Tuesday, September 20, 2016

Hillary - Finally Well Deserved Recognition for Deplorables / ElectionOracle / US Presidential Election 2016

By: BATR

When the criminal Clinton cabal announces that their infamous foe and now world renowned 'basket of deplorables' are threats to their power establishment, you are really hearing an admission that they are losing the war of ideas. It has long been a well established fact that psychopaths on the loony left are existing in a parallel universe, but it is relatively new just how desperate they have become since the public is waking up to their century long scheme to destroy America. While more and more people are joining the cause of rational national self preservation, the task of mobilizing the ranks of long oppressed productive citizens is still in its infancy stage.

Tuesday, September 20, 2016

Stock Market Waiting On Wednesday..... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

Boring. Simple as that. The market is boring. It whips about, but goes nowhere in the end. That's because the market wants to always go higher in the new fed environment, but because the economy is worsening it's having more resistance from the bears. In the end, we go nowhere. It is what it is. The global economy is mirroring our economy here at home. Both are on steep declines based on the key reports we've received over the past couple of weeks.

Tuesday, September 20, 2016

UK Petrol and Diesel Pump Prices Rip off Investigation Call / Personal_Finance / Gas - Petrol

By: Submissions

FairFuelUK Campaign: In the last month as the Brent oil price in Sterling has fallen 9.5% or £3.67 per barrel, wholesale diesel fell only 1.8% with petrol, in complete contrast, rising bewilderingly by 1.6%. We are reliably told that the average independent garage should reflect oil and wholesale price changes in just 7 days. True to type, in reality this continues not to be the case. With such significant falls in oil seen since 18th August, pump prices for diesel have instead been hiked by 1.89p and petrol by 1.71p per litre.

Monday, September 19, 2016

War on Cash Turns to $20, $50, and $100 Bills / Currencies / War on Cash

By: MoneyMetals

Harvard professor and economist Ken Rogoff is once again leading the chorus of high-level academics and officials who declare cash is only for criminals. He made his case in a recent Wall Street Journal editorial called the “Sinister Side of Cash.” The solution, he declares, is to simply get rid of anything but the smallest bank notes.

In his vision, drug dealers, human traffickers, and tax cheats are everywhere, but they are reliant on cash. Our benevolent central planners can largely incapacitate them by ridding society of anything larger than a $10 bill.

Monday, September 19, 2016

SPX is still on a sell signal / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

At the hourly level, the SPX has a few anomalies in its Wave structure. However, this appears to be the “best fit.”

In this case Wave [v] is roughly equal to Wave [i] of C. I had expected to see Waves C and A attaining equality where Wave C would approach the 50-day Moving Average, instead. As a result, this correction is called an “irregular.”

But that also verifies a Wave (B).

Monday, September 19, 2016

Is the Precious Metals Sector Correction Completing Now? / Commodities / Gold and Silver 2016

By: The_Gold_Report

Technical analyst Clive Maund discusses how precious metals prices would be impacted by the Fed's interest rate decision this week.

The Precious Metals (PM) sector correction may be completing RIGHT NOW, with sector indices at the 2nd low of a potential Double Bottom. Whether it is or not depends on the outcome of the Federal Reserve meeting—if it announces a rate hike, then both the broad market and the PM sector can be expected to break sharply lower. If it doesn't—if it puts it off again till later, or never, then the PM sector should take off higher again. We cannot know in advance whether the Fed will hike or not, but we can be sure that its intentions have already been telegraphed to the 1%, so that they can position themselves to profit in advance.

Monday, September 19, 2016

Fascist Business Model: Reich Economics / Economics / Economic Theory

By: Jim_Willie_CB

The Fascist Business Model incorporates all the worse elements of Keynesian economics, a broken fallacious school of thought. The model also integrates a vast system of economic heresy, put forth as public address dogma. All their messages are wrong. They are instead aligned with support of the power structure where big banks conduct self-dealing and print money for themselves.

Monday, September 19, 2016

Multiweek Correction in Gold and Silver Markets Continues / Commodities / Gold and Silver 2016

By: The_Gold_Report

Technical analyst Jack Chan charts gold and silver as the multiweek correction continues.

Monday, September 19, 2016

Stock Market May Turn Ugly This Week / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

The SPX Premarket is higher this morning, but short of Thursday’s high or the trendline.

ZeroHedge reports, “Stocks across the board, and US equity futures are broadly in the green this morning as markets shrug off the terror-related events in the NYC area over the weekend. There wasn’t a single positive “reason” for the green price action but the bond “tantrum” that caught the attention of stocks beginning back on 9/8 is increasingly fading and investors are hopeful this week’s central bank decisions (BOJ and FOMC both on Wed 9/21) will further ease yield anxieties.”

Monday, September 19, 2016

China Is Digging Itself into a Deeper Hole / Economics / China Economy

By: John_Mauldin

Chinese “depreciation” and all its ensuing hysteria occurred just about a year ago. It has also been a about a year since I co-wrote a book on China with Worth Wray titled A Great Leap Forward?

The title was meant to be ironic. The original Great Leap Forward was imposed by Mao in the 1960s. It was one of the most economically disastrous times in Chinese history. Food production increased, yet 30 million people starved. China underwent a true financial and economic crisis due to the insanity of central control of markets.

Monday, September 19, 2016

Central Bank Digital Currencies: A Revolution in Banking? / Stock-Markets / Bitcoin

By: Ellen_Brown

Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies, using the blockchain technology developed for Bitcoin. Skeptical commentators suspect that their primary goal is to eliminate cash, setting us up for negative interest rates (we pay the bank to hold our deposits rather than the reverse).

Monday, September 19, 2016

Donald Trump and the “Maestro” (Greenspan) / ElectionOracle / US Presidential Election 2016

By: Antonius_Aquinas

Former Federal Reserve Chairman Alan Greenspan, who was once laudably referred to as “Maestro” for his supposed astute stewardship of U.S. monetary policy, commented last week on the nation’s current political and economic climate:

We’re not in a stable equilibrium.  I hope

we can all find a way out because this too

great a country to be undermined, by how should

I say it, crazies.*

Monday, September 19, 2016

‘Hard’ Brexit Looms For Ireland / Commodities / Gold and Silver 2016

By: GoldCore

The risks that a ‘hard’ Brexit will have for Ireland has been outlined by economist Dan O’Brien. Having once worked for the European Commission as the EU mission’s economic and political affairs officer for Malta and having worked on a free trade deal, his opinions are worth noting.

O’Brien outlines the risks on the horizon in the Sunday Independent and the article is well worth a read as it highlights the risks posed by Brexit to the Irish economy.

Monday, September 19, 2016

Yellen’s Footnote 8 Would Put Interest Rates on Autopilot / Interest-Rates / US Interest Rates

By: John_Mauldin

Yellen’s Jackson Hole speech was widely reported, so I’ll spare you the summary.

What wasn’t widely reported was her Footnote 8. Yellen cited approving a mathematical formula that could put interest rates on autopilot. The Fed hasn’t yet followed the rule, but its presence in Yellen’s paper suggests its use is on the table.

Monday, September 19, 2016

UK Government Surrenders to China / France to Build Nuclear Fukushima Plant At Hinkley Point C / Politics / Nuclear Power

By: Nadeem_Walayat

Theresa May's government has once more shown its inherent weakness where after putting the French / Chinese Hinkley Point C nuclear build on hold in July has now backed down under Chinese threats of withholding investments by giving the go ahead to build a nuclear reactor that had never been proven to actually work with potentially disastrous consequences for our small densely populated Island.

Monday, September 19, 2016

Stock Market Positive Expectations Following Last Week's Uncertainty, But Will Stocks Continue Higher? / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is now neutral, following S&P 500 index breakout above last year's all-time high:

Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral

Monday, September 19, 2016

Dramatic Falls in UK Savings Interest Rates / Personal_Finance / Savings Accounts

By: MoneyFacts

Moneyfacts UK Savings Trends Treasury Report data, yet to be published, highlights that long-term fixed rate bonds and ISAs have fallen, with long-term fixed rate ISAs falling for 11 consecutive months, plummeting to all-time lows yet again.

Monday, September 19, 2016

More Stock Market Selling Monday? / Stock-Markets / Stock Markets 2016

By: Brad_Gudgeon

It looks like that we should have more selling early Monday in the stock market according to the extremes of the 4 TD low combined with the current bearish wave action and negative astros. There is a rising wedge that meets near 2110 Monday. I'm not sure we tag that or not, but in any case there should be a strong rally Monday out of this sell-off according to the cycles.

Sunday, September 18, 2016

Stock Market Correction Already Over? / Stock-Markets / Stock Markets 2016

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend: The long-term trend is up but weakening.  Potential final phase of bull market.

SPX Intermediate trend:  The uptrend from 1810 continues, but it has entered a corrective phase.

 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 discuss longer market trends.

Sunday, September 18, 2016

American Economics / Economics / Economic Theory

By: Andy_Sutton

Over the years, we have written multiple times about the system of Keynesian economics, its dysfunction, and the fact that it is a pure lie. This has all been well-documented from studies, observations, right down to remarks made by Keynes himself regarding the long-term viability of his new faux economics.

However, from Keynesian economics, there has morphed another type of economics. A more ignorant and destructive type of scarce resource allocation – which is what economics really is after all – and this type is no respecter of persons, intellect, position, or influence. We could easily call it the economics of entitlement, but that would be misleading because when most think of entitlements, they think about Social Security, Medicare, and other government programs. No, that’s not where the sense of American (and global) entitlement ends. It ends with the average working stiff who is paying 20% on a $40,000 / 7 -year truck loan with a balloon payment because his buddies told him he wasn’t cool if he didn’t have such a truck. There are zillions of other such examples of financial stupidity, however, nobody is bothering to tell these folks that they’re committing financial suicide. The banks certainly aren’t going to tell them. The government? Talk about the kettle and the pot. Or maybe there is too much legal pot. We certainly can’t legislate common sense, but we sure try to legislate away the consequences of foolish behavior.