyper-drive since futures dropped by 700 points on the night of Trump’s election. An already extremely overvalued market, as measured by every historically accurate valuation metric, soared by 4,000 points from that futures low – over 20% – to an all-time high. Despite dozens of warning signs and the experience of two 40% to 50% crashes in the last fifteen years, lemming like investors are confident the future is so bright they gotta wear shades.
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Wednesday, April 05, 2017
When Will Russia Run Out Of Oil? / Commodities / Crude Oil
By: OilPrice_Com
On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 percent of global proved reserves. Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. Russia’s exploration activities, which were hit not only by plummeting oil prices but also by a targeted sanctions regime, suffered a double blow during this period. In 2015, only seven new hydrocarbon discoveries were made in Russia, three of them in the Baltic Sea. In 2016, oil and gas companies in Russia discovered 40 prospective fields, however, the 3P reserves of the largest among them, Rosneft’s Nertsetinskoye, amounted to 17.4 million tons. This stands in stark contrast with pre-sanction period achievements, for instance, 2014’s largest find, Pobeda, is believed to contain 130 million tons of oil and 0.5TCm of gas.