Sunday, November 20, 2016
Trump Inauguration Day Protests Planned / Politics / US Politics
Protesting Trump’s inauguration misses the point. I’ve explained many times. America’s criminal class is bipartisan, democracy pure fantasy.
Deep state duopoly power runs things - one-party state governance with two right wings, independents entirely shut out. Media scoundrels are press agents for wealth, power and privilege exclusively.
Election-rigging made Trump president. Power brokers decided Hillary was too scandal-ridden to serve effectively. Her deplorable public record defeated her.
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Sunday, November 20, 2016
Stock Market Warning Signs, Gold Bounce Due / Stock-Markets / Stock Markets 2016
All year, I have been looking for an important bottom in the stock market around the end of November. The 40 week cycle low is due to give us at least an 11% shellacking and we have not seen one yet. I believe November 29th to December 5th may be the dates that will give us that drop.
Short term we are also due for a pullback, probably into November 21-22 of about 1 ½ to 2% off the top on Friday. Friday posted an evening star reversal sign.
Gold made an irregular bottom on Friday, with huge positive divergences. GDX did not make a new bottom, also, creating an inter market bullish divergence. We may see a huge spike up Monday and Tuesday, in the precious metals and GDX, as the stock market falls.
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Sunday, November 20, 2016
The Real Barrier To Trump's Economic Policies! / Economics / US Economy
Gordon T Long, Co-Founder of MATASII.com sat down with Mish Shedlock to get his views on what the new Trump Administration and its "Trumponomics" policies will mean to the markets and investment strategies in 2017.
Here are a few of Mish's current views on some of the Key Economic Platforms of "Trumponomics":
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Sunday, November 20, 2016
Grey Champion Assumes Command of America's Fourth Turning Crisis - Part 1 / Politics / US Politics
Read full article... Read full article...At each of these great gates of history, eighty to a hundred years apart, a similar generational drama unfolded. Four archetypes, aligned in the same order - elder Prophet, midlife Nomad, young adult Hero, child Artist - together produced the most enduring legends in our history. Each time the Grey Champion appeared marked the arrival of a moment of "darkness, and adversity, and peril," the climax of the Fourth Turning of the saeculum. - The Fourth Turning - Strauss & Howe
Sunday, November 20, 2016
Gold's 2016 Bull Market Moving Off Course / Commodities / Gold and Silver 2016
While we expected additional weakness in Gold and gold stocks (weeks ago) we did not quite expect the kind of selling the sector experienced in the wake of Donald Trump's election victory. The market reacted by sending bond yields dramatically higher which resulted in stronger real interest rates, which is fundamentally negative for precious metals. This has created significant technical damage in the sector and has potentially thrown the 2016 bull off course.
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Sunday, November 20, 2016
Santa Trump US Stock Market Uptrend Continues / Stock-Markets / Stock Markets 2016
The market started the week at SPX 2164. After a bounce to SPX 2171 on Monday the market pulled back to 2156. On Tuesday the SPX hit 2181, but this was followed by a pullback to 2171 on Wednesday. On Thursday/Friday the SPX made a new uptrend high at 2190, then dipped to end the week at 2182. For the week the SPX/DOW gained 0.45%, and the NDX/NAZ gained 1.40%. Economic reports for the week were mostly positive. On the downtick: import prices, capacity utilization and the WLEI. On the uptick: retail sales, export prices, NY/Philly FED, business inventories, the CPI, housing starts, building permits, the Q4 GDP estimate, plus weekly jobless claims improved. Next week will be highlighted by the FOMC minutes, more housing reports and the Thanksgiving holiday.
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Sunday, November 20, 2016
Fear and the ‘Good American’ / Politics / US Politics
There is no one I know or meet whose life hasn’t been noticeably affected – even interrupted and disrupted – by Donald J. Trump. Many have been thrust into fear by his election.
As a warning signal, fear can prompt vigilance, alertness, caution and preparedness, as it is now doing in many. In this respect, fear is a healthy response to a perceived or potential threat. But, if allowed it can be a self-defeating mechanism that scrambles rational thinking, weakens defenses and disorients reality.
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Sunday, November 20, 2016
Donald Trump, Hollywood Films and End of Liberalism, Globalization and Americans’ Alienation - Global Impacts / Politics / US Politics
Men live, work, fight and flourish always under fear and threats. Fear is one of the central themes of so many fictions and other literacy and artistic works, including performing arts and computer games. Hundreds of films, including box office Hollywood Films, and Computer Games have been made on projecting the fear of aliens or beasts, the attack or invasion of aliens from unknown planets or regions with their peculiar faith, dress, culture, practices and languages and finally the emergence of a savior or liberator, sometimes a super human hero, who saves the Humanity and its culture from the inhuman and alien savages.
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Saturday, November 19, 2016
Trump Delirium Triggers Stock Market Brexit Upwards Crash Towards Dow 20,000! / Stock-Markets / Stock Markets 2016
There were two consensus views heading into the US Presidential Election count night. Firstly that Hillary Clinton would win the election, after all Nate Silver had her penned at a 71% probability whilst the New York Times was touting 85% and so were the betting markets discounting a Hillary win with Trump trading on Betfair at 6.6 whilst Hillary stood at just 1.17 an hour before the polls closed. Then there were Hillary's wall street backers who had all but discounted their candidate winning.
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Saturday, November 19, 2016
Trump Prepares to Takeover Fed / Interest-Rates / US Federal Reserve Bank
In Donald Trump’s first four years as president, he will not only choose three judges for the Supreme Court, he’ll also pick five of the seven members on the Fed Board of Governors. It would be impossible to overstate the effect this is going to have on the nation’s economic future. With both houses of Congress firmly in the GOP’s grip, we could see the most powerful central bank in the world transformed into a purely political institution that follows the diktats of one man.
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Saturday, November 19, 2016
Speculators Are Finally Bailing Out Of Gold – And That’s A Good Thing / Commodities / Gold and Silver 2016
All this talk of massive new infrastructure spending financed with a tsunami of freshly-minted currency should be lighting a fire under gold. That it hasn’t is a testament to how out-of-whack the precious metals market had gotten during the first six months of this year.
As gold rose, the futures contract traders whose games tend to dictate near-term price action had set the metal up for a fall. Specifically, the speculators (who are always wrong at the extremes) were ridiculously long. With the suckers all-in, a big correction was needed to restore balance.
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Saturday, November 19, 2016
So Much For America Electing A Wall Street Outsider / Stock-Markets / Financial Markets 2016
During his run for the presidency, Donald Trump took the occasional break from insulting women and minorities to toss off some decent – even exciting – policy ideas. Term limits for congressmen and a ban on politicians becoming lobbyists, for instance, were straight from the Libertarian good-government Christmas list.
But best of all was the effective break-up of the big banks through the re-imposition of Glass-Steagall, a law passed during the Great Depression to separate taxpayer-protected commercial banks from free-to-fail investment banks.
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Saturday, November 19, 2016
Basing Just Under The Breakout... Stock Market Bubble Continues... / Stock-Markets / Stock Markets 2016
he market is getting closer and close to that 2194 breakout the bulls have been waiting for since the double top in August. The market has been meandering around offering hope to the bears from time to time, but that hope gets squashed quickly. Every time we get a move lower that looks to head lower still the bulls find a way, no matter the news, to fire the market back up.
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Friday, November 18, 2016
Gold Mining Stocks Screaming Buy! Q3’16 Fundamentals / Commodities / Gold and Silver Stocks 2016
The gold miners just finished reporting their third-quarter results, which proved very impressive. While this small contrarian sector is now languishing in the doghouse following a brutal post-election selloff, the gold miners’ fundamentals are strengthening. Lower costs and higher gold prices led to surging operating cash flows and profits. The major gold miners are great fundamental bargains for contrarians today.
Gold-stock bulls are among the largest ever seen in all the markets. The flagship HUI gold-stock index skyrocketed 1664% higher over 10.8 years ending in September 2011, trouncing general-stock-market losses of 14% per the S&P 500. Even this year between mid-January and early August, the HUI soared 182% in just 6.5 months! Radical wealth-multiplying upside like that is well worth any psychological price.
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Friday, November 18, 2016
Stock Market SPX Trendline Reversal? / Stock-Markets / Stock Markets 2016
It appears that the SPX reversed at the Diagonal trendline in the first hour of the day. The initial impulse may go as low as 2171.00 to 2175.00 before a bounce. If it follows Cycles timing guidelines, we may see the top of the bounce between 2:00 and 3:00 pm.
Using that bounce to go short would be a highly aggressive play, so you may consider only a partial position.
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Friday, November 18, 2016
Investment Survivor / Stock-Markets / Investing 2017
Dear Parader,
My favorite reality TV show, Survivor, was created by the energetic and entirely self-made Mark Burnett.
A British expat with zero experience in show business, Burnett managed to go from selling T-shirts on a rented fence in Venice Beach, California, to heading up MGM Television.
I’m not alone in enjoying Survivor, as it ranks as the #1 summer TV show of all time.
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Friday, November 18, 2016
Trump’s Agenda Stacks the Odds in Gold’s Favor / Commodities / Gold and Silver 2016
"It's the economy, stupid."
This was the catch-phrase Bill Clinton’s campaign used in 1992 to help defeat George H.W. Bush. In this year’s presidential race, the slogan “Make America Great Again” branded the Trump campaign as a referendum against the economic policies of the current administration.
No matter the race—be it in local or national politics—the economy plays a crucial role in determining whether the incumbent party will retain office or relinquish it to another group.
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Friday, November 18, 2016
Crude Oil Bears State Prices Headed Lower - Bulls-Eye or Rubbish? / Commodities / Crude Oil
"Anxiety is a thin stream of fear trickling through the mind. If encouraged, it cuts a channel into which all other thoughts are drained." ~ Arthur Somers Roche
2015 was a terrible year for oil and it looked like 2106 would even worse; oil dipped below $30.00 and all cockroaches (oops we mean analysts) started to state $10.00 oil was next. When we heard this nonsense, we penned an article titled will the crude oil price crash become even worse in 2016?
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Friday, November 18, 2016
UK Might Be on the Verge of Another Political Crisis / Politics / UK Politics
BY GEORGE FRIEDMAN : It’s the season for amazing electoral events.
On November 3, the High Court of England and Wales ruled the Brexit vote does not let the prime minister officially notify the EU of the UK's intent to withdraw. Rather, Parliament must authorize the prime minister’s actions.
This raises the possibility that Parliament might refuse to authorize notification. More likely, Parliament could choose to oversee the terms the UK offers and agrees to.
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Friday, November 18, 2016
Gold Sell Off On Fed Noise – “Interesting Times” To “Support Gold” / Commodities / Gold and Silver 2016
Gold prices in dollar terms came under renewed pressure today testing strong support at the $1,200/oz level. Gold dropped another 1% to near a 6 month low and is set for a second week of falls after the dollar soared again after Federal Reserve Chairwoman Janet Yellen suggested a U.S. interest-rate hike could come “relatively soon.”
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