Tuesday, November 12, 2019
Gold Retest Coming / Commodities / Gold & Silver 2019
Gold and silver stocks have held up decently during the correction in precious metals, which is now in its 3rd month. However, as we mentioned last week, the bugaboo has been the relatively high net speculative position in Gold, which has not changed much despite recent weakness in the sector.
Technically Gold cracked last week and the downside momentum coupled with the relatively high net spec position argues that Gold is headed for a retest of the summer breakout.
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Tuesday, November 12, 2019
New Evidence Futures Markets Are Built for Manipulation / Stock-Markets / Market Manipulation
The recent price smash in precious metals is frustrating for goldbugs. It is even more infuriating for those who look at the fundamental reasons to own gold and silver and see prices falling anyway.
That’s why it’s worth explaining once again the real purpose of the futures markets, where prices are set. Some recent revelations about Bitcoin futures will help.
The CME launched a Bitcoin futures contract in December of 2017, and many cryptocurrency fans cheered. Those who cheered expected “institutional” money to pour into Bitcoin. Their mistakes were in assuming the institutions would be making long bets on Bitcoin and the futures market would be free and fair.
Tuesday, November 12, 2019
Next 5 Year Future Proof Gaming PC Build Spec November 2019 - Ryzen 9 3900x, RTX 2080Ti... / Personal_Finance / Gaming
A in-depth build guide on building a Top Spec future proof Gaming PC utilsing todays best CPU Ryzen 9 3900X and NVidia RTX 2080Ti Graphics card combo. What specs to build or buy and how much will it cost for a future proof spec for the next 5 years.
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Monday, November 11, 2019
Gold and Silver - The Two Horsemen / Commodities / Gold & Silver 2019
Global central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor and fruitfulness (it is these contradictions that are the windows into a ginned up, leveraged economy dependent on monetary policy) while the S&P 500 breaks through the bull turnstile to blue sky.
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Monday, November 11, 2019
If You Want Trump Out, You Need To Sell Your Stocks / Stock-Markets / Stock Markets 2019
While reading of the title of this article may cause you to make certain assumptions about what you are about to read, I can assure you that this is not a politically motivated article. In fact, politics has absolutely nothing to do with the analysis and conclusions presented herein.
I want to start with the assumption that we have spoken about so often, and that it is social mood which directs our actions in life, including our willingness to buy stocks. As Robert Prechter noted in a study he published in 2012 on this topic, “[s]ocionomic theory proposes that unconscious social mood regulates social actions.
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Monday, November 11, 2019
Towards a Diverging BRIC Future / Economics / Emerging Markets
Two decades ago, the BRIC economies were projected to surpass the advanced G6 economies by the early 2030s. Today, the huge potential of the BRICs prevails, but the pace has slowed and country trajectories have diverged. China and India are on track, Brazil and Russia are not, thanks to geopolitics.In the early 2000s, Goldman Sachs projected that the four largest emerging economies – Brazil, Russia, India and China, or the BRICs – would surpass the major advanced economies by the early 2030s.
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Monday, November 11, 2019
Welcome to the Zombie-land Of Stock Market Investing / Stock-Markets / Stock Markets 2019
This current market environment is very reminiscent of the 2006-08 market environment where price rotated into weakness on technicals and continued to establish new all-time price highs in the process – creating what we are calling a “zombie-land melt-up”. This very dangerous price action is indicative of money chasing a falling trend. Where technicals and fundamentals are suggesting that price is actually weakening quite substantial, yet the process of price exploration is continually biased towards the upside as investors continue to pile onto the back of the beast expecting a further melt-up.
Let’s take a look at what happened to the ES and Gold in 2006 and 2007. But, wait before you continue reading make sure to opt-in to our free market trend signals newsletter.
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Monday, November 11, 2019
Illiquidity & Gold And Silver In The End Game / Commodities / Gold & Silver 2019
…the financial system experienced some serious liquidity shortages in August 2007, and the Fed injected funds to help keep financial markets operating effectively so that they would continue to support ongoing economic activity
Federal Reserve Bank of San Francisco, August 2007
In August 2007, a credit crunch swept global markets forcing central banks to provide billions in emergency liquidity to ensure markets remained functioning. Despite the emergency infusion, financial markets and investment banks collapsed one year later in the greatest financial crisis since the 1929 stock market crash and the Great Depression of the 1930s.
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Monday, November 11, 2019
Key Things You Need to Know When Starting a Business / Companies / SME
Starting a business in the modern world has never been easier, but there is still a lot that you need to get right and think carefully about. You need to be aware of the fact that there are a lot of things to consider when starting a new business. It’s not as simple as just saying that you are going to be a business owner, and this is something to keep in mind. There are plenty of elements that play a role in this, and you need to come up with great ideas that will help with this.
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Monday, November 11, 2019
Stock Market Cycles Peaking / Stock-Markets / Stock Markets 2019
Current Position of the Market
SPX: Long-term trend – There are no clear signs that the bull market is over.
Intermediate trend – Most likely building 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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Monday, November 11, 2019
Avoid Emotional Investing in Cryptocurrency / Currencies / BlockChain
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Sunday, November 10, 2019
Australian Lithium Mines NOT Viable at Current Prices / Commodities / Lithium
Australia’s Mineral Resources (ASX:MIN) said last week it is pausing operations at its Wodgina lithium project, a joint venture with US-based Albemarle, due to “challenging lithium market conditions.”
“Given the current challenging market conditions for lithium, the MARBL Lithium Joint Venture believes there is more value to be delivered in the long term by placing Wodgina on care and maintenance now,” MIN Managing Director Chris Ellison said, on the same day a transaction concluded giving US-based Albemarle a 60% stake in the facility, located in Western Australia.
Market conditions are difficult primarily for two reasons: low prices due to oversupply from Australian hard-rock lithium producers, most of whom sell their spodumene concentrate to China; and reduced Chinese demand for lithium, after Beijing cut EV subsidies that made electric vehicles more affordable.
Demand has also been dented by bottlenecks in Chinese chemical conversion facilities, that make lithium hydroxide from spodumene concentrate.
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Sunday, November 10, 2019
The 10 Highest Paying Jobs In Oil & Gas / Commodities / Oil Companies
Make no mistake: Oil and gas companies may be doing some serious cost-cutting and slimming-and-trimming to stay competitive after the shale boom binge, but when it comes to employment, it’s still one of the best industries to hit up for a job.
Jobs are booming, just as much as U.S. oil and gas production is.
US oil production has increased from 11.7 million bpd at the start of 2019 to 12.6 million by the end of October, according to the Energy Information Administration (EIA). Natural gas production has risen as well, to 99.1 Bcf/d at the end of October—95 Bcf/d of which is from dry natural gas—up from 91.3 Bcf/d this time last year for total US natural gas production.
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Sunday, November 10, 2019
Gold GLD Update… Bear Watch / Commodities / Gold & Silver 2019
A line chart can give you a different perspective vs a bar chart which is why I like to use them both to help uncover a potential pattern. Line charts can often times give you a quicker heads when a stock is breaking out.
Below is a weekly line chart for GLD which shows you why I’m so concerned about the PM complex right now. As you can see this weekly line chart shows a triple top with the breakout in progress. My biggest concern is that we could see some reverse symmetry to the downside as shown by the blue arrows. Many times how a stock goes up is how it may come down over that same area especially when the move was strong.
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Sunday, November 10, 2019
World's Major Gold Miners Target Copper Porphyries / Commodities / Gold and Silver Stocks 2019
Something has changed in the gold industry. During high gold-price periods the trend was to produce as much as possible - in many cases, irrespective of higher extraction costs per ounce. In a way you can’t blame them for making hay while the sun shone. The gold price rose for 12 consecutive years, hitting an all-time high of $1,907 an ounce in that heady summer of 2011. Why wouldn’t it continue?
Their lack of cost control came back to haunt the major gold miners when prices crashed in 2013, along with their market values.
Partying like it’s $1,900/oz
During the decade-long gold run (2001-11), gold giants like Newmont, Barrick, Goldcorp and Newcrest tried to out-mine each other with the annual ounce count being the main driver of shareholder returns and CEO bonuses.
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Sunday, November 10, 2019
AMAZON NOVEMBER 2019 BARGAIN PRICES - WD My Book 8TB External Drive for £126 / Personal_Finance / Money Saving
BREAKING - We've discovered another Amazon price anomaly for November 2019, this time it's for the Western Digital External My Book Hard drives. Specially the 8tb Model that can be bought right now for just £126, check out the video to see why this is such a bargain price.
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Saturday, November 09, 2019
Five Reasons Why Gold is Still a Superior Investment / Commodities / Gold & Silver 2019
Gold has been the most popular form of investment and one of the most reliable assets recognized for its multiple use and rare value. Following the recent introduction of other investment substitutes, a number of people are made to believe that gold is less superior than the others. This article will highlight five reasons why gold has not lost its value, but still thrives as an investibleRead full article... Read full article...
Saturday, November 09, 2019
Gold & Silver to Head Dramatically Higher, Mirroring Palladium / Commodities / Gold & Silver 2019
Mike Gleason: It is my privilege now to welcome in David Jensen of Jensen Strategic and a highly studied mining analyst and precious metals expert with close to two decades of experience in the mining industry. And it's great to have him back on with us.
David, thanks so much for the time again today, and it's nice to talk to you again. Welcome.
David Jensen: Thank you, Mike. It's good to be back with you again.
Mike Gleason: Well, David, we had you back on at the beginning of the year and you shared some amazing insights on palladium, and we'll get to that in a bit because that market is still very interesting. But first off, you've been watching the Fed balance sheet closely here and I wanted to get your comments about that to begin with. Now, after the extraordinary expansion, which followed the 2008 financial crisis and a few rounds of QE, the Fed began contracting the money supply in 2017. You've been making the case that the withdrawal of liquidity could trigger another catastrophe.
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Saturday, November 09, 2019
Gold This Is NOT Bearish! / Commodities / Gold & Silver 2019
Oftentimes, you need to have patience when it comes to the metals. You see, while they move very quickly when they do move, the rest of the time they simply consolidate until they are ready for their next big move.
We have been waiting to see if the market is going to provide us that deeper pullback we wanted to see, and today seems to have triggered that potential. But, not all charts are showing the same degree of weakness.
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Saturday, November 09, 2019
Oil Price Reversal in Progress / Commodities / Crude Oil
Let's take a closer look at the chart below (chart courtesy of www.stooq.com ) and assess the likely crude oil price path ahead.
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