Tuesday, September 06, 2016
A Look at September: Gold and Stock Market / Stock-Markets / Stock Markets 2016
The month ahead looks choppy for both markets. Gold (especially the miners) has just come off of hard drop, so we may expect an upward/sideward bias until we get past Mercury Rx (retrograde) around September 22, where we could see a more explosive up move into early October with a GDX target above 33. Next week looks fairly bullish to me, but with some attempt at selling the rallies (look for the 28.43 area Wednesday and also around 29 Friday to be sell zones). Tuesday may go down and if it does, would represent a nice buying opportunity in the miners and PM's, IMO. Taking profits early when in Mercury Rx is usually a wise idea.
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Tuesday, September 06, 2016
Trump – The Anti-Cinderella Man / ElectionOracle / US Presidential Election 2016
In Part One of this article I made a fact based case that most Americans are experiencing an economic depression on par with the Great Depression of the 1930’s. In Part Two I will compare and contrast two very different men who raised the spirits of the common man during difficult economic times. As we approach the perilous portion of this Fourth Turning, it will take more than hope to get us through to the other side.
Cinderella Man
Likening Braddock to Trump might seem far-fetched, until you think about parallels between the economic conditions during the 1930’s and today, along with the deepening mood of crisis, despair and anger at the establishment. Braddock’s career coincided with the last Fourth Turning. James J. Braddock was born in 1905, to Irish immigrant parents Joseph Braddock and Elizabeth O’Toole Braddock in a tiny apartment on West 48th Street in New York City. His life personified that of a GI Generation hero. One of seven children, Jimmy enjoyed playing marbles, baseball and hanging around the old swimming hole on the edge of the Hudson River as a youngster. He discovered his passion for boxing as a teenager.
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Monday, September 05, 2016
UK Economy Post BrExit Boom, Bank of England, Treasury Economists, Journalists ALL WRONG! / Economics / UK Economy
Two months on from the BrExit economic collapse apocalypse prophecies a stream of economic data on the UK economy continues to paint a picture that is a the exact extreme opposite to that which the establishment and their vested interests painted both before and immediately after the EU referendum vote, one of recession or even economic collapse that many still blindly cling onto to this very day despite reality stating that the UK economy is literally soaring into the stratosphere by recording unprecedented gains across several measures for the month of August.
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Monday, September 05, 2016
Deutsche Bank Tries To Explain Inability To Deliver Physical Gold / Commodities / Gold and Silver 2016
The debacle involving Deutsche Bank’s failure to deliver physical gold from the Xetra-Gold exchange traded commodity (ETC) continued on Friday after a press release from Deutsche Bank. Zero Hedge covered the “non-response” from the beleaguered German bank over the weekend:
Read full article... Read full article...And so another non-response, because in the same press release Deutsche Bank both admits that it has an obligation to deliver the gold “as a matter of course”, and then tacitly confirms that it failed to do so, by first saying that it evaluates the “economic efficiency of physical delivery”, something it should have no right to do since the Xetra prospectus explicitly mandates that it should release gold on demand, and then adds that “should an investor’s request for the handover of physical gold not have been complied with immediately in individual cases, this will be reviewed and an individual solution will be found with the client.”
Monday, September 05, 2016
The “End of the World” History Stock Market Chart / Stock-Markets / Stock Markets 2016
Tonight I would like to show you a long term 40 year monthly chart for the $COMPQ which I call the history chart. Some of you were not even born when some of these significance events happened. At the time they seemed significant enough that most thought the end of the world as we knew it was near. Some of the older members will remember some of these events like they just happened yesterday.
I was personally involved in the stock market during each one of these times, and I can assure you it did feel like the world was coming to an end. When one observes some of these stock market events from a distance they hardly matter in the big picture. Perspective is everything.
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Monday, September 05, 2016
G20 Meets in China To Fight Anti-Globalism And Usher In New World Order / Politics / New World Order
Members of the G20 countries are meeting in China this week with an expressed goal of “fighting anti-globalism sentiments”.
You see, the global elites are rewriting the rules of the economy to help usher in a new world order that, as Zbigniew Brzezinski says, will now include Russia and China.
This new globalist order is something for which they have no remorse because of their disloyalty to any one nation – or even to humanity as a whole. What’s more is they’ve shown their willingness to trash the dollar to attain that end.
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Sunday, September 04, 2016
The Anti-Cinderella Man (Part One) - The Greater Depression / Economics / Great Depression II
There are several movies I will watch every time they are aired on one of my generally useless 600 cable channels. They all have the same thing in common – a compelling character portrayal which keeps you riveted and mesmerized by how the protagonist deals with adversity and circumstances beyond their control. The movies I can’t resist include: The Godfather I & II, The Green Mile, Shawshank Redemption, Apocalypse Now, and Patton. Another captivating movie, which didn’t do well at the box office, is Cinderella Man. The portrayal of Depression era heavyweight boxing champion James J. Braddock by Russell Crowe is inspirational, with a rousing and improbable victory by the champion of the common man. While watching this great movie a few weeks ago I found myself equating the themes to the current presidential campaign.
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Sunday, September 04, 2016
Silver : A Point and Figure Perspective / Commodities / Gold and Silver 2016
John Franczak writes: Thirty plus years ago, while I was a junior analyst with a Wall Street precious metals periodical, I learned the beauty of Point and Figure charting. It is always insightful to view price movement by itself for the purpose of removing all the “noise” of short term moves and volatility. It reveals the true trend of any market, and as you know, the trend is your friend until it ends. That may sound trivial but rings very true to market movement and pricing.
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Sunday, September 04, 2016
Negative Interest Rates and the War on Cash (1) / Interest-Rates / War on Cash
It’s been a while, but Nicole Foss is back at the Automatic Earth -which makes me very happy-, and for good measure, she starts out with a very long article. So long in fact that we have decided to turn it into a 4-part series, if only just to show you that we do care about your health and well-being, as well as your families and social lives. The other 3 parts will follow in the next few days, and at the end we will publish the entire piece in one post.
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Sunday, September 04, 2016
Market roundup WTI, EURUSD, FTSE / Stock-Markets / Stock Markets 2016
WTI now appears to be forming a top, after the price action last week our $60+ scenario appears to be becoming lesss likely, although still possible it would appear as though our dead cat bounce is running out of steam and our lower lows will be coming sooner than we anticipated.
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Sunday, September 04, 2016
Silver - Stay Sober / Commodities / Gold and Silver 2016
Time to revisit the “play toy of the funds”, aka, silver.
On Thursday of this past week, silver managed to claw its way back above its downtrending 10 day moving average, a positive sign. However, ahead of an often unpredictable payrolls report, most traders are not going to get aggressive preferring instead to wait for the report and the reaction before committing precious capital.
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Saturday, September 03, 2016
Gold: The Good and the Not Yet Good / Commodities / Gold and Silver 2016
The Good
Thursday’s ISM report was Thing 1 in improving the backdrop for gold. But it was a small Thing. Friday’s August Payrolls report was Thing 2, and it was a better Thing. Gold and especially the gold mining sector are invigorated fundamentally during economic easing, not during economic growth phases, inflationary or otherwise.
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Saturday, September 03, 2016
SPX Uptrend Extending? / Stock-Markets / Stock Markets 2016
The week started at SPX 2169. After a rally to SPX 2183 on Monday the market pulled back to 2161 by Wednesday. Thursday started off with a rally to SPX 2174, dropped to 2157, then the market rallied to 2185 by Friday. For the week the SPX/DOW gained 0.50%, and the NDX/NAZ gained 0.45%. Economic reports for the week had twice as many gainers as losers. On the downtick: the ADP, ISM, auto sales, monthly payrolls and weekly jobless claims increased. On the uptick: personal income/spending, the PCE, Case-Shiller, consumer confidence, the Chicago PMI, pending home sales, factory orders, the Q3 GDP estimate, plus the trade balance improved. Next week’s reports will be highlighted by the FED’s beige book and ISM services. Best to your week!
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Saturday, September 03, 2016
Kid's Fun Fruit Trees and Plants Garden UK (E1 - August 2012) / Personal_Finance / Gardening
This is the first in a series of videos starting August 2012, where 4 year old Anika first shows her fruit trees and plants garden in the UK from tropical trees such as Mangoes and Bananas to the traditional Apple and Cherry trees, nut trees including walnuts, almonds and hazelnuts, plenty of citric lemon and orange trees continuing with some raspberry and blackberries bushes strawberries and grape vines. Watch as the fruit trees and plants grow over the following seasons and years so you too can plan your own fun fruit filled kids gardens.
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Saturday, September 03, 2016
Gold And Silver – Fiat “Dollar” Says Gold And Silver Will Struggle / Commodities / Gold and Silver 2016
We are taking another look at the globalist-owned Federal Reserve and their totally fiat Federal Reserve Note, more commonly and inaccurately referenced as the “dollar,” which it is not and never was. The fact that people in the United States continue to believe that the “dollar” is real and the Federal Reserve is a part of the US government speaks to how successfully the total Ponzi scheme perpetrated by the elites over the last century plus has fooled almost everyone.
Today, cash is barely 5% of “money” in circulation, and the bankers want to do away with even that paltry source in order to fully gain control over the financial lives of all citizens. The fact that this information still needs to be explained relates to the futility of the public ever wakening to the reality of how all Americans have been, and continue to be fleeced by the elites who control every aspect of how the United States functions, including the bought and paid for politicians, starting with the corporate federal president on down.
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Saturday, September 03, 2016
An Important Low for Gold Price and Gold Stocks? / Commodities / Gold and Silver 2016
Gold and gold stocks bounced to end the week thanks to an oversold condition coupled with a softer than expected jobs report which likely delays Fed action until December. At one point this past week the market had priced in a 64% chance of a single rate hike by December and a 42% chance of a rate hike this month. A single rate hike is not going to derail the young bull market in precious metals and as long as the lows of this week hold then the bull market is in position to grow stronger by the end of the year.
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Saturday, September 03, 2016
Free Event! 22+ Markets. 3 Continents. Numerous New Opportunities. / Stock-Markets / Financial Markets 2016
Dear Reader,
Our partners at Elliott Wave International (EWI) have just announced a new, free 3-day event for global investors at elliottwave.com.
On September 6-8, they're opening the doors to their latest forecasts for top markets in Europe (FTSE, DAX, CAC + 9 more) and Asia-Pacific (ASX, Shanghai, SENSEX + 8 more).
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Saturday, September 03, 2016
US Jobs Disappoint... Nothing Terrible... / Stock-Markets / Stock Markets 2016
The market had two reports it was focusing on this week. The ISM Manufacturing Report that was to come out on Thursday and the Jobs Report that would come out today. The first one laid an egg. Huge disappointment. Market fell, but then came back strong. Bad news wasn't bad news for the market. Today the Jobs Report missed, but not as bad as yesterday's miss. That said, still a miss by between 25/50k jobs depending on who you listen to. The market blinked lower on the futures for a moment but then recovered. It's almost as if the market reacted as if was a stock market still. It had a forgetful moment. It immediately then realized that it's now a fed market and fed markets work on rates and basically nothing else.
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Saturday, September 03, 2016
Few Buys in Global Stock Markets After Rallies / Companies / Investing 2016
Money manager Adrian Day provides an update of his non-resource holdings and his interpretation of the Federal Reserve's activities.
All of the Business Development Companies have moved up strongly in recent months from their grossly oversold year-end levels, in line with many other "dividend" plays, such as utilities. In general, we are holding, given the still-high yields and improvements at the companies, but not buying given the strong recent stock movement as well as yields that are coming down to historical norms.
Saturday, September 03, 2016
John Maynard Keynes’ “General Theory” Eighty Years Later / Economics / Economic Theory
To the economic and political detriment of the Western world and those economies beyond which have adopted its precepts, 2016 marks the eightieth anniversary of the publication of one of, if not, the most influential economics books ever penned, John Maynard Keynes’ The General Theory of Employment, Interest and Money. Sadly, even to this day, despite its thorough refutation by lights such as Henry Hazlitt and other eminent scholars, The General Theory, which spawned “Keynesianism” and its later variants, remains supreme in academics, financial markets, and public policy.
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