Sunday, October 16, 2016
Seek Your Independence: Anything Else Will Destroy You / Politics / Social Issues
Many people think The Dollar Vigilante is a fear mongering, pessimistic blog.
If you only read our headlines, then I can see how you would feel that way. But things are getting so bad that all we are doing is acknowledging the current state of affairs. The truth hurts.
After we began to analyze Shemitah and then Jubilee timelines, we became even more pessimistic because it was clear that even the deepest economic and military disasters were planned in advance.
Read full article... Read full article...
Sunday, October 16, 2016
SNL - US Presidential Debates, 1st, 2nd, VP - Like You've Never Seen them Before! / ElectionOracle / US Presidential Election 2016
Saturday Night Life have excelled themselves in achieving the impossible, of achieving satire that beats the real life Hillary and Trump comedy show which has seen literally anything spout of out Donald Trumps uncontrollable mouth, and that's BEFORE P USSY GATE! So here is SNL's take on the 2nd Presidential Town Hall Debate and as Trump would say "Are you not entertained"
Read full article... Read full article...
Sunday, October 16, 2016
The Prodigal Son or the Machiavellian Villain: The American Presidential Election / ElectionOracle / US Presidential Election 2016
Though the American Presidential election is purely an internal affair of its citizens, it has a wider impacts on the Global Peace and Development, the fates of several nations, peoples, the very survival of the Muslim world, the spread of Islamic Terrorism and aggravating Refugee Crisis and above all the growing roles of Russia and China in global politics, especially in the Middle East. Consequently, everybody is interested in the American Presidential Election and concerned about the final outcome.
Read full article... Read full article...
Sunday, October 16, 2016
More Good News For Gold Bugs: The Bottom Is Getting Closer / Commodities / Gold and Silver 2016
In the latest gold and silver commitment of traders (COT) report (click here for an explanation of what this report involves), paper players made big strides in bringing the market back into balance — and setting the stage for an eventual rebound.
Read full article... Read full article...
Sunday, October 16, 2016
End of Economic Growth Sparks Wide Discontent / Economics / Economic Theory
Former British diplomat and MI6 ‘ranking figure’ Alastair Crooke quotes my September 26 article “Why There is Trump” so extensively in this article for Consortium News that I thought I might as well post the whole thing here at the Automatic Earth too. The other sources he also quotes -John Gray, Stephen Hadley among them- help to put my points in a solid perspective, which is nice to see. I can only hope that this will open more people’s eyes to the fact that in the end of growth and centralization, we are witnessing the “most important global development in decades.”
Read full article... Read full article...
Saturday, October 15, 2016
Donald Trump on Life Support, May Abandon Election Campaign and War on Republican Party / ElectionOracle / US Presidential Election 2016
The relentless barrage of main stream media bad news stories on a daily basis is keeping the pressure on the Trump camp that according to the Book making odds remains trading near all time lows, and with just 3 weeks to go there is no sign of any recovery, especially as now senior republicans are abandoning Trump, as top GOP donors urge the Republican party to disavow Donald Trump to which Trump countering with statements of betrary, that they are all part of the same cabal, the global elite that enslaves America's working and middle classes that have seen their wealth evaporate whilst the elites wealth and power has soared.
Read full article... Read full article...
Saturday, October 15, 2016
The Gold Manipulators Not Only Will Be Punished, They Have Been Punished / Commodities / Gold and Silver 2016
I have not gone off the deep end and joined the “community” of boosters, promoters, pompom waving cheering squads and general cult figures who you can just tell not only want you to adore gold, but in some cases need you to act on your adoration and buy gold or gold stocks. Read into that what you will, but the history of investors burned by the pitch, which tugs at peoples’ morals, sense of right and wrong and plain old common sense, is a long and storied one.
Read full article... Read full article...
Saturday, October 15, 2016
Gold is Oversold on Misplaced Expectations of a 2016 Rate Hike / Commodities / Gold and Silver 2016
Gold investors know that the metal has been under pressure due to expectations of a FED rate hike in 2016. Many believe that an increase in the FED funds rate would support the dollar and send prices for precious metals lower. This has been a key driver of the decline in the gold price to support at $1,250, the 200-day moving average.
Read full article... Read full article...
Saturday, October 15, 2016
Gold Stocks Corrections in Bull Markets / Commodities / Gold and Silver Stocks 2016
The gold stocks are clearly in correction mode. The large caps (HUI, GDX) have corrected 30% while the juniors (GDXJ) have held up well in comparison by correcting the same amount. Given a number of factors (the size of the previous advance, the recent technical damage, stronger US$ index and rising yields) the gold stocks should continue to correct and consolidate in a larger sense. To gauge a potential path forward we present a new analog chart and compare the current correction to those from past markets.
Read full article... Read full article...
Saturday, October 15, 2016
Pushing Politics to Extract Payments / ElectionOracle / US Presidential Election 2016
My wife, Rosemary, a registered Republican, received a black and white poll in the mail. Plastered across the top of the sheet in bold black letters was the title: “MAKE AMERICA GREAT AGAIN.” I wonder who that could be.
On to the questions. All she had to do was to check the appropriate box and return the ballot. The survey indicated name, survey number, and a processing code, all with a bar code for identification. She just had to check the appropriate box beneath a picture of Donald Trump, Hillary Clinton, or “no opinion.” Seemed simple enough.
Saturday, October 15, 2016
Trump is Wrong on Trade / ElectionOracle / US Presidential Election 2016
Trumps claims (see here) that America has lost high paying manufacturing jobs to China because the communist country promotes its exports through subsidies, tax advantages and currency manipulations. The reality is that we should not care what China does. The more China subsidizes its industries, the more its trading partners gain in the abundance of cheap goods and services and, contrary to what Trump believes, in the creation of high-paying jobs. In an exchange economy, there is a natural antagonism between producers and consumers. Producers benefit from scarcity, consumers from abundance. A producer wants to be the only store on a block selling a limited number of products for a limited period of time. Consumers, on the other hand, want abundance with more producers and products available over a longer period of time. This conflict arises naturally in an exchange economy. Robinson Crusoe hunting for himself will clearly prefer abundance to scarcity.
Read full article... Read full article...
Saturday, October 15, 2016
Black Votes Matter - Is the US on the Verge of Mass Race Riots? / ElectionOracle / US Presidential Election 2016
Dear Reader,
Thanks to a philosophy course my daughter is currently taking, I have recently become more intimately acquainted with the British philosopher John Locke (1632-1704).
While Locke is famous for many other truly important ideas, our recent reacquaintance began after I reviewed an essay on Locke’s theory on the primary versus secondary qualities of things, a bit of a brain teaser.
Read full article... Read full article...
Friday, October 14, 2016
(Interview) Trading with Elliott Waves Doesn't Have to Be Complicated / InvestorEducation / Elliott Wave Theory
Start simple, with the basic 5 "core" Elliot wave chart patterns
Jeffrey Kennedy, a recognized expert in Elliott wave analysis and forecasting, explains why the Wave Principle is such a reliable and powerful way to forecast the financial markets.
Read full article... Read full article...
Friday, October 14, 2016
Gold Stocks Screaming Buy / Commodities / Gold and Silver Stocks 2016
The gold miners’ stocks are suffering from universal and overwhelming bearishness today, with nearly everyone expecting further selling. That’s the natural reaction following this sector’s recent massive correction, which climaxed in one of its biggest daily plummets ever witnessed. But within bull markets, there’s no better time to buy aggressively than deep in a major selloff that’s riddled with great doubt and fear.
The core mission of speculation and investment is so simple even children can easily grasp it, buy low sell high. The great challenges arise not from understanding, but execution. Actually buying low then selling high in real markets is exceedingly unnatural and uncomfortable. It requires traders to overcome their own greed and fear to do the exact opposite of everything their own instincts are screaming to do.
Read full article... Read full article...
Friday, October 14, 2016
Brace Yourself for the Quadrillion-Dollar Reckoning / Stock-Markets / Global Debt Crisis 2016
The ever more extreme antics of our central bankers keep forcing us to find new ways to describe them. My good friend Danielle DiMartino Booth does this by drawing an interesting historical parallel.
Danielle takes us back to the 20th-century era of World Wars and draws upon Liaquat Ahamed’s. The Lords of Finance. His work was inspired by that 1999 Time magazine cover story “The Committee to Save the World.” You may recall it: the lovely mugs of Alan Greenspan, Robert Rubin, and Larry Summers up there, grinning like the Cheshire Cat.
Read full article... Read full article...
Friday, October 14, 2016
The Next Recession Will Blow Out the Budget / Economics / Recession 2018
The odds that the next US President will face a recession during his or her first four years in office are quite high. Maybe not in the first year, but it’s highly unlikely he or she will get more than two to three years without one.
Given this fiscal reality and the dwindling number of arrows left in the Federal Reserve’s monetary policy quiver, the administration will have a hard time dealing with the fallout from a recession.
Read full article... Read full article...
Friday, October 14, 2016
John Mauldin: My Infrastructure Plan to Save the US Economy / Stock-Markets / Infrastructure
Infrastructure. Most people think of roads and bridges when they hear the term. But we really should think of infrastructure as the things that allow us to move food, energy, water, products, people, and information.
It’s our rail and trucking systems. It’s our electric grid. It’s our telephone system, Internet, and other information systems. To some degree, it’s our school systems. It’s the things that make it possible for businesses and governments to provide the services and goods we all expect.
Read full article... Read full article...
Friday, October 14, 2016
“Gold Is A Great Hedge Against Politicians” – Goldman Sachs / Commodities / Gold and Silver 2016
Gold has risen another 1.7% in British pound terms this week and is 1.8% higher in euro terms and is again acting as a hedge against currency devaluations, Brexit, eurozone and heightened political and geo-political risk in the UK, EU, U.S. and most of the world.
Gold is marginally higher in dollar terms this week after surging on the open in Asia on Sunday night. Gold quickly rose 1% from $1,251/oz to $1,264/oz as China and the Shanghai Gold Exchange (SGE) began trading again after being closed for the Chinese Golden Week.
Read full article... Read full article...
Friday, October 14, 2016
How Could Helicopter Money Affect the Gold Market? / Commodities / Gold and Silver 2016
Since the NIRP has not yielded the expected results – it could have actually weakened the condition of the banking sector and its ability to expand lending – a hot debate about the use of another weapon in the central banks’ heroic struggle with the deflationary pressure started. We mean of course helicopter money, also called monetary finance or money-financed fiscal programs. Supporters argue that it is a necessary option to revive economic growth and generate inflation, while opponents consider it a fancy name for printing money and monetizing fiscal deficits. Who is right and what does it imply for the gold market?
Read full article... Read full article...
Friday, October 14, 2016
World War III On The Brink: War Will Continue Until It Triggers Economic Collapse / Politics / Economic Collapse
One of the main Shemitah Trends of late 2016 is the emerging war in the Middle East. It has every indication of turning into a conflict resembling World War III and day-by-day is becoming more dangerous and extreme.
This could be the war that finally triggers the great economic collapse being planned. Certainly, the storm clouds of war are gathering, as we’ve been covering.
Read full article... Read full article...