Wednesday, November 29, 2017

Gold Fundamentals Are Not Bullish Yet / Commodities / Gold and Silver 2017

By: Jordan_Roy_Byrne

Too many technical analysts dismiss fundamentals. True, technicals usually lead fundamentals but understanding the fundamental drivers (when it comes to Gold) can give you an edge. Gold and gold stocks have remained below their 2016 peaks even in the face of a very weak US Dollar because the fundamentals are not there. Real rates have been stable in 2017 while the yield curve has been flattening. Until things change, Gold and gold stocks have little chance to breakout.  

Wednesday, November 29, 2017

Quotes, Gloats, and Anecdotes from the Silver & Gold Summit / Commodities / Gold and Silver 2017

By: GoldSilver

Jeff Clark : I attended the Silver & Gold Summit in San Francisco November 20 and 21. It was great connecting with the many people I know in the industry, but I will tell you that a) attendance was low, and b) crypto promoters were out in force. It turned out to be more of a gold and crypto conference than anything else. Some of the more lively sessions were the gold vs. crypto debates, and one company offered “free bitcoin!” if you opened an account with them.

Wednesday, November 29, 2017

SPX in Throw-over / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

SPX made a throw-over of its Ending Diagonal formation starting on February 12, 2016. A reversal back inside the Diagonal tells us the rally is over. All indices participated in this rally, which suggests this may be the final blow-off. The initial decline [Wave (1)] will usually go to the Daily Cycle Bottom at 2306.25. It is due during the week of 12-11. A very likely scenario may be an 8.6 day decline ending on mid-day December 11.

Wednesday, November 29, 2017

... / Stock-Markets / Reviews

By: Submissions

Wednesday, November 29, 2017

How to Forecast the Stock Market… from a Desert Island / Stock-Markets / Stock Market 2017

By: EWI

"Sometimes a [price] pattern will clear up on a particular day and you must act…"

Wednesday, November 29, 2017

The Oil Information Cartel Is (Finally) Broken / Commodities / Crude Oil

By: OilPrice_Com

By Keith Schaefer : The below article was written by Keith Schaefer of Oil and Gas Investments Bulletin

A determined James Stafford of OilPrice.com just busted wide open an oil industry information cartel that has existed for decades.

Most investors look at WTI and Brent prices at Bloomberg or CME Futures, and figure the oil price is in the public domain.  You would be about 2 percent correct, because there are hundreds of different grades of oil, and hubs where it is bought and sold.  And they all have different prices.

Wednesday, November 29, 2017

Gold's Global Supply Artery: Heading for Cardiac Arrest / Commodities / Gold and Silver 2017

By: MoneyMetals

By David Smith: An oceanic-scale demand push from "all parts Far East" is building, as the desire to own gold and silver promises to place an increasingly solid foundation for years to come.

China, India, and Southeast Asia have historically accumulated precious metal as a savings vehicle, a hedge against political uncertainty (e.g. India's surprise call-in last year of 80% of the country's paper currency), and as an expression of affection. China's newly-emerging affluent middle class alone is set to become larger than the population of the U.S. Frank Holmes collectively refers to these elements as "love and fear trades".

Wednesday, November 29, 2017

There’s No Silver Deficit, and Hasn’t Been One For 10 Years / Commodities / Gold and Silver 2017

By: David_Morgan

The ongoing debate in the industry is whether or not there is a surplus or a deficit of silver supply. However, to silver expert David Morgan of The Morgan Report, there hasn’t been a deficit in at least a decade. “In the past, we were in a deficit, from 1990 to 2006. From 2006 until now, we’ve been in a surplus,” he told Kitco News at the Silver & Gold Summit in San Francisco. “We are not and have not been in a silver deficit for the last 10 years.” However, Morgan remains optimistic that silver prices can move higher. “We have a good base here, we’re at the launch point in next 3-6 months,” he said. “2018 is going to be a good year for silver.”

Wednesday, November 29, 2017

Nabru Sofa Condition After 3 and 5 Years of Use Long Term Review / ConsumerWatch / Reviews

By: HGR

It's now 5 full years since we bought and assembled a large 7 seater corner Nabru sofa, so find out what to expect condition wise after relatively light use, i.e. what are the Nabru sofa's strength and weaknesses after a number of years as we compare the condition at the 3 and 5 year marks.

Tuesday, November 28, 2017

Labour Sheffield City Council's War on Street Tree Protestors - Day 2 / Local / Sheffield

By: N_Walayat

Monday witnessed a ramping up of Sheffield City Council's 'streets ahead' PFI contractor Amey's attempts to fell Sheffield's largest street trees as it appears dozens of private security personnel were deployed along side felling crews to ensure that any attempts at the preventing felling of street trees were met with a security response. The catalyst for Monday's change of tack by the city council's contractor Amey appears to be the looming deadline contained within the PFI contract to fell 6,000 of Sheffield's big street trees by the end of 2017 (out of an estimated total of 36,000).

Tuesday, November 28, 2017

Inflation Target, Taylor Rule and Gold / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

The central banks’ inability to achieve their inflation targets led some analysts to argue for modifying these targets. Are they inappropriate in a modern, globalized economy? Should central banks change them? Or should they conduct a more rule-based policy, as John Taylor argues? How would such moves affect the gold market?

As a reminder, the Fed (as well as other major central banks) targets 2-percent inflation. It may seem to be strange, as such a level is far away from the price stability (which, taken literally, means neither inflation nor deflation), which the central banks should are obliged to ensure. However, deflation is a central banks’ worst nightmare, so they want to have some buffer in case of negative demand shock. With the inflation target at zero, the margin of error would be very limited. But central banks have been missing their targets for years – should they change them?

Tuesday, November 28, 2017

The $76 Trillion Bond Market Is Forecasting Inflation. Are You Ready? / Interest-Rates / Inflation

By: Graham_Summers

This year, (2017) was the year that the financial system moved from fearing deflation to expecting inflation.

You can see this in the breakout in inflation expectations. From 2013 until mid-2016, the financial system’s expectations of future inflation were in a downtrend. Mid-2016 this changed as expectations began to rise, breaking this downtrend in early 2017.

Tuesday, November 28, 2017

Why a Corporate Tax Cut Won’t Boost Economic Growth / Economics / Economic Theory

By: John_Mauldin

BY PATRICK WATSON : The House and Senate are considering tax legislation that will add $1.5 trillion to annual deficits over the next 10 years, according to their own numbers.

This is okay, we're told, because the tax cuts will stoke economic growth, delivering added tax revenue that offsets the rate reductions.

Note the bigger point here.

Tuesday, November 28, 2017

The Fed Is at the Height of Monetary Policy Lunacy / Interest-Rates / US Federal Reserve Bank

By: John_Mauldin

How often do central bankers, regulators, corporate leaders, lawyers, politicians, and ordinary investors make the same mistakes over and over again? All the time.

If we stopped erasing our memories and for once learned from our mistakes, we might make better progress. But no, we must always step on the same rake.

Tuesday, November 28, 2017

Tech Breakthrough Could Transform The Oil Sector / Commodities / Crude Oil

By: OilPrice_Com

Tuesday, November 28, 2017

Bitcoin $10,000 – Huge Volatility of Cryptocurrencies and Risky Fiat Making Gold Attractive / Currencies / Bitcoin

By: GoldCore

– Bitcoin tops $10,000, soaring more than 850% since beginning of 2017
– Irrational exuberance arguably main driver of price performance
– Google Trends shows search for ‘Bitcoin Bubble’ hit highest level this morning
– Buyers need to be aware of hacking and security risks
– Other primary risks to widespread adoption is volatility and liquidity risk
– World’s largest online trading platform IG Markets suspends BTC trading
– Volatility of cryptocurrencies and risky world of fiat make gold attractive

Tuesday, November 28, 2017

Retail Industry Index Providing The Next Stocks Long / Companies / Retail Sector

By: ElliottWave-Forecast

The S&P Retail Industry Index comprises stocks in the S&P Total Market Index that are classified in the GICS retail sub-industry. For this article we’ll be using The SPDR S&P Retail ETF (XRT) which tracks an equal-weighted index of stocks in the US retail industry and correspond generally to the total return performance of the S&P Retail Select Industry Index.

The performance of XRT is significantly correlated to the prevailing level of consumer confidence in the economy because the ETF represent the companies whose main business is selling retail merchandise to consumers like WalMart , Groupon, American Eagle, ect.

Tuesday, November 28, 2017

‘Implosive’ Silver Vulnerable To Big Price Drop / Commodities / Gold and Silver 2017

By: Kelsey_Williams

Admittedly, it must sound encouraging, and even exciting, to hear proclamations that a “silver” lining is now apparent in the metals complex. Or that a silver “blast-off (is) about to happen”.

Expectations abound for the long-expected, vertical leap in silver prices that never seems to come. And we are told it is supported by solid fundamentals that include supply deficits, a return to the 16 to 1 gold/silver ratio, increasing monetary demand for silver, etc.However, an examination of those fundamentals reveals a different picture. And that picture is inconsistent with the call for higher prices.

Tuesday, November 28, 2017

Sheffield City Council Deploys Private Security Against Street Tree Fellings Protestors / Local / Sheffield

By: N_Walayat

Sheffield City Council's contractor Amey appears to have upped the anti in the council / Amey's long running dispute with thousands of residents opposed to the felling of thousands of 'healthy' street trees, as this week saw the deployment of private security patrols operating more aggressively than has been seen in the past in support of Amey's felling crews as they roam Sheffield's streets attempting to fell large trees before the end of this year.

Monday, November 27, 2017

How to Know When a Stocks Bull Market Is About to End – Part I / Stock-Markets / Stock Market 2017

By: Chris_Vermeulen

Knowing when a bull market is about to end is critical for both traders and investors. Why? Because once a bull market ends the price movement characteristics of stocks and indexes change dramatically and require different strategies to be used in order to profit from falling prices and increased volatility.

Over the next couple of weeks, we will be expanding on this topic to add several more parts because there are some really exciting things you should know as we move towards 2018.

So, let’s kick things off with the first few data points that tell us that the bull market is about to end.