Thursday, April 22, 2021
Gold Price Next Key Level / Commodities / Gold and Silver 2021
By: MoneyMetals
Gold rallied last week toward the top of a down-trending channel that has been in force since prices peaked last summer.
A breakout attempt in early January failed. The gold market subsequently slumped to a potential double-bottom low in March around $1,675/oz.
The $1,800 level now looms as a critical technical juncture.
The recent bounce could either fail around there… or gather the strength to finally break out of the multi-month corrective phase.
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Thursday, April 22, 2021
Here's What to Look For When Hiring a Real Estate Agent / Housing-Market / US Housing
By: Steve_Barker
The most daunting experience for an individual or family shopping for a new house or wanting to sell their property is hiring a real estate agent or firm that can represent their interest throughout the entire process.
Buying a home is a huge milestone in a person’s life, but when you lack knowledge about the real estate market, it could become a sour experience. And it is the same thing when you want to sell your home, you need realtors to help you navigate the process while holding your hand all the way.
Most people shopping for properties in the real estate market are first-time homeowners, to ensure that your lack of experience is not exploited, get the right property that suits you for the right price, it is important that you engage the services of a real estate agent.
It gets tricky here because you cannot just decide to hire a realtor on a whim; they need to tick certain ethical, professional, and psycho-analytical boxes before you make the final decision.
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Wednesday, April 21, 2021
Ethereum EIP 1559 and Raven Coin / Currencies / Crypto Mining
By: Nadeem_Walayat
And contemplating EIP 1559 and what it means for crypto mining then as Ethereum becomes more expensive to mine then that implies a shift in market hash power to the other crypto coins where likely a large beneficiary of which will be Ravencoin that could see a significant up lift in price. So, a strategy here could be to exchange ethereum mining today for Raven coin. Current price of Raven coin is $0.18. A large switch in market hash rate to raven coin could soon see it trade to over 50 cents, and likely a lot higher when the block rewards halve in January 2022 from 5000 raven coins to 2500 coins per block mined. So I will definitely be converting surplus bitcoins (about 15% of coins mined with NiceHash) into raven coin for the long-run, held with Nicehash until Coinbase decides to list RVN, maybe soon after their imminent IPO.
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Wednesday, April 21, 2021
Gold, USDX: The Board is Set, the Pieces are Moving / Commodities / Gold and Silver 2021
By: P_Radomski_CFA
A culminating point has been reached. With the USD Index being backed up by solid fundamentals, can gold hold the line?
Have you ever noticed how often the language of war is used in finance and economics articles? A given company is on the defensive or the offensive, a stock is pushing forward, something else is rallying, positions are being taken… who will fire first? It’s the case of continuous push and pull factors that makes military strategies and concepts relevant to the subject of money.
Now, when it comes to gold and the USD Index, it’s not the great battle of our time (in reference to today’s title), as Gandalf explained to Pippin in The Lord of the Rings, but it’s a battle, nonetheless. For the yellow metal, it could even be the deep breath before the plunge. We’ll soon find out.
With an epic struggle for supremacy set to unfold in the coming weeks, battle lines have officially been drawn: with the USD Index hovering near its 50-day moving average and gold recapturing its 50-day MA, negatively correlated assets have officially collided. And, as the rules of engagement specify that to the victor go the spoils, which one is likely to wave the white flag?
Wednesday, April 21, 2021
World Economies Need to Find a Lot More COPPER! / Commodities / Copper
By: Richard_Mills
As the third most-consumed metal on the planet, behind iron ore and aluminum, copper is all around us. Found naturally in the Earth’s crust, copper was among the first metals used by early humans, dating back to the 8th century, BC.
Three thousand years later homo sapiens figured out how to smelt copper from its ore, and to alloy it with tin to create bronze. Bronze was useful for tools and weapons, making it one of the most important inventions in the history of civilization.
The Copper Age
Nothing happens without copper; as it turns out, not even civilization itself. Beginning around 5,000 BC, the “Chalcolithic” (from the Greek “khalkos” for copper and “lithos” for stone) or Copper Age was a transitionary period between the Neolithic (Stone Age) and the Bronze Age.
It was during this time that copper was introduced as a material that could be worked into metal, paving the way towards the use of bronze later on.
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Wednesday, April 21, 2021
DogeCoin CRASH! Time to Start Mining BOODGIE Coin! Crypto Mania 2021 / Currencies / Crypto Mining
By: N_Walayat
Everyone stop mining DogeCoin! Get your rigs off Nicehash and onto the likes of Unminable and start mining BOODGIE COIN NOW! The new crypto coin that is going to change everything! BOODGIE COIN is to to fly high so get in now near the ground floor and start mining thousands of BOODGIE coins before it fly's off as DOGE coin had!
BOODGIE COIN!
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Wednesday, April 21, 2021
Pausing Stocks and Gold Fireworks / Commodities / Gold and Silver 2021
By: Monica_Kingsley
The S&P 500 went back to relentless rallying on Friday, yet the selling wave before the close looks to indicate hesitation ahead. Even though VIX is attacking the 16 level, and the put/call ratio ticked higher, the bulls are little disturbed thus far – and they‘re unlikely to get upset. Whatever consolidation comes, would be a sideways one – one to be bought.
That‘s the result of ample liquidity in the system, which is denting the rotations. Yields can go up or down, yet the sectoral adjustments to the downside aren‘t largely there, and that extends beyond the recently discussed financials. It concerns tech specifically, as the sector appears at a turning point – it defended gains:
(…) without too much help from the behemoths, and value stocks surged. …. Retail sales outdoing expectations and unemployment claims dropping sharply – the economic recovery is doing fine, manufacturing expands, and inflation doesn‘t yet bite. We‘re still in the reflationary stage where economic growth is higher than the rate of inflation or its expectations.
Gold loved the TLT upswing and Powell‘s assurances about not selling bonds back into the market in rememberance of eating a humble pie after the Dec 2018 hissy fit in the stock market (isn‘t this the third mandate actually, the cynics might ask). I called for the sharp gains across the precious metals board sending my open position(s) even more into the black.
Wednesday, April 21, 2021
Precious Metals and Miners Start of New Longer-Term Bullish Trend - P2 / Commodities / Gold and Silver 2021
By: Chris_Vermeulen
This second part of our research article related to the new Bullish price phase in Precious Metals and Miners will continue to explore the potential range and targets for higher price trends.
In the first part of this article, I discussed how precious metals have started moving higher in somewhat of a stealth mode – not really drawing a lot of attention from traders. While other commodities and market sectors continue to rally, Gold and Silver have recently been setting up a new momentum base over the past few weeks. If our research is correct, we may soon see a stronger bullish price rally in precious metals which may drive miners 3x to 5x higher as Miners have greater Alpha than precious metals.
Are The Stars Aligning For A Big Market Shift Focusing On Gold & Silver?
Another key factor is that we’ve recently shifted away from an appreciation cycle phase and into a depreciation cycle phase. This new Depreciation cycle phase suggests the US Dollar may enter a decidedly downward overall trend while the US stock market may continue to move higher with increased volatility and extended price rotation ranges. Additionally, this new Depreciation cycle phase clearly suggests precious metals will begin an upward price trend that may last well into 2027~2028 or longer.
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Wednesday, April 21, 2021
Looking For A Mortgage Broker? Here's How To Hire One / Housing-Market / Mortgages
By: Steve_Barker
Are you looking to buy a house or to get an investment loan, or you need help sifting through mortgage options? Then you will need a mortgage broker. It is possible to do all this on your own, but it will be tasking. A mortgage broker is a professional that acts as an intermediary between you and the lenders. They don't just connect you to any lender. They use your financial situation to get the best fit lender at an interest rate you can afford.
Mortgage brokerage is a rising business. In 2004, there was 53,000 mortgage brokerage in the United States. With online mortgage brokers, an increase in the mortgage industry has occurred. These rising numbers make it difficult to hire mortgage brokers easily. You are not just looking for any mortgage broker. You are looking for a good one that makes you his/her priority and helps you navigate the complex mortgage market.
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Tuesday, April 20, 2021
Amazon AMZN Stock PRIMEDAY SALE! Trend Analysis / Companies / Amazon
By: Nadeem_Walayat
First Amazon stock soared into the stratosphere and now so have Amazon earnings doubling, sales up 44%.Gone is Amazons EC of 148! Gone too is the relatively pricey valuation of 91 of November 2020, and here we now stand barely 3 months on with Amazon priced on par with Google trading on an EC of just 42. What does this mean, it means Amazon is CHEAP! And thus the Buy Percentage is 100%!
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Tuesday, April 20, 2021
Stock Market Sentiment Speaks: You May Not Believe My 2021 Targets / Stock-Markets / Stock Market 2021
By: Avi_Gilburt
Ever since the market crash in February and March of 2020, so many investors, authors and analysts have been on high alert for the next shoe to drop.
In fact, I can no longer count how many articles (along with comments) I have read which have called this market one name or another, while looking for the next crash. While such descriptive name calling included a “bubble,” or “topping,” or having gone “too far too fast,” or “not supported by the fundamentals,” or having an “overly heated PE ratio,” it is clear that this rally has taken many by surprise, and many still do not believe in its ability to continue on further.
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Tuesday, April 20, 2021
Stock Market Phase Two Projection / Stock-Markets / Stock Market 2021
By: Andre_Gratian
Current Position of the Market
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 the first half of 2021 before major cycles take over and it comes to an end.
SPX Intermediate trend: SPX has completed the next phase of its intermediate uptrend and should correct.
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.
Tuesday, April 20, 2021
Are Precious Metals & Miners Starting A New Longer-Term Bullish Trend? / Commodities / Gold and Silver 2021
By: Chris_Vermeulen
Almost in stealth mode, precious metals have begun to bottom and start a new upside price trend while the US stock market focused on the FOMC meeting a few weeks back and current economic data. Gold, Silver, and many of the Miner ETFs recently started a moderately strong push higher – almost completely behind the scenes of the hype in the markets regarding IPOs and Bitcoin’s new recent highs.
All the Gold traders know that when Gold starts a new leg higher, it could mean inflation fears are being amplified in the global markets and/or fear is starting to creep back into the markets. After the recent rally in the US major indexes and as we plow through Q1:2021 earnings, it makes sense that some fear and inflation concerns are starting to take precedence over other concerns. Will the markets just continue to push higher and higher? Or are the market nearing some type of intermediate-term peak after rallying from November 2020? Only time will tell…
The recent move in Gold and Silver prices suggests traders and investors are starting to act more aggressively to hedge against downside market risks. My research team and I believe these upside trends may confirm an upside breakout trend in Precious Metals and Miners within 2 to 4+ weeks. You may find some of our earlier research articles related to metals, including our April 15th price targets for Gold, Silver, and Platinum, and our research from March 26th where we explore an impending miners breakout rally.
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Tuesday, April 20, 2021
Inflation: First the Gain, Then the Pain… / Economics / Inflation
By: MoneyMetals
Gold and silver markets are exhibiting more signs of breaking out into a rally.
On Thursday, bond yields pulled back sharply. That helped fuel a new record in the Dow Jones Industrials. But the precious metals sector was an outperformer on the day, with mining stocks leading gold prices to a fresh multi-week high.
With the exception of palladium, precious metals markets have lagged behind other asset classes in 2021. That may be in the process of changing here in the second quarter.
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Monday, April 19, 2021
8 Stock Market Indicators in 1: Here's the Message of the Panic/Euphoria Model / Stock-Markets / Stock Market 2021
By: EWI
Prior model extremes occurred in March 2000 and October 2007
Elliott Wave International has been providing market analysis for more than four decades -- which includes many bull/bear market cycles.
That said, the public's current market mindset -- especially among inexperienced investors -- is a reminder of the extremes surrounding the 2000 market top, and a few others.
For example, a February 27 MarketWatch headline said:
A new wave of fearless retail investors is ready to pour $170 billion into stocks ...
Also, according to an early February Deutsche Bank survey of online brokerage users, 61% are under 34 years of age and 45% are in their first year of investing.
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Monday, April 19, 2021
Gold - You Can Win a Battle, but Still Lose the War / Commodities / Gold and Silver 2021
By: P_Radomski_CFA
Gold had a good day yesterday, but as it hits the $1,770 resistance line, it will be anything but easy for the yellow metal. The real test has begun.
And so, it happened. Gold moved right to its target level that seemed to be the max that it could reach, but that didn’t seem to be the most likely outcome. Just because it wasn’t the most likely outcome, doesn’t make it impossible. The “most likely” can happen all the time – after all its only “most likely” not “certain” or “inevitable”.
Gold declined right after its triangle-vertex-based reversal, but it appears that the market participants didn’t want to give up on the bullish tone until gold finally reached its previous lows and highs.
Just like magnets, the strong support and resistance lines draw investors and traders, and it seems that we saw this play out once again.
Monday, April 19, 2021
Will Interest Rates Rally Further Push Gold Price Down? / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
The recent rally in the bond yields pushed gold prices down, but this trend won’t continue forever, as the Fed will likely be forced to step in.In March, we saw a continuation of the rally in bond yields that started in February. As the chart below shows, the 10-year real interest rates have soared from -1.06 on February 10 to -0.66 percent on March 23.
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Monday, April 19, 2021
Gold Fireworks Doubt the Official Inflation Story / Commodities / Gold and Silver 2021
By: Monica_Kingsley
The S&P 500 red candle and then some – erased in a day, that‘s what you get with the Fed always having your back. The staircase climb certainly looks like continuing without any real breather. Whatever steep ascent you compare it to (Jun or early Sep 2020), this one is different in that it doesn‘t offer but token corrections. Not that it would be reasonable to expect a steep downswing given the tide of liquidity, but even sideways trading has become rarer than it used to be.
With the VIX still below 17 and the put/call ratio in the middle of its slowly but surely less complacent range, the path of least resistance is higher – the signs are still aligned behind the upswing to go on:
(…) Don‘t pin your hopes too high for a (sharp) correction though. Yes, [on Wednesday] stocks listened to the weakening corporate credit markets, and the daily retreat in long-dated Treasuries inspired some profit taking in tech. Quite some run there as yields stabilized, which has turned XLK from very stretched to the downside of its 50-day moving average, to the upside extreme. Tesla also followed suit but I doubt this is a true reversal of tech fortunes.
Just at yesterday‘s moves – technology surged higher without too much help from the behemoths, and value stocks surged. Even financials ignored the sharp retreat in yields. Yes, that‘s the result of retails sales outdoing expectations and unemployment claims dropping sharply – the economic recovery is doing fine, manufacturing expands, and inflation doesn‘t yet bite. We‘re still in the reflationary stage where economic growth is higher than the rate of inflation or its expectations.
Monday, April 19, 2021
YuanPay Team Discuss The Process Of Crypto Diversification / Currencies / BlockChain
By: Mark_Adan
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Sunday, April 18, 2021
Central Banks May Ramp Up Gold Buying / Commodities / Gold and Silver 2021
By: MoneyMetals
Ignore what central bankers are saying; instead, watch what they are doing.
While they poo-poo gold or pretend it doesn't exist, global central banks have been quietly but aggressively accumulating gold bullion for several years now. The Central Bank of Russia, for example, has been a consistent buyer of gold.
Other major central banks have also been acquiring and holding the metal, although some scaled back last year following the pandemic and record-high prices for the metal.
Given more favorable market conditions and greater risks to holding U.S. dollar reserves, central banks may soon ramp up their gold buying again.
The Hungarian Central Bank cited “long-term national and economic policy strategy objectives” for its move.