Monday, July 01, 2019
China’s Rare Earths, Locked And Loaded / Commodities / Rare Earths
By: Steve_H_Hanke
President Trump has picked a fight with China on trade. This has run the gamut of badgering to the imposition of tariffs on Chinese exports to the United States. And, if that is not enough, the President threatens to lay on more tariffs if China fails to comply with a host of U.S. demands. China will not stand idly by and be beaten with a stick, but will they pull the trigger?
One weapon that China has in its arsenal is rare earths. As the Global Times, a state-owned Chinese newspaper, put it: rare earths are “an ace in China’s hand.” Rare earths cover 17 important elements on the periodic table. And, they are elements in which China occupies a dominant position. Furthermore, the Chinese leadership is well aware of the strategic importance of rare earths. As far back as 1992, Deng Xiaoping stressed that “the Middle East has oil; China has rare earths.”
And that is not all. China knows that rare earths can be used to counterpunch. Last month, China’s Natural Development and Reform Commission, a body that oversees Chinese policy shifts, pointedly brought up rare earths in a question-and-answer bulletin on the threat of a rare earths export ban. The notice read: “Will rare earths become China’s counter-weapon against the US’s unwarranted suppression? What I can tell you is that if anyone wants to use products made from rare earth to curb the development of China, then the people of the revolutionary soviet base and the whole Chinese people will not be happy.”
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Monday, July 01, 2019
The Oil Crisis Saudi Arabia Can't Solve / Commodities / Crude Oil
By: OilPrice_Com
Saudi Arabia’s CEO Amin Nasr’s message to the press that oil flows to the market are guaranteed, should be taken with a pinch of salt.
Looking at the current volatility in the Persian/Arabian Gulf and the possibility of a temporary closure of the Strait of Hormuz, the Aramco CEO’s message might be a bit overoptimistic. In reality, Aramco will not be able to keep the necessary crude oil and products volumes flowing to Asian and European markets in the case of a full Strait of Hormuz blockade. Even that Aramco owns and operates a crude oil pipeline with a capacity of 5 million bpd, carrying crude 1,200 kilometers between the Arabian Gulf and Red Sea, much more is needed to keep the oil market stable.
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Monday, July 01, 2019
5 Real Estate Investment Tips to Consider / Housing-Market / US Housing
By: Umer_Mahmood
If you’re looking to invest in something that will provide you with a steady amount of wealth, then the real estate market may be an option.Investing in real estate has been around for decades and has proven to make investors quite a bit of money. Much of the success comes down to the interest rates and inflation. What you bought 20 years ago will likely bring you a hefty return in 2019.
As with any investment journey you go on, it’s essential to have a plan. We have five real estate investment tips that you’ll want to consider as you create your plan.
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Sunday, June 30, 2019
US Dollar Breakdown Begins, Gold Price to Bolt Higher / Currencies / US Dollar
By: Jim_Willie_CB
A major breakdown is in progress for the USDollar index. It has broken its intermediate uptrend which began in April 2018. Eighteen months of official rate hikes and tremendous hidden activity with derivative bond purchases, which obscure the absent USTreasury Bond buyers, have finally weighed on the King Dollar. The USEconomy suffers from 20 key breakdown signals, about which the lapdog press refuses to report. The historical tightening has turned into a failed experiment, an attempt to return to normalcy when no such event can possibly occur. Ponzi Schemes cannot be gradually unwound. The USGovt debt has gone past $22 trillion. The USGovt deficit this year is set to surpass $1.3 trillion. The missing money volume for the USGovt, a fat pig exploited by various departments, is conservatively estimated at $21 trillion. The global bond market investors no longer expect the USGovt debt to be repaid, as a failure mindset has crept into the bond arena. Given the repeated treatment since 2008, with expansion, the USTreasury Bond has become the global subprime bond. Next comes the reversal of monetary policy, where the US Federal Reserve begins to do emergency rate cuts in sequence. Expect some big name corporations to be monetized. The USDollar will be harmed, Gold will surely rise, and Oil will likely fall. A very valid point must be made. In past financial crises, the United States drew $trillions in capital from foreign markets. Next the opposite will occur, as foreigners will remove $trillions from their US holdings in both stocks and bonds. The US will be left to defend itself with corrupt devices. Gold will respond.
Sunday, June 30, 2019
Prechter's Wall St. Classic: Get Your Free Access Now / InvestorEducation / Elliott Wave Theory
By: EWI
Hi Reader,
90% of traders throw in the towel. One of the main reasons is because they don't have a method.
Elliott Wave Principle is one of the most popular investment method books ever published. And now, we're working with Elliott Wave International to celebrate the book's 40th anniversary by giving you free access to Bob Prechter's bestseller.
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Sunday, June 30, 2019
Once Upon a Time There Was a Goldilocks Economy. Will This Story End Well for Gold? / Commodities / Gold & Silver 2019
By: Arkadiusz_Sieron
Once upon a time there was a Goldilocks (economy)… Would like to know the end of this story? So let’s read our today’s article – and find out whether it will have a happy end for gold!
There was once a little girl whose hair was so bright and yellow that it glittered in the sun like spun-gold. For this reason she was called Goldilocks. One day she came to a house of Three Bears. They have gone out, but the girl saw the porridge through the window, so she went in.
She first tasted the porridge of the Great, Huge Bear, and that was too hot for her. And then she tasted the porridge of the Middle Bear, and that was too cold for her. And then she went to the porridge of the Little, Small Bear, and tasted that; and that was neither too hot nor too cold, but just right, and she liked it so well that she ate it all up.
Sunday, June 30, 2019
US Prepares for Currency War with China / Currencies / Currency War
By: Richard_Mills
The 1997 Asian Financial Crisis serves as a reminder of what happens when competing economies engage in a round of competitive currency devaluations.
The crisis began after impressive growth in the so-called tiger economies abruptly stopped, leading to stock market crashes and currencies losing about 70% of their value. The recession that followed lasted two years, during which time the IMF loaned South Korea, Indonesia and Thailand $110 billion. In exchange those countries had to adhere to strict austerity measures including higher taxes, reduced public spending, privatizations and higher interest rates, to cool their overheated economies resulting from the stimulus package. By 1999 growth returned, albeit with stock markets and currencies far below pre-1997 levels.
The currency meltdown was triggered by the default of a large property developer and a financial company in Thailand. When the Thai baht wasn’t able to maintain its peg to the US dollar, it was devalued and floated. Other Asian currencies soon followed, including the Malaysian ringgit, Indonesian rupiah and Singapore dollar.
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Saturday, June 29, 2019
The Trump Stock Market Trap May Be Triggered / Stock-Markets / Stock Markets 2019
By: Barry_M_Ferguson
From the Christian Bible, John 8:32 - Jesus speaking: “If you abide in My word, you are My disciples indeed. And you shall know the truth, and the truth shall make you free.”
So, we have it on pretty good authority, Jesus Christ, that freedom is spawned from truth. If humans want to be free, they must therefore seek the truth.
The current day media, news - sports - financial, has gone full bore communist state mouth piece. They only report what they want us to believe. Deceivers push falsehoods to enhance their own power with the hope of enslaving the masses. The serpent doesn’t use an apple today. The serpent uses the microphone, politicians, entertainers, complete human ignorance, electronic media, and social media for deceit.
This is a truth we know. Low taxes plus low government regulation results in robust economies. Yet, no government on Earth facilitates this truth. In fact, they are the opposite and therefore in a spiritual sense, evil.
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Saturday, June 29, 2019
Gold Stocks Decisive Breakout! / Commodities / Gold and Silver Stocks 2019
By: Zeal_LLC
The gold miners’ stocks just blasted higher to a major decisive breakout this week! Driven by gold’s own huge bull-market breakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a game changer, starting to shift long-apathetic sector sentiment back towards bullish. This will increasingly attract back traders, with their buying unleashing a virtuous circle of gains.
Traders usually track gold-stock fortunes with this sector’s most-popular exchange-traded fund, the GDX VanEck Vectors Gold Miners ETF. Launched in May 2006, this was the original gold-stock ETF. That big first-mover advantage has helped propel GDX to sector dominance. This week its net assets of $10.5b ran 44.6x larger than the next-biggest 1x-long major-gold-miners ETF! GDX is this sector’s leading benchmark.
And as recently as late May, neither speculators nor investors wanted anything to do with gold stocks. GDX slumped to $20.42 on May 29th, down 3.2% year-to-date. That was much worse than gold’s own slight 0.2% YTD decline then warranted. The gold stocks were really out of favor, largely ignored by apathetic traders. What a difference a month makes though, as their fortunes changed radically in June.
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Friday, June 28, 2019
Platinum Setting Up For A Big Price Anomaly / Commodities / Platinum
By: Chris_Vermeulen
Our clients and followers have been following our incredible research and market calls regarding Gold and Silver with intense focus. We issued a research post in October 2018 that suggested Gold would rocket higher from a base level below $1300 to an initial target near $1450 almost 9 months ago.
As of this week, Gold has reached a high of $1442.90 only $7.10 away from our predicted target level. This has been an absolutely incredible move in Gold and we could not be more pleased with the outcome for our clients, followers, and anyone paying attention to our research posts.
Additionally, many of our clients have been asking us to share our predictive modeling research for Platinum, which has been basing near recent lows recently. We decided to share our research with everyone regarding the information our proprietary predictive modeling tools are suggesting.
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Friday, June 28, 2019
Silver Awaiting This Key Bull Market Signal / Commodities / Gold & Silver 2019
By: Hubert_Moolman
Although gold has successfully signaled its bull market, silver is yet to convincingly do so. It may be true that silver follows gold, but the two can diverge for quite some time. So, it is essential that silver gives us a clear bull market signal to confirm that the bull is real.
The following technique could provide a way to track silver until it provides that clear bull market signal.
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Friday, June 28, 2019
Yes, the Personal Finance Industry Is a Scam / Personal_Finance / Financial Education
By: Jared_Dillian
I’m bouncing off of Kashana Cauley’s mini-rant in GQ about Suze Orman and the personal finance “industry” in general. The key paragraph here:
This past weekend, CNBC reminded us of Orman’s distaste for coffee: “If you waste money on coffee, it’s like ‘peeing one million down the drain.’” Man, personal finance experts do love shaming people for buying coffee. And avocado toast. If only we’d just stop paying for haircuts—as USA Today recently recommended—the dollars we’d save would also destroy our crushing student debt and sink the effects of years of wage stagnation, income inequality, and de-unionization with it, allowing us to buy those houses we’re too broke to buy right now five minutes before we kick the bucket. And we’d also end up with completely professional, hacked-off-ourselves hair.
Friday, June 28, 2019
Gold Stock Launch in the Books; What’s Next / Commodities / Gold and Silver Stocks 2019
By: Gary_Tanashian
You may know me as the…
…guy.
The guy using the planets of an imaginary gold sector Macrocosm with proper fundamentals that are decidedly not imaginary but rather, are necessary to call a real bull phase or even bull market. By managing a strict set of macro and sector fundamental inputs (to the sound of crickets and little else in the sector) NFTRH and its subscribers had a front row seat to the now obvious gold mining launch as first the fundamentals came in line, followed by the technicals.
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Friday, June 28, 2019
Can the Crude Oil Bulls Extend the Sputtering Rally? / Commodities / Crude Oil
By: Nadia_Simmons
The series of higher oil prices appears to be over as today, we might see the bulls’ power tested. Where can the bears aim realistically and what is most likely to happen next? These are certainly valid questions as the oil price has reached an important resistance and appears hesitating today. Will some geopolitical news come to the rescue? High time to dive in...
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Friday, June 28, 2019
Gold Declines As the Fed Dampens Rate Cut Expectations / Commodities / Gold & Silver 2019
By: Arkadiusz_Sieron
What a week! On Tuesday, gold prices hit a six-year peak of almost $1,440. But they declined since then to almost $1,400. What is happening? We got the Fed speaking… Let’s dive in to the implications of what has been said.
Rally in Gold Ends
As we reported two days ago, the price of gold has jumped above $1,430 after the dovish FOMC meeting last week. However, the rally did not last long. Yesterday, the price of gold fell to a level slightly above $1,400, as the chart below shows. What happened?
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Friday, June 28, 2019
Gold Clearly Reverses at Consolidation’s Upper Border / Commodities / Gold & Silver 2019
By: P_Radomski_CFA
Quite a few journalists wrote about gold’s breakout in the previous days even though gold made an attempt to break above the key resistance – the mid-2013 high – only today (and it failed). At the same time, when the gold to silver ratio was breaking out in a clear way, many journalists ignored that and emphasized the importance of the resistance at hand. Either way, the focus was not on what was really going on, but on trying to make the reality fit the bullish case for gold. After all, “gold people” have to be bullish on gold all the time, right? Wrong – those, who want their clients to succeed need to stay focused on what is likely to happen based on objective, cold logic and facts, instead of chasing the emotions of the day. And what do the facts tell us?
We have a twofold purpose in highlighting the pitfalls of permabullish emotionality. The first one is to show you how acting on emotions in investing backfires – gold rallied temporarily above $1,440 and in today’s pre-market trading, declined to almost $1,400. And it doesn’t seem that the decline is over. The second one is that we want to emphasize that there is almost nobody else in the gold analysis business that saw that the real resistance and the upper border of the long-term consolidation pattern in gold is at the mid-2013 highs. Many others cheered as gold moved above the previous – less important – highs, and they wrote about a major breakout in gold. These were breakouts, but not the key ones and nothing to call home about given that the highest of the relatively close highs remained unbroken. Please remember the above as gold moves to lower prices. Please also remember that we are writing right now that we will see gold below $1,200 well before we’ll see it above $1,500.
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Friday, June 28, 2019
Is the Market Sending a Crisis Era Signal on the Economy and Stock Market? / Stock-Markets / Stock Markets 2019
By: Troy_Bombardia
As the stock market continues to trend higher and Treasury yields continue to collapse, two groups of stocks are about to send crisis-era signals on the economy (according to Bloomberg). Today’s headlines:
- Crisis era signals
- Stocks continue to rally and Treasury yields continue to fall
- Citigroup Economic Surprise Index still deep in negative territory
- Gold’s sentiment extreme and volume
- Bonds sentiment extreme
Friday, June 28, 2019
Is Bitcoin A Diversion from the Natural Monetary Order? / Politics / Bitcoin
By: Antonius_Aquinas
As modern man continues to wantonly deviate, flaunt, and reject the natural law and the Divinely-created order from which it derives, it is not surprising that illusions like Bitcoin and other crypto currencies have captured the imagination of many and have provided a vehicle for scammers to rip off their fellow man.
Crypto currencies are a more complex, yet still devious derivative of the immoral, economic destructive, and social debilitating system of central banking. In response, Bitcoin pumpers have craftily tried to portray digital currencies as a “decentralized” alternative to the present fiat, paper-money standard.
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Friday, June 28, 2019
Why Facebook May Pose a Greater Financial Danger Than Wall Street / Currencies / BlockChain
By: Ellen_Brown
Payments can happen cheaply and easily without banks or credit card companies, as has already been demonstrated—not in the United States but in China. Unlike in the U.S., where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these cashless payments totaled a whopping $41.5 trillion; and 90% were through Alipay and WeChat Pay, a pair of digital ecosystems that blend social media, commerce and banking. According to a 2018 article in Bloomberg titled “Why China’s Payment Apps Give U.S. Bankers Nightmares”:
Read full article... Read full article...The nightmare for the U.S. financial industry is that a technology company—whether from China or a homegrown juggernaut such as Amazon.com Inc. or Facebook Inc.—replicates the success of Alipay and WeChat in America. The stakes are enormous, potentially carving away billions of dollars in annual revenue from major banks and other firms.
Thursday, June 27, 2019
Silver Price Will Pause Before Going Higher / Commodities / Gold & Silver 2019
By: Chris_Vermeulen
Silver will likely find resistance near $15.60 and move slightly lower before another upside price leg takes place. Both gold and silver have begun incredible price rallies over the past 10+ days and we believe this is just the start of a much bigger price trend.
We believe Silver, to be one of the absolute best potential trades and investment. It will likely pause just below $15.75, near the First Resistance level, rotate a bit lower (possibly towards $15.15), then attempt another rally towards the $16.50 level.
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