Friday, August 28, 2020
Gold Miners and Inflation / Commodities / Gold & Silver 2020
I want to try to answer a subscriber’s question as clearly as I can because it really does seem to be more confusing than it actually is. It’s always made sense to me but I understand there is a promotion machine out there selling viewpoints and in the gold sector especially, it is often wrong-headed, lazy analysis using tired assumptions.
Read full article... Read full article...“I do have a couple of questions that relate to gold/gold miner stocks that I can’t seem to get my head around. No hurry on an answer, just when you get time: From time to time, you have mentioned that inflation would send the gold bugs scurrying for cover. I had always thought that gold would rise during inflationary periods so I can’t seem to get why inflation would not be good for gold. And on the middle ground; how would gold likely act if we experience a prolonged period of stagflation?”
Friday, August 28, 2020
Stock Markets and the History Chart of the End of the World (With Presidential Cycles) / Stock-Markets / Stock Markets 2020
I’ve been posting exclusively for the last 2 months on the PM complex as I know that is most of our members main focus. Since the PM complex is now in consolidation mode I would like to take this time to show you the other bull market that has been taking place in the US stock markets. It is important for me personally to be on record as early as possible because it means nothing after the fact. The easiest trade to make is the one you do in hindsight, after the fact, as many like to say, I seen that move coming a mile away, again after it’s already half over.
I got on record on June 22nd of this year when I made a small post on the, Markets Update, that I do at the end of each day.
June 22nd post:
Before we look at today’s charts I would like to give you a short answer on why I’m taking on so many positions in the stock markets. The short answer for now is that I recently had an epiphany moment similar to the one I had on the US dollar back in 2014 when I discovered that massive 11 year base that was a fractal to the one that formed previously that most of you have seen many times.
Currently I’m seeing some patterns setting up in the stock markets that could lead to a very powerful rally the likes of what we’ve never seen before. I realize that many think I’m living in a fantasy land by being bullish on the stock markets which is fine because I don’t want to run with the herd. I want to go where no man has gone before. That sounds like a movie title.
Read full article... Read full article...
Friday, August 28, 2020
The Application of Blockchain Technology in the COVID-19 Response / Companies / BlockChain
...
Friday, August 28, 2020
Mogo (MOGO) Stock: The Opportunity Is Hard to Ignore / Companies / Investing 2020
...
Thursday, August 27, 2020
What the Covid-19 Economic Recovery Really Looks Like / Economics / Coronavirus Depression
The media and politicians like to talk about "the economy" as a general term. These days, there is a lot of talk about it having V- or U-shaped recovery.
But within the economy right now are several different economies, and they won't see recovery at the same time or rate. So if we have to choose a letter for what the recovery will look like, maybe it should be a “K.”
That's because some will go up while others go down. This is already happening and apparent, as Heather Long illustrates for The Washington Post:
"This dichotomy is evident in many facets of the economy, especially in employment. Jobs are fully back for the highest wage earners, but fewer than half the jobs lost this spring have returned for those making less than $20 an hour, according to a new labor data analysis by John Friedman, an economics professor at Brown University and co-director of Opportunity Insights."
Read full article... Read full article...
Thursday, August 27, 2020
Precious Metal Bullion Markets Catch a Breath / Commodities / Gold & Silver 2020
Gold bugs may finally be taking their summer (stay)vacation. After months of frenetic activity in the bullion markets, physical buying and selling slowed a bit last week.
The respite, if it persists, could be welcome news for investors who have been frustrated by product scarcity and higher premiums.
The COVID-19-associated economic troubles have not been resolved, but those stories aren’t commanding the level of attention they did in recent weeks.
Read full article... Read full article...
Thursday, August 27, 2020
Are You Positioned for a Copper Price Explosion? / Commodities / Copper
Independent financial analyst Matt Badiali presents the investment case for copper.
Copper will be the next metal to break out in 2020, and it's all about demand.
The price of copper just broke through $3.00 per pound. The red metal's price rose 45% so far in 2020. But that is still well below its 2011 high of $4.50 per pound.
That could change in the second half of this year.
Read full article... Read full article...
Thursday, August 27, 2020
What The 1987 Crash Reveals About Silver Today / Commodities / Gold & Silver 2020
The 1987 stock market crash occurred after a period with a similar build up to the 2020 crash. After being stuck in a range for a number of years in the 1970s and the 2000s, the Dow managed to break higher after a significant gold peak in 1980 as well as 2011 respectively. See the chart below:
Read full article... Read full article...
Thursday, August 27, 2020
$10,000 Gold – Or A Triple Top? / Commodities / Gold & Silver 2020
Predictions for gold’s price are based on seemingly sound fundamentals and logic; but the fundamentals are incorrect and presented in unrealistic context. Here are some things to keep in mind when you see any predictions for the price of gold.
GOLD IS NOT AN INVESTMENT
Gold, itself, is not an investment. Gold is real money and the original measure of value for everything else.
A higher gold price is inversely correlated to a decline in the purchasing power of the US dollar. This, can be seen historically on the chart (source) below…
Read full article... Read full article...
Thursday, August 27, 2020
High-Flying COVID-19 Stocks Sectors May Be Setting Up For A Market Correction / Stock-Markets / Stock Markets 2020
- KEY HIGHLIGHTS: COVID-19 has hit many retail and commercial sectors hard, but boosts Technology and Automobiles.
- The NASDAQ 100 Technology Sector Index suggests the 100% Measured Move is complete.
- NASDAQ BNCHMK Computer Hardware Index has reached a lofty 150% upside Measured Move expansion.
- US Automobiles Index currently nearing a 135% upside Measured Move.
- Will these trends continue, or are they a temporary “transitional process”?
Thursday, August 27, 2020
The Rise And Rise Of Bitcoin / Currencies / Bitcoin
...
Wednesday, August 26, 2020
Teachers Unions Covid-19 Fears, Should UK Children Go Back to School September 2020? / Politics / Educating Children
Boris Johnson's clueless moronic government advised by vested interest Scientists who's primary focus is on feather their own nests hence repeatedly giving what turns out to be BAD advice is supplemented by teachers unions who are playing their own insidious game using children and pawns in their one upmanship against the Tory government all which has meant that the teachers IGNORED government instructions to OPEN all schools as of Mid June! Latest u-turn from out moronic government is for optional face masks to be worn in schools leaving the decision upto individual schools. Though reality is the children are more intelligent about the virus than the government, schools AND teachers!
What Britain's suffering children cannot afford is for the same insidious forces to disrupt and delay the opening of all schools in September 2020!
Read full article... Read full article...
Wednesday, August 26, 2020
We Have an Economic Eight-Body Problem / Economics / Coronavirus Depression
If you have three large objects that have gravitational impact on each other, you can determine where they have been in the past.
However, you cannot predict where they will be in the future. At least, not without great difficulty.
In physics, this is called the three-body problem.
In economics, we are well beyond the three-body problem. I think it is more like an eight-body problem. See if you agree:
Read full article... Read full article...
Wednesday, August 26, 2020
Could Buffett Buy 130 Million Ounces of Silver Again? / Commodities / Gold & Silver 2020
Earlier this week, precious metals markets got a surprising Buffett bounce.
Legendary investor Warren Buffett isn’t often associated with gold – at least not in a positive way. In the past Buffett has made derisive comments about the monetary metal. He once quipped that gold “has no utility.”
A perpetual optimist on the U.S. economy, Buffett by nature doesn’t like the message that is sent by higher gold prices. He has likened investing in gold to “going long on fear.”
Read full article... Read full article...
Wednesday, August 26, 2020
How Much Does Hail Damage Devalue a Car? / Personal_Finance / Motoring
Owning a car has its fair share of challenges, including suffering hail damages.
If you live in an area susceptible to hailstorms, take precautions to keep off your car from hail damage. If the worst happens and the car is hit, take the necessary steps.
Hailstorms wreak havoc on a sleek car forcing the owner to incur repair costs they hadn’t planned for. Since nature’s behavior is inevitable, it pays to prepare for the worst in case disaster strikes.
A hail junk car not only devalues, but also loses the factory look it had before. So, buying a car with hail damage requires having details about the car first.
Read full article... Read full article...
Wednesday, August 26, 2020
How to Start A Junk Car Business / Personal_Finance / Money Making
Having a less perfect car in your backyard is never an appealing sight. Always find the right company to buy the damaged car.
At times, the company can either repair the car for sale or sell the spare parts for profit. If it’s either selling or buying a damaged car, starting a junk car business is never easy.
In particular, you pay customers to get their damaged cars instead of getting paid. That’s why grit and top business knowledge must apply in this car venture.
Like in other businesses, you need commitment and patience to realize profits.
Read full article... Read full article...
Wednesday, August 26, 2020
What Makes This Recession Different From the Rest / Economics / Coronavirus Depression
"It's a recession when your neighbor loses his job;
it's a depression when you lose yours."
—Harry S. Truman, 33rd US President
In recent weeks, numerous commentators started to suggest the US and the world are entering a depression.
For some areas of the economy, that is clearly true. But not every area.
Read full article... Read full article...
Wednesday, August 26, 2020
Fed Rules Out Yield Curve Control (for now) / Interest-Rates / Inverted Yield Curve
That we are even having this conversation is proof that we are and have been in…Wonderland for years now.
Since at least 2001, actually. Back then Alan the Wizard Greenspan (mixing classic fairy stories, I know) began pulling levers that could never be un-pulled. There were no breadcrumbs with which to find our way back. Off the charts is off the charts. Exponential is exponential. And that’s when funny munny out of thin air entered the realm of normalcy; new normalcy where the financial system is concerned.
I assume that the ‘tool’ known as yield curve control (per this article) is part of MMT (Modern Monetary Theory) TMM (Total Market Manipulation) that the eggheads promote with not an ounce of historical monetary grounding, caution or even human-like soul. They are monetary Humanoids, AKA bureaucrats, AKA economic Ph.Ds with more statistical and theoretical knowledge than common sense. They released the FOMC minutes and policy micro-managers offer their interpretations.
Read full article... Read full article...
Wednesday, August 26, 2020
MOGO Stock May Be The Most Undervalued Stock In Fintech / Companies / Tech Stocks
...
Tuesday, August 25, 2020
Fed Can Control Yield Curve. But It Can’t Control Gold / Commodities / Gold & Silver 2020
In a response to the coronavirus crisis, the Fed has already cut interest rates to zero and implemented quantitative easing. But that’s not enough and the U.S. central bankers are now talking about “yield curve control”. What is it and how it could affect the gold market?
Normally, the central banks lower the short-term interest rate to stimulate the economy. But the federal funds rate is already at zero, so the Fed now thinks about the yield curve control. It works basically like normal open-market operations – the only difference is that under the yield curve control, the Fed would target some longer-term interest rate. As the central bank would set the short-term rates at zero and it would target also longer-term rates, it would practically control the yield curve, which explains the name. Moreover, the Fed would also promise to buy enough bonds to keep the rate from moving above the target – this is why the yield curve control is also called “interest rate caps” or “interest rate pegs”.