THAAD Is Coming to China’s Doorstep (But Beijing Has a Plan to Push Back)


China has always had the option of stopping the North, so they bring this on themselves

India Economy Falls into Chaos – Dollar Rise in Huge Demand


india-cash-protest

US dollars are soaring in premiums on the street. There is a serious risk that the government has shaken the confidence of the people to such a degree, that they trust the US dollar more than their own currency. Prime Minister Narendra Modi has come out an said the currency changeover could still take a few weeks and could lead to inconveniences, according to the magazine Brics. The Indian economy is a highly cash transacted economy far more so than the United States and Europe. The government has brought the economy to a virtually standstill. Food stores are close to closing because the customers have no money. Small and medium-sized enterprises have stopped functioning because the invoices are not paid for.

When Japan would routinely devalue the outstanding currency in the same manner each time a new emperor took the throne, the population responded by using rice and Chinese coins. The Indian economy is turning to the dollar. Physical dollars are commanding a premium because they can politically trust the dollar and not their own currency.

Indians are participating in protests against the the government simply cancelling the 500 and 1,000-rupee notes. This has unleashed real chaos in India and the experiment is proving to be a complete disaster, which is good news for the West. Literally, hundreds of thousands of Indians have stormed the ATMs trying to get cash, reports the Hindustan Times. They are trying to get their money out of banks. This has proven in many places to be just not possible as cash is in short supply.

French Elections 2017


french-revolution

Trying work out models on the French elections is by no means easy. The parties have changed and combined many times since 1973 alone. The National Front (FN) is a generally regarded as far-right because they are a Euroskeptic party since 1993 from its outset. Primarily, the FN is a socially conservative, nationalist political party in France whose major policies include economic protectionism, a zero tolerance approach to law and order issues, and opposition to immigration. The media portrays them as far-right since the party was founded in 1972 to unify a variety of French nationalist movements of the time. Jean-Marie Le Pen was the party’s first leader and the undisputed center of the party from its start until his resignation in 2011. Marine Le Pen, his daughter, was elected as the current leader. The party was at best a marginal force for its first ten years. However, ever since 1984 as the US dollar surged. FN has been the significant force of French nationalism.

french-presidential-elections-1974-to-2012
The 2002 presidential election was the first in France to include a National Front candidate in the run-off, after Jean-Marie Le Pen beat the Socialist candidate in the first round. In the run-off, he finished a distant second to Jacques Chirac. Due to the French electoral system, the party’s representation in public office has been limited, despite its significant share of the vote. Note that the Socialists were our of the final run in 2002. They made a two election come back, but that was just a reaction reaching 51.63% compared to their peak at 51.76% in 1981. This suggests they will be out of the final run and it may simply be conservatives v FN in 2017.

Yet to grasp what is taking place in France, we must step back and look at the broader picture. The French Revolution (May 5th, 1789–November 9th, 1799) basically overthrew the monarchy establishing a republic and was marked by very violent periods of political turmoil. Eventually, the French Revolution culminated in a dictatorship under Napoleon. It was this revolution that rapidly extended its principles to Western Europe and beyond marking the end of monarchy. In that respect, it was bookend to the American Revolution that completed the revolt against monarchy.

The French Revolution was strangely inspired by both liberal and radical ideas. Through the French Revolutionary Wars, what was unleashed set off a wave of global conflicts extending beyond Europe stretching to the Caribbean in the New World down to the Middle East. This was certainly a profound event and Napoleon brought to the doorstep of Europe, a monumental change in the form of government from monarchy to republic. It was certainly inspired philosophically by the publication of the Decline and Fall of the Roman Empire in 1776.

Economically, there is nothing that moves the masses to revolution like taxation. Historically, governments routinely raise taxes and only see things from their perspective. Never do they consider the people they claim to benefit. This is true be it a monarchy or a republic. For all forms of government share one common bond – they act in their self-interest. The French Revolution followed the Seven Years’ War and the American Revolutionary War. These events left the French government was deeply in debt and attempted to restore its financial status through unpopular taxation schemes. The weather was an impact for this was also the low in the energy output of the sun, which resulted in years of bad harvests leading up to the Revolution. This led to the famous rumor where Queen Marie Antoinette was said to have said: “Let them eat cake” which is the traditional translation of the French phrase “Qu’ils mangent de la brioche”. While it is commonly attributed to her, there is no record of this phrase ever having been said by Marie Antoinette. It appears in Jean-Jacques Rousseau’s Confessions  written in 1765, when Marie Antoinette was just nine years old.

Nevertheless, the economic decline, crop failures, and raising taxes inflamed popular resentment of the privileges enjoyed by both the clergy and the aristocracy. The first year of the Revolution saw members of the Third Estate taking control, the assault on the Bastille in July, and the passage of the Declaration of the Rights of Man and of the Citizen in August where there was the abolition of feudalism and the old rules and privileges. There was the women’s march upon Versailles which resulted in the royal court being forced to return to Paris in October that year.

beheading-louisThe economic turmoil led many elite French to flee to Geneva in Switzerland. Over the course of the first few years, there were political struggles and clashes between various liberal assemblies and right-wing supporters of the monarchy who wanted to maintain the status quo just as we saw the press conspire with Hillary in the 2016 elections. France essentially collapsed and was transformed into a democratic and secular society with freedom of religion, legalization of divorce, and civil rights for Jews and black people. The Republic was proclaimed in September 1792 after the French victory at Valmy. In a momentous event that led to international condemnation, Louis XVI was beheaded in January 1793. The king was only one of the thousands of victims of Robespierre.

The beheading of King Louis XVI came 144 years following the English Glorious Revolution and the beheading of Charles I on January 30th, 1649. No doubt, the manner in which the Puritans executed Charles I played some role in the executions carried out during the French Revolution by Robespierre, who himself would be declared an outlaw and he was arrested and was placed in the same cell where he held Marie Antoinette before her execution. Then on July 28th, 1794, Robespierre was guillotined without trial in the Place de la Révolution.

Le Pen Marine

The 224 Year Cycle of Political Change thus targets the beginning as 2013 and the end of this upheaval in France going into the peak of the next 8.6 year wave 2023-2024. Marine Le Pen first reach more than 17% of the vote in 2012. The cycle was starting to turn up, but it was just ahead of the time. Now, Le Pen is polling twice that of the President. Because of the fragmented political parties in France, it is difficult to forecast Le Pen will win. What is clear is that the socialists will lose. That much is certain. Nicolas Sarkozy has been thrown out of the elections by the conservative front runner Francois Fillon. The gap is closing between the conservatives and the right-wing. Clearly, the socialists are finished. However, we are within this 10 year window between 2013 and 2023. This clearly shifts the favor toward a new power. Le Pen can win within this window. However, expect this to be also very divisive as in the United States.

Will attempt to create a simulated election history based upon purely philosophy rather than party labels. We will report when that is completed.

Fractal Nature of Trading


DeutscheBank-1

QUESTION: Marty; you said at the cocktail party that there are four level of time within each major level of time from daily to yearly. You said that trading results depend upon how you use the model for it is not a one dimensional model so people trying to compare trading results are usually lost. I have seen people who try to bash you and it becomes so obvious that they are mad because they have been wrong and just blame you. I looked at your track record from Deutsche Bank when you managed the hedge fund for them. You had the lowest drawdown of anyone probably in history. There is proof you have done what others cannot do. Can you explain a bit more how you see into the world connections and markets?

Thank you for a wonderful conference. You also put on such a first class even with unlimited food and drinks. They are better than any wedding or bat mitzvah I have ever been invited to. You have to spend hundreds of dollars per head per day. Your staff were very professional and your daughter ran the show. She can stand up before the crowd with no fear just like you. Hope you are grooming her to replace you.

LF

four-levels

MatrixANSWER: Yes absolutely everything is connected. Once you see it, it might be a bit like Neo in the Matrix and you cannot go backwards. You certainly cannot be a hedge fund manager unless you think dynamically and see the connections. If you cannot do that, do not try to manage money.

You must understand that markets are fractal. So each level daily to yearly is the first step in carving up time. Time is totally arbitrary. I can start a week on Tuesday or make it 8 days instead of 7. Each slice of time will reveal the trend. We can produce a Yearly Bearish Reversal every day of the week by recalculating a year to end that day. There is so much we can do but it requires tremendous computer power.

Reversals

The Reversal System defines four sub-levels within each major time level. So it depends on how you wish to use them. You can use them all and you will get one result with greater trading activity. The lower chart just use the long-term. This reduces the trading activity and produces a different net return of 4780 compared to 34850.

Now, you can take these results and add in the Weekly Reversals, then Monthly, Quarterly, and Yearly. We will be adding these option to the Trader Pro version. This way you can tailor the model to your particular desire. It is by no means quantifiable as a single one-dimension tool.

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Then the model can be used for speculation or hedging. A hedging model is either long or short. It does not add to positions as the trend unfolds. The Reversals are definitive numbers, but they are separate and distinct from TIME. Reversals do not tell us WHEN they will be elected. That is where the cycles come into play. In the case of gold, we had the Monthly Bullish Reversal 1362 and ONLY exceeding that would it change the direction of gold. I wrote on February 11th, 2016: “The Monthly Bullish stands up at 1362. That is what we need to elect to suggest that a change in trend is possible. Otherwise, be cautious. We are looking at all markets pushing to their extremes. This is the prelude to the chaos coming in 2017.”

If you are going to change trend, that takes place ONLY at the Monthly level. This is why I have stated countless times you must define where you are right and and where you are wrong. I did that – 1362. You cannot get more black and white than that. I warned that the Quarterly Bullish Reversal was 1347. On August 2nd, I wrote on the Private Blog:

“We still need to get a monthly closing above 1362 to suggest that the 2015 low would potentially hold. We would also need to close September above 1347 and year-end above the 2015 high technically. These targets must be met to imply gold will hold.”

gcnynf-d-9-30-2016

Reversals TimingGold crashed to avoid also the Quarterly Bullish Reversal at 1347 on September 30th. Meanwhile, the angle of the market points to new record lows. I have been warning that we face a major dollar rally. Only such a rally will break the back of the world economy. A lower dollar will bailout the Emerging Markets where a high dollar will create sovereign defaults around the globe.

Opinions are something we all have. But TIMING comes first and then the NUMBERS. This is very black and white. The people who are so desperate to also prove me wrong rage against my opinion. That’s fine. I really do not care because they are absolute fools. They attack me like everyone else and fail to comprehend this is not about my opinion. Neither the Reversals nor the Cycles are based upon my subjective opinion. The model was correct it forecasting both Trump and BREXIT. That was not my personal opinion or desire.

SHIP

As long as idiots try to attack me personally, they are revealing that they are linear thinkers, more suited to work for government, and are incapable of seeing the world around them as interconnected and dynamic. They are the same type of people who fought against the idea that the world was round because how could you stand upside down on a ball? They lacked to understanding of gravity and burned Bruno alive at the stake for daring to say that the earth revolved around the sun.

In this instance, they do not comprehend the global economy and how we are all connected. Leonardo da Vinci also said: “Learn how to see. Realize that everything connects to everything else.” 

As along as they continue to rail against me, don’t worry, we will always have fools to trade against. We need them on the other side. I have no desire of convincing them otherwise. As long as they attack me, it proves they are not capable of learning how to see the world in which they live.

The Termination of Cash Approaching Rapidly


Hunt MoneyThe hunt for money is intensifying with the aid of banks no less. India was the balloon. They simply canceled the current with no notice and imposed a 90% tax on anyone holding the high denomination notes. This is how the world governments operate. The first bail-in was done in Cyprus. We were even contacted by members of the government trying to push back against the EU. We provided the solution, but the government did what the EU wanted because this was a test. If they got away with it in Cyprus, then the “bail-in” would become a contagion. The politicians lied, as usual, and said that policy would NEVER be applied in Europe. It is now standard around the world. We warned, Cyprus, then Greece – who would be next.

Now following India, Citibank is refusing to accept ANY cash in some of its branches in Australia. Banks support eliminating cash for that means they eliminate bank runs. Government benefits for they can simply seize your money without any notice whatsoever. The ONLY way to get off the grid for serious money is to run into equities. The only way to hedge broker risk is to take delivery of the share certificates and do not leave them in street name.

Summers LarryMeanwhile, the father of NEGATIVE interest rates and the great supporter of bankers, the establishment, socialism, and anti-democratic process is Larry Summers. He wrote in the left-wing newspaper Washington Post that it is time to kill the $100 bill. The Washington Post endorsed Hillary and had the audacity to write: The Democratic nominee is not the lesser of two evils. She is a choice Americans can be proud of. (Adriana Usero, Julio Negron/The Washington Post)”(see hillary-clinton-for-president-the-washington-postThis endorsement demonstrated how biased the Washington Post really is and how they are conspiring against the people of the United States for the establishment no less the left-wing that supports a deeply rooted Marxist agenda. This is why they published this piece by Larry Summers.

I am becoming deeply concerned that the United States is headed into its version of a communist revolution under the label “progressive” and the bankers, who Larry Summers has always supported, will be used as the scapegoat for Wall Street and the “rich” who have to be stripped of their liberty and their money for the “good of the people” as they always say. The United States does not look like it will be a country we can recognized by 2032 if we can even make it past 2024.

The entire purpose of eliminating cash is to strip us of our assets, liberty, and to prevent bank runs. The youth, who have been brainwashed by Bernie Sanders and people like Elizabeth Warren, will turn against the older generation and enslave them if at all possible. This threatens our future with outright civil war. They will not be satisfied until then destroy the freedom of their opposition.

Gold & The Global Market Watch


gmw-11-23-2016

QUESTION: Marty; I find the Global Market Watch really amazing. The talk of India banning gold imports could lead to a crash you have warned about under $1,000. The weekly level in gold came up and said about to crash and even caught the high the week of 07 November. The monthly also caught the high and said it was important back in July. But the monthly level at the close of October said a waterfall in motion. It seems like the GMW can even anticipate fundamentals. I really do not understand how the gold bugs keep attacking you. It appears they enjoy losing.

At the WEC you said the GMW is purely pattern recognition. Your blog on August 24th laid it all out. You said “The Weekly Bearish lies at 1275. That is the number that needs to be elected to hint at a potential sharp decline which could set this market up for a slingshot coming out of a low come January 2017.” You have been saying all along that a 3 quarter reaction with gold failing to get above 1362 on a monthly closing pointed to low perhaps by January 2017 at the earliest. How far out can the low form?

Congrats on Trump and gold. Brilliant.

PY

ANSWER: The Global Market Watch is purely pattern recognition. It is a confirming tool to cycles and reversals. It did a good job on gold. Yes, there are two risks to gold. First the ban by India, but second, as the debt crisis explodes, we will see more central bank selling. We will do a report on gold for year-end. Nothing has changed from what we laid out months ago or at the WEC. There are more than 500 markets and shares covered in the Global Market Watch. We will be expanding this to about 3500 soon. That is where you stay on top of things. Waiting for me to write about something when we cover so many aspects of the global economy is not the way to follow markets. This is not a newsletter covering just one or two markets. This is the entire purpose of providing access to the whole world.

Is Marine Le Pen the French Donald Trump?


Is WikiLeaks founder Julian Assange dead? – the connection with Pamela Anderson — Fellowship of the Minds


Lets hope this is not true!

kommonsentsjane's avatarkommonsentsjane

WikiLeaks and its co-founder and editor-in-chief Julian Assange are the unsung heroes of the 2016 Revolt of the Deplorables — the overthrow of Hillary Clinton and the election of Donald Trump to the presidency. If it were not for WikiLeaks‘ publishing of the hacked emails of Hillary, the DNC, and her campaign chair John Podesta, […]

via Is WikiLeaks founder Julian Assange dead? – the connection with Pamela Anderson — Fellowship of the Minds

Reblogged on kommonsentsjane/blogkommonsents.

Wikileaks is the enemy of Hillary Clinton and friend to the Deplorables.

kommonsentsjane

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Why Globalism Threatens Western Civilization | G. Edward Griffin and Stefan Molyneux


GLOBAL ESTABLISHMENT ASSAILS RISE OF POPULISM


We do not like the globalists one bit —- they do not represent us.