Saturday, September 28, 2019
British Pound Fundamental Analysis / Currencies / British Pound
Political Implications
An expected Tory general election win favours GBP strengthening as it delivers political certainty even if under BJ implies a hard Brexit outcome is more probable.
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Saturday, September 28, 2019
Scary Warning Signs in Cash Funding Markets / Stock-Markets / Financial Markets 2019
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up Michael Pento of Pento Portfolio Strategies joins me for another top-flight interview as we discuss some major stresses in the financial system that are going to result in some serious issues in the economy. He also talks about the trade summit happening next month and what it will likely mean for precious metals if a deal is struck between the U.S. and China, or if an agreement is not reached. So be sure to stick around for my conversation with Michael Pento, coming up after this week’s market update.
Precious metals markets are trading in wide ranges as they struggle to hold on to gains posted earlier in the week.
As of this Friday recording, the metals are taking it on the chin here today with gold now looking at a weekly decline of 1.6% to trade at $1,494 an ounce. Silver is down 3.0% for the week to come in at $17.49 per ounce. Platinum is moving lower this week by 1.4% and currently fetches $937 an ounce. And finally, palladium is now commanding $1,692 per ounce after rising another 2.7% this week.
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Saturday, September 28, 2019
Trade War - There Are Two Sides to Every Trade. And Both Sides Benefit / Economics / Global Economy
In a recent tweet, the US president said, “When you’re almost 800 Billion Dollars a year down on Trade, you can’t lose a Trade War! The U.S. has been ripped off by other countries for years on Trade.”
Trump continues to ratchet up tariffs on China claiming it is stealing billions of dollars by running large trade surpluses with the USA. If this view was held by a country bumpkin it would be irrelevant, but it becomes a serious problem when held by a man who can reduce the real incomes of billions of people, both American and Chinese.
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Friday, September 27, 2019
Silver/Gold Ratio is a Guide as Inflation Signals Fade Again / Commodities / Gold & Silver 2019
The interplay between gold and silver is a critical component to understanding what is out ahead; to understanding whether long-term Treasury yields will rise and if they rise, whether it will be due to inflationary pressures. It is a critical component to understanding whether cyclical commodities and other aspects of a greater inflation/reflation trade will finally break existing downtrends. See…
The Continuum is Still in the Deflation Camp (9.24.19)
Pictures of a Reflationary Bounce-a-Thon (9.11.19)
The first and more recent post noted that the 30yr yield needs to climb above 2.2% to even think of hinting toward a temporary inflation trade. The chart from that post shows that while the Continuum is of a long, deflationary structure the periodic pings upward to the (monthly EMA 100) limiter often represent times of cyclical inflationary bursts. This morning the 30 year yield stands at 2.15%.
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Friday, September 27, 2019
Bitcoin Price Collapse Continues For Many Months / Currencies / Bitcoin
The recent price collapse in Bitcoin may be the start of a much bigger price trend in the Cryptos. The support level near $9000 has been breached and the current resistance arc, see the MAGENTA Fibonacci Price Amplitude Arcs on these charts, are clearly acting as a major contracting price resistance level. Our research suggests price will find support near $7900, then $5571, then possibly just above $2000. But first, be sure to opt-in to our free market trend signals newsletter
The Fibonacci Price Amplitude Arcs are a proprietary modeling tool we use to measure and track how price may react based on previous price swings. They are the visual deployment of two unique theories; Fibonacci price theory and Tesla’s Mechanical Resonance theory. The basis behind our thinking when we created this proprietary tool was that Fibonacci price theory suggests that all price movement is related and structured to previous price movements and that Tesla’s theory that everything we touch, see and know to exist is the result of ENERGY suggested to us that ENERGY may be one of the most important components in understanding price movement.
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Friday, September 27, 2019
More smelters, scrap metal ban driving Chinese copper imports / Commodities / Copper
Despite evidence of a slowing economy, shipments of raw materials are gliding across Chinese docks at a torrid pace, especially metals, which form the backbone of China’s industrial supply chain.
In fact a recent report shows that, while Chinese imports are down 5% compared to last year, and the trade war is hitting China’s manufacturing sector, imports of raw materials and ores “continue their seemingly perpetual upward trend.”
A blistering trade
MINING.com quotes BMO Global Commodities Research, the report’s author, saying that “In our opinion, while the trade war has caused many problems for China, it has not shaken the overall commodity business model of importing raw materials, having enough process capacity and ideally exporting a small amount of finished product as an inflation hedge.”
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Friday, September 27, 2019
Warning: The Stock Market is on VERY Thin Ice / Stock-Markets / Stock Markets 2019
Yesterday’s drop did a lot of damage to the rally.
Stocks rolled over after hitting resistance (red line). They also broke the bearish rising wedge formation they’ve been forming over the last month (blue lines).
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Friday, September 27, 2019
Land Rover Discovery Sport Engine Management Warning / ConsumerWatch / Land Rover
My Land Rover Discovery Sport has just gone out of the manufacturers 3 year warranty and up pops the dreaded yellow engine managment warning light which could be triggered by something simple as a the fuel cap, faulty sensor or as expensive as a major fault with the engine. And this landrovers only done 18,000 miles!
Anyway here's what to expect when you own a Land Rover Discovery Sport when the engine management warning light pops up on your dashboard.
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Friday, September 27, 2019
Where to Find Progressive Web App Development Ideas / Companies / Mobile Technology
Progressive Web App Development generally represents to creating mobile sites attracted attention due to the relative ease of development and almost instant user interaction. In modern technology, this idea has got much popularity since its formation which was almost 4 years ago from now. This theory was really a problem that Is it possible to get the site installed on any gadget, receive notifications and use it even offline so now the solutions have been made on behalf of the latest technology reforms and to establishing new relationships between the clients and the owners of the sites. JavaScript, CSS, HTML and Service Worker have changed the working process by getting instant access and rapid response. There are numerous featuring software and tools which behave with the client as native applications. Advances in the improvement of browsers, cache, and push-interfaces permitted to get the application installed on the home screen straightforwardly from the browser, is good inspiring a feature which attract the most of the app developers to take prompt initiatives and to create such a unique and attractive feature platforms to get the expected results.Read full article... Read full article...
Thursday, September 26, 2019
Will Gold Benefit from Trump Impeachment Proceedings? / Commodities / Gold & Silver 2019
This week, Nancy Pelosi announced that the House would launch a formal impeachment inquiry. Is it a well-grounded argument, publicity stunt or reflection of the growing polarization inside the Democratic party? Storm in a tea cup or not, should Trump be worried? And gold?
What’s This All About?
On Tuesday, Nancy Pelosi, House Speaker, announced that “the House of Representatives is moving forward with an official impeachment inquiry.” That’s a big shift among Democrats, who control the House. They were talking about the Trump impeachment for months and for a variety of reasons, but never launched the process. What changed their minds?
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Thursday, September 26, 2019
Economist Mad Men in Authority - That Time Keynes Had a Point / Economics / Economic Theory
John Maynard Keynes once said:
“Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.”
While true, it doesn’t go far enough. The problem isn’t simply defunct economists or “scribblers of a few years back.”
We are in the grip of economists who, far from being defunct, hold great power. Whether they hear voices in the air (or Twitter), I can’t say, but they are indeed madmen in authority.
Thursday, September 26, 2019
The Hottest Investment Sector Of The year Is Flying Under Wall Street’s Radar / Companies / Gaming
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Thursday, September 26, 2019
News and Emotions Aside, This Is Where Stocks and Precious Metals Are Headed / Stock-Markets / Financial Markets 2019
If you follow the headline news, read multiple articles a day from different sources on the markets, and are human then you are likely underperforming the market in which you are trying to beat like gold, miners, the SP500 index or whatever it may be.
The information I talk about below and in this video should be a real eye opener for those have not seen technical analysis in action, just how clear the we can see what the stock market, bonds, metals, oil and more will do next. Even at a time like this when the markets are gyrating all over hte place from week to week, we can still gauge our risk and be a winner.
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Thursday, September 26, 2019
The Disaster of Negative Interest Rates / Interest-Rates / Negative Interest Rates
The dollar strengthened against the euro in August, merely in anticipation of the European Central Bank slashing its key interest rate further into negative territory. Investors were fleeing into the dollar, prompting President Trump to tweet on Aug. 30:
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Thursday, September 26, 2019
Democrats Launch Formal Trump Impeachment – What Should Gold, Stock Traders Expect? / Stock-Markets / Financial Markets 2019
News of the formal impeachment proceedings came just after the markets closed on September 24, 2019. The markets had already broken a bit lower most of the day after Consumer Confidence and Jobs expectations were weaker than expected. We had just authored a public research post about our belief that the Technology sector was about to breakdown and begin to move lower. Additionally, we pushed out a post about how Silver would become the “Super-Hero” of 2019/2020 based on our expectations of further gains.
We believe the new impeachment proceedings will result in a market that is very similar to what happened when the US invaded Kuwait in August 1990. At that time, the US launched a very fast invasion of Kuwait that prompted a massive news event and resulted in hours of new invasion video that drew millions of Americans into watching the news every night. This invasion was almost like an extended Super Bowl or an extended World Series event where millions of people are actively engaged in this event, stop engaging in the local economy and focus their attentions on the news cycle, content and political circus originating in DC. But first, be sure to opt-in to our free market trend signals newsletter
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Thursday, September 26, 2019
5 Tips For Building A Winning Trading Strategy / InvestorEducation / Learn to Trade
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Wednesday, September 25, 2019
Ford Falls Off a Cliff—These 3 Companies Could Be Next / Companies / Corporate Bonds
It’s been a long time coming.
PIMCO, the world’s largest bond hedge fund, has been warning investors about this for months. So has Federal Reserve Chairman Jay Powell.
So I wasn’t surprised when the first domino in the corporate debt crisis fell last week…
Credit rating agency Moody’s downgraded Ford Motor Co.’s bonds from investment grade to “junk” status last Monday.
The downgrade affected Ford’s entire $84-billion debt load, according to Bloomberg.
Wednesday, September 25, 2019
Day Trading versus Casino Gambling: is there really a difference? / Personal_Finance / Gambling
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Wednesday, September 25, 2019
To Fix the Economy, Fix Healthcare / Economics / US Economy
If you are American and you have health insurance, you probably get it from either your employer or some kind of government program. Or possibly both, if the government is your employer.
Almost no one in the US gets health insurance on their own. We can’t afford to buy it and insurers can’t afford to sell it, thanks to our crazy patchwork system. As a result, people fall through the gaps and millions remain uninsured.
Even many who are insured might as well not be, since exorbitant deductibles leave them practically uncovered.
Wednesday, September 25, 2019
Amazon Could Soon Be the World’s Biggest Shipping Company / Companies / Amazon
Amazon (AMZN) kicked off the internet shopping boom in the ‘90s when it started shipping books.These days, you can click a button and get almost anything delivered to your door.
Amazon sold $164 billion worth of stuff on its website this year.
If there were a disruptor stock hall of fame, Amazon would be first in line.
But Amazon didn’t disrupt shopping alone. Goods can’t ship themselves.
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