Monday, January 18, 2021
Gold/SPX Ratio and the Gold Stock Case / Commodities / Gold and Silver 2021
By: Gary_Tanashian
Gold/SPX indicated the excess and the gold miners are correcting that excess
In and around the August time frame we noted (in NFTRH) high risk to the gold miners because the price of HUI had gotten a million miles ahead of gold’s ratio to the stock market. That was typical bit in the mouth enthusiasm by the gold “community”, as even Warren Buffett bought a gold stock (and signaled a top).
This chart (and another I have like it) revealed to us in real time the excessive condition. Could the miners have just kept going, into a bubble of their own? Sure, but very unlikely. Amid the bubble making elsewhere gold, silver and the miners are doing the right thing… and they are doing nothing that they did not do several times in the bull market circa 2001-2007. Those bull market grinds were interminable, but ultimately gave way to grand new highs when the healthy corrective work was complete.
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Monday, January 18, 2021
More Stock Market Speculative Signs, Energy Rebound, Commodities Breakout / Stock-Markets / Financial Markets 2021
By: Troy_Bombardia
More speculative signs
Speculative signs keep piling up. Contrarian investors and traders have focused on surging penny stocks and micro-cap stocks in recent days. The smallest of small cap stocks are now more than 40% above their 200 day moving average! The last time this happened was in February – March 2000, near the peak of the dot-com bubble.
*This is the Dow Jones Micro-Cap Index, which is the smallest 50% of the Wilshire 5000 index:
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Monday, January 18, 2021
Higher Yields Hit Gold Price, But for How Long? / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
The price of gold remains at $1,850, and the key drivers are higher bond yields and a stronger risk appetite.Last week, the yellow metal tanked below $1,900 again, and it hasn’t rebounded since the plunge – instead, the price of gold has stayed at around $1,850.
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Monday, January 18, 2021
Some Basic Facts About Forex Trading / Currencies / Forex Trading
By: Sumeet_Manhas
There are some interesting facts that you may not have heard before about currency market and forex trading.
Forex or FX is short for the foreign exchange market. It is a global currency market where one can exchange national currencies against each other. For example, if you have a $100, you can exchange it to EUR, GBP, or just about any other currency based on the rates of the exchange.
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Sunday, January 17, 2021
Custom Build PC 2021 - Ryzen 5950x, RTX 3080, 64gb DDR4 Specs - Scan Computers 3SX Order Day 11 / Personal_Finance / Computing
By: HGR
It's now 11 days since I placed my order with Scan Computers UK (Scan.co.uk) for the best spec for 2021 and beyond, a Ryzen 5950x, Asus RTX 3080, 64gb ram etc.. Full specs in the video and below. Anyway we all know demand is high and supply is low, so where does my custom build order stand in terms of build and delivery expectations as a guide of what to expect when ordering a custom built PC in January 2021 from likely most custom builders and not just Scan.
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Sunday, January 17, 2021
UK Car MOT Covid-19 Lockdown Extension 2021 / Personal_Finance / Motoring
By: N_Walayat
My car was due for an MOT on 26th January so I logged into https://www.gov.uk/check-mot-history to confirm the expiry date and found that it had once more been extended by several months. Find out if this is part of a new 2021 lockdown extension being rolled out to cars as they approach expiry or something else altogether in my latest covid-19 video.
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Saturday, January 16, 2021
Why Nvidia Is My “Slam Dunk” Stock Investment for the Decade / Companies / AI
By: Stephen_McBride
What was the most important financial event of 2020? Most folks would tell you it was the coronavirus pandemic and the economic devastation caused by government lockdowns.
But that’s wrong. For investors, the most life-changing thing that happened last year has to do with computer chips. In 2020, for the first time ever, the value of the computer chip industry surpassed that of the oil industry. The 30 largest semiconductor companies are now worth $2.5 trillion combined. Compare that to $1.7 trillion for the 30 largest oil firms.
This sent an important signal to investors. Oil is no longer the most important resource is the world. Computer chips are. Longtime RiskHedge readers know computer chips, also called semiconductors, are the “brains” of electronics.
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Saturday, January 16, 2021
Three Financial Markets Price Drivers in a Globalized World / Stock-Markets / Financial Markets 2021
By: P_Radomski_CFA
Do you want to know how gold will be doing soon? Or the USDX? You have to look at the German and French economies. You may ask “What? How can they be tied together?” Well, the globalization of markets is one of the core foundations of the modern world. With everything interrelated, nothing in economics can be examined in a vacuum state. That includes the three precious metals price drivers: stocks, yields and currencies.
The EUR/USD currency pair is a perfect example of this interconnectivity. Being the most popular and most traded currency pair in the world, the EUR/USD is influenced by many factors, including the price action in the USD Index as well as the strength of the European and American economies at any given time. The same level of interconnectedness can be applied to the other price drivers.
Let’s take a fundamental look at stocks, yields and currencies.
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Saturday, January 16, 2021
Sheffield Turns Coronavirus Tide, Covid-19 Infections Half Rest of England, implies Fast Pandemic Recovery / Local / Sheffield
By: N_Walayat
Hope you had a great start to 2021, 2020 the year of the Pandemic has finally coming to an end. However the chinese virus is not done with reeking havoc on the worlds population, at least in western nations with their ageing populations that for the likes of Italy stand at an average age of 45 against developing nations such as Pakistan with an average age of just 22 years which at least goes some way to explain why the covid crisis is just not as bad as it is in the West. Though India with an average age of 26 seems to be suffering that bit more than Pakistan is so this anomaly could be down to -
a. A weaker strain of the virus.
b. Less testing so most patients with covid are unrecorded much as was the case in the West during the March / April first wave of the chinese virus.
What about Britians fifth largest city Sheffield, where do we stand in this final pandemic wave catastrophe at the start of 2021?
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Friday, January 15, 2021
Covid and Democrat Blue Wave Beats Gold / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
What a week! First gold soared to almost $1,960, but then its price (London P.M. Fix) plunged to $1,863 on January 8, as the chart below shows.This is quite strange (and bearish) behavior, given what happened last week. First, there were violent pro-Trump protests in Washington D.C. The rioters stormed the U.S. Capitol. During these riots, five people died. Given the chaos in the capital, gold, which is a safe-haven asset , should shine.
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Friday, January 15, 2021
On Regime Change, Reputations, the Markets, and Gold and Silver / Commodities / Gold and Silver 2021
By: The_Gold_Report
Sector expert Michael Ballanger ruminates on how the storming of the U.S. Capitol has affected both America's reputation and the precious metals markets, as well as on the value of "value."
The events of this week are dominating the news cycle, with a sitting president days away from being replaced while Congressional and Senatorial leaders debate whether he should be impeached immediately.
If I were having a chat with Mr. Trump, I would advise him to refrain from reading his own press clippings because they will only offer you glimpses of past glory and never reveal the reality of the moment. It's like that great story where Gordie Howe asks a hungover rookie to pick up his game, to which the rookie replies, "I had four goals last night; I can afford a night off." Gordie placed his size fifteen hand around the kid's neck, slowly squeezing, and said "Son, you are only as good as your last shift." Trump should have been on the bench to hear that.
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Friday, January 15, 2021
US Coronavirus Pandemic Final Catastrophe 2021 / Politics / Pandemic
By: Nadeem_Walayat
Hope you had a great start to 2021, 2020 the year of the Pandemic has finally coming to an end. However the chinese virus is not done with reeking havoc on the worlds population, at least in western nations with their ageing populations that for the likes of Italy stand at an average age of 45 against developing nations such as Pakistan with an average age of just 22 years which at least goes some way to explain why the covid crisis is just not as bad as it is in the West. Though India with an average age of 26 seems to be suffering that bit more than Pakistan is so this anomaly could be down to -
a. A weaker strain of the virus.
b. Less testing so most patients with covid are unrecorded much as was the case in the West during the March / April first wave of the chinese virus.
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Friday, January 15, 2021
The World’s Next Great Onshore Oil Discovery Could Be Here / Companies / Oil Companies
By: OilPrice_Com
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Thursday, January 14, 2021
UK Coronavirus Final Pandemic Catastrophe 2021 / Politics / Pandemic
By: Nadeem_Walayat
Hope you had a great start to 2021, 2020 the year of the Pandemic has finally coming to an end. However the chinese virus is not done with reeking havoc on the worlds population, at least in western nations with their ageing populations that for the likes of Italy stand at an average age of 45 against developing nations such as Pakistan with an average age of just 22 years which at least goes some way to explain why the covid crisis is just not as bad as it is in the West. Though India with an average age of 26 seems to be suffering that bit more than Pakistan is so this anomaly could be down to -
a. A weaker strain of the virus.
b. Less testing so most patients with covid are unrecorded much as was the case in the West during the March / April first wave of the chinese virus.
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Thursday, January 14, 2021
Here's Why Blind Contrarianism Investing Failed in 2020 / Stock-Markets / Investing 2020
By: EWI
There is only one instance when the investing crowd is right
Yes, there are many times when the market's Elliott wave structure suggests that an investor should take a position "against the crowd," or put another way, be a contrarian.
Prime examples are at market bottoms and tops.
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Thursday, January 14, 2021
US Yield Curve Relentlessly Steepens, Whilst Gold Price Builds a Handle / Stock-Markets / Financial Markets 2021
By: Gary_Tanashian
Another week, another yield curve steepener and continuation of the trend that began in August, 2019.
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Thursday, January 14, 2021
NEW UK MOT Extensions or has my Car Plate Been Cloned? / Personal_Finance / Motoring
By: N_Walayat
My car is due for an MOT in a fortnight so I logged in to confim the date to find it had been extended by 10 MONTHS! All the way to November 2021! Wow! Is this a new covid-19 MOT extention or have I uncovered some criminal activity involving my car and it's number plate, find out in this video as I dig deeper.
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Thursday, January 14, 2021
How to Save Money While Decorating Your First House / Housing-Market / Home Improvements
By: Submissions
Decorating a house can be very expensive and challenging due to the initial inversion made. Because of this, the house often remains empty and gloomy for months, which sometimes turns into years, without its owners being able to give it a touch of their personality and bring it to life.
From the colors of the furniture to the design of the curtains or the types of pictures we decide to hang on the walls, decoration says a lot about the family who lives in the house. Decorating can turn a house into a real home and make it part of who we are. This is why we want to make it easier for you and give you some tips on saving money while decorating your first home.
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Thursday, January 14, 2021
Car Number Plate Cloned Detective Work - PY16 JXV / Personal_Finance / Motoring
By: HGR
Woooow! Looks like my car number plate has been cloned because I went to get it MOT'd and someone had already MOT'd it a couple of months earlier!
Here's the detective work I did to track down exactly what happened when my car was cloned.
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Thursday, January 14, 2021
Big Oil Missed This, Now It Could Be Worth Billions / Companies / Oil Companies
By: OilPrice_Com
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