Tuesday, December 05, 2017
The True Meaning of Bitcoin's 'Success' / Commodities / Bitcoin
Precious metals expert Michael Ballanger discusses Bitcoin, currency devaluation, and gold and silver. In the year 301 AD, the Roman unit of barter was the denarius, which had originally been 95% pure silver when introduced by Augustus at the end of the first century BC but by the time of Diocletian's rule, it had moved to 50,000 denarii to a pound of gold. Ten year later, it took 120,000 denarii to buy a pound of gold and by 337, that figure was 20,000,000. What had occurred in a mere 400 years was that a slow and agonizing erosion in the purchasing power of the Roman currency accelerated to full fiat disintegration and that complete and total disregard for the denarius was attributed as one of the underlying causes of the Fall of the Roman Empire. Nothing was more evident in the underlying rot permeating Roman society, economics and national security than the refusal by the Barbarian armies to accept anything but gold as payment for their leaving the Roman legions alone. Rejection of the currency of the Roman Empire was complete and irreversible.
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Tuesday, December 05, 2017
Gerald Celente: Middle East Wild Cards Could Bring Down Markets, Drive Up Gold / Commodities / Gold and Silver 2017
Mike Gleason: It is my privilege now to welcome Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world and it's always great to have him on with us.
Gerald, thanks for taking the time and welcome back.
Gerald Celente: Thanks for having me on.
Mike Gleason: Well, Gerald, to start off here, we still have the equities markets ripping and roaring and there is seemingly no news that can derail the train. So, as we head into the end of the year, what does your forecast show for the crowd on Wall Street? Is the party going to end anytime soon?
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Tuesday, December 05, 2017
Geopolitical Risk Isn’t Driving Rising Oil Prices / Commodities / Crude Oil
By GEORGE FRIEDMAN AND XANDER SNYDER : At the end of October, Brent crude prices crossed $60 per barrel for the first time in two years. They peaked at around $64.
Experts explained the spike with vague references to “geopolitical risk,” without really detailing what those risks entailed. Such explanations are not wrong, but they are careless.
A proper geopolitical risk assessment goes beyond vague wording. It contains a deep understanding of relevant economic, political, and military factors.
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Monday, December 04, 2017
McKinsey: Automation May Wipe Out 1/3 Of America’s Workforce By 2030 / Economics / Robotics
McKinsey & Co. has come out with a comprehensive report on the predicted near-future effects of automation on employment.
Entitled “Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation,” the report takes us a big step closer to understanding the massive impacts of the transformation we are now embarked upon.
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Monday, December 04, 2017
Heaven Forbid Peace Should Break Out Between the US and North Korea! / Politics / GeoPolitics
As long as the US Empire can be funded and maintained on the backs of its taxpaying public, the chance of de-escalation of tensions not only on the Korean peninsula, but throughout the world are practically nil. And, as long as the nation’s current interventionist ideology holds sway, it will only be through a financial meltdown that the US’s role as global policeman will come to a much-needed end.
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Monday, December 04, 2017
Silver’s Positive Fundamentals Due To Strong Demand In Key Growth Industries / Commodities / Gold and Silver 2017
– Increased efforts in green energy and advanced technology set to boosts silver’s demand
– Four-year supply deficit set to increase due to fewer mine openings and discoveries
– Bank manipulation may be why silver under performing
– TD Securities and the Bank of Montreal expect silver to be best performing precious metal in 2018
– Growing industrial demand combined with monetary safe haven makes silver an excellent diversifier
Monday, December 04, 2017
Stock Market Positive Expectations, But Will S&P 500 Continue Higher? / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Friday's intraday trading outlook was bearish. It proved accurate because the S&P 500 reached our intraday profit target level of 2,615 (daily low at 2,605.52). the index fell sharply following relatively neutral opening of the trading session. The market has managed to close neutral (-0.2%). We still can see some short-term technical overbought conditions. However, there have been no confirmed negative signals so far. Therefore, we prefer to be out of the market today, avoiding low risk/reward ratio trades.
Monday, December 04, 2017
Bitcoin Achieved What The Gold Market Never Could & Never Will? / Commodities / Gold and Silver 2017
There is no absurdity so palpable but that it may be firmly planted in the human head if you only begin to inculcate it before the age of five, by constantly repeating it with an air of great solemnity. Arthur Schopenhauer
Gold bottomed in 2002, and it took nine years for its trade to a high of roughly $1900 (September 2011). Contrast that to Bitcoin, in less than 1/3rd of the amount of time it is showing gains of more than 11,000%. It took nine years for Gold to show gains of roughly 700% and Gold has given up a substantial portion of those gains.
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Monday, December 04, 2017
Tech Breakthrough To Save Trillions In Tax Payer Dollars / Companies / Tech Stocks
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Monday, December 04, 2017
Gold Intermediate Cycle Update / Commodities / Gold and Silver 2017
Please also see my weekend post on the USD. I will be adding a few more updates over the next few hours.
This weekend, I would like to step back and take a longer term perspective on where Gold is likely headed in 2018. My first chart is a 20+ year weekly showing that Gold is at a major inflection point in my long term uptrend channel. It shows a massive 20+ year Bull Flag that is either going to continue its breakout above the 2011 down trend or this will be a false breakout and my uptrend channel will fail.
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Monday, December 04, 2017
Stock Market Classic Short Squeeze / Stock-Markets / Stock Market 2017
SPX futures have peaked higher than the Thursday haigh at 2657.74. This means Wave c of (v) isn’t finished yet. That may mean a final probe to 2670.00 to 2682.00. A possible target. Wave (v) at 1.382 times Wave (i) equals 2670.14. Wave (v) at 1.5 times Wave (i) gives a possible target of 2675..68 while Wave (v) at 1.62 times Wave (i) yields a target of 2581.18.
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Monday, December 04, 2017
Canada-China Trade Amid NAFTA Friction / Politics / Protectionism
As tensions prevail in the NAFTA talks, Canada is hedging its bets by fostering consensus for a trade agreement with China.On Sunday, Canadian Prime Minister Justin Trudeau shall start a trade and tourism dialogue with Chinese officials during his ongoing visit to China. Canada and China began to talk about a free trade agreement (FTA) more than a year ago, following back-to-back meetings of Trudeau and Chinese Premier Li Keqiang in China and Ottawa.
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Monday, December 04, 2017
Stock Market Top Distribution Starting / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Coming to an end at anytime!
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Monday, December 04, 2017
Understanding Real Time Forex Trading / Currencies / Forex Trading
Forex traders аlѕо trade іn rеаl tіmе. Forex realtime trading іѕ dоnе аt thе foreign exchange rate.
Thе buy оr sell order іѕ рlасеd оn thе live exchange rate. Thіѕ type оf forex іѕ traded bу anticipating currency pair prices based оn thеіr technical analysis аnd оthеr market fundamentals.
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Sunday, December 03, 2017
A Letter To The IRS: Go F Yourselves You Bunch Of Criminals / Politics / Taxes
Many people will tell you that the IRS and income tax in the US are unconstitutional.
That is totally true… but the CONstitution is also a scam to enslave people while telling them they are free… so who cares.
In any case, bitcoin and cryptocurrencies pose the biggest threat to central banks and governments in their entire, evil history.
“Taxes”, which is just another word for extortion, are not voluntary and the only way to “collect” them is to use violence or threats of violence.
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Sunday, December 03, 2017
War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat Part2 / Commodities / Gold and Silver 2017
Dictatorship (noun): Definition #3: absolute power or authority (Websters);
Def. #2: absolute, imperious or overbearing power or control (Random House);
Def. #3: Absolute or despotic control or power (American Heritage);
Def. #3: Absolute or supreme power or authority (Collins English Dictionary);
Def. #1: A type of government where absolute sovereignty is allotted
to an individual or small clique (Wikipedia).
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained, you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” Sun Tzu, The Art of War
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Sunday, December 03, 2017
Signs That This Stocks Bull Market Is On Its Last Leg - Part2 / Stock-Markets / Stock Market 2017
In this post we want to share two interesting sets of data that we find are interesting and add to the case of a stock market top is highly likely to take place in 2018. Be sure to read Part I “How to Know When A Bull Market Is About to End”.
First, let’s take a look at the “Hindenburg Omen” which was developed by Jim Miekka as an early warning of a stock market correction. While it’s not super effective in terms of timing market turns it can be very useful in assessing the overall strength of an uptrend.
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Sunday, December 03, 2017
SPX Throws Over Two Trendlines, NDX Reverses From New High / Stock-Markets / Stock Market 2017
VIX challenged its mid-Cycle resistance at 14.54 this week, breaking out above its November 15 high at 14.51. It has since made a 62% retracement. A further breakout above the Ending Diagonal trendlne suggests a complete retracement of the decline from January 2016, and possibly to August 2015.
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Sunday, December 03, 2017
How to Turn off / Reset Vauxhall Zafira Service Inspection Reminder Light / Personal_Finance / How to Guides
Here's how to easily rest your Vauxhall Zafira's Inspection reminder warning light that appears annually reminding owners to get their cars serviced which is fine, but a problem if owners want to save money and self service themselves or if they hardly drive their Zafira's.
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Saturday, December 02, 2017
A Stock Market Reset May be Coming / Stock-Markets / Stock Market 2017
I had a chance to compare my long-term charts with a couple other analysts’ charts of the DJIA and SPX over the past 8 years. While there are some differences in interpretation, we all seem to agree that the rally may be over.
The big curve ball was the errant Wave (B) in 2011 that threw off the analysis for a long while. The second curve ball was this year’s Wave structure. It turned out that Wave (4) bottomed in August instead of March, as I had been suggesting. The corrected pattern makes much more sense and appears complete.
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