Saturday, August 21, 2021
The Rise And Fall Of Gold Stocks / Commodities / Gold and Silver Stocks 2021
By: Kelsey_Williams
The rise and fall of gold stocks is a story of hurt and disappointment. That is because most of the time gold stocks are in decline.
Below are four charts which depict the sad story. Following each chart I will make some brief comments…
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Saturday, August 21, 2021
Markets Making the Fed Blink / Stock-Markets / Financial Markets 2021
By: Monica_Kingsley
Sea of red in stocks, reversed shortly after the open – is the worst behind? Remembering my Tuesday‘s words bringing up again downside risk (these have been growing for quite a few days before already), I don‘t think so – I consider yesterday‘s volatility as likely not to have yet peaked, and the VIX close above 21 could be overcome perhaps as early as Tuesday.
It‘s that the shift in sentiment to risk off is everywhere to be seen – surging dollar, declining yields, value doing way worse than tech, gold outperforming silver, gold holding up very well, copper and oil striving to bottom, inflation expectations approaching the lower end of its recent range, and quite a few more signs including from select currency pairs – pretty consistent with the takeaways from yesterday‘s extensive analysis. If you hadn‘t read this taper navigation game plan already, have a look, as the feedback was very positive:
(…) This is the time to be picky about where to be exposed to risks, which asset classes are likely to ride the taper and growth storms best. I think it would be copper over oil, and gold over silver. The stock market correction appears in its opening stages indeed, and cryptos still chopping around would be a great result. It‘ll take a while for the dollar to roll over to the downside, but look for it to do so over the medium to longer term, and keep an eye on Treasuries – would be great if they confirmed my midpoint economic cycle hypothesis and didn‘t spike. Finally, I expect the Fed to come to its senses as not enough of what‘s left of the free market, would step up to the plate and finance growing „building back better“ deficits. So far, so good.
Saturday, August 21, 2021
Gold Stocks Break to New Yearly Lows! / Commodities / Gold and Silver Stocks 2021
By: P_Radomski_CFA
Ladies and gentlemen, we have a breakdown! Gold stocks underperformed the yellow metal so much that they reached the lowest levels seen this year…
The HUI Index (gold stocks) broke to new 2021 lows while the USD Index broke to new 2021 highs. Just as I’ve been warning you.
Mining stocks’ extreme weakness relative to gold continued yesterday, and while it may seem like the weakness has to have a limit, this limit is likely still quite far from the markets right now.
Let’s take a look at the long-term HUI Index chart for details.
Saturday, August 21, 2021
How Alejandro Betancourt Lopez Transformed Hawkers Sunglasses Into a Market Leader / Companies / Investing 2021
By: Sumeet_Manhas
The co-founders of the Hawkers sunglasses brand had already achieved a significant amount of monetary success during its first three years of operation from 2013 to 2016. However, they realized they would need to seek outside funding to stay ahead of the bills and expand their brand beyond their home country of Spain.The Hawkers team experimented with Kickstarter campaigns in late 2015 and early 2016 with decent success. Seeking approximately $118,000 in United States currency ($100,000 in euros), the team raised almost $225,000 from 9,086 supporters. Alex Moreno, David Moreno, Pablo Sanchez, and Iñaki Soriano, the brothers and friends who originally launched Hawkers, certainly appreciated the support of their backers. They simply realized they would need to go much higher with their funding efforts to meet their business goals.
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Friday, August 20, 2021
Crazy Crypto Exchanges - How to Buy Bitcoin for $42k, Sell for $59k when BTC trading at $47k! / Currencies / Bitcoin
By: Nadeem_Walayat
The Crazy Crypto Wild Wild West Markets continue to offer unique trading apprentices, literally crazy opportunities such as being able to but Bitcoin for $41k and Sell for $59k whilst the price is trading at $47k! How? Find out in my latest crazy crypto wild wild west exchange trading video.
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Friday, August 20, 2021
I Stumbled Across a Massive Investing Opportunity in a Parking Lot / Companies / Investing 2021
By: Stephen_McBride
By Justin Spittler : One of the #1 ways to improve your investing returns is to simply:
Take notice of your immediate world.
Take the metaverse, for example—the new 3D, immersive internet that’s becoming more popular by the minute. If you have kids or grandkids, there’s a good chance they’re playing in the metaverse as I type. In fact, more than half of American children are taking part in the metaverse!
This is a powerful piece of information. It reminds me of the moneymaking opportunity in video game stocks in the ‘90s.
Friday, August 20, 2021
5 Ways to Spruce Up Your Garden / Personal_Finance / Home Improvements
By: Boris_Dzhingarov
Sprucing up your garden and the surrounding area is a great idea if you want to enjoy the outdoor space that you have. It’s also something that’s best approached during the late summer and early autumn months before the leaves start to fall and make a complete mess of it. Striking early is best when sprucing up your garden. Here are five ways to do so.
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Friday, August 20, 2021
Cardano, Pokadot and Chainlink Technical Buying Levels - My Crypto Market Investing Strategy for 2021 / Currencies / cryptocurrency
By: Nadeem_Walayat
1. BTC & ETH - My primary focus will be on building positions in BTC and ETH that will target approx 80% of my crypto portfolio, the balance spread between a number of Alt Coins such as Cardano and Pokadot.
2. Hold BUSD and USDC - In advance of buying crypto's I am funding my accounts (mainly Binance) with approx 50% of my target position size to as to capitalise on a high GBP exchange rate, converting into BUSD and USD whilst also correcting my initial error of holding USDT.
3. Place limit orders on approx half of the funds on account across the target crypto's in relatively nearby levels compared to the more distant levels i.e. BTC $21,500 and ETH $1400. Whilst my initial limit orders are far distant from the actual crypto prices as I am anticipating a decline in prices. However over time my orders will gravitate towards being nearer to the actual spot price i.e. over the next 6 months and where I could even be buy crypto at spot rather than with limit orders depending on what transpires over the remainder of this year due to various dynamics such as the Ravencoin halving due in Jan 2022 etc in advance of which I want to have a significant holding of raven coins.
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Friday, August 20, 2021
Why Silver’s Breakout Into a Major New Upleg Is Likely Soon / Commodities / Gold and Silver 2021
By: The_Gold_Report
Technical analyst Clive Maund charts silver and explains why he believes the metal is in the “perfect” buy spot.
Silver is now regarded as the best value hard asset around, and it really doesn’t matter in the long-term whether J. P. Morgan and the other banks try to suppress the price or not. Like gold, it has intrinsic value and, in the situation of high inflation that we are moving into and that has already started, when most asset prices are surging it is illogical to think that silver won’t do likewise.
If they insist on trying to sit on it, all that will happen is that the physical market will break completely from the paper market and they will be increasingly perceived as absurd. We should therefore take advantage of its current relatively very low price to accumulate silver investments across the board.
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Friday, August 20, 2021
S&P 500 Back Below 4,400. Dip to Buy or a New Downtrend? / Stock-Markets / Stock Market 2021
By: Paul_Rejczak
Stocks sold off yesterday as the fear of Fed tapering grew. Monday’s run-up was definitely a bull trap, and our short position is profitable now.
The S&P 500 index lost 1.1% on Wednesday and the futures contract continued selling off overnight. The index will most likely break below its late July consolidation and the support level of 4,370 this morning. However, it may get near a short-term bottom, as it gets closer to the 4,350 level. It’s the nearest important support level, marked by the three-month-long upward trend line, as we can see on the daily chart (chart by courtesy of http://stockcharts.com):
Thursday, August 19, 2021
Ravencoin (RVN) Buying Levels - My Crypto Market Investing Strategy for 2021 / Currencies / Currency War
By: Nadeem_Walayat
1. BTC & ETH - My primary focus will be on building positions in BTC and ETH that will target approx 80% of my crypto portfolio, the balance spread between a number of Alt Coins such as Cardano and Pokadot.
2. Hold BUSD and USDC - In advance of buying crypto's I am funding my accounts (mainly Binance) with approx 50% of my target position size to as to capitalise on a high GBP exchange rate, converting into BUSD and USD whilst also correcting my initial error of holding USDT.
3. Place limit orders on approx half of the funds on account across the target crypto's in relatively nearby levels compared to the more distant levels i.e. BTC $21,500 and ETH $1400. Whilst my initial limit orders are far distant from the actual crypto prices as I am anticipating a decline in prices. However over time my orders will gravitate towards being nearer to the actual spot price i.e. over the next 6 months and where I could even be buy crypto at spot rather than with limit orders depending on what transpires over the remainder of this year due to various dynamics such as the Ravencoin halving due in Jan 2022 etc in advance of which I want to have a significant holding of raven coins.
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Thursday, August 19, 2021
Gold Rallies on Softening Inflation. What’s Going On? / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
Inflation softened slightly in July and gold prices rose, but the bullish joy may be premature. How should we respond?Inflation eased a bit in July, but it remained disturbingly high. According to the latest BLS report on inflation, the CPI increased 0.5% in July after rising 0.9% in June. The core CPI, which excludes food and energy, also softened, as it rose 0.3% in July after increasing 0.9% in June. The deceleration was mainly caused by a much smaller advance in the index for used cars, which increased only 0.2% (it was 10.5% in June).
However, on an annual basis, inflation practically stayed unchanged since June, as the chart below shows. The overall index surged 5.4% for the second month in a row (on a seasonally unadjusted basis), while the core CPI soared 4.3%, following a 4.5% jump in the previous month.
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Thursday, August 19, 2021
Fed Between a Rock and a Hard Place / Stock-Markets / Financial Markets 2021
By: Monica_Kingsley
No, it‘s not about stocks, however well they hang on to recent gains. ATHs hit again amid recovering corporate credit markets, with both tech and value contributing. Value though was looking more vulnerable going into yesterday‘s session, and just one look at financials or energy confirms that – in the world of question marks over high pace of economic growth, it‘s the Fed that‘s between a rock and hard place.
On one hand, they have stubborn and quickening inflation to deal with (or pretend to deal with through the FOMC, the federal open mouth committee) – getting ahead of the curve means serious tightening (okay, first getting less loose monetarily, which is what taper is about). Given China‘s slowdown and corresponding U.S. figures projected, it would be a tall order to turn off the spigot into a weakening (but still growing) economy – that has potential to trigger quite a correction in stocks and risk-on assets. Note copper and oil paring recent gains, and going largely sideways for weeks – not rolling over, but the light is amber, irrespective of the infrastructure bill.
On the other hand, if the central bank does nothing, inflation would grow even more entrenched, sinking the stock market and economy over time, anyway. Don‘t forget about the massive spending – the Fed turning restrictive isn‘t the math favored outcome here.
Thursday, August 19, 2021
Surprising Consumer Activity May Suggest A Deeper Shift In The Markets / Stock-Markets / Financial Markets 2021
By: Chris_Vermeulen
Recent economic data suggests that US consumers are starting to pull away from the types of buying/spending activities we saw after the COVID virus event that shifted the US economy away from travel/office and towards work-from-home solutions. The deep decline in the US and global economic indicators, as a result of the COVID-19 shutdown, prompted an incredible recovery rally phase in the markets that had everyone chasing the uptrend in stocks, housing prices, and other assets. Now that we are beyond 15+ months after the March 2020 COVID lows, a new dynamic may be setting up in the markets.
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Thursday, August 19, 2021
Will the U.S. Currency Regime Fall? / Currencies / US Dollar
By: MoneyMetals
Afghanistan has fallen. The U.S. government’s nearly two-decade-long, multi-trillion-dollar “nation building” effort in the troubled, tribal country may now have nothing to show for itself.
“President Joe Biden and other top U.S. officials have been stunned by the pace of the Taliban’s nearly complete takeover of Afghanistan,” reports the Associated Press.
Unsurprisingly, they didn’t see it coming. Central planners almost never do.
They imagine their carefully constructed expert models backed by reams of data points and implemented with overwhelmingly superior resources will ensure victory. But to paraphrase the late former Secretary of Defense Donald Rumsfeld, there are “unknown unknowns” that make forecasting future events impossible.
Wednesday, August 18, 2021
Bitcoin (BTC) Buying Levels - My Crypto Market Investing Strategy / Currencies / Bitcoin
By: Nadeem_Walayat
1. BTC & ETH - My primary focus will be on building positions in BTC and ETH that will target approx 80% of my crypto portfolio, the balance spread between a number of Alt Coins such as Cardano and Pokadot.
2. Hold BUSD and USDC - In advance of buying crypto's I am funding my accounts (mainly Binance) with approx 50% of my target position size to as to capitalise on a high GBP exchange rate, converting into BUSD and USD whilst also correcting my initial error of holding USDT.
3. Place limit orders on approx half of the funds on account across the target crypto's in relatively nearby levels compared to the more distant levels i.e. BTC $21,500 and ETH $1400. Whilst my initial limit orders are far distant from the actual crypto prices as I am anticipating a decline in prices. However over time my orders will gravitate towards being nearer to the actual spot price i.e. over the next 6 months and where I could even be buy crypto at spot rather than with limit orders depending on what transpires over the remainder of this year due to various dynamics such as the Ravencoin halving due in Jan 2022 etc in advance of which I want to have a significant holding of raven coins.
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Wednesday, August 18, 2021
The Long Shadow Over Reflation Market Trades / Stock-Markets / Financial Markets 2021
By: Monica_Kingsley
Consumer confidence undershoot didn‘t bring down stocks as the retreat in yields (away from the reflation trades) didn‘t spook value stocks, and only lifted tech. It‘s true that XLK isn‘t firing on all cylinders, and the semiconductors‘ lag is just as concerning as Russell 2000 underperformance – so much for explaining the risks in stocks.
But as I wrote on Friday:
(…) Inflationary pressures building up aren‘t spooking the markets, there is no forcing the Fed‘s hand through rising yields. The bond vigilantes seem a distant memory as yields are trading well below their historical band, stunningly low given the hot inflation data. I‘m not saying red hot because the monthly CPI figure came in line with expectations, providing relief to the transitory camp. But last week‘s ISM services PMI and yesterday‘s PPI paint a very different story (to come).
My call about summer lull in bonds before these slowly but surely make their way higher (the 10-year to 1.80%), is turning out just as well as the inflation expectations‘ continued rebound. The cheap magic of Fed‘s June jawboning is losing its luster. Stocks steady and making marginally higher ATHs practically daily, uneven credit markets, gold holding up well following Monday‘s hit job, oil and copper trading in narrow ranges while the crypto uptrend goes on – fresh profits harvested across the markets yesterday, and growing today.
Regarding the taper noises many Fed speakers made during the week (it isn‘t just about Dallas), some form of taper looks indeed coming, even though they would have a hard time pulling it off against decelerating economy and massive fresh spending. Mission impossible if you will. Still, they make the appearance of wanting to try – wouldn‘t tanking markets and fresh calls to do something be a perfect excuse to expanding balance sheet solidly again? But they must at least internally in the Eccles building understand that a move against inflation is long overdue, and perhaps a repetition of June FOMC wouldn‘t do the trick this time.
Wednesday, August 18, 2021
Tapping Into A Massive $53 Billion Healthcare Market / Companies / Healthcare Sector
By: Submissions
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Wednesday, August 18, 2021
Stock Market Is About To Crash - Part XXIII (This Time We Mean It) / Stock-Markets / Stock Market 2021
By: Avi_Gilburt
As the market began its historic rally off the March 2020 low, many were convinced that we had begun a bear market. In fact, I witnessed many people posting about short trades in which one cannot lose during that rally. The common perspective was that due to the highest Covid death rates being reported during the spring of 2020, economic shutdowns being seen all over the country, and record unemployment being reported, there was no way the market could continue to rally. It was simply impossible in most people’s minds.
Yet, continue to rally we did. Imagine if there was someone who warned you that we were going to 4000+ from the 2200SPX region, and who actually turned strongly bullish as we were hitting the lows. You would think that more and more people would be interested in what caused this person to maintain such a strong bullish bias in the face of utter despair.
It is uncanny. Avi and his team are working their ass off - and they make incredible calls. The constantly tell you to unlearn everything you learned before, and most people struggle with this. I still do. But the more I embrace their trading style the greener my account gets. I mean, when a guy tells you that we will see SPX 3200+ in a few weeks/months in the middle of a crisis like corona, it is very hard to let go of your shorts. I wish I did,.. Well, today, when Avi tells me what he thinks is most probably going to happen and how,... I listen. And it is a pleasure to watch my balance grow.
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Wednesday, August 18, 2021
Socialist Venezuela to Slash Six Zeros from Its Failed Currency / Currencies / HyperInflation
By: MoneyMetals
After getting off to a rough start to open the week, precious metals markets appear to be stabilizing.
Gold and silver prices got walloped in a futures selling raid ahead of Monday’s market open. Some leveraged speculators who faced margin calls had to sell long positions to raise cash.
This sort of forced selling is indicative of a possible washout bottom. But we will need to see a stronger snapback in the days ahead in order to confirm that.
Metals markets have responded poorly this summer to inflation data that continues to come in hot. Hard assets are taking a back seat to the stock market where rising prices have actually helped large companies post better than expected quarterly profits.
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