Wednesday, August 31, 2016
Unknown Voluntary Servitude and the Creature from Jekyll Island / Politics / Social Issues
Here's a long debated topic. Should we leave the creation of new money in the hands of bankers or place its creation solely with our government?
Let's try and answer it.
The Creature from Jekyll Island
On the night of November 22, 1910 a delegation of the nation's leading financiers, led by Senator Nelson Aldrich, left New Jersey for a very secret ten day meeting on Jekyll Island, Georgia.
Aldrich had previously led the members of the National Monetary Commission on a two year banking tour of Europe. He had yet to write a report regarding the trip, nor had he yet offered any plans for banking reforms.
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Wednesday, August 31, 2016
Why the Convoluted Message From Yellen? / Interest-Rates / US Interest Rates
Why the tough talk out of one side of her mouth and ‘other policy tools’ language out of the other (ref. Yellen Lays Out Tools… )? Oh, I don’t know. Maybe it has something to do with this…
The stock market has merrily followed money supply aggregates upward since 2009. When money supply decelerates the market corrects. When money supply ramps upward the market ramps upward. Money supply has been rolling over since 2014, which was not coincidentally when the first tremors began for the stock market in its recently completed top (that wasn’t). From SlopeCharts…
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Tuesday, August 30, 2016
King of Debt vs. Queen of Deficits / Interest-Rates / US Debt
The Congressional Budget Office (CBO) estimates the total deficit for fiscal 2016 will be $590 billion. This is $152 billion (34%) greater than the shortfall posted in fiscal year 2015. And by 2026 the deficit would be considerably larger as a share of the nation’s output (GDP) than its average over the past 50 years.
In addition to this, debt held by the public would rise significantly from its already high level, reaching 86% of GDP by 2026.
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Tuesday, August 30, 2016
It’s Official: The Global Real Estate Bubble is Finally Bursting! / Housing-Market / UK Housing
It’s official.The global real estate bubble is bursting.
After imposing a hefty 26% tax on foreign buyers, and a 12% to 16% surcharge for buyers who flipped their house between one and two years, Singapore real estate has declined 21.5%.
Vancouver has taken similar measures, and – surprise, surprise – its real estate is down 24% in just five months!
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Tuesday, August 30, 2016
The Influx of Female Professionals is Changing Consumer Spending / Economics / Demographics
I recently dropped off my youngest at college for her freshman year. She’s finally free of the prison rules of high school, and can explore life as a young adult. I’ve given her a few pointers. OK, maybe a few thousand tips on what to do and what to avoid over the next four years.I think I’m qualified. Her two older siblings are navigating college life just fine, with no police records and their online dignity still intact. I’m sure our parental guidance had a lot to do with this… or at least a little something.
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Tuesday, August 30, 2016
7 Things to Remember When Inflation Returns / Economics / Inflation
The problem for much of the global economy since the Financial Crisis of 2008 has been a lack of inflation. The banking system seized up, and loans were hard to come by for a couple of years. This shock hurt economic growth and knocked inflation down to near zero. Many major economies were hit with outright deflation.
In response, global central banks—including the US Federal Reserve—began a massive series of stimulus programs. The goal was to help their national economies get back on track. But, the results have been mixed. The US economy is one of the few to show signs of life over the last year or so.
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Tuesday, August 30, 2016
The Next Monetary Experiment - Japan Prepares To Buy Pretty Much Everything / Stock-Markets / Trading Systems
For most of the world, the past decade’s monetary and fiscal experiments are viewed as failures. See, for instance, French support for the EU project crumbling on both left and right and Why were smart people suckered by Abenomics?
So what do the best and brightest now running global economic policy do when their experiments don’t work? Apparently they double down, repeating the experiment with an even bigger dose. In Japan:
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Tuesday, August 30, 2016
The Pro Hillary Supporter Challenge / ElectionOracle / US Presidential Election 2016
As Labor Day approaches, the serious presidential campaign heats up. This cycle presents a truly clear and definitive choice. Hillary Clinton is the embodiment of the crony establishment. Donald Trump is the antithesis of the status quo and business as usual. Forget all the distractions. It is the final grudge match: Globalism One World Order vs. America First Populism and National Sovereignty. BREAKING ALL THE RULES would like to dare any staunch admirer of Hillary Clinton to present their case why she deserves to become POTUS.
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Tuesday, August 30, 2016
Could The Internet Be Set To Be Shut Down On The Eve of Jubilee, October 1st? / Politics / Internet
Ever since we caught on to the Shemitah timetable that Jonathan Cahn had discovered, we’ve discovered clue after important clue about the potential timetable being followed by the globalists towards creating a New World Order.
Christine Lagarde, with her “magic number 7” numerology speech caught our interest. Then, William White of the IMF talking about how a debt jubilee was coming which will wipe out most paper assets also got our attention.
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Tuesday, August 30, 2016
Semiconductor Stocks Sector, Updated / Companies / Tech Stocks
We have been using the Semis as a one of several economic signposts, and as an investment/trading destination since the Semi Equipment ‘bookings’ category in the Book-to-Bill ratio began to ramp up several months ago. But those who say that Semiconductors are subject to pricing pressures are correct. It is a segment in which people need to be discrete with their investments. NFTRH 410 updated some details about this market leader.
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Tuesday, August 30, 2016
Stagflation to Force People into Gold / Commodities / Gold and Silver 2016
Mike Gleason: It is my privilege now to be joined by Michael Pento, president and founder of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the US Debt Market. Michael is a money manager who ascribes to the Austrian school of economics and has been a regular guest on CNBC, Bloomberg, and Fox Business News, among others.
Michael, it's good to talk to you again. Thanks very much for joining us today and welcome back.
Michael Pento: Thanks for having me back on.
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Tuesday, August 30, 2016
Late-August Calm a Breeding Ground for Gold Bullion Bank Shenanigans / Commodities / Gold and Silver 2016
Precious metals specialist discusses the recent correction in the gold market and the moves by bullion banks behind them.
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Tuesday, August 30, 2016
Correction in Gold and Silver Price Underway / Commodities / Gold and Silver 2016
Technical analyst Jack Chan charts a correction in the gold and silver markets and plots his investment strategy.
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Tuesday, August 30, 2016
Big Gold Rally This Week, Stocks Down? / Commodities / Articles
Last week, I wrote that I believed GDX would make one final blow-off top into or around September 1. I also wrote that the stock market looked too hard to trade at this point. When the SPX dropped to below 2161 on Friday we went long via SPXL and SVXY. Today (8/29) we sold for some nice profits (+2.8% and +5.5%).
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Tuesday, August 30, 2016
Stock Market Long View / Stock-Markets / Stock Markets 2016
You may have noticed that I have used two different Orthodox Broadening top trendlines. Both work, but for different reasons. The top one shows maximum resistance where the SPX has not been able to overcome it, while the lower one shows support, which has been broken in the past and appears to be challenged again today.
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Monday, August 29, 2016
The Power of Price Spikes On Intraday Charts / Stock-Markets / Stock Index Trading
Last week ended on a very positive note for those who follow and trade filtered price spikes.
What is a filtered price spike? In short, I scan pre-market, and post-market trading hours’ price charts of SPY, QQQ, IWM, GLD, and GDX for a very special odd tick in the market which creates a spike on the chart.
These spikes could be to the upside or downside, does not matter. What they tell me is the direction which the market (market makers) are going to try and move the market in then next 48 hours.
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Monday, August 29, 2016
Fundamentals for Uranium look great; is the Uranium Market ready to soar? / Commodities / Uranium
A genius can't be forced; nor can you make an ape an alderman. Thomas Somerville
By any estimate, the uranium market is trading in the extremely oversold ranges, but when the trend is down, a market can trend into the extreme of extremely oversold ranges, and we have seen this occur many times in the past. The 15-year chart illustrates that the next layer of support comes into play in the $21.50-$22.00 ranges, so despite being extremely oversold the market still has room to trend lower. One positive is that the trend is about to turn neutral and if it does it would be the first move into the neutral zone in a very long time.
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Monday, August 29, 2016
President Obama To Leave $20 Trillion Debt Crisis For Clinton Or Trump / Interest-Rates / US Debt
President Obama is set to leave a massive near $20 trillion debt crisis for his successor – be that Hillary Clinton or Donald Trump.
The U.S. national debt reached $19.5 trillion last week and has been increasing by roughly $1 trillion a year during his Presidency and during the so called “recovery” as the U.S. government continues to spend money like a drunken sailor.
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Monday, August 29, 2016
Stock Market No Clear Short-Term Direction, Will It Continue Higher? / Stock-Markets / Stock Markets 2016
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, August 29, 2016
The Right Lessons from Obamacare's Meltdown / Politics / Healthcare Sector
The decision of several major insurance companies to cut their losses and withdraw from the Obamacare exchanges, combined with the failure of 70 percent of Obamacare's health insurance "co-ops," will leave one in six Obamacare enrollees with only one health insurance option. If Obamacare continues on its current track, most of America may resemble Pinal County, Arizona, where no one can obtain private health insurance. Those lucky enough to obtain insurance will face ever-increasing premiums and a declining choice of providers.
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