Monday, December 07, 2020
Bitcoin Price Next Stop: $14,000 or $37,200 / Currencies / Bitcoin
By: Chris_Vermeulen
After the incredible rally in Cryptos recently and my team’s recent research articles about how to spot a “Blow-Off Peak”, the recent downturn in Bitcoin prices has raised a valid question – is this the start of a new “Blow-Off Top” for Bitcoin? In our recent 2-part research article on Blow-Off Tops, we suggested there are five phases to a Blow-Off top setup. The first is an incredible rally attempt – usually somewhat similar to a parabolic price advance. We can certainly say that Bitcoin has seen a huge price advance from near $4000 in early March to over $19,000 recently (+$15,000). Is this it? Is this a major price peak or will it continue higher?
When taken in the context of what has transpired over the past 12+ months with COVID-19 and various global lock-downs, it does make sense that many more displaced workers across the globe may have become actively involved in Cryptos and alternate assets. It also makes sense that a rush into the recent upside trending in Bitcoin, starting near early October 2020, may have prompted a rush for Crypto traders/investors. Everyone loves it when their investments rally 80% or more in less than 60 days.
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Monday, December 07, 2020
Gold Returns Above $1,800. Has It Bottomed Out? / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
The price of gold returned to above $1,800. Is the correction over?As the chart below shows, the price of gold rebounded, jumping from $1,763 to $1,811 on Tuesday (December 1) and increased further on Wednesday. As a reminder, the price of gold corrected more than 6 percent in November and almost 15 percent from its peak in August. Now, the key question is whether the worst is behind the gold bulls.
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Monday, December 07, 2020
This High-Confident Trade Set-up Makes for High-Confident Traders / InvestorEducation / Elliott Wave Theory
By: EWI
"Confident trader." Ten-fifteen years ago, the idea used to be an oxymoron -- and now, it's a multi-billion self-help industry with everyone from Wall Street gurus to armchair experts offering their brand of motivational wisdom: trust falls, vision boards, brain retraining, positive visualization, mentorship, and so on.
The common goal being: Help traders tap into their inner Rocky when they step into the "ring" of financial markets.
The problem is, not everybody can channel Rocky. Some of our inner "champions" have the muscle mass of a mozzarella stick no matter how many can-do mantras you throw at them.
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Saturday, December 05, 2020
Gold, Silver and Copper - The 3 Metallic Amigos and Their Messages / Commodities / Gold & Silver 2020
By: Gary_Tanashian
Metals Ratios Continue to Indicate Inflation
And that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail this mess out once again. And this is no comment on COVID-19. The economy was slowly decelerating last year well before this guy showed up (I like the picture, okay?)…
The yield curve bottomed and turned up in August of 2019 as manufacturing was slipping, long-term yields were tanking and other economic signals were fraying in the wake of the trade war. So please, no convenient COVID excuses.
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Saturday, December 05, 2020
TESCO Christmas Decorations Festive Shop 2020 - How to Beat the Coronavirus Economic Depression / Personal_Finance / Shopping
By: Eliza_Walayat
Like most western nations the UK economy fell off the edge of a cliff in March and looks set to take another economic hit following the second lockdown which looks set to see Britains 1.2 million pre wuhan chinese virus unemployment double to over 2.5 million as illustrated by thousands of job losses in the retail and hospitality sectors anounced each week.
However, with belts tight here we show how you can get your christmas decorations shop done for Under £20! All thanks to likes of TESCO which unlike most shops has remained open for the duration of the pandemic.
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Saturday, December 05, 2020
Premium Bonds Good, Bad or Ugly Investment? Here's What Return (Prize Wins) to Expect / Personal_Finance / Investing 2020
By: Nadeem_Walayat
Savers starved of rates due to the continuing bailout of the bankrupt banking sector as the Bank of England literally stuffs hundreds of billions onto their balance sheets by means of artificial profits. So it's no wonder that many millions of Brit's have plowed a large chunk of their savings into government backed Premium Bonds. Here give them a good 1 year test run to see what prices (returns) they generate on a sizeable £32,500 investment. Will I beat the premium bond interest rate of 1.4%, maybe I will be one of the lucky ones and win a big prize, find out in my latest personal finance video.
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Saturday, December 05, 2020
How to accomplish a technical analysis with the Forex / Currencies / Forex Trading
By: Submissions
In the preceding chapter we explained that to trade correctly with the Forex it is necessary to complete a daily technical analysis of the financial movements in the short and medium term.
This analysis is essential as it will help you to understand and anticipate certain effects and, in this way, consequently to improve your investments whilst keeping a good overall view of the market.
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Saturday, December 05, 2020
What is life insurance and what are the benefits of having it? / Personal_Finance / Insurance
By: Sumeet_Manhas
Having life insurance is one of the most important things that you can do to protect your family and loved ones from additional stress after you pass away. Losing a partner or parent can be devastating but having the extra burden of financial problems on top of this grief can be unbearable. This is where life cover comes in.
What is life insurance?
Life insurance is a way of making sure there is financial aid for a named beneficiary or beneficiaries after you pass away. There are many varieties of life insurance and within those varieties there are different types of cover. It pays to shop around and discuss your needs with your family and professional insurance brokers.
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Friday, December 04, 2020
Pre-COVID US Economy Wasn’t All That Great Either / Economics / US Economy
By: Michael_Pento
The stock market and economy appear to be doing ok for the moment, as the incredibly dangerous bubble inflates further. This optimism is predicated on a plethora of COVID-19 Vaccines, which are projected to bring the economy back to its pre-COVID state of health. However, the problem with this line of thinking is that 2019 was anything but normal and healthy. It was a messy combination of a Fed slashing interest rates and re-imposing QE in order to achieve a rather mundane GDP growth rate of just 2.2%. The truth is, the pre-virus economic construct was built on Silly Sand—erected on top of asset bubbles, artificial interest rates and an avalanche of new debt issuance.
Not only will a return to “normalcy” merely bring us back to an anemic and non-viable economy, I want to highlight three things I’m watching out for during 2021 that could upend the economy and markets.
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Friday, December 04, 2020
Bitcoin Breath Taking Surge - Crypto Trading Event / Currencies / Bitcoin
By: EWI
Dear Reader,
"Breathtaking" is a fitting word to describe Bitcoin's surge from the March lows near $3,500 to the recent high near $20,000.
You probably want to know how much upside is left -- if any.
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Friday, December 04, 2020
Platinum Begins A New Rally – Gold & Silver Will Follow / Commodities / Platinum
By: Chris_Vermeulen
My researcher team and I have highlighted a number of recent articles about Gold and Silver and how we believed the longer-term price activity and technical analysis supported a broad market advance in Precious Metals over the next 5+ years. If not, check out Part I and Part II of our recent Gold and Silver research and price predictions.
Today, we are seeing further evidence that metals are on the move – in Platinum. Platinum has been trading below $1000 for quite a while and this is roughly HALF the price level of Gold. Typically, Platinum rallies before Gold rallies in a traditional trending phase. Platinum rallies because it is used in industrial and other fields – thus it rallies in an advanced market rally phase. Gold begins to rally when a certain level of fear enters the markets or the markets enter a depreciation phase.
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Friday, December 04, 2020
Don't Let the Silver (and Gold) Bull Shake You Off! / Commodities / Gold & Silver 2020
By: MoneyMetals
Gold and silver exchange-traded funds (ETFs), a measure of large investor interest, are experiencing outflows as opposed to an almost interrupted inflow over the last few months.
Mining stocks which either look for or produce these metals have been moving sideways, testing the "mettle" of even perma-bulls.
Many investors see these as negative signs. But I view it as a Mr. Market's last big effort to "shake the tree," causing as many people as possible to fall off the galloping bull and head for cover.
As David Morgan has so aptly – and during times like this, often said, "A precious metals' bull run (especially that of silver) will either wear you out our scare you out!
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Friday, December 04, 2020
Stronger Risk Appetite Sends Gold below $1,800 / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
Gold plunged below $1,800. Will these declines finally end?November doesn’t look like a good month for gold. The declines in the precious metals market continued last week. As the chart below shows, the price of the yellow metal dropped to $1,779 on Friday (November 27).
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Friday, December 04, 2020
A new “miracle compound” is set to take over the biotech market / Companies / BioTech
By: Submissions
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Friday, December 04, 2020
Eiro-group Review –The power of trading education / InvestorEducation / Learn to Trade
By: Submissions
Persistent volatility across all financial markets had facilitated a growing demand for retail trading services. With so many different brokerage houses operating, Eiro-group comes to provide a personalized infrastructure for a broad audience of traders. What are some of the most important benefits, in particular, those related to trading education can be found in this updated Eiro-group Review.
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Thursday, December 03, 2020
Early Investors set to win big as FDA fast-tracks this ancient medicine / Companies / BioTech
By: Submissions
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Thursday, December 03, 2020
New PC System Switch On, Where's Windows 10 Licence Key? Overclockers UK OEM Review (5) / Personal_Finance / Computing
By: HGR
The big moment has arrived! It's time to switch on our new custom gaming PV system bought form Overclockers UK. What to expect for a £1k system in terms of fan noise for this 3600x system. BUT where's the windows 10 licence key? After all we did pay over £140 for it! Let's find out !
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Thursday, December 03, 2020
Poundland Budget Christmas Decorations Shopping 2020 to Beat the Corona Economic Depression / Personal_Finance / Money Saving
By: Anika_Walayat
Like most western nations the UK economy fell off the edge of a cliff in March and looks set to take another economic hit following the second lockdown which looks set to see Britains 1.2 million pre wuhan chinese virus unemployment double to over 2.5 million as illustrated by thousands of job losses in the retail and hospitality sectors each week.
However, with belts tight here we show how you can get your christmas decorations shop done for Under £20! All thanks to Poundland which unlike most shops remained open during the second lockdown.
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Thursday, December 03, 2020
What is the right type of insurance for you, and how do you find it? / Personal_Finance / Insurance
By: Sumeet_Manhas
Insurance is available for all types of situations and can ease financial difficulties resulting from a burglary, accident or holiday being cancelled. Some countries will not allow visitors to travel there unless they have adequate insurance to cover all eventualities and it is compulsory in other areas of life too.
You will be fully aware that you cannot ride a motorbike or car without insurance and yet many people think it wise to rent mopeds while in foreign countries thus invalidating their travel insurance if they have an accident.
How do you know what type of insurance you need for your situation, and who do you ask for advice?
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Thursday, December 03, 2020
What Are the 3 Stocks That Will Benefit from Covid-19? / Companies / Investing 2020
By: Submissions
The current coronavirus pandemic has had a massive effect on almost every aspect of the global stock market. In the United States, for instance, the stock market saw an enormous dip around March. This was the worst market crash ever since the infamous 1987 stock market dip in all the 120 years of its history.
The majority of the shares in South Africa have also deteriorated in value as a result. However, despite all the pressure that companies continue to experience with this pandemic, some have enjoyed good returns. Institutions actively developing vaccines to help curb this menace have a high probability of reaping their exploits' benefits.
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