Wednesday, November 30, 2016
Very Tough Day Wall Street / Stock-Markets / Stock Markets 2016
The stock market indices had a topsy-turvy day with a pop at the opening, a sharp selloff that held support, then a huge rally that took the Nasdaq 100 from 4849 to 4897, and the S&P 500 from 2198 to 2209. In the afternoon, they consolidated and it looked like they were going higher, but when they failed to do so, they pulled back very sharply, and took a fifty percent retrace of the whole rally, and then had a little bounce at the close. They managed to close positive. But it wasn’t a very spectacular day.
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Wednesday, November 30, 2016
Stock Market - It's the Most Wonderful Time of Year! / Stock-Markets / Stock Markets 2016
The holidays bring more than just gifts under the tree, excess calories, and rude in-laws. December and January represent two of the best months of the year. However, there is often a pause in the uptrend in early December. With US markets having experienced such an extreme "Trump Bump" since the election, patience is likely a virtue for the bears and bulls alike.
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Wednesday, November 30, 2016
Silver Market Sentiment Looks Golden / Commodities / Gold and Silver 2016
Chart of the Day
Bullish sentiment among silver traders recently fell to 8 percent, the lowest reading since mid-2015. So, sentiment is in the right place for the next big leg in the price pattern.
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Wednesday, November 30, 2016
A 6 Step Plan for Trump to Make Our Money Great Again / Commodities / Gold and Silver 2016
By: Jp Cortez & Stefan Gleason : Donald Trump will be sworn in as the 45th president of the United States in January. Americans will then find out then if "Make America Great Again" is more than a campaign slogan.
It isn't going to be easy. On day one, he will inherit a $20 trillion federal deficit and a moribund economy increasingly reliant on low interest rates and central bank stimulus.
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Wednesday, November 30, 2016
Indian Demonetization Denotes Severe Stress in the Global Gold Market / Commodities / Gold and Silver 2016
It is becoming clear that the Indian currency demonetization is actually a planned attack on Indian gold demand, launched to disrupt gold prices and discredit gold as an asset class. The attack was required to alleviate severe stress in the global gold market that is becoming increasingly difficult for the Deep State controllers to contain.
For two decades, physical gold has been migrating from the west to the east in increasing quantities. Numerous reports cross-confirm that the world’s leading refineries are operating at capacity to convert western gold into the kilo products demanded by Asian buyers. Refiners also confirm that the sourcing of western gold has become problematic, as supplies dry up in the face of voracious world, and particularly eastern demand.
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Tuesday, November 29, 2016
Stock Market SPX Making its Final Probe Higher / Stock-Markets / Stock Markets 2016
SPX took plan A mentioned this morning, finding support at 2198.15. The limit to the rally is now adjusted to 2231.12. However, we have a trendline at 2220.00. In addition, Wave C equals .618 of Wave A at 2216.96.
Those brave souls wishing to be aggressive may wish to do a partial short position between 2217.00 and 2220.00.
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Tuesday, November 29, 2016
Owning Gold and Silver in Troubling Times / Commodities / Gold and Silver 2016
I am writing this article for the gold and silver bullion purchaser who wants the comfort, the insurance of owning some gold and silver in what are very troubling times.
There's a lot going on in the world - from Trump being elected in the U.S. to turmoil in the middle east, the China Sea and Turkey, Russia is flexing it's still considerable might, North Korea's flinging it's nukes helter skelter, Japan's rearming, disease runs rampant and fear escalates about virus mutation, there's shortages of fresh water with many rivers not reaching their former endpoint and of course climate change is rearing its head to destabilize natural rhythms or cycles. Add in out of control population growth, the divide between races, religion and wage inequality - the have and have not's - and a coming major economic collapse caused by interest rate increases on the trillions and trillions of dollars of global debt and it'd be hard to go back in history and pick a period of time when things weren't so combustible.
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Tuesday, November 29, 2016
Trump's Presidency - Stock Market Crash or Start of New Mega-Trends / Stock-Markets / Stock Markets 2016
"A little and a little, collected together, becomes a great deal; the heap in the barn consists of single grains, and drop and drop make the inundation." ~ Saadi
Trump's win proves that mainstream Media is in trouble; it is going to be all downhill from here except for the ones that parted ways and tried to provide accurate coverage of what was going on. The crowd will turn increasingly to social media and outlets that focus on facts as opposed to fiction. Mainstream media is in for a painful ride as the crowd is not going to forgive them so easily for their transgressions; the only exceptions being the ones that portrayed an accurate image of what was taking place. Many pollsters might have to look for new jobs, and as we just stated, we feel that social media is going to be the biggest winner. Perhaps this is why Google has its eye on Twitter and has decided to donate its search engine business and in doing so take a $1 trillion business write off.
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Tuesday, November 29, 2016
Stock Market NYSE Hi-Lo Gives a Sell Signal / Stock-Markets / Stock Markets 2016
While the SPX and VIX remain flat at the open, the Hi-Lo Index took a nosedive into bearish territory. This would be considered a tentative sell signal with confirmation provided at the close, should it remain beneath the 50-day Moving Average at 60.27 or the mid-Cycle resistance at 115.21.
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Tuesday, November 29, 2016
Fee Free Mortgages on the Rise / Personal_Finance / Mortgages
Research from Moneyfacts.co.uk reveals that the number of fee-free deals available to those looking for a fixed rate mortgage has more than doubled over the past year. This has given borrowers looking to minimise upfront costs even more choice.
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Tuesday, November 29, 2016
Prime Minister Modi's War Against Corruption, Black Money and Fake Currency Notes in India / Politics / India
Prime Minister Narendra Modi has launched relentless war against Corruption and the associated widely circulating Black Money and Fake Currency Notes in India with a surprise move, as part of his election promises. Black money and fake currency notes have grown to the extent of even destabilizing the Indian Economy and the Nation for which the enemies of the nation, within and outside, have been working. From the strategic point of view, especially in the wake of the increasing Islamic Terrorism sponsored by Pakistan, India has no other option but to uproot both Black and Fake Money at any cost, along with Corruption.
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Tuesday, November 29, 2016
Can President Trump Really Drain the Swamp? / Politics / US Politics
The glorious and providential intervention that provided the courage and motivation for millions of ordinary Americans to vote AGAINST the globalist system, which is the epitome for national betrayal is a once in a lifetime opportunity to eliminate the traitors in our society. Donald J. Trump is only a man. He is not the savior of our civilization, nor is he a miracle worker. Yet his election provides the last best hope that the forces of human enslavement, within our own power structure, can be defeated. Citizens who actually participate in the political process need to practice RealPolitik, when it comes to influencing or shaping public policy.
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Tuesday, November 29, 2016
Could a “Greek-Style” Carry Tax on Cash Come to the US? / Interest-Rates / War on Cash
As we keep warning, India is not the “last stop” in the global financial elites’ war on cash.
Indeed, as ZeroHedge noted earlier today, officials are proposing a tax on cash withdrawals in Greece. They’re also proposing only permitting digital cash or cards for various transactions.
The claim behind this policy is that it would stop cash being used in the black market. This is similar to other claims that implementing a carry tax on physical cash or banning it altogether would stop money laundering or other illicit activities.
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Tuesday, November 29, 2016
President Trump’s Economic Plan Isn’t Going to Work / Politics / US Economy
Will Donald Trump be good for the US economy?
The American people seem to think so. According to a recent survey taken by Gallup “Americans have relatively high expectations (of) the president-elect… Substantial majorities (upward of 60%) believe the Trump administration will improve the economy and create jobs. A slim majority (52%) say he’ll improve the healthcare system.”
Even more impressive, the University of Michigan Consumer Sentiment Index spiked to a 93.8 -high in November, signaling a significant improvement in overall consumer attitudes about the economy.
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Tuesday, November 29, 2016
Stock Market Overbought Pullback Today....Could Use More... / Stock-Markets / Stock Markets 2016
Today was a day for some unwinding, and we could use more. The market sold a bit today, but did so in a way where price didn't run away from the primary oscillators. That's important in the study of pullbacks because it tells us whether the internals are turning more bearish as we see some, and, thus, tells us deeper selling is likely. We should, and could get more, but thus far nothing that says something dramatic is about to take place. If the market wanted deeper selling, we would see huge gap downs on consecutive days that run lower as the day moves along. No matter how powerful a given bull market may be, you always find a time to sell when things get too overbought for too long a period of time.
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Tuesday, November 29, 2016
The US Bond Bear Market Has Begun! / Interest-Rates / US Bonds
BY JARED DILLIAN : It’s almost as if I can see the future.
In the September 22 issue of The 10th Man, I went through the math of how people would get screwed in a bond bear market.
I gave some concrete examples of what would happen if rates backed up 100 basis points. And sure enough, since the election, rates have backed up about 40 basis points.
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Monday, November 28, 2016
Simple Yet Powerful Technical Trading Tools / Commodities / Gold and Silver 2016
Jeffrey Kennedy discusses technical tools that support Elliott wave analysis
In this new interview, Jeffrey Kennedy gives a trading lesson on how to use trendlines, trend channels, price gaps and other technical tools in conjunction with Elliott wave analysis.
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Monday, November 28, 2016
The Sad Truth of Saving for the Future / Personal_Finance / Savings Accounts
Savers are no doubt aware of the struggle to earn a decent return in the current market. Interest rates are at record lows and there is little incentive for consumers to put money aside, particularly if they have a short-term savings goal. As a result, savers may be facing a savings shortfall for the future.
The latest research from Moneyfacts.co.uk shows the significant difference in the amount of interest on offer today compared to previous years, and how much savers are losing out on.
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Monday, November 28, 2016
President Trump Is Facing Lenin’s Dilemma / Politics / US Politics
George Friedman: When the Bolsheviks took power during the Russian Revolution in 1917, their intention was to create the dictatorship of the proletariat. They formed an army to fight a civil war against a counterinsurgency of monarchists who intended to destroy the Bolsheviks.
Vladimir Lenin, who led the revolution, appointed Trotsky to form the Red Army.
One problem was that he had never served in an army, let alone commanded one.
But Trotsky was chosen not because he had experience building an army. He was chosen because Lenin trusted Trotsky wouldn’t betray him.
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Monday, November 28, 2016
The US Is Undemocratic by Its Very Nature / Politics / US Presidential Election 2016
George Friedman : The final irony in an election filled with irony is the refusal of some voters to accept President-elect Donald Trump’s victory. This group includes more than mere protesters. There is a good-sized movement to persuade the Electoral College to vote for Clinton instead of Trump.
The irony is that it was Trump who said he would refuse to accept the results of the election. The Clinton camp charged that Trump was fighting against the sanctity of democracy. Now each has adopted the other’s position. Clinton herself, though, has not sought to overturn the election.
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