Wednesday, December 30, 2015
The War On Cash Is Now Being Rolled Out At An Incredible Speed / Currencies / War on Cash
In the old days there used to be bank robbers… old Westerns were full of the stories. Now, the banks rob you.
It’s all part of a grand scheme to turn the entire world into indentured servants under total control.
Here is where the world is headed: Countries like India are already building corporately sponsored cities, municipal environments where people live in the same place they work.
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Tuesday, December 29, 2015
A Crisis Worse than ISIS? Bank Bail-Ins Begin / Politics / Banking Stocks
At the end of November, an Italian pensioner hanged himself after his entire €100,000 savings were confiscated in a bank “rescue” scheme. He left a suicide note blaming the bank, where he had been a customer for 50 years and had invested in bank-issued bonds. But he might better have blamed the EU and the G20’s Financial Stability Board, which have imposed an “Orderly Resolution” regime that keeps insolvent banks afloat by confiscating the savings of investors and depositors. Some 130,000 shareholders and junior bond holders suffered losses in the “rescue.”
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Tuesday, December 29, 2015
Gold Price $1071 Cap - Video / Commodities / Gold and Silver 2015
Gold is being capped at the 1071 level. This may or may not lead to one final attack to drive it to 1030 before the paper shorts get out of the way and let another bear market rally begin"
Transcript Excerpt:
today's commentary I'm going going to go over what's happening in the gold market
in the morning discuss the manipulation the gold market extensively in the last two videos I'm
just gonna chill down a little bit into what's happening right now we've got a
break this supports the intermediate low in July and it's become pretty clear
Tuesday, December 29, 2015
Year-end Effort at Stock Market Elevation / Stock-Markets / Stock Markets 2015
Good Morning!
SPX Premarket is higher today and threatens to break through the 50-day Moving Average at 2065.13. This is all part of the effort to have SPX close in the black for 2015. It fits the profile of a Wave [e], since these waves tend to be rogues and often advance beyond the Triangle trendline. The Cycles Model calls for a reversal tomorrow or Thursday. We’ll see if the efforts to keep the markets elevated can last the rest of this week..
David Stockman comments, “The S&P 500 closed at 2052 on November 18,2014. That was 405 days ago, and despite the rips and dips in the interim the broad market average has gone nowhere.
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Tuesday, December 29, 2015
Monetary Policy Monster With A Key To Its Own Cage / Interest-Rates / Global Debt Crisis 2015
Out on the fringes of monetary policy, a merger of sorts is taking place between the debt jubilee and Modern Monetary Theory (MMT). The result — likely to emerge sometime in 2016 — will make the past decade’s bank bailouts and QE programs look like kid stuff.
Let’s start by defining these terms:
The debt jubilee — an idea from biblical times in which debts are periodically forgiven — involves the government creating a lot of new currency and giving it to debtors, either through stepped-up public spending, tax cuts, or some sort of direct transfer. A more recent term for this is “helicopter money,” which reflects a central bank’s ability to simply drop newly-printed bills out of an aircraft if necessary.
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Tuesday, December 29, 2015
Gold and Silver Kabuki Bonus Time / Commodities / Gold and Silver 2015
There were no silver deliveries reported, and JPM took another slug of gold for 'delivery.'
The Bucket Shop is little more than a betting parlor these days.
There were some little movements in the inventories as reported below.
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Tuesday, December 29, 2015
Stock Market Herd is Heading for the Cliff / Stock-Markets / Stock Markets 2015
You would think investors (muppets) would be grateful for the extended topping process of the stock market, as it has given them the opportunity to exit before the inevitable crash. As CNBC and the rest of the mainstream media spin bullish stories to keep the few remaining mom and pop investors sedated and the millions of passive working Americans invested in their 401ks, the Wall Street rigging machine siphons off billions in ill-gotten gains, while absconding with fees for worthless advice.
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Tuesday, December 29, 2015
Economic Lessons from the Age of the Pharaohs / Commodities / Gold and Silver 2015
“Joseph urged the Pharaoh to set aside one fifth of the crop in the good times and store the grain to ease the famine in the bad times, because if he didn’t do that, the good times would be forgotten and all the people would remember was the bad times. This wouldn’t be politically good for the Pharaoh.”
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Tuesday, December 29, 2015
The World is Safer For Big Government, War and Fiat Money / Politics / Social Issues
Highlights Tuesday December 29 2015 this morning I'll be making a video about how
democracy has made the world safe for big government war and fear money and
you have been thinking about this subject for the last day or so and it's
very interesting because this morning . LBC radio there was a presenter called
me in pain and he was talking about the new law that has gonna come into books
in the UK and he talked about it on Twitter Ian Payne the radio presenter on
LBC and he said and I quote social media bosses face two years jail time if they
warned uses mi5 are watching them so basically here in the UK
you know the boss is a Google Facebook Twitter all the companies that give
people access to social media they'll be arrested for two years they could face
arrest forty years if they warn you know their customers that mi5 which is the....
Tuesday, December 29, 2015
Gold and Silver COTs Feature Short Covering / Commodities / Gold and Silver 2015
As suspected, the gains seen last week in both gold and silver ( and copper for that matter) were primarily the result of short covering. My view is that the bulk of this was tied to year-end book squaring ahead of Christmas and the New Year's holiday.
Starting with gold...
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Tuesday, December 29, 2015
US Dollar Bull Market / Currencies / US Dollar
DXY fell 0.72% last week and closed at 98.01 (below the 13-dma) after printing an engulfing bearish candlestick on Friday. 14-day RSI was unable to stay above its 20-dma during the previous week’s rally and 3-day RSI remains below 80; bearish. Not surprisingly, DXY looks similar to the pattern in TNX – the interest rate on the ten-year treasury.
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Tuesday, December 29, 2015
2016 Is An Easy Year To Predict / Politics / Social Issues
No year is ever easy to predict, if only because if it were, that would take all the fun out of life. But still, predictions for 2016 look quite a bit easier than other years. This is because a whole bunch of irreversible things happened in 2015 that were not recognized for what they are, either intentionally or by ‘accident’. Things that will therefore now be forced to play out in 2016, when denial will no longer be an available option.
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Tuesday, December 29, 2015
Stock Market Of Nothing....What Is It Waiting On?.... Sentiment Bullish... / Stock-Markets / Stock Markets 2015
We've all seen markets that seem to go nowhere day after day. In fact, month after month, but this market is really tough on the nerves and one's emotions. We have spent a year at the flat line, but it's not just that it's flat, it's how it's going about its business. There are just no moves that sustain themselves. It would be fun if we could ramp up and ramp down, but we do neither for the most part. Some bigger moves for sure along the way, but in reality very few of them thus there's that word we all hate again, but there's no CONVICTION. Neither side is showing the ability to establish itself. No accumulation off bottoms. No distribution off tops. Nothing from nothing.
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Tuesday, December 29, 2015
Gold and Silver Forecast 2016 / Commodities / Gold and Silver 2015
Clint Siegner writes: Looking Ahead to 2016
Forecasting today's volatile, high-frequency machine driven and manipulated futures markets using fundamental analysis is futile, as a great many precious metals bulls will attest. To complicate matters, an obsession with Fed policy dominates all markets. Officials at the Federal Reserve are often less than forthcoming and are just as bumbling as the Soviet bureaucrats when it comes to centrally planning our economy.
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Monday, December 28, 2015
Chinese Markets Short Term Mess But Long Term Opportunity? / Stock-Markets / Chinese Stock Market
A bird doesn't sing because it has an answer, it sings because it has a song. Maya Angelou
In the short term, China is still a mess, and the reasons are all but obvious. Greed and stupidity fuelled the bubble that popped back in June of this year. Some estimates put the number of individuals opening new accounts without high school diplomas at over 60%. Secondly, a large portion of these investors were playing the markets with borrowed money, otherwise known as trading on margin. Making matters worse to circumvent the limits placed by regular margin trading, many turned to the shadowy banking sector, where one could borrow up to ten times the value of one’s stock holding. At the height of the mania over 500,000 new brokerage accounts were being opened per week, a clear sign that the masses were ecstatic and believed that the market could only trend higher. When you couple Greed with stupidity, the result is always unpleasant.
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Monday, December 28, 2015
Stock Market Aggressive Sell Signals / Stock-Markets / Stock Markets 2015
SPX appears to be testing the trendline of its Orthodox Broadening Top formation and is expected to make a small bounce. At this moment, I would call the status of its current position as an aggressive sell signal, while a drop beneath the trendline at 2041.00 would turn it to a confirmed sell.
The famous stock trader, Jesse Livermore once said, “Money is made by sitting, not trading.” In this case, a short position carried since our first sell signal in early November still has value, while attempting to trade the Triangle would have led to a series of frustrations, if not losses.
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Monday, December 28, 2015
What Are The Chances For Peace in 2016? / Politics / US Military
Each year more than one trillion dollars goes up in smoke. More accurately, it is stolen from the middle and working classes and shipped off to the one percent. I am talking about the massive yearly bill to maintain the US empire. Washington's warmongers have sold the lie that the military budget has been gutted under President Obama, but even when the "Sequester" was in effect military spending continued to increase. Only the pace of increase was reduced, not actual spending.
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Monday, December 28, 2015
Silver Price Tradeable Rally Probable / Commodities / Gold and Silver 2015
I'm of the opinion that the metals have probably formed at least an intermediate bottom, and are ready to generate a trade-able rally over the next 4-8 weeks"
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Monday, December 28, 2015
Do the Consumer Reports Drive the Gold Price? / Commodities / Gold and Silver 2015
GDP, employment and inflation are a Holy Trinity of economic indicators. However, reports on consumer activity are also extremely important for the financial markets. It is not surprising: consumers are the ultimate rulers of the economy and their actions affect GDP, corporate profits and stock prices, labor market, inflation, the housing market and so on. There are several ways of measuring consumer activity, but it is the Personal Income and Outlays report that is the most widely watched data on consumer spending. The report includes data both on personal income and personal consumption expenditures (PCE). The latter primarily measures consumer spending on goods and services in the U.S. economy. It indicates the economic growth, since it is released monthly (while GDP is published quarterly) and it accounts for about two-thirds of the final domestic spending. Therefore, it should move very closely together with the GDP. Does it really do so? Let’s look at the chart below.
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Monday, December 28, 2015
SPX, TNX Both Threatening a Breakdown / Stock-Markets / Financial Markets 2015
Good Morning!
The SPX Premarket is down nearly 8 points as I write. It is possible that it has formed another Triangle formation, just as it did prior to the August panic. If so, we may see a break to the downside sometime this week. Most other analysts are focused on the idea that this is bullish. A break of the lower trendline will be proof that it isn’t.
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