Wednesday, November 13, 2019
What to Do NOW in Case of a Future Banking System Breakdown / Interest-Rates / Global Financial System
By: MoneyMetals
The banking system may not be as sound we’ve been led to believe. It continues to get propped up through central bank interventions, which strongly suggests it wouldn’t be able to stand on its own.
Last Thursday, the Federal Reserve injected another $115 billion into financial markets via “temporary operations.” The Fed is targeting the repo market in particular, through which banks lend to each other on an overnight basis.
For some reason, banks have grown weary of committing liquidity to each other in what should be one of the safest lending markets on the planet.
Wednesday, November 13, 2019
Why China is likely to remain the ‘world’s factory’ for some time to come / Economics / China Economy
By: Submissions
US tariffs have hit the manufacturing giant to the tune of $35 billion, says a recent UN report. But companies have found that China’s rivals are a poor replacement.
In December 2018, about five months after US President Donald Trump imposed tariffs on China to correct the US trade deficit with Beijing that stood at $419 billion (2018), analysts at the Boston Consulting Group said that despite challenges such as rising wages and escalating trade tensions with its trading partners such as the US and Japan, “it is reasonable to assume that China will remain manufacturing’s center of gravity for the foreseeable future”.
It was easy to be sceptical of this assessment given the number of companies that announced plans to move manufacturing out of China following the imposition of Trump’s tariffs. One of them was the world’s largest bicycle manufacturer, Giant. “We started moving before he [Trump] shut his mouth,” said its chairwoman in an interview to Bloomberg in June 2019.
Tuesday, November 12, 2019
Gold Price Breaks Down, Waving Good-bye to the 2019 Rally / Commodities / Gold & Silver 2019
By: P_Radomski_CFA
Our summary of the current situation in the precious metals is not going to differ much from what we wrote yesterday, and the reason is simple. The decline in gold, silver, and miners is developing just as we’ve been expecting it to. Most importantly, gold has just confirmed its breakdown and everything that we reported on gold’s outlook and price targets just got a huge confirmation.
Let’s take a look at what gold, silver, and mining stocks did in the last couple of days.
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Tuesday, November 12, 2019
Fed Can't See the Bubbles Through the Lather / Interest-Rates / Liquidity Bubble
By: Michael_Pento
Recently, there has been a parade of central bankers along with their lackeys on Wall Street coming on the financial news networks and desperately trying to convince investors that there are no bubbles extant in the world today. Indeed, the Fed sees no economic or market imbalances anywhere that should give perma-bulls cause for concern. You can listen to Jerome Powell’s upbeat assessment of the situation in his own words during the latest FOMC press conference here. The Fed Chair did, however, manage to acknowledge that corporate debt levels are in fact a bit on the high side. But he added that “we have been monitoring it carefully and taken appropriate steps.” By taking appropriate steps to reduce debt levels Powell must mean slashing interest rates and going back into QE. The problem with that strategy being that is exactly what caused the debt binge and overleveraged condition of corporations in the first place.Read full article... Read full article...
Tuesday, November 12, 2019
Double 11 Record Sales Signal Strength of Chinese Consumption / Economics / China Economy
By: Dan_Steinbock
On Monday, Alibaba’s Single’s Day broke all records. Chinese consumption and ecommerce signal not just continued resilience but evident strength.By 5 pm on Monday Alibaba Group had already broken last year’s record of $31 billion. And at midnight, the new record soared to $38.3 billion – 25 percent higher than last year.
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Tuesday, November 12, 2019
Welcome to the Zombie-land Of Oil, Gold and Stocks Investing – Part II / Commodities / Gold & Silver 2019
By: Chris_Vermeulen
In Part I of this research post, we highlight how the ES and Gold reacted 24+ months prior to the 2007-08 market peak and subsequent collapse in 2008-09. The point we were trying to push out to our followers was that the current US stock market indexes are acting in a very similar formation within a very mature uptrend cycle.
We ended Part I with this chart, below, comparing 2006-08 with 2018-19. Our intent was to highlight the new price high similarities as well as the price rotation similarities between the two critical peaks in market price. We are terming the current market a “Zombie-land” because it appears global investors are somewhat brain-dead as to the total risks that are setting up in the global markets right now. But, wait before you continue reading make sure to opt-in to our free market trend signals newsletter.
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Tuesday, November 12, 2019
Gold Price Is Likely Approaching A Local Bottom / Commodities / Gold & Silver 2019
By: Avi_Gilburt
The metals market is an extremely emotional one. The highs and lows you see with metals traders are evident at each of the extremes. I think we are now approaching another extreme.
Several months ago, back in early June, I notified those willing to listen that gold was preparing to “take off like a rocket-ship.” To my members of ElliottWaveTrader.net, I outlined my expectations for a strong rally to the 137 region, followed by a continued move to the 143/45 region before we see a larger consolidation. Thus far, the market has been reacting as generally expected.
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Tuesday, November 12, 2019
Gold Retest Coming / Commodities / Gold & Silver 2019
By: Jordan_Roy_Byrne
Gold and silver stocks have held up decently during the correction in precious metals, which is now in its 3rd month. However, as we mentioned last week, the bugaboo has been the relatively high net speculative position in Gold, which has not changed much despite recent weakness in the sector.
Technically Gold cracked last week and the downside momentum coupled with the relatively high net spec position argues that Gold is headed for a retest of the summer breakout.
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Tuesday, November 12, 2019
New Evidence Futures Markets Are Built for Manipulation / Stock-Markets / Market Manipulation
By: MoneyMetals
The recent price smash in precious metals is frustrating for goldbugs. It is even more infuriating for those who look at the fundamental reasons to own gold and silver and see prices falling anyway.
That’s why it’s worth explaining once again the real purpose of the futures markets, where prices are set. Some recent revelations about Bitcoin futures will help.
The CME launched a Bitcoin futures contract in December of 2017, and many cryptocurrency fans cheered. Those who cheered expected “institutional” money to pour into Bitcoin. Their mistakes were in assuming the institutions would be making long bets on Bitcoin and the futures market would be free and fair.
Tuesday, November 12, 2019
Next 5 Year Future Proof Gaming PC Build Spec November 2019 - Ryzen 9 3900x, RTX 2080Ti... / Personal_Finance / Gaming
By: HGR
A in-depth build guide on building a Top Spec future proof Gaming PC utilsing todays best CPU Ryzen 9 3900X and NVidia RTX 2080Ti Graphics card combo. What specs to build or buy and how much will it cost for a future proof spec for the next 5 years.
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Monday, November 11, 2019
Gold and Silver - The Two Horsemen / Commodities / Gold & Silver 2019
By: Gary_Tanashian
Global central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor and fruitfulness (it is these contradictions that are the windows into a ginned up, leveraged economy dependent on monetary policy) while the S&P 500 breaks through the bull turnstile to blue sky.
Monday, November 11, 2019
If You Want Trump Out, You Need To Sell Your Stocks / Stock-Markets / Stock Markets 2019
By: Avi_Gilburt
While reading of the title of this article may cause you to make certain assumptions about what you are about to read, I can assure you that this is not a politically motivated article. In fact, politics has absolutely nothing to do with the analysis and conclusions presented herein.
I want to start with the assumption that we have spoken about so often, and that it is social mood which directs our actions in life, including our willingness to buy stocks. As Robert Prechter noted in a study he published in 2012 on this topic, “[s]ocionomic theory proposes that unconscious social mood regulates social actions.
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Monday, November 11, 2019
Towards a Diverging BRIC Future / Economics / Emerging Markets
By: Dan_Steinbock
Two decades ago, the BRIC economies were projected to surpass the advanced G6 economies by the early 2030s. Today, the huge potential of the BRICs prevails, but the pace has slowed and country trajectories have diverged. China and India are on track, Brazil and Russia are not, thanks to geopolitics.In the early 2000s, Goldman Sachs projected that the four largest emerging economies – Brazil, Russia, India and China, or the BRICs – would surpass the major advanced economies by the early 2030s.
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Monday, November 11, 2019
Welcome to the Zombie-land Of Stock Market Investing / Stock-Markets / Stock Markets 2019
By: Chris_Vermeulen
This current market environment is very reminiscent of the 2006-08 market environment where price rotated into weakness on technicals and continued to establish new all-time price highs in the process – creating what we are calling a “zombie-land melt-up”. This very dangerous price action is indicative of money chasing a falling trend. Where technicals and fundamentals are suggesting that price is actually weakening quite substantial, yet the process of price exploration is continually biased towards the upside as investors continue to pile onto the back of the beast expecting a further melt-up.
Let’s take a look at what happened to the ES and Gold in 2006 and 2007. But, wait before you continue reading make sure to opt-in to our free market trend signals newsletter.
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Monday, November 11, 2019
Illiquidity & Gold And Silver In The End Game / Commodities / Gold & Silver 2019
By: Darryl_R_Schoon
…the financial system experienced some serious liquidity shortages in August 2007, and the Fed injected funds to help keep financial markets operating effectively so that they would continue to support ongoing economic activity
Federal Reserve Bank of San Francisco, August 2007
In August 2007, a credit crunch swept global markets forcing central banks to provide billions in emergency liquidity to ensure markets remained functioning. Despite the emergency infusion, financial markets and investment banks collapsed one year later in the greatest financial crisis since the 1929 stock market crash and the Great Depression of the 1930s.
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Monday, November 11, 2019
Key Things You Need to Know When Starting a Business / Companies / SME
By: Submissions
Starting a business in the modern world has never been easier, but there is still a lot that you need to get right and think carefully about. You need to be aware of the fact that there are a lot of things to consider when starting a new business. It’s not as simple as just saying that you are going to be a business owner, and this is something to keep in mind. There are plenty of elements that play a role in this, and you need to come up with great ideas that will help with this.
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Monday, November 11, 2019
Stock Market Cycles Peaking / 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.
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Monday, November 11, 2019
Avoid Emotional Investing in Cryptocurrency / Currencies / BlockChain
By: Submissions
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Sunday, November 10, 2019
Australian Lithium Mines NOT Viable at Current Prices / Commodities / Lithium
By: Richard_Mills
Australia’s Mineral Resources (ASX:MIN) said last week it is pausing operations at its Wodgina lithium project, a joint venture with US-based Albemarle, due to “challenging lithium market conditions.”
“Given the current challenging market conditions for lithium, the MARBL Lithium Joint Venture believes there is more value to be delivered in the long term by placing Wodgina on care and maintenance now,” MIN Managing Director Chris Ellison said, on the same day a transaction concluded giving US-based Albemarle a 60% stake in the facility, located in Western Australia.
Market conditions are difficult primarily for two reasons: low prices due to oversupply from Australian hard-rock lithium producers, most of whom sell their spodumene concentrate to China; and reduced Chinese demand for lithium, after Beijing cut EV subsidies that made electric vehicles more affordable.
Demand has also been dented by bottlenecks in Chinese chemical conversion facilities, that make lithium hydroxide from spodumene concentrate.
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Sunday, November 10, 2019
The 10 Highest Paying Jobs In Oil & Gas / Commodities / Oil Companies
By: OilPrice_Com
Make no mistake: Oil and gas companies may be doing some serious cost-cutting and slimming-and-trimming to stay competitive after the shale boom binge, but when it comes to employment, it’s still one of the best industries to hit up for a job.
Jobs are booming, just as much as U.S. oil and gas production is.
US oil production has increased from 11.7 million bpd at the start of 2019 to 12.6 million by the end of October, according to the Energy Information Administration (EIA). Natural gas production has risen as well, to 99.1 Bcf/d at the end of October—95 Bcf/d of which is from dry natural gas—up from 91.3 Bcf/d this time last year for total US natural gas production.
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