Tuesday, June 20, 2017
GDXJ Gold Stocks Massacre: The Aftermath / Commodities / Gold and Silver Stocks 2017
By: The_Gold_Report
Veteran investor Bill Gross' investment strategy offers lessons to all investors, says Lior Gantz, editor of Wealth Research Group.
GDXJ Rebalance
PIMCO (Pacific Investment Management Company) is the largest American-based, private investment company focused on bonds.
As of its last filing, it had over $1.51 trillion in assets under management—that is significant, and the man who founded the company, Bill Gross, has a lot to do with it.
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Tuesday, June 20, 2017
Why Walkers Crisps Pay Packet Promotion is RUBBISH! / ConsumerWatch / Freebies and Comps
By: Anika_Walayat
I bet most of you who have been buying hundreds of packets of walkers crisps trying to win from £5 upwards in their pay packet promotion will not have had any success. So here we stand having bought near 600 packs of crisps and with a big fat zero of wins, which brings us to the conclusion that this promotion is RUBBISH! About as good as their 2016 promo for winning 1 of 20,000 holidays that only resulted in about 800 holidays being won. And so I suspect we will see the same for Walkers Pay Packet promotion i.e. the total won is nowhere near the £2 million promoted prize fund. Anyway we shall see, but in our experience this walkers promotion is rubbish, so you should stop wasting your time and money in the remaining weeks because your not going to win anything!
Monday, June 19, 2017
Raise the Inflation Target and Put a Date on It! / Economics / Inflation
By: Michael_Pento
Raise the Inflation Target and Put a Date on It! That’s the direction some high-profile economist and former members on the FOMC want to go. According to these academics, including Narayana Kocherlakota the former president of the Federal Reserve Bank of Minneapolis from 2009 to 2015, raising the inflation target just isn’t enough. They want to put a time horizon on it as well. In other words, they want to raise the inflation target higher than the current 2% level, and then place a firm date as to when that inflation goal must be achieved.
Monday, June 19, 2017
Why The EU’s Recent Plans To Regulate London’s Financial Sector Are Overblown / Politics / BrExit
By: John_Mauldin
By Antonia Colibasanu : A major concern after Brexit was that it will destroy the financial sector in the UK and and the EU since London is a financial hub.
Those who hold this view would see the European Commission’s new plans announced on June 13 to regulate a very lucrative industry in London’s financial sector as a case in point.
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Monday, June 19, 2017
Today’s Stock Market Is Not Yet At Dot-Com Bubble Levels / Stock-Markets / Stock Market 2017
By: John_Mauldin
PATRICK WATSON : Worried about a stock market crash?
Valuations are high, yes, but not at the levels seen in the late 1990s dot-com craze.
A Leuthold Group study used the same measures to compare today’s valuations against those in the 1990s.
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Monday, June 19, 2017
7 Signs You Should Add Gold To Your Portfolio Now / Commodities / Gold and Silver 2017
By: HAA
Stephen McBride : Gold got crushed in the post-election rally, but a little over five months into 2017, the yellow metal is up 10.5%—making it one of the best-performing assets of the year so far.
While the outlook for the US economy is more positive than it was 12 months ago, if we zoom out for a moment, the big picture “ain’t so rosy.”
Gold has historically done well in times of uncertainty and panic… and with these seven worrisome signs, there could be plenty ahead.
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Monday, June 19, 2017
Bullish Palladium Supporting Commodities / Commodities / Palladium
By: ElliottWave-Forecast
The world is hooked on ‘Palladium’ because of its uses as an industrial metal and catalyst, the consumers are mainly automobile producers as it’s widely used in gasoline-based engine cars to curb harmful emissions from vehicles. Palladium surged +34% this year on expectations that supply will lag demand for a sixth straight year, beating the rest of commodities, combined with last year gains it results in an impressive 95% rally.
Monday, June 19, 2017
Gold Will Start Heading Higher On “Dwindling” Supply / Commodities / Gold and Silver 2017
By: GoldCore
James Rickards via Daily Reckoning
Gold was down after the Fed’s hike, but I expect it to start heading higher again. Too many powerful forces are driving it behind the scenes. Dwindling physical supply is a major one.
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Monday, June 19, 2017
US Bonds and Related Market Indicators / Interest-Rates / US Bonds
By: Gary_Tanashian
The June 18 edition of Notes From the Rabbit Hole has a few less stock charts this week in order to ramp up the macro talk, which appeared periodically through the report; but especially in the Precious Metals and Bonds segments. Excerpted from NFTRH 452…
Bonds & Related Indicators (and more macro discussion)
The target for TLT continues to be around 129. Treasury bonds are in bull trends (remember back a few months ago to all the bond hatred in the media). How does an eventual decline in bonds square with what we just noted above regarding Q4 2008? [work done in the preceding Precious Metals segment] Treasury bonds were a wonderfully bullish asset during Armageddon ’08 and who’s to say that an upside blow off may not be coming sooner rather than later amid massively over bullish sentiment? I mean, there is certainly no stop sign at our 129 target. Sentiment, as we are all too aware, can take a long while to manifest in pricing.
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Monday, June 19, 2017
... / Companies / Mobile Technology
By: OilPrice_Com
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Monday, June 19, 2017
Amey Playing Cat and Mouse Game with Sheffield Residents and Tree Campaigners / Local / Sheffield
By: N_Walayat
Amey's £2 billion PFI "Streets Ahead" contract with Sheffield City Council that the people of Sheffield had no say in, apparently involves the cutting down of tens of thousands of Sheffield's biggest and most beautiful trees. Whilst some of the trees do need to go i.e. because of disease, but most of the trees are apparently being cut down so as to avoid annual 'maintenance' costs. That and potential for profit given that the wood from a large trees could be worth several thousands of pounds.
Monday, June 19, 2017
US-China Trade amid America’s New Uncertainty / Politics / China US Conflict
By: Dan_Steinbock
As the White House is preparing to a political war for its survival, the Trump-Xi 100 day plan should overcome long-term pressures on US-China ties.After the two-day summit at Mar-a-Lago, the US and China announced a 100-day plan to improve strained trade ties and boost cooperation between two nations. Soon thereafter, the US Department of Justice appointed Robert Mueller, the former director of the FBI (2001-13) as special counsel overseeing the investigation into the alleged Russian interference in the 2016 elections.
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Monday, June 19, 2017
Trump White House Under Siege / Politics / US Politics
By: Dan_Steinbock
Washington is planning to extend sanctions against Russia, once again. Meanwhile, the Trump administration is getting ready to cope with a special counsel’s investigation which seems to focus as much on Trump as Russia.
Last Wednesday, Secretary of State Rex Tillerson warned that Congress should not pass any legislation that would undercut "constructive dialogue" with Russia. Yet, the Senate voted 97-2 to advance a bipartisan agreement to launch new financial penalties on Russia and to let the Congress intervene before President Trump can lift sanctions. Afterwards, Trump tweeted that he is the subject of the “single greatest WITCH HUNT in American political history,” and one that he said is being led by “some very bad and conflicted people.”
Monday, June 19, 2017
Positive Stock Market Expectations, But Will Uptrend Continue? / 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
Monday, June 19, 2017
Gold Proprietary Cycle Indicator Remains Down / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the gold and silver markets, noting signs that gold stocks are near the end of their corrective consolidation.
Our proprietary cycle indicator is down.
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Monday, June 19, 2017
USDJPY Broke Above Trend Line Resistance / Currencies / Forex Trading
By: Franco_Shao
The USDJPY pair failed to break below the April 17 low of 108.13 and recently moved above the bearish trend line from 111.71 to 110.81 at 110.15 on its 4-hour chart, suggesting that the bearish movement from the May 11 high of 114.36 had completed at 108.81 already. As discussed before, as long as 108.13 support holds, the fall from 114.36 would possibly be correction of the uptrend from 108.13, and another rise to retest the resistance of the March 10 high of 115.50 is still possible after the correction.
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Sunday, June 18, 2017
Walkers Pay Packet Promo Win After 540 Crisp Packets? / Personal_Finance / Freebies and Comps
By: Anika_Walayat
Were into the final month of Walkers pay packet promotion, and has anyone won anything? Lets see if we finally win something, even a fiver after another walkers crisps buying trip to this time TESCO! Will buying from Tesco make any difference to our lack of winnings so fare? Lets find out what the chances are after 90 multi-packs and 540 packets of crisp packets later....
Sunday, June 18, 2017
Stock Market Higher Highs Still Likely / 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: Correction over. May be heading for about 2500, or fall slightly short of it.
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.
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Sunday, June 18, 2017
The US Government Clamps Down on Ability of Americans To Purchase Bitcoin / Currencies / Bitcoin
By: Jeff_Berwick
You have to feel sorry for Americans. They are some of the most financially enslaved people in the world.
The bankrupt US government has been instituting capital controls for years now and have ensured that Americans can’t open a bank account nor even a bitcoin exchange account outside of the US through things like the Foreign Account Tax Compliance Act (FATCA) and just outright threatening to attack any bank or bitcoin exchange in the world who accepts Americans as clients.
This leaves Americans in the “land of the free” with very few options for bitcoin exchanges.
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Sunday, June 18, 2017
NDX/NAZ Continue downward pressure on the US Stock Market / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The week started at SPX 2432. After a decline to SPX 2420 on Monday the market rallied to 2444 by Wednesday. The market dropped to SPX 2419 on Thursday, then rallied to 2433 to end the week. For the week the SPX/DOW gained 0.3%, and the NDX/NAZ lost 1.0%. Economic reports continue to be weak. On the downtick: retail sales, the CPI, business inventories, import prices, the Philly FED, capacity utilization, the NAHB, housing starts, building permits, consumer sentiment, the Q2 GDP estimate, the WLEI, and the budget deficit widened. On the uptick: the NY FED and jobless claims improved. Next week’s reports will be highlighted by leading indicators and more housing.