Wednesday, October 04, 2017
Tax Reform: Implications for Gold / Commodities / Gold and Silver 2017
By: Axel_Merk
Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me explain.
If you were to analyze the impact of any tax changes on any asset, you have two sets of dynamics to consider: those of the tax reform and those of the asset. What makes the comparison to gold unique is that gold is, if I may call it such, the purest of all assets because it doesn’t change. It is the world around it that changes.
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Wednesday, October 04, 2017
Will GBP/USD Decline under 1.3200 in Coming Week? / Currencies / British Pound
By: Nadia_Simmons
Yesterday, the greenback moved sharply higher against the British pound, which approached GBP/USD to the previously-broken August peaks. Will this support manage to stop currency bears in the coming days?
Wednesday, October 04, 2017
Safe Haven Silver To Outperform Gold In Q4 And In 2018 / Commodities / Gold and Silver 2017
By: GoldCore
– Safe haven silver to outperform gold in Q4 and 2018
– “Expect silver to eventually outperform gold” say Metals Focus
– 2017 YTD, silver has underperformed gold, climbing by 5% versus 11%
– Silver undervalued versus gold and especially stocks, bonds and many property markets
– Will follow gold’s reactions to macroeconomic & geopolitical factors and should outperform gold
– Special report on India shows it accounts for just 16% of global silver demand
– Silver a “safe haven at times during which gold failed to be” according to academic research
Wednesday, October 04, 2017
The Next Big Offshore Oil Boom Is About To Happen Here / Commodities / Oil Companies
By: OilPrice_Com
Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil.
On Wednesday, the country’s National Petroleum Agency put 287 oil and gas blocks up for auction, and only 37 found buyers. Too few, it might seem at first. But the proceeds came in at more than US$1.2 billion—a hefty share of this pledged by heavyweight Exxon. The NPA’s expectations for the proceeds were much more modest, at $157 million.
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Wednesday, October 04, 2017
Did You See the 30% Rise in This Major Global Stock Index? (Video) / Stock-Markets / Stock Market 2017
By: EWI
Did You See the 30% Rise in This Major Global Stock Index?
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Wednesday, October 04, 2017
U.S. Mint Gold Bullion Coin Sales Dive as Buyers Take Advantage of Secondary Market / Commodities / Gold and Silver 2017
By: MoneyMetals
The U.S. Mint is on track for the lowest sales of American Eagle coins in almost a decade. The 2008 financial crisis began a historic ramp up in sales that lasted for years. 20,583,000 silver American Eagles sold that year, more than double the 2007 total of 9,028,036 coins.
In all but one year thereafter the Mint set a new record. Sales peaked in 2015 at 47,000,000 Silver Eagle coins – 5 times the number sold before the world discovered just how rickety the global financial system actually is.
Wednesday, October 04, 2017
Tools for Doing Successful Real Estate Marketing / Housing-Market / US Housing
By: Kavinesh_A
Today you have all kinds of tools you can use for doing good marketing of real estate. Besides the traditional billboards and signs, there are also plenty of other tools that have been very successful if you want to sell property fast. Online marketing is essential of course, but offline real estate marketing should never be neglected. The following are some tools that should help you make successful real estate marketing.Read full article... Read full article...
Wednesday, October 04, 2017
Plan for Run On The British Pound / Currencies / British Pound
By: GoldCore
Run On The Pound ? Jeremy Corbyn Says Should Plan For
– Right to plan for ‘run on pound’ if Labour wins says Corbyn and Labour party
– British pound already down 20% since Brexit, collapse already in play
– Run on the pound likely due to Labour’s ‘command economy’ approach
– Collapse in Sterling would undermine UK financial system
– Portfolios holding sterling and related assets would be significantly affected
– Pension funds and property the most likely to get hit by run on the pound
– Gold to benefit as sterling collapse picks up pace
Editor: Mark O’Byrne
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Tuesday, October 03, 2017
Will North Korea Boost Gold Prices? Part2 / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
The turn of 2012 to 2013 was a time of escalated tensions between North Korean and the U.S, comparable to recent strains. Hence, the analysis of that period should be valuable for gold investors curious whether (and how) the latest crisis on Korean Peninsula would affect the precious metals market. On December 12, 2012, North Korea successfully launched a long-range rocket, testing a banned ballistic missile and raising nuclear stakes. In response, the U.N. Security Council approved the broadening of sanctions. But North Korea ignored them and on February 12, 2013 it undertook an underground nuclear bomb test. As the test triggered another, even harsher sanctions, North Korea threatened the U.S. with a preemptive nuclear strike on March 7. On March 30, North Korea declared a “state of war” against South Korea, and Kim Jong-un said that “rockets were ready to be fired at American bases in the Pacific.” On April 2, the North Korean military declared that the war could break out “today or tomorrow”. Tensions remained elevated until May, but they did not boost gold prices. Actually, in April there was a historic slide, as the next chart shows. Hence, if history is any guide, the fresh unease about North Korea will not provide any sustained support for the gold prices.
Tuesday, October 03, 2017
GBPUSD Failed To Break Above Long Term Bearish Trend Line / Currencies / British Pound
By: Franco_Shao
GBPUSD failed in its attempt to breakout of the long term resistance trend line from 1.7190 to 1.5016 on the weekly chart and pulled back from 1.3657, suggesting that a short term top had been formed.
Tuesday, October 03, 2017
Will Crude Oil Drop under $50 in Coming Week? / Commodities / Crude Oil
By: Nadia_Simmons
Although the price of black gold increased a bit on Friday, the commodity closed the whole week below important resistance lines and invalidated earlier breakouts. What does it mean for crude oil?
Crude Oil’s Technical Picture
Let’s take a closer look at the charts below and find out (charts courtesy of http://stockcharts.com).
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Tuesday, October 03, 2017
Gaming Operators Take Notice of Bitcoin Trend / Companies / Gambling
By: Steve_Marks
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Tuesday, October 03, 2017
Used Car Buying From UK Dealer Top Tips, CarMotion.co.uk Real Customer Experience / ConsumerWatch / How to Guides
By: N_Walayat
Here are my top tips for buying a used car from a UK dealer based on experience and lessons learned from my last purchase from CarMotion.co.uk that proved valuable in terms of lessons learned for next time, mistakes I don't intend on repeating for my next purchase of a USED car in the region of between £20k to £30k.Read full article... Read full article...
Tuesday, October 03, 2017
This Tech Breakthrough Will Save The Electric Car Market / Commodities / Electric Cars
By: OilPrice_Com
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Tuesday, October 03, 2017
Precious Metals Monthly Charts / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
The precious metals sector started September with a bang. Gold, which had already eclipsed $1300/oz, pushed to $1360/oz while Silver broke its downtrend line (from its late 2012 and 2016 peaks). Unfortunately, precious metals would soon reverse course and more. Gold ended September down nearly 3% and below $1300/oz. Silver lost 5% and its breakout. The gold mining indices (GDX, GDXJ, HUI) lost 7% to 8%. The monthly charts argue the major breakout from multi-year bottoming patterns will have to wait until 2018 at the soonest.
Tuesday, October 03, 2017
Stock Market Combo Chart…Breakouts / Stock-Markets / Stock Market 2017
By: Rambus_Chartology
All the different stock market indexes have now broken out above the top rail of their rising patterns except for the two tech indexes. The IWC, micro caps, continues to be the strongest sector. I know it may not feel like it, but rising wedges and flags that slope up in the same direction of the uptrend tells us the uptrend is very strong.
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Tuesday, October 03, 2017
Totalitarian Collectivism / Politics / Social Issues
By: BATR
A Culture of Authoritarianism = A Society of Totalitarianism
The impact of the 21st Century in its short phylogenesis has produced a pseudonymous willingness to accept the most threatening viewpoints and behavior yet seen on the planet. Implied within this overview is the precept that free will is the natural basis of our collective makeup. Nevertheless, the flight from personal liberty and constructive communal cultural values has been in an unimpeded free fall as the coercion of the mob intensifies. According to this groupthink, no competing ontology is acceptable in this brave new world of multicultural purity. This snake pit of toxic venom has been poisoning the popular culture for dozens of decades. So far the battle for sanity has fought off the scourge. However, the recent escalation of pernicious assaults on the decency of human freedom has become indisputable.
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Monday, October 02, 2017
The Fed’s Tightening Because the US Dollar Is in Big Trouble / Currencies / US Dollar
By: MoneyMetals
Mike Gleason: It is my privilege now, to welcome back our good friend David Morgan, of The Morgan Report. David, it's always a real pleasure to have you on with us. How are you, sir?
David Morgan: Mike, I'm doing well. Thank you for having me.
Mike Gleason: Well, first off, let's discuss what's been driving the recent pullback in your view. Gold was over $1,350 not too long ago and is now is decisively back under $1,300, as we're talking here on Wednesday afternoon. Silver has pulled back, and is moving toward the lower end of its year-long trading range, and has a 16 handle, once again. So what do you make of the recent market action, and what's behind it David?
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Monday, October 02, 2017
Bitcoin is Not New and Improved Money / Currencies / Bitcoin
By: Michael_Pento
Cryptocurrencies are being billed as a new and improved form of money that has been offered to us courtesy of technological evolution. There is a big problem with this conclusion. That is, digital money is not money at all. And proving this truth serves to underscore why gold has been utilized as the best form of money for thousands of years.
In the 2013 film titled “Her,” lonely Theodore, played by Joaquin Phoenix, falls in love with Samantha, an operating system. Despite Samantha’s lack of physical presence, the two have a somewhat normal relationship that includes vacations, socializing with friends, fights and even jealousy. But just as the audience starts buying into this unconventional pairing the plug is pulled on Samantha, and she disappears into a cyberspace vortex; leaving poor and lonely Theodore heartbroken.
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Monday, October 02, 2017
The Fed Knew QE Wouldn’t Work From The Start / Interest-Rates / Quantitative Easing
By: John_Mauldin
When is a mystery not a mystery? When Janet Yellen is puzzling over a lack of inflation, that’s when. So says Brian Wesbury, chief economist, and Robert Stein, deputy chief economist of First Trust, in the following essay (featured in my Outside the Box).
The bottom line: QE didn’t work—and Janet knew it was unlikely to work—from the start.
So where did all that easy money go? I think I’ll let the authors tell you. I think you’ll enjoy this brief, clear-headed essay.
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