It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford

Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin

The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Monday 30 June 2014



Fridays bear power candle negates the bull set-up I posted.We should head lower to support levels mentioned in earlier posts



Sunday 29 June 2014


Friday 27 June 2014

Annie Machon MI5 whistleblower on ISIS/Iraq

End the Fed !


http://worldinvestmentstrategy.com/2013/12/20/novdec-world-investment-strategy/#more-491   Robin Griffths blog
big reversal on the Nikkei,macd seems to confirm sell signal

Ending diagonal on SPX ? Chart from Richard,at Danerics


wow....this is huge if it goes through...I'm really surprised the banksters haven't been able stop this.

NY Coffee

Wednesday 25 June 2014

The divergences chart posted on Monday seems to be working out,with a potential double top pattern in play

yesterday's shooting star candle took out 3 previous lows


thanks to Wile for this link


Ftse has gapped down from yesterday's bear setup

A US and a UK homebuilder

Ron Walker fractal

Ron Walker fractal weekly chart based on 2000 and 2007 tops  (see the Chartpatterntrader public list at Stockcharts)

Thanks to meds at FireAngelMaverick's blog for this

Tuesday 24 June 2014

bearish twin towers on the 2 hour (Dow looks weaker with double top)


OJ double top ?

Monday 23 June 2014



" If you go back 40 years ago, total debt in America was sitting at about 2.2 trillion dollars. Somehow over the past four decades we have allowed the total amount of debt in the United States to get approximately 27 times larger."

hmmmmm  when did we come off the gold standard  ?   :-)


Sunday 22 June 2014

a couple of bank charts



Resistance at the 50% retracement of the major range,around 25


high volume bearish candle


Saturday 21 June 2014

1,707 is where C= 0.618 x A


Friday's candle was a bearish engulfing shooting star


Gold and silver gave long-term buy signals this week,with invalidation under the weekly low.Hopefully the 30 week moving average will be good support for a new bull trend off the triple bottom

Friday 20 June 2014

watching TSI for a bear cross.


Thursday 19 June 2014


And so we have a series of geniuses: Greenspan who said that the very concept of a national housing bubble in the US was impossible just as the national housing bubble was inflating to monstrous proportions; Bernanke who said that the consequences of sub-prime lending were “contained” just as the consequences of subprime lending were eating up the banks from the inside out; and Yellen who now told us that complacency is nothing to worry about.
So we sally deeper into the Yellen era, which is the same as the Bernanke era, in that the Fed – and other central banks, for that matter – is the only thing worth looking at. Central banks rule. Practically nothing else matters. Metrics and ratios are just for decoration. Markets as a means of price discovery no longer exist.

Wednesday 18 June 2014

Thanks to Wile for this link

Tuesday 17 June 2014


"It is true that the world and humanity face major problems that must be addressed — even in terms of pseudo-capitalists exploiting the population via government to benefit themselves. The root of those afflictions, though, has been deliberately misdiagnosed by the bigwigs who met in London. The prescriptions offered at the Rothschild summit will only lead to more exploitation, more tyranny, more centralized and less accountable government, more unearned wealth for the establishment, and more human misery. What humanity really needs are freer markets, honest money as opposed to cartel-owned central-banking scams, honest government, more freedom, more faith, and respect for individual rights"

Monday 16 June 2014


bearish followthrough on FTSE.I am bearish so long as it remains below the 50 dema

Sunday 15 June 2014



From previous postings it will be recalled that 35 to 70 was a 100% and we appear to have come back up for a 3rd test,could develop into a head and shoulders pattern ? Soros has sold his bank shares.


Saturday 14 June 2014


Ftse250- Top could be in

I believe we have probably seen the top in Ftse250

a "double 3" pattern ie 2 three pivot tops so potential for a fast move down

Thursday 12 June 2014

Measured moves on NYSA,chart by ZigZag   https://twitter.com/zigzag_23


"In 1977, the Bank set up a wholly owned subsidiary called Bank of England Nominees Limited, (BOEN), a private limited company, with 2 of its 100 £1 shares issued. According to its Memorandum & Articles of Association, its objectives are:- “To act as Nominee or agent or attorney either solely or jointly with others, for any person or persons, partnership, company, corporation, government, state, organisation, sovereign, province, authority, or public body, or any group or association of them….”

Bank of England Nominees Limited was granted an exemption by Edmund Dell, Secretary of State for Trade, from the disclosure requirements under Section 27(9) of the Companies Act 1976 , because, “it was considered undesirable that the disclosure requirements should apply to certain categories of shareholders.” The Bank of England is also protected by its Royal Charter status, and the Official Secrets Act.

In other words, you and I are not allowed to know who the shareholders are who own the company which carries out Central Banking in the UK. Some people say that Mandelson's buddies, the Rothschilds are major shareholders. Also the Queen. But the information is secret. We are not allowed to know."


Wednesday 11 June 2014


Approaching range equality in price and time. 1x4 is defining the uptrend.


Tuesday 10 June 2014


I dont know if it will pan out like this but I do believe that next time it regains the 200 dma UK investors need to be holding gold.........there is a huge dichotomy between MSM enthusiasm for the "recovery" and the real state of things,especially if Jim Willie is even half right (see video in previous post)

really interesting stuff from Jim Willie......


The combination of central banking, macro-economic theories, ambitious bureaucracies and gullible politicians has created a century of chronic and massive currency depreciation. The consequence has been a series of dislocating asset inflations. Initially, the Fed's job definition was to prevent financial convulsions that precipitated recessions. There have been 18 bear markets and recessions since the Fed opened its doors in 1914.
Despite the sorry record, the establishment has never doubted the perfection of the Federal Reserve System. On the inevitable Classic Crashes such as in 1929, the Fed was not criticized but those running it got the blame. Blame the guy, not the system.


Monday 9 June 2014


w5 is not quite equal to w1 yet,an overthrow and reversal would be a good signal


" According to The Independent on Sunday, a new study of the bank, which brought the UK to the brink of financial ruin, reveals RBS still has a £100 billion “black hole” in its finances due to “five broad areas of alleged criminality and wrongdoing”.
Financial journalist Ian Fraser, who wrote Shredded: Inside RBS, The Bank That Broke Britain, said: “The result has been that, at the time of writing, RBS is probably a worse bank than it was under Fred Goodwin.”   "



Sunday 8 June 2014

idealised projection for FTSE :-)

Korelli's chart here



"New highs in small caps, new highs in leverage, a reversal out of defensive sectors and assets, and/or repairs to volume and breadth would make me abandon that ‘best fit’ and conclude that the sun is not yet done with its speculation incitement. Whilst I can’t rule out a more definitive, crazy parabolic to erupt here, as has been typical at historic solar maxima, I just doubt it because of the lack of demographic support combined with the levels already reached in the likes of margin debt, rydex, valuations, investors intelligence and more. If a sharp terminal up-leg can actually occur from here on continued low volume, without the need for a stream of new buyers, then it would be a game of confidence in which the fear of losing out on stellar gains drives prices higher in a feedback loop despite participants knowing it is manic and unsustainable. If that were to occur then it would make the ultimate correction even bigger, but prior to that it would be a challenge to both bulls and bears: play the danger or suffer the drawdown. What seems clear though from history is that leverage would need to accompany such rises, and it appears that leverage already peaked out. However, there is a possible middle path, in which prices can eek out some more gains in June/July whilst not straying too far and honouring most of the above."

John Hampson
Murrey Math and Gann angles

This shows that Amazon ran up 10 times,from 40 to 400,a 360 point move

misc charts

8.00 is 50% of the high