Sunday, October 25, 2015
Kerry and Abbas Conspire Against Palestinians / Politics / Palestine
Abbas is a longtime Israeli collaborator. Washington one-sidedly supports Israeli interests, including decades of ruthless occupation harshness.
Whenever Kerry shows up anywhere, especially in the Middle East, he’s always up to no good. His current trip took him to Berlin (meeting with Netanyahu while there) and Amman, meeting with Jordanian officials and Abbas, plotting ways to betray Palestinians again, urging calm at the expense of their interests.
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Sunday, October 25, 2015
Gold and Oil Consolidating Ahead of Next Rally / Commodities / Gold and Silver 2015
Gold and oil both are moving down into a daily cycle low, consolidating gains and building energy to break through their 200 day moving average.
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Sunday, October 25, 2015
First Tier Resistance Breached Key Level Exceeded / Stock-Markets / Stock Markets 2015
Current Position of the Market
SPX: Long-term trend - Bull Market?
Intermediate trend - SPX is in the midst of an intermediate correction (at least).
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 discusses longer market trends.
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Saturday, October 24, 2015
Killing Off Community Banks - Intended Consequence of Dodd-Frank? / Politics / Banking Stocks
At over 2,300 pages, the Dodd Frank Act is the longest and most complicated bill ever passed by the US legislature. It was supposed to end "too big to fail" and "bailouts," and to "promote financial stability." But Dodd-Frank's "orderly liquidation authority" has replaced bailouts with bail-ins, meaning that in the event of insolvency, big banks are to recapitalize themselves with the savings of their creditors and depositors. The banks deemed too big are more than 30% bigger than before the Act was passed in 2010, and 80% bigger than before the banking crisis of 2008. The six largest US financial institutions now have assets of some $10 trillion, amounting to almost 60% of GDP; and they control nearly 50% of all bank deposits.
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Saturday, October 24, 2015
Stock Market Primary V Nears New Highs / Stock-Markets / Stock Markets 2015
The market started the week at SPX 2033. After some choppy activity on Monday the market rose to SPX 2039 by Tuesday. Wednesday the market pulled back to SPX 2017. Then after two gap up openings the market hit SPX 2080 on Friday. For the week the SPX/DOW gained 2.3%, the NDX/NAZ gained 3.6%, and the DJ World index gained 1.2%. Economics reports for the week again came in mixed. On the uptick: housing starts, the NAHB, the FHFA and existing home sales. On the downtick: building permits, leading indicators, the WLEI, plus weekly jobless claims rose. Next week’s reports is highlighted by the FOMC meeting, Q3 GDP and the PCE.
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Saturday, October 24, 2015
Day Of Reckoning For U.S. Shale Oil Will Have To Wait / Commodities / Shale Oil and Gas
October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound.Read full article... Read full article...
Saturday, October 24, 2015
Gold And Silver – Elite’s NWO Secretly Operates In The Open / Commodities / Gold and Silver 2015
There are far bigger concerns about which Americans remain woefully unaware, even within the Precious Metals community. How much demand there is for silver coins, how low is the supply for silver in contradistinction to an insatiable demand, China supposedly to set the price for physical gold to reflect reality once the Shanghai gold exchange got up and running, which it has been, etc, etc, etc, are not the most relevant factors, right now.
Almost all of the so-called PM experts/bloggers who report detailed information, and many available articles on the web focused on gold and silver, have collectively been untimely as to expectations in the ‘meteoric’ rise in prices that are supposed to reflect the realities of actual supply and demand. China will not be the country [even including the BRICS nations collectively] to rescue gold from the fiat-driven Western global elites who do whatever possible to make gold economically irrelevant on the world economic stage.
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Saturday, October 24, 2015
GDXJ, GDX Gold Miners Holding Gains in Bullish Fashion / Commodities / Gold and Silver Stocks 2015
We published a video update a few days ago discussing the short-term outlook for the precious metals sector which includes the gold miners. With regards to the miners, we took the view that they could digest recent gains and hold support or break lower and trade close to the support near summer lows. After this week and today especially, one scenario is more likely.
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Saturday, October 24, 2015
Stock Market Big Follow Through day.... / Stock-Markets / Stock Markets 2015
The market had a big follow-through day today after yesterday's nice up-day. There are two factors that made this happen. First of all, we had great earnings after hours yesterday from Microsoft Corporation (MSFT), AT&T, Inc. (T), Amazon.com Inc. (AMZN) and Google Inc. (GOOG). The futures exploded on those reports. Then last night we had the Euro-Zone money-man, Mr. Draghi, promise more easy money or another round of QE for everyone. The party hats were taken out.
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Saturday, October 24, 2015
GBP/JPY Setting Up For Potential Failure / Currencies / British Pound
For the most part, financial markets have stabilized this year as volatility has slowed and overall risk aversion has been largely absent. These types of trends can have a significant impact on sentiment and the ways that specific asset types are traded, so it is critical for market traders to have a sense of where we stand in terms of generalized uncertainty. This is especially true for forex traders, as there tends to be higher levels of short-term positioning seen in those markets.
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Saturday, October 24, 2015
Currency Devaluation's Dangerous Role in Deflation / Currencies / Deflation
The following article on currency devaluation's role in deflation is from Elliott Wave International, the world's largest financial forecasting firm. EWI has just released a new report, Deflation and the Devaluation Derby, to help investors prepare now for the deflationary threat they see around the corner. Click here to read the new report >>
China's economy is slowing. Its stock market began to crash back in July. And the volatility rocking financial markets has been widely linked to the recent yuan devaluations by China's central bank.
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Saturday, October 24, 2015
Stock Market SPX Double Top / Stock-Markets / Stock Markets 2015
SPX made a higher high at 2:50 pm at 2079.74,, just two points higher than this morning’s high. The only discernible entry (aggressive) likely today would be a cross of the Cycle Top at 2068.92.
Unfortunately, this means that a very fast and severe decline may be likely once SPX crosses 2040.00, triggering its Orthodox Broadening Top for a potential target near 1600.00. Today appears to be point 7 in the formation and point 8 is the crash low. Should you chance it today or not, is up to you.
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Friday, October 23, 2015
Another Government Ponzi Scheme Starts to Crack - Do You Depend on It? / Politics / Government Spending
By Nick Giambruno
Government employees get to do a lot of things that would land an ordinary citizen in prison.
For example, it’s legal for them to threaten and commit offensive, rather than defensive, violence. They can take property from others without their consent. They spy on anyone’s email and bank accounts whenever they please. They go into trillions of dollars in debt and then stick the unborn with the bill. They counterfeit the currency. They lie with misleading statistics and use accounting wizardry no business could get away. And this just scratches the surface…
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Friday, October 23, 2015
Pictures for the Pope Francis and Progressives / Politics / Social Issues
In September, Pope Francis visited the United States, where he addressed the U.S. Congress. His address, while nuanced, hit on social justice themes. The Pope’s remarks were well received by left-of-center politicians who embrace progressive policies.
When the Pope left the U.S., he traveled to Latin America, where he spoke in his native Spanish and was more direct. While in Bolivia, Pope Francis had this to say: "Let us not be afraid to say it: we want change, real change, structural change," the Pope said, decrying a system that "has imposed the mentality of profit at any price, with no concern for social exclusion or the destruction of nature."
Friday, October 23, 2015
Retirees: I Did Not Buy IBM to Sell, It’s About The Dividend Income Stupid / Companies / Dividends
There are many investing strategies and principles that retired investors can utilize to reduce the risk associated with investing in equities (stocks) for their retirement portfolios. Choosing to invest in the highest quality stocks your mind can conceive sits at the top of the list. There are many components that investors can analyze and examine to determine whether a company is high quality or not.
The primary determinant of high quality is superior financial strength. Financially strong companies possess the staying power and resources to weather the occasional bad storms that will inevitably occur. Every business will on occasion face challenges and difficulties. Meeting those challenges requires a strong balance sheet and an adaptive and competent management team to guide the company across troubled waters.
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Friday, October 23, 2015
Stock Market SPX 78.6% Retracement / Stock-Markets / Stock Markets 2015
SPX appears to have made a 78.6% retracement of its decline from May 20 to August 24. Here are some points of interest. It will have re-entered its trading band at 2063.98 and closed this morning’s gap up beneath 2050.00. These would be considered aggressive short entries. The lower trendline of the small Diagonal formation is at 2030.00 at present.
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Friday, October 23, 2015
Silver’s Deep Undervaluation / Commodities / Gold and Silver 2015
Silver is finally showing some signs of life after suffering a dark year. The epically-bearish sentiment that bludgeoned this metal to major secular lows is cracking, with a strong rebound rally now underway. And this recent buying is likely just the earliest vanguard, as silver remains deeply undervalued relative to its primary driver gold. Silver will need an utterly massive upleg to fully mean revert to normal levels.
Silver has been out of favor for a long time, the last few years. And 2015 didn’t give beleaguered silver investors much hope. By late August, July’s extreme gold-futures shorting attack had dragged silver down to a major 6.0-year secular low. Down 9.9% year-to-date at that dark nadir, silver was left for dead by traders. The despair was real, as it certainly felt like silver was doomed to keep grinding lower forever.
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Friday, October 23, 2015
ECB Putting Federal Reserve in a Bad Spot / Interest-Rates / ECB Interest Rates
Friday, October 23, 2015
Coventry Building Society’s Poppy Fixed Rate Bond 2.35% for 3 Years / Personal_Finance / Savings Accounts
Coventry Building Society has re-launched its popular Poppy Bond, which pays a fixed yearly rate of 2.35% until 31.12.18 (2.33% gross, 2.36% AER monthly). The account has a minimum opening investment of just £1 but any additions will need to be made within 14 days of the account opening or before closure of the issue, whichever is later. A donation equating to 0.15% of the total invested balance will be paid to The Royal British Legion by the society.
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Friday, October 23, 2015
GBP/USD Tests Last Week's High / Currencies / British Pound
Earlier today, official data showed that British retail sales increased by 1.9% in the previous month, beating forecasts for a gain of 0.3%. Additionally, year-on-year, retail sales rose by 6.5% in September, above expectations for a 4.8% gain. On top of that, core retail sales (without automobile sales) jumped 1.7% last month also beating forecasts for a 0.3% increase. Thanks to these bullish numbers GBP/USD rebounded sharply and climbed to the last week's high. Will we see higher values of the exchange rate in the coming days?
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