Saturday, November 12, 2016
Delirium - The Real Reason Why Donald Trump Won the US Presidential Election / ElectionOracle / US Presidential Election 2016
All those who failed to see Trumps election coming are now busy pumping out reams and reams of worthless drivel. They don't have a clue, they don't get it and never will, because the answer is not in text on printed and web pages. It's not even in spoken words, none of that! THIS IS the real reason why Donald Trump won! DELERIUM, waves and waves of delirium washed over the electorate to galvanise them into losing touch with reality and entering Donald Trumps altered reality. Don't believe me ? Then watch this video -
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Friday, November 11, 2016
Gold, Miners Under Trump / Commodities / Gold and Silver Stocks 2016
Donald Trump’s epic underdog victory climaxing the US presidential race was radically unexpected by the great majority of the world. Equally if not more surprising was the subsequent days’ market reaction. Stock markets, gold, and gold-mining stocks did exactly the opposite of what was universally forecast for a Trump win. This has left contrarian traders wondering how gold and gold stocks will likely fare under Trump.
Personally I’m thrilled and filled with hope for America with Donald Trump being our next president! We desperately needed someone to overthrow Washington’s stranglehold on our lives. In both our monthly and weekly newsletters published before Trump’s apparent upset, I took the contrarian stance explaining why Trump had far greater odds of winning than widely assumed. The stock markets predicted a Trump win too!
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Friday, November 11, 2016
Only Winners of the US Presidential Election Are… / Stock-Markets / Financial Markets 2016
HSBC,(https://en.wikipedia.org/wiki/HSBC), is projecting gold to rise to $1,500 an ounce, since the ‘real-estate magnate’ triumphed up from behind in the election results (http://www.bloomberg.com/news/articles/2016-11-01/buy-gold-no-matter-who-wins-the-election-hsbc-says). It is protection against everything!
The U.S. Debt-to-GDP ratio is 125% and will be growing. ‘Main Street America’ has been told that these are measures required to stimulate economic activity, to prevent crises, increase employment, and soothe the financial markets.
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Friday, November 11, 2016
Trump & The Fed / Politics / US Politics
There is critical information in the first 45 seconds of the Donald Trump campaign video below. Now the election is over, and this nonpartisan analysis is not about campaigns, politics or who should have been elected - but some absolutely fundamental changes that could be on the way.
The video was Trump's closing argument for his election, and was released on November 6th.
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Friday, November 11, 2016
Trump, Brexit - Democrazy / ElectionOracle / US Presidential Election 2016
Dear Parader,
I began writing this week’s musings on a small notepad while sitting in the Homeowners Association Meeting here in La Estancia de Cafayate.
For the record, I have a near phobic dislike of sitting in meetings that ranks right up there with filling in government forms.
To my way of thinking, business that could be handled efficiently by a couple of well-intentioned and reasonably intelligent individuals in 15 minutes takes a larger group several hours to reach either the same conclusion or something less efficacious.
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Friday, November 11, 2016
Hillary, Obama and Media -- the Victims of Their Own Illusion and Propaganda and Making Trump the President / ElectionOracle / US Presidential Election 2016
The credit for the ‘stunning’ or ‘unbelievable’ victory of Donald Trump goes to Hillary Clinton, Barak Obama and their bribed or obedient Medias and above all their Quixotic Propaganda. Hillary propaganda can be considered as the most strategically idiotic and blunder-some political exercise leading to her own self-defeat and the uneasy victory of Donald Trump. They made Donald Trump the real hero and savior of the American Dream and Interest.
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Friday, November 11, 2016
US Stock Market Update: Trump Towers / Stock-Markets / Stock Markets 2016
There are more Trump Towers being erected by certain indexes (ref. Uncle Buck’s pants tent noted yesterday in an HUI update). As an aside, say what you will about the man, but the name and the persona are a natural for we financial writers and others not tasked to be sensitive about politics or politicians. I mean, how much fun could one make of Obama, a person who comes across as dignified and idealist? Bush was a little better, but even he was no Trump. The Clintons? Getting warmer. But Trump is a new thing all together, almost transcendent; more concept than man. I like this, speaking as a writer. Love it, actually.
On a more serious note, I think he is eventually going to be seen in a lesser light, as the true believers who thrust him upon their tired shoulders find out that promises are one thing and reality is quite another; if anything, he will deliver inflation, which adversely affects… anyone? Bueller?… the middle and lower classes. Asset owners – like Trump – always win and those who go paycheck to paycheck, always lose in inflationary/reflationary regimes. So if the hype proves true and exported jobs are repatriated, roads, bridges and walls are erected, tax breaks for big corporations are implimented and yet more deficit spending is enacted, it is not the true believers who are going to benefit.
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Friday, November 11, 2016
Japanese Tales of Common Insanity and Gold / Commodities / Gold and Silver 2016
Einstein allegedly once claimed that insanity is doing the same thing over and over again and expecting different results. It turns out that central bankers are really insane. Their loose, unconventional monetary policy has not worked in Japan for the last quarter-century, but it did not prevent the Bank of Japan from adopting zero interest rates targets for ten-year Japanese government bonds and from the commitment from overshooting its inflation target. But let’s leave the analysis of the central bankers’ denial of reality to psychologists and focus on the short summary of the Japanese economy in the last quarter-century. Such an analysis would outline the necessary context for the examination of the relationship between the BoJ’s actions, the USD/JPY exchange rate and gold.
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Friday, November 11, 2016
Financial Markets, Gold, Stocks Full out “RISK ON” / Stock-Markets / Financial Markets 2016
Financial markets are becoming absolutely giddy with delight as they are now firmly looking beyond their “dark night of captivity” to the Obama administration’s growth killing regulatory scheme with all its oppressive mandates to a “new morning” of a business friendly Trump administration.
Wall Street is sensing growth and investors are responding by unceremoniously trash-canning the safe haven or defensive categories of stocks.
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Friday, November 11, 2016
Stock Market Higher into Next Week Then... / Stock-Markets / Stock Markets 2016
Last week, I mentioned that it was possible that Y of B could make a new high into next week then we go down hard. I had 2214 (or so) on the SPX as a maximum upward target and that could be the case by Tuesday next week.
On Tuesday, at the close, we went short expecting a Trump victory and a plunge. Wow! The futures plummeted down about 100 and then came back with a vengeance! It sure caught us by surprise (the strong comeback, not the plunge).
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Thursday, November 10, 2016
What Stock Market Investors Can Expect from the Trump Revolution / Stock-Markets / Stock Markets 2016
They’re calling it the Great Revolution, and rightfully so. Donald Trump’s earth-shattering victory over Hillary Clinton on Nov. 8 must surely rate as one of the greatest political upsets in U.S. history. It stretches the mind to recall the last time a true political outsider won the Oval Office. The prospects of what an independently wealthy and politically unattached President can do for the country are tantalizing to consider.
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Thursday, November 10, 2016
Midnight in America / Politics / US Politics
Stunned political analysts are missing the most plausible argument explaining Donald Trump's unexpected victory. The misreading of the American electorate stems from the political class' acceptance of mistaken (and increasingly insane) economic dogma that has arisen over the past generation. Based on their flawed understanding of economics, the pundits could simply not understand why the electorate had become totally disillusioned.
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Thursday, November 10, 2016
Gold Just Waiting on the US Dollar / Commodities / Gold and Silver 2016
Gold is resisting the bounce in the dollar, as it has done in the past. Once the dollar is ready to roll over into an intermediate cycle low gold will be ready to fly.
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Thursday, November 10, 2016
Uncertainty Drives Central Bank Gold Purchases / Commodities / Gold and Silver 2016
Dedollarization and Uncertainty drive Central Bank Demand for Gold
- Central banks added 81.7t to their gold reserves in the third quarter
- Total central banks purchases in the year-to-date reach 271.1t.
- Fellow-SCO member Kazakhstan and Belarus also had to holdings
- 90% of reserve managers intend to increase or maintain gold reserves.
- “The case for gold remains compelling for reserve managers” state WGC
- Unconventional monetary policies will underpin gold demand in coming years.
Thursday, November 10, 2016
President Trump and Americas Brexit; The Stock Market Crash That Never Was / Stock-Markets / Stock Market Crash
"Come to the edge," He said. They said, "We are afraid. "Come to the edge," He said. They came. He pushed them, and they flew. ~ Guillaume Apollinaire
In early October when the pollsters were all busy proclaiming that Hilary was going to win, we stated in an article titled Mass Psychology states Trump win Equals stock market buying opportunity that from a financial perspective a Trump win would present an excellent opportunity for the astute investor. We had made the same comments before Brexit became a reality, and it has been our theme that as long as the trend is up, all sharp pullbacks should be seen through a bullish lens. In other words the more substantial the deviation, the better the opportunity. Here is a small excerpt from the above-stated article:
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Thursday, November 10, 2016
Trump to Send Gold Price to $10,000 / Commodities / Gold and Silver 2016
Trump is going to the White House…
Just as I called on ABC Australia two weeks ago.
Thursday, November 10, 2016
Modi Heats Up Indian War Against Cash / Personal_Finance / War on Cash
The battle for a cash-only world is getting hotter. The latest battlefront? India.
The latest rupee news? Outrageous.
Prime Minister of India, Narendra Modi – beloved of Western elites for a variety of reasons – has just announced that all 500 Indian rupee Notes ($7.50) and 1,000 Indian rupee ($15) notes will no longer be considered legal tender. The 500 and 1,000 rupee, by the way, are the two largest denominations in India. Equivalent to the US banning the $100 and $50.
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Thursday, November 10, 2016
President-elect Trump: The beginning of an Era? Or the End of one? / ElectionOracle / US Presidential Election 2016
Everyone was so certain. The pollsters and poll watchers almost uniformly predicted a Trump defeat – among them the celebrated Nate Silver of FiveThirtyEight who gave Trump only a thirty-eight percent chance of winning heading into Election Day.
Of the eleven national polls to be released in the final week of the race, only two – a Los Angeles Times/USC survey and one from IBD/TIPP – showed Trump with the lead (TheHill, Nov. 9). These polls proved the most accurate for two consecutive presidential cycles.
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Thursday, November 10, 2016
The Most Hated Stocks Bull Market in History / Stock-Markets / Stock Markets 2016
I know some of you are wondering why I didn’t post many charts today. The reason being, when there is extreme volatility one can get whipsawed to death getting caught on the wrong side of the whipsaw. My experience has been to let things settle down for a day or two and see what happens. I always look for how the price action is interacting with a potential strong support or resistance line. Normally, whatever the direction the big trend is in, when you get a day like today, after the volatility subsides, the big trend will reassert itself again. It may take a few days or a few weeks but the big trend is your friend.
Earlier today I showed you a daily chart for the INDU which showed several small blue consolidation patterns forming on top of a one year black triangle consolidation pattern. There is another daily chart I haven’t shown you yet that shows the two small blue consolidations forming in a rising wedge formation. Until today I had the lower black rail of the rising wedge parallel to the top rail. With the big reversal taking place I adjusted the bottom rail up to catch this weeks low, which is now giving us a rising wedge formation. I’ve shown you many times in the past how bigger patterns can be made up from smaller patterns. This is now the case with the rising wedge formation.
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Thursday, November 10, 2016
Trump Win Signals $1,500 Gold and $24 Silver, predicts Nick Barisheff / Commodities / Gold and Silver 2016
According to Nick Barisheff, President and CEO of Bullion Management Group Inc. (BMG), "A Trump US presidential victory signals US$1,500 an ounce for gold and US$24 for silver in the intermediate term."
"Trump voters have now injected an unprecedented level of uncertainty into global financial markets," continued Barisheff. "Investors prefer clarity, and until President-elect Trump fully clarifies his economic, trade and foreign policy positions, investors will be in a high-alert state of uncertainty. Roiling markets will compel investors to purchase safe-haven assets, especially precious metals."
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