Sunday, April 16, 2017
Walkers Crisps £5 to £28k Instant Pay Packet Win! / Personal_Finance / Freebies and Comps
Walkers Crisps have just started a new promotion where you can instantly win between a £5 and £28,000 pay packet. In total there are £2 million's up for grabs! The promotion runs until the 3rd of June. So find out what the promotion is all about as we dashed to the supermarket for our first batch of 10 multi-packs to see if we can win instant cash! And lets hope that ALL of the £2 million will be won unlike the Spell and Go fiasco of 2016 when only about 4% of advertised prizes were actually awarded.
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Saturday, April 15, 2017
Stock Market Does NOT Trust Tesco's Results Recovery Story / Stock-Markets / Stock Market 2017
The mainstream media has been busy painting a rosy picture of how Tesco, Britain's supermarket giant is bouncing back in its latest results, with sales up for the first time in 7 years and the SFO false accounting scandal behind it.
Tesco reports first sales growth in 7 years - FT 12th April
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Saturday, April 15, 2017
Syria: Where the Rubber Meets the Road / Politics / Syria
You don’t have to be a genius to figure out that the case against Syrian President Bashar al Assad is extremely weak. The chemical weapons attack in Khan Shaykhun, has produced no smoking gun, no damning evidence, in fact, no evidence at all. Similar to the Russia hacking fiasco, (not a shred of evidence so far) the western media and the entire political class has made the case for attacking a sovereign country on the thin gruel of a few videos of an incident that took place in a location that is currently under the control of militant groups connected to al Qaida. That’s pretty shaky grounds for a conviction, don’t you think?
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Saturday, April 15, 2017
Trump 2013 is Against Everything That Trump 2017 Does / Politics / US Politics
In 2013, Donald Trump could have almost been mistaken for a Dollar Vigilante subscriber. He was against almost anything Obama was doing, was against all the wars and occupations, was against Obamacare and constantly pointed out all the corruption, criminality and waste in government.
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Saturday, April 15, 2017
SPX Stock Market Correction Continues / Stock-Markets / Stock Market 2017
The market started the holiday shortened week at SPX 2356. After a rally to SPX 2366 early Monday the market started to pullback. After a decline to SPX 2337 Tuesday morning the market rallied to 2353 by Wednesday morning. Then the market declined into the end of the trading week, closing at the SPX 2329 low. For the week the SPX/DOW lost 1.05%, and the NDX/NAZ lost 1.15%. Economic reports for the week were mostly negative. On the downtick: the CPI/PPI, retail sales, the WLEI, the Q1 GDP estimate, consumer sentiment, plus weekly jobless claims and the budget deficit rose. On the uptick: export/import prices. Next week’s reports will be highlighted by the Beige book, the NY/Philly FED, and industrial production. Best to your week!
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Saturday, April 15, 2017
Stock Market Traders are Too Bearish / Stock-Markets / Stock Market 2017
Traders are too bearish. Stocks are going bottom early next week and the frantic put buying seen in this chart will likely prove futile.
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Friday, April 14, 2017
Yellen’s Setting Up the Markets For Their Third Fed-Fueled Financial Crash / Stock-Markets / Financial Crash
Janet Yellen is playing with matches next to a $20 Trillion Debt Bomb.
During her speech at the Gerald R. Ford School of Public Policy in Michigan, Yellen stated that the biggest risk to monetary policy is for the Fed to “get behind the curve” regarding inflation.
To that end, the Yellen Fed has already raised interest rates twice in the last six months. And it is pushing for yet another rate hike in June.
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Friday, April 14, 2017
China Starting To Resemble Bernie Madoff / Economics / China Economy
Aubible.com just released a new show on Bernie Madoff (Ponzi Supernova, available for free to subscribers) that explains how the world’s biggest financial scam was enabled by banks and hedge funds who were making so much money that they chose to ignore obvious red flags.
Which sounds a lot like today’s China, Inc. Here, for instance, is a sequence of events involving China Huishan Dairy Holdings, an apparently too-big-to-fail chain of dairy farms:
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Friday, April 14, 2017
Supply Crunch Or Oil Glut: Investment Banks Can't Agree / Commodities / Crude Oil
In recent years, U.S. shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC's production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street's major investment banks.
The biggest banks remain bullish on oil prices, expecting moderate price gains by the end of the year, even after last month WTI prices dropped below $50 for a couple of weeks.
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Friday, April 14, 2017
Gold Stocks Bull Upside Targets / Commodities / Gold and Silver Stocks 2017
The get-no-respect gold-stock sector is in a strong young bull market. Past gold-stock bulls have grown to utterly-massive proportions before giving up their ghosts, greatly multiplying the wealth of contrarian investors and speculators. Today’s gold-stock bull is very likely to grow vastly larger before fully running its course. Fundamental gold-stock-bull upside targets reveal the lion’s share of gains are still yet to come.
A little over a year ago in January 2016, a monstrous gold-stock bear finally climaxed. The gold miners’ stocks fell to fundamentally-absurd 13.5-year secular lows as measured by their leading index, the HUI NYSE Arca Gold BUGS Index. Out of those dark depths of despair, a new gold-stock bull was stealthily born. And it soon started flexing its muscle, rocketing 182.2% higher in just 6.5 months by early August!
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Friday, April 14, 2017
KBW Bank Index Extended Correction / Companies / Banking Stocks
KBW Bank Index is an economic index consisting of the stocks of 24 banking companies delivering a direct exposure to the banking sector and offering a targeted view to a unique corner of the U.S. financials sector. The top holdings Banks of the index are among the biggest financial institutes in the world and most of them will report earning during this week ( Citigroup, JPMorgan Chase, Wells Fargo, Bank of America). These companies have a big influence on the financial sector that can be measured by the ETF (XLF), which was up 30% from last year until last month, we mentioned in our previous financial article that XLF was reaching an inflection area which provided the expected pullback.
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Friday, April 14, 2017
Trump’s Budget Plan and Gold / Commodities / Gold and Silver 2017
After a long wait, President has finally presented his budget blueprint “to make America great again”. Let’s analyze its possible impact on the gold market. First, we need to praise a 1.2 percent cut in discretionary spending, on balance. In particular, Trump wants to cut the budget of the Environmental Protection Agency by 31 percent, the budget of the Department of State and USAID by 29 percent, and both the budget of the Department of Labor and the Department of Agriculture by 21 percent. The table below summarizes the proposed changes in the allocation of discretionary budget funds.
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Friday, April 14, 2017
MOAB - US Military Madness / Politics / US Military
WW I French Prime Minister Georges Clemenceau was right, saying: “War is too important to be left to the generals.”
Trump delegated warmaking to neocon hawkish generals, favoring belligerence over diplomacy - heading toward escalated war on Syria along with possibly striking North Korea preemptively.
Trump’s geopolitical agenda risks confrontation with multiple countries. It risks nuclear war in Europe and East Asia.
Russia warned it’ll down US warplanes and missiles if its personnel in Syria are endangered. US policymakers and Pentagon officials know it.
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Friday, April 14, 2017
Westinghouse A Bankruptcy of Nuclear Proportions / Companies / Nuclear Power
In any given year, a handful of companies file for Chapter 11 bankruptcy in the United States. Rarely, however, does one of these filings reverberate beyond the boardroom and into the realm of geopolitics. Those that do — Lehman Brothers in 2008, or the "Big Three" U.S. automakers in 2008-10 — usually involve hundreds of billions of dollars. But the next big geopolitically relevant bankruptcy may be on the horizon, and the amount of money involved is tiny next to the collapses of the past decade.
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Friday, April 14, 2017
The Thieving IRA Going Beyond Extortion to Outright Theft / Politics / Taxes
People need to realize what government is. It isn’t there to protect you. All government really is is a criminal enterprise that is the most successful one in each geographical jurisdiction.
The only difference between the mafia and government is size. And the IRS is just the largest protection racket in the US.
If you pay the IRS its “protection money,” which they call taxes, they won’t kidnap you and put you into a rape camp. That’s the “protection.”
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Friday, April 14, 2017
Energy Market Volatility: What to Expect Next / Commodities / Energy Resources
Our Chief Energy Analyst talks about what he’s looking at across the energy markets
In this new interview with Steve Craig, the Editor of our Energy Pro Service, he explains that when looking across the energy complex, 2017 is playing out according to his Elliott wave script.
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Thursday, April 13, 2017
Will All Of This ‘Optimism’ Crash The Stock Markets? / Stock-Markets / Financial Crash
Currently, the short-term trend for the SPX is NEUTRAL. The intermediate and long term trends are still very BULLISH! There is No trend, in the market, at this time. It is neither overbought or oversold.
The SPX is in a ‘Non-Trending’ market. I expect this next retracement will be completed by the end of April 2017. I plan on taking advantage of this summer’s rally.
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Thursday, April 13, 2017
Passive Investing Will End In Pain For Many Stock Market Investors / Stock-Markets / Stock Market 2017
Every bear market correction since 1947 that didn’t come during a recession was relatively quickly reversed. Think about what happened in 1987 and 1998. There were pretty serious corrections and then a bull market.
The bull market that found its footing in 1987 lasted for another 13 years. In 1998, we were only a few years away from a major correction accompanied by a recession.
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Thursday, April 13, 2017
12 Charts That Show Why A 60% Stock Market Crash Is Very Real / Stock-Markets / Stock Market Crash
BY JOHN MAULDIN : A few weeks ago, I spent two days giving multiple speeches alongside my friend Steve Blumenthal of CMG in New Jersey. I listened to Steve do deep dives on stock market valuations.
Steve puts a great deal of research into the topic, so I asked if he could share some data from time to time, and he agreed. With his help, I compiled valuation measurements used by people who know what they’re talking about.
Not surprisingly, they all point to the fact that equities are pricey. But what is surprising is the degree of overvaluation—we are talking about the risk of a 60% decline.
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Thursday, April 13, 2017
Best Strategies To Survive A Financial Crisis In Your Home Country / Commodities / Gold and Silver 2017
Stephen McBride : Praised be the 17th-century Italian wisecrack who noted that you shouldn’t “keep all your eggs in one basket.” It’s still true today and just as applicable to life as to investing.
If you live and work in the US, bank in the US, invest with a US brokerage, and hold your savings in US dollars—your eggs could use some diversification.
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