Friday, September 09, 2016
Trump’s Visit to Mexico Was a Win-Win / ElectionOracle / US Presidential Election 2016
BY GEORGE FRIEDMAN : Since the democratic convention, Donald Trump has been behind Hillary Clinton in the polls by about five points. He has a solid base of voters (about 40%). But, he must move about 6%–7% to win the popular vote and eke out the electoral.
Trump needs a strategy that allows him to roll back his negatives a bit. He also must win over a few of those who are voting for Clinton only because she isn’t Trump.
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Thursday, September 08, 2016
The Next Sector To Recover From The Oil Price Crash / Commodities / Crude Oil
Oilfield services, shipbuilders and other industries that rose with the pre-2014 oil price boom have had it hard. Since barrel rates fell, their previous patrons have become uninterested in doling out major purchase orders, leaving oil and gas equipment manufacturers without revenues.
A recent report by Arkansas Online says the energy industry’s support sector could feel the effects of low oil prices for up to two years after the current bear market recovers.
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Thursday, September 08, 2016
Failure of Inflation Targeting?! / Economics / Inflation
It ain't working. Eight years after the outbreak of the financial crisis, central bank chiefs suggest they have saved the world, but have they? We argue central banks have become part of the problem, not the solution. At its core, their indoctrinated focus on inflation may well do more harm than good, with potentially perilous implications for investors.
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Thursday, September 08, 2016
China New Stocks Bull Market Underway? / Stock-Markets / Chinese Stock Market
If it wasn’t for the quantification of waves by OEW this volatile index would look more like a commodity index than a stock index. When reviewing the entire history of the SSEC we see a series of volatile up moves followed by longer and less volatile down moves. In fact, nearly all of the bullish trends have lasted only 1-2 years, while the bearish trends have taken as long as 4 years.
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Thursday, September 08, 2016
Stocks Remain Close To Record Highs, Which Direction Is Next? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is now neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Thursday, September 08, 2016
U.S. Stocks Election Jitters Coming? / Stock-Markets / Stock Markets 2016
Everyone seems to think we are going to get a big sell off right after the elections. I doubt that will happen as we will be entering the most bullish time of the year (not to mention the Nasdaq is breaking out of its 15 year consolidation). The last two intermediate cycles were about normal in duration. I expect this cycle to stretch a bit and possibly not bottom until January.
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Thursday, September 08, 2016
Delusional Mark Carney Claims Success for Bank of England's Worthless BrExit Forecasts / Interest-Rates / BrExit
Britain's very own Tyrion Lanister, The Master of Coin, migrant banker Mark Carney, Governor of the Bank of England stepped forward Wednesday to claim success both for Banks dire forecasts of economic doom, a technical recession in store for the UK economy should Brexit happen AND now also for subsequent surprisingly strong performance of the UK economy that has seen record numbers across several economic measures such as the Purchasing Managers Index (PMI) for August recording its largest jump in its 25 year history, or that the house price crash of 18% has failed to materialise, or that new car sales have leapt 3% against a year ago which is a sign of consumer confidence.
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Thursday, September 08, 2016
Hyperinflation Versus Deflationary Collapse / Economics / Economic Collapse
If the thunder don’t get you, then the lightning will… The Grateful Dead, The Wheel(lyrics)
In the world of phenomena, everything has a beginning and an end; and today, the bankers’ endgame is moving closer to its inevitable resolution and demise. The question is no longer if, it is when and how.
The relationship between paper money and gold is causal in central banking’s collapse. When paper money was backed by gold, it (1) gave the bankers’ paper money its value and (2) constrained the ability of governments to print limitless amounts of money, as governments needed money backed by gold to balance trade deficits, i.e. value for value.
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Thursday, September 08, 2016
Three Large Gold Miners That Are Still Inexpensive / Commodities / Gold and Silver Stocks 2016
Money manager Adrian Day profiles three large miners in his portfolio that have had success solving problems yet are still inexpensive.
Goldcorp Inc. (G:TSX; GG:NYSE 16.02) has had a tough year. After reporting a year-end loss of $4.1 billion due to writing off and down various projects—a supposed clearing of the decks for the new CEO David Garofalo—the recent results were not so positive. Production was down year-on-year, due to shortfalls and problems at its two largest mines, Peñasquito and Cerro Negro.
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Thursday, September 08, 2016
The Sidelines Could Be More Dangerous for Investors Than Getting on the Field / Commodities / Gold and Silver 2016
A year ago at this time, it was hard for investors to find available inventory for the most popular silver products – as well as some gold coins. Premiums for the silver American Eagle reached nearly $6.00 per coin. Mints and refiners couldn’t keep up with demand, and long lead times became par for the course across the silver product line.
Today, retail buying of physical silver has slowed considerably. There is lots of inventory in dealer vaults and the number of bullion investors looking to sell is on the rise.
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Wednesday, September 07, 2016
How I Got Mark Cuban to Concede That Central Banks Have Cornered the Bond Markets / Interest-Rates / US Bonds
Mark Cuban just conceded to me that Central Banks have cornered the bond market.
Cuban is a billionaire investor, owner of the Dallas Mavericks, and reality TV star from Shark Tank.
He’s also begun making a series of strange media appearances in which he claims that if Donald Trump wins the US Presidency in November, “I have no doubt in my mind that the market tanks.”
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Wednesday, September 07, 2016
SPX May have made its Reversal / Stock-Markets / Stock Markets 2016
Good Morning!
Today is proposed to be a Trading Cycle pivot day, so this may be what we have been looking for.
This decline may go directly to the belly of the Beast, as Wave (3) of [1] appears to be capable of making a Primary Cycle low on or around September 21. Primary Cycles are often awe-inspiring in their strength and breadth. This is also the decline into point 8 of the Orthodox Broadening Top, which is often a panic low.
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Wednesday, September 07, 2016
Stock Trading based on Mainstream Media Perfect recipe for Losses / Stock-Markets / Stock Markets 2016
"Emotion is primarily about nothing, and much of it remains about nothing to the end." ~ George Santayana
If CNN, FOX, CNBC, etc. are the primary sources you use to base your investment decisions on, perhaps it is time for a change in strategy. These outlets focus on amplifying the "noise factor". Their only function is to make sure that the crowd will over react to any given event.
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Wednesday, September 07, 2016
Islam -- the Clash of Faith and Ideology and Total Disintegration / Politics / Religion
Never in its entire history, had Islam faced such a grave situation of the unending clash between the Faith and the Ideology as has been fermenting all over the Islamic world. For over 80% of the world Muslims, Islam is still ‘Peace’ and a Religion. But highly powerful and pervading factions of the elite Muslims redefines Islam as an Ideology and Political or Economic System rather than mere ‘peace’ or ‘faith’ or ‘religion’. However, the world has not yet fully grasped the intensity of the clashes that are capable of disintegrating Islam as a religion and their impacts on the Global Peace and Development.
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Wednesday, September 07, 2016
Silver Bullion Surges 3.5% To Over $20 Per Ounce / Commodities / Gold and Silver 2016
Silver surged 3.5% yesterday rising 65 cents and closing at $20.04/oz and gold rose by 2% or by $23 to close at $1,348.80/oz after poor economic data in the U.S. underlined deepening concerns about the economic and indeed the monetary outlook.
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Wednesday, September 07, 2016
Gold Price In Excess Of $8000 While US Dollar Collapses / Commodities / Gold and Silver 2016
The US Dollar Index is not a measure of the value of the US dollar relative to gold. However, there is a relationship between the US Dollar Index and gold price rallies.
The best gold price rallies came during periods where the US dollar index was in a declining trend.
During the 70s, for example, the US dollar index was in decline during the major gold rallies (1971 to 1974, and 1976 to 1980).
Wednesday, September 07, 2016
Stock Market Closed Near the Highs for the Day / Stock-Markets / Stock Markets 2016
The stock market indices started the week off with an up-session, closing near the highs for the day going away. The day started out with a move up to resistance, a sharp pullback that held support, and then they rallied to midday, consolidated until the last thirty minutes when they surged slightly, and finished near the highs.
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Wednesday, September 07, 2016
Despite Downturn, Silver Market Looks Positive / Commodities / Stock Markets 2016
Technical analyst Clive Maund charts the recent downturn in silver, but also sees reason to be optimistic about the market going forward.
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Wednesday, September 07, 2016
BrExit UK Economic Collapse Evaporates, GDP Forecasts for 2016 and 2017 / Economics / UK Economy
Its now two months on from when the establishment elite prophesied a post BrExit economic collapse apocalypse, however subsequently a stream of economic data on the UK economy continues to paint a picture that is a the exact extreme opposite to that which the establishment and their vested interests had propagandised both before and immediately after the EU referendum vote, a message literally warning of economic collapse as the following warnings of doom from David Cameron, George Osborne and Mark Carney illustrate and that which many still blindly cling onto to this very day despite reality starting to dawn of a UK economy that is literally soaring into the stratosphere by recording unprecedented gains across several economic measures into and during the month of August.
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Tuesday, September 06, 2016
David Morgan Emphatically Makes Case for Owning Real Money outside the Banking System / Commodities / Gold and Silver 2016
Mike Gleason: It is my privilege now to be joined by our good friend David Morgan of The Morgan Report. David, I hope you've been having a good summer and welcome back. It's always a pleasure to talk to you.
David Morgan: Thank you very much, and yes, I have been having a wonderful summer. Thank you.
Mike Gleason: Well, as we begin here, David, please give us your thoughts on the recent pullback in the metals. We've maybe been overdue for a correction for a while now. I know in following your work, you've been calling for one, and we're getting it here. And after a fantastic first six or seven months of the year for gold and silver, we're finally starting to see some real selling pressure emerge. What is your take… what have you noticed during this mini-correction, and what are some of the reasons for the pullback?
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