Wednesday, May 23, 2018
Is It Time To Just Sell All Your Gold? / Commodities / Gold and Silver 2018
For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun, and I still think we can see it in occur in 2018. This week, I will provide an update to GLD.
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Wednesday, May 23, 2018
5 "Tells" that the Markets Are About to Reverse / / Articles
Our friends at Elliott Wave International (elliottwave.com) just released a new, free report: "5 'Tells' that the Markets Are About to Reverse”. It reveals many false indicators – a.k.a. “head fakes” -- investors like you and me see every hour of every day.
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Wednesday, May 23, 2018
What’s Next for Gold / Commodities / Gold and Silver 2018
Gold failed to breakout in the spring and recently lost weekly support at $1310. Meanwhile, the gold stocks have held up well in recent weeks (considering Gold) but still have much to prove. Silver couldn’t rally much when its net speculative position was at an all time low. The question now is where do things go from here. The price action is not bullish but with a Fed hike looming and negative sentiment, Gold could be poised to snapback after testing lower levels.
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Tuesday, May 22, 2018
More Clarity for the Short Term for Bitcoin Price / Currencies / Bitcoin
Bitcoin has been on the move down from $10,000. The recent couple of days, however, saw the decline decelerate. Does this have any bullish indications for the currency at the moment. We actually do have some strong ideas on this question and on the possibility that we might have already seen a local extreme. We would like to share them in this alert along with thoughts on our already profitable hypothetical positions.
It’s really hard to put a reasonable number down as far as Bitcoin’s value is concerned. This doesn’t stop people from taking a crack at it. On the Forbes website, we read:
Tuesday, May 22, 2018
Mayday, Mayday, Gold Price Is Sinking! / Commodities / Gold and Silver 2018
Gold dived below $1,300 last week, to many analysts’ surprise. They are panicking right now. But you do not have to. Let’s read our article and find out what is happening in the gold market!
Didn’t we tell you?
We don’t want to be like these annoying guys who always utter “didn’t we tell you?”. But, well, this is our job after all: to provide you with the finest fundamental outlook of the precious metal market. And here is what we wrote in Gold News Monitor on May the 15th:
Tuesday, May 22, 2018
Study: A Rising and Strong U.S. Dollar Isn’t Consistently Bearish for the Stock Market / Stock-Markets / Stock Markets 2018
Investors and traders are susceptible to recency bias, which means that they emphasis recent observations over those that occurred in the past.
The U.S. Dollar has been rising recently, which reminds some investors of the 2014-2015 USD spike that led to a “significant correction” for the U.S. stock market in 2015-2016.
For starters, it’s important to put things into perspective. The U.S. Dollar’s recent “surge” is more like a small rally.
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Tuesday, May 22, 2018
How TIME’s Bremmer Got Duterte Wrong / Politics / GeoPolitics
Today, global dominant media is often exploited as a tool of coercive diplomacy. The recent Time commentary on the Philippines president is a case in point. The real story is behind the story.In early May, Time magazine released the feature story, “The Strongmen Era,” by Ian Bremmer, the venerable president of Eurasia Group. The cover featured the photos of Russian President Putin, Hungarian Prime Minister Urban, Turkey’s President Erdogan, and Philippines President Duterte. It was a promotional piece for Bremmer’s new book on globalization. As Duterte reject the term “strongman,” Bremmer penned a new attack.
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Tuesday, May 22, 2018
Gold, Silver & US Dollar Updates with Review of Latest COTS / Commodities / Gold and Silver 2018
Technical analyst Clive Maund looks at gold, silver and the dollar after reviewing the latest COT Charts. Gold's breach of nearby support last week freaked out some longs of a nervous disposition, but it did no technical damage of any significance, as we can see on our latest 3-year shown chart below on which we can observe that it is still above important supporting trendlines. This chart shows that last week's drop was just a "storm in a teacup." Recall that the pattern that has been forming since mid-2016, for nearly two years now, is the Right Shoulder of its giant Head-and-Shoulders bottom that may be viewed on the 8-year chart in the last Gold Market update.
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Tuesday, May 22, 2018
Upside DOW Stock Market Breakout May Be Just the Beginning / Stock-Markets / Stock Markets 2018
At this point, all we can say is “Wow – did you see that breakout?”. If you have been following our analysis, you already know we’ve been predicting this upside price move for over 4 weeks with our specialized price modeling systems, cycle analysis models and other specialized trading tools. Last weekend, we posted very detailed analysis of the Elliot Wave and Fibonacci price levels that suggest we could see another upside price move that no one is expecting.
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Tuesday, May 22, 2018
Will Pentagon Audit Lead to Missing Money? / Politics / US Military
Detailing the specifics of waste or even graft that has transpired inside the military-industrial-security complex is a task that could get an investigator killed. The biggest cash cow is wrapped in the flag and exists within a culture where mere scrutiny lays open charges of being unpatriotic. Munitions merchants maintain a special relationship with Generals and Admirals who promote, protect or facilitate the continuous development and deployment of weapon systems. The revolving door of influence rewards compromised legislatures or bureaucrats with executive payoffs when they leave government service.
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Tuesday, May 22, 2018
How Close Are We to Oil Independence? / Commodities / Crude Oil
Almost two years ago, the Saudis acknowledged they had a problem. The price of oil was too low.The oil-rich county had fought a surge in supply from American frackers by opening the taps, and the move pushed oil prices to their lowest level in decades.
Even though the Saudis and other OPEC members still held onto market share, they were bleeding cash because their government budgets were modeled on oil closer to $80 than $30.
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Tuesday, May 22, 2018
5 Reasons Why Forex Trading Is Becoming Such A Big Deal In SA / Currencies / Forex Trading
Forex trading is quite popular in many parts of the world. In South Africa, it was not such a huge deal until recently. Recent years have been marked with so much buzz in the industry and today, it is a very vibrant and promising market. There are many reasons why things have changed. The most important of all has been the spread of success stories from actual traders. Many more people have since then ventured into the business and the top 10 South African forex brokers today continue to gain more clients. Here are the 5 main reasons why forex trading is capturing the attention of the masses.
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Monday, May 21, 2018
What Does These Signs Mean for Stock s & Real Estate? / Stock-Markets / Deflation
We’ve been waiting years for our fixed income trade of a decade…Our target’s at the top of the long-term Treasury Bond Channel near 3% on current 10-year yields. And recently, we advised our Boom & Bust subscribers to buy long-term Treasurys at around 2.99% on the 10-year.
Now we’re thinking it could get better… much better.
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Monday, May 21, 2018
Inverted Yield Curve: It’s Definitely Not Different This Time / Interest-Rates / US Interest Rates
An inverted yield curve occurs when the yield on shorter-dated securities is above that on longer-term bonds; and it has predicted all nine U.S. recessions since 1955, according to Bloomberg. Of course, now that the yield curve is the flattest since 2007—with the 2-10 spread falling to just 45 basis points, from 260bps in 2014--right on cue the carnival barkers on Wall Street have been deployed in full force claiming this key financial barometer is now broken.
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Monday, May 21, 2018
Gold’s Near-term Downside Target / Commodities / Gold and Silver 2018
The price of gold moved considerably lower in the past several weeks, despite the pause that we saw in the final part of the previous week. The yellow metal moved below $1,300 and confirmed this move by several daily closes below it. Moreover, gold confirmed the breakdown below the rising medium-term support line that’s based on the daily closing prices of December 2016 and December 2017 lows. Consequently, gold’s likely to move lower and the question is how low can gold decline in the near term.
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Monday, May 21, 2018
Is Political Decentralization the Only Hope for Western Civilization? / Politics / US Politics
A couple of recent articles have once more made the case, at least implicitly, for political decentralization as the only viable path which will begin to solve the seemingly insurmountable political, economic, and social crises which the Western world now faces.
In the last few months, over 3,000 millionaires have fled the hopelessly corrupt and bankrupt state of Illinois. When asked, 47% of Illinoisans would like to leave the state which, over the last decade, has seen over a half million of its residents flee. Naturally, this exodus has exacerbated the Land of Lincoln’s financial straits to catastrophic levels.*
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Monday, May 21, 2018
Frontier Growth, Catching Up, Falling Behind and Extremely Falling Behind / Economics / Emerging Markets
The economic growth model a country chooses to implement is very important for its economic development. This is the challenge primarily faced by countries with developing economies which place the process of increasing their level of economic development as one of their main goals in order to advance to the category of countries with developed economies.
There are different models of economic growth: frontier growth, catching up, and falling behind.Frontier growth which is characteristic to countries (for example, the United States) which create qualitatively new products and new production based on new technologies.
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Monday, May 21, 2018
Free Cash on UK Mortgage Deals Intensify / Housing-Market / UK Housing
Borrowers navigating the mortgage maze could well be looking for the best possible package to suit their circumstances, and one of the many perks that can stand out is cashback.
Mortgage deals with cashback may not be a new concept, but moneyfacts.co.uk can reveal that the popularity of such offers is growing: some of the newest deals to be launched onto the market recently include a cashback incentive*, with both the number of deals and average cashback amount on the rise.
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Monday, May 21, 2018
Fibonacci And Elliot Wave Predict Stock Market Breakout Highs / Stock-Markets / Stock Markets 2018
There is nothing more exciting to us than reading the price action of the charts to see what will happen in the future. It becomes even more exciting when we find something that everyone else seems to have missed. Right now, traders need to pay attention to our research because we believe we have correctly identified a breakout pattern that is setting up in the US majors – and everyone seems to have missed it.
Recently, our research team began a quest to properly identify the Elliot Wave structure of the US majors in relation to the recent price congestion after the February 2018 price collapse. You can read our earlier research post to better understand our conclusions.
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Monday, May 21, 2018
Stock Market Ideal Cycle Low Near / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s.
Intermediate trend – The intermediate correction from 2873 is likely to continue until about early June.
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 discusses the course of longer market trends.
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