Saturday, August 26, 2017
China’s Strategy for the Global Economy / Economics / China Economy
By: Rodney_Johnson
In the fall of 1993, I was sitting in class in grad school. We were using case studies to explore business management decisions. My professor walked through the history of Otis Elevators, noting that the company had reached market saturation and had choices to make.I was sort of paying attention… sort of not.
Read full article... Read full article...
Saturday, August 26, 2017
Gold Junior Stocks Q2 2017 Fundamentals / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The junior gold miners’ stocks have spent months grinding sideways near lows, sapping confidence and breeding widespread bearishness. The entire precious-metals sector has been left for dead, eclipsed by the dazzling Trumphoria stock-market rally. But traders need to keep their eyes on the fundamental ball so herd sentiment doesn’t mislead them. The juniors recently reported Q2 earnings, and enjoyed strong results.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, some companies still partially report quarterly.
Read full article... Read full article...
Saturday, August 26, 2017
GCSE Exam Results 2017, Top Marks at Silverdale School, Sheffield / Politics / Education
By: Nadeem_Walayat
It was GCSE exam results day on Thursday when Britain's 16 year olds found out if they achieved their expected GCSE grades allowing them to move up the education ladder to A Levels and vocational training on the path towards saddling themselves with £60,000 of student debt at University, but for most that's still 2 years away.
Friday, August 25, 2017
Here’s What Matters And What Doesn’t Matter In The Markets Right Now / Stock-Markets / Financial Markets 2017
By: John_Mauldin
In this week’s Outside the Box, good friend and at various times business partner Steve Blumenthal reveals a very useful character flaw and follows up our shared experience at Camp Kotok with some perceptive observations about things he heard there that matter.
He also shares his notes on a recent interview of Ray Dalio by Bloomberg’s Tom Keene and Mike McKee. Here, he says, is the stuff that matters most!
I really liked the theme he developed about matters and does not matter. When he writes the line, “As I sift through research, my head clicks doesn’t matter, doesn’t matter… matters!” I find myself nodding in agreement. Exactly!
Read full article... Read full article...
Friday, August 25, 2017
The Truth About Bundesbank Repatriation of Gold From U.S. / Commodities / Gold and Silver 2017
By: GoldCore
– Bundesbank has completed a transfer of gold worth €24B from France and U.S.
– Germany has completed domestic gold storage plan 3 years ahead of schedule
– In the €7.7 million plan, 54,000 gold bars were shipped and audited
– In 2012 German court called for inspection of Germany’s foreign gold holdings
Friday, August 25, 2017
Will the Fuel Cells Vehicles Save Platinum and Palladium? / Commodities / Platinum
By: Arkadiusz_Sieron
Although everyone agrees that the electric revolution is looming, there is no consensus about the pace and the detailed form of the upcoming shifts in the automotive industry. In particular, some miners and analysts believe that fuel cell cars will spur or at least support the demand for platinum and palladium. For example, the world’s three largest platinum producers (Anglo American Platinum, Impala Platinum and Lonmin) invested in projects related to fuel cell technologies. Indeed, the white metal is used in catalysts in fuel cells vehicles, where power comes from combining hydrogen and oxygen over a platinum catalyst. The game is definitely worth the candle: today’s fuel cell cars need a full ounce of platinum versus a 2-4 grams PGM loading for the average gasoline or diesel vehicle.
Read full article... Read full article...
Friday, August 25, 2017
Gold Price Is Forming Triangle Pattern / Commodities / Gold and Silver 2017
By: Franco_Shao
After touching 1.3000 important psychological level, XAUUSD pulled back from 1300.82 and formed a triangle pattern on its 4-hour chart. The triangle pattern is likely consolidation of the uptrend from 1204.77, another rise could be expected after the consolidation.
Friday, August 25, 2017
Are Precious Metals About To Go Parabolic? / Commodities / Gold and Silver 2017
By: Avi_Gilburt
With the metals providing us with the pullback we were expecting in our report last weekend (Aug 12-13), they continued to push higher from that pullback. Moreover, the structure continues to look quite bullish. However, the only question the market has yet to answer is if we see one more drop before the parabolic rally commences, or if we simply begin to rally strongly from here.
Read full article... Read full article...
Friday, August 25, 2017
Gold versus Bitcoin BTC / Commodities / Gold and Silver 2017
By: SurfCity
I don’t want to start a religious war here but clearly in 2017, BitCoin has vastly outperformed Gold as my first chart shows. I am still very positive that Gold and the PM sector will have its time in the sun again, but GBTC has given me another asset to trade while Gold and PMs have largely consolidated sideways for most of the year.
That said, the move in BitCoin appears to me to be in Wave 5 of an Elliott Wave pattern which will lead to a major top. Once it tops, according to Mr. Elliott, we will very likely see an ABC correction which will move price much lower than most expect. That is what is needed to re-set investor sentiment to bearish so the next leg up can begin. My second chart on GBTC shows the Wave 3 and 5 Parabola’s on the chart. These never end well but I will be doing my best to squeeze as much out of this Wave 5 move as I can.
Read full article... Read full article...
Friday, August 25, 2017
Crude Oil – Declining Inventories vs. Climbing Production / Commodities / Crude Oil
By: Nadia_Simmons
On Wednesday, light crude gained 1.21% after the EIA weekly report showed declines in crude oil and gasoline inventories. As a result, the black gold came back above the lower border of the trend channel, but can we trust this increase?
Friday, August 25, 2017
Grant Williams: History Is About to Repeat Itself Again… and It Might Get Ugly / Commodities / Gold and Silver 2017
By: HAA
Shannara Johnson writes: Grant Williams believes that the 76 million retiring Baby Boomers will trigger a major pension crisis. He should know, because he’s been studying financial history and telltale crisis patterns for nearly two decades.
“With that potentially bad situation we could face,” the seasoned asset manager and co-founder of Real Vision TV said in a recent Metal Masters interview, “holding physical metal, somewhere safe, somewhere outside the banking system, is just a sensible precaution to take.”
Read full article... Read full article...
Friday, August 25, 2017
What Financial Conditions Tell Us (Two Charts and a Prediction) / Stock-Markets / Stock Market 2017
By: F_F_Wiley
It seems every bank, including central banks, publishes a financial conditions index these days. And because financial conditions typically lead the economy, it makes sense to track them. In fact, they might contain even more information than they get credit for. They might offer the elusive “crystal ball” that foretells our economic fortunes.
Friday, August 25, 2017
4 Charts Show Why You Should Run Away From The Stock Market S&P 500 / Stock-Markets / Stock Market 2017
By: John_Mauldin
BY JOHN MAULDIN : My friend James Montier, now at GMO, and his associate Matt Kadnar have written a compelling piece on why passive investors should avoid the S&P 500.
Their essay argues that the forward growth potential of the S&P 500 is significantly lower than that of other opportunities, especially emerging markets.
Let’s look at a few of their charts.
Read full article... Read full article...
Thursday, August 24, 2017
New Eastern Energy Cartel Replacement To The Dead Petro-Dollar / Currencies / US Dollar
By: Jim_Willie_CB
The Petro-Dollar is dead. It had served so well for over 40 years in maintaining the USDollar as global currency reserve, while keeping tight the controls on geopolitical power. The link between crude oil and the USDollar has been broken, painfully evident since 2016 with a harsh price decline that cannot rise about the $50 level. It remains stuck below that level despite heavy collusion in a demonstration that OPEC is dead defunct also. A void has been created in the energy sector, a most important sector. Enter Russia & China to fill the void. Both the crude oil market and the natural gas market have new alliances which feature nations acting in a cooperative manner. The common element is Russia on the production side, complete with pipeline arrays.
Thursday, August 24, 2017
Cyberwar Risk - Was U.S. Navy Warship Victim Of Hacking? / Politics / Cyber War
By: GoldCore
– U.S. Navy collisions: More than a coincidence?
– Latest U.S. Navy collision is fourth involving a Seventh Fleet warship this year
– Have US Navy vessels become victims of hacking asks Rickards
– Chief of Naval Operations, Adm. John Richardson, has not ruled out cyber intrusion
– “Once is happenstance. Twice is coincidence. The third time it’s enemy action…” – Ian Fleming
Thursday, August 24, 2017
GCSE Exam Results 2017 School SHOCK - Video / Personal_Finance / Education
By: N_Walayat
Here is a taste of what it was like for Britain's 16 year olds on GCSE exam results day. Off early to school but not too early to avoid the first mad dash to collect the exam results. Find out if this 16 year old, one of 600,000 today was in for a shock result, good or bad, find out in this video.
Thursday, August 24, 2017
The Next Oil Price Spike May Cripple The Industry / Commodities / Crude Oil
By: OilPrice_Com
Two diametrically opposed views dominate the current debate about where the oil price is heading. On the one hand, there is the view that the price of oil will be "lower for longer", or even "lower forever", as the electrification of transport will eat away at oil demand more and more while, at the same time, technological innovation (shale in particular) will greatly increase economically recoverable resources. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields, development of greenfields, and exploration for new resources.
Thursday, August 24, 2017
USDCHF Is Waiting For Breakout / Currencies / Forex Trading
By: Franco_Shao
USDCHF moved sideways in a trading range between 0.9583 and 0.9772 on the 4-hour chart for several weeks. All we can do is wait for the breakout to occur.
Thursday, August 24, 2017
Conspiracy Theorists Can Relax! Steve Mnuchin Peers Through Ft. Knox Window And Confirms Gold Is Still There! / Commodities / Gold and Silver 2017
By: Jeff_Berwick
Imagine it was 1937 and you stored your gold with someone… let’s call them Uncle Sam.
After about 20 years you told Sam that you’d like to see the gold and make sure it was still there. He said sure; you can come and take a quick look. And you did… and you were satisfied that it looked like the gold was still there.
Decades then went by… more than 40 years in fact… and you told Sam that you’d like to make sure the gold is still there.
Read full article... Read full article...
Thursday, August 24, 2017
Trump’s Fall - The Eclipse of the Presidency? / Politics / US Politics
By: Dan_Steinbock
As violent demonstrations linger domestically and nuclear risks loom abroad, the White House has flamed new domestic divisions, while paving the way for international trade wars. The coming fall will be the hottest - and potentially most violent - in decades in America. America is amid a great unease. While Charlottesville’s white supremacists and violent riots brought forward old race divisions and seemingly new hate groups, North Korea’s nuclear threats prevail.
In the fall, the White House and the Congress must also cope with a set of political time bombs, including the impending fight for the nation’s debt ceiling (US debt amounts to $20 trillion, or 105% of GDP), the 2018 federal budget, polarizing tax reforms, infrastructure spending and possibly another effort to overthrow Obamacare (i.e., The Patient Protection and Affordable Care Act, ACA).
Read full article... Read full article...