Friday, April 4, 2014

MARTIN ARMSTRONG'S LATEST BLOG POSTS


Vietnam -Rising Discontent over Corruption

Vietnam-Bankers
The global trend that is brewing against corruption is absolutely everywhere. Vietnam is dealing with rising public anger over corruption that has unfolded in and out of government. Duong Chi Dung (C-front), 56, is the former chairman of Vinalines, and his accomplices stand in the local People’s Court in Hanoi. The top two executives were sentenced to death for embezzlement as authorities try to allay rising public anger over corruption. Where US bankers got bonuses after 2007, the story is very different elsewhere.

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New Zealand Reporting on US Citizens

New-Zealand
The USA continues to tighten the noose on the world economy. These people are hunting taxes but destroying the world economy. Now they have targeted New Zealand. Americans cannot open accounts offshore because the fines owed to America for not reporting an American can bankrupt a bank as was seen in Switzerland. These people are reducing the velocity of the world economy and are too stupid to realize that world trade is shrinking and unemployment can only rise.

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Russia Recalls Ambassador to NATO As this Spirals Out of Control

NATO
The US has been encircling Russia with nukes for sometime and they have been escalating the Ukrainian affair to the brink of war. NATO suspended all cooperation with Russia over Crimea and these people actually think they are accomplishing something. Russia has recalled its Ambassador to NATO and the West is just insane. Crimea was not originally part of Ukraine and that should be respected since it was a gift within the Soviet times. This is why from the outset, I stated hand it back to Russia for it would only lead to war otherwise.
BlackDeath-10Russia is not some small third world country to be bullied into doing as the West demands especially when the economies in the West are on the brink of economic collapse and in the same position that Russia was in back during 1991. Putin knows that nukes do not matter for nobody will push that button. Nonetheless, Crimea has been a strategic piece of land since ancient times and it was even the outpost from which the Black Death was brought to Europe. Historically, this has been the flash-point that our models were targeting and so far they seem to be spot on.
OBLIA-AEHere is one of the ancient coins from this region. It displays the Gorgon with his tongue sticking straight out at you. Not much has changed in thousands of years.

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Training Session Supplemental Materials

Training-Conf

Those that attended the Training Conference are invited to send questions on how to trade that will be addressed in a supplemental manual. Four days is an awful lot and I have to be on point to handle any question hurled at me on all the subjects. So it is months in the preparation for one of these events. I do not know how much longer I will do these things because they are very exhausting. There is so much work in preparation it is truly a lot. This is like preparing for a PHD on the world.
So we will try to round out the training session into a better course for we just had so many people we had to turn away because there were no more seats. Therefore, we are preparing the DVDs for attendees and supplemental manuals. So please send your questions in now so we can make sure the materials address anything that remains open (keep in mind this is not forecasting for tomorrow).
Thank you for being a great audience. I have been trained by our clients and to field all the questions has been my personal education for they have been both mini-UNs as we had people attending from every continent and at the same time they are always great brain-storming sessions that are only possible with a diverse international audience.
So thank you all for a great experience

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Putin Beefing Up Syria – Still with Eyes on Ukraine

Putin-Assad
Putin has now more openly beefed-up Syria after Crimea. The West cannot stop Russia and he knows that. Stopping the pipeline through Syria is economically vital to retain Russia’s hold on Europe and the US will start to send gas to Europe in 2015. Syria is all about energy to help Europe – it has nothing to do about people. The rebels are religious motivated and if they displace Assad, then what? We have another Islamic nation opposed to the USA? Putin is dividing and conquering and Syria is his closest Arab ally. His victory in Crimea and NATO’s realization he could take all of Ukraine in 3 to 5 days, allows him to ignore U.S. and European Union calls for Assad to step down and boost Assad to ensure total victory to prevent the pipeline that would compete against Russia. The U.S. and EU hit dozens of Putin associates with travel and asset freezes the last month to protest Russia’s seizure of Crimea from Ukraine and the US Congress approved additional punitive measures this week. This of course is only escalating the entire situation and entrenched the positions to guarantee there will ultimately be a confrontation.
On Ukraine, Putin has brilliantly created a virtual reality war game that now includes a non-existent fascist threat to the lives of Russian speakers in Ukraine and the right to invade to protect them. There is no solution to negotiations since there is no such threat. The people of Maidan do not accept puppets from the US/EU or Russia just as the claims that “leaders” of Maidan hired snipers.  There are no leaders for it has been a real consensus movement and those claiming to be leaders that showed their face a couple of times are not accepted by the people. Ukrainians are between a rock and a hard place with puppet leaders they still do not trust. The people in the West all spoke Russian for one day and those in the East spoke Ukrainian to show support for each other but that gets little press.
The bottom line is clear. There is no win-win in negotiations with Putin over Ukraine because there is no fascist threat. Therefore, nothing can be offered and nothing can actually be done. Putin knows the West is weak economically and when the US economy turns down, Europe will be torn apart by its own taxes and excessively high unemployment. Hollande still claims the French people want more “social justice” that he has defined and everyone has equal income after taxes - excluding politicians of course. The only “social justice” will be to let Putin take Europe and pay the pensions. That will send him back real fast.

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Fully Invisible Aircraft

area-51-cover-up
Does the USA have totally invisible planes? Why are they being leaked now?  There has been development of secret planes at Area 51 for decades. Some crashes have even been declassified as reported by National Geographic Magazine.
Videos have appeared since 2009 showing completely invisible aircraft. However, another discovery was made three weeks ago, when two amateur aviation enthusiasts from Texas – Steve Douglas and Dean Maskett spotted an aircraft engaged in Amarillo airport when Douglas a friend in the government called him and told him to pay attention to southeast direction. They spotted three aircraft, flying at an altitude of about 11 km about 30 km away from them. Despite the good visibility, aircraft could not be identified. They could be observed by their contrails.
area-51-invisible 2014
 Mystery aircraft is photographed flying over Texas Photo by Steve Douglass & Dean Muskett
For a few seconds, the aircraft could be seen and the shape was a “flying wing” that resembled a B-2 bomber. The last secret aircraft became known after the elimination of Osama bin Laden due to a technical fault the U.S. Special Forces had to leave behind an invisible helicopter on which they entered undetected to Pakistan.
In this instance, the Pentagon has not commented on the observation other than saying there were no B-2s in that sector. This is probably an intentional partial disclosure that plays into the rising tensions with the new cold war. Previously, the first ever invisible aircraft to radar was the F-117 in the late 1980s. This new observation seems to be invisible to the eye as well.
Will this be coming to the local police to raise money with speeding tickets?

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Global Market Watch for April 2nd, 2014

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Army Intervenes in Thailand to Prevent Civil War

Yingluck Shinawatra
The embattled Priminister Yingluck Shinawatra is accused of condoning massive corruption. The uprising there is focused on corruption and this is a rising trend we will see hit everywhere even in the USA after 2015.75. The corruption between the Congress, SEC and CFTC regarding the banks is just the tip of the iceberg.
In Thailand, the Military is stepping in to save the day.

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Constitutional Convention 2016?

1-ConstConvention
A very interesting political development has taken place, but you can bet the Democrats will fight tooth-and-nail to prevent it. This week the state legislature of Michigan became the 34th state to demand a “Constitutional Convention” in the United States.  Pursuant to Article 5 of the US Constitution, if 2/3rds of the states call for such a convention, (meaning 34 states)  it MUST take place. We will see if this is actually honored. At the very least, there is no time requirement so this could be dragged out for years.
Nevertheless, in such a convention, the ENTIRE Constitution is subject to review and can be altered and changed. This could be everything from installing “social justice” to the dissolution of the federal government. Everything is on the table as if we were back in 1776 Philadelphia.
This is an unprecedented event to amend the U.S. Constitution emerging from the states. Normally, Congress proposes a bill to amend the Constitution as was the case with income tax. Keep this one on your radar – we are looking at the potential for real change good or bad.

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Earthquakes & the Ring of Fire Intensifying on Schedule

Chile-Earthquakes
We have been getting also a lot of emails requesting an update on earthquakes. About 5 hours ago, an 8.2-magnitude earthquake struck off the coast of northern Chile late Tuesday, generating a tsunami and triggering small landslides.
It’s not so much the magnitude-5.1 earthquake that hit California – centered in nearby La Habra with well over 150 aftershocks over five days – that has residents here most rattled. Seismologists are saying that the little-known geological fault responsible for the quake could do more damage than the much feared – and celebrated – “Big One” that one day will be generated by the more famous San Andreas.
San Andreas Fault
The San Andreas fault, pictured above, has been the expected “Big One” that many claim will cause much of California to sink into the sea. However, the that just hit is called the “Puente Hills thrust fault,” and it could do more damage than the “Big One” even with a lower-magnitude quake Seismologists say, because it is located under the skyscrapers of downtown Los Angeles and a population of 4 million people, a thrust up and down would be far more devastating that a rolling earthquake. The fault was only discovered in 1999 and it runs from the suburbs of northern Orange County through the San Gabriel Valley under downtown and ends in Hollywood. That is all prime real estate.
Calif-Earthquakes 1680-2014
We are updating our correlation models for the ring of fire. Three quakes in March 2014 shows the intensity is rising. The target here was 2014.26. We should see the peak in 2016.09. There is a cycle of 1.83 years in California for the entire state. That is frequency, not magnitude. Pictured here is how our computer tracks it. Each event is added up and the year reflects the total accumulative magnitude. The frequency of recorded events has filled in post 1857. This is largely due to the fact that people have lived there post the Gold Rush of 1849. Data previously was recording only the big ones.

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The Age of Civil Unrest – Part II

Wheeler-War
I have been getting an extraordinary amount of emails regarding our model on Civil Unrest and how governments seem to be gearing up in accordance with our models. People are putting two and two together and assuming we are advising most major nations. Just as the NSA is monitoring the world, every intelligence agency from China to Russia pay close attention to our models. Whether they listen to them or just want to know what it has to say is another question I doubt they would ever answer.
That is their job. I first began to notice their use in the early 1980s. We were advising a big grain company in Geneva and the requests for forecasts on things other than agriculture were growing exponentially. I went to lunch with the head of one of the big Swiss banks and asked him about the firm and as a matter of fact he said they were a front for the KGB. In 1998, when our model accurately predicted the fall of Russia, the CIA came and said they were pulling back the veil to communicate directly. Former staff have written about that and told their stories to the press and others over that affair.
gadhafi-4
One of the reasons I gave up personal funds management and went to only public funds and institutions was because you could never know who your client was. I thought I was managing money for a Saudi and it turned out to be Muammar al-Gaddafi of Libya. After closing that account, we found others. Then to top it off, we thought we were dealing with the European NOGA Hilton chain and found there was a silent partnership of again Gaddafi, Adnan Khashoggi (b 1935) the famous Saudi arms dealer, and Ferdinand Marcos, Sr. (1917– 1989) . Simply put, nobody was whoever you thought they were. That is why I turned to public corporations. Behind the curtain they all are aware of cycles. You have to be prejudiced, blind, and stubborn to deny their existence. Even Margaret Thatcher had the guts to speak at out conference advocating cycles.(Lady Thatcher’s Address MP3).
In the real world behind the curtain they are not so prejudiced. If it works – hell they will use it and could care less about the theory. In 1995 the CIA declassified a top-secret program known as Stargate Project that had been training individuals in the esoteric science of ‘Remote Viewing’ in which, it was claimed, people were able to envision ongoing activities in distant places and future events. The same people who will never believe in cycles would not believe in anything out side of the mainstream and are drones that follow the crowd rejecting original thought.
The CIA was using Remote Viewing and it was tested and deployed under rigorous scientific conditions to obtain data about foreign espionage activities, counter terrorism efforts, secret military bases abroad and hidden missiles. It recognized the inherent psychic potential in humans and attempted to harness these special faculties or‘powers’ for the purposes of intelligence gathering, often of a vital nature. Kind a version of XMen.
The initial testing was done at the Stanford Research Institute (SRI) where extensive investigations were carried out into the human mind’s capacity to transcend all bounds of time and space. SRI’s research was supported by the CIA and other government agencies for over two decades.
SHIP
Yet the mainstream doctrine is never to explore and to stay on the path just following the current belief. This is the crowd that burned Bruno at the stake for daring to say the planets revolved around the sun and then there was the bold and crazy idea that the earth was round. Metaphysical and psychic phenomena have long existed on the fringes of conventional science and academia. Just about everyone has it to some degree. We think of someone and then the phone rings and they can be on the other side of the world. ESP, Clairvoyance, Telekinesis and Astral traveling have all been relegated to the back seat of mainstream. The established accepted belief systems crumble only in time of economic declines that are significant. This was the how Christianity won over Paganism for it took the 3rd Century economic collapse of Rome to convince people their prayers were not heard because nobody was there.
ForbiddenArcheplogyNevertheless, in spite of an extensive mention of these practices down the ages, across myriad cultures, the established mainstream just blocks out any challenge or revelation that they might be wrong and a new frontier might exist. Change is never accepted easily yet every politician says vote for them for “change” that never comes. Mainstream has always refused to listen because it requires admitting they were wrong. Economics did not want to listen to Keynes until after the Great Depression. This is how it is.
antartica-no-ice-2The book Forbidden Archaeology reveals all the evidence that documents the academics are wrong even about history. The evidence is in their drawers that they hide from the public because they cannot explain things like maps showing Antarctica with no ice from about 300BC – guess all the chariots bred too many horses that produced extra methane. There is a wealth of evidence to suggest that the nice linear progression of history and society may be seriously wrong. The whole issue of Noah and the Great Flood has been documented from evidence but at the same time there are legends of Atlantis that may be stories about the same event reflecting cyclical rise and fall.
WoolyRhinobaby-mammothThe whole theory of ice ages is based upon groves in rocks that  were assumed to be created by ice movement. Why? Because they discovered Woolly Rhinoceros and Mammoths in Russia that were frozen rapidly. The academic community was confronted by the evidence that there could be rapid change in the blink of an eye. This gave birth to the theory of ice ages – rapid changes.
ElectroMagneticWave
So there is always going to be those people who are incapable of thinking outside the box (mainstream) who will insist anything new is never real. They will resist any change and that is just the way they are. It does not matter to these folks that if they simply looked at Thermodynamics they would understand that cycles MUST exist. Even light travels in cycles – not some linear straight line. In reality, to argue that cycles do not exist is actually absurd since it would mean everything in the universe is governed by the laws of physics (cycles) EXCEPT man. Even the Global Warming people have had to shift gears first admitting there is just a “pause” in the trend, which implies cycles, and now they changed the title to “Climate Change” to hide the error in their thinking deflecting the building criticism of their linear one way street mentality.
antartica-no-iceMap of Antarctica with no ice

Therefore, the study of all phenomenon and how it will revert to a cyclical pattern may be counter to the mainstream thought of people unable to think out-of-the-box, however, this is reality. It was the shocking discovery of Lorenz and the birth of Chaos theory when he assumed data of weather was random and only with a computer he discovered it reverted to a cyclical pattern – the hidden order within the appearance of chaos.
So yes, most governments do monitor our models if they use it is another question. They could care less about the theory – if it works, that is all they are interested in. They will sort out the WHY later. For now, separating both domestic civil unrest from international war allows us to create two models and then test them back in time. They will converge since the timing is different. The last convergence was the 1700s.
Merkel’s comments that have sparked a ton of emails saying Germany is following our model simply reflect that they realize there is a rising trend against government that is economically driven. NATO has acknowledged publicly that Russia could take all of Ukraine if it desires in 3 to 5 days and the West cannot stop them.
So that is the bottom line. What they do with it – who knows?

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US Corporates All Cashed Up

dollar-supports-world
The numbers are in. U.S. companies (excluding banks) are all cashed up holding more cash on their balance sheets than ever in history – some $1.64 trillion at the end of 2013. That is up 12% over 2012. If history repeats, they will start to buy their own shares back when the market turns down. So much for US equities being overvalued.

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The Rise of Shadow Banking & The Volcker Rule

shadows
The problem with those in government is simple – they are delusional. These people like to think they have power and the world kisses their feet. They assume if they write a law, it will be followed. But like Obamacare that required everyone must have maternity leave even if they were 60, the law-makers remain ignorant of the real world out there, the same is true of the Volcker Rule that took effect on a most appropriate day – April Fools. Everything is moving into the world of shadow-banking right down to commodity ownership and hedging.
VOLCKERThe Volcker Rule refers to § 619[1] (12 U.S.C. § 1851) of the Dodd–Frank Wall Street Reform and Consumer Protection Act, originally proposed by former US Federal Reserve Chairman Paul Volcker to restrict United States banks from making certain kinds of speculative investments that do not benefit their customers. Volcker argued that such speculative activity played a key role in the financial crisis of 2007–2010. This was correct since they were shorting Lehman and Bear Stearns in the classic eat your own game.
The Volcker rule is a ban on proprietary trading by commercial banks, whereby deposits are used to trade on the bank’s own accounts, although a number of exceptions to this ban were included in the Dodd-Frank law. The rule’s provisions were scheduled to be implemented as a part of Dodd-Frank on July 21, 2012, with preceding ramifications, but were delayed. On December 10, 2013, the necessary agencies approved watered-down regulations implementing the rule, which were scheduled to go into effect April 1, 2014. On January 14, 2014, after a lawsuit by community banks over provisions concerning specialized securities, revised final regulations were adopted.
The Volcker Rule limits banks’ speculative investments and goes into effect April 1, 2014. There has probably already been quite a bit of adjustment to bank portfolios, but most of this is simply transferring to the shadow-banking sector; some they still own directly, while others are moving to the hedge-fund community.
ECM Banking Proprietary Trading
I have warned that the proprietary trading on the money center banks turned on schedule and the banks are in for a serious decline in the years ahead. Jamie Dimon’s closest aide at J.P. Morgan, James Cavanaugh, left JP Morgan for the Carlyle Group -  a private equity firm. Cavanaugh was considered Dimon’s heir apparent. He is jumping ship because the shadow-banking is rising as the money-center banks decline.

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Money is only a Medium of Exchange & Wealth = Productivity

COMMENT: Mr. Armstrong: You said, “The difference between gold and other investments such as real estate and stocks lies in its MOVABILITY.”
No.  The most significant difference is that gold is a better choice for money than other investments.
JC
FirstChina-Coin
REPLY: Gold is not money – sorry! Money began as cattle and then bronze and gold was NEVER money in Asia – that too was bronze. Gold was money in Turkey for that is where it was abundant. Egypt used grain. The Greeks used silver and the Roman used bronze.
MONEY is nothing more than the agreed upon medium of exchange. If gold was money then why has it not risen since 1980? That is a long time to wait for a theory.
The Wealth of a Nation is the total productivity of its people just as the sovereignty of a nation is the people – not the government and that is why Snowden cannot be a traitor.
GOLD is not money. Get over it. There is ABSOLUTELY nothing that is a store of value that is constant – everything fluctuates against everything else. So your concept that something is a store of value is DEAD WRONG. Gold declined for 19 year and no one will address that. The idea you express is pure communism because you do not understand cycles so you want them eliminated.
Gold is a hedge against government – PERIOD. Rhetoric is just sophistry – where is the evidence? In a Dark Age, not even gold has value – only food. You return back to square one. This is a great sales pitch that has hurt a lot of people. Gold is a viable hedge – but understand its purpose and survive. Believe the rhetoric and you will lose your shirt. Everything rises and falls – nothing is constant forever. There is a time to buy gold and a time to sell. It rises and falls with everything else.

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Counting Your Fingers in New York

NYC-Myopic View
The big money center banks trade against clients ALL THE TIME and they will eat their own in seconds. You cannot ever deal with these people and expect that they are ethical or honest, which is why they OWN the SEC and CFTC along with every other pretend regulatory body.
When I got one of those phone calls from the Japanese government asking me to please buy a French brokerage house, they are really shot-gun weddings. You have no choice but to comply for if you do not, you will not be able to do business. That was Bear Stearns’ problem – they refused to contribute to the bailout of Long-Term Capital Management that would have helped Goldman – not them. They were quickly destroyed and were not saved as a pay-back.
The firm was the 17th largest in Japan and I did not like owning a brokerage house. They were a large participant in under-writings in Japan and every major firm was a client. One had bought several hundred million in paper from Merrill Lynch before they closed in Tokyo back then. That client went to our firm and wanted to sell those bonds. The people in Japan made the mistake of calling a major US broker to get a bid. The broker searched the records to see who was the client and then called them directly. The client called and was furious for that info was confidential and assumed our firm gave that info up. They then had no choice but to refuse to liquidate for that would have been a loss of face.
I had to explain to the Japanese there is no honor among the US big firms. They keep track of every position everyone has and will trade against those positions all the time. They RELY on inside info and every time this is brought up, they deny it and the regulators never investigate. The name of the game is to ALWAYS be profitable. Whatever that takes is fine. There are no ethical worries ever.

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Now Bolivia – Bolivian miners clash with police at mining law protest

bolivia-mining1

Anyone who question that there are two trends converging, civil unrest and international war, had better open their eyes. Bolivian police clashed with groups of independent miners in Cochabamba in central Bolivia on Monday during a protest against a new mining law. The miners protested in 2012 in force. There have been rising protests since 2010 and they seem to be building.
Police were forced to take cover as the angry miners hurled sticks of dynamite at them from the surrounding hills and blocked roads. The cooperative miners are angry over a new law passed at the weekend, which prohibits independent miners from working with their private counterparts to mine the country’s natural resources. It also states that any contracts to mine sites must first be approved by the legislature.
The 100-thousand independent miners in Bolivia are traditionally political allies of President Evo Morales and are exempt from some taxes. This preferential treatment has upset miners from the private sector.

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Global Market Watch – April 1st, 2014

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Rigging Markets & Michael Lewis

Bull
Just to set the record straight, markets can be rigged insofar as when banks act as brokers and keep track of client positions and trade against them. That is standard operational procedure despite Goldman’s denials. That has been going on for decades. There was the typical running of stops by floor brokers. This systemic market rigging is common in all markets for regulators play the same game and are part of that rigging process. They target small to medium size firms and routinely put them out of business because the big firms do not like the competition.
Does high-frequency trading front run orders? YES! However, this is not “rigging” theTREND. There is all sorts of corruption within the markets as there has been in politics. That is one reason I disagree with the “gold promoters” because they ONLY say buy and never sell. I cannot tell you how many emails I have received from people who lost their shirt listening to this nonsense.
I do not think Michael Lewis means manipulating trend. But that is the way it is being portrayed. Even Goldman Sachs came out ahead of his book and said high-frequency trading should be regulated. Great idea. The regulators do not stop any rigging by any big firm. Let a small company try to compete and they will be shut down.
The big NY money center banks hate my guts because they are under the false impression that they CAN manipulate markets. I merely forecast the opposite direction and they blame me arguing I manipulate the world because they were wrong again. They are delusional for every single time they have come up with some scheme they have collapsed and turn to government for a bailout. If you know government has a blank check and regulators will never criminally prosecute you, then you do not need risk management and that is what it is all about. Because the banks have been warned they will NOT be bailed out next time, they are turning away pension funds because they are losing a fortune and they in turn will only sue the banks.
There is a sizable difference between rigging the markets to front-run that I have watched since the late 1970s and actually manipulating the trend. My bet, the high-frequency trading will blow-up for they will be long and unable to sell fast enough during the crash and you will see new record down-drafts of major proportions. They will be unable to sustain the trend and when they buy a lot assuming there will be a buyer to sell to at a higher price, those assumptions will be their downfall. Then there will be an investigation. The real issue, they are deluding themselves regarding their ability to exit. They will experience the same crisis as the average person trapped in a long position at the top.
YES – we have run studies on the high-frequency trading and they show they will collapse no different from any other trader. NOBODY can rig the TREND. If that were true, there would be no cycles and they would NOT constantly need bailouts.


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US Share Market & high-frequency trading

bunny
The US Share Market is like that Pink Energizer Bunny – it just keeps going. The talking heads keep talking to themselves and remain clueless since this is not economically driven from the standpoint of a booming economy. Rather. the economy remains the strongest in the world and we are simply the prettiest of the ugly twins.
Of course there is the promotion of Michael Lewis’s new book where he claims the market is rigged by the high-frequency trading. This sounds great. but in truth there is no substance to this regarding the trend. Yes, a computer can out-trade any individual with ins and outs rapidly. However, during an increase in volatility, these programs shut down. They withdraw from the markets and therein you get the flash crashes because they do provide the illusion of deeper markets.
CSP500-M 4-1-2014

The high-frequency trading deepens the market but it does not alter the trend. The computers trade within the trend and the market still peaks and bottoms on schedule with our model. Even in computers, if you try to create a random number generator, it will fall back to a pattern and cycle. Attempts to seed it from the time clock produce the same end result beginning from the same tick on a clock. Therefore, high-frequency trading displays also cycles.
CSPEUR-M 4-1-2014
Those claiming markets are rigged do not really understand how they function if they claim the trend can be altered. You can rig something within the trend, but that is it. You cannot make the US share market rise or fall based upon your desire for the long-term. If the entire world is trading against you, you are done. Here is the S&P in Euros. Now lets look at it in C$, BP and Swiss.
CSPC$-M 4-1-2014
CSPBP-M 4-1-2014
CSPSF-M 4-1-2014
If high-frequency trading actually manipulated the market, then it would be rising only in dollars. The fact that the US share market is rising in most currencies even when the currencies are rising against the dollar, demonstrates this is a real bull market on a global scale.
We will see a temp high form near-term. However, the S&P is headed to test the 2000-2045 level. All the high-frequency trading in the world will NOT prevent the crash that will be on the horizon. Nobody can manipulate the trend. The best they can do is fuel the trend but never trade against it – the old saying remains true – the Trend is your Friend.

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Turkey Riots of Election Fraud

Turkey-4-1-2014
Simply put, the voters in Turkey just do not believe the election results and everyone suspected there would be massive fraud to retain power. After the victory of the Turkish ruling party in local elections, thousands of opposition supporters have taken their anger at the result on the road. In Ankara, police used water cannon on Tuesday against the protesters who had gathered outside the building of the electoral authority. They demanded a recount in some constituencies.
The party of Prime Minister Recep Tayyip Erdogan, despite allegations of corruption against the government across the country expanded its power in the election on Sunday. We may be looking at revolution in the years ahead.

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