Wednesday, November 02, 2016
The Economic Twilight Zone in Japan / Economics / Japan Economy
It wasn’t supposed to be like this.As I learned in my MBA studies in the early 1990s, the sun was setting on the U.S. as a global economic power, just as it had on the British Empire 80 years before. The Land of the Rising Sun was ascending, and our job was to manage the decline of the U.S. as effectively as possible. There was even a book from famed McKinsey consultant Kenichi Ohmae on the subject, Triad Power.
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Wednesday, November 02, 2016
The Demise of the U.S. Middle Class / Politics / Social Issues
Our middle class has been shrinking substantially since the 1960s and ’70s. Today, their share of wealth is the lowest in the world at a mere 19.6%!But what exactly is to blame for the demise of the middle class?
Could it be the outsourcing of manufacturing jobs to China and other Asian countries?
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Wednesday, November 02, 2016
Forex Trading - USD/CHF Declines Sharply / Currencies / Forex Trading
Although the Institute for Supply Management showed that its manufacturing purchasing managers' index increased to 51.9 in Oct, the USD Index moved sharply lower. As a result, the greenback declined significantly against the Swiss franc. What does it mean for USD/CHF?
In our opinion, the following forex trading positions are justified – summary:
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Wednesday, November 02, 2016
Silver Price Is Looking Really Bullish In Dollars, Euros and Rands / Commodities / Gold and Silver 2016
Silver in South African Rand
The South African rand is often a leading indicator for where silver (in dollars) is going, as previously explained. Furthermore, the chart of the silver price in rands can often provide very clear signals or patterns of what might happen to price.
Currently, the silver price in rands provides the clearest signal (in my opinion) that silver is going to go very high in price. Below is a silver chart in South African rands:
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Wednesday, November 02, 2016
Can Oil Markets Survive An OPEC Implosion? / Commodities / Crude Oil
A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC's effort at coordination could be at yet another impasse.
Following the Algiers agreement at the end of September, a tentative deal that called for a collective reduction in oil output in the range of 200,000 to 700,000 barrels per day, OPEC scheduled a meeting on October 28-29 in Vienna to put some meat on the bones of the pact so that it could be officially sealed at the end of November.
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Wednesday, November 02, 2016
India, China Face Trade Choices / Economics / Asian Economies
In the coming years, China and India must decide whether their bilateral ties will be based on economic cooperation, political facilitation and strategic trust - or economic walls, political barriers and strategic containment.
In early October, militants attacked an Indian army camp in Indian-administered Kashmir, killing a soldier. In this contested region, the two nuclear powers, India and Pakistan, have occasionally been close to devastating military friction. In the mid-October BRICS Summit, India's Prime Minister Narendra Modi called Pakistan "mother-ship of terrorism."
Wednesday, November 02, 2016
Regardless of Who Wins the US Election, Confidence in Washington DC Is ALREADY Shattered / Politics / US Politics
It just doesn't matter much whether Hillary Clinton or Donald Trump wins the election, at least in terms of gold and silver market fundamentals. That said, the contest itself is signaling something important precious metals investors should be watching intently.
This campaign is dragging whatever prestige is still associated with the Office of President into the mud. Few voters on either side bother to spend much time arguing the greatness of their candidate. When both Trump and Clinton carry more baggage than American Airlines, it's easier to focus on their opponent's shortcomings.
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Wednesday, November 02, 2016
US Elections - Break Out of the Illusion / ElectionOracle / US Presidential Election 2016
In the old Soviet Union, people had “free” elections and were “free” to choose any Communist candidate that had been selected for the election. Most of the people of the Soviet Union understood well that their elections were shams.
Here in the United States, we also have “free” elections and the corporate media narrative is that you need to vote for one of the two candidates that have been selected for you, because if you go outside of that “choice”, the other terrible candidate that you do not want will win the election. You may not particularly like the candidate you plan to vote for, but that candidate is certainly the “lesser evil”. The corporate media has successfully spun that illusion so now many people do not even realize that there are choices outside of the Democrat/Republican duopoly that is strangling our election process.
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Wednesday, November 02, 2016
US Presidential Election Forecast 2016 - Will America Vote for BrExit Freedom? / ElectionOracle / US Presidential Election 2016
It's the 2nd of November and not just America but the whole world is counting down to the US election day. Gone is the fantasy reporting of a week ago when the mainstream press, pollsters, political pundits, analysts, book makers and markets were literally all concluding that Hillary Clinton was heading for not just an election win but a landslide victory. And then the FBI detonated their Hillary emails bomb which has galvanised into action what had been a Trump campaign literally on life support, which saw many cowardly republicans throwing in the towel, abandoning the Trump ship, leaving the Trump Terminator to keep relentlessly plowing on and on, on his own, regardless of what the establishment media threw at him every other day, that which would have killed off any ordinary candidate's campaign months ago!
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Tuesday, November 01, 2016
Precious Metals Stocks May Be Poised for a Major Upswing / Commodities / Gold and Silver Stocks 2016
Technical analyst Clive Maund outlines why he believes the correction in gold and precious metals stocks is coming to an end.
It now looks like gold's correction is done and its intermediate base pattern is completing. If so, then we are at an excellent entry point for many better precious metals (PM) stocks, which have been savagely beaten down over the past several months—a necessary correction following their outsized run-up earlier in the year.
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Tuesday, November 01, 2016
Stock Market Bottoms Up! / Stock-Markets / Stock Markets 2016
Last week’s commentary detailed the Hybrid Lindsay forecast for a low near Friday of last week. While the market did trend downward into Friday’s close near important support at 2,120, internal indicators show very few signs of an oversold market. In other words, it’s tough to make a case for a tradable low here without any confirming indicators.
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Tuesday, November 01, 2016
SPX May be Ready to Bounce / Stock-Markets / Stock Markets 2016
It appears that SPX has declined beneath all its recent lows. Despite the sloppy, overlapping decline, one probable pattern stands out. Minute Waves [i] and [ii] may not yet be complete. If so, we may see a decline to the vicinity of 2112.00 (Wave [i]) before a bounce into tomorrow’s Fed announcement (Wave [ii]).
Should that be the case, the bounce tomorrow may be a strong one.
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Tuesday, November 01, 2016
Here’s Everything You Need to Know About the ETF Business / Companies / Exchange Traded Funds
BY JARED DILLIAN : People still think of me as an “ETF guy,” even though it’s been years since I’ve made markets in ETFs.
I was in the ETF business during the Jurassic period, when ETFs were mainly trading vehicles, not something you really invested in.
But I’ve seen the entire arc of the industry, from inception (those crazy days of the QQQ on the AMEX) all the way to the present, disrupting the mutual fund industry and gathering trillions in assets.
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Tuesday, November 01, 2016
US Presidential Election 2016 - Your Vote Won’t Count! / ElectionOracle / US Presidential Election 2016
BY PATRICK WATSON : Election Day is coming and everyone is telling us how to vote. I have a more basic question: should you vote at all?
Don’t do it. Voting in the presidential election could kill you. We know this because economists say so.
I know that sounds weird. Let me explain.
Economics is all about how we allocate scarce resources… such as your vote. Like most other decisions, we make it using cost-benefit analysis: What does x cost and what benefit will it give me? If benefit outweighs cost, then x is a rational choice.
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Tuesday, November 01, 2016
Make America Economically Great Again / Economics / US Economy
I recall writing (back in the 1990s and early 2000s) that one of the great things about the US was our economic mobility. By that, I mean the ability of people to shift on the economic spectrum—to move from being a low-income family to being a high-income family, for example.
But recent studies tell us this is no longer the case.
It means the America I grew up in is changing. And that cuts right into my emotional comfort zone. I guess this should not surprise me because (a) the US is always changing, and (b) the evidence clearly shows the cultural shifts and economic woes of the younger generation.
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Tuesday, November 01, 2016
Bonfire Night, Fireworks Dangers Safety Code for Teens and Children! / ConsumerWatch / Educating Children
It's bonfire night again soon and already groups of teens are roaming the streets letting off fireworks. So here is a timely reminder that fireworks are VERY DANGEROUS! So follow some simple steps such as never holding a firework or returning to a firework once lit to ensure you have a happy and safe bonfire night!
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Tuesday, November 01, 2016
The Fight Against The North American Union And Globalism Is In Standing Rock / Politics / US Politics
If you are one of the few people left watching the mainstream media, you’d think that the only thing currently going on has to do with Donald Trump or Hillary Clinton.
There is much more going on than that, however. Aside from the ongoing military tensions with Russia and the faltering economy, there is a stand-off currently happening that is barely being reported on in the mainstream.
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Tuesday, November 01, 2016
Stock Market Indices Close Lower After Drifting Most of the Day / Stock-Markets / Stock Markets 2016
The stock market indices started the week off on a sour note, although they did gap up at the opening, they pulled back, tested, made slightly higher highs on the S&P 500, but the Nasdaq 100 was not able to do so. The rest of the day was spent drifting back down, and in the last hour, they went negative and closed near the session lows going away.
Net on the day, the Dow was down 18.77 at 18,142.42, 12 points off the low and about 50 points off the high. The S&P 500 was down .26 at 2126.15, about 60 cents off its low, 7 off its high, and very, very narrowly changed. The Nasdaq 100 was down 4.32 at 4801.27, closed at the low for the day, and 22 points off its high.
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Tuesday, November 01, 2016
Gold, Rate Hikes and the US Presidential Election / Commodities / Gold and Silver 2016
The next ten days or so will present gold with two major events both of which could impact on gold in different ways depending on their particular outcome and they are as follows:1. Possible interest rate hikes in the US as the FOMC meet
2. The US Presidential Election
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Tuesday, November 01, 2016
Stock Market Same Old Boredom....Elections Coming Up... / Stock-Markets / Stock Markets 2016
The market did today what it seems to do most every day. Gap and then go nowhere for the rest of the day. The market seems to waiting on the elections to come and go with the hope that Clinton will win only for the fact that it means The Dove, known as Yellen, will remain in place. It also wants deadlocks in the house and senate. However, before we get to the elections we get to look in on how the economy is doing on both manufacturing and services and then we'll gander a look at the Jobs Report on Friday. The fed is in between all this nonsense. Tomorrow it all starts with the ISM Manufacturing Report.
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