Tuesday, November 19, 2019

Plethora of Potential Financial Crisis Triggers / Stock-Markets / Financial Crisis 2019

By: Jim_Willie_CB

The US-based bond market is in tragic condition. All the bonds in US financial markets reek of rigged prices and inflated values. It is not a single bond sector, but rather all bond sectors that are in deep trouble, against a background of multi-year economic recession. The USTreasury Bonds, given the over $1.0 trillion in supply and widespread absence of buyers, deserves a 10% yield. The stolen missing $21 trillion amplifies the vacant value, from a grand crime scene. It is a wonder that investigator Professor Skidmore of Michigan State Univ has not been charged with financial terrorism. The USTBond market is teetering, kept afloat by overnight enormous slugs of fake money, which in early November was over $250 billion on a daily basis. If it was put onto the USFed balance sheet, on an increasingly frequent basis, then it is called QE. Better get real, and call it what it actually is – INFINITE Q.E. FOREVER. The Gold price is preparing the next launch platform.

Tuesday, November 19, 2019

Trade News Still Relevant? / Stock-Markets / Stock Markets 2019

By: Andre_Gratian

Current Position of the Market

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

Intermediate trend –  Most likely building 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. 

Tuesday, November 19, 2019

Comments on Catena Media Q3 Report 2019 / Companies / Corporate Earnings

By: Submissions

Monday, November 18, 2019

Venezuela’s Hyperinflation Drags On For A Near Record—36 Months / Economics / HyperInflation

By: Steve_H_Hanke

Venezuela is the only country in the world that is suffering from the ravages of hyperinflation. But, you wouldn’t know it from reading the press, where playing fast and loose with words is commonplace. Indeed, the word “hyperinflation” is thrown around carelessly and misused frequently, with claims that multiple countries are suffering from hyperinflation. The debasement of language in the popular press has gone to such lengths that the word “hyperinflation” has almost lost its meaning.

So, just what is the definition of this oft-misused word? The convention adopted in the scientific literature is to classify an inflation as a hyperinflation if the monthly inflation rate exceeds 50%. This definition was adopted in 1956, after Phillip Cagan published his seminal analysis of hyperinflation, which appeared in a book, edited by Milton Friedman, Studies in the Quantity Theory of Money.

Monday, November 18, 2019

Intellectual Property as the New Guild System / Economics / Economic Theory

By: Frank_Hollenbeck

The standard justification for intellectual property — i.e., patents and copyrights and trademarks — is that the creative process would be significantly reduced if such protection did not exist. The underlying assumption is that the financial reward must be augmented by a grant of exclusivity enforced by the coercive power of government. Because we can freely copy an invention, innovation or other creative ideas, a financial reward is viewed as necessary for these intangible ideas unlike a tangible object sold in the marketplace.

But did inventors or artists starve before IP laws? The answer is no because they benefited from the first-to-market advantage. Boldrin and Levine  explain how during the 19th century British authors with IP protection in the UK would sometimes make more money off their non-IP protected US sales by reaching an agreement (a contract) with a US publisher and then flooding the US market with cheap original copies.1 Since any potential copycat will wait to see if an idea is successful, the gains of being first-to-market could be substantial. Many drug makers retain important market share on a drug even though their patent protection has expired and the market is awash with cheaper generic alternatives. There are also many other indirect ways to profit from creative ideas. Many artists make more money off concerts and other appearances than from the original digital sales of their song.

Monday, November 18, 2019

Gold Mining Stocks Q3’ 2019 Fundamentals / Commodities / Gold and Silver Stocks 2019

By: Zeal_LLC

The major gold miners just enjoyed a phenomenal quarter for gold, which soared after its first bull-market breakout in years.  Q3’19’s much-higher prevailing gold prices should’ve driven soaring earnings for the miners, due to their big inherent profits leverage to gold.  So this just-completed Q3 earnings season is the most important for this sector in a long time.  Did the gold miners’ fundamentals indeed radically improve?

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports.  Required by the US Securities and Exchange Commission, these 10-Qs and 10-Ks contain the best fundamental data available to traders.  They dispel all the sentiment distortions inevitably surrounding prevailing stock-price levels, revealing corporations’ underlying hard fundamental realities.

The definitive list of major gold-mining stocks to analyze comes from the world’s most-popular gold-stock investment vehicle, the GDX VanEck Vectors Gold Miners ETF.  Launched way back in May 2006, it has an insurmountable first-mover lead.  GDX’s net assets running $11.8b this week were a staggering 40.2x larger than the next-biggest 1x-long major-gold-miners ETF!  GDX is effectively this sector’s blue-chip index.

Monday, November 18, 2019

The Best Way To Play The Coming Gold Boom / Commodities / Gold and Silver Stocks 2019

By: OilPrice_Com

Sunday, November 17, 2019

What ECB’s Tiering Means for Gold / Commodities / Gold & Silver 2019

By: Arkadiusz_Sieron

In a key policy shift, the ECB has recently introduced tiered system of interest rates. This news isn’t of interest only to the banks keeping their reserves at the ECB. In today’s article, you’ll learn about the new instrument of monetary policy, and find out what it implies for the gold market.

If you think that monetary policy in the United States is crazy, you are right. But in Europe, it is even stranger (and in Japan, it is really insane). As you probably remember, in September, the ECB introduced a package of measures to ease monetary policy further in the face of sluggish economic growth and subdued inflation. In particular, the Governing Council resumed quantitative easing (the bank will be purchasing €20 billion of assets monthly), eased the conditions for TLTRO operations, strengthened the forward guidance strategy, and – the crème de la crème – cut the deposit rate by 10 basis points from -0.40 to -0.50 percent, as the chart below shows. The ECB used, of course, all these instruments already in the past. What is really new is the introduction of the tiering system. How does it work and what could be its consequences for the euro area economy and gold prices?

Sunday, November 17, 2019

DOJ Asked to Examine New Systemic Risk in Gold & Silver Markets / Commodities / Gold & Silver 2019

By: MoneyMetals

Impeachment circus lows and stock market highs dominated the news cycle this week, and precious metals are quietly attempting a recovery.

Bulls still have some work to do to repair the technical damage inflicted on both metals during last week’s selling. Gold and silver still face some overhead resistance and the potential for concentrated short selling by financial institutions in the futures markets.

Significant price bottoms are usually reached after the commercial sellers force the speculative longs to capitulate. We certainly saw some of that last week. Whether there is one final washout ahead remains to be seen.

Sunday, November 17, 2019

Dow Jones Stock Market Cycle Update and are we there yet? / Stock-Markets / Cycles Analysis

By: readtheticker

Today the Dow and the SP500 are making new all time highs. However all long and strong bull markets end on a new all time high. Today no one knows how many new all time highs are to go, maybe 1 or 100+ more to go, who knows! So are we there yet? readtheticker.com combine market tools from Richard Wyckoff, Jim Hurst and William Gann to understand and forecast price action. In concept terms (in order), demand and supply, market cycles, and time to price analysis.  Cycle are excellent to understand the wider picture, after all markets do not move in a straight line and bear markets do follow bull markets. 

Sunday, November 17, 2019

When the Crude Oil Price Collapses Below $40 What Happens? PART III / Commodities / Crude Oil

By: Chris_Vermeulen

This, the final section of this multi-part research article, will continue our exploration of the consequences that may result from our ADL predictive modeling system’s suggestion that Oil may continue to fall to levels below $40 over the next few months. 

In Part I and Part II, we’ve highlighted what we believe to be very compelling evidence that any continue oil price decline from current levels may be setting up the global markets for a massively volatile price reversion – similar to what happened in 1929. 

Prior to the stock market collapse in 1929 and the start of the Great Depression, commodity prices collapsed in 1921 and again in 1930.  This commodity price collapse was the result of over-supply and a dramatic change in investor mentality.  The shift away from tangible items and real successful investing/manufacturing and towards speculation in the housing markets and stock market.

Sunday, November 17, 2019

The Coca-Cola Company (NYSE: KO) Looking to Remain Supported / Companies / Company Chart Analysis

By: ElliottWaveForecast

The Coca-Cola Company (NYSE: KO) is an American multinational corporation and it’s the world’s leading soft-drink company.

Since February 2019, KO rallied higher within an impulsive 5 waves advance breaking to new all time highs and opening further extension. Down from $56 peak, the stock started a correction lower which is currently unfolding as Double Three Structure which reached the equal legs area $52 – $50 from where buyers are expected to show up to resume the rally within the main bullish trend or provide a 3 waves bounce at least.
KO Daily Chart 11.3.2019

Sunday, November 17, 2019

If History Repeats, Gold is Headed to $8,000 / Commodities / Gold & Silver 2019

By: Submissions

The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs. The breakout above $1,360 this summer was significant and we have seen follow-through buying. The $420 move in the price of gold from the bottom in late 2015 represents a gain of 40% in just under four years.

Sunday, November 17, 2019

All You Need To Know About Cryptocurrency / Currencies / BlockChain

By: Sumeet_Manhas

Friday, November 15, 2019

America’s Exceptionalism’s Non-intervention Slide to Conquest, Empire - and Socialism / Politics / US Politics

By: Raymond_Matison

When America established its new nation in 1776, its actions were guided by a Declaration of Independence and a Constitution which included a government subject to the consent of its people, liberty, and freedom of speech, religion, property, and assembly.  As a new nation narrowly escaping oppression from England, it originally would not conquer any other nation.  It was not going to follow the practice of colonialism and oppression that so many European nations embraced at that time.  But somehow, over decades, America abandoned its original principles of non-intervention and ultimately became an empire ruling most of the world.  It is the forces, causes and timing of this abandonment from its original exceptional principles of non-intervention to outward expansion, conquest, and its eventual consequences that is scrutinized in this article. 

Herein, the term “exceptionalism” is applied to America’s form of government, its Constitution, and original principles of non-intervention in the affairs of other countries.  However, the term “exceptionalism” was first used and popularized through Joseph Stalin in 1929 to portray America, which because of its capitalism and high standard of living was highly resistant to communist goals for advancing socialism in this country – and therefore was characterized as an exceptional nation.  As we will read in this article America easily and rather quickly gave up its exceptionalism to embrace conquest. 

Friday, November 15, 2019

Five Gold Charts to Contemplate as We Prepare for the New Year / Commodities / Gold & Silver 2019

By: Michael_J_Kosares

1. Gold’s annual returns 2000 to present

In the February edition of this newsletter, we ran an article under the headline:  Will 2019 be the year of the big breakout for gold? Though we would not characterize gold’s move to the upside so far this year as ‘the big breakout,’ 2019 has been the best year for gold since 2010 even with the recent correction taken into account.  Back in September when the price gold reached $1550 per ounce – up almost 22% on the year – 2019 was looking more like a breakout year. Now with the move back to the $1460 level, the market mood has become more restrained. As it is, gold is up 15 of the last 19 years and still up 14.45% so far this year.

Friday, November 15, 2019

Best Gaming CPU Nov 2019 - Budget, Mid and High End PC System Processors / Personal_Finance / Gaming

By: HGR

In this video we’ll be presenting you with a selection of the best CPUs for gaming that you can have in late 2019, as well as a short guide that will answer some common questions and help you choose the CPU best-suited to your budget and needs.

Friday, November 15, 2019

Lend Money Without A Credit Check — Is That Possible? / Personal_Finance / Debt & Loans

By: Sumeet_Manhas

Friday, November 15, 2019

What happens To The Global Economy If Oil Collapses Below $40 – Part II / Commodities / Crude Oil

By: Chris_Vermeulen

In the first part of this research article, we shared our ADL predictive modeling research from July 10th, 2019 where we suggested that Oil prices would begin to collapse to levels near, or below, $40 throughout November and December of 2019.  Our ADL modeling system suggests that oil prices may continue lower well into early 2020 where the price is expected to target $25 to $30 in February~April 2020.

Thursday, November 14, 2019

Gold and Silver Capitulation Time / Commodities / Gold & Silver 2019

By: The_Gold_Report

With gold and silver prices having tumbled, sector expert Michael Ballanger outlines how he will weather the storm.

"People everywhere are being fed propaganda, lies and false stimuli of all kinds, but deep in their hearts, deep in their instincts, they know something is wrong."—G. Edward Griffin, author of The Creature from Jekyll Island

My usual weekend missive was mildly delayed for a very good reason; I spent most of Friday evening and Saturday morning formulating this wonderfully verbose theory on why the Fed's sudden shift from "quantitative tightening" to "massive stimulus" had such a negative effect on yields, with an associated and very sharp spillover into my beloved precious metals.

Having read it over several dozen times, I then began mulling over the various charts that I post from time to time and quickly decided to "bin it," because my readers no longer wish to hear about the COT report or the "cartel" or the "egregious open interest" or "fraudulent bullion banks." I can't state this forcefully enough: We have all seen this before way too many times.