Friday, June 28, 2019

Gold Stock Launch in the Books; What’s Next / Commodities / Gold and Silver Stocks 2019

By: Gary_Tanashian

You may know me as the…

…guy.

The guy using the planets of an imaginary gold sector Macrocosm with proper fundamentals that are decidedly not imaginary but rather, are necessary to call a real bull phase or even bull market. By managing a strict set of macro and sector fundamental inputs (to the sound of crickets and little else in the sector) NFTRH and its subscribers had a front row seat to the now obvious gold mining launch as first the fundamentals came in line, followed by the technicals.

Friday, June 28, 2019

Can the Crude Oil Bulls Extend the Sputtering Rally? / Commodities / Crude Oil

By: Nadia_Simmons

The series of higher oil prices appears to be over as today, we might see the bulls’ power tested. Where can the bears aim realistically and what is most likely to happen next? These are certainly valid questions as the oil price has reached an important resistance and appears hesitating today. Will some geopolitical news come to the rescue? High time to dive in...

Friday, June 28, 2019

Gold Declines As the Fed Dampens Rate Cut Expectations / Commodities / Gold & Silver 2019

By: Arkadiusz_Sieron

What a week! On Tuesday, gold prices hit a six-year peak of almost $1,440. But they declined since then to almost $1,400. What is happening? We got the Fed speaking… Let’s dive in to the implications of what has been said.

Rally in Gold Ends

As we reported two days ago, the price of gold has jumped above $1,430 after the dovish FOMC meeting last week. However, the rally did not last long. Yesterday, the price of gold fell to a level slightly above $1,400, as the chart below shows. What happened?

Friday, June 28, 2019

Gold Clearly Reverses at Consolidation’s Upper Border / Commodities / Gold & Silver 2019

By: P_Radomski_CFA

Quite a few journalists wrote about gold’s breakout in the previous days even though gold made an attempt to break above the key resistance – the mid-2013 high – only today (and it failed). At the same time, when the gold to silver ratio was breaking out in a clear way, many journalists ignored that and emphasized the importance of the resistance at hand. Either way, the focus was not on what was really going on, but on trying to make the reality fit the bullish case for gold. After all, “gold people” have to be bullish on gold all the time, right? Wrong – those, who want their clients to succeed need to stay focused on what is likely to happen based on objective, cold logic and facts, instead of chasing the emotions of the day. And what do the facts tell us?

We have a twofold purpose in highlighting the pitfalls of permabullish emotionality. The first one is to show you how acting on emotions in investing backfires – gold rallied temporarily above $1,440 and in today’s pre-market trading, declined to almost $1,400. And it doesn’t seem that the decline is over. The second one is that we want to emphasize that there is almost nobody else in the gold analysis business that saw that the real resistance and the upper border of the long-term consolidation pattern in gold is at the mid-2013 highs. Many others cheered as gold moved above the previous – less important – highs, and they wrote about a major breakout in gold. These were breakouts, but not the key ones and nothing to call home about given that the highest of the relatively close highs remained unbroken. Please remember the above as gold moves to lower prices. Please also remember that we are writing right now that we will see gold below $1,200 well before we’ll see it above $1,500.

Friday, June 28, 2019

Is the Market Sending a Crisis Era Signal on the Economy and Stock Market? / Stock-Markets / Stock Markets 2019

By: Troy_Bombardia

As the stock market continues to trend higher and Treasury yields continue to collapse, two groups of stocks are about to send crisis-era signals on the economy (according to Bloomberg). Today’s headlines:

1. Crisis era signals
2. Stocks continue to rally and Treasury yields continue to fall
3. Citigroup Economic Surprise Index still deep in negative territory
4. Gold’s sentiment extreme and volume
5. Bonds sentiment extreme

Friday, June 28, 2019

Is Bitcoin A Diversion from the Natural Monetary Order? / Politics / Bitcoin

By: Antonius_Aquinas

As modern man continues to wantonly deviate, flaunt, and reject the natural law and the Divinely-created order from which it derives, it is not surprising that illusions like Bitcoin and other crypto currencies have captured the imagination of many and have provided a vehicle for scammers to rip off their fellow man.

Crypto currencies are a more complex, yet still devious derivative of the immoral, economic destructive, and social debilitating system of central banking.  In response, Bitcoin pumpers have craftily tried to portray digital currencies as a “decentralized” alternative to the present fiat, paper-money standard.

Friday, June 28, 2019

Why Facebook May Pose a Greater Financial Danger Than Wall Street / Currencies / BlockChain

By: Ellen_Brown

Payments can happen cheaply and easily without banks or credit card companies, as has already been demonstrated—not in the United States but in China. Unlike in the U.S., where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these cashless payments totaled a whopping $41.5 trillion; and 90% were through Alipay and WeChat Pay, a pair of digital ecosystems that blend social media, commerce and banking. According to a 2018 article in Bloomberg titled “Why China’s Payment Apps Give U.S. Bankers Nightmares”:

The nightmare for the U.S. financial industry is that a technology company—whether from China or a homegrown juggernaut such as Amazon.com Inc. or Facebook Inc.—replicates the success of Alipay and WeChat in America. The stakes are enormous, potentially carving away billions of dollars in annual revenue from major banks and other firms.

Thursday, June 27, 2019

Silver Price Will Pause Before Going Higher / Commodities / Gold & Silver 2019

By: Chris_Vermeulen

Silver will likely find resistance near $15.60 and move slightly lower before another upside price leg takes place.  Both gold and silver have begun incredible price rallies over the past 10+ days and we believe this is just the start of a much bigger price trend. 

We believe Silver, to be one of the absolute best potential trades and investment. It will likely pause just below $15.75, near the First Resistance level, rotate a bit lower (possibly towards $15.15), then attempt another rally towards the $16.50 level.

Thursday, June 27, 2019

Precious Metals Expert Rick Rule Shares 'Gold Nuggets of Wisdom' / Commodities / Gold & Silver 2019

By: The_Gold_Report

Maurice Jackson of Proven and Probable and Rick Rule of Sprott USA engage in a wide-ranging discussion covering Pareto's law, the importance of courage and conviction in investment, copper, mentors and the upcoming Sprott Natural Resource Symposium

Maurice Jackson: Joining us for conversation is legendary investor Rick Rule of Sprott USA. Mr. Rule, welcome to the show. In our interview last month, we addressed a number of topics regarding where and what Sprott USA is focusing their attention on in the natural resource space. And at the conclusion of the interview, Rick, you stated that we should discuss Pareto's law, which is known as the 80/20 law. But you put an interesting perspective on the law that I had not considered. Mr. Rule, expand the narrative on Pareto's law and please introduce us to the concept of the 4%.

Rick Rule: Sure. And actually I'll take a little further than that with your permission. Most people have heard of the 80/20 principle, which suggests that in any sort of major field of human endeavor, 20% of the people engaged in that activity generate 80% of the utility. In other words, 20% of the people do 80% of the work.

Thursday, June 27, 2019

What Led to the Current Brexit Crisis? / Politics / BrExit

By: Travis_Bard

It’s more than a thousand days since the UK voted to leave the European Union, but the future relationship between the country and its continental neighbor is still unclear. The historic House of Commons, hailed as the Mother of Parliaments and based in the Palace of Westminster, has reached an impasse and can now only ask for an extension to the exit process in order to buy itself more time for a way out of the current predicament.

The public is as bitterly divided as the politicians – with more than six million people signing a petition to call for Brexit to be stopped and a mass march in London demanding another referendum to revisit the exit issue.

Thursday, June 27, 2019

Scuffed Alloy Wheel Rims Repair Cheap Marker Pen Quick Quick Fix - Disco Sport / Personal_Finance / Money Saving

By: HGR

Here's a quick money saving repair for your alloy wheel rims using a cheap permanent marker pen that can be bought from any super market, the colour of the market of course will depend on the colour of your alloy wheels. In this video I used an ordinary cheap black permanent market pen on a Land Rover Discovery sports black alloys to do a quick job of hiding unsightly curb damage to alloys. So find out what you can expect in terms of looks in our latest video in our owning and driving a Land Rover Discovery Sports series.

Thursday, June 27, 2019

Bonds and Stocks vs Gold / Commodities / Gold & Silver 2019

By: Richard_Mills

North American stock markets continued to rise on Friday, as more investors took the opportunity to jump into equities on the back of a clear signal from the US Federal Reserve that interest rates are likely heading down. The S&P 500 hit a new record on Thursday, finishing 249 points higher, or 0.9%, to 2,954.

The Federal Open Market Committee (FOMC) concluded on Wednesday that it will leave the federal funds rate unchanged, in the 2.25% to 2.5% range. Importantly however, the Fed dropped its pledge to be “patient” on a widely anticipated rate cut, meaning it could be poised to act. Also, Fed Chair Jerome Powell stopped referring to below-target 1.8% inflation as “transient”. Persistent inflation under 2% is a strong prompt for the Fed to raise interest rates, since part of its mandate is to keep inflation at the 2% sweet spot.

Thursday, June 27, 2019

MICROSOFT - MSFT Stock Investing to Profit From AI Machine Learning / Companies / Microsoft

By: Nadeem_Walayat

Where to invest to profit from the exponential machine intelligence mega-trend. I have ranked these stocks in in terms of risk vs reward and volatility. Do remember that when investing in the stock market that your capital is at risk. There are NO SURE BETS!

If you've not already done so then watch my following video from November 2016 which illustrates why everything will start to change exponentially by 2021.

Thursday, June 27, 2019

Big Tech Break-Up Won’t Happen for This One Reason / Companies / Tech Stocks

By: Stephen_McBride

The US government recently announced it will launch an investigation into “big tech.”

It is looking into whether Amazon (AMZN), Google (GOOG), and Facebook (FB) are too powerful and should be broken up.

These are the 3rd-, 4th-, and 6th-largest companies on earth. Combined, they are worth over $2 trillion. And they’ve grown 470%, 175%, and 95% over the past five years.

All three stocks tanked on the news. In recent weeks, Google has dropped 20%, Amazon 15%, and Facebook 18%.

Thursday, June 27, 2019

The Gold Asteroid That Could Make Everyone On Earth A Billionaire / Commodities / Gold & Silver 2019

By: OilPrice_Com

Whether it was the Big Bang, Midas or God himself, we don’t really need to unlock the mystery of the origins of gold when we’ve already identified an asteroid worth $700 quintillion in precious heavy metals.

If anything launches this metals mining space race, it will be this asteroid--Psyche 16, taking up residence between Mars and Jupiter and carrying around enough heavy metals to net every single person on the planet close to a trillion dollars.

Thursday, June 27, 2019

GOLD to Fall 10% as Dollar at Support / Commodities / Gold & Silver 2019

By: Submissions

GOLD has been rising sharply and has hit 1430 highs. Much of the move is on the back of apparent news that central banks are buying Gold.

Falling interest rates (and a weaker dollar) also explain the recent surge into gold. Renewed interest in gold usually happens when investors are looking for alternatives to stocks and bonds (as well as global currencies). Which suggests that they may be losing confidence in the global economy. And reducing exposure to riskier smaller stocks; while prospecting in safer havens like gold.

Wednesday, June 26, 2019

Silver Short-Term Trend Analysis / Commodities / Gold & Silver 2019

By: Nadeem_Walayat

The short-term chart shows an accumulation zone of between $14 and $15, with upper trading zones of $15 to £16.30 and then $16.30 to $17.50. Thus a breakout above $15 would target $16 and then $17.50. Whilst the downside is limited to about $14.

Wednesday, June 26, 2019

Gold Continuing To Breakout But Is A Correction Due? / Commodities / Gold & Silver 2019

By: Chris_Vermeulen

Chris Vermeulen, Founder of The Technical Traders joins me to a close look into gold – what’s driving the move, what the technicals are saying about this fast move higher, and if a correction is due. We also look at the gold stocks, silver, and USD all within the context of gold.

Wednesday, June 26, 2019

Bitcoin Is Going To Zero - Or $100,000 / Currencies / Bitcoin

By: Avi_Gilburt

If you have followed us since December 2018, then you know we were expecting a major bottom in the cryptocurrency market, and expecting 2019 to be very bullish. In February we wrote an article suggesting an imminent wave two bottom, which proved correct, holding support by $10 on some exchanges.

We suggested then that a third wave would commence, thrusting Bitcoin prices much higher. The only part we got wrong was that our targets were exceeded in the third wave. That happens in strong bull markets. So in May we updated our target for Bitcoin to exceed $10,000 before it completed this rally. But we were 100% right about a bullish 2019 so far.

Wednesday, June 26, 2019

Elliott Wave: Market Signaling Fed to Cut Interest Rates Soon / Interest-Rates / US Interest Rates

By: EWI

We have tracked the U.S. Federal Reserve's interest rates decisions for years. This week, the Fed once again decided to keep the funds rate unchanged. We expect the Fed to change course soon.

We have tracked the U.S. Federal Reserve's interest rates decisions for years.

In December, we wrote an article titled "Interest Rates Win Again as Fed Follows the Market," where we observed that although most pundits believe that central banks set interest rates, central banks actually follow the freely traded bond market in their rates decisions.