Saturday, August 25, 2018
Trade War to Continue, Global Debt Default & Higher Interest Rates Unavoidable / Stock-Markets / Financial Markets 2018
By: MoneyMetals
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear from Michael Pento of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. Michael describes two scenarios for the Fed that may BOTH result in a day of reckoning for the U.S. stock market, explains why he sees no end to the trade wars for at least several months, and also tells us what it will take to the get metals moving to the upside again. Don’t miss a jam-packed and terrific interview with Michael Pento, coming up after this week’s market update.
Well, gold and silver markets have been attempting a recovery rally this week, and this morning, they have gotten a little help from a weaker dollar.
The gold market traded above the $1,200 level a couple times this week, and as of this Friday recording, gold prices come in at $1,207 an ounce -- up 1.9% for the week now thanks to a rally this morning. Meanwhile, silver has bounced up and down, but has made no real progress in the past week, trading at $14.87 as of this Friday morning recording, rallying today like gold but flat for the week overall.
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Saturday, August 25, 2018
3 Ways to Fund your Startup Business Idea / Companies / SME
By: Dylan_Moran
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Friday, August 24, 2018
Gold Junior Stocks Q2 2018 Fundamentals / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The junior gold miners’ stocks have been thrashed in August, plummeting to brutal multi-year lows. Such carnage naturally left sentiment far more bearish than usual in this forsaken contrarian sector. But these extremely-battered gold-stock prices certainly aren’t justified fundamentally. Junior gold miners’ collective results from their just-completed Q2’18 earnings season prove their stock prices need to mean revert way higher.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.
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Friday, August 24, 2018
EUR/USD Facing Hurdles / Currencies / Euro
By: FXOpen
The daily chart of EUR/USD indicates that the pair moved into a bearish zone below 1.1600.
Key Points
- The Euro tumbled heavily this month before buyers appeared near 1.1300 against the US Dollar.
- There is an important bearish trend line formed with resistance at 1.1635 on the daily chart of EUR/USD.
Friday, August 24, 2018
US Dollar Rumbling Below the Surface / Currencies / US Dollar
By: Mike_Paulenoff
Today is all about Fed Chair Powell's Jackson Hole Speech at 10 am Eastern, but from a market perspective, we might want to keep a close watch on the reaction of the USD to what Powell says or does not say.
Why? Yesterday's strength in the Dollar has reversed overnight into this morning's pre-market session.
In a post to members at 15:30 yesterday, I posited the following about the USD: "The $64,000 question about Gold and the Gold Miners depends on the direction of the USD: Was the recent decline in DXY the start of a period of weakness or a completed correction?"
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Friday, August 24, 2018
S&P and NASDAQ are Up 5 Consecutive Months. Russell is up 6 Months. What’s Next / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
With a little more than 1 week left in August, it looks like the S&P 500, NASDAQ, and Russell 2000 will all close higher this month vs. the previous month. In other words, unless the stock market makes a downwards reversal next week, the S&P and NASDAQ will be up 5 months in a row while the Russell will be up 6 months in a row.
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Friday, August 24, 2018
A Saudi-Iran Oil War Could Break Up OPEC / Commodities / Crude Oil
By: OilPrice_Com
When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowing demand in Asia, ample supply, and a brewing price war between Saudi Arabia and Iran.
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Friday, August 24, 2018
Combining Andrews and Elliott Wave to find the Third Wave / Stock-Markets / Stock Markets 2018
By: Ron_Jaenisch
Over the years the question of whether the Andrews lines and rules can be used in conjunction with Elliott wave to locate the popular third wave has come up several times. Third waves are popular with Elliott wavers because they often result in long and strong moves. In this article you will see that it is possible and that using the earlier - 1970 era Andrews rules (verses the stuff on the web) makes it much easier. We will examine the two stock trades that were written about, before the orders were placed, in the Andrews Email group this year.
The last trade was TYL. The step by step procedure was pretty easy. First the top was verified with the New Major Andrews Pivot Indicator (MAPI).
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Friday, August 24, 2018
Stock Market Just Below New Record Highs, Which Direction Next? / Stock-Markets / Stock Markets 2018
By: Paul_Rejczak
Wednesday's trading session was pretty uneventful, as stocks fluctuated following Tuesday's advance. The S&P 500 index remains close to its Tuesday's new record high of 2.,873.23. But will it continue higher? Or is this a topping pattern before downward reversal?
The U.S. stock market indexes were mixed between -0.3% and +0.4% on Wednesday, as investors took some short-term profits off the table following the recent advance. The S&P 500 index reached the new record high at the level of 2,873.23 on Tuesday, as it broke slightly above its January's 26th high of 2,872.87. The Dow Jones Industrial Average lost 0.3% and the technology Nasdaq Composite gained 0.4% yesterday.
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Friday, August 24, 2018
Things You Should Know About the Last Year of this Stocks Bull Market / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
Now that the S&P 500 has made a new all-time high, we can put the January-February 2018 “small correction” behind us and focus on what lies ahead.
For starters, the S&P 500’s forward returns are pretty bullish (see study).
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Friday, August 24, 2018
EUR/GBP Remains in Uptrend / Currencies / Euro
By: FXOpen
The daily chart of EUR/GBP remains in an uptrend above the 0.8940 support.
Key Points
- EUR/GBP is following a significant uptrend above the 0.8900 swing low.
- There are two bullish trend lines in place with supports near 0.8940 and 0.8880 on the daily chart.
Friday, August 24, 2018
Mattress Guides to Help You Choose Your Next Mattress / Personal_Finance / Shopping
By: Dylan_Moran
It seems like you can’t watch something on TV, or even visit the mall, without someone trying to sell you a mattress. There are so many choices out there; you could hardly be blamed for being overwhelmed; especially if you have a health condition to consider. Here are some tips to help you choose the right mattress for you.
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Thursday, August 23, 2018
Fiat Currency Inflation, And Collapse Insurance / Currencies / Fiat Currency
By: Raymond_Matison
FIAT CURRENCY INFLATION, AND COLLAPSE INSURANCE
Insurance against fiat currency
Billions of people covering a vast land mass around the globe do not have insurance of any sort. Why? It is because they own few assets. No house, no car, just a hovel with no electricity or water at the foothills of some nondescript mountain. By contrast, those who live in advanced economies have assets worthwhile protecting against loss. Thus, we in America have homeowners insurance to protect against the loss of our dwelling, auto insurance to protect against the involuntary conversion of our movement conveyance into scrap metal, and to protect our financial assets against a lawsuit which could strip us of our savings and investment assets in the face of our fault in an automobile accident. Further, we protect our family’s income and savings by purchasing life or disability insurance. We buy insurance because we do have assets, and believe it worthwhile to protect those assets against unforeseeable loss, when the cost of that insurance is affordable.
Why is it then, that we do not protect our assets against the major foreseeable and persistent source of asset loss – that of loss in the value of our currency. Should we not have protection against inflation and the resulting loss of value or purchasing power in our fiat currency represented in our pension funds, stock or bond funds, or savings and money market account assets? We know and acknowledge that inflation robs us of our savings each and every year. Since 1971, even using the contrived statistics used in calculating the Consumers Price Index, the value of a 1971 collar is just worth $0.16 today. That is a very significant loss in value over a relatively short period of time.
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Thursday, August 23, 2018
How China’s Mobile Ecosystems Are Making Banks Obsolete / Companies / Banking Stocks
By: Ellen_Brown
The U.S. credit card system siphons off excessive amounts of money from merchants. In a typical $100 credit card purchase, only $97.25 goes to the seller. The rest goes to banks and processors. But who can compete with Visa and MasterCard?
It seems China’s new mobile payment ecosystems can. According to a May 2018 article in Bloomberg titled “Why China’s Payment Apps Give U.S. Bankers Nightmares”:
Read full article... Read full article...The future of consumer payments may not be designed in New York or London but in China. There, money flows mainly through a pair of digital ecosystems that blend social media, commerce and banking—all run by two of the world’s most valuable companies. That contrasts with the U.S., where numerous firms feast on fees from handling and processing payments. Western bankers and credit-card executives who travel to China keep returning with the same anxiety: Payments can happen cheaply and easily without them.
Thursday, August 23, 2018
Gold Bullion Bank Charades and the Importance of Long-Term Thinking / Commodities / Gold and Silver 2018
By: MoneyMetals
Recently, I gave an inside look into the competitive and honest market in which precious metals dealers operate. It’s a market based on supply and demand for actual physical metal in the form of coins, bars, or rounds.
However, the futures market – where global spot silver and gold prices are set – is another story.
The supply and demand for actual physical bars is pretty much irrelevant when exchanging paper contracts.
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Thursday, August 23, 2018
GCSE Exam Results Day Shock - Video! / Personal_Finance / Educating Children
By: N_Walayat
It's GCSE results day today, where 600,000 16 year olds across England and Wales will have been busy popping down to their secondary schools to find out if they managed to get their target GCSE grades for the courses they intend on enrolling for September start.
Overall minimum pass grades awarded of C/4 are marginally down on last year but English is up, Whilst a C is a pass, given the competition to get accepted on courses then the ultimate objectives are to achieve the A* and 9 grades for selected subjects. So if a student is choosing to enrol on say 3 A-levels in September then the objective would be to achieve 3 A*'s in those 3 chosen subjects as a sign of having the capability to go on and achieve a similar grade at A level.
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Thursday, August 23, 2018
Is The 50-year Gold Mining Bear Market Coming To An End? / Commodities / Gold and Silver Stocks 2018
By: Hubert_Moolman
Gold stocks is in a 50-year bear market when measured in gold. This (very) roughly means that on average, it has been more economical to buy gold rather than to mine it.
Interestingly, South African gold mining production peaked two years after, in 1970, as if to confirm that mining was getting rather uneconomical.
There are a peculiar set of reasons why gold mining was so uneconomical, and this I address in my other publications.
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Thursday, August 23, 2018
Big Money and the Big Lie / Currencies / Fiat Currency
By: Rob_Kirby
The picture below is one of the most important pieces anyone could look at to begin understanding the true nature/condition of our global financial system:
This picture depicts the life cycle of “ANY” fiat currency with compound interest. This concept is explained thoroughly by Chris Martenson on his web site under the moniker of The Accelerated Crash Course. I recommend everyone read it.
Thursday, August 23, 2018
Gold Stocks Crash! Now What? / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
Last week GDX and GDXJ were down almost 12% at their lows on Thursday. Since then, they’ve recovered but only a tiny fraction of recent losses.
The crash did result in the miners reaching an extreme oversold condition while trading around long-term support at their December 2016 lows. It was the perfect setup for shorts to cover. That combination often results in at least a relief rally.
While a rally is underway, where it goes from here remains to be seen.
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Thursday, August 23, 2018
Car Pricing For Large Model Vehicles in 2018 / ConsumerWatch / Motoring
By: Dylan_Moran
Big cars are as popular as ever, but if you’re looking to buy a brand new big car in 2018, you need to know about the current value and costs of these bigger car models. Let’s take a closer look at some of the common big car model pricing for this year, along with what you need to keep in mind when shopping for a new car.Read full article... Read full article...