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

Saturday 30 September 2017


- He also said that the Washington lawmakers involved in Russia-bashing close their eyes to repeated meddling by the US in the internal affairs and electoral processes in many other countries. “I would like our government to talk about our involvement in campaigns, most recently in Ukraine

The anti-Russian hysteria was stirred up in the US to draw people’s attention away from real problems, Paul said, adding that he is more concerned about a crisis in US relations with Russia as well as US actions in Syria

Tuesday 26 September 2017


seems to be confirming a move down from 7300 resistance

Nasdaq update (see TAS setup,NDX post Sep 15)


  1. You don’t get something for nothing. A prosperous economy requires real work, real sacrifice (savings), and real investment.
  2. Real money represents real things – especially time. Real things are limited. Real money must be limited, too. If not, it is fake.
  3. Real money is earned by real people who produce goods and services of real value. Fake money is conjured up and controlled by insiders in the financial sector, and it is made available at preferential rates to other large Establishment players. Government (or, more broadly, the Deep State), big business, and Wall Street are the main beneficiaries.
  4. Since 1971, the U.S. has had fake money (not attached to gold). This has been the reserve currency of the entire world financial system. This has misled investors, voters, consumers, and businesses. It causes them to believe things that aren’t true – that they have almost unlimited credit, for example… that they can afford an expensive empire overseas and a costly welfare state at home… or that they can run up debts and grow their way out of them.
  5. As more and more of the nation’s resources are captured by fake money and directed into unproductive uses – consumption, bad investments, government, war, paperwork, and regulatory compliance – GDP growth, “real” (inflation-adjusted) wage growth, productivity growth, and other markers of genuine prosperity decline.
  6. All “wealth” created by fake money is fraudulent and/or temporary. Look for it to go back whence it came.
That is the background economic-monetary outlook.

We are in our fourth decade of the fake-money system. And its distortions and corruptions are now catching up to us.
It is a system that runs on credit, not on wealth. But the world’s credit is getting thin. Total world credit now exceeds $230 trillion, with about $60 trillion added since the debt crisis of 2008.
Since the output of the world is not enough to carry these debts – not to mention the promises made to future retirees – they will have to be offloaded, one way or another, either by bankruptcy (deflation) or more money printing (inflation).
That is the story we’ve been following for the last 18 years.
Meanwhile, there is also politics. It has wound itself about the economy’s neck like a python suffocating a jogger.

Sunday 24 September 2017

Thursday 21 September 2017

Cable gap fill

Gann's percentages rule applied to DGE


60m chart with 20,100 sma

Sunday 17 September 2017

more FTse charts.....weekly and an intraday


like FRES, ABX has an interesting triangle pattern

Dax interesting numerology

down 1080 and up 666.............and at fib retrace. Waiting for a sell  signal


to short such a strong move but one to watch for at least a short term signal given the over-extension from the 200



here is the bearish breakdown of the 13,26 week crossover I was looking for. In my opinion this is most likely a good long term sell signal against a close over  last week's highs

Friday 15 September 2017


6000 is an important number (1/6 of 3600) There are 3 tops here on the daily swing chart ,within a rising wedge pattern

and a TAS pattern offering a good R/R sell setup (not trading advice)

Thursday 14 September 2017

FTSE break down

looks like FTSE made its decision......ugly

bears need to see the break below 7300 is maintained and market should accelerate lower
huge triangle on Fresnillo

reaching decision point

Wednesday 13 September 2017


Tuesday 12 September 2017


break of 3rd fanline and wedge t/l would be very bearish.13 and 26 week ma converging,as discussed previously


Monday 11 September 2017

Ray Merriman astro thoughts

Now that Mercury has completed its retrograde cycle on September 5, we can focus upon a slew of new geocosmic signatures unfolding in the next three weeks that have historical correlations to reversals in financial markets. First, we note that Venus will be making a grand trine with Saturn and Uranus in fire signs, September 12-17. This is therefore a “translation” by Venus to the long-term 45-year Saturn/Uranus waning trine cycle that in the past has coincided with all-time highs in the U.S. stock market, followed by a significant decline. The Saturn/Uranus trine that correlates with this high takes place three times between December 2016 and November 2017, and when a faster moving planet is also involved, it can time important reversals in equity prices. Perhaps – just maybe - with Venus applying to the grand trine, Hurricane Irma will not be as devastating as newscasters and weather people are forecasting.

Another important geocosmic signature we will be watching closely is the third passage of the Jupiter/Uranus opposition on September 27. The first two passages (December 26 and March 2) coincided with a half-primary and full primary cycle crest respectively in the DJIA, followed by a multi-week decline. In fact, after the high of March 1, the DJIA commenced its longest decline of this year, so far. Given a two-week orb, this aspect has the highest correlation of all geocosmic signatures to the completion of primary cycles in U.S. stocks, according to the studies presented in The Ultimate Book on Stock Market Timing Volume 3; Geocosmic Correlations to Trading Cycles. Thus, I anticipate the next three weeks will be noteworthy for financial markets.

            I still keep in mind the great bull market that ended with the stock market high of September 3, 1929, followed by the Great Depression. As discussed before in this column, that was only 9 months into the term of Herbert Hoover, and the last time the country had a Republican-controlled White House, Senate, and House of Representatives. Furthermore, Hoover – like Donald Trump – was not a politician, but rather a successful businessman. He was also not very well-liked within his own party, like President Donald Trump today. The similarities between then and now may be building. Although the current all-time high in the DJIA was one month ago, on August 8, 2017, there was re-test (secondary high) to that high on the September 1, the last trading day preceding September 3. In fact, on September 1, the NASDAQ futures did make a new all-time high, and the very next week (last week), Donald Trump - the master deal-maker - angered many of his fellow Republicans by compromising with the Democrats in order to get aid to the victims of Hurricane Harvey and the debt ceiling increased – for three months (what a deal!). In spite of that bipartisan agreement (the Republicans did not want aid for Hurricane Harvey to be attached to the debt ceiling increase), the DJIA was down nearly 200 points last week. It is not enough to declare the bull market is over, but this is a situation that bears watching. After all, sometimes history does repeat itself in the strangest ways.

Sunday 10 September 2017


this article about Soros and Trump and The Deep State is old ,but interesting


Saturday 9 September 2017

we had 4 inside weeks....crash potential is very much alive imv

the market has to break 7300 support and the 200 dma first  though....

Thursday 7 September 2017

( the 200 dma is not on the chart but may offer support)

this is the "fast move setup" chart ,updated

NY cocoa

4th wave ?

Sunday 3 September 2017


As various pension plans around the nation take small steps towards facing reality, the entire state of Minnesota just woke up to the reality that a funding level of  53% on it’s state teachers’ pension fund equals only one thing: PONZI SCHEME.
From Zero Hedge
Defined Benefit Pension Plans are, in many cases, a ponzi scheme.  Current assets are used to pay current claims in full despite insufficient funding to pay future liabilities… classic Ponzi.  But unlike wall street and corporate ponzi schemes no one goes to jail here because the establishment is complicit.  Everyone from government officials to union bosses are incentivized to maintain the status quo…public employees get to sleep better at night thinking they have a “retirement plan,” public legislators get to be re-elected by union membership while pretending their states are solvent and union bosses get to keep their jobs while hiding the truth from employees.


short term trading signals are generated when the 2 period ema crosses the 8. The 34 period ema seems to contain price very well. Bearish until we can break back above the 34



bullish ....

bearish ...

obviously the chart has to break the support line and the 200 dma for the 2nd option to be on the table

 charts from Harry Dent,who is warning that the demographic profile of retiring baby-boomers is about to have a huge negatibe impact on house prices and the stockmarket.His work is foccused on the uS  but clearly the US is not alone in facing this issue

Saturday 2 September 2017

this is potentially a very bearish setup....as we know from hard experience of these bankster manipulated markets,bearish setups dont work as often as they would in more normal environment,nevertheless.....

Friday 1 September 2017


this is the "phases" chart I posted a few weeks back....MA's now bullish and broke out above consolidation so I thi nk this is most likely early in a new bull phase