Wednesday, September 13, 2017
Massive Equifax Hack Shows Cyber Risk to Deposits and Investments Today / Commodities / Gold and Silver 2017
By: GoldCore
44% of US population affected by Equifax hack
- Hackers took names, birthdays and addresses, Social Security and driver’s license numbers
- Steve Mnuchin “concerned about the global financial system and keeping it safe,”
- Hacks is a reminder of the vulnerabilities created in a connected world
- Cyber security is a major threat to both banking and financial industry
- Investors should hold physical gold as insurance against hacking and cyber attacks
Wednesday, September 13, 2017
Investment Advice for My Children & Grandchildren / InvestorEducation / Learning to Invest
By: Axel_Merk
Okay, so I don’t have grandchildren yet, but I want to increase the odds you read beyond the title if you are old enough to have grandchildren. Should the investment advice we give to someone young truly be different from that given to someone old? And given where asset prices are, is it responsible to tell anyone to pile into the markets? Here are my thoughts on the topic, hopefully applicable not just for my children:
Hedge fund manager Ray Dalio likes to say he chose the first stock he ever bought because it cost less than $5 a share, given that his savings from caddying at the time were, well, five bucks. That story is a great icebreaker but also highlights with what’s wrong with our industry: when we think about investing, we immediately think about the stock market. Let’s take a step back.
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Wednesday, September 13, 2017
Stock Market Breakout Imminent? / Stock-Markets / Stock Market 2017
By: Gary_Savage
The only resistance left in the S&P 500 is the psychological resistance of the round number 2500,
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Wednesday, September 13, 2017
TRADE FOR A CHANGE / Currencies / Forex Trading
By: Kavinesh_A
Marketting business has always been referred to as a tedious task to handle. Its strategic approach to every service delivery should always seem to be a compatible one. Before taking a leap into this category of business one should get familiarised with it and, the various terminologies of forex trading for beginners. A person experienced enough to handle trading business online can have a blooming start in the same.
Wednesday, September 13, 2017
... / Companies / Stock Market 2017
By: Submissions
...
Wednesday, September 13, 2017
Soaring Inflation Plunges UK Economy Into Stagflation, Triggers Government Pay Cap Panic! / Economics / Inflation
By: Nadeem_Walayat
The consensus circus that the mainstream press journalists rely upon to produce their daily copy i.e. economists, have once more been caught by surprise as UK inflation rockets higher to 2.9% for August up from 2.6% for July. Now standing on the threshold of breaking above 3% as the implications of sterling's sharp drop in the wake of the Brexit vote continues to feed through to rising import prices and therefore providing persistent upwards pressure on shop prices as suppliers restock at much worse exchange rates that already depressed retailers such as the big supermarkets had delayed fully implementing that I have ben warning all year was likely to result in a crisis for the retail sector during 2017, that literally faces a perfect storm which could even result in a Woolworth's moment...
Wednesday, September 13, 2017
Precious Metals Bull Analogs Update / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
We started employing analog charts during the latter stages of the seemingly forever bear market in precious metals. Comparing current to past trends by using price data is not considered technical analysis but it is extremely valuable because history tends to repeat itself. It also helps us identify extremes as well as opportunities. For example, in 2015 it was clear the epic bear market in gold stocks was due for a major reversal. Today, precious metals appear to be in the early innings of a cyclical bull market and the analogs suggest there is plenty of room to run to the upside.
Wednesday, September 13, 2017
Trump Suggests Eliminating the Debt Ceiling – Dollar Falls / Interest-Rates / US Debt
By: MoneyMetals
Those who paid any attention to the financial press last week saw the following narrative; President Donald Trump betrayed Republicans by cutting a deal with Democrats Nancy Pelosi and Charles Schumer. They agreed to punt on the borrowing cap until December and spend $15 billion for hurricane relief.
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Wednesday, September 13, 2017
Tip: When “This” Happens, A Stock Price Goes Up… / Stock-Markets / Stock Market 2017
By: Submissions
Dear Reader
When this one thing happens, a stock's price almost always goes up. (Well, 97% of the time.)
This has nothing to do with earnings, corporate announcements, or anything like that.
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Tuesday, September 12, 2017
September Will Be The Most Politically Unstable Month Of This Year / Politics / US Politics
By: John_Mauldin
This month will be busy for us macro monitors.
The FOMC meets September 19–20 and will likely hike rates another notch, launch its balance-sheet-reduction plan, or both. I will be very surprised if they don’t do either.
The greater suspense is elsewhere in Washington.
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Tuesday, September 12, 2017
Gold And The Coming Collapse: Are We Close To A Major Monetary Event? / Commodities / Gold and Silver 2017
By: Hubert_Moolman
It really should be clear that a major international banking crisis is inevitable, and likely to occur fairly soon. Due to the extreme debt levels, many banks are close to that point of failure.
An event like a stock market crash is likely to push many banks to that point of failure, since the pressure it would create (on cash resources), would expose their inability to fulfill their obligations.
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Tuesday, September 12, 2017
GBPJPY Move Sideways On Weekly Chart / Currencies / British Pound
By: Franco_Shao
GBPJPY moved sideways in a trading range between 135.59 and 148.44 for several months. The sideways movement is likely consolidation of the uptrend from 122.36. As long as 135.59 key support holds, the uptrend could be expected to resume and a breakout of 148.44 resistance could signal resumption of the uptrend.
Tuesday, September 12, 2017
Crude Oil Price Invalidated Breakout – What’s next? / Commodities / Crude Oil
By: Nadia_Simmons
On Friday, crude oil moved sharply lower and lost over 3% after investors digested the EIA report and reacted to the increase in crude oil inventories. Thanks to these circumstances, light crude invalidated the earlier breakout above the resistance area and slipped well below $48. What does it mean for the commodity?
Tuesday, September 12, 2017
Silver Lags Gold But Signs Point to End of Bear Market / Commodities / Gold and Silver 2017
By: Clive_Maund
Technical analyst Clive Maund finds that signs are emerging that silver is getting read to break out. On its long-term 10-year chart silver superficially looks like it may still be in a bear market, but on more careful inspection we can see that a large Head-and-Shoulders bottom pattern is completing, which is tilted compared to the similar pattern that is completing in gold, because silver tends to underperform gold at the end of bear markets and the beginning of bull markets. As we can see, unlike gold, it is still some way from breaking out of this base pattern, but should do so not long after the dollar breaks down from its Broadening Top, that we look at in the parallel Gold Market update.
Tuesday, September 12, 2017
Bitcoin Price Analysis / Currencies / Bitcoin
By: MarketsToday
If Bitcoin breaks below most recent low a deeper correction becomes likely
Summary
Bitcoin forms potential Head and Shoulders Top at resistance of Fibonacci confluence
Breakdown likely leads to a -29% or greater correction
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Tuesday, September 12, 2017
Red China is a Creation of Globalists / Politics / China
By: BATR
If one is blind to the truthful account of history, understanding of current events will never break the mind controlled barrier of sanitized awareness. The globalists or whatever synonym name you choose personifies the forces behind the screens that shape the political, economic and cultural impositions on the world. China has not been immune to the infliction of obscurity in the implementation of what actually is driving their regime. As the old Chinese curse has it: “May you live in interesting times”, has proven to be much more than a platitude, it is a model for planetary enslavement. How did this conquest begin and where is it going?
Tuesday, September 12, 2017
Is Gold in a Real Bull Market? This Chart will Show You / Commodities / Gold and Silver 2017
By: Peter_Ginelli
After climbing 9% in 2016, from $1050 to $1150 and another 10% gain during the first half of this year, in July and again in early August, gold dropped down to $1210, before rallying back up both times to $1290 and $1350 per ounce respectively. This back and forth price action has some investors worried if this is a real bull market in gold or yet another flash in the pan for the coveted yellow metal?
Tuesday, September 12, 2017
Let's Get Practical: Is the S&P 500 Over or Under Valued? / Stock-Markets / Stock Market 2017
By: EWI
Let's Get Practical: Is the S&P 500 Over or Under Valued?
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Tuesday, September 12, 2017
Reverse H&S Pattern in Gold / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
Last week, we received quite a few messages in which readers asked about the long-term reverse head-and-shoulders pattern in gold and related ratios. In today’s alert we discuss this in greater detail.
Let’s jump right into the gold chart (charts courtesy of http://stockcharts.com).
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Tuesday, September 12, 2017
David Smith: Precious Metals Supply Pipeline “Getting Harder and Harder to Fill” / Commodities / Gold and Silver 2017
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome back David Smith, senior analyst at The Morgan Report and regular contributor to MoneyMetals.com. David, thanks for joining us again and how are you?
David Smith: I'm just fine, Mike. It's great to be back.
Mike Gleason: Well, David, not too long ago you wrote an article for our site about how gold and silver were getting ready for an historic run you called it. So, before we start discussing some of the market action here recently, fill our listeners in on why you believe things were set up and are set up for us to see a good run in the metals here.
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