Do you really live in the Land of the Free and the Home of the Brave? Check out Martin Armstrong’s
story and then decide. The movie is coming out in Europe shortly.
Here’s the trailer. People are fed up with the Government’s corruption
and encroachment on individual rights. Government is collapsing now as a
result of promising too much and now the bill has to be paid and
there’s no money left to pay it.
Switzerland’s referendum is coming up and Martin believes that the
danger of not passing it is more dangerous because it will result in the
sale of the remainder of the Swiss gold reserves.
Big Bang coming in the Sovereign Debt Crisis in 2015.75 so watch out!
The Euro is doomed. Once one of the weaker countries splits off, it’s
over. The UK is being pushed away and this will trigger the crisis along
with Japan’s crisis.
Our current pension system is based on the Roman pension system which
was 20 years and out. It happened then and it’s happening now. The
Romans had to cut back and we’re cutting back now. Rome was just Detroit
on steroids.
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Monday, November 17, 2014
Oil, Other Commodities Will Be in the Dumps for Another Decade
The ‘supercycle’ that drove commodities higher has now reversed
by Howard Gold
Market Watch
Remember the commodities supercycle, that seemingly endless 2000s commodities boom? It drove oil, gold, copper and other commodities to record levels.
The supercycle was driven by exploding demand from China and other emerging countries, supply bottlenecks caused by years of not developing wells and mines, and rock-bottom interest rates that inflated demand for hard assets all around the world.
But now gold, oil and other commodities are well off their peaks, so far off, in fact, and for so long that they can only be described as in a supercycle in reverse, or a secular bear market.
If that’s true — and I’m pretty sure it is — investors who piled in to commodities are in for a bruising decade ahead unless they take profits or cut their losses.
Continue Reading at MarketWatch.com…
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by Howard Gold
Market Watch
Remember the commodities supercycle, that seemingly endless 2000s commodities boom? It drove oil, gold, copper and other commodities to record levels.
The supercycle was driven by exploding demand from China and other emerging countries, supply bottlenecks caused by years of not developing wells and mines, and rock-bottom interest rates that inflated demand for hard assets all around the world.
But now gold, oil and other commodities are well off their peaks, so far off, in fact, and for so long that they can only be described as in a supercycle in reverse, or a secular bear market.
If that’s true — and I’m pretty sure it is — investors who piled in to commodities are in for a bruising decade ahead unless they take profits or cut their losses.
Continue Reading at MarketWatch.com…
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The Chart of the Day: O'Reilly Automotive (ORLY)
The Chart of the Day belongs to O'Reilly Automotive (ORLY). I found the stock by sorting the All Time High list for
the most frequent new highs in the last month then used the Flipchart
feature to review the charts. Since the Trend Spotter signaled a buy on
10/20 the stock gained 17.21%.
O'Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both ``do-it-yourself`` customers and professional mechanics or service technicians. O'Reilly stores carry an extensive product line consisting of new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, and brake shoes and pads, maintenance items, such as oil, antifreeze, fluids, engine additives and appearance products, accessories, such as floor mats and seat covers.
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O'Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both ``do-it-yourself`` customers and professional mechanics or service technicians. O'Reilly stores carry an extensive product line consisting of new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, and brake shoes and pads, maintenance items, such as oil, antifreeze, fluids, engine additives and appearance products, accessories, such as floor mats and seat covers.
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Laredo Petroleum Inc (NYSE: LPI)
Laredo Petroleum, Inc. operates as an independent energy company in
the United States. It focuses on the exploration, development, and
acquisition of oil and natural gas properties primarily in the Permian
region of west Texas. As of December 31, 2013, it had interests in the
202,084 net acres in the Permian Basin, and 50,000 net acres in the
Dalhart Basin, Texas Panhandle, as well as had a total proved reserves
of 203,615 thousand barrels of oil equivalent.
Take a look at the 1-year chart of Laredo (NYSE: LPI) below with my added notations:
LPI has formed a relatively clear up-channel chart pattern over the last month. A channel is simply formed through the combination of a trend line support that runs parallel to a trend line resistance. When it comes to channels, remember that any (3) points can start the channel, but a 4th point or more confirms it. You can see that LPI has several points of channel resistance and support (blue).
The Tale of the Tape: LPI has formed a small up-channel. A long trade could be entered on a pullback down to the channel support, or on a break through the channel resistance, which is currently sitting near $20. Short opportunities would be on rallies up to channel resistance or on a break of channel support.
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Take a look at the 1-year chart of Laredo (NYSE: LPI) below with my added notations:
LPI has formed a relatively clear up-channel chart pattern over the last month. A channel is simply formed through the combination of a trend line support that runs parallel to a trend line resistance. When it comes to channels, remember that any (3) points can start the channel, but a 4th point or more confirms it. You can see that LPI has several points of channel resistance and support (blue).
The Tale of the Tape: LPI has formed a small up-channel. A long trade could be entered on a pullback down to the channel support, or on a break through the channel resistance, which is currently sitting near $20. Short opportunities would be on rallies up to channel resistance or on a break of channel support.
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Earn 8% in Real Estate Without Being a Landlord: APTS, IRT
Back in July, I suggested that the financial situation of the
so-called millennial generation was far more precarious than many
thought.
Turns out, I was right.
In fact, according to Moody’s data cited in a recent Wall Street Journal article, the savings rate for adults under 35 is currently negative 2%, after having trended lower for the past several years. (more)
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Turns out, I was right.
In fact, according to Moody’s data cited in a recent Wall Street Journal article, the savings rate for adults under 35 is currently negative 2%, after having trended lower for the past several years. (more)
Please share this article
US Weekly Economic Calendar
time (et) | report | period | ACTUAL | CONSENSUS forecast |
previous |
---|---|---|---|---|---|
MONDAY, NOV. 17 | |||||
8:30 am | Empire state index | Nov. | 10.5 | 6.2 | |
9:15 am | Industrial production | Oct. | 0.2% | 1.0% | |
9:15 am | Capacity utilization | Oct. | 79.3% | 79.3% | |
TUESDAY, NOV. 18 | |||||
8:30 am | Producer price index | Oct. | -0.1% | -0.1% | |
10 am | Home builders' index | Nov. | 55 | 54 | |
WEDNESDAY, NOV. 19 | |||||
8:30 am | Housing starts | Oct. | 1.03 mln | 1.02 mln | |
2 pm | FOMC minutes | ||||
THURSDAY, NOV. 20 | |||||
8:30 am | Weekly jobless claims | Nov. 15 | 281,000 | 290,000 | |
8:30 am | Consumer price index | Oct. | -0.1% | 0.1% | |
8:30 am | Core CPI | Oct. | 0.2% | 0.1% | |
9:45 am | Markit flash PMI | Nov. | -- | 55.9 | |
10 am | Existing home sales | Oct. | 5.13 mln | 5.17 mln | |
10 am | Philly Fed | Nov. | 18.5 | 20.7 | |
10 am | Leading indicators | Oct. | -- | 0.8% | |
FRIDAY, NOV. 21 | |||||
None scheduled |
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