Tuesday, August 27, 2019
The British Betrayal of Hong Kong / Politics / GeoPolitics
What a long yesteryear between the British Empire and the Chinese Dynasty. The English Crown used the Opium Wars to subjugate the Red Dragon and keep it at bay. A brief summary of the East India Company and the HSBC Bank: Secret Origins To Laundering The World's Drug Money is crucial to understand the role of the City of London in establishing a global trading cartel.
"As the opium and other trade with China expanded, Britain’s new territory of Hong Kong became a major imperial commercial center. The opium dealers gathered together to form a bank, the Hongkong and Shanghai Bank, as the financial flagship of the British opium trade. Over time, the bank—now known as HSBC—would extend its reach into the drug fields of the Middle East and Ibero-America, as befitting its role as the financial kingpin of Dope, Inc."
Read full article... Read full article...
Tuesday, August 27, 2019
FXA Bearish Cycle From The July 2011 Highs / Companies / Exchange Traded Funds
Firstly the FXA ETF fund is the Australian dollar tracking fund that has an Inception Date of 06/21/2006. With that said the fund mainly reflects the currency spot price of the AUDUSD forex pair. The data available from the Reserve Bank of Australia at their website suggests the spot price was 1.4875 back in 1973 to 1974 that would translate into an FXA price of around 148.75. It should be obvious that is a long term downtrend. I believe the bearish cycle analysis suggests it can go lower to possibly retest those lows eventually.
Back before the FXA fund inception date, the AUDUSD spot currency price reached what is still the currency low in April 2001 at .4778. From there the currency pair went up in three swings until July 2011 at a high of 1.1080. That translated into the FXA ETF fund price high of 110.99 in July 2011. This is where the monthly Elliott wave analysis begins on the chart below.
Read full article... Read full article...
Tuesday, August 27, 2019
Trade War Escalation Put Selling Pressure to S&P 500 (SPX) / Stock-Markets / Stock Markets 2019
Last week, there was anticipation of market volatility as the Fed’s Chairman Jerome Powell was scheduled to speak at Jackson Hole. President Trump and China however stole the show. China introduced fresh retaliatory tariffs on $75 billion of U.S. imports, targeting politically sensitive products. President Trump immediately responded. Trump announced in twitter the existing 25% tariffs on $250 billion Chinese goods will rise to 30% on October 1. In addition, the 10% tariffs on another $300 billion Chinese Goods will rise to 15% instead on September 1.
In a series of Tweet storm, Trump also accused Powell of a bigger enemy than China’s President Xi Jinping and issued an order to American companies to get out of China.
Read full article... Read full article...
Tuesday, August 27, 2019
S&P500 heads to 3020: Big Turn for Risk Markets as US-China Steadies to a Deal / Stock-Markets / Financial Markets 2019
A lot has changed over the weekend. - G7 has been positive for risk. Trump expressed regret over his latest escalation of trade war. - China on its part said will negotiate. - No news on Iran - No bad tweets on FED
US seems to be retreating from world stage on many accounts and this will mean big changes in world markets. Initially it will be positive as it will be led by a imminent trade deal with China which could rip the equity markets higher and go to all time highs. But reality will set in later. Either ways, it makes no difference to us as our automated system is tuned for all kinds of markets.
Read full article... Read full article...
Tuesday, August 27, 2019
Dominoes Falling at Big Banks That Rigged Precious Metals Markets / Companies / Market Manipulation
The crooked precious metals trading department at JPMorgan Chase lost another man last week. Christian Trunz pleaded guilty to criminal “spoofing” of the markets and resigned from his position as an Executive Director with the bank.
The story mirrors that of John Edmonds, the Chase banker who pleaded guilty last October for rigging gold and silver prices.
Like Edmonds’ illicit trading activity, Trunz’s was pervasive. It spanned nearly a decade – from 2007 through 2016 – and involved many “thousands” of orders.
Read full article... Read full article...
Tuesday, August 27, 2019
Stock Market Setting Up A Break Down / Stock-Markets / Stock Markets 2019
For the last 8 years, I have been publishing my analysis publicly. Yet, I am still amazed at how the market follows the patterns we track almost perfectly, and how news seems to fit in within those patterns.
This past week, as we were expecting a market top, Mr. Powel and President Trump certainly provided the catalysts for the decline for which the market was setting up.
Now, for those of you that believe that the tariff news was the “cause” the decline, I again want to remind you that the same tariff war escalation seemed to have “caused” a 9% rally in 2018. I remember how many of you who commented to my articles during that uptrend noted how it did not make sense to you.
Read full article... Read full article...
Tuesday, August 27, 2019
4 Measures of Market Risk to Keep an Eye on / Stock-Markets / Stock Markets 2019
It wasn't a big surprise that President Trump commented earlier today that trade negotiations with China have reopened. Had he not done so, it would have led to further losses in the equities markets and potentially a significant technical break in the S&P 500.
The appetite for risk is back, the question is whether it is here to stay. Based on charts of some of the commonly traded assets in times of risk aversion, I think a case can be made that a bottom is in for risk appetite, or at least, we might be close to one.
Starting with equities, the S&P 500 has traded in a range for most of the month. Friday's decline had momentum behind it. As mentioned, the absence of Trump's comment earlier today would have likely led to a downside continuation.
Read full article... Read full article...
Tuesday, August 27, 2019
Is the Stock Market Bear Growling? / Stock-Markets / Stock Markets 2019
Current Position of the Market
SPX: Long-term trend – Finallong-term phase on the way? How much longer, is the question.
Intermediate trend – We have started a correction of intermediate nature.
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.
Read full article... Read full article...
Tuesday, August 27, 2019
Gold and Silver ADL Predictions Getting Ready For A Big Move / Commodities / Gold & Silver 2019
This weekend we thought we would share some really important data and charts with all of you precious metals bugs/traders (like us). You probably remember our October 5th, 2018 call in Gold that has set off an incredible series of events for all of us. We made a prediction that day that Gold would rotate higher from the $1200 level targeting the $1300 level, then stall and move lower to set up a “momentum base” near April 21~24 before accelerating much higher after June/July 2019. Our original research chart is shown below. But first, be sure to opt-in to our free market forecast newsletter
Read full article... Read full article...
Monday, August 26, 2019
S&P 500 Stock Market Index Must Bounce Here Or Hold On Tight! / Stock-Markets / Stock Markets 2019
The fragility of the markets can not be underestimated for investors at this time. Our research has continued to pick apart these price swings in the US stock markets and our July predictions regarding a market top and an August 19th (or near) breakdown price move have been SPOT ON. We’ve heard from hundreds of our members and followers regarding our research and predictive analysis work – many thanking us for our dedication to helping traders/investors. Some people, although, didn’t quite understand the message that we were trying to deliver.
So, in this message, we are going to try to make it very clear for everyone. But first, be sure to opt-in to our free market forecasts newsletter
First, we believe the US and Global markets are setting up for a broad price sell-off/reversion move. This means we believe the US and Global stock markets could move lower and contract by relatively large percent levels (15% to 25% or more) in the coming months.
Read full article... Read full article...
Monday, August 26, 2019
Gold In Pre-Recession World / Commodities / Gold & Silver 2019
The yield curve has inverted. It suggests that we are about one year before the recession. How should the yellow metal behave in such a period? We invite you to read our today’s article and find out how gold is likely to behave in the pre-recession world.
The yield curve has inverted. If its strong predictive power of the recession remains intact – in the previous part of this report, we presented strong arguments that this is really the case (or, that there are no strong evidence for a weakened predictive power) – it means that we should expect an economic slump around May 2020.
But what about gold? How should the yellow metal behave in a pre-recession world? To answer this trillion question, we analyzed the historical yield curve inversions and examined their impact on gold prices. We put the results in the table below.
Read full article... Read full article...
Monday, August 26, 2019
Huge Stock Market Rally Monday, Gold Drops? / Stock-Markets / Stock Markets 2019
It has been a while since I have posted. I believe after the huge stock market drop on Friday that we have even a bigger move up Monday like 4%. The mining shares GDX could fall 12%.
This is quite a prediction and a bit ball-zy I know, but my system (astro,cycle,wave,technical analysis) seems quite clear to me. It may be the G7 Meeting, it may be something else, but that is what I see.
The charts below of the SPX, GDX, GLD and SLV gives my perspective for the short term into Sept 3 for the stock market and out to 2024 for GDX, Gold and Silver.
As you can see, I believe this expected stock rally Monday will be termed a bear rally as I believe we should be near SPX 2424 by Sept 3. Yes, I’m looking for a crash. The Sun/Mars conjunction due Sept 2 and the numerous trines that weekend with all the astro-planetary dealings in Virgo dealings up until August 30 with the new moon and my current e-wave look, wow.
Monday, August 26, 2019
Stock Market Melt Down. See What Elliott Waves Are Showing / Stock-Markets / Stock Markets 2019
Hi Reader,
Just yesterday -- even this morning! -- it seemed that stocks were finally out of the woods.
But as I'm typing this...
Read full article... Read full article...
Monday, August 26, 2019
We’re Now Forecasting Sharply Higher Gold & Silver Prices Sooner… / Commodities / Gold & Silver 2019
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear some very interesting comments from a first-time guest, Jeffrey Christian of the CPM Group. Jeff talks about who’s been buying gold, and who hasn’t been – at least not compared to levels of a few years ago, tells us why they’ve moved up their price forecasts for gold and silver a couple of years, and also answers the question about whether or not he believes there is widespread manipulation in the precious metals markets. You’ll want to be sure to stick around for my conversation with Jeff Christian, coming up after this week’s market update.
As investors glean takeaways from the Jackson Hole symposium this week , gold and silver markets are bouncing off of some near-term technical support levels.
Read full article... Read full article...
Monday, August 26, 2019
FREE Parking at Lands End Cornwall! How to Avoid Car Park Charge / Personal_Finance / Travel & Holidays
If your going on holidaying in Cornwall or Devon then probably at the top of your must do list is a visit to Lands End, situated right on the very westerly tip of England. However parking at the landmark carry's a hefty £6 parking charge which in my opinion can be easily avoided as this video demonstrates the various spots on the drive down to Lands End where one can park for FREE! And these were spotted on a busy, sunny August day. So watch the video before you set off so you know where to park before the double yellow lines kick in.
Read full article... Read full article...
Monday, August 26, 2019
Olympus TG-5 Camera - How to Add Date and Time Stamp to Images / Personal_Finance / Technology
So your thinking of buyng an Olympus Tougj TG-5 waterproof camera or already own one and are wondering how to add a date and time stamp to images. We'll in this video we take a look at the camera's settting to explain how to do it for images on this camera.
Read full article... Read full article...
Sunday, August 25, 2019
If You Don’t Understand Bonds, You Don’t Understand Investing / Interest-Rates / US Bonds
The first thing I read about investing wasn’t actually a book. It was a pamphlet that I got somewhere, 23 years ago.
The pamphlet said you should invest in bonds as well as stocks. It said bonds went up when interest rates went down, and vice versa. It didn’t go into any more detail.
Well, I did what the pamphlet said, even though I had no idea what the hell I was doing, and I wouldn’t figure out for a few more years why it was a good idea.
I suspect a lot of people don’t take that advice on diversification simply because they don’t know what the hell they are doing.
Sunday, August 25, 2019
Gold's Next Move / Commodities / Gold & Silver 2019
Gold has drawn a lot of attention lately with its recent strong upward swing. But where it goes from here is what must subscribers are asking.
Let's look at the driving factors.
About 78% of all the gold mined is used for jewelry and industrial applications. The remaining 22% is used in financial applications.
Read full article... Read full article...
Sunday, August 25, 2019
Fresh Water Crisis Unfolding / Politics / Climate Change
When planetary scientists search for life on other planets the first thing they look for is evidence of water.
“There are two main questions in the search for life: With so many places to look, how can we focus in on the places most likely to harbor life? What are the unmistakable signs of life -- even if it comes in a form we don't fully understand?
"Before we go looking for life, we're trying to figure out what kinds of planets could have a climate that's conducive to life," del Genio said.
Del Genio recognizes that life may well exist in forms and places so bizarre that it might be substantially different from Earth. But in this early phase of the search, "We have to go with the kind of life we know," he said.
Further, we should make sure we use the detailed knowledge of Earth. In particular, we should make sure of our discoveries on life in various environments on Earth, our knowledge of how our planet and its life have affected each other over Earth history, and our satellite observations of Earth’s climate.
Read full article... Read full article...
Sunday, August 25, 2019
Trump Floats Payroll & Capital Gains Tax Cues to Forestall Recession / Politics / US Politics
Gold and silver markets test some near-term technical support levels late this week, investors are focused on takeaways from the Jackson Hole symposium.
Federal Reserve chairman Jerome Powell headlined a list of other central bankers, academics, and financial elites at the annual Wyoming gathering. Powell was widely expected to signal a rate cut ahead during his speech on Friday. But many on Wall Street and in Washington were hoping he would make a bigger, broader commitment to monetary stimulus.
For his part, President Donald Trump is urging the Fed to slash rates by 100 basis points.
On Tuesday, President Trump also said he would consider new tax cuts to stimulate the economy. The following day, he appeared to change his mind, saying we don’t need tax relief after all because “we have a strong economy.
Read full article... Read full article...