Thursday, October 05, 2017
Why is Gold Demand Weak? / Commodities / Gold and Silver 2017
Jeff Clark : I gave a presentation to some corporate board members recently, and they had one primary question on their mind. Why is overall gold demand weak?
These are smart people. They’re successful, both professionally and with their investments. They even believe in owning a little gold. But they’ve been puzzled by the significant drop in demand for physical metal. They had some ideas, which were mostly right, but their main concern was if they were overlooking some critical factor that was making other investors ignore gold.
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Thursday, October 05, 2017
How to Fund a Universal Basic Income Without Increasing Taxes or Inflation / Politics / Social Issues
Studies have shown that it would actually be cheaper to distribute funds to the entire population than to run the welfare services governments engage in now.
The policy of guaranteeing every citizen a universal basic income is gaining support around the world, as automation increasingly makes jobs obsolete. But can it be funded without raising taxes or triggering hyperinflation? In a panel I was on at the NexusEarth cryptocurrency conference in Aspen September 21-23rd, most participants said no. This is my rebuttal.
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Thursday, October 05, 2017
Capital Destruction in Precious Metals and Banking / Commodities / Gold and Silver 2017
Precious metals expert Michael Ballanger discusses capital destruction in precious metals and banking.So there you have it. A clear breakout to all-time highs confirmed by every measure everywhere with momentum charging ahead and high-fives and champagne corks flying about with reckless abandon and serial glee. To quote Chuck Prince, who left Citigroup in 2007 with an exit bonus of around $12.5 million, $68 million in stock and options, $1.7 million pension, an office, a car and a driver for five years during which time Citigroup shed $64 BILLION in valuation, "As long as the music is playing, you've got to get up and dance." So when John Paulson's pit bull Marcelo Kim got up at the Denver Gold Show and assailed the gold mining executives for $85 billion in wealth destruction since 2010, perhaps it might have been instructive to remind him that one executive alone in the banking business (Prince) blew 75% of that on his own.
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Thursday, October 05, 2017
Gold is up this year not just in Dollars but in Every Major Currency / Commodities / Gold and Silver 2017
“Even those of us who have been tracking gold’s progress for decades frequently give in to the ease of quoting gold’s value in terms of fiat currency – most commonly in US dollars. And yet, we have it the wrong way round. Gold is in fact the centre of the economic universe, and all the fiat currencies (including cryptocurrencies) revolve around gold.” – Jeff Thomas, InternationalMan.com
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Thursday, October 05, 2017
Can Stock Market Mood Analysis Also Predict Social Turbulence? / Stock-Markets / Stock Market 2017
Many of you have noted through the years that you simply do not understand how our analysis methodology works. Yes, it can be more complex than most other forms of analysis, but it is also often more reliable and accurate in identifying targets and trends. As an example, where we have used it at the end of 2015 to call for a drop in the market from the 2100 region down to the 1800 region, to set up a rally to the 2500 region. Yet, many still view it as a form of “voodoo.”
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Thursday, October 05, 2017
Here's Why the Time to Worry About the Stock Market "Fear Index" is NOW, Not Later / Stock-Markets / Stock Market 2017
Here's Why the Time to Worry About the "Fear Index" is NOW, Not Later
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Thursday, October 05, 2017
Few Investors Understand The Difference Between A Good And A Bad ETF / Companies / Exchange Traded Funds
BY JARED DILLIAN : There are now about 2,000 ETFs on the market. Many of them are useless.
Some people think we are in an ETF bubble, because of all the stupid ETFs that are coming out. When a fund like WSKY (Spirited Funds/ETFMG Whiskey and Spirits ETF) appears on the scene, it’s safe to assume that the top is probably in.
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Thursday, October 05, 2017
The Pension Storm Is Coming To Europe—It May Be The End Of Europe As We Know It / Politics / Social Issues
I’ve written a lot about US public pension funds lately. Many of them are underfunded and will never be able to pay workers the promised benefits—at least without dumping a huge and unwelcome bill on taxpayers.
And since taxpayers are generally voters, it’s not at all clear they will pay that bill.
Readers outside the US might have felt safe reading those stories. There go those Americans again… However, if you live outside the US, your country may be more like ours than you think.
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Wednesday, October 04, 2017
Tax Reform: Implications for Gold / Commodities / Gold and Silver 2017
Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me explain.
If you were to analyze the impact of any tax changes on any asset, you have two sets of dynamics to consider: those of the tax reform and those of the asset. What makes the comparison to gold unique is that gold is, if I may call it such, the purest of all assets because it doesn’t change. It is the world around it that changes.
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Wednesday, October 04, 2017
Will GBP/USD Decline under 1.3200 in Coming Week? / Currencies / British Pound
Yesterday, the greenback moved sharply higher against the British pound, which approached GBP/USD to the previously-broken August peaks. Will this support manage to stop currency bears in the coming days?
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Wednesday, October 04, 2017
Safe Haven Silver To Outperform Gold In Q4 And In 2018 / Commodities / Gold and Silver 2017
– Safe haven silver to outperform gold in Q4 and 2018
– “Expect silver to eventually outperform gold” say Metals Focus
– 2017 YTD, silver has underperformed gold, climbing by 5% versus 11%
– Silver undervalued versus gold and especially stocks, bonds and many property markets
– Will follow gold’s reactions to macroeconomic & geopolitical factors and should outperform gold
– Special report on India shows it accounts for just 16% of global silver demand
– Silver a “safe haven at times during which gold failed to be” according to academic research
Wednesday, October 04, 2017
The Next Big Offshore Oil Boom Is About To Happen Here / Commodities / Oil Companies
Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil.
On Wednesday, the country’s National Petroleum Agency put 287 oil and gas blocks up for auction, and only 37 found buyers. Too few, it might seem at first. But the proceeds came in at more than US$1.2 billion—a hefty share of this pledged by heavyweight Exxon. The NPA’s expectations for the proceeds were much more modest, at $157 million.
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Wednesday, October 04, 2017
Did You See the 30% Rise in This Major Global Stock Index? (Video) / Stock-Markets / Stock Market 2017
Did You See the 30% Rise in This Major Global Stock Index?
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Wednesday, October 04, 2017
U.S. Mint Gold Bullion Coin Sales Dive as Buyers Take Advantage of Secondary Market / Commodities / Gold and Silver 2017
The U.S. Mint is on track for the lowest sales of American Eagle coins in almost a decade. The 2008 financial crisis began a historic ramp up in sales that lasted for years. 20,583,000 silver American Eagles sold that year, more than double the 2007 total of 9,028,036 coins.
In all but one year thereafter the Mint set a new record. Sales peaked in 2015 at 47,000,000 Silver Eagle coins – 5 times the number sold before the world discovered just how rickety the global financial system actually is.
Wednesday, October 04, 2017
Tools for Doing Successful Real Estate Marketing / Housing-Market / US Housing
Today you have all kinds of tools you can use for doing good marketing of real estate. Besides the traditional billboards and signs, there are also plenty of other tools that have been very successful if you want to sell property fast. Online marketing is essential of course, but offline real estate marketing should never be neglected. The following are some tools that should help you make successful real estate marketing.Read full article... Read full article...
Wednesday, October 04, 2017
Plan for Run On The British Pound / Currencies / British Pound
Run On The Pound ? Jeremy Corbyn Says Should Plan For
– Right to plan for ‘run on pound’ if Labour wins says Corbyn and Labour party
– British pound already down 20% since Brexit, collapse already in play
– Run on the pound likely due to Labour’s ‘command economy’ approach
– Collapse in Sterling would undermine UK financial system
– Portfolios holding sterling and related assets would be significantly affected
– Pension funds and property the most likely to get hit by run on the pound
– Gold to benefit as sterling collapse picks up pace
Editor: Mark O’Byrne
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Tuesday, October 03, 2017
Will North Korea Boost Gold Prices? Part2 / Commodities / Gold and Silver 2017
The turn of 2012 to 2013 was a time of escalated tensions between North Korean and the U.S, comparable to recent strains. Hence, the analysis of that period should be valuable for gold investors curious whether (and how) the latest crisis on Korean Peninsula would affect the precious metals market. On December 12, 2012, North Korea successfully launched a long-range rocket, testing a banned ballistic missile and raising nuclear stakes. In response, the U.N. Security Council approved the broadening of sanctions. But North Korea ignored them and on February 12, 2013 it undertook an underground nuclear bomb test. As the test triggered another, even harsher sanctions, North Korea threatened the U.S. with a preemptive nuclear strike on March 7. On March 30, North Korea declared a “state of war” against South Korea, and Kim Jong-un said that “rockets were ready to be fired at American bases in the Pacific.” On April 2, the North Korean military declared that the war could break out “today or tomorrow”. Tensions remained elevated until May, but they did not boost gold prices. Actually, in April there was a historic slide, as the next chart shows. Hence, if history is any guide, the fresh unease about North Korea will not provide any sustained support for the gold prices.
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Tuesday, October 03, 2017
GBPUSD Failed To Break Above Long Term Bearish Trend Line / Currencies / British Pound
GBPUSD failed in its attempt to breakout of the long term resistance trend line from 1.7190 to 1.5016 on the weekly chart and pulled back from 1.3657, suggesting that a short term top had been formed.
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Tuesday, October 03, 2017
Will Crude Oil Drop under $50 in Coming Week? / Commodities / Crude Oil
Although the price of black gold increased a bit on Friday, the commodity closed the whole week below important resistance lines and invalidated earlier breakouts. What does it mean for crude oil?
Crude Oil’s Technical Picture
Let’s take a closer look at the charts below and find out (charts courtesy of http://stockcharts.com).
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Tuesday, October 03, 2017
Gaming Operators Take Notice of Bitcoin Trend / Companies / Gambling
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