Saturday, May 02, 2020

Crude Oil Prices Go NEGATIVE! What's Next? / Commodities / Crude Oil

By: Nadeem_Walayat

Negative oil prices is another corona consequences that no one saw coming. A 30% drop in world oil demand due to the corona lockdown's resulting in demand falling to 70m barrels per day, whilst the producers are pumping out over 90mbd meant that storage faculties had become saturated, thus nowhere to transport new supply to.

Saturday, May 02, 2020

Gold and Silver, Lockdowns and Reopening / Commodities / Gold & Silver 2020

By: P_Radomski_CFA

The action in silver is really interesting. Let’s check the prospects for volatile white metal, and the relevant historical analogy it offers. Is the major 2008 – 2020 analogy in terms of price moves remains intact? In short, yes.

Saturday, May 02, 2020

About Gold Miners and Inflation / Commodities / Gold & Silver 2020

By: Gary_Tanashian

I think the case is closed, or it should be closed. But with firmly ingrained perceptions passed down from one generation of inflationist gold bugs to the next, you never know. Remember the old dismissive “gold is silver is copper is tin is oil is hogs” line from the 2003-2008 time frame? Probably not, but I remember it because it was me saying it against an army of inflationist commodity and resources bulls advising to buy gold, buy silver, buy oil… buy resources of all kinds to protect yourself from the evils of inflation!

As an interlude, here is a pleasant interaction I had with a reader (actually, the interaction was his in a comment to an article of mine, but you get the drift) during the 2016 gold sector launch that ultimately proved to be ill-fated by mid-year because… inflation.

Saturday, May 02, 2020

Trump and His Coronavirus Task Force go for “Throttle Up” / Politics / Pandemic

By: James_Quinn

“For a successful technology, reality must take precedence over public relations, for Nature cannot be fooled.” – Richard Feynman – Rogers Commission

“It appears that there are enormous differences of opinion as to the probability of a failure with loss of vehicle and of human life. The estimates range from roughly 1 in 100 to 1 in 100,000. The higher figures come from the working engineers, and the very low figures from management. What are the causes and consequences of this lack of agreement? Since 1 part in 100,000 would imply that one could put a Shuttle up each day for 300 years expecting to lose only one, we could properly ask “What is the cause of management’s fantastic faith in the machinery? … It would appear that, for whatever purpose, be it for internal or external consumption, the management of NASA exaggerates the reliability of its product, to the point of fantasy.” – Richard Feynman – Rogers Commission

Friday, May 01, 2020

Coronavirus Wuhan Bio Lab Origins Paving Way for US War with China / Politics / China US Conflict

By: Nadeem_Walayat

The CCP opened one of their desk drawers marked "Do Not Open" to reveal that the number of total deaths is actually 50% higher than previously reported. Expect more such revisions upwards though likely we will never know the true number since many bodies were disposed off in mass cremations, and I would not be surprised if the real number was at least 5 times higher than Beijing propaganda, all of which acts as accelerant on the War with China mega-trend as what the West is experiencing does not match that which China reported to the world to expect for which there will be a reckoning with China. As is the focus of my latest video based on excerpted analysis from my article made available to Patrons on the 6th of April.

Friday, May 01, 2020

How To Reduce Trading Risks When Using CFDs / Stock-Markets / Risk Analysis

By: Submissions

Friday, May 01, 2020

How to Buy a Bargain S10+ Samsung Smartphone Off Ebay for Under £400 / Personal_Finance / Shopping

By: HGR

Whilst most are dashing to buy Samsung's flagship phone the S20+ that costs £999. However, before you rush out and buy it, you could be missing out on a great bargain, a S10+ at LESS than half the price!

The S10+ currently sells NEW for between £650 and £800. Which is not that much cheaper than an S20+, so no wonder many opt for the S20+. However, what most fail to consider is that they can get as good as new (not refurbished) phones off ebay, in pristine condition for LESS than £400!

Thursday, April 30, 2020

The Coronavirus Greatest Economic Depression in History? / Economics / Coronavirus Depression

By: Nadeem_Walayat

It looks like the history books will need to be rewritten for if the noises emanating out of every nick and economic cranny are to be believed for the global economy is heading for an economic contraction WORSE than that of the Great Depression! Which will make the Financial Crisis of 2008 look like a walk in the park. And this is not from the usual perma doom merchants who like a broken clock will eventually be right.

However, even the UK governments Office for State Economic Propaganda (OBR) has warned to expect UK GDP to plunge by an unprecedented 35% in Q2!

Thursday, April 30, 2020

Gold Price Will Hit $3,000, But It's Going to Be a Wild Ride / Commodities / Gold & Silver 2020

By: The_Gold_Report

Agora Financial's Byron King and John-Mark Staude of Riverside Resources offer their viewpoints on markets during the COVID-19 pandemic in this conversation with Maurice Jackson of Proven and Probable.

Maurice Jackson: Today, we will seek to discover the true price of gold and silver and prospect generators. Joining us for a conversation is Byron King of Agora Financial, along with Dr. John-Mark Staude of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB). Gentlemen, I hope you both doing well.

Mr. King, I'd like to begin with you, sir. Bloomberg issued a press release recently that Bank of America expects gold to reach $3,000/ounce, which is a 50% increase from its record. In your opinion, is this a realistic number, or was Bank of America being far too generous or conservative?

Thursday, April 30, 2020

Russia - Without the Propaganda - Part 2: The Rise of Putin / Politics / Russia

By: Raymond_Matison

Geographical and demographic description 

The Russian Federation, commonly known as Russia, is the successor state from the breakup of the Soviet Union in 1991.  Russia still has the largest land mass of any country with 6.6 million square miles, roughly three times that of the United States.   From East to West it extends for 6,200 miles through eleven time zones, and its land mass extends from above the Arctic Circle south some 2,800 miles to the subtropical coast of the Caspian Sea.  Its population of 146 million, represents just 1.9% of world population, and less than half the population of the United States.  But its land mass represents 11% of the earth’s land surface!  Three fourths of this land mass, and just one-fifth of its population are in Siberia where its rivers drain into the Arctic Ocean. 

Being this far north, its growing season is limited to four or five months, while the winters are long and harsh.  Approximately 60% of its land mass is covered in a taiga, a coniferous forest rooted in acidic nutrient-poor soil, with a permafrost underlying roughly half of this terrain.  This is not a hospitable environment for agriculture, being suited mostly for spring plantings of hardy early maturing crops.  Given the huge distance barriers, growers are inhibited from growing and harvesting more than can be eaten or traded locally, but the nation produces sufficient harvests to feed its population.

Wednesday, April 29, 2020

The Crude Oil Futures Crash Is a Warning to Gold Speculators / Commodities / Gold & Silver 2020

By: MoneyMetals

The metals complex showed relative stability this week as the oil market suffered a historic meltdown. West Texas Intermediate Crude crashed 70% at one point this week on the continuous contract, bringing prices briefly below $7 per barrel. By Thursday, prices were trading between $14 and $18 per barrel.

The volatility on the May futures contract was even more extreme. On Monday, May futures for crude oil crashed to one dollar, then to zero, then to a few pennies below zero, then to an unbelievable negative $37 per barrel.

Wednesday, April 29, 2020

Gold and the Debasement of Currency Con / Commodities / Gold & Silver 2020

By: Hubert_Moolman

It is reasonably well known that many Roman emperors debased their currency (coinage). This was a very bad practice, since it is really a reflection of the debasement of the value of the kingdom (empire or country); going from a honest and just society to a corrupt and unjust society.

One of the reasons (effects) of debasing the currency was the transfer of wealth from the citizens to the ruling class. When the gold or silver content of the coinage is reduced, then more of the official coinage can be made, with a similar amount of gold or silver; therefore, increasing the money supply without the input of more gold or silver.

The increase of the money supply leads to reduced purchasing power, and this is the mechanism whereby they are robbed, since it is the ruling class that essentially bags the difference in purchasing power.

Wednesday, April 29, 2020

Gold Stocks Bull Breakout! / Commodities / Gold and Silver Stocks 2020

By: Zeal_LLC

The gold miners’ stocks surged to a major bull-market breakout this week!  Powering decisively above their years-old secular resistance is a hugely-important technical event.  It proves this gold-stock bull is alive and well, greatly improves sentiment, and puts this high-flying sector on countless more traders’ radars.  New bull highs fuel self-feeding bullish psychology, as speculators and investors love chasing winners.

The gold miners’ stocks are essentially leveraged plays on gold, since its price overwhelmingly drives their earnings and thus ultimately stock prices.  So gold-stock bulls and bears mirror and amplify gold’s own major market cycles.  Today’s secular gold bull began marching in mid-December 2015, birthed from choking despair.  Gold stocks’ parallel bull arose from the ashes about a month later in mid-January 2016.

The GDX VanEck Vectors Gold Miners ETF is this sector’s most-popular benchmark today.  It plunged to a fundamentally-absurd all-time-record low of $12.47 at that terrible nadir.  This major gold miners’ ETF had collapsed 81.3% during the previous 4.4 years in an exceedingly-brutal bear market!  Left for dead, virtually everyone hated this small contrarian sector.  But such shocking extremes forge new secular bulls.

Wednesday, April 29, 2020

US Paving the Way for War with China / Politics / China US Conflict

By: Nadeem_Walayat

Meanwhile the CCP opened one of their desk drawers marked "Do Not Open" to reveal that the number of total deaths is actually 50% higher than previously reported. Expect more such revisions upwards though likely we will never know the true number since many bodies were disposed off in mass cremations, and I would not be surprised if the real number was at least 5 times higher than Beijing propaganda, all of which acts as accelerant on the War with China mega-trend as what the West is experiencing does not match that which China reported to the world to expect for which there will be a reckoning with China. As is the focus of my latest video based on excerpted analysis from my article made available to Patrons on the 6th of April.

Wednesday, April 29, 2020

Helping Businesses Fight Email Spam the Right Way / Companies / Cyber Crime

By: Submissions

Everyone gets spam in their inbox every day. It’s frustrating, but it can also be dangerous. The emails might contain viruses and malware that can infect your system, or they might trick you into giving hackers your personal information that they can use to steal your identity and money. And if you’re running a business, you not only have to worry about your own inbox; you also have to worry about the inbox of every one of your employees, hoping that they know how to stay safe.

Being aware of the signs that an email is spam is the first step. Beyond that, there are other ways that your business can fight email spam the right way. Check out the tips below to get started.

Tuesday, April 28, 2020

This Major Stock Market Indicator is Flashing a HUGE Signal / Stock-Markets / Stock Markets 2020

By: EWI

Here's what should happen during a bear-market rally as sentiment rises

A question was posed to Elliott Wave International President Robert Prechter for a classic Elliott Wave Theorist (Prechter's monthly publication about financial markets and social trends since 1979):

Under the Wave Principle, what is the most important thing to watch other than price?

Prechter answered:

Volume.

You see, high trading volume means that traders are displaying a great deal of conviction about a given market, whether the trend is up or down. Low trading volume means a lack of enthusiasm.

Tuesday, April 28, 2020

Russia - Without the Propaganda - Part One: Rise of Communism to 1991 / Politics / Russia

By: Raymond_Matison

This set of two articles is being created to investigate Russia’s embrace and evolution from Communism, political development of their new state, advance of their market economy, current influence in the world regarding regional conflicts affecting their near geographical neighbors, and potential threat to the United States. 

This first article reviews major events leading to the Russian Communist revolution in 1917, through the two world wars and subsequent Cold War to the ultimate unraveling of the Soviet Union.  The second article in this series looks at the development of a new Russia – without the propaganda.  Consequently, that article looks at facts and some statistics rather than politicized opinions of proponents or opponents.  One can lie also with statistics, but less so, and they tell a story that the reader himself can evaluate and confirm either to accept or reject. 

Since the beginning of the 20th century Soviet Union’s or Russia’s military force has participated directly or indirectly in WWI, WWII, Korea, Yugoslavia, Vietnam, Afghanistan, Iraq, Libya, Ukraine, and Syria.  Despite the world being a huge space, America also has been a participant in these same countries, and over the last several decades the U.S. has identified certain countries as formidable rivals or even as “enemies endangering our national security”.  Russia, China, Iran, North Korea and even Venezuela are on this list.  Curiosity caused this author to investigate the reasons why these less economically developed and militarily weaker countries are such a concern to the all-powerful United States.  Those wishing to review this author’s investigations into China, Iran, Vietnam, or North Korea may do so by accessing Market Oracle’s Author’s Archive, for those interested in Russia, read on.

Tuesday, April 28, 2020

Precious Metals Market Premiums, the COMEX and the Macro Picture / Commodities / Gold & Silver 2020

By: The_Gold_Report

Maurice Jackson of Proven and Probable speaks with Andy Schectman, president of Miles Franklin Precious Metals Investments, about the present situation with physical precious metals.

Maurice Jackson: Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments.

Andy, investors in physical precious metals are upset with high premiums over spot for precious metals. Can you discuss the reasoning behind the high premiums, the supply chain, and just a number of the intangibles that really go into what's causing premiums to soar at records highs above and beyond the spot price?

Tuesday, April 28, 2020

Uranium's Stealth Bull Market Garners Momentum / Commodities / Uranium

By: The_Energy_Report

With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years, according to McAlinden Research Partners.

SUMMARY: Uranium has been enjoying a stealth bull market due to the coronavirus outbreak. Temporary mine closures to slow the spread of the virus at production facilities have triggered an unexpected supply squeeze, sending the price of uranium up nearly 30% since the beginning of March. According to one analyst, half of global production has been cut. With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years.

Tuesday, April 28, 2020

UN Warns Of Famines Of Biblical Proportions Due To Lockdown Caused By Covid Plandemic / Politics / Food Crisis

By: Jeff_Berwick

"Let them eat cake"

As the legend goes, this was Queen Marie-Antoinette from France’s famous response to the peasants who complained they didn’t have bread to eat. With this, she reportedly became a hated symbol of the decadent monarchy and fueled the revolution that would cause her to (literally) lose her head several years later.