Thursday, November 03, 2016
Stock Market Reaches Deadly 7 Straight Days of Losses As Catholic Jubilee Year End Day Approaches / Stock-Markets / Stock Markets 2016
By: Jeff_Berwick
The S&P 500 has only fallen for 7 straight days three times in the last 20 years. And, each time it was during a financial crisis.
And, it just happened again today. The S&P 500 fell 0.65% on Wednesday, marking seven days in a row of losses.
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Thursday, November 03, 2016
Trump Converging Towards BrExit Factor Election WIN, Opinion Polls are WRONG Again! / ElectionOracle / US Presidential Election 2016
By: Nadeem_Walayat
With just 4 full days to go until the polls open Tuesday 8th, Trump continues to bounce in the polls and betting markets that has resulted in near panic in the Democrat camp that less than a week ago were seen relaxing on expectations for a Hillary landslide election victory. But now, after last Fridays FBI bombshell all that has changed and the Clinton clan are busy crisscrossing the swing states, mainly attempting to bolster the lack lustre black vote that despite fearing Trumps rhetoric nevertheless are unable to find much incentive to get out and vote for the ultimate washington insider Hillary.
Thursday, November 03, 2016
The Chartology of Gold / Commodities / Gold and Silver 2016
By: Rambus_Chartology
Tonight I would like to look at some gold charts as it has been showing some relative strength since October. We can even go back to February of this year which shows a possible big diamond consolidation pattern building out. Regardless of whatever trading discipline one uses the last nine months of price action has been difficult at best to read.
Thursday, November 03, 2016
US 2016: Fight for Leadership Begins After the Election / ElectionOracle / US Presidential Election 2016
By: Dan_Steinbock
After the bizarre 2016 election, Washington faces a slate of investigations and a gridlock. Internationally, threats include new Cold War(s). Depending on the outcome, the election could even be contested.
If Hillary Clinton wins, she will flash her broad smile like Alice in the Wonderland, with Vice President Tim Kaine, Bill and Chelsea on her side. The conventional story will be that her victory built on her egalitarian economic policy, gender concerns, international relations, strong defense policy and good ties with Europe and Japan.
Thursday, November 03, 2016
Gold: It’s All About the US Dollar / Commodities / Gold and Silver 2016
By: Submissions
Kelsey Williams writes: The relationship between gold and the US dollar is similar to that between bonds and interest rates. Gold and the US dollar move inversely. So do bonds and interest rates.
If you own bonds, then you know that if interest rates are rising, the value of your bonds is declining. And, conversely, if interest rates are declining, the value of your bonds is rising. One does not ’cause’ the other. Either result is the actual inverse of the other.
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Wednesday, November 02, 2016
Stock Market Speculative Scenario on FOMC Day / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
This has been a highly unusual FOMC day. The swing has been a mild on in comparison to past announcements.
An interesting Wave structure may be emerging. Should SPX make another probe beneath its daily mid-Cycle support at 2096.53, it may complete yet another impulsive Wave. The target with the “best fit” to complete the impulse [Wave (v) equals Wave (i)], would be near 2075.00. That would give the decline from the top of Wave (B) over 100 points on its 42nd day (tomorrow) from the 2179.79 high on September 22.
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Wednesday, November 02, 2016
Bitcoin Price Soars on Its Eighth Birthday / Currencies / Bitcoin
By: Jeff_Berwick
As of yesterday it was eight years to the day since Bitcoin’s initial white paper was posted to the internet.
And what a birthday party it had, soaring from $614 on October 1st to around $728 today with gold and silver also rocketing higher, with silver up more than 3% today.
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Wednesday, November 02, 2016
“Trump Might Actually Win” - This Is What Gold and Silver Do In A Political Crisis / Commodities / Gold and Silver 2016
By: John_Rubino
A week ago it looked like the US government was destined to end up firmly – maybe even more firmly — in the hands of the banks, public sector unions and defense contractors. Trump was imploding and the markets were basking in the prospect of never-ending liquidity from a re-energized Fed. And safe-haven assets like gold were being dumped in favor of growth stocks and the like.
Wednesday, November 02, 2016
Diwali, Gold and India – Spiritual, Religious Gold Buying Over? / Commodities / Gold and Silver 2016
By: The_Gold_Report
I live in Dubai where Diwali has been the focus for many this weekend. With Diwali comes not just fantastic light displays and celebrations but also huge adverts for Hindus to buy gold for their loved ones in India and throughout the world.
Buying gold at Diwali is a religious or spiritual act and it is considered auspicious and thought to bring good fortune and prosperity.
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Wednesday, November 02, 2016
Stock Market Rally on FED Speak Today? / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
The chart below shows that we have the likely hood of staging a huge rally today in the stock market. In fact, the NASDAQ 100 could make a new high by Friday. The trines of October 30 and November 1 turned out to be exhaustion points in a down trend. The 5/10/20 and 40 week lows still loom ahead and are due sometime in mid to late month. Thanksgiving week could be pivotal.
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Wednesday, November 02, 2016
The Economic Twilight Zone in Japan / Economics / Japan Economy
By: Rodney_Johnson
It wasn’t supposed to be like this.As I learned in my MBA studies in the early 1990s, the sun was setting on the U.S. as a global economic power, just as it had on the British Empire 80 years before. The Land of the Rising Sun was ascending, and our job was to manage the decline of the U.S. as effectively as possible. There was even a book from famed McKinsey consultant Kenichi Ohmae on the subject, Triad Power.
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Wednesday, November 02, 2016
The Demise of the U.S. Middle Class / Politics / Social Issues
By: Harry_Dent
Our middle class has been shrinking substantially since the 1960s and ’70s. Today, their share of wealth is the lowest in the world at a mere 19.6%!But what exactly is to blame for the demise of the middle class?
Could it be the outsourcing of manufacturing jobs to China and other Asian countries?
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Wednesday, November 02, 2016
Forex Trading - USD/CHF Declines Sharply / Currencies / Forex Trading
By: Nadia_Simmons
Although the Institute for Supply Management showed that its manufacturing purchasing managers' index increased to 51.9 in Oct, the USD Index moved sharply lower. As a result, the greenback declined significantly against the Swiss franc. What does it mean for USD/CHF?
In our opinion, the following forex trading positions are justified – summary:
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Wednesday, November 02, 2016
Silver Price Is Looking Really Bullish In Dollars, Euros and Rands / Commodities / Gold and Silver 2016
By: Hubert_Moolman
Silver in South African Rand
The South African rand is often a leading indicator for where silver (in dollars) is going, as previously explained. Furthermore, the chart of the silver price in rands can often provide very clear signals or patterns of what might happen to price.
Currently, the silver price in rands provides the clearest signal (in my opinion) that silver is going to go very high in price. Below is a silver chart in South African rands:
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Wednesday, November 02, 2016
Can Oil Markets Survive An OPEC Implosion? / Commodities / Crude Oil
By: OilPrice_Com
A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC's effort at coordination could be at yet another impasse.
Following the Algiers agreement at the end of September, a tentative deal that called for a collective reduction in oil output in the range of 200,000 to 700,000 barrels per day, OPEC scheduled a meeting on October 28-29 in Vienna to put some meat on the bones of the pact so that it could be officially sealed at the end of November.
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Wednesday, November 02, 2016
India, China Face Trade Choices / Economics / Asian Economies
By: Dan_Steinbock
In the coming years, China and India must decide whether their bilateral ties will be based on economic cooperation, political facilitation and strategic trust - or economic walls, political barriers and strategic containment.
In early October, militants attacked an Indian army camp in Indian-administered Kashmir, killing a soldier. In this contested region, the two nuclear powers, India and Pakistan, have occasionally been close to devastating military friction. In the mid-October BRICS Summit, India's Prime Minister Narendra Modi called Pakistan "mother-ship of terrorism."
Wednesday, November 02, 2016
Regardless of Who Wins the US Election, Confidence in Washington DC Is ALREADY Shattered / Politics / US Politics
By: MoneyMetals
It just doesn't matter much whether Hillary Clinton or Donald Trump wins the election, at least in terms of gold and silver market fundamentals. That said, the contest itself is signaling something important precious metals investors should be watching intently.
This campaign is dragging whatever prestige is still associated with the Office of President into the mud. Few voters on either side bother to spend much time arguing the greatness of their candidate. When both Trump and Clinton carry more baggage than American Airlines, it's easier to focus on their opponent's shortcomings.
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Wednesday, November 02, 2016
US Elections - Break Out of the Illusion / ElectionOracle / US Presidential Election 2016
By: Rudy_Avizius
In the old Soviet Union, people had “free” elections and were “free” to choose any Communist candidate that had been selected for the election. Most of the people of the Soviet Union understood well that their elections were shams.
Here in the United States, we also have “free” elections and the corporate media narrative is that you need to vote for one of the two candidates that have been selected for you, because if you go outside of that “choice”, the other terrible candidate that you do not want will win the election. You may not particularly like the candidate you plan to vote for, but that candidate is certainly the “lesser evil”. The corporate media has successfully spun that illusion so now many people do not even realize that there are choices outside of the Democrat/Republican duopoly that is strangling our election process.
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Wednesday, November 02, 2016
US Presidential Election Forecast 2016 - Will America Vote for BrExit Freedom? / ElectionOracle / US Presidential Election 2016
By: Nadeem_Walayat
It's the 2nd of November and not just America but the whole world is counting down to the US election day. Gone is the fantasy reporting of a week ago when the mainstream press, pollsters, political pundits, analysts, book makers and markets were literally all concluding that Hillary Clinton was heading for not just an election win but a landslide victory. And then the FBI detonated their Hillary emails bomb which has galvanised into action what had been a Trump campaign literally on life support, which saw many cowardly republicans throwing in the towel, abandoning the Trump ship, leaving the Trump Terminator to keep relentlessly plowing on and on, on his own, regardless of what the establishment media threw at him every other day, that which would have killed off any ordinary candidate's campaign months ago!
Tuesday, November 01, 2016
Precious Metals Stocks May Be Poised for a Major Upswing / Commodities / Gold and Silver Stocks 2016
By: Clive_Maund
Technical analyst Clive Maund outlines why he believes the correction in gold and precious metals stocks is coming to an end.
It now looks like gold's correction is done and its intermediate base pattern is completing. If so, then we are at an excellent entry point for many better precious metals (PM) stocks, which have been savagely beaten down over the past several months—a necessary correction following their outsized run-up earlier in the year.
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