Articles related to target
 
Frank Shostak
  What Is the Correct Amount of Money?
Most economists believe that a growing economy requires a growing money stock, on the grounds that growth gives rise to a greater demand for money, which must be accommodated. Failing to do so, it is maintained, will lead to a decline in the prices of goods and services, which in turn will destabilize the economy and lead to an economic recession or, even worse, depression.Since growth in money supply is of such importance, it is not surprising that economists are continuously searching for the
Wednesday, September 20, 2017
Phoenix Capital - Gains Pains & Capital
A Tsunami of Inflation Has Just Appeared on the Horizon
Inflation is coming. It’s taken seven years of ZIRP and over $4 trillion in QE, but the Federal Reserve has finally begun to unleash inflation. It won’t show up in the official inflation measures like the Consumer Price Index CPI for a while. And this is intentional. The Fed knows that CPI doesn’t measure real inflation. How do we know this? The Fed itself published a paper back in 2002 admitting its official measures of inflation (CPI and PCE) do a horrible job of predicting future inflation. T
Tuesday, September 19, 2017
Mish - Global Economic Analysis
Bitcoin Silliness, Myths, and Fatal Flaws
Over the past months or so I accumulated a number of articles regarding Bitcoin ICOs (initial Coin Offerings) myths and hype. Let’s also take a look at what I consider to be fatal flaws, one I have not seen discussed yet in articles, but the idea is easily understood. Myth #1: BitCoin is the Next Gold September 5, Bloomberg: Could Bitcoin be the Next Gold? The idea is preposterous. There is no “next gold”. Gold is gold, nothing else. Myth #2: The Institutional Herd is Coming September 4, Charle
Friday, September 15, 2017
Phoenix Capital - Gains Pains & Capital
The Most Important Chart in the World Is Getting Uglier By the Day
The $USD continues to drop like a brick, having taken out critical support in the near-term. This is just the beginning. It's only going to get worse from here. Here’s the $USD’s chart running back 40 years. I call this the “single most important chart in the world,” because how the $USD moves has a massive impact on all other asset classes. As you can see the $USD broke out of a massive 40 year falling wedge pattern. This initial breakout has failed to reach its ultimate target (120) and is n
Friday, September 15, 2017
Mish - Global Economic Analysis
“Bad Options” Regarding 2 Inflation Targets (And Other Silly Notions)
The Wall Street Journal and Bloomberg both posted ridiculous articles regarding today regarding inflation. The former was on “bad options” the latter on “inflation expectations”. Let’s take a look at both articles because both represent widely believed nonsense. In Bad Options for Addressing Too-Low Inflation, Wall Street Journal writer Greg Ip says the Fed’s choice is to overheat the economy or give up its 2% target. Unemployment and inflation are near their lowest levels in decades. Who would
Friday, September 15, 2017
Jan Skoyles - GoldCore
Massive Equifax Hack Shows Cyber Risk to Deposits and Investments Today
44% of US population affected by Equifax hack Hackers took names, birthdays and addresses, Social Security and driver’s license numbers Steve Mnuchin “concerned about the global financial system and keeping it safe,” Hacks is a reminder of the vulnerabilities created in a connected world Cyber security is a major threat to both banking and financial industry Investors should hold physical gold as insurance against hacking and cyber attacks Last week 143 million people woke up to the news that
Friday, September 15, 2017
Axel Merk - Merk Fund
Investment Advice for My Children Grandchildren
Axel Merk, Merk Investments September 13, 2017  Follow @AxelMerk Tweet      Okay, so I don’t have grandchildren yet, but I want to increase the odds you read beyond the title if you are old enough to have grandchildren. Should the investment advice we give to someone young truly be diff
Wednesday, September 13, 2017
The Energy Report
Four Plays in Oklahoma's Red-Hot STACK
Oil and gas companies are racing to acquire land in Oklahoma's STACK region, known as an area of low-cost production. STACK, a major area of energy-development interest in Oklahoma, stands for Sooner Trend Anadarko basin Canadian and Kingfisher counties. The area's importance was highlighted by the U.S. Energy Information Administration action in August to expand its weekly Drilling Productivity Report to include the Anadarko Basin, the
Wednesday, September 13, 2017
John Butler - Goldmoney
The Golden Revolution, Revisited: Chapter 10
This Insight continues the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the fifth chapter of Section II.View the Entire Research Piece as a PDF here.An Unstable Equilibrium“A Nash equilibrium is defined as a strategy combination with the
Wednesday, September 13, 2017
Sprott Money
On Guard Against The Banks - Craig Hemke
Following the events of yesterday, it seems wise this morning to take an in-depth look at the charts in order to discern what moves The Banks may take next in the hope of stemming this rally and reversing the trends. Let's start with Comex Digital Gold. It has been in an UPtrend since July 10 and this rally has carried it $150 or about 12.5%. In doing so, The Commercials on the CoT have increased their NET short position by 182,000 contracts and, specifically, the 24 Banks of the Bank Par
Tuesday, September 12, 2017
Przemyslaw Radomski CFA - SunshineProfits
Crude Oil Invalidated Breakout - What's next?
On Friday, crude oil moved sharply lower and lost over 3% after investors digested the EIA report and reacted to the increase in crude oil inventories. Thanks to these circumstances, light crude invalidated the earlier breakout above the resistance area and slipped well below $48. What does it mean for the commodity? Crude Oil’s Technical Picture Let’s take a closer look at the charts below (charts courtesy of http://stockcharts.com). On Thursday, we wrote the following: Yesterday, crude oil
Monday, September 11, 2017
Nathan Lewis - New World Economics
Alan Reynolds Argues For the Gold Standard, 1982
Here are Allan Meltzer and Alan Reynolds, arguing for Monetarism and the gold standard, in 1982. I think it is an interesting exchange. You could say that things haven’t changed much since then. But, I don’t think that is true. Nobody really takes the Monetarism of that era seriously anymore. The Monetarists themselves had to give up all the fantasies of those days, and are now on what I call third-generation Monetarism, which is Nominal GDP Targeting. There is a lot of talk about “rules-based”
Monday, September 11, 2017
Przemyslaw Radomski CFA - SunshineProfits
Positive Expectations As Investors' Sentiment Improves
Briefly:Intraday trade: Our Friday's neutral intraday outlook has proved accurate. The S&P 500 index continued to fluctuate within its week-long trading range. The broad stock market is likely to open much higher today following futures contract rally after an overnight gap-up opening. We can see some short-term technical overbought conditions. Therefore, intraday short position is favored. Stop-loss is at the level of 2,490, close to early August record high. Potential profit target is at 2,455
Monday, September 11, 2017
Przemyslaw Radomski CFA - SunshineProfits
BoC Second Hike in 2017 and Gold
On Wednesday, the Bank of Canada raised its interest rates for the second time in 2017. What does it imply for the gold market? Given the stronger-than-expected economic performance (the GDP rose jumped 4.5 percent in the second quarter), the Bank of Canada increased its target for the overnight rate from 0.75 percent to 1 percent. The bank rate and the deposit rate, which create the operating band, were raised to 1.25 percent and 0.75 percent, correspondingly. As one can see in the chart below,
Friday, September 8, 2017
Egon von Greyerz - Matterhorn AM
GOLD HAS BROKEN OUT – DON’T BE LEFT BEHIND
The coming gold and silver moves in the next few months will really surprise most investors as market volatility increases substantially. It seems right now that “All (is) quiet on the Western Front” as Erich-Maria Remarque wrote about WWI. Ten years after the Great Financial Crisis started and nine years after the Lehman collapse, it seems that the world is in better shape than ever. Stocks are at historical highs, interest rates at historical lows, house prices are booming again and consumers
Friday, September 8, 2017
Alasdair Macleod - Finance and Eco.
Further thoughts on Gibson’s paradox
“The paradox is one of the most completely established empirical facts in the whole field of quantitative economics.” – John Maynard Keynes“The Gibson paradox remains an empirical phenomenon without a theoretical explanation” -Friedman and Schwartz“No problem in economics has been more hotly debated.” - Irving FisherIntroductionTwo years ago, I found a satisfactory solution to Gibson’s paradox.i The paradox is important, because it demonstrated that between 1750-1930, interest rates in Britain c
Friday, September 8, 2017
Rick Ackerman
Gold's Latest Rally Tops a Crucial Benchmark
Today’s rally was the most important in gold since it entered a bull market in December 2015. Actually, the rally has significantly raised the odds that the entire bull move since then has been impulsive rather than merely corrective of the bear market begun from above $1900 in 2011. It also put in play the 1474.4 target shown.  The rally achieved two additional feats, one of them crucial to the intermediate-to-long-term picture: 1) exceeded a 1352.90 Hidden Pivot target of middling importance;
Friday, September 8, 2017
Gary Tanashian - Biwii
Copper, Oil, Gold and US Stocks: Big Picture Status
By Gary TanashianSometimes I like to trot these lumbering monthlies out so we can quiet everything down and see where various markets are slowly heading.First of all, as I go down with my ‘strengthening US dollar’ ship*, I also mal-projected copper’s upside. I’d felt that $3/lb. would cap Doctor Copper because it is very clear lateral resistance at a handy 38% Fib retrace.*** Well, insofar as I own UUP and EUO, it has not been fruitful; but that is the whole point because the positions are just
Thursday, September 7, 2017
Phoenix Capital - Gains Pains & Capital
This Isn't Happened to Gold in Over a Decade
The next leg up for Gold is officially here. Gold has broken out of the mother of all triangle patterns established by the long-term bull market trendline established in 2006 and its seven-year descending line from the 2010 peak. Of course, things won’t be moving in a straight line from here. But the upside target for this formation is well north of $3,000 in the next few years (again, remember this formation took over a decade to form). We get confirmation of this from the Gold Miners to Gold
Wednesday, September 6, 2017
Jan Skoyles - GoldCore
  Bitcoin Falls 20 as Mobius and Chinese Regulators Warn
– Bitcoin falls 20% as Mobius and Chinese regulators warn – “Cryptocurrencies are beginning to get out of control” – warns respected investor Mark Mobius – Mobius believes governments will begin to clamp down on cryptocurrencies sparking rush to gold – Yesterday China’s PBOC ruled Initial Coin Offerings (ICOs) are illegal and all related activity to halt – China is home to majority of bitcoin miners – Paris Hilton latest celebrity to support an ICO – Gold’s return of 16% YTD look ‘dull’ or ‘stab
Wednesday, September 6, 2017
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