Saturday, May 27, 2017
Silver Mining Stocks Fundamentals / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The silver miners’ stocks have been slowly grinding higher this year, but it’s been a volatile ride. This sector’s alternating surges and plunges have spawned outsized swings in sentiment, really distorting investors’ perceptions of the major silver miners. But once a quarter earnings season arrives, revealing their hard fundamental realities which dispel the obscuring sentiment fogs. The silver miners reported a solid Q1.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. These are generally due by 45 days after quarter-ends in the US and Canada. They offer true and clear snapshots of what’s really going on operationally, shattering the misconceptions bred by the ever-shifting winds of sentiment. There’s no silver-miner data that is more highly anticipated than quarterlies.
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Saturday, May 27, 2017
BBC Newsnight Falls for FAKE POLLS, Opinion Pollsters Illusion for Mainstream Media to Sell / Politics / UK General Election
By: Nadeem_Walayat
Apparently the boring election that everyone knew the Tories would win with a landslide is no more, for the Tory's 24 point lead over Labour has not just narrowed but collapsed to just 5% over the course of the past few days (Yougov Con 43%, Labour 38%). Which the BBC's flagship current affairs programme Newsnight made a good job of regurgitating at length. Emily Maitlis did her thing of prancing around the studio as intelligent eye candy so as to hold the attention span of viewers as the talking heads one after another explained the shock narrowing of polls which if it continues could even result in Labour winning the election!
Friday, May 26, 2017
UK Local Election Results Forecast for General Election 2017 / ElectionOracle / UK General Election
By: Nadeem_Walayat
The recent local election results confounded election logic which is that the party in government
tends to do badly at mid-term local elections. Of course we are not living in normal times, we are living in the age of BrExit where most voters realise the fundamental fact that there is only one party that has any chance of ensuring a successful Brexit outcome, the Conservative party and so the voters are intent on putting the country first by delivering Labour a blood bath whilst to all intents and purpose literally KILLING UKIP off in Thursdays vote which saw many Labour and most UKIP voters mark their ballot papers with crosses and ticks against the Conservative candidate.
Friday, May 26, 2017
Stock Market & Crude Oil Forecast! / Stock-Markets / Stock Market 2017
By: Chris_Vermeulen
The SPX hit new highs and will see even higher highs! Goldman Sachs, is the latest bank to publish research, to justify the current high prices of the market and its year-end SPX price target. Goldman argues that the index can head higher to 2580 in this bull market trend.
The current rally continues to climb without a quantifiable pullback!
My proprietary technical model has now confirmed a NEW BUY SIGNAL on the SPX! This is a new signal informing us of the continuation of this rally. President Trump’s pro-business policies, along with soaring business and consumer optimism, is jet fuel for this bull market to continue even higher.
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Friday, May 26, 2017
Shari’ah-Compliant Crypto Gold: Could Islam Be Preparing for a New World Reserve Currency? / Currencies / Bitcoin
By: HAA
Shannara Johnson writes: It all started pretty harmlessly: in December 2016, after about 12 months of deliberations, the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council announced a new “Shari’ah Standard on Gold.”
The new standard was celebrated as a potentially big boost for global gold demand as it would give more than 2 billion Muslims in the world access to gold-based financial products that were previously forbidden to them.
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Friday, May 26, 2017
USDCNH Broke Below 6.8680 Key Support / Currencies / Forex Trading
By: Submissions
Franco Shao writes:After breaking below the lower support trend line of the triangle patter on the daily chart, USDCNH continued to break through the 6.8680 key support, indicating that the bearish movement from the January 3 high of 6.9867 has resumed. Further decline to test the support of the January 5 low of 6.7817 could be seen in a couple of weeks.
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Friday, May 26, 2017
Opinion Pollsters UK General Election Seats Forecasts 2017 / ElectionOracle / UK General Election
By: Nadeem_Walayat
The opinion pollsters are back in force for election 2017, publishing polls on a daily basis that are completely ignorant to the fact that they have gotten virtually every major election very badly wrong for the past 5 years. Where the excuse constantly peddled being that of margins of error, which appear always skewed in the favour of those who commission the polls thus ensuring that the pollsters have gotten the likes of the 2015 General Election, EU Referendum and the US Presidential election very, very badly wrong.
Friday, May 26, 2017
All-Time Closing Highs for the NDX Tek Stocks Index / Stock-Markets / Tech Stocks
By: Harry_Boxer
The stock market indices had gains today, only a late selloff prevented them from all-time highs, but they actually did close at all-time closing highs. The day started out with a big pop to the upside, particularly on the Nasdaq 100 when they went higher in a 5-wave advance. Only at that point, at 5793 did they start to give the Nasdaq 100 a late, 3-wave corrective pullback. It reached 5776, a loss of about 17 points in the last hour. The S&P 500, within 20 minutes of the close, was making a new high at 2418, but did pull back, However, they did close solidly in the green column at the end of the day.
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Friday, May 26, 2017
What Is Chen Buying? Gold, Cobalt, Phosphate and Biotech. . . / Commodities / Gold and Silver 2017
By: The_Gold_Report
With the market in flux, Chen Lin of the popular newsletter What Is Chen Buying?, What Is Chen Selling? is hedging his bets with investments in a variety of companies in different sectors.
The market is taking one step back and two steps forward. The momentum is still carrying the market higher, though the internals started to show signs of weakness. The gold market is, in general, moving opposite to the market. If the market continues to rally, gold will come off. I believe gold will likely be range-bound in the near term, until the traditional gold run in the fall. There may be swing trading opportunities while we are waiting.
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Friday, May 26, 2017
Bitcoin and AltCoins Crypto Price Correction / Currencies / Bitcoin
By: Jeff_Berwick
I don’t know whether I have been uncannily prescient at predicting where the cryptocurrency market is going… or if I am causing all of the things I am predicting.
It’s a serious question. It seems that when I say I expect a cryptocurrency to go higher it immediately spikes massively higher right after.
And, yesterday, I said that a pullback in bitcoin and the altcoins was not only to be expected but was a healthy thing after such a massive run-up.
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Friday, May 26, 2017
Bearish Head and Shoulders in EURUSD? / Currencies / Forex Trading
By: Enda_Glynn
My Bias: short in wave 3 blue.
Wave Structure: downward impulse wave 1, 2 blue
Long term wave count: lower in wave 3 blue
Important risk events: EUR: N/A. USD: G7 Meetings, Core Durable Goods Orders m/m.
Friday, May 26, 2017
SELL US Stocks - Massive Market CRASH WARNING! / Stock-Markets / Stock Market Crash
By: John_Mauldin
By Stephen McBride : “I’m telling you right now, the US is going to have a crash and it will be massive,” asserted Mark Yusko at Mauldin Economics’ Strategic Investment Conference.
In his keynote speech, Mark Yusko, CIO of Morgan Creek Capital Management, outlined where he sees the biggest opportunities and risks for investors are today.
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Friday, May 26, 2017
EURGBP: A Picture of Elliott Wave Precision / Currencies / Euro
By: EWI
The euro's recent surge to two-month highs against the pound fit its Elliott wave blueprint beautifully
Let's assume financial markets are driven by news events. Negative news items cause prices to fall, while positive items fuel rallies. Easy enough, right?
Not exactly. See, there are several problems with this premise, most of all this: Investors' interpretation of the news is constantly changing. To use those events as a gauge of future price action is like trying to shoot a straight arrow in the middle of a tornado.
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Friday, May 26, 2017
Credit Downgrades May Prompt Stock Market Capital Shift / Stock-Markets / Stock Market 2017
By: Chris_Vermeulen
Recent news regarding Moody’s credit downgrades in China will likely continue to roil the global markets and present multiple unique opportunities for strategic investors. As debt concerns grow throughout some areas of Asia and new US policy efforts shake up some common perceptions, a shift in capital is likely to occur over the next few months.
Today, I read about massive layoffs in India’s technology sector as a reaction to decreasing engagement of foreign IT services/support is a result of President Trump’s policies. When we take this news in combination with Moody’s credit downgrades for China and the fact that almost all of South East Asia is interconnected in terms of economy and trade, we begin to see a picture that is fairly clear in terms of transitional economic shifts.
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Thursday, May 25, 2017
Rosenstein and Mueller: the Regime Change Tag-Team / Politics / US Politics
By: Mike_Whitney
Let’s say you own a big US corporation but need help managing your domestic accounts. So you hire a bright, young man named Bruno who just graduated from Harvard Business School with a Masters in corporate finance. And the first day on the job, you discover that Bruno has secretly employed a private detective who has obtained subpoena power to dig through all of your business accounts, all your investments past and present, all your taxes going back decades, and any personal transactions you might have made in the last 20 years or so. And, oh yeah, and he also has the authority to interview anyone he chooses, including people who might have a grudge against you or who lost money on one of your dodgy real estate deals or who simply doesn’t like the way you comb your hair. And, of course, Bruno knows that the information he gathers is going to be deliberately tweaked to look as suspicious as possible, then it’s going to be leaked to the press and splashed across the headlines, then it’s going to be presented as evidence to a Grand Jury, and then, finally– after months of excruciating testimony and nonstop mud-slinging– it will be used in criminal proceedings that will lead your removal as CEO of your corporation.
Thursday, May 25, 2017
Tackling Higher US Healthcare Costs / Personal_Finance / Healthcare Sector
By: Rodney_Johnson
In 2015, I thought my healthcare renewal statement was wrong.The premium for my shrinking family of three (two adults and one child) was increasing by more than 30%, to $1,454 per month. My earnings place me out of the subsidy bracket, so these are real dollars out of our budget.
There were plenty of insurance companies to choose from. Shrinking availability was not a problem. It was just breathtakingly expensive.
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Thursday, May 25, 2017
What the Commodity Cycle Means for Precious Metals Prices / Commodities / Gold and Silver 2017
By: MoneyMetals
The cycle for any commodity follows the same basic pattern…
When prices are low, production falls. As new supplies diminish, the market tightens and prices move higher. The higher prices incentivize producers to invest in production capacity and increase output. Eventually, the market becomes oversupplied, prices fall, and the cycle starts all over again.
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Thursday, May 25, 2017
Debt Mile Markers on the Road to Ruin / Stock-Markets / Global Debt Crisis 2017
By: DeviantInvestor
We know much is currently wrong with our financial world, as discussed in the James Rickards book “The Road to Ruin” and elsewhere.
- The official U.S. government debt is nearly $20 trillion. Unfunded liabilities are 5 – 10 times larger. Debt has doubled every 8 – 9 years for decades – since the Federal Reserve was put in charge of devaluing the dollar. Debt will continue to grow, obviously out of control.
- Millions of Americans are out of work, regardless of the official statistics.
- Prices increase, some rapidly, regardless of the official statistics on consumer price inflation.
- More government spending and debt are looming on the horizon. New and escalating wars are likely. Expect more deficits, debt, and inflation.
- The U.S. stock market is selling at all-time highs, levitated by “easy money” and unsupported by fundamentals or breadth.
Thursday, May 25, 2017
Stock Market Top - Are We There Yet? / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
SPX futures are at new highs this morning. This appears to be Wave (v) of [v] of 5…the final push.
Potential targets are as follows:
Wave 5 equals Wave 1 at 2408.83.
Wave [v] equals Wave [i] at 2413.85.
The 2-hour Cycle Top is at 2411.05.
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Thursday, May 25, 2017
Should I Invest My Fortune in Gold? Inaugural Lecture by Dr Brian Lucey / Commodities / Gold and Silver 2017
By: GoldCore
PRESENTATION HIGHLIGHTS
– Should I invest my fortune in gold?
– Lessons from gold and silver: Reviewing the research
– What precious metals can tell us about finance?
– What are precious metals and why should we care?
– What size of market and how evolved over time?
– Long and detailed history of gold and silver as money
– What does a tonne of gold look like?