The Club!

http://www.coinfilter.com/wp-content...-quarterly.jpg
http://hashingit.com/images/articles...day-linear.png

Two charts for those who are still skeptical of whether price of BTC defines the future use of it. Cryptos will come, no matter if BTC stays or not in future.

secret CETA papers leaked

http://www.mehr-demokratie.de/ceta-leak.html

you can download them from this place

attention:

GOLD sentiment is very bearish now - only 7% bulls left

interestingly enough - the retail crowd is mostly bullish as can be seen on most retail broker outlets. They have been bullish there literally forever


Remembering Platinum a few months back. We then had a sentiment Index of around 5% or less bullish investors. I nearly took the long side when it was around 650 in June. But look at the charts what happened next - it went down to 520 or so.


Can we make sense of this behaviour?

Prechter once told, that the sentiment is at extremes near turning points. That is, where the crowd is wrong. But he also told, that the crowd is most of the time right in their sentiment within a wave 3. At the point of recognition the crowd gets it right and jumps on the train. That is the point, where sentiment is then at extremes and can not be used as contrary signal.

So advise is:

always check

a) wave structure
b) fib-levels
c) other supply/demand levels
d) COT data

and ask yourself, if the data alone does make any sense.

Last week I wrote:

By looking at this weeks COT data, we can notice, that the Commercials have reduced their short positions now (date: last Tuesday) from -166.000 to -125.000 contracts (shorts) and may have eventually further reduced with Fridays drop.

By judging from the various sentiment data (which are not homogeneous, and the Commercials rather quick reduction in shorts, one may conclude, that the ride further down may get a bit bumpy.

By looking at the wave structure we may have an ending diagonal situation right now. Another option would leave us with the situation, that we are in multiple 1-2's down since the 1307 high in January 2015. But I think that this is highly unlikely, unless we can make cases for Gold to be found around 200-400 over the course of the next 1-2 years.

This idea alone is rather intriguing, because I have often wrote, that if the Gold mania is to be corrected, it will be corrected down to the root of the maniac move, which can be found in the 200-400 vicinity

If the FED is about to hike rates, it may be a rather bad situation for Gold because of the deflationary character of rate hikes.

weekly TF


3day TF (for visual reasons)


timingcharts.com COT data

Also add to that China problems, that has very significant impact on comodities pricing, no matter where extremes are. In short term i dont see anything that could lift gold up. Supply and demand no longer counts for USD nominated gold, China only adds to down side, FED hiking would be devastative to bulls, Hedge/investment funds are now net short, Gold is a buy unless you are buying it in USD. Then its a no go. But just to point it out again, gold is gaining against 99% world currencies for past 20 years steady year on year, with exception of USD for past several years.

Hello, guys,

We have a break through daily and weekly at the same time.
The next train stop is 1,055.

Best
D.P.

ONE PRIVATE OPINION


War in Ukraine Will Resume Soon - Top Russian Theorist (Alexander Dugin)

Western media are eager to advance Alexander Dugin as a Russian fascist and the brain behind Putin - he isn't the former and certainly not the latter, as the two are more often at odds than not.
Nonetheless, he is an interesting thinker and with considerable influence on various Russian patriots
He has recently broken a one year media silence to give an exhaustive interview on the results of the pro-Russian unrest in Ukraine last year, the war in Syria, and the inevitability of a final battle in East Ukraine.
He argues that renewed war in Ukraine is even more likely now than before because it is the US's only means to parry Russian successes in Syria.

1. “The war in Donbass will be imposed on us by Washington and Kiev.”
2. “And if we were not fighting ISIS in Syria, then we would have to do it in Central Asia.”
3. “Yes, we are losing (in the Ukraine), but we haven’t lost yet so far as the Donetsk and Lugansk people’s republics control the border.”

http://katehon.com/topic/geopolitics...-and-kiev.html

Best
D.P.

http://www.zerohedge.com/news/2015-1...euters-reports

Just a matter of time...EUR is going down whether FED hikes or not.

Indeed,

soon USDX should retest level 100 (probably last barrier to parity) ... should be interesting to see what happen there.

The Russian Question - How The War Party Has Demonized Putin & Co



Ban Russian Track And Field Athletes From 2016 Olympics, Commission Urges

LOL - all what it needs to establish an independent committee is 2 Canadians and 1 German LOL LOL LOL

Btw: what about all the other doping cases worldwide, like in soccer, biking etc., or the highly corrupt FIFA etc.

I would say: ban all the sports........


And what about the central banks on steroids?

And what about all the corrupt politicians? Ban them all......

What about a war warmongering Nobel Peace Price winner? Ban him too......

What about a lying NATO (we will not move to the east!)? Ban them, too.......

What about lying Governments and spy agencies (Irak has WOMD, for example)? Ban them too.......

and on and on.........



Defense Secretary Suggests Putin Might Nuke America, Says US Will "Defend International Order"

when they say "international order" - do they mean in fact the US law and order?



Legendary US Army Commander Says Russia Would "Annihilate" US In Head-To-Head Battle

subtle approach to print more money in order to bolster the arms industry, isn't it? And to justify, that a very big chunk of GDP is used (wasted) for the military complex......

I can not vomit as much as I would like to do



How long will the uninformed masses fall for this?

http://www.elliottwave.com/pop-trend...the-World.aspx

Ye 100 USDX should be tested before 1.000 on EU. Probably 1.050 of EU, so 1.05 thus could be bouncing some, 1.05 is heavy demand zone anways. Road till December ECB/FED is good to long around those two (one) level if we land there, but during Dec those two levels can be gone easy if either of CBs delivers.

http://www.zerohedge.com/news/2015-1...-fed-president

Hahaha. So true.

They come from EU 0.900 self, thats where lyrics comes to listen to hail. Not much popular now, will be in year or two to sell. I..parpapaprapapapapa.

Ahh, the 80's ... love it, been there long time ago.

Btw USDx showing sign of exhaustion and EU bulls seem trying to enter the market today..

https://www.change.org/p/tell-presid...spital-bombing


Tell President Obama to Consent to Independent Investigation of Kunduz Hospital Bombing

Doctors Without Borders/Mdecins Sans Frontires (MSF) USA

Well its rather pointless doing so. Imagine someone telling that Wermacht in WW2, that bombing hospitals and refugee camps is bad and should be conducted. Its war. However this petrodollar war in middle east is so separated by time, actions and whatnot that most people arent sure if USA is even at war or not. Thats why people are still trying with rationality, once it goes full blown noone cares anymore.

As long as hope springs eternal, it will never be pointless to point it out

Won't it?

Ofcourse, that is the beauty of good human beings. No matter how much shit goes on in the world you can still find people with right wheels in their head.

Woah talking about massive moves. 500 to 300 in quick days, just as much 300 to 500 heh.
http://prntscr.com/91ono2

Got few longs on 370, only 2 more to add on 250 if gets that. Cryptos following penny stocks rules closely. Rises can be quick and large. But selloffs are brutal

See, there seems to be hope:

Snowden Vindicated As Judge Slams "Unconstitutional, Orwellian" NSA Bulk Spying

"This court simply cannot, and will not, allow the government to trump the Constitution merely because it suits the exigencies of the moment,”