Tuesday, January 23, 2018
Cold Start to the Year as Interest-free Credit Card Competition Stalls / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
Entering a new year could open new opportunities to pay back debts, so we typically start to see competition heat up in the 0% balance transfer credit card market. However, so far this year these much-anticipated deals have been put on a bit of a back-burner, as there have been very few launches or improvements in the sector. Since the start of January, only two card providers (AA and Barclaycard) have improved or launched interest-free balance transfer offers.
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Tuesday, January 23, 2018
Gold Price on the Move / Commodities / Gold and Silver 2018
By: The_Gold_Report
Since bottoming on December 11, 2017, at $1,242, gold has tacked on nearly $100 to its price. Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, discuss what they see going on.
Clearly, one reason for the move in gold is the weakness in the U.S. dollar. The black line tracks the U.S. dollar index over the past two months while the gold line tracks the gold price. The dollar hit its recent high exactly when gold reached its low and the two have diverged since then.
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Tuesday, January 23, 2018
Worse than Watergate - Release the Memo - Investigate Uranium One / Politics / US Politics
By: BATR
The utter farce of the Mueller investigation into Trump collusion with Russia demonstrates the most obscene and overwhelming pattern of government deceit and deflection in decades. Enough has been written on this trolling probe to convince sincere and honest people that the protection racket thugs are running a confidence game against the populace and has abandoned any prospect of justice. Still, the fake news gatekeepers that select what is suitable for the apathetic public to hear see or read keeps the fairy tale narrative going to prevent looking into the true crimes committed by the cabal of establishment globalists.
Tuesday, January 23, 2018
CAT Stock Bouncing after JPM Upgrade How High and How Long Can This CAT Jump? / Companies / Corporate News
By: EconMatters
Caterpillar’s (CAT) stock price touched an all-time high of $172.99 on Jan 16 and has drifted lower since. This price action took place after upgrade from JP Morgan a week ago. The stock jumped 2% in the day JPM report came out on Jan. 8.
Tuesday, January 23, 2018
Gold Market Consolidates Near Important Levels as Government Shuts Down / Commodities / Gold and Silver 2018
By: MoneyMetals
The gold market has been mired in a four-and-a-half year basing pattern. The rally that began late last year has taken prices up toward a major resistance zone. It’s make or break time!
Also, on the cusp of a potentially big move is the bond market.
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Tuesday, January 23, 2018
Precious Metals Are Building Another Launching Pad / Commodities / Gold and Silver 2018
By: Avi_Gilburt
For those that follow me regularly, you will know that I have been tracking a set up for the VanEck Vectors Gold Miners ETF (GDX), which I analyze as a proxy for the metals market. I believe that the GDX can outperform the general equity market once we confirm a long term break out has begun, and I think we can see it in occur in early 2018.
Since I have been on vacation for the last two weeks, and will be traveling again this week to LA and NYC, I am going to keep this update a bit shorter than normal.
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Tuesday, January 23, 2018
Inflation Tsunami Ahead / Economics / Inflation
By: Michael_Pento
Inflation is one of the most misunderstood, misused and lied about topics in economics. The Fed professes to know what causes it: an overly employed workforce. But, perhaps it is aware this is false and intentionally promulgates the ruse of growth as inflation’s progenitor because central banks want to deflect attention away from its money printing. Nevertheless, one thing is abundantly clear, we all have to agree that the Fed can’t readily control the exact rate of inflation; nor can it direct what the repositories will be for its quantitative counterfeiting misadventures.
Tuesday, January 23, 2018
Why Banks Will Be Slammed In The Next Crisis—And That May Be Good News / Stock-Markets / Financial Crisis 2018
By: John_Mauldin
BY PATRICK WATSON : While some banks are run by honest folk, others are almost indistinguishable from criminal organizations.
Bank scandals are nothing new in the US and elsewhere. Still, those banks may be one of the best investment opportunities of your life. Sounds contradictory, but it’s not.
Before I explain why banks are such a good investment opportunity, let me go over a few examples from the last decade to provide some context for this trade.
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Tuesday, January 23, 2018
Medicare Premiums Are A Shared Pool - Coming Changes That Will Transform Retirement / Politics / Government Spending
By: Dan_Amerman
A critical component of financial planning for retirement is that many healthcare expenses are a shared expense for those 65 and older, as a matter of current law and design. A 65 year old pays the same Medicare Part B premiums as a 95 year old, and someone in perfect health pays the same premiums as someone with multiple serious health issues.
By law, 25% of total Medicare Part B expenses are funded by Medicare premiums, which are usually withheld from monthly Social Security benefits. So, when the average expenses of Medicare increase on a per person basis - then so do the premiums.
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Tuesday, January 23, 2018
First-time Buyer Mortgage Interest Rates Recover from Base Rate Rise / Housing-Market / Mortgages
By: MoneyFacts
While the majority of rates in the mortgage market have started to edge up, research from moneyfacts.co.uk shows that some higher loan-to-value (LTV) mortgage rates have actually fallen since the base rate rise.
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Tuesday, January 23, 2018
Charged Atmosphere of Heavy Police and Security Presence at Sheffield Street Tree Felling Protests / Local / Sheffield
By: N_Walayat
Something bad appears to be brewing at Sheffield's street trees felling sites 2018 as already heavy HiViz security presence as of November 2017 has now been joined by heavy police presence. The immediate effect has been to embolden hired security and Arb's to become more 'aggressive' towards tree protestors which is creating an increasingly charged atmosphere that appears to be building towards an negative event of some kind as the following video illustrates.
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Tuesday, January 23, 2018
Stocks Bull Market Appears to have a Destiny With 1929 / Stock-Markets / Stock Markets 2018
By: Nadeem_Walayat
The stocks bull market continues to confound my expectations for a significant correction which is just failing to materialise! Firstly understand this, I AM a stock market bull i.e. I am net long of the stock market, so a rising stock market is good for my portfolio. BUT, for a while now I have not considered this ongoing rally to be healthy for the life of the stocks bull market, and why despite being a bull I am BEARISH for its prospects.
Monday, January 22, 2018
Pension Crisis And Deficit of £2.6 Billion At Carillion To Impact UK / Stock-Markets / Pensions & Retirement
By: GoldCore
– Carillion collapses leaving a £900 million debt pile and 30,000 pensions at risk
– Carillion PLC share price has collapsed 94% in last twelve months
– Private analysis of Carillion’s pension deficit reveals it to be as high as £2.6 billion
– Figure adds to the UK’s ongoing pension crisis, both private and state are severely underfunded
– UK’s Private Pension Fund already has a levy of £550 million for next twelve months
– UK state pension crisis as state fund to be ‘exhausted by 2033’
– Ensure your pension is funded and properly diversified with gold
Monday, January 22, 2018
Two Factors for Gold That You Don’t Want to Miss / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
Even though mining stocks closed last week below the Jan. 2 close and silver even declined below the Dec 31, 2017 close, gold moved higher. It’s not far from this year’s top either. So, is all well and are bullish gold price forecasts justified? Not necessarily. In today’s article, we show you two reasons why it’s a good idea to think twice before opening long positions in gold.
Some time ago we discussed the apex technique for the HUI Index and it worked perfectly, triggering a reversal right at the apex of the triangle. Today, we can see something very similar on the long-term GDX ETF chart and in light of the mentioned performance, it shouldn’t be ignored. Let’s take a look at the details (charts courtesy of http://stockcharts.com).
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Monday, January 22, 2018
Gold Price Is Facing Triangle Pattern Resistance / Commodities / Gold and Silver 2018
By: Franco_Shao
XAUUSD is facing the resistance of the upper trend line (now at around 1343.00) of the triangle pattern on its weekly chart once again. Being contained by the trend line, the gold price pulled back from 1344.65.
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Monday, January 22, 2018
Who Will Take Control in Crude Oil Market? / Commodities / Crude Oil
By: Nadia_Simmons
Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.
Although the EIA weekly report showed that crude oil inventories dropped for a ninth straight week and distillate stockpiles fell more than expected, U.S. production outweighed positive news. But did yesterday price action change anything in the technical picture of black gold?
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Monday, January 22, 2018
Why You Must Own Silver in 2018 / Commodities / Gold and Silver 2018
By: Jordan_Roy_Byrne
While Gold is very close to a major breakout (in price) its strength has not filtered down to Silver yet. Gold is 3% away from a major breakout and comfortably above its long-term moving averages. However, Silver is well below its 2016 high and is currently battling its 200-day moving average. But that is okay. Silver typically lags and underperforms Gold until Gold gains momentum or breaks key resistance. A major breakout in Gold this year and its effect on Silver is just one reason why Silver could have a big year.
Monday, January 22, 2018
This Could Be The Hottest Mining Stock Of 2018 / Commodities / Metals & Mining
By: OilPrice_Com
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Monday, January 22, 2018
Stock Index Trend Trade Setups for the SP500 & NASDAQ / Stock-Markets / Stock Index Trading
By: Chris_Vermeulen
Over the past few weeks, we have been writing about our US major price predictions for the beginning of 2018 and how they have played out. If you have been following our analysis, you have already learned that we predicted a 3~5% price increase in early January 2018 for most of the US major equity indexes as well as a period of brief stagnation near the middle of February. Today, we are going to revisit these predictions to attempt to provide you with our updated price expectations.
As you read this article and review our analysis, please keep in mind that we are showing you an advanced price modeling system that is capable of learning from historical price activity as well as illustrating the highest probability outcomes of price based on its analysis of key “genomic” price patters and technical patterns. The reason this is so important to understand is that we are illustrating 2~3+ month in advance based on our modeling systems interpretation of price action. Imagine having the ability to predict 2 to 3 months in advance with a relatively high degree of accuracy for any stock symbol you like? This is a very powerful analytical modeling system and we are happy to be sharing this research with our readers.
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Monday, January 22, 2018
Eroding Petrodollar Versus Rising Petroyuan / Currencies / China Currency Yuan
By: Dan_Steinbock
In the late 20th century, US petrodollar dominated the world economy. In the 21st century, we are witnessing the rise of the Chinese petroyuan. The former grew on the back of postwar growth in the advanced economies; the latter is fueled by industrialization in emerging and developed economies.According to SWIFT, US dollar still accounts for 39% of international payments, as opposed to the euro (33%), the English pound (7%), Japanese yen (3%) and Chinese yuan (28%). But times are changing.
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