10-10-2016, 11:26 PM
So, don't get too excited. If you want to profit off it, go to the oil companies that have continued to lower their breakeven: Pioneer Natural Resources (PXD) , EOG Resources (EOG) , Apache (APA) , Parsley Energy (PE) , PDC Energy (PDCE) and SM Energy (SM) . They would be the beneficiaries of anything that keeps oil in the $40s, which this statement might have done.
Oil and Math Don't Mix; Stumpf Going Down: Jim Cramer's Best Blogs - Pg.3 - TheStreet
Kleintop notes that the numerous quantitative easing measures introduced by the Japanese central bank over the years have bloated the country’s monetary base to the equivalent of the U.S. — a country whose economy is four times as large as Japan’s. But for all the money that the central bank has supplied, it is essentially waging a losing battle as the population continues to age. “The growing monetary base seems to have had little in the way of lasting success, with growth remaining soft, but poses rising risks of becoming a monster that wreaks havoc on the country by becoming the biggest owner of Japanese bonds and stocks,” said the strategist.
Why Japan’s Godzilla-sized stimulus is a threat to investors - MarketWatch
And according to Wells Fargo, gold has much further to fall. That is because the precious metal finds itself "knee-deep inside a commodity bear super-cycle," according to John LaForge, the bank's Head of Real Asset Strategy. Looking at data from 1800 through today, commodity bear super-cycles have lasted on average almost 20 years, making this occurrence still rather young. If prior history is any indication, gold, which peaked at $1,900 per ounce in 2011, could still have another 15 years left before this cycle ends, as could other commodities. Wells Fargo However, gold bugs should not be too worried about a longer-term sell off. LaForge expects gold to retest its late 2015 low near $1,050 per ounce, possibly in 2017, at which point he says it "could be a good long- term (strategic) buy."
Gold is 'buried knee-deep inside a commodity bear super-cycle' - Business Insider
Gold is facing a nearly 5% loss this week, its biggest weekly drop since November 2015, but Goldman Sachs is telling gold bugs to hang on. The reaction in gold prices to the possibility of a U.S. interest-rate hike at the end of the year has been “larger than we anticipated,” said Goldman analysts Max Layton, Mikhail Sprogis and Jeffrey Currie, in a note released Friday. That leaves risks surrounding their year-end outlook of $1,280 an ounce as “moderately skewed to the downside,” said the analysts.
If gold gets below $1,250 an ounce, start buying: Goldman - MarketWatch
Ludovico Minati, an academic researcher into non-linear systems, discusses the potential of analog circuits to be used to enhance performance in such fields as neuromorphic computation, sensor fusion and secure communications. There is striking dynamical complexity that is readily accessible with networks of even the simplest analog circuits, so long as they are non-linear. A fundamental characteristic of brains is that their capabilities are mostly not hardwired by design, but reflect self-organization: brain networks possess so-called emergent properties that cannot be easily inferred from their separate constituent elements.
Chaotic circuits can mimic brain function, aid computing | Electronics EETimes