Tuesday, August 25, 2020
Fed Can Control Yield Curve. But It Can’t Control Gold / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
In a response to the coronavirus crisis, the Fed has already cut interest rates to zero and implemented quantitative easing. But that’s not enough and the U.S. central bankers are now talking about “yield curve control”. What is it and how it could affect the gold market?
Normally, the central banks lower the short-term interest rate to stimulate the economy. But the federal funds rate is already at zero, so the Fed now thinks about the yield curve control. It works basically like normal open-market operations – the only difference is that under the yield curve control, the Fed would target some longer-term interest rate. As the central bank would set the short-term rates at zero and it would target also longer-term rates, it would practically control the yield curve, which explains the name. Moreover, the Fed would also promise to buy enough bonds to keep the rate from moving above the target – this is why the yield curve control is also called “interest rate caps” or “interest rate pegs”.
Tuesday, August 25, 2020
Gold and Silver Precious Metals Cycles Demand Attention / Commodities / Gold & Silver 2020
By: Chris_Vermeulen
Research Highlights:
- With Gold trading above $2,000 for the first time and Silver trading near $27.50, you need to understand the risks in the markets that precious metals are warning of.
- If Gold breaks above $2,400, then there is a very real concern that the global markets could be close to some type of decline/collapse event.
- We believe the upside potential in precious metals could drive a very wide sideways market rotation, similar to what happened between 1999 and 2011, over the next 3+ years that may catch many off-guard.
Over the past few weeks and months, my research team and I have been actively publishing this research to help you better understand what is really happening in the markets right now. With Gold trading above $2,000 for the first time and Silver trading near $27.50, skilled traders need to understand the risks in the markets that precious metals are warning of. Think of it like this, as long as Gold continues to trade near or above $1900, the risk levels in the global markets are at extreme levels for traders and investors. If Gold breaks above $2,400, then there is a very real concern that the global markets could be close to some type of decline/collapse event.
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Tuesday, August 25, 2020
Continued Stock Market Topping Behavior / Stock-Markets / Stock Markets 2020
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: For now, the best guesstimate is that we are still in the bull market which started in 2009.
SPX Intermediate trend: We should be approaching an important high, with confirmation coming over the near term.
Analysis of the short-term trend is done daily 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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Tuesday, August 25, 2020
The Smart Way to Profit off the “Internet of Things” / Companies / Internet
By: John_Mauldin
By Justin Spittler : Google (GOOG) just made a statement. On August 3, Google announced that it’s investing $450 million in home security company ADT (ADT). The investment will give Google a 6.6% stake in the company.
You might be wondering why the tech giant wants anything to do with ADT. Simple. Google’s asserting its dominance in one of today’s biggest megatrends.
Investors who see where this is headed stand to make a fortune. But only if they know how to play it. And it’s not Google. The two stocks I’ll share with you today offer much more explosive upside. But let’s first look at why Google is investing hundreds of millions into ADT.
Google, as you know, operates the world’s most popular search engine, and the #1 most trafficked website. But it’s far from a one-trick pony.
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Tuesday, August 25, 2020
Warren Buffett: From Gold-Hater to Gold Bug / Commodities / Gold & Silver 2020
By: The_Gold_Report
Peter Krauth discusses Warren Buffett's big move into gold and discusses why the price of the metal is likely to climb much higher.
Warren Buffett has long been known as one of the biggest gold-haters around.
Yet in one move he's helped gold go mainstream.
The "Oracle of Omaha's" about face could be the ultimate Buy Signal.
For millions of investors, seeing Buffett dump banks while buying gold is likely to have a profound impact.
But as I'll show you, what's going on in the gold markets goes way beyond Buffett.
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Tuesday, August 25, 2020
AMD Ryzen Zen 3 CPUs Cinebench r20 Scores - 4300x, 4600x, 4900x, 4950x / 5300x, 5600x, 5900x, 5950x / Personal_Finance / Computing
By: HGR
Its not going to much longer before we get AMD's big reveal it's Intel crushing 7nm Zen 3 processors with my focus for the past year being on what to expect for the top 2 Ryzen processors, i.e. currently the 3900x and the 3950x. Back in May I speculated that Zen 3 should see a IPC gain of at least 15% and possibly as high as 22%, and from what I have seen to date we still appear to be on track to achieve those goals, typically ranging from 18% to 22% increases in performance given expected increases in clock speeds of 200mhz and better layout of the CCX's in 8 core chiplet packages resulting in better integration and use of L3 cache.
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Tuesday, August 25, 2020
Budgie Paradise! Ultimate Bird Play Room! How to do for FREE! / Personal_Finance / Animals & Pets
By: N_Walayat
Try to imagine what the ultimate playroom for budgies / small parrots would look like. I bet you conjuring up a room full of lots of expensive toys and wood and plastic branches of varying lengths and sizes so as to allow your budgies plenty of scope for flee flight. But this video demonstrates a solution that beats ALL of that without spending a single extra penny! The ultimate Budgie playroom for FREE!
If we can do it then so can you!
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Monday, August 24, 2020
Stock Market S&P 500 Downswing Staring Us in the Face? / Stock-Markets / Stock Markets 2020
By: Paul_Rejczak
After flirting with new all-time highs, stocks reversed on the Fed seeing slowing labor market and planning no yield control for now. Volume is slowly returning, prices aren't making material headway, which is lending the stock market a tired look.
Just as I wrote yesterday before being yet again profitably taken out of the earlier long position, it's one thing to be building a base, and lacking the strength to break higher with resounding force.
That's exactly the case with stocks, and the absence of bulls' strong conviction. Each passing day that lacks clues hinting at their return, is leaving the S&P 500 progressively more exposed and vulnerable to broad weakness or even a takedown without much in terms of an advance warning. That's certainly the case with no hints at a new punch bowl on the nearest horizon.
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Monday, August 24, 2020
Powerful Deflationary Winds" Include a "Bust in Commodity Prices / Commodities / Commodities Trading
By: EWI
"Powerful Deflationary Winds" Include a "Bust in Commodity Prices"
Elliott Wave International's analysts have posited that the next big global monetary event will be deflation, not inflation.
The writer of an August 18 Telegraph article also sees "powerful deflationary winds."
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Monday, August 24, 2020
Record Low Volatility Why Stock Market Investors Need to Fasten Their Seatbelts / Stock-Markets / Stock Markets 2020
By: EWI
"Because financial markets are a fractal, present conditions never maintain"
Elliott Wave International's analysts have long noted that periods of low stock market volatility are almost always followed by periods of high volatility.
Granted, periods of low volatility can stretch for a while, yet a change occurs sooner or later -- and that shift is often dramatic.
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Monday, August 24, 2020
Why Owning Stocks Is the Single Best Way to Get Rich / Companies / Investing 2020
By: Stephen_McBride
The world’s richest man just made history. Amazon (AMZN) founder Jeff Bezos set a new record when his net worth jumped by $13 billion in one day.
Bloomberg now estimates Bezos is worth $185 billion. And get this: he’s now personally worth more than oil giant Exxon Mobil or Nike!
The secret behind Bezos’ financial triumph is simple. The billionaire CEO has made the same $81,840 salary for two decades. But the bulk of his vast fortune is tied to the 57 million shares of Amazon stock he owns—worth $180 billion.
So when Amazon’s stock jumped 10% on July 23, Bezos’ net worth spiked $13 billion in just a few hours. In fact, controlling vast sums of stock market wealth is a common thread among the world’s rich. Scroll through Bloomberg’s Billionaire Index and you’ll see they all vaulted to the top by owning their share of a successful business.
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Monday, August 24, 2020
The 100% Gold Portfolio / Commodities / Gold & Silver 2020
By: Nick_Barisheff
When I founded BMG Group Inc. (formerly Bullion Management Group Inc. – BMG) over 20 years ago, I thought that my main challenge would be to get approval for our first fund from the Ontario Securities Commission (OSC). My premise was that there was no approved way for retail investors to hold bullion in their RRSPs and other registered accounts. In addition, I wanted to structure the fund in a way that would not compromise the three fundamental attributes of bullion: liquidity, no counterparty risk and independent of management skills. Upon investigating closed-end funds, exchange-traded funds (ETFs), and proxies, such as mining stocks and futures contracts, I found that all of these structures either compromised the liquidity of physical bullion or were not bullion at all, and were therefore dependent on counterparties for their performance. Other attributes compromised the direct ownership of bullion due to dependence on a portfolio manager to make trading decisions and to manage the asset. In addition, bullion leasing and leverage could distort the pure performance of bullion.
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Sunday, August 23, 2020
CPI Goes Up in July. Will Inflation Dragon Take to the Air with Gold? / Economics / Inflation
By: Arkadiusz_Sieron
CPI rises again in July. But will the inflation dragon take to the air, taking gold with it?The U.S. CPI inflation rate rose 0.6 percent in July, for the second month in a row. The move was driven to a large extent by higher energy prices (the energy index increased 5.1 percent in June as the gasoline index rose 12.3 percent). The core CPI rose also 0.6 percent, following a 0.1 percent drop in May. It was the biggest monthly increase in the core rate since 1991.
On an annual basis, the overall CPI increased 1 percent (seasonally adjusted), following 0.7 percent increase in June. Meanwhile, the core CPI rose 1.6 percent, which implies the acceleration from 1.2 percent recorded in the previous month. So, as the chart below shows, inflation remains low, but it is no longer very low.
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Sunday, August 23, 2020
Stock Market Massive Dual Head-and-Shoulders Setup / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
- Dual Head-and-Shoulders patterns warn of a potentially big downside move and new highs may be a trap for bulls
- Valuation levels suggest the broader US stock market is lagging
- Precious metals continue to warn of risks
- The market “melt-up” may be nearing an end
My research team is issuing a Special Alert Warning after the NASDAQ and SPY reached new all-time highs. Our research team identified a massive Head-and-Shoulders pattern (highlighted in BLUE) that originated in 2014, set up a “head” in 2018, and is now forming a “right shoulder” spanning 2019 and 2020. Additionally, a minor Head-and-Shoulders pattern is setting up on the right side of the chart below (highlighted in MAGENTA) that peaks in early February 2020 – just before the COVID-19 price collapse. Will this dual Head-and-Shoulders pattern prompt a massive downside price move over the next few weeks and months, or will the US stock market continue to rally higher – breaking the resistance level the shorter-term “head” (near $174) and keep going?
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Sunday, August 23, 2020
Smart & Reliable Forex Trading Suitable for Beginners – ROFX Review / Currencies / Forex Trading
By: Submissions
Forex trading has been historically very risky but can be profitable if one plays their cards right. However, for novice traders, forex trading poses a lot of risks and can lead to significant losses. With the ROFX approach, however, the process has become straightforward. ROFX is an international broker providing forex trading services flexibly and simply.
Created in 2009, a team of experts and developers created ROFX to cater to the novice trader mainly. It allows any trader with a minimum experience in forex to succeed. Here is an honest review of ROFX after taking a look at all its features and advantages.
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Saturday, August 22, 2020
Was That the Top in Gold? / Commodities / Gold & Silver 2020
By: P_Radomski_CFA
It could have been. But what is more likely, it could have been the final pre-plunge top in case of the mining stocks. Why? Because the history tends to rhyme, and the verses appear more similar to what we already “read” in the mining stocks than they what we can see on the gold market.
Before digging into details, we would like to quote what we wrote on mining stocks on Monday:
Back in March, gold moved back to its previous highs (in fact it moved slightly above it) before topping and right now, it’s consolidating lower. Still, we should keep in mind that there’s also the possibility that gold won’t repeat the March performance to the letter and history will rhyme instead.
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Saturday, August 22, 2020
Coronavirus The Worst Is Still Ahead - New COVID-19 Report / Politics / Pandemic
By: Dan_Steinbock
The interview with Dr Steinbock, the author of the new report, suggests that the COVID-19 challenges are far from over. The pandemic is still spreading and could become more virulent. Several major economies face “lost years.”
Dr Dan Steinbock projected the internationalization of COVID-19 and China's rebound in the 2nd quarter already in early February. By mid-March, he predicted the great coronavirus contraction and 2nd quarter carnage in the US, Western Europe and major advanced economies.
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Saturday, August 22, 2020
A Triangle of Caring: CEO of Pinnacle Hotels USA Barry Lall on Developing a Highly Effective Work Culture / Companies / Travel & Holidays
By: Sumeet_Manhas
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Saturday, August 22, 2020
UK HYPERINFLATION - First Rampant Money Printing Now Inflating GCSE and A Level Grades by 25% / Politics / Education
By: N_Walayat
The UK government has been busy printing money (debt) that the Bank of England has been dutifully monetizing (QE) so as to keep interest rates artificially low, near zero, the consequence of which is inflating consumer and asset prices, REAL inflation not the bogus inflation as measured by the highly manipulated CPI inflation index. You'll see money printing inflation consequences manifest themselves in house prices, stock prices and of course your weekly supermarket shops.
However, the Government is not done there with it's printing binge as this years GCSE results illustrate. There was a time when statisticians would warn of grade inflation as each year it became easier than the year before to get those pass rates and top grades usually by a couple of percent. However, THIS year we have not had grade inflation instead we have had Grade HYPERINFLATION! A 25% jump in the 7-9 grades given as the government buckled to those who never even sat the exams and let the teachers print the grades for their students as my following video illustrates has dire consequences for all those who hold 2020 certificates that are not as valuable as the grades suggest them to be just as the money in your pocket is not as valuable after the government printed £500 billion to pay for covid-19 handouts.
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Friday, August 21, 2020
Gold Price - See What This Fibonacci Ratio Says About Trend / Commodities / Gold & Silver 2020
By: EWI
A Fibonacci .618 retracement is a common reversal point in the markets
Fibonacci numbers follow a sequence that begins with 0 and 1, and each subsequent number is the sum of the previous two (0, 1, 1, 2, 3, 5, 8, 13, 21, 34, and so on).
After the first several numbers in the sequence, the ratio of any number to the next higher is approximately .618 to 1; its ratio to the next lower number is approximately 1.618 to 1.
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