Friday, August 11, 2017
Silver Boom Time? / Commodities / Gold and Silver 2017
Previously, I have shown how conditions in the financial markets are very similar to that of the early 80s (circa 1983). Basically, the Dow was at a start of a long-term rally around 1983, and silver just broke down and entered a long-term bear market.
However, as I have predicted in that article, we would likely see a divergence, despite the similar conditions. Normally, when such a divergence occurs, then one gets a massive move in an opposite direction to the pattern or period compared to.
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Friday, August 11, 2017
Crude Oil Price Precious Metals Link in August / Commodities / Crude Oil
In the previous month crude oil gained almost 9% as declines in crude oil, gasoline and distillates inventories continued to support the price of the commodity. In that environment light crude climbed above the psychologically important barrier of $50 and closed July above it. Despite this bullish development, the price of the black gold slipped below it at the beginning of August. Is this just a bigger pullback or the first sign of a longer correction? Is it possible that the oil-to-gold and oil-to-silver ratios give us more clues about crude oil future moves?
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Friday, August 11, 2017
Former Lehman Brothers Trader: Unpredictable Government Actions Make It Smart to Hold Gold / Commodities / Gold and Silver 2017
Shannara Johnson : What does a hot-shot Wall Street trader see in physical gold? And why would he be adamant about holding it?
Jared Dillian, former head of ETF Trading at Lehman Brothers, is an acclaimed financial author and investment strategist at Mauldin Economics. He first discovered gold in 2005 when the launch of the SPDR Gold Shares ETF (GLD) drew his attention to the yellow metal.
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Friday, August 11, 2017
Gold Up 2.3%, Silver 5.3% In Week – Gundlach, Gartman and Dalio Positive On Gold / Commodities / Gold and Silver 2017
– Gold is up 2.3% this week and silver has surged nearly 5.3% as stocks sell off on geopolitical risk
– Billionaire fund managers and commodities experts increasingly positive on gold
– Risks are rising, and everybody should put 5% to 10% of their assets in gold – Dalio
– Dalio’s Bridgewater, world’s largest hedge fund, warned clients that geopolitical risks are rising
Friday, August 11, 2017
Influencer Marketing Predictions All Businesses Should Take Into Account / Companies / SME
Influencer marketing is a huge trend in marketing right now. There are millions of new articles that appear online every single minute. That is why the very best content that a business creates can easily get lost in the loop. It is always important to get people to see the content that you create. Without this any content marketing campaign will fall flat. Out of all the ways in which you could promote something on the internet these days, using influencers is what tends to be highly engaging. It is not at all difficult to find influencers in any industry.Read full article... Read full article...
Thursday, August 10, 2017
USDCHF Failed To Break Channel Resistance / Currencies / Forex Trading
USDCHF pulled back from 0.9772 to as low as 0.9611 after approaching the top resistance trend line of the price channel on its daily chart, indicating that the pair remains in the downtrend from the December 2012 high of 1.0343.
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Thursday, August 10, 2017
The Strange Fall of the US Dollar / Currencies / US Dollar
As the exuberant Trump White House has been mugged by realities, US dollar is plunging to record lows.What a difference a year makes! Last November, US dollar hit its 13-year high. According to the US Dollar Index, which measures the currency against a basket of six other major currencies, the greenback soared to a peak of 103. By early August, US dollar is struggling around less than 93.
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Thursday, August 10, 2017
SPX Confirmed Sell Signal / Stock-Markets / Stock Market 2017
SPX is trying to make another test of the Short-term resistance at 2474.94. From there it should go down hard. Be Time to add shorts. Normally I wouldn’t recommend going 100% short until a trendline is crossed. But there’s enough confidence in the signals to go at least 50%.
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Thursday, August 10, 2017
Really Bad Ideas - Government Debt Isn’t Actually Debt / Interest-Rates / US Debt
The failure of fiat currency and fractional reserve banking to produce a government-managed utopia is generating very few mea culpas, but lots of rationalizations.
Strangest of all these rationalizations might be the notion that government debt is not really a liability, but an asset. Where personal and business loans are bad if taken to excess, government borrowing is not just good on any scale, but necessary to a healthy economy. Here’s an excerpt from a particularly assertive version of this argument:
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Thursday, August 10, 2017
North Korea Nuclear War Threat - It's Time to Support Your President / Politics / US Politics
A Guardian headline today shouts: “Trump Has Taken Us To The Brink Of Nuclear War. Can He Be Stopped?”. And I’m thinking that is such obvious nonsense, how dare you print it? The North Korea nuke build up has been going on for decades, and neither Bill Clinton nor George W. Bush nor Obama ever took any decisive actions against it. And now it all falls into Trump’s lap. But that doesn’t mean he’s ‘taken us’ anywhere at all. The last thing Trump wants is this.
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Wednesday, August 09, 2017
Gold Sees Safe Haven Gains On Trump “Fire and Fury” Threat / Commodities / Gold and Silver 2017
– Gold climbs amid rising risk on US and North Korea
– Trump threatened North Korea with ‘fire and fury like the world has never seen’
– North Korea says prepared to strike the US territory of Guam
– North Korea said US exercise ‘proves that the U.S. imperialists are nuclear war maniacs’
– Heated rhetoric likely to support gold for rest of the week
Wednesday, August 09, 2017
SPX Bounces Off Brexit Trendline / Stock-Markets / Stock Market 2017
SPX bounced off its trendline possibly completing a Wave (i) decline. The bounce may take it back to Short-term resistance at 2474.92. A failure here may have some profound implications, so we use the bounce to add short positions.
Alternatively, this morning’s gap may not be filled. If so, the trendline at 2462.00 gives us another chance to add short positions.
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Wednesday, August 09, 2017
Why Is The Stock Market Not Trading On Fundamentals Lately? / Stock-Markets / Stock Market 2017
Last week, I noted that as long as the market maintains support over 2450SPX, we still have potential to strike the 2500SPX region before we see a top to wave (3). Currently, the market has maintained such support, so I must maintain my expectations.
“The market is just not trading on fundamentals.”
“The stock market is detached from the reality of the economy.”
“Eventually, fundamentals will matter again.”
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Wednesday, August 09, 2017
USD/CAD - Can We Trust This Breakout? / Currencies / Forex Trading
Yesterday, the U.S. dollar rose against its Canadian counterpart, which pushed USD/CAD above the upper border of the declining wedge, but can we trust this breakout?
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Wednesday, August 09, 2017
EURJPY Dropped Sharply to 128.70 / Currencies / Euro
EURJPY dropped sharply to as low as 128.70 after breaking below a major support trend line at 130.35 on its 4-hour chart. Further decline is still possible in a couple of days.
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Wednesday, August 09, 2017
New Monthly Rebate to Help Reduce Your Trading Costs / Stock-Markets / Spread Betting
Financial Spreads have started a new monthly rebate scheme called 'Trader Rebate'.
This gives clients a rebate, up to 20%, on their trading costs every month. Read full article... Read full article...
Wednesday, August 09, 2017
London Tree Officer Criticises Sheffield City Council Over Felling of Thousands of Healthy Trees / Local / Sheffield
London Tree Officer, Ian Dalton in an open letter to Sheffield City Council criticised the councils campaign of misinformation in respect of the felling of thousands of healthy tree's that has prompted thousands of Sheffielders to campaign against the felling's, resulting in many ordinary people being taken to court by an increasingly dictatorial council.
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Wednesday, August 09, 2017
Dow 22,000 Struck - How Much Higher Can It Go? / Stock-Markets / Stock Market 2017
Mike Golembesky writes: I have now been writing for several weeks now that I was looking for an ideal shorter-term target zone of the 21,971 -22,429 zone on the Dow Jones Industrial Average prior to seeing a top in the index. Last week the Dow moved over 22,000 for the first time and is now trading right in the middle of that target zone. Additionally, the path up to this zone since the May 17th low has been exceptionally smooth having seen a tight grind to these higher levels.
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Wednesday, August 09, 2017
Stock Market Divergences Are Now Appearing! / Stock-Markets / Stock Market 2017
The loss, of the leadership of the banking and financial sector, BKX ETF, is now a major warning signal which is what is required in order to move the SPX much HIGHER, at this time!
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Tuesday, August 08, 2017
Is Inflation an issue or did the Fed Mess Up? / Economics / Inflation
Bankers know that history is inflationary and that money is the last thing a wise man will hoard.
William J. Durant
The Fed has been trying to create the illusion that inflation is an issue. The guys from the hard money camp also maintain that inflation is an issue and to a point they are right. Their definition of inflation is an increase in the money supply. The Fed, on the other hand, defines inflation as an increase in prices. The real definition of inflation is an increase in the money supply; rising prices are just the symptom of the disease. This article from mises.org summarises this concept quite succulently
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