Friday, April 21, 2017
Can Marine Le Pen Win? French Presidential Election Forecast 2017 / Politics / France
Britain's anti-establishment Brexit contagion could once more be on the march by spreading from its heavy influence on the US Presidential election, that allowed an alt-reality TV star to con his way into the White House, and thus could similarly allow France's far right Marine Le Pen funded by Putin's regime to squeak her way into the Elysee Palace.
Whilst it is beyond the scope of this video to consider all of the ramifications of a potential Le Pen victory for the French people, one thing is for certain that it would greatly destabilise the European Union as a Le Pen regime would be pro-Brexit and soon announce Frances own FrExit EU Referendum which would amount to the death of the European Union.
Read full article... Read full article...
Friday, April 21, 2017
Why Stock Market Investors May Soon Be In For A Rude Awakening / Stock-Markets / Stock Market 2017
BY PATRICK WATSON : It seems that a lot of people have missed the distinction between wishful thinking and reality lately—and I fear it’s going to hurt them badly.
After Donald Trump won in November, some Americans didn’t just hope for the best; they thought it was here.
Read full article... Read full article...
Friday, April 21, 2017
Median US Household’s Wealth Has Declined by 40% Since 2007 / Economics / Demographics
Nominal US household wealth is at an all-time high. But my friend Marc Faber (publisher of the Gloom Boom & Doom Report) says that's mostly an illusion.
Below, Marc looks at the relationship between asset prices and US household wealth, and the effect of that relationship on the economy.
It seems the wealth of the top 0.1% has vastly improved in recent decades (and the top 10% haven’t done at all badly). But “the median household’s or asset owner’s wealth has declined by close to 40% in real terms (adjusted by the CPI) from its peak in 2007.”
Median household increases in wealth are also illusory because the main component of household wealth is pension fund assets (approximately US$22 trillion).
Read full article... Read full article...
Friday, April 21, 2017
US War on Whistleblowers / Politics / US Politics
Truth-telling in America is endangered. Free and open expression is our most fundamental right, all others threatened without it.
Exposing government wrongdoing is courageous and essential. Obama waged war on press freedom and whistleblowing. Trump continues his outrageous agenda.
Read full article... Read full article...
Friday, April 21, 2017
No Such Thing as a Stock Market Quadruple Top / Stock-Markets / Stock Market 2017
When a resistance zone gets tested multiple times it usually breaks. It shouldn’t be long before the Nasdaq breaks through this resistance. After it does it will pull the rest of the market up with it.
Read full article... Read full article...
Friday, April 21, 2017
Silver, Platinum and Palladium as Investments – Research Shows Diversification Benefit / Commodities / Gold and Silver 2017
– Silver, platinum and palladium see increased role as investment vehicles
– Increase in academic output on the white precious metals is in line with this
– Silver and particularly gold are safe haven assets
– Silver was a safe haven at times during which gold failed to be
– Platinum and palladium less so but have diversification benefits
– Silver manipulation is possible and indications of, if not legal proof
– Benefits platinum and palladium could provide as money not been fully addressed
– Main focus in investment drivers is price – not on drivers of physical demand
– Platinum, palladium and silver have different relationships with other assets and divergent abilities in hedging risk
– White precious metal investors should employ a buy-and-hold strategy
– Silver markets have become more efficient since 1977
– White precious metals are increasing in investment importance
– Research shows hedging role and diversification benefits of precious metals
Friday, April 21, 2017
U.S. Stock Market and Gold, Post Tomahawks and MOAB / Stock-Markets / Stock Market 2017
It happens when inflammatory events (usually political, terror or war related, but also including things like Ebola, Bird Flu and the like) crop up; stocks go down and hysteria starts to build. The mainstream media jump aboard and next thing you know you've got people heading for the exits… right into the next bottom. In the case of the current corrective consolidation, a disappointment in the Trump administration's Healthcare follies rolled right into the war-like events in Syria and Afghanistan. Presto! A much needed correction of the over-bullishness was on.
Read full article... Read full article...
Friday, April 21, 2017
French Elections and Gold Price / Commodities / Gold and Silver 2017
In the previous edition of the Market Overview, we analyzed the potential impact of the European elections on the gold market. As the Dutch elections are behind us, let's see how the Wilders' defeat affected the markets and the political outlook for France, where people will vote for the president on April 23.
Investors reacted positively to the outcome of the Dutch election, relieved that populists did not win. European stocks and the euro rose, while the France-Germany 10-year bond yield spread declined after the elections. This is because Wilders' failure is considered to indicate that “the wrong kind of populism” is losing momentum.
Read full article... Read full article...
Friday, April 21, 2017
Volatile Week for Financial ETFs / Stock-Markets / Exchange Traded Funds
Earnings season is around, and it tends to add some volatility back into the market. Now, major banks and financial firms have already reported their earnings, most beat expectations. However, there were also mixed results with financials. Goldman Sachs Group Inc (NYSE: GS) and Morgan Stanley (NYSE: MS) were some notable earnings that surprised the Street. Consequently, this added some volatility to exchange-traded funds (ETFs), such as the Financial Select Sector SPDR Fund (NYSEARCA: XLF) and Vanguard Financials ETF (NYSEARCA: VFH).Read full article... Read full article...
Thursday, April 20, 2017
Gold Miners Intermediate Cycle Top? / Commodities / Gold & Silver Stocks 2017
The large volume surge in DUST a few days ago was the warning bell that the miners may have topped.
Read full article... Read full article...
Thursday, April 20, 2017
Stock Market More Uncertainty As Investors Await Quarterly Earnings Releases / Stock-Markets / Stock Market 2017
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Thursday, April 20, 2017
An In Depth Look at the Precious Metals Complex / Commodities / Gold and Silver 2017
Before we look at todays charts I would like to thank Sir Plunger for putting on the short oil trade this week while I was recovering from surgery. You won't find a more through and in depth look at oil than what Sir Plunger offered. And wouldn't you know it his timing as usual was impeccable. Oil dropped almost 4% today.
Now lets turn our attention to the sector which many members have a love hate relationship with.
Read full article... Read full article...
Thursday, April 20, 2017
The Real Story of China’s Strong First-Quarter Growth / Economics / China Economy
After the solid first quarter performance, the central government may be in the unique position to achieve its growth target - even while tightening.In the first quarter, China’s economy grew 6.9 percent; slightly faster than expected and led by strong expansion at factories. What the first quarter data reflects is solid growth in several fronts.
Read full article... Read full article...
Thursday, April 20, 2017
Toward the New Gold-en Era / Commodities / Gold and Silver 2017
In the past half a decade, gold prices were fueled by negative rates. Now gold is driven by geopolitical risks, efforts at gold-backed trade and local prices.
Not so long ago, the conventional wisdom was that the continued recovery of the US economy would support rate hikes and thus the strengthening of the US dollar, which would pave way for gold’s further decline.
Thursday, April 20, 2017
3 Types Of Life-Changing Crisis That Make You Wish You Had Some Gold / Commodities / Gold and Silver 2017
Stephen McBride : On November 8, Indian Prime Minister Narendra Modi took to the airwaves to declare that Rs500 and Rs1,000 banknotes—which made up 86% of the currency in circulation—would be invalid effective from midnight. While the policy created chaos at banks, the real story lies elsewhere.
When rumors of a ban on gold spread two weeks later, Indians began rioting. To quell the panic, the Finance Ministry was forced to release a statement saying there was “no plan to restrict gold holdings.”
Read full article... Read full article...
Thursday, April 20, 2017
The Last Time This Happened, Gold Rallied 20% / Commodities / Gold and Silver 2017
John Grandits : With much of the price action in gold driven by sentiment and technical analysis, you should keep an eye on the broader trends, even if you consider yourself a buy-and-hold investor.
Traders use technical analysis to predict future market moves based on recent price action. Most of it sounds complicated, but it really boils down to simple math.
Read full article... Read full article...
Thursday, April 20, 2017
The Truth is a Dangerous Thing / Politics / Propaganda
This time in history might be like no other – or at a minimum is on a much bigger scale. There is more access to information, analysis, and expert opinions than ever. Obviously, everyone claims to be telling ‘the truth’. A few psychopathic individuals notwithstanding, nobody sets out in the business of providing information, then says ‘But we’re going to lie like a rug, 24/7, how about them apples?’. Everyone is telling the truth. The odd thing about all this is that the stories that come out of these ‘truth telling’ outfits couldn’t be further apart from each other. That leaves the average person with a distinct problem – it is up to YOU to find the truth. To seek it, to think it, to try to live it.
Read full article... Read full article...
Thursday, April 20, 2017
2 Choke Points That Threaten Oil Trade Between Persian Gulf And East Asia / Commodities / Crude Oil
BY GEORGE FRIEDMAN : The flow of international trade has always been subject to geopolitical risk and conflicts. At all stages of the supply chain, trade inherently faces challenges posed by the geopolitical realities along a given route.
Some routes are more perilous and harder to navigate than others. One such trade route is the maritime path for transporting oil from Persian Gulf exporters to East Asian consumers. This route faces two major choke points that are unavoidable given geographic constraints.
Read full article... Read full article...
Wednesday, April 19, 2017
Stock Market Rally May be Complete / Stock-Markets / Stock Market 2017
It has become obvious that the higher Cup with Handle formation was not triggering the sell-off that would be expected. Both the daily chart and the 2-hour chart actually show a better position for a clean Cup with Handle pattern with the Lip at 2322.25. The Broadening Wedge remains the same.
SPX appears to have halted its rally at the 50% retracement level. It remains on a sell signal with additional confirmation beneath 2322.25.
Read full article... Read full article...
Wednesday, April 19, 2017
Gold’s Next Downside Target Is Around $700… Even if It Breaks Up First / Commodities / Gold and Silver 2017
Many analysts have been so excited that gold broke to new highs, above $1,262, in late February.I was excited as well, but for a different reason.
I’d forecast that gold could bounce back just above the July 2016 highs of $1,373, to around $1,400 or $1,450.
And ANY bounce, no matter how high it went, would be a good place to get rid of any gold you’re still holding.
Read full article... Read full article...