Friday, December 02, 2016
Gold, Currencies and Markets Critical 61.8% Retracements / Commodities / Gold and Silver 2016
As it is quite often said (but just as often forgotten when things get volatile), no market can move up or down in a straight line. There have to be corrections along the way as some traders cash in their profits, others get scared out of their positions etc. The question is – where (at what price) is such a reversal likely to take place. Focusing on news and fundamental analysis alone will not provide you with an answer here, simply because the markets are not logical in the short term, but emotional (it is also the case in the medium term, but to a smaller extent). Consequently, we need to apply technical tools to determine what is the most likely level at which the price will reverse.
Read full article... Read full article...
Friday, December 02, 2016
Trump Nominee Will Politicize Dept. of Justice / Politics / US Politics
In his successful run to the presidency, Donald Trump spent a lot of time talking about the Second Amendment and defending gun ownership. He spent very little time talking about the other amendments, other than to say he supported the Constitution. He knew his core support came from those who could effortlessly repeat a phrase, “Donald Trump supports my Second Amendment rights,” without knowing much more than that.Read full article... Read full article...
Friday, December 02, 2016
Gold Junior Stocks Q3’16 Fundamentals / Commodities / Gold and Silver Stocks 2016
The junior gold miners’ and explorers’ stocks have been crushed in recent months, collateral damage from enormous gold-futures selling. That’s naturally left investors and speculators extremely bearish on gold juniors. But lost in all this technical and sentimental tumult are important fundamentals from the juniors’ recently-reported third-quarter financial and operational results, which proved quite strong and bullish.
The junior gold stocks are rightfully considered the Wild West of the gold sector. Most of the hundreds and hundreds of these small companies won’t prove successful. They won’t be able to secure funding to explore sufficiently, won’t be fortunate enough to find an economic deposit of gold to mine, or won’t be able to make the herculean leap from explorer to miner. The odds are stacked heavily against the gold juniors.
Read full article... Read full article...
Friday, December 02, 2016
Adventures in Castro’s Cuba / Politics / Social Issues
Dear Paraders,
Some years ago my then girlfriend, now wife, Deirdre and I set off to search Planet Earth for our personal paradise.
Cuba was one of the places we seriously considered.
My logic at the time—and this would be about 1995—was that Castro’s regime couldn’t last. And that once his heavy grip on the throat of the economy was released, the country’s natural charms and resources, sited as they are just 90 miles off the coast of Florida, would assure an entrepreneurially-minded individual (me) a solid chance of profiting.
Read full article... Read full article...
Friday, December 02, 2016
We Are Putting Off the Inevitable / Economics / Recession 2017
Only two presidents in history did not see a recession, and they were inaugurated after single-term presidents. In every single instance at the end of a two-term presidency, there’s been a recession. This means there is a 100% chance of recession for the new president.
My friend Raoul Pal, in his latest Global Macro Investor, talks about the potential for a recession in 2017:
The following chart shows every recession since 1910 (in yellow) with the new president after a two-term election marked in white and the new presidents after a single-term presidency in red. Wilson and Eisenhower appear as both. Only Coolidge saw more than a year (sixteen months) from his second-term election and the onset of the subsequent recession at the end of WWI…
Read full article... Read full article...
Friday, December 02, 2016
Is the Yellen Fed TRYING to Crash Stocks To Hurt Trump? / Stock-Markets / Financial Markets 2016
Is Janet Yellen trying to crash stocks to screw Trump?
Ever since the $USD began its bull market run in mid-2014, the Fed, lead by Janet Yellen, has intervened whenever the $USD cleared 98.
Read full article... Read full article...
Friday, December 02, 2016
Is Japan About to Implode the $10T $USD Carry Trade? / Interest-Rates / Global Financial System
It is said that history has a sense of irony. The latest US election is not an exception.
Consider the following…
- Donald Trump campaigned aggressively on trade… particularly his opposing of the fact that the US gets taken advantage of by foreign nations via bad trade deals.
- Trump wins the Presidency on November 8, 2016.
- US trade gets royally screwed in the currency markets.
Friday, December 02, 2016
Shale-War is over so $60 Brent Crude Oil by Christmas is highly probable: Next $85? / Commodities / Crude Oil
In April this model (http://oilpro.com/...) predicted the Saudi’s would blink in Doha and Brent would see $60 by Christmas.Well they did blink in Doha; they stopped talking about pumping an extra two-million barrels per day into the pot; incidentally that was just bravado; unless the plan was to stop using oil to make electricity...which would have been unpopular during the summer.
Read full article... Read full article...
Friday, December 02, 2016
Macroeconomic Cycles & Demographics - A Fuse, An Explosive and The Igniting Catalyst / Economics / Demographics
Investors need to focus on the two key long term structural changes now underway which are going to ignite destructive global dislocations through early 2020. To better understand why this is going to occur we need to place them in context by first examining the major economic cycles currently underway.
Harry Dent's Macroeconomic Cycles & Demographics
This initial cycle chart is from an in-depth discussion I had with Harry Dent earlier this year. Since leaving Harvard, Harry has spent most of his adult working life studying demographics and cycles.
Read full article... Read full article...
Friday, December 02, 2016
Rising Populism in America, Russia and Europe & The Rise of India / Politics / Social Issues
The entire west is in the grip of Populism. The Spectacular victory of Donald Trump acts as a catalyst for its rise and spread in France, Germany, Britain, Ireland, Italy and etc. The common people in Germany fear that if Angeline Merkel is elected again, Germany will be isolated from the rest of the West or Europe and they have to pay very great price. These rising trends have forced CNN and other media to discuss about the rising or spreading of Populism in the West.
Read full article... Read full article...
Thursday, December 01, 2016
Stock Market Possible Breakdown... / Stock-Markets / Stock Markets 2016
SPX has overlapped Wave [i], greatly diminishing the probability of another probe to a new high. This strongly suggests that the Top is in. This is turning into a complex decline that still may have a risk of a final surge to 2122.00, but no higher.
Take the appropriate action you deem necessary, given your propensity for risk. Shorting a bounce above 2200.00 may lower the drawdown due to a possible incomplete Wave formation.
Read full article... Read full article...
Thursday, December 01, 2016
How Moving Averages Can Identify a Trade / InvestorEducation / Learn to Trade
These 3 charts help you understand how moving averages work
Moving averages are a popular tool for technical traders because they can "smooth" price fluctuations in any chart. Senior Analyst Jeffrey Kennedy gives a clear definition:
"A moving average is simply the average value of data over a specified time period, and it is used to figure out whether the price of a stock or commodity is trending up or down... one way to think of a moving average is that it's an automated trend line."
Read full article... Read full article...
Thursday, December 01, 2016
Silver Prices and Interest Rates / Commodities / Gold and Silver 2016
“History shows the only place for interest rates to go from here is higher.”
Examine the above chart of interest rates for 200 years.
- Rates rise and fall in long cycles, 20 to 40 years from a peak to a trough.
- Important highs occurred in 1920 and 1981.
- Important lows occurred in 1946 and probably 2016.
- Current rates are the lowest in 200 years. Some analysts have said the lowest in 5,000 years.
Thursday, December 01, 2016
America, is it Finally time for us to say Goodbye? / Politics / US Politics
few months ago my wife and I made a trip into the city from our small rural community for an evening of dining and visiting with some of her old childhood friends. We started our date with just the two of us at a well known vegetarian restaurant. Later we met up with the rest of the crew at a local park near the beach to watch some skits and some dancing while the sun went down over English Bay. It was a beautiful sunset in an amazing setting.
While we’re sitting and chatting in the bleachers of the small amphitheatre my wife’s friend asks us at which restaurant we ate. We told her and with a raised eyebrow she replies: “Really, Francis actually ate in a vegetarian restaurant? Wow. That must have been quite an experience for you!”
Read full article... Read full article...
Thursday, December 01, 2016
Blockchain Technology – What Is It and How Will It Change Your Life? / Currencies / BlockChain
-
Blockchain technology – What is it?
-
Latest developments – Royal Mint Gold & CME, Goldman Sachs and Santander
-
Why do we need it? It’s about value
-
Blockchain is an extension of economics
-
Blockchain allows us reduce uncertainty and risk
-
How will it change your life?
Thursday, December 01, 2016
Stock Market Short-Term Uncertainty As Stocks Hover Along Record Highs / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,240, and profit target at 2,060, S&P 500 index).
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, December 01, 2016
Burn the Flags, Can Trump Salvage The Sinking US Economic Ship? / Economics / US Economy
When Nobel Peace Prize winner, Barack O’Bomber, was sworn into office on January 20, 2009, the national debt was $10.62 trillion.
The United States currently has a national debt total of over $19.9 Trillion according to the US national debt clock as of the writing of this blog. That’s an astonishing 87% increase in less than an 8 year period.
Read full article... Read full article...
Thursday, December 01, 2016
US Economic Data - These Were Supposed To Be Hillary’s Numbers! / Economics / US Economy
Good headlines just keep coming. The Chicago PMI index of Midwest economic activity jumps to its highest level in two years. The ADP employment report shows 216,000 new jobs added in November. US Q2 GDP growth is upgraded to a completely acceptable rate of 3.2%.
Very nice numbers all. And – had the election gone a different way – a big help in easing the transition from one Democrat administration to another. Success breeding success.
Read full article... Read full article...
Thursday, December 01, 2016
Will US Housing Real Estate Market Tank in 2017? / Housing-Market / UK Housing
In many ways, 2016 has been a banner year for U.S. real estate. Housing prices continued to strengthen in several major metropolitan markets and even reached frothy proportions in at least three major markets. Below the surface of an otherwise healthy market, however, lies a set of factors that could cause problems for the housing market in 2017.
Read full article... Read full article...
Thursday, December 01, 2016
Gold and Silver in Review / Commodities / Gold and Silver 2016
Gecko Research reviews the past week in gold and charts their actions.
Gold lost 1.9% or $23 last week to close on Friday at $1,184.10. Silver was, believe it or not, almost flat for the week as it closed at $16.51, down only 4c. The gold to silver ratio was 71.7 at the end of the week.
Read full article... Read full article...