I’m sure it is only a coincidence that the same HAARP cloud conditions existed over Christchurch NZ, Japan, and Chile when they had their massive destructive earthquakes. Sure wish I believed in so many coincidences.

https://youtu.be/JmmyPeGv80g

Watching what the Fed does and not what they say is good advice.

If they want to not raise rates then next weeks August employment rate will be weaker than expected. Yellen, Fisher and their cronies in the good ol’ govy can do whatever they want and make it look justified.

Gold really has little chance in this manipulated environment although considering the strength in the USD, today really wasn’t horrible. Now, all that being said, little birdy named Farmboy reminded us that no way, no how the stink market goes down before a Hitlery election and he may have a point.

Heads they win, tails we lose. Only in the near term.

One thing seems certain to me, if Trump wins they will crash the stink market like nobody’s business IMHO.

Feds reasons for raising rates but doesn’t. Just plain window dressing. All people have to do is look around as well as companies downsizing or outsourcing.

Sources say that Scalia was the single actor behind the impeachment of Bill Clinton. President Obama was aware of this and had ordered the FBI to set out traps for Scalia. We will now outline the downfall of Antonin Scalia. Yes, this is a story of secret societies, operating worldwide and ritual satanic child abuse that permeates Washington.

Justice Scalia

Satanic “human hunting” sacrifice?

https://mainerepublicemailalert.com/2016/08/26/repeat-post-largest-pedophile-ring-in-history/

Part:
More pointedly, she added, “Indeed, in light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months.”

Comment:

Why did they say that?? The Fed is using psychology. They obviously think that talking positive like that, they could fool the economy to get better faster. They learned a lot from Joseph Goebbels I suspect.

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie.

It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
Joseph Goebbels

There is no advantage for them to be honest or tell the truth. Do not believe anything they say. They are focused and responsible for managing the entire global economy. All the so called trading partners.

USA peaked in 1975, (1970 actually) Japan peaked in 1989. All other countries peaked and dropped along with the Home Depot real estate boom bust around 2008, when Americans cut back on borrowing and spending on imported rat poison. They are new at experiencing economic contractions, can’t handle it, and crying like babies with a loaf under each arm.

That means the USA the worlds biggest most important part of the global economy, and Japan less so, have priority and are the most in need for stimulation. To help the USA the Fed has to lower the Dollar.

They raised the dollar abruptly in mid 2014, to give some relief to the cry babies, and then cut them off with a LOWER dollar after Jan 1st 2016. It not very likely imo that the fed will raise the dollar again to help them. They were throw a bone. We need the BEEF.

Notes to self:

Moggy is the cat lover, Not Farmboy

Farmboy takes coffee black.  (Is that coffee-racist?)  🙂

A Grumpy Farmboy is worse than a grumpy cat.

Here’s a bag of beans to soothe the savage grump:

is a CON game for them to take mini vacations at Jackson HOLE ..one of the most Picture eske places in the country  .They wine & Dine at taxpayer expense and then decide to do it again in two more months .

Thats a nice life Jackson Hole is beautiful especially when the taxpayer gets the Bill.  Its no wonder the Fed can’t decide what to do ..”we just gonna have to do it again and again ” until the “DATA” reveals itself .Its a vacation every time they “cant decide” .Only when it gets ridiculously obvious what they are doing will they make a decision.  Its a CON GAME for living the high life at Taxpayer expense .

An old steam locomotive from the days of the Ferrocarriles de Colombia .

They PROUDLY maintained a “Strong Dollar Policy” ’92-’00 $ index up to 120. They SUCKED the final life away from US production, and transferred, or redistributed our wealth and growth over to foreign nations. Ross Perot was RIGHT in 1992 about that “SUCKING SOUND”.

Gold was strong dollar $250, Silver $4, Copper .46 cents, Heating oil .42 cents, steel .20/lb cents delivered, scrap steel worthless. Lumber also under valued. Producers were closing up left and right. US producers were forced out of business or go off shore. Low prices and more EPA regulations .

After little George got in “they”, not little George, started dropping the dollar, and put a tariff on imported steel and lumber to help the USA producers survive.

DOES ANYONE REMEMBER ANY OF THIS CRAP????

Breaking: Death of WikiLeaks Lawyer, John Jones QC, Ruled NOT ‘Suicide’

https://youtu.be/S4f7vqAeS8Y

Part:
More pointedly, she added, “Indeed, in light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months.”

Comment:
These people are completely full of crap. Most of the newer jobs I see lately, all around me, is panic spending of tax dollars by Federal to State to county to town to village.

I posted many years ago, that the USA is following Japan lock step with their deflation falling rates situation. So….If we are following Japan, then we need to see Japanese rates go up FIRST. Then we follow.

The central planners are screwed, for a very long time now.

#1 After the 2000-2001 strong dollar peak at 120, their problems started growing.

#2 March ’00 dot come bust ruined many. And started a recession.

#3 Sept 11, 2001 attack during a recession, forced the master planners to drop rates hard and fast, to create a real estate Home Depot spending boom to over ride losses from the dot com boom, and take satisfaction away from the attackers that purposely attacked during a recession, to collapse our economy.

#4 They created that real estate Home Depot spending boom with liar loans, to poor people, who could not even afford up front money to rent houses.

#5 In 2008 it was obvious their real estate Home Depot spending boom blew up in their obnoxiously stupid faces, and were forced to drop rates even more, down near zero.

For once I agree with his PM’s down into October forecast.

It’s been a long, hot, dreary and boring summer for most markets — with some of the tightest trading ranges and lowest volatility seen in decades.

Blame it on whatever, the heat, the elections, diminished investor confidence — it doesn’t matter. All that matters is …

A. We now have some of the tightest-coiled markets, ever, springs ready to explode. And …

B. Short-term cycles now pointing to those springs ready to produce explosive trends in many markets.

Put another way, all that sideways trading of the past several months is finally coming to an end!

And per my recent columns, you should know my forecasts:

For gold and silver, sharply lower into early October.

For the U.S. dollar, sharply higher into the end of the year.

For U.S. and European stock markets, sharply lower into October/November.

For those of you who like my AI charts, here’s an updated montage of gold (silver’s chart is similar), the dollar index and the Dow Industrials.

Click image for larger view

If it were me, as I noted in last week’s column …

I would hedge any gold and silver holdings you may have with inverse ETFs. For gold I would consider ProShares UltraShort Gold, symbol GLL, which is already popping higher.

For silver I would consider ProShares UltraShort Silver ETF, symbol ZSL, a double leveraged ETF, seeking to deliver twice (2x or 200%) the inverse (or opposite) return of the daily performance of silver bullion in U.S. dollars. Already smoking hot!

Hedge any gold and silver holdings you may have with inverse ETFs.

For the Dow Industrials and the S&P 500, I would consider ProShares Short Dow30 ETF (DOG) and the Direxion Daily S&P 500 Bear 1X Shares (SPDN), both unleveraged.

Lastly, I repeat my warning of last week: Everything I study, all major markets and all my major indicators, tell me we’re rapidly approaching a major inflection point in the markets.

Keep in mind, the global economic and geopolitical scene is nasty, and getting worse by the day. In addition to ISIS and domestic uprisings in Europe and the U.S. …

First, the European sovereign debt crisis is getting worse. In fact, on August 11 a bank in a small Bavarian town 50km south of Munich, said starting September 1, it would levy a “custodian charge” of 0.4 percent on deposits above €100,000.
Germany’s biggest banks, such as Deutsche Bank and Commerzbank, charge negative rates for big corporate and institutional clients and will soon have no choice but to charge retail banking customers as well.In 2014, Deutsche Skatbank, a small German co-operative bank in the east of the country, introduced negative interest rates for private clients on balances above €500,000.

All the result of negative interest rates and hair-brained policies of the ECB.

Second, disinflationary forces are still dominant. Throughout most of Europe, investors are mainly concerned with getting to cash and liquidity, and taking on little to no risk.

That’s disinflationary and it’s having a major impact on all markets, far more than most realize. Europeans who are not investing in our property or stock markets are hoarding cash, not gold.

Long term, though, it is a major force that supports the view for a major new bull market in gold, other precious metals and U.S. stocks.

But not just yet. Pullbacks are needed first. Think of the pullbacks as the forces needed to pull back the string on a bow, creating a compressive force that when released, will send the projectiles launching forward.

Stay tuned and stay safe!

Best wishes,

Larry

PS The other day saw a Russian women with a few kids buying only a few things while her kids wanting this and that they couldn’t have. These people work and very nice. Only a few dollars of food. Her debt card declined. She pulled out cash. She didn’t have enough to pay for it while the sad faces children looked on while putting things back. I thought enough and steped in up and paid for the rest of it. I wasn’t gonna let those kids go home hungry while our corrupt country caters to illegals and people who hate us.

Yep and we’re paying for their trip trip,  board and Buffalo steaks.. Again and again..  while more than half the nation eating hamburger helper .

“…a poor player
That struts and frets his hour upon the stage
And then is heard no more: it is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.” – Macbeth

I think Yellen could have stood up and said, ” Good Morning Ladies and Gentlemen. The moon is made of green cheese.” And then abruptly took her seat. The traders on Wall St would momentarily have a perplexed look on their face. Scratched their head, and then went back to the insane world of trading. Some buying, some selling, but all going back to trading. There is no rhyme, for there is no reason. Welcome to the new normal.

…like tigger.

something us goldbugs are reminded of far too often. Back to grumpy mode.

http://www.zerohedge.com/news/2016-08-26/feds-fischer-spoils-party                                                                                                                                                                                                   For sure they will raise rates and “Destroy the Equities Markets” ( you remember the 2000 point drop in the Dow with the last “rate hike” don’t you?)right before the elections. Dream on!

Is advertising Trumps rally is about hate and paranoia. Yep that’s what she’s about, her  hate for free people and prosperity and paranoia what she will do or delete next. Its all in our imagination folks.

She’s ready to change her mind already. lol

Indices Dropped after 10:00 AM:
http://finviz.com/futures_charts.ashx?t=INDICES&p=m5

And Gold dropped after 10:00 AM:
http://finviz.com/futures_charts.ashx?t=METALS&p=m5

And, the idiot dollar JUMPED after 10:00 AM
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m5

Even many of the gold miners dropped at exactly the same time in unison. Conclusion??? The price action is phony, artificial. Its totally impossible for millions of investors (some are at work and can’t trade) to do the same things at the same time??

Awesome, A worthwhile investment no unknown board member behind a desk can touch.