Monday, July 24, 2017

Are US Stocks in a Bubble / Stock-Markets / Stock Market 2017

By: The_Gold_Report

Rudi Fronk and Jim Anthony, the cofounders of Seabridge Gold, examine the role of risk when trying to differentiate between a bull market and a bubble.

As we have noted, there is a very important difference between a bull market and a bubble. Valuations are certainly one means of distinguishing them. In retrospect, we can recognize previous historic bubbles such as 1929 and 2000. When basic ratios such as Price-to-Sales and Tobins' Q have reached the levels that marked these bubbles, as they have, we can make a reasonable inference that another bubble has formed.

Monday, July 24, 2017

5 Things I Look for in Exploration Companies / Commodities / Gold and Silver Stocks 2017

By: Jordan_Roy_Byrne

Three months ago (April) we covered the reasons we primarily invest in junior exploration companies. We promised to follow up with some criteria we follow in attempting to pick winners. Here are five things we look for when evaluating and selecting junior exploration companies.

Monday, July 24, 2017

Stock Market Still on Track / Stock-Markets / Stock Market 2017

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend:  Uptrend continues with a serious loss of upside momentum in weekly indicators.

SPX Intermediate trend:  An ending diagonal appears to be in its last stage of completion (5).

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 discuss longer market trends.

Monday, July 24, 2017

Macbeth, King Lear and Trump / Politics / US Politics

By: Raul_I_Meijer

Mea culpa. Yesterday I wrote Scaramouche, Scaramouche, will you do the Fandango?, and not long after publishing it, I figured I missed the target I was going for. Not 100%, and it’s not all bad, as people’s reactions have confirmed, but…

The thing is, Trump’s nomination of Anthony Scaramucci as White House Communications Director was not the main point of my piece. Tempting, because everybody knows the Queen song, but not the main one, and it certainly shouldn’t have been the title of the piece.

Monday, July 24, 2017

Last Chance For US Dollar To Rally / Currencies / US Dollar

By: Gary_Savage

I think we need to focus on what is happening to the dollar. The intermediate cycle is now 63 weeks long. Clearly that isn’t normal. I’ve maintained for several years that the end game was going to play out in the currency markets. There has to be consequences to printing trillions and trillions of currency units , and leaving interest rates at 0 for 8 years. I don’t think the consequences are going to be deflation. I think the end game will be inflation, just like it was in the 70’s, and just like it was in 2007 and 2008.

It’s taken a while to manifest as other countries have jumped into the game and turned on their printing presses as well, so the collapse in the currency I’ve been looking for has taken quite a while to unfold. The first leg down ended in 2008.

Sunday, July 23, 2017

Scaramucci Trump's Phase2 - Scaramouche, Scaramouche, Will You Do the Fandango? / Politics / US Politics

By: Raul_I_Meijer

So sorry to see Sean Spicer go, even if I never watch TV, so I only got snippets of his acting performances -and Melissa McCarthy’s. One of the very few SNL and other ‘comedy’ shows skids that was actually funny, in the same way that very few of the New York Times and Washington Post ‘articles’ on Trump have been actually news.

As I wrote to a friend earlier today, sure Spicer’s gone, but there’ll be other entertaining characters to replace him. Say what you will about the Trump administration, but never a dull moment. Having Mike Pence become president would kill all the fun.

Sunday, July 23, 2017

Sheffield Tramlines Music Festival 2017 at Peace Gardens / Local / Sheffield

By: Anika_Walayat

Sheffield is holding it's annual Tramlines Music festival weekend (Friday 21st to Sunday 23rd July), with music stages situated not just across the city centre but across many of Sheffield's best parks, pumping out music to cater for all tastes, and you don't have to pay for expensive wrist bands to enjoy the Tramlines experience as there are many free stages across the city such as in the Peace Gardens which we visited Saturday amongst other venues. Here's how the Peace Gardens music went down, where the crowd was about half that of last year, probably due to a poor weather forecast for Saturday. And remember that Tramlines continues Sunday across the city for its third and final day.

Saturday, July 22, 2017

UK House Prices Momentum Crash Warns of 2017 Bear Market - Video / Housing-Market / UK Housing

By: Nadeem_Walayat

The June 8th general election result delivering 'chaos and uncertainty' instead of 'strong and stable' not only shocked Britain's political and media establishment but also looks like the UK economy suffered a heart attack with confidence fast evaporating as the economy slows down which makes a mockery of the Bank of England MPC clowns persisting in their talk of raising UK interest rates this year. And along with evaporating economic confidence is the confidence in the UK housing market that risks bringing a 5 year housing bull market to an abrupt end! And this is even before we see the chaos that will ensue once Theresa May quits as PM that risks triggering another chaos inducing general election!

Saturday, July 22, 2017

Crude Oil, Gold, ETFs & more: Pro-grade Market Forecasts / Commodities / Commodities Trading

By: EWI

Dear Investor,

Are you paying attention to commodities? You should be.

Major moves in oil, gold and other commodities have offered up huge opportunities for traders in 2017.

Our friends at Elliott Wave International have kept our subscribers ahead of many big commodity moves.

Saturday, July 22, 2017

Prepare for a 30-year Stocks Bull Market / Stock-Markets / Stocks Bull Market

By: Clif_Droke

Heading into 2017, Wall Street was excited by the prospect of a U.S. president who sympathized completely with business.  His promised tax and healthcare reforms were widely cheered by investors in the wake of his election.  Yet the Congress has so far failed to deliver on those promises and investors are no longer giving the Trump administration a free pass based on the assumption that tax breaks are on the way.

Saturday, July 22, 2017

Market Reality Is Going to Bite Back Soon / Stock-Markets / Stock Market 2017

By: Enda_Glynn

My Bias: short in wave (3) red.
Wave Structure: downward impulse wave
Long term wave count: lower in wave (3) red
Important risk events: EUR: Flash Manufacturing PMI, Flash Services PMI.

Friday, July 21, 2017

Are Central Bankers Secretly Terrified? / Interest-Rates / Central Banks

By: Graham_Summers

Central Bankers are absolutely terrified.

In the last month, both Fed President Janet Yellen and ECB President Mario Draghi have issued somewhat hawkish statements, only to turn around within 48 hours and walk back their comments.

Again, two of the most powerful Central Bankers in the world couldn’t even last three days being hawks.

Friday, July 21, 2017

Warning: The Fed Is Preparing to Crash the Financial System Again / Stock-Markets / Financial Crash

By: Graham_Summers

Very few investors caught on to it, but a few weeks ago the Fed made its single largest announcement in eight years.

First let me provide some context.

For eight years now, the Fed has propped up the stock market. In terms of formal monetary policy the Fed has:

·      Kept interest rates at ZERO for seven years making money virtually free and forcing investors into stocks and junk bonds in search of yield.

·      Engaged in over $3.5 TRILLION in Quantitative Easing or QE, providing an amount of liquidity to the US financial system that is greater than the GDP of Germany.

Friday, July 21, 2017

Gold / Silver Shorts Extreme / Commodities / Gold and Silver 2017

By: Zeal_LLC

The gold-futures and silver-futures short positions held by speculators have rocketed up to extremes in recent weeks.  These elite traders are aggressively betting for further weakness in gold and silver prices.  But history has proven extreme shorts are a powerful contrarian indicator.  Right as speculators wax the most bearish as evidenced by their collective bets, gold and silver decisively bottom and birth major new rallies.

Futures trading has a wildly-outsized impact on gold and silver prices, especially over the short term.  It is amazing how much volatility futures speculators’ collective buying and selling generates, often drowning out everything else.  Two factors are responsible for this dominance.  The extreme leverage inherent in futures trading and the unfortunate fact the resulting gold and silver prices are the world’s reference ones.

Friday, July 21, 2017

XIV Hits All Time Highs As The VIX Sets Records That May Never Be Broken / Stock-Markets / Stock Market 2017

By: Submissions

By Mike Golembesky : In last week’s article, I had noted that as long as the XIV was able to hold the 83.93 level, I expected to see it hit the 87.76 – 91.53 zone into this week with the potential to see a move into the mid 90’s prior to making a large degree top.

On Tuesday of this week, the XIV closed at the upper end of this 91.53 zone and then on continued to extend higher into Wednesday, and as of Thursday’s close is now trading at the 93.83 level having so far been contained by the 238.2 Fibonacci extension level of the move up off of the 7/6 low.

Friday, July 21, 2017

GBP/USD Bearish Factors / Currencies / Forex Trading

By: Nadia_Simmons

On Tuesday, British pound move lower against the greenback, which resulted in an invalidation of the breakout above two important resistances. How did this negative development affect the technical picture of GBP/USD?

In our opinion the following forex trading positions are justified - summary:

EUR/USD: none
GBP/USD: short (a stop-loss order at 1.3232; the initial downside target at 1.2375)
USD/JPY: none
USD/CAD: none
USD/CHF: none
AUD/USD: none

Friday, July 21, 2017

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing / Commodities / Gold and Silver 2017

By: GoldCore

– Gold hedge against currency devaluation – cost of fuel, food, housing
– True inflation figures reflect impact on household spending
– Household items climbed by average 964%
– Pint of beer sees biggest increase in basket of goods – rise of 2464%

Friday, July 21, 2017

Is It Worth Investing in Palladium? / Commodities / Palladium

By: Arkadiusz_Sieron

Palladium is another element with great importance to the modern economy, but it’s often overshadowed by the other more famous and expensive precious metals. As the chart below shows, palladium has been generally cheaper than platinum – its more expensive substitute in industrial use and jewelry.

Friday, July 21, 2017

“Dirty, Difficult, And Dangerous”: Why Millennials Won’t Work In Oil Industry / Commodities / Crude Oil

By: OilPrice_Com

By Tsvetana Paraskova : Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”.

During the Super Bowl earlier this year, the American Petroleum Institute (API) launched an ad geared toward Millennials, who now make up the largest generation in the U.S. labor force.

Friday, July 21, 2017

UK House Prices Momentum Crash Threatens Mini Bear Market 2017 / Housing-Market / UK Housing

By: Nadeem_Walayat

The June 8th general election result delivering 'chaos and uncertainty' instead of 'strong and stable' not only shocked Britain's political and media establishment but also looks like the UK economy suffered a heart attack with confidence fast evaporating as the economy slows down which makes a mockery of the Bank of England MPC clowns persisting in their talk of raising UK interest rates this year. And along with evaporating economic confidence is the confidence in the UK housing market that risks bringing a 5 year housing bull market to an abrupt end! And this is even before we see the chaos that will ensue once Theresa May quits as PM that risks triggering another chaos inducing general election!