China, Socionomics, Politics, technical Analysis and more...
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This weekend I discussed the potential for a melt-up top in palladium with a run towards the $3000 to $3150 area. I didn't expect it would take off right away, as the prior tops in 1980 and 2001 took 2 months and 12 months, respectively. Yet begin immediately it did, with palladium jumping 8.8 percent on Tuesday. Palladium has rallied again as of Wednesday morning. It is off the high for the day, but from the intraday high of $2842.50, the $3150 target is slightly more than 10 percent away. Palladium could top as early as this week.
The 1980 top came at the end of a major commodities bull market and the 2001 top came at the end of a major equities bull market, and this top is coming in the midst of an historic bull market in equities and bonds.
Maundy, Maundy
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FEEDAllow me to present a very plain contrast. Please observe the weekly
chart of the SPY below, from not so long ago. Notice how a bunch of the
bars are g...
Lessons From The First 47 Years
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When I was a young man, the country singer Tim McGraw had a song called
“The Next 30 Years” in which he articulated the lessons he learned during
his first...
Weekly Market Pulse: Rational Exuberance?
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Special Note: I'm in Miami this week, a mix of business and personal. I
lived here for 30 years and we raised our family here but we moved to South
Carolin...
Year of the Dragon – HK stock picking
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We are quickly approaching the year of the dragon, a special year for
Chinese people. In the past birth rates would go up as its extra lucky to
be born dur...
BIG PICTURE AGRICULTURE'S LATEST NEWS
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1. CLICK HERE to view my other site: Agriculture News Daily. 2. CLICK HERE
to view latest tweets from my favorite Ag-related news sources. 3. See news
lin...
A Slow Motion Slide
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We’ve had quite a weird week – Nasdaq kept selling off to the indifference
of the rest of the world. Nasdaq’s correction reached -11% off the ATH,
while ...
The Oil Refinery Crisis Will Worsen This Winter
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The Oil Refinery Crisis Will Worsen This Winter Tyler Durden Thu,
12/10/2020 - 20:20
*Authored by Julianne Geiger via OilPrice.com,*
It was only to be ex...
FINTS EVENING HIGHLIGHTS (15 Jun 2016)
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China’s total debts amounted to 168.5 trillion yuan ($25.6 trillion) at the
end of 2015, equivalent to 249 percent of gross domestic product, Li Yang
an in...
Responses to readers’ questions, and new forecasts
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[image: Vietnam account set-up]1. The question is: “I got a good run up in
ISJP and was stopped out yesterday-in at 14.23 in august 2012 and out
yesterday ...
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