http://www.zerohedge.com/news/2013-07-31/financial-system-doesnt-just-enable-theft-it-theft
Wednesday 31 July 2013
Tuesday 30 July 2013
http://www.theguardian.com/commentisfree/2013/jul/29/poll-nsa-surveillance-privacy-pew
quote :
"If I had to pick the most astonishing aspect of this episode so far, it would be that everyone now knows that the Obama administration's top national security official, Director of National Intelligence James Clapper, outright lied to the Senate about NSA programs. And yet - as I said on ABC yesterday morning - not only isn't he being prosecuted for that crime - as much of a crime as anything Edward Snowden is accused of doing - but he still has his job. That, of course, is because the "law" does not apply to high-level Washington officials and DC's National Security State is an accountability-free zone. But the law that makes Clapper's behavior a felony is clear and concise, and can be read here."
quote :
"If I had to pick the most astonishing aspect of this episode so far, it would be that everyone now knows that the Obama administration's top national security official, Director of National Intelligence James Clapper, outright lied to the Senate about NSA programs. And yet - as I said on ABC yesterday morning - not only isn't he being prosecuted for that crime - as much of a crime as anything Edward Snowden is accused of doing - but he still has his job. That, of course, is because the "law" does not apply to high-level Washington officials and DC's National Security State is an accountability-free zone. But the law that makes Clapper's behavior a felony is clear and concise, and can be read here."
this is gold with the 600 point range from 1800 to 1200 circle numbers and a yearly cycle off the high and Gann angles.The arrows are just a guess of one possible roadmap based on the cycles,angles and my thought that any bottom would likely be some kind of IHS
Sticking with Gann's circle numbers if we take the range from the high as 720 (approximating 1920-1200) and convert it to time this is 2 years (720 degrees time) which could give a time pivot in early September.
These are NOT forecasts,just my best guess at a roadmap at the current time and a bit of fun :-)
Sticking with Gann's circle numbers if we take the range from the high as 720 (approximating 1920-1200) and convert it to time this is 2 years (720 degrees time) which could give a time pivot in early September.
These are NOT forecasts,just my best guess at a roadmap at the current time and a bit of fun :-)
Monday 29 July 2013
Sunday 28 July 2013
Saturday 27 July 2013
Friday 26 July 2013
Japanese kiss benefits of price stability goodbye: item by item, prices of consumer goods are going up, anywhere from soaring to creeping. On one end of the price increase
spectrum are digital cameras (up 61%), TVs (up 33%), Windows 8 PCs (up
23%) from their lows of 2012, on stagnating sales volume! On the other
end of the spectrum, leading dairy products maker Meiji announced that
it would raise prices on 16 milk products
by 1% to 4% on October 1. Raw-milk prices, negotiated between producers
and buyers every fiscal year, will increase by ¥5 per kilogram at the
same time. Meiji’s competitors are expected to match those price
increases. Missing link in this equation: wage increases. But somebody
has to pay for Abenomics.
(from Testosterone Pit)
Is this the future for all of us ?
(from Testosterone Pit)
Is this the future for all of us ?
Thursday 25 July 2013
Wednesday 24 July 2013
http://www.peakprosperity.com/insider/82432/bankers-own-world
some interesting stuff on concentration of power in the corporate world.Recall Ron Paul's speech where he claimed the US was turning into a "corporate fascist state"
"Today the top fifty companies in the 'super-entity' list of 147 from the above study is concerning. Out of the fifty, 17 are banks, 31 are an assortment of investment, insurance, and financial services companies, and only 2 are non-financial companies (Walmart and China Petrochemical)"
some interesting stuff on concentration of power in the corporate world.Recall Ron Paul's speech where he claimed the US was turning into a "corporate fascist state"
"Today the top fifty companies in the 'super-entity' list of 147 from the above study is concerning. Out of the fifty, 17 are banks, 31 are an assortment of investment, insurance, and financial services companies, and only 2 are non-financial companies (Walmart and China Petrochemical)"
Trader Dan...gold and "Washington crap"
I do think a decent correction is imminent but this is a good quote (from Trader Dan) to bear in mind
"As long as the US Dollar is the whipping boy of the Forex markets, as it has been of late, bears will have their work cut out for them. We might very well be seeing the market shift back to focusing on the budget battle once again in the US. The government will be up against its borrowing limit soon and that means more of the usual crap that comes out of Washington.!
http://traderdannorcini.blogspot.co.uk/2013/07/late-session-surge-in-gold-conquers-50.html
"As long as the US Dollar is the whipping boy of the Forex markets, as it has been of late, bears will have their work cut out for them. We might very well be seeing the market shift back to focusing on the budget battle once again in the US. The government will be up against its borrowing limit soon and that means more of the usual crap that comes out of Washington.!
http://traderdannorcini.blogspot.co.uk/2013/07/late-session-surge-in-gold-conquers-50.html
Tuesday 23 July 2013
“An international monetary system dominated by a single sovereign
sovereign currency has intensified the concentration of risk and the
spread of the crisis.” — People’s Bank of China (2009)
It should go without saying that China and Russia have designs to end the U.S. Dollar hegemony free ride. This is fundamental to understand and will be a game changer. The impacts on the standard of living of these players will be profound and especially negative for the U.S. How and in what manner this plays out is the question. I strongly believe that the answer lies in two parts: letting the U.S. put a noose around its own neck and then at the appropriate time, kicking the chair out from under it.
http://www.zerohedge.com/contributed/2013-07-22/china-maneuvers-take-away-us%E2%80%99-dominant-reserve-currency-status
It should go without saying that China and Russia have designs to end the U.S. Dollar hegemony free ride. This is fundamental to understand and will be a game changer. The impacts on the standard of living of these players will be profound and especially negative for the U.S. How and in what manner this plays out is the question. I strongly believe that the answer lies in two parts: letting the U.S. put a noose around its own neck and then at the appropriate time, kicking the chair out from under it.
http://www.zerohedge.com/contributed/2013-07-22/china-maneuvers-take-away-us%E2%80%99-dominant-reserve-currency-status
Monday 22 July 2013
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