Monday, August 26, 2019
Stock Market Melt Down. See What Elliott Waves Are Showing / Stock-Markets / Stock Markets 2019
Hi Reader,
Just yesterday -- even this morning! -- it seemed that stocks were finally out of the woods.
But as I'm typing this...
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Monday, August 26, 2019
We’re Now Forecasting Sharply Higher Gold & Silver Prices Sooner… / Commodities / Gold & Silver 2019
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear some very interesting comments from a first-time guest, Jeffrey Christian of the CPM Group. Jeff talks about who’s been buying gold, and who hasn’t been – at least not compared to levels of a few years ago, tells us why they’ve moved up their price forecasts for gold and silver a couple of years, and also answers the question about whether or not he believes there is widespread manipulation in the precious metals markets. You’ll want to be sure to stick around for my conversation with Jeff Christian, coming up after this week’s market update.
As investors glean takeaways from the Jackson Hole symposium this week , gold and silver markets are bouncing off of some near-term technical support levels.
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Monday, August 26, 2019
FREE Parking at Lands End Cornwall! How to Avoid Car Park Charge / Personal_Finance / Travel & Holidays
If your going on holidaying in Cornwall or Devon then probably at the top of your must do list is a visit to Lands End, situated right on the very westerly tip of England. However parking at the landmark carry's a hefty £6 parking charge which in my opinion can be easily avoided as this video demonstrates the various spots on the drive down to Lands End where one can park for FREE! And these were spotted on a busy, sunny August day. So watch the video before you set off so you know where to park before the double yellow lines kick in.
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Monday, August 26, 2019
Olympus TG-5 Camera - How to Add Date and Time Stamp to Images / Personal_Finance / Technology
So your thinking of buyng an Olympus Tougj TG-5 waterproof camera or already own one and are wondering how to add a date and time stamp to images. We'll in this video we take a look at the camera's settting to explain how to do it for images on this camera.
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Sunday, August 25, 2019
If You Don’t Understand Bonds, You Don’t Understand Investing / Interest-Rates / US Bonds
The first thing I read about investing wasn’t actually a book. It was a pamphlet that I got somewhere, 23 years ago.
The pamphlet said you should invest in bonds as well as stocks. It said bonds went up when interest rates went down, and vice versa. It didn’t go into any more detail.
Well, I did what the pamphlet said, even though I had no idea what the hell I was doing, and I wouldn’t figure out for a few more years why it was a good idea.
I suspect a lot of people don’t take that advice on diversification simply because they don’t know what the hell they are doing.
Sunday, August 25, 2019
Gold's Next Move / Commodities / Gold & Silver 2019
Gold has drawn a lot of attention lately with its recent strong upward swing. But where it goes from here is what must subscribers are asking.
Let's look at the driving factors.
About 78% of all the gold mined is used for jewelry and industrial applications. The remaining 22% is used in financial applications.
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Sunday, August 25, 2019
Fresh Water Crisis Unfolding / Politics / Climate Change
When planetary scientists search for life on other planets the first thing they look for is evidence of water.
“There are two main questions in the search for life: With so many places to look, how can we focus in on the places most likely to harbor life? What are the unmistakable signs of life -- even if it comes in a form we don't fully understand?
"Before we go looking for life, we're trying to figure out what kinds of planets could have a climate that's conducive to life," del Genio said.
Del Genio recognizes that life may well exist in forms and places so bizarre that it might be substantially different from Earth. But in this early phase of the search, "We have to go with the kind of life we know," he said.
Further, we should make sure we use the detailed knowledge of Earth. In particular, we should make sure of our discoveries on life in various environments on Earth, our knowledge of how our planet and its life have affected each other over Earth history, and our satellite observations of Earth’s climate.
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Sunday, August 25, 2019
Trump Floats Payroll & Capital Gains Tax Cues to Forestall Recession / Politics / US Politics
Gold and silver markets test some near-term technical support levels late this week, investors are focused on takeaways from the Jackson Hole symposium.
Federal Reserve chairman Jerome Powell headlined a list of other central bankers, academics, and financial elites at the annual Wyoming gathering. Powell was widely expected to signal a rate cut ahead during his speech on Friday. But many on Wall Street and in Washington were hoping he would make a bigger, broader commitment to monetary stimulus.
For his part, President Donald Trump is urging the Fed to slash rates by 100 basis points.
On Tuesday, President Trump also said he would consider new tax cuts to stimulate the economy. The following day, he appeared to change his mind, saying we don’t need tax relief after all because “we have a strong economy.
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Sunday, August 25, 2019
Newbie Guide to Currency Pairs in Forex Trading – Review / Currencies / BlockChain
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Saturday, August 24, 2019
When A 16-Year-Old Earns $3 Million, You Know It's Not A 'Silly Fad' / Companies / Gaming
A month ago, 25,000 fans packed into the world’s largest tennis stadium in Queens, New York.
They came to watch 100 “athletes” compete for the title of the world’s best. Millions more watched online.
But they weren’t there to see tennis stars like Serena Williams or Roger Federer.
These crowds gathered to watch kids play video games.
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Friday, August 23, 2019
The Central Bank Time Machine / Interest-Rates / Central Banks
We are now witnessing the death throes of the free market. The massive and record-breaking global debt overhang, which is now $250 trillion (330% of GDP), demands a deflationary deleveraging depression to occur; as a wave of defaults eliminates much of that untenable debt overhang. The vestiges of the free market are trying to accomplish this task, which is both healthy and necessary in the long term—no matter how destructive it may seem during the process. Just like a forest fire is sometimes necessary to clear away the dead brush in order to promote viable new growth. However, the “firemen” of today (central banks) are no longer in the business of containing wildfires, but instead proactively flooding the forest with a deluge of water to the point of destroying all life.
In point of fact, the free market is no longer being allowed to function. Communism has destroyed capitalism, as the vital savings and investment dynamic has been obliterated. Central banks have decided that savers deserve no return on their so-called risk-free investments and have hence forced into existence humongous bubbles in junk bonds and equity markets worldwide. They have destroyed the savings and investment dynamic and turned time backward.
Friday, August 23, 2019
Stock Market August Breakdown Prediction and Analysis / Stock-Markets / Stock Markets 2019
Our August 19th breakdown prediction aligns with our other analysis tools and predictive modeling systems. The key to understanding price action lies in two modes of operational aspects for analysts. Either the analysis is going to be correct and the markets will break down as we have predicted or the analysis will be incorrect and the markets will break higher to rally to new highs. We call this the “failure to fail” mode or the “failure to succeed” mode of compliance for price. Either it will do what we expect or it won’t.
There are a few things that we, as analysts, must take into consideration with regards to future predictions of price action and direction. First, sometimes we fail to make perfect predictions. It is not easy or 100% guaranteed that our predictions will become valid or accurate on the day we suggest price should move in a certain direction.
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Friday, August 23, 2019
U.S. To “Drown The World” In Oil / Commodities / Crude Oil
The U.S. could “drown the world in oil” over the next decade, which, according to Global Witness, would “spell disaster” for the world’s attempts to address climate change.
The U.S. is set to account for 61 percent of all new oil and gas production over the next decade. A recent report from this organization says that to avoid the worst effects of climate change, “we can’t afford to drill up any oil and gas from new fields anywhere in the world.” This, of course, would quickly cause a global deficit, as the world continues to consume around 100 million barrels per day (bpd) of oil.
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Friday, August 23, 2019
Modern Monetary Theory Could Destroy America / Economics / US Debt
I am back from my 14th annual Maine fishing camp.
The private event at Leen’s Lodge is generally called Camp Kotok in honor of David Kotok of Cumberland Advisors who started these outings many years ago.
CNBC and others began calling it the “Shadow Fed,” but it is really just a meeting of wickedly smart people focused on economics and markets. (I am allowed to attend for comic relief.)
We discussed the world’s problems and the general mood was that many of those problems are beginning to catch up.
Among other topics, there was an open “debate” about Modern Monetary Theory (MMT) and US fiscal strategy.
Friday, August 23, 2019
What Will Jackson Hole Bring to Us and Gold? / Commodities / Gold & Silver 2019
The 2019 Economic Symposium in Jackson Hole has begun! On Friday, we’ll hear Jerome Powell discuss the latest monetary policy shifts. How will it affect the gold market?
Jackson Hole 2019 Has Begun
This week is rather light in terms of incoming economic data, with the minutes from the last FOMC meeting being the only exception. Now, investors await the annual Jackson Hole Economic Policy Symposium scheduled August 22-24 in Wyoming. The conference is one of the most famous and important gatherings of central bankers, policy experts, academics, and leading financial market players, and it is closely followed by investors. It is very often a major market-moving event, as central banks hint at new policy moves. The best example may be the 2010 symposium when Ben Bernanke announced the second round of quantitative easing, which supported the gold prices. On the contrary, in 2016, Janet Yellen delivered a hawkish speech which pushed the yellow metal downward.
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Friday, August 23, 2019
Seven Key Words That Explain "Stupidly High" Bond Market Prices / Interest-Rates / International Bond Market
The front page of the August 16th Wall Street Journal contains the information found in the remarkable graph below.
As can be clearly seen, year to date around the world - including in Austria, Japan, Germany, and the U.S. and the U.K. - we are in practice seeing some of the most astonishing short-term returns ever seen when it comes to long and ultralong bonds.
The title of the WSJ article is "Forget Stocks. Ultralong Bonds Are The Real Gamble", and the author refers to the current bond price levels around the world as being "stupidly high". If we look at the dominant investment theories from prior decades, which the great majority of financial planners, financial journalists and retirement investors still treat as being the gospel wisdom for today - then he makes some very strong points about just how ridiculous those prices are, and why they shouldn't exist.
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Friday, August 23, 2019
Is the Fed Too Late Prevent A US Housing Bear Market? / Housing-Market / US Housing
So, the reality is that based on our modeling system and our research, there are only two ways that the US Fed (and likely the global central banks) can navigate out of this inflation killing debt glut that has sunk the global markets into a quicksand-like economic malaise; either A. reduce debts dramatically across the board (all nations) in an attempt to allow for some level of future growth/inflation opportunity, or B. find a way to push GDP out levels to 2x (or higher) that of current debt levels. A is much more difficult to negotiate and navigate – but it may be an option sometime in the future. B is the more likely option with a transition into some type of new 21st-century economic model that assists in advancing the build-it, sell-it model.
In the last, Part II, a section of our research, we showed you a chart of our US Fed modeling system and where we believe the US Fed should be targeting rates currently. The one thing that was a bit different than our original model, created in 2013, was the election of President Trump and the EU, US/China trade wars. This could complicate things a bit in the future, but overall the model continues to perform well.
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Friday, August 23, 2019
Manchester Airport FREE Drop Off Area Service at JetParks 1 - Video / Personal_Finance / Travel & Holidays
Here's how to avoid paying Manchester Airports high drop off fees of as much as £25! By using Manchester Airports free drop off service at Jetparks 1 situated on Thorley Lane where you have 60 minutes of free parking on whether just want to quickly to drop off passengers or accompany them on the free shuttle bus to the terminal and back.
Here's exactly what to expect in terms of ease of parking and frequency of the free shuttle bus so you will know whether to risk it or not, or play safe and drop off at the airport where it costs £4 for under 10 minutes and your risk is getting hit by a £25 charge if you take longer than 10 minutes to drop off passengers AND EXIT the terminal drop off area.
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Thursday, August 22, 2019
Gold Price Trend Validation / Commodities / Gold and Silver Stocks 2019
So who is on First, or Are we there yet ?
Either addresses the current CUT 2 CHASE question.
Blind faith can be good or bad, but tempered with some evidence, might be a good thing. Lets look at several categories of evidence concerning the position and trend of Gold and Gold Stocks.
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Thursday, August 22, 2019
Economist Lays Out the Next Step to Wonderland for the Fed / Interest-Rates / US Interest Rates
Mr. Steven Ricchiuto, he of a Masters in Economics from Columbia, has laid out the proper plan for the Federal Reserve in this oh so noisy environment in which an unassuming and fairly quiet man is trying to tune out a personal bully on Twitter, tune out the stock market’s daily whipsaw and do what he perceives to be the right thing.
Today, the academic named above throws in with Trump and politely harangues Chairman Powell thusly in an open letter. You can read it by hitting the graphic…
https://www.marketwatch.com/story/the....
Stagflation this, Volcker that, deflation the other thing… blah blah blah. But then he gets to the interesting parts, the money parts. Of the post-Volcker era he states…
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