The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label s&p 500. Show all posts
Showing posts with label s&p 500. Show all posts

Tuesday, June 6, 2017

Massive overnight surge in Bitcoin and other cryptocurrencies shoot industry market cap to over $100 billion

With so many economic and geo-political events causing confidence in local currencies to falter, overnight buying of Bitcoin and other cryptocurrencies out of Asia have skyrocketed the entire industry to achieve a milestone market cap of over $100 billion.

Bitcoin and Etherium are of course still leading the way as the father of all cryptos achieved a new all-time high (excluding local markets with high premiums) of over $2900 per coin.  And at this price, Bitcoin has risen over 200% since just the beginning of 2017.

Bitcoin approaches a new all-time high (ATH) in price and market cap as we re-enter a mode of price discovery. All of this occurs in the settling of an unresolved block size and scalability debate set to be disrupted with the UASF on August 1. Cryptocurrencies, as a whole, now hold over $100 billion in market cap for the first time. While bitcoin (BTC) leads the pack at just over $46.6 billion, or 47.9 percent of all cryptocurrencies, the recent surge in these other coins has helped to push the total cap over the top. - Bitcoin Magazine
In relation to other global markets, the market cap of cryptocurrencies is still relatively low when you compare them to several other markets, including a few of the major currencies traded in the Forex markets.

Gold: - $7,809,188,577,120

Forex: (Daily trading) - $5,300,000,000,000

S&P 500 - $20,000,000,000,000

Sunday, June 4, 2017

Despite gold and silver prices being below their 2016 highs, each has done better than the S&P; 500 in 2017

With all eyes being on both cryptocurrencies and equity markets here at the halfway point of 2017, gold and silver have themselves proven to also be a positive investment despite the fact that they have not even reached their 2016 highs.  And while the three primary equity markets have all reached historic all-time highs at some point this year, it is interesting to note that both gold and silver have actually done better than the returns one would have received from investing in the S&P 500.

Since the U.S. presidential election, the stock market has remained strong, but what has surprised some financial analysts has been that the precious metals complex has been ever stronger, says Blanchard President and CEO David Beahm. 
“What is notable through the end of May is that gold and silver continue to outpace the strength in the stock market, leaving both precious metals very well-positioned for strong new rally waves if stocks turn lower in a seasonal correction phase or a bear cycle move,” Beahm says. “Typically, gold and silver perform well during periods of stock market weakness, but the fact that metals are climbing alongside the strength in stocks is notable from a historical perspective. It reveals that there is a strong safe-haven bid for metals and a desire to diversify away from stocks in the current environment.” 
The Blanchard Index 
Here’s how the market performance stacks up through late May: 
  • Gold +9.45%
  • Silver +8.13%
  • S&P 500 +7.91% - Seeking Alpha
Yet perhaps the most important technical indicator to look at going forward between the two markets is the fact that the P/E ratios for the S&P 500 are at nearly double their historic averages while gold and silver are more than 40 and 65% respectively below their all-time highs.  And this means that the far better investment right now is in the precious metals, especially as sovereign debt levels and currencies begin to show immense signs of weakness, and underlying supplies for the metals are reaching critical levels.

Friday, May 26, 2017

Bitcoin's market cap is now larger than that of Germany's largest bank

With the extraordinary moves in price for Bitcoin and other cryptocurrencies since the beginning of the year, it was only a matter of time before their market caps began to compete with some of Wall Street's biggest companies.  However with the price more than doubling in just the past 20 days alone, an interesting fact has emerged that could soon shake the entire financial industry.

Because as of May 26, the market cap of Bitcoin is now greater than that of Germany's largest financial institution Deutsche Bank.
Bitcoin’s market cap is now $2 bln higher than that of Deutsche Bank, as an upwards price correction takes it over $40 bln once more. 
Data uploaded to Reddit shows Deutsche Bank’s market cap at €35 bln ($39 bln) and trending downwards, while Bitcoin has mostly recovered from yesterday’s losses, CoinMarketCap shows.
Bitcoin Charts

It is perhaps not as ironic as one would think that a completely virtual form of money would grow to have a larger global footprint than longstanding financial institutions that primarily deal in sovereign fiat currencies since the wealthiest industries today in regards to market cap are almost all tech companies listed on the S&P 500.  And it is also a signal to economies that digital forms of money are quickly supplanting the long-standing paradigms of physical cash ownership, and could soon become the standard just as robots soon replace workers in any myriad of industries.

Wednesday, April 26, 2017

Move over Bitcoin as SEC may choose to allow Ethereum ETF instead

With the SEC announcing yesterday that it was reopening the case for the Winklevoss twins Bitcoin ETF, another crypto-currency is also vying for the same market regulators approval.

And this one might have a better chance of success than the Father of All digital currencies.

Ethereum is a crypto-currency that has the backing of many large S&P 500 companies, and this provides it a much better foundation for approval as an exchange traded fund according to the SEC.

Image result for ethereum
Then today, in similarly favorable news for holders of Bitcoin's smaller peer, Ethereum, it was revealed that the SEC had quietly begun the process of considering whether to approve an exchange-traded fund for the cryptocurrency ethereum. Recall that ethereum exploded higher at the end of February when it was revealed that a consortium of venerable corporations including JPM, Intel, Microsoft and many others, had created a blockchain alliance based on the ether technology. 
In same ways, whereas bitcoin has been seen as the more venerable, if "renegade" cryptocurrency, ether has developed the reputation of the smaller, better-behaved relative, one which is backed by major banks and corporations, which in the past has distanced itself from bitcoin due to limitations associated with its specific blockchain technology. 
While ether and bitcoin are similar, they are also very different. First of all, none of the big Chinese exchanges lists ether for trading (which means it is only a matter of time before they do) sending it into orbit as the traditional Chinese bubble stampede does. Second, the two biggest ether exchanges are Coinbase and Kraken, both regulated.
Ethereum is backed by almost all household brands who have formed an alliance in support of the platform. Microsoft is a big proponent, with ether’s protocol added to Hyperledger, the open-source cross-industry blockchain development effort headed by the Linux Foundation. 
Whether that makes an ether-based ETF more likely remains to be seen. What we do know is that the backers of the EtherIndex Ether Trust first filed in July 2016, seeking to launch an ETF backed by a cache of ethers on the NYSE Arca exchange, according to Coindesk. NYSE Arca then filed for a proposed rule change clearing the way for the ETF listing in December, according to a notice published in January
Then, in a new notice from the SEC, the agency announced that it has begun considering whether to approve the proposed ETF, opening up a comment period for outsiders. - Zerohedge

Sunday, November 6, 2016

Moves up in gold and down in stocks over past 10 days signal the markets now believe in a strong Trump victory

For anyone who has taken the time to watch buying and selling activity in the gold markets over the past month, it was more than obvious that the takedown during the first week of October was both manufactured, and done at a time when the world's biggest physical market (China) was off for a national holiday.  And as such, once they returned gold has risen over each of the last four weeks back to above the $1300 support level.

But what is perhaps most interesting for the markets in general is the historic declines we have seen over the past 9 days in the Nasdaq and S&P 500, and the 7 days in a row for the Dow, where that measured amount of negative trading has not occurred since 1980.  And this is being attributed to the sudden shift in political winds where the markets now strongly believe that Donald Trump will win the election.

Image result for trump accepts gold for deposit
The S&P 500 ended lower on Friday for a ninth straight day, the longest losing streak for the benchmark index in more than 35 years, as investors stayed on edge ahead of an uncertain U.S. election. 
The tech-heavy Nasdaq also ended lower for a ninth-consecutive session, while the Dow industrials closed down for a seventh straight day. 
Investors have been unnerved by signs of a tightening presidential race between Democrat Hillary Clinton and Republican Donald Trump. 
Clinton had been thought to have a clear lead until the re-emergence last week of a controversy over her use of a private email server while secretary of state. 
"Investors are uncertain about the outcome of the election, and they have grown more uncertain since last Friday," said Walter Todd, chief investment officer with Greenwood Capital in Greenwood, South Carolina. - Reuters
The Donald Trump phenomenon is now being paralleled to that of the UK's earlier Brexit vote from back in June, where going into the final day the markets bet heavily on a Remain outcome.  And when this did not happen following the vote, stocks, currencies, and bonds all fell drastically, and gold rose by $100 in a single day.

Some analysts are expecting more of the same come Tuesday, with equities falling by perhaps 1000 or more points on Wednesday and gold going up $100 - $150 if Trump prevails.  But this may be just the beginning of a much larger financial crisis since central banks are too hamstrung to deal with another black swan type event.

Saturday, May 14, 2016

More Obama economic propaganda as retail sales soar to best in six years one day after lower guidance

In the wake of the release of a new book on how corrupt U.S. politicians are, it should come as no surprise that today’s retail sales numbers coming out from the Obama administration show their best month over month in nearly six years.  And yet, this report of pure propaganda comes in spite of three major retailers falling flat on their earnings for Q1 just yesterday, and them issuing lower guidance and expected declining sales for the months ahead.
Macy’s, Nordstroms, and J.C. Penny’s all had weak earnings reports on both May 12 and 13, and issued guidance of further erosion entering into the summer months.  However, this did not stop the reporting arm of the White House to issue their April retail sales numbers as the best seen since 2010, which is contradictory to all real data coming out of corporate reporting in the retail sector.

Read more on this article here...

Wednesday, May 4, 2016

Gold buyers still ignorant of physical market as traders pile into S&P; paper gold at record levels

When a paradigm belief is strong, very little will ever change the minds of those held within its thrall.  And a great example of this is how U.S. and Western investors continue to trust in paper assets rather than trading in physical commodities that have real tangible value.

Last month the Shanghai Gold Exchange ushered in a new era for gold by declaring the first new price discovery mechanism in over 100 years.  And while the SGE established itself upon a foundation of physical gold, record numbers of investors in the West continue to buy paper gold through stock market ETF's rather than buying physical gold which they can be sure is in their hands, and not under the authority of known criminals and convicted manipulators.


Investors are piling back into gold, and they're coming in droves. 
Holdings in SPDR Gold Shares, the world's largest exchange-traded fund backed by gold, surged 20.8 metric tons on Monday, the biggest one-day expansion since 2011, data compiled by Bloomberg show. 
About $7.1 billion in new money poured into SPDR Gold this year, the most of any ETF tracked by Bloomberg around the world, as holdings soared to the highest since 2013. - Salt Lake Tribune
Perhaps the most substantial difference between paper gold owners, and those who own physical gold, is that they choose to ignore the incredible manipulation that takes place by the bullion banks in the paper gold market.  In fact, last month Deutsche Bank publicly announced they were guilty of manipulating gold prices through the London Gold Fix, and the U.S. Comex has little actual gold, with more than 500 paper contract demands tied to every individual ounce of gold held in their vaults.

Which means that investors own meaningless paper, and simply a promise to deliver gold, rather than actual gold itself.

Gold: If you don't hold it, you don't own it.

Tuesday, May 3, 2016

Gold vs. Stocks: Trend ratios looking exactly like 2007 just prior to financial collapse

Contrary to the year of the financial EVENT in 2008 that changed the global economy forever, the circumstances behind the Credit Crisis started in 2007 with the collapse of the housing bubble, and the apex of the six year equity Bull Market.  And one thing it also triggered was the beginning of the next leg of the Bull Market in gold, which would move from the $700's to a new all-time high of over $1900 in a short period of time.

There are many things that act as warnings and signposts for future events, and one of these has occurred since the beginning of the year which parallels 2007, and the beginning of events that led to a worldwide financial collapse.

The ratio between gold growth and stock market declines.


As you can see on this chart, the 2016 performances of both gold and the S&P 500 are exactly the same as the performance of each back in 2007.
Gold is enjoying an incredible year, surging 22 percent as the S&P 500is barely positive. What's rare is for the yellow metal to outperform the market so dramatically in a year when stocks are up. 
In fact, going back to 1980, there has been only year in which gold has outperformed the S&P by 20 percent or more while the latter was positive on the year: 2007. 
Both gold and the fear-measuring CBOE Volatility Index surged in the second half of that year, even as stocks maintained their footing. The crash, of course, came in 2008. - CNBC

Sunday, January 10, 2016

It’s hard to spin the worst market week ever to begin a new year

Perhaps it was an omen that 2015 ended without a Santa Claus rally, and the final two days of trading were both in the red for most markets, but not many could have predicted that 2016 would start out with not only a continuation of the prior week’s trend, but end the week with a historic event for U.S. markets.
The worst week ever to begin a new year.
Not even in the Depression years of 1930 - 33 did the stock markets have a worse beginning to a new year, where on every single day at least 2 or 3 primary markets closed in the red.  And following the October crash of 2008, and the subsequent Great Recession that saw stock markets fall from 11,600 down to 6,600 at their trough, did either 2009 or 2010 begin worse than what took place this past week.

Sunday, December 13, 2015

Barron's Magazine shows why mainstream economists are fail forecasters

On Dec. 13 Barron's Magazine published their 2016 economic forecasts, and from their crystal ball they cited the same analysts who made market predictions for the publication last year.  However, if you go back to Barron's 2015 forecasts you will find a very interesting dichotomy...

That is, nearly all predictions made by these mainstream economists were wrong.


On average, most of the analysts put the S&P 500 at 2200 for 2015, off by a 66 points at the record high of the market, and over 190 from its close on Friday.

In addition, these analysts GDP growth estimates were between 2.8% and 3.2%, but growth for 2015 going into the final weeks of the year is a paltry 2.1%,

And none of them saw the drop in energy prices leading into 2015.

So again one year later, let's take a look at these same forecaster's and how off they should be seeing as their primary job is to always forecast bullish sentiment rather to keep the stock markets going higher.


S&P 500 ranges from 2100 to a whopping 2500, but perhaps what is most interesting is the decline in their predictions for GDP growth.  1.9% - 3.25%.

Note:  Nearly all alternative media economists like Peter Schiff, Gerald Celente, Rob Kirby and Jim Willie are far below these fairy tale predictions for the coming year.  So enjoy a bit of pragmatism vs. Goldilocks optimism.


Thursday, October 1, 2015

It appears that the Fed is now done propping up markets as S&P; 500 hits its Death Cross

It has been 10 days since the now famous Federal Reserve interest rate announcement, with the markets having reacted as if Janet Yellen had not said a word.  For in the past when the Fed spoke of raising interest rates, a decision to keep them near zero had always resulted in a new sweep of buying that brought the markets to new all-time highs.  But after equities reached their apex in back mid-May, more than 2000 points have dropped from the Dow index alone, and the S&P 500 on Sept. 28 crossed down below the dreaded Death Cross which may have signaled that the central bank ‘Yellen Put’ may have finally ended in the bank’s policy of propping up stocks.


Read more on this article here...

Monday, October 20, 2014

Market manipulation: Thou shalt not let the stock market fall…

While many understand how the great stock market rise was based primarily on Federal Reserve QE and the pumping of trillions of dollars into equities to create the illusion that everything is fine in the economy, is there any proof of manipulation being done to keep investors from selling their stocks, and bringing the markets back to reality?  The answer to that question appears to be a resounding yes as in what appears to be one of the most egregious acts of ensuring that the S&P 500 doesn’t continue its current three week free fall, DirectEdge mysteriously ‘broke’ for six minutes earlier today, right when the exchange was headed again into a downward spiral.  But perhaps what is most disturbing from this event is that during those six minutes of downtime, insiders used this confined trading period to shoot the S&P much higher, and insert vast amounts of new liquidity to take the market from 32 points down to a moderate negative 10 points within a minute.


Read more on this article here...

Tuesday, October 14, 2014

2008 Redux? S&P; falls below 1900 with Dow losing nearly 1000 in last 30 days

While a decline of 1000 points in a market that recently resided at new all-time highs is not a complete cause for alarm, when coupled with massive declines in Europe, Japan, and a wave of global deflation fears, we suddenly find that the table is set for a repeat of the great stock market crash of 2008.
As trading forges towards a close on Oct. 13, the Dow has now lost more than 800 points since Sept. 23, and the S&P has now fallen below 1900 for the first time since early August.  In both Europe and Japan too, levels on their stock markets have been in steady decline, with the Nikkei unable to hold key technical support at 15000 despite Bank of Japan intervention just last night.

Tuesday, November 19, 2013

Stock market euphoria: Dow crosses 16000 and S&P; goes over 1800

Quantitative Easing has reached its 2013 goals with more than a month to spare.  On Nov. 18, the Dow crossed over 16000 for the very first time, and the S&P 500 achieved 1800 as each exchange set new intraday records for stock prices.

The only numbers that matter today are 16000, 4000 and 1800: those are the Fed’s closing targets for the Dow Jones, the Nasdaq and the S&P. Following last night’s Chinese euphoria which saw the Shanghai Composite surge by 2.87%, or up 61.4 to just under 2,200 on renewed hopes for Chinese reform by 2020, the Fed’s price targets should all be quite easily achievable. - Zerohedge


Read more on this article here...