Thursday, June 15, 2017
The War On Cash Is Now Becoming The War On Cryptocurrency / Currencies / Bitcoin
By: Jeff_Berwick
The US government is the most bankrupt government in the history of the world. At $19.9 trillion, nothing even comes close. The next closest are the EU and Japan with approximately $9 trillion in debt… not even half as much as the US!
And, when you add up all US government debt and liabilities - which are things already spent but which need to be paid for in the future - it works out to somewhere between $100 and $200 trillion.
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Thursday, June 15, 2017
The US Dollar Bull Case / Currencies / US Dollar
By: Rambus_Chartology
I see just about everyone has their own theory or trading discipline on where the US dollar is headed next. It’s all these different ideas that make the markets work. Everyone can’t be bullish at the bottom or bearish at the top, it’s just the way it has to be.
For my 2 cents worth I’m still looking at the possible fractal, bullish rising wedge as a halfway pattern to the upside. I did an in depth report on currencies and the US dollar several months ago in which I showed how it could play out. Since that report the US dollar has declined down to the point, where if the fractal is going to work, now is the time for the US dollar to put in its bottom.
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Thursday, June 15, 2017
Gold-Silver Ratio: Debunking The Myth / Commodities / Gold and Silver 2017
By: Kelsey_Williams
A 16-to-1 gold to silver ratio has been the Holy Grail of some silver investors since the mid-sixties.
Unfortunately, fifty years later, it is a quest that continues unabated without success.
In fact, there is evidence that contradicts and widens the chasm that separates wishful thinking from reality.
In the Mint Act of 1792, the U.S. government arbitrarily chose a 16 to 1 ratio of gold prices to silver prices. The actual prices were set at $20.67 per ounce for gold; and $1.29 per ounce for silver.
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Thursday, June 15, 2017
The Pros and Cons of Bitcoin and Blockchain / Currencies / Bitcoin
By: Rodney_Johnson
In October 2015 we held our Irrational Economic Summit in Vancouver. The weather was awesome, and the conference went well. Part of the final session was a Q&A with Harry Dent, myself, and Dr. Lacy Hunt.At one point, an attendee asked about bitcoin.
I told the audience in no uncertain terms that bitcoin was effectively dead. Whether it died a quick death or lingered for years, the cryptocurrency could not survive because governments would not allow it.
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Thursday, June 15, 2017
The Retail Sector Downfall We Saw Coming / Stock-Markets / Retail Sector
By: Harry_Dent
It’s like a scene out of “Resident Evil.”Sheets of newspaper scratch along the dusty linoleum floor as the wind beats them into the remnants of a bench… or through the open glass door and into the darkened, empty space beyond.
Escalators haven’t run in decades.
The air itself looks dusty.
Could this really be the future of the American mall?
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Thursday, June 15, 2017
Charts That Explain Why The US Rule Oil Prices Not OPEC / Commodities / Crude Oil
By: John_Mauldin
BY GEORGE FRIEDMAN AND JACOB L. SHAPIRO : There’s no end in sight to slumping oil prices. That’s good news for consumers, but a dire trend for major oil producers like Saudi Arabia and Russia. And now, rising US oil production and exports are contributing to the slump.
Last week, oil prices reached new lows for 2017, with Brent crude dipping below $48 per barrel and West Texas Intermediate dipping below $46. The drop has been attributed to an unexpected increase in US crude inventories.
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Thursday, June 15, 2017
With This Extent of Passive Investing, Even a Minor Correction Will Be Disastrous / Stock-Markets / Investing 2017
By: John_Mauldin
Last week, Doug Kass sent around an e-mail comparing today’s markets to Queen’s classic “Bohemian Rhapsody.” I know that seems odd, but it was actually a good fit.
The point is that, like the song says, “Nothing really matters” to whoever is buying stocks these days.
They just keep buying and pushing prices higher. Stock prices do go higher in a bull market, and sometimes, as the end approaches, they make value investors very uncomfortable.
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Thursday, June 15, 2017
How to Find the Best Auto Loan / Personal_Finance / Debt & Loans
By: Boris_Dzhingarov
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Wednesday, June 14, 2017
Ultra-low Stock Market Volatility #ThisTimeIsDifferent / Stock-Markets / Stock Market 2017
By: Axel_Merk
We increasingly see claims low volatility in the markets may be structural. Even as we agree that some of the analyses we see make good points, we are concerned we may be setting ourselves up for a major shock. Let me explain.
Before getting into the details about the current environment, let me make some general observations. In my experience, complacency, with its cousin low volatility, is the best bubble indicator I am aware of. Perceived safety gets investors to pile into investments that they later regret. When it happens on a massive scale, major market distortions may be created that can lead to financial crises. And as the tech bubble that burst in 2000 shows, even if there is no systemic risk, the unwinding can be most painful to investors. In 2008, however, the perception that home prices always had to rise had become engrained in highly levered, yet illiquid, financial instruments, causing the unwinding to bring the global financial system to its knees. In our assessment, however, make no mistake about it: assuming for a moment the next crash won't take down a major bank, doesn't imply it cannot wipe out much more of your wealth than you ever anticipated.
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Wednesday, June 14, 2017
UK Housing Market Forecast to Take Hit on Political Uncertainty / Housing-Market / UK Housing
By: GoldCore
- Growing evidence of slowdown in UK property market
- Slow-down in activity in UK housing market in run up to UK election
- Average UK house prices dropped in the three months to May
- Halifax report annual house price growth fallen to a four-year low of 3.3 percent.
- “Political instability breeds procrastination on the part of homebuyers and sellers”
- Sterling drop will increase divide in housing market, first time buyers continue to struggle
- House price growth has lost momentum, volumes continue to drop
Wednesday, June 14, 2017
DOLLAR has recently damaged GOLD and SILVER- viewed in MRI 3D charts / Commodities / Gold and Silver 2017
By: Stephen_Cox
About 10 days ago MRI Trading Signals posted a FEATURED article on the bottom of our home page titled DOLLAR CROSSROAD? In it are 20 charts showing the potential impact a Dollar Index bottom would have on Gold and other exogenous markets.
This article is an update. So far this week, DX has traded inside last week’s narrow range. Once that changes Gold and Silver will react- perhaps dramatically. Tomorrow, June 14, the FOMC minutes are released.
The MRI 3D Report recommended last Wednesday evening to buy DXU17 @ 96.660 LMT with a 0.220 sized 96.440 STOP GTC. Friday showed to be a top (temporary?), so our updated 97.070 STOP GTC was elected Sunday and we’re flat thru the FOMC.
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Wednesday, June 14, 2017
GBPUSD Broke below 1.2755 Support / Currencies / British Pound
By: ElliottWave-Forecast
GBPUSD recently broke below 1.2755 support on its daily chart, indicating that the short term bullish movement from the March 14 low of 1.2109 had completed at the May 18 high of 1.3047 already. Further decline would likely be seen over the next several weeks.
Wednesday, June 14, 2017
US Dollar Acceleration Phase is Dead Ahead! / Stock-Markets / Financial Markets 2017
By: Enda_Glynn
My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: N/A. USD: CPI m/m, Retail Sales m/m, Crude Oil Inventories, FOMC Statement, Federal Funds Rate, FOMC Press Conference.
Wednesday, June 14, 2017
Bitcoin Price Corrects / Currencies / Bitcoin
By: Mike_McAra
Bitcoin is now a lot more popular among mainstream investors than it was only a couple days ago. This is perhaps evidenced by the fact that the digital currency made its way to Bloomberg Markets homepage. In the short piece we read:
Bitcoin rose as much as 5.8 percent to an all-time intraday high of $2,999.98. The virtual currency has tripled its value since the beginning of the year amid greater acceptance of the blockchain technology that underpins the exchange method, global political uncertainty and increased interest in Asia. Skeptics have said that there may be a bubble in the making as bitcoin has repeatedly broken records without showing signs of slowing.
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Wednesday, June 14, 2017
Hell Freezes Over: CFTC Finds Trader Guilty of Metals Price Rigging / Commodities / Metals & Mining
By: MoneyMetals
It must have been painfully awkward for the Commodity Futures Trading Commission (CFTC).
Last year, Deutsche Bank settled a civil suit involving blatant market rigging and turned over reams of information, including chat logs and voice recordings. The trove contained plenty of damning evidence which had gone overlooked by the CFTC.
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Wednesday, June 14, 2017
Hit or Pass? An Overview of 2017’s Best Ranked Stocks / Commodities / Sector Analysis
By: Submissions
Subject to an entire array of occult myths, the stock market is, in fact, the platform through which companies raise money. After an IPO – initial public offering – based on the estimated value of the company at the time, the ownership is split into a number of shares. Each share is a piece of the company.
However, the primary activity of the stock market takes place after the IPO. Having been attributed a value, the shares are constantly being bought or sold on the stock market, increasing or decreasing in price. The largest markets, such as the NYSE or NASDAQ, have millions of shares issued, with thousands of investors who buy or sell in a single day. This high volume of shares that change hands means that in that particular market, it is easy to buy or sell shares.
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Wednesday, June 14, 2017
Rise Gold to Recommence Work at Idaho Maryland Mine After 60 Years / Commodities / Gold and Silver Stocks 2017
By: WallStreetNation
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Wednesday, June 14, 2017
Bitcoin Is Mania And Not A Store of Value… I Sold-Out Last Week / Currencies / Bitcoin
By: John_Mauldin
By Stephen McBride : The price of Bitcoin has risen by 210% since March to over $2,900… and one of the world’s most successful investment strategists is warning investors to stay away.
Speaking at the Mauldin Economics’ Strategic Investment Conference, Raoul Pal—author and publisher of The Global Macro Investor, an elite macroeconomic and investment research service—said Bitcoin’s explosion upward is mania.
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Wednesday, June 14, 2017
Here’s Why Market Deregulation Will Be Bad For Stocks / Stock-Markets / Market Regulation
By: John_Mauldin
BY PATRICK WATSON : Deregulation was one of President Trump’s top campaign promises. Expectations for it helped spark a post-election stock rally that boosted highly regulated sectors like banking and biotech.
I’ve thought all along people expected too much. Presidents don’t get a magic wand on Inauguration Day, and they can’t bring on major change just by talking about it.
Now, formerly bullish investors and business leaders are starting to curb their enthusiasm.
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Wednesday, June 14, 2017
Stock Market Tech Shakeout! / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: Uptrend continues with a serious loss of upside momentum in weekly indicators.
SPX Intermediate trend: Correction over. May be heading for about 2500, or fall slightly short of it.
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 discuss longer market trends.
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