Holding silver in the new year could bring good luck to investors

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Here's how to play silver's seasonal trade

Here’s how to play silver’s seasonal trade  

Sometimes it feels like silver has become the forgotten metal, as goldcomes off its best year since 2010 and silver gained merely half as much in 2017. But there’s good reason to be bullish on silver at the start of the year.

Silver’s recent setup gives us reason to believe there is a seasonal trade afoot. Just take a look at what’s happened in years prior: If you’d bought silver on Jan. 5 and have held through Feb. 14, you’ve made money in 13 of the last 15 years.

READ MORE://www.cnbc.com/2018/01/03/holding-silver-in-the-new-year-could-bring-good-luck-to-investors.html

Goldman Warns That Stocks Are at Their Highest Valuations Since 1900

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A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Inc.

“It has seldom been the case that equities, bonds and credit have been similarly expensive at the same time, only in the Roaring ’20s and the Golden ’50s,” Goldman Sachs International strategists including Christian Mueller-Glissman wrote in a note this week. “All good things must come to an end” and “there will be a bear market, eventually” they said.

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//www.bloomberg.com/news/articles/2017-11-29/goldman-warns-highest-valuations-since-1900-mean-pain-is-coming

Chance of US stock market correction now at 70 percent: Vanguard Group

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Don’t panic, but there is now a 70 percent chance of a U.S. stock market correction, according to research conducted by fund giant Vanguard Group. There is always the risk of a correction in stocks, but the Vanguard research shows that the current probability is 30 percent higher than what has been typical over the past six decades.

Vanguard, which manages roughly $5 trillion in assets and is a proponent of long-term investing, isn’t sounding the alarm bells to scare investors out of the market. But according to Vanguard’s chief economist Joe Davis, investors do need to be prepared for a significant downturn.

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//www.cnbc.com/2017/11/27/chance-of-us-stock-market-correction-now-at-70-percent-vanguard.html

Why Wall Street’s record run may soon come to an end

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Mr. Bull Market keeps charging ahead. But is its run about to end?

The stock market has been in a bubble for years. I’m not the only one saying that — others, including many with loads of Wall Street experience and tons of dollars at risk, have said so, too.

But I have also said that bubbles are nice while they last and that investors should enjoy this one as long as they think they can get out in time. (Don’t even give that a moment’s thought because once the bubble starts popping, you won’t get out in time.)

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//nypost.com/2017/11/20/why-wall-streets-record-run-may-soon-come-to-an-end/

Bitcoin Is the ‘Very Definition’ of a Bubble, Credit Suisse CEO Says

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  • History teaches such speculation rarely leads to ‘happy end’
  • Says people buy bitcoin only to make money, no inherent value

Bitcoin: What’s Coming in the Year Ahead

The speculation around bitcoin is the “very definition of a bubble,” Credit Suisse Group AG Chief Executive Officer Tidjane Thiam said as the currency exceeded $7,000 for the first time.

http://www.bloomberg.com//news/articles/2017-11-02/bitcoin-is-very-definition-of-a-bubble-credit-suisse-ceo-says

Goldman Sachs: There is an 88% chance we’re heading into a bear market

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LONDON — Goldman Sachs has circulated a fascinating but scary research note to clients suggesting that the probability of stocks entering a bear market in the next 24 months currently stands at about 88%, based on the history of previous bear markets.

The note is titled “Bear Necessities. Should we worry now?” It is an exhaustive, 87-page dive through macroeconomic data and stock market activity going all the way back to the early 20th Century. It was written in September by London-based Chief Global Equity Strategist Peter Oppenheimer, and European strategists Sharon Bell and Lilia Iehle Peytavin. Most of their data focus on the US S&P 500 index of stocks – the largest and most-followed of the share indices globally.

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http://www.businessinsider.com/goldman-sachs-thinks-were-heading-into-a-bear-market-2017-10

America Is Going Broke… and Nobody Cares

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Last week, the plot did not so much thicken as congeal.

There’s no changing it now — the cameras are rolling… the costumes are on… and everyone knows his lines.

President Trump went further in becoming the first president independent of either major political party in American history.

After having sided with the Democrats on the debt ceiling, he went back to the swamp to resolve the “Dreamer” issue — the 800,000 children who arrived in the U.S. as undocumented migrants and were allowed to temporarily stay legally in the country.

Then, over the weekend, it was reported that the administration wanted to get back on the Paris climate change agreement bandwagon.

The White House denies it, but it’s now clear that Mr. Trump aims to be a whole lot less disruptive than he promised to be.

And now, with the floodgates open, the U.S. national debt has surged over $20 trillion.

READ MORE:

//dailyreckoning.com/america-going-broke-nobody-cares/

 

The Golden Solution to America’s Debt Crisis

By | Gold News | No Comments

Right now, the United States is officially $20 trillion in debt. Over half of that $20 trillion was added over the past decade.

And it looks like annual deficits will be at the trillion dollar level sooner than later when projected spending is factored in.

Basically, the United States is going broke.

I don’t say that to be hyperbolic. I’m not looking to scare people or attract attention to myself. It’s just an honest assessment, based on the numbers.

Now, a $20 trillion debt would be fine if we had a $50 trillion economy.

The debt-to-GDP ratio in that example would be 40%. But we don’t have a $50 trillion economy. We have about a $19 trillion economy, which means our debt is bigger than our economy.

When is the debt-to-GDP ratio too high? When does a country reach the point that it either turns things around or ends up like Greece?

 

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//dailyreckoning.com/golden-solution-americas-debt-crisis/

Gold And The Coming Collapse: Are We Close To A Major Monetary Event?

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It really should be clear that a major international banking crisis is inevitable, and likely to occur fairly soon. Due to the extreme debt levels, many banks are close to that point of failure.

An event like a stock market crash is likely to push many banks to that point of failure, since the pressure it would create (on cash resources), would expose their inability to fulfill their obligations.

Cash (not bank credits/digits) is still the means by which banks have to settle liabilities and obligations (especially amongst each other). If a bank goes down, it will be due to the lack of cash (not bank credits/digits). It is for this reason that there is a campaign to ban cash (for the general public) or limit the use of it.

The banks are in competition for the available cash resources, and they do not want you to be an obstacle. This is similar to what happened during the Great Depression (1933) when gold was confiscated. Then, banks proved their solvency with gold; therefore, the general public was prevented from competing for the limited amount of gold resources.

It is for this reason that I believe it is very unlikely that gold would be confiscated during this crisis. Today, it is cash that is the cornerstone of the banking system (especially the US dollar), since it is cash that is promised, not gold.

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//hubertmoolman.wordpress.com/2017/09/10/gold-and-the-coming-collapse-are-we-close-to-a-major-monetary-event/