Thursday, August 27, 2020
What The 1987 Crash Reveals About Silver Today / Commodities / Gold & Silver 2020
The 1987 stock market crash occurred after a period with a similar build up to the 2020 crash. After being stuck in a range for a number of years in the 1970s and the 2000s, the Dow managed to break higher after a significant gold peak in 1980 as well as 2011 respectively. See the chart below:
Read full article... Read full article...
Thursday, August 27, 2020
$10,000 Gold – Or A Triple Top? / Commodities / Gold & Silver 2020
Predictions for gold’s price are based on seemingly sound fundamentals and logic; but the fundamentals are incorrect and presented in unrealistic context. Here are some things to keep in mind when you see any predictions for the price of gold.
GOLD IS NOT AN INVESTMENT
Gold, itself, is not an investment. Gold is real money and the original measure of value for everything else.
A higher gold price is inversely correlated to a decline in the purchasing power of the US dollar. This, can be seen historically on the chart (source) below…
Read full article... Read full article...
Thursday, August 27, 2020
High-Flying COVID-19 Stocks Sectors May Be Setting Up For A Market Correction / Stock-Markets / Stock Markets 2020
- KEY HIGHLIGHTS: COVID-19 has hit many retail and commercial sectors hard, but boosts Technology and Automobiles.
- The NASDAQ 100 Technology Sector Index suggests the 100% Measured Move is complete.
- NASDAQ BNCHMK Computer Hardware Index has reached a lofty 150% upside Measured Move expansion.
- US Automobiles Index currently nearing a 135% upside Measured Move.
- Will these trends continue, or are they a temporary “transitional process”?
Thursday, August 27, 2020
The Rise And Rise Of Bitcoin / Currencies / Bitcoin
...
Wednesday, August 26, 2020
Teachers Unions Covid-19 Fears, Should UK Children Go Back to School September 2020? / Politics / Educating Children
Boris Johnson's clueless moronic government advised by vested interest Scientists who's primary focus is on feather their own nests hence repeatedly giving what turns out to be BAD advice is supplemented by teachers unions who are playing their own insidious game using children and pawns in their one upmanship against the Tory government all which has meant that the teachers IGNORED government instructions to OPEN all schools as of Mid June! Latest u-turn from out moronic government is for optional face masks to be worn in schools leaving the decision upto individual schools. Though reality is the children are more intelligent about the virus than the government, schools AND teachers!
What Britain's suffering children cannot afford is for the same insidious forces to disrupt and delay the opening of all schools in September 2020!
Read full article... Read full article...
Wednesday, August 26, 2020
We Have an Economic Eight-Body Problem / Economics / Coronavirus Depression
If you have three large objects that have gravitational impact on each other, you can determine where they have been in the past.
However, you cannot predict where they will be in the future. At least, not without great difficulty.
In physics, this is called the three-body problem.
In economics, we are well beyond the three-body problem. I think it is more like an eight-body problem. See if you agree:
Read full article... Read full article...
Wednesday, August 26, 2020
Could Buffett Buy 130 Million Ounces of Silver Again? / Commodities / Gold & Silver 2020
Earlier this week, precious metals markets got a surprising Buffett bounce.
Legendary investor Warren Buffett isn’t often associated with gold – at least not in a positive way. In the past Buffett has made derisive comments about the monetary metal. He once quipped that gold “has no utility.”
A perpetual optimist on the U.S. economy, Buffett by nature doesn’t like the message that is sent by higher gold prices. He has likened investing in gold to “going long on fear.”
Read full article... Read full article...
Wednesday, August 26, 2020
How Much Does Hail Damage Devalue a Car? / Personal_Finance / Motoring
Owning a car has its fair share of challenges, including suffering hail damages.
If you live in an area susceptible to hailstorms, take precautions to keep off your car from hail damage. If the worst happens and the car is hit, take the necessary steps.
Hailstorms wreak havoc on a sleek car forcing the owner to incur repair costs they hadn’t planned for. Since nature’s behavior is inevitable, it pays to prepare for the worst in case disaster strikes.
A hail junk car not only devalues, but also loses the factory look it had before. So, buying a car with hail damage requires having details about the car first.
Read full article... Read full article...
Wednesday, August 26, 2020
How to Start A Junk Car Business / Personal_Finance / Money Making
Having a less perfect car in your backyard is never an appealing sight. Always find the right company to buy the damaged car.
At times, the company can either repair the car for sale or sell the spare parts for profit. If it’s either selling or buying a damaged car, starting a junk car business is never easy.
In particular, you pay customers to get their damaged cars instead of getting paid. That’s why grit and top business knowledge must apply in this car venture.
Like in other businesses, you need commitment and patience to realize profits.
Read full article... Read full article...
Wednesday, August 26, 2020
What Makes This Recession Different From the Rest / Economics / Coronavirus Depression
"It's a recession when your neighbor loses his job;
it's a depression when you lose yours."
—Harry S. Truman, 33rd US President
In recent weeks, numerous commentators started to suggest the US and the world are entering a depression.
For some areas of the economy, that is clearly true. But not every area.
Read full article... Read full article...
Wednesday, August 26, 2020
Fed Rules Out Yield Curve Control (for now) / Interest-Rates / Inverted Yield Curve
That we are even having this conversation is proof that we are and have been in…Wonderland for years now.
Since at least 2001, actually. Back then Alan the Wizard Greenspan (mixing classic fairy stories, I know) began pulling levers that could never be un-pulled. There were no breadcrumbs with which to find our way back. Off the charts is off the charts. Exponential is exponential. And that’s when funny munny out of thin air entered the realm of normalcy; new normalcy where the financial system is concerned.
I assume that the ‘tool’ known as yield curve control (per this article) is part of MMT (Modern Monetary Theory) TMM (Total Market Manipulation) that the eggheads promote with not an ounce of historical monetary grounding, caution or even human-like soul. They are monetary Humanoids, AKA bureaucrats, AKA economic Ph.Ds with more statistical and theoretical knowledge than common sense. They released the FOMC minutes and policy micro-managers offer their interpretations.
Read full article... Read full article...
Wednesday, August 26, 2020
MOGO Stock May Be The Most Undervalued Stock In Fintech / Companies / Tech Stocks
...
Tuesday, August 25, 2020
Fed Can Control Yield Curve. But It Can’t Control Gold / Commodities / Gold & Silver 2020
In a response to the coronavirus crisis, the Fed has already cut interest rates to zero and implemented quantitative easing. But that’s not enough and the U.S. central bankers are now talking about “yield curve control”. What is it and how it could affect the gold market?
Normally, the central banks lower the short-term interest rate to stimulate the economy. But the federal funds rate is already at zero, so the Fed now thinks about the yield curve control. It works basically like normal open-market operations – the only difference is that under the yield curve control, the Fed would target some longer-term interest rate. As the central bank would set the short-term rates at zero and it would target also longer-term rates, it would practically control the yield curve, which explains the name. Moreover, the Fed would also promise to buy enough bonds to keep the rate from moving above the target – this is why the yield curve control is also called “interest rate caps” or “interest rate pegs”.
Tuesday, August 25, 2020
Gold and Silver Precious Metals Cycles Demand Attention / Commodities / Gold & Silver 2020
Research Highlights:
- With Gold trading above $2,000 for the first time and Silver trading near $27.50, you need to understand the risks in the markets that precious metals are warning of.
- If Gold breaks above $2,400, then there is a very real concern that the global markets could be close to some type of decline/collapse event.
- We believe the upside potential in precious metals could drive a very wide sideways market rotation, similar to what happened between 1999 and 2011, over the next 3+ years that may catch many off-guard.
Over the past few weeks and months, my research team and I have been actively publishing this research to help you better understand what is really happening in the markets right now. With Gold trading above $2,000 for the first time and Silver trading near $27.50, skilled traders need to understand the risks in the markets that precious metals are warning of. Think of it like this, as long as Gold continues to trade near or above $1900, the risk levels in the global markets are at extreme levels for traders and investors. If Gold breaks above $2,400, then there is a very real concern that the global markets could be close to some type of decline/collapse event.
Read full article... Read full article...
Tuesday, August 25, 2020
Continued Stock Market Topping Behavior / Stock-Markets / Stock Markets 2020
Current Position of the Market
SPX Long-term trend: For now, the best guesstimate is that we are still in the bull market which started in 2009.
SPX Intermediate trend: We should be approaching an important high, with confirmation coming over the near term.
Analysis of the short-term trend is done daily with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
Read full article... Read full article...
Tuesday, August 25, 2020
The Smart Way to Profit off the “Internet of Things” / Companies / Internet
By Justin Spittler : Google (GOOG) just made a statement. On August 3, Google announced that it’s investing $450 million in home security company ADT (ADT). The investment will give Google a 6.6% stake in the company.
You might be wondering why the tech giant wants anything to do with ADT. Simple. Google’s asserting its dominance in one of today’s biggest megatrends.
Investors who see where this is headed stand to make a fortune. But only if they know how to play it. And it’s not Google. The two stocks I’ll share with you today offer much more explosive upside. But let’s first look at why Google is investing hundreds of millions into ADT.
Google, as you know, operates the world’s most popular search engine, and the #1 most trafficked website. But it’s far from a one-trick pony.
Read full article... Read full article...
Tuesday, August 25, 2020
Warren Buffett: From Gold-Hater to Gold Bug / Commodities / Gold & Silver 2020
Peter Krauth discusses Warren Buffett's big move into gold and discusses why the price of the metal is likely to climb much higher.
Warren Buffett has long been known as one of the biggest gold-haters around.
Yet in one move he's helped gold go mainstream.
The "Oracle of Omaha's" about face could be the ultimate Buy Signal.
For millions of investors, seeing Buffett dump banks while buying gold is likely to have a profound impact.
But as I'll show you, what's going on in the gold markets goes way beyond Buffett.
Read full article... Read full article...
Tuesday, August 25, 2020
AMD Ryzen Zen 3 CPUs Cinebench r20 Scores - 4300x, 4600x, 4900x, 4950x / 5300x, 5600x, 5900x, 5950x / Personal_Finance / Computing
Its not going to much longer before we get AMD's big reveal it's Intel crushing 7nm Zen 3 processors with my focus for the past year being on what to expect for the top 2 Ryzen processors, i.e. currently the 3900x and the 3950x. Back in May I speculated that Zen 3 should see a IPC gain of at least 15% and possibly as high as 22%, and from what I have seen to date we still appear to be on track to achieve those goals, typically ranging from 18% to 22% increases in performance given expected increases in clock speeds of 200mhz and better layout of the CCX's in 8 core chiplet packages resulting in better integration and use of L3 cache.
Read full article... Read full article...
Tuesday, August 25, 2020
Budgie Paradise! Ultimate Bird Play Room! How to do for FREE! / Personal_Finance / Animals & Pets
Try to imagine what the ultimate playroom for budgies / small parrots would look like. I bet you conjuring up a room full of lots of expensive toys and wood and plastic branches of varying lengths and sizes so as to allow your budgies plenty of scope for flee flight. But this video demonstrates a solution that beats ALL of that without spending a single extra penny! The ultimate Budgie playroom for FREE!
If we can do it then so can you!
Read full article... Read full article...
Monday, August 24, 2020
Stock Market S&P 500 Downswing Staring Us in the Face? / Stock-Markets / Stock Markets 2020
After flirting with new all-time highs, stocks reversed on the Fed seeing slowing labor market and planning no yield control for now. Volume is slowly returning, prices aren't making material headway, which is lending the stock market a tired look.
Just as I wrote yesterday before being yet again profitably taken out of the earlier long position, it's one thing to be building a base, and lacking the strength to break higher with resounding force.
That's exactly the case with stocks, and the absence of bulls' strong conviction. Each passing day that lacks clues hinting at their return, is leaving the S&P 500 progressively more exposed and vulnerable to broad weakness or even a takedown without much in terms of an advance warning. That's certainly the case with no hints at a new punch bowl on the nearest horizon.
Read full article... Read full article...