Wednesday, August 31, 2016
Trump in Mexico, Obama Stumps for Hillary / ElectionOracle / US Presidential Election 2016
This year’s presidential race represents duopoly governance at its worst, two aspirants vying for the nation’s highest office, both unfit to serve, voters given no choice.
The election was hacked, says Rutherford Institute’s John Whitehead. “The outcome is a foregone conclusion: the police state will win and ‘we the people’ will lose” - with no say whatever on who’ll lead them or how their country will be run.
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Wednesday, August 31, 2016
Humanity at Risk / Politics / Social Issues
Never before in history was humanity more at risk than now. Earlier wars were fought with conventional weapons.
Today’s super-ones make them look like toys by comparison. Thermonuclear bombs, if used, can incinerate entire cities and surroundings.
Enough of them launched risks nuclear winter. Physician, nuclear expert, anti-war activist Helen Caldicott earlier said “nuclear technology threatens life on our planet with extinction.”
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Wednesday, August 31, 2016
SPX Near a Confirmed Sell / Stock-Markets / Stock Markets 2016
SPX appears to be on its way to the 50-day Moving Average at 2149.76. However, the trigger point for a confirmed sell may be the Broadening Top trendline and previous bottom at 2160.39 for a confirmed sell signal. In fact, the confirmation may have been at the failed bounce after the decline to 2160.39. In any event, the SPX still has a distance to go. The floodgates of selling may open beneath the 50-day M.A., so it may be good to be ahead of the crowd.
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Wednesday, August 31, 2016
Green Bond Market Will Continue To Grow / Interest-Rates / Renewable Energy
If a bond has a negative yield, then the bondholders will lose their money on their investment. In the long run, their expectations are lower and consequently they lose the incentive to invest — which may have far-reaching repercussions.
Green Bonds Are Changing Investor Expectation’s
The rapid growth of the green bond market has sparked interest from many audiences.
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Wednesday, August 31, 2016
Debt Bubble in Ireland and Globally / Interest-Rates / Global Debt Crisis 2016
Mark O’Byrne, Research Director of GoldCore, was interviewed by Max Keiser about the arrival of negative interest rates in Ireland and Germany, the risk of bail-ins, the return of a rental and property bubble in Dublin, the Irish and global debt bubble and why wealthy individuals and institutions are diversifying into gold.
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Wednesday, August 31, 2016
UK Savings Market Left Devastated after Base Interest Rate Cut / Personal_Finance / UK Interest Rates
The Bank of England’s decision to drop the base rate has officially fuelled the fire of rate cuts across the savings market, making August the worst month of the year for cuts which total a devastating 354, compared to just 3 rate rises. This means that for every rate rise during the month there were 118 cuts.
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Wednesday, August 31, 2016
S&P 500 Supported on Several Fronts / Stock-Markets / Stock Markets 2016
The last year saw a host of conflicting news events across the globe that affected the entire financial market. The S&P 500 index was no exception. During this period, the S&P moved from 1,810 to 2,180 registering gains of over 20% in the process. Despite weakening economic data and building uncertainties in many global economies, the S&P 500 still managed to outperform it contemporaries due mainly to stronger domestic economic reports in the US.
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Wednesday, August 31, 2016
Why Wall Street Is Throwing Billions At The Permian / Commodities / Oil Companies
The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas.
The Permian Basin is one of the last profitable areas to still drill with sub-$50 oil, and as other regions fall by the wayside, an increasing portion of drilling activity and spare investment dollars are flowing into the Permian. The rebound in the rig count in the U.S. is largely concentrated in the Permian. The West Texas shale basin has captured two-thirds of the 90 oil rigs that have been added since hitting a nadir in May.
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Wednesday, August 31, 2016
Gold’s strong summer may be harbinger of things to come / Commodities / Gold and Silver 2016
We are now wrapping up one of the stronger summers in memory at USAGOLD and heading into the strongest time of year seasonally for gold and silver – September through February. Normally the summer months are the quiet part of the year, but 2016 has been an exception. The price of gold is up 9% since the beginning of June and silver over 18%. ETF gold inventories reached highs in July and August not seen since 2009, the year after the collapse of Lehman Brothers and the launch of the so-called credit crisis. Some see the stronger than usual summer showing for the precious metals markets as a harbinger of things to come.
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Wednesday, August 31, 2016
A Two-Bar Pattern that Points to Trade Setups / InvestorEducation / Learn to Trade
Some people like to get outside on the weekends, maybe playing tennis or working in the yard. Some people like to visit their friends or cook a big meal or go out to see a movie. And some people who are passionate about their work -- such as Elliott Wave International's futures analyst Jeffrey Kennedy -- like to stare at hundreds of price charts on their computer screen to find patterns that point to trade setups. We used to worry for his health but not anymore, because he's been doing it for years and he comes up with some neat stuff. A case in point is his discovery of a two-bar pattern that he named the Popgun. Find out more in this excerpt from the Club EWI eBook, How to Use Bar Patterns to Spot Trade Setups.
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Wednesday, August 31, 2016
Awareness of Fed Credibility Problems Going Mainstream / Interest-Rates / US Federal Reserve Bank
The nation’s pre-eminent central planners just held their annual gathering at an exclusive resort just outside Jackson Hole, Wyoming and discussed how to interfere even more deeply in markets. In a speech entitled “The Federal Reserve’s Monetary Policy Toolkit: Past, Present and Future,” Fed chair Janet Yellen outlined why zero interest rate policy (ZIRP), purchases of toxic mortgage securities, and monetization of Treasury debt just aren’t adequate. Officials must add negative interest rates (NIRP) and purchases of even more sketchy assets to their “toolkit.”
Yellen has spent more than a year floating the idea of negative rates, so it is no surprise she is hustling the ludicrous policy once again. In fact, very little of what she said Friday is new. It was the usual mess of contradictions.
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Wednesday, August 31, 2016
GDX Gold Stocks Update…The First Consolidation Pattern / Commodities / Gold and Silver Stocks 2016
I’m going to use the GDX as a proxy for the rest of the PM stock indexes. I can now say with a fair amount of confidence that the first consolidation phase is taking place. Lets start with just a simple daily chart for the GDX which is showing a small unbalanced double top with the right high being higher than the left high. Five days ago the price action gapped below the double top trendline and last Friday the GDX backtested the double top trendline from below. The price objective for the unbalanced double top is down to the 24.50 area.
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Wednesday, August 31, 2016
Unknown Voluntary Servitude and the Creature from Jekyll Island / Politics / Social Issues
Here's a long debated topic. Should we leave the creation of new money in the hands of bankers or place its creation solely with our government?
Let's try and answer it.
The Creature from Jekyll Island
On the night of November 22, 1910 a delegation of the nation's leading financiers, led by Senator Nelson Aldrich, left New Jersey for a very secret ten day meeting on Jekyll Island, Georgia.
Aldrich had previously led the members of the National Monetary Commission on a two year banking tour of Europe. He had yet to write a report regarding the trip, nor had he yet offered any plans for banking reforms.
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Wednesday, August 31, 2016
Why the Convoluted Message From Yellen? / Interest-Rates / US Interest Rates
Why the tough talk out of one side of her mouth and ‘other policy tools’ language out of the other (ref. Yellen Lays Out Tools… )? Oh, I don’t know. Maybe it has something to do with this…
The stock market has merrily followed money supply aggregates upward since 2009. When money supply decelerates the market corrects. When money supply ramps upward the market ramps upward. Money supply has been rolling over since 2014, which was not coincidentally when the first tremors began for the stock market in its recently completed top (that wasn’t). From SlopeCharts…
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Tuesday, August 30, 2016
King of Debt vs. Queen of Deficits / Interest-Rates / US Debt
The Congressional Budget Office (CBO) estimates the total deficit for fiscal 2016 will be $590 billion. This is $152 billion (34%) greater than the shortfall posted in fiscal year 2015. And by 2026 the deficit would be considerably larger as a share of the nation’s output (GDP) than its average over the past 50 years.
In addition to this, debt held by the public would rise significantly from its already high level, reaching 86% of GDP by 2026.
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Tuesday, August 30, 2016
It’s Official: The Global Real Estate Bubble is Finally Bursting! / Housing-Market / UK Housing
It’s official.The global real estate bubble is bursting.
After imposing a hefty 26% tax on foreign buyers, and a 12% to 16% surcharge for buyers who flipped their house between one and two years, Singapore real estate has declined 21.5%.
Vancouver has taken similar measures, and – surprise, surprise – its real estate is down 24% in just five months!
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Tuesday, August 30, 2016
The Influx of Female Professionals is Changing Consumer Spending / Economics / Demographics
I recently dropped off my youngest at college for her freshman year. She’s finally free of the prison rules of high school, and can explore life as a young adult. I’ve given her a few pointers. OK, maybe a few thousand tips on what to do and what to avoid over the next four years.I think I’m qualified. Her two older siblings are navigating college life just fine, with no police records and their online dignity still intact. I’m sure our parental guidance had a lot to do with this… or at least a little something.
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Tuesday, August 30, 2016
7 Things to Remember When Inflation Returns / Economics / Inflation
The problem for much of the global economy since the Financial Crisis of 2008 has been a lack of inflation. The banking system seized up, and loans were hard to come by for a couple of years. This shock hurt economic growth and knocked inflation down to near zero. Many major economies were hit with outright deflation.
In response, global central banks—including the US Federal Reserve—began a massive series of stimulus programs. The goal was to help their national economies get back on track. But, the results have been mixed. The US economy is one of the few to show signs of life over the last year or so.
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Tuesday, August 30, 2016
The Next Monetary Experiment - Japan Prepares To Buy Pretty Much Everything / Stock-Markets / Trading Systems
For most of the world, the past decade’s monetary and fiscal experiments are viewed as failures. See, for instance, French support for the EU project crumbling on both left and right and Why were smart people suckered by Abenomics?
So what do the best and brightest now running global economic policy do when their experiments don’t work? Apparently they double down, repeating the experiment with an even bigger dose. In Japan:
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Tuesday, August 30, 2016
The Pro Hillary Supporter Challenge / ElectionOracle / US Presidential Election 2016
As Labor Day approaches, the serious presidential campaign heats up. This cycle presents a truly clear and definitive choice. Hillary Clinton is the embodiment of the crony establishment. Donald Trump is the antithesis of the status quo and business as usual. Forget all the distractions. It is the final grudge match: Globalism One World Order vs. America First Populism and National Sovereignty. BREAKING ALL THE RULES would like to dare any staunch admirer of Hillary Clinton to present their case why she deserves to become POTUS.
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