Wednesday, November 15, 2017
5 Ways Bitcoin can Improve its Odds of Becoming the Future of Money / Currencies / Bitcoin
In 2013, Forbes' Kashmir Hill tried to live on Bitcoin for a full week and it was a rough experience. She couldn't pay her rent, she was practically living on BTC-bought Sushi, and she had to walk or bike to most places. Now, living on Bitcoin for a week will be a significantly improved experience because many merchants both online and offline now display the "Bitcoin Accepted Here' sign. In fact, CNBC has a video documentary showing an entertaining attempt to live on Bitcoin on 2017
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Wednesday, November 15, 2017
What "Too Confident to Save" Means for Stocks / Stock-Markets / Stock Market 2017
What "Too Confident to Save" Means for Stocks
Wednesday, November 15, 2017
These Headlines Say Gold is Building a Base for Something Big / Commodities / Gold and Silver 2017
It may be frustrating to watch the gold price remain dormant as stock markets continue to push higher. But while cryptos and Trump grab a lot of the headlines, you might be surprised to know there are significant forces behind the scenes that signal the gold market is not only strong but suggest something big is coming.
Check out these reports from the last 30 days and see what conclusion you’d draw…
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Wednesday, November 15, 2017
NZDUSD Broke Below Trend Line Support On 4-Hour Chart / Currencies / Forex Trading
NZDUSD recently broke below a bullish support trend line on the 4-hour chart, indicating that the bounce from 0.6818 had completed at 0.6979 already.
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Tuesday, November 14, 2017
The Dangers of Zero / Stock-Markets / Financial Markets 2017
Zero is an important number in the psychology driving demand for bullion. There are periods when investors find the argument that gold or silver prices “will never go to zero” compelling.
The 2008 financial crisis and the years immediately following it are the most recent example. The fear of conventional securities and even the fiat dollar becoming worthless was palpable for many in the metals markets. Bullion demand hit record levels.
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Tuesday, November 14, 2017
Is Peak Permian Only 3 Years Away? / Commodities / Crude Oil
The world’s hottest shale basin, the Permian, is leading the second U.S. wave of tight oil production growth and will continue to do so for years to come, all analysts say.
However, signs have started to emerge that the relentless intensification of drilling leads to diminishing returns, Simon Flowers, Chairman and Chief Analyst at Wood Mackenzie, said in an article this week. Pumping twice as much sand as usual into Permian wells and drilling longer laterals doesn’t deliver commensurate volumes of oil, Flowers notes.
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Tuesday, November 14, 2017
Protect Your Savings With Gold: ECB Propose End To Deposit Protection / Commodities / Gold and Silver 2017
– Protect Your Savings With Gold: ECB Propose End To Deposit Protection
– New ECB paper proposes ‘covered deposits’ should be replaced to allow for more flexibility
– Fear covered deposits may lead to a run on the banks
– Savers should be reminded that a bank’s word is never its bond and to reduce counterparty exposure
– Physical gold enable savers to stay out of banking system and reduce exposure to bail-ins
Tuesday, November 14, 2017
Gold on the Ledge, Trend Forecast / Commodities / Gold and Silver 2017
This is my favorite time within any Cycle. Mostly because it’s one of three points within an Investor Cycle where the probability of getting it right is as favorable as it will ever be. If played correctly, it’s also the type of setup where your portfolio can be given a significant boost. In this case, I am of course talking about the final Daily Cycle top, where the move down into the Daily and Investor Cycle Lows is often the most powerful and convincing of events.
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Tuesday, November 14, 2017
UK Savers Left Underwhelmed by Base Interest Rate Rise / Personal_Finance / Savings Accounts
Despite the positive move for savers by the Bank of England to increase bank base rate this month, providers seem to have left savers underwhelmed by their unenthusiastic approach to passing on the rise.
There were, however, some encouraging changes during October, as moneyfacts.co.uk recorded 28 individual rate cuts compared to 150 rate rises (including ISAs), with some deals increasing by as much as 0.85%. This means that rises have now outweighed cuts for ten consecutive months. Nevertheless, inflation statistics released today show that the Consumer Price Index has remained at 3.0%. Therefore, savers’ cash is still being eaten away by inflation, as there is not one single standard savings account* that can beat or match 3.0%.
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Tuesday, November 14, 2017
GBP/USD Faces Resistance at 1.3850 / Currencies / British Pound
The GBP/USD continues to press forward with its long-term downtrend but there are still opportunities for bullish currency investors that are looking to capitalize on opportunities at lower levels. After seeing some critical changes in the need for higher interest rates, the Bank of England has quickly started to alter its stance and this is leading to a turnaround in the GBP off of its prior lows.
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Tuesday, November 14, 2017
The Unbearable Slowness Of Fourth Turnings / Politics / US Politics
“The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation and empire. The very survival of the nation will feel at stake. Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War, and twin emergencies of the Great Depression and World War II.” – Strauss & Howe – The Fourth Turning
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Tuesday, November 14, 2017
Silver Sign’s Confirmation & More / Commodities / Gold and Silver 2017
Briefly: In our opinion, full (150% of the regular full position) speculative short positions in gold, silver and mining stocks are justified from the risk/reward perspective at the moment of publishing this alert.
In our previous free analysis we discussed the silver market viewed from the non-USD perspective and we commented on the possibility of seeing a more visible corrective downswing in the USD after it moved closer to the 96 level. In today’s essay, we would like to further elaborate on the white metal – not only because we saw another sign in the non-USD silver price, but also because we would like to reveal a technique that can tell us when the next reversal in silver is likely to take place.
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Tuesday, November 14, 2017
Could This Be The End for Tesla? / Companies / Electric Cars
Tesla, the nifty electric car company, and its larger-than-life founder, Elon Musk, proved something.People around the world will pay gobs of money for very cool electric cars, even if they have limited range and take forever to charge. Americans in particular love new gadgets, and Teslas are the biggest gadgets of all.
Musk and company also proved something else.
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Tuesday, November 14, 2017
Harry Dent’s Fourth Cycle: More Evidence of Stock Market Downturn / Stock-Markets / Stock Market 2017
One of the hardest things I’ve had to stake my name to was the concept of how sunspot cycles ebb and flow about every 10 years and the effect they have on our economy and stock markets…I’ve already got the label of “crackpot,” so giving skeptics more meat to chew on was tough. I did it anyway because I’d done my research (as I always do) and knew that we’ve had major or minor recessions about every 10 years!
They occurred in the early 1960s, early-to-mid 1970s, early 1980s, early 1990s, early 2000s, and between 2008/2009.
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Tuesday, November 14, 2017
Why Having Good Credit Is Important If You Want to Invest / Personal_Finance / Credit Cards & Scoring
There are a million and one ways to acquire wealth but the best way to become financially stable involves making long-term investments. And while you only need initial capital to actually make an investment, most people who think about having a better future also know that credit is important. So, how exactly can having a good credit score be beneficial when it comes to investing? Generally speaking, most people who choose to invest their money in stocks, ETFs, mutual funds, and bonds have a solid plan for their futures. Not only do they engage credit repair services to eliminate negative trade lines and improve their credit scores, they’re also interested in building investments for retirement, becoming homeowners, and balancing their debt to income ratios. If you are looking to build a healthy portfolio and have investments that you can be proud of these are the reasons that credit absolutely counts.
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Monday, November 13, 2017
Has the Stock Market’s Topping Process Begun? / Stock-Markets / Stock Market 2017
In the last update I sent a while back, I was looking for either a top by mid- to late October or the beginning of a topping process into December or January. By the looks of things, it seems that second scenario is unfolding.My co-author on the new book, Zero Hour (out next Tuesday), Andrew Pancholi, also identified the largest ever turn point in his markettimingreport.com newsletter. He pinned that turn point to mid-October.
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Monday, November 13, 2017
The Bitcoin Bubble Explained in 4 Charts / Currencies / Bitcoin
BY JAKE WEBER : Cryptocurrencies have surely been the best-performing asset class of 2017.
The crown jewel of the crypto world Bitcoin has run up over 604% year to date. But that pales in comparison to Ethereum’s 3,562% gain this year.
Naturally, these sorts of monstrous returns in such a short period of time spark heated debate. In fact, many financial pundits and crypto advocates have scrambled to argue whether Bitcoin is a bubble or not.
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Monday, November 13, 2017
How the US Has Secretly Subsidized China to Produce Eco-Unfriendly Solar Panels / Politics / Solar Energy
BY PATRICK WATSON : The US is about to fire another salvo in the international trade war, and this one may actually make sense.
That’s because the US government will, if President Trump approves, help an industry it almost destroyed a few years ago.
And stranger yet, this policy puts the Trump administration and environmentalist groups on the same side.
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Monday, November 13, 2017
The Increasingly Unstable Middle East Must Be On Every Investor’s Radar / Politics / Middle East
While we here in the US were focused on President Trump’s visit to Asia, a powerful drama with vast geopolitical implications played out in Saudi Arabia.
Mohammad bin Salman, the king’s son, is the de facto ruler of the country and has been making increasingly aggressive moves in an attempt to shift Saudi Arabia from its status as an ultraconservative, oil-producing nation to a 21st-century manufacturing superpower.
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Monday, November 13, 2017
Stock Market Critical Supports are Being Challenged / Stock-Markets / Stock Market 2017
SPX futures appear to be challenging the Ending Diagonal trendline near 2575.00 and Short-term support at 2578.41. The decline to the 50-day Moving Average at 2540.61 may be considered underway once those supports are broken. A break of the 50-day Moving Average in European stocks may trigger the same response in US stocks.
ZeroHedge reports, “S&P futures gave up early gains and were trading down -0.2%, as Donald Trump completes his first Asian tour and as pressure mounts on U.K. Prime Minister Theresa May, sending the pound plunging. European stocks fell, tracking many Asian shares as the Nikkei plunge accelerated.
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