Saturday, September 22, 2018
The News Just Ain’t The News No More / Politics / Social Media
Two thirds of Americans get at least some of their news on social media. Google and Facebook receive well over 70% of US digital advertising revenues. The average daily time spent on social media is 2 hours. Just a few factoids that have at least one thing in common: nothing like them was around 10 years ago, let alone 20. And they depict a change, or set of changes, in our world that will take a long time yet to understand and absorb. Some things just move too fast for us to keep track of, let alone process.
Those of us who were alive before the meteoric rise of the hardware and software of ‘social’ media may be able to relate a little more and better than those who were not, but even that is not a given. There are plenty people over 20, over 30, that make one think: what did you do before you had that magic machine? When you walk down the street talking to some friend, or looking at what your friends wrote on Facebook, do you ever think about what you did in such situations before the machine came into your life?
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Friday, September 21, 2018
Elliott Wave Analysis of the SP-500 (SPX) / Stock-Markets / Stock Markets 2018
The advance from the April lows is currently the focus for us, as I believe the orthodox low for wave [4] was made in April 2018, so we are trying to count an impulse wave (5 wave advance). With the sub-divisions from the April lows, we can now suggest there are enough gyrations in place to warrant some caution for the current bullish trend from those April lows. The Dow Jones Industrial Average also confirmed the SPX idea and made a new all-time high, so that’s now aligned all 3 markets NDX, SPX and the DJIA with the same impulse wave idea from the 2016 lows.Read full article... Read full article...
Friday, September 21, 2018
Dow Broke Out and Made a New All-time High! What’s Next / Stock-Markets / Stock Markets 2018
The Dow has lagged other indices most of the year, but is finally starting to outperform.
The Dow has now broken out to a new all-time high for the first time in 163 trading days.
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Friday, September 21, 2018
Are You Blind To What's Really Going On In The Market? / Stock-Markets / Elliott Wave Theory
In this article, I am going to do something a little different from my usual articles and start with my perspective on market direction, and then move into the issues I see in the market today.
I have long believed that we can see the 3000+ region before we get that 30% correction I have been looking for in the 2019-2020 time frame. And, as usually occurs, that market top will be accompanied by excessive bullishness among the masses. While many of the pundits have believed we will crash every week for years, the public seems to ignore them (appropriately) and have become much more bullish of late.
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Friday, September 21, 2018
China Is Building the World’s Largest Innovation Economy / Economics / China Economy
China is on its way to becoming the largest economy in the world.In just one generation, something like 300 million+ people went from rural subsistence farming to urban industrial and technology jobs. This transition from rural poverty to export powerhouse to consumer goliath may be the most consequential economic event in centuries.
Yet this story is largely ignored in the US and in much of Europe. We hear about a few projects here and there, but we don’t understand the extent.
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Friday, September 21, 2018
How Can New Companies Succeed in the Overcrowded Online Gambling Market? / Companies / Gambling
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Friday, September 21, 2018
Why the Next Market Crash Will Not Take Gold Down / Commodities / Gold and Silver 2018
Rudi Fronk and Jim Anthony, founders of Seabridge Gold, discuss what they believe will happen to gold if there is another financial crisis. The global financial crisis of 2008 was essentially caused by excessive leverage, a loss of confidence in real estate credit and a resulting sudden collapse of liquidity in the financial system. The central bank response was to lower interest rates and flood markets with liquidity. Since then, debt loads have increased more than 30% and the percentage of higher risk credit has also grown sharply. Many analysts believe that another crisis is possible due to a combination of enormous leverage and deteriorating credit standards. What will happen to gold if we have another financial crisis?
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Thursday, September 20, 2018
Can Bitcoin's True Value Be Zero? / Currencies / Bitcoin
The perspective that most have about Bitcoin ranges from complete lack of knowledge to utter certainty that it will change the world. Moreover, there are really no true “fundamentals” with which analysts are able to even attempt to value it based upon traditional methods. But, that certainly has not stopped everyone and their mother from providing their opinion based upon their “feelings.”
Yes, most of what you see presented on the valuation of Bitcoin is nothing more than the analysts’ “feelings.” In fact, I read an article a few days ago which provided the perfect example of this phenomena seen in the crypto-currency market. In a recent article, Geoffrey Caveney provided us his “feelings” about Bitcoin:
Thursday, September 20, 2018
Are Gold And Silver Going To Follow A Rebound In Asian Stocks? - Audio / Commodities / Gold and Silver 2018
Are Gold And Silver Going To Follow A Rebound In Asian Stocks?
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Thursday, September 20, 2018
Golden Sunsets in the Land of U.S. Dollar Hegemony / Commodities / Gold and Silver 2018
Michael Ballanger discusses the current state of precious metal markets. I shall pass along my thoughts on the tenth anniversary of the 2008 bank bailouts, currency chaos and the un-precious metals in no particular order and with no specific agenda. More important, I want to pay tribute to a writer whose work I truly love, Rolling Stone magazine's Matt Taibbi. Taibbi's work reminds me of an era-gone-by when reporters actually reported and where "fake news" was at the least an excuse for the originator to be blackballed from the journalistic fraternity and at the worst a jail sentence. The senior editors in the newspaper business demanded that their reporters verified facts by way of constant scrutinization of sources while chasing down leads for days on end in order to allow something controversial to hit the media screens. Matt covered the "Great Financial Crisis" ten years ago and immediately after that, he was the chap that nicknamed Goldman Sacks "a great vampire squid" whose claim to fame and prosperity was how it was "wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."
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Thursday, September 20, 2018
5 Things to Keep in Mind When Buying a Luxury Car in Dubai / Personal_Finance / Motoring
Dubai is one of the posh cities where you would find luxury cars of various brands taking stroll on the lavish streets. Well, this can be quite exciting and also thought-provoking at the same time. What are the procedures that are required to buy a luxury car in Dubai and what are the things to be kept on mind when you are investing in a luxury car while you are in Dubai.
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Thursday, September 20, 2018
Gold Price Seasonal Trend Analysis - Video / Commodities / Gold and Silver 2018
This is my third video in a series of 5 that conclude in a detailed trend forecast for the Gold price for the whole of the remainder of 2018.
- Gold Price Trend 2018 Recap
- Trend Analysis
- Seasonal Analysis
- US Dollar
- Forecast Conclusion
Thursday, September 20, 2018
Gold Stocks Remain in Downtrend but Uranium Stocks on the Cusp of New Bull Market / Commodities / Uranium
Gold stocks failed to breakout in the spring and then brokedown to multi-year lows by September. As autumn beckons, the precious metals sector at large is very oversold and could be starting a rebound. However, the fundamentals are not yet in place for a new bull market. They will be when the Fed moves to the end of this rate hike cycle. Although gold stocks and most commodity stocks are mired in downtrends, that isn’t the case for uranium stocks which appear to be on the cusp of a new bull market.
According to Trade Tech, the spot price of uranium is $27.70/lb which is a two and a half year high. The price has begun to rise after basing for several years.
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Thursday, September 20, 2018
Here’s Why "Strong Jobs" Don't Mean "Higher Stocks" / Stock-Markets / Stock Markets 2018
The stock market leads the economy, not the other way around
It's a wonderful thing when jobs are added to the U.S. economy.
But, as far as investing goes, history shows that you should not bet your stock market portfolio on it. Conversely, even a series of weak jobs reports doesn't mean you should bet against stocks.
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Thursday, September 20, 2018
The Stealth Reason Why the Stock Market Keeps On Rising / Stock-Markets / Stock Markets 2018
KEY MESSAGE:
- The US stock market continues to rise because it is increasingly dominated by shrinking "availability & supply",
- All three stock "Pools" are shrinking in a stealth & unappreciated fashion,
- There is an increasing potential for a "Minsky Melt-Up" based on an even stronger US dollar (i.e. An Emerging Market Flight to Safety),
- Expect a coming M&A corporate focus using inflated stock as the takeover currency to answer slowing corporate growth .... further reducing listing and outstanding share pools.
- Expect market rotation from Growth to Value in the near term versus the final Topping of the equity markets.
Thursday, September 20, 2018
Sheffield School Applications Crisis Eased by New Secondary Schools Places / Local / Educating Children
It looks like the city of Sheffield has finally turned the corner in respect of it's 8 year long self created crisis in school places with the opening of two new secondary schools Astrea in Burngreave and Mercia just south of Netheredge which will especially seek to take the pressure off of schools in the South West of the city Silverdale and High Storrs which have literally been swamped by over subscription, even after doubling the intake.
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Wednesday, September 19, 2018
Precious Metals Sector: It’s 2013 All Over Again / Commodities / Gold and Silver 2018
We have some good news and some bad news for both: precious metals bulls and bears. Based on new developments it’s even more likely that we are just before the huge price decline in gold, silver, and mining stocks, but at the same time it also appears likely that the final bottom will take place later than we had expected, based on the previously available information.
Let’s start with additional bearish confirmations (charts courtesy of http://stockcharts.com). In our Monday’s analysis, we compared the price performance of gold that we saw in the recent months to what happened in 2013, right before the big $200+ plunge that took place in only 2 trading days. In today’s analysis, we will extend this analogy also to other markets. But first, let’s recall the Monday’s analysis.
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Wednesday, September 19, 2018
US Dollar Head & Shoulders Triggered. What's Next? / Stock-Markets / Financial Markets 2018
SPX made its final high yesterday afternoon. The top-to-top time was 12.9 days, fitting my thesis that the impulsive decline and retracement fits in Cyclical time. This morning’s futures are lower, indicating that a new impulse may be underway, although it may remain shallow for the better part of the day. There is a potential Head & Shoulders formation that, when triggered, may send the SPX beneath its smaller Broadening Wedge.
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Wednesday, September 19, 2018
Silver Looks Poised To Move Soon / Commodities / Gold and Silver 2018
A key difference between silver and gold prices is the fact that silver already bottomed in 1993, whereas gold bottomed only in 1999.
This means that from 1993 to 1999 silver was actually in an uptrend, while gold was still caught in a downtrend. This little known fact might not have been so important to date; however, it might become more important as this bull market progresses.
I have put together a silver chart that touches on this issue, since it would not be possible to do this for gold, because gold has technically had only one phase, whereas silver has had two:
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Wednesday, September 19, 2018
Inflation Eating into 99% of Standard UK Savings Accounts / Personal_Finance / Savings Accounts
Savers are still being left at the mercy of inflation eroding their hard-earned cash, despite a boom in the number of rate rises in the market. Today, less than 1% of the standard savings market can beat a return of 2.70%, meaning that 99% of the standard savings account market* is being eroded by inflation.
Savings rate increases have outweighed cuts for 19 consecutive months, with Moneyfacts.co.uk recording 219 rate rises in August compared with just 28 cuts. Furthermore, statistics released today show the Consumer Prices Index (CPI) rose to 2.7% during August, meaning there are only 4 fixed rate bonds (based on a £10,000 deposit) that can match or beat inflation*. Within that, there are just 2 fixed bonds that beat 2.70%, which represents less than a 1% share of the standard savings market.
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