Tuesday, May 09, 2017

America Needs a Debt Cut Before a Tax Cut / Interest-Rates / US Debt

By: Michael_Pento

President Donald Trump has finally unveiled his broad blueprint for tax reform. Well, at least let’s call it a sketchy outline of one. It would take the top income tax rate for small businesses from 35% to 15%. Theoretically, a business that makes $500k in taxable income, which had been paying roughly $175k in Federal taxes, would then pay closer to $75k. This means our business in this example, which saved 100k in Federal taxes, would have to grow its taxable income to $1,166.666, or by 133% to provide the government with revenue neutrality.

Tuesday, May 09, 2017

Commodities Trading and Investing: Inside Look at 18+ Top Markets / Commodities / Commodities Trading

By: EWI

Dear reader,

Our partners at Elliott Wave International, the world’s leader in Elliott wave analysis since 1978, have some exciting news!

Tuesday, May 09, 2017

Bull Run for Gold Sheer Fantasy or is it Forming the Base for the Next Up Leg? / Commodities / Gold and Silver 2017

By: Sol_Paha

A complex system that works is invariably found to have evolved from a simple system that works. John Gall

The Gold bugs and Gold experts must be going through hell; almost seven years later and the Gold Markets refuse to follow the path these individuals have laid out for it. Proclamation after proclamation has failed, and the detested dollar much to their angst and surprise has continued to trend higher. Inflation has not taken off as they expected; well at least based on the distorted figures the government issues. The masses believe this data is real and that is all that matters in the end. Truth or a lie is based on a perception and perceptions are driven by emotions, which means that everything is up for debate. What holds true today might not hold true tomorrow or what is deemed valid today might be deemed as rubbish tomorrow.

Tuesday, May 09, 2017

Gold Will Soar to $8000 as We Return to the 1970's Style Inflation / Commodities / Gold and Silver 2017

By: Submissions

By Peter Ginelli : In 1977 I started my first year in college. Our newly elected president Jimmy Carter, had been sworn into office just a short time earlier and things were pretty normal. America was still trying to put President Nixon and Ford's Watergate era behind and start fresh with a newly elected president who had no connection with that national scandal. Much like today with the election of president Donald Trump, the American people were filled with hope that Jimmy Carter will bring in the much needed change after a long period of uncertainty and national crisis.

Tuesday, May 09, 2017

USD’s Likely Bottom Implications for Gold and Silver / Commodities / Gold and Silver 2017

By: P_Radomski_CFA

The medium-term trends in gold are reflected by the medium-term trends in the USD Index and that’s been the case for many years. Naturally, there are deviations from this rule, but generally, it has to be the case simply because gold is priced in the US dollar. Consequently, it is very important for precious metals investors and traders to monitor the USD Index as signs of bottoms likely indicate lower prices for PMs in the following weeks.

Tuesday, May 09, 2017

Stock Market Option's Timing Indicator / Stock-Markets / Stock Market 2017

By: Marty_Chenard

The Option's Timing Indicator showed trend lines that were neutral while in positive territory after more convergence. The thick red line showed a down tick that was below the red trend line and below the blue trend line. [The thick red line above the red and blue trend lines usually means that a bottoming process is trying to start and below them has the potential of being serious trouble.]

Tuesday, May 09, 2017

Stock Market May 8-11… High or Low? / Stock-Markets / Stock Market 2017

By: Ed_Carlson

In the 4/17/17 Market Update I wrote of a low-low-high interval pointing to a high on 5/11/17.

The lows of July 8, 1932 and December 9, 1974 were arguably the two most important lows of the 20th century. They lie 15,494 days apart. Adding an additional 15,494 days to the 1974 low points to a high on May 11, 2017.

In the 4/24/17 Market Update I wrote of a Hybrid Lindsay forecast pointing to a high in the period May 8-11.

Monday, May 08, 2017

Afghanistan Is America's New Vietnam Unwinnable War / Politics / Afghanistan

By: John_Mauldin

BY GEORGE FRIEDMAN AND KAMRAN BOKHARI : There is a paradox when it comes to views about Afghanistan. No one would disagree that after 15 years, the Afghan state built by the West remains ineffective. Yet, no one is willing to accept that if present trends continue, the clear outcome will be regime collapse.

The Afghan government is unable to thwart a growing jihadist insurgency dominated by the Taliban. Nor is it able to prevent the Islamic State (IS) from expanding its footprint in the country. Worse is that increased factional infighting is gutting the Afghan political system from the inside.

Monday, May 08, 2017

Poverty Is Going Extinct But The Middle Class Is Still In Trouble / Politics / Social Issues

By: John_Mauldin

On a global basis, the number of people trapped in extreme poverty has dropped this century. That trend does not mean everyone everywhere is living comfortably. Many millions still endure terrible conditions. But their numbers are shrinking.

The reason for the improvement, I believe, is two-fold. Technology and free trade. These have brought economic growth to formerly stagnant economies.

Monday, May 08, 2017

How is the Adventurous Path of Bitcoin to $2,000? / Currencies / Bitcoin

By: Submissions

Jack Huyn: Recently, the parabolic rise of Bitcoin has made it become a very very hot currency that attracts many investors and speculators. In my opinion, movements of this cryptocurrency these days are just a sign that Bitcoin is a bubble waiting to burst.

Fundamentally, the current uptrend of Bitcoin prices are due to the following factors:

Monday, May 08, 2017

Stocks Are Back At Record High, But Will They Continue Higher? / Stock-Markets / Stock Market 2017

By: Paul_Rejczak

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains 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

Monday, May 08, 2017

Gold and Silver Proprietary Cycle Indicator is Down / Commodities / Gold and Silver 2017

By: The_Gold_Report

Technical analyst Jack Chan charts the latest moves in the precious metals markets.

Our proprietary cycle indicator is down.

Monday, May 08, 2017

Why Gold Is Set For An Epic Rally This Spring / Commodities / Gold and Silver Stocks 2017

By: OilPrice_Com

Monday, May 08, 2017

Tesco Crisis - Dangerous Finger Cutting Trolleys Customer Warning Alert! / ConsumerWatch / Tesco

By: Nadeem_Walayat

Tesco customers are not only having to watch out for sharp practices whilst shopping such as fake shelf prices that don't convert at the checkouts as the February 2017 BBC Investigation revealed, but also have to watch out for sharp pieces of metal sticking out from trolleys that can result in cut fingers as this unlucky customer experienced (Sheffield).

Monday, May 08, 2017

Trump’s Conversion into a Warmongering Neo-con - The Horror! The Horror! (Part Three) / Politics / US Politics

By: James_Quinn

In Part One and Part Two of this article I detailed the decades of propaganda, false flags, and misinformation campaigns used by the Deep State to gain power and control over the U.S. government. When war or a financial crisis is necessary to keep the profits flowing, events will be steered to such an outcome. With the latest financial plundering operation running out of steam, the Deep State is pushing the world toward global conflict.

If at first you don’t succeed with a false flag gas attack, try try again. Knowing a vast swath of the American populace is incapable of critical thinking or able to discern between fake news and factual events, the Deep State and their media lackeys unquestioningly promoted the story of children being killed by a sarin gas attack by Assad. The photos of rescue workers helping victims without gloves immediately invalidated the narrative, as the rescue workers would be dead if they handled sarin gas victims without protective gear.

Monday, May 08, 2017

Stock Market B Wave Still Favored / Stock-Markets / Stock Market 2017

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend:  Uptrend continues.

SPX Intermediate trend:  The correction from 2400 on 3/08 continues, possibly as the top of the B-wave.

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 discuss longer market trends.

Monday, May 08, 2017

... / Commodities / Gold and Silver Stocks 2017

By: OilPrice_Com

Monday, May 08, 2017

BrExit Threat - London Bridge is (Broken) Down / Politics / BrExit

By: Raul_I_Meijer

The French election, won just now by Emmanuel Macron, put several segments of the French population opposite one another in a pretty fierce contest. And that contest will continue. Because Macron won’t be able to lift the French economy out of its doldrums any more than Le Pen could have, or than Trump can life the US, and the new president will have the honor of presiding over a further and deepening downturn. The French political dividing line was aptly described by Simon Kuper recently:

Sunday, May 07, 2017

Emmanuel Macron and Banking Elite Win French Presidential Election 2017 / ElectionOracle / France

By: Nadeem_Walayat

It's 7pm BST, and the voting is all over, with the count under way the early projection is for a strong Macron win on 65.5% against Le Pen on 34.5%. So Madam Fascist BrExit failed to do a Trump or BrExit in France. Instead now a Rothschild Banker will take hold of power for business as usual for the French elite to rule over the French people. Though for most voters it was always a choice between two evils between fascism and the banking elite.

Sunday, May 07, 2017

France Votes: Nationalism v. Globalism on the Ballot / ElectionOracle / France

By: Stephen_Lendman

On May 7, France votes under draconian/militarized state of emergency conditions, imposed after the November 2015 Charlie Hebdo/kosher market false flag attacks.

According to French interior ministry spokesman Pierre-Henry Brandet, “more than 50,000 policemen, gendarmes will be deployed” nationwide for Sunday’s vote.