Saturday, July 18, 2015
The Truth About God and Religion - Video / Politics / Religion
The promise at the heart of virtually every religion is that DEATH is not final, that an afterlife of sorts awaits all those who follow the righteous path in devotion to the supreme being that watches over everything one does. Where each iteration of religious ideology maps out its own true path towards salvation, one of following the rules and rituals as laid out in revealed doctrine of complete devotion to the Supreme Being, to constantly reinforce the belief that this life is temporary and to wholly focus securing entry after death to an eternal perfect afterlife, a paradise that will be granted to all followers of the religion by the supreme being that goes hand in hand with the threat of infinite pain and suffering that awaits all those who fail to follow the the one true religion as all of the others are false religions.
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Saturday, July 18, 2015
Stock Market Technical Weakness Continues / Stock-Markets / Stock Markets 2015
The expected “oversold technical bounce” due to recent market weakness materialized this week. With the good news from Greece spurring sentiment on, the NASDAQ has just jumped to new highs with the Dow 30 and S & P 500 not too far behind. Nothing unusual here. However, just like a clay mound in the Australian desert that is being burrowed out by termites the American stock market’s apparent strength is actually being hollowed out by technical failure.
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Saturday, July 18, 2015
Gold And Silver – Without Either, You Will Be Greeced / Commodities / Gold and Silver 2015
Step back for a moment and absorb what just transpired in the ongoing Greek tragedy that refuses to go away. Greece, with no possibility of ever repaying its fictitious debts to the EU, and the EU, in all of its greed and avarice, for no wisdom is to be found within that body of elite-pushing bureaucrats, it determined that the best and ONLY solution for debt-laden Greece was to LOAN MORE “MONEY.”
Need anything more be said about what is going on in European politics?
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Saturday, July 18, 2015
Market Orders - The Most Powerful Total Wealth Tactic of All / InvestorEducation / Learning to Invest
MoneyMorning.com Keith Fitz-Gerald writes: When I started Total Wealth, I made you a promise that we were not only going to cover the events of the day and the opportunities they create, but also the specific tactics you need to maximize profits and build Total Wealth.
Today I want to keep that promise with a look at the single most powerful Total Wealth Tactic of all.
It’s simple, easy to use, and takes only an extra second or two to put in place.
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Saturday, July 18, 2015
Stock Market Room For Further Upside....Transports Bottoming? / Stock-Markets / Stock Markets 2015
The short-term charts were overbought on the Nasdaq, Dow, S&P 500, etc. It would be good if we could unwind them. That's exactly what we saw on everything other than the Nasdaq, but that was because Google Inc. (GOOG) was up so much on their earnings. Also, Apple Inc. (AAPL) did well, and it's heavily weighted, but, for the most part, things did unwind. A little more wouldn't be a bad thing, but that doesn't have to happen since the trend overall is still higher and weakness is being bought up. I say higher overall since the long-term trend is up and since 2040 S&P 500 has held on a closing basis. The bears came close, but no cigar. 2044 two times the best they could muster up. Today saw a small gap down on the S&P 500 and Dow, while the Nasdaq gapped up on Google Inc. (GOOG). The rest of the day was spent in a very narrow range as the bulls were trying very hard not to allow too much in terms of price erosion. They're doing their best to keep the S&P 500 close to 2134.
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Saturday, July 18, 2015
Why Pensions Are A (Big) Black Swan / Stock-Markets / Pensions & Retirement
When talk turns to what might derail today’s debt-driven “recovery,” the big names and easy stories get most of the attention: China with its soaring debt, volatile equities and heavy-handed intervention; Japan with its stratospheric debt and science fictiony demographics; Greece, which needs no explanation; the developing countries with their weak currencies and mountain of dollar-denominated debt. And of course America’s triple bubble of stocks, bonds and derivatives.
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Saturday, July 18, 2015
Gold and Silver Record Shorting / Commodities / Gold and Silver 2015
The miserable summer for precious metals grinds on, with both gold and silver limping along near major lows. Such dismal price action has exacerbated the extreme bearishness long plaguing this sector, sparking even more capitulation. But this incredible weakness will be short-lived, as it was driven by American futures speculators’ record short selling. That will soon reverse into guaranteed, proportional buying.
In all markets including precious metals, price is rightfully considered the most-important fundamental signal. Prevailing price levels are set by free-market buying and selling until supply and demand meet. And gold and silver prices are exceptionally weak, with these despised precious metals slumping down to challenge major new 5.2-year and 5.4-year lows this week. So their fundamentals must be bearish, right?
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Saturday, July 18, 2015
Are Institutional Stock Market Investors Starting to Worry? / Stock-Markets / Stock Markets 2015
There is an old adage about when the VIX is too low. During the past 5 days, it dropped almost 40% and it is now at a historically low level.
Since the VIX (Volatility Index) moves opposite to the stock market, it is saying: don't worry, everything is wonderful.
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Friday, July 17, 2015
TransTech Digest: Move Over, Skynet - Brainet’s in Town / Companies / Technology
About once a week, I get a call from someone with a strong East Asian accent named Martha or Ralph or something else traditionally American. They tell me that they are calling from the “Microsoft Service Center” or “your computer service contract provider” because my computer is generating error messages, which they would like to help me fix.
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Friday, July 17, 2015
Greek People Victims Of Political Games / Politics / Eurozone Debt Crisis
Last Sunday, we arrived in Greece. We have interviewed since then more than 25 people across the country. We have selected ordinary people, with different jobs, from all ages, both in cities and rural areas. So our research is representative for the whole population. What people told us is staggering, and it becomes worse we compare this with the acts of the government. This is a live report about the government debt crisis.
In general, people describe the current economic situation as hopeless; there is no outlook for growth whatsoever. Everyone agrees that this crisis will go on for many years before the country can see any economic improvement.
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Friday, July 17, 2015
Gold and Silver Extremes Become More Extreme Weekly / Commodities / Gold and Silver 2015
Gold and silver continued to drift lower over the course of the week, with gold trading at $1,145 and silver at $15.02 in early European trade this morning. This is close to the lowest prices we have seen since 2010. At the same time equities have rallied strongly and the S&P 500 Index is within a whisker of its all-time high.
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Friday, July 17, 2015
Compelling Reasons Why the Next Move Down in Global Markets is Just Around the Corner / Stock-Markets / Financial Markets 2015
There are some compelling reasons to believe that the next move down in risk assets across the globe is about to begin:
First and foremost the Euro a good proxy for global risk appetite has completely broken down despite the perceived resolution to the crisis in Greece. The strong dollar could eventually cause the liquidation of carry trades (Source marketwatch.com):
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Friday, July 17, 2015
Stock Market Investors Take the Low Risk Road / Stock-Markets / Stock Markets 2015
The S&P 500 Index has hit numerous new highs in the past three years. Note the log-scale graph below and the broken support lines from 2000 and 2007. The current support line, depending on where it is drawn, is on the verge of breaking.
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Friday, July 17, 2015
Global Precious Metal Roundtable - Greece, China, Manipulation, Interest Rates and Outlook / Commodities / Gold and Silver 2015
- Recent events in Greece have undermined trust in the EU
- Sentiment towards gold cannot get much worse
- Increase in interest and demand for gold recently
- Elephant in room is manipulated gold and silver market
- Will sharp slowdown in China see fall or rise in gold demand?
- Gold served its function as safe haven in recent months
- History shows that gold prices rise with interest rates
- Gold has performed well in most currencies this year
Friday, July 17, 2015
Disruptive Technologies - The Sharing Economy Could be Sued Out of Existence / Companies / Tech Stocks
MoneyMorning.com Shah Gilani writes: Uber, the ride-sharing service valued at $50 billion, is at the forefront of disrupting the taxi industry.
Consider this small but very telling fact…
A New York taxi medallion, the license that allows you to drive a cab in the city, cost $1.3 million in 2013. But today, you can pick one up for a (relative) song at $840,000.
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Friday, July 17, 2015
China May be Preparing for War to Rally the Country in Case of Recession / Politics / China US Conflict
As the living standards improved in China for hundreds of millions of people. Instead of a grateful nation, the Chinese Communist Party got more demanding people. The more the Chinese people get, the more the Party is asked to deliver.
There is an unwritten agreement in China: the people will tolerate the Communist Party as long as there is strong economic growth. But what happens if the economy stalls, or worse still, contracts? War could be the answer.
Friday, July 17, 2015
Where is Support for Precious Metals Markets? / Commodities / Gold and Silver 2015
The gold miners have broken below their 2008 to 2014 support while Silver is essentially trading at a six year low. Gold looks set to make a new monthly low and weekly low but has yet to break its daily low at $1140/oz. Barring a sudden short squeeze Gold could be hours or days away from cracking in the way Silver and the miners have in recent weeks. The trend for the sector is obviously down and sentiment is following. However, the more important issue for long term bulls is where is the strong support for these markets.
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Friday, July 17, 2015
Beware of Stocks vs Crude Oil Price / Stock-Markets / Stock Markets 2015
How high can stocks go following the dissipation of Grexit, reiterated ECB calls to stick with its asset purchases and the stabilisation in Chinese stocks? Can equity bulls ignore the relationship between oil and stocks?
The 22% decline in oil from the May high raises the old question from early Q1: Will cutbacks from oil companies weigh on overall spending? Remember how in January, economists raised the red flag over oil prices' tumble below $50s, owing to the implications of severe cuts in capital expenditure by big oil/gas companies could, falling by as 20%, as low revenues no longer justify project finance.
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Friday, July 17, 2015
GOLD and SP500 Intraday - Elliott Wave Analysis / Stock-Markets / Elliott Wave Theory
S&P futures did not go far in the last 24 hours, so our view did not change; looking for a reversal down into a three wave retracement for wave B) soon. Notice that we can count five waves up from 2037 while current price is already outside of upward channel so momentum is decreasing, signaling for a turn.
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Friday, July 17, 2015
Retail Silver Premiums - The Candle Blowing in the Wind / Commodities / Gold and Silver 2015
Despite the continued technical, paper induced bias to the downside, recent news that the US Mint has stopped silver eagle production is once again is being singled as the likely cause for the premium surges now being observed across all physical silver retail products.
Is this true physical demand bleeding through the paper charade?
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