Wednesday, June 26, 2019
Iran and the Dying Days Of the US Empire / Politics / US Politics
Something’s been nagging me for the past few days, and I’m not sure I’ve figured out why yet. It started when Donald Trump first called off the alleged planned strikes on targets in Iran because they would have cost 150 lives, and then the next day said the US would do sanctions instead. As they did on Monday, even directly targeting Trump’s equal, the “Supreme Leader Khameini”.
When Trump announced the sanctions, I thought: wait a minute, by presenting this the way you did, you effectively turned economic sanctions into a military tool: we chose not to do bombs but sanctions. Sounds the same as not doing a naval invasion but going for air attacks instead. The kind of decisions that were made in Vietnam a thousand times.
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Wednesday, June 26, 2019
Why a Saturated Online Gaming Market Spells Good News for Gamblers / Personal_Finance / Gambling
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Wednesday, June 26, 2019
Natural Gas Sets Up Bottom Pattern / Commodities / Natural Gas
In less than two weeks, our prediction that Natural Gas would move lower into our “basing zone”, between $2.00 and $2.20, has come true. Natural Gas has fallen into our expected basing/bottoming zone and traders should be looking to target low price entries as the extended setup of this base takes place.
You can read our original research post regarding our Natural Gas analysis from June 10, 2019: NATURAL GAS MOVES INTO BASING ZONE
It is our belief that anytime Natural Gas falls below $2.20, or lower, traders should consider jumping into NG related ETFs or NG future as this bottoming zone will likely push NG back above $2.35~$2.40 fairly quickly. Historically, any price move to levels closer to $2.00 have been very strong support for Natural Gas and this early basing pattern is setting up for an incredible opportunity for traders.
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Wednesday, June 26, 2019
Gold Jumps Above $1,400 after Dovish Fed / Commodities / Gold & Silver 2019
Last week was definitely hot. Both major central banks adopted a more dovish stance. Gold reacted positively, jumping above $1,400. What has changed, and what has not? How close are we to an actual rate cut, not only to the speculation of getting one for sure on the next Fed meeting? How will gold like it?
Doves Are Strong Within the Fed
The dovish shift was surprising. Maybe not the direction, but the scale for sure. After all, the GDP is steadily growing, while the unemployment rate is at record lows. While inflation is below the target, it is still above 1.5 percent. Why would the Fed lower the federal funds rate in such positive macroeconomic conditions?
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Wednesday, June 26, 2019
After This Confirmation Gold Prices Will Rise Fast / Commodities / Gold & Silver 2019
A while ago, I wrote about a coming confirmation of the multi-year gold bull market. It has taken longer than expected, but that signal has now arrived, and the bull is very much confirmed.
Here is a gold chart indicating that very important signal
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Wednesday, June 26, 2019
Has Gold Price Broken Out Or Not? Technicals And Fundamentals / Commodities / Gold & Silver 2019
A casual glance at the latest short term chart for GLD would tend to support the notion that, yes, gold has decidedly broken out of its trading range and is headed higher.
Below is a two-year chart of GLD (bigcharts.marketwatch.com) …
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Wednesday, June 26, 2019
Stocks and XAU Gold Miners Next Bull and Bear Markets are Now Set Up / Stock-Markets / Stock Markets 2019
Sharing market analysis and my opinions every day is far from easy and sometimes I feel like a song on repeat. My focus and goal has always been to try to alert fellow traders and investors of what is unfolding now in the financial markets around the globe because it appears we are about to experience another financial life-changing event much like the 2000 stock market top, and the late 2007 bull market top which will play out over the next 24+ months
If you lost money during the last bear market then you need a new game plan to take advantage of falling prices and the solution is not just to by gold, silver, and miners. In fact, you could lose a lot buying and holding them over the next year if you are not careful. We all know what the precious metals sector did during the last equities bear market (they crashed 64% with the stock market before starting to rally).
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Wednesday, June 26, 2019
Racial Reparations Another Version of Slavery / Politics / Social Issues
Racial neutrality was becoming an entrenched aspect in the populist general culture. Yet, the faction of continuing tribal dissention, once again, raised its Identity discontent to keep and widen the gap among varied sub groups. Slavery has never been limited to people of African descent. But to suffer through the repetitive diatribe that Blacks deserve sole recompense for their distress because of the color of their skin is offensive to any advocate of sincere social justice. By any objective standard the last half century since the racial riots that burned urban centers of rebellion; the advancement of Afro-Americans improved in most aspects. Those who assimilated into the mainstream culture usually shared the benefits of unification. However, the lingering resentment that eats away at achieving civil co-existence is brought up whenever it is politically opportune for the power hungry race baiters.
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Tuesday, June 25, 2019
Gold Price Trend Forcast to End September 2019 - Video / Commodities / Gold & Silver 2019
This is the final article in this Gold analysis series that concludes in a detailed trend forecast for the Gold price into Late September 2019 :
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Tuesday, June 25, 2019
Will Silver Soon Follow Gold’s Lead? / Commodities / Gold & Silver 2019
Gold prices have broken out of a massive multi-year consolidation pattern to the upside. That suggests the possibility of a massive multi-year rally ahead!
To be sure, there is also the possibility of some retracing and back-testing this summer before the $1,400 level is conquered for good.
The fall and winter periods are typically more conducive to big precious metals rallies.
Seasonality, however, isn’t a dependable trading tool. Some technical analysts (who will go unnamed here) wrongly turned bearish on gold and gold stocks after they put in a disappointing early spring performance and were thought to be headed straight into the summer doldrums.
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Tuesday, June 25, 2019
Today’s Pets.com and NINJA Loan Economy / Economics / Global Debt Crisis 2019
The NASDAQ bubble that existed two decades ago contained a plethora of internet companies, such as Pets.com, that proved in the end to having a non-viable business model. Yet, because they enjoyed access to cheap credit, it allowed them to exist for a long time without generating positive cash flow. This, in turn, created artificial and temporary demand for all kinds of capital goods investments such as, fiber optic cable and routing equipment, which in turn served to provide a significant boost to economic growth. The consumption derived from equity prices that generated huge capital gains also proved to be a temporary and artificial support for GDP.
The same dynamic was true for the Real Estate bubble circa 2008. Subprime home buyers purchased multiple properties with no income, no job, and no assets behind their loans. This caused home prices to soar and propelled owners to extract a massive amount of equity from elevated property values that proved to be fictitious. This employed an army of lawyers, real estate brokers, and construction workers; and at the same time was a boon for the basic materials industry, home furnishing stores, etc.
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Tuesday, June 25, 2019
Testing the Fed’s Narrative with the Fed’s Data: QT Edition / Interest-Rates / US Federal Reserve Bank
“The fact that financial markets responded in very similar ways … lends credence to the view that these actions had the expected effects on markets and are thereby providing significant support to job creation and the economy.” —Ben Bernanke defends the idea that markets and the economy respond significantly to quantitative easing
“… it will be like watching paint dry, that this will just be something that runs quietly in the background.” —Janet Yellen refutes the idea that markets and the economy respond significantly to quantitative tightening
It doesn’t take much calculation to see that the Fed’s position on quantitative tightening (QT) is blatantly inconsistent with its position on quantitative easing (QE). You only need to notice that the excerpts above, taken together, violate the following pair of postulates:
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Tuesday, June 25, 2019
What "Pro Traders" use to Find Profitable Trades - eBook / InvestorEducation / Learn to Trade
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Tuesday, June 25, 2019
GDX Gold Stocks ETF / Commodities / Gold and Silver Stocks 2019
This article in my Gold analysis series takes a look at GDX the Gold stocks ETF:
- Current State
- Trend Analysis, MACD, Trend Channels Support / Resistance
- Seasonal Analysis
- US Dollar / Gold
- Gold Price Trend Forecast Conclusion
- Gold Stocks
Tuesday, June 25, 2019
Is the Stock Market About to Drop? This Chart Says “YES” / Stock-Markets / Stock Markets 2019
Sometimes it’s good to take a big picture look at the stock market.
By “big picture” I mean a monthly chart that is at least three years long.
Here’s one that caught my eye over the weekend.
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Tuesday, June 25, 2019
Stock Market Bulls In Control, but Don't Get Complacent / Stock-Markets / Stock Markets 2019
The third week of June went according to the game plan as the market’s price action just followed the white line projections as we demonstrated in real-time.
If you recall, we got the eventual breakout above 2911 on the Emini S&P 500 (ES) that pumped into the all time highs target. The bulls fulfilled their goal by the end of the week with the high print close of the week’s range and bears are still considered dead. Who knew?
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Tuesday, June 25, 2019
What Does Facebook’s LIBRA New Crytocurrency Really Offer? / Currencies / BlockChain
The dark days of 2009 now seem like forever ago.
We didn’t know which banks would survive. The Fed made all banks take bailout money so that citizens wouldn’t know which ones were in trouble and then drain them of deposits. The Fed made bank stocks ineligible for shorting so that investors wouldn’t drive their market caps to zero.
We worried that fiat currencies, those printed by governments and backed by nothing, would go to zero.
Tuesday, June 25, 2019
Why Bond Investors MUST Be Paying Attention to Puerto Rico / Interest-Rates / International Bond Market
They lie, cheat, and steal? No way!In 2014, Puerto Rico issued $3.5 billion in bonds backed by the full faith and credit of the Commonwealth. Now the island’s fiscal managers, a group known as the PROMESA board, an entity that Congress created, claims those bonds are worthless.
While investors put down their hard-earned cash to buy the bonds, the board members have claimed in court that, because the debt issuance put the island over its legal debt limit, the debt should be canceled.
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Tuesday, June 25, 2019
The Next Great Depression in the Making / Economics / Great Depression II
They lie, cheat, and steal? No way!With all eyes focused on Facebook’s cryptocurrency reveal tomorrow, what the Fed will do this Wednesday, and Slack’s IPO on Thursday, all of which we’ll address in the coming days, let’s turn our attention to another major issue that is silently unfolding: the great baby bust. More than any of the current hot events, it will have a significant impact on the future of our economy and the success of your investments…
Decades before births peaked in 2007, I was projecting it would happen. But how could I know that? Easy. Because births fall when the economy slows, especially in the Economic Winter Season, which we’re in the latter part now.
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Monday, June 24, 2019
Facebook Win-Win with Libra… and The Third Market Wave / Currencies / BlockChain
If you don’t know by now that Facebook released its libra whitepaper on Tuesday, you’re living under a rock. What you may not know is that bitcoin shot up on the news. That’s because libra gives credibility to the cryptocurrency market, much like AOL did when it first brought email and the internet to the masses.
But that doesn’t mean it’s going to be all sunshine and flowers from here on out. Just like AOL, Facebook faces a storm of lash backs and push backs from across the board. Regulators. Governments. Central banks. Cryptocurrency players. Citizens concerned with Facebook’s growing involvement in every aspect of our lives.