Tuesday, August 27, 2019
Is the Stock Market Bear Growling? / Stock-Markets / Stock Markets 2019
Current Position of the Market
SPX: Long-term trend – Finallong-term phase on the way? How much longer, is the question.
Intermediate trend – We have started a correction of intermediate nature.
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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Tuesday, August 27, 2019
Gold and Silver ADL Predictions Getting Ready For A Big Move / Commodities / Gold & Silver 2019
This weekend we thought we would share some really important data and charts with all of you precious metals bugs/traders (like us). You probably remember our October 5th, 2018 call in Gold that has set off an incredible series of events for all of us. We made a prediction that day that Gold would rotate higher from the $1200 level targeting the $1300 level, then stall and move lower to set up a “momentum base” near April 21~24 before accelerating much higher after June/July 2019. Our original research chart is shown below. But first, be sure to opt-in to our free market forecast newsletter
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Monday, August 26, 2019
S&P 500 Stock Market Index Must Bounce Here Or Hold On Tight! / Stock-Markets / Stock Markets 2019
The fragility of the markets can not be underestimated for investors at this time. Our research has continued to pick apart these price swings in the US stock markets and our July predictions regarding a market top and an August 19th (or near) breakdown price move have been SPOT ON. We’ve heard from hundreds of our members and followers regarding our research and predictive analysis work – many thanking us for our dedication to helping traders/investors. Some people, although, didn’t quite understand the message that we were trying to deliver.
So, in this message, we are going to try to make it very clear for everyone. But first, be sure to opt-in to our free market forecasts newsletter
First, we believe the US and Global markets are setting up for a broad price sell-off/reversion move. This means we believe the US and Global stock markets could move lower and contract by relatively large percent levels (15% to 25% or more) in the coming months.
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Monday, August 26, 2019
Gold In Pre-Recession World / Commodities / Gold & Silver 2019
The yield curve has inverted. It suggests that we are about one year before the recession. How should the yellow metal behave in such a period? We invite you to read our today’s article and find out how gold is likely to behave in the pre-recession world.
The yield curve has inverted. If its strong predictive power of the recession remains intact – in the previous part of this report, we presented strong arguments that this is really the case (or, that there are no strong evidence for a weakened predictive power) – it means that we should expect an economic slump around May 2020.
But what about gold? How should the yellow metal behave in a pre-recession world? To answer this trillion question, we analyzed the historical yield curve inversions and examined their impact on gold prices. We put the results in the table below.
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Monday, August 26, 2019
Huge Stock Market Rally Monday, Gold Drops? / Stock-Markets / Stock Markets 2019
It has been a while since I have posted. I believe after the huge stock market drop on Friday that we have even a bigger move up Monday like 4%. The mining shares GDX could fall 12%.
This is quite a prediction and a bit ball-zy I know, but my system (astro,cycle,wave,technical analysis) seems quite clear to me. It may be the G7 Meeting, it may be something else, but that is what I see.
The charts below of the SPX, GDX, GLD and SLV gives my perspective for the short term into Sept 3 for the stock market and out to 2024 for GDX, Gold and Silver.
As you can see, I believe this expected stock rally Monday will be termed a bear rally as I believe we should be near SPX 2424 by Sept 3. Yes, I’m looking for a crash. The Sun/Mars conjunction due Sept 2 and the numerous trines that weekend with all the astro-planetary dealings in Virgo dealings up until August 30 with the new moon and my current e-wave look, wow.
Monday, August 26, 2019
Stock Market Melt Down. See What Elliott Waves Are Showing / Stock-Markets / Stock Markets 2019
Hi Reader,
Just yesterday -- even this morning! -- it seemed that stocks were finally out of the woods.
But as I'm typing this...
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Monday, August 26, 2019
We’re Now Forecasting Sharply Higher Gold & Silver Prices Sooner… / Commodities / Gold & Silver 2019
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear some very interesting comments from a first-time guest, Jeffrey Christian of the CPM Group. Jeff talks about who’s been buying gold, and who hasn’t been – at least not compared to levels of a few years ago, tells us why they’ve moved up their price forecasts for gold and silver a couple of years, and also answers the question about whether or not he believes there is widespread manipulation in the precious metals markets. You’ll want to be sure to stick around for my conversation with Jeff Christian, coming up after this week’s market update.
As investors glean takeaways from the Jackson Hole symposium this week , gold and silver markets are bouncing off of some near-term technical support levels.
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Monday, August 26, 2019
FREE Parking at Lands End Cornwall! How to Avoid Car Park Charge / Personal_Finance / Travel & Holidays
If your going on holidaying in Cornwall or Devon then probably at the top of your must do list is a visit to Lands End, situated right on the very westerly tip of England. However parking at the landmark carry's a hefty £6 parking charge which in my opinion can be easily avoided as this video demonstrates the various spots on the drive down to Lands End where one can park for FREE! And these were spotted on a busy, sunny August day. So watch the video before you set off so you know where to park before the double yellow lines kick in.
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Monday, August 26, 2019
Olympus TG-5 Camera - How to Add Date and Time Stamp to Images / Personal_Finance / Technology
So your thinking of buyng an Olympus Tougj TG-5 waterproof camera or already own one and are wondering how to add a date and time stamp to images. We'll in this video we take a look at the camera's settting to explain how to do it for images on this camera.
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Sunday, August 25, 2019
If You Don’t Understand Bonds, You Don’t Understand Investing / Interest-Rates / US Bonds
The first thing I read about investing wasn’t actually a book. It was a pamphlet that I got somewhere, 23 years ago.
The pamphlet said you should invest in bonds as well as stocks. It said bonds went up when interest rates went down, and vice versa. It didn’t go into any more detail.
Well, I did what the pamphlet said, even though I had no idea what the hell I was doing, and I wouldn’t figure out for a few more years why it was a good idea.
I suspect a lot of people don’t take that advice on diversification simply because they don’t know what the hell they are doing.
Sunday, August 25, 2019
Gold's Next Move / Commodities / Gold & Silver 2019
Gold has drawn a lot of attention lately with its recent strong upward swing. But where it goes from here is what must subscribers are asking.
Let's look at the driving factors.
About 78% of all the gold mined is used for jewelry and industrial applications. The remaining 22% is used in financial applications.
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Sunday, August 25, 2019
Fresh Water Crisis Unfolding / Politics / Climate Change
When planetary scientists search for life on other planets the first thing they look for is evidence of water.
“There are two main questions in the search for life: With so many places to look, how can we focus in on the places most likely to harbor life? What are the unmistakable signs of life -- even if it comes in a form we don't fully understand?
"Before we go looking for life, we're trying to figure out what kinds of planets could have a climate that's conducive to life," del Genio said.
Del Genio recognizes that life may well exist in forms and places so bizarre that it might be substantially different from Earth. But in this early phase of the search, "We have to go with the kind of life we know," he said.
Further, we should make sure we use the detailed knowledge of Earth. In particular, we should make sure of our discoveries on life in various environments on Earth, our knowledge of how our planet and its life have affected each other over Earth history, and our satellite observations of Earth’s climate.
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Sunday, August 25, 2019
Trump Floats Payroll & Capital Gains Tax Cues to Forestall Recession / Politics / US Politics
Gold and silver markets test some near-term technical support levels late this week, investors are focused on takeaways from the Jackson Hole symposium.
Federal Reserve chairman Jerome Powell headlined a list of other central bankers, academics, and financial elites at the annual Wyoming gathering. Powell was widely expected to signal a rate cut ahead during his speech on Friday. But many on Wall Street and in Washington were hoping he would make a bigger, broader commitment to monetary stimulus.
For his part, President Donald Trump is urging the Fed to slash rates by 100 basis points.
On Tuesday, President Trump also said he would consider new tax cuts to stimulate the economy. The following day, he appeared to change his mind, saying we don’t need tax relief after all because “we have a strong economy.
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Sunday, August 25, 2019
Newbie Guide to Currency Pairs in Forex Trading – Review / Currencies / BlockChain
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Saturday, August 24, 2019
When A 16-Year-Old Earns $3 Million, You Know It's Not A 'Silly Fad' / Companies / Gaming
A month ago, 25,000 fans packed into the world’s largest tennis stadium in Queens, New York.
They came to watch 100 “athletes” compete for the title of the world’s best. Millions more watched online.
But they weren’t there to see tennis stars like Serena Williams or Roger Federer.
These crowds gathered to watch kids play video games.
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Friday, August 23, 2019
The Central Bank Time Machine / Interest-Rates / Central Banks
We are now witnessing the death throes of the free market. The massive and record-breaking global debt overhang, which is now $250 trillion (330% of GDP), demands a deflationary deleveraging depression to occur; as a wave of defaults eliminates much of that untenable debt overhang. The vestiges of the free market are trying to accomplish this task, which is both healthy and necessary in the long term—no matter how destructive it may seem during the process. Just like a forest fire is sometimes necessary to clear away the dead brush in order to promote viable new growth. However, the “firemen” of today (central banks) are no longer in the business of containing wildfires, but instead proactively flooding the forest with a deluge of water to the point of destroying all life.
In point of fact, the free market is no longer being allowed to function. Communism has destroyed capitalism, as the vital savings and investment dynamic has been obliterated. Central banks have decided that savers deserve no return on their so-called risk-free investments and have hence forced into existence humongous bubbles in junk bonds and equity markets worldwide. They have destroyed the savings and investment dynamic and turned time backward.
Friday, August 23, 2019
Stock Market August Breakdown Prediction and Analysis / Stock-Markets / Stock Markets 2019
Our August 19th breakdown prediction aligns with our other analysis tools and predictive modeling systems. The key to understanding price action lies in two modes of operational aspects for analysts. Either the analysis is going to be correct and the markets will break down as we have predicted or the analysis will be incorrect and the markets will break higher to rally to new highs. We call this the “failure to fail” mode or the “failure to succeed” mode of compliance for price. Either it will do what we expect or it won’t.
There are a few things that we, as analysts, must take into consideration with regards to future predictions of price action and direction. First, sometimes we fail to make perfect predictions. It is not easy or 100% guaranteed that our predictions will become valid or accurate on the day we suggest price should move in a certain direction.
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Friday, August 23, 2019
U.S. To “Drown The World” In Oil / Commodities / Crude Oil
The U.S. could “drown the world in oil” over the next decade, which, according to Global Witness, would “spell disaster” for the world’s attempts to address climate change.
The U.S. is set to account for 61 percent of all new oil and gas production over the next decade. A recent report from this organization says that to avoid the worst effects of climate change, “we can’t afford to drill up any oil and gas from new fields anywhere in the world.” This, of course, would quickly cause a global deficit, as the world continues to consume around 100 million barrels per day (bpd) of oil.
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Friday, August 23, 2019
Modern Monetary Theory Could Destroy America / Economics / US Debt
I am back from my 14th annual Maine fishing camp.
The private event at Leen’s Lodge is generally called Camp Kotok in honor of David Kotok of Cumberland Advisors who started these outings many years ago.
CNBC and others began calling it the “Shadow Fed,” but it is really just a meeting of wickedly smart people focused on economics and markets. (I am allowed to attend for comic relief.)
We discussed the world’s problems and the general mood was that many of those problems are beginning to catch up.
Among other topics, there was an open “debate” about Modern Monetary Theory (MMT) and US fiscal strategy.
Friday, August 23, 2019
What Will Jackson Hole Bring to Us and Gold? / Commodities / Gold & Silver 2019
The 2019 Economic Symposium in Jackson Hole has begun! On Friday, we’ll hear Jerome Powell discuss the latest monetary policy shifts. How will it affect the gold market?
Jackson Hole 2019 Has Begun
This week is rather light in terms of incoming economic data, with the minutes from the last FOMC meeting being the only exception. Now, investors await the annual Jackson Hole Economic Policy Symposium scheduled August 22-24 in Wyoming. The conference is one of the most famous and important gatherings of central bankers, policy experts, academics, and leading financial market players, and it is closely followed by investors. It is very often a major market-moving event, as central banks hint at new policy moves. The best example may be the 2010 symposium when Ben Bernanke announced the second round of quantitative easing, which supported the gold prices. On the contrary, in 2016, Janet Yellen delivered a hawkish speech which pushed the yellow metal downward.
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