Tag Archives: centinel2012

Oct 23 2017

NFL Week #7 – More Empty Seats Seed Doubt for Future of Commissioner…


Re-Posted from The Conservative Tree House on October 22, 2017 by

The business decision of the NFL to isolate and ridicule well over half of their fan (customer) base will easily, very easily, go down in history as the most stunningly stupid decision in the history of any American business enterprise.

The vast majority of NFL fans held a middle-class, center-right, common sense, and patriotic outlook toward sports and entertainment overall.  In essence most of the NFL fan base are/were positively MAGA-minded.

It reflects the profound disconnect between the corporation and their customer base that the NFL didn’t recognize the danger in making social justice causes part of their business enterprise.  That blame lays squarely on the well paid leader of the NFL, Roger Goodell.

So, against the backdrop of increasingly empty stadiums on Sunday, it just doesn’t come as a surprise to see a report of Roger Goodell possibly not having his contract renewed yet:

(Via ESPN) The debate over NFL player protests during the national anthem has become so big within the league that it has delayed the completion of commissioner Roger Goodell’s contract extension, league sources told ESPN.

Goodell’s deal is still expected to be completed and has been papered, sources told ESPN, but the process has been slowed while the overwhelming majority of the NFL’s attention has been diverted to handling the anthem issue, which has affected TV ratings, merchandise sales and the country’s feelings about football.  […] “The anthem issue has overridden everything — and I do mean everything,” one source told ESPN. (read more)

A reasonable person would think there’s no way the owners of these billion dollar franchises would watch their entire organization collapse financially.  Yet, seemingly that’s exactly what’s happening. Social Justice Marxism is a toxic disease.

Check out these NFL stadiums, and the number of empty seats, from earlier today:

….And that’s just stadium attendance.  Imagine the loss in TV viewership, purchases of NFL gear and merchandise, and the larger impacts to the ancillary business spinoffs?   Really quite stunning.

CTH doubts it is even possible for the NFL to ever recapture themselves unless they take immediate and severe steps to reverse course.  Unfortunately, because the corrective action would require such a complete reversal; and because the NFL has gone so far past the line of no-return; it’s almost impossible to see a positive future for the league.

The NFL is deep into the financial death spiral.

Oct 23 2017

Hillary, Barack and Uranium One


Americans paying attention have known about the Clinton, Russia uranium deal for quite some time. Those who get their news from the main stream media are most likely clueless. Check out Judge Jeanine Pirro as she lays out the facts surrounding the Obama administrations, and more specifically, the Clinton crime families involvement.

At long last the House Oversight committee is beginning a probe into this massive security breach. God willing the day will come when the chant “lock her up” will become a reality. Perhaps the sexual predator she’s married to can arrange an adjoining cell.
Jeff

Oct 23 2017

The Coming Cold Winter 2017-2018


Armstrong Economics Blog/Climate

Re-Posted Oct 23, 2017 by Martin Armstrong

WhiteEarthEffect

QUESTION: Dear Mr. Armstrong,

First of all – THANK YOU for all you do, for your guiding light.

As I’ve read your blog, (a must daily), the post “Global cooling is killing penguins – not global warming”, especially the last two sentences “We are headed into a serious decline in temperature and that is when civilization declines significantly. The worst appears to be hitting after 2032. This is really no joke.”, makes me to ask you if there is one of your reports that would shed more light on the changes in climate and weather, and what do we expect, what we should prepare for in the future?

 

How the weather, climate will change towards 2032 and how it will affect different parts of the world – Western Europe, USA, Russia? Please kindly let me know if there is such a report and if it can be purchased?

 

It is a family planning for us and is the most serious matter.

Thank you,

 

V L

 

ANSWER: Well the past three years it has been getting colder in Europe. This past summer they called the year without a summer in the Arctic as ice has expanded. Our models on weather show that we are headed into a very cold winter this season even in the USA. This will progressively get worse and after 2032 we will be headed back to the cold period that existed during the 18th century. So buy some long-underwear this year. You may need it.

Western Europe will suffer the most, but the USA will also feel it this year. Siberia is warning so we have a shift. I moved to Florida for I am tired of shoveling snow, ice scraping, and potholes after losing 3 tires.

I will put together all the various models we have on weather and do a report on that in early 2018. This will have an impact on food prices. In general, we so see a commodity cycle coming for the next 8.6 year ECM wave.

Our models do not project a White Earth Effect. That is how planets die BTW.

Oct 21 2017

ABC & Fake News


Armstrong Economics Blog/Press

Re-Posted Oct 21, 2017 by Martin Armstrong

Murrow Edward R (1908-1965)

ABC News has indeed violated the principles of a Free Press and is the example why the old Fairness Doctrine should be restored. ABC News has come out and wrote: “Every American president has sparred with the press and fought back against stories unflattering or unfair. But no sitting president has in decades suggested media organizations should be shut down or that the federal government should consider curtailing their content or reach.”

The press thinks it is their right to push their agenda on the people. They no longer report the news, but twist it for their agenda be it left or right. It was back in a 1958 speech to the Radio and Television News Directors Association when veteran CBS journalist Edward R. Murrow told a room full of TV executives: “We are currently wealthy, fat, comfortable and complacent.” Murrow produced a series of reports that helped lead to the censure of Senator Joseph McCarthy and his trumped up witch hunt for communists when it was revealed that he was just making accusations without evidence.

Murrow was one of the journalism’s greatest figures, noting his honesty and integrity in delivering the news. That stature of ethics has been lost which some news organizations like CNN produce fake news not just on Trump, but of everything they touch right down to exaggerating the hurricane in Florida.

Edward Murrow used his position to take on powerful politicians and defend the American people, a free press as envisioned by Thomas Jefferson. He also exposed issues such as segregation and warned that the new TV medium was being used to “distract, delude, amuse and insulate” the public.

The FCC repealed the Fairness Doctrine, which has been rather disastrous. The Fairness Doctrine required that TV and radio stations holding FCC-issued broadcast licenses to (a) devote some of their programmings to controversial issues of public importance, and (b) allow the airing of opposing views on those issues. This meant that programs on politics were required to include opposing opinions on the topic under discussion. Broadcasters had an active duty to determine the spectrum of views on a given issue and include those people best suited to represent those views in their programming. That meant you had to relay both sides of an issue.

Today, mainstream media no longer has to be fair. They can propagate all the propaganda and tell only what the government demands. Hence, nothing that is real is fit for the news if it goes against corporate management or government demands. We are plagued with Terrorism as the excuse to eliminate all privacy as the excuse to raise taxes. This paranoia is not even as honest as McCarthyism which it at least was about Communists. Today, we are subjected to fake news but nobody will defend the people against exaggerated terrorism or the corrupt agenda of false prosecutions for political reasons.

Trump should bring back the Fairness Doctrine. That will apply to both sides.

Oct 20 2017

Dow & the Euro


Armstrong Economics Blog/Dow Jones

Re-Posted Oct 20, 2017 by Martin Armstrong

Our Capital Flow models have been spot on showing the strength of the rally in the Dow is driven by foreign inflows. We have moved right up to the Weekly Bullish Reversal in the Dow in Euro Terms. If we elect this today, expect a sharp rally to test the top of the channel we have been pointing out and our ideal number in the 23,000 zone.

Welcome to the Vertical Market. This is like a party where everyone is drunk, nobody is having a good time, and they just can’t remember exactly how they ended up here.

The crisis building in Europe is having a profound impact as real money starts to move.

Oct 20 2017

October 19th – 30 Year Anniversary 1987 Crash


Armstrong Economics Blog/Forecasts

Re-Posted Oct 20, 2017 by Martin Armstrong

COMMENT: 30 years ago today I was sitting in a brokerage firm in New Castle Pennsylvania on a personal computer that had 720 K of RAM and ran at 1 GHz watching the market and sitting looking at the charting. Prices on stocks were running between 15 and 30 minutes late, nobody knew what was going on. All we knew was things were dropping, dropping, dropping and dropping, everyone was confused. It was crazy. The volume was bigger than they’d ever seen before. Therefore, they could not keep up with the bids and the ask.

I was short the market with every penny I owned and I had no idea how well I was doing. We tried calling places to get current prices if you could get through and even if you did they did not have current quotes, it was pure chaos. When the dust cleared at the end of the day the brokerage firm I was with had gone bankrupt and had lost most everybody’s money.

I had bought a ton of OEX puts and the person who owned the firm. Instead of processing them through regular channels, he decided to write against me on his own. He did not have the money to cover them. I was right on the market but wrong about who I placed my bids through. Three days later all the brokers at this firm were laid off, fired or let go… however you want to put it…. the friend who had the PC and the stock charts. I helped him move all the stuff out to his house. The next year he started his own brokerage firm.

The interesting thing is 5 to 10 days before that drop I told everybody we were in for a major crash but nobody wanted to believe me. But it was in the charts and I tried to show them this.

REPLY: Welcome to the old man in the corner club. You know. The old guy in the trading room who use to say this is just like 1929 when we were kids. Now we talk about 1987 which was 30 years ago. I was giving a WEC that weekend. We just elected a set of Double Weekly Bearish Reversals. The Arrays called for a low in 2 days. There were no other reversals between 286 and 180.

I remember standing up there trying to find some technical support between 286 and 180. I could not. There was nothing between the two even technically. The audience asked me what would happen? I said look, it sounds nuts, but we should move down 10,000 basis point in two days.

I myself could not believe it. But people paid me for what the computer had to say, not my opinion.

When that happened, it was right on the ECM date. It was absolutely perfect to the T.

Everyone was calling for the 1929 collapse. The model said new highs by 1989. That’s when brokerage houses were begging me to please come and speak to their retail audiences. I agreed and went to Toronto for Midland Daugherty. They filled the place with thousands of people.

Australian brokers and British brokers were all lining up to have me speak to their clients. It was all in their self-interest. They were paying back then $100k to get me to speak to their clients because I only did Institutional. It was an interesting time.

Oct 20 2017

Canada’s Hunt For Taxes Turns on Minimum Wage Earners


Armstrong Economics Blog/Canada

Re-Posted Oct 20, 2017 by Martin Armstrong

The hunt for taxes has turned to employees of companies. Any benefit you give an employee is considered “soft-income” and is to be taxed. In the USA, the maximum value of a gift I can hand an employee is $25. I can’t even give them a decent bottle of champagne for New Years.

In Canada, this same idea of taxing any employee benefit has gone all the way to hunting the minimum wage earners. The politicians have classified any discount an employee gets as tax-avoidance and they want their nickel and dime. A minimum wage store employee who gets a 20% discount on anything the store sells or if a waitress gets a free meal while working is to be taxed. The Income Tax Act of the Canada Revenue Agency is now targeting not the “rich” but minimum wage earners since the rich are leaving. When an employee receives any sort of a discount on merchandise or a free meal because of their employment, the value of the discount is to be included in the employee’s income and taxed.

The hunt for taxes is just going to get worse until the people rise up, as they have always done, and probably start yelling the same words: No Taxation Without Representation!” Politicians are doing the same thing that sparked the French Revolution with their arrogance when taxes reduced the standard of living and people could no longer survive. The response of the government was “let them eat cake” and that did not sit very well even if those words were not really spoken – it was the rumor attached to  Marie Antoinette

Oct 20 2017

Left Opposes Lowing Taxes on Rich in France to Bring them Home


Armstrong Economics Blog/France

Re-Posted Oct 20, 2017 by Martin Armstrong

An online petition from the left in France is demanding that Macrone tell the “truth” about the tax rate the top 100 French will be taxed. They refuse to look at economics and insist that whatever wealth the rich have really belongs to them. Naturally, they have already gathered more than 10,000f French signatures demanding “truth” from their government. They want to know the plans for a far-reaching abolition of the rich tax. It does not matter that so many have left France and will not return. That is always irrelevant to the left.

Oct 19 2017

Obama Administration Bribed by Russians?


Armstrong Economics Blog/Politics

Re-Posted Oct 19, 2017 by Martin Armstrong

Another example of how corrupt it is in Washington, prior to the Obama Administration, including Hillary, approved the Russian purchase of American uranium resources, it turns out that the FBI has gathered evidence confirming that there was bribery taking place for Russia to get the deal. Of course, Loretta Lynch never investigates Democrats when her own Administration is the corrupt one behind the curtain.

Obama administration approved the deal in 2010 giving Moscow control of a much of the American uranium sources. It turns out that the FBI had gathered significant evidence that Russian nuclear industry officials were engaged in bribery, kickbacks, extortion and money laundering to get the deal in the USA. They had a confidential witness working inside the Russian nuclear industry to gather extensive financial records, make secret recordings and intercept emails from 2009 onward.that showed Moscow had compromised an American uranium trucking firm with bribes and kickbacks in violation of the Foreign Corrupt Practices Act, FBI and court documents show.

This has been reported in The Hill, which is widely read on Capitol Hill. The quest now becomes – why has this not been investigated? And people don’t seem to get upset how failed lawyers, run for Congress who are average or broke and leave office rolling in the money. It’s not a swamp that has to be drained – its an ocean!

 

Oct 19 2017

Fear of Heights – Vertical Markets


Armstrong Economics Blog/Training Tools

Re-Posted Oct 19, 2017 by Martin Armstrong

The rally in the US share market has been a VERTICAL MARKET as our computer has been warning would unfold. A VERTICAL MARKET is one that takes off yet leaves the vast majority behind because they just cannot believe the rally. I have been warning that this is the most hated bull market in history. The entire bull run during the 1920s was 97 months and we passed that mark last April.

 

They wrote the book on When Genius Failed over the Long-Term Capital Management (LTCM) debacle. People who create models make one fatal mistake – they are cheap when it comes to data. They even won the Nobel Prize for the model that blew up in the LTCM debacle. Why did genius fail? Because their model was based on data only back to 1971 when the floating exchange rate system began.

Now we have the ECB vice-president Vitor Constancio warning of the dangers of new price bubbles on the markets. Nobody seems to understand this market and they never will without a database that stretches back at least a few hundred years. You simply have to see how the market reacts under all conditions, Here t6he Dow Jones Industrial Index we extended back to 1790. The computer bought the low in 2009 and has been adding to long-term positions.

Constancio is totally clueless. He has referred the task of investigating this bubble to the regulatory authorities, which he says are known specialists in this area. Of course, if they really knew what was going on they would tell him. They also have no actual trading experience so how are they going to judge what is taking place based upon personal opinion?

The ECB’s caution has its reason becaue they too fear what is going to happen when they exit from the bond program if they even can. The program has transformed from economic stimulus to a plain outright program to reduce the financing interest rates of the over-indebted Euro-States keeping them on life-support. If this support by the ECB is eliminated, the outbreak of a new debt crisis in Europe could send interest rates soaring and a collapse in confidence in government. Therein lies the crisis. Once capital figures out that it is the governments who are in trouble, it becomes Mario bar the door!

After the WEC, we will make available for $750 – How to Trade a Vertical Market