Friday, September 08, 2017
If America exits the Paris Accord, climate risks will intensify for emerging Asia / Politics / Climate Change
By: Dan_Steinbock
Even before Irma and its successors, Typhoon Hato and Hurricane Harvey caused massive devastation from the US to Asia. If America will withdraw from the Paris climate agreement, emerging Asia will pay the highest price.As I left Manila, tropical storm Isang passed the Batanes area in northern Philippines. When I flew to Guangzhou, the low-pressure area morphed into a tropical depression southeast to Taiwan and then into a typhoon in the South China Sea. On August 23, Hato’s eye was directly over Hong Kong as rapid intensification turned it into a category 3-equivalent typhoon. Days later, Hato had left behind 26 people killed, and damages amounting to $1.9 billion in mainland China.
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Friday, September 08, 2017
Copper, Oil, Gold and US Stocks: Markets Big Picture Status / Stock-Markets / Financial Markets 2017
By: Gary_Tanashian
Sometimes I like to trot these lumbering monthlies out so we can quiet everything down and see where various markets are slowly heading.
First of all, as I go down with my ‘strengthening US dollar’ ship*, I also mal-projected copper’s upside. I’d felt that $3/lb. would cap Doctor Copper because it is very clear lateral resistance at a handy 38% Fib retrace.**
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Friday, September 08, 2017
Gold Soars Above $1300 as Concerns Mount / Commodities / Gold and Silver 2017
By: ElliottWave-Forecast
By EWFHendra : Gold has tested $1300 level 3 times since April and it finally broke above the level on Monday and rose to the highest level this year. The trigger of the break seems to be the North Korea firing a ballistic missile over Japan, which boosts the safe haven demand. The yellow metal then extended the rally to 11 month high after North Korea nuke test. Gold’s strength, however, can not be attributed to just one event, but rather over a series of concerns which start to build a wall of worry among investors.
Friday, September 08, 2017
OverClockers UK Custom Built Gaming PC Review: 1. Delivery and Unboxing / Personal_Finance / Resources & Reviews
By: Adnaan_Walayat
Here's the first video in our series of exactly what to expect when buying a custom built PC from a major UK custom PC builder, OverClockers UK. So 10 calendar days after placing the order delivery day has arrived. But how reliable will the days delivery window be? And then after delivery it's unboxing time to find out exactly what's been delivered, has it all survived transit intact? Find out now of what to expect when ordering from OverClockers UK and probably most similar custom PC builders.
Friday, September 08, 2017
Financial Planning: The Importance of Building a Diverse Investment Portfolio / Personal_Finance / Pensions & Retirement
By: Boris_Dzhingarov
“Planning is bringing the future into the present so that you can do something about it now.” - Alan Lakein
It is vital not to underestimate the importance of planning for your retirement as well as your future. Simply stated, even in countries where there the state offers what used to be adequate pensions, the cost of living has risen to the extent that it is tough to make ends meet solely on a state pension.
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Friday, September 08, 2017
Gold : The Anatomy of the Bottoming Process . / Commodities / Gold and Silver 2017
By: Rambus_Chartology
Today I would like to show you some short and long term charts for some of the PM stock indexes. In the very short term they have had a good run and are getting overbought and need to work off some of the bullishness. This is perfectly normal and should be expected. What we need to focus in on now is where we should look for support to keep the uptrend intact.
This first chart is a daily look at the HUI which shows us a one year support and resistance line. Two weeks ago already, the HUI broke above that very important S&R line telling us the bulls were in charge after the bears held resistance keeping the bull in check. Now we should look for that S&R line to reverse its role to what had been resistance, to now support. Critical support comes in around the 207 area which would be the backtest. The green circle shows where the 20 day ema crossed above the 50 day ema back in August for a buy signal.
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Friday, September 08, 2017
When the United States Owned Most of the Gold on Earth / Commodities / Gold and Silver 2017
By: Michael_J_Kosares
Few Americans know that, just after World War II, the United States owned most of the gold bullion on earth – about 22,000 metric tonnes. In fact by 1945, it owned over 80% of the gold held by nation-states and central banks – an impressive display of economic power. Now it owns just over 8000 metric tonnes, which represents about 42% of the total global reserve.
The lost 14,000 tonnes were expended in defense of the $35 per ounce gold benchmark price established under the 1944 Bretton Woods Agreement. In addition to the fixed price of gold, the U.S dollar came to represent a fixed weight of gold, i.e., 1/35th of a troy ounce, and the rest of the world’s currencies were then pegged to the dollar. The United States agreed under Bretton Woods to redeem gold from the other signatories at the rate of $35 per ounce should any of the participants determine that gold might be a better alternative for a portion of their reserves than U.S. dollars. “The dollar,” American policy makers were wont to say, “was as good as gold.”
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Thursday, September 07, 2017
Gold Price is Headed to $1,500 by Year End / Commodities / Gold and Silver 2017
By: Jason_Hamlin
A confluence of factors has been pushing the price of gold higher over the past few weeks and I believe it is headed for $1,500 by the close of 2017. After hitting a low around $1,200 in July, the price of gold has since advanced by more than 10% or $140 to $1,340.
The chart shows a significant breakout through both the 100 and 200-day moving averages over the past month. More importantly, gold pierced trend-line resistance that had been in place for over a year.
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Thursday, September 07, 2017
Key Labor-Day Analogies in Gold / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
It was not so long ago, when we wrote about the record-breaking volume in gold. We described the implications of the extreme monthly volume and we discussed the very high readings in case of the individual sessions. We even described these sessions as the most important sessions of the year – at that time. Well, “at that time” those volume readings were indeed extreme, but what we saw yesterday made the previous sessions seem regular. The Tuesday’s volume in gold was the highest that we’ve seen ever (in case of daily upswings). The volume was even higher than the one that accompanied the results of the Brexit voting. With extreme volume, likely come extreme implications.
Thursday, September 07, 2017
Top 3 Technical Trading Tools Part 3: MACD / InvestorEducation / Learn to Trade
By: EWI
"Guessing or going by gut instinct won't work over the long run. If you don't have a defined trading methodology, then you don't have a way to know what constitutes a buy or sell signal. Moreover, you can't even consistently correctly identify the trend."Jeffrey Kennedy is an accomplished teacher and a Senior Analyst here at Elliott Wave International. He feels strongly that, in addition to risk management and emotional discipline, the right technical tools can also add confidence and clarity to your Elliott wave counts.
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Thursday, September 07, 2017
Do Your Really Want $5,000 to $10,000 Gold? / Commodities / Gold and Silver 2017
By: Dudley_Baker
It’s Time to Buy Gold as Insurance.
Investors in the resource sector are starting to lick their chops at the prospects of $5,000 to $10,000 gold within the next few years or perhaps sooner.
Mining shares and especially the junior mining and exploration companies should soar in price with many 10 baggers, 20 baggers and more.
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Thursday, September 07, 2017
Hurricane Harvey’s Short-Term Impact May Be Higher Oil Prices / Commodities / Crude Oil
By: John_Mauldin
Harvey hit hard the heart of the US oil industry.
So far, it has shut down 11.2 percent of US refining capacity (about one-third of all US refining capacity is in Texas’ Gulf Coast) and roughly 25 percent of US oil production from the Gulf of Mexico (accounting for about 20 percent of US crude production). It has also closed all ports along the Texas coast.
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Thursday, September 07, 2017
Forecasting US 30-Year Treasury Bond Yields / Interest-Rates / US Bonds
By: Francois_Soto
The movement of interest rates affects lenders and creditors across global markets while influencing key variables such as output, employment, etc.We predict the US Generic 30-Year Treasuries Yield using a selection of macroeconomic variables chosen from hundreds of time series available.
We trade US1 future contracts based on the differential between the regression output and the actual yield and this strategy is profitable.
Interest rates are an important monetary policy tool to gauge the state of the economy and for policy makers to act accordingly. Per its definition, it is the rate at which interest is paid by a borrower for the use of money. The movement of interest rates affects lenders and creditors across global markets while influencing key variables such as output, employment, consumption, etc.
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Thursday, September 07, 2017
Is Copper Signalling inflation or Higher Stock Market Prices / Stock-Markets / Stock Market 2017
By: Sol_Palha
An idealist is one who, on noticing that a rose smells better than a cabbage, concludes that it is also more nourishing.
- L. Mencken
Many pundits associate higher copper prices with inflation. While this is true to a degree, that is the wrong metric to focus on. Higher copper prices are usually associated with an improving economy. For the past few years, Copper which is a leading indicator did not trend in sync with the markets. It was marching to a different drum beat, but a new trend could be in the works.
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Thursday, September 07, 2017
Yet Another Theory of the Fed? Uggh! / Interest-Rates / US Federal Reserve Bank
By: F_F_Wiley
The world hardly needs another theory of the Fed, especially so soon after its Jackson Hole symposium. But we have a theory, too, and who knows, ours could be as close to the bulls-eye as any of the others. Plus, our theory is easy to explain—it rests on the simple premise that decision makers worry mostly about their reputations. We’ll propose that reputational risks are the primary drivers of central bank policies, and then we’ll use that belief to predict a major policy shift.
Thursday, September 07, 2017
Physical Gold In Vault Is “True Hedge of Last Resort” – Goldman Sachs / Commodities / Gold and Silver 2017
By: GoldCore
– Physical gold is “the true currency of the last resort” – Goldman Sachs
– “Gold is a good hedge against geopolitical risks when the event leads to a debasement of the dollar”
– Trump and Washington risk bigger driver of gold than risks such as North Korea
– Recent events such as N. Korea only explain fraction of 2017 gold price rally
– Do not buy gold futures rather “physical gold in a vault” is the “true hedge”
Thursday, September 07, 2017
EURJPY Might Be Forming Double Top Pattern / Currencies / Euro
By: Franco_Shao
After touching 131.39 previous high resistance, EURJPY pulled back sharply from 131.70 and broke below a major support trend line on on the 4-hour chart. The pair might be forming a double top pattern with neckline at 127.56, a breakdown below this level could confirm the pattern.
Wednesday, September 06, 2017
Copper Price Movements Augur Well for Silver / Commodities / Gold and Silver 2017
By: The_Gold_Report
The charts are increasingly looking positive for silver, technical analyst Clive Maund says, and copper's price movements are good news for silver.
The long base pattern in silver continues with positive price/volume action of recent weeks suggesting that it is approaching completion. On its 10-year chart we can see the giant Head-and-Shoulders bottom pattern that has formed in silver, which parallels the one in gold, but is downsloping because silver tends to underperform gold at the end of bear markets and early in bull markets.
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Wednesday, September 06, 2017
US Dollar Crashing, Gold Soars: Justuce at Last! / Currencies / US Dollar
By: The_Gold_Report
As the North Korean crisis escalates, Tom Beck, founder of Portfolio Wealth Global, discusses the rise of gold and other metals.
North Korea fired a ballistic missile over Japan last Tuesday, sending gold to its highest level in 2017. Last month, we told you that Ray Dalio, the world's largest hedge fund manager, suggested holding up to 10% of your portfolio in gold, warning of rising risks.
It's time to effectively prepare for the best buying opportunities.
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Wednesday, September 06, 2017
Why Korean Tensions Should Soon Ease: The Effect on the Dollar and Precious Metals / Commodities / Gold and Silver 2017
By: The_Gold_Report
The tensions centered on the Korean peninsula should soon ease, leading to a rally in the dollar and a (mild) reaction in precious metals and other commodities like copper, says technical analyst Clive Maund.
There can be no denying that what we have previously referred to as "The Empire" is intent on world domination. The evidence is there for all to see in the form of a vast network of military bases spread across the globe, and a history of invasion of various countries by the Empire in recent years in pursuit of its geopolitical objectives. The economic engine that drives the Empire and supports its imperialistic ambitions is the dollar, whose Reserve Currency status means that infinite quantities of it (or proxy derivatives like Treasuries) can be printed up and swapped for goods and services with any and all countries around the world, and it is this dynamic that supports the formidable U.S. military machine.
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