Saturday, August 05, 2017

Gold Stocks’ Autumn Rally / Commodities / Gold and Silver Stocks 2017

By: Zeal_LLC

The gold miners’ stocks have suffered a lackluster year so far, mostly lagging gold’s solid new upleg.  But that vexing underperformance should soon give way to a big catch-up surge.  The deeply-out-of-favor gold stocks are now entering their strong season, which starts right about now with a powerful autumn rally.  That generates major gains on average in bull-market years, and this year’s upside potential is exceptional.

Seasonality is the tendency for prices to exhibit recurring patterns at certain times during the calendar year.  While seasonality doesn’t drive price action, it quantifies annually-repeating behavior driven by sentiment, technicals, and fundamentals.  We humans are creatures of habit and herd, which naturally colors our trading decisions.  The calendar year’s passage affects the timing and intensity of buying and selling.

Saturday, August 05, 2017

China’s Growth Driven By Shadow Banking Is Potential Trigger For Next Global Recession / Economics / China

By: John_Mauldin

China is unstoppable.

GDP growth has slowed down to 6.9%, according to official numbers. The numbers are likely inflated, but the boom is still underway.

Reasonable estimates from knowledgeable observers still have China growing at 4–5%, which is rather remarkable given China’s size.

Saturday, August 05, 2017

CABLE leads the way in a major turn for USD / Stock-Markets / Financial Markets 2017

By: Enda_Glynn

My Bias: short below parity in wave (5).
Wave Structure: continuing impulsive structure to the downside in wave (5)
Long term wave count: decline in wave (5) blue, below parity
Important risk events: GBP: N/A. USD: Average Hourly Earnings m/m, Non-Farm Employment Change, Unemployment Rate, Trade Balance.

Cable took a beating today with the first bearish action in two weeks.
We got a slight new high overnight as expected,
And then a very impulsive looking decline this morning.

Saturday, August 05, 2017

Gold Consolidates On 2.5% Gain In July After Dollar 5 Monthly Decline / Commodities / Gold and Silver 2017

By: GoldCore

– Gold consolidates on 2.5% gain in July as the dollar has fifth monthly decline
– Trump administration and vicious “civil war” politics casting shadow over America and impacting dollar
– All eyes on non farm payrolls today for further signs of  weakness in U.S. economy
– Gold recovers from 1.7% decline in June as dollar falls
– Gold outperforms stocks and benchmark S&P 500 YTD

Saturday, August 05, 2017

The Crisis of World Automation  / Stock-Markets / Stock Market 2017

By: Christopher_Quigley

“Money is an amazing, device without which modern civilization could not function but its introduction and development as a debt-credit accountancy system in the context of an increasingly labor-displacing, intensive capital producing system, involves a number of fundamental issues of which we must become aware of and for which we must compensate through a new economic orthodoxy. Keynesianism is dead. Let us actively bury it and move on, rather than let the corpse rot and its disease destroy the natural creative resourcefulness of nations”.

Friday, August 04, 2017

NZDUSD Broke Above 0.7484 Resistance / Currencies / Forex Trading

By: Franco_Shao

After breaking above the resistance of the September 2016 high of 0.7484 high, NZDUSD pulled back from 0.7557, suggesting that a short term top had been formed on the daily chart.

Friday, August 04, 2017

This Just Changed Everything: Marijuana Green Profits Are Being Unleashed / Commodities / Cannabis

By: The_Gold_Report

Kenneth Ameduri, founder of Crush the Street, discusses why he believes now is a good time to take advantage of cannabis investing opportunities.
There is nothing wrong with being part of bubbles. It's the formation and expansion of a bubble that you want to be positioned in.

Friday, August 04, 2017

Iran: Public Image Versus Historical Reality Part 2. Iran: The Last Century to the Present / Politics / Iran

By: Raymond_Matison

Iran: Part 2. Iran: The Last Century to the Present is a sequel to the first part of this report on Iran. The reading of both parts is necessary for a more complete understanding of how Iran has evolved to its present media perceived status in the world, and how reality diverges from popular perceptions. Part I, traces historical events which have shaped Iran’s evolution and development from its great Persian empire of over two thousand years ago to those taking place in the 20th century.

Friday, August 04, 2017

Silver Analogies – Invalidated? / Commodities / Gold and Silver 2017

By: P_Radomski_CFA

Some time ago we discussed the analogies in the silver market and the implication of the analogies was that a big decline should follow. However, we have not seen anything epic on a medium-term basis – only a local (yet powerful) intra-day slide. Was the analogy invalidated and did the outlook become bullish?

Let’s take a closer look at the silver chart (charts courtesy of http://stockcharts.com) and begin today’s analysis by reminding ourselves the analogies that we are going to discuss in greater detail.

Friday, August 04, 2017

How to Win Against the Dangerous Stock Market Investor "Herding Impulse" / Stock-Markets / Learning to Invest

By: EWI

We all love a bargain...

...Except when it comes to stocks.

The reason boils down to uncertainty. We know what our fruits and vegetables should cost at the grocer's -- but we're far less certain about how much to pay for a blue-chip stock or shares in an S&P 500 Index fund.

So how does our mind work in decisions that involve certainty vs. uncertainty?

Friday, August 04, 2017

The Books You Most Likely Read about Investing Taught You Nothing about Investing / InvestorEducation / Learning to Invest

By: John_Mauldin

BY JARED DILLIAN : Lots of people ask me for good beginner books about finance.

That’s one of the hardest questions I get.

I think back to when I was learning about finance—one of my Coast Guard shipmates had these things called “mutual funds,” so I found some free literature about mutual funds and started reading.

Friday, August 04, 2017

US Military May Soon Deploy Millions Of Drones—Which Presents A Big Investment Opportunity / Politics / US Military

By: John_Mauldin

BY PATRICK WATSON : If you were to ask me what the most inefficient US market sector is, I would probably say defense.

Now, that’s something no one likes to hear.

How come the one sector the US government spends the most money on—the FY 2018 defense budget is $824.7 billion, more than that of the next nine countries combined—is the most inefficient?

Friday, August 04, 2017

Every Investor Is One Misstep Away From Losing Everything—And It Has Nothing To Do With Crashes / Portfolio / Financial Markets 2017

By: John_Mauldin

BY OLIVIER GARRET : The US has become a very unfriendly place for successful people.

Not just for the uber wealthy, but entrepreneurs, investors, and the family next door. Anyone with even a modest net worth is a potential target.

Our country has just 5% of the world’s population yet is home to 80% of its lawyers. The US spends 2.2% of its GDP on legal costs. That is an eight-fold jump per capita (inflation adjusted) since the 1950s.

Thursday, August 03, 2017

Ethereum vs. Tangibleum: Why Cryptocurrencies Can Never Replace Physical Gold / Currencies / BlockChain

By: HAA

Shannara Johnson : On June 11, 2017, Bitcoin reached its all-time high of $3,025.47… followed by a 27.7% plunge only four days later.

By July 12, it had lost a total of $12 billion off its value within a month.

Ethereum, another popular cryptocurrency, increased its market share from a mere 5% at the beginning of the year to a breathtaking 30% in June, only to plummet 65% from its record-high by mid-July.

Thursday, August 03, 2017

Copper Price Cycles Update / Commodities / Gold and Silver 2017

By: SurfCity

My gut tells me that Copper will likely test the $3 level before its 5-6 month Intermediate Cycle tops out. The daily RSI is in the nosebleed section, however, as we are approaching the 3 month mark in its current uptrend.

Nearer term, my Trading Cycle count is a bit cloudy but my preferred count is day 31. We have formed a swing low once again but we did so last week only to move slightly higher.

Thursday, August 03, 2017

How Much Money Do First-Time Home Buyers Need for a Deposit in the UK? / Housing-Market / UK Housing

By: Boris_Dzhingarov

The dream of buying a home one day is something that many people share. For some, realising this dream can be a long journey filled with questions, apprehension, and confusion. Of course, one of the biggest questions people have is how much of a deposit they need to save in order to buy a house in the UK? This one simple question helps to determine if it’s possible to even purchase a home, and when it may actually happen.

Thursday, August 03, 2017

Uncertainty At Record Highs, Will Stocks Continue Higher? / Stock-Markets / Stock Market 2017

By: Paul_Rejczak

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:

Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral

Thursday, August 03, 2017

EURUSD Broke Above Neckline Resistance / Currencies / Euro

By: Franco_Shao

EURUSD broke above a major trend line from the August 2015 high of 1.1713 to the May 2016 high of 1.1616 at 1.1445 on the weekly chart, and extended its bullish movement to as high as 1.1908, indicating that a double bottom pattern had been formed.

Thursday, August 03, 2017

Asda Sales and Profits CRASH - UK Retailer Sector Crisis 2017 Continues to Worsen / Companies / Retail Sector

By: Nadeem_Walayat

Up until results released this weeks, Asda had been battling Sainsbury to take the second place spot in terms of being Britain's 2nd largest retailer with sales for both virtually neck and neck on £24 billion. Asda as part of the giant US Wal-Mart group has been seen as being the more robust of Britain's largest retailers, many of whom are facing a perfect storm of BrExit inflation producer price hikes, contracting customer disposable earnings and loss of customers to the discounters such as Aldi and Lidl. Which has thrown all of the retailers into a full blown crisis as my analysis from earlier this year has been warning of that ultimately this means we may witness a Woolworth's moment that see's one of Britain's largest retailers goes bust, with my focus being on Britain's biggest retailer TESCO that has been in a literal death spiral now for several years.

Thursday, August 03, 2017

Here’s Why The US Sanctions Against Russia Threaten Germany’s Interests / Politics / GeoPolitics

By: John_Mauldin

By Antonia Colibasanu : The US House of Representatives has passed a bill to renew and expand sanctions against Russia that were imposed after Russia’s annexation of Crimea. The bill, however, could also have a negative impact on some European energy projects that are linked to Russian companies.

Since the initial bill was first approved by the Senate on June 15, the European Union has been lobbying US lawmakers to revise the proposed legislation and reduce its effects on third-party countries.