Saturday, June 16, 2018
Bitcoin Price To $0 Or $1 Million In One Year? Video / Currencies / Bitcoin
By: GoldCore
– 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
By: Troy_Bombardia
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
By: Gary_Tanashian
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
By: OilPrice_Com
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
By: Steve_Marks
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Friday, June 15, 2018
Powell's Excess Reserve Change and Gold / Commodities / Gold and Silver 2018
By: Michael_J_Kosares
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
By: EWI
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
By: Arkadiusz_Sieron
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
By: N_Walayat
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?
Thursday, June 14, 2018
Stock Market Topping Pattern or Just Pause Before Going Higher? / Stock-Markets / Stock Markets 2018
By: Paul_Rejczak
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
By: Anthony_Cherniawski
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
By: Troy_Bombardia
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
By: Dan_Steinbock
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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Thursday, June 14, 2018
How Online Gambling has Impacted the Economy / Economics / Gambling
By: Steve_Marks
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Thursday, June 14, 2018
Crude Oil Price Targeting $58 ppb Before Finding Support / Commodities / Crude Oil
By: Chris_Vermeulen
With the G7 meeting concluding and the world about to start reacting to what was said and what was heard, it is time to take a look at the Crude charts with our Advanced Fibonacci price modeling system.
Our research team, at www.TheTechnicalTraders.com, believes Crude will continue to drift lower over the next few weeks testing the $60 ppb level before breaching this support level and ultimately targeting $58 or lower. Lacking a real resolution to the trade and other global issues, we believe continue global economic pressures will drive oil prices dramatically lower over time – at least through the Summer months.
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Thursday, June 14, 2018
Stock Market Near Another Top? / Stock-Markets / Stock Markets 2018
By: Brad_Gudgeon
According to the Gann astro/cycles and my wave counts, we are near another important top. Ideally, this top should occur on June 14/15. The next possible cycle low is due sometime between June 28/29 and July 3/5 depending on the count and final top. My preferred count has the S&P 500 moving down into July 3/5 to a slightly higher high than the 2553 mark tagged on April 2. The alternate has a much lower drop going down into the 2460’s by June 28/29. The ideal top this week is a minimum 2805 SPX.When the market fell in February, it readjusted the normally dominant 20 week cycle, which is now due toward the end of June or early July. The Gann 64/128 TD lows remain the same, due in early July. At any rate, we should see a nice summer rally out of the expected drop. Major cycles are due to top on August 19th one month and fall into mid November and even January-February 2019.
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Thursday, June 14, 2018
Thorpe Park REAL Walking Dead Living Nightmare Zombie Car Park Ride Experience! / ConsumerWatch / Theme Parks
By: N_Walayat
Summer is here and families will be busy planning multiple visits to Britains theme parks, where the number 1 UK operator is the Merlin group with it's 32 theme parks and attractions including 10 or so in and around London, which includes Thorpe Park situated in Chertsey. The theme parks latest attractions feature the Walking Dead Ride and the Walking Dead Live Experience. Unfortunately the zombie nightmare continues even AFTER the park rides have closed as the park becomes a dangerous nightmare to escape! So motorists need to be fully aware of the nightmare that is this theme parks car park truly is! As was our recent experience when we visited Thorpe Park for the first and LAST time!
Wednesday, June 13, 2018
The $USD Thinks the Fed Will Choose Inflation / Economics / Inflation
By: Graham_Summers
The Fed meets today, and whatever happens will be a BIG “tell” for the rest of the year.
On the one hand, inflation is clearly seeping fully into the financial system. Even the ridiculously massaged CPI measure of inflation shows it is close to 3%.
This would suggest the Fed would move aggressively to hike rates to curb inflation.
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Wednesday, June 13, 2018
More on that Gold and Silver Ratio 'Deviant Conundrum' / Commodities / Gold and Silver 2018
By: The_Gold_Report
Michael Ballanger Precious metals expert Michael Ballanger discusses the gold-silver ratio and the state of the precious metals market. Based on the feedback I received over the weekend, I thought a quick follow-up would be in order on the topic of "deviant conundrum" because it was told to me by a wonderfully gifted retired English teacher that I was on the edges of plagiarizing my hero, Sir Winston Churchill, who once described Russia as "a puzzle wrapped in a mystery inside an enigma." Given that I have been a fanatical fan of that wonderful Englishman since my boyhood, it stands to reason that I might have borrowed a few of his words because I have read virtually everything that man has written AND spoken since the 1960s. Being of English grand-parentage on both sides, it is at once both understandable and reprehensible that I worship Sir Winston; he would have been at the very center of the bull's eye of the "Me Too" movement because of his views and attitudes not toward women, but toward those with inferior intellect and substandard courage. He would say today that those without either intellect or heart would not deserve anything vaguely resembling a "safe space." Had there been a "safe space" movement in 1939, we would all be speaking German today because the rogues like Churchill would never been allowed to run the country.
Wednesday, June 13, 2018
Silver Shares? Nobody Cares / Commodities / Gold and Silver Stocks 2018
By: P_Radomski_CFA
Almost nothing happened on the precious metals market yesterday, or at least that may seem to be the case as the first sight. And that’s true if one doesn’t count the spike in GLD’s volume, but there was something else that actually should have caught one’s attention and it probably wasn’t the case for many gold traders. Silver stocks just broke to new monthly low. What does this tell us?
It’s a subtle clue that the next big move in the precious metals sector is going to be downside. Think about it – silver stocks had an excellent reason to rally – silver moved visibly higher in the past several days. Yet, instead of showing similar strength, the silver miners moved back and forth moving to new lows. That’s a clear sign of weakness. Let’s take a closer look at both markets.
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