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Last week Shipping started up..Now Homebuilding ,even while headed out of Season ,and NOW Timber &Forest Products breaking out….

By Tony Plohetski

American-Statesman Staff, KVUE News
A Travis County grand jury Friday indicted Gov. Rick Perry on two charges related to his effort last year to force District Attorney Rosemary Lehmberg to resign after her drunken driving arrest.

Grand jurors charged Perry, 63, with abuse of official capacity, a first-degree felony, and coercion of a public servant, a third-degree felony. The first charge carries a punishment of 5-99 years. The second charge is punishable by 2-10 years.

The indictment stems from Perry’s threat last summer to withhold $7.2 million in state money from Lehmberg’s office unless she step down – a threat he later carried out by vetoing an appropriation in the state budget.

Mary Anne Wiley, General Counsel for Perry, said in a statement following the indictment: “The veto in question was made in accordance with the veto authority afforded to every governor under the Texas Constitution. We will continue to aggressively defend the governor’s lawful and constitutional action, and believe we will ultimately prevail.”

cont. http://www.statesman.com/news/news/rick-perry-indicted-for-lehmberg-veto-threat/ng3zF/

variegated pineapple.  the first pic is what it looks like in my greenhouse (sugarloaf pineapple in the shadows to the right).  the second pic is what the nursery brochure says it looks like when it blossoms.

waiting for metals to rally,  waiting for pineapples to blossom.  i’m getting pretty good at waiting.   …at least i’m getting a lot of practice.

Yep. It just never ends,  non-stop short fest from the commercials in gold and they probably added a boatload more today. What I don’t understand is the silver market. That COT Report was pretty bullish for silver.

Course, the reality is that these COT Reports are bogus and give no indication of future pm movement.

http://www.cftc.gov/dea/futures/deacmxlf.htm

Unfortunately there is nothing that indicates future movement in the pm markets, not COT Reports, not charts, absolutely nothing. Morning slams come out of nowhere for absolutely no fundamental reason.

in gold. So, pretty obvious why

gold needed fleecing for the 115th? time in 13 years.

to ponder.

No doubt the US wants dollar dominance and a move away forces it into a difficult way of life. But why Russia?

Russia is not an economic powerhouse. Europe can do little in the short run about relying on Russia for gas, so why provoke? I just wonder if Russia isn’t going to do the unthinkable and link its currency to gold in the way Jim Sinclair stated years ago.

For countries in the West and Japan in the East it would be a complete disaster for their bond markets. Just a thought.

Your inquiries make me think Armstrong is right: It´s just time… energy moving in cycles, time-wise… so in a strange way the question “Why?” or “why now?” is futile. It simply was time for it to happen.

Homebuilders just gave me a BUY signal ,last week it was Shippers and still working !

New Charts system working !

We had SPX hit the apex of a rising wedge and $/Yen the downtrend line.

Previous, we had old and silver crushed on no news.

Then, out of the blue, or not we have the Ukraine issuing a statement at precisely the right time for the rising wedge to collapse. And now, we get Russia stating that there was no such incursion and the Ukraine story is simply not true.

The one sector no one can explain is the 30 year bond just keeps rocketing higher.

Who decided to release those unsubstantiated headlines at the precise time? The US clearly has non stop surveilance of the Ukraine border, so where is the State Dept.? and why were they not consulted before running the headline?

Stocks and bonds and metals are a trillions in price and I see no one saying that entities use the media to reap endless profit.

September is the key!

Gold & Gold Stocks Consolidate Before Fateful September

Cameron couldn’t “co-ordinate” tieing his shoe laces.

Aid convoy to Ukraine faces disruption, may be attacked – Russia

Moscow has information that the convoy delivering humanitarian aid to eastern Ukraine may be attacked by Kiev’s forces, with the “punitive” Aidar Battalion planning to mine the road that the vehicles will use, the Russian Foreign Ministry says.

On Friday, Moscow accused Ukraine of attempting to disrupt the humanitarian aid convoy now that the preparations for its delivery have reached their final stages and all key issues have been agreed upon.

“We draw attention to the sharp intensification of military actions by Ukrainian forces with the obvious goal to block the route, agreed upon with Kiev, of the humanitarian convoy from the Russia-Ukraine border to Lugansk,” the Foreign Ministry said in a statement.

In Moscow’s view, all this gives the impression that there are people both in Ukraine and abroad who are willing to disrupt the humanitarian mission, even “at the cost of new casualties and destruction.”

“Those nurturing such criminal plans are taking huge responsibility for their consequences,” the ministry said.

cont. http://rt.com/news/180664-ukraine-russian-humanitarian-convoy/

no doubt. Suck them in and then fleece them.

If we know one thing for sure these “event” driven moves don’t last.

GDX uptrend 3 touches

(Reuters) – Tribal leaders and clerics from Iraq’s Sunni heartland said on Friday they would be willing under certain conditions to join a new government that hopes to contain sectarian bloodshed and an offensive by Islamic State militants that threatens Baghdad.

Members of the Sunni Muslim minority made their offer after Iraq’s most influential Shi’ite cleric, Grand Ayatollah Ali al-Sistani, threw his weight behind prime minister-designate Haider al-Abadi, a Shi’ite trying to form an inclusive government in a country beset by daily bombings, abductions and executions.

Abadi faces the daunting task of pacifying the vast western province of Anbar, where Sunni frustrations with the sectarian policies of outgoing Shi’ite premier Nuri al-Maliki have pushed some to join an insurgency led by the Islamic State fighters.

The tribal leaders and clerics said Sunni representatives in Anbar and other provinces have drawn up a list of demands to be delivered to Abadi through Sunni politicians, their spokesman Taha Mohammed al-Hamdoon told Reuters.

cont. http://www.reuters.com/article/2014/08/15/us-iraq-security-idUSKBN0GF0Z620140815

I would imagime the momo crowd is at rule for now. Then their will be a great op for them to kick the kooteneys out of em.

yeah, CNBS now using the term “coordinated” with Cameron.

Regardless, I don’t want to see the US or UK involved in the Ukraine militarily anyway.

“Wouldn’t put it past Vlad to have sent it in deliberately to stir up more trouble…he’s playing chess.”

Yep and it seems like he’s always a move or two ahead of us.

I think Pootie will still respond. A couple of airstrikes would certainly spike everyone’s adrenaline!

hit its downtrend line of 9 months as the news hit and is now collapsing.

Another coincidence that hit perfectly. All so unbelievably orchestrated.

ya think they’ll be able to print G & S positive today?

Apparently he got Cameron’s blessing.

Which just put an ‘effing great target on the UK’s back !!!!

That fu*kwit Cameroon has downsized our Armed forces so much, that they no longer exist in any real sense…..The idiot has even built an Aircraft Carrier, that has NO planes while cutting/starving all the other services.

We have never been this weak since Ethelred the Unready and now he is playing these games….God save us. Damn I’m angry.

That time of the summer again. Ladybug and I are off to Banff National Park with 3 grandkids and 1 of their friends for a couple nights. It’s all gold to me, so I care not what the fiz does today. WELL, to a point…

See ya Monday.

never would have believed this would be a + day. How long it lasts is another story.

So far gold is onlyback to the neckline of the 10day old 60m hs top neckline

Yup looks like yr right, it was the Armed one that was hit….so this is just another escalation.  Tks

Wouldn’t put it past Vlad to have sent it in deliberately to stir up more trouble…he’s playing chess.

The news out of Ukraine hit just as the SPX was hitting the apex of a bearish rising wedge.

Coincidental that is not.