Saturday, October 28, 2017
CIA and FBI Prevent Trump Releasing JFK Assassination Smoking Gun Files / Politics / US Politics
Despite much fanfare and great expectations, President Trump barely released 10% of the files that were supposed to have been released on the JFK assassination after the FBI and CIA arm twisted Trump into withholding the full release of some 28,000 files under the excuse of impacting on National Security, protecting long dead sources, despite the fact that by law ALL of the files should have been released.
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Saturday, October 28, 2017
New Smiggle Pencil Cases Shopping Trip Haul / Personal_Finance / Shopping
Hi friend's, here's how we shopped for our newest Smiggle pencil case and other super cool stuff that we stuffed it full of.
If only I could have got a diamond ring as well :)
Enjoy.
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Friday, October 27, 2017
Bitcoin Might Test All-time High / Currencies / Bitcoin
Is Bitcoin in bubble territory? Certainly, the price pattern this year looks like an exponential one, at least locally, but there are also opposing views. In an article on CNBC, we read:
[William] Bernstein is a neurologist who began writing about investing in the 1990s, soon becoming a best-selling author and drawing the admiration of legends such as Vanguard's Jack Bogle for his clear and rational analysis. He is best known for books such as "The Intelligent Asset Allocator" and "The Four Pillars of Investing" that show independent investors how to manage their money for the long term. He is currently retired as a doctor, but co-principal at Efficient Frontier Advisors, a money management firm for the very wealthy.
Friday, October 27, 2017
Volatility on Steroids / Politics / Social Issues
It’s been a while since we last heard from longtime friend of the Automatic Earth Dr. Nelson Lebo III, New Englander living in Wanganui, New Zealand. Nelson has written a fine collection of articles on this site through the years.
Of course I thought, when I first saw this piece in my mailbox, that he would have written about New Zealand’s new prime minister, Labour’s 37-year-young Jacinda Ardern, whose first action in her new job will be to prevent foreigners from buying existing homes in her country. It’ll be interesting to see how she intends to do so while remaining inside the Trans Pacific Partnership -TPP- agreement.
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Friday, October 27, 2017
Catalonia Declares Independence, Commits Suicide, New Spanish Civil War Imminent / Politics / Spain
The Calm Before the Storm -The Spain / Catalonia crisis has continued to worsen with each passing day with growing bitterness as each side has sought to up the anti with the Catalans threatening to declare Independence whilst the Madrid regime threatening direct rule and imprisonment of subversives has today come to a head following the Catalan Parliament voting to unilaterally declare Independence from Spain. This prompted the Spanish parliament in Madrid to vote for direct rule over Catalonia, taking control over the regions police, financial institutions and broadcast media that sows the seeds for new Spanish civil war.
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Friday, October 27, 2017
China’s Importance in the Gold Market / Commodities / Gold and Silver 2017
China has been accumulating a lot of bullion over the past decade. It is also the largest producer of gold in the world and – along with India – one of the biggest consumers of the yellow metal. According to the World Gold Council’s data on the second quarter of 2017, China accounts for about 28.6 percent of the jewelry demand, and for about 26 percent of total bar and coin demand. And China – with its almost 1843 tons of gold – owns the fifth largest gold reserves in the world.
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Friday, October 27, 2017
Russia Buys 34 Tonnes Of Gold In September / Commodities / Gold and Silver 2017
– Russia adds 1.1 million ounces to reserves in ongoing diversification from USD
– 34 ton addition brings Russia’s Central Bank holdings to 1,779t; 6th highest
– Russia’s gold reserves are at highest point in Putin’s 17-year reign
– Russia’s central bank will buy gold for its reserves on the Moscow Exchange
– Russia recognises gold’s role as independent currency and safe haven
Friday, October 27, 2017
Bullish Opportunity in Crude Oil - Watch Out! / Commodities / Crude Oil
My Bias: topping in a large correction wave [4].
Wave Structure: Double combination higher in wave [4] red.
Long term wave count: wave [4] target $70
Friday, October 27, 2017
Description of DAX German Stock Index / Stock-Markets / Germany
A stock exchange is that thing where the stocks, shares can be bought or sold by traders and stock brokers. Lots of facilities are provided by the stock exchange including different types of financial issues or any payment of dividends and income. There are several listed companies which are traded on stock exchange.Read full article... Read full article...
Friday, October 27, 2017
China’s 2017-22 Leaders, Grand Strategy and Policies / Politics / China
After the 19th Congress, Xi’s China is preparing for a new roadmap domestically and internationally. This is Dr. Dan Steinbock’s in-depth analysis of China’s critical changes that will shape the world economy until 2022 - and beyond.As the 19th National Congress of the Chinese Communist Party (CPC) opened in Beijing, General Secretary Xi Jinping delivered a report about “building a moderately prosperous society” for a new era. In his speech, Xi offered a blueprint for China’s development for the next 5-15 years.
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Friday, October 27, 2017
U.S. Stocks: A Sentiment Extreme You MUST Pay Attention to / Stock-Markets / Stock Market 2017
Here's what it's telling you about this bull market
Robert Kelley, the editor of our US Stocks Intraday Pro Service, tells you about a sentiment extreme that he's seen recently. Watch this new interview to find out what has caught his attention and what they mean for U.S. stocks going forward.
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Friday, October 27, 2017
Here’s Why Stocks and Home Runs Are at All-Time Highs / Stock-Markets / Stock Market 2017
By Alan Hall, senior analyst at the Socionomics Institute
This article was originally published on CNBC under the headline "Home Runs and Strikeouts Can Track the Stock Market."
________________________________________
Why in the world would Major League Baseball home run statistics track the U.S. stock market?
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Friday, October 27, 2017
Apple Legend Steve Wozniak Says Bitcoin Is Better Than The Phony US Dollar / Currencies / Bitcoin
We’ve had a seemingly never-ending parade of crony capitalists, bankers, and politicians calling bitcoin everything from a “fraud” to “Enron” to “junk.”
Yesterday, though, a big name came out on the side of bitcoin. Steve Wozniak, co-founder of Apple.
Notice that while people like JP Morgan’s Jamie Demon and Mastercard CEO, Ajay Banga, have never actually created any real wealth in their lives, Wozniak played a very crucial role in the development of personal computers which has led to the internet… which led to bitcoin… which has created massive amounts of wealth and freedom for the world.
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Thursday, October 26, 2017
Bitcoin, Ethereum, How To Trade Cryptos Safely / Currencies / BlockChain
In our previous article, we briefly described, in layman’s terms, the technology underlying cryptocurrency. Then we described how to get started with your first cryptocurrency purchase. In this article we want to characterize the crypto trade so you can begin a journey toward successful trading. Cryptocurrency is a very volatile asset and perhaps the most volatile asset we have seen. We expect it to remain this way for some time.
On any given day, we might see certain cryptos move 100% or more. 10% moves in small cap coin are quite pedestrian. 3-5% daily moves in the larger coins are common. Therefore, the returns, both positive and negative, outstrip the stock market by many fold.
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Thursday, October 26, 2017
Eurozone Crisis Is Back, Gold Will Be Safe Haven Again In Looming EU Crisis / Commodities / Gold and Silver 2017
– Gold will be safe haven again in looming EU crisis
– EU crisis is no longer just about debt but about political discontent
– EU officials refuse to acknowledge changing face of politics across the union
– Catalonia shows measures governments will use to maintain control
– EU currently holds control over banks accounts and ability to use cash
– Protect your savings with gold in the face of increased financial threat from EU
Thursday, October 26, 2017
More Volatility As Stocks Retrace Some Of Their Recent Rally / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved accurate because the S&P 500 index lost 0.5%, following neutral opening of the trading session. However, the market didn't reach our intraday profit target level of 2,535 (daily low at 2,544.00). The S&P 500 index may retrace more of its October rally. Therefore, intraday short position is favored again. Stop-loss is now at the level of 2,575 and potential profit target is at 2,535 (S&P 500 index).
Our intraday outlook is bearish today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
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Thursday, October 26, 2017
Elliott wave: Are the Stock Indices Ending 5 Waves or Not? / Stock-Markets / Stock Market 2017
Elliott wave: The 5 waves advance
The Elliott wave Theory is a famous trading tool and is based in the idea that the Market advances in 5 waves and corrects in 3 waves. The Theory has some basic rules which are listed below
1) Wave 2 never retraces more than 100% of wave 1.
2) Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
3) Wave 4 does not overlap with the price territory of wave 1, except in a diagonal formation.
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Thursday, October 26, 2017
Interest Only Mortgage Time Bomb Warning from the CML / Housing-Market / Mortgages
The Council of Mortgage Lenders (CML) has provided a fresh warning that millions of homeowners who had taken out a Interest only mortgage to purchase their home many years ago are now facing the prospect of losing their home when there mortgage product reaches it’s expiry. The debate of an Interest only mortgage ticking time bomb has been rumbling on for many years but things have become more apparent this week as the Council of Mortgage Lenders highlighted that up to 1.9 million homeowners are going to start reaching the end of their mortgage lifespan and asked to pay the outstanding balance of what they owe. Unfortunately for many people who took out their mortgage 20 years ago they are now approaching retirement age and therefore seen as being too old to take out another mortgage product.Read full article... Read full article...
Thursday, October 26, 2017
XME Miners/Metals ETF Pushing Towards Significant Breakout / Commodities / Metals & Mining
The SPDR S&P Metals and Mining ETF (XME) could be on the verge of a surprising, very powerful upside breakout after completing a 6-month corrective accumulation period.
After Trump was elected last November, the XME climbed from just under 25 to a February 2017 high at 35.21, or a whopping 41%, in anticipation of the enactment of the Trump agenda, concurrent with lower taxes, stronger economic growth, and upward pressure on inflation.
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Thursday, October 26, 2017
Threats to Digital Wealth Point Up Need for Tangible Backup / Currencies / BlockChain
By Stefan Gleason : Recent high-profile cyber security breaches at Equifax and other financial institutions highlight the perils of an all-digital economy. When wealth can be evaporated or expropriated at the stroke of a key, how secure can your finances really be?
Obviously, there is a big difference between wealth you can tangibly hold and wealth that exists only in electronic form.
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