Tuesday, June 05, 2018
Two Key Events Will Unleash Gold / Commodities / Gold and Silver 2018
TIMBER!! That is the standard cry in the forest industry among loggers who cut down giant trees, the warning to step aside for the great impact. GET READY FOR THE SIMULTANEOUS BANKING CRISIS IN THE THREE BIGGEST EUROPEAN ECONOMIES: GERMANY, FRANCE, ITALY. The United States and the London Centre will not be able to avoid the crisis.
Try that again. TIMBERRRR !! An event of monumental importance and impact is on the verge of occurrence. The largest bank in Europe is Deutsche Bank. Its credit default swap is rising in cost, while its stock price has entered single digits in a powerful decline. The great D-Bank, site of the European office in management of the multi-$trillion derivatives, is on the verge of financial failure. It is the largest bank in all of Europe. All of its business segments are impaired and losing money in a hemorrhage. Furthermore, it is a big bond holder for Italian Govt Bonds. The Italian banking system is in the death throes, which has finally been recognized. Their recent elections openly debated pathways in the face of banking system failure, which the Jackass has been expecting for over a year in steady coverage with analysis. However, the bigger bond holder for Italian debt is France. Expect a massive bank crisis to emerge very soon that wrecks Societe General and BNP Paribas, its two largest banks.
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Tuesday, June 05, 2018
What the Bond Markets Are Finally Saying About Italy / Interest-Rates / Italy
Over the years I’ve spent much time talking about Italy as the next ticking time bomb for Europe and the global banking system.It’s government debt is the third highest in the world at 132% of GDP, coming only after Japan and Greece.
Its private debt is 23% of the Eurozone versus Greece’s 3%.
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Monday, June 04, 2018
Catalyst for the Next Financial Crisis / Stock-Markets / Financial Crisis 2018
The cause of the Great Recession circa 2008 was collapsing home prices that led to an insolvent banking system. However, the next economic crisis will result from the bursting of the worldwide bond bubble and its devastating effect on asset prices.
One of the dangers from spiking borrowing costs is the shutting out of distressed corporations from capital markets, which will inhibit their ability to roll over and service existing debt. This will lead to a massive increase in the number of insolvent corporations.
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Monday, June 04, 2018
Unbelievable Analogy in Gold & Silver / Commodities / Gold and Silver Stocks 2018
Gold moved lower in May and it’s also down in June, but the price action is far from being spectacular. The overall volatility is still very low and the situation in the precious metals sector is simply extremely boring. But with May now being over and with a new month, new factors are likely to come into play and the odds are that this month will be anything but boring. Especially, if we see the continuation in the analogy that practically nobody seems to realize.
Let’s move right to it and analyze the gold market from the long-term point of view.
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Monday, June 04, 2018
Inflation & Precious Metals to Rise, Fed to Act Late / Commodities / Gold and Silver Stocks 2018
Mike Gleason: It is my privilege now to welcome back Axel Merk, President and Chief Investment Officer of Merk Investments and author of the book Sustainable Wealth. Axel is a highly sought after guest at financial conferences and on news outlets throughout the world and it's great to have him back on with us.
Axel, it's a pleasure to have you join us again today and thanks very much for coming on.
Axel Merk: Great to be with you. What a week.
Mike Gleason: Exactly. Well, Axel when we spoke to you in February the equity markets were in the midst of a sell off and some significant volatility, which had been extraordinarily low, came roaring back to life. Since then, the stocks have recovered some. The S&P regained about half of what it lost by the end of February and has been trading in a range since then.
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Monday, June 04, 2018
NASDAQ Leading the S&P is a Bullish Sign / Stock-Markets / Stocks Bull Market
The NASDAQ and S&P are both up this year from January – May. However, the NASDAQ has massively outperformed the S&P by more than 6%.
Here are all the historical cases in which the NASDAQ outperformed the S&P by more than 6% from January-May (while both indexes are positive), and what happens next to the S&P for the rest of the year.
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Monday, June 04, 2018
FREE Entry to LEGOLAND Windsor Summer 2018 / Personal_Finance / Theme Parks
Summers has arrived and families are busy planning their holidays that usually include many trips to Britain's Theme parks where the king of UK attractions is Merlin with it's 32 theme parks spread out across the UK. We'll here some great money saving news because you can gain entry to Merlins premier kids resort LEGOLAND for FREE. See our latest theme parks video for the full details.
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Monday, June 04, 2018
Close Look at Hanging Bar 2 Minute Challenge Rotating / Spinning Bar / ConsumerWatch / Theme Parks
Summers here and everyone's off to the theme parks where your likely to come across the 2 Minute Hanging from a Bar Challenge to win a big toy prize or even cash! Should be easy enough, but only one problem, the bar rotates / spins! Which makes it that much harder to hold onto for the duration of the Challenge as opposed to a normal fixed bar.
So here we take a close look at the actual bar, to see how much it actually spins, and several things instantly stand out as you will see in the video such as that the bar is ultra smooth! And has ball bearings which makes it very easy to spin. So watch the video of why you should think twice before handing over cash. However I also do show how you can actually hold on for the whole 2 minutes.
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Monday, June 04, 2018
The Next Phase Of The Blockchain Revolution / Currencies / BlockChain
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Monday, June 04, 2018
Which Is Developing A Bigger Bubble: Bitcoin Or The Stock Market? / Stock-Markets / Stock Markets 2018
Bubbles in Nasdaq, bubbles in financial assets, bubbles in cryptos . . . bubbles are being reported everywhere. Moreover, more and more analysts are pointing to some financial crisis after another as each day goes by. Whether it is because of the cessation of QE, or because of the issues in Italy, or trade wars, etc., we are clearly not lacking for any reasons as to why this market should crash.
The problem is that most bubble-callers have no objective perspective through which they can determine that any market is in a bubble. As an example, one article I recently read suggests we are in a bubble in the Nasdaq because we have exceeded the 2000 bubble high in the market. Well, along those lines, maybe the Dow should not have exceeded the “bubble high” it struck in 1929!?
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Monday, June 04, 2018
US Tariffs vs China, EU, NAFTA – and the Rest of the World? / Politics / Protectionism
After months of trade war with China, US subjected its EU and NAFTA partners to steel and aluminum tariffs. EU leaders missed a year seeking appeasement with Trump’s protectionism. It’s time to defend the multilateral trading regime.
Unsurprisingly, the European Union (EU), Canada and Mexico have lambasted the US steel and aluminum tariffs. European Commission (EC) President Jean-Claude Juncker criticized Trump’s tariffs and pledged retaliation in due time. French President Emmanuel Macron and German government spokesman called the move unlawful. In Britain, the Brexit proponents and opposition quickly blamed each other for the tariffs. Canadian Prime Minister Justin Trudeau said the tariffs would “harm industries and workers on both sides of the Canada-US border.”
Monday, June 04, 2018
Stock Market One Final Pull-back? / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s.
Intermediate trend – The intermediate correction from 2873 is likely to continue until about early June.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Monday, June 04, 2018
Three Key Elements Will Drive Stocks Higher Into Year End / Stock-Markets / Stock Markets 2018
Last week was a roller-coaster ride for traders and investors. After a long holiday weekend, traders were greeted with concerns originating in Italy regarding political stability and the potential that any further issues could result in a collapse of the EU. Even though the risk of this happening was somewhat minor, the US markets tanked near 2% as fear seemed to override common sense. The rest of this week has been a wild ride of price rotation within a range. We’ve been reading all types of news and comments regarding all types of “what if” scenarios from analysts and researchers while scratching our heads at some of the comments.
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Sunday, June 03, 2018
The Stock Market Ain't Broke / Stock-Markets / Stock Markets 2018
There are some big H&S bottoms on several of the US stock market indexes that I have maybe only shown you once around the time the necklines were broken. When I first discovered them I wasn’t sure they would play out so I just kept them on the back burner to see what would happen.
I’ve mentioned recently how important it is to have a game plan to follow so you know that when the charts change, then your game plan needs to be adjusted to the new information the charts are showing. Sometimes just a little adjustment is all that is needed and as long as your game plan keeps play out you just go with it until something changes.
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Sunday, June 03, 2018
Stock Market Short term Downside Limited, Medium-Long Term is Bullish / Stock-Markets / Stock Markets 2018
As always, the economy’s fundamentals determine the stock market’s medium-long term outlook. Technicals determine the stock market’s short-medium term outlook. Here’s why the stock market’s short term downside is limited while the medium-long term is bullish.
As always, we go from the long term, to the medium term, to the short term.
*A recap of this week’s thoughts and market studies.
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Sunday, June 03, 2018
Zimbabwe High Court Overturns Reserve Bank’s Decision To Ban Cryptocurrency / Currencies / BlockChain
In a stunning display of cryptocurrency’s potential to liberate humanity, Zimbabwe just lifted its ban on the digital money after its own Reserve Bank failed to appear in court to defend themselves.
It all began on May 12 when the Reserve Bank of Zimbabwe (RBZ) arrogantly “issued a directive to all financial institutions to stop all forms of transactions related to cryptocurrencies and to wind down all accounts tied to cryptocurrencies within 60 days.”
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Sunday, June 03, 2018
Climate Change Mass Extinction - Birds, Bees and Bugs: Going Going Gone / Politics / Climate Change
The twitter of birds, the buzzing of bees, the drone of insects are all welcome signs of spring, but could species reduction or extinction, made worse by climate change, mute these sounds to the point where we will have to install apps on our phones to mimic them?
The idea of a silent spring might seem a tad alarmist, but the fate of the world’s wildlife - both land-based and marine - is not looking good. According to research by the World Wildlife Fund and the Zoological Society of London, over the past 40 years the number of wild animals living on Earth has been cut in half. Among the most hard-hit species are forest elephants in central Africa, where deaths by poachers now exceed birth rates, the Hoolock gibbon in Bangladesh, the European meadow and asp vipers, grey partridges in the UK and curlew sandpipers in Australia.
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Saturday, June 02, 2018
The EU Respond Angerly to Trump’s Steel and Aluminium Tariffs / Politics / Protectionism
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Saturday, June 02, 2018
Making Italy Great Again / Politics / Italy
This week, market watchers around the world are justifiably fixated with the high-stakes, high-drama political developments unfolding in Italy. While a political crisis in the world’s 9th largest economy (International Monetary Fund figures, 4/17/18) would normally not be enough to cause an international meltdown, given how thin the global economic ice has become as a result of ever-increasing debt loads, even small disruptions can create systemic problems. But from my perspective, what makes the Italian drama so interesting is that it parallels so precisely developments in the United States. It’s amazing that more Americans do not realize, that when looking at Italy, they are looking at a fun house mirror reflection of the United States.
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Saturday, June 02, 2018
Silver Mining Stocks SIL ETF Fundamentals / Commodities / Gold and Silver Stocks 2018
The major silver miners’ stocks remain deeply out of favor, languishing near multi-year lows. Of course that reflects investors’ lack of interest in silver itself. It has greatly lagged, not following gold higher like usual over the past year and a half. That’s really torpedoed silver-stock sentiment, making for a challenging environment for silver miners. But they’re weathering it as their recently-released Q1’18 results show.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.
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