Thursday, November 02, 2017
Bank of England Hikes UK Interest Rates 100%, Reversing BREXIT PANIC Cut! / Interest-Rates / UK Interest Rates
By: Nadeem_Walayat
The Bank of England with much forewarning hiked UK interest rates by 100% today, raising the base interest rate from 0.25% to 0.5%. However, before everyone starts to panic that this heralds the start towards of rates rising to pre 2008 levels, instead the reality is that all that the Bank of England has done is to reverse the PANIC BREXIT INTEREST RATE CUT of August 2016. Which had seen the Bank of England cut interest rates to there lowest levels in the Bank of England's 320 year history. Which followed over 7 years of rates being held at 0.5% the duration of which had seen virtually ALL economists reveal the true extent of their ineptitude as they had collectively consistently forecast that UK Interest rates were always just about to head higher, that a a series of rate hikes were always just months away, which not only never materialised but culminated in the reality of a RATE CUT last year!
Thursday, November 02, 2017
Fireworks Dangers Safety Tips for Kids, School Children on Guy Fawkes Bonfire Night 2017 / ConsumerWatch / Health and Safety
By: Anika_Walayat
It's going to be bonfire night again soon and already groups of teens can be seen roaming the streets letting off fireworks in all directions. So here is a timely reminder that fireworks can be VERY DANGEROUS if not handled correctly even for adults, which is why children should never handle fireworks!
Thursday, November 02, 2017
NZDUSD Failed To Break Below 0.6817 Support / Currencies / Forex Trading
By: Franco_Shao
The NZDUSD pair failed in its attempt to break below 0.6817 support and bounced off to 0.6940 area, suggesting that consolidation for the downtrend from 0.7557 is needed. Further rally would likely be seen in the coming days and next target would be at 0.7000 area.
Thursday, November 02, 2017
Who Will Be the Next Fed Chief - And Why It Matters / Interest-Rates / US Federal Reserve Bank
By: Dan_Steinbock
Janet Yellen's term is ending at the Federal Reserve. With new appointments, President Trump can indirectly shape US monetary policy for years to come - for better or worse. Serving as the “epitome of calm,” Fed chief Ben Bernanke responded to the global financial crisis by cutting the federal funds rate to zero and initiating rounds of quantitative easing (QE) soon thereafter.
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Thursday, November 02, 2017
Do Fundamentals Drive Bitcoin? Are You Kidding Me? / Currencies / Bitcoin
By: Avi_Gilburt
Is Bitcoin worth over $6600? Well, that is the price traders are bidding for it when this article was written.
Every MBA student is taught many means of evaluating or valuing securities. Discounted cash-flow and Capital Asset Pricing Models are a couple of valuation methods. Moreover, fundamental oriented stock traders tend to use ratios like Price to Sales, Price to Earnings or Price to Book to value stocks.
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Thursday, November 02, 2017
Government Finances and Gold - Cautionary Tale told in Four Charts / Interest-Rates / US Debt
By: Michael_J_Kosares
“President Trump, in complete contradiction to candidate Trump, has praised Yellen for being a ‘low-interest-rate-person.’ One reason Trump may have changed his position is that, like most first-term presidents, he thinks low interest rates will help him win reelection. Trump may also realize that his welfare and warfare spending plans require an accommodative Fed to monetize the federal debt. The truth is President Trump’s embrace of status quo monetary policy could prove fatal to both his presidency and the American economy.” – Ron Paul, Institute for Peace and Prosperity
Editor’s note: This issue of our newsletter features several interactive, live charts offered in conjunction with the St. Louis Federal Reserve and the ICE Benchmark Administration/LBMA. You can access statistical details by moving your cursor over the charts. If the chart does not automatically update, please move the toggle button on the year bar all the way to the right. We invite you to bookmark this edition for future reference.
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Thursday, November 02, 2017
Regulation Is Killing Community Banks - Public Banks Can Revive Them / Politics / Banking Stocks
By: Ellen_Brown
At his confirmation hearing in January 2017, Treasury Secretary Stephen Mnuchin said, "regulation is killing community banks." If the process is not reversed, he warned, we could "end up in a world where we have four big banks in this country." That would be bad for both jobs and the economy. "I think that we all appreciate the engine of growth is with small and medium-sized businesses," said Mnuchin. "We're losing the ability for small and medium-sized banks to make good loans to small and medium-sized businesses in the community, where they understand those credit risks better than anybody else."
Thursday, November 02, 2017
More Trade Barriers Are Coming—Make Sure You’re On The Right Side / Economics / Protectionism
By: John_Mauldin
BY PATRICK WATSON : If you think economics is boring, bring up “free trade” and see what happens. I guarantee sparks will fly.
Some people preach free trade’s many blessings. Others curse the very idea, insisting free trade hurts honest working people.
Lately, this has become more than a theoretical argument.
President Trump came into office pledging to renegotiate or cancel trade agreements he thought unfair to the US. Meanwhile, the UK seems headed toward a “hard Brexit” from the European Union.
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Thursday, November 02, 2017
The Magnitude of Job Loss We Will See in the Next 20 Years Is Staggering / Economics / Employment
By: John_Mauldin
In the next 20 years, we will see more change and improvement than we’ve seen in the last hundred. Think where we were 100 years ago and how much has changed since then. That much and more is going to happen in the next two decades.
Global society really is going to transform that fast.
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Thursday, November 02, 2017
Formidable Fort of Forex / Currencies / Forex Trading
By: Kavinesh_A
Trading has increased enormously over the years and has been impacting the markets in a very commendable manner. The importance of money markets, the economic awareness of the trader, the finances. Which are to be carefully worked out and many more aspects which have to be sorted every time the come on to the table which need to be addressed. So trading isn't any child's play and is quite demanding at times which make the crux of important decision making as well which just not relies on one or two aspects but on a very wide aspect as well pertaining to the subject such as the role of foreign exchange markets as well on it.
Thursday, November 02, 2017
Invest In Gold To Defend Against Bail-ins / Commodities / Gold and Silver 2017
By: GoldCore
– Italy’s Veneto banking meltdown destroyed 200,000 savers and 40,000 businesses
– EU bail-in rules have wiped out billions for savers and and businesses, with more at risk
– Bail-ins are not unique to Italy, all Western savers are at risk of seeing savings disappear
– Counterparty-free, physical gold bullion is best defence against bail-ins
Thursday, November 02, 2017
Investing in Solar Energy : SunPower SPWR / Companies / Solar Energy
By: ElliottWave-Forecast
SunPower Corporation (NASDAQ:SPWR) is the biggest commercial solar company in the U.S. The energy company designs manufactures and delivers high-performance solar electric systems worldwide for residential commercial and utility-scale power plant customers. Its high-efficiency solar modules and a commercial solution called Helix makes solar projects turnkey for installers, helping businesses, schools, and municipalities across the country save money by going solar.
Thursday, November 02, 2017
Timing the Peak in Stock Market / Stock-Markets / Stock Market 2017
By: ElliottWave-Forecast
Is Stock Market Valuation in Bubble Territory?
Many analysts and forecasters argue that stock market is in bubble territory and about to do significant correction or even a crash. There’s a lot of reasons given, both from fundamental and technical point of view. For example, some popular reasons are:
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Thursday, November 02, 2017
The Next Chair of the Fed and Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
Janet Yellen’s term as Federal Reserve chair ends on February 3rd. President Trump is expected to announce the new Federal Reserve Chair very soon, perhaps even this week. He said that we’ll get to know his choice before a tour in Asia in early November. Since that has not taken place so far, we would like to prepare you for the outcomes of Trump’s possible decisions. Moreover, we will analyze which candidate would be the best for the gold market.
Wednesday, November 01, 2017
USDCNH Broke Below Price Channel Support / Currencies / Forex Trading
By: Franco_Shao
USDCNH recently broke below the bullish price channel on the 4-hour chart, suggesting that the short term uptrend from 6.5555 had completed at 6.6635 already. Further decline would likely be seen over the next several days.
Wednesday, November 01, 2017
If You Are Long Broad ETFs Like VT, You Have Given Up / Companies / Exchange Traded Funds
By: John_Mauldin
BY JARED DILLIAN : I am going to melt your brain today. Vanguard has an ETF (ticker: VT) that allows you to get long world stock markets.
This raises all sorts of interesting philosophical questions.
You see, if you are long every stock in the world, you are basically long global economic growth. Which is weird! Who has an opinion on global economic growth?
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Wednesday, November 01, 2017
Want to Be a Trader? Start by Mastering Elliott Waves -- Here's Why / InvestorEducation / Elliott Wave Theory
By: GoldCore
A few tips from someone who's lived financial markets for almost 25 years
In this new interview with Jeffrey Kennedy, the editor of our Commodity Junctures & Trader's Classroom services, he offers a few trading tips for those who are newer to the Wave Principle and explains how Elliott wave analysis helps you master ALL forms of technical analysis.
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Wednesday, November 01, 2017
Stumbling UK Economy Shows Importance of Gold / Commodities / Gold and Silver 2017
By: GoldCore
– UK economy outlook bleak amid Brexit, debt woes and rising inflation
– Confidence in UK housing market at five-year low
– UK high street sales crash at fastest rate since 2009
– Number registering as insolvent in England and Wales hit a five-year high in Q3
– UK public finance hole of almost £20bn in the public finances set to grow to £36bn by 2021-22
– Protect your savings with gold in the face of increased financial woes in UK
This week markets will be watching the UK with baited breath as the Monetary Policy Committee meets this Thursday to discuss a potential rate rise.
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Wednesday, November 01, 2017
QE’s Untold Story: A Chart That Fed Correspondents Need To Investigate / Interest-Rates / Quantitative Easing
By: F_F_Wiley
We’ve produced some research over the years that we’d love to see the powers-that-be react to, but none more so than our look at financial flows during the QE programs.
By netting all lending by banks and broker-dealers and then comparing it to the Fed’s lending, we stumbled upon a chart that seemed to show exactly what QE does or doesn’t do. But “doesn’t,” not “does,” was the story, and it couldn’t have been clearer. Or shown a more stimulating pattern. To geeks like us, our Excel click on “Insert, Line” was like stepping from a shady trail to a sunny vista.
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Wednesday, November 01, 2017
How to Start Trading on Gold Commodity / Commodities / Gold and Silver 2017
By: Submissions
Commodities and commodity trading have always been favorite instruments for many global investment managers. Automatically, the capital turnover that occurs in the commodity market is quite competitive. Commodities can be defined as goods that are physically substantial, such as agricultural and mining products. On the commodities, investors or traders can make a purchase or sale either through the futures market or a spot market. The commodity instrument is one of the few investment instruments in which participants with small capital can possibly earn decent profits in a relatively short period of time. CFDs on commodities are also popular, though finding a “place to trade” is something important, and capital.com is one of thereliabletrading platforms.Read full article... Read full article...