Wednesday, January 08, 2020
Gold Price at Resistance / Commodities / Gold & Silver 2020
By: The_Gold_Report
Technical analyst Clive Maund discusses the effects of geopolitics on the price of gold. In this update I am not going to repeat the points made in the last fairly comprehensive update, instead we are going to focus on the importance of the resistance level just above where the price is now, and impact of the killing of the Iranian general and its potential implications for the gold price.
On the latest 10-year chart we can see that gold is making a second attack on the key major resistance level in the $1530-$1560 zone, which is hardly surprising considering what happened last week.
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Wednesday, January 08, 2020
The Fed Has Quietly Started QE4 / Interest-Rates / Quantitative Easing
By: John_Mauldin
In September of last year, something still unexplained happened in the “repo” short-term financing market. Liquidity dried up, interest rates spiked, and the Fed stepped in to save the day.
Story over? No. The Fed has had to keep saving the day, every day, since then.
Wednesday, January 08, 2020
The All-Out View of Crude Oil’s Spike / Commodities / Crude Oil
By: Nadia_Simmons
Let’s put the geopolitical gyrations in oil into a proper perspective by taking a look at the monthly chart. The overall situation hasn’t changed much as crude oil is still trading inside the blue consolidation below three very important resistances (the red and orange bearish gaps and the 61.8% Fibonacci retracement), which form the key resistance zone for the coming week(s).
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Wednesday, January 08, 2020
NASDAQ Set to Fall 1000pts Early 2020, and What it Means for Gold Price / Stock-Markets / Financial Markets 2020
By: Chris_Vermeulen
One of our most interesting predictive modeling system is the Adaptive Dynamic Learning (ADL) price modeling system. It is capable of learning from past price data, building price DNA chains and attempting to predict future price activity with a fairly high degree of accuracy. The one thing we’ve learned about the ADL system is that when price mirrors the ADL predictive modeling over a period of time, then there is often a high probability that price will continue to mirror the ADL price predictions.
One of our more infamous ADL predictions was our October 2018 Gold ADL prediction chart (below). This chart launched a number of very interesting discussions with industry professionals about predictive modeling and our capabilities regarding Adaptive Learning. Eric Sprott, of Sprott Money, highlighted some of our analyses related to the ADL predictive modeling system in June and July 2019. Our ADL predictive modeling system suggested a bottom would form in Gold near April/May 2019 and then Gold would rally up toward $1600 by September 2019, then rotate a bit lower near $1550 levels.
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Wednesday, January 08, 2020
Gold 2020 - Financial Analysts and Major Financial Institutions Outlook / Commodities / Gold & Silver 2020
By: Michael_J_Kosares
Santa Claus rally in Gold and Silver Crowns a very good year
It was a very good year for precious metals. Gold posted a nearly 19% gain and silver rose over 17%. As you can see in the chart below, the move higher began in early summer defying the annual summer doldrums, hit an impasse during autumn, then ended the year with a surprise Santa Claus rally that took it over the $1520 mark. Silver pushed briefly over the $18 mark in late December then settled at $17.78. Bloomberg Intelligence’s Mike McGlone offers a hopeful tone for our favorite precious metal as 2020 begins:
“It’s a new year and decade and gold is poised to follow the dollar and equities to new highs, in our view. When, should be the primary question, particularly when the stock market and greenback succumb to some normal mean reversion. Absent a new higher dollar and stock-price plateau, gold is set to join the all-time-highs club. Gold prices are on a sound footing for further advancement in the coming year and decade, in our view. Gold prices are on a sound footing for further advancement in the coming year and decade, in our view.”
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Wednesday, January 08, 2020
Stock Market Trend Review / Stock-Markets / Stock Markets 2020
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – There are no signs that the bull market is over.
Intermediate trend – Most likely near an intermediate top.
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 discusses the course of longer market trends.
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Tuesday, January 07, 2020
Stock Market Trend Forecast 2020 - QE4Ever! Video / Stock-Markets / Quantitative Easing
By: Nadeem_Walayat
My consistent message since QE money printing began a few weeks prior to the birth of this stocks bull market in March 2009, my message has been that once QE money printing starts then it NEVER ENDS! So LEVERAGE once self to the perma money printing INFLATION MEGA-TREND. Invest in assets that are LEVERAGED TO INFLATION.
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Tuesday, January 07, 2020
Crude Oil Price Reverses Lower Again After US Missile Attack / Commodities / Crude Oil
By: Chris_Vermeulen
Normally, after tensions between Iran/Iraq and the US flare-up, Oil and Gold rally quite extensively but reversed sharply lower by the end of the session.
Yes, Gold is 1% higher today and was up over $35 overnight, but Crude Oil has actually moved lower today which is a fairly strong indication that disruptions in oil supply from the Middle East are not as concerning as they were 10+ years ago. Traders and investors don’t believe this isolated targeted missile attack will result in any extended aggression between the US and Iran.
When past conflicts in the Middle East happened, Oil would typically rally and Gold would spike higher as well. Consider this a reflex action to uncertain oil supply issues and concerns that global market uncertainty could crash the markets. Gold seems like an easy expectation related to this type of uncertainty as it continues to act as a hedge against many risks like missiles/war, financial uncertainties etc…
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Tuesday, January 07, 2020
Trump’s China Agreement Is a Fake Deal / Politics / Protectionism
By: Patrick_Watson
We have a trade deal! Should we pop the champagne corks?If so, we better hurry. The Trump administration wants to slam 100% tariffs on French champagne—retaliation for France’s new digital services tax. This trade war has more than one battlefield.
But China is the biggest, and last week the Trump administration said it had reached a “Phase 1” agreement with China. The president postponed a new round of tariffs that would have taken effect Dec. 15.
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Tuesday, January 07, 2020
Bullion Banks Used Paper Gold and Silver to Restrain Price Advance in 2019 / Commodities / Gold and Silver Stocks 2019
By: MoneyMetals
Gold and silver investors buy metals because they are scarce. Precious metals are by nature difficult to find, and hard to produce. Consequently, above ground stocks are limited and valuable, particularly when priced in unlimited fiat currencies.
The bankers and government officials behind these fiat currency systems don’t like stable monetary benchmarks such as gold putting their inflation schemes on full display. They absolutely hate that gold works as a refuge.
Inflation is a stealth tax. Instead of overtly raising taxes, politicians simply borrow and print the money needed for more government. They just need people not to notice.
Monday, January 06, 2020
Will 2020 be Junior Mining Stock’s Year? / Commodities / Metals & Mining
By: Richard_Mills
Another year of covering commodities and select junior mining stocks is all but done and dusted.
We’ve seen palladium prices more than double those of platinum, its sister metal, on tight supply and high demand for catalytic converters in gas-powered vehicles, as smog-belching diesel cars and trucks get phased out to meet tighter air emissions standards particularly in Europe and China.
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Monday, January 06, 2020
JPMorgan Silver Crime Charges to NY Fed REPO Loan Ramp / Commodities / Gold & Silver 2020
By: Submissions
We often cover the ongoing JPMorgan silver bullion saga here. It seems we have a new twist in the ongoing story since JPMorgan's takeover of the bankrupt Bear Sterns short silver position in early 2008.
Late last year, in early November 2019, CBS’ 60 Minutes show did a puff Public Relations piece for the CEO of the world’s largest and Global Systematic Important Bank.
Here we see 60 Minutes interviewer Lesley Stahle as she interviews billionaire on paper, Jaime Dimon, the CEO of JP Morgan Chase.
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Monday, January 06, 2020
A Financial Crisis Has Already Begun… We Just Don’t Know It Yet / Stock-Markets / Financial Crisis 2020
By: John_Mauldin
Let’s address an elephant in the room: the rapidly expanding federal debt. Each annual deficit raises the total debt and forces the Treasury to issue more debt, in hopes someone will buy it.
The US government ran a $343 billion deficit in the first two months of fiscal 2020 (October and November), and the 12-month budget deficit again surpassed $1 trillion. Federal spending rose 7% from a year earlier while tax receipts grew only 3%.
No problem, some say, we owe it to ourselves, and anyway people will always buy Uncle Sam’s debt. That is unfortunately not true.
Monday, January 06, 2020
Gold Stocks Head Fake? / Commodities / Gold and Silver Stocks 2020
By: Zeal_LLC
Gold miners’ stocks blasted higher this past week, breaking out of their correction downtrend. Rapidly-improving psychology fueled such strong upside momentum that sector benchmarks are challenging months-old upleg highs. Most traders assume this is righteous, that gold stocks’ next upleg is starting to accelerate. But key indicators argue the contrarian side, that this breakout surge is a head fake within a correction.
In early September, a major gold-stock upleg peaked after soaring higher on gold’s decisive bull-market breakout in late June. The GDX VanEck Vectors Gold Miners ETF, this sector’s leading benchmark and trading vehicle, had powered 76.2% higher over 11.8 months. It crested the same day gold’s own upleg did, hitting $30.95 on close. That major 3.1-year high proved the apex of that impressive gold-stock upleg.
Gold started grinding lower after its own September 4th upleg zenith of $1554, capping a massive 32.4% run over 12.6 months. The gold stocks corrected with gold like usual, as these miners are essentially leveraged plays on gold. Since their earnings amplify gold-price changes, the major gold stocks dominating GDX generally leverage gold by 2x to 3x. So the gold stocks drifted lower over the next several months.
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Monday, January 06, 2020
Regular Maintenance of Your Car Will Payback When You Decide to Sell it / Personal_Finance / Motoring
By: Submissions
Without regular maintenance, everything will reach a point of fatigue and loss its value, be it a person, a product or machine. Thus, the same applies to cars as well. Regular maintenance of your vehicle will benefit you in more ways than one. The most obvious being car performance, followed by preventing costly repairs in the long run.
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Sunday, January 05, 2020
Last Chance for FREE Windows 7 Upgrade to Windows 10 in 2020 / Companies / Microsoft
By: HGR
Here's how to successfully UPGRADE your Windows 7 system to Windows 10 for FREE! This video takes you though the process from start to finish including several obstacles to over come that you could face.
This upgrade Works for ALL versions of Windows 7.
And you may only have a couple of weeks to get the FREE upgrade to Windows10, as Microsoft will cease making updates available as of 14th January 2020 as part of it's Windows 7 end of life programme which could also mean Microsoft shuts down it's Windows 7 upgrade servers.
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Sunday, January 05, 2020
What Global Stock Markets Drop After US Iran Missile Strike Mean? / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
The US Stock Market contracted in early morning trading on Friday, January 3, by more than 1% after news of the missile attack in Baghdad targeting a top-level Iranian military General and others. After the attack on the US Embassy in Iraq last week, President Trump issued a strong warning that the US would act to protect its people throughout the world and Iran scoffed at this message. It would certainly appear President Trump means business and won’t hesitate to stop terrorists from acting against the US – no matter where they are in the world.
This news, overnight, pushed Oil, Gold, Silver and most precious metals higher. The fear factor associated with the unknowns of what may come from these actions shot through the roof over the past 24 hours. The global stock markets contracted by a fairly strong amount in Friday’s trading. Most global markets were off by 0.75% to levels well over 1%.
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Sunday, January 05, 2020
Gold 2020 - Let’s Keep It Simple / Commodities / Gold & Silver 2020
By: Avi_Gilburt
When I peruse the comments on our Elliottwavetrader site alone, I am seeing a myriad of “beliefs” as to what the metals are doing and will be doing. Most of such beliefs seem to be driven by feelings, and quite a number of them have been fighting this metals rally. Yet, some are even driven by various forms of analysis.
Of late, we are seeing so many become fearful of the metals market due to the COT report being so “bearish.” But, I have already dealt with this issue last week, yet I am going to repeat why that report is really of lesser consequence, especially when viewed relative to the structure of the market and support and resistance:
“If you look at the attached chart for the last 20 years, you will see that during the parabolic rally of 2010-2011 in gold, the commercial traders were heavily short gold. In fact, you can see that during that entire period of time, commercial shorts remained at 200,000 or greater. Yet, that was during a period of time where gold rallied $800. For those counting in percentage terms, that means gold rallied 70%+ during a time where commercial traders were heavily short of gold.
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Sunday, January 05, 2020
Uber May Do the Impossible in 2020 / Companies / Self Driving Cars
By: Stephen_McBride
Of all the stocks I covered this year, I was hardest on Uber (UBER). I caught some flak for writing “buying Uber stock is the dumbest thing you can do with your money in 2019.”
Although my call ruffled feathers, I stand by it. Since Uber IPO’d in May, the stock has plunged 35%. And it was just plain wrong how the media hyped up its IPO, luring in novice investors who didn’t know any better, only to watch their money go up in smoke.
To be clear, I love Uber’s service. It’s cheap, easy, and way better than regular taxis. But it’s been a horrible, money-losing business.
Sunday, January 05, 2020
Beware the Stock Market 2020 / Stock-Markets / Stock Markets 2020
By: The_Gold_Report
Sector expert Bob Moriarty takes a look at drivers in the bull market and sees a bear in the wings.
While I happen to be a giant fan of the Daily Sentiment Index (DSI), I also use a bunch of other signals. The DSI is the single best indicator I've found but there are dozens of other measures of investor sentiment. If you are a contrarian, you search constantly for some way of figuring out what investors are thinking.
Investing at a profit is actually simple. The mob is always wrong. Always wrong. Figure out what the mob is thinking and do the opposite.
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