Saturday, September 19, 2020
RTX 3080 Mania, Ebay Scalpers Crazy Prices £62,000 Trollers Insane Bids for a £649 GPU! / ConsumerWatch / Computing
By: HGR
Forget crypto's the real mania today is not in Bitcoin but RTX 3080 GPU's where the worldwide supply of the cards has been bought up within 5 minutes of Nvidia's launch largely by scalpers who have then gone on to dump the cards on the likes of Ebay with many starting bidding at ridiculous amounts for the £649 card, starting bids of upwards of £3,500!
If you though that no one is going to bid such ridiculous amounts for the privilege of getting hold of Nvidia's latest GPU you would be mistaken as depending your perspective the bidding is truly epic or insane, bids of upwards of £10,000, going all the way to £62,800! How many are real and how many are trolls? Even I was tempted to put in a bid for £90k! NINTY THOUSAND POUNDS FOR A £649 GPU!
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Saturday, September 19, 2020
A Greater Economic Depression For The 21st Century / Economics / Coronavirus Depression
By: Kelsey_Williams
Some are calling it the “Greater Depression” but that still makes last century’s Depression of the 1930’s the point of reference. The Great Depression of the 1930s was bad, but what we are facing now is worse.
The Depression Of The 21st Century will likely end up being the new singular event of discussion and comparison for all financial and economic catastrophes. Questions of how much worse and how long it will last are difficult to answer. Predictions about the type and strength of potential recovery could be premature.
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Saturday, September 19, 2020
The United Floor in Stocks / Stock-Markets / Stock Markets 2020
By: Doug_Wakefield
If you have pondered HOW stock markets could act like they were totally ignoring everything that has happened since the first of the year, let me share a few thoughts and pictures with you.
First, this is a picture of the Dow as it closed last Friday. This is the stock index most people refer to as “the market” when discussing stocks climbing or falling.
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Saturday, September 19, 2020
Mobile Gaming Market Trends And The Expected Future Developments / Personal_Finance / Gambling
By: Submissions
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Friday, September 18, 2020
The S&P 500 appears ready to correct, and that is a good thing / Stock-Markets / Stock Markets 2020
By: Donald_W_Dony
The S&P 500 has jumped over 50 percent since the March low. All within six months. This is the fastest rebound within half a year that the index has made since the start of the bull market in 2009. Is it any surprise that the benchmark index now appears vulnerable to a pull back?
Since the start of the 11-year bull advance, the average pull back has equaled about 17.0 percent. When the last correction in March 2020 is added to the list, the percent moves up to 19.7 percent (Chart 1).
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Friday, September 18, 2020
It’s Go Time for Gold Price! Next Stop $2,250 / Commodities / Gold & Silver 2020
By: Chris_Vermeulen
RESEARCH HIGHLIGHTS:
- Gold Pennant/Flag formation is now complete and setting up new momentum base near $1,925.
- Our Adaptive Fibonacci Models suggest support will prompt new Gold rally to $2,250.
- The rally in Gold will continue to extend higher over the next 4+ weeks.
- The US Dollar may move lower and/or the US stock market may break recent support to prompt this new rally in Gold.
If you are a follower of my research, then you know I follow gold and silver closely. I believe Gold has completed a Pennant/Flag formation and has completed the Pennant Apex. Further, a new momentum base has setup near $1,925~1,930, near the upper range of our Adaptive Fibonacci Price Modeling System’s support range. My team and I believe the current upside price move after the Pennant Apex may be the start of a momentum base rally targeting the $2,250 level or higher.
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Friday, September 18, 2020
Forget AMD RDNA2 and Buy Nvidia RTX 3080 FE GPU's NOW Before Price Hikes! / Personal_Finance / Computing
By: HGR
There' s growing speculation on the net that AMD's Big Navi RDNA 2 Next gen RX 6000 series GPU's could pull off a minor miracle by beating Nvidia's just released Samsung 8 nanometre RTX 3000 GPU's in terms of price per performance due to AMD's GPU's being on TSMC's 7 nanometre process which gives a small advantage in terms of thermals towards overcoming Nvidia's huge GPU lead.
Now that AMD know what Nvidia have to offer so can fine tune their RDNA2 GPU's in terms of clock speeds and power consumption to give them that final push towards catching upto Nvidia by bridging the price / performance gap towards ensuring their gaming GPU's come in CHEAPER than Nvidia alternatives namely the 3070 and 3080 i.e. $649 against $699 for the RTX 3080 and so for the 3070 and soon to be joined by the budget 3060TI. Though I doubt most are going to be able to get a 3080 anywhere near $699 for instance Scan computers in the UK is currently selling an RTX 3080 FE for £715 / $930!
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Friday, September 18, 2020
Overvalued Stocks Head into the Bunker / Stock-Markets / Stock Markets 2020
By: Michael_Pento
The overvaluation of stocks relative to the economy has placed them in such rarefied space that the market is subject to dramatic and sudden air pockets. Our Inflation Deflation and Economic Cycle model is built to identify both cyclical and secular bear markets and protect and profit from them.However, what it cannot do, nor can anyone else, is anticipate every short-term selloff in stocks. While the IDEC strategy protects and profits from bear markets, it also tends to soften the blow from short-term selloffs and prevents us from panicking at the bottom of every brief correction. This was the case in the latest plunge that started on September 3rd and lasted just three brutal days.
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Friday, September 18, 2020
Best Back to School / University Black Face Masks Quick and Easy from Amazon / Personal_Finance / Pandemic
By: HGR
We all need face masks, even the kids and definitely if your going back to secondary school and soon University compasses will be full of students from at least across the UK if not the world! So a mask is a must and rather than waste time on trying to make your own substandard probably useless home made face masks here is a our quick solution!
Snug fitting black face masks with 4 layers of protection, adjustable straps that can be washed bought with ease off amazon for £29 for a pack of 4. Amazon link - https://amzn.to/2ZNaU1J
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Friday, September 18, 2020
3 Types of Loans to Buy an Existing Business / Companies / Debt & Loans
By: Dumitru_Midon
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Friday, September 18, 2020
How to tell Budgie Gender, Male or Female Sex for Young and Mature Parakeets / Personal_Finance / Animals & Pets
By: Anika_Walayat
Virtually every budgie being sold in the pet shops are less than 3 months old, which means the usual brown nose / purple nose test for whether a budgie is male or female is not going to work. However, this video explains who you can increase the odds of selecting a budgie of the right gender, so that you end up with a male and female budgie if that is what you are looking for. As we compare 2 budgies when they were first bought at roughly 3 months age and then again about 9 months on to see how the colour of their cere has changed over time.
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Thursday, September 17, 2020
Fasten Your Seatbelts Stock Market Make Or Break – Big Trends Ahead / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
RESEARCH HIGHLIGHTS:
- Although our modeling systems have recently switched into Bullish Trending mode, we are still very cautious of a Bull Trap pattern.
- Bearish technical divergences between price and RSI with an election 50+ days away indicates market weakness and money rotating out of FAANG stocks. FAANGs are at make or break levels – it’s time to act not react.
- 11% to 22% price rotation ranges are in play – are you ready?
My research team recently highlighted the current market trend setup over the past few weeks as cautiously bullish while watching for a potential Bull-Trap setup. We have been warning our followers of the risks associated with a Presidential election year event as well as the continued disconnect between the market rally and the real-world economy. These next few days and weeks will make or break the markets so we encourage you to pay attention to this article.
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Thursday, September 17, 2020
Peak Financialism And Post-Capitalist Economics / Economics / Economic Theory
By: Steven_Vincent
The protracted malaise of the 1970s, with high price inflation and GDP recession, signaled the advent of Peak Industrial Capitalism.
The maturation of the industrial sector of the economy and the onset of demographic growth challenges required the offsetting growth of the financial sector.
The standard of living has declined under Financialism, but the technology revolution has offset some of the negative associated trends.
Financialization has increasingly skimmed Economic Value out of the economic system into the pockets of a smaller and smaller group of elites as larger and larger percentages of the population have become more and more dependent on government programs.
What comes after Peak Financialization? Where do we go from here? As I have said in previous segments in this series, an Information-Based Economic System, Technocracy, Structural Unemployment and Universal Basic Income are some of the likely outcomes we can expect.
This article is part of an ongoing related series that explores an ongoing long-term secular systemic shift in markets, economics, politics and society. Readers might also like to read:
- Information Is The New Capital
- Understanding The Apparent Mismatch Between Current Economic Conditions and the Financial System
- Debt Financialization, Gross Domestic Product And The Systemic Paradigm Shift
The protracted malaise of the 1970s, with high price inflation and GDP recession, signaled the advent of Peak Industrial Capitalism. The creation of Economic Value from the transformational processes of industrial production (manufacturing, mining, utilities) began to reach its limits of expansion and growth.
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Thursday, September 17, 2020
Challenges of Working from Home / Personal_Finance / Money Making
By: Justin_Weinger
Remote work has become a necessity for many, and it's likely that working from home will become an established norm in every sector. While there are many perks to being able to virtually tend to you work duties, there are also some setbacks that require some adjustment. If you're new to working from home, you might miss the companionship of your colleagues. You could also miss the sense of structure your morning commute provided; even though you can mimic a routine at home, it can easily become claustrophobic always being in your hours. Below are three other differences you'll face transitioning from the office to remote work along with some potential solutions.
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Thursday, September 17, 2020
Sheffield Heading for Coronavirus Lockdown as Covid Deaths Pass 432 / Local / Sheffield
By: N_Walayat
The pandemic is on the rise once more with the number of UK cases per day now exceeding 3000! This video takes likely one of our last shopping trips of Sheffield city centre as we count down to Britain's next covid-19 lockdown's to culminate in a higher second peak than April 2020.
Thus shop whilst you can because lockdown's loom for all of Britians major cities largely due to relaxed behaviour of most people who can't even be bothered to wear their masks properly! It's supposed to cover your nose and mouth and not hang under your chin you damn fools! As this video illustrates!
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Wednesday, September 16, 2020
What Does this Valuable Gold Miners Indicator Say Now? / Commodities / Gold & Silver 2020
By: P_Radomski_CFA
Some swear by price action, many others rely on indicators. There are actually many gold trading tips built around these techniques. Gold Miners Bullish Percent Index, is one of the rare ones that don't issue signals all that often. And it showed the highest possible overbought reading recently.
The excessive bullishness was present at the 2016 top as well and it didn’t cause the situation to be any less bearish in reality. All markets periodically get ahead of themselves regardless of how bullish the long-term outlook really is. Then, they correct. If the upswing was significant, the correction is also quite often significant.
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Wednesday, September 16, 2020
President Trump and Crimes Against Humanity / Politics / Pandemic
By: Dan_Steinbock
According to a new book, President Trump knowingly downplayed coronavirus risks. As other critics have argued, his administration’s decisions represent crimes against humanity.
Recently, Bob Woodward, associate editor at the Washington Post and one of the legendary Watergate journalists, published Rage, a new book on President Trump’s first term, which draws on 18 interviews that Woodward conducted with Trump between December 2019 and last July.
Here’s its key message: President Trump knowingly downplayed coronavirus risks.
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Wednesday, September 16, 2020
Slow Economic Recovery from CoronaVirus Unlikely to Impede Strong Demand for Metals / Commodities / Metals & Mining
By: Richard_Mills
Daily coronavirus cases may be down in the United States, but that is no reason to be complacent, especially given that cold and flu season is only a few weeks away, says the nation’s top doctor.
In a roundtable discussion Thursday at Harvard Medical School, Dr. Anthony Fauci warned that “we need to hunker down and get through this fall and winter, because it’s not going to be easy.” He compared the pandemic to the early days of HIV in terms of how quickly it escalated, and how it might continue to escalate, if current trends of low mask-wearing and social distancing continue. “We've been through this before,” he said. “Don't ever, ever underestimate the potential of the pandemic. And don't try and look at the rosy side of things.”
On Friday Dr. Fauci went against President Trump, who in a White House news briefing Thursday told MSNBC’s Andrea Mitchell, “I really do believe we’re rounding the corner,” referring to new cases having declined substantially since July.
According to data from John Hopkins University, over the past seven days the country has reported an average 35,200 cases per day, which is 12% lower than a week ago, and around half compared to 70,000 cases per day peak in late July.
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Wednesday, September 16, 2020
Why the Knives Are Out for Trump’s Fed Critic Judy Shelton / Politics / US Federal Reserve Bank
By: Steve_H_Hanke
Judy Shelton, one of President Trump’s nominees for the Board of Governors of the Federal Reserve System, has faced unprecedented criticism from former Fed employees and academic economists. The denunciations say more about the critics than they do about Shelton, whom I have known for many years.
Shelton is a nominee for one of the two unfilled positions on the twelve-member Fed Board. The other nominee, Christian Waller — an executive vice president and director of research at the Federal Reserve Bank of St. Louis — has attracted little attention. On July 21, the Senate Banking Committee approved his nomination by a bipartisan vote of 18-7, whereas Shelton’s nomination saw a party-line vote of 13 Republicans to 12 Democrats. The full Senate has not yet set a date to debate and vote on the nominations.
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Wednesday, September 16, 2020
Operation Moonshot: Get Ready for Millions of New COVAIDS Positives in the UK! / Politics / Conspiracy Theory
By: Jeff_Berwick
Nineteen years ago, they pulled off the world’s first Big Lie.
"The United States government and their lackeys in the corporate media put forth a version of the events of September 11th, 2001 that are laughable, disjointed, and totally impossible. Scientifically impossible. Criminally impossible. Physically impossible."
"In order for the official story to be true the laws of physics would have had to have been suspended on that day, especially when reviewing the 9/11 Commission Report, more accurately known as the 9/11 Omission Report, which may as well have been written with crayons to reflect the total lack of anything resembling science, truth, or seriousness."
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