Friday, October 13, 2017
US Dollar Outlook and What it Means for Gold / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
The US Dollar Index (USDI) bottomed in September a hair below 91.00 and has recently rallied up to 94. We were skeptical Gold would break its 2016 highs as it failed to show strong performance in the wake of the USDI’s decline to new lows. The market was discounting a coming rebound in the USDI and/or future weakness in Gold. In any event, although the USDI broke key levels which leave its bull market in question, it became quite oversold and was due for a sustained rebound.
Friday, October 13, 2017
Bitcoin Hits New All-Time High Above $5,000 As Lagarde Concedes Defeat and Jamie Demon Shuts Up / Currencies / Bitcoin
By: Jeff_Berwick
Bitcoin has just soared through $5,000 USD for the first time ever topping its old high of $4,950.72 on September 1st.
Friday, October 13, 2017
Golden Age for GOLD, Dark Age for the Stock Market / Commodities / Gold and Silver 2017
By: Enda_Glynn
I read that Christine Lagarde was out warning the world about the inherent risks in the global economy today.
It is all the more comical because she tempered her statement,
By saying that 2017 was on track to be the best year of the decade so far.
Well of course it is!
2007 was the best year of the decade before the last collapse happened.
1999 was a fantastic year before the dotcom bubble burst.
And I hear that 1928 was a stellar year, choc full of good news and great achievement!
Friday, October 13, 2017
New Record High on Bitcoin! Where to Next? / Currencies / Bitcoin
By: MarketsToday
Summary
Strong bullish trend continuation signal
Several, likely temporary initial targets derived from multiple Fibonacci measurements
Watch for temporary retracements for new opportunity to enter
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Friday, October 13, 2017
It Would Take A 50% Hike in Income Tax to Fund Current US Budget Deficit / Interest-Rates / US Debt
By: John_Mauldin
The projected total US debt will be $30 trillion within 10 years, using the CBO’s own numbers. But the CBO also makes the rosy assumptions that there will be no recessions and that GDP will grow at a 4% nominal rate.
Now, that’s possible; I'm inclined to haircut it a bit.
If you asked me to bet the “over/under” on the debt in 2027, I would bet the over at $35 trillion.
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Friday, October 13, 2017
World Stock Market Indices Have Much More Upside / Stock-Markets / Global Stock Markets
By: ElliottWave-Forecast
The Hang Seng Stock Index is a free float, adjusted market capitalization, weighted stock Market Index in Hong Kong. The Index records and monitors daily changes of the largest companies of the Hong Kong Stock Market. It is the main indicator of the overall market performance in Hong Kong. These 50 constituent companies represent about 58% of the capitalization of the Hong Kong Stock Exchange. At Elliottwave-Forecast, we have been tracking the Index sequences together with the FTSE 100 (The Financial Times Stock Exchange 100 Index). FTSE 100 is the share Index of the 100 companies listed on the London Stock exchange with higher market capitalisation.
Friday, October 13, 2017
Stock Market Excitement Builds As The Dow Reaches For The Sky / Stock-Markets / Stock Market 2017
By: Submissions
By Mike Golembesky : The Dow Jones Industrial Average continued to move higher, having only one red close since the low that was struck on September 26th. Furthermore, the Dow has now broken through a key longer-term Fibonacci resistance level that we had been watching for quite some time at the 22,707 level.
So although the Dow is quite stretched at current levels, the pattern still does look incomplete, thus leaving us with no solid signal of a top being in place just yet.
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Friday, October 13, 2017
The Struggle for Bolivia Is About to Begin / Politics / Emerging Markets
By: Dan_Steinbock
While middle class Bolivians are demonstrating against the incumbent president’s bid to extend term limits, the country is thriving after a decade of progress under Evo Morales. Recently, thousands of Bolivians took part in protests in San Francisco square in La Paz demonstrating against President Evo Morales’ bid to extend term limits.
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Friday, October 13, 2017
3 Reasons to Take Your Invoicing Process Mobile / Companies / SME
By: Submissions
Mara J writes: Are you a small business individual, an entrepreneur, freelancer, or all of the above?
Is cutting costs a priority for you? And not just costs meaning money, but the time spent on something as well?
Do you dislike being tied to your desk or find that by the time you get back to your workstation you might have forgotten a few details to include in the report or invoice?
If you answered yes to any or all these questions it’s time to take your billing (as well as other business matters) mobile! You probably have many apps that help with your business needs, but have your thought of invoicing?
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Friday, October 13, 2017
What Happens When Amey Fells All of a Streets Trees (Sheffield Tree Fellings) - Video / Local / Sheffield
By: Anika_Walayat
Once Upon a Time there was a Street Full of Tree's, then Amey Came! This is a story of what happened to 1 street that was purged by the Labour Sheffield City Council's PFI contractor Amey of all of its trees. That illustrates what is happening across the city to hundreds of Sheffield's biggest trees that soak up vehicle pollution and releasing oxygen into the streets, which is why they were planted in the first place typically over a 100 years ago to help clean up Sheffield's toxic air environment of that time which given the volume of traffic remains just as toxic now as it was then.
Thursday, October 12, 2017
Tesla - Can A Company Be Great And A Great Short? / Companies / Electric Cars
By: John_Rubino
One of the fascinating things about financial bubbles is how they transform great companies into screaming short sale candidates. Put another way, bear markets tend to throw even the prettiest babies out with the bathwater.
Here, for instance, is what happened to Cisco Systems, the dominant maker of networking gear (the devices that run the Internet) when the 1990s tech stock bubble burst, bankrupting many of its customers and causing its earnings to miss expectations. Its stock fell by more than three-fourths and those who had bought it during the previous year’s euphoria got hosed.
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Thursday, October 12, 2017
Stock Market Charts Show Smart Money And Dumb Money Are Moving In Opposite Directions—Here’s Why / Stock-Markets / Stock Market 2017
By: John_Mauldin
BY STEPHEN MCBRIDE : While all seems calm in the markets, with stocks continuing to hit all-time highs, an interesting trend has emerged underneath the surface.
Combing through the latest Commitments of Traders report from the CFTC, we found that commercial traders (“smart money”) have a record number of short positions in the Dow Jones (DJIA).
At the same time, noncommercial traders (“dumb money”) have a record number of long positions.
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Thursday, October 12, 2017
Why We’ll See A Wave Of Failed Smart-Beta ETFs In The Next 2–3 Years / Companies / Exchange Traded Funds
By: John_Mauldin
BY JARED DILLIAN : My first encounter with a smart beta ETF was a WisdomTree product over ten years ago.
WisdomTree uses index weighting methods other than market capitalization for its ETFs. This one in particular was weighted by earnings or dividends—I can’t remember.
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Thursday, October 12, 2017
Your Pension Is a Lie: There’s $210 Trillion of Liabilities Our Government Can’t Fulfill / Politics / Pensions & Retirement
By: John_Mauldin
In the US, we have two national programs to care for the elderly. Social Security provides a small pension, and Medicare covers medical expenses. All workers pay taxes that supposedly fund the benefits we may someday receive.
The problem is that's not actually true. Neither of these programs is comprehensive.
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Thursday, October 12, 2017
DJ Commodity Index is Supporting Higher GOLD / Commodities / Gold and Silver 2017
By: ElliottWave-Forecast
The Dow Jones Commodity Index is a broad measure of the commodity futures market that emphasizes diversification and liquidity through a equal-weighted approach. It doesn’t allow any sector to make up more than 33% of its portfolio or any single commodity to make up more than 15%.
Thursday, October 12, 2017
Two Highly Recommended Books from Bob Prechter / InvestorEducation / Trader Psychology
By: EWI
Hello,
Bob Prechter's two new socionomics books showcase one of the most exciting disciplines in the social sciences today. Social mood undergirds the entire Elliott wave forecasting model, and I can't recommend these books more as an intro to how mood works throughout society. Here's a short note from Bob about the books and a special offer:
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Wednesday, October 11, 2017
Samsung Smartphone Galaxy Gear VR Headset Unboxing and First Use - What to Expect / Personal_Finance / Virtual Reality
By: HGR
Samsung with their series of Gear VR headsets, typically for under £60, have made VR affordable to anyone with a high end Samsung smartphone. The key thing is the ease of use, just slot the phone into the headset and after a quick automated software install the user is immediately immersed in a surprisingly high resolution VR world.
So here is what to expect on unboxing and first use of the Samsung VR Gear headset with your galaxy smartphone as there are pitfalls to watch out for which could have you scratching your heads!
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Wednesday, October 11, 2017
Young Guns of Gold Podcast – ‘The Everything Bubble’ / Commodities / Gold and Silver 2017
By: GoldCore
– Young Guns of Gold Podcast – ‘The Everything Bubble’
– Precious Metal Roundtable discuss gold in 2017 and outlook
– Gold +9.1% year to date; Performing well given Fed raising rates, lack of volatility and surge in stock markets
– “People are expecting too much from gold”
– Economy: Inflation indicators, recession on the horizon, global debt issues
– Global demand: ETF inflows, Russia central bank purchases, Germany investment figures and international coin demand bode well for gold
Wednesday, October 11, 2017
EURJPY Stays Above Ascending Trend Line / Currencies / Euro
By: Franco_Shao
EURJPY stays above an ascending trend line on its daily chart, indicating that the price remains in the uptrend from 114.85. As long as the trend line support holds, the upside movement could be expected continue.
Wednesday, October 11, 2017
Oil Breaking Out, But the Money Is Elsewhere, Lithium / Commodities / Lithium
By: The_Energy_Report
Tom Beck, founder of Portfolio Wealth Global, discusses the energy sector and highlights one commodity that he says appreciates when oil becomes overpriced.
One resource industry dwarfs the rest of them put together: energy.
The mega-shift of the 21st century is urbanization. For the first time in human history, more people live in cities than in rural areas. The consequences of this pivotal moment are attracting billionaire moguls across the globe, and they are all looking for a profit center to attach themselves to.
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