Thursday, December 07, 2017
B&M Stores Cheap Products Review - £4 Wooden Shoe Rack / ConsumerWatch / Shopping
BM Stores tops the list of where to shop for a bargai with its low cost products that tend to be significnalty cheaper than similar producuts at the more traditional retailers. So in this video we take a look at a typical low cost product, a self assembly wooden shoe rack that costs just £4! See whether we grabbed ourselves a bargain or if it proved to be a false economy.
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Wednesday, December 06, 2017
Nvidia NVDA Correction is Around the Corner / Companies / Company Chart Analysis
The American semiconductors company Nvidia (NASDAQ: NVDA) is specialized is designing graphics processing units (GPUs) for the gaming, cryptocurrency, and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market.
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Wednesday, December 06, 2017
British Pound Sterling Volatility In Crucial Week of Brexit Talk / Currencies / British Pound
Sterling fell versus the dollar earlier this week as Brexit talk between the UK and EU falter at the last minute. British Prime Minister Theresa May is on the race to break the deadlock on the issue of Irish border. Irish border is one of the three key issues required to be settled before the U.K can move on to the next stage of Brexit talk. The next phase of talk involves trade negotiation at the crucial EU summit on December 14.
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Wednesday, December 06, 2017
An "Unprestigious" Preview of Debt Deflation / Economics / Deflation
An "Unprestigious" Preview of Debt Deflation
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Wednesday, December 06, 2017
Gold and Bond Yields / Commodities / Gold and Silver 2017
As the U.S. economy continues to expand, the response by the FOMC is to slowly raise interest rates in attempt to extend the business cycle as long as possible.
This action of ratcheting-up short-term rates is positive for bond yields.
After steadily declining since 2008, the U.S. 10-year Treasury Bond yields have found a floor in 2012 and 2016 at 1.50 percent.
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Wednesday, December 06, 2017
More Strange And Disturbing Action In The Paper Gold Market / Commodities / Gold and Silver 2017
For at least the past decade the behavior of the people who trade gold futures contracts – and thereby determine the metal’s price – has been generally predictable: The “commercials” – big banks and companies that buy gold to do things with it – have suckered the speculators – mostly hedge funds who chase trends – into going very long and very short at exactly the wrong time.
Which means the price action in gold six or so months in the future was broadly predictable. When the speculators were way long, it was going down and vice versa.
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Wednesday, December 06, 2017
Day Trading vs Swing Trading: Which One is the Better Strategy? / InvestorEducation / Learn to Trade
Which is the most appropriate trading strategy to earn a living? Well, that depends. First of all, different markets demand different strategies. That said, it narrows down to your style, personality and circumstances; but it takes more than just that to find a strategy that best suits you.
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Wednesday, December 06, 2017
Germany’s Grand Coalition Is Collapsing / Politics / Germany
BY GEORGE FRIEDMAN : Germany has the fourth-largest economy in the world and the largest in Europe.
This country has been the stable center of the European system for decades. Amid social and political tensions that have torn the European Union since 2008, Germany has been the solid rock on which Europe has rested.
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Wednesday, December 06, 2017
When Will Quiet Precious Metals Markets Get the Catalyst They Need / Commodities / Gold and Silver 2017
Fear and greed drive the precious metals markets, but there hasn’t been much of either pushing gold and silver prices lately. Investors have grown tired of worrying about geopolitical events, ever increasing federal debt ceilings and ever inflating equity bubbles.
Meanwhile, greedy trend traders continue piling in to hot markets.
With the exception of palladium, metals prices have been stagnant for most of the year. For the time being, gold and silver are looking pretty boring relative to the hefty gains in stock prices and the explosive rise in Bitcoin.
Wednesday, December 06, 2017
Crude Oil and Negative Divergences / Commodities / Crude Oil
On Friday, crude oil increased and approached the November peak, but did this increase change anything in the broader perspective? Is it possible that the non-USD chart of crude oil give us more clues about black gold future moves?
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Wednesday, December 06, 2017
EU Bailins Coming – 114 Italian Banks Have NP Loans Exceeding Tangible Assets / Stock-Markets / Financial Crisis 2017
– Italy opposes ECB proposal that holds banks to firm deadlines for writing down bad loans
– Italy’s banks weighed down under €318bn of bad loans
– New ECB rules could ‘derail’ any recovery in Italy’s financial system
– Draft proposal requires banks to provision fully for loans that turn sour from 2018
– ECB insists banks have better access to collateral on delinquent debt to solve problem
– Investors should secure assets as proposal suggests more bailins on horizon and banks remain at risk
Wednesday, December 06, 2017
How to Top Up Your Vauxhall Zafira's Brake / Clutch Fluid Reservoir / Personal_Finance / Money Saving
If when driving your Zafira the brake symbol starts coming on and off randomly on the dashboard, then that's a warning that your brake / clutch fluid may need topping up, as the brake symbol light should only come on when the hand brake is on. When driving there should be no warning symbol appearing. So even if your car appears to be driving perfectly well, you should never ignore the brake / clutch light symbol i.e. if ignored your brakes may fail!
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Tuesday, December 05, 2017
Bitcoin Doesn’t Exist / Currencies / Bitcoin
A while ago, I asked a regular commenter at the Automatic Earth, who goes by the moniker Dr. D, to try and write an article for us. Not long after, I received no less than 31 pages, and an even 12345 words. Way too long for today’s digital attention spans. We decided to split it into 5 chapters. After we work through those 5, we’ll post it as one piece as well. Dr. D, who insists on sticking with his nom de plume, picked his own topic, and it’s -fittingly- bitcoin. A topic about which one can cover a lot of ground in 12345 words.
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Tuesday, December 05, 2017
Big Banks Finally Raise Savings Interest Rates, But was it worth the wait? / Personal_Finance / Savings Accounts
As we enter the festive month of December, savers will finally see some positive change in the variable savings market as many of the biggest brands have decided to increase their savings rates, but has the wait been worth it?
While many may assume it’s worth celebrating, the latest research from moneyfacts.co.uk can reveal that not all savers will be delighted, as some of the more popular deals have not had the full 0.25% Bank of England rate rise passed on. In fact, the average easy access rate has risen by a pitiful 0.07% in the last month, from 0.39% to 0.46%, and even those banks that do offer the full 0.25% rise can still be easily beaten by alternative brands, as challenger banks continue to dominate the Best Buys.
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Tuesday, December 05, 2017
Are We Ready For A Gold And Silver Rally? / Commodities / Gold and Silver 2017
Many of you who follow my analysis have learned quite well how I look at the market. And, those of you who have read me in the past know that I do not view fundamentals as being relevant to determining when we can see a major turn in the metals market.
In fact, in 2011, the fundamentals for the metals market were exceptionally strong, with most everyone believing in the certainty of gold exceeding the $2,000 mark, just before we began a multi-year pullback.
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Tuesday, December 05, 2017
Advantages of Car Insurance to Protect a Vehicle / Personal_Finance / Insurance
Car insurance is important by law because it is illegal to drive your vehicle around in numerous countries. If your country doesn't need a car insurance, you still should have this to protect your vehicle. cheap car insurance companies allow you to protect you from financial damages related to car accidents. Vehicle insurance will help you to get a loan from a bank. A complete insurance offers protection against vehicle damage caused by accident on the road or any incident unrelated to the road. Insurance will cover you from different incidents, such as third-party cover, legal liability, theft and injuries of the third party. There are a few benefits of cheap car insurance:
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Tuesday, December 05, 2017
Central Banks Won’t See Our Sympathy / Interest-Rates / Central Banks
It’s official. Lending institutions are having a tough time making loans.Don’t get me wrong, they still make money the old fashioned way: by borrowing from us through deposits on which they pay almost no interest, and then lending it long term to anyone that qualifies. But they’ve had to jack up their other fees because the traditional business plan just isn’t cutting it.
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Tuesday, December 05, 2017
How High Will Gold Go? / Commodities / Gold and Silver 2017
No. I’m not flip-flopping!As I told subscribers to our Boom & Bust monthly newsletter in November, I stand by my forecast that gold must still lose about 65% of its current value before we hit the bottom of this latest commodity cycle, around 2020 or 2023. And when the markets unravel, as they must, gold will tumble, just like it did in 2008. It’s NOT a safe haven in a deflationary environment, like it is in an inflationary one!
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Tuesday, December 05, 2017
The Loonie Takes Flight -- BUT a "Labor Miracle" is NOT the Reason Why / Currencies / Canadian $
One day before the jobs numbers went viral, Elliott wave analysis already called for a USDCAD decline
Friday December 1 was a lucky break for loonie bulls. That day, the government agency Statistics Canada revealed the nation's economy added 79,500 new jobs in November, "blowing past" the 10,000 that economists expected. As one major news source described it:
"Canadian dollar posted its biggest gain in nearly three months against its U.S. counterpart on Friday after a stronger-than-expected domestic jobs data fueled expectations for further Bank of Canada interest rate hikes early next year..."
"The labor miracle in Canada continues." (Dec. 1 Reuters)
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Tuesday, December 05, 2017
Gold and Silver Price Bottom Soon / Commodities / Gold and Silver 2017
Gold and silver are on track to hit a yearly low this December, as they have for the past five years, says Bob Moriarty of 321 Gold, who explains his reasoning and why he welcomes these moves.
Silver and gold have hit a new a low for the year during December in each of the last five years. They are on track for repeating their journey this year if we are to believe sentiment matters. And I do.
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