Tuesday, January 07, 2020
Crude Oil Price Reverses Lower Again After US Missile Attack / Commodities / Crude Oil
By: Chris_Vermeulen
Normally, after tensions between Iran/Iraq and the US flare-up, Oil and Gold rally quite extensively but reversed sharply lower by the end of the session.
Yes, Gold is 1% higher today and was up over $35 overnight, but Crude Oil has actually moved lower today which is a fairly strong indication that disruptions in oil supply from the Middle East are not as concerning as they were 10+ years ago. Traders and investors don’t believe this isolated targeted missile attack will result in any extended aggression between the US and Iran.
When past conflicts in the Middle East happened, Oil would typically rally and Gold would spike higher as well. Consider this a reflex action to uncertain oil supply issues and concerns that global market uncertainty could crash the markets. Gold seems like an easy expectation related to this type of uncertainty as it continues to act as a hedge against many risks like missiles/war, financial uncertainties etc…
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Tuesday, January 07, 2020
Trump’s China Agreement Is a Fake Deal / Politics / Protectionism
By: Patrick_Watson
We have a trade deal! Should we pop the champagne corks?If so, we better hurry. The Trump administration wants to slam 100% tariffs on French champagne—retaliation for France’s new digital services tax. This trade war has more than one battlefield.
But China is the biggest, and last week the Trump administration said it had reached a “Phase 1” agreement with China. The president postponed a new round of tariffs that would have taken effect Dec. 15.
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Tuesday, January 07, 2020
Bullion Banks Used Paper Gold and Silver to Restrain Price Advance in 2019 / Commodities / Gold and Silver Stocks 2019
By: MoneyMetals
Gold and silver investors buy metals because they are scarce. Precious metals are by nature difficult to find, and hard to produce. Consequently, above ground stocks are limited and valuable, particularly when priced in unlimited fiat currencies.
The bankers and government officials behind these fiat currency systems don’t like stable monetary benchmarks such as gold putting their inflation schemes on full display. They absolutely hate that gold works as a refuge.
Inflation is a stealth tax. Instead of overtly raising taxes, politicians simply borrow and print the money needed for more government. They just need people not to notice.
Monday, January 06, 2020
Will 2020 be Junior Mining Stock’s Year? / Commodities / Metals & Mining
By: Richard_Mills
Another year of covering commodities and select junior mining stocks is all but done and dusted.
We’ve seen palladium prices more than double those of platinum, its sister metal, on tight supply and high demand for catalytic converters in gas-powered vehicles, as smog-belching diesel cars and trucks get phased out to meet tighter air emissions standards particularly in Europe and China.
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Monday, January 06, 2020
JPMorgan Silver Crime Charges to NY Fed REPO Loan Ramp / Commodities / Gold & Silver 2020
By: Submissions
We often cover the ongoing JPMorgan silver bullion saga here. It seems we have a new twist in the ongoing story since JPMorgan's takeover of the bankrupt Bear Sterns short silver position in early 2008.
Late last year, in early November 2019, CBS’ 60 Minutes show did a puff Public Relations piece for the CEO of the world’s largest and Global Systematic Important Bank.
Here we see 60 Minutes interviewer Lesley Stahle as she interviews billionaire on paper, Jaime Dimon, the CEO of JP Morgan Chase.
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Monday, January 06, 2020
A Financial Crisis Has Already Begun… We Just Don’t Know It Yet / Stock-Markets / Financial Crisis 2020
By: John_Mauldin
Let’s address an elephant in the room: the rapidly expanding federal debt. Each annual deficit raises the total debt and forces the Treasury to issue more debt, in hopes someone will buy it.
The US government ran a $343 billion deficit in the first two months of fiscal 2020 (October and November), and the 12-month budget deficit again surpassed $1 trillion. Federal spending rose 7% from a year earlier while tax receipts grew only 3%.
No problem, some say, we owe it to ourselves, and anyway people will always buy Uncle Sam’s debt. That is unfortunately not true.
Monday, January 06, 2020
Gold Stocks Head Fake? / Commodities / Gold and Silver Stocks 2020
By: Zeal_LLC
Gold miners’ stocks blasted higher this past week, breaking out of their correction downtrend. Rapidly-improving psychology fueled such strong upside momentum that sector benchmarks are challenging months-old upleg highs. Most traders assume this is righteous, that gold stocks’ next upleg is starting to accelerate. But key indicators argue the contrarian side, that this breakout surge is a head fake within a correction.
In early September, a major gold-stock upleg peaked after soaring higher on gold’s decisive bull-market breakout in late June. The GDX VanEck Vectors Gold Miners ETF, this sector’s leading benchmark and trading vehicle, had powered 76.2% higher over 11.8 months. It crested the same day gold’s own upleg did, hitting $30.95 on close. That major 3.1-year high proved the apex of that impressive gold-stock upleg.
Gold started grinding lower after its own September 4th upleg zenith of $1554, capping a massive 32.4% run over 12.6 months. The gold stocks corrected with gold like usual, as these miners are essentially leveraged plays on gold. Since their earnings amplify gold-price changes, the major gold stocks dominating GDX generally leverage gold by 2x to 3x. So the gold stocks drifted lower over the next several months.
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Monday, January 06, 2020
Regular Maintenance of Your Car Will Payback When You Decide to Sell it / Personal_Finance / Motoring
By: Submissions
Without regular maintenance, everything will reach a point of fatigue and loss its value, be it a person, a product or machine. Thus, the same applies to cars as well. Regular maintenance of your vehicle will benefit you in more ways than one. The most obvious being car performance, followed by preventing costly repairs in the long run.
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Sunday, January 05, 2020
Last Chance for FREE Windows 7 Upgrade to Windows 10 in 2020 / Companies / Microsoft
By: HGR
Here's how to successfully UPGRADE your Windows 7 system to Windows 10 for FREE! This video takes you though the process from start to finish including several obstacles to over come that you could face.
This upgrade Works for ALL versions of Windows 7.
And you may only have a couple of weeks to get the FREE upgrade to Windows10, as Microsoft will cease making updates available as of 14th January 2020 as part of it's Windows 7 end of life programme which could also mean Microsoft shuts down it's Windows 7 upgrade servers.
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Sunday, January 05, 2020
What Global Stock Markets Drop After US Iran Missile Strike Mean? / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
The US Stock Market contracted in early morning trading on Friday, January 3, by more than 1% after news of the missile attack in Baghdad targeting a top-level Iranian military General and others. After the attack on the US Embassy in Iraq last week, President Trump issued a strong warning that the US would act to protect its people throughout the world and Iran scoffed at this message. It would certainly appear President Trump means business and won’t hesitate to stop terrorists from acting against the US – no matter where they are in the world.
This news, overnight, pushed Oil, Gold, Silver and most precious metals higher. The fear factor associated with the unknowns of what may come from these actions shot through the roof over the past 24 hours. The global stock markets contracted by a fairly strong amount in Friday’s trading. Most global markets were off by 0.75% to levels well over 1%.
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Sunday, January 05, 2020
Gold 2020 - Let’s Keep It Simple / Commodities / Gold & Silver 2020
By: Avi_Gilburt
When I peruse the comments on our Elliottwavetrader site alone, I am seeing a myriad of “beliefs” as to what the metals are doing and will be doing. Most of such beliefs seem to be driven by feelings, and quite a number of them have been fighting this metals rally. Yet, some are even driven by various forms of analysis.
Of late, we are seeing so many become fearful of the metals market due to the COT report being so “bearish.” But, I have already dealt with this issue last week, yet I am going to repeat why that report is really of lesser consequence, especially when viewed relative to the structure of the market and support and resistance:
“If you look at the attached chart for the last 20 years, you will see that during the parabolic rally of 2010-2011 in gold, the commercial traders were heavily short gold. In fact, you can see that during that entire period of time, commercial shorts remained at 200,000 or greater. Yet, that was during a period of time where gold rallied $800. For those counting in percentage terms, that means gold rallied 70%+ during a time where commercial traders were heavily short of gold.
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Sunday, January 05, 2020
Uber May Do the Impossible in 2020 / Companies / Self Driving Cars
By: Stephen_McBride
Of all the stocks I covered this year, I was hardest on Uber (UBER). I caught some flak for writing “buying Uber stock is the dumbest thing you can do with your money in 2019.”
Although my call ruffled feathers, I stand by it. Since Uber IPO’d in May, the stock has plunged 35%. And it was just plain wrong how the media hyped up its IPO, luring in novice investors who didn’t know any better, only to watch their money go up in smoke.
To be clear, I love Uber’s service. It’s cheap, easy, and way better than regular taxis. But it’s been a horrible, money-losing business.
Sunday, January 05, 2020
Beware the Stock Market 2020 / Stock-Markets / Stock Markets 2020
By: The_Gold_Report
Sector expert Bob Moriarty takes a look at drivers in the bull market and sees a bear in the wings.
While I happen to be a giant fan of the Daily Sentiment Index (DSI), I also use a bunch of other signals. The DSI is the single best indicator I've found but there are dozens of other measures of investor sentiment. If you are a contrarian, you search constantly for some way of figuring out what investors are thinking.
Investing at a profit is actually simple. The mob is always wrong. Always wrong. Figure out what the mob is thinking and do the opposite.
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Saturday, January 04, 2020
GOOGLE - Primary AI Tech Stock For Investing in 2020 and Beyond / Companies / Google
By: Nadeem_Walayat
The juggernaut that is Artificial Intelligence continues to rumble along towards an inexorable future, one that most still fail to grasp the magnitude of the changes that are just around the corner as humans think in linear terms whilst the AI trend is EXPONENTIAL. Where developments that even the proponents of AI thought would take several years are taking place in mere MONTHS! That is the power of the unfolding AI MEGA-TREND!
AI has already CHANGED THE WORLD! EXPONENTIALLY! You have an AI super computer right in your pocket for likely less than £1000!
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Saturday, January 04, 2020
Setting Gold Market Expectations for 2020 Right / Commodities / Gold & Silver 2019
By: Arkadiusz_Sieron
Hooray, the twenties are here! But what will the 2020 bring for the gold market? Shall we see the beginning of the Belle Époque for the yellow metal?
Gold at the End of 2019
The last year was a very good one for the gold bulls, as one can clearly see in the chart below. Despite the soaring equities, the price of the yellow metal rose from $1279 to around $1520, or more than 18 percent. Bravo!
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Saturday, January 04, 2020
Why Netflix’s Inevitable End Got Delayed / Companies / Tech Stocks
By: Stephen_McBride
For a day, Midtown Manhattan turned into Disneyland. Food trucks handed out donuts shaped like Homer Simpson. Musicians played tunes from Star Wars. Massive LED screens streamed Disney classics.It was November 12, the day Disney celebrated the launch of its long-awaited streaming service, Disney+. Millions of folks rushed to sign up on premiere day. There was so much interest the service went down a couple times.
Disney stock was all over the headlines. And it was supposed to be the beginning of the end for Netflix. Yet Netflix stock barely budged on the big day.
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Saturday, January 04, 2020
Crude Oil Prices Have Peaked / Commodities / Crude Oil
By: Donald_W_Dony
Following the December 18, 2019 Market Minute titled "Are oil prices at a crest?" oil prices (WTI and Brent) are both finding increasing selling pressure as they moved to the top of their trading range.
Light crude oil found solid selling pressure around $62 and Brent at about $67 (Charts 1 & 2).
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Saturday, January 04, 2020
Learning Finance with the Help of Technology / Personal_Finance / Financial Education
By: Sumeet_Manhas
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Friday, January 03, 2020
Investing in AI Stocks 2020 to Profit from the Machine Intelligence Mega-trend / Companies / AI
By: Nadeem_Walayat
The juggernaut that is Artificial Intelligence continues to rumble along towards an inexorable future, one that most still fail to grasp the magnitude of the changes that are just around the corner as humans think in linear terms whilst the AI trend is EXPONENTIAL. Where developments that even the proponents of AI thought would take several years are taking place in mere MONTHS! That is the power of the unfolding AI MEGA-TREND!
AI has already CHANGED THE WORLD! EXPONENTIALLY! You have an AI super computer right in your pocket for likely less than £1000!
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Friday, January 03, 2020
The Big Picture Backdrop for Precious Metals Outlook 2020 / Commodities / Gold & Silver 2019
By: MoneyMetals
The year ahead promises to be an eventful one. It will, of course, be dominated by political headlines leading up to the 2020 election. It could also be a big breakout year for precious metals.
In the second part of Money Metals' 2020 Outlook, we’ll drill down on the fundamental and technical setup for gold and silver…
However, in this first part, we’ll set the stage by digging into the macro forces at play in the economy, monetary policy, politics, and geopolitics.