Wednesday, June 21, 2017

Inflation is No Longer in Stealth Mode / Economics / Inflation

By: GoldCore

• IHS Markit index shows UK households pessimistic about finances for 2017-18
• UK household finances remain under intense pressure from rising living costs
• 58 percent of respondents expected higher interest rates in 12 months time
• Inflation in the United Kingdom currently at near four-year high
• Prices up prices by 2.9pc year-on-year, biggest annual increase since June 2013
• In May consumer spending in the UK fell for the first time in almost four years

Wednesday, June 21, 2017

Sprinklers for All 24 Sheffield City Council Tower Blocks, What About Other 100? / Local / Sheffield

By: N_Walayat

Sheffield city council announces on twitter that they will be installing sprinkers in all of their 24 tower blocks. Though it's a pity it took the deaths of approx 100 people at Grenfell Tower in Kensington for SCC to do what they should have done many years ago, espcially in the wake of the 2009 Lakanal House tower block fire. Also, no time table was given for when the installaiton of sprinkers will be completed. Is it tasked as a matter of urgency i.e. within a couple of months, or will the council put their feet up and take several years?

Tuesday, June 20, 2017

We’ve Entered A Period Of Maximum Monetary Uncertainty / Interest-Rates / US Interest Rates

By: John_Mauldin

BY PATRICK WATSON : America is fully employed, or so say the statistics.

Federal Reserve officials think the job market is strong enough to justify higher interest rates. They’re afraid inflation will get out of control.

But if inflation is a problem, it’s not yet apparent in the average worker’s paycheck. “Just wait,” the inflation hawks say.

Tuesday, June 20, 2017

CRUDE OIL UPDATE- “0.30 risk is cheap for changing implication!” / Commodities / Crude Oil

By: Stephen_Cox

Here are 5 charts of WEEKLY CRUDE OIL, telling their interesting MRI 3D story (TIME, PRICE and DEPTH of 4 chart frames) on MAJOR WEEKLY TURNS. Some of these examples presented potentially low risk to high reward implications. The latest example was presented by CRUDE ADC (Daily) CLQ 17 (44.33) Monday.

Tuesday, June 20, 2017

Crude Oil Verifies Price Breakdown – Or Is It Something More? / Commodities / Crude Oil

By: Nadia_Simmons

On Friday, the black gold gained 1.15% and climbed to the previously-broken lower borer of the trend channel. Is this a verification of the earlier breakdown or something more?

Tuesday, June 20, 2017

EURUSD Broke Below Trend Line Support / Currencies / Euro

By: Franco_Shao

Under pressure by the resistance of the November 2016 high of 1.1299, the EURUSD pair pulled back from 1.1295 and broke below the major bullish support trend line at 1.1160 on its daily chart, indicating that a short term top had been formed. Sideways movement in a trading range between 1.1070 and 1.1295 would likely be seen over the next several days.

Tuesday, June 20, 2017

The Middle East Is Blowing Up / Politics / Middle East

By: John_Rubino

Every day brings another scary headline from the Middle East — which makes it easy to treat them as background noise rather than a clear and present danger. But the latest batch is reminiscent of the Balkans circa 1914, which means it may be time to tune back in. Some examples:

Tuesday, June 20, 2017

Trump Backs ISIS As He Pushes US Onto Brink of World War III With Russia / Politics / WW3

By: Jeff_Berwick

If you asked your normal, television programmed American about 9/11, many would still say what a sad day it was, the day the US was attacked by Al-Qaeda’s Muslim extremists.

They are wrong about who did it, of course… but then again they get their “news” from fakestream media and have been drinking fluoride, getting vaccinated and spent their entire childhood in government indoctrination camps.

Al Qaeda, which was a CIA creation has now morphed into ISIS, and the same people are backing ISIS that backed Al Qaeda - the US government, Israel, Saudi Arabia, CIA, and NATO.

Tuesday, June 20, 2017

Elliott Wave Outlook for GOLD and USDJPY / Commodities / Gold and Silver 2017

By: Enda_Glynn

My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: N/A. USD: FOMC Member Fischer Speaks, Current Account, FOMC Member Kaplan Speaks.

Tuesday, June 20, 2017

Stock Market Quick Airpocket Ahead, Gold Miners Look Good / Stock-Markets / Stock Market 2017

By: Brad_Gudgeon

The stock market is due for a sudden air pocket, likely from Tuesday to Thursday this week. My downside target is 2398 . We are due for the 10 week low from April 13, 2017.  The SPX is making an irregular abc type (y) wave top that is not being confirmed by stochastics or the MACD daily. Last time we saw this was May 16-17, 2017 on the 5 and 7 week low. The pattern is bullish once resolved.  We should see a final top on or near July 5-7.

Tuesday, June 20, 2017

North Korea: Is War the Inevitable Outcome? / Politics / North Korea

By: HAA

Shannara Johnson : There’s little doubt that from the moment Kim Jong-un took power in 2011, he has been on a mission to accelerate North Korea’s nuclear program.

There’s also little doubt this is of extreme concern to the US and the Trump administration.

Daily reports of US warships and submarines moving in along the Korean Peninsula and unrelenting missile tests in North Korea have sparked worries that a strike may be imminent. Will we end up in a war with North Korea, and what would be the consequences?

Tuesday, June 20, 2017

Most Popular Auto Trading Tools for trading with Stock Markets / Stock-Markets / Stock Market 2017

By: Submissions

Tuesday, June 20, 2017

Is Amazon/Whole Foods Sign this Cycle’s AOL/Time Warner Party is Over? / Companies / Stock Market 2017

By: John_Rubino

Towards the end of the 1990s tech stock bubble, “new media” – i.e., the Internet — was ascendant and old media like magazines, newspapers and broadcast TV were yesterday’s news. This was reflected in relative stock valuations, which gave Internet pioneer AOL the ability to buy venerable media giant Time Warner for what looked (accurately in retrospect) like an insane amount of money.

Tuesday, June 20, 2017

GDXJ Gold Stocks Massacre: The Aftermath / Commodities / Gold and Silver Stocks 2017

By: The_Gold_Report

Veteran investor Bill Gross' investment strategy offers lessons to all investors, says Lior Gantz, editor of Wealth Research Group.
GDXJ Rebalance

PIMCO (Pacific Investment Management Company) is the largest American-based, private investment company focused on bonds.

As of its last filing, it had over $1.51 trillion in assets under management—that is significant, and the man who founded the company, Bill Gross, has a lot to do with it.

Tuesday, June 20, 2017

Why Walkers Crisps Pay Packet Promotion is RUBBISH! / ConsumerWatch / Freebies and Comps

By: Anika_Walayat

I bet most of you who have been buying hundreds of packets of walkers crisps trying to win from £5 upwards in their pay packet promotion will not have had any success. So here we stand having bought near 600 packs of crisps and with a big fat zero of wins, which brings us to the conclusion that this promotion is RUBBISH! About as good as their 2016 promo for winning 1 of 20,000 holidays that only resulted in about 800 holidays being won. And so I suspect we will see the same for Walkers Pay Packet promotion i.e. the total won is nowhere near the £2 million promoted prize fund. Anyway we shall see, but in our experience this walkers promotion is rubbish, so you should stop wasting your time and money in the remaining weeks because your not going to win anything!

Monday, June 19, 2017

Raise the Inflation Target and Put a Date on It! / Economics / Inflation

By: Michael_Pento

Raise the Inflation Target and Put a Date on It! That’s the direction some high-profile economist and former members on the FOMC want to go. According to these academics, including Narayana Kocherlakota the former president of the Federal Reserve Bank of Minneapolis from 2009 to 2015, raising the inflation target just isn’t enough. They want to put a time horizon on it as well. In other words, they want to raise the inflation target higher than the current 2% level, and then place a firm date as to when that inflation goal must be achieved.

Monday, June 19, 2017

Why The EU’s Recent Plans To Regulate London’s Financial Sector Are Overblown / Politics / BrExit

By: John_Mauldin

By Antonia Colibasanu : A major concern after Brexit was that it will destroy the financial sector in the UK and and the EU since London is a financial hub.

Those who hold this view would see the European Commission’s new plans announced on June 13 to regulate a very lucrative industry in London’s financial sector as a case in point.

Monday, June 19, 2017

Today’s Stock Market Is Not Yet At Dot-Com Bubble Levels / Stock-Markets / Stock Market 2017

By: John_Mauldin

PATRICK WATSON : Worried about a stock market crash?

Valuations are high, yes, but not at the levels seen in the late 1990s dot-com craze.

A Leuthold Group study used the same measures to compare today’s valuations against those in the 1990s. 

Monday, June 19, 2017

7 Signs You Should Add Gold To Your Portfolio Now / Commodities / Gold and Silver 2017

By: HAA

Stephen McBride : Gold got crushed in the post-election rally, but a little over five months into 2017, the yellow metal is up 10.5%—making it one of the best-performing assets of the year so far.

While the outlook for the US economy is more positive than it was 12 months ago, if we zoom out for a moment, the big picture “ain’t so rosy.”

Gold has historically done well in times of uncertainty and panic… and with these seven worrisome signs, there could be plenty ahead.

Monday, June 19, 2017

Bullish Palladium Supporting Commodities / Commodities / Palladium

By: ElliottWave-Forecast

The world is hooked on ‘Palladium’ because of its uses as an industrial metal and catalyst, the consumers are mainly automobile producers as it’s widely used in gasoline-based engine cars to curb harmful emissions from vehicles. Palladium surged +34% this year on expectations that supply will lag demand for a sixth straight year, beating the rest of commodities, combined with last year gains it results in an impressive 95% rally.