Monday, December 04, 2017
Bitcoin Achieved What The Gold Market Never Could & Never Will? / Commodities / Gold and Silver 2017
There is no absurdity so palpable but that it may be firmly planted in the human head if you only begin to inculcate it before the age of five, by constantly repeating it with an air of great solemnity. Arthur Schopenhauer
Gold bottomed in 2002, and it took nine years for its trade to a high of roughly $1900 (September 2011). Contrast that to Bitcoin, in less than 1/3rd of the amount of time it is showing gains of more than 11,000%. It took nine years for Gold to show gains of roughly 700% and Gold has given up a substantial portion of those gains.
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Monday, December 04, 2017
Tech Breakthrough To Save Trillions In Tax Payer Dollars / Companies / Tech Stocks
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Monday, December 04, 2017
Gold Intermediate Cycle Update / Commodities / Gold and Silver 2017
Please also see my weekend post on the USD. I will be adding a few more updates over the next few hours.
This weekend, I would like to step back and take a longer term perspective on where Gold is likely headed in 2018. My first chart is a 20+ year weekly showing that Gold is at a major inflection point in my long term uptrend channel. It shows a massive 20+ year Bull Flag that is either going to continue its breakout above the 2011 down trend or this will be a false breakout and my uptrend channel will fail.
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Monday, December 04, 2017
Stock Market Classic Short Squeeze / Stock-Markets / Stock Market 2017
SPX futures have peaked higher than the Thursday haigh at 2657.74. This means Wave c of (v) isn’t finished yet. That may mean a final probe to 2670.00 to 2682.00. A possible target. Wave (v) at 1.382 times Wave (i) equals 2670.14. Wave (v) at 1.5 times Wave (i) gives a possible target of 2675..68 while Wave (v) at 1.62 times Wave (i) yields a target of 2581.18.
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Monday, December 04, 2017
Canada-China Trade Amid NAFTA Friction / Politics / Protectionism
As tensions prevail in the NAFTA talks, Canada is hedging its bets by fostering consensus for a trade agreement with China.On Sunday, Canadian Prime Minister Justin Trudeau shall start a trade and tourism dialogue with Chinese officials during his ongoing visit to China. Canada and China began to talk about a free trade agreement (FTA) more than a year ago, following back-to-back meetings of Trudeau and Chinese Premier Li Keqiang in China and Ottawa.
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Monday, December 04, 2017
Stock Market Top Distribution Starting / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Coming to an end at anytime!
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Monday, December 04, 2017
Understanding Real Time Forex Trading / Currencies / Forex Trading
Forex traders аlѕо trade іn rеаl tіmе. Forex realtime trading іѕ dоnе аt thе foreign exchange rate.
Thе buy оr sell order іѕ рlасеd оn thе live exchange rate. Thіѕ type оf forex іѕ traded bу anticipating currency pair prices based оn thеіr technical analysis аnd оthеr market fundamentals.
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Sunday, December 03, 2017
A Letter To The IRS: Go F Yourselves You Bunch Of Criminals / Politics / Taxes
Many people will tell you that the IRS and income tax in the US are unconstitutional.
That is totally true… but the CONstitution is also a scam to enslave people while telling them they are free… so who cares.
In any case, bitcoin and cryptocurrencies pose the biggest threat to central banks and governments in their entire, evil history.
“Taxes”, which is just another word for extortion, are not voluntary and the only way to “collect” them is to use violence or threats of violence.
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Sunday, December 03, 2017
War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat Part2 / Commodities / Gold and Silver 2017
Dictatorship (noun): Definition #3: absolute power or authority (Websters);
Def. #2: absolute, imperious or overbearing power or control (Random House);
Def. #3: Absolute or despotic control or power (American Heritage);
Def. #3: Absolute or supreme power or authority (Collins English Dictionary);
Def. #1: A type of government where absolute sovereignty is allotted
to an individual or small clique (Wikipedia).
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained, you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” Sun Tzu, The Art of War
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Sunday, December 03, 2017
Signs That This Stocks Bull Market Is On Its Last Leg - Part2 / Stock-Markets / Stock Market 2017
In this post we want to share two interesting sets of data that we find are interesting and add to the case of a stock market top is highly likely to take place in 2018. Be sure to read Part I “How to Know When A Bull Market Is About to End”.
First, let’s take a look at the “Hindenburg Omen” which was developed by Jim Miekka as an early warning of a stock market correction. While it’s not super effective in terms of timing market turns it can be very useful in assessing the overall strength of an uptrend.
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Sunday, December 03, 2017
SPX Throws Over Two Trendlines, NDX Reverses From New High / Stock-Markets / Stock Market 2017
VIX challenged its mid-Cycle resistance at 14.54 this week, breaking out above its November 15 high at 14.51. It has since made a 62% retracement. A further breakout above the Ending Diagonal trendlne suggests a complete retracement of the decline from January 2016, and possibly to August 2015.
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Sunday, December 03, 2017
How to Turn off / Reset Vauxhall Zafira Service Inspection Reminder Light / Personal_Finance / How to Guides
Here's how to easily rest your Vauxhall Zafira's Inspection reminder warning light that appears annually reminding owners to get their cars serviced which is fine, but a problem if owners want to save money and self service themselves or if they hardly drive their Zafira's.
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Saturday, December 02, 2017
A Stock Market Reset May be Coming / Stock-Markets / Stock Market 2017
I had a chance to compare my long-term charts with a couple other analysts’ charts of the DJIA and SPX over the past 8 years. While there are some differences in interpretation, we all seem to agree that the rally may be over.
The big curve ball was the errant Wave (B) in 2011 that threw off the analysis for a long while. The second curve ball was this year’s Wave structure. It turned out that Wave (4) bottomed in August instead of March, as I had been suggesting. The corrected pattern makes much more sense and appears complete.
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Saturday, December 02, 2017
Volatility: Dead - or Just "Sleeping"? / Stock-Markets / Volatility
Learn about the danger of "quiet markets" (and what happens after)
Watch as our own Murray Gunn explains why you shouldn't get too comfortable with the lack of volatility in the markets.
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Saturday, December 02, 2017
How Will Gold End 2017? / Commodities / Gold and Silver 2017
The 2017 is almost gone. The last eleven months were not perhaps a spectacular time for gold, but it managed to rise more than 12 percent year-to-date, as one can see in the chart below.
Chart 1: Gold prices year-to-date (London P.M. Fix).
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Saturday, December 02, 2017
Gold Junior Stocks Q3’17 Fundamentals / Commodities / Gold & Silver Stocks 2017
The junior gold miners’ stocks have spent months grinding sideways near lows, sapping confidence and breeding widespread bearishness. The entire precious-metals sector has been left for dead, eclipsed by the dazzling Trumphoria stock-market rally. But traders need to keep their eyes on the fundamental ball so herd sentiment doesn’t mislead them. The juniors recently reported Q3 earnings, and enjoyed strong results.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.
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Friday, December 01, 2017
Bitcoin Possible Correction / Currencies / Bitcoin
Bitcoin might be expensive according to Vítor Constâncio, Vice President of the European Central Bank. In his interview with CNBC, we read:
Investors flocking into bitcoin are taking a risk by buying at such high prices, the vice president of the European Central Bank (ECB) Vitor Constancio told CNBC Wednesday.
"It's a very particular asset, it's a speculative asset by definition looking to the developments in its price. Investors are taking that risk of buying at such high prices," Constancio noted.
Friday, December 01, 2017
Is a Stock Market Tax Bill Surprise Coming? / Stock-Markets / Stock Market 2017
SPX futures declined to 2631.25 in the overnight session, but appears to have recovered the majority of its decline. We may have seen the completion of an a-b-c correction that may probe the upper trendline or go to 2650.00 before reversing back down.
ZeroHedge reports, “Markets were thrown for a loop in the past 24 hours, with the Dow first soaring nearly 400 points on Thursday on expectations that tax reform was a done deal, when drama emerged just after the close when the Senate tax bill came this close to falling apart when the proposed "Trigger" was ruled as invalid, pushing a Thursday tax vote to this morning, and as of this moment the bill appears in limbo with the GOP scrambling to find ways to appease the sudden loud opposition among budget hawks.”
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Friday, December 01, 2017
Online Accounts Risks, One of Largest Brokerages Halts Online Trading After “Glitch” / ConsumerWatch / Cyber Crime
– ‘Technical issue’ at Fidelity temporarily blocks access to online accounts and halts online trading
– Fidelity is 3rd largest brokerage by client assets: $1.7 trillion at the end of 2016
– NatWest, RBS, Ulster Bank have experienced online banking “issues” in November
– Clients left without access to funds & failed payments & little to no recourse
– Social media exposing the banks’ and online trading platforms’ shortcomings
– Reminder that online accounts can be rendered non-viable and vulnerability of absolute dependence and digital cash, digital gold etc
Editor: Mark O’Byrne
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Friday, December 01, 2017
3 Global Financial Markets That Could Indicate an Interim Correction / Stock-Markets / Financial Markets 2017
Here are a few global ETFs with little room to drop in order to avoid daily chart technical breakdowns. That does not mean the end of the larger up trends, but could signal oncoming intermediate corrections if they do fall further and close the week that way (pre-market is red). The question would be, are they leading the fiscally drunk US market and its chronic tweeter in chief/stock pumper?
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