Wednesday, November 07, 2018
Zimbabwe's Road to Serfdom / Economics / HyperInflation
By: Steve_H_Hanke
In 1944, my good friend, the late Nobelist Friedrich Hayek (1899-1992), published the Road to Serfdom. It immediately became an international sensation. In it, Hayek argued that government interventions into markets, whether they be via regulatory mandates or the outright taking of private property, will lead to an initial failure. In short, they will be counterproductive. In an attempt to correct its initial errors, the government then does more of the same, only in greater detail. Further disappointments will lead to still more far-reaching and detailed interventionist measures, until socialism and a state of total tyranny are reached.
Wednesday, November 07, 2018
Stock Market Counter-trend Rally / Stock-Markets / Stock Markets 2018
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – Bear market
Intermediate trend – Bear market rally
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.
Wednesday, November 07, 2018
Britain's Unreliable Railways - Transpennine Express to Manchester Airport / ConsumerWatch / Travel & Holidays
By: Anika_Walayat
Strikes and power failures have become the norm for Britain's increasingly unreliable failing rail network as illustrated on a grand scale recently which saw the whole of the South East rail network being brought to a shuddering halt for over 6 hours leaving passengers scrambling for alternatives to reach their destinations on time, especially stressful for time critical appointments such as catching an airplane.
Therefore we were playing russian roulette in our choice to go by train from Sheffield to Manchester Airport to catch our easyjet flight to start our 10 day holiday in Turkey. We allowed plenty of time for the Transpennine Express to screw up, so what could go possible wrong? Find out in our latest video.
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Tuesday, November 06, 2018
US Midterm Elections Forecast 2018 / ElectionOracle / US Congressional Elections
By: Nadeem_Walayat
Several patrons have messaged me asking for my views on the mid-term US elections. Whilst I’ve not been following these elections too closely i.e. in terms of betting on them, nevertheless here is my view which is primarily based on the fact that usually the party that holds the White House tends to do badly in the mid-terms.
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Tuesday, November 06, 2018
Stock Market Calm Before The Storm / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
With very strong US jobs data hitting the news wires this morning and an incredible upside price swing overnight because of expectations and hope of a US/China trade deal in the works, we were not surprised by the downside rotation in the US stock market this morning. As we’ve been warning for the past 3+ months, we expect the US stock markets to trade very narrowly headed into the US mid-term elections and begin a breakout upside price move sometime between November 8 and November 12.
Tuesday, November 06, 2018
Stock Market’s Short term Outlook is Slightly Bearish, But Medium term is Bullish / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
The U.S. stock market’s daily volatility is high, with large intraday swings. Here’s the S&P 500.
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Tuesday, November 06, 2018
Financial Markets Are Making Faulty Assumptions about Growth & Resources / Stock-Markets / Financial Markets 2018
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in Dr. Chris Martenson of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global economics, financial markets, governmental policy, precious metals and the importance of preparedness among other things. And it's always great to have him with us.
Chris, it's been too long, but welcome back and thanks for joining us again.
Chris Martenson: Hey Mike. Thank you so much. It's great to be back with you.
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Tuesday, November 06, 2018
Trump's War on the Fed / Politics / US Federal Reserve Bank
By: Ellen_Brown
October was a brutal month for the stock market. After the Federal Reserve’s eighth interest rate hike, on Sept. 26, the Dow Jones Industrial Average dropped more than 2,000 points, and the NASDAQ had its worst month in nearly 10 years. After the Dow lost more than 800 points on Oct. 10 and the S&P 500 suffered its first weeklong losing streak since Trump’s election, the president said, “I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy.” In a later interview on Fox News, he called the Fed’s rate hikes “loco.” And in a Wall Street Journal interview published on Oct. 24, Trump said he thought the biggest risk to the economy was the Federal Reserve, because “interest rates are being raised too quickly.” He also criticized the Fed and its chairman in July and August.
Tuesday, November 06, 2018
Positive Implications for Gold Miners if Crude Oil Breaks Down / Commodities / Crude Oil
By: Gary_Tanashian
It’s an over obsessed upon commodity, previously hyped for its (Hubbert’s) “peak” status by “experts” like T Boone Pickens and a whole clown show of promoters amplified by the media at the time.
Now WTI Crude Oil has reached a thick resistance zone (as managed in NFTRH for the last couple of years) and may be breaking down from a peak of a whole other kind. Here is the monthly chart we use.
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Tuesday, November 06, 2018
Energy Markets Analysis FreePass / Commodities / Commodities Trading
By: EWI
Dear Investor,
While most traders have been watching the S&P, oil plunged 18% in October. In the process, crude broke below a key long-term trendline. You know what that means: It's an exciting potential opportunity.
That's why we've got an exciting free event starting Tuesday, Nov. 6. We call it our Energy FreePass event, where we unlock our trader-focused Energy Pro Service for 3 days. It's free for everyone.
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Tuesday, November 06, 2018
Top Tips for Buying an Approved Used Land Rover from a Main Dealer / Personal_Finance / Motoring
By: N_Walayat
Thinking of buying an 'Approved Used' Land Rover from a main dealer? Then here's what you need to know before you fall for the 'approved used' sales pitch! Learn from my experience of buying and owning an approved used land rover over the past 10 months. Here are my top tips of what to look out for from when to buy, what to check for and even from where to buy from, all aimed at helping you make a better decision than was the case for me some 10 months ago.
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Tuesday, November 06, 2018
What Every Investor Can Learn from Gamblers / Personal_Finance / Learning to Invest
By: Steve_Marks
....
Monday, November 05, 2018
Is the Gold Bull Back? / Commodities / Gold and Silver 2018
By: Peter_Degraaf
The Price of Gold appears to have bottomed, after declining since 2011. Here is a look at the weekly trend.
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Monday, November 05, 2018
Gold Stocks Winter Rally / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The gold miners’ stocks suffered a rough late summer this year. A rare forced capitulation walloped them to deep new lows, short-circuiting their usual autumn rally. That’s left this sector anomalously low as the subsequent winter rally gets underway, gold stocks’ strongest seasonal surge of the year. Starting from beaten-down levels after skipping the prior seasonal rally gives gold stocks exceptionally-bullish upside potential.
Seasonality is the tendency for prices to exhibit recurring patterns at certain times during the calendar year. While seasonality doesn’t drive price action, it quantifies annually-repeating behavior driven by sentiment, technicals, and fundamentals. We humans are creatures of habit and herd, which naturally colors our trading decisions. The calendar year’s passage affects the timing and intensity of buying and selling.
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Monday, November 05, 2018
Is President Trump Right About the Fed? / Politics / US Federal Reserve Bank
By: Harry_Dent
While Larry Kudlow (Treasury Secretary and Chief Economic Cheerleader) assures us that Trump is NOT interfering with the Fed, our dear president has proclaimed that our Central Bank is “crazy” for raising rates.From his, ahem, unique world view, he believes they’re trying to wreck his new gravy train economy… the one he created with major tax cuts ($1.5 trillion), major repatriations from overseas ($2 trillion), deregulation, and a lot of positive talk about 4% to 5% growth again…
But, with no fear of sounding like a broken record: sustaining growth rates at that level are demographically IMPOSSIBLE!
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Monday, November 05, 2018
A Year of Inflated Market Bubbles / Stock-Markets / Liquidity Bubble
By: Harry_Dent
So far, the 21st Century has seen one B.S. bubble after another.Even worse, these bubbles have inflated beyond any recognizable or manageable form. They’ve morphed into monsters, seemingly with minds and wills of their own.
There are, at the least, two forces at play here: central banks (the crack dealers)… and cycles. Let’s continue our discussion of the most important cycle that will impact us next year, particularly in the last half…
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Monday, November 05, 2018
Are These the New Leaders of the Pot Market? / Companies / Cannabis
By: Rodney_Johnson
The SEC, the government watchdog, and TDAmeritrade, the self-service brokerage firm, recently issued warnings about buying into the pot industry hype.Watch out!, they tell us. The pot industry is filled with high-flying stocks, overbought companies, and outright scams. Lions and tigers and bears, oh my!
I think we’ll find our way out of the forest, thank you very much.
I wonder how such companies would compare to Pets.com from the 1990s, or Enron, or even WorldCom, for that matter.
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Monday, November 05, 2018
Will the US Mid-Term Elections Boost Gold? / Commodities / Gold and Silver 2018
By: Arkadiusz_Sieron
Democrats take control of the Congress and move Trump out of the White House. Sounds unbelievable? So what is probable and what is not? We invite you to read our today’s article about the upcoming US Mid-Term Elections and find out what are the likely consequences for the gold market.
Elections are approaching the US again. Two years after Donald Trump was elected as POTUS, American voters go to the polls again on November 6th for the mid-term elections. They will elect all 435 members of the House of Representatives and 35 of 100 Senators (as well as 36 state governors and many other local officers).
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Monday, November 05, 2018
The Cycle Saving Home Buyers $3,000 Per Year Just Ran Out Of Fuel / Housing-Market / US Housing
By: Dan_Amerman
Home buyers in every city and state have been benefiting from a powerful financial cycle for almost five years. Most people are not aware of this cycle, but it has lowered the average monthly mortgage payment for home buyers on a national basis by about $250 per month since the end of 2013.
The interest rate cycle in question is one of "yield curve spread" expansion and compression, with yield curve spreads being the difference between long term and short term interest rates. This interest rate spread has been going through a compression phase in its ongoing cycle, meaning that the gap between long term interest rates and short term interest rates has been falling sharply in recent years.
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Monday, November 05, 2018
Gold Stocks are Not Close to Bottom / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
It has been a rough year for gold stock investors.
Since Gold failed to break to the upside and the US Dollar bottomed, gold stocks have been in a strong downtrend. In September they hit two and a half year lows.
The oversold condition since then has been corrected but that rebound has been quite weak.
Evidence of that can be seen in the GDX advance decline (A/D) line (an important breadth indicator) which is showing a negative divergence and hit a new low on Wednesday.
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