Sunday, June 17, 2018
Climate Change and Fish Stocks – Burning Oxygen! / Politics / Climate Change
University of British Columbia students combed through studies of fish in the North Sea. Their results were surprising - some species are getting smaller due to warmer waters. That causes lower oxygen concentrations in the water, resulting in fish burning energy faster. Larger fish species can’t get enough oxygen to keep up with the higher metabolism, meaning they mature at a smaller size, explained Science magazine.
A story in IRIN, a blog about environmental and other crises, describes the “perfect storm” that is occurring in the oceans due to overfishing and climate change. The result could mean a dramatic decline in fish stocks, with the most serious affect being malnutrition in poor countries in tropical climates that depend on fishing as a protein staple.
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Sunday, June 17, 2018
How Oil Prices Are Affecting Real Estate / Commodities / US Housing
I had a finance professor in college who referred to self-evident ideas as BGOs, or blinding glimpses of the obvious.The term stuck with me, and my kids have heard it their entire lives.
And it came to mind recently when I considered if rising oil prices weighed on the real estate market.
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Sunday, June 17, 2018
North Korea, Trade Wars, Precious Metals and Bitcoin / Commodities / Gold and Silver 2018
Bob Moriarty of 321 Gold, in a wide-ranging conversation with Maurice Jackson of Proven and Probable, discusses issues from North Korea to Bitcoin. Maurice Jackson: Joining us for a conversation is Bob Moriarty, the founder of 321gold, and 321energy.com, and the author of two of my personal favorite books, "The Art of Peace," and "Nobody Knows Anything." Welcome to the show.
I recall when President Trump took office, you shared he will either be the best president or the worst president we've ever had. Now I don't know where he fits into that narrative for you so far, but I have to say that President Trump is not afraid of breaking paradigms. There are series of geopolitical events occurring right now, that have the world’s attention, and I'd like to get your thoughts regarding those. Beginning with the G7 Summit, which just concluded last week. And it got a little testy, if you will, between the United States and the other members, in particular Canada. Give us your thoughts on why these events unfolded, and what do you see being the likely outcome?
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Saturday, June 16, 2018
A $1,180 Ticket to NEW Trading Opportunities, FREE! / Stock-Markets / Financial Markets 2018
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Saturday, June 16, 2018
Gold Bullish on Fed Interest Rate Hike / Commodities / Gold and Silver Stocks 2018
Gold weathered the Federal Reserve’s 7th rate hike of this cycle this week. Gold-futures speculators and to a lesser extent gold investors have long feared Fed rate hikes, selling ahead of them. Higher rates are viewed as the nemesis of zero-yielding gold. But contrary to this popular belief, past Fed rate hikes have proven very bullish for gold. This latest hike once again leaves gold set up for a major rally in coming months.
The Fed’s Federal Open Market Committee meets 8 times per year to make monetary-policy decisions. These can really impact the financial markets, and thus are closely watched by gold-futures speculators. These elite traders wield wildly-outsized influence on short-term gold price action due to the truly extreme leverage inherent in gold-futures trading. What they do before and after FOMC decisions really impacts gold.
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Saturday, June 16, 2018
Respite for Bitcoin Traders Might Be Deceptive / Currencies / Bitcoin
Bitcoin has been denying the bullish ideas of some of the investors for some time now. At the moment, the currency is in a particularly important zone. One specific move out from this area could result in extreme moves, boosting profits on our hypothetical positions.
Bitcoin is still going down. As always, there is an explanation for every move. In an article on CNBC, we read:
The digital currency fell to a low of $6,133.31 as of 1 p.m. ET, according to data from CoinDesk. Bitcoin has lost half its value this year after skyrocketing to almost $20,000 in December.
Saturday, June 16, 2018
Trump - See? Now You Did It! / Politics / UK Politics
This is something I’ve commented on many times. Like two months ago, when I wrote:
Read full article... Read full article...“As for Donald Trump, as much as we would like to engage in constructive criticism of the man and his government, we find we no longer can. The anti-Trump echo-chamber has turned so deafening that any intelligent debate about his policies is being drowned out amid the never ending flow of fake news and half truths and innuendo and empty smears that US media continue to spout. With a brief lull when the bombs fell on Syria.
Saturday, June 16, 2018
Bitcoin Price To $0 Or $1 Million In One Year? Video / Currencies / Bitcoin
– Bitcoin price in one year (June 2019)?
– Bitcoin at $10,000 is the call of majority of MoneyConf poll participants
– Bears see bitcoin at $0 while uber bulls see $100k/$1m (incl. Max Keiser)
– Is binary and “bitcoin will likely go to zero or go much higher”
– “Which cryptocurrency are you betting on in 2019?” – MoneyConf poll asks
Friday, June 15, 2018
The Euro Crashed Yesterday. Bearish for Euro and Bullish for USD / Currencies / Euro
The Euro crashed yesterday on the ECB’s meeting. This is the worst 1 day crash since June 2016 (Brexit).
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Friday, June 15, 2018
Inflation Trade, in Progress Since Gold Kicked it Off / Commodities / Gold and Silver 2018
I am sure you remember the lead up to Q1 2016. The US economy and stock market were transitioning from a Goldilocks environment and narrowly avoiding a bear market while the rest of the world was still battling deflation. Precious metals and commodities were in the dumper and try though US and global central banks might, they seemed to fail to woo the inflation genie out of its bottle at every turn.
Then came December of 2015 when gold and silver made bottoms followed by the gold miners in January of 2016. Then by the time February had come and gone the whole raft of other inflatables (commodities and stocks) had bottomed and begun to set sail.
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Friday, June 15, 2018
Can Saudi Arabia Prevent The Next Oil Shock? / Commodities / Crude Oil
The ongoing speculation online about the future of cooperation between Russia and OPEC seems to be a little one-sided. The main point of discussion up until now has been the fact that, due to international pressure (such as Trump’s Twitter diplomacy, perceived Russian willingness to open up the taps and pressure from Asian consumers) Saudi Arabia will be willing to revoke its current production cut stance.
Current volatility in the global oil market is, according to most analysts, due to fears that markets are facing a severe threat. A doomsday scenario is being painted in the media which suggests that oil prices will collapse as Moscow and Riyadh allow for OPEC compliance to slip, and that a glut of Saudi crude will be hitting the market. This has been the leading theme in the last couple of days, after reporters stated that Moscow and Riyadh are ready to assist the market.
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Friday, June 15, 2018
The Biggest Online Gambling Companies / Companies / Gambling
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Friday, June 15, 2018
Powell's Excess Reserve Change and Gold / Commodities / Gold and Silver 2018
Why a seemingly run-of-the-mill announcement yesterday by Fed chairman Powell might signal a major turning point for the gold market. . . and perhaps ALL markets.
At the end of Fed chairman Jerome Powell’s opening statement for his press conference yesterday he dropped a major surprise on the markets that immediately sent the dollar and stocks tumbling and gold, silver and bonds vaulting higher. All the markets mentioned experienced sudden sharp reversals at the time of the “surprise.” Those trends have carried over to today’s market action.
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Friday, June 15, 2018
Is This a Big Sign of a Big Stock Market Turn? / Stock-Markets / Stock Markets 2018
Financial legislation might mean something different than most investors believes it means
A stock market warning has just developed for those who are bullish.
Here's what I'm talking about (CNBC, May 22):
The House voted May 22 to pass the biggest rollback of financial regulations since the global financial crisis.
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Friday, June 15, 2018
Will Italy Sink the EU and Boost Gold? / Commodities / Gold and Silver 2018
The recent growth acceleration in the EU could distract attention from problems of the common bloc. Fortunately, you can always count on Italy. Whenever you start thinking that only bright future is ahead of the union, the descendants of the proud Romans remind about themselves. Indeed, Italy focuses three major EU’s problems like in a lens. What are they and how could they affect the gold market?
First, populism. As you remember, Italians held general elections in March. As we reported then, the populist party founded by comedian Beppe Grillo won about one-third of the votes.. Since then, the Five Star Movement and League, the two biggest parties in the new parliament, have been negotiating to form a new government. In May, they finally published a contract for their shared platform.
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Friday, June 15, 2018
Bumper Crash! Land Rover Discovery Sport vs Audi / ConsumerWatch / Motoring
We recently made the fatal mistake of visiting the Thorpe Park Theme Park in London. We were completely unaware of the nightmare that becomes its car park when trying to exit the park where even leaving exiting for a couple of hours makes little difference to the ensuing chaos! CRASH BANG! Find out what happened in my latest video in our Land Rover Discovery Sport Series of just how a Land Rover fairs in an car accident when hit from behind by an Audi, which comes off worse?
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Thursday, June 14, 2018
Stock Market Topping Pattern or Just Pause Before Going Higher? / Stock-Markets / Stock Markets 2018
It was all about the FOMC Rate Decision release on Wednesday, and stocks' initial reaction to that news was slightly negative. The broad stock market extended its short-term consolidation along the resistance level. Will the uptrend continue or is this some topping pattern ahead of downward reversal? There are still two possible medium-term scenarios.
The U.S. stock market indexes lost between -0.1% and -0.5% on Wednesday, as investors reacted to the Fed's interest rate hike announcement. The S&P 500 index is still close to its mid-March local high of around 2,800. It currently trades 3.4% below January's 26th record high of 2,872.87. The Dow Jones Industrial Average lost 0.5%, and the technology Nasdaq Composite lost 0.1% yesterday.
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Thursday, June 14, 2018
Is the ECB Ending QE a Good Thing? Markets Think So / Stock-Markets / Financial Markets 2018
SPX finally made its Master Cycle high at 11:30 am at 2791.47, just 10 points shy of its March 13 high. Nevertheless, this counts best as the “top” of Wave [2]. SPX futures put in an overnight high of 2789.00 but have eased down. The decline from the top so far is miniscule, so any (short) positions taken here would be considered to be aggressive.
Should the Orthodox Broadening Top be accurate, the next target would be “point 6” near 2570.00. The Ending Diagonal agrees, since a break of the lower trendline near 2740.00 may send the SPX to its target at 2553.80. This would give the SPX a clear break of its 200-day Moving Average at 2652.40.
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Thursday, June 14, 2018
Yield Curve Continues to Flatten. A Bullish Sign for the Stock Market / Stock-Markets / Stock Markets 2018
The Treasury yield curve continues to flatten. The 10 year yield – 2 year yield is now at 0.39%. Or as the bears would have you believe, “the Fed is about to end the economy and stock market”.
Facts and data disagree.
This is the first time in the current economic expansion cycle in which the yield curve flattened to 40 basis points (0.4%). As you can see, the yield curve still needs to flatten a lot more before a recession and bear market begins.
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Thursday, June 14, 2018
Trump-Kim Deal and the Long Path to Peace in the Korean Peninsula / Politics / GeoPolitics
The new Trump-Kim joint agreement could prove a promising ‘memorandum of understanding.’ However, it is not just about denuclearization; it should also be about peace and U.S. withdrawal from the Korean peninsula.Here are the facts: Following hours of closed-door talks in the Hotel Capella Singapore, President Trump and North Korean leader Kim Jong Un signed a joint four-point agreement: to establish new US-North Korean relations, a stable peace regime, a North Korean commitment to achieve the “complete denuclearization” of the Korean peninsula, and the repatriation of the remains of American prisoners of war.
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