Tuesday, March 28, 2017

USD Gold Myriad of Signs / Commodities / Gold and Silver 2017

By: P_Radomski_CFA

In yesterday's alert we emphasized that the breakdown in the USD Index should not be trusted as it was not confirmed and there were several good reasons to think that it would not be confirmed. The breakdown is already invalidated and - again, as discussed yesterday - this is actually a strong bullish sign. Is the decline in the USD Index over and is the big slide in the precious metals sector just around the corner?

Tuesday, March 28, 2017

SPX Challenging its Cup with Handle Trigger Point / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

SPX has completed a double zigzag from yesterday’s low. The rally has retraced 48.5% of the decline from 2390.01. It may have one zigzag left to finish a 50% retracement to 2356.13 or thereabouts. However the decline from 2390.01 and its retracement have gone exactly 60 hours, or 4.3 days at the 12:00 pm high. In other words, it may be complete, or nearly so at this time.

Tuesday, March 28, 2017

What A Westinghouse Bankruptcy Could Mean For U.S. Utilities / Companies / US Utilities

By: OilPrice_Com

International news services now report that Japan’s Toshiba Corporation (9502.T) is preparing to make a chapter 11 bankruptcy filing for its Westinghouse Electric subsidiary as soon as this Monday, March 27. For most of our readers this news evokes little surprise. This is merely another chapter of a slow moving financial and accounting train wreck involving nuclear design and construction firm Westinghouse and its troubled Japanese parent, Toshiba. But like an old, leaky garbage scow there is much to clean up in its wake.

Tuesday, March 28, 2017

Savers Maximise the Personal Savings Allowance for Bigger Returns / Personal_Finance / Savings Accounts

By: MoneyFacts

As a new tax year approaches, savers may well be readying their cash to invest in a new ISA, but the latest research by Moneyfacts.co.uk reveals why savers should still consider maximising their Personal Savings Allowance (PSA) for bigger returns.

Since April 2016, savers have been given an individual Personal Savings Allowance to earn a portion of savings income or interest tax-free, with basic rate (20%) tax payers given a £1,000 allowance and higher rate (40%) taxpayers getting £500. This momentous change means that now most taxpayers (estimated at 95%) no longer pay tax on their savings interest.

Tuesday, March 28, 2017

Brexit: The Chaotic Divorce Saga Continues / Politics / BrExit

By: Boris_Dzhingarov

"It will be a formidable challenge for Britain’s next prime minister to make an economic, diplomatic and political success out of Brexit. Or, to set the bar at a more realistic level, to contain the damage." –  Andrew Rawnsley

Much has been, and continues to be written in the press about Great Britain and her extraction from the European Union (EU), and by the looks of things, it is turning out to be a very messy divorce. The bad news is that Theresa May, the British Prime Minister, has not triggered Article 50. For the uninformed and confused among us, Article 50 is the formal notice that the UK needs to give the EU that she intends to withdraw from the European Union.

Tuesday, March 28, 2017

US Secretary of State Just Showed China Matters More Than NATO / Politics / NATO

By: John_Mauldin

BY GEORGE FRIEDMAN : US Secretary of State Rex Tillerson will attend a meeting between Chinese President Xi Jinping and US President Donald Trump April 6–7. Tillerson will skip an April 5–6 meeting of NATO foreign ministers.

This is the first time a US secretary of state will miss such a meeting since 2002.

Tuesday, March 28, 2017

Ominous Social Trends That Will Shape Our Future / Politics / Social Issues

By: John_Mauldin

We’ve touched on this before, but there’s a strong sense in much of the developed world that we’re headed for harder times. Deficits increase. Unemployment rises. The benefits of the future have been unevenly distributed throughout society.

It is not just in voting patterns that you can sense malaise. You can see it in the economic numbers and in sociological research.

Tuesday, March 28, 2017

Mansa Musa, Gold, And Inflation / Commodities / Gold and Silver 2017

By: Kelsey_Williams

From Wikipedia… Musa Keita I (c. 1280 – c. 1337) was the tenth Mansa, which translates as           “sultan” (king) or “emperor”, of the wealthy West African Mali Empire. 

During his reign Mali may have been the largest producer of gold in the world at a point of exceptional demand. One of the richest people in history, he is known to have been enormously wealthy; reported as being inconceivably rich by contemporaries, “There’s really no way to put an accurate number on his wealth” (Davidson 2015). 

Tuesday, March 28, 2017

Unusual Stock Market Mixed Session / Stock-Markets / Stock Market 2017

By: Harry_Boxer

The stock market indices had a very unusual day, with huge gaps down, they broke support, in the first fifteen minutes showed extreme volatility, and then took off and ran from 5316 NDX all the way up to 5583 by midday. The S&P 500 jumped from 2322 to 2344, backed and filled, and then tried to rally again. Only in the last fifteen minutes they backed off.

Tuesday, March 28, 2017

Foundation And Empire: Is Donald Trump The Mule? / Politics / US Politics

By: James_Quinn

In Part One of this article I analyzed the similarities of Isaac Asimov’s Foundation Trilogy to Strauss & Howe’s Fourth Turning, trying to assess how Donald Trump’s ascension to power fits into the theories put forth by those authors. Now I will compare Trump to the most interesting character in Asimov’s classic – The Mule.

Tuesday, March 28, 2017

Tesco Dodges a Bullet - £129m Fine to Avoid SFO Prosecution and £90m Compensation / Companies / Tesco

By: Nadeem_Walayat

Britain's largest retailer, near triple the size of its nearest competitor Sainsbury manages to dodge a bullet by being fined £129m as part of a DPA (Deferred Prosecution Agreement) with the SFO (Serious Fraud Office) for its 2014 false accounting scandal.

Which means that Tesco avoids a formal prosecution and that the fine+ investor compensation is about half what it could have been with some estimates ranging as high as £500m, perhaps the SFO took Tesco's distressed state into consideration as the super market giant had been in meltdown, it's stock price having collapsed by 60% from its high and having lost £10 billion in annual revenues to it's competitors.

Monday, March 27, 2017

Stock Market 2017 Correction Continued / Stock-Markets / Stock Market 2017

By: Ed_Carlson

     The 93-day cycle low we’ve been following looks to have been successful – at least for the time being – with Wednesday’s intra-day low coming right on-time. However, with a Hybrid forecast for a high on/near 4/3/17, the rally off Wednesday’s low isn’t expected to be sustained.

As shown in last week’s Market Update, the long term intervals forecast a high anytime between now and August. However, they also forecast a low between now and November. As the upcoming high is not expected to be the end of the basic advance (point J) which began at point I of Lindsay’s Long Cycle, we can’t use the standard time spans to try and time this high. We only know that there is a high degree of risk in our immediate future.

Monday, March 27, 2017

Did the US Government Spy on Trump? Of Course. It Spies on All of Us! / Politics / Intelligence Agencies

By: Dr_Ron_Paul

There was high drama last week when Rep. Devin Nunes announced at the White House that he had seen evidence that the communications of the Donald Trump campaign people, and perhaps even Trump himself, had been "incidentally collected" by the US government.

If true, this means that someone authorized the monitoring of Trump campaign communications using Section 702 of the FISA Act. Could it have been then-President Obama? We don't know. Could it have been other political enemies looking for something to harm the Trump campaign or presidency? It is possible.

Monday, March 27, 2017

Stock Market Catalyst for Chaos / Stock-Markets / Stock Market 2017

By: Michael_Pento

Up until very recently, stocks had been humming along without so much as a minor speedbump and volatility was becoming a distant memory. However, it now seems prudent to once again remind investors that this extremely overvalued market is headed for an epic crash. The Cassandras, myself included, have been wrong about this warning for what seems like a long time. Nevertheless, much like those who warned of a housing bubble a few years before the bottom completely fell out, reality is destined to slam into the current triumvirate of asset bubbles, and those sounding the alarm will be proven correct again.

Monday, March 27, 2017

Top Ten US Dollar Risks / Currencies / US Dollar

By: Jim_Willie_CB

The USDollar has never been in greater danger for losing its dominant position as global reserve currency and payment standard. Challenges to its supremacy are many and with each passing month, more threats are put in place. While the volumes of trade payment in Chinese RMB grow slowly, and the banking reserves in non-USD bonds grow slowly, the risk for the USDollar to be marginalized has increased significantly in the last two to three years. Basically speaking, a fiat currency run by a corrupt, thieving, and dishonorable hegemonic regime for the sole purpose of exploiting the rest of the world cannot stand the test of time, and will be dismantled. The community of nations gathers momentum and organization with producing an alternative. It has taken time, and will require more time. The scenario is indeed possible of a dual universe has been raised, whereby the West continues under the USD-based system, and the East emerges under a new RMB-based system. However, the Eastern alternative is step by step to emerge with a gold foundation. The USDollar cannot compete with Gold in any way except through continued fraud, intimidation, extortion, and open war. All these topics at high level and ground level are covered with analysis in the Hat Trick Letter.

Monday, March 27, 2017

The Popularity of Gambling and Investing Amongst Students / Personal_Finance / Gambling

By: Submissions

Monday, March 27, 2017

Gold, Silver Rise 2.5% and 3.2% As ‘Trump Trade’ Fades / Commodities / Gold and Silver 2017

By: GoldCore

Gold and silver jumped another 1% overnight in Asia, building on the respective 1.5% and 2.2% gains seen last week. The ‘Trump trade’ is fading, impacting stock markets and risk off has returned to global markets with the Nikkei, S&P 500 futures and European stocks weakening.

The precious metals had their second consecutive week of gains last week. Gold rose 1.5% and silver 2% while platinum rose 0.5% and palladium surged 4.8%. Today, gold has risen from $1,247.90 to a one month high of $1,259 per ounce and silver from $17.74 to $17.92 per ounce.

Monday, March 27, 2017

Is Political Betting on the Rise? / Personal_Finance / Gambling

By: Submissions

Monday, March 27, 2017

US Stock Market Consolidation Time / Stock-Markets / Stock Market 2017

By: Rambus_Chartology

In the Wednesday Report the title read, What Type of Investor are You? My main focus was to show some intermediate to long term buy and sell signals based on the 21 month simple moving average and the MACD-Histogram. Tonight I would to take it one step further and look at the Chartology for some of the big stock market indexes which shows the intermediate to longer term perspective. There is one dominate chart pattern that has built out a consolidation pattern for the 2015 to 2016 correction.

Lets start by looking at a 4 year weekly chart for the $SPX which shows the dominate H&S consolidation pattern that was needed to consolidate the last rally phase. It could have been any number of different consolidation patterns, but this time it was the H&S consolidation pattern. Back in December of last year the SPX broke out above its neckline and has rallied strongly without much of a correction. Four weeks ago the SPX hit a high of 2401 and has been going nowhere which is suggesting the first real correction may be at hand since the rally out of the November elections low.

Monday, March 27, 2017

Russia Crisis - Maps That Signal Growing Instability and Unrest / Politics / Russia

By: John_Mauldin

About one year from now, on March 18, 2018, Russia will hold a presidential election. This will take place against the backdrop of an economic crisis that will continue to plague the country in the coming year.

Russia's biggest challenges will be internal, and the countryside will show more signs of crisis.