Tuesday, October 31, 2017

British Pound Could See Declines / Currencies / British Pound

By: Richard_Cox

Market activity in the GBP/USD has shown some interesting trends over the last several quarters and now that the Bank of England has delivered on its expected rate increase it remains to be seen if these moves can still continue.  In most cases, when a central bank decides to raise their lending rates markets will experience an upward surge in the trading value of that currency.  But while we have seen some bullish activity in the British Pound, there is scope for further downside if broader financial volatility increases next week.

Tuesday, October 31, 2017

Fragmenting Countries, Part 1: Catalonia Is Just The Beginning / Politics / European Union

By: John_Rubino

Picture a life where you do most of your shopping through Amazon.com and the local farmers’ market, most of your communicating through Facebook and Instagram, much of your travel via Uber, and much of your saving and transacting with bitcoin, gold and silver.

Do you really need an immense, distant, and rapacious central government? Maybe not. Perhaps your region or ethnic group would be better off forming its own independent country.

Tuesday, October 31, 2017

It’s Time To Challenge What You Think You “Know” About The Stock Market / Stock-Markets / Stock Market 2017

By: Avi_Gilburt

I know I am not the traditional author you come across on most financial sites. Most others will provide you with traditional notions of the stock market based upon rationalities. So, many authors will suggest that we “cannot separate public policy and geopolitics from the markets,” they will focus on “market valuations,” they will claim that “fundamentals do not support this rally,” and will provide you with many, many other reasons as to why they have continually believed that this rally would never happen.

Tuesday, October 31, 2017

Fragile Stock Market Bull in a China Shop / Stock-Markets / Stock Market 2017

By: James_Quinn

“So the modern world may be increasing in technological knowledge, but, paradoxically, it is making things a lot more unpredictable.” – Nassim Nicholas Taleb, Antifragile: Things That Gain From Disorder

“Success brings an asymmetry: you now have a lot more to lose than to gain. You are hence fragile.” – Nassim Nicholas Taleb, Antifragile: Things That Gain From Disorder

I had read Nassim Taleb’s other best-selling tomes about risk, randomness and black swans – Fooled by Randomness & The Black Swan. They were not easy reads, but they were must reads. He is clearly a brilliant thinker, but I like him more because he is a prickly skeptic who scorns and ridicules academics, politicians, and Wall Street scumbags with gusto. There were many passages which baffled me, but so many nuggets of wisdom throughout each book, you couldn’t put them down.

Tuesday, October 31, 2017

Stock Market Bullish Trend Continues / Stock-Markets / Stock Market 2017

By: Andre_Gratian

Current position of the market

SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
 
 Intermediate trend –  Soon coming to an end.

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. 

Sunday, October 29, 2017

Sheffield Leafy Suburbs Tree Felling's Triggering House Prices CRASH! / Housing-Market / Sheffield

By: Nadeem_Walayat

Sheffield City Council's 'Streets Ahead' PFI Contract with the Spanish Ferrovial owned Amey has been busing ripping the green out of England's greenest city England during 2017. As Sheffield's tree lined leafy suburbs that the estate agents so welcoming advertise are increasingly becoming no more. Trees that have taken more than a 100 years to reach their adult splendour have been felled in there thousands leaving behind either voids or a £20 sapling that rarely survives or is prone to falling prey to vandalism, all in exchange for large trees with capital values of between £50k and £150k now permanently gone!

Sunday, October 29, 2017

Uranium URA Intermediate Cycle Update / Commodities / Uranium

By: SurfCity

Friday sure looked like a capitulation day for the Uranium sector and possibly a cycle low is forming but is it just a Trading Cycle Low (TCL/DCL) or perhaps also an Intermediate or Yearly Cycle Low (ICL/YCL) or as well? First, you may wish to review my last update on the sector.

https://surfcity.co/2017/09/21/uranium-ura-energy-cycle/

Six charts below on URA, CCJ and NXE each with two charts. The first for each is a 3 year Weekly showing Intermediate and Yearly Cycle Lows (ICLs & YCLs). These charts make a somewhat compelling case that Friday’s low may well be a longer ICL/YCL but we may also see an undercut low.

Sunday, October 29, 2017

Learn Why Axel Merk Sees Problems Ahead for the US Dollar… / Currencies / US Dollar

By: MoneyMetals

Mike Gleason: It is my privilege now to welcome in Axel Merk, president and chief investment officer of Mark Investments, and author of the book Sustainable Wealth. Axel is a highly sought-after guest at financial conferences and on new outlets throughout the world, and it's great to have him on with us again. Axel, thanks for joining us today.

Axel Merk: Good to be with you.

Sunday, October 29, 2017

Basics about forex trade and the foreign exchange market / Currencies / Forex Trading

By: Kavinesh_A

What is Forex Market?

The foreign exchange market is a vast marketplace where currencies are traded. Currencies and exchanging them with another currency hold prime importance around the world. Be it for travel, education, business or any other purpose, we need to relocate to a different country and need to exchange our currencies to the equivalent amount of local currency. As for example, if you are French on a tour to India, you can’t pay for food or conveyance in euros as they are not accepted. You need to seek help from a broker or an agent who exchanges your euros to the equivalent amount of Indian rupee that you can spend. The same theory is applicable all across the world. So, there are firms who provide a platform to the traders to buy or sell foreign currencies at the current exchange rates.  This is where Forex tirdzniecība comes into existence.

Saturday, October 28, 2017

Markets Big Macro Play Ahead / Interest-Rates / US Interest Rates

By: Gary_Tanashian

At NFTRH, we are about major macro turning points above all else. Of course, it is often years between these turning points or points of significant change so we are also about the here and now, and managing the trends, Old Turkey style.*

Since we are all learning all the time, I have no problem admitting to you that while right and bullish on commodities and stocks in 2009, after becoming bullish on the precious metals in Q4 2008, I completely ignored Old Turkey due to my inner biases. The result has been that after taking excellent profits from the precious metals bull, personally, I have greatly under performed the stock market bull despite holding a bullish analytical view for the majority of the post-2012 period.

Saturday, October 28, 2017

Trading Forex with Elliott Doesn't Have to be Complicated / InvestorEducation / Elliott Wave Theory

By: EWI

Watch a simple lesson on Elliott waves from Chief Currency Strategist Jim Martens

Understanding the Wave principle doesn't have to be hard. In fact, as you'll see in this 5-minute clip, learning from EWI's Chief Currency Strategist Jim Martens can be downright entertaining.

Watch as the 30-year veteran analyst explains how learning to use Elliott waves can be as simple as counting to 5 and knowing your A-B-Cs!

Saturday, October 28, 2017

Fed/ECB Strangle Stocks Bull Market / Stock-Markets / Stock Market 2017

By: Zeal_LLC

This epic central-bank-easing-driven global stock bull is starting to be strangled by the very central banks that fueled it.  This week the European Central Bank made a landmark decision to drastically slash its quantitative easing next year.  That follows the Fed’s new quantitative-tightening campaign just getting underway this month.  With CBs aggressively curtailing easy-money liquidity, this stock bull is in serious trouble.

The US flagship S&P 500 broad-market stock index (SPX) has powered an incredible 280.6% higher over the past 8.6 years, making for the third-largest and second-longest bull market in US history!  The resulting popular euphoria, a strong feeling of happiness and confidence, is extraordinary.  So investors brazenly shrugged off the Fed’s September 20th QT and the ECB’s October 26th QE-tapering announcements.

Saturday, October 28, 2017

How to choose the most reliable forex broker? / Currencies / Forex Trading

By: Kavinesh_A

Who is a forex broker?

A forex broker or a foreign exchange broker is a firm that provides a platform to the traders to buy or sell foreign currencies. The forex broker is not an individual person but an organization backed by banks, financial institutions, hedge funds, investment management firms etc. Their functions are regulated by the central banks or other regulatory authorities to allow traders trade in the forex market. The forex market is a huge market that is not dominated by any single authority but links a huge network of exchanges and brokers in the global platform. The foreign exchange market is the largest financial market that witnesses a huge amount of transactions every day. Traders from across the world participate in the forex market to earn huge money while selling or buying currencies.

Saturday, October 28, 2017

CIA and FBI Prevent Trump Releasing JFK Assassination Smoking Gun Files / Politics / US Politics

By: Nadeem_Walayat

Despite much fanfare and great expectations, President Trump barely released 10% of the files that were supposed to have been released on the JFK assassination after the FBI and CIA arm twisted Trump into withholding the full release of some 28,000 files under the excuse of impacting on National Security, protecting long dead sources, despite the fact that by law ALL of the files should have been released.

Saturday, October 28, 2017

New Smiggle Pencil Cases Shopping Trip Haul / Personal_Finance / Shopping

By: Anika_Walayat

Hi friend's, here's how we shopped for our newest Smiggle pencil case and other super cool stuff that we stuffed it full of.

If only I could have got a diamond ring as well :)

Enjoy.

Friday, October 27, 2017

Bitcoin Might Test All-time High / Currencies / Bitcoin

By: Mike_McAra

Is Bitcoin in bubble territory? Certainly, the price pattern this year looks like an exponential one, at least locally, but there are also opposing views. In an article on CNBC, we read:

[William] Bernstein is a neurologist who began writing about investing in the 1990s, soon becoming a best-selling author and drawing the admiration of legends such as Vanguard's Jack Bogle for his clear and rational analysis. He is best known for books such as "The Intelligent Asset Allocator" and "The Four Pillars of Investing" that show independent investors how to manage their money for the long term. He is currently retired as a doctor, but co-principal at Efficient Frontier Advisors, a money management firm for the very wealthy.

Friday, October 27, 2017

Volatility on Steroids / Politics / Social Issues

By: Raul_I_Meijer

It’s been a while since we last heard from longtime friend of the Automatic Earth Dr. Nelson Lebo III, New Englander living in Wanganui, New Zealand. Nelson has written a fine collection of articles on this site through the years.

Of course I thought, when I first saw this piece in my mailbox, that he would have written about New Zealand’s new prime minister, Labour’s 37-year-young Jacinda Ardern, whose first action in her new job will be to prevent foreigners from buying existing homes in her country. It’ll be interesting to see how she intends to do so while remaining inside the Trans Pacific Partnership -TPP- agreement.

Friday, October 27, 2017

Catalonia Declares Independence, Commits Suicide, New Spanish Civil War Imminent / Politics / Spain

By: Nadeem_Walayat

The Calm Before the Storm -The Spain / Catalonia crisis has continued to worsen with each passing day with growing bitterness as each side has sought to up the anti with the Catalans threatening to declare Independence whilst the Madrid regime threatening direct rule and imprisonment of subversives has today come to a head following the Catalan Parliament voting to unilaterally declare Independence from Spain. This prompted the Spanish parliament in Madrid to vote for direct rule over Catalonia, taking control over the regions police, financial institutions and broadcast media that sows the seeds for new Spanish civil war.

Friday, October 27, 2017

China’s Importance in the Gold Market / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

China has been accumulating a lot of bullion over the past decade. It is also the largest producer of gold in the world and – along with India – one of the biggest consumers of the yellow metal. According to the World Gold Council’s data on the second quarter of 2017, China accounts for about 28.6 percent of the jewelry demand, and for about 26 percent of total bar and coin demand. And China – with its almost 1843 tons of gold – owns the fifth largest gold reserves in the world.

Friday, October 27, 2017

Russia Buys 34 Tonnes Of Gold In September / Commodities / Gold and Silver 2017

By: GoldCore

– Russia adds 1.1 million ounces to reserves in ongoing diversification from USD
– 34 ton addition brings Russia’s Central Bank holdings to 1,779t; 6th highest
– Russia’s gold reserves are at highest point in Putin’s 17-year reign
– Russia’s central bank will buy gold for its reserves on the Moscow Exchange
– Russia recognises gold’s role as independent currency and safe haven