Monday, March 29, 2021
Helicopter Money Vs. Gold / Commodities / Gold and Silver 2021
By: The_Gold_Report
Peter Krauth, editor of Gold Resource Investor, looks at the Fed's actions and what they augur for gold. This week Fed Reserve Chair Jerome Powell spoke at the "Innovation Summit" hosted by the Bank for International Settlements.
During his talk, he dissed Bitcoin and cryptocurrencies saying they were "…highly volatile and therefore not really useful stores of value, and they're not backed by anything."
OK, let me get this straight.
At its latest FOMC meeting the Fed promised near-zero interest with no rate hikes until 2023, and its $120 billion monthly asset purchases see no sign of abating.
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Monday, March 29, 2021
Stock Market Risk-off Is Back Again / Stock-Markets / Stock Market 2021
By: Monica_Kingsley
Stocks reversed yesterday, and the close below 3,900 indicates short-term weakness instead of muddling through in a tight range. Especially the sectoral reaction to still retreating yields, is worrying. Yesterday‘s session means a reality check for prior reasonable expectations:
(…) The index is likely to advance, but the engine is going to be tech this time – not value stocks. I view this as a deceptive, fake strength in the bull market leadership passing over to value inevitably next. That‘s why I expect the S&P 500 advance to unfold still, a bit rockier than it could have been otherwise.
Tech faltered yesterday, and neither the other sectors were convincing. Rotation within stocks didn‘t work yesterday or the day before, and that‘s short-term concerning for the stock market bull health – as in, the path ahead would be truly rockier, and accompanied by brief, sharp selloffs such as the one bringing S&P 500 futures to 3,865 moments ago. The bull market isn‘t though over by a long shot – all we‘re going through is a recalibration of the rising inflation – I still stand by my year end call for $SPX at 4200.
It‘s commodities that are under the greatest pressure now, and the copper and oil signals doesn‘t bode well for the immediate future. These are likely starting consolidation of post-Nov 2020 sharp gains – they are no longer frontrunning inflation expectations. This has also consequences for silver, which is more vulnerable here than the yellow metal now.
Monday, March 29, 2021
Building 7 Desktop PC Systems in 14 Hours for Charity in 2001 for Shipment to Cuba / Personal_Finance / Computing
By: HGR
Once upon a time when 2001 was supposed to become a Space Oddessy reality Pentium class cpu computers were deemed to be the gold standard in desktop PC systems, and in that time those who had the knowledge and skill to rapidly assemble such machines were in high premium demand. And so I gave up my time to a local charity that asked me to build 7 working machines from a collection of donated parts, old machines and components that I had bought so that they could be shipped off to a collective in Cuba who were in much need of desktops given the trade blockade that Cuba was under from the US, so that this developing nation could start to join the information age.
Here's the video I made during my 14 hour ordeal, vowing NEVER AGAIN would I agree to build more than 1 computer in any one day, still this was for charity where the container ship was destined to leave Britain's shores for Cuba virtually as soon as the 7 or 8 machines were built and transported off to port during the morning.
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Monday, March 29, 2021
Powell and Yellen Sound Upbeat. Don’t They Like Gold? / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
Both Powell and Yellen testified before Congress. They sounded upbeat on the U.S. economy, but gold’s reaction was weak.What a combo! Both Fed Chair Jerome Powell and the U.S. Treasury Secretary Janet Yellen testified before Congress this week. They spoke about the economic response to the economic crisis caused by the Covid-19 pandemic and the Great Lockdown .
In his prepared remarks , Powell sounded rather hawkish , as he noted that “the recovery has progressed more quickly than generally expected and looks to be strengthening.” As well, during the Q&A session, the Fed Chair seemed to be very confident about the economy and the central bank’s monetary policy . In particular, Powell told senators that 2021 was “going to be a very, very strong year in the most likely case.”
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Monday, March 29, 2021
4 Best Forex Broker Trading Platform Beginners Should Choose / Currencies / Forex Trading
By: Russell_Fenton
The forex market is the largest and hottest market right now as it is open 24 hours a day and five days a week. The way forex works is that you speculate whether one currency pair like EUR is going to go up or down against another currency pair like a US Dollar. However, forex trading gets more complicated once you get down to it. If you are new to the market, you have to keep a few things in mind to help you gain an edge.
On top of learning to trade against the best currency pairs, you must know how to choose from the best Forex brokers. In this article, I am going to highlight the four best forex brokers platforms for beginners so that you know where to start.
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Sunday, March 28, 2021
How to Stop Being Scared or Shaken Out Of Winning Trades / Stock-Markets / Stock Index Trading
By: Chris_Vermeulen
The markets really frightened a lot of people in the last month. We’ve received lots of emails and comments from people wondering what’s happening in the markets and why the deeper downtrend didn’t prompt new trade triggers. Well, the quick answer is “this downtrend did prompt new BAN trade triggers and this pullback is still quite mild compared to historical examples”. Allow me to explain my thinking.
The recent FOMC meeting as well as the expiration of the future contracts usually prompts some broad market concerns. Many professional traders refuse to trade over the 7+ days near an FOMC meeting – the volatility levels are usually much higher and this can throw some trading strategies into chaos. Our BAN Trader Pro strategy handles volatility quite well most of the time.
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Sunday, March 28, 2021
Investors, Speculators, Gamblers, Instigators / Stock-Markets / Financial Markets 2021
By: Kelsey_Williams
Nowadays, it seems that anyone who owns anything fancies themselves to be an investor. However, does buying a fractional unit of bitcoin in an online trading account qualify someone as an investor?
Are fanciful dreams of striking it rich by running with the social media herd the foundation of fundamental investing? Maybe there is more to it than that. Let’s take a look.
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Sunday, March 28, 2021
Gold Mining ETFs: Headed for Their Next Slide? / Commodities / Gold and Silver Stocks 2021
By: P_Radomski_CFA
The mining ETFs (the GDX and GDXJ) have hit resistance and look tired. After their corrective rally, a slide looks promising.
The miners are done correcting and if they were at a water amusement park, would they head for the lazy river? How about the wave pool? Nah… they’d be headed straight for the slides.
If you’ve been waiting for a high-quality sign that the next big move in the precious metals sector is underway – you just got it.
There are days on the markets when nothing happens, there are days when what happens is visible only to some ( like Monday’s session ), and there are days when the market’s signals are crystal-clear – as if the charts were practically screaming at the person examining them. Yesterday, was one of the latter kind of days.
Without further ado, let’s take a look at the key development that we just saw in the precious metals’ world – the big decline in the GDX ETF – proxy for mining stocks.
Sunday, March 28, 2021
Why Retreating Yields Don‘t Lift All Market Boats / Stock-Markets / Financial Markets 2021
By: Monica_Kingsley
Stocks declined but won‘t they run higher next? Tuesday‘s downswing changed precious little, and the Congressional testimony was a non-event. The key happening was in long-dated Treasuries, which rose yet again – the much awaited rebound is here, and brings consequences to quite a few S&P 500 sectors.
The index is likely to advance, but the engine is going to be tech this time – not value stocks. I view this as a deceptive, fake strength in the bull market leadership passing over to value inevitably next. That‘s why I expect the S&P 500 advance to unfold still, a bit rockier than it could have been otherwise. This will hold true for as long as TLT is at least somewhat rising:
(…) technology would recover some of the lost ground on rates stabilization. ...the $UST10Y move has been a very sharp one, more than tripling from the Aug 2020 lows.
Technology though declined yesterday, and so did value stocks. Many markets went through selloffs yesterday, among commodities most notably oil. While nothing has substantially changed, we got a serious whiff of risk-off environment, pertaining precious metals too.
Sunday, March 28, 2021
A Nation of Sheep Ruled by Wolves, Owned by Sheep - Who is Shaking the Jar Part 2 / Politics / US Politics
By: James_Quinn
In Part 1 of this article I documented the never ending false narratives used by those shaking the jar to keep us at each other’s throats. I will now show how 2020 was a turning point in history, with an accelerating decline of our empire in progress.
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Sunday, March 28, 2021
Fed’s Crypto Plans May Turn Bitcoin Bulls into Gold Bugs / Commodities / Gold and Silver 2021
By: MoneyMetals
The globalist push for central bank digital currency is ramping up.
On Monday, Federal Reserve Chairman Jerome Powell spoke at a virtual "Innovation Summit" hosted by the Bank for International Settlements, the central bank for central banks around the world.
Powell aimed his remarks specifically at digital currencies. And he made it clear that Bitcoin and other privately circulating crypto coins should not be allowed to supplant government-controlled fiat notes.
Clearly, Bitcoin’s recent surge to a market capitalization of $1 trillion set off alarms within the global central banking cabal. The prospect of cryptocurrencies becoming widely used in commerce and trade poses an existential threat to the world monetary order.
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Sunday, March 28, 2021
Amazing Investment Options for People Who Will Retire Soon / Personal_Finance / Pensions & Retirement
By: Steve_Barker
Retirement planning is often overlooked. Sometimes, people get so confused and unsure of the options for retirement saving, they forget to invest anything at all. This leaves people scared or panicked in the years leading up to retirement. Does this sound like you? Whether you’ve already saved a little or a lot, it’s never too late to look at your retirement plans and start, change, or top up some investments.
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Friday, March 26, 2021
U.S. Stocks: Here's Evidence of a "Nearly Unprecedented Acceptance of Risk" / Stock-Markets / Stock Market 2021
By: EWI
Penny stocks fever has reached "the highest level since the first three months of 2000"
Penny stocks tend to be highly illiquid. In other words, it's difficult to buy and sell them at favorable prices.
Even so, the lure of low-priced shares is hard for many market participants to resist, especially the novices -- like in 2000, when penny stock trading had reached a fever pitch.
Well, just about the same thing has been going on this year. Here's a Jan. 20 Reuters headline:
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Friday, March 26, 2021
Freedom Fatality of the Fed / Interest-Rates / US Federal Reserve Bank
By: Michael_Pento
In a recent interview, I referred to the Fed as a disgusting institution. I want to explain why I believe that to be the case, as I do not like to disparage anyone or any entity indiscriminately or capriciously—only when absolutely necessary. To be clear, central bankers may not be nefarious in nature, but their product is iniquitous.
Any entity whose very purpose for existence is to destroy markets is inherently disgusting and, in the end, one that ends up being evil. At its core, the Fed is Robin-Hood in reverse; stealing from the poor by destroying their purchasing power to give to the rich by inflating their asset prices. The Fed, along with all central banks, are inherently freedom killers, middle-class eviscerators and economic destabilizers; regardless of stated intentions. If that wasn’t bad enough, the problem now is that the Fed has usurped markets to the point of no return.
Friday, March 26, 2021
After Fed Week – Stock Market What’s Next? / Stock-Markets / Stock Market 2021
By: Chris_Vermeulen
In the first part of this research article, we shared more detail related to the Excess Phase Peak technical pattern that is setting up in the NASDAQ and to highlight the validity of our Gann/Fibonacci Technical research which suggested a peak in the markets may set up sometime after April 1, 2021. We’ve received many questions and comments from our readers and followers related to these articles. Many people seem to believe we are calling for an April 1 market peak based on this research, yet the technical patterns we are highlighting suggest a longer-term market peak may already be setting up.
In this second part of our more detailed “what next” article, my research team and I will highlight exactly why we believe traders and investors need to be prepared for an extended technical topping pattern and how it will likely set up over the next 60 to 90+ days. Let’s continue our research from Part I and go into more detail related to this technical setup.
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Friday, March 26, 2021
Gold Miners: Why Apparent Strength is Just a Facade / Commodities / Gold and Silver Stocks 2021
By: P_Radomski_CFA
Despite everyone saying the bottom is in, and that gold and miners are set for takeoff, the signs still point south. The real question: how low can they go?
Let’s take a look at some price targets for where the GDX and GDXJ mining ETFs might land up.
With the miners attempting to reclaim Pride Rock, it won’t be long until the GDX ETF is singing Hakuna Matata.
Rising U.S. Treasury yields? No problem.
A reinvigorated USD Index? Who cares.
But while strength is often viewed through the eyes of the beholder, the GDX ETF is far from being The Lion King. Sure, its bravery in the face of familiar foes is reason for optimism. However, we’ve seen this movie before. While the recent rally may resemble Mufasa, beneath the surface, the GDX ETF’s tepid price action looks a lot like Simba.
Friday, March 26, 2021
How to Get Started Crypto Mining with Nicehash, Easy Mine Ethereum Desktop PC Step by Step Guide / Currencies / Crypto Mining
By: Nadeem_Walayat
Crypto mania is reaching new heights with the likes of Bitcoin trading and holding above $60,000 which means virtually anyone with a decent enough GPU in their PC can make money from their very own desktop computers. Here is my comprehensive guide of how anyone can get started crypto mining Ethereum in the background with their desktop PC. Where the likes of Nice Hake crypto mining is made EASY, and where you get paid in BITCOIN, and not useless obscure coins. do check out Nicehash to start crypto mining with your desktop PC.
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Friday, March 26, 2021
Scan Computers 1st Time Switch On of Custom 3SX System Build 2021 - Scan.co.uk Review (5) / Personal_Finance / Computing
By: HGR
Ordering a custom built PC from Scan Computers UK, this is video no 5 in this series where we connect up the cables and switch it on for the first time! Will it boot? Will windows start? Is windows activated? What to check on first use, find out in our latest video in this series as we put scan computers 5950x, RTX 3-80, 64gb £3300 monster throuigh it's paces.
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Friday, March 26, 2021
Ultimate Custom Gaming PC Unboxing for Playing Cyber Punk 2077 / Personal_Finance / Gaming
By: Anika_Walayat
Unboxing Anika and Eliza's new ultimate desktop PC gaming system setup to play games from Call of Duty and Cyber punk 2077. Full specs below.
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Friday, March 26, 2021
5 Tips On Hiring A Good Fund Manager / Companies / Investment Funds
By: Mark_Adan
Why hire a fund manager? Should you hire someone to manage your money? Those are two simple questions but critical when dealing with money. You want a working and successful investment plan, a major reason for hiring a fund manager. Many are times; we are torn between winning or losing decisions while investing; a fund manager will assist in financial decisions.A fund manager helps you make progress in your investments; they eliminate stagnation in your investments. At some point, you will need someone to help make sober decisions and execute them at the right time. A busy investor schedule may hinder deciding on the right investment channels; therefore, it is necessary for a professional fund manager.
A fund manager commentary like that of fund manager February commentary - Lowland investment Company summaries the market performance and activities.
Managing our investment may look all that easy, but you need to hire a fund manager at the end of the day. Below are simple tips for hiring a fund manager:
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