Thursday, July 13, 2017
Can The Dow Trade to 30K or is it Just Another Pipe Dream / Stock-Markets / Stock Market 2017
By: Sol_Palha
Insanity in individuals is something rare, but in groups, parties, nations, and epochs it is the rule. Friedrich NietzscheOne group of experts state that the markets are ready to crash, another states the markets are ready to soar to new highs. Which group is one supposed to believe? For starters, the naysayers have the odds stacked against them as every so-called stock market crash has turned out to be a long-term buying opportunity. We view stock market crashes as once in a “lifetime buying opportunity” and frankly so should every self-respecting long term Contrarian investor. The smart money always swoops in and buys top quality stocks when there is blood on the streets, and the dumb money sells right at the bottom.
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Thursday, July 13, 2017
EURUSD Is Testing Neckline Resistance At Around 1.1450 / Currencies / Euro
By: Franco_Shao
There is a descending trend line from the August 2015 high of 1.1713 to the May 2016 high of 1.1616, with resistance at around 1.1450, acting as the neckline of the double bottom pattern on the EURUSD’s weekly chart. If the price breaks and settles above the trend line resistance, it would confirm pattern, then the price could extend to the measured move target at around 1.2700.
Thursday, July 13, 2017
A Financial Crisis Of Historic Proportions Is Once Again Bearing Down On Us / Stock-Markets / Financial Crisis 2017
By: John_Mauldin
Financial politicians (aka central bankers) have a long history of saying the wrong things at the wrong time.
Far worse, they simply fail to tell the truth. They lie because they’re afraid of the impact the truth will have. This is a problem, because markets can’t function on false information, at least not forever.
They also face enormous pressure to “do something,” even when the right thing is to do nothing and just let the market clear.
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Thursday, July 13, 2017
What's Next for US Dollar, Stocks, Bonds and Gold? / Stock-Markets / Financial Markets 2017
By: Axel_Merk
The Fed’s “balance sheet reduction” may have profound implications for the dollar, gold, stocks and bonds. We provide an outlook.
It is said forecasts are difficult, especially when they relate to the future. Investors might want to pay attention nonetheless, not so much because I believe I have a crystal ball, but because investing is about managing risk. And there’s a risk that I’m right.
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Thursday, July 13, 2017
India Gold Imports Surge To 5 Year High – 220 Tons In May Alone / Commodities / Gold and Silver 2017
By: GoldCore
– India gold imports in H1, 2017 greater than all of 2016
– India imported 521 tonnes of gold in first half of 2017
– H1 figure for gold imports $22.2 Bln versus $23 Bln in all ’16
– Gold demand was up 15% year- on-year in the first quarter
– June gold imports climbed to an estimated 75 tonnes from 22.7 tonnes a year ago
– Annual total set to surpass 900 tons, strongest year since ’12
– “I trust gold more than the currencies of countries” – 63% of Indians in Survey
Thursday, July 13, 2017
Blockchain: The End of Gold Price Suppression / Commodities / Gold and Silver 2017
By: The_Gold_Report
With so many rumors and complaints over the years about flash crashes, overleveraging, taking advantage of clients and overcharging, blockchain could signal the end of big banks having their way on the Comex and paper metals markets, says Tom Beck, founder of Portfolio Wealth Global.
I bought my first gold and silver coins in 2003. I was 21, and well on my way to becoming a proponent of free markets and commodity-based money.
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Thursday, July 13, 2017
Amey Fells Trees on Whirlowdale Crescent Near Dobcroft School, Sheffield / Local / Sheffield
By: Anika_Walayat
Dobcroft school children were in for a shock when they emerged after lessons to witness the carnage left behind by Amey, leaving two of the streets majestic trees as mutilated towering stumps, devoid of life, zombie trees! A shock for young eyes every morning and afternoon.
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Thursday, July 13, 2017
Will the Ethereum Crash Continue? / Currencies / BlockChain
By: Franco_Shao
After hitting a highest record at 415, ETHUSD broke below the bullish price channel on its daily chart and fell sharply to as low as 175.50. Will the Ethereum crash continue?
Thursday, July 13, 2017
There Is Only One Gold Fundamental… / Commodities / Gold and Silver 2017
By: Kelsey_Williams
There have been several articles recently proclaiming and detailing the fundamentals for gold. A few of them have some excellent points. Most of them don’t.
And there have been some polite discussions of applicability, meaning, and intent with regards to specific claims.
Some of the discussions involve protracted technical analysis and are quite lengthy. And some analysts have a special formula or barometer of their own, which they use to justify their claims or indicate correlation between gold and a wide variety of unrelated items.
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Thursday, July 13, 2017
Gold and Silver: Your Stomach Is Probably Wrenching Right Now / Commodities / Gold and Silver 2017
By: The_Gold_Report
Wall Street's largest firm, Goldman Sachs, is throwing in the towel on commodities, which reminds Lior Gantz, Wealth Research Group's founder, of 1998, when Merrill Lynch closed its commodities desk very close to the end of a cyclical bottom.
Gold is up for the year, but silver just made a 52-week-low.
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Thursday, July 13, 2017
Gold Industry Is In A Deep State Of Dysfunction, Delusion And Denial / Commodities / Gold and Silver 2017
By: Stewart_Dougherty
In 1980, the Financial Deep State realized that there existed an extraordinary opportunity for serial plunder and profiteering: the manipulation of the gold and silver markets. They immediately mobilized to exploit it.
During the subsequent 37+ years (we are now well into the 38th), the Deep State manipulators have criminally looted the gold and silver markets, pocketing astronomical profits for themselves in the process, all of which have come from real victims on the other sides of their fraudulent trades. While literally billions of people worldwide have been financially damaged by this crime, many of them severely, not one of the perpetrators has spent so much as ten seconds in jail for the global looting spree they have conducted. This is because precious metals price fraud is a state-sponsored crime.
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Wednesday, July 12, 2017
Cryptocurrency Bloodbath! Sell Everything We Were Totally Wrong! / Currencies / Bitcoin
By: Jeff_Berwick
Cryptocurrency Bloodbath!
Just kidding.
The cryptocurrencies have taken a big hit in the last few weeks, however, just as we said they would.
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Wednesday, July 12, 2017
Gold to Silver Ratio - Preparing for THE Bottom / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
In the first part of the Preparing for THE Bottom series, we emphasized the need to be sure to stay alert and focused in the precious metals market, even though it may not appear all that interesting. We argued that preparing for the big moves in gold that are likely to be seen later this year should prove extremely worth one’s while. In the second part of the series, we discussed when, approximately, one can expect the key bottom in gold to form (reminder: this winter appears a likely target).
In today’s issue, we would like to feature one of the signs that are likely to confirm that the final bottom is indeed in. The thing that a relatively small number of investors follow (mostly those who have been interested in the sector for some time) are the intra-market ratios. One of the most important ones is the gold to silver ratio and to be honest, it’s no wonder that this ratio is so important – after all, gold and silver are the parts of the precious metals sector that practically everyone recognizes.
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Wednesday, July 12, 2017
Iran and North Korea: Brothers in Nuclear Arms / Politics / Nuclear Weapons
By: John_Mauldin
Summary
Remember Iran? The prospect of war with North Korea has made it easy to overlook this other nearly nuclear power that was until recently the object of Washington’s nonproliferation efforts. Tehran was dead set on developing a nuclear weapon, but it agreed to halt its program in 2015 after extensive negotiations with the United States. Granted, the rise of the Islamic State, a common enemy of the United States and Iran, and years of economic attrition wrought by international sanctions forced its hand. Still, Iran has complied with the agreement by subjecting itself to inspections meant to ensure it doesn’t enrich its uranium.
A nuclear weapons program, however, requires more than just weapons-grade fissile material. It also requires a warhead that is small and sturdy enough to survive the flight on a ballistic missile. And then, of course, it requires the ballistic missile itself – hence the attention North Korean missiles have received lately. North Korea has lots of fissile material. And it most likely has a miniaturized warhead, according to U.S. intelligence officials. Pyongyang is, in other words, one ballistic missile away from being able to strike the United States.
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Wednesday, July 12, 2017
Kim Jong-un: Biography of a Young Despot / Politics / North Korea
By: John_Mauldin
Cult of personality: a situation in which a public figure (such as a political leader) is deliberately presented to the people of a country as a great person who should be admired and loved. —Merriam Webster
North Koreans have lived under a cult of personality for decades. It is assumed by analysts that North Korean dictator Kim Jong-un himself believes in his own demigod myth. Let’s look at how Kim grew up.
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Wednesday, July 12, 2017
Down Dollar Down: Time for "UP"? / Currencies / US Dollar
By: EWI
Don't rely on after-the-fact headlines. Our charts and forecasts explain how we got here -- and where we're going.
Tuesday, July 11, 2017
Bitcoin Price Tests Retracement / Currencies / Bitcoin
By: Mike_McAra
The CFTC is moving to grant another license to a cryptocurrency derivative exchange. On Business Insider, we read:
While most federal regulators in the US have taken a sluggish approach to cryptocurrencies, the Commodity Futures Trading Commission (CFTC) has been an exception. In September 2015, the body designated cryptocurrencies as commodities, rather than currencies.
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Tuesday, July 11, 2017
Most Tech People Are Too Young To Remember That Silicon Valley Hasn’t Had A Real Crisis In 17 Years / Stock-Markets / Tech Stocks
By: John_Mauldin
BY JARED DILLIAN : Two weeks ago, I took a shot and called the top of the stock market.
My argument is that speculation is getting out of control. And not just on stocks—on Bitcoin, comic books, and all kinds of stuff.
When you have one bubble, others usually follow.
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Tuesday, July 11, 2017
Janet Yellen Just Gave Banks A Secret Hint To Pay Out $100 Billion In Dividends / Stock-Markets / Stock Market 2017
By: John_Mauldin
BY PATRICK WATSON : Top central bankers choose their words carefully. They know sending the wrong signals can unleash havoc, and they’ll get blamed for it. More important, as masters in acrobatic flip-flopping and backpedaling, they rarely promise a specific outcome.
So when a Fed official does say anything definitive, I pay attention—because it’s almost never an accident.
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Tuesday, July 11, 2017
Gold Bull or Bear? Elliot Meets Bressert / Commodities / Gold and Silver 2017
By: SurfCity
I would like to provide an update on what my expectations are with respect to Gold and PMs for the remainder of 2017.
First off, I now no longer feel that early May hosted the ICL for Gold and PMs but I do expect an ICL to unfold in Gold over the next week or so (see my last chart of this post). This update will focus mostly on Cycles analysis but will also bring in some elements of Elliot Wave (EW) Theory that will give you some insight of what I am looking for at the next Intermediate Cycle Low (ICL) in Gold. While I am not an EW expert or practitioner, I do understand its concepts and basic rules enough to use it in conjunction with my Cycle work. Both methodologies try to use Major Lows to determine the direction of the longer Cycles or Waves.
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