Wednesday, November 09, 2016
Gold Surges 5% After America Votes Trump President / Commodities / Gold and Silver 2016
By: GoldCore
Gold surged over 5% – from $1,270/oz to $1,335/oz prior to profit taking- Gold jumped to its highest level in six weeks on early reports that Trump had won the race to the White House; Largest gains since Brexit shock
- For the next few days, we can expect to follow the “Brexit playbook”
- “We are looking at very real prospects that the Fed would defer that rate hike into 2017…”
Gold has surged more than 3% to over $1,300/oz today after the shock election of Donald J. Trump as the next President of the United States of America. At one stage gold was 5% higher having risen from $1,270/oz to $1,335/oz as the dollar and stocks globally saw sharp falls.
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Wednesday, November 09, 2016
After The Trump Election Triumph / Politics / US Politics
By: Dan_Steinbock
The Trump victory was a "stunning surprise" to Washington and mainstream media. But it was very much in line with voter distrust in both Clintons and Washington’s ruling class. Politically, Americans are fed up. In cooperation with the Democratic National Committee, the Clinton campaign had far too cozy ties with Wall Street, neoconservatives and Pentagon contractors, as well as mainstream media organizations; from CNN and New York Times to Huffington Post and Google.
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Wednesday, November 09, 2016
Stock Market US Election Day Follow-Through / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices on election day decided to follow through on yesterday’s rally. The day started out with a pullback, they tested support, and when they failed to take any action to the downside, they took off. The S&P 500 went from the 2123-4 zone all the way up to 2147. The Nasdaq 100 jumped from 4757 to 4825. In the afternoon the pulled back and formed wedges, but when they failed to take out secondary support, they headed back up again,tried to retest the highs, but fell short, and pulled back in the last ten minutes. Still, it was a positive session.
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Wednesday, November 09, 2016
The Cannabis Sector after the Vote – Boom or Bust?? / Companies / Healthcare Sector
By: TLSReport
Technical Analyst Clive Maund takes a look at the cannabis sector, and how the the election results for eight states, including California, might facilitate a massive boom.
Not only do we have the US elections today, we also have voting in eight states on the legalization of cannabis, including the all-important State of California, which just by itself is one of the biggest economies in the world. The outcome of this vote is of crucial importance to the future of this fledgling industry, although all the indications are that it will be favorable.
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Wednesday, November 09, 2016
Uncertainty about OPEC and US Election Leads to Oil Price Drop / Commodities / Crude Oil
By: Jason_Hamlin
During the third quarter of 2016, global gold production dropped by 0.5%. Miners brought 846.8t onto the market versus 851.2t during Q3 of 2015. While this isn’t a huge decline, it marks the second consecutive quarter that gold production was down versus the previous year. The overall trend of plateauing output remains in place and has increased the odds that we are approaching, or have already reached, peak gold. The chart of annual mine production is shown below.
Wednesday, November 09, 2016
America is The Poisoned Chalice / Politics / US Debt
By: Raul_I_Meijer
Neither candidate in the US presidential election has had many specifics to offer on their economic ideas and projected policies, and that may be a smart move for both. If only because none of the two has indicated any real understanding of what awaits America as per November 9. And I don’t mean where the stock markets will be tomorrow morning, or the price of gold, though short term volatility is obviously certain.
The November 7 rally on Wall Street made plenty clear where everyone’s bets are placed -on Hillary-, so much so that there’s not much of a rally left if she wins. A Trump win could well see some panic, downward pressure for the dollar and stocks, upward pressure for gold, but there’s no telling how long that would last.
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Wednesday, November 09, 2016
BrExit Swing States Win Donald Trump the Presidential Election 2016 As Forecast / ElectionOracle / US Presidential Election 2016
By: Nadeem_Walayat
BREXIT! The pollsters, mainstream press pundits, analysts, markets and bookies ALL Got the US Presidential Election badly WRONG. This is the second time this year that they ALL got a major election badly wrong. Not even coming close to forecasting this election from the New York Times to Nate Silver downwards, thousands writing reams and reams of garbage presenting the view that Donald Trump cannot possibly win, right up to the close of the polls.
Wednesday, November 09, 2016
Betting Markets Confirm Donald Trump Has Won / Wins U.S. Presidential Election 2016 / ElectionOracle / US Presidential Election 2016
By: Nadeem_Walayat
The betting markets that following the close of the polls leapt to discount a Hillary Clinton win who by 1am (UK) Polls+1hr, had Trump trading on an impossible to win 12 with Hillary Clinton on 1.09 as illustrated below, that had the mainstream media pundits, pollsters and other analysts on the likes of CNN slapping themselves on the back for having correctly called the election as the results appeared to be turning out as they expected would, well.....
Wednesday, November 09, 2016
US Presidential Election Betting Markets Odds Now Forecast Trump Could WIN - BrExit Factor! / ElectionOracle / US Presidential Election 2016
By: Nadeem_Walayat
Observing extreme volatility on Election night as we countdown to the critical too close to call Florida result! For instance the betting markets an hour before the US polls closed had Trump trading at 6.6 - That's at about 11pm UK Time.
Tuesday, November 08, 2016
Hillary Clinton Wins US Election 2016 According to Pollsters, Bookies and Stock Market, BrExit? / ElectionOracle / US Presidential Election 2016
By: Nadeem_Walayat
As we count down the close of the polls virtually every opinion pollster analyst, book makers and the financial markets are strongly discounting a Hillary Clinton election win. So is America ripe for its very own BrExit moment? When the polls turn out to be WRONG as they were for Brexit.
Tuesday, November 08, 2016
This Election Marks the Beginning of Market Volatility / Stock-Markets / Volatility
By: John_Mauldin
BY JARED DILLIAN : Volatility is high going into this election (because nobody knows what will happen, and there is a lot at stake). People think that after the election, the uncertainty will be out of the way, and volatility will subside.
Will it?
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Tuesday, November 08, 2016
US Election 2016 - Small-town America Will Decide the Fate of Everyone / ElectionOracle / US Presidential Election 2016
By: John_Mauldin
One congressional district in a state that nobody pays attention to could find itself at the center of American politics. That district’s single electoral vote could spell the difference between a razor-thin win and a tie. Seriously.
Maine is one of just two states that apportion electoral votes by congressional district and not by the total state count. The state has four total votes. Two go to the statewide winner, and one each goes to the winners in the two congressional districts.
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Tuesday, November 08, 2016
Neither Election Candidate Has the Character to Govern the US / ElectionOracle / US Presidential Election 2016
By: John_Mauldin
BY GEORGE FRIEDMAN : This year’s campaign has got to be one of the strangest of all time. We have two major candidates running for president. One says strange things. One does strange things.
Donald Trump has been accused of collaborating with the Russian president and his intelligence service. He is on tape claiming that he can have sex with anyone he wants.
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Tuesday, November 08, 2016
The 2000 Election Sell-off Might Repeat—Here’s How to Profit / Stock-Markets / Stock Markets 2016
By: John_Mauldin
Perceptions about the US presidential election have a major impact on markets. The recent news about the FBI not probing Clinton’s emails any further drove US equity markets up by 1% to 2%. Over the last couple of months, stock markets have moved down when Trump is gaining in the polls and up when there’s good news for Clinton.
But what happens if there is no clear winner in the 2016 US presidential election? Jared Dillian, ex-head of ETF trading at Lehman Brothers, says a delayed outcome is the most likely result of the election. Beyond that, this delay will lead to volatility in the markets.
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Tuesday, November 08, 2016
Trump's Top 5 Target States: Florida, Michigan, North Carolina, New Hampshire and Nevada in Rigged Election / ElectionOracle / US Presidential Election 2016
By: Nadeem_Walayat
There's about 5 hours to go until the polls start to close in the craziest, zaniest Presidential election in living memory, that which pitted reality TV star 'billionaire' Donald Trump against career Washington insider Hillary Clinton. With Hillary being the clear favourite to win, so here are what I deem to be Trumps Top 5 target swing states based on the last 72 hours of Trump campaigning, those states he has been targeting in an attempt to flip to red and win the US Presidential election.
Tuesday, November 08, 2016
Credibility – Confidence – Chaos and GOLD! / Commodities / Gold and Silver 2016
By: DeviantInvestor
The corrupted Republican and Democratic parties in the U.S. have put forth two of the most despised candidates – ever. One candidate is probably more corrupt than LBJ and both parties are rapidly losing credibility. Ask yourself, does either party speak for anyone but the political and financial elite?
Tuesday, November 08, 2016
US Election Whatever the Outcome, all Stock Market Paths Appear to Lead Down / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
The SPX Premarket is down this morning, having broken beneath Short-term support at 2129.10. Since it is election day, there is no telling what events or outcomes will affect the markets. There are a couple of alternate paths that SPX may take, but they all lead down at this time.
Tuesday, November 08, 2016
Uncertain US Election Outcome and Uncertainty After Bodes Well For Gold / Commodities / Gold and Silver 2016
By: GoldCore
- Polls suggest Clinton to win but as with Brexit is chance of surprise
- PredictWise gives Clinton an 89% chance of becoming President-elect, giving just Trump just an 11% chance.
- Gold price may move about 1.8% to 4% if result is uncertain
- Demand for gold and silver is up this week by a factor of 25 percent
- Sales of American Eagle gold coins have climbed 23%
- Gold to benefit from ‘Punch and Judy’ election
Tuesday, November 08, 2016
The Rise Of Eurasian Silk Road / Economics / Asian Economies
By: Dan_Steinbock
Premier Li’s Eurasian tour heralds the new future of Eurasia that will be based on regional economic integration.Last Wednesday, Premier Li Keqiang began a week-long trip in Kyrgyzstan, Kazakhstan, Russia and Latvia seeking to promote China’s relations with the four countries, and boosting regional development and cooperation.
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Tuesday, November 08, 2016
Washington’s Post-Election Gridlock and Africa / Politics / US Politics
By: Dan_Steinbock
After the bizarre 2016 election, Washington faces a slate of legal investigations, a massive political gridlock, the threat of new Cold Wars and possibly a contested election. What does it mean to Africa?Last July, FBI Director James Comey closed the probe of Hillary Clinton’s emails and decided not to pursue charges, which resulted in broad criticism. Recently, Comey re-opened the case following a discovery of new emails. In addition to the Benghazi and FBI debacles, these efforts are likely to include some 50,000 emails from Wikileaks, particularly those of John Podesta, Clinton campaign manager and chair of the Center of American Progress (CAP).
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