Wednesday, May 31, 2017
YouGov Shock Fake Poll Shows Conservatives Losing Election, Hung Parliament / ElectionOracle / UK General Election
YouGov appears determined to garner the most publicity by continuing to publish what in my opinion are FAKE POLLS that will never reflect reality, only purpose being to feed the mainstream media machine eager to create an illusion of a tight election race when no such race exists. And so the Times reports YouGov's headline grabbing shock poll of the Tories losing 20 seats falling to 310 whilst labour adding about 30 rising to 257 resulting in a Hung Parliament, a nightmare scenario of a weak Labour government controlled by the SNP that like vampires would seek to bleed the United Kingdom dry of its financial blood.
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Tuesday, May 30, 2017
Bitcoin Price Sees Most Important Action in Years / Currencies / Bitcoin
Bitcoin is right after a period of pullback from the recent all-time high. Is this move only a temporary correction or a beginning of a more sustainable move down? In an article on CNBC, we read:
Nearly $4 billion has been wiped off of the value of bitcoin in the past four days after a correction that has seen the cryptocurrency's price fall almost 19 percent from its recent record high.
On May 24, bitcoin hit an all-time high of $2.791.69. But on Monday, the digital currency was trading at an intra-day high of $2,267.73, marking a more than $520 drop or 18.7 percent decline since the record high, according to data from CoinDesk.
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Tuesday, May 30, 2017
Preparing for THE Bottom: Part 1 - Gold / Commodities / Gold and Silver 2017
If we look at gold from the long-term perspective, it’s clear that it hasn’t really done much in the recent months – it’s trading in the $1,200 - $1,250 range, which is where it was in the first half of 2016, first half of 2015, for most of 2014 and in the second half of 2013. Overall, despite short-term and medium-term price swings, not much has happened in the past few years.
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Tuesday, May 30, 2017
Why Sharia Gold and Bitcoin Point to a Change in Views / Commodities / Gold and Silver 2017
- New gold-backed currency OneGram launched
- Backed by one-gram of gold, uses blockchain technology
- OneGram is first in wave of new Shariah, tech-savvy gold products
- 2017 sees big changes for gold thanks to Shariah gold and blockchain
- Gold investors should prepare for tightening in supply
- Bitcoin and shariah gold demand suggest change in retail investor thinking
Tuesday, May 30, 2017
Credit Cards 0% Purchase Market Competition Heats Up / Personal_Finance / Credit Cards & Scoring
The credit card market has seen competition ramp up of late, with lenders fighting to sit at the top of the Best Buys. In the past, the lenders’ attention was focused mainly on the balance transfer market, however, research from moneyfacts.co.uk shows that introductory purchase cards are now benefitting from this fierce competition as well, with the average number of days available interest-free for purchases having increased by 37% in just one year.
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Tuesday, May 30, 2017
SNP Publish Latest Scottish Independence Suicide Note Manifesto / ElectionOracle / UK General Election
The SNP appear to have just copied and pasted what every SNP manifesto has been for past few years. One of ever-endums, supplemented by whatever the tunnel vision minds of fanatical nationalists can conjure up in an attempt at subverting BrExit. The latest are demands to be part of the UK's BrExit negotiation team so that Scotland can ensure that whilst the UK leaves, Scotland remains part of the EU single market, ignorant of the fact that this would mean that Scotland would leave the UK SINGLE MARKET! Which as I will explain would destroy the Scottish economy.
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Tuesday, May 30, 2017
USDCAD Is Facing Channel Support / Currencies / Canadian $
USDCAD has reached the bottom trend line of the ascending price channel on its daily chart which acts as support for the upside movement. As long as the price is above the bottom trend line, the pair remains in bullish structure and the fall from May 5 high of 1.3793 could be treated as correction of the uptrend from January 31 low of 1.2968, another rise towards 1.4000 could be expected after the correction. All we should do now is to wait for the breakout to occur.
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Tuesday, May 30, 2017
A New (questionable) Stock Market Uptrend? / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues with a notable loss of upside momentum.
SPX Intermediate trend: The correction from 2400 on 3/08 continues, with a B-wave still likely despite a new high.
Analysis of the short-term trend is done on a daily-basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Tuesday, May 30, 2017
What is the Best Way to Support Veterans? / Politics / US Military
Since the abolishment of the draft, volunteers have manned the military. By professional armed services standards, this conversion has produced the most efficient and competitive war machine ever. However, what escapes this simplistic viewpoint is that the forces deployed "To Kill People and Break Things", are used to expand and perpetuate an empire, while forgoing an actual defense of our nation. Decisions to police the world are made by non elected agencies, who essentially formulate the detailed policies that shed the blood of soldiers and drain the treasure of the country. Presidents and politicians talk about the hard determinations to place service personnel in harm's way, but it is the military-industrial-complex that does the grunt work in staging the logistics and directing what theater of operations the grand imperial military can operate.
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Tuesday, May 30, 2017
Currencies, and Some ‘Out There’ Thoughts on Inflation, Stocks, Gold and Miners / Stock-Markets / Financial Markets 2017
Uncle Buck’s index is weak and the SMA 50 is crossing below the SMA 200. Before long we will be reading about it in the media. Now let’s consider a theme we’ve promoted for years; when the media trumpet a “DEATH CROSS!” * it is time to brace for the opposite implication to the media’s bearish promotion. Our view has after all, included a decline to the mid-90s for the index. Meanwhile, USD/JPY is decent right at the SMA 50, USD/EUR and USD/CHF are at lateral support and USD is at least neutral vs. the Commodity currencies.
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Tuesday, May 30, 2017
UK General Election 2017 BrExit Factor Hidden from Pollsters Swing? / ElectionOracle / UK General Election
If your not already aware of the Brexit factor then it is an anti-establishment invisible to the pollsters swing of between 2-4%, which is why the pollsters keep getting the likes of the UK general election 2015, EU Referendum 2016 and the US Presidential Election 2016 very badly wrong as the pollsters always tend to skew the results in favour of those who commission the polls i.e. the establishment media.
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Tuesday, May 30, 2017
Gold And Silver Price Seasonality…June Worst Month? / Commodities / Gold and Silver 2017
It is universally known that there are many, many sundry factors that can affect the price of gold and silver. To name just a few: Political Environment, Value of the US Dollar and the Euro, Commitment of Traders, Possible Manipulation by the Fed, US Fed Policies Regarding the Level of Interest Rates, International Belligerent Turmoil, the Relative Value of the Stock Markets…and last but NOT LEAST THE SEASONALITY of Precious Metal Prices.
This analysis will only focus on THE SEASONALITY of Precious Metal Prices as there enumerable encyclopedic reviews of all the other factors affecting gold and silver prices. Specifically, what has been the average monthly price variance of the price of gold or silver for the 12 months over a period. In an effort to seek objectivity, we have selected Seasonality Charts from several pundit sources.
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Tuesday, May 30, 2017
Fracking – An Unconventional Poisoning / Politics / Fracking
Hydraulic fracturing, or fracking as it’s more commonly referred to, is used to stimulate the production of oil and gas from unconventional oil and gas deposits - shales, coalbeds, and tight sands. These types of deposits need to be stimulated because they have a lower permeability than conventional reservoirs and require the additional stimulation for production.
Hydraulic fracturing involves drilling a well then injecting it with a slurry of water, chemical additives and proppants. Wells are drilled and lined with a steel pipe that’s cemented into place. A perforating gun is used to shoot small holes through the steel and cement into the shale. The highly pressurized fluid and proppant mixture injected into the well escapes and create cracks and fractures in the surrounding shale layers and that stimulates the flow of natural gas or oil. The proppants (grains of sand, ceramic beads, or sintered bauxite) prevent the fractures from closing when the injection is stopped and the pressure of the fluid is removed.
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Tuesday, May 30, 2017
What Happened to Bitcoin? / Commodities / Bitcoin
- Bitcoin hits $2,700, a 500 fold increase in five years and doubling in price since May 1st.
- Previous surges – in 2011 and 2013 – have been followed by dramatic crashes
- Significant premiums seen in Asia, over USD price
- Total cryptocurrency market cap reached over $90bn, last week
- Market remains small and volatile
- Comparisons between bitcoin and gold are old, invalid and misleading
- Both bitcoin and gold offer opportunities to diversify away from corrupt financial system
Monday, May 29, 2017
Opinion Polls Based UK General Election Seats Per Party Forecast 2017 / ElectionOracle / UK General Election
The opinion pollsters are back in force for election 2017, publishing polls on a daily basis that are completely ignorant to the fact that they have gotten virtually every major election very badly wrong for the past 5 years. Where the excuse constantly peddled being that of margins of error, which appear always skewed in the favour of those who commission the polls thus ensuring that the pollsters have gotten the likes of the 2015 General Election, EU Referendum and the US Presidential election very, very badly wrong.
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Monday, May 29, 2017
An Invisible Curtain Falls Between Russia and the West / Politics / GeoPolitics
By Jon Sather : The Cold War ended over 25 years ago, but the lingering Soviet specter continues to haunt the Western world. Since the election of Russian President Vladimir Putin in March 2000, a new conflict has been brewing, this time in cyberspace. And on a battlefield monopolized by the United States and Russia, the historical threats of nuclear war, ambitions of global dominance and aspirations of containing the enemy may not be the relics of the past we imagine them to be.
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Monday, May 29, 2017
Gold Broke Above Triangle Pattern on 4-hour Chart / Commodities / Gold and Silver 2017
Franco Shao writes: XAUUSD broke above the triangle patter on its 4-hour chart last Friday and continued its short term bullish movement from the May 9 low of 1214.17, and the price extended to as high as 1269.37. Near term support is at around 1255, as long as this level holds, the bullish move could be expected to continue over the next several days.
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Monday, May 29, 2017
Gold Proprietary Cycle Indicator is Down - 29th May / Commodities / Gold and Silver 2017
Technical analyst Jack Chan charts the latest moves in the gold and silver markets, noting COT data supports higher silver prices.
Our proprietary cycle indicator is down.
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Monday, May 29, 2017
How Investors Can Profit From The Coming Resource Wars / Commodities / Metals & Mining
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Monday, May 29, 2017
The Vienna Deal: Only Temporary Relief in Oil Markets / Commodities / Crude Oil
The Vienna agreement among OPEC and non-OPEC oil producers will extend oil cuts by nine months. After the deal, oil price plummeted by about 5 percent. Far more is needed to subdue new economic uncertainty and market volatility.
Among the oil insiders, the decision to extend oil production cuts was seen as a done deal well before last week's Vienna meeting. But as I have argued in the past few years, investors seek assurances of longer production cuts. That is vital in an era of huge energy overcapacity.