Wednesday, September 14, 2016
The Most Political Fed in History / Interest-Rates / US Federal Reserve Bank
Minneapolis Fed President Neel Kashkari wants us to believe that the Fed is not a political entity.
Kashkari is either ignoring reality or simply providing cover for the single most political Fed in history. This is not a Left vs. Right issue, this is an establishment vs. legitimate reform issue.
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Wednesday, September 14, 2016
The Era of Centralization is Ending… and the Elites Are Terrified / Stock-Markets / Financial Markets 2016
The biggest issue in financial political power structure today is the End of Centralization.
In the post 2008 era, the Globalists made a major push to hold the system together. The multi-billionaire class, particularly those who made fortunes from crony capitalism and bubble economics joined forces with the Keynesian media shills to convince the world that the only way we would survive would be if trillions of Dollars were given to those who were deemed “systemically important.”
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Wednesday, September 14, 2016
A Common Sense Regulatory Framework for Digital Currency / Currencies / Bitcoin
John Dunham writes: The phrase, horror vacui, or nature abhors a vacuum, was attributed to Aristotle, who suggested that nature contains no vacuums because the denser surrounding material would immediately fill any void. This physical postulate is often applied to the idea of government regulation. If something is not regulated (or in many cases highly regulated) then it is indisputable that some government will step into the void. In the case of digital currency and/or cryptocurrency, the concept of horror vacui is in full swing as governments from the European Union to the United States to China are all proposing broad regulations on the development and operation of digital currency markets. This is on top of local court rulings, such as that made by a Miami-Dade Florida circuit court judge who ruled that Bitcoin was not a currency.
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Wednesday, September 14, 2016
The Gold To Housing Ratio As A Valuation Indicator / Commodities / Gold and Silver 2016
The Gold to Housing ratio is a quite useful measure for evaluating relative values between real estate and gold, and also has an interesting historical track record for identifying turning points in long-term gold price trends. In light of the surge in gold prices in 2016, and the continuing strength in housing – it is worthwhile revisiting this basic measure, because the results aren't at all what most people likely think they are.
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Wednesday, September 14, 2016
Financial Intervention - The Monkey and The Fish / Currencies / Fiat Currency
“Kindly let me help you or you’ll drown, said the monkey to the fish as he placed him safely up the tree.” – Unknown
The financial system (mistaken for the economy) is so bloated with risk that any number of events could trigger an explosion that would reach much further than anyone could imagine – causing irreparable damage.
Because of the size and the massive dependence on the institutions (who have evolved like a cancer from big finance), the resulting carnage will reach out much further than the primary institutions.
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Wednesday, September 14, 2016
GDXJ Gold Stocks - A Diamond in the Rough / Commodities / Gold and Silver Stocks 2016
It wasn’t until yesterday that I could draw in a possible bottom rail of a possible diamond pattern on the GDXJ. This potential diamond pattern has been forming since the first of July. As it stands right now the diamond pattern has completed five reversal points which theoretically puts it into a reversal pattern category. With that said the bounce yesterday may have started the all important 6th reversal point to the upside which if completed would make this diamond a consolidation pattern to the upside. Keep in mind this potential diamond is still developing with no resolution either way yet.
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Wednesday, September 14, 2016
Stock Market Three Peaks and a Domed House / Stock-Markets / Stock Markets 2016
Friday’s decline broke the neckline of a small head-and-shoulders pattern seeming to leave behind the cupola Lindsay described as the top of his Domed House pattern: points 21 - 25.
If the market holds to the template, the Dow should fall to point 26 and rebound to point 27 within the same price range as the First Floor Roof (points 15-20).
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Tuesday, September 13, 2016
Stock Market Freefall Episode Coming Soon... / Stock-Markets / Stock Markets 2016
SPX has nearly retraced yesterday’s rally in an impulsive fashion. 2100.00 has already been tested in the futures. It is not likely to provide much support in this decline. The new target appears to be the December closing price at 2044.00.
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Tuesday, September 13, 2016
There Is Only One Right Way to Do a Precious Metals IRA / Commodities / Gold and Silver 2016
A small handful of outfits in our industry recently sprang up and started heavily promoting a so-called “self-storage” or “LLC” IRA. The pitch is for you to establish an LLC company to store the metals on behalf of your IRA in your home (or nearby).
At first glance, it sounds like an attractive option. Investors buy metals to increase privacy and control. Some do not want to rely on third-party vaults and would prefer having personal access to their metals 24 hours a day, 7 days a week. We totally agree with this sentiment when it comes to precious metals that you personally and directly own. But anyone considering this “self-storage IRA” scheme should be extremely careful and aware of the risks.
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Tuesday, September 13, 2016
Bitcoin Price Back Down / Currencies / Bitcoin
In short: no speculative positions.
The current banking system is global, at least in theory, but it definitely seems that the term “global” does not actually apply to all parts of the payments space the way we would like it to. International wire transfers still tend to be slow and costly. It is perhaps irritating that sending an email takes seconds but sending $5 abroad is slow, expensive or altogether impossible. This is why companies like Western Union still charge hefty fees for overseas transfers. As it turns out, Bitcoin and other digital currencies might offer a way forward for making the remittance industry more accessible. On Quartz, we read:
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Tuesday, September 13, 2016
Hillary Clinton Became Unelectable Long Ago / ElectionOracle / US Presidential Election 2016
Whenever I bring up something Hillary Clinton has done or failed to do, there are always people who react with a “Yes, but Trump did so and so…!” reflex. I’d like to get that out of the way first of all, because it distorts the conversation to no end. Criticism of Hillary does not equal support for Trump. Suggesting that it does is insulting.
I do not think it’s a good idea for Trump to become president. But that does not mean it’s a better idea for Hillary to be inaugurated. In fact, there’s something to be said for the argument that if you have to choose between two really bad options, pick the worst in order get it over with faster. The problem with that, in turn, is that in this case it’s hard to determine which of the two is worse.
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Tuesday, September 13, 2016
How Gold Bugs can Have their cake and eat it too by Embracing the trend / Commodities / Gold and Silver Stocks 2016
Executive ability is deciding quickly and getting somebody else to do the work.John G. Pollard
Many individuals sit back and look wistfully at the 1st stage of the Gold Bull Market they missed. It is interesting that people focus on what they lost but not what they might miss. Since Gold topped out in 2011, many sectors took off; one could have deployed a portion of one’s funds in any of these sectors and walked away with healthy gains. Instead, the classic Gold bug clung to Gold and let all these opportunities slide away.
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Tuesday, September 13, 2016
You Didn’t See This Bubble Burst Coming / Commodities / Agricultural Commodities
I keep saying that in the next great crash, everything will get swept up in the onslaught – with virtually no exceptions.And that goes too for what we eat!
The 30-Year Commodity Cycle peaked in mid-2008 and has been the first major bubble to crash and burn.
The CRB (Commodity) Index has been down as low as 67%, with the potential for 74% or lower in the next few years.
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Tuesday, September 13, 2016
Sorry, You Can’t Have Your Gold - Own Physical, Allocated Gold / Commodities / Gold and Silver 2016
“Sorry, You Can’t Have Your Gold” by Jeff Thomas via InternationalMan.com
In this publication, we warn regularly of the risk involved in storing wealth in banks. They’ve made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your money.
To add insult to injury, they’re creating reporting requirements with regard to the contents of safe deposit boxes and restricting what can be stored in them – again, at risk of confiscation.
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Tuesday, September 13, 2016
Relentless Interest Rate Cuts are a Deterrent to Savers / Personal_Finance / Savings Accounts
Data from Moneyfacts.co.uk can reveal that rate reductions in the savings market have now outweighed rate rises for eleven consecutive months and that August has officially become the worst month this year for cuts.
In August, Moneyfacts recorded three savings rate rises. Disappointingly, rate reductions over the same period completely outshone this figure, with the number of rate decreases standing at a staggering 388, which translates as around 130 cuts to every rate rise, and some deals fell by as much as 1.30%.
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Tuesday, September 13, 2016
August Record Global Temperatures, Brexit and the Climate Change Catastrophe / Politics / Climate Change
Another month goes by with another sign that where climate change control measures are concerned it is already too LATE to avert the climate change catastrophe that awaits humanity THIS century. According to NASA August 2016 was the hottest August month on record beating the last record by 0.16c (2014), which puts reality far beyond anything the climate change models of barely a decade ago were forecasting would happen, as we are now experiencing temperatures that weren't meant to materialise for several more decades and not 2016 which is indicative of a run away green house effect in progress.
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Tuesday, September 13, 2016
Gold Boom! End Game Nears As Central Banks Buying Up Gold Mining Companies! / Commodities / Gold and Silver 2016
When you watch mainstream media or listen to central bankers, gold is constantly deemed to be the redheaded stepchild of the investment industry.
Just that alone, is unbelievable, considering that gold has been one of the best performing investments of the 21st century. On December 31st, 1999, gold closed at $290.25. As of today it is trading at $1327.80.
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Tuesday, September 13, 2016
Stock Market Expanded Zone Of Importance....Bears Do What They Do Best... / Stock-Markets / Stock Markets 2016
On Friday we had one those gigantic down days we see every so often on big volume and a horrendous On Friday we had one those gigantic down advance decline line. The type of move off a top that almost always leads to more immediate down side. That is, until we moved from the stock market to the fed market where all seems to be well no matter what is taking place in the real world economy.
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Tuesday, September 13, 2016
Central Banks Able to Get “Trading Machines” to Pump Up Markets, for Now… / Stock-Markets / Financial Markets 2016
Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well known blogs in the industry and has been covering the precious metals for close to a decade now and puts out some of the best analysis on banking schemes, the flaws of Keynesian economics and evidence of manipulation in the gold and silver markets.
Craig it's great to have you back and thanks again for joining us today. Welcome.
Craig Hemke: Hey Mike, it's always a pleasure. Thanks for the invite.
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Tuesday, September 13, 2016
Correction in Gold and Silver Markets Continues / Commodities / Gold and Silver 2016
Technical analyst Jack Chan charts the latest moves in the multiweek correction in the gold and silver markets.
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