Now The Losers Want a 2nd Referendum To Overturn BREXIT


A petition has circulated gained they claim 1 million signatures to overturn BREXIT and hold a second referendum. Of course they will do a far better job at rigging this one if it goes through. Such people deserve what they petition for and should surrender the pound and the Queen. They have zero idea of what is coming from Brussels but this is playing into the hands of Cameron no doubt and the rest of the establishment. They assume government will survive. They are clueless that Brussels will collapse as we move forward.

“Cold Anger” They’re Still Not Getting It – The Brexit Media ‘Splodey Heads Continue…


The global elites now associate only with their own kind and modern transportation and the web makes it easy for them to create a society of evil people with lots of power and money. They will do or say anything to maintain their potion in life they are the modern version of the old royalty and the play by the rules promoted me Thomas Hobbes in his 1651 book Leviathan justifying having a monarchy as a ruling class. This is what they want after all as we are only the vulgarians which must be put in our place.

Dow – Down & Dirty?


DJIND-W 6-25-2016

The Dow has been bouncing off the Reversals as well. Despite being above 17800, it would fail to close above that. The question becomes WHEN will the Dow breakout to test new highs with the next target zone in the 21,000 to 23,000 area? With the closing on Friday below the first Minor Weekly Bearish at 17434, the Dow should move a bit lower now to test the 17120 level. We have a serious gap there after both technically and on our Reversal system. We can yet see a thrust to test the 15000 zone before turning back up again. The numbers tell us when the big moves will come. But we need not move down that far. We can hold technically the 16900 level, fail to elect any reversals, and the flip back up.

The key to all the markets is CONFIDENCE. We are witnessing a global revolution against career politicians. BREXIT is the first of four critical elections we have been warning about. There is no real chance of a major stock market crash because retail participation (both domestic and foreign) is at historic lows. There is no retail market that would panic. The “professionals” are baffled trying to figure this mess out watching the Fed and reading headlines. More hedge funds are closing because performance is collapsing. Opinion really drives the bulk of investment and nobody is getting this right because there is nobody who has ever lived during such a period. Those in search of guru will lost everything. The ONLY way to trade this mess is DISPASSIONATELY and just go by the numbers. The market is the only one that is never wrong.

Sling-Shot Move

 

Sling-Shot-RThe slingshot is coming. These four elections will change the perspective of government for the next few decades. Those in power will fight back tooth and nail. You can see it. Republican Elite hate Trump just as the Democratic Elite hated Bernie. Both represented upsetting the apple cart. Nevertheless, we are looking at a serious issue here. The slingshot comes WHEN everyone realizes the future will not be anything they dreamed of. The negative interest rates are destroying pension funds, Central banks have lost control and credibility, and socialism is dying very hard because government is consuming the bulk to fund its own pensions. The slingshot comes when people realize governments are collapsing. Then there will be the mad rush into all private assets.

The Impact of BREXIT on the EU


Euro-Symbol

The true impact, on Britain and on Europe, will start to become visible rather quickly.  It is absurd to think that anything has to change in respect to trade between the EU and Britain. What this  means is really that Britain will not be subservient to Brussels and would be in the same position as the United States. However, our sources are telling us that the EU will try to punish Britain, as they did the Greeks, for having the audacity to reject their superiority. This may become more of a nasty divorce where when a couple moved in together the wife hated his lucky lazy-boy to watch games. In divorce, it will cost him $50,000 in legal fees to get the lazy-boy back that she threatened to throw out many times. NATO is nothing without Britain. Indeed, Europe is incapable of defending itself without Britain and the USA.

The Scottish are threatening to hold their own referendum to separate from the UK and remain in the EU. That too is insanity. Sottish independence is one thing. To remain in the EU is to surrender their independence and become subservient to Brussels. Ireland wants a referendum to unite North and South. That will probably only result in civil war. Britain should step out and let them duke it out.

When the markets crash in Europe as Brussels tries to outlaw short selling to prevent markets to go against the politicians, this means that Britain will remain as the place to do business and Euro will suffer. The banks were just doing what the establishment told them to do. The threats that banks would leave makes no sense whatsoever.

Meanwhile. the arrogance and threats of Obama who told the Brits back in April they had to go “to the back of the queue” and would not be able to strike a trade deal with America “any time soon” if it leaves the European Union, has shown just what politicians have become – buffoons who will say anything to win the moment. Now Obama said: “The people of the United Kingdom have spoken, and we respect their decision. The special relationship between the United States and the United Kingdom is enduring, and the United Kingdom’s membership in NATO remains a vital cornerstone of U.S. foreign, security, and economic policy.” He continued: “The United Kingdom and the European Union will remain indispensable partners of the United States even as they begin negotiating their ongoing relationship to ensure continued stability, security, and prosperity for Europe, Great Britain and Northern Ireland, and the world.”

Vice President Joe Biden said: “I must say we had looked for a different outcome. We would have preferred a different outcome … but the United States has a long-standing friendship with the United Kingdom and that very special bond will endure.”

So much for go to the bank of the queue. There are trade agreements already in place with Britain. Nothing new needs to be negotiated.

Poll – Best Candidate For Investor Confidence: Trump 50%, Clinton 33%…


The problem that Hillary has — actually several problems is that she is fighting the wrong war and even if it was fighting the right war she is no general and then she has no personality so everything has to be scripted. So personally I’d say it’s three strikes and you are out.

The Contagion Begins


 

3-FOREX

Brussels will try to now punish Britain as they punished the Greeks for daring to vote against them. Our sources are already saying the attitude behind the curtain is turning nasty as in how dare those “limies” vote to leave. The derogatory remains off camera are telling. Brussels will try to be hard on the Brits because there are already movements to enter referendums to leave the EU surfacing in the Netherlands, France and the Northern League in Italy. Indeed, the Brits just slapped the face of those elitists in Brussels who refuse to see they are ever wrong. It is always everyone else’ fault. The entire EU project has gone way too far. It is no longer about trade – it is an autocratic anti-democratic establishment hell bent on federalizing Europe.

‘Splodey Head Friday – The Vulgarian’s Cheer, The Ruling Class Jeers…


I agree except about calling them barking moonbats for they know exactly what they are doing and the have been doing it for the past 14 years under the umbrella of UN Agenda 21 signed by the first Bush and funded by Clinton. The US Congress as been funding this concept for since the first Clinton term and each year it gets more intrusive. In Cleveland where I am its call Vribrat2040 is has been being implemented for 4 years now. I have been to planing meeting and know what they are doing and 90% pf the US population would reject it if they knew what was being done to them. The sentiments of the people are being driven by this crazy program and have resulted in the Trump movement ans the Brits refecting the EU more in yet to come and the conflict will in all likely hood result id civil war in the US and North America and the globalists they to take of the world economies for personal gain.

The Accomplishments of President Kennedy and President Obama


President Kennedy, a Democrat, started the program that put a Man on the moon!

moon 2

President Obama, a Progressive Democrat, started the process of putting men in the ladies rooms!

Bathroom

This is not progress this is regression …

The British Pound & the Aftermath of BREXIT


IBBPVA-D 6-24-2016

BPFOR-D 6-24-2016

 

The pound sterling had a smashing day ranging between 15016 and 13226 penetrating the 2009 low of 13508 as well as the 2001 low of 13680. That leaves the prior low of 1985 of 10520 on the cash (103 futures). This is rather important for it implies that we should see that test of the 1985 low as soon as 2017. A year-end closing below 14050 will signal that should follow course. Keep in mind that our model has been projection a significant dollar rally and the weakening of the EU will make that happen.

IBBPVA-W 6-24-2016BPFOR-W 6-24-2016

ECM-EuroEuro HangingWe have two incredible important numbers coming into focus for the closing of June – 13660 and we also have a Quarterly Bearish at 13680 and 14280. Obviously, if we close June below 13660, we should expect the pound to decline sharply in the months ahead.

On the Weekly level, a closing beneath 14000 will keep the pound in a bearish position. A merely closing beneath 14300 today will also signal that the pound is weak. There will be bearish sentiment, but this will begin to subside as people start to see that the EU cannot be sustained without the UK.

The European Union peaked back in 2004. It is done – just stick a fork in it. The arrogance of Brussels and their anti-democratic approach to force their elitist views upon the people is coming back to haunt them. Unless Brussels reforms, we will see the collapse of the entire EU structure right down to the Euro.

The Peasants Are Revolting – Disconnected Political Institutions Meet Their Monster Voters…


The BREXIT vote to leave was hoped for but I was not sure that the politicians would be able to rig the votes but the tide was to large and they couldn’t pull it off and the people have spoken. The exit process is 2 years long so the change is not a on/off switch so things will quickly return to normal except for the reason that this happened which is now fully in play. France and germany have elections and of course we have ours and they are all part of the same movement of an anti large government making laws that the people do not want. The movement is anti New Word Order and effect all most all of Western Civilization so there is a Yuge change coming!