Wednesday, January 11, 2017
13 Contrarian Economic Predictions For 2017 / Politics / Financial Markets 2017
By: John_Mauldin
BY JARED DILLIAN : Everyone likes to compile lists of predictions for the new year.
I don’t.
Did you ever notice that when you look at all the failed predictions in any given December, what ended up happening was the opposite of what everyone predicted?
Given that most predictions end up being wrong, why not just take a look at what passes for conventional wisdom and do the opposite?
Read full article... Read full article...
Wednesday, January 11, 2017
Italy, Germany, and the EU Are on the Brink of a Conflict / Politics / European Union
By: John_Mauldin
BY CHEYENNE LIGON AND ALLISON FEDIRKA : As a new year begins, we look at a key forecast that will bridge 2016 and 2017: the Italian banking crisis. In Geopolitical Futures’ 2016 forecast, we said that the focal point of Europe’s financial crisis would shift from Greece to the Italian banking system. For 2017, we forecast that the evolution of this crisis will eventually force a confrontation between Italy, Germany, and the European Union. Here, we establish a starting point for the looming Italian banking crisis in 2017, which will unfold over many months and have a range of consequences.
Wednesday, January 11, 2017
10 Potential Black Swans and Opportunities for the US Economy in 2017 / Economics / US Economy
By: John_Mauldin
We’ve reached that wonderful time of year when financial pundits pull out their forecaster hats and take a crack at the future. This time the exercise is particularly interesting because we’re at several turning points. Any one of them could remake the entire year overnight.
I should probably say up front that I am actually somewhat optimistic about 2017—optimistic, meaning I think we will Muddle Through—but that’s a lot better outcome than I was expecting five months ago. However, midcourse corrections may be warranted.
Read full article... Read full article...
Wednesday, January 11, 2017
Gold Is Cheap Insurance No Matter What the Fed Will Do / Commodities / Gold and Silver 2017
By: David_Galland
By Olivier Garret : Gold prices have dropped from $1,340 an ounce in September to around $1,130 as of this writing. The cause is the strengthening USD and the recent rally in the US stock market that followed Trump’s surprise victory.
Plus, most people now expect at least a few rate hikes by the Fed. Gold rarely fares well in a rising real rates environment. Many investors wonder if gold has entered a lasting bear market. Or if this is the time to buy while prices are low.
Read full article... Read full article...
Wednesday, January 11, 2017
The Recent Up-Trend in Gold Price is Temporary… Overall Trend is Still Down for 2017 / Commodities / Gold and Silver 2017
By: Harry_Dent
Twenty-two radio interviews for the new book, 10 of them live.At this point, my voice is tired. So are gold sellers.
Gold peaked at $1,934 in September of 2011 – the last major commodity to peak in the 30-year cycle that first peaked in mid-2008.
Read full article... Read full article...
Wednesday, January 11, 2017
Prince Owned Land and Gold Bars Worth $800,000 / Commodities / Gold and Silver 2017
By: GoldCore
Gold Bars Worth $800,000 Owned By Prince
Prince, RIP, owned gold bars worth just over $800,000 according to the statement filed in a Minnesota court last Friday.
At the time of his death, Prince had taken delivery of and had in his possession 67 gold bars, 10 ounce gold bars, valued at $836,166.70. That’s according to an asset inventory compiled by Bremer Trust released by the Carver County District Court, as first reported by the Minneapolis Star Tribune.
Read full article... Read full article...
Wednesday, January 11, 2017
What Obama’s Farewell Address Won’t Say / Politics / US Politics
By: Stephen_Lendman
On Tuesday evening, Obama will deliver his farewell address from Chicago, his adopted home city. He’ll lie, deceive and misinform like he always does.
He’ll say nothing about arguably the most disgraceful eight years in US history. He betrayed the public trust from day one.
Read full article... Read full article...
Wednesday, January 11, 2017
US Intelligence Agencies Try to Strong-Arm Trump into War With Russia / Politics / Intelligence Agencies
By: Mike_Whitney
Powerful elites are using the credibility of the US Intelligence agencies to demonize Russia and prepare the country for war. This is the real meaning of the “Russia hacking” story which, as yet, has not produced any hard evidence of Russian complicity.
Last week’s 25-page report, that was released by the Director of National Intelligence James Clapper, illustrates to what extent intelligence is being “fixed around the policy”. Just as the CIA generated false information related to Weapons of Mass Destruction to soften public resistance to war with Iraq, so too, the spurious allegations in the DNI’s politically-motivated report are designed to depict Russia as a growing threat to US national security.
Read full article... Read full article...
Wednesday, January 11, 2017
Stock Market Quiet, Mixed Consolidation Day / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had a very mixed, sloppy session, and finished the day on a sour note, with the S&P 500 unchanged today. The day started out with a move down, a very strong rally in the morning ensured, reaching a new all-time high on the 5050 Nasdaq 100. The S&P 500 couldn’t get back to Friday’s double-top high at 22.82, reaching 2279 today, and then rolled over to 2269. The Dow closed down, the S&P 500 closed flat, while the Nasdaq 100 closed slightly in the plus column.
Read full article... Read full article...
Wednesday, January 11, 2017
How to Get a Bird of Paradise Plant to Flower - UK Growing Video / Personal_Finance / Gardening
By: Anika_Walayat
We may have just started the new year, but it's a good time to start planning garden flower beds, baskets, property frontages and lounge flower displays. And where flower displays are concerned then there isn't much out there that can beat the Bird of Paradise plant (Stelitzia reginae) in producing one of the most uniquely beautiful vibrantly coloured flowers of any plant that literally resemble flying birds.
Wednesday, January 11, 2017
Stock Market Short, Sharp Pull Back? / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
A short, sharp in the stock market may be in the offing over the next couple of days. I believe that last Friday’s top in the SPX signaled a Y wave top and now we should see Z of "sub-minuette wave 4". Our subs made 11.7% in 5 days buying the reverse volatility ETF SVXY. Most market gurus were gloomy going into the New Year, but we went the other way. A final wave 5 should take us just over 2310 by or around January 23.
Read full article... Read full article...
Wednesday, January 11, 2017
The Market Has Become One Giant Lopsided Trade / Stock-Markets / Financial Markets 2017
By: Graham_Summers
The market has become one giant trade.
That trade is:
- Long US stocks
- Long the $USD
- Short Treasuries
- Short Gold
Wednesday, January 11, 2017
President Donald Trump Seeks Academy Award Nomination for Best Actor as Mr BrExit / Politics / US Politics
By: Nadeem_Walayat
The Golden Globes sparked another twitter tirade from President Elect Donald Trump following criticisms from Meryl Streep for Trumps mocking of a disabled reporter during the election campaign -
"But there was one performance this year that stunned me. It, it sank its hooks in my heart. Not because it was good. It was -- there was nothing good about it. But it was effective, and it did its job. It made its intended audience laugh and show their teeth. It was that moment when the person asking to sit in the most respected seat in our country imitated a disabled reporter, someone he outranked in privilege, power, and the capacity to fight back. It -- it kind of broke my heart when I saw it. And I still can't get it out of my head because it wasn't in a movie. It was real life."
Read full article... Read full article...
Tuesday, January 10, 2017
Gold Prices Are Being Hacked / Commodities / Gold and Silver 2017
By: MoneyMetals
By Clint Siegner : Major U.S. and international banks cheat their customers and rig markets. Revelations have been piling up since the 2008 financial crisis. Hundreds of billions have been paid in fines, penalties, and settlements. The fraud, price manipulation, lying, and theft – once considered conspiracy theories – are now incontrovertible conspiracy facts.
Tuesday, January 10, 2017
Gold Price In GBP Rises 4% On Brexit and UK Economy Risks / Commodities / Gold and Silver 2017
By: GoldCore
– Pound fell 2% against gold yesterday after Theresa May created Brexit concerns
– May’s ‘Hard Brexit’ denial does not calm markets growing fears
– Investors concerned about lack of government strategy and uncertainty
Read full article... Read full article...
Tuesday, January 10, 2017
UK 10-year Fixed Interest Rate Mortgages Conundrum / Housing-Market / Mortgages
By: MoneyFacts
Given the negotiations on the UK’s future relationship with the EU, we are expected to have some uncertain times ahead. Borrowers are likely to be worried about how this will affect mortgage rates, with many looking for long-term mortgage repayment security to shield them from an unpredictable future. A 10-year fixed rate mortgage could be just the solution, particularly with research from Moneyfacts.co.uk showing that the 10-year fixed rate market is flourishing.
Read full article... Read full article...
Tuesday, January 10, 2017
The No.1 Energy Stock To Buy Right Now / Commodities / Energy Resources
By: OilPrice_Com
....
Tuesday, January 10, 2017
NDX Tek Stock Index Reaches Over Five Thousand / Stock-Markets / Tech Stocks
By: Harry_Boxer
The stock market indices started the week off in a very strange session, the Nasdaq 100 working its way higher, while the S&P 500 got hammered at the opening, and barely hung on all morning. Midday the Nasdaq 100 extended its move, making new, all-time highs today at 5034.00, while the S&P 500 tried to rally, but rolled over and continued steadily lower. At the end of the day, the Nasdaq 100 pulled back ten points, while a much deeper retrace on the session lows of the S&P 500 and Dow finished at the lows for the day.
Read full article... Read full article...
Monday, January 09, 2017
Frank Holmes: Gold Rally Extremely Likely in January and February / Commodities / Gold and Silver 2017
By: MoneyMetals
Mike Gleason (Money Metals Exchange): We are fortunate today to be joined by Frank Holmes, CEO and Chief Investment Officer at U.S. Global Investors. Just recently Mr. Holmes received another award from the Mining Journal and was named America's Best Fund Manager for 2016, one of many awards he's received now in the mining industry for his fantastic track record. He is also the co-author of the book The Gold Watcher: Demystifying Gold Investing and is a regular guest on CNBC, Bloomberg, Fox Business, as well as right here on the Money Metals Podcast.
Monday, January 09, 2017
Test Your Markets Trading Knowledge: Find the Clear Wave Pattern on this Chart / InvestorEducation / Elliott Wave Theory
By: EWI
Take this quiz, then check your answer against one of our top analysts
Do you see a pattern you recognize in this chart of Reynolds American (RAI)?
The Wave Principle separates price action into two categories: motive and corrective, and this price chart has a clear example of one category.
Read full article... Read full article...