Wednesday, November 28, 2018
Gold, Original Money, Fiat Money / Currencies / Fiat Currency
The first gold coins appeared around 560 B.C. Over time it became a practice to store larger amounts of gold in warehouses. Paper receipts were issued certifying that the gold was on deposit. These receipts were negotiable instruments of trade and commerce which could be signed over to others. They were not actual currency but are a presumed forerunner to our modern checking system.
Gold is original money. It was money before paper receipts were issued. The paper receipts were not money. They were substitutes for real money. Today, all paper currencies are substitutes for real money.
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Wednesday, November 28, 2018
When Will the Stocks Bull Market End? / Stock-Markets / Stock Markets 2018
As we approach the final month of this year, it’s worth reflecting on our thoughts and actions over the past year. Reflection is how you become a better investor and trader.
I posted the following chart in December 2017. Interesting how this year’s max drawdown is pretty much inline with the average drawdown of -12%
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Wednesday, November 28, 2018
Looking ahead: Why the Smart Money is Investing in Green Energy / Commodities / Renewable Energy
Tech industry headlines might have been focused on Apple’s recent milestone, whereby they officially became the first company in history to achieve a $1 trillion market capitalization, but the renewable energy sector had its own cause for celebration, also starting with the letter ‘t’.
The news from Bloomberg New Energy Finance (BNEF), the world’s total capacity for energy production through wind and solar has surpassed 1 terawatt, and we might not have to wait too long before we can get to the next terawatt, if the current pace of progress, uptake, and innovation keeps up into the future. As a matter of fact, the BNEF makes the surprisingly upbeat prediction that by the year 2023, we might see this achieved at only 46% of what the first terawatt cost.
Tuesday, November 27, 2018
We Are Well Inside the Matrix / Politics / Propaganda
Our politicians and media are not going to allow us to see Russia, and any incidents the country can be linked to, in any other way than black and white, in which we are the good party and they are the black, evil and guilty ones. So we’ll have to do that ourselves.
More than enough has been said about why NATO should have been dismantled when the reason for its existence, the Soviet Union, was dissolved, but nobody listened and NATO has kept expanding eastward and demanding more money, more members, more weapons.
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Tuesday, November 27, 2018
Removing the Cloak from Gold / Commodities / Gold and Silver 2018
The new Alchemist is out. What can we learn from the latest publication of the LBMA? We invite you to read our today’s article and find out!
Banque de France and Gold
The latest edition of LBMA’s Alchemist focuses on the role of central banks in the gold market. Sylvie Goulard, Deputy Governor of Banque de France, wrote the first article, entitled Banque de France and Gold: Past and Future. . According to her, the central bank of France has always been a major player in the gold market. Indeed, in the 19th century, Paris was a major gold centre, while Napoleon (20 franc gold coin) was one of the iconic coins of the 19th and 20th century. And, since its creation in 1800, the Banque de France has held one of the largest gold and silver reserves in the world.
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Tuesday, November 27, 2018
Cashback Mortgage Deals Soar for both Residential and BTL Borrowers / Personal_Finance / Mortgages
With a limited number of people interested in applying for a new mortgage of any type at the moment, product numbers being at all-time highs and competition still pushing interest rates down, mortgage providers seem to be turning to cashback incentives as a way to stand out from the crowd.
The latest research from Moneyfacts.co.uk highlights that cashback incentives as a key product option are becoming more widespread within both the residential and buy-to-let (BTL) mortgage market.
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Tuesday, November 27, 2018
The Yield Curve Will Invert Soon. What’s Next for the Stock Market / Stock-Markets / Stock Markets 2018
December is almost here, and some traders are looking forward to the Santa Claus Rally. We demonstrated that seasonality is not consistent. Hence, seasonality factors are of secondary importance.
Let’s determine the stock market’s most probable direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going up on any given day, week, or month.
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Tuesday, November 27, 2018
Silver Trading and the Hands of a Broken Clock / Commodities / Gold and Silver 2018
Sector expert Michael Ballanger muses on lessons learned and profits to be gained in silver trades. "Even a broken clock is right twice a day." ― Stephen Hunt, The Court of the Air
There are times when every investor has to look long and deep into a mirror and determine whether a well-thought-out strategy is actionable or whether it is simply an ad hoc "hunch," barely worth chasing. With regard to silver, this is just one of those times.
In 2003-2004, I was stopped out four times under $5 per ounce trying to establish a 10-lot futures position in silver (50,000 ounces), which, at the time, demanded US$18,000 in maintenance margin. When I finally threw in the towel, my $18 grand worth of "dead presidents" was worth slightly less than $6,000.
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Tuesday, November 27, 2018
Will DOJ Finally Hold Bullion Banks Accountable for Gold and Silver Market Rigging / Commodities / Gold and Silver 2018
Clint Siegner : It is hard to cheer for the Department of Justice these days, but federal prosecutions have begun to offer hope for precious metals investors hurt by rigged markets and crooked traders.
The DOJ looks poised to do what regulators at the CFTC have not. They will use evidence of blatant cheating and fraud to hold a few bankers accountable.
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Tuesday, November 27, 2018
What's Inside SMIGGLE Christmas Advent Calender 2018 / Personal_Finance / Reviews
Here's our third and final installment of what's inside an SMIGGLE christmas advent calendar 2018, so that you know if its worth buying with its £25 price tag (discounted to £22.50 in Sheffield). As we open up TWO SMIGGLE Calendars to see what goodies it contains. Two calendars because we wanted to check to see if the items vary from calender to calendar.
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Tuesday, November 27, 2018
Investing in Recession Proof Trailer Parks / Companies / Investing 2018
By ROBERT ROSS : Last month was a bloodbath for stocks.
The S&P 500 sat on a 9.4% gain for the year on October 1.
By October 29, the index was down 1.1%—its worst month in seven years.
But I found one group of stocks that bucked the trend. While other stocks fell in tandem, these stocks showed gains.
Tuesday, November 27, 2018
The Advantages and Disadvantages of Debt Consolidation / Personal_Finance / Debt & Loans
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Tuesday, November 27, 2018
GDX, This Most-Hated Stock Could Return You 140% in Just a Few Months / Commodities / Gold and Silver Stocks 2018
Opportunities like this are rare. I study markets for a living and I see one setup like it a year, at the most.But will you listen to me? Will you buy the stock I recommend in this article?
I hope so… because there’s a realistic shot to make roughly 140% in just a few months.
But there’s a catch.
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Tuesday, November 27, 2018
Alarming Lack of Savings Could Affect Christmas Sales Spending / Personal_Finance / Savings Accounts
As consumers are getting engulfed by endless sales offers, those without any savings to spare will likely be worrying about how they will afford Christmas, especially if they don’t want to turn to a credit card or overdraft. A report by the FCA published earlier this year found that more people could be in this situation than one might expect, as they found that more than one in 10 adults has no savings at all.
While there’s little that can be done for Christmas this year, other than to curb spending, the latest release from Moneyfacts.co.uk runs through some of the best savings deals that can be opened right now to start up a savings pot for Christmas 2019.
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Monday, November 26, 2018
Stock Market Sentiment Improves - Upward Reversal or Just Another Bounce? / Stock-Markets / Stock Markets 2018
Stocks slightly extended their downtrend on Friday despite a long-holiday-weekend shortened trading session. The S&P 500 index traded closer to its late October low. Will it reverse upwards off the support level?
The U.S. stock market indexes lost 0.5-0.7% on Friday, as investors' sentiment remained bearish following the recent declines. The S&P 500 index fell slightly below its Tuesday's local low. It got closer to the late October low of 2,603.54. The index is currently trading 10.6% below September the 21st record high of 2,940.91. The Dow Jones Industrial Average lost 0.7% and the Nasdaq Composite lost 0.5% on Friday.
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Monday, November 26, 2018
Trading Charts and Setups: Chances of a FED Interest Rate Hike Falling / Stock-Markets / Financial Markets 2018
As equity markets make a topping formation and US 10 year yield retest 3% level, the chances of a FED hike in 2019 is declining. Govt pressure will build up on Powell into 2019 and we believe this will damage FED ability to freely raise rates even if they wish to. We highlight a few key charts and setups to watch out for as you start a new trading week.
2018 has been a difficult years for every single asset class. The mutual fund industry is bleeding and hedge fund managers are struggling to stay afloat. Traditional investment models do not work any more. This is a year in which both bonds and stocks fell together. Traditional models work on shifting money from one asset class to another. However this year, all classes bled. This year, set apart the genius managers from the ordinary. Fxcot trading system which is primarily a EURUSD, USDJPY trading system has made over 90% this year which is truly incredible given the performance of hedge funds.
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Monday, November 26, 2018
Trump’s Next Target: World Trade Organization / Politics / Global Economy
In the past few months, the Trump White House has started trade wars against its major trade partners, particularly China, and security allies. Without international opposition, the next target will be the World Trade Organization.
As the White House began to escalate the U.S.-Sino trade war last spring, President Trump’s trade adviser Peter Navarro was asked on CNN whether the United States is planning to leave the World Trade Organization (WTO).
Monday, November 26, 2018
These 'Facts' About The Stock Market Will Continue To Get You Whipsawed / Stock-Markets / Stock Markets 2018
I have been getting such a chuckle from the market of late.
As the market made its way down to our 2600 target region towards the end of October, more and more market participants and analysts became more and more bearish. In fact, the bearishness was palpable as we approached 2600SPX.
However, our analysis suggested that the market should bottom in the 2600SPX region, and begin a corrective rally, which then topped at 2815SPX.
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Monday, November 26, 2018
What Is the Stock Market Trying to Tell Us? / Stock-Markets / Stock Markets 2018
Rudi Fronk and Jim Anthony, co-founders of Seabridge Gold, explore what’s next for the stock market and how that will affect gold.
First and foremost, valuations are too high. Third-quarter results have been disappointing. Investors are realizing that sales and earnings cannot grow fast enough to keep the market at record valuations.
Second, the stock market is telling us that its advance has been too narrow. . .too dependent upon a handful of stocks driven higher by the herding effect of passive ETF and index investing where the winners win more because they are winners, boosted by their celebrity status than fundamentals. These market leaders have now been rounded up and summarily shot.
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Monday, November 26, 2018
Stock Market Approach Neckline / Stock-Markets / Financial Markets 2018
VIX advanced during the short holiday week, making a new high and higher low, closing above its weekly Cycle Top at 20.63. Note the Head & Shoulders formation which may give it more impetus in the next week. VIX is also positioned for a triply-indicated surge of strength through mid-December.
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