Tuesday, March 07, 2017
Bitcoin Important Price Action to Be Seen / Currencies / Bitcoin
In short: no speculative positions.
Bitcoin is making its way into mainstream press. In an article on the CNBC website, we read:
Digital currency advocates had plenty to crow about last week when bitcoin's price overtook gold.
The event signaled a potentially important moment point for bitcoin, which is generally seen as asset that stores wealth. Bitcoin has gained more than 60 percent in price since mid-January.
Tuesday, March 07, 2017
Fake Gold Coins Warning - “Pure” Gold Coins that are Gold Plated, Collectibles and eBay / Commodities / Gold and Silver 2017
Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated (Part I)
- Investors looking to gold again but gold buyers need to exert caution
- ‘Wolves of Wall Street’ ready to hungrily gobble up life savings of unsuspecting ‘widows and orphans’
- Like all markets are few bad apples in gold market
- Need to do due diligence on company buying from
- Avoid companies marketing gold plated coins as “pure gold” coins
- Collectible coins do not capture the value of gold and are not safe havens
- Not liquid and pricing similar to art market
- Own gold bullion coins as insurance, to reduce counter party risk and to preserve wealth
Tuesday, March 07, 2017
Cash ISA Season Limps into Action, with Very Few Contenders / Personal_Finance / ISA's
It’s been a very slow start to the ISA season, as the latest research from Moneyfacts.co.uk reveals that the average ISA rate has continued to fall to a new low of 0.82%. While there have been gradual increases to the ISA allowance over the years, the market remains deprived of intense competition.
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Tuesday, March 07, 2017
3 Maps Show How Water Access Can Make Or Break A Nation / Politics / Water Sector
BY GEORGE FRIEDMAN AND ALLISON FEDIRKA : Access to and control over water is a strategic imperative for all countries. As such, it has been a source of conflict throughout history.
Water access can impact a country’s geopolitics in many ways. The first (and one of the most obvious) is sea access. Access to the world’s oceans enables a country to use major maritime shipping routes. It also opens an additional route by which a country could project force by having a navy.
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Tuesday, March 07, 2017
The Agriculture Revolution Is Coming / Commodities / Agricultural Commodities
BY PATRICK WATSON : Humans have needs, but we need some things more than others.
Back in the 1940s, American psychologist Abraham Maslow famously classified human needs into a hierarchy, often shown as a pyramid.
At the foundation are our physiological needs: air, water, food, etc. Only when these needs are met can we reach upward to more and more refined stages of material, intellectual, emotional, and spiritual fulfillment.
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Tuesday, March 07, 2017
Here’s All You Need to Know About US Strategy In Asia-Pacific / Politics / US Military
BY XANDER SNYDER AND CHEYENNE LIGON : On a recent trip to the Pacific, US Defense Secretary James Mattis reaffirmed the United States’ commitment to guard Japan against foreign threats. Both the US and Japan have interests in the South China Sea. Geopolitical expert George Friedman has written extensively about this shared interest in This Week in Geopolitics (subscribe here for free).
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Tuesday, March 07, 2017
China’s Domestic Problems Are Good News for Gold Investors / Commodities / Gold and Silver 2017
In 1978, one year after taking control of impoverished China, Deng Xiaoping declared “to get rich is glorious.” Since Deng’s declaration, China’s per-capita GDP has grown by over 5,000%.
China is without question the biggest economic success story in recent history. However, rapid growth has come at a cost. China’s total debt/GDP ratio is now a staggering 277%—and the credit expansion is showing no sign of slowing. New bank loans in 2016 totaled $1.84 trillion—8% above the previous record.
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Tuesday, March 07, 2017
10 Million Self-Driving Cars Will Hit The Road By 2020, Here’s How To Profit / Companies / Auto Sector
Given the advanced state of driverless technologies and the amount of money being poured into the sector, there is little question—make that, no question at all—that within 10 years, driverless cars will be the norm.
The implications are immense and widespread.
There are currently about 1.4 billion cars on the road. Many of those cars, and eventually all, are going to be replaced by self-driving vehicles.
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Tuesday, March 07, 2017
Chartology of the Commodities: The Inflation/Deflation Barometer / Commodities / Commodities Trading
One of the biggest questions investors have is what type of environment are stocks and the economy in, deflation or inflation? Knowing the answer to that question can give you a heads up on what different sectors to invest in and what sectors to stay away from. Tonight I would like to update some of the different commodities indexes to see if they can give us any clues on which way the deflationary or inflationary pendulum is swinging. Commodities are often an under analysed asset class as compared to Stocks and Bonds. However they are the nuts and bolts , the real stuff supporting human existence.
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Tuesday, March 07, 2017
Glass-Steagall Essential Banking Regulation / Stock-Markets / Market Regulation
The central struggle since the inception of the Republic has been about the control of money. Since the U.S. Constitution clearly defines coinage, the objective of the mercantile elite was to circumvent the law and establish a National Bank. Woe to any defender of President Andrew Jackson for abolishing the Second Bank of the United States and rendering the Bankster Nicholas Biddle to his ignominious place in hell. This victory for the common man was ultimately betrayed when the Federal Reserve Central Bank was instituted with all the ills of fractional reserve banking.
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Tuesday, March 07, 2017
Stock Market Euphoria, China's Dumping of Treasuries Ignite Recession Concerns / Stock-Markets / Stock Market 2017
Citing the uncertainty caused by China dumping U.S. Treasuries, an impending debt ceiling crisis, the upcoming French elections, and more, Wealth Research Group editor Lior Gantz advises investors to make sure their portfolios are diversified.
Each of the last five major U.S. recessions were preceded by a shrinking global trade as a percentage of GDP.
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Tuesday, March 07, 2017
Sound Money Is Rising at the State Level / Politics / US Politics
Inflation is the most pernicious of taxes levied by our government. Officials systematically devalue the Federal Reserve Note "dollar," then levy capital gains taxes on assets when their dollar price rises.
The "gains" are largely illusory. Rising asset prices over time reflect the fact that the dollar buys less of everything. But the tax obligations triggered by this inflation are very real.
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Monday, March 06, 2017
Stock Market Basic Movements - Basic High / Stock-Markets / Stock Market 2017
With the failure to see the expected correction in our longer term forecast, this is probably a good time to review that forecast.
A 15yr interval points to a top sometime in the period from September 2016 until the end of August 2017.
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Monday, March 06, 2017
Financial Markets Have Priced in Trump Getting EVERYTHING He Wants... What If He Doesn’t? / Stock-Markets / Financial Crisis 2017
Mike Gleason: It is my privilege now to welcome in Michael Pento president and founder of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. Michael is a money manager and who ascribes to the Austrian School of Economics and has been a regular guest on CNBC, Bloomberg, Fox Business News, and also the Money Metals podcast.
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Monday, March 06, 2017
The Stock Market "Trump Bump" Was in the Cards LONG Before Trump / Stock-Markets / Stock Market 2017
How to breach limitations of conventional market forecasting
[Editor's Note: The text version of the story is below.]
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Monday, March 06, 2017
This Map Shows How Much Four US States Depend On Mexico / Politics / US Politics
Eighty-five percent of goods traded between the US and Mexico are transported by truck or railway, according to the US Bureau of Transportation Statistics. Two-way trade across the border totals $1.4 billion per day and takes place at 25 major ports of land entry between the US and Mexico.
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Monday, March 06, 2017
It’s Time to Leave the Stock Market Party / Stock-Markets / Stock Market 2017
BY JARED DILLIAN : I’m a sentiment jockey. It’s good to get a feel for the room. That applies to all kinds of situations. When sentiment gets a little one-sided, I pay attention.
My good friend Michael Martin, author of The Inner Voice of Trading, once told me his surefire recipe for staying out of trouble in college.
He would leave a party the first time a beer bottle was thrown against the wall. He would be halfway down the street by the time the cops showed up, lights flashing.
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Monday, March 06, 2017
Trapped Longs In Miners As Gold Poised For Fed Fuelled Fall / Commodities / Gold & Silver Stocks 2017
The Fed will hike rates this month and signal further hikes to come. Gold prices have yet to fully digest this reality, and therefore there is a strong case for a major move lower in the yellow metal. A Le Pen victory in France could derail the Fed’s plans for a follow up hike in June, but in the short term the gold market is vulnerable to a sharp move lower. There are a number of trapped speculative longs in the futures and mining stocks and we are approaching a period of seasonal weakness. We target a move to $1050 initially, and see merits in a larger move to $720 should the Fed persist with further hikes.
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Monday, March 06, 2017
Trump's Disruptive Approach to Trade / Economics / Global Economy
A shift in U.S. trade policy that follows the outline presented today to Congress would upend the foundations of global trade as it is currently conducted. The biggest change in the approach that the administration of President Donald Trump may take is its assertion that U.S. sovereignty in trade disputes could empower it to supersede rulings made by the World Trade Organization (WTO).
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Monday, March 06, 2017
Why Gold Will Boom In 2017 / Commodities / Gold and Silver 2017
As Trump sets out to ‘make America great again’, gold is back on everyone’s radar, gaining on widespread uncertainty and promises of high-level inflationary infrastructure spending. For our favorite precious metal, this is a euphoric time. Gold is great again, and all-American gold—even better.The world’s hottest mining belt right now is the U.S. state of Montana. With gold futures up 10 percent and spot prices up almost 7.5 percent in the first quarter, history is preparing to repeat itself with another gold rush.
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