Tuesday, May 07, 2019
US Federal Reserve Bank Vetoes Cain and Moore / Interest-Rates / US Federal Reserve Bank
By: BATR
If you ever had doubts just who is squarely in charge of the finances for the debt created U.S. Dollar currency, the nixing of Herman Cain and Stephen Moore for the Federal Reserve Board confirms that the Banksters are the real power. The Shadow Government is truly the elitists behind monetary hegemony that rules over government and economic policies. The institutions that shape and direct the financial dynasty of the reserve currency is outside the realm of Presidential compliance. Donald Trump has just experienced the push back from the Jackals of Jekyll Island.
Clearly the Federal Reserve 100 Years of Failure has been the single most destructive financial factor in history. Over the last century the Merchantry economy has been systematically dismantled in favor of the Corporatocracy. The Wall Street establishment has always opposed entrepreneurs unless they go public with shares that the Masters of the Universe can manipulate. Both Cain and Moore have a long record of media appearances that often vary from the establishment viewpoint.
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Tuesday, May 07, 2019
Stocks, Oil, Gold: Inflation-Adjusted Returns / Stock-Markets / Financial Markets 2019
By: Kelsey_Williams
In late 1999, the hyper-bullish technology stock sector was nearing the end of its nearly decade-long run to unsupportable and overly optimistic highs. At the center of the hype and fascination were new companies, headed by twenty-something geniuses. They were referred to as startups.
The multiples of earnings that normally applied in order to assess value of these companies was thrown aside. That is because most of them did not have any earnings.
Nevertheless, they were attractive enough to garner huge crowds of support. Just the hint of a revolutionary idea could boost an unknown small private company into the spotlight of the new issue market with over subscription being commonplace.
Technology stocks collapsed in 2000, and were eventually joined by the broader stock market which began a two-year descent that saw the S&P 500 lose fifty percent of its value.
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Tuesday, May 07, 2019
When Will the Stock Market’s Rally Stop? / Stock-Markets / Stock Markets 2019
By: Troy_Bombardia
The stock market managed to squeak out some additional gains this week, and the S&P is now up 15 of the past 19 weeks. A lot of traders are probably wondering “when will the stock market’s rally end?”
The economy’s fundamentals determine the stock market’s medium-long term outlook. Technicals determine the stock market’s short-medium term outlook. Here’s why:
- The stock market’s long term risk:reward is no longer bullish.
- The medium term direction (e.g. next 6-12 months) has a bullish lean.
- The stock market’s short term leans bearish
Tuesday, May 07, 2019
DIY Money Saving Magic with Wood Moisture Meter for DIY Repairs / Personal_Finance / Home Maintenance
By: HGR
Here's how a cheap moisture meter can save you a lot of time and money in DIY repairs. For instance we bought a cheap meter from Amazon for just £14 (https://amzn.to/2GZZnlA) to test the boards on a 10 year old decking so that we don't unnecessarily replace good boards, better to get the job all done in one go rather than having to revisit a few months later.
The Moisture meter has 4 sharp prongs, It basically works by sticking the prongs into wood and then gives a percentage moisture reading, anything over 20% means the woods likely rotting, most wood should read less than 20%. I tested it on a tree and it came back at 40%. The dry deck boards generally gave 0%-5% readings so were fine. 1 board that needed replacing underside was giving readings of over 30%!
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Tuesday, May 07, 2019
Record-Low Unemployment and Trump’s Message to China: Implications for Gold / Economics / US Economy
By: Arkadiusz_Sieron
The US unemployment rate dropped in April to 3.6 percent, a level not seen since December 1969. So, everything must be great. With the exception of the renewed worries about the U.S.-China trade deal. On Sunday, President Trump surprised the markets again. What did he write exactly and how could his tweets affect the gold market?
US Economy Adds More Than 250,000 new jobs in April
America created 263,000 jobs last month, following a strong rise of 189,000 in March (after an downward revision). The number surprised again on a positive side, as the economists polled by the MarketWatch forecasted 213,000 created jobs.
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Tuesday, May 07, 2019
Silver Sets Up A Long-Term Wave B Bottom / Commodities / Gold & Silver 2019
By: Chris_Vermeulen
Precious Metals traders have been hanging on every turn in the markets over the past 2+ years. The upside price move in early 2016 setup a very strong expectation that further upside price moves were about to result in an upside price explosion in metals. Remember, 2016 was a very big US Presidential election year. 2020, being the next big US Presidential election year, is only about 7 months away and the rancor has already started in the news cycles.
Our proprietary Fibonacci price modeling system is suggesting that Silver has set up an ABC bottom in Oct/Nov 2018 and has already initiated an A/B upside price leg that should result in a C or C/D/E price advance over the next few months. Our Fibonacci price modeling system is suggesting an upside price target of $22 per ounce for this move, which breaks the previous July 2016 highs of $21.22. We believe the ultimate upside target of this next bullish move is bear $28 to $29 based on longer-term Fibonacci price modeling.
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Tuesday, May 07, 2019
Stock Market Failed Attempt / Stock-Markets / Stock Markets 2019
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – Final long-term phase on the way? How much longer, is the question.
Intermediate trend – The trend which started at 2346 could be close to making a final high (as a B-wave?) before another significant correction begins.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Monday, May 06, 2019
Impact of Demographics on UK House Prices / Housing-Market / UK Housing
By: Nadeem_Walayat
This analysis directly continues on from (UK Real Unemployment Rate is 5.5 million - Britains Benefits Culture) which is part of a series that aims to conclude in a new multi-year trend forecast for UK house prices. But first a recap of my analysis to date that so far suggests to ignore mainstream press hysteria that warns of impending doom for Britains housing market, encouraged no less than the Government and Bank of England which warn to expect a 30% CRASH in UK house prices should the UK LEAVE the EU without a deal.
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Monday, May 06, 2019
Earth vs. The Human Amoeba / Politics / Environmental Issues
By: Raul_I_Meijer
A few days ago, I received a video of an April 22 (Earth Day) lecture by my longtime friend Nate Hagens. Nate and I both owe a lot concerning our view and understanding of the world to Jay Hanson, who tragically died about a month ago on a diving trip in Indonesia. Many people have written and thought about issues of energy, or economics, or ecology; Jay brought it all together and, crucially, added the human brain and genetic properties to the mix.
Teaching at the University of Minnesota, Nate has greatly expanded on this big picture, and produces -among other things- a lot of video material for his students. Lucky them: a view with so much breadth and depth at the same time is exceedingly rare. What most people don’t get is that you can say: we can do so-and-so, but it’s mostly just in theory. In practice, our brains make us react much different from the theory. Because it’s not our “rational brain” that drives us, it’s our amoeba brain.
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Monday, May 06, 2019
Gold Stocks Big Picture / Commodities / Gold and Silver Stocks 2019
By: Rambus_Chartology
I was going through some old long term charts I haven’t posted in many years to see if there was anything of interest to post tonight. With long term charts things don’t change very fast and the big picture can stay viable for years. I have literally hundreds of charts for the different PM stock indexes that I’ve built through the years that are tucked away in different chart lists that I don’t check very often. It’s always interesting to go through some of those old chart lists, especially with the longer term charts, to see what I was thinking years ago and how relative that big picture looks today.
This first chart is a 12 year weekly chart for the XAU which begins with the 2007 small H&S top that led to the crash in 2008. When I first began to post that potential H&S top nobody and I mean nobody wanted to hear about it. The PM complex had been in a raging bull market up to that time so how could there be a H&S top reversal pattern forming. That 2007 H&S top produced the biggest and most vertical decline in the history of the XAU which caught most PM investors off guard. Luckily for those investors that held on during that massive decline, which would have been near impossible, were treated to a reverse symmetry rally back up over the same area on the way down. That 2008 crash low rally produced marginally new highs which turned out to be a massive H&S top which ended the bull market.
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Monday, May 06, 2019
America’s Iran Plans Suffer from a Double-Bind / Politics / Iran
By: Dan_Steinbock
The Triangle Drama of the United States, Iran, and China
Starting in May, the White House hopes to extinguish Iran’s oil exports. However, any destabilization may prove counter-productive and cause long-term damage to the United States, the region and global prospects.
For three years, the nuclear accord (JCPOA) offered Iran relief from the multilateral sanctions on energy, financial, shipping, automotive and other sectors.
The shift in the U.S. policy began in late 2016, when the Congress extended the Iran Sanctions Act for a decade. That emboldened Trump's unipolar stance.
But what are the immediate economic and strategic implications?
Monday, May 06, 2019
Is Trump Foreign Policy Designed Backwards to Disrupt the Empire? / Politics / US Politics
By: Stephen_Merrill
According to US conservatives, Donald Trump’s MAGA has served to sharpen the bristles of US foreign policy reigning in the competing global powers with sanctions and far reaching power-plays in trade and weaponry, way beyond Obama and even Clinton.Even the death zombie Dems have to applaud Trump at times, when he bombs Syria on fake news or sanctions Russia even more or tries to overthrow the Venezuelan government with gangster tactics. The billionaires’ media finally finds its President then.
So, the self-serving assessment in Washington is that Trump the Terrible has been successfully compromised into fully supporting Empire games of endless war and chaos, just like his recent predecessors. The conclusion becomes there is simply is no resisting the US intelligence agencies that are the spearpoint for Congress’ faithful alliance with the Merchants of Death, 1tr a year and vastly growing.
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Monday, May 06, 2019
5 Options To Achieve Financial Freedom By Earning Money Online / Personal_Finance / Money Making
By: Sumeet_Manhas
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Sunday, May 05, 2019
When the Uber-Wealthy Bash the Wealth Gap, It's Time to Worry / Stock-Markets / Stock Markets 2019
By: EWI
By Murray Gunn
Multi-billionaire hedge fund manager Ray Dalio recently published a 7500-word call to reform American capitalism. Noting that the nation's wealth gap is the "highest since the 1930s," Dalio wrote that rather than distributing income equally, capitalism is "producing self-reinforcing spirals up for the haves and down for the have-nots" which "pose existential threats to the United States," and amount to a "national emergency."
Parts of Dalio's message sound eerily close to another article authored by another uber-successful capitalist, John J. Raskob. In his piece "Everybody Aught to Be Rich," Raskob writes:
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Sunday, May 05, 2019
Russia and China Intend to Drain the West of Its Gold / Commodities / Gold & Silver 2019
By: MoneyMetals
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we have an eye-opening interview with Bill Holter of JS Mineset. Bill weighs in host of topics including our incredibly broken and phony markets, the truth behind why governments hate gold so much, and the real reasons why China and Russia are eagerly amassing huge gold positions.
Bill also highlights some tell-tale events he believes could cause a massive revaluation of gold and silver… and an implosion of the debt-based markets we have today. Don’t miss our explosive interview with Bill Holter, coming up after this week’s market update.
Precious metals markets got hit this week as the Federal Reserve threw cold water on the idea of interest rate cuts.
Fed policy makers met on Wednesday and left their benchmark rate unchanged as expected. The Fed’s statement noted that price inflation excluding food and energy has declined over the past 12 months and is officially running below 2%. This, even as oil and gasoline prices have trended sharply higher this year.
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Sunday, May 05, 2019
Stock Index Trading Signals for Momentum, Swing, and Trend Following / Stock-Markets / Stock Index Trading
By: Chris_Vermeulen
Since 2001 I have been refining my index trading skills and strategies in the hope that one day I would provide a steady stream of trades and income and possibly even be able to automate the trading for me.
Now, 18 years later I have made most of these dreams/goals come true with a robust trading system that makes trading momentum drops and pops, swing trading, and trend following really simple. While it’s not 100% complete, and likely never will be as I’m always working on adapting things work with the everchanging markets, it is something I’m really proud of and excited to share with fellow traders. Over the next month or so I will be pushing to get this new application running for members to watch and receive the trade alerts.
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Sunday, May 05, 2019
Looking At Crude Oil Price Corrective Upswing, Is the Bottom In? / Commodities / Crude Oil
By: Nadia_Simmons
It looks like crude oil is set for a sizable weekly decline. After yesterday’s plunge, the market looks to have stabilized today. But is it really so? In today’s analysis, we’re bringing you the details. We objectively reveal what to expect next. Either the bulls or the bears won’t like it. Who do you think it’ll be?
Let’s take a closer look at the chart below (charts courtesy of http://stockcharts.com).
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Sunday, May 05, 2019
US $2 Trillion Infrastructure Plan Will Require Mega Metals / Commodities / Metals & Mining
By: Richard_Mills
The White House and Congress finally agreed to put their significant differences aside and work together on something constructive, no pun intended.
On Wednesday it was announced that President Trump and Democratic congressional leaders plan to spend $2 trillion on US roads, bridges, power grids, water and broadband infrastructure - bricks and mortar priorities that are sorely underfunded in both the United States and Canada.
For more on this, read our The global infrastructure deficit: the road not yet taken
“We just had a very productive meeting with the president of the United States,” House of Representatives Speaker Nancy Polosi said during a press scrum, adding: “We did come to one agreement: That the agreement would be big and bold.”
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Sunday, May 05, 2019
Night King is NOT DEAD! But it's Valar Morghulis for Game of Thrones Facebook Groups / Personal_Finance / Social Media
By: N_Walayat
An unknown HBO TV shows based books written by a fantast author no one had never heard of (RR Martin) that barely managed to survive past its pilot who HBO were not happy with demanding several cast changes and a re shooting of the whole pilot!
to its 2nd season has since stormed the world by it's 8th and final season. Where everyone has jumped on board the Game of Thrones bandwagon in the countdown to the shows final 3 episodes, but then what? Valar Morghulis, all tv shows must die!
Yes, there is take of prequels and spin offs but based on what happened to previous popular TV shows then Season 8 for most will be the end of Game of Thrones as it concludes its 8 season arc.
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Saturday, May 04, 2019
Dangerous Stock Markets / Stock-Markets / Stock Markets 2019
By: Zeal_LLC
These record US stock-market levels are very dangerous, riddled with extreme levels of euphoria and complacency. Largely thanks to the Fed, traders are convinced stocks can rally indefinitely. But stock prices are very expensive relative to underlying corporate earnings, with valuations back up near bubble levels. These are classic topping signs, with profits growth stalling and the Fed out of easy dovish ammunition.
Stock markets are forever cyclical, meandering in an endless series of bulls and bears. The latter phase of these cycles is inevitable, like winter following summer. Traders grow too excited in bull markets, and bid up stock prices far higher than their fundamentals support. Subsequent bear markets are necessary to eradicate unsustainable valuation excesses, forcing stock prices sideways to lower until profits catch up.
This latest bull market grew into a raging monster largely fueled by extreme Fed easing. At its latest all-time record peak hit just this week, the flagship US S&P 500 broad-market stock index (SPX) has soared 335.4% higher over 10.1 years! That makes for the second-biggest and first-longest bull in US history, only possible because it gorged on $3625b of quantitative-easing money printing by the Fed over 6.7 years.
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