Sunday, August 30, 2020
3 Truths That Will Define This 3-Part US Economy / Economics / US Economy
The economy recovery, when it comes—and it will—is going to be uneven.
In some parts of the economy, it's already starting. Other parts will be in what can only be described as a depression for quite some time. And still others are going to take off like a rocket ship.
This three-part economy won't fit compactly into the V- or U-shaped recovery that some are predicting (read: hoping) for. More likely, it will look like a "K."
Whether it's K-shaped or some other to-be-determined letter, there are three truths that will define this economic recovery:
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Sunday, August 30, 2020
FOMC Minutes Push Gold Price Down / Commodities / Gold & Silver 2020
July FOMC minutes hit the gold prices. But what’s next for the yellow metal?The key event last week was the publication of the minutes from the FOMC meeting in July. After their release, the U.S. dollar jumped, while the price of gold dropped, as the chart below shows. Why? Well, the Fed officials disappointed investors who expected some clues about upgrading the U.S. central bank’s forward guidance in September. In other words, the Fed failed to provide any new guidance as to the interest rate expectations.
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Sunday, August 30, 2020
Powerful Deflationary Winds" Include a "Bust in Commodity Prices / Commodities / Commodities Trading
Elliott Wave International's analysts have posited that the next big global monetary event will be deflation, not inflation.
The writer of an August 18 Telegraph article also sees "powerful deflationary winds."
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Saturday, August 29, 2020
12 Essentials for the Home Office / Personal_Finance / SME
Now that most of us have accepted that working from home is a likely arrangement for the near future, it might be time to make sure your home space has everything it needs to run your business successfully. In order to be as productive and content as possible, we all have a certain number of lifestyle needs to be met. It is worth taking some time to ensure that the office is just right to make working from home comfortable, healthy and enjoyable.
Due to COVID-19 restrictions, many business owners working from home have been struggling to make the switch to remote sales or keep pace with online demands. Many businesses would be lost without IT support to take off the pressure. For advice on this, How to Select the Best IT Support for Your Startup Company | Computers In The City is a useful guide for companies that need external assistance.
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Saturday, August 29, 2020
Digital Transformation During the Coronavirus Pandemic / Companies / Internet
Digital transformation has never been so appealing for businesses affected by social distancing measures and other health restrictions. In fact, many digital practices have been the only possible option to ensure operations can continue. Organisations around the world have been forced to allow their staff members to work remotely, which has demanded a greater reliance on technology. Without the use of video conferencing, online tools and VPNs, working from home would be limited or the security compromised.
Businesses of all sizes will usually find that external assistance is needed to ensure IT systems are always running smoothly. With the help of a great managed services provider, inefficiencies can be reduced and badly timed bottlenecks avoided.
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Saturday, August 29, 2020
How to Choose Best Budgie / Parakeet Cage for Your Birds 2020 / Personal_Finance / Animals & Pets
Apparently our existing cage is tad bit too small,. so here are the steps we went through to ensure how to get the best sized cage for your budgies / parakeets, good for your birds and your available space.
After much effort we finally narrowed our choice down to 2 cages either of which would do, both of which can be bought off Amazon.
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Friday, August 28, 2020
The US Economy Needs More Than a Vaccine / Economics / Coronavirus Depression
The hype and hope being promulgated by Wall Street and D.C. is that the imminent and well-advertised approval of vaccines will bring the economy back to what they characterize as its pre-pandemic state of health. However, even if these prophylactics are very efficient in controlling the pandemic and lead the economy back to “normal”, the state of the economy was anything but normal and healthy prior to the Wuhan outbreak.
The year over year change in GDP in the fourth quarter of 2020 from the trailing 12 months was just 2.3%. Admittedly, this wasn’t indicative of a terrible economy; but it also was very far from what many have portrayed as the best economy anyone has ever seen on the planet. Most importantly, to even get to that rather pedestrian level of just trend GDP growth for the year, the Fed had to slash interest rates three times in the five months prior to the start of 2020. And, please also remember that the Fed felt it necessary to return to Quantitative Easing (QE) in order to re-liquify the entire banking system and save the markets from crashing.
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Friday, August 28, 2020
Freedom and Sweden’s Constitution / Politics / Pandemic
In most countries, the tool of choice to “flatten the curve” of the coronavirus pandemic is the lockdown. Not in Sweden, which has chosen a rather laissez‐faire approach. The borders have been kept open, and Swedes are free to travel within the country, visit bars and restaurants (with some restrictions), parks, hairdressers, gyms and most other places.
The cornerstone of the Swedish response is its constitution’s most important part, the Regeringsform. Chapter 2, Article 8 states: “Everyone shall be protected in their relations with the public institutions against deprivations of personal liberty. All Swedish citizens shall also in other respects be guaranteed freedom of movement within the Realm and freedom to depart the Realm.” The Regeringsform makes exceptions only for prisoners and military conscripts, and there is no provision for a peacetime state of emergency. While the constitutions of neighboring Finland and Norway also guarantee freedom of movement, neither juxtaposes that provision with a broad protection of “personal liberty.”
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Friday, August 28, 2020
Gold Miners and Inflation / Commodities / Gold & Silver 2020
I want to try to answer a subscriber’s question as clearly as I can because it really does seem to be more confusing than it actually is. It’s always made sense to me but I understand there is a promotion machine out there selling viewpoints and in the gold sector especially, it is often wrong-headed, lazy analysis using tired assumptions.
Read full article... Read full article...“I do have a couple of questions that relate to gold/gold miner stocks that I can’t seem to get my head around. No hurry on an answer, just when you get time: From time to time, you have mentioned that inflation would send the gold bugs scurrying for cover. I had always thought that gold would rise during inflationary periods so I can’t seem to get why inflation would not be good for gold. And on the middle ground; how would gold likely act if we experience a prolonged period of stagflation?”
Friday, August 28, 2020
Stock Markets and the History Chart of the End of the World (With Presidential Cycles) / Stock-Markets / Stock Markets 2020
I’ve been posting exclusively for the last 2 months on the PM complex as I know that is most of our members main focus. Since the PM complex is now in consolidation mode I would like to take this time to show you the other bull market that has been taking place in the US stock markets. It is important for me personally to be on record as early as possible because it means nothing after the fact. The easiest trade to make is the one you do in hindsight, after the fact, as many like to say, I seen that move coming a mile away, again after it’s already half over.
I got on record on June 22nd of this year when I made a small post on the, Markets Update, that I do at the end of each day.
June 22nd post:
Before we look at today’s charts I would like to give you a short answer on why I’m taking on so many positions in the stock markets. The short answer for now is that I recently had an epiphany moment similar to the one I had on the US dollar back in 2014 when I discovered that massive 11 year base that was a fractal to the one that formed previously that most of you have seen many times.
Currently I’m seeing some patterns setting up in the stock markets that could lead to a very powerful rally the likes of what we’ve never seen before. I realize that many think I’m living in a fantasy land by being bullish on the stock markets which is fine because I don’t want to run with the herd. I want to go where no man has gone before. That sounds like a movie title.
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Friday, August 28, 2020
The Application of Blockchain Technology in the COVID-19 Response / Companies / BlockChain
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Friday, August 28, 2020
Mogo (MOGO) Stock: The Opportunity Is Hard to Ignore / Companies / Investing 2020
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Thursday, August 27, 2020
What the Covid-19 Economic Recovery Really Looks Like / Economics / Coronavirus Depression
The media and politicians like to talk about "the economy" as a general term. These days, there is a lot of talk about it having V- or U-shaped recovery.
But within the economy right now are several different economies, and they won't see recovery at the same time or rate. So if we have to choose a letter for what the recovery will look like, maybe it should be a “K.”
That's because some will go up while others go down. This is already happening and apparent, as Heather Long illustrates for The Washington Post:
"This dichotomy is evident in many facets of the economy, especially in employment. Jobs are fully back for the highest wage earners, but fewer than half the jobs lost this spring have returned for those making less than $20 an hour, according to a new labor data analysis by John Friedman, an economics professor at Brown University and co-director of Opportunity Insights."
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Thursday, August 27, 2020
Precious Metal Bullion Markets Catch a Breath / Commodities / Gold & Silver 2020
Gold bugs may finally be taking their summer (stay)vacation. After months of frenetic activity in the bullion markets, physical buying and selling slowed a bit last week.
The respite, if it persists, could be welcome news for investors who have been frustrated by product scarcity and higher premiums.
The COVID-19-associated economic troubles have not been resolved, but those stories aren’t commanding the level of attention they did in recent weeks.
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Thursday, August 27, 2020
Are You Positioned for a Copper Price Explosion? / Commodities / Copper
Independent financial analyst Matt Badiali presents the investment case for copper.
Copper will be the next metal to break out in 2020, and it's all about demand.
The price of copper just broke through $3.00 per pound. The red metal's price rose 45% so far in 2020. But that is still well below its 2011 high of $4.50 per pound.
That could change in the second half of this year.
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Thursday, August 27, 2020
What The 1987 Crash Reveals About Silver Today / Commodities / Gold & Silver 2020
The 1987 stock market crash occurred after a period with a similar build up to the 2020 crash. After being stuck in a range for a number of years in the 1970s and the 2000s, the Dow managed to break higher after a significant gold peak in 1980 as well as 2011 respectively. See the chart below:
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Thursday, August 27, 2020
$10,000 Gold – Or A Triple Top? / Commodities / Gold & Silver 2020
Predictions for gold’s price are based on seemingly sound fundamentals and logic; but the fundamentals are incorrect and presented in unrealistic context. Here are some things to keep in mind when you see any predictions for the price of gold.
GOLD IS NOT AN INVESTMENT
Gold, itself, is not an investment. Gold is real money and the original measure of value for everything else.
A higher gold price is inversely correlated to a decline in the purchasing power of the US dollar. This, can be seen historically on the chart (source) below…
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Thursday, August 27, 2020
High-Flying COVID-19 Stocks Sectors May Be Setting Up For A Market Correction / Stock-Markets / Stock Markets 2020
- KEY HIGHLIGHTS: COVID-19 has hit many retail and commercial sectors hard, but boosts Technology and Automobiles.
- The NASDAQ 100 Technology Sector Index suggests the 100% Measured Move is complete.
- NASDAQ BNCHMK Computer Hardware Index has reached a lofty 150% upside Measured Move expansion.
- US Automobiles Index currently nearing a 135% upside Measured Move.
- Will these trends continue, or are they a temporary “transitional process”?
Thursday, August 27, 2020
The Rise And Rise Of Bitcoin / Currencies / Bitcoin
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Wednesday, August 26, 2020
Teachers Unions Covid-19 Fears, Should UK Children Go Back to School September 2020? / Politics / Educating Children
Boris Johnson's clueless moronic government advised by vested interest Scientists who's primary focus is on feather their own nests hence repeatedly giving what turns out to be BAD advice is supplemented by teachers unions who are playing their own insidious game using children and pawns in their one upmanship against the Tory government all which has meant that the teachers IGNORED government instructions to OPEN all schools as of Mid June! Latest u-turn from out moronic government is for optional face masks to be worn in schools leaving the decision upto individual schools. Though reality is the children are more intelligent about the virus than the government, schools AND teachers!
What Britain's suffering children cannot afford is for the same insidious forces to disrupt and delay the opening of all schools in September 2020!
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