Wednesday, January 04, 2017
Here’s the Real Oil Price Russia Needs to Break Even / Commodities / Crude Oil
BY JACOB SHAPIRO : We published our 2017 forecast earlier this week. One of our predictions is that Russia is in for a difficult year economically. This is because Russia’s economy depends significantly on oil.
The price of oil in 2016 has averaged roughly $43 a barrel. That’s a far cry from two years ago, when it was more than double. According to Russia’s Federal Customs Service, oil-export revenue accounts for 26 percent of total revenue from Russian exports. For an economy with exports making up almost 30 percent of GDP, that’s fairly significant.
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Wednesday, January 04, 2017
Stock Market, Gold Outlook for 2017 / Stock-Markets / Financial Markets 2017
Precious metals expert Michael Ballanger reflects on how events of 2016 affected the markets, and lays out his strategy for 2017, which includes diamonds and uranium.
One of the most bothersome peccadillos of the advisory community, be it emanations from home computer blogs or the Ivory Towers of Wall Street, is the annoying tendency to accentuate good calls and understate bad ones.
Wednesday, January 04, 2017
CIA Planning Rogue President Donald Trump Assassination? Elites "Manchurian Candidate" Plan B / Politics / Intelligence Agencies
The establishment elite still reeling from the failure of any of their bought and paid for candidates that populate both the Democratic and Republican parties to make it into the White house for the first time since perhaps JFK, are increasingly looking to the likes of the CIA to begin implementing the elite's PLAN B as President Elect Donald Trump takes office and starts to diverge from the elites interests. For instance it is is not in the elite's military industrial complexes' interests for the US to be friendly towards Russia, despite the fact that Russia literally poses a near zero economic or military threat to US global power. However, the operating system of US Military and Economic Global Power is such that it does not matter if a nations is a friend or foe, all are fair game, where the king of cyber warefare is the United States that can literally shut any nation down within hours, given that the so called free internet is a US military delivery system for malware infection for total access and control. So to imagine that the US full spectrum global empire assembled over the past 100 years will allow a Rouge President to disrupt it's activities is delusional.
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Wednesday, January 04, 2017
The Gold Owner's Guide to 2017 / Commodities / Gold and Silver 2017
Reversal, resurgence and renewal on the road to the new year
Read full article... Read full article...Quietly, while all attention was riveted on the U.S. election, gold made a notable comeback in 2016. The gain was not spectacular at 8.7%, but it was respectable, and it came after three straight down years. (Silver had an even better year with a 15.2% gain.) In addition and perhaps even more importantly, global investment demand registered its fourth largest increase since the 2011 post-crisis peak. That resurgence suggests that down years for gold did not temper the global inclination to own it. To be sure, these numbers in tandem represent an important turnaround for gold and a break from the near-term past. It is also perhaps the first hint that we may have turned the page from the corrective phase of the cycle to resumption of the long-term secular bull market for both gold and silver.
Tuesday, January 03, 2017
Commodities: New Year's Promises Vs. Elliott Wave Patterns / Commodities / Commodities Trading
2011, 2014, and 2016: The year's performance has consistently followed its Elliott wave script
It's that time of year again, when before us an entirely new blank slate is laid, which we eagerly fill with promises of better health, habits, and life choices.
But, according to Statisticsbrain.com, only 8% of people successfully carry through with their New Year's resolutions -- or as I like to call them, Maybe-lutions.
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Tuesday, January 03, 2017
Sheffield Tree Fellings - Labour City Council Outsourcing Local Democracy to Amey / Local / Sheffield
It may be the start of the new year but t is unlikely to bring a halt to the tree felling rampage currently underway in Sheffield, where apparently by the end of 2017, 6000 big street trees will have been felled out of a population of a about 30,000, big street trees which have been deemed by the councils PFI contractor Amey too costly to maintain and so have to go so as to maximise profit.
In response to the rampage thousands of Sheffielders have been protesting many coalescing across a number of disperate facebook groups in an attempt to both publicise and halt the tree felling's before they claim thousands more of the Sheffield's biggest and best trees. Unfortunately there is little sign that the campaigns and voices of reason have had any effect on the city council which remains determined to allow Amey to fulfill its objectives regardless of the damage being done to Sheffield's streets. The reasons for which are shrouded in secrecy as to why Sheffield city councilors appear deaf, dumb and blind, which implies that the councillors have out sourced the running of Sheffield to a foreign multi-national, the Spanish Ferrovial family owned Amey.
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Tuesday, January 03, 2017
SPX has made a daily reversal / Stock-Markets / Stock Index Trading
SPX has performed a daily reversal by retracing the decline to its cycle Top resistance at 2260.79. It may do a smaller degree retracement to 2253.00 before going lower. The next stop may be the 50-day Moving Average at 2194.98. It may decline past that level in order to do a retest from below.
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Tuesday, January 03, 2017
Changes We Saw in 2016… and Those We Did Not / Stock-Markets / Financial Markets 2016
I try to stay away from financial news on the television. All that yelling and hype makes me tired, and I realize later that it was mostly meaningless. I know they must make everything sound like it will change the world to keep viewers tuned in, but I have better ways to spend my time.Instead, I read a lot, from varying sources, so that I can bring the best information and analysis to you. In addition to Economy & Markets, I also write a weekly publication called the Dent Digest, which is distributed to our subscribers. In it I try to bring together the relevant stories of the week, including both the well-known and the not-so-obvious.
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Tuesday, January 03, 2017
Market Forecasts 2017 After a Volatile 2016 / Stock-Markets / Financial Markets 2017
Where to now… after what 2016 dished out?
First, there was the surprise upset of the presidential election of dear old Donald.
Then came the surprise shift in sentiment about the election. Before, he was a wrecking ball. After, he’s suddenly Jesus walking on water. Never mind that he’s already pissed off China… twice! Or that many are worried about his overly cozy relationship with “Darth” Putin, as with his new Secretary of State, Rex Tillerson, who is also cozy with Putin.
Tuesday, January 03, 2017
Beware the $52 TRILLION $USD Debt Bomb / Stock-Markets / Financial Markets 2017
What is Janet Yellen thinking?
The Yellen Fed raised interest rates again in December 2016.
More than this, Yellen has promised the Fed will be raising rates THREE times in 2017.
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Tuesday, January 03, 2017
Stock Market Retracement Appears Complete / Stock-Markets / Stock Market 2017
The decline/retracement pattern is clearer now. Wave 1 bottomed at 2241.77. The additional decline was an extended Wave [b]. The five Waves necessary to complete [c] appear to be finished, although the Model suggests the SPX may linger in a small bounce for another hour. A decline beneath the mid-Cycle support at 2254.65 may be another short entry/sell signal.
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Tuesday, January 03, 2017
US Dollar – The Big Picture / Currencies / US Dollar
The U.S. dollar index (DXY) continues to strengthen following very positive long-term bullish price behavior. Although retracements will be seen in the short-term, upward pressure should remain for some time.
Classic bullish trend continuation price behavior:
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Tuesday, January 03, 2017
What IF Gold has a Drop Dead Line? / Commodities / Gold and Silver 2017
In part 2 of this Weekend Report we’ll take an indepth look at gold and especially the long term view. Again, this is just for entertainment purposes only until gold can close below a very important trendline. I’ve been following this potential scenario since shortly after the US elections. Up until the elections this pattern I’m about to show you didn’t show its self, but now it’s one of the most important chart patterns for gold that I’ve posted in several years. As we discussed in part 1 , please read forward with an open mind regardless of what other information you re processing and what your current expectations are. This is an exercise in my preferred method of Technical Analysis , Chartology.
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Tuesday, January 03, 2017
Trump's Self-Inflicted Policy Failures / Politics / US Politics
Even the most avid and enthusiastic Trump supporter needs to be critical of their most hopeful America First president. For a dose of reality and objective conviction, who better to rely on than Pat Buchanan? His article, Israel First or America First concludes with the fateful warning for President –Elect Trump. “Having America publicly reassert herself as Israel’s best friend, with "no daylight" between us, could have us ending up as Israel’s only friend – and Israel as our only friend in the Middle East. Bibi’s Israel First policy must one day collide with America First.”
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Tuesday, January 03, 2017
Stock Market Correction Underway / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: If the market strength persists, the long-term trend may need to be re-evaluated.
SPX Intermediate trend: SPX intermediate P&F count to 2270 has now been met, but there are higher counts that could still be filled before a serious reversal take place.
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.
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Tuesday, January 03, 2017
Stock Market, Gold and Silver Stocks Forecast 2017-2022 / Stock-Markets / Financial Markets 2017
Two weeks ago, I was looking at a possible 2330 SPX by year’s end. By December 23rd, I told my subs to expect a rally into December 27, and then a bottom near December 29th, somewhere between SPX 2238-52. The SPX closed at 2238 on the December 30th, after tagging 2233/34.
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Tuesday, January 03, 2017
The No.1 Silver Stock for 2017 / Commodities / Gold and Silver Stocks 2017
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Tuesday, January 03, 2017
10 Predictions for 2017: Gold, Stocks, Trump, Putin and War / Stock-Markets / Financial Markets 2017
The quote is a paradox within itself, but sums up the outlook of anyone that has gleaned a grain of wisdom in their life. Yet, here I am offering predictions for the future, a thing one could know with even less certainty than present conditions. We study trends, monitor political events, consider “cui bono” in all events and give it the old college try.
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Tuesday, January 03, 2017
Silver Prices and the Russian Connection / Commodities / Gold and Silver 2017
Silver prices nearly reached $50.00 in April of 2011. They crashed to a low under $14 in December of 2015 and currently (December 2016) sit at about $16.
Silver prices, in our increasingly unreal debt based fiat currency world, streak higher and subsequently crash to unbelievable lows.
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Monday, January 02, 2017
Trump Delirium Triggers Stock Market Brexit Upwards Crash Towards Dow 20k! / News_Letter / Stock Markets 2016
The Market Oracle Newsletter20th November, 2016 Issue # 30 Vol. 10
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