Tuesday, July 27, 2021
Inflation Pressures Persist Despite Biden Propaganda / Commodities / Inflation
By: MoneyMetals
As the summer doldrums drag on, precious metals bulls are eying potential support levels for a seasonal bottom.
The gold market found support at the $1,750 level last month and has since been trading with a slight upside bias. Although the price action hasn’t been especially exciting, base building in these summer months can be a healthy technical process in the context of a larger bull market.
Meanwhile, investors are weighing troubling developments on the inflation front. Price increases are hitting consumers every time they shop, and that trend shows no signs of letting up.
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Tuesday, July 27, 2021
Gold Investors Wavering / Commodities / Gold and Silver 2021
By: Zeal_LLC
Gold has been sucking wind this summer, trudging along after getting slammed by a distant-future-rate-hikes scare. The resulting lower prices have really damaged psychology, leaving investors wavering on gold. Their recent capital inflows have reversed into modest selling, contributing to unusual weakness in this leading alternative asset. But investment demand should roar back in this inflationary environment.
Gold entered summer 2021 with strong upside momentum, in a young upleg that had just powered up 13.5% in 2.8 months by early June. This current interrupted upleg is the fifth of gold’s secular bull, and the previous four averaged big 33.3% gains. Gold was progressing nicely until the June 16th meeting of the Fed’s Federal Open Market Committee. The FOMC was expected to do nothing, and that’s what it did.
In a nothingburger monetary-policy decision, the FOMC left its zero-interest-rate policy and $120b per month of quantitative-easing money printing in place indefinitely. There were no hints that either of these hyper-easy policy stances would be changed anytime soon. The leveraged gold-futures speculators who dominate gold’s short-term fortunes should’ve yawned at that, and gone back to enjoying lazy summers.
But with every other FOMC decision, the Fed releases a Summary of Economic Projections that shows where individual top Fed officials expect to see certain economic data in coming years. That includes their outlooks for the federal-funds rate, which are gathered in a scatter chart known as the “dot plot”. In mid-June’s version, 6 out of 18 top Fed officials thought there might be two quarter-point hikes into year-end 2023!
That was about 2.5 years into the future, an eternity away in the markets. And the dot plot has proven a notoriously-inaccurate FFR predictor anyway. That very afternoon the Fed chair himself warned that the dots are “not a Committee forecast, they’re not a plan. ... the dots are not a great forecaster of future rate moves.” He said they should “be taken with a big grain of salt.” Jerome Powell advised to ignore the dot plot!
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Tuesday, July 27, 2021
Bogdance - How Binance Scams Futures Traders With Fake Bitcoin Prices to Run Limits and Margin Calls / Currencies / Scams
By: HGR
Binance should be renamed as Bogdance given the myriad of scams that the worlds largest crypto trading platform perpetrates on it's users, with so many instruments such as the inverse leverage coins designed to extract funds from crypto traders it is near impossible for most to make any money trading on this scam platform. In this video I demonstrate Bogdance's fake Bitcoin futures prices designed to stop traders out of their positions, and the variation between spot markets and futures is not just a few percent but by huge margins to ensure stops are hit or margin levels are annihilated thus prompting position closures at the worst possible prices all to the benefit of Binance! Thus the Bogdanof twins are rightly proud of Binance the worlds premier Crypto Scams exchange!
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Tuesday, July 27, 2021
SPX Going for the Major Stock Market Top? / Stock-Markets / Stock Market 2021
By: Andre_Gratian
SPX Long-term trend: There is some evidence that we are still in the bull market which started in 2009 and which could continue into 2021 until major cycles take over, and it ends. A move up to ~4500 is possible before the current bull market makes a final top and SPX corrects into its next major cycle low due in 2023.SPX Intermediate trend: SPX May wat to push all the way to the top projection before making an important correction.
Analysis of the short-term trend is done daily with the help of hourly charts. They are important adjuncts to the analysis of daily and weekly charts which determine longer market trends.
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Tuesday, July 27, 2021
What Is HND and How It Will Help Your Career Growth? / Personal_Finance / Education
By: Umer_Mahmood
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Tuesday, July 27, 2021
5 Mobile Apps Day Traders Should Know About / Personal_Finance / Trading Systems
By: S_N_Chatterjee
There was a time when only rich people and individuals capable of taking financial risks used to engage in online trading. However, today, with so much information available online about stocks, funds, and shares, individuals with different professional and financial backgrounds participate in online trading. The popularity of online trading has increased even further following the advent of cryptocurrencies like Bitcoin.The best thing about online trading is that it can be done from anywhere as long as you have access to an Internet connection. Additionally, there are multiple apps that can boost your market intelligence and trading profits by making the process of investing in the right stock/fund/share easier for you. The section below would introduce you to five mobile apps designed to help day traders to trade more safely and earn bigger profits.
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Sunday, July 25, 2021
Global Stock Market Investing: Here's the Message of Consumer "Overconfidence" / Stock-Markets / Stock Market 2021
By: EWI
Bear markets tend to follow this particular sentiment
In many global regions, economies are flourishing.
For example, here are two headlines about the U.S.:
What America's Startup Boom Could Mean For The Economy (npr.com, June 29)
Inflation Rose in June as Economic Recovery Continues (WSJ, July 13)
The goings-on in the United Kingdom provide another example. Employers in the UK are hiring people at the highest rate in more than six years. Plus, business and consumer spending are climbing swiftly -- at the fastest clip in a quarter of a century.
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Sunday, July 25, 2021
Gold’s Behavior in Various Parallel Inflation Universes / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
The current high inflation could theoretically transform into hyperinflation, disinflation, stagflation, or deflation. What does each mean for gold?Inflation, inflation, inflation. We all know that prices have surged recently. And we all know that high inflation is likely to stay with us for a while, even if we assume that the CPI annual rate has already peaked, which is not so obvious. But let’s look beyond the nearest horizon and think about what lies ahead after months of high inflation, and what consequences it could have for the gold market.
From the logical point of view, there are three options. Inflation rates could accelerate further, leading to hyperinflation in an extreme case. They could remain more or less the same, resulting possibly in stagflation when the pace of GDP growth decelerates. And, finally, the rates of annual changes in the CPI could slow down, implying disinflation, or they could even become negative – in this scenario, we would enter the world of deflation. So, which of these “flations” awaits us?
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Sunday, July 25, 2021
Indian Delta Variant INFECTED! How infectious, Deadly, Do Vaccines Work? Avoid the PCR Test? / Politics / Coronavirus 2021
By: N_Walayat
We managed to dodge the covid bullet for a good 18 months but no ,more as at least one person is INFECTED with the Indian DELTA Variant! Here's what it's like to get infected from the first Lateral flow test on. What to expect, how to limit the spread to other members of the household without going over board and whether one should get the PCR test given that as soon as you do your life is taken out of your hands and you are told what you MUST do! Then there are the school drama queens that make up the rules as they go along! And above all find out if the vaccines work against the Indian delta variant if not or it's off to the local hospital for a ventilator holiday.
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Sunday, July 25, 2021
Bitcoin Stock to Flow Model to Infinity and Beyond Price Forecasts / Currencies / Bitcoin
By: Nadeem_Walayat
Once you venture into the realm of bitcoins future prospects then you are pretty soon going to be presented with Stock to Flow model projections. Which is basically how many years will it take for new annual supply of bitcoins to cover total available supply of bitcoins and what it suggests for future pricing given that Bitcoins future supply is reducing with each halving.
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Saturday, July 24, 2021
Bitcoin Black Swan - GOOGLE! / Currencies / Bitcoin
By: Nadeem_Walayat
The stock to flow model to is too easy and that Bitcoin halving can do what it does to pump the price ever higher, but what happens if next time that does NOT HAPPEN where instead bitcoin pricing rising it FALLS! If the biggest bullish case for Bitcoin turns out to be FALSE then that crypto is heading towards $1 rather than the stock to flow models $1 million plus coins.
So yes, it worked last time, and could work next time. However, on it's own it has to be coin flip, and eventually those coins are going to flip TAILS - GAME OVER!
Which means don' get sucked into such hype and make sure not to over commit to the crypto casino i.e. Even at maximum exposure I am not going to spend MORE than 1% of my total fiat on crypto's. One has to be prepared for assets that have no intrinsic value to reflect that lack of intrinsic value so keep exposure small.
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Saturday, July 24, 2021
Stock Market Stalling Signs? Taking a Look Under the Hood of US Equities / Stock-Markets / Stock Market 2021
By: Submissions
Equities traded quietly higher in Thursday's NY session. Simultaneously, bonds were bid rather firmly, sending interest rates even lower. What is going on beneath the surface?
Greetings. I hope this article finds you and yours well. Today, we are taking a look at some additional market indicators and internals to get an unbiased perspective on things.
First, I want to preface things by mentioning that I am not suggesting that I am fully bearish on the S&P 500 or stocks right now. However, I am taking more of a cautious stance at the moment.
Saturday, July 24, 2021
Biden’s Dangerous Inflation Denials / Politics / Inflation
By: MoneyMetals
This week he superficially addressed the problem by admitting the obvious – that prices have been rising rapidly this year – while denying that the inflation surge represents anything out of the ordinary.
“Some folks have raised worries that this could be a sign of persistent inflation, but that’s not our view,” Biden said. “Our experts believe and the data shows that most of the price increases we’ve seen [were] expected and expected to be temporary.”
Trust the experts! After all, when have they been wrong about anything…besides wars and pandemics?
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Saturday, July 24, 2021
How does CFD trading work / Stock-Markets / Stock Index Trading
By: Submissions
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Friday, July 23, 2021
The Government Is Culpable for America’s Retirement Crisis / Politics / Pensions & Retirement
By: MoneyMetals
America faces a retirement crisis.
The chairman of the world’s largest asset management firm is sounding the alarm. BlackRock CEO Larry Fink told CNBC last week that he sees a “silent crisis of retirement.”
Fink cited ultra-low interest rates, combining with elevated inflation rates, as steadily diminishing the real value of retirement savings.
“People are going to have to, unfortunately, whether they like it or not…work longer because they’re not earning the same returns on their savings,” he said.
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Friday, July 23, 2021
Junior Gold Miners: New Yearly Lows! Will We See a Further Drop? / Commodities / Gold and Silver Stocks 2021
By: P_Radomski_CFA
It seems that choosing GDXJ to short the PMs was a good decision – juniors closed the day at new 2021 lows. Will our profits only grow from now on?
Gold’s yesterday’s intraday attempt to rally was not bullish. On the contrary, it was what usually happens right before a big slide. Especially given the USDX’s breakout.
Let’s start with the latter.
Friday, July 23, 2021
Best Forex Strategy for Consistent Profits / Currencies / Forex Trading
By: Submissions
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Thursday, July 22, 2021
Popular Forex Brokers That You Might Want to Check Out / Currencies / Forex Trading
By: Steve_Barker
Investing in Forex opens up a lot of opportunities for beginners since the investment is minimal. Nevertheless, one thing you need to consider is which broker you will use. This is not as simple as it sounds because of various factors such as regulation, currency, and more that you must think about before settling on one.
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Thursday, July 22, 2021
Bitcoin Black Swan - Will Crypto Currencies Get Banned? / Currencies / cryptocurrency
By: Nadeem_Walayat
Whilst we can all get carried away projecting into the future based on past trends, comfortable in the reliability of calculations. However, there are always black swans lurking out of sight that could result in that panic event that few see coming. And where Bitcoin and the crypto's are concerned is if the Governments decide to BAN trading and investing in crypto's.
I know the crypto bugs will come out with statements such as it is impossible to ban decentralised crypto currencies.
However, bitcoin / crypto's threaten the fiat currency banking system that effectively the worlds central banks have a monopoly over.
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Thursday, July 22, 2021
Bitcoin Price Enters Stage #4 Excess Phase Peak Breakdown – Where To Next? / Currencies / Bitcoin
By: Chris_Vermeulen
Over the past few months, I’ve been interviewed in podcasts and on Kitco where I’ve discussed the US and global market setups and trends based on my unique understanding of Technical Analysis and price patterns. Even though I’ve heard/read some comments from viewers sharing their own opinions which may not always agree with my interpretation of the market setups, I like to let the market trends do their thing and ultimately someone will be proven correct at the end of the day. Today, we’ll revisit some research I completed back in November 2020 and see how that research played out to today with Bitcoin.
Attempting to predict any future trend in any market is a difficult task, to say the least. The markets do what they do and part of my experience is to understand technical analysis setups and the underlying psychological aspect to the market cycles. I’m never 100% accurate in my predictions or expectations either – no one is 100% accurate in predicting any future event. All we can do is try our best at identifying these setups and take trades when the opportunity strikes for profits.
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