Sunday, June 20, 2021
Rambling Fed Triggers Gold/Silver Correction: Are Investors Being Duped? / Commodities / Gold and Silver 2021
By: MoneyMetals
Precious metals markets got absolutely slammed on Thursday. The selling rout followed statements put out by the Federal Reserve suggesting that tapering and rate hikes could come sooner than previously expected.The U.S. Dollar Index spiked on the Fed’s latest talking points, prompting short sellers in the commodity futures markets to pounce.
Copper and most other commodities also got hammered this week.
The interest rate markets, meanwhile, exhibited some unusual divergences. The 30-year Treasury yield fell sharply at the same time as shorter-term bond yields and mortgage rates rose. The effect was a dramatic flattening of the yield curve.
Sunday, June 20, 2021
Gold: The Fed Wreaked Havoc on the Precious Metals / Commodities / Gold and Silver 2021
By: P_Radomski_CFA
Gold declined yesterday, or I should say, it rushed down at breakneck speed. And while it might have been a surprise for some, it wasn’t for me.
However, we should stay alert to any possible changes, as no market moves in a straight line. Tread carefully.
On a side note, while I didn’t check it myself (well, it’s impossible to read every article out there), based on the correspondence I’m receiving, it appears I’ve been the only one of the more popular authors to be actually bearish on gold before the start of this week. Please keep that in mind, along with me saying that yesterday’s decline is just the beginning, even though a short-term correction might start soon. Having that in mind, let’s discuss what the Fed did (and what it didn’t do) in greater detail.
Saturday, June 19, 2021
Investing in the Tulip Crypto Mania 2021 / Currencies / cryptocurrency
By: Nadeem_Walayat
This is part 1 of an extensive full spectrum analysis of the crypto markets, of what I expect to happen over the next 6 months in terms of a Bitcoin price trend forecast, and the strategy I am deploying to capitalise on as well as 5 potential black swans that could collapse the crypto markets where Stable Coins such as USDT are what could be imminent catalysts for.
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Saturday, June 19, 2021
Here’s Why Historic US Housing Market Boom Can Continue / Housing-Market / US Housing
By: Stephen_McBride
Over the past few weeks, I’ve been getting the same question. And it’s an extremely important one.US housing prices are rising at the fastest pace since 2006. Can this possibly continue? I’ll get the short answer out of the way first—YES. In fact, my research says we’re just getting started. And it all has to do with one key metric.
I’ll explain what that is in a moment, as well as the #1 way to take advantage of it. But first, let’s look at where we are today.
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Saturday, June 19, 2021
Cryptos: What the "Bizarre" World of Non-Fungible Tokens May Be Signaling / Currencies / cryptocurrency
By: EWI
The world of cryptos includes something known as non-fungible tokens, which go by the acronym NFTs.
If you're unfamiliar with them, they're a bit bizarre but quite simple. Here's what the April Global Market Perspective, a monthly Elliott Wave International publication which covers 50+ worldwide financial markets, noted:
Investors' manic behavior has expanded to include non-fungible tokens, paying large sums of money for essentially a picture of something.
Getting more detailed, "a non-fungible token is a unique identification code that is affixed to a [digital] asset using blockchain to distinguish it from all other [digital] assets."
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Saturday, June 19, 2021
Hyperinflationary Expectations: Reflections on Cryptocurrency and the Markets / Economics / HyperInflation
By: The_Gold_Report
Sector expert Michael Ballanger offers insights from bear markets of the past to illuminate the "business of money." How quickly we forget.
In each of the last five bear markets since the 1970s, I have etched into my neural storage unit memories as strong and clear as if they happened yesterday. Each one of those nasty declines were accompanied with events that marked the tops and bottoms, consistently found in errant behaviors, and whether they originate from greed, fear or desperation, they were memorable.
Some of those events were the irrational decisions of the investment industry, which always increases staff at the tops and reduces staff at major bottoms. It is found in the emotion-charged decisions of clients who would write letters of complaint because I would not them buy shares in the Hot Stock of the Month, usually some dilly named "Underground Airlines" or "Rectal Gas."
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Friday, June 18, 2021
Gold Prices Investors beat Central Banks and Jewelry, as having the most Impact / Commodities / Gold and Silver 2021
By: Richard_Mills
Gold had a remarkable 2020, gaining 22% for the calendar year on a “perfect storm” of factors, namely:
- Torrid safe haven demand driven by fear of the coronavirus and its economic fallout;
- Record-low sovereign bond yields, with many countries’ bonds actually offering negative returns. There is a strong correlation between the gold price and low yields, particularly the benchmark US 10-year Treasury note yield which plummeted at the start of the pandemic and bumped along under 1% for the rest of the year. Since gold does not offer a yield, it draws money from bonds and other income-yielding assets, when interest rates/ bond yields are low;
- And a low US dollar. There is an inverse relationship between the gold price and the dollar. The US Dollar Index (DXY) crashed from 98.36 in March 2020, as investors sought US dollars as a safe haven, to around 90 for the rest of the year, as it became clear to investors that the US economy was in trouble, its government having badly mismanaged the pandemic which led, and still leads, the world in the number of cases and deaths.
However when vaccines were announced near the end of last year and Donald Trump lost the US presidential election to Joe Biden, who promised to take swift action to curb the pandemic, gold starting losing favor.
Attention turned from bad economic news to the impending recovery, with China the poster child, as demand for commodities like copper and iron ore, needed to feed its resurgent manufacturing sector, soared.
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Friday, June 18, 2021
Has the Dust Settled After Fed Day? Not Just Yet. / Stock-Markets / Financial Markets 2021
By: Mike_Paulenoff
I am going to look at a few markets (ES, Gold, DXY) that have reacted significantly to the Fed's "message" from yesterday afternoon. What's the message? Here's my synopsis:
After pumping $8 trillion into the economy since March 2020 to provide the necessary stimulus to emerge from the pandemic lockdown, growth is relatively strong, inflation is finally above our 2% benchmark-- though probably will prove to be a transient blip, but the labor market remains well-below Full Employment... So we think we might need to raise the Fed funds rate a measly 25 basis points at the end of 2022, and maybe another measly 25 basis points at the beginning of 2023. In the interim, nothing really will change.
If my synopsis of what the Fed said yesterday (remember, they didn't DO anything) is reasonably on point, then we see a host of previously one-way markets reacting to "the news" with counter-trend moves that should prove to be a healthy refresher of their still powerful dominant trends.
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Friday, June 18, 2021
Gold Asks: Will the Economic Boom Continue? / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
The US GDP has already recovered from the pandemic recession. What’s next for the economy and the gold market?Ladies and Gentlemen, the economic crisis has ended. Actually, not only is the recession over but so is the recovery! This is at least what the recent GDP readings are indicating. As the chart below shows, the US nominal GDP has already jumped above the pre-pandemic level . The real GDP, which takes inflation into account, remained in the first quarter of 2021 below the size of the economy seen at the end of 2019, but it will likely surpass this level in the second quarter of the year.
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Friday, June 18, 2021
STABLE COINS PONZI Crypto SCAM WARNING! Iron Titan CRASH to ZERO! Exit USDT While You Can! / Currencies / cryptocurrency
By: Nadeem_Walayat
Don't be fooled! Stable coins are NOT STABLE as what just happened to Iron Finances Titan Token that is supposed to be pegged to the US Dollar but instead was pegged to thin air, collapsing from $65 to ZERO in just 1 day! Think it can not happen to the likes of USDT, USDC, or BUSD thing again! Hopefully this is a wake up call for all who hold these so called stable coins of what can happen something that I have been warning of for several weeks Whilst my latest in-depth covers all aspects of the crypto markets - Bitcoin Bear Market Trend Forecast 2021 and Model Crypto Portfolio Buying Levels.
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Friday, June 18, 2021
FOMC Surprise Takeaways / Interest-Rates / US Federal Reserve Bank
By: Monica_Kingsley
The Fed didn‘t play ostrich on inflation, but didn‘t take action either. While acknowledging that 2021 inflation would come at 3.4%, it hinted at 2 rate hikes before 2023 is over – and didn‘t mention taper at all.
It‘s though by no means guaranteed that 2021 inflation would come in at this or lower level. Far from it, but Fed‘s yesterday posturing might be a self fulfilling prophecy in one aspect, and that is commodity prices fanning the inflation flames – thus far though, $CRB doesn‘t confirm that, which has bullish implications for oil and beyond. Stock bulls too can look forward for extending gains without a meaningful correction. As for the labor market pressures, I look for these not to be going away soon.
Friday, June 18, 2021
Youtube Upload Stuck at 0% QUICK FIXES Solutions Tutorial / Personal_Finance / Computing
By: HGR
Here is a tutorial of what to do if ever you encounter an upload problem on your youtube videos with the dreaded stuck at 0% message or 95% processing. I hope they work for you and this video is able to help you. Please let me know in the comment section below.
We thank you so much for watching our videos, giving them likes and leaving some comments. We appreciate all your support.
Please don't forget to subscribe if you haven't yet and HIT that notification BELL button so you won't miss any of our uploads.
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Friday, June 18, 2021
AI Stock Buying Levels, Ratings, Valuations Video / Stock-Markets / AI
By: Nadeem_Walayat
Here is my updated AI stocks table with buying levels to capitalise upon during the anticipated stock market correction. In terms of overall valuations the portfolio is a little more expensive today than at my last update with some individual stocks very overbought so should be primed for a correction during May as I first flagged to expect in my analysis of 9th of Feb.
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Thursday, June 17, 2021
AI Stock Buying Levels, Ratings, Valuations and Trend Analysis into Market Correction / Stock-Markets / AI
By: Nadeem_Walayat
This is part 3 of my recent extensive analysis focused on updated buying levels for my AI tech stocks portfolio going into the summer stock market correction, of what I will be looking to accumulate at what price levels.
Part 1 covered Tesla, ARK Funds and more - TESLA! Cathy Wood ARK Funds Bubble BURSTS!
Part 2 covered The Top 5 AI stocks trend analysis - Top 5 AI Tech Stocks Trend Analysis, Buying Levels, Ratings and Valuations
Whilst the whole of this extensive analysis AI Stock Buying Levels, Ratings, Valuations and Trend Analysis into Market Correction was first been made available to Patrons who support my work.
Contents:
- TESLA
- Cathy Wood ARK Funds CRASH!
- India Apocalypse Heralds Catastrophe for Pakistan and Bangladesh
- Covid-19 in Italy in August 2019!
- Stock Market Early Summer Correction Trend Forecast
- Stocks Expensive or Cheap Indicator (EC)
- AI Stock Buy % Rating Review
- 1. GOOGLE - $2398
- 2. AMAZON - $3312
- 3. MICROSOFT - $252.5
- 4. APPLE - $130
- 5. FACEBOOK - $320
- 6. NVIDIA - $592.5
- 7. AMD - $78.8
- 11. IBM - $145.5
- 12. INTEL - $57.7
- AI Stocks Buying Levels Update May 2021
- So what am I going to do
- GPU Mining FREE MONEY!
- CHIA Crypto Farming with Your Hard Drives Insanity!
Thursday, June 17, 2021
Stocks, Gold, Silver Markets Inflation Tipping Point / Stock-Markets / Financial Markets 2021
By: Monica_Kingsley
S&P 500 hasn‘t extended Monday‘s gains, continuing to trade in a cautious, tight range. Not that it would be driven by Treasury yields that much on a daily basis – the tech breather was one day delayed, but still didn‘t erase Monday‘s gains in full. Yes, Nasdaq didn‘t reverse, and I‘m looking for it to reassert its strength in spite of having approached the rising resistance line connecting the Feb and Apr highs.
Sure, a little rotation later today wouldn‘t be unimaginable as I am looking for the Fed to largely bypass bringing up taper, which would mean continued ostrich pose when faced with rising inflation (did you see yesterday‘s PPI beating expectations? Another confirmation of my Monday‘s points of inflation being baked in the cake, and in spite of all the transitory rhetoric, working its way through the system as reliably as water through Titanic‘s compartments. The coming Fed disappointment in doing the right thing (fighting inflation even as late as it is now before the expectations become obviously unanchored, eventually turning velocity of money around).
Let‘s check my Monday‘s assumptions and where we stand in the run up to today‘s FOMC:
(…) Paring the bets is getting underway before this week‘s FOMC – the Fed is perceived to perhaps want to at least start debating taper, if not present the sketch of its seriously watered down shape. They‘ll make taper hints and noises at most, it would be much ado about nothing – the markets are just getting spooked now, most notably the dollar (having risen on the unreasonable expectation something palpable and material would come out of that – but remember, talk is cheap, and Jackson Hole is the more likely venue and time that would happen, with 2022 most probably being the year of taper).
The yields reprieve … I see lasting through the summer. Autumn, that would be another cup of tea – apart from the unyielding $CRB index, rising oil prices affecting sectors beyond transportation, and the job market heating up (hiring difficulties), the serene period in Treasuries would be over. Yes, that means I think the bond markets have it wrong with their sudden appreciation, and that equities and commodities are right not to tumble.
Thursday, June 17, 2021
Letting Yourself Relax with Activities That You Might Not Have Considered / Personal_Finance / Gambling
By: Boris_Dzhingarov
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Wednesday, June 16, 2021
RAMPANT MONEY PRINTING INFLATION BIG PICTURE! / Economics / Inflation
By: Nadeem_Walayat
I know it can get a bit tiring to hear me bang on with the mantra of rampant money printing inflation, BUT one can tend to get lost in the detail i.e. looking at individual stocks and assets and forget the BIG PICTURE which really is one of RAMPANT MONEY PRINTING INFLATION!
For instance the stimulus that all nations have implemented is far in excess of the temporary loss of GDP due to Covid i.e. the US suffered a 10% drop from peak to trough in GDP, about $2 trillion's worth but has printed $5 trillion in response to which is about 25% of GDP!
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Wednesday, June 16, 2021
The Federal Reserve and Inflation / Economics / Inflation
By: John_Handbury
The Federal Reserve a$$holes puckered up when the April CPI/PPI figures came in, and probably puckered up even more when the May figures came in. These Fed nerds (who never got the girl/guy in high school), are dictating the monetary policy for the world. They are providing immense stimulation to the economy, yet have decided that any inflation arising from it is “transitory”. These stimuli include the following major impacts on supply and demand of goods that can lead to inflation of prices:
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Wednesday, June 16, 2021
Inflation Soars 5%! Will Gold Skyrocket? / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more?Whoa! Inflation soared 5% in May – quite a lot for a nonexistent (or transitory) phenomenon! But let’s start from the beginning. The CPI rose 0.6% in May, after increasing 0.8% in April. Meanwhile, the core CPI, which excludes food and energy, soared 0.7%, following a 0.9% jump in April. So, given that the pace of the monthly inflation rate decelerated, we shouldn’t worry about inflation, right? Well… we should.
First of all, inflation was higher than expected , as the consensus forecast was a 0.4% increase. Inflation surprised pundits once again, but not me. Last month, I wrote in the Fundamental Gold Report that “Inflation escalated in April. In May, however, inflation could be softer, but it will remain relatively elevated, in my view” – and this is exactly what happened. However, the unexpected rise in inflation is positive news for gold, as such a surprise should decrease the real interest rates .
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Wednesday, June 16, 2021
Stock Market Sentiment Speaks: Inflation Is For Fools / Stock-Markets / Stock Market 2021
By: Avi_Gilburt
I asked you in my last article if you were more concerned with name calling than with profiting from the market. So, I was wondering if you gave it any more thought, and if you had come to a conclusion?
If not, well, let's discuss this a bit further.
Everyone today is so concerned about "inflation." Yet, everyone seems to be arguing as to whether we are experiencing inflation today. Some claim that this is true inflation, whereas others claim that it is simply transitory.
My personal opinion resides on the transitory spectrum of this issue, and I believe that over the next 6-12 months we will see the shortages easing, especially in the labor force, as we stop paying people to stay at home. But to be honest, I don't care whether my opinion is right or wrong on this issue, as it does not help me make money in the stock market.
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