Money Flow Trading Method along with Risk Management

Good Day

Hope everyone is doing well.

Nice trades Benjamin.

Here are the charts.

http://www.zerohedge.com/news/2017-0...ops+to+zero%29

BofA: This Entire Rally Has Been Institutions Selling To "Animal Spirited" Retail Investors
http://www.zerohedge.com/sites/defau.../picture-5.jpg
by Tyler Durden
Mar 21, 2017 1:13 PM

Another paradoxical observation emerges when combing through the latest Bank of America data.

First, as discussed earlier today, while a net 48% of surveyed fund managers had an allocation to equities in March, the highest in two years, this flood into stocks has taken place even as the highest number of respondents since 2000 admitted stocks were overvalued.
http://www.zerohedge.com/sites/defau...lluation_0.jpg
That was one part.
The other part is that while fund managers respond that they are loading up on stocks, what they are doing is very different, and as BofA's Jill Hall reported overnight, the bank's clients sold stocks for the fifth consecutive week led entirely by institutional clients.


According to the report, last week, during which the S&P 500 climbed 0.2% (but remained below its early-March highs), BofA clients were net sellers of US equities for the fifth consecutive week, in the amount of $891MM. ETFs continued to see muted inflows, while single stocks saw outflows. There was one smallchange: unlike the previous four weeks, when sales had been broad-based across client groups, net sales last week were entirely due to institutional clients, while private clients and hedge funds were net buyers for the first time in five and seven weeks, respectively. These two groups had been the chief buyers of equities post-election prior to the recent selling streak. In other words, while previously the great rotation was out of institutions and hedge funds to "animal spirited" rich retail investors, last week hedge funds joined the buy parade, perhaps pressured by a need to catch up to their benchmark at quarter-end, and buy any overvalued garbage they could find.


More details:

1. Clients were net sellers across all three size segments last week. Buybacks by corporate clients slowed from the prior week's levels, and year-to-date continue to track their lowest of any comparable period since 2013.
2. Biggest buying of Health Care stocks in over a year
3. Clients sold stocks in eight of the eleven sectors last week, led by Consumer Discretionary and Industrials (which have both seen net sales for the last five weeks). Real Estate-the worst-performing sector in March-continues to have the longest selling streak (for seven consecutive weeks).
4. And amid the Fed rate hike last week, Utilities saw their biggest sales in three months. Health Care stocks saw the largest net buying, with the biggest inflows since last January and the first positive flows in six weeks, driven by institutional clients. This sector saw the greatest outflows of any sector in 2016 and has seen the second-largest outflows (after Discretionary) year-to-date.
5. Bearish sentiment, light positioning and attractive valuations are several reasons we are positive on Health Care stocks, where we see political risks as overly discounted. Other sectors which saw inflows last week were Materials and Telecom, where flows into Materials were the largest since last February.

Other notable flows: Broad-based sales of Disc. & bond proxies

1. Hedge funds, private clients and institutional clients alike were net sellers of Consumer Discretionary stocks last week-which typically underperform during tightening cycles-along with stocks in the bond-proxy sectors of Utilities and Real Estate. No sector saw net buying by all three groups.
2. Hedge funds' net buying last week was spread across five cyclical sectors, while private clients' net buying was entirely in ETFs and Financials stocks last week.
3. Pension fund clients were net sellers of US stocks for the second straight week, led by sales of ETFs and Real Estate stocks. Their biggest purchases last week were of Energy stocks. For more details, see Pension fund flows.

Finally, here is the breakdown of institutional, HF and retail client flow prior to US election through present. What it clearly shows is that the whole rally has been one "great rotation" from selling institutional investors to buying "animal spirited" retail traders.
http://www.zerohedge.com/sites/defau...%20sales_0.jpg
And when institutions sell enough, the bottom from the market is pulled, retail panics to sell as the S&P tumbled, institutions reload, and the whole cycle repeats.

Thank you very much Rocky007 for the kind words. You are correct about my nature and I enjoyed listening to the song.

I always had respect for you as you remind me in some ways of myself. What you see is what you get and if you do not like it then just move on. Anytime I can be of help to you in anyway please just ask.

Best regards


Benjamin

Thank you for the daily charts KeepCalmfx.

Why these charts are especially important to look at today with RISK OFF is it CLEARLY shows our CORRELATION with the MONEY FLOW.

SO as US 30 and SPX500 went down sharply we see that USD/JPY got stronger toward 112.000 and the MONEY Flowed from the Equities in North America back into the US Bonds which are of course the 2 Year US Bonds , 5 Year US Bonds , 10 Year US Bonds and the 30 Year US Bonds.

Since the US Dollar Index went down in this case certainly, Gold and Silver went up sharply.

What I find interesting as an observation EUR/USD held fairly steady all day. That for me is a sign of weakness of behavior. It is just something to take note of.

I sincerely hope those that are not yet convinced that MONEY FLOW TRADING is what they should use , I again recommend that you take the time to understand it and use it as your Forex trading results can only improve.

MONEY FLOW TRADING WITH CORRELATION is our EDGE and yours if you care to use it. Knowledge Is Power only if it is used and applied.

This was a good Forex Trading Day for me and tomorrow I can start FRESH ready to face with great confidence another Forex Trading Day.


Benjaminis

The following was from my post 2001 and I have copied it and will paste it here now so I again can summarize how we trade to become winners in Forex.

We have until March 31, 2017 , 4 TRADE PLANS.
(1) Short US 30 - 100 units - STOP LOSS - $1000 US Dollars - Risk Reward at least 1 to 1 maybe as high as 1 to 3. Lower stops once you have minimum profit.

(2) Short USD/JPY - 100 units - STOP LOSS - $1000 US Dollars - Risk Reward at least 1 to 1 and LOWER STOPS to always lock in minimum profit of $250 US Dollars.

(3) LONG Gold - 100 Ounces - STOP LOSS - $1000 US Dollars - Risk Reward at least 1 to 1 and as High as 1 to 3.

(4) Long Silver - 5000 Ounces - STOP LOSS - S1000 US Dollars - Risk Reward at least 1 to 1 and as High as 1 to 3.

THAT IS IT !!! Just have the DISCIPLINE to do it !!!

AS FOR FEAR OF LOSS , FIRST LEARN ON YOUR $50,000 US Dollars FXCM UK Demo Account. Unless you are really really good now STOP trading Real Funds.

This is about learning good habits and getting confidence then you will trade much more effectively with your own funds and I strongly suggest a Minimum Trading Account of $10,000 US Dollars and then you can NEVER have on more than 20% of your capital or no more than 2 positions of 100 units at any one time.

From Post 1453 - Our Method

For New Readers From Post 1172 - Money Flow Method with Risk Management.

I post this again so there is NO DOUBT on How To Trade Forex and Earn Money and Protect Your Capital.

Once again , I try hard for everyone to understand all the parts that would guarantee your success if you have the necessary skills and DISCIPLINE. I can not guarantee that you do however I will know for sure by your Forex Trading results. It is up to you not myself as I have done my part and at least three of our Forex Traders are learning well. The three that are working on it and participating. IT IS THAT SIMPLE and that has too be clear so JUST DO IT !!!


Benjaminis

I first want to talk about having an EDGE. Fundamentals by themselves is not an EDGE. However using Money Flow between Asset Classes from here on I will include in my basket of 100% of what a winning Forex Trader needs. I will not refer to it as a fundamental anymore since new people coming to this thread put my method as including Money Flow as a fundamental which it actually is however not in the same way as most people understand Fundamentals.

This week we will get to see Non Farm Payroll (N F P) and as any experienced Fundamental Forex Trader knows it usually is a fantasy number created by the BLS however next to a FED rate announcement it is the one number that can move markets hundreds of PIPS in seconds and minutes.

Whatever the number Trillions of Fiat Currencies and other Asset Classes will start to change values as we "SEE" the Money Flow. That is why I call it my EDGE and once you know it and understand it well then it becomes your EDGE as well.

Here are the 5 important things that any Forex Trader that belongs to the minority of constant profitable Forex Traders , which I have named , The 5% Club needs to have. Of course in my opinion, I would think that very few Professional Forex Traders use the EDGE. Of course when you know about it then anyone can use it.

Each of the following five important things which I have given a weighting of 20% to each makes up what a profitable Forex Trader needs to have in order of IMPORTANCE.

(1) The ability of the Forex Trader to control their FEAR and their GREED and their EGO. Perhaps the last one is the most important of the three since the MARKET is always right. Using Money Flow puts you with the Market instead of against it as your Forex Account keeps losing the value in it.

The reason that I teach Forex Traders whether experienced or new to Forex trading with a $50,000 US Dollars Demo Account is because that is how I learned my trade starting during 2003. By learning to trade with $50,000 US Dollars in Demo Funds, then I had no FEAR or GREED. However after 3 years of Forex Demo Trading I surely had EGO since month in and month out my Return On Investment (ROI) was constantly over 10% a month or 120% a year.

(2) Money Flow. I have now explained why.

(3) Risk Management. That is next to Money Flow the KEY element of my Forex Trading since when you blow your account whether you are trading with too little capital as the majority of Retail Traders are or because of a Black Swan event such as Brexit or Europe banking issue such as we have in Italy at the moment or the Swiss Central Bank as they did a few years ago say one thing and then next moment announce a major change in their policy and 500 PIP movements happen in seconds. The absolute MINIMUM Forex Account that I would and could trade with would be $10,000 US Dollars. I would be glad to answer questions as to why although most will understand. What if you do not have $10,000 US Dollars trade with ? Prove to yourself that you have the skills and the knowledge to trade with profits then you will have no problems finding funds to trade Forex with. After my 3 years of Forex Demo Trading, I went out and found 6 clients that first deposited initially $50,000 US Dollars and within 3 months along with the profits that I was generating in my first three months of Forex trading from March 2006 to June 2006, I was managing well over $100,000 US Dollars.

(4) Technical Indicators which includes all parts of it whether Support and Resistance or Supply and Demand or Pivot Points. I use when I do daily trades the 5 Minute Charts along with the 15 Minute Charts and 30 Minute Charts to go along with the 4 Hour Charts. When you toss a rock in the river the first ripple is the 5 Minute Chart and then on to the 30 Minute and the two others. I use other indicators aside from the standard ones which are SAR and Fractal and Awesome Oscillator. The most important one that I look at when I enter into a Forex Trade is Support and Resistance so if I am going long or short I enter either at the TOP or BOTTOM of the Chart that I am using. Of course my Risk Management protects me from Human Errors or EGO.

(5) Fundamentals. I am fairly sure most of those reading my words today or whenever they read it might be surprised how a Forex Trader such as myself who posts a tremendous amount of research can list fundamentals as number (5) in order of importance. It is the research that allows me to clearly understand the difference between PERCEPTION (Markets) and REALITY (Research) Then I know what will most likely happen in the future and I am better prepared to deal with it.

I hope that this post of my daily Morning Thoughts answers some of your questions both for the 12 Forex Traders using the $50,000 US Funds Demo account with FXCM UK or anyone else. There is no reason that an experienced trader reading this thread or anyone else to not open a $50,000 US Dollars FXCM UK account so they can use the knowledge that we share here to learn new things and try them without having any FEAR of LOSS !!!

As always , I look forward to feedback and thoughts and anything that you care to share with us on our Thread.

Benjaminis

excellent post Benjaminis

may I add my two cents to it, when it comes to "what does it take to be a Forex trader", my anser is always: "it depends", but I try to go a little bit into the mindset thing here because I think this is often ignored but most important.

before I start I want to point out that I am not a swing or turtle trader and they might disagree with everything I say.
Everything I say comes from the perspective of a shortterm intraday "Size" Scalper (and "nerd" technical analyst), please be aware of this.
Also, english is not my native language. Please bare with me.

So...

(1) Money
The amount of money you start with doesn't really matter. If you only have small money, trade small accounts, it's fine. You need to start somewhere. I started with nothing, so yes, it is possible and microaccounts are a good start if only have little money.
It is often said that you trade a large sum of money different than a small account. Well, from my perspective I can honestly say: this is not true (for me).
This becomes more clear when I explain what I do, what money means for my trading, and how I trade. (see 2 and 6)
You need some money to start with, and you must be 100% willing to LOSE this money. It must be of no value to you. Please never trade money that you are not willing to lose. The actual amount does not matter. For someone who has a large amount of money 100 euros is not much. I know many people who live and die on much less then 100 euro and for them it makes a huge difference. Money is money. You alone put the value into it.
So, regardless of what amount you start with, make it an amount of money that is of no value for you and it doesn't make a difference in your life when you lose it. (because in the beginning, you will).

(2) Mindset
What is your relation to "money"? What do you think of time? Are you tough enough?
Money for me is an "asset". Nothing more, nothing less. My trading evolves around two things:
1. protect my assets
2. add more assets
In my opinion, to be a "good" trader you must be 100% indifferent to money. If your happiness depends on money and you can't live without enough money in your pockets, DON'T TRADE. Because you will always trade from the place of fear and this, my friends, is the wrong mindset.
Losing is part of the business and to become a winner you must learn how to lose. A lot has been written about trading and about how to become a winning trader. But if you don't know how to lose and how to manage your losses and yourself when you lose, you will never be a winning trader.
No pain No gain. This stands true in life and trading.
Are you willing so spend all day infront of computer screens, surrounded by charts, lonely, nobody understands what you do, wasting quality time, to stare at a loss at the end of the day? And are you willing to come back tomorrow and do it again, and burn even more "money"? Can you deal with this over days and weeks when everything goes against you and deep inside yourself you start doubting yourself? Trading is the hardest way to easy money, not the easy way to hard cash. It takes stamina, you must be tough and sometimes reckless with yourself. You spend a lot of time, and it's not good for your health. And you don't know if you get paid at the end of the day. Nobody wants to hear this, and nobody wants to tell you this, but it's the truth. So you want to become a winning trader? Deal with the truth, it's that simple.
The quality of a winner shows in the times when he is losing. Learn to manage your assets, and manage yourself. Then you have a chance.

(3) Competition
You are not in competition with anyone but yourself.
Once you understand moneyflow and how institutional trading is done, who makes the markets, who and what moves markets, then you understand that you are not competing against anyone. Technicly you do because someone always must take the other side. If you BUY, someone must SELL. If you SELL, someone must BUY. Otherwise there is no trade. But, the "other side", often called "the evil marketmakers" or even your broker who sit in between, these guys they are not your enemy. If you understand how markets really work and how money flows, then they become your best friends. It is up to you if you try to compete against the smartest people on the planet and their automated processes that never sleep, or if you rather be smart and trade "with them", not against them.
As a retail trader, we are very small dogs, chasing firetrucks. Never forget this.

(4) Hope
I read through many forums and I read the word "hope" quite often.
In trading, there is no place for "hope". If you make a trade because "I hope the price will go up now", then you are doing it wrong.
if you get into trading because you hope it makes you rich and you never need to work again, then you are lost already.
Nothing more to say on this topic. There is no place for "hope" in trading.

(5) Fear
There is no place for fear in trading. I want you to print out a sign in big fat letters and pin it over your workspace: "NO FEAR".
You can never let your emotions controle your trading. So you took 5 losers already and there is the clear signal? Execute! It is your job to take the trade. It does not matter what happened before this trade. There is only this present moment. There is the signal, trade!
If you have problems with fear, become a meditator. It helps. (it really does, I'm a buddhist and I practice Zen, no joke )
Know no fear. Never.

(6) it is all Pips
Now may I lead you into a Forex Scalpers world.
I already explained why money is not important, and here is the why:
It's all just Pips. I don't even look at the money. Maybe once a day I check the account balance/equity. I trade on a strict (very conservative) risk management, so I must know my equity. But that's the only reason.
In the trades themself, it is all just Pips.
I am a priceaction correlation Scalper. That means, I watch moneyflow between multiple currencies, and their correlations, and I wait for certain signals.
When I get a clear signal, I enter a trade on this specific pair. Most of the time I fire the same trade "blind" on the correlating pairs! This way, if the main trade (the one I took the signal) moves my way 10 Pips, I don't make 10 Pips but much more, because moneyflow / correlation between pairs. Usualy I watch and trade 12 pairs on two accounts at the same time.
I hunt Pips and at the end of the week/month I only care on how many Pips did I make. (I don't care for daily results, they don't matter)
Where a swing trader on the weekly chart might care for how much money he makes, my only focus is on how many pips I make in the time I spend with this.
Yesterday for example, I took 2 hours of preperation, I got a signal on NZD/USD, took it and took 5 correlation trades along with it. After 29 minutes I closed all trades. 77 Pips, times 2 (2 accounts) = 154 Pips. In 29 minutes.
You can not do this when you trade with fear of losing money. It is all about the Pips and the time...
...which leads us to

(6) time
It is limited. It is the most important asset in existence.
Don't waste it. Do what you love and do it with passion, dedication.
Then, money will come. Don't worry, and never forget to smile

cheers, Teek

https://armstrongeconomics.files.wor...tem-081111.pdf

This article was published on August 11, 2011 and it is so precise in it's analysis and it needs to be printed out and studied as Martin A. Armstrong , former Chairman of Princeton Economics International , Ltd. has predicted with incredible precision what would happen from the time of this 14 page article in PDF file format and where we are today. He actually mentions Donald John Trump in the article of course unaware that on January 20, 2017 that he would become the 45 TH President of the USA. When you finish reading and digesting this article you will understand so so clearly why what is happening today especially between Democrats and Republicans must happen.

I would like to discuss this most amazing and incredible article in more detail however I first wanted to share it here. For the record I have had a printed copy of the article and I read it again today as now it has real meaning so having it allows me to better understand it in today's very very dangerous world.

CONSPIRACY THEORIES are one thing I have never been a supporter of since most are often DISINFORMATION that allows the real schemes to go on unnoticed. They also tend to assign to people knowledge of an omnipotent nature. The Mortgage Crisis was a nightmare, but those that were responsible only look at the immediate rewards. They do not look at the COLLATERAL DAMAGE nor do they have a clue about international global ramifications. It is far more dangerous when you realize there are a lot of people who only look at the immediate objective. They had no idea that rigging the mortgage market would bring down the whole system. Even Goldman Sachs needed to be bailed out and borrowed $5 billion from Buffett.

These people see only the money in front of them, not the collateral damage tomorrow. Now we have the VERY SAME mistake once again. The S&P Downgrade was about as stupid as if it were carried out by trained chimp. I believe the S&P Downgrade was a market manipulation no different than when they rated mortgages AAA. They only saw the immediate profit from quick trade. I believe they were too stupid once again to realize they were pulling another foundation stone out of the pyramid we call the Global Financial System. I believe it was irresponsible, dangerous, and has set in motion a meltdown of global confidence that is driving volatility much higher for the second half of the year. CONFIDENCE is collapsing worldwide. So thank you S&P. What you have set in motion cannot now be put back in the bottle. You have now caused people to assume France will lose its AAA and European banks hold the sovereign debt of troubled European nations. So the whole world is coming unglued. Great job!

Capital is acting in its traditional role as Hoover said, like a loose cannon on the deck of a ship in the middle of a torrent. It is beginning to hoard, flee, and shift investment strategies out of a hard-wired response of self-preservation and the whole world in now suspect. The downgrading of the USA was one of the stupidest moves I believe I have EVER seen. These people I believe have no clue about the global economy and everything is instantaneous parochial gratification. They fail to comprehend what they are messing with. I have been so inundated because of this stupidity from the four corners of the world. What has been unleashed is just a total breakdown in confidence where people are now questioning absolutely everything.

The most fundamental issue that supports everything is CONFIDENCE. You can’t possibly invest unless you understand and have CONFIDENCE in what is happening. A real trader must have conviction that his comprehension of what is driving the market is correct. Standard and Poors has cause so much damage to CONFIDENCE it is just not funny anymore. In the instant case, the S&P Downgrade is the icing that appears to be one of those desperate attempts to rig the markets to create the PERFECT TRADE. Not that we are in the land of stability. Our politicians will not fix the problems because they will only act AFTER the crisis and then lock up peripheral characters that were not responsible. Ralph R. Cioffi and Matthew M. Tannin were two Bear Stearns hedge fund traders who were criminally charged in Brooklyn and the prosecutors tried to blame the entire mortgage collapse on these two men. The jury found them innocent and the government full of shit charging these two traders ONLY because Bear Stearns collapsed. It is only Manhattan courts change transcripts and enjoy a 99% conviction rate. The judges in Brooklyn are not as morally depraved as in Manhattan. This shows how they will never charge the real culprits, only the fringe. However, the government would never have charged these traders if the firm was still viable. Everything that takes place is carefully orchestrated and with a purpose. This S&P Downgrade is bogus! But don’t worry, nobody will be charged with insider-trading.

What makes this S&P Downgrade bogus and a likely market manipulation is the fact that it is political and not economic driven. When S&P downgraded AIG taking away their AAA status, the stock had already collapsed by at least 50% and the market had rendered its judgment. S&P simply does NOT downgrade in anticipation. It reacts ALWAYS to market movement. Something ain’t right in Kansas on this one Dorothy. There is no place for REAL money to invest BUT US Treasurys which is why the markets are clearly showing S&P was WRONG as Treasury yields go even lower.

Japan is in a debt crisis and Europe will be torn limb from limb because of stubborn politicians who are trying to defend their structural design that was flawed from the beginning. Plus the US$ is the RESERVE CURRENCY meaning about two-thirds of foreign central bank reserves is held in US Treasurys. Everything trades in dollars, oil, gold, and just about every other commodity in the world. That means dollars facilitate world commerce. The S&P Downgrade is suspect for it is a departure from the norm and reflects an arbitrary action. Only an investigation would reveal the truth just following the money. But then again, does government really want to follow that path when it is obvious where it would lead? The S&P Downgrade may just be the Kiss of Death to the whole PERFECT TRADE game. It believe S&P leaked what they intended to do to key clients in advance. Watch earnings next quarter! Meanwhile, a broker at Wedbush, an investment bank, Lucy Nobbe, hired a plane to fly over the headquarters of Standard & Poors on August 9th dragging a banner reading “Thanks for the Downgrade. You should all be fired.” Lucy captured the heart of the entire issue. This is by no means a NORMAL downgrade and it reeks of the stench of insider trading to goose dismal performance sheets for the first half of the year and politics. Lucy as they say is Australia – Good On Ya! It would be nice just once to see a real criminal investigation and those at S&P perhaps deserve free room and lodging for a decade of so as their bonus.

This symbolizes EVERYTHING that is wrong with the financial markets in New York that are placing the entire world at risk. But what the hell; to speak out against New York is akin to the old medieval crime of heresy and death by fire at the stake. As Lucy has demonstrated, the corrupt bastards in New York are giving the rest of the firms and people a very bad name! Market manipulations have been a growing problem ever since the Commodity world did a reverse takeover of Wall Street in the mid- 1980s namely PhiBro with Solomon Brothers and J. Aron & Co with Goldman Sachs. The stories that fill the web about such gray areas are too numerous to list. Even Forbes Magazine Questioned Goldman Sachs’ involvement in the oil markets in an article “Did Goldman Goose Oil?” published on April 13th , 2009. http://www.forbes.com/forbes/2009/04...goose-oil.html However, while New York has been dominated by the questionable conduct of a few, what is important to comprehend is that NO MANIPULATION is possible where a bull market can be artificially converted into a bear market. Here is a chart of the Panic of 1869 where the term “Black Friday” was coined because the riot on Wall Street turned into dragging the bankers out of their offices and hanging them on Wall Street. They sent in troops to suppress that panic. But look closely at this chart. The high in gold actually took place in 1864. It was a bear market and this manipulation was an attempt to actually turn a bear market into a bull market.

It completely failed. Modern attempts at manipulation that have been successful GO WITH THE TREND and just GOOSE the volatility as we have just seen. These modern types of manipulation are seeking the PERFECT TRADE that is of course GUARANTEED. The recent trial of Galleon shows that the government can call anything “inside trading” and prosecuted on absurd arguments that phone calls about earnings was inside info. But such info is NOT by any means a GUARANTEED trade. But the trial of Galleon was a show to pretend they prosecute people for this stuff when in fact the real INSIDE INFO is the GUARANTEED trades that nobody will investigate because they lead right down the rabbit hold nobody in New York wants to talk about. When the regulators are in their pockets, this type of shit is more likely to cause a world war if people start rioting overseas about US market manipulations.

Even Goldman Sachs who claims to be the smartest firm to ever exit lost money on 15 days in the second quarter, which was one of the worst trading performances they posted in recent time according to their regulatory 10-Q filing. Only four days did their trading revenue rise above $100 million. In July they reported only a profit of about $1 billion a figure sharply below expectations of $2.27 a share. Also in the filing, Goldman says it is dealing with several legal matters and "reasonably possible" losses from these claims may amount to as much as $2 billion. They conceded there are now a handful of regulatory investigations. Goldman did recently pay a $10 million fine to the Massachusetts Securities Division following an investigation into whether its stock research favored some customers over others. Goldman would funnel short-term trading tips, generated at times by its analysts, to its biggest trading clients.

Goldman also disclosed that it is "in discussions with the S.E.C. staff and the Finra staff concerning resolutions of their proposed charges" in connection with the same matter. But none of these investigations ate truly material for they will only involve small fines. You also have to realize that some analysts are in the pocket of the same crew and have links into even the press. And then mainstream press will not even report that judges change transcripts in New York when there are published cases on it. One must always be alert concerning the shenanigans that have been going on in New York for quite some time. You must also be careful about the source of forecasting. A notorious pro-government and pro-NY institution judge, Milton Pollack who died at the age of 97 on August 16, 2004, just five months early protected Merrill Lynch & Co dismissing of suit filed in federal court in New York accusing it of artificially inflating value of Tyco International Ltd.

The SEC had fined Merrill and others for issuing rigged analyst reports. Yet Judge Milton Pollack threw out the suit basically saying investors should have known they were investing in risky stuff. One of the stocks alleged to have been manipulated was their reports regarding Tyco, where its head Dennis Kozlowski was prosecuted by the strangely enough, not by the Feds. So here you had a conviction that was questionable and you had SEC civil fines, so why did Pollack protect the NY boys again? Consequently, you have to be very careful these days for not everything may be as it seems. It is essential to have an understanding of the financial system. There are far too many street hawkers yelling and screaming like storeowners on South Street in Philadelphia back in the day trying to sell suits to everyone that passed by on the sidewalk. The more they yell and put on a show as to their prognostications, the less likely they even know what the hell they are talking about and are even independent. It is thus critical in that first step to understand the system.

Otherwise, you will sit on the sidelines and in the end, either buy the high or sell the low for the price action will be the only thing that compels you to act. The second danger is you listen to the standard canned reasoning of the street hawkers and you become like a sheep just following the explanation you prefer while abandoning all independent thought. It is lethal to be held captive of a bias cloaked in a philosophy. Others think the job of analysis is to declare BUY or SELL and that is it. Those are typically the fools who will be eventually separated from their money since they can’t be bothered with understanding market behavior and are constantly in search of the next guru. A real analyst states where he is right and where he is wrong.

The market will rise if x takes place, and if y takes place it will collapse. Between these two points remains just a trading range of neutrality with nothing to get all excited about. If you want to TRADE, you better learn the rules of how to be a TRADER!

Rule #1: Always have an open mind and be willing to learn from others not blindly follow them.

I actually met the old Japanese gentlemen who had bought the high in the Nikkei back in December 1989. He bribed his way in to an institutional seminar to ask me what to do. He told me for 7 years brokers had tried to get him to buy the Japanese shares and he ignored them yet watching to see if they were right. Every January the Nikkei had risen about 5% after the holiday (New Years). He watched their forecasts unfold in true amazement. Finally convinced by the price action, he made his first investment of about $50 million and lost 40% because he also could not admit his mistake and waited to get back to break-even, which never came. The Dow Jones will at LEAST double in price in the YEARS AHEAD (NOT NOW) as a result of the DEBT CRISIS once we get through the chaos of this period.

While everyone acknowledges gold rises in times of chaos, so will the Dow when we are dealing with a debt crisis because capital shifts as it did 1932 to 1937 from debt to equity. Confidence in corporations surviving rose and government declines (Private v Public Confidence). When there is FEAR that the US will default or the currency will depreciate in purchasing power, the Dow will rise provided the rest of the world is in the same boat. If the US is the ONLY problem, the foreign capital will short the US as was the case in 1987 and during the 1970s. Why? UNLESS you understand the dynamics of global capital flows, you will become a victim of domestic street hawkers’ fundamentals, and you should just call your favorite NY banker and give him what you own now and save all the humiliation. My father was a colonel under General Patten who really did read Rommel’s book on tank warfare and defeated him because he understood what he believed.

Rule #2: Always view everything through everyone else’s perspective to understand the world. In Western society, there are no qualifications to run for political office. This means the people we elect require no expertise. Would you allow someone to be a surgeon operating on you who was a lawyer? Well, try searching for intelligent life in any capital that has any qualifications whatsoever to deal with markets no less our debt crisis. What to do not grasp is that in the end, the interest cost of constantly rolling over the debt will cause the entire system to collapse. Politicians are risking OUR very future and that of our posterity all based upon the fact that they are clueless. I have been a board member of a bank in the ‘70s.

I have advised more multinational companies and governments probably than anybody else. I have seen the world through everyone’s eyes. You cannot understand these subjects in depth without real experience. I can no more be a surgeon than those in political office can do economic forecasting. We are an accumulation of our experience, yet we elect people who look sharp, smile nice, and can read from a script to get everyone excited. Didn’t Obama stand in front of vacate factories and say he would bring back job? Let’s see, we do that by raising taxes? He criticized Bush for denying terrorists trial by jury. After one trial in NYC of Ahmed Khalfan Ghailani charged with 286 counts of killing 244 people, the jury acquitted him of ALL counts but one. Suddenly, Obama switched back to military trial when he realized the American people didn’t buy all the bullshit exaggerations. It make you wonder how much you can believe and Obama is doing the very same thing right down to signing statements that he criticized Bush for doing.

This illustrates absolute power does corrupt absolutely. Government NEVER trusts the people. It is always THEM against WE THE PEOPLE. The lack of term limits created a professional political class who identifies with the courts and executive NOT the people. They also assume the American people will soon forget all about the debt and that whatever the headlines are today, they will be forgotten by election. The Flash Crash is ancient history already and so goes elections. Those who are born and want to be politicians have nothing to offer because they have NO EXPERIENCE in the real world. How can you lead a nation when you have never been really part of the PEOPLE? However, it is debt that is the great destroyer. It was the sovereign debt defaults that created the Great Depression – not the drop in the stock market and speculation. The amount of money invested in bonds v equity is at least 10:1. If the debt market collapses, so does the nation. The same cannot be said for the stock market.

As Europe prepares to implode, The European Central Bank (ECB) is like the Dutch boy sticking his finger in the dike. Instead of fixing the system structurally, they are vowing to buy Italian and Spanish bonds to support the market. This is the European version of QE2. Let’s follow this through to the logical conclusion. Is the ECB willing to permanently buy all the debt of troubled nations? Or is it simply a measure like Japan where the government wiped out the Postal Savings Fund $1 trillion desperately trying to support their bond market. This is the whole problem. Everything is reactionary and seen to be a temporary fix. The wound requires stitches, not band aids. Italy is the THIRD largest debtor behind the US and Japan. It is too BIG to be bailed out. Either Europe consolidates ALL member debt into a single EuroBond issue, or it should sell tickets to the fireworks display that will eventually take place.

Career politicians have destroyed our future for they have borrowed all the time with no intent upon ever paying anything back and in this light they just issue bonds paying interest that escalated the entire debt crisis. Who could bailout the USA or Japan when it is their turn? Then we have the US states starting to implode. And the Republicans really think just cutting spending will save the day? S&P seems to be in the Democratic camp becoming political insisting on tax increases and Newsweek puts Michele Bachmann on the cover with an unflattering deer in the headlights look. These two interesting events seem to be political attempts at steering the country politically. If S&P is really concerned about the future, then why not be honest in the analysis that shows interest expenditures will crowd out all other spending. Then what?

Are they advocating generational REVOLUTION as is perhaps beginning in Britain thanks to high unemployment among the youth? Instead of actually looking at the structure, it appears we are getting caught between political forces that are escalating to a horrendous climax. The Democrats just want to tax the rich and destroy all jobs as if this is really going to solve anything. Even Wolf Blitzer of CNN was actually asking the question of Donald Trump that the hedge fund manager Paulson made $4.5 billion and only paid 15% tax and said that was not “fair” in his mind.

I was shocked at the question and it is clearly Marxist class-warfare that will tear the United States apart. This is like your kid has your check book, buying everything in sight, and the blame is yours for not having enough money in your account. How dare you! Nobody is looking at the system itself. Even if we take every penny earned by Paulson, destroy his incentive to work, would this actually balance the budget? Never! The interest expenditures are like that Energizer pink bunny on TV that keeps on going. The Republicans are WRONG and you cannot cut social spending to reverse the economy and the Democrats are WRONG that you cannot tax the rich to solve the problem without wiping out jobs. Our system is screwed! Nobody seems to analyze the interest expenditures. You can’t cut the interest costs without defaulting on the debt! In the end, we will default because there is no intelligent life residing in Washington. We will default because there is NO intent to ever pay off anything and right now each and every taxpayer’s share of the national debt is almost $130,000.

HELLO! Is anybody home? The rhetoric that America always pays its debt is not true! They forgot about the default on the Continental Currency before the US dollar. America is not above everyone else and will be thrust into default as buyers of debt shift from public to private assets towards the end of the cycle (NOT NOW). Certainly, there is no hope of paying off the debt. We ran out of magic beans to climb to a new world and the last I looked, there was no manna falling from heaven. There is no doubt that we have a serious Sovereign Debt Crisis, but this was NOT the reason for the S&P Downgrade. If that were the case, then they should have downgraded EVERY country to JUNK and state that reason. There is NO collateral! If a country defaults, you cannot go to court and seize property. You can’t run down to the National Art Gallery and start walking out with Renoirs. The chart of the Total Accumulative Interest Expenditures as a Percent of Total shows the real problem – its borrowing! Had we just printed money and NOT borrowed this would have eliminated 68.2% of the entire national debt.

This illustrates another MYTH that it is less inflationary to borrow than print. Spending is spending and borrowing just kicks the can down the road and we are coming to the end of that road. Borrowing has a much worse impact for it creates competition with the private sector for capital reducing economic growth, increasing interest rates and unemployment fueling the need for more taxes. Had we printed to cover expenses, the debt would not exist, and the real cost of inflation (which is an indirect tax) about two-thirds less today. The money created would have been more domestic oriented and NOT exported to pay interest to foreign bondholders. So even printing what people call a “fiat” currency would have been far less damaging to our future than what we now face. The entire world is intertwined in this debt crisis that is percolating in every country. It just costs MORE to borrow than it does to print and there is NO empirical evidence that borrowing is less inflationary than printing. Now the gold bugs will yell it’s a fiat currency. True, but if government were strictly limited in its spending and it printed for that expense as a percentage of GDP, then you DO NOT need taxation at the federal level.

Taxes exist because when money was gold, government could not create it and so they needed to tax you to get some back. If they printed to cover expenses, there is NO NEED for taxes and you will be free to buy gold for savings. That’s just another of those stupid myths that it is somehow less inflationary to borrow when it exports 46% of interest stripping capital from the domestic economy. This is worse than a trade deficit because you get no product in return. The S&P in its hair-brain downgrade has opened the door to perhaps the worst shock in consumer confidence in history. Their actions were highly irresponsible to make a downgrade on political reasons and not economic when in fact the greatest danger right now is Europe.

The S&P has assured a DOUBLE DIP for 3 out of four Americans no believe the country is headed in the wrong direction. So the S&P has seriously damaged the long-term economic prospects of the world with their stupidity and there is NO hope of growing out of this economic disaster. The Federal Reserve pledged for the first time to keep its benchmark rate at a record low through mid-2013 adopting the Japan strategy. But the S&P has forced that outcome by its political position to raise taxes that was the precise recipe that produced the Great Depression. As shown above, what we are building is a Sideways Plateau the same as we did in the 1970s when then it was concern of a US default on the part of foreign investors who sold the dollar and US assets taking their capital home.

This time, we have the confusing mess of a GLOBAL SOVEREREIGN DEBT CRISIS and there are NO politicians willing to step up to the plate and be statesmen. All we have is political infighting of blaming-other-people and nobody is coming forward to deal with the Structural Failure of the entire hypothesis of borrowing perpetually with no intent of every paying anything off at the end of the day. Because of the self-interest of politicians, we are paralyzed and unable to fend off a crisis that is so severe an asteroid might as well be approaching earth for its impact upon civilization about to send us back to the Stone Age. The Dow crashed and burned closing at 10719.94 yesterday. Just to stay neutral, we need a close today ABOVE 10780. The low so far is 10588.55, key support lies at 10682.40 and 10460.34 on a closing basis.

Resistance remains high and it will take a close back above 11995 to suggest no further lows are likely. But for now, we could still see further downside in the weeks ahead and September looks to be just nuts. Additional main support for the cash Dow Jones Industrials lies at 10607 followed by 9457. The year-end position shows that as long as the Dow closes on the cash ABOVE 9457, then the market remains long-term bullish. Only a year-end closing BELOW 7375 would be negative. A broader sell signal would be a year-end closing BELOW 7180. The Yearly Bearish Reversal number remains at 6315. The low in 2009 was 6440.08. We are still in a Plateau move formation as was the case in the 1960-1970s. This will remain true as long as 6315 holds on an ANNUAL closing basis. The weekly level of the market show key timing targets as this week followed by three weeks later being the last week of August just before Labor Day.

Thereafter, the next key target periods will be 10 and 12 weeks from there, which brings us into November during the weeks of the 7th and 21st. The two key levels to watch on the weekly level are 11114 and 10053. The first weekly buy signal stands at 12327 to suggest that the downward pressure has subsided for now, but this is quite high. On the monthly level, the key will be to watch the month-end closing. Will there be a close below 11006 for August. If so, then the market is putting us on notice that the correction process is not yet over and we could retest the 7600 level. A closing below 10810 will keep the selling pressure on. To suggest that the market could support in the broader term, a month-end closing ABOVE 11549 is necessary. This is where overhead resistance is starting to form. Resistance is also forming at 11928. A year-end closing beneath that area will still warn that the market is still in a broad consolidation forming the Plateau move. For now, August MUST close ABOVE 10633 to show some neutrality. While it does not appear that we would make new lows under that of 2009, the only signal that would suggest we could penetrate that level would be a year-end closing BELOW 7181. That would warn that a test of the 5975 area is likely. CONCLUSION: I will publish by the weekend the targets for the turning points and Panic Cycles that lie ahead. I wanted to get this out ASAP before more of the world goes nuts and my phone goes into meltdown. The crisis is really in Europe. The banks hold various bonds of member states and there lies the problem. THE DEBT MUST BE CONSOLIATED INTO ONE NATIONAL DEBT ASAP! I know the European readers will be sending this to every politician on the continent. The Social Unrest in London is taking place because unemployment among the youth in places stands at 50%.

This will spread worldwide because socialism is collapsing and it is creating a generational war. Such events are starting in the USA even in Philadelphia with roaming groups of youths. IT IS TIME TO WAKE UP! TH ENTIRE STRUCTURE MUST BE REFORMED FROM THE GROUND UP!



COMMENTS FROM BENJAMINIS: Very Important that you read it from the PDF File and also print it out as I have just done again. I had printed out this article years ago and saved it until now. I was not able to copy and paste the VERY IMPORTANT CHARTS THAT GO WITH THIS PDF FILE.

I will have more comments about this post tomorrow. My work is done for today and for me it really is NOT WORK as it is LIFE and being aware and hopefully being able to do something or at least try. Now it is so CLEAR about the INCREDIBLE ALMOST VIOLENT CLASHES BETWEEN ALL THE PARTIES IN THE USA AND THE INTERCONNECTED GLOBAL WORLD !!!

Dear Teek

Thank you for your very detailed and honest reply. We agree on many many topics concerning money and life.

I know that you have some questions for me and hoping you do not mind I will paste the questions that I just read in your PM so that I can answer it for you and everyone else here.


May I ask, why are you a "Commercial" Member?
Reading through your thread I understand you teach moneyflow.
May I ask who you work for? FXCM?
Just because... courious

I am a Commercial Member because I did not want to violate any rules of Forex Factory whom I have great respect for. By being a Commercial Member I can be 100% transparent and since you only have come to post on my thread in recent days and have not had the time to read the 124 pages created here by myself and others since it was created on December 3, 2016 , I will explain and repeat my offer.

I work for my corporation as CEO and principal Forex trader and teacher. My company is a private corporation located in Canada. Five years ago I formed the corporation along with other shareholders in order to teach Forex Traders my successful and winning methods. As much as I knew that I could succeed with my goal of teaching as well as trading I still needed to confirm to myself that it could actually be done.

Thanks to KeepCalmfx and some others here that has now been confirmed beyond a shadow of a doubt. At the moment my corporate website is beinf developed and it looks like it could be ready for commercial use on May 1, 2017. In the meantime I will continue to share my knowledge on my thread with the help of KeepCalmfx and some others. I have made the offer before and I repeat again that anyone subscribed to my thread and now there are 24 subscribed will be given a User Name and Password and have FREE LIFETIME Access instead of the $50 US Funds Monthly Fee that will be charged which is done in order to be able to reach the largest possible audience of Retail and Commercial Forex Traders.

I would love to have you on board because I am convinced that with your knowledge and life skills and technical ability that you can become one of the best Forex Traders especially if you show yourself that you can show a return of 10% Return on Investment each month that I have demonstrated here in live time that I clearly can do.

I can arrange Forex Trading Funds for at least six Forex Traders that qualify later this year. Think about it and let me know and when KeepCalmfx wakes up and reads this post I ask that KeepCalmfx adds her comments to my post since we are working together towards building a very successful Forex teaching business and it is further proof that the Pupil can become the teacher and thus I have achieved and reached my goals that I had when I started the thread on December 3, 2016.


Benjaminis

Thanks Benjaminis, appreciate your great share on your trading method and insight , Have been silent reader for the past few weeks. have a lot to catch up and loving it.
I also would like to say thanks to KeepCalmfx , Teek and other for their great input in here. Keep it up guys.

Dear BenjaminIs:

Thank you so much for replay. If you don't mind, may I ask you in your corporation how many traders currently under your supervision and are they independent thinker? Finally what is the total fund size?

Regards,
RD-007

Dear Rocky007

Just for the record. What I posted was my corporate business model and I am in the process of going to the next stage first by bringing the website live and then over the course of the next few months allocate $250,000 US Dollars to $300,000 US Dollars for up to 6 Qualified Forex Traders to manage under LPOA initial funds of $50,000 US Dollars. I have already discussed that with a number of Forex traders both experienced in the industry and of course some whom I have already taught. I would use my business model of demonstrating results over a period of three months using the FXCM $50,000 US Funds Demo Platform.

KeepCalmfx understands our business model and for your knowledge and others I will wait for KeepCalmfx to post that explanation here on this thread.

As for independent you are by your question answering as to one of the qualifications of a successful Forex trader. That is thinking outside of the box. Having an open mind. You can see that quality in KeepCalmfx and others that post here and of course my success was from day one of my Forex trading career based on starting with a 100% open mind to teach myself and learn new ways to do things because I programmed myself as I created and put in place my style and method of Forex trading.

I hope that I have answered your questions.


Benjaminis

http://theeconomiccollapseblog.com/a...et-in-6-months

The post-election stock market rally is officially over. After hovering near record highs for the past couple of weeks, U.S. stocks had their worst day in six months on Tuesday. For quite some time it has been clear that the momentum of the post-election rally had been exhausted, and a pullback of this nature was widely anticipated. But even though stocks fell by more than 1 percent during a single trading session for the first time since last September, it is going to take a whole lot more than that to bring stock prices back into balance.

In fact, stocks are so overvalued at this point that it would take a total decline of about 40 to 50 percent before key stock valuation measures return to their long-term averages.


So we are still in a giant stock market bubble. All Tuesday did was shave about one percent off of that bubble.

Let’s review some of the numbers from the carnage that we witnessed…
-The Dow was down 237.85 points (1.14 percent)
-The S&P 500 was down 1.2 percent on the day
-The Nasdaq was down 1.8 percent at the closing bell
-Financial stocks were down more than 2.5 percent
-Overall, it was the worst day for banking stocks since the Brexit vote


-Bank of America is now down more than 10 percent since Trump’s speech to Congress
-The Russell 2000 (small-cap stocks) dropped about 2 percent
Some prominent names on Wall Street were warning ahead of time that this was coming. Marko Kolanovic was one of those voices…
Marko Kolanovic has done it again.


Last Thursday, one day ahead of the massive quad-witching where over $1.4 trillion in options expired in relatively tame fashion, the JPM quant warned of “near-term market weakness” and suggested “reducing US equity exposure. And, sure enough, JP Merlin’s Gandalf timed it impeccably yet again. To be sure, the jury is still out on what caused the selloff – lack of votes to repeal Obamacare, fears about Trump’s fiscal policy agenda, the market’s sudden realization that it is at 30 CAPE, or just a technical revulsion – what matters is that once again, like clockwork, Kolanovic called a key inflection point just days in advance.


Of course the mainstream media is telling everyone not to worry. They are insisting that this is just a temporary blip and that a market “correction” is highly unlikely. The following comes from CNN…

Few experts are predicting a correction — which is a 10% pullback from a market high. Even fewer see a bear market, a 20% drop or more, on the horizon.

Hopefully CNN is correct.

But it should be noted that experts such as Kolanovic are warning that more panic selling may be coming in the days ahead…
Furthermore, the modest but rising uptick in realized volatility is starting to cause outflows from volatility-sensitive investors the JPM quant calculated and, as a result, the break in short-term momentum may cause modest equity selling by trend following strategies.

In other words, in the absence of a positive catalyst over the next few days – and with uncertainty ahead of the Thursday Trumpcare vote only growing by the hour we fail to see one emerging – the double whammy of gamma positioning and the CTA momentum “flip” will be the catalyst for the next, extremely overdue, move lower.

It is going to take quite a few more days like today before we can talk about the kind of “financial crisis” that I have been warning about for a long time, but we may have already reached a key turning point.


So much of the post-election stock market rally was based purely on hope, and meanwhile the underlying economic numbers have continued to deteriorate.

Corporate earnings are down, it is being projected that U.S. GDP growth will be about one percent during the first quarter, and used vehicle prices are dropping for the first time since the last recession…

In its March report, the National Association of Auto Dealers (NADA) reported an anomaly: dropping used vehicle prices in February, which occurred only for the second time in the past 20 years. It was a big one: Its Used Car Guide’s seasonally adjusted used vehicle price index plunged 3.8% from January, “by far the worst recorded for any month since November 2008 as the result of a recession-related 5.6% tumble.”


The index has now dropped eight months in a row and hit the lowest level since September 2010. The index is down 8% year over year, and down 13% from its peak in 2014.

When the Federal Reserve raised rates, that was very bad news for stocks, and if Donald Trump cannot get his Obamacare replacement through Congress that will be more bad news for stocks.


But even if there was no bad news, it is inevitable that stock prices would decline at some point anyway.

It is simply not rational to have price-earnings ratios up around 30. The only other times when price-earnings ratios have become so bloated were right before the stock market crash of 1929, right before the stock market crash of 2000 and right before the stock market crash of 2008.

Whenever it ultimately happens, the truth is that stocks always eventually return to their historical averages. And if a “black swan event” or two are thrown in, that could push stocks well below their historical averages.


Never before has there been this much debt in the world, and not even in 2008 were global financial markets so primed for a crash.

Many people get caught up in trying to predict what month or what day the markets will crash, and if you could predict that accurately you could make a lot of money.

But that is not the point.

What everyone should be able to agree on is that this temporary stock market bubble that has been fueled by reckless intervention from the Federal Reserve is not sustainable and that it is inevitable that stock prices will be a lot lower in the future than they are right now.

We should be thankful that this bubble has lasted much longer than it should have, because what is going to come after this bubble bursts is going to be absolutely horrible.


Markets tend to go down a lot faster than they go up, and when the coming crash finally occurs it is going to make 2008 look like a Sunday picnic.

So whatever you need to do financially, you should think about doing it soon, because the alarm bells on Wall Street are starting to ring.

COMMENTS FROM BENJAMINIS: Good Morning Ladies and Gentleman

Reading this article in combination with the 14 page PDF File that I posted yesterday from Martin A. Armstrong gives us a clear picture of where we are today and where we are going in this upside down world. We did not cause these problems however we have every right to be aware and in our business of trading the markets profit from our knowledge both in protecting ourselves and our families and our financial future.

https://larouchepac.com/sites/defaul...?itok=6N8fI3z_
From Bild's Website, Politik section. March 22, 2017.

Faceore
An international media frenzy of fake news was set off on the occasion of the March 20 hearing by the House of Representatives Intelligence Committee, on the topic, "Russian Active Measures Investigation," proclaiming--as Germany's Bildzeitung headlined yesterday--that "Trumpgate" is well underway, and the U.S. will soon be decapitated. Former German government figures were quoted observing, how "historic" and "unique" and "grave" the situation is in the United States, to have the head- of-state's credibility gone.

In reality, this was but another moment in the ongoing filthy operation in the attempt to dump Trump and demonize Russia. The process consists of scare-mongering and lies, augmented yesterday by grandstanding against Trump by certain Democrats, whose conduct was in the tradition of Truman and McCarthyism. What today's media hype actually shows, is the wishful thinking of the controlling interests behind the fake news, which are tied to the expiring British system, threatened by the fact that the Trump election is part of a momentous potential shift to a whole new world order.

The continuing potential for this shift is shown by several events of the day. In Kentucky Monday night, President Trump addressed a Louisville rally, speaking strongly about the need to return to the "American System." Citing famous leaders born in, or associated with, Kentucky--Abraham Lincoln and Daniel Boone--Trump dwelt on Henry Clay, as a "fierce advocate for American manufacturing," and a backer of foreign trade that "must be fair, equal and reciprocal" Trump said, "For too long our government has abandoned the American System..." He spoke of re-industrialization, restoring coal-miner jobs and more.

Then again tonight, at the Republican Congressional Dinner, Trump spoke of historical leaders and projects of U.S. development. He said that the American System was what the founding fathers always intended. Later, look at the Trans-continental railway. He pointed to the 1896 Republican platform (under McKinley) on protection and reciprocity in trade. The American System is exactly what Lyndon LaRouche has argued for, for forty years, while polemicizing that the American System practice of directed credit for industry, science, and infrastructure, has been discarded in the United States, especially since the death of Franklin Roosevelt, and must be restored immediately to prevent economic disaster.

Meantime, the push continues for the means to make this happen--reinstating Glass-Steagall. In North Carolina on Monday, a resolution was introduced in the General Assembly, calling on Congress to enact Glass-Steagall, and an "American Economic Recovery Program," as outlined by Lyndon LaRouche's "Four Laws." Fortune.com yesterday carried an article supporting Glass-Steagall, headlined, "Will Donald Trump Keep His Campaign Promise To Reinstate Glass-Steagall?"


In parallel to domestic policy, there are foreign policy initiatives in a new direction. Trump's Secretary of State Rex Tillerson, after discussions in China with President Xi Jinping last weekend--preparing a meeting between Xi and Trump--is now going to go to Russia in April, according to reports from the State Department to TASS yesterday. The indicated timetable will be that Tillerson remains in the United States during the likely April 6-7 meeting in Florida between Presidents Xi and Trump. (Tillerson will skip the the NATO Foreign Ministers meeting taking place at the same time, on April 5-6, which will be attended by Undersecretary of State Tom Shannon.) Then Tillerson will go to Italy April 10-11 for the Group of Seven Foreign Ministers meeting, and thence to Moscow.
These initiatives, in the context of the continuing achievements and commitments of the Belt and Road Initiative internationally--signified by the Belt and Road Forum for International Cooperation in China in less than two months--are putting out of existence the decades-long fakery of all kinds, promoted by the Club of Rome, the Worldwide Fund for Nature, and the Royal This & That.


The real truth is, humanity can win.

Comments From Benjaminis: Now we have a clearer picture on what will be focused on for the rest of March 2017 and April 2017. All comments , thoughts and feedback is encouraged and welcome. This is our world and our lives.

Good Day

Hope everyone is doing well.

Here are the charts & news calendar.

"Few experts are predicting a correction — which is a 10% pullback from a market high. Even fewer see a bear market, a 20% drop or more, on the horizon.
Hopefully CNN is correct."

They are not (in the long run)
Currently we only a see a small dip, a tiny scratch in the bubble. This will not cause it to burst just yet, it will need some more tiny scratches. It will not be at a random date. It will be a very well coordinated burst which will hit the world harder than anything before. 2007/08 will look like a piece of cake, compared to what is building up. It will change the world forever, it will change our moneytary system, the world economy, it will change social structures, it will change the world (and not for the better).
Their assets are not money, their assets are humans and I'm afraid they reduce their human funds capital in dramatic fashion.
There is reason behind all of this, and when they pull it off they will present us a "solution".
Sounds like conspiracy theory? Well, I sincerely hope it is.
I am just a fool and I know nothing. But I can read charts, and it is all there.

“Everyone, deep in their hearts, is waiting for the end of the world to come.”
- Haruki Murakami

http://en.windsorbrokers.com/global-...st-rates-hold/

Global stocks fall on concerns of pro-growth US policies and higher interest rates were on hold


Home Research Blog Global stocks fall on concerns of pro-growth US policies and higher interest rates were on hold

US stocks fell on Tuesday with Far East and European shares maintaining negative sentiment on Wednesday, as investors turned to safe-haven Treasuries and Gold on rising concerns about President Trump’s pro-growth policies and higher US interest rates were on hold.


Strong sell-off send US benchmark indices significantly lower, with S&P500 for June delivery posting the biggest one-day losses since 11 Oct 2016, on fall of 1.2% and S&P Financial sector falling 3.1% on Tuesday.


Dow Jones registered the same loss percentage, while Nasdaq 100 June contract delivery was down 1.5% on Tuesday.

US indices remain under strong pressure in early Wednesday’s electronic trading, with global stocks being under increased pressure on Wednesday.

Japan’s Nikkei 225 index for June delivery was down 0.8% from Wednesday’s opening, extending losses of 1.35% previous day.

MSCI’s world equity index was down around 0.6%.

European indexes remained under strong pressure on Wednesday. German DAX hit fresh three-week low after opening on Wednesday, following heavy losses of 1.3% that the index registered on Tuesday.

Britain’s FTSE100 index fell to the lowest since end of February, losing 0.3% in early Wednesday’s trading, in extension of Tuesday’s 1.03% loss.
French CAC40 was down 0.14% in early Wednesday, following loss of 0.72% on Tuesday.

Negative sentiment is likely to persist, as fundamental outlook is supported by weakening technical studies, however, profit-taking on strong fall could be also considered in the near-term.


March 22, 2017 / Tags: cac40, DAX, Dow Jones, FTSE, FX, global stocks, Nikkei

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https://www.theburningplatform.com/2...s/#more-146076

FAT LADY SINGING FOR SEARS
https://accountingprofessor.files.wo...01/fatlady.jpg
Who could have predicted this? What a shocker? This is another dead canary in the coal mine. Sears/Kmart is the anchor for hundreds of dying malls across the country. The extend and pretend on developer loans for these malls is over. No rent = no debt & principal payments = developer bankruptcies. REITs have been crashing as the smart money tries to escape the coming calamity. More bank losses, real estate developer bankruptcies, and tens of thousands in lost jobs. Don’t worry – all is well.


The United States of America also has a going concern problem, but that is a few years off. Just don’t think about it. It’s only maff.

Sears Plummets After Citing ‘Substantial Doubt’ About Future
Sears Holdings Corp. suffered its worst stock decline in six weeks after acknowledging “substantial doubt” about its future, raising fresh concerns about whether a company that was once the world’s largest retailer can survive.

Sears added so-called going-concern language to its latest annual report filing, suggesting that weak earnings have cast a pall on its ability to keep operating. The 131-year-old department-store chain, which has lost more than $10 billion in recent years, was cited last year by Fitch Ratings as a company at high risk of defaulting.

The disclosure comes after more optimistic signs from the company, which has been working on a turnaround under Chief Executive Officer Eddie Lampert.

Sears posted a narrower loss than predicted in the fourth quarter, and it has pledged to lower its debt burden and cut annual expenses by at least $1 billion. That upbeat assessment had helped propel the stock in recent weeks. The shares had gained more than 60 percent since Feb. 9.

That rally fizzled with Tuesday’s filing, sending Sears’s stock down as much as 15 percent to $7.77 in New York trading. It was the biggest intraday drop since Feb. 7.

“Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern,” the Hoffman Estates, Illinois-based company said. But the company added that its comeback plan may help alleviate the concerns, “satisfying our estimated liquidity needs 12 months from the issuance of the financial statements.”

Lampert, a hedge fund manager who is also Sears’s biggest investor, aims to reduce debt and pension obligations by $1.5 billion. The CEO has helped keep the ailing retailer afloat by offering more than $1 billion of assistance, including a $500 million loan facility announced in January.

As part of its comeback plan, Sears has closed stores, sold real estate and offloaded businesses. Earlier this month, the department-store chain completed the sale of its Craftsman tool brand to Stanley Black & Decker Inc. for about $900 million.

Sears, which also operates the Kmart chain, has reviewed its DieHard batteries and Kenmore appliance brands for potential sales.

“While our historical operating results indicate substantial doubt exists, we want to be very clear that we’re taking decisive actions to mitigate that doubt,” Howard Riefs, a Sears spokesman, said in an email.

COMMENTS FROM BENJAMINIS: We can see that it was not WISE for the FED on March 15, 2017 to have raised Interest Rates. In my informed opinion this was a Political Decision by Janet Yellen and not a good financial one.

https://www.theburningplatform.com/2...t/#more-146066

How The Government Ruined U.S. Healthcare (And What We Can Actually Do About It)
Authorerd by Alice Salles via TheAntiMedia.org,


Government’s meddling in the healthcare business has been disastrous from the get-go.


Since 1910, when Republican William Taft gave in to the American Medical Association’s lobbying efforts, most administrations have passed new healthcare regulations. With each new law or set of new regulations, restrictions on the healthcare market went further, until at some point in the 1980s, people began to notice the cost of healthcare had skyrocketed.

This is not an accident. It’s by design.

As regulators allowed special interests to help design policy, everything from medical education to drugs became dominated by virtual monopolies that wouldn’t have otherwise existed if not for government’s notion that intervening in people’s lives is part of their job.

But how did costs go up, and why didn’t this happen overnight?
It wasn’t until 1972 that President Richard Nixon restricted the supply of hospitals by requiring institutions to provide a certificate-of-need.

Just a couple years later, in 1974, the president also strengthened unions for hospital workers by boosting pension protections, which raise the cost for both those who run hospitals and taxpayers in cases of institutions that rely on government subsidies. This move also helped force doctors who once owned and ran their own hospitals to merge into provider monopolies. These, in turn, are often only able to keep their doors open with the help of government subsidies.
This artificial restriction on healthcare access had yet another harsh consequence: overworked doctors.


But they weren’t the first to feel the consequences hit home. As the number of hospitals and clinics became further restricted and the healthcare industry became obsessed with simple compliance, patients were the first to feel abandoned.

According to Business Insider, the average doctor has thousands of patients, and each visit lasts less than 30 minutes. Prior to the government’s slow but absolute control of health care, the doctor listened to the patient — many old timers will confirm — even if they couldn’t afford it. Few were turned down. Now, doctors can hardly recallthe conversations they have with the people they are supposed to be looking after.

As President Barack Obama pushed further restrictions on the insurance industry by touting his Affordable Care Act as a piece of legislation that would make insurance more affordable — ignoring that insurance isn’t the same as care — the overall cost of coverage also increased over the years. And as a result, a new group of independent healthcare professionals went on to ignite one of the most liberating revolutions in recent U.S. history.


Direct Primary Care: Removing Artificial Restrictions from the Picture
Business Insider chronicles the story behind Dr. Bryan Hill’s practice. As a pediatrician, Hill spent most of his life dealing with insurance companies. But one day after answering an impromptu house call, he decided he had had enough. That’s when he learned about primary care clinics. These offices remain open by giving patients memberships in exchange for a monthly fee that covers most of what the average patient requires. As a result, the patient pays the doctor directly, and neither party is forced to navigate the complicated rules imposed by insurance companies. In September 2016, Hill opened his practice in South Carolina, and he’s not planning on going back. But he’s just one of many. As ACA became increasingly suffocating to patients and providers, many doctors ditchedthe system altogether while others went into the primary care business.


On average, members of these direct primary care clinics pay as little as $60 per month, with couples paying about $150. Without having to handle heavily regulated middlemen, patients have a clearer picture of how much they spend on their health by being members of such practices. They also enjoy the peace of mind of knowing their doctor.


Studies have already demonstrated that when there is good communication between doctors and patients, treatments are more efficient. This is not simply because doctors are giving patients attention, but also because they are able to tailor a certain treatment to that patient’s lifestyle, health, and activities.

By removing the government entirely from the picture and allowing patients and doctors to once again deal directly with one another, the practice of embracing primary care helps to illustrate the importance of an individual and personalized approach to health care.

For governments and government bureaucrats, everything is dealt with from a collective perspective – after all, if all you have is a hammer, everything looks like a nail.

When government gets involved in health care, everything looks like another number, another statistic. But what bureaucrats fail to understand is that they do not possess all the answers. Only a doctor who is paying attention will be better able to help the individual patient — not a few thousand new regulations.

In essence, what this growing movement seems to suggest is that, even if doctors and patients are unaware of the interventionist forces driving the cost of doing business and receiving medical attention, they’re still driven into the open arms of the free market at some point or another. In the end, needs speak louder than ideology.

COMMENTS FROM BENJAMINIS: We have a MAJOR RISK ON SITUATION FOR THE NEXT 48 HOURS on this matter since there is a scheduled vote on TrumpCare :-)

Done for the Week
Gold I take a chance If I'm wrong I'm losing just 1% Let's see how it goes! Trade can go wrong, I'm using different trading strategy still under observation

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QUOTE OF THE DAY
by Administrator
“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized.
Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society. ...In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons...who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.”
Edward Bernays - Propaganda
Administrator | March 22, 2017 at 7:55 am | URL: https://www.theburningplatform.com/?p=146046