Tuesday, January 14, 2020

Fighting the Fed (and the Crooked Banks) by Holding Gold / Commodities / Gold & Silver 2020

By: MoneyMetals

Market forecaster Martin Zweig famously warned investors against underestimating the power of the Federal Reserve Bank to control markets. He coined the phrase “Don’t fight the Fed” back in the 80’s. Precious metals investors are wondering if this is still good advice.

On one hand, it is pretty hard to argue with that bit of wisdom.

The Fed Zweig was referencing had begun taking a more overt role in markets, using interest rates as a tool for managing the economy.

Paul Volcker dramatically raised interest rates to put price inflation from the late 1970’s back under control.

Tuesday, January 14, 2020

Gold and Silver Flashing Caution / Commodities / Gold & Silver 2020

By: Rambus_Chartology

Heads UP …from Rambus Chartology.

“You may recall we were looking at the Japanese YEN / PM complex combo chart several months ago comparing the YEN to the PM complex. For whatever reasons how the YEN goes the PM complex tends to follow. It’s not a perfect correlation but close enough to pay attention. Today the YEN gapped below an important trendline that goes all the way back to October of 2018, second chart from the top.

While the YEN has broken below its October trendline the PM complex is showing a possible 3rd reversal point in the August 2019 trading range. When I went to cash last September it was based on the PM complex building out a 4 point consolidation pattern to consolidate the previous impulse move up. At the time I had no idea what the consolidation pattern may look like only that we would need to see at least 4 reversal points at a minimum.

Tuesday, January 14, 2020

Central Banklers Playing Taps For The Middle Class / Interest-Rates / Quantitative Easing

By: Michael_Pento

It is not at all a mystery as to the cause of the wealth gap that exists between the very rich and the poor. Central bankers are the primary cause of this chasm that is eroding the foundation of the global middle class. The world’s poor are falling deeper into penury and at a faster pace, while the world's richest are accelerating further ahead. To this point, the 500 wealthiest billionaires on Earth added $1.2 trillion to their fortunes in 2019, boosting their collective net worth by 25%, to $5.9 trillion.

Tuesday, January 14, 2020

Stock Market Final Thrust / Stock-Markets / Stock Markets 2020

By: Andre_Gratian

Current Position of the Market

SPX: Long-term trend – There are no signs that the bull market is over.

Intermediate trend –  Most likely near an intermediate top.

Analysis of the short-term trend is done on a daily basis with the help of hourly charts.  It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends. 

Monday, January 13, 2020

British Pound GBP Trend Forecast Review / Currencies / British Pound

By: Nadeem_Walayat

Get Brexit DONE just as Take Back Control before it won the day for the LEAVE camp (Tory party) after they finally managed to pry Remainer Theresa May's fingers from the doors of No 10, planting LEAVER Boris Johnson in her place.

Right from the outset Boris Johnson was perceived by all as being a tough sell to the public and just maybe the Corbyn socialist hard left brigade could pull off another surprise performance just as they had in 2017 that caught everyone by surprise.

Monday, January 13, 2020

Trumpism Stock Market and the crisis in American social equality / Stock-Markets / Stock Markets 2020

By: Christopher_Quigley

I recently read that the richest 100 people in the world own more than the poorest 4 billion.   This article also pointed out that the purchasing power of the average American worker has significantly diminished over the last number of decades. Case in point; in order to simply keep pace with official inflation data, using 1980 as a benchmark year, the average entry level wage in the States should be in the region of 16 dollars an hour not the current $10.00 (approx).  This is not surprising, technology and the diminished power of unionised labour are exposing one of the major weaknesses of liberal capitalism: the concentration of wealth. I believe that unless this issue is resolved, particularly in the United States of America, within the next decade, we possibly could see  the steady demise of all liberal  institutions and a slide towards hard socialism.

The one economist who identified this fatal flaw in orthodox liberal economic theory was Maynard Keynes. He recognised that society was a social organism and unless harmony was maintained the breakdown in the social contract between the haves and haves-nots would sunder everything. He recognised the fragility of it all that was his genius. He identified that the solution to the concentration of wealth was a strong and enlightened government that understood money.  To counter the inevitable concentration of wealth that capitalism promoted Keynes understood the need for the active redistribution of capital. He tried his best all his life to educate the political elite that money should not be regarded as wealth but simply as a medium of exchange. He pointed out that there was no value in a factory churning out product, if folk did not have the money to purchase what was produced. He recognised that consumption was the essence of production, not production per se. He therefore advocated high taxation on those who were rich in order to transfer purchasing opportunity to those who were poor. These transfers he believed should take the form of government supported jobs, subsidized industries, socially supported infrastructural development and welfare for those who were sick, old or infirm. These policies were actually adopted by F. D. Roosevelt through his “New Deal” to successfully end the great depression.

Monday, January 13, 2020

Silver Investors Big Trend Analysis for – Part I / Commodities / Gold & Silver 2020

By: Chris_Vermeulen

Everyone seems to be focused on Gold recently and seems to be ignoring the real upside potential in Silver.  With all the global economic issues, military tensions, geopolitical issues, and other items continually pushed into the news cycles, it is easy to understand why traders and investors may be ignoring Silver.

Silver has really not started to move like the other precious metals.  Gold is up over 45% since 2016.  Palladium is up over 350% since 2016.  Silver is up only 29% since 2016.  The Gold to Silver ratio is currently at 86.7 – very near to the highest level on record going back over 25 years.

Monday, January 13, 2020

Gold Explodes, Then Implodes – Again / Commodities / Gold & Silver 2020

By: Kelsey_Williams

It shouldn’t be a surprise to anyone, because it has happened before.

Gold’s quick roundtrip from $1540 to $1610 and back again ($1539 earlier today) had its roots in actions and words between the United States and Iran. Prognosticators say there is more to come. Maybe; maybe not. But there is historical precedent for gold’s action.

Monday, January 13, 2020

Craig Hemke Gold & Silver 2020 Prediction, Slams Biased Gold Naysayers / Commodities / Gold & Silver 2020

By: MoneyMetals

Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig is a well-known name in the metals industry and runs one of the most highly respected websites in our space and provides some of the best analysis you will find anywhere on banking schemes, global macroeconomics, and evidence of manipulation in the gold and silver markets.

Happy New Year to you, Craig. Thanks for coming on and welcome, how are you?

Craig Hemke: Mike, it's always a pleasure. New Year's started off with a bang, man. I hope it's not indicative of how crazy this entire year is going to be. We'll see.

Saturday, January 11, 2020

AMAZON Stock Investing in AI Machine Intelligence Mega-trend 2020 and Beyond / Companies / Amazon

By: Nadeem_Walayat

The juggernaut that is Artificial Intelligence continues to rumble along towards an inexorable future, one that most still fail to grasp the magnitude of the changes that are just around the corner as humans think in linear terms whilst the AI trend is EXPONENTIAL. Where developments that even the proponents of AI thought would take several years are taking place in mere MONTHS! That is the power of the unfolding AI MEGA-TREND!

AI has already CHANGED THE WORLD! EXPONENTIALLY! You have an AI super computer right in your pocket for likely less than £1000!

Especially, when one marries AI with other big world changing tech mega-trend "Quantum Computing"! Put the 2 together and we are literally going to see an explosion in SUPER INTELLGENCE that would soon far exceed that of human intelligence, following which it won't be that many years before the AI exceeds the intelligence of the sum of ALL humans! For better or worse, that's the path we are on.

And all those who say AI can be controlled are going to be proven wrong, as new technologies tend to be first sequestered towards military aims. So whilst we focus on the benefits of AI in reality AI is a POWERFUL WEAPON and so the world is in an AI arms race, commercial, economic and military AI arms race.

Saturday, January 11, 2020

Gold Price Reacting to Global Flash Points / Commodities / Gold & Silver 2020

By: Richard_Mills

Gold’s safe haven status was tested this week, as Iran countered the assassination of its top military commander with missile strikes against two Iraqi bases housing US troops.

On Tuesday night Tehran fired over a dozen missiles at the Al-Asad airbase and Erbil airport, in obvious retaliation against an American drone strike a few days earlier that killed General Qassem Soleimani.

The country’s foreign minister, Javad Sarif, took to Twitter to announce the attack, writing that “Iran took & concluded proportionate measures in self-defense under Article 51 of the UN Charter targeting base from which cowardly armed attack against our citizens & senior officials were launched. We do not see escalation or war, but will defend ourselves against any aggression.” 

Saturday, January 11, 2020

Land Rover Discovery Sport 2020 - What You Need to Know Before Buying / ConsumerWatch / Land Rover

By: HGR

If your considering buying a Land Rover Discovery Sport in 2020, either New are Approved Used then watch my comprehensive 2 YEAR review of what to expect after having owned and driven a Disco Sport for 2 FULL YEARS!

This is Landrover Discovery Sport HSE BLACK that I bought under Approved Used when the car was 15 months old with 11,000 miles on the clock, so still well under manufacturers warranty, followed by a few months under Land Rovers Approved Used extended warranty.

Saturday, January 11, 2020

Gold Buying Precarious / Commodities / Gold & Silver 2020

By: Zeal_LLC

Gold dramatically surged to major new secular highs this past week, fueled by stunning geopolitical news.  The US assassinated Iran’s top general, so Iran fired ballistic missiles at military bases in Iraq used by the US.  That naturally ramped gold bullishness, spawning all kinds of predictions for much-higher prices.  But geopolitically-driven gold spikes never last long, and the gold buying behind this surge is very precarious.

Geopolitics are fascinating, the modern intersection of centuries of history, politics, religion, and military actions.  Growing up, geopolitics were my second passion after the markets.  I read everything I could on that broad topic, both nonfiction and fiction.  Tom Clancy’s masterful novels were my favorites, and I love that whole technothriller genre to this day.  For decades I’ve eagerly followed and devoured geopolitical news.

Saturday, January 11, 2020

The Crazy Stock Market Train to Bull Eternity / Stock-Markets / Stock Markets 2020

By: Gary_Tanashian

Once again I have to disclaim that at the moment (and for quite some time now) I hold not one single short position, in anything. I am only long US and global stocks. But also managing cash and portfolio balance as usual while feeling as though I’m playing a game of Musical Chairs while the music still plays (nothing nearly as good as Keith’s style, which has always resonated with me beyond most others).

I have to disclaim the bull positioning because book talkers tend to talk their book. My book is only long insofar as I have equity positions because in a manic up phase I have little interest in eroding the situation with short hedging. Besides, gold stocks are doing that balancing job right now and that balancing act has been working well since June.

Friday, January 10, 2020

Gold Above $1,600 As Iran Retaliates / Commodities / Gold & Silver 2020

By: Arkadiusz_Sieron

We didn’t have to wait long for Iran’s response. After the missile attack on U.S. bases in Iraq, gold briefly soared above $1,600. What should we expect next?

Iran Retaliates, Gold Rallies

On Tuesday, I wrote that “given that Soleimani was widely seen as the second most powerful figure in Iran, we should expect a response.” And, indeed, it arrived before too long. On Wednesday, just hours after the funeral of the Iranian general, Iran launched a missile attack on two military bases in Iraq housing U.S. troops.

Friday, January 10, 2020

Gold Gann Angle Update / Commodities / Gold & Silver 2020

By: readtheticker

The new year of 2020 has gold is poised to break out higher. Why is gold going higher? Maybe the FED's economists can explain .... or not.

Maybe these could be on the list:

- FED repo hundreds of billions a day.
- ECB made up tools to keep the European banks solvent.
- A sugar high stock market with Apple Inc and Microsoft looking like Bitcoin 2017.
- The US bond market is NOT confirming a strong stock market.
- Corporate profits have flat lined for 3 years while stocks soared each year.
- Knowing an US election year needs stimulus, and a lower US dollar is a first choice.
- China deal, will have a currency element to make it easier to do business. Lower US dollar.

Friday, January 10, 2020

Gold In Rally Mode Suggests Commitment of Traders (COT) Data / Commodities / Gold & Silver 2020

By: Chris_Vermeulen

Many people believe the price of Gold will need to fall to support Institutional short positions.  We don’t believe this is the case.  The Commitment Of Traders (COT) Data suggests Commercial Hedgers have a large and growing shot position that is a very positive sign for a continued rally in Gold and Miners looking forward months from now.

Don’t think about COT data like everyone else with it comes to gold.

Over the past 20+ years, every time the COT Commercial Hedgers position in Gold falls, weakens substantially, or makes new multi-year lows the price of gold rallies.

Friday, January 10, 2020

Disney Could Mount Its Biggest Rally in 2020 / Companies / Investing 2020

By: Stephen_McBride

I got to spend lots of time with my one-year-old daughter over the holidays, who is quickly becoming a Disney (DIS) superfan. She dragged me and my wife into the playroom to watch the movie Frozen at least five times.

If you have a daughter or granddaughter, I’m sure you know all about Frozen. The mega-hit raked in $1.2 billion when it hit the big screen in 2013. So it was practically a guarantee Disney would make a sequel. Frozen II hit theaters a few weeks ago and raked in another $1.2 billion.

Friday, January 10, 2020

How on Earth Can Gold Decline During the U.S. – Iran Crisis? / Commodities / Gold & Silver 2019

By: P_Radomski_CFA

So, did U.S. and Iran just become best friends?

Gold’s huge reversal and a decline of about $50 in 24 hours might certainly suggest so to those, who choose to follow the news instead of estimating market’s moves using more reliable tools.

Of course, the two countries are not on friendly terms at this time. So, what happened that gold declined so much, so fast? Let’s start with going over what we explained yesterday as gold’s price action confirmed it so well.

Friday, January 10, 2020

Getting Your HR Budget in Line / Companies / SME

By: Sumeet_Manhas