Wednesday, August 30, 2017
Alert: Gold Price Breaks Out to New 2017 High / Commodities / Gold and Silver 2017
By: MoneyMetals
Gold’s naysayers and doubters came out in full force earlier this summer as sentiment reached its nadir. The mid-year pullback in prices did, too.
There can be no doubt about it now – gold has broken out of its summer doldrums. On Monday, the yellow metal finally broke through the longstanding $1,300/oz resistance zone to make a new high for the year at $1,316.
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Tuesday, August 29, 2017
SPX Futures Challenging Support / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
SPX futures are down to challenge the Cycle Bottom support at 2430.17 and the Head & Shoulders neckline at 2417.35 with a morning low in the futures at 2421.25. It is currently retesting the Cycle Bottom as resistance and may now have the ability to break the neckline. Since this Cycle has nearly taken 4.3 days (from the 2454.77 high), it is my opinion that this Cycle may take up to 8.6 days.
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Tuesday, August 29, 2017
Gold Price Surges 2.6% After Jackson Hole and North Korean Missile Launch / Commodities / Gold and Silver 2017
By: GoldCore
– Gold surges as N. Korea fires ballistic missile over Japan
– Safe haven buying sees gold break out to 10-month high after Jackson Hole and rising North Korea risk of attack on Guam
– South Korea’s air force dropped eight MK 84 bombs near Seoul; simulating the destruction of North Korea’s leadership
– Gold rises from $1,291 to $1,325; Silver surges 3.2% from $17.05 to $17.60
– Volatility as seen in VIX surges as stocks fall; FTSE -1.1%
Tuesday, August 29, 2017
Discounted Mortgages Make Better Deals for First Time Home Buyers / Housing-Market / Mortgages
By: MoneyFacts
First-time buyers looking for a mortgage may instinctively opt for a fixed rate deal to give them the peace of mind of knowing their monthly repayments won’t change even if base rate rises. However, research from moneyfacts.co.uk shows that first-time buyers may be significantly better off if they were to opt for a discounted variable rate deal instead, as the average fixed rate at 95% loan-to-value (LTV) is 0.82% more expensive than the current average discounted variable rate.
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Tuesday, August 29, 2017
Borrow Using Credit Cards Instead of Loans to Save Over £200 / Personal_Finance / Debt & Loans
By: MoneyFacts
The current low interest rate environment is no doubt popular with borrowers, however, an unsecured personal loan is not always the most cost-effective choice when it comes to borrowing small amounts. The latest research from moneyfacts.co.uk reveals that consumers could save over £200 by using a competitive credit card instead.
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Tuesday, August 29, 2017
Gold and Silver - Shifting the Narrative / Commodities / Gold and Silver 2017
By: The_Gold_Report
Precious metals expert Michael Ballanger discusses gold's breakout and its correlation to the U.S. dollar and cryptocurrencies. For most of the past eight weeks, the financial media have been attempting to tilt the scales of conversation away from the weak macro backdrop in favor of the new initiative on Afghanistan and/or the Trump White House and/or domestic and international terror. As stocks rally in the face of flat earnings growth and rising P/Es, I have noticed an unwavering tendency for dips to be bought firstly by the pre-programmed computer programs, then by traders, and finally by the investing public who continue to behave as instructed by the Behavioral Architects that reside within the Working Group on Capital Markets and execute through the N.Y. Federal Reserve. Similarly, gold now above $1,300 and silver above $17.10 have in the past been faded like old swimsuits as all eyes are glued to the rising open interest and bullion bank aggregate short positions that are historical precursors for criminal takedowns.
Tuesday, August 29, 2017
Cryptocurrencies Hit All-Time Highs, Gold Spikes Higher As Investors Flee The Stock Market / Currencies / Bitcoin
By: Jeff_Berwick
Bank of America Merrill Lynch reported this week that investors had pulled $30 billion from US stock funds over the last ten weeks. And, the latest week of outflows marks the 10th straight week of withdrawals, the longest in more than a decade.
Investors pulling $30 billion from the stock market in the last ten weeks is very interesting as the value of all cryptocurrencies has simultaneously surged by $47 billion in the last ten weeks.
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Tuesday, August 29, 2017
USDJPY Is Facing Major Support At 108.13 / Currencies / US Dollar
By: Franco_Shao
USDJPY moved sideways in a trading range between 108.13 and 115.50 for several months and is now facing the previous low support level at 108.13 once again.
Tuesday, August 29, 2017
How to Get GCSE Exam A*'s, 9 in Maths and English, Top 10 Tips! / Politics / Education
By: N_Walayat
It was GCSE exam results day last Thursday when Britain's 16 year olds found out if they achieved their expected GCSE grades allowing them to move up the education ladder to A Levels and vocational training on the path to University. Therefore it is a good time to find out from those who did well what are their top tips for getting A* GCSE Exam Grades for future exam entrants.
Monday, August 28, 2017
The Amount Of Dollars In Existence Relative To The Silver Price Points To Much Higher Prices / Commodities / Gold and Silver 2017
By: Hubert_Moolman
Silver is currently trading around $17 an ounce. This is around 34% of its 1980 all-time high of $50. However, this is an incomplete representation of what silver is really trading at, relative to US dollars. When you look at the silver price, relative to US currency (the amount of actual US dollars) in existence, then it is at its lowest value it has ever been.
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Monday, August 28, 2017
Trump’s Decision On North Korea Will Define His Administration / Politics / North Korea
By: John_Mauldin
BY GEORGE FRIEDMAN AND JACOB L. SHAPIRO : Most US presidencies are defined by their foreign policies, and most foreign policies are defined by wars—those that were fought and those that weren’t.
The biggest decision an American president faces is whether to send the nation’s soldiers into certain danger to protect and defend the national interest.
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Monday, August 28, 2017
The Big Long in World Stock Market Indices / Stock-Markets / Stock Market 2017
By: ElliottWave-Forecast
Since the decline starting from year 2000, the world has been calling for a huge crash in world indices. The world indices did in fact corrected nicely in the year 2000 and 2009. The correction took the form of a FLAT Elliott wave structure and reached 50%-61.8% of the all-time rally in most of the world indices. This correction is even recorded in a movie titled “The Big Short” telling story about a group of traders shorting the market.
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Monday, August 28, 2017
Diversify Into Gold On U.S. “Political Instability” Advise Blackrock / Commodities / Gold and Silver 2017
By: GoldCore
– Gold set to shine as Washington stumbles
– “Bet on gold’s diversifying properties rather than political stability”
– World’s largest asset manager believes Trump and political drama in the U.S. means gold likely to rise
– Real rates flattening out and rising political instability – Blackrock’s Koesterich
Monday, August 28, 2017
The Death Of Cash – New Tech To Revolutionize The Payments Industry / Companies / War on Cash
By: OilPrice_Com
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Monday, August 28, 2017
Stocks Extend Their Fluctuations - Which Direction Is Next? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly:
Intraday trade: Our Friday's neutral intraday outlook has proved accurate. The S&P 500 index extended its short-term consolidation. The market may continue to fluctuate today. There have been no confirmed positive signals so far. On the other hand, the S&P 500 index remains above support level marked by last week's Tuesday's daily gap up of 2,430.58-2,433.67, and there is no clear short-term downtrend. Therefore, we prefer to be out of the market today, avoiding low risk/reward ratio trades.
Our intraday outlook remains neutral, and our short-term outlook is bearish, as we expect downward correction. Our medium-term outlook remains bearish:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Monday, August 28, 2017
EURGBP Is Facing 0.9305 Resistance / Currencies / Euro
By: Franco_Shao
EURGBP formed a double bottom pattern on its daily chart, with neckline at 0.8851 and measured move target at around 0.9400. After breaking above the neckline resistance, the pair extended its bullish movement to as high as 0.9270, facing the resistance at the October 2016 high of 0.9305.
Monday, August 28, 2017
Stock Market Counter-trend Rally / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: The uptrend should continue after pausing for a correction.
SPX Intermediate trend: “An ending pattern appears to be in its last stages of completion. This should be followed by an intermediate term correction into October.” The correction has started.
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 discuss longer market trends.
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Sunday, August 27, 2017
Becoming the Best Essay Writing Service UK Brings Many Benefits / Companies / SME
By: Submissions
Everyone is searching for essay writing services nowadays and such writers are always in high demand. Today`s busy world requires immediate reaction and those that wish to spare time for their academic duties often choose to hire professionals to write their essays. However, not all writing services are quality ones, so it is of crucial importance to find the best essay writing service uk for your needs. Read full article... Read full article...
Sunday, August 27, 2017
USD Super Cycle Update / Currencies / US Dollar
By: SurfCity
My first chart is a 27 year Weekly showing a Fractal comparing the price action we are seeing today against the USD’s last Super Cycle top in 2001. The USD’s Super Cycles last 15 years Low to Low on average and my chart shows the critical role that the 200wma plays in the USD’s Bull and Bear phases.
Clearly, the USD is teetering at critical support right now as my chart shows what happened the last tine in 2002 when it lost this key, long term, moving average. My second weekly chart shows a close up of the current Fractal Blue box in my first chart.
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Sunday, August 27, 2017
Jackson Hole and the Appalachians / Interest-Rates / Central Banks
By: Raul_I_Meijer
The Jackson Hole gathering of central bankers and other economics big shots is on again. They all still like themselves very much. Apart from a pesky inflation problem that none of them can get a grip on, they publicly maintain that they’re doing great, and they’re saving the planet (doing God’s work is already taken).
But the inflation problem lies in the fact that they don’t know what inflation is, and they’re just as knowledgeable when it comes to all other issues. They get sent tons of numbers and stats, and then compare these to their economic models. They don’t understand economics, and they’re not interested in trying to understand it. All they want is for the numbers to fit the models, and if they don’t, get different numbers.
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