Thursday, December 06, 2018
When Lights Go Off, What Does Gold Do? / Commodities / Gold and Silver 2018
Powell has recently came up with the metaphor of wandering in the darkness. Will golden sunshine brighten the dark?
I Am the Fed Chair and I Know Nothing
On November 14th, Powell discussed global perspectives in Dallas Fed with its President, Robert Kaplan. He characterized the Fed’s stance, providing an interesting analogy:
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Thursday, December 06, 2018
How easy is it to find a job in the UK iGaming industry? / Personal_Finance / Employment
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Thursday, December 06, 2018
Is The US Economy Heading Into A Recession? / Economics / Recession
Recently, one of my members of Elliottwavetrader was in attendance at the 32nd Economic Outlook Symposium hosted by the Federal Reserve Bank of Chicago. On the first day, he sat in a room with 150 economists. When asked how many see a recession in 2019, all of two hands went up.
So, let me ask you a question: When was the last time the majority of economists correctly called for a recession? (I think we all know the answer to this one).
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Wednesday, December 05, 2018
Curry's vs Jessops - Buying an Olympus TG-5 Tough Camera / Personal_Finance / Shopping
In our latest video in our buying and owning a Olympus TG-5 Tough Camera series we return a defective TG-5 to Curry's, a brand new camera that had a stuck or dead pixel, and then off we go to buy a TG-5 camera at a much cheaper price from JESSOPS. Another Unboxing of exactly what you get and hoping that the TG-5 camera's are not prone to having dead / stuck pixels which should NOT happen to brand new cameras!
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Wednesday, December 05, 2018
Yield Curve Harbinger of Stock Market Doom / Stock-Markets / Inverted Yield Curve
“The Harbinger of Doom”? Of course we (well, the media) are talking about the yield curve AKA Amigo #3 of our 3 happy-go-lucky riders of the macro. I have annoyed you repeatedly with this imagery in order to show that three important macro factors needed to finish riding before situation turns decidedly negative.
Amigo 1: SPX (or stocks in general)/Gold Ratio
Amigo 2: 30 Year Treasury Yield
Amigo 3: Yield Curve
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Wednesday, December 05, 2018
Stock Market Crashed While the Yield Curve Inverted / Stock-Markets / Stock Markets 2018
The stock market tanked -3% today as the yield curve started to invert.
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Wednesday, December 05, 2018
Global Economic Outlook after Trump-Xi Trade War Timeout / Economics / Global Economy
As many hoped, the highly anticipated Trump-Xi meeting in the Buenos Aires G20 Summit resulted in a truce. The devil is in the details.
As the G20 Summit ended in Buenos Aires, the G20 official summit statement acknowledged flaws in global commerce, called for reforming the World Trade Organization (WTO) and deleted the word “protectionism” after U.S. resistance.
The statement was completed only after hours of diplomatic bargaining over the night. As far as the European Union (EU) was concerned, the U.S. was the lone holdout on almost every issue in Buenos Aires, particularly in climate change.
Wednesday, December 05, 2018
Showdown Looms on US Federal Spending, Border Wall / Politics / Government Spending
U.S. government agencies could run out of operating funds starting on midnight this Friday, December 7th.
At issue: President Donald Trump’s proposed border wall. He wants Congress to commit $5 billion for construction of a wall along portions of the U.S.-Mexico border.
The migrant caravan that recently attempted to crash the border near Tijuana has helped rally Republicans to support his request.
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Wednesday, December 05, 2018
Stock Market Dow Plunge Following Fake US - China Trade War Truce / Stock-Markets / Stock Markets 2018
The Dow closed down near 800 points Tuesday at 25,027, which followed a rally into the weekend G20 meeting and Monday's buying climax high to Dow 26,000 that the mainstream financial media put down to a halt of Trade War hostilities between the US and China.
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Wednesday, December 05, 2018
Subverting BREXIT - British People vs Parliament Risks Revolution / Politics / BrExit
Theresa May's government is now in a full blown crisis following MP's voting to find UK Government Ministers in contempt of Parliament for the first time ever, which is basically MP's sending a message to the Government that they are no longer acting in a democratic manner, instead are acting as a dictatorship! In contempt over the failure to publish the full legal advice given to the Government by the Attorney General, Geoffrey Cox on the consequences of the "May Backstop BrExit Deal". This is an unprecedented event that put's Theresa May's government let alone her premiership teetering on the brink of collapse in the count down to the vote on her Brexit Deal on the 11th of December.
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Tuesday, December 04, 2018
Trump and Powell More Dovish. Will Gold Fly Away? / Commodities / Gold and Silver 2018
President Trump and President Xi Jinping agreed to halt escalation in their trade conflict. At the same time, the Fed officials became more cautious about the pace of future interest rate hikes. How will the softening of the US trade and monetary policies affect the gold market?
Trade Truce and Gold
Have you heard about the Christmas truce? It was a series of unofficial ceasefires across the Western Front during World War I around Christmas Day in 1914. In that time, men from both sides emerged from the trenches and met in No Man’s Land to exchange gifts, take photos, sing carols and play football. Really. We were also moved. It shows that there might be a moment of peace even during a dreadful war.
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Tuesday, December 04, 2018
Profit from the Global Cannabis Boom by Investing in the Beverage Industry / Companies / Cannabis
BY ROBERT ROSS : “Jeff Sessions leaving office is a definite win for the cannabis industry.”That’s a quote from Jeffrey Zucker. He’s the president of Green Lion Partners, a business strategy firm focused on the cannabis industry.
Zucker refers to the recent resignation of US Attorney General Jeff Sessions.
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Tuesday, December 04, 2018
The Debt Great Reset Is Coming / Interest-Rates / US Debt
The US government on-budget deficit was $100.5 billion in October. It was $63.2 billion in the same month a year earlier. I see little hope it will reverse.There is no appetite in Congress or the public for lower spending. Nor will we see the kind of tax policy changes that would generate more revenue.
Federal debt has grown with little complaint (except from a few of us curmudgeons) because it was mostly painless over the last decade.
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Tuesday, December 04, 2018
The Saudi Dilemma: To Cut Or Not To Cut / Commodities / Crude Oil
To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels daily, including from Russia, to reverse the free fall of oil prices. At the time, it worked because everyone was desperate. Now, many OPEC members are both desperate while not yet recovered from the 2014 blow. Saudi Arabia is not an exception.
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Tuesday, December 04, 2018
MP's Vote UK Government Behaving like a Dictatorship, in Contempt of Parliament / Politics / BrExit
Theresa May's government is now in a full blown crisis following the MP's today voting to find UK Government Ministers in contempt of Parliament for the first time ever, which is basically MP's sending a message to the Government that they are no longer acting in a democratic manner, instead are acting as a dictatorship! In contempt over the failure to publish the full legal advice given to the Government by the Attorney General, Geoffrey Cox on the consequences of the "May Backstop BrExit Deal". This is an unprecedented event that put's Theresa May's government let alone her premiership teetering on the brink of collapse in the run down to the Vote on her Brexit Deal on the 11th of December.
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Tuesday, December 04, 2018
Golds Xmas Gift / Commodities / Gold and Silver 2018
Three things have tweaked the fundamentals for gold.
1) Bitcoin is not attracting the hot cash, unlike 2016.
2) Fed's Powell dovish switch, now less expectations for interest rate hikes in 2019.
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Tuesday, December 04, 2018
Isn't It Amazing How The Fed Controls The Stock Market? / Stock-Markets / Stock Markets 2018
I wonder how many of you had your brains in gear when following the action in the market this past week. For those that did not, let’s review what happened.
First, the market broke out “bigly” on Wednesday, and every media source and investor was absolutely certain that it was due to the Fed chairman’s speech (even though he really said nothing new, as future rate decisions were always going to be data driven). Yet, the next day, the Fed minutes came out that clearly noted they are continuing to raise rates. And, what did the market do on that information? Of course, it rallied further.
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Tuesday, December 04, 2018
Best Christmas LED String and Projector Lights for 2018 - Review / Personal_Finance / Reviews
Here's a video review of some of the best Christmas lights on the market for Christmas 2018. In this video we take a look at a variety of lights from the traditional string lights, to the more fancy icicle lights right through to the latest tech, a couple of animated projector lights.
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Tuesday, December 04, 2018
The "Special 38" Markets You Should Trade ebook / InvestorEducation / Learn to Trade
"Special 38" Markets You Should Trade
FREE eBook on profitable trading
Monday, December 03, 2018
Subverting BrExit - AG Confirms May Backstop Deal Means UK Can NEVER LEAVE the EU! / Politics / BrExit
Britain's political and corporate establishment are determined to subvert the settled will of the British people who voted to LEAVE the European Union, which supposedly is now to be achieved via the May 'backstop deal'. A plan that Britain's Attorney General today confirmed would mean that Britain could NEVER actually LEAVE the European Union without the EU's permission, which as Donald Tusk late last work reminded the UK with his statement of there being a stark choice of either the "May Deal or NO Brexit". Which means that the EU is determined to KEEP Britain shackled to the European super state in perpetuity.
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