Friday, June 08, 2018
The Deviant Conundrum Called Silver / Commodities / Gold and Silver 2018
Precious metals expert Michael Ballanger discusses silver's mercurial aspects. When I was a young lad, there was a classmate (let's call him "Frankie") in the very early years of my education whose behavior was quite often deemed as "peculiar" and while I found him immensely entertaining, the teaching staff and my fellow students did not entirely agree. Frankie was the kind of kid who would bang on our doorknocker on a frigid winter morning just before sunrise, fully clad in hockey skates, gloves and stick, and ask if he could skate on our frozen backyard hockey rink. The fact that it was a school day made it not exactly the brightest of decisions but my Dad would invariably say "Alright. You two boys have got 20 minutes then back in your houses to get ready for school." It was never an outright rejection on the grounds of unsuitable behavior; it was more so an accommodation for the simple reason that 20 minutes of hockey at 6:35 a.m. in advance of school was a "noble enterprise" and certainly beat watching Captain Kangaroo over a bowl of Fruit Loops.
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Friday, June 08, 2018
Pleasure Island Theme Park Cleethorpes, Last Day Trip Before it Closed Down / Personal_Finance / Theme Parks
Sadly one of the few theme parks in the Yorkshire / Lincolnshire region, Pleasure Island at Cleethorpes closed down last year with the gates closed for the final time on 29th October 2017. We had visited Pleasure Island a number of times over the years as it was easily one of the most affordable theme parks, as cheap as a £5 Tesco Club card voucher! So here is our video of a trip down memory lane of our LAST visit to Pleasure island at Cleethorpes when we enjoyed the parks rides, attractions and shows for final time as the rides were all auctioned off earlier this year so there is no going back, it's GONE!
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Friday, June 08, 2018
America’s One-sided Domestic Financial War / Politics / Financial Markets 2018
Domestically, there are two institutions which are capable of starting, executing, and managing a domestic or a global financial war. The first is the Federal Reserve System, which with its banks has the unfettered power to print money, create credit, and set interest rates. The second is our own government which through its elected officials sets foreign policy that includes its demonstrated power to influence foreign elections, covertly remove uncooperative foreign leaders from office, and to wage war both physical and financial without any formal declarations. America’s participation in the Korean War over seventy years ago was defined as a police action rather than a war which would have required Congressional approval, and conflicts since then have mostly eluded the requirement for congressional approval. However, no financial war has required a formal declaration nor Congressional approval, as they are initiated against any targeted country without visible bloodshed, frequently on a clandestine basis.Read full article... Read full article...
Friday, June 08, 2018
Debt Consolidation Advice: When and Why to Consolidate / Personal_Finance / Debt & Loans
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Friday, June 08, 2018
Advanced World’s Reality: G6 Summit Minus G1 / Politics / Global Economy
The G7 Summit is split between the United States and six other major advanced economies. President Trump’s unipolar economic and strategic doctrines are undermining US alliances, world trade – and America itself.Recently, the Trump administration’s officials marked its 500 days with a chorus of tweets. “Many believe I’ve accomplished more than any other president,” Trump said. When he arrived in the office, markets had enjoyed an unsustainable boom, as corporate America expected the president to fulfill his pledges of radical liberalization, privatization and deregulation.
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Friday, June 08, 2018
U.S. Jobless Claims Lower than Expected / Economics / Unemployment
The U.S. Unemployment rate just posted a new 45-year low. That is good news for the S&P 500.
The number of Americans filing for unemployment benefits fell by 1 thousand to 222 thousand in the week ending June 2. This occurred after the previous week's revised level of 223 thousand and below the market's expectations
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Friday, June 08, 2018
Get Out Of Crypto Cannabis Bubble Before It Pops and Move Into Bargain Basement Miners / Commodities / Gold and Silver Stocks 2018
Summary
1)2018 has seen so much volatility in the equity and bond markets after going straight up since 2009.
2)"Everything" bubble is simply the result of record low negative real rates manipulated by Central Bankers to prevent deflation by all means possible.
3)The ending of QE combined with increasingly inflationary concerns has sparked the US to start raising rates.
Thursday, June 07, 2018
The US Dollar Has Already Figured Out That Inflation is Coming / Economics / Inflation
The Fed has gone dovish. In fact, it’s going to allow inflation to explode higher.
That, in of itself, is significant… to understand why, we first need to acknowledge how the Fed currently operates to control risk in the financial system.
The Fed currently has two primary tools for controlling the financial system. They are:
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Thursday, June 07, 2018
Shangri-La Arms Race: Or Follow the Money / Personal_Finance / Military Spending
As the Trump administration seeks to boost arms sales in Asia, the Shangri-La Dialogue is morphing into a marketing arm of Western arms exporters in Asia.At the Shangri-La Summit, U.S. Defense Secretary James Mattis accused China of "intimidation and coercion" in the Indo-Pacific. "Make no mistake: America is in the Indo-Pacific to stay. This is our priority theater," he said. What Mattis left unsaid was why America wants to stay in Asia and how U.S. defense contractors hope to turn the region into a weaponized cash cow.
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Thursday, June 07, 2018
Judgment Day for the ECB / Interest-Rates / ECB Interest Rates
Will the ECB Withstand Pressure?
Next week, the ECB will hold its monetary policy meeting. The bank was expected to start winding down its stimulus program at the end of 2018. However, Italian turmoil led some analysts to think that the ECB will remain cautious. Will the ECB withstand the pressure or funk? And what does it all mean for the gold market?
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Thursday, June 07, 2018
Suspended Sentences for Sheffield Tree Protestors - Videos of the Incidents that Triggered the Court Case / Local / Sheffield
Four Sheffield citizens were in High Court this week for potential committal to prison as the Labour controlled council took the four to court for the parts they played in Sheffield's anti street trees felling protests that have seen more than 20 arrests this year alone which culminated in an halt to tree fellings announced late March in the run up to the May 3rd local elections that continues. At the conclusion of the trial Justice Males verdict was that the case had been proven against three of the campaigners - Simon Crump, Fran Grace and Benoit Compin that they breached the injunction banning direct action against tree fellings, whilst reserving judgement on the fourth person, Paul Brooke.
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Thursday, June 07, 2018
Sharp Dollar Appreciation and Gold / Commodities / Gold and Silver 2018
On the macroeconomic front, the rapid strengthening of the U.S. dollar has been the most important development since the latest edition of the Market Overview. Let’s mull over the reasons behind it and its potential effects on the gold market.
As one can see in the chart below, the U.S. dollar appreciated 6 percent against the broad basket of currencies since its bottom from the early February. But the real rally started in mid-April. Since April the 17th, the index rose from 117.27 to 122.16 on May the 18th, for more than 4 percent.
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Thursday, June 07, 2018
Axel's Stock Market Outlook / Stock-Markets / Stock Markets 2018
Ask me what I am currently most enthusiastic about in the markets, and I’ll tell you it is the underpricing of rate hike expectations. Let me elaborate on why, what it means for investors’ portfolios and how to possibly profit from it.
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Thursday, June 07, 2018
Blue Chips Take the Lead, Enough to Push Stock Market Higher? / Stock-Markets / Stock Markets 2018
Investors' sentiment continued to improve on Wednesday, as the broad stock market accelerated its short-term uptrend following Monday's breakout above three-week-long consolidation. The S&P 500 index gets closer to march local high. Will the uptrend continue? There are still two possible medium-term scenarios, but bulls are much happier now.
The U.S. stock market indexes gained between 0.7% and 1.4% on Wednesday, extending their short-term uptrend, as investors' sentiment continued to improve and blue-chip stocks regained their strength. The S&P 500 index broke above 2,750 mark and it currently trades just 3.5% below January's 26th record high of 2,872.87. The Dow Jones Industrial Average gained 1.4%, as it was relatively stronger than the broad stock market yesterday, and the technology Nasdaq Composite gained 0.7%.
Thursday, June 07, 2018
Stock Market More Important for Gold than US Dollar / Stock-Markets / Stock Markets 2018
The fundamental drivers for Gold and the US Dollar are similar and that is why they typically trend together. Negative and/or falling real rates drive Gold and the same drives the greenback though with respect to differentials between the other competing currencies. When real rates are rising or strong in the US that is bearish for Gold and bullish for the US Dollar. The opposite is also true. And with the US Dollar being the global reserve currency, it naturally competes with Gold, which is an alternative. All being said, history as well as recent action suggests that weakness in the stock market is more crucial to Gold’s future than weakness in the US Dollar.
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Thursday, June 07, 2018
Why $10,000 Gold Will Not Be What You Think / Commodities / Gold and Silver 2018
For almost 7 years now, I have been actively engaged in the online community relating to investing opportunities. In fact, my first public article about a specific asset was when I called for a top in gold back in the summer of 2011, when most were certain we were about to easily eclipse the $2,000 mark. However, my expectation was that the $1,915 region would likely put a cap to this rally, despite the parabolic rally we were experiencing in gold at the time. And, as we now know, gold topped at $1,921 about a month after my top call.
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Thursday, June 07, 2018
CFD Assets: Shares / InvestorEducation / Learn to Trade
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Wednesday, June 06, 2018
Precious Metals Represent Something True / Commodities / Gold and Silver 2018
You began investing in precious metals because they represent something honest.
Gold and silver are tangible, scarce, and beautiful. People have always recognized them as such. Societies naturally gravitated toward using them as a trusted medium of exchange – money – almost as soon as societies were formed.
Over time civilizations have come and gone. The world has seen constant social upheaval and change.
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Wednesday, June 06, 2018
Gold’s Breakout vs. Relativity / Commodities / Gold and Silver 2018
Gold, silver, and mining stocks moved higher once again yesterday and the former even managed to move above the declining trend channel. Breakouts are bullish and thus the outlook for gold improved significantly… Or did it? Gold’s price in terms of the euro and gold’s relative performance to silver and mining stocks make replying to the above question quite easy. Looking at the relative price moves on a day-to-date basis doesn’t provide any interesting implications, but who says that it’s the only way in which one can examine them?
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Wednesday, June 06, 2018
SPX Extends But in a Limited Range / Stock-Markets / Stock Markets 2018
SPX futures are higher this morning as they progress toward their ultimate target at/near 2762.00. The Cycles Model has tomorrow tagged as the turn date, but we should see waning strength and possibly a turn in the indicators as early as today. The hourly Trading Bands are very tight, suggesting a reversal is coming in the SPX.
ZeroHedge reports, “Global stocks, US equity futures and Treasury yields extended gains while the dollar slumped as "risk-on" sentiment returned after the U.S. and China exchanged trade proposals meant to avoid an escalation of economic tensions, while European bonds declined and the euro strengthened following a Bloomberg report and hawkish comments from ECB speakers suggesting that the ECB's next, June 14 meeting will be "live" to debate the end of QE.”
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