Tuesday, March 13, 2018
Follow the Herd With GDX and GLD / Commodities / Gold and Silver 2018
For those that follow me regularly, you will know that I have been tracking a set-up for the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX), which I analyze as a proxy for the metals mining market. I also believe that GDX can outperform the general equity market once we confirm a long-term break out has begun, and I still think we can see it in occur in 2018. This week, I will provide an update to GDX, but want to also discuss the SPDR Gold Trust ETF (NYSEARCA:GLD), which is an ETF that attempts to mirror the movements of gold. While I have gone on record in this webinar as to why I do not think GLD is a wise long-term investment hold, I will still use it to track the market movements.
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Tuesday, March 13, 2018
Record Low Volatility in Precious Metals and What it Means / Commodities / Gold and Silver 2018
The past 18 months have been difficult for precious metals investors. If you had known Donald Trump would be elected and the US Dollar would soon begin a nearly 15% decline, you would have expected Gold to blow past its 2016 high. You would have been shocked to see the gold miners and junior gold stocks trading lower. Gold has fared okay but the gold stocks and Silver have lagged. As US equities have continued to power higher, precious metals have struggled to perform while volatility in the space has dwindled. Precious metals volatility has reached extremely low levels and this is a sign that a major move, while not necessarily imminent is surely on the horizon.
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Tuesday, March 13, 2018
Tips for Writing and Assembling the Classification Essay / Companies / SME
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Tuesday, March 13, 2018
The Bond Market is SCREAMING Inflation, But Stock Investors are Clueless / Interest-Rates / US Bonds
Inflation is now reaching a crescendo.
The fact is that inflation develops in stages in the economy. The first stage concerns the price of items being bought and sold by wholesalers. We saw this begin to surge starting in the middle of last year. And it was a global phenomenon.
Paying more for something is manageable for a while. However, at some point the increase in prices is passed on into the economy in the form of more expensive goods and services. This is when inflation truly begins to become a problem.
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Tuesday, March 13, 2018
Gerald Celente "If Rates go up too High, the Economy goes Down, End of Story" / Interest-Rates / US Interest Rates
Mike Gleason: It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world and it's always great to have him on with us.
Mr. Celente, thanks again for the time today and welcome back.
Gerald Celente: Oh, it's always great being on. Thank you.
Mike Gleason: Well, Gerald, it's never a dull moment in Washington, D.C., these days. President Trump always keeps it lively. We have the never-ending Russia controversy, of course, the war of words with North Korea, and the intervention in Syria have both been regulars in the headlines over the past year. Now Trump is talking about tariffs and people are worried about a trade war. Volatility is coming back to the stock markets and some investors are getting nervous about rising interest rates. When it comes to Russia interfering in U.S. elections, it seems more or less like a smoke screen. We have very little doubt there is plenty of collusion and a fair bit of it involved Hillary shepherding the Uranium One deal over the finish line.
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Tuesday, March 13, 2018
Stock Market Selloff Showed Gold Can Reduce Portfolio Risk / Stock-Markets / Stock Markets 2018
– Recent stock market selloff showed gold can deliver returns and reduce portfolio risk
– Gold’s performance during stock market selloff was consistent with historical behaviour
– Gold up nearly 10% in last year but performance during recent selloff was short-lived
– The stronger the market pullback, the stronger gold’s rally
– WGC: ‘a good time for investors to consider including or adding gold as a strategic component to their portfolios.’
– Gold remains one of the best assets outperforming treasuries and corporate bonds
Tuesday, March 13, 2018
US Interest Rate Tsunami Waves Spotted Just Offshore / Interest-Rates / US Interest Rates
We should all be familiar with the aphorism, “as real estate goes so goes the economy.” Anyone ignoring that economic axiom was completely blindsided by the Great Recession of 2008. Well, the collapse of the Everything Bubble most certainly includes the real estate market…and this time around will definitely not be different.
The plain and simple fact is that home ownership is getting further out of reach for the average consumer as mortgage rates rise. This is especially true for the first-time home buyer. The 30-year fixed rate mortgage is now the highest level since January 2014, 4.64%
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Monday, March 12, 2018
Silver Does it Again! Severe Consequences / Commodities / Gold and Silver 2018
In the free analysis that we posted last Monday, we warned that Friday’s session was likely to be volatile and tricky. This seems to have indeed been the case for silver. The white metal declined early in the day only to rally almost 40 cents from the initial low. In our previous alert, we discussed the possibility of silver topping at about $16.65 and this level was reached. Is silver about to take a dive just like it did in late November 2017?
In short, yes. That seems very likely, especially in light of the multiple long-term and short-term factors and we have received a strong bearish confirmation earlier this week. However, we need to supplement the above with a caveat – the decline may not start immediately, but in a few days. Why? Because of the proximity to the triangle apex reversal along with the lack of a visible rally on Friday suggest that we may still be a day or two away from the top.
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Monday, March 12, 2018
Has the Stock Market Rally Run Out of Steam? / Stock-Markets / Stock Markets 2018
Good Morning!
On Friday, SPX closed short of the upper Diagonal trendline near 2800.00. weekend, SPX futures rose to 2805.00, then backed away. It is possible that the futures completed the task of testing that trendline over the weekend.
ZeroHedge remarked, “The "goldilocks" mood that was unleashed after Friday's jobs report (high growth, low inflation) has spread around the globe, sending Asian and European markets higher as trade-war concerns took a back seat to economic optimism. The dollar slipped and Treasuries held strady even as the US Treasury prepares to sell $145 billion in debt today (including both 3Y and 10Y Paper), while most commodities fell.”
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Monday, March 12, 2018
S&P 500 at 2,800 Again, Stock Market Breakout or Fakeout? / Stock-Markets / Stock Markets 2018
Stocks rallied on Friday, as investors reacted to better-than-expected monthly Nonfarm Payrolls number release. The broad stock market retraced its late February move down, while technology stocks reached new record highs. Is this a new leg within multi-year bull market or still just retracement following late January - early February 12% sell-off? Let's take a look at possible future scenarios.
Friday's trading session was very bullish, as the main U.S. stock market indexes gained 1.7-1.8%. Investors' sentiment improved following better-than-expected monthly Nonfarm Payrolls release. The S&P 500 index broke above its short-term consolidation and it got close to the late February local high of 2,789.15. The index currently trades 3.0% below January 26 record high of 2,872.87. Both Dow Jones Industrial Average and the technology Nasdaq Composite gained 1.8% on Friday. The latter reached new record high, as it broke above 7,500 mark again.
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Monday, March 12, 2018
The No.1 Energy Stock To Buy Right Now / Companies / Energy Resources
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Monday, March 12, 2018
Number of 95% Mortgage LTVs Reach Post Financial Crisis High / Housing-Market / Mortgages
Moneyfacts UK Mortgage Trends Treasury Report data (not yet published) reveals that the number of 95% loan-to-value (LTV) mortgages has increased by 37 in just one month, surpassing the 300 mark for the first time since April 2008.
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Monday, March 12, 2018
What Happens Next When Stock Market Investor Sentiment is Neutral / Stock-Markets / Stock Markets 2018
AAII is the stock market’s best sentiment gauge. Investors are extremely Neutral right now because the stock market has been swinging back and forth over the past few weeks.
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Monday, March 12, 2018
Economic Pressures To Driving Gold and Silver Prices Higher Long-Term / Commodities / Gold and Silver 2018
The analysis we have been conducting regarding the US and global markets shows one very interesting component that many people are overlooking – the pricing pressure in precious metals. Our research team at Technical Traders Ltd. has attempted to understand and this pricing pressure in relation to the strong international demand exhibited by China, India, Russia, and others.
The below chart showing top gold reserves being accumulated by countries.
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Monday, March 12, 2018
Just Another Minor Stock Market Pullback Within a Secular Advance / Stock-Markets / Stock Markets 2018
The retracement over the last few weeks has sparked many investors and market pundits to suspect that the bull market may be nearing a crest.
Most world indexes pulled back around 10 percent before finding support in late February and early March. And this was just after reaching new all-time highs in January.
Certainly not the kind of pattern that is associated with major tops in the markets.
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Monday, March 12, 2018
Are The Stock Market Bears About To Fumble? / Stock-Markets / Stock Markets 2018
Do you think we will ever see a week of market moves associated with news events for which you will not shake your head?
Week after week I think analysts say something so stupid that I just want to scream. As I have pointed out so many times over the years, I keep hoping that some form of sanity will grip pundits one day. I keep hoping that they may wake up and recognize the error of their ways. But, alas, I continue to long for that day.
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Monday, March 12, 2018
Labour Sheffield City Councils Secret Plan to Fell 50% of Street Trees Exposed! / Local / Sheffield
The mainstream press has finally awoken up to the fact that Sheffield city council and it's contractor had all along planned to fell half of Sheffield's street trees. Having kept the information contained within the Streets Ahead PFI contract with Spanish owned Amey secret for over 5 years, previously only releasing heavily redacted pages that failed to answer key questions raised by tree campaigners. Where even towards the end of 2017 the council in the face of growing public opposition and protests on the streets, the Labour councilors still stuck to their mantra of having a target of felling fewer than 6000 trees, following which the contract was said to enter a maintenance phase.
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Monday, March 12, 2018
China Police Crackdown Following Xi Jinping Vote for Dictator Emperor for Life / Politics / China
Rongxian Mu writes: China is a one person one vote nation, and that one vote is by Xi Jinping as no one else's vote matters. And so Xi Jinping today voted for himself to become the new Dictator / Emperor for life of the Jinping Republic of China. Meanwhile a heavy police crackdown is underway across major cities of China such as Zunyi as the police crack down hard on the out breaks of unrest in the run up today's vote for himself by Xi Jinping. The people of China are not going to stand for this and thus a growing resistance movement against the rule of the communist dictatorship is taking place and spreading right across China, none of which is being reported on by the official Chinese state controlled media.
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Sunday, March 11, 2018
Stock Market Uptrend Resuming? / 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 2872 could continue until mid-May, but is mostly behind us.
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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Sunday, March 11, 2018
Bond Market Interest Rate Yields Are Rising Again… Stocks Are on Thin Ice / Stock-Markets / Stock Markets 2018
The financial media is awash with claims that Gary Cohn’s resignation as Chief Economic Advisor is triggering a market collapse.
While it’s true that a market collapse is starting again, it has nothing to do with Gary Cohn.
How do I know?
Because Gary Cohn first wrote a resignation letter back in August 2017 in the wake of the Charlottesville mess… and stocks exploded higher beginning one of their greatest rallies in history.
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