Friday, December 02, 2016
Shale-War is over so $60 Brent Crude Oil by Christmas is highly probable: Next $85? / Commodities / Crude Oil
In April this model (http://oilpro.com/...) predicted the Saudi’s would blink in Doha and Brent would see $60 by Christmas.Well they did blink in Doha; they stopped talking about pumping an extra two-million barrels per day into the pot; incidentally that was just bravado; unless the plan was to stop using oil to make electricity...which would have been unpopular during the summer.
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Friday, December 02, 2016
Macroeconomic Cycles & Demographics - A Fuse, An Explosive and The Igniting Catalyst / Economics / Demographics
Investors need to focus on the two key long term structural changes now underway which are going to ignite destructive global dislocations through early 2020. To better understand why this is going to occur we need to place them in context by first examining the major economic cycles currently underway.
Harry Dent's Macroeconomic Cycles & Demographics
This initial cycle chart is from an in-depth discussion I had with Harry Dent earlier this year. Since leaving Harvard, Harry has spent most of his adult working life studying demographics and cycles.
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Friday, December 02, 2016
Rising Populism in America, Russia and Europe & The Rise of India / Politics / Social Issues
The entire west is in the grip of Populism. The Spectacular victory of Donald Trump acts as a catalyst for its rise and spread in France, Germany, Britain, Ireland, Italy and etc. The common people in Germany fear that if Angeline Merkel is elected again, Germany will be isolated from the rest of the West or Europe and they have to pay very great price. These rising trends have forced CNN and other media to discuss about the rising or spreading of Populism in the West.
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Thursday, December 01, 2016
Stock Market Possible Breakdown... / Stock-Markets / Stock Markets 2016
SPX has overlapped Wave [i], greatly diminishing the probability of another probe to a new high. This strongly suggests that the Top is in. This is turning into a complex decline that still may have a risk of a final surge to 2122.00, but no higher.
Take the appropriate action you deem necessary, given your propensity for risk. Shorting a bounce above 2200.00 may lower the drawdown due to a possible incomplete Wave formation.
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Thursday, December 01, 2016
How Moving Averages Can Identify a Trade / InvestorEducation / Learn to Trade
These 3 charts help you understand how moving averages work
Moving averages are a popular tool for technical traders because they can "smooth" price fluctuations in any chart. Senior Analyst Jeffrey Kennedy gives a clear definition:
"A moving average is simply the average value of data over a specified time period, and it is used to figure out whether the price of a stock or commodity is trending up or down... one way to think of a moving average is that it's an automated trend line."
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Thursday, December 01, 2016
Silver Prices and Interest Rates / Commodities / Gold and Silver 2016
“History shows the only place for interest rates to go from here is higher.”
Examine the above chart of interest rates for 200 years.
- Rates rise and fall in long cycles, 20 to 40 years from a peak to a trough.
- Important highs occurred in 1920 and 1981.
- Important lows occurred in 1946 and probably 2016.
- Current rates are the lowest in 200 years. Some analysts have said the lowest in 5,000 years.
Thursday, December 01, 2016
America, is it Finally time for us to say Goodbye? / Politics / US Politics
few months ago my wife and I made a trip into the city from our small rural community for an evening of dining and visiting with some of her old childhood friends. We started our date with just the two of us at a well known vegetarian restaurant. Later we met up with the rest of the crew at a local park near the beach to watch some skits and some dancing while the sun went down over English Bay. It was a beautiful sunset in an amazing setting.
While we’re sitting and chatting in the bleachers of the small amphitheatre my wife’s friend asks us at which restaurant we ate. We told her and with a raised eyebrow she replies: “Really, Francis actually ate in a vegetarian restaurant? Wow. That must have been quite an experience for you!”
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Thursday, December 01, 2016
Blockchain Technology – What Is It and How Will It Change Your Life? / Currencies / BlockChain
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Blockchain technology – What is it?
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Latest developments – Royal Mint Gold & CME, Goldman Sachs and Santander
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Why do we need it? It’s about value
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Blockchain is an extension of economics
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Blockchain allows us reduce uncertainty and risk
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How will it change your life?
Thursday, December 01, 2016
Stock Market Short-Term Uncertainty As Stocks Hover Along Record Highs / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,240, and profit target at 2,060, 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, December 01, 2016
Burn the Flags, Can Trump Salvage The Sinking US Economic Ship? / Economics / US Economy
When Nobel Peace Prize winner, Barack O’Bomber, was sworn into office on January 20, 2009, the national debt was $10.62 trillion.
The United States currently has a national debt total of over $19.9 Trillion according to the US national debt clock as of the writing of this blog. That’s an astonishing 87% increase in less than an 8 year period.
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Thursday, December 01, 2016
US Economic Data - These Were Supposed To Be Hillary’s Numbers! / Economics / US Economy
Good headlines just keep coming. The Chicago PMI index of Midwest economic activity jumps to its highest level in two years. The ADP employment report shows 216,000 new jobs added in November. US Q2 GDP growth is upgraded to a completely acceptable rate of 3.2%.
Very nice numbers all. And – had the election gone a different way – a big help in easing the transition from one Democrat administration to another. Success breeding success.
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Thursday, December 01, 2016
Will US Housing Real Estate Market Tank in 2017? / Housing-Market / UK Housing
In many ways, 2016 has been a banner year for U.S. real estate. Housing prices continued to strengthen in several major metropolitan markets and even reached frothy proportions in at least three major markets. Below the surface of an otherwise healthy market, however, lies a set of factors that could cause problems for the housing market in 2017.
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Thursday, December 01, 2016
Gold and Silver in Review / Commodities / Gold and Silver 2016
Gecko Research reviews the past week in gold and charts their actions.
Gold lost 1.9% or $23 last week to close on Friday at $1,184.10. Silver was, believe it or not, almost flat for the week as it closed at $16.51, down only 4c. The gold to silver ratio was 71.7 at the end of the week.
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Wednesday, November 30, 2016
Referendum Puts Italy's Government to the Test / Politics / Italy
Forecast
- If Italian voters reject a raft of proposed constitutional reforms on Dec. 4, the government will likely resign.
- Should that happen, Parliament could avoid triggering early elections by appointing a caretaker government instead.
- The prospect of a victory by political parties that are critical of the eurozone will continue to create uncertainty in Italy and the rest of the currency area.
Wednesday, November 30, 2016
Why We Haven’t Seen Gold Price Rally after Trump Victory / Commodities / Gold and Silver 2016
Even though the markets haven’t behaved logically of late, it would have seemed a slam dunk for gold to rise if Donald Trump won. After all, we faced uncertainty around his policies, rising inflation from infrastructure spending, and higher expected growth rates.But instead, gold has headed back down more sharply. It had its initial rise in the futures market when Trump looked like he was going to win. But since then, it’s reversed course – the opposite of the stock markets.
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Wednesday, November 30, 2016
Economic Imperialism Could Lead to China’s Demise / Economics / China Economy
In 2007, a Chinese company bought Mount Toromocho in Peru. That’s right. A mountain, in another country.It’s more than half the height of Mount Everest, but aesthetic beauty wasn’t a factor. Beneath the mountain’s surface sits two billion tons of copper, one of the largest reserves in the world. Through a state-owned company, the Chinese government secured access to yet another natural resource overseas.
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Wednesday, November 30, 2016
Breakdown and Slide in Crude Oil Price / Commodities / Crude Oil
Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.
Crude oil gained 2.21% yesterday and came back above $47, but taking a dive today, confirming that closing the long positions yesterday and taking profits off the table was a good idea. Now, the question is how much does today’s decline actually change.
Let’s take a look at the charts to find out (charts courtesy of http://stockcharts.com).
Wednesday, November 30, 2016
A 'Wicked Rally' in Gold Price Predicted / Commodities / Gold and Silver 2016
Precious metals expert Michael Ballanger charts recent moves in the gold market and sees a rally in the making.
Last week I felt that IF gold broke $1,180, it could see another $140 downside, taking it to the December 2015 lows of around $1,045. I also saw that the Relative Strength Index (RSI) was at the extremely low levels usually associated with bottoms.
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Wednesday, November 30, 2016
The Federal Reserve And Interest Rates: Definitely NOT What You Think / Interest-Rates / US Interest Rates
Where we are today is the culmination of decades of irresponsible financial/fiscal policies and a complete abdication of fundamental economics. But that should not be a surprise. The self-proclaimed purpose of the Federal Reserve Bank is to manage the economic cycles; an impossibly presumptive task and a violation of fundamental economic theory.
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Wednesday, November 30, 2016
The Beginning of the End of the European Union / Politics / European Union
Is this the most important time in the EU’s history?
Italy and Austria take votes at the beginning of December that could destabilize or even end the euro and the EU itself.
This is part of a destabilizing trend that we’ve long noted and anticipated, some 16 months ago with the destruction of the EU’s Schengen agreement that used to stand for free-travel throughout Europe.
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