Thursday, December 01, 2016
Gold and Silver in Review / Commodities / Gold and Silver 2016
Gecko Research reviews the past week in gold and charts their actions.
Gold lost 1.9% or $23 last week to close on Friday at $1,184.10. Silver was, believe it or not, almost flat for the week as it closed at $16.51, down only 4c. The gold to silver ratio was 71.7 at the end of the week.
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Wednesday, November 30, 2016
Referendum Puts Italy's Government to the Test / Politics / Italy
Forecast
- If Italian voters reject a raft of proposed constitutional reforms on Dec. 4, the government will likely resign.
- Should that happen, Parliament could avoid triggering early elections by appointing a caretaker government instead.
- The prospect of a victory by political parties that are critical of the eurozone will continue to create uncertainty in Italy and the rest of the currency area.
Wednesday, November 30, 2016
Why We Haven’t Seen Gold Price Rally after Trump Victory / Commodities / Gold and Silver 2016
Even though the markets haven’t behaved logically of late, it would have seemed a slam dunk for gold to rise if Donald Trump won. After all, we faced uncertainty around his policies, rising inflation from infrastructure spending, and higher expected growth rates.But instead, gold has headed back down more sharply. It had its initial rise in the futures market when Trump looked like he was going to win. But since then, it’s reversed course – the opposite of the stock markets.
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Wednesday, November 30, 2016
Economic Imperialism Could Lead to China’s Demise / Economics / China Economy
In 2007, a Chinese company bought Mount Toromocho in Peru. That’s right. A mountain, in another country.It’s more than half the height of Mount Everest, but aesthetic beauty wasn’t a factor. Beneath the mountain’s surface sits two billion tons of copper, one of the largest reserves in the world. Through a state-owned company, the Chinese government secured access to yet another natural resource overseas.
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Wednesday, November 30, 2016
Breakdown and Slide in Crude Oil Price / Commodities / Crude Oil
Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.
Crude oil gained 2.21% yesterday and came back above $47, but taking a dive today, confirming that closing the long positions yesterday and taking profits off the table was a good idea. Now, the question is how much does today’s decline actually change.
Let’s take a look at the charts to find out (charts courtesy of http://stockcharts.com).
Wednesday, November 30, 2016
A 'Wicked Rally' in Gold Price Predicted / Commodities / Gold and Silver 2016
Precious metals expert Michael Ballanger charts recent moves in the gold market and sees a rally in the making.
Last week I felt that IF gold broke $1,180, it could see another $140 downside, taking it to the December 2015 lows of around $1,045. I also saw that the Relative Strength Index (RSI) was at the extremely low levels usually associated with bottoms.
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Wednesday, November 30, 2016
The Federal Reserve And Interest Rates: Definitely NOT What You Think / Interest-Rates / US Interest Rates
Where we are today is the culmination of decades of irresponsible financial/fiscal policies and a complete abdication of fundamental economics. But that should not be a surprise. The self-proclaimed purpose of the Federal Reserve Bank is to manage the economic cycles; an impossibly presumptive task and a violation of fundamental economic theory.
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Wednesday, November 30, 2016
The Beginning of the End of the European Union / Politics / European Union
Is this the most important time in the EU’s history?
Italy and Austria take votes at the beginning of December that could destabilize or even end the euro and the EU itself.
This is part of a destabilizing trend that we’ve long noted and anticipated, some 16 months ago with the destruction of the EU’s Schengen agreement that used to stand for free-travel throughout Europe.
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Wednesday, November 30, 2016
Very Tough Day Wall Street / Stock-Markets / Stock Markets 2016
The stock market indices had a topsy-turvy day with a pop at the opening, a sharp selloff that held support, then a huge rally that took the Nasdaq 100 from 4849 to 4897, and the S&P 500 from 2198 to 2209. In the afternoon, they consolidated and it looked like they were going higher, but when they failed to do so, they pulled back very sharply, and took a fifty percent retrace of the whole rally, and then had a little bounce at the close. They managed to close positive. But it wasn’t a very spectacular day.
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Wednesday, November 30, 2016
Stock Market - It's the Most Wonderful Time of Year! / Stock-Markets / Stock Markets 2016
The holidays bring more than just gifts under the tree, excess calories, and rude in-laws. December and January represent two of the best months of the year. However, there is often a pause in the uptrend in early December. With US markets having experienced such an extreme "Trump Bump" since the election, patience is likely a virtue for the bears and bulls alike.
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Wednesday, November 30, 2016
Silver Market Sentiment Looks Golden / Commodities / Gold and Silver 2016
Chart of the Day
Bullish sentiment among silver traders recently fell to 8 percent, the lowest reading since mid-2015. So, sentiment is in the right place for the next big leg in the price pattern.
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Wednesday, November 30, 2016
A 6 Step Plan for Trump to Make Our Money Great Again / Commodities / Gold and Silver 2016
By: Jp Cortez & Stefan Gleason : Donald Trump will be sworn in as the 45th president of the United States in January. Americans will then find out then if "Make America Great Again" is more than a campaign slogan.
It isn't going to be easy. On day one, he will inherit a $20 trillion federal deficit and a moribund economy increasingly reliant on low interest rates and central bank stimulus.
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Wednesday, November 30, 2016
Indian Demonetization Denotes Severe Stress in the Global Gold Market / Commodities / Gold and Silver 2016
It is becoming clear that the Indian currency demonetization is actually a planned attack on Indian gold demand, launched to disrupt gold prices and discredit gold as an asset class. The attack was required to alleviate severe stress in the global gold market that is becoming increasingly difficult for the Deep State controllers to contain.
For two decades, physical gold has been migrating from the west to the east in increasing quantities. Numerous reports cross-confirm that the world’s leading refineries are operating at capacity to convert western gold into the kilo products demanded by Asian buyers. Refiners also confirm that the sourcing of western gold has become problematic, as supplies dry up in the face of voracious world, and particularly eastern demand.
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Tuesday, November 29, 2016
Stock Market SPX Making its Final Probe Higher / Stock-Markets / Stock Markets 2016
SPX took plan A mentioned this morning, finding support at 2198.15. The limit to the rally is now adjusted to 2231.12. However, we have a trendline at 2220.00. In addition, Wave C equals .618 of Wave A at 2216.96.
Those brave souls wishing to be aggressive may wish to do a partial short position between 2217.00 and 2220.00.
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Tuesday, November 29, 2016
Owning Gold and Silver in Troubling Times / Commodities / Gold and Silver 2016
I am writing this article for the gold and silver bullion purchaser who wants the comfort, the insurance of owning some gold and silver in what are very troubling times.
There's a lot going on in the world - from Trump being elected in the U.S. to turmoil in the middle east, the China Sea and Turkey, Russia is flexing it's still considerable might, North Korea's flinging it's nukes helter skelter, Japan's rearming, disease runs rampant and fear escalates about virus mutation, there's shortages of fresh water with many rivers not reaching their former endpoint and of course climate change is rearing its head to destabilize natural rhythms or cycles. Add in out of control population growth, the divide between races, religion and wage inequality - the have and have not's - and a coming major economic collapse caused by interest rate increases on the trillions and trillions of dollars of global debt and it'd be hard to go back in history and pick a period of time when things weren't so combustible.
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Tuesday, November 29, 2016
Trump's Presidency - Stock Market Crash or Start of New Mega-Trends / Stock-Markets / Stock Markets 2016
"A little and a little, collected together, becomes a great deal; the heap in the barn consists of single grains, and drop and drop make the inundation." ~ Saadi
Trump's win proves that mainstream Media is in trouble; it is going to be all downhill from here except for the ones that parted ways and tried to provide accurate coverage of what was going on. The crowd will turn increasingly to social media and outlets that focus on facts as opposed to fiction. Mainstream media is in for a painful ride as the crowd is not going to forgive them so easily for their transgressions; the only exceptions being the ones that portrayed an accurate image of what was taking place. Many pollsters might have to look for new jobs, and as we just stated, we feel that social media is going to be the biggest winner. Perhaps this is why Google has its eye on Twitter and has decided to donate its search engine business and in doing so take a $1 trillion business write off.
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Tuesday, November 29, 2016
Stock Market NYSE Hi-Lo Gives a Sell Signal / Stock-Markets / Stock Markets 2016
While the SPX and VIX remain flat at the open, the Hi-Lo Index took a nosedive into bearish territory. This would be considered a tentative sell signal with confirmation provided at the close, should it remain beneath the 50-day Moving Average at 60.27 or the mid-Cycle resistance at 115.21.
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Tuesday, November 29, 2016
Fee Free Mortgages on the Rise / Personal_Finance / Mortgages
Research from Moneyfacts.co.uk reveals that the number of fee-free deals available to those looking for a fixed rate mortgage has more than doubled over the past year. This has given borrowers looking to minimise upfront costs even more choice.
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Tuesday, November 29, 2016
Prime Minister Modi's War Against Corruption, Black Money and Fake Currency Notes in India / Politics / India
Prime Minister Narendra Modi has launched relentless war against Corruption and the associated widely circulating Black Money and Fake Currency Notes in India with a surprise move, as part of his election promises. Black money and fake currency notes have grown to the extent of even destabilizing the Indian Economy and the Nation for which the enemies of the nation, within and outside, have been working. From the strategic point of view, especially in the wake of the increasing Islamic Terrorism sponsored by Pakistan, India has no other option but to uproot both Black and Fake Money at any cost, along with Corruption.
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Tuesday, November 29, 2016
Can President Trump Really Drain the Swamp? / Politics / US Politics
The glorious and providential intervention that provided the courage and motivation for millions of ordinary Americans to vote AGAINST the globalist system, which is the epitome for national betrayal is a once in a lifetime opportunity to eliminate the traitors in our society. Donald J. Trump is only a man. He is not the savior of our civilization, nor is he a miracle worker. Yet his election provides the last best hope that the forces of human enslavement, within our own power structure, can be defeated. Citizens who actually participate in the political process need to practice RealPolitik, when it comes to influencing or shaping public policy.
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