Saturday, July 11, 2020

The Bearish Combination of Soaring Silver and Lagging GDX Miners / Commodities / Gold & Silver 2020

By: P_Radomski_CFA

Silver is moving up quite shortly today, which sounds bullish, until one realizes that silver tends to be particularly strong right before the precious metals market tops. And you know what’s the other thing that quite often happens at the tops, in addition to silver’s temporary strength? Miners tend to underperform. What did gold miners do on the last trading day of the previous week?

Friday, July 10, 2020

Stock Market: "Relevant Waves Vs. Irrelevant News" / Stock-Markets / Stock Markets 2020

By: EWI

The stock market is a fractal -- i.e., a self-repeating form at all degrees of trend. Meaning, without the time or price labels, you can't tell if you're looking at a 2-minute chart or at a monthly one.

What's more, stock market trends unfold in repetitive and recognizable price patterns.

What's more, these patterns -- Elliott wave pattens -- emerge regardless of the news.

Friday, July 10, 2020

Prepare for the global impact of US COVID-19 resurgence / Politics / Pandemic

By: Dan_Steinbock

Recently, the US has suffered a series of COVID-19 surges. The escalation won’t stay in America. It is likely to cause collateral damage worldwide. 

In early June, U.S. states began to exit from the lockdown measures, even though the epidemic curve had not been adequately flattened. On July 4th, the White House sought for a “return to normal” with a celebration at Mount Rushmore, where President Trump, who has recently associated himself with far-right “white power” extremists, gave a bizarre speech warning about a “new far-left fascism.”

Friday, July 10, 2020

Golds quick price move increases the odds of a correction / Commodities / Gold & Silver 2020

By: readtheticker

Every market corrects, maybe profit taking, maybe of allowing those who missed out, to get in!

The current open interest on the gold contract looks to high after a very fast price move, it looks like 2008 may be repeating. A quick flushing out of the weak hands open interest may take place before a real advance in price takes place. The correction may be on the back of a wider sell off of risk assets (either before of after US elections) as all assets suffer contagion selling (just like 2008).

This blog view is a gold price correction of 10% to 20% range is a buying opportunity. Of course we may see a very minor price correction but a long time correction, a price or time is correction is expected, we shall watch and wait.

Friday, July 10, 2020

Declaring Your Independence from Currency Debasement / Currencies / Fiat Currency

By: MoneyMetals

Precious metals markets kicked off trading for the third quarter by posting modest declines across the board. 

However, the technical bigger picture for gold and silver still looks strong after the metals recorded impressive gains in Q2.  Gold finished out the quarter trading at its highest level since 2012. That has bulls anticipating new all-time highs for the monetary metal in the near future.

Even though gold is outperforming the stock market in 2020, it isn’t getting much attention from the Wall Street-centric financial media. We suspect public interest in precious metals will begin to surge once gold hits a new record and trades over $2,000. Then the media will be forced to start paying more attention to the sector.

Thursday, July 09, 2020

Tech Stocks Trending Towards the Quantum AI EXPLOSION! / Companies / AI

By: Nadeem_Walayat

This is Part 2 of my extensive analysis (Part 1) that concludes in a detailed 15 year stock market trend forecast (Machine Intelligence Quantum AI Stocks Mega-Trend Forecast 2020 to 2035!). The whole of which has first been made available to Patrons who support my work.

• Why Investors Should Buy Deviations against the Bull Market Highs
• The AI Mega-trend - Moores Law is NOT Dead!
• QUANTUM COMPUTERS
• The Quantum AI EXPLOSION!
• Capitalising on the AI Mega-trend
• AI Stocks Mega-trend
• Formulating a AI Stocks Mega Trend Forecast
• AI Stocks Mega-tend 15 Year Trend Forecast Conclusion
• Dow Quick Technical Take
• Getting Started with Machine Learning
• Black Lives Matter Protests To trigger 2nd Covid-19 Wave?

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

Thursday, July 09, 2020

Gold and Silver Seasonal Trend Analysis / Commodities / Gold & Silver 2020

By: Zeal_LLC

Gold, silver, and their miners’ stocks suffer their weakest seasonals of the year in early summers.  With traders’ attention normally diverted to vacations and summer fun, interest in and demand for precious metals usually wane.  Without outsized investment demand, gold tends to drift sideways dragging silver and miners’ stocks with it.  Feared as the summer doldrums, sometimes unusual catalysts short-circuit them.

This doldrums term is very apt for gold’s summer predicament.  It describes a zone in the world’s oceans surrounding the equator.  There hot air is constantly rising, creating long-lived low-pressure areas.  They are often calm, with little or no prevailing winds.  History is full of accounts of sailing ships getting trapped in this zone for days or weeks, unable to make headway.  The doldrums were murder on ships’ morale.

Crews had no idea when the winds would pick up again, while they continued burning through their limited stores of food and drink.  Without moving air, the stifling heat and humidity were suffocating on these ships long before air conditioning.  Misery and boredom were extreme, leading to fights breaking out and occasional mutinies.  Being trapped in the doldrums was viewed with dread, it was a very trying experience.

Gold investors can somewhat relate.  Like clockwork heading into most summers, gold starts drifting listlessly sideways.  It often can’t make significant progress no matter what trends looked like heading into June, July, and August.  As the days and weeks slowly pass, sentiment deteriorates markedly.  Patience is gradually exhausted, supplanted with deep frustration.  Plenty of traders capitulate, abandoning ship.

Thursday, July 09, 2020

Facebook and IBM Tech Stocks for Machine Learning Mega-Trend Investing 2020 / Companies / AI

By: Nadeem_Walayat

This analysis will now seek to update potential buying levels for AI stocks during Q2 of where stocks could trade down to in terms of technical support levels during the anticipated general stock market correction of about 15% that should be imminent.

Top 5 AI Stocks are all primary, the ordering of which is arbitrary for instance of the 3 Google, Amazon and Microsoft it's a toss up of which comes first. For instance If I was compiling the list today then I would likely put Amazon at No1 ahead of Google. So keep in mind that the rankings are more in terms of primary, Secondary and Tertiary rather than their number order.

Thursday, July 09, 2020

LandRover Discovery Sport Service Blues, How Long Before Oil Change is Actually Due? / ConsumerWatch / Land Rover

By: HGR

When you buy a landrover Discovery Sport your sold a sales pitch that a service is due every 21,000 miles or every 2 years. However, once you start driving the car you soon realise that the sales pitch is BS. The car is just not built well enough to last that long. In fact you will be lucky to make it to 12,000 miles before service is due! In fact googling I see Land Rover have now changed the service interval to every 16,000 miles, which is still too long!

This video illustrates the difference between Landrover's sales pitch and reality, where this car has driven LESS than 4,000 miles since it's last service so what do you think the service counter reads? One would imagine around 15-16,000 miles, get ready to be shocked as most Disco sport owners tend to be!

Thursday, July 09, 2020

Following the Gold Stock Leaders as the Fed Prints / Commodities / Gold and Silver Stocks 2020

By: Gary_Tanashian

Gold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today’s ‘in the bag’ bounce-back Jobs report does little to alter the economic deceleration theme]

We have been on a bullish gold mining view for over a year now. Over that time there have been three interruptions, the downward-biased consolidation from August to November 2019, the flash crash (and very constructive gap filling mission) in March and most recently the pullback that logically began in May as broad stock market relief started to fan out to more and more momentum chasers who’d finally gotten the hint that the Fed means to devalue the US currency (in competition to a degree with its global counterparts seeking to do the same), making cash a non-viable investment position (other than for risk management to the bullish asset market atmosphere).

Thursday, July 09, 2020

Gold RESET Breakout on 10 Reasons / Commodities / Gold & Silver 2020

By: Jim_Willie_CB

The entire global financial structure is in the process of faltering, breaking, and crumbling. It is better described as sabotage by the Globalist cabal in league with their fascist partners. As the entire economy fractures, as all debt faces failure, as most assets break down, as countless households struggle, the King Dollar faces a certain sunset, true safe haven will be uniformly sought. Correspondingly, the Gold price is ready to launch onward and upward. It will light the fuse on the Silver price in sequence. Demand will skyrocket, while supply has been limited. Behold the greatest fraud and hoax in the history of mankind behind the corona virus. It is named after the Queen of England, a primary funding partner. She filed a corona virus patent in December 2018, from engineered creation. The COVID-19 entity is far more a fascist project to force political change than actually a virus at all. The disease is a mirage, and exaggerated agent of deep fear and fright. Let it be known that not 5% of the population know what a virus is, how it works, the method to identify, or the best prevention. Ignorance is a great ally to the global cabal.

Thursday, July 09, 2020

Fintech facilitating huge growth in online gambling / Companies / Gambling

By: Submissions

Advancements in technology have transformed the online gambling industry, allowing it to become one of the most lucrative business sectors in the world.

Experts have estimated that global revenues may top $60 billion in 2020, with future forecasts predicting substantial growth over the next few years.

The boom in online gambling has been driven by numerous factors including the increasing utilisation of fintech for processing payments.

Thursday, July 09, 2020

Online Creative Software Development Service Conceptual Approach / Companies / SME

By: Umer_Mahmood

Software development tasks have lots of attractive and user-friendly ideas that can be preceded by following useful tips and tricks. There are many people and businesses minded persons who take interests to choose the best and the top Software development Companies to accept their challenges and want to resolve their demanding work plans with the help of experienced and competent experts. Find perfect instant help and support from the legendary service providers and get 100% guaranteed work response to deliver the right concepts with intellectual service ideas.

Wednesday, July 08, 2020

Coronavirus Pandemic UK and US Second Waves, and the Influenza Doomsday Scenario / Politics / Pandemic

By: Nadeem_Walayat

Three weeks ago I warned to expect an end to the trends of reducing number of deaths from covid 19 in the wake of black lives matters protests, lack of social instancing and winding down of lockdown's across the US and UK, where the only figure that actually counts in terms of the impact of the virus is in the number of deaths.

Whilst my analysis of Mid March warned to expect several pandemic waves where each subsequent wave 'should' be smaller than the one before due to increased institutional, governmental and individual intelligence on combating the virus..

Wednesday, July 08, 2020

States “On the Cusp of Losing Control” and the Impact on the Economy / Economics / Coronavirus Depression

By: John_Mauldin

“The future progression of the pandemic remains highly uncertain.”

The Federal Reserve wrote those words to Congress in its recent “Monetary Policy Report.” These are usually rather vague, dry documents on everything the Fed is doing right and what could possibly go wrong. This report is more interesting than usual because so many things have gone wrong and may get even worse.

Not that the Fed has good answers, of course. But here’s what it does know.

Many of the first countries the virus struck—China, South Korea, Japan, New Zealand, Italy, Spain—brought it under control with aggressive lockdowns, testing, contact tracing, social distancing, and isolation of confirmed cases.

Wednesday, July 08, 2020

Gold During Covid-19 Pandemic and Beyond / Commodities / Gold & Silver 2020

By: Arkadiusz_Sieron

What a crazy six months! Let’s look at the chart below. As you can see, over the first half of the year, gold gained more than 16 percent, rising from $1,515 at the end of December 2019 to $1,762 at the end of June 2020.

Wednesday, July 08, 2020

UK Holidays 2020 - Driving on Cornwall's Narrow Roads to Bude Caravan Holiday Resort / Personal_Finance / Travel & Holidays

By: N_Walayat

Lockdown has ended. So here's what it's like to follow your Google Map Sat Nav to the Bude Caravan Holiday Resort situated about a mile north of Bude Town just off the coast of North Cornwall.

Your Sat nav is going to take you down Maer lane, which just gets narrower and narrower to the point where barely a single vehicle can get through eventually making it to the entertainment centres gates. However the actual entrance to the resort is further along.

A far better entry route to the resort is to just ignore your sat nav and not head down Maer Lane but instead head towards Bude town and wait for your sat nav to recalculate a better route alone the much easier southern track to the resort entrance.

Wednesday, July 08, 2020

Five Reasons Covid Will Change SEO / Companies / SME

By: Sumeet_Manhas

The COVID situation has necessarily affected our lives and has changed the way we do or perceive a lot of things. What seemed normal then, seems absurd now. Of all the things that have changed, what changed the most is the way people do business. Today we are speaking to Graham Grieve at A1 SEO Glasgow, who’s website ranks well for competitive terms such as SEO Glasgow, SEO agencies Glasgow and other super competitive terms.

While offline businesses have taken a hit due to lockdown and other restrictions, online businesses are booming. E-commerce is on the rise since everyone is trying to shift their business online. More and more new online stores are opening up each passing day. And as actions have consequences, this will to.

Wednesday, July 08, 2020

What Makes Internet Packages Different? / Personal_Finance / Internet

By: Travis_Bard

Internet plans vary depending on your needs. Internet connections come in five forms – dial-up, cable, DSL, satellite, and fiber.

• Dial-Up: this is the slowest form of internet connection because it doesn't support broadband and has limited bandwidth.

• Cable: uses the same types of cable that transmit cable television services. Through cable internet, you have the broadband capability and can reach high speeds. Cable internet is usually available through current or former cable television providers in their respective areas. Cable internet can have fast speeds.

Tuesday, July 07, 2020

Saudi Arabia Eyes Total Dominance In Oil And Gas Markets / Commodities / Crude Oil

By: OilPrice_Com

Saudi Arabia’s Energy Minister Prince Abdulaziz claimed last week that the Kingdom will be the world’s biggest hydrocarbon producer “even” in 2050.

“I can assure that Saudi Arabia will not only be the last producer, but Saudi Arabia will produce every molecule of hydrocarbon and it will put it to good use … It will be done in the most environmentally sound and safe way and the most sustainable way,” Abdulaziz said when asked about the oil market outlook in 2050 during a virtual conference convened by Saudi Arabia’s Future Investment Initiative Institute (FII-I).

Abdulaziz added that Saudi Arabia “will be the last and biggest producer of hydrocarbon even then,” referring to 2050.