Saturday, July 14, 2018
Uncle Sam’s Debt-Money System Is Immoral, Tantamount to Theft / Interest-Rates / US Debt
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in Keith Weiner, CEO and Founder of Monetary Metals, and President of the Gold Standard Institute USA. Keith is a hard money advocate who has been an outspoken proponent for the gold standard and restoring sound money to our nation's monetary system. Keith has a PhD from the New Austrian School of Economics, and his articles have appeared in numerous publications on Internet sites throughout the globe, and it's a real pleasure to have him on with us today.
Keith, thanks so much for taking the time, and welcome.
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Saturday, July 14, 2018
Staying in a Caravan - UK Summer Holidays 2018 - Cayton Bay Hoseasons Holiday Park / Personal_Finance / Holidays
By: Anika_Walayat
Thinking of booking a caravan park for summer holidays UK 2018? Then look no further than in this series of videos of what it's like to holiday at a UK caravan park. This is at the Hoseasons Caravan Park at Cayton Bay, North East England, not 10 miles from Scarborough. In our third video in this series we take a look at what it's like to actually live in a caravan, is there enough room? What's it like to sleep in, to Cooking? To experiencing what it's like when it rains. So get a taste of what it's like to stay in a caravan before you book.
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Saturday, July 14, 2018
Gold Stocks Summer Lows / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The gold miners’ stocks have been drifting sideways to lower like usual in their summer doldrums. They are likely near their major seasonal lows ahead of a strong autumn rally, a great buying opportunity. Gold rebounding higher will be the primary driver fueling the gold-stock advance, dispelling today’s bearish psychology. And strong Q2 production growth will likely play a sizable role in restoring favorable sentiment.
Market summers have long been gold’s weakest time of the year seasonally. Junes and early Julies in particular are simply devoid of the big recurring demand spikes seen during most of the rest of the year. With traders vacationing to take advantage of warm sunshine and kids being out of school, markets take a back seat. So there’s no outsized gold buying driven by income-cycle or cultural factors this time of year.
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Friday, July 13, 2018
Trump US Trade War With China, Europe Consequences, Implications and Forecasts / Politics / China US Conflict
By: Nadeem_Walayat
And so the Trade War begins as Trump delivers on his 'America First' election slogan where at the top of his agenda is for a destructive Trade War against not just China but the whole world, which Trump sees as correcting decades of erroneous US trade policies that saw the Chinese totalitarian state literally handed trillions of dollars to invest in it's civil and military infrastructure, modernising it's third world economy at an unprecedented lightening speed, trillions of dollars coupled with valuable intellectual property stolen from the West that has put China on the fast track towards ultimately threatening US global supremacy with their own Empire that Trump chaotically has tasked himself towards preventing.
Friday, July 13, 2018
Tariffs “Trump” Tax Cuts / Politics / Protectionism
By: Michael_Pento
China appears to have more to lose from a trade war with the US simply because the math behind surpluses and deficits renders the Bubble Blowers in Beijing at a big disadvantage. When you get right down to the nuclear option in a trade war, Trump could impose tariffs on all of the $505 billion worth of Chinese exported goods, while Premier Xi can only impose a duty on $129 billion worth of US exported goods--judging by the announcement on July 10thh of additional tariffs on $200 billion more of China’s exports to the US we are well underway towards that end. However, this doesn’t mean China completely runs out of ammunition to fight the battle once it hits that limit.
Friday, July 13, 2018
Berkshire Hathaway Stock Aiming for Recovery / Companies / Company Chart Analysis
By: ElliottWave-Forecast
Berkshire Hathaway (Class A NYSE: BRK.A – Class B NYSE: BRK.B) is currently the seventh largest company in the S&P 500 Index by market capitalization. The company ,lead by Warren Buffett, has averaged an annual growth in book value of 19.0% to its shareholders since 1965.
Berkshire Hathaway Class B NYSE: BRK.B is one of the main stock within the Financial Select Sector SPDR Fund XLF. Year-to-date, the whole financial sector is still pointing in the negative side and not seeing any profit yet.
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Friday, July 13, 2018
Gold Standard Requirements & Currency Crisis / Commodities / Gold and Silver 2018
By: Jim_Willie_CB
The United States has three requirements in returning to the Gold Standard. They will be extremely difficult to achieve. They each serve as essential requirements in a criterion. All three are urgently needed. The challenge is formidable for the nation to remain as a leading player in the global economy. The United States stands alone in volume of national debt. Many place the blame on the social net like welfare, Social Security, and other measures. However, the biggest element is clearly the military budget, hardly for defense in the last two decades. As CEO Jack Ma of Alibaba stated so succinctly, the USGovt has spent $25 trillion on the military with nothing to show for it except decayed infra-structure and global animosity for its aggression. A major item in recent years for the deficits has been Medicare, which is full of fraud and waste. Another major item is the raft of pensions like for government service, judicial service, and military service.
Friday, July 13, 2018
Focus on the Greenback, Will USD Fall Below Euro 1.6? / Currencies / Forex Trading
By: Nadia_Simmons
Although last week’s decline took the USD Index under the late June’s lows, currency bulls didn’t break down with this deterioration and responded to their rivals fairly in previous days. Thanks to their determination, the greenback has wiped out most of the recent decline, which in combination with several other positive factors about which we wrote in today's Forex Trading Alert suggests that ...
Before, we analyze the current situation in our currency pairs, let’s examine the short-term picture of the USD Index.
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Friday, July 13, 2018
Stock Market Outlook 2018 - Bullish or Bearish / Stock-Markets / Stock Markets 2018
By: Sol_Palha
There is no absurdity so palpable but that it may be firmly planted in the human head if you only begin to inculcate it before the age of five, by constantly repeating it with an air of great solemnity. Arthur SchopenhauerFinancial experts continue to state that the markets are going to crash, even though their record since this bull market started back in 2009 has been dismal to the say the least. To complicate matters, some of these same experts suddenly jump ship and start to paint a bullish picture until the markets start to pull back. Then they falsely assume that the markets are going to crash and start singing the “market is going to crash” song again.
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Friday, July 13, 2018
Rising Inflation is Not Bearish for Stocks / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
Inflation is on the rise. Yesterday’s CPI reading saw inflation rise 2.8% year-over-year.
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Friday, July 13, 2018
Bitcoin Picture Less Than Pretty / Currencies / Bitcoin
By: Mike_McAra
The move up seemed to be continuing and the first impression was that we were seeing a first period of appreciation in some time. But the operative word here is “seemed.” If we take a closer look at what the current environment really is, the picture is far less pretty.
Bitcoin has been around for close to a decade now. Yet we haven’t seen much in the way of research on the Bitcoin network and the principles governing it. Sure, there have been studies analyzing the system from an economic point of view, but their number has been low relative to other topics covered by economic research. In other words, Bitcoin hasn’t been researched that much by people from academia. Against such a backdrop, it is interesting to see new papers taking on the problem of incentives in the Bitcoin network. In an article on the MIT Technology Review website, we read:
Friday, July 13, 2018
How International Observers Undervalue the Chinese Bond Market / Interest-Rates / China
By: Dan_Steinbock
Criticism is typical of vibrant international media. Yet, prejudiced biases in financial matters have the potential to harm investors worldwide. The Chinese bond market is a case in point. Not only is China’s bond market growing explosively, but it has become diversified and provides broad investment options to both Chinese and foreign investors.
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Thursday, July 12, 2018
Stocks Trying to Break Higher Again, Will They? / Stock-Markets / Stock Markets 2018
By: Paul_Rejczak
The S&P 500 index retraced some of its recent advance yesterday, as investors reacted to overnight trade tariffs announcement. Is this a new downtrend? Or just a downward correction before another leg higher? There are still two possible medium-term scenarios.
The U.S. stock market indexes lost between 0.6% and 0.9% on Wednesday, retracing some of their recent advance, as investors reacted to new trade tariffs announcement. The S&P 500 index has bounced off the resistance level of around 2,800. It currently trades 3.4% below the January's 26th record high of 2,872.87. The Dow Jones Industrial Average lost 0.9% and the technology Nasdaq Composite lost 0.6% on Wednesday.
Thursday, July 12, 2018
The Rise and Fall of Global Trade – Redux / Politics / Protectionism
By: Raul_I_Meijer
Ilargi: Someone linked to this almost 8 year old article from Nicole (July 19 2010), on Twitter. And yes, it’s even more relevant now than it was when she wrote it. So here’s a re-run:
… the Smoot-Hawley Tariff Act of 1930 in the US, which drastically raised tariffs on imports, lead to retaliation by trading partners, and the resulting trade war dropped global trade by 66% between 1929 and 1934.
One more comment from me: Trump may be on to something with some of his tariff actions, but he risks having the US run headfirst into the brittleness of just-in-time supply lines.
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Thursday, July 12, 2018
Corporate Earnings Q2 2018 Will Probably be Strong. What This Means for Stocks / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
Earnings expectations for Q2 2018 are high. Analysts expect the S&P 500’s earnings to grow 20% year-over-year. This leaves some investors and traders “worried” that the bar has been set too high, setting up for a disappointment.
I think that this earnings season will be strong and continue to beat expectations.
Why?
Because companies (on balance) almost ALWAYS beat their earnings expectations.
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Thursday, July 12, 2018
Is the Relative Strength in Gold Miners to Gold Price Significant? / Commodities / Gold and Silver 2018
By: Jordan_Roy_Byrne
It has been a tough spring and summer for precious metals. Gold failed to breakout when it had the chance and it closed the second quarter in ominous and weak fashion. It was the lowest monthly close in more than a year. Silver has performed better but only because it has not declined to the degree Gold has. The one technical positive for the sector is the positive divergence in the miners. They did not make new lows in the second quarter. That is encouraging but only time will tell us how sustainable and significant that might be.
Thursday, July 12, 2018
Gold Breaking Below This Point Could Be Fatal / Commodities / Gold and Silver 2018
By: Harry_Dent
Shortly after gold fell to $1,046 in December 2015, I called for a bear market rally that ranged from $1,375 to $1,428.That low mark of $1,375 has been tested three times since without being able to break above.
That’s not a good sign…
Gold has been steadily down since the third test on April 11th.
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Thursday, July 12, 2018
One Drawback to the US Real Estate Bubble / Housing-Market / US Housing
By: Harry_Dent
I’ve been ranting for weeks now about it… People don’t understand that sky-high home prices are bad for countries, cities, businesses, and consumers.And only the 62% of people who already own homes are feeling the “bliss” of the bubble. They’re the ones who want prices to keep going up so they get something for next to nothing…
There’s another side effect of this housing bubble. We’ve seen it in the bubbliest areas for years…
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Thursday, July 12, 2018
Live Cattle Commodity Trading Analysis / Commodities / Livestock
By: Austin_Galt
Pattern – a downtrend is clearly in process while the action since 2017 looks corrective in nature. I believe this corrective phase still has a little more time left before the downtrend resumes.
Bollinger Bands – price has been finding resistance from the middle band but I favour price to overcome it shortly and head up to the upper band where the next lower high can form.
Thursday, July 12, 2018
Gold’s & Silver’s Reversals’ Reversal / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
In yesterday’s analysis, we discussed how meaningful gold and silver’s pre-market decline was given a relatively small move in the USD Index. The implications were quite bearish for the PM market, especially that we had just seen a target being reached in gold stocks. And because mining stocks had just underperformed gold for the first time in weeks. Yet, before the day was over, the USD, gold and silver had all reversed and erased most of their daily moves. Does it make the outlook bullish again? Is gold still likely to reach $1,300 shortly?
No. The USD Index indeed reversed its course, but the precious metals’ initial reaction shows how vulnerable they are with regard to the rallies in the USD Index. This is not the kind of reaction that one wants to see when keeping a long position. It’s the one that is preferred while holding a short one.
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