Wednesday, June 07, 2017

Gold Price Breakout? / Commodities / Gold and Silver 2017

By: Gary_Savage

Gold actually broke its bear market trend line last year. There was never any doubt that a new bull market had begun.

Wednesday, June 07, 2017

Gold Price Is Facing 1295.44 Resistance / Commodities / Gold and Silver 2017

By: Enda_Glynn

After touching the ascending trend line from the January 27 low of 1180.51 to the March 10 low of 1194.94 on its daily chart, XAUUSD rebounded strongly from 1214.17 and the pair is now facing 1295.44 resistance.

Wednesday, June 07, 2017

Bitcoin Hits New All Time High Near $3,000 As Cryptos Surpass $100 Billion Market Cap / Currencies / Bitcoin

By: Jeff_Berwick

Are we witnessing the biggest wealth transfer in human history? A case can certainly be made for it.

One year ago, cryptocurrencies as a sector had a market capitalization of only $11 billion. Looking back even further, four years ago, the entire sector including bitcoin had a market capitalization of less than $1 billion.

As of today, it has surpassed $100 billion.

Wednesday, June 07, 2017

Gold Price Rallies / Commodities / Gold and Silver 2017

By: Anthony_Cherniawski

Gold futures have risen to 1298.65 thus far today. I have redrawn the chart to show a probable Broadening Wedge that may allow gold to rally to the Cycle Top at 1335.49. However, I would approach this projection with care, since today Wave 5 has reached equality with Wave 1 and the Cycles Model shows peak strength today, as well. The Broadening Wedge does not require the final rally to touch the upper trendline. Despite all this, should there be a flash crash in equities, gold may still rally higher.

Wednesday, June 07, 2017

Bitcoin Price Appreciates Again / Currencies / Bitcoin

By: Mike_McAra

Bitcoin is creeping into the mainstream press. Last week, the digital currency was in the center of an article  in the Economist. In the article, we read:

Markets frequently froth and bubble, but the boom in bitcoin, a digital currency, is extraordinary. Although its price is down from an all-time high of $2,420 on May 24th, it has more than doubled in just two months. Anyone clever or lucky enough to have bought $1,000 of bitcoins in July 2010, when the price stood at $0.05, would now have a stash worth $46m. Other cryptocurrencies have soared, too, giving them a collective market value of about $80bn.

Wednesday, June 07, 2017

UK General Election 2017 Forecast: Conservative 358, Labour 212 Seats / ElectionOracle / UK General Election

By: Nadeem_Walayat

My recent video analysis concluded in seats per political parties forecast conclusion for Theresa May's snap BrExit general election, based up on the sum of 6 weeks analysis that is set against the opinion pollsters who are literally all over the place with YouGov even today forecasting 304 seats for the Tories whilst others range to as high as 385 seats.

Wednesday, June 07, 2017

UK Thin Blue Police Line - Those Were the May Days / Politics / UK Politics

By: Raul_I_Meijer

Is it sheer hubris, or is it just incompetence? It’s a question often asked when it comes to politics. And regularly, the answer is both. Still, what the ruling British political class has put on display recently seems to exist in a category all its own. Less than a year go, then-PM David Cameron lost the Brexit referendum that he called himself and was dead sure he would win by a landslide.

His successor Theresa May, Cameron’s Home Secretary and a staunch Remain advocate, lost the Brexit vote as much as her PM did, but stayed on, was promoted, and acted for 11 months like Downing Street 10 was hers by Divine Decree. Then she did the exact same thing Cameron did: she looked at polling numbers and decided to go for the jugular: more power through a snap vote.

Wednesday, June 07, 2017

Why Airlines Are The Next Big Trade / Companies / Sector Analysis

By: John_Mauldin

BY JARED DILLIAN : I’m a longtime airline bull, going all the way back to 2012–2013—long before it was trendy.

I liked airlines because everyone hated them. Especially Warren Buffett, who once said that someone should have shot Orville and Wilbur out of the sky. He now owns the stocks.

A pilot wrote a great article in The New York Times saying that the conventional wisdom about airlines (which is that they suck) is all wrong.

Wednesday, June 07, 2017

Here’s A Closer Look At North Korea’s Artillery Capabilities / Politics / North Korea

By: John_Mauldin

By Geopolitical Futures : As Pyongyang, Washington, and other regional players prepare for the prospect of war, North Korea’s nuclear program and ballistic missile capabilities have received undue amounts of attention. Important though they may be, they have less bearing on how the war will be fought than does North Korea’s conventional military.

Eliminating Pyongyang’s nuclear capabilities would be the first objective in a war, and indeed the justification for an attack. The second objective would be to protect South Korea from North Korean retaliation.

Wednesday, June 07, 2017

Nick Clegg's Desperate Election 2017 Message to Sheffield Hallam Voters / ElectionOracle / Sheffield

By: N_Walayat

Nick Clegg attempting to cling on to to his Sheffield Hallam seat has sent a desperate personal message to many Sheffield Hallam voters, highlighting all of the campaigning he has done in the area in respect of local schools and Sheffield Trees being chopped down. Though given what has subsequent come to pass then the campaigning has proved to be mostly ineffectual. Anyway here is Nick Clegg's message to the voters of Sheffield Hallam, a tight election race which Nick Clegg barely leads Labour by 4%.

Tuesday, June 06, 2017

UK General Election 2017 Spread Betting Arbitrage to Lock in Risk Less Profits! / ElectionOracle / Spread Betting

By: Nadeem_Walayat

With the opinion polls all over the as illustrated by the pollster based Conservative Party seats forecasts wide range from 304 (YouGov) to 380 . The spread betting markets are throwing up a disparate range of possibilities to arbitrage between the different quotes across a range of spread bet market makers.

Tuesday, June 06, 2017

Tips for Choosing the Best Credit Card / Personal_Finance / Credit Cards & Scoring

By: Boris_Dzhingarov

When the time comes to get a credit card, you’ll have to take a moment to research your available options. Having a card certainly has its privileges. You’ll never need to worry about walking around with lots of cash in your pocket again. Plus, you get to experience an added sense of security by having access to cash and credit at a moment’s notice.

Tuesday, June 06, 2017

US Interest Rate Curve Inversion and Chaos to Begin by December 2017 / Interest-Rates / US Interest Rates

By: Michael_Pento

The bounce in Treasury yields witnessed after the election of Donald Trump is now decaying in the D.C. swamp. If the Fed continues to ignore this slow growth and deflationary signal from the bond market and continues along its current rate hiking path, the yield curve will invert by the end of this year and an equity market plunge and a recession is sure to follow.

An inverted yield curve, which has correctly predicted the last seven recessions going back to the late 1960’s, occurs when short-term interest rates yield more than longer-term rates. Why is an inverted yield curve so crucial in determining the direction of markets and the economy? Because when bank assets (longer-duration loans) generate less income than bank liabilities (short-term deposits), the incentive to make new loans dries up along with the money supply. And when asset bubbles are starved of that monetary fuel they burst. The severity of the recession depends on the intensity of the asset bubbles in existence prior to the inversion.

Tuesday, June 06, 2017

Government Insolvency Gets Harder to Ignore / Interest-Rates / US Debt

By: MoneyMetals

Several U.S. states and the federal government are hopelessly insolvent. It’s something many bullion investors have known for years.

The real question is when this reality will pierce the mainstream illusion that deficits, and the crushing pile of debt which accompany them, don’t matter. That moment drew closer last week when ratings agencies downgraded Illinois state bonds to one notch above “junk” status.

Tuesday, June 06, 2017

Euro-zone Crisis - Deposit Bail In Risk as Spanish Bank’s Stocks Crash / Stock-Markets / Financial Crisis 2017

By: GoldCore

– Deposit bail in risk as stocks and bonds of Spanish bank –  Banco Popular – crash

– Banco Popular stock crashes most on record – down 63% this year to 34 euro cents

– Spanish bank tells employees – “Don’t panic”

Tuesday, June 06, 2017

Fee-free 0% Balance Transfer Credit Cards For Shifting Debt / Personal_Finance / Credit Cards & Scoring

By: MoneyFacts

Consumers with unsecured personal debt may opt for a balance transfer credit card to spread their repayments. However, the longest interest-free deal might not be the most cost-effective, as these interest-free cards usually charge a fee each time you switch. Luckily, not all cards apply such a fee.

Tuesday, June 06, 2017

Big Changes at Bilderberg This Year… A Good or Bad Sign? / Stock-Markets / Financial Markets 2017

By: Jeff_Berwick

I have just returned from my 3rd Bilderberg conference and… wow, that was different!

The first Bilderberg I attended was in 2015 in Telfs, Austria and the entire town was turned into a military zone. You couldn’t walk five feet without out seeing a police van, humvee, tanks and black helicopters. And, we were tracked, detained and searched constantly.

Last year was in Dresden, Germany and while they did not shut down the entire town, the area surrounding the Bilderberg hotel was clearly a militarized zone and we really couldn’t walk a block without being stopped, searched, photographed and threatened by the police. They even searched our room while telling us when no cameras were near that they were going to physically hurt us.

Tuesday, June 06, 2017

Sheffield Election 2017 Battles - Hallam Clegg, Blomfield Central, Trees and Greens / ElectionOracle / Sheffield

By: N_Walayat

The unfolding Sheffield election battles are centered around whether the current 4 or 5 Labour MP's (is Penistone a Sheffield constituency?) or the former Lib Dem Leader retain their seats. So could Labour being 10% or so behind the Tories result in the feared landslide election victory for Theresa May in the BrExit election include Labour losing a seat? For the Sheffield City council's £2 billion deal with Ferrovial family owned Ame, effectively outsourcing local democracy to a multi-national could be the straw that breaks the voting camels back delivering Sheffield Labour a SHOCK election RESULT!

Tuesday, June 06, 2017

Liberals are losing their War of Terror on America / Politics / War on Terror

By: BATR

What do the latest London radical Islamic terrorist attacks have in common with the liberal/progressive anti-American cultural assault that has gone into extreme hyper drive with the election of Donald Trump as President? Only an apologist for the "politically correct" cancer that has infected Western Civilization would deny that allowing Wahhabism to infiltrate Europe and the US, while establishing the growing practices of Sharia law, is suicidal. Yet you will seldom see or read any criticism of the demonic Talmudic pedagogies and practices  that have corrupted and perverted any moral claim that the loony left would make. Both factions are engaged in political Armageddon, based upon a false and demented orthodoxy. They profess submission. The Wahhabi-Salafis to Allah the other acceptance of a Halakhah distortion that justifies their professed superiority.

Tuesday, June 06, 2017

Stocks or Precious Metals, Which Makes More Sense to Invest in Now? / Stock-Markets / Financial Markets 2017

By: Peter_Ginelli

"Buy low, sell high," is the most fundamental principal of a great investment strategy in any sector. A deviation from this core principal can be truly costly and downright dangerous. 

One might wonder, why state something so obvious as that! This is because many investors wait till it is too late, and a market is in its final stages of a bull market before they finally convince themselves to get in, and by then they are sitting on a ticking time bomb, ready to explode. 

The flip side of this, are the investors who let greed keep them trapped in an aged bull market and wait till it is too late before a crash wipes out their entire life savings.