Tuesday, July 21, 2020
Gold During Coronavirus Recession and Beyond / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
It’s official now! On June 8, the Business Cycle Dating Committee of the National Bureau of Economic Research stated that economic activity in the United States had peaked in February 2020 (and in Q4 2019, when it comes to the peak in quarterly economic activity), marking the start of a recession. The peak also designates the end of the expansion that began in June 2009 and lasted 128 months, the longest in the history of business cycles dating back to 1854.How did gold behave during the last U.S. economic expansion? Let’s look at the chart below. As one can see, a lot happened in the gold market during 2009-2020 period. Initially, the yellow metal rallied until 2011, doubling its price from about $900 to $1,900 in September 2011.
Read full article... Read full article...
Tuesday, July 21, 2020
US Election 2020: ‘A Major Bear Market of Political Decency’ / ElectionOracle / US Presidential Election 2020
By: John_Mauldin
I know many of you are wondering what happens if Joe Biden wins the 2020 presidential election? What happens if Donald Trump wins?
So, I called my friend Doug Kass to basically “wargame” the next 12 to 24 months. He’s a veteran trader and investor, one George Soros tried to hire on several occasions. So, when he has something to say, I listen closely.
Doug and I went back and forth on a few issues, but the bottom line is the same: We are in for a very rough ride.
Read full article... Read full article...
Tuesday, July 21, 2020
Summertime Sizzle for Gold and Silver / Commodities / Gold & Silver 2020
By: MoneyMetals
Summer doldrums? Not for precious metals markets!
In early July, gold and silver each broke out to fresh multi-year highs. The yellow metal is within striking distance of new all-time highs and the headline worthy figure of $2,000/oz.
The white metal, meanwhile, has a lot of catching up to do. And as it does, the gains in percentage terms could be explosive.
Silver has already packed on 60% since its March panic-selling low. Importantly, it has shown leadership by narrowing its historically large discount to the gold price.
Read full article... Read full article...
Tuesday, July 21, 2020
Overclockers UK Custom Built PC Review - Delivery and Unboxing (3) / Personal_Finance / Computing
By: HGR
The big day has finally arrived when our OverClockers UK custom built £1,000 PC is to be delivered. Find out what to expect in terms of communications, delivery and of course unboxing, how the PC is packaged and what it comes with in our latest video in buying a custom built from Overclockers UK series.
Read full article... Read full article...
Tuesday, July 21, 2020
How to Tell Your Young Budgies Gender, Male or Female? / Personal_Finance / Animals & Pets
By: Anika_Walayat
Virtually every budgie being sold in the pet shops are less than 3 months old, which means the usual brown nose / purple nose test for whether a budgie is male or female is not going to work. However, this video explains who you can increase the odds of selecting a budgie of the right gender, so that you end up with a male and female budgie if that is what you are looking for.
Read full article... Read full article...
Monday, July 20, 2020
Will Coronavirus Vaccines Become a Bridge to Nowhere? / Politics / Pandemic
By: Michael_Pento
The monthly U.S. budget deficit for June 2020 was a heart-stopping record $864 billion. For reference, last year's deficit for all of fiscal 2019 was just under $1 trillion. In other words, the June deficit was almost as much as the entire amount of red ink spilled one year ago. This year will see the worst annual amount of fiscal hemorrhaging ever—and by a whole lot. The figure will be at least $4 trillion in total, which is $2.6 trillion more than the peak suffered under the Great Recession. One has to imagine that with the Department of Labor reporting, there are now 32 million people collecting unemployment insurance as of June 27th--the amount of additional debt continues to pile up fast.
Read full article... Read full article...
Monday, July 20, 2020
Stock Market Time for Caution? / Stock-Markets / Stock Markets 2020
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: For now, the best guesstimate is that we are still in the bull market which started in 2009.
SPX Intermediate trend: We should be approaching an important high, with confirmation coming over the next few days.
Analysis of the short-term trend is done daily with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
Read full article... Read full article...
Monday, July 20, 2020
ClickTrades Review - The Importance of Dynamic Analysis and Educational Tools in Online Trading / InvestorEducation / Learn to Trade
By: Justin_Weinger
During challenging periods as recent months have been, trading the financial markets needs to be done with dynamic analysis and with the assistance of proper educational tools. We’re living in unprecedented times, so we need to be minded about how assets might behave in the long run.
Fully aware of its customers’ need for such resources in order to have a better in-depth view of market conditions, ClickTrades had developed a comprehensive trading offer, designed to help traders navigate the volatile behavior of prices.
ClickTrades is a reputable International trading brand owned by KW Investments Limited, authorized and regulated by the Seychelles FSA. It provides access to 2,100+ instruments (CFDs on FX, shares, blends, indices, commodities, cryptocurrencies, bonds, and ETFs) as well as an innovative trading software compatible with any device, and multiple trading tools like Trading Central.
Read full article... Read full article...
Monday, July 20, 2020
US Housing Market Collapse Second Phase Pending / Housing-Market / US Housing
By: Chris_Vermeulen
In this second part of our research into what we believe is the US pending real estate collapse, we’ll explore more data supporting our expectations. In the first part of this article, we highlighted the Case-Shiller data showing home price levels had already exceeded 2006-07 levels and how earning levels have collapsed after the COVID-19 virus event. Our research team believes thee extremely high price levels, combined with the uncertainty of future earnings, unemployment, layoffs, and other economic contractions will result in a late 2020 or early 2021 shift in the residential real estate market.
We already know that commercial real estate has experienced one of the worst declines in decades. Delinquencies have skyrocketed and thousands of US businesses have entered bankruptcies. Main street and consumer services sectors will likely continue to feel the pain related to the post-COVID-19 economy for many months still. The question before all investors should be “how will the price levels reflect the changes in earning and economic data throughout this transition?”
Read full article... Read full article...
Monday, July 20, 2020
Capitalising on the AI Mega-trend / Companies / AI
By: N_Walayat
Machine Intelligence has become a broad church that has fragmented or branched off into a myriad of sectors and the number keeps growing each year. Many years ago I broke the machine intelligence mega-trend down into 10 key sectors to invest in.
Read full article... Read full article...
Monday, July 20, 2020
Getting Started with Machine Learning / InvestorEducation / AI
By: N_Walayat
Of course investing in the AI stocks is just ONE means of profiting from the exponential machine learning mega-trend. Another way that everyone should consider is to LEARN to program and train neural nets which these days is a LOT easier to do than was the case 10 years ago!
No, you don't need to rush out and invest in a $15,000 3990x system with 4 Titan GPU's and 256gb of ram to get started with machine learning.
Read full article... Read full article...
Monday, July 20, 2020
Why Moores Law is NOT Dead! / Companies / Computing
By: N_Walayat
For as long as I can remember the argument has been that Moores Law (doubling in cpu processing power every 2 years) was always just about to end due to the inability to shrink the cpu dies further and thus an end to exponential increase in processing power that is usually measured in cpu transistor count , I did not agree with this 5 years ago when I first started writing about the exponential AI mega-trend where to date it has not turned out to be true on either transistor count or the COMPUTE power basis which is what people should actually be focused upon, after all that is what one actually utilises COMPUTE POWER.
Read full article... Read full article...
Sunday, July 19, 2020
Help the Economy by Going Outside / Economics / US Economy
By: Patrick_Watson
COVID-19 cases are growing fast in large parts of the US. The same folks who said the virus would just go away now say not to worry because fewer people are dying.
A lower mortality rate helps, but it’s still too high. The sheer number of sick people is straining hospital capacity some places. Viruses don’t care what anyone thinks; they just spread until something stops them.
The economy can’t recover if people fear infection everywhere they go. We need to balance public health and economic necessity.
Fortunately, scientists are learning how to reduce risk with fewer economic side effects.
Read full article... Read full article...
Sunday, July 19, 2020
Stock Market Fantasy Finance: Follow the Money / Stock-Markets / Stock Markets 2020
By: The_Gold_Report
Sector expert Michael Ballanger takes a look at the latest moves in the financial and precious metals markets, and updates his investment strategy moving into late summer.
I've only just returned from the majesty of Georgian Bay, where the first fishing derby of the season had me summarily trounced by my female partner 12 to 5, with most of her catches in the 1- to 2-pound category and mine barely larger than the lure that attracted them.
Adding to this humiliation was that, despite that I have harangued incessantly about the urgency of "setting the hook" once you get a strike, I lost four 1-pound-plus bass within three feet of the dinghy by failing to properly execute that about which I constantly lecture.
Read full article... Read full article...
Sunday, July 19, 2020
Did the Stock Market Bubble Just Pop? / Stock-Markets / Stock Markets 2020
By: Doug_Wakefield
It has been 18 months since I closed Best Minds Inc. Today I am teaching math. I love math because even when opinions appear totally wrong, math is still based on proofs.
So let’s prove that we are in a massive financial bubble that today, may have finally popped, even with all the “help” from central planners of market manipulation.
Read full article... Read full article...
Sunday, July 19, 2020
Quick Souring of the S&P 500 Stock Market Mood / Stock-Markets / Stock Markets 2020
By: Paul_Rejczak
We got that extension of Friday's rally on Monday, as I called for. Vaccine hype news. Good for bulls with tight exit orders – I managed to take a 55-points profit off the table. But big tech (think Microsoft, Amazon) suffered with talk of its bubble rising, U.S. – China tensions increased, and California sweepingly rolled back its reopening.
Spooky stuff for stocks, and they tanked. The brightening outlook I discussed after Friday's session, didn't last all that long. But is the selling over now, or we better brace for some more?
Read full article... Read full article...
Sunday, July 19, 2020
The Six-Year Jobs Recession / Economics / Coronavirus Depression
By: John_Mauldin
Most of us work for some form of paycheck, even the self-employed. Few subsist on their own efforts. Even retirees, politicians, and welfare recipients live off someone’s labor, if not their own.
Savings, if you have any, are the result of past labor. That makes a job shortage problematic for everyone, not just the jobless.
The June US employment report showed some welcome improvement. Businesses brought back many workers as parts of the country reopened. That’s great but it was only a start. We need several more months like that, and it’s not at all clear they are coming.
To be fair, there isn’t a lot of clarity when we look back at past data, either.
Read full article... Read full article...
Saturday, July 18, 2020
Silver Demand Exploding! / Commodities / Gold & Silver 2020
By: Zeal_LLC
Silver investment demand is exploding in recent months, skyrocketing higher in wildly-unprecedented fashion! That has catapulted silver sharply higher since mid-March’s COVID-19-lockdown stock panic. Accelerating even in this usually-weak summer season, the massive capital inflows deluging into silver show no signs of abating. This is very bullish for silver, yet most traders remain unaware it is happening.
While silver prices are fairly-widely followed, the data revealing the underlying fundamentals driving this metal is sparse. The best silver global supply-and-demand data is only published once a year by the venerable Silver Institute in its outstanding World Silver Surveys. The latest covering 2019 was released in April, and is essential reading for all traders interested in silver. One key trend is very relevant to today.
Last year global silver demand edged up an ever-so-slight 0.4% to 991.8m ounces worldwide. Every demand category fell except for two, net physical investment and net investment in exchange-traded funds. The former rose a respectable 12.3% to 186.1m ounces. It makes sense investors’ interest in silver should grow with its price climbing 15.3% in 2019. That translated into far faster growth in silver ETFs.
Read full article... Read full article...
Saturday, July 18, 2020
Tesco Scraps Covid Safe One Way Arrow Supermarket Shopping System / Politics / Pandemic
By: N_Walayat
Another sign that the UK is fast relaxing it's covid-19 infection spread mitigation measures is supermarkets such as Tesco scrapping their one way shop arrow systems. Whilst it remains to be seen if the country is sleep walking towards another second more deadly pandemic peak in a few months time. Nevertheless Tesco and other supermarkets cannot be blamed for taking such actions because most shoppers had already abandoned following the rules many weeks ago, especially following revelations that government ministers and advisors themselves had failed to follow social distancing rules such as Dominick Cummings all without any consequences.
Read full article... Read full article...
Friday, July 17, 2020
The Rise of Online Pawnbroking / Personal_Finance / Money Saving
By: Sumeet_Manhas
...