Thursday, August 24, 2017

China's Get the Gold Plan: Part II / Commodities / Gold and Silver 2017

By: MoneyMetals

By David Smith : Money Metals readers may remember my November 2014 report in which I discussed how gold flowed into China in "tributary fashion" like small streams flowing into a giant one. In this case, the gold has been streaming into China's increasingly massive thousands-of-tons gold hoard.

In January, 2015, I penned an essay titled "China's Global Gold Supply "Game of Stones" outlining China's long-range goal to dominate the world's physical gold market.

Thursday, August 24, 2017

Urgent: “Double Play” Energy Profit Scenario Is Now Rapidly Unfolding / Commodities / Lithium

By: WallStreetNation

Thursday, August 24, 2017

GCSE Exam Results 2017, Silverdale School, Sheffield - Adnaan's Story / Politics / Education

By: N_Walayat

It's GCSE results day today, so 16 year olds across England and Wales will have been busy popping down to their secondary schools to find out if they managed to get their requisite GCSE grades for the courses they intend enrolling on for September start.

Overall minimum pass grades awarded of C/4 are marginally down on last year by 0.6% to 72%. Whilst a C is a pass, given the competition to get accepted on courses then the ultimate objectives are to achieve the A* and 9 grades for selected subjects. So if a student is choosing to enrol on 3 A-levels in September than objective would be to achieve 3 A*'s in those 3 chosen subjects as a sign of having the capability in achieving a similar grade at A level.

Wednesday, August 23, 2017

These 2 Charts Reinforce My Belief That We’ll Face A Recession In 12–18 Months / Economics / Recession 2018

By: John_Mauldin

Stock valuations are the discounted values of future earnings. Future earnings depend on future revenue, which may diminish whenever the future includes a recession. So, broad economic conditions are a big factor to watch in stock valuation.

Broad economic conditions depend ultimately on the consumer’s ability and willingness to spend money. And July’s retail sales report gave us a peek at that.

Wednesday, August 23, 2017

Global Financial Crisis 10 Years On: Gold Rises 100% from $650 to $1,300 / Commodities / Gold and Silver 2017

By: GoldCore

– Gold up over 100% in major currencies since financial crisis
– Gold up 100% in dollars, 124% in euros and surged 200% in sterling 
– Gold has outperformed equity, bonds and most assets
– Gold remains an important safe-haven in long term

Wednesday, August 23, 2017

GBPUSD Moved Below Major Trend Line / Currencies / British Pound

By: Franco_Shao

GBPUSD Broke below a major bullish trend line from 1.2109 to 1.2589 on its daily chart. Further decline would likely be ween over the next several days.

Wednesday, August 23, 2017

GBP/USD Extends Losses / Currencies / British Pound

By: Nadia_Simmons

Earlier today, the British pound extended losses against the greenback, which pushed GBP/USD to a fresh multi-month low. How low could the exchange rate go in the coming days?

Wednesday, August 23, 2017

British Pound Rallies Higher Against US Dollar / Currencies / British Pound

By: Richard_Cox

Currency markets are starting to shake the summer doldrums that are typically characterized by weak trading volumes and low price volatility, and one of the primary beneficiaries has been the British Pound (GBP).  Markets are still being forced to deal with the potential implications that could unfold after the next round of Brexit negotiations but the broader global interest rate story still seems to be setting the tone for the currency relative to the US Dollar.  When viewing the forex markets in terms of the GBP/USD, bullish trends look much more pronounced and investors are wondering about whether or not it is time to establish larger positions in the cable.

Wednesday, August 23, 2017

Donald Trump Terrorist in Chief, “We Aren’t Nation-Building Again, We Are Killing Terrorists” / Politics / US Politics

By: Jeff_Berwick

Fear not, Donald Trump is just trying to rid the world of those pesky terrorists. But, wait a minute, if he’s using violence to annihilate the “terrorism” the US government created with the help of the CIA, Mossad, and Saudi Arabia, then who really are the terrorists?

That was a rhetorical question; we already know that all wars are a complete racket and that the major aim of all this violence is to continue to destabilize the middle eastern countries and continue to prop up the military industrial complex. Oh, and guard the poppy fields of course.

Wednesday, August 23, 2017

Do Not Feed The Stock Market Bears - Until 2018 / Stock-Markets / Stock Market 2017

By: Avi_Gilburt

Back on July 15th, the title to my weekend update to members of my market analysis service was “Market Will Likely Top Within The Next Three Weeks.” My initial target region for this top was between 2487-2500SPX. One of the factors I considered in my timing for this potential top was Luke Miller’s Bayesian Timing model, which was looking for a top to our wave (3) on August 9th. And, as we know, the market topped on August 8th at 2491SPX, and we seem to have begun the multi-month pullback/consolidation we have been expecting.

Wednesday, August 23, 2017

USDJPY Recoil Rally On The Cards / Currencies / Japanese Yen

By: Enda_Glynn

My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: N/A. USD: New Home Sales, Crude Oil Inventories.

Wednesday, August 23, 2017

Stock Market SPX at its 61.8% Fib Retracement / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

SPX exceeded its 50-day Moving Average, but is very close to its 61.8% Fibonacci retracement at 2453.08. This is yet another “sell the rally” opportunity.

Tomorrow appears to be our expected turn date, according to the Cycles Model.

Wednesday, August 23, 2017

How Planned Fed Rate Increases Impact The National Debt & Deficits / Interest-Rates / US Debt

By: Dan_Amerman

The United States national debt is currently about $20 trillion, and the federal government is paying some of the lowest interest rates in history on that debt. The Federal Reserve has raised interest rates four times now, and is publicly considering another five increases, for a total increase of roughly 2.25%.

What will be the impact on the national debt and deficits if the interest payments on the debt jump upwards because of the actions of the Fed?

Wednesday, August 23, 2017

Bitcoin Price Stalls / Currencies / Bitcoin

By: Mike_McAra

The fact that Bitcoin has recently hit an all-time high has already fueled wild speculation in the market and we are now seeing increased interest in the currency. The mainstream media are now full of articles  on the meteoric rise of Bitcoin, Bitcoin Cash, Ethereum and the prospects of cryptocurrencies. In an article on Bloomberg, we read:

It seems like everyone is coming up with a price forecast these days, with some of the biggest banks including Goldman Sachs Group Inc. jumping into the action, while speculators to long-time investors are also making their bets.

The consensus is that the biggest cryptocurrency will face some resistance around $4,500 to $4,800 and correct, to then continue rallying. How high? Pantera Capital Management’s Paul Veradittakit, Tom Lee at Fundstrat Global Advisors and John Spallanzani at GFI Group Inc. see it going to $6,000 by year-end, while Ronnie Moas at Standpoint Research says it will keep rising to $7,500 in 2018.

Wednesday, August 23, 2017

The 3 Assets to Add to Your Stocks Portfolio in This Rate Tightening Cycle / Companies / Investing 2017

By: John_Mauldin

BY STEPHEN MCBRIDE : I’m surprised how things can turn upside down in a year, even twice.

Exactly a year ago, in the wake of Brexit, the US 10-Year Treasury rate fell to an all-time low of 1.36%. At that point, bond yields—which move inversely to their price—had been declining for eight years with no end in sight.

Then Trump won the US election; another unexpected twist. An uptick in inflation and a series of rate hikes followed shortly afterward, and the 10-year yield has risen 67% from its lows.

Wednesday, August 23, 2017

Half Price UK Theme Parks Entry 2017 With Cheap Chocolate Packs / Personal_Finance / Holidays

By: Anika_Walayat

With a couple of weeks to go and the Bank Holiday next week, then there is still plenty of time for a trip to one of Britain's best theme parks and attractions such as Alton Towers, Thorpe Park, Chessington World of Adventure, Legoland, Shreks Adventure, Sea Life, Madam Tussaud's, Warwick Castle and the Dungeon. But don't pay full price a the gate, or even the online price which invariably requires pre-booking. Instead find out how to easily and cheaply get half price entry without having to pre-book so you don't have to play russian roulette with Britain's weather.

Wednesday, August 23, 2017

... / Stock-Markets / Learn to Trade

By: Submissions

Tuesday, August 22, 2017

4 Reasons European Stocks Will Make a Big Comeback This Year / Stock-Markets / European Stock Markets

By: John_Mauldin

BY STEPHEN MCBRIDE : Just a year ago, Europe looked like the last place where you’d want to put your money.

The UK had voted to leave the EU, top German and Italian banks were in shambles, and populists reigned on the Continent.

The issues that plagued Europe didn’t fade away, but the turmoil subsided.

While everyone was applauding the uptick in US growth after the election, Europe recorded higher growth in 2016. This reversal of fortunes has now begun to show up in the markets.

Tuesday, August 22, 2017

3 Lesser-Known Charts Revealing a Massive Stock Market Disconnect / Stock-Markets / Stock Market 2017

By: John_Mauldin

What’s a fair price for a share of stock?

In theory, it’s easy to define. The fairest price lies at the intersection of the company’s supply and demand curves. The market price at any given moment reveals exactly where that point is.

The averaged prices of all stocks in an index, appropriately weighted, tell us the same for market benchmarks.

Tuesday, August 22, 2017

U.S. Treasury Secretary: "I Assume Fort Knox Gold Is Still There" / Commodities / Gold and Silver 2017

By: GoldCore

• US Treasury Secretary Steve Mnuchin visits Fort Knox Gold
• Later tweeted ‘Glad gold is safe!’
• Only the third Treasury Secretary to visit the fortified vault, last visit was 1948
• Last Congressional visit was 1974
• Speculation over existence of gold in Fort Knox is rife
• Concerns over Federal Reserves lack of interest in carrying to an audit on gold
• Gold was last counted in 1953, nine years before Mnuchin was born
• Mnuchin may be looking to prevent countries and states from worrying about and repatriating their gold