Thursday, December 24, 2020

Silver Price Launches Toward Major Technical Breakout / Commodities / Global Debt Crisis 2020

By: MoneyMetals

Precious metals markets are on the move this week.

They got a boost following Wednesday’s Federal Reserve policy statement. Fed officials kept their benchmark interest rate near zero and vowed to continue injecting $120 billion per month into the bond market.

The central bank seemed unconcerned about bubble-like conditions in equity markets. Nothing seems likely to deter it from pursuing more stimulus for the foreseeable future.

The ultra-dovish Fed helped nudge the U.S. Dollar Index down. It broke below 90 on Thursday to record a new low for the year.

Thursday, December 24, 2020

Nvidia’s Chips Have Powered Nearly Every Major AI Breakthrough / Companies / AI

By: Stephen_McBride

 “Within 20 years, machines will be capable of doing anything man can do.”

Take a stab at when this quote is from. It wasn’t this year,  2010, or even during the ‘90s tech boom. It’s from one of America’s top computer scientists: in 1960.

You’ve surely heard about Artificial Intelligence (AI) before. “AI” often conjures up images of intelligent robots taking over the world. You’ll often read that it’s only a matter of time before AI steals all our jobs.

But the idea of humanoid machines is nothing new. It began with the “heartless” Tin Man from The Wizard of Oz. By the 1950s, a generation of scientists and engineers were convinced we’d soon co-exist with clever robots.

Thursday, December 24, 2020

US Fed Recommits to Misleading the Public About Inflation / Economics / Inflation

By: MoneyMetals

Did the Federal Reserve just usher in the next phase of the U.S. dollar’s decline?

On Wednesday, the central bank recommitted to leaving its benchmark interest rate near zero for the foreseeable future.

Fed officials also vowed to keep pumping cash into financial markets.

Following Fed chairman Jerome Powell’s remarks, the wavering U.S. Dollar Index turned down – hitting a fresh new low for the year. Gold gained modestly on the day while silver got a bigger boost to close solidly above $25/oz, promptly heading to $26/oz the day following.

Precious metals markets have been basing out over the past several weeks. They are struggling to attract safe-haven demand amid record runs in stocks and Bitcoin.

Wednesday, December 23, 2020

Upgrade Old PC System for New? GTX 1650 vs GTX 970 , 3600x vs 4790k, Cinebench r20, R15 Scores / Personal_Finance / Computing

By: HGR

Is it worth upgrading your old PC to a new PC, as we put an ageing 6 year old PC 4 core 4790k, GTX 970 up against a system bought just a few months ago from Overclockers UK comprising a 6 core 3600x, GTX 1650 that cost £1000. Will the difference between the two systems justify the expense of buying a new system?

Wednesday, December 23, 2020

Poundland Budget Chirstmas 2020 for Just £20! / Personal_Finance / Money Saving

By: Eliza_Walayat

Like most european countries the UK economy fell off the edge of a cliff in March and looks set to take another economic hit following the second lockdown and ahead of a third which looks set to see Britains 1.2 million pre wuhan chinese virus unemployment rate to double to over 2.5 million as illustrated by thousands of job losses in the retail and hospitality sectors announced each week.

However, with belts tight here we show how you could have got your christmas decorations shop done for Under £20! All thanks to Poundland which unlike most shops remained open during the first and second lockdowns.

Wednesday, December 23, 2020

U.S. Money Reserve on Protecting Your Retirement When Changing Jobs / Personal_Finance / Employment

By: Sumeet_Manhas

The days when an employee stuck with one company throughout their career are largely gone in the U.S. Instead, many workers switch jobs every few years, seeking new opportunities for professional development and salary increases. While a focus on one’s career mobility can be positive, one aspect of such a change is too often neglected—retirement savings. For guidance on how to help protect the savings you have worked hard to earn, we turn to some helpful information via U.S. Money Reserve.

Tuesday, December 22, 2020

Silver Is Still Following Bitcoin Higher / Commodities / Gold & Silver 2020

By: Hubert_Moolman

Previously, I have shown how Bitcoin is leading silver higher, and vice versa. .

This makes perfect sense in these time, since it is all about the US dollar. Assets that offer a “safehaven” from US dollar meltdown will go higher in some sort of related pattern.

Here is an update on that analogue where Bitcoin is leading silver higher (you can find the analogue where silver is leading Bitcoin higher in the previous update):

Tuesday, December 22, 2020

Global Speculation Gone Amok - Stocks Buffett Indicator and Bitcoin / Stock-Markets / Financial Markets 2020

By: The_Gold_Report

Sector expert Michael Ballanger employs the Buffett Indicator and Bitcoin in his latest analysis of the precious metals markets.

"Gambling is a venture without calculation; speculation is a venture with calculation." — Dickson G. Watts

Being a self-professed speculator in the junior mining space for the past forty-odd years, I used to include that quote in every client letter and in every research piece as a means of reminding readers that the art of speculation involves weighing many different but converging data points. That quote was the brainchild of Dickson G. Watts, an exceedingly successful speculator from the late 1800s and former president of the New York Cotton Exchange, whose book "Speculation as a Fine Art and Thoughts on Life" is a must-read for anyone involved in the financial markets.

With today's credit markets trading on the razor's edge of leverage, never has there been a greater need for us to understand a number of critical realities: 1) that the credit markets are the ultimate arbiter of valuation and risk and stocks merely follow; and 2) that historical measurements used to carry predictive value have today been rendered ineffective due to central bank interventions.

Tuesday, December 22, 2020

How Your Smartphone Can Fix America’s Healthcare Crisis / Companies / Healthcare Sector

By: Stephen_McBride

At 30,000 feet in the air, a passenger was suddenly crippled by severe chest pains. The flight attendant called over the loudspeaker, “Is there a doctor on board?” A tall man rose from seat 6C. And the first thing Dr. Eric Topol reached for was his iPhone.

He plugged a credit card-sized heart monitor into the phone and placed it on the woman’s chest. The doctor didn’t need fancy machines to diagnose the problem. An iPhone app showed she was on the verge of a major heart attack.

Topol recommended the pilot make an emergency landing. The passenger was rushed to the hospital and survived.

Tuesday, December 22, 2020

Alarming Developments in GLD ETF Reaffirms Need to Own PHYSICAL Gold / Commodities / Gold & Silver 2020

By: MoneyMetals

The world’s largest gold exchange traded fund (ETF) seems to be having a lot of trouble when it comes to accounting.

The SPDR Gold Trust (GLD) recently appointed its 6th chief financial officer since 2014. And the problem of finding and keeping executives who are willing to certify the Fund’s accounting does not appear to be the only reason for concern at GLD.

The timing of the most recent CFO departure is particularly troubling. Laura Melman left one day prior to the Fund’s financial year end.

Tuesday, December 22, 2020

Final Test For The Stock Market Before Year End / Stock-Markets / Stock Markets 2020

By: Avi_Gilburt

For the almost decade that I have been writing publicly, I have implored you to recognize the importance of market sentiment in determining the direction and turning points in the market.

Yet, I still shake my head when I read articles, or even the comment section to my own articles, as most analysis and comments are so hyper-focused on what the news or other factors will do to the market. And, no matter how many times the market moves opposite to those expectations, the analyst or commenter seems to develop selective amnesia, as they continue on their merry way to yet again analyze the market based upon the same failed perspectives.

Tuesday, December 22, 2020

Maximizing Returns with Minimal Investment / Currencies / Forex Trading

By: Sumeet_Manhas

Monday, December 21, 2020

Overstretch: The Long Shadow of Soaring US Debt  / Interest-Rates / US Debt

By: Dan_Steinbock

If the past year was dominated by the huge human costs of COVID-19, the next few years will be about its economic aftermath, including the alarming rise of US debt. What’s needed is multilateral cooperation - a new 'Grand Alliance.'

On Friday, Congressional leaders failed to secure a bipartisan deal on a $900 billion pandemic relief package. A government shutdown was avoided only with a 2-day extension.

A protracted shutdown would amplify the risks for pandemic escalation and economic crisis, amid the long-awaited vaccine rollout. Bipartisan tensions are compounded by the impending Georgia Senate runoff races in January that will determine control of the chamber in the Congress.

Monday, December 21, 2020

The Importance Of Having A Good Website For A Business / Companies / SME

By: Sumeet_Manhas

Nowadays, instead of using a phone book to find a service, products or information most people search online. Whether a business is small, medium or large experts believe that every business needs a website. Even if the business doesn’t rely on online sales or services or it's just a small local brick and mortar business. There are very little downsides to having a business online. Having a website may help you to increase your business, sometimes even double. When somebody searches for products, services and information business owners want their website to show up at the top of search engines and for the design of the website  to look good.

Monday, December 21, 2020

Children Decorating Christmas Tree with Baubles and Lights Fun / Personal_Finance / Travel & Holidays

By: Eliza_Walayat

It is time to decorate your Christmas Tree! Watch this video while you and your loved ones decorate your tree and have lots of FUN!! How will it turn out as we demonstrate it does not need to cost a fortune to decorate a christmas tree that can be done well on a money saving budget.

Monday, December 21, 2020

Dell S3220DGF 32 Inch 165hz Curved Gaming Monitor Review Connecting and First Use / Personal_Finance / Computing

By: HGR

Our new 32 inch Dell S3220DGF VA Panel Curved Screen Gaming Monitor has been delivered! Bought from Amazon (https://amzn.to/2Io4MHn). In this video we go through the process of connecting the monitor and turning it on for the first time, and see if it lives up to our high expectations or not. So find out exactly what the Dell monitor is like when you turn it on.

Sunday, December 20, 2020

A Bigger Picture View of HUI Gold Stocks / Commodities / Gold and Silver Stocks 2020

By: Gary_Tanashian

As Huey pushes his cart of rocks out of the dark and up the hill…

In NFTRH we did a lot of work managing the oncoming correction, the valid reasons behind it (these reasons are beyond the scope of this post, but don’t listen to the perma-bulls, they were more than valid and readable in advance), the now nearly 5 month old correction (technically still intact) and more recently the improved risk vs. reward after HUI hit our long-standing ‘best’ target of 280 .

There is another downside target at 260 but it may just be time for the drudgery (AKA consolidation/correction to bleed out the excesses) to end. The answer to confirm that will be left to ongoing work we do on shorter time frames, including daily charts in the weekly report and in-week updates. But for this post, I want to take a perspective look at HUI’s weekly chart.

Sunday, December 20, 2020

5 Things To Consider Before Hiring A Credit Repair Company / Personal_Finance / Credit Cards & Scoring

By: Steve_Barker

Are you planning to secure a loan or to buy your first home? When you are planning to do these things, your credit score is an important factor. Even when you are investing or saving up, your credit score is directly affected.  

A good credit standing is your ticket to getting that big plan into a reality. Poor credit standing won’t allow you to qualify for a credit card application or a mortgage application. Your credit score directly affects your financial security. So, if you are having a hard time making your credit standing look good, you may opt to hire a credit repair company. Rebuilding your credit score takes time and a lot of theoretical knowledge, which can drain you out or gets you burnt out. You would not want to go through all the stress in trying to level up your financial standing. 

Sunday, December 20, 2020

Are Your Budgies Overweight? How to Weigh Your Budgie, Signs of a Fat Parakeet / Personal_Finance / Animals & Pets

By: N_Walayat

It's one year on since I last weighed our budgies, so a quick step onto the scales shows that both budgies have piled on a ton of weight in just one year! Though are they overweight or not, after all the key test is if budgies can fly or not.

Sunday, December 20, 2020

Buy 256gb Oculus Quest 2 NOT 64gb. Total FREE Storage Space Capacity Explained / Personal_Finance / Virtual Reality

By: HGR

Why Oculus Quest to Buy? The budget 64gb or the 256gb version. Yes the only difference between the 2 is extra storage space that Oculus charges a whopping £100 for! But do you really need the extra space or can you save yourself £100 / $100 by buying the 64gb model over the 256gb. Watch this video before you make a mistake and buy the WRONG model!