Just three days into 2020, and two trading days in, the market reacts to big geopolitical news which shakes the markets. It came out that President Trump ordered a hit on Iranian General of the QUDS force, and Iran’s top military commander, Qasem Soleimani. Markets fell on the news but recovered to end the week close to where they opened, making up for the down...
Before I begin my discussion on Inflation and Deflation, I want to preface by saying I still expect the US Dollar will be going higher, and this will exacerbate the world's problems. This is linked below. Of all the questions I receive regarding economics and monetary policy, the question on what is inflation and deflation, and why it is important, is at the top...
I see a big decision time approaching for gold, In a scenario where global growth concerns continue, geopolitical tensions rise, and the fed loses control of monetary policy (i.e raising interest rates), gold could break-out massive and continue its ripping bull run which began in 2000 (dot com bubble) best of luck, hit thumbs up.
My followers and readers know my fascination and excitement about Gold and Silver. Being well versed in economic history, one cannot avoid Gold. Human history is cycles of hard money and soft money, and come 2021, we will be in the 50th year of this soft/fiat money cycle. Interestingly enough, Neil Howe and William Strauss in their book “The Fourth Turning”,...
With the supposed China "phase 1" deal being agreed upon...even though when no actual facts are really being presented and now the Americans are claiming it will be signed mid January...the trade has still been risk on. Markets globally liked the news as some uncertainties dissipate and we are set for a Santa Clause rally. I like what I see in the Spanish...
Hello. I am a new blogger The first thing I would like to show you is my vision of S&P There is no resistance above this price, so we can go higher. In any case, a rollback will occur. On the graph, I showed the immediate objectives of the rollback. According to the news, everything is fine with us too. Only long positions. The US government continues to invest in...
Industrial stocks have come to life since early October as investors look for the economy to recover from the U.S. – China trade war. Now one of the biggest and most liquid names in the entire sector is rebounding from a pullback, and a classic bull-flag continuation pattern may be taking shape. General Electric reported a potentially transformative quarter on...
Hello traders! As we are approaching to the end of the year and as well Christmas spirit, the market is going to become very slow and choppy. Now we have to be very patient and use strict risk management, as well as turn to the day trades only. NZDJPY SHORT OPPORTUNITY: Price is slowing down on the Daily TF and creating a various reversal patterns on the...
The corrective structure on EURUSD is becoming complex! This is expected as the currency used to mimic one another. GOLD and SILVER are moving lower in the short term so EURUSD should at least wait for them before heading higher. The retracement seems to be unfolding as a double zigzag Elliot Wave pattern. This gives us the opportunity for a short term bearish...
The US Dollar is getting a lot of discussion in the financial media, in politics, by billionaires, and by a lot of market participants and fund managers. For good reason: it is the reserve currency. Ray Dalio has been speaking about world powers and reserve currency status for quite sometime. His ‘paradigm shift’ and us being in the 7th inning of a debt crisis,...
I live in Ukraine and look at the chart regularly, I have decided to share my thoughts on USD/UAH pair Fundamental Analysis Ukraine's economy keep on shrinking and our country must pay USD debts to IMF and so on. My country will lose gas transit money, as soon as south stream and nord stream are fully launched and that's a big hit to our economy. Recently UAH had...
It is not a secret that since central banks bailed out banks, and are throwing trillions at the rich (via the stock market and via the lowest rates in history), inequality has gone parabolic and populism too, which caused Donald Trump to become president, and more worrying, a rise in the liberty threatening totalitarian far left. People are looking for extreme &...
It just keeps getting worse. I lost all hope. Now people actually believe CO2 is a dangerous poison. I hope they stop breathing soon. That would solve alot of issues. The US and EU are going for extremes in particular the threat to our freedom far left has gained alot of traction. People are getting more ignorant than during the dark middle ages. It really is...
Gold had a daily chart break and is now retesting the breakout zone. However since the breakout was quite strong we would want to see follow through relatively soon, not doing nothing for 7 days after the break. On the 4 hour chart, we see a different picture. We see long wicks at a 4 hour support/flip zone of around 1450. From here we saw the lower highs...
www.newyorkfed.org Repo has been the talk of the town lately, and the Federal Reserve has so far downplayed the issue at hand. Fed chair Jerome Powell did mention this problem in his last FOMC press conference, but again told journalists and viewers that this is not quantitative easing (QE). Repo and QE both inject money into the system. he difference is...
Technical Analysis and Outlook The precious metals market - Gold could not expand above primary first Mean Res $1,514 while the other two-stars resistance levels Mean Res $1,533 and Key Res $1,550 are looming above. Once the Gold began reversing yesterday morning, it took out the first Men Sup at $1,487 as the heavy selling picked up. The critical...
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