Socrates for Investor Level Starts Next Week
We have begun to release Socrates on the Investor Level in tranches. The volume of people going into the site we want to ensure can handle this load. Keep in mind that this is for the general public, not for day traders. The trading systems version with reversals and arrays will start January 1st. Those who attended the conferences will have access for the last 10 days in December.
The Investor Level will provide the Global Market Watch for long-term investors. The computer will write a report on world markets and the S&P 500 series of stocks will also be on the system. Keep in mind that Socrates writes these reports. They are fully computer generated. There are not enough analysts in the world to produce this much research on a daily basis.
We will post the link to sign up for your trial version. The annual cost will be $150. There will also be a separate blog for those in the system.
Real Estate has Peaked
The US real estate market has turned for the top end has peaked. Luxury homes for the top 5% are now off by 2%. In my personal search in Florida, I looked around for the past year. Some of the high-end homes they showed me on the beach were still on the market. One that I looked at which just came on the market at $4.5 million has cost $7.5 million to build. It was a divorce. This end of the market the agent told me had been selling in cash deals, rarely a mortgage.
CNBC has reported that Redfin real estate company tracking the top 5% of the more than 600 U.S. markets fell an average 2.2% in the third quarter compared to the same period last year. When the rich stop buying, the rest follows.
Government has ensured that real estate will collapse for you see the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) combine certain disclosures that consumers receive in connection with applying for and closing on a mortgage loan under the Truth in Lending Act (Regulation Z) and the Real Estate Settlement Procedures Act (Regulation X). New disclosure requirements and forms in Regulation Z for most closed-end consumer credit transactions secured by real property have gone into effect with the turning point on the Economic Confidence Model. Government combined the existing disclosure requirements and implemented additional requirements imposed by the Dodd-Frank Act which applies to transactions for which the creditor or mortgage broker receives after the ECM turning point. This new legislation became effective October 3, 2015 with the ECM.
Real estate agents are reporting that mortgages are now taking far longer to process and approve and have caused transactions to come nearly to a halt. To get a mortgage, one must prove they have the capacity to pay it and must document everything that has gone through their bank accounts.
The World Real Estate Report will be sent to attendees next week. This will be placed on sale for everyone as of January 1st. The price will be $400 for both reports covering North America, Europe, Central & South America, Australasia, Middle East and of course Asia.
Switzerland Abandons Its Historic Principles
Switzerland
has completely capitulated surrendering its historic safe-haven status
to the entire world. Switzerland was born from a tax revolt against the
Hapsburg dynasty in Austria. The tax collector made William Tell shoot
an apple off his son’s head with an arrow. Switzerland began as a tax
rebellion. It then remained neutral in war and it remained neutral in
religions serving as a safe-haven fro those who would be religiously
persecuted. All of that is now gone forever. Switzerland has surrendered
its integrity and its heritage.
The
Swiss Senate has passed the resolution to exchange ALL information on
anyone who has any assets in Switzerland. They have surrendered their
sovereignty to this worldwide effort to destroy the entire global
economy because politicians can never run any government efficiently.
They are incapable of keeping their hand out of the cookie jar. Power
simply corrupts and thus 99% of all wars and revolutions are concerning
money. Do we really need to ask when will we ever learn? The Swiss have
simply lost their minds for they have abandoned their heritage and might
as well have joined the euro since the obey the commands of everyone
else anyway.Schengen Agreement on the Verge of Extinction
We warned last February that the cornerstone of the EU was to be the freedom of movement to create the United States of Europe would collapse. This effort became known as the Schengen Agreement to the create a borderless Europe which was signed on June 14th, 1985 (1985.452) between five of the then ten member states of the EU. We warned that the Schengen Agreement would begin to come under attack with 2015.75 and the risk of it becoming overthrown would come 2016.867 or November 12th, 2016. What is amazing is that this target was generated before the Refugee Crisis. This is extremely fascinating to observe how events unfold in line with the cyclical targets. This target was Pi – 31.415 years from the signing. The 2015.75 target was the peak in government.
Now, documents have been leaked which state that the free travel right of the Schengen zone could be suspended for two years under emergency plans to deal with the migrant crisis. This is right on target. The interesting aspect are the implications for Europe in the future for the model warns that a two year suspension is more likely than not to be its extinction.
Gold on the Benchmark
COMMENT: Mr. Armstrong, it is really unbelievable how the metals fell right into the precise week you gave more than two years ago. I am a reformed goldbug. I am so impressed yet these people demonize you because they are indeed just propaganda pushers who are mindless. They only say buy with no regard for the survivability of the average person.
Thank you for saving my family. There is a time and place for everything.
LR
REPLY: Yes, we reached the first number 1043 in the precise week of the first Benchmark. But this is not over yet until the government sings, not the fat lady.
We will be also creating a blog for inside Socrates next week where we will have a bit more freedom to comment without upsetting those who have been paying for the gold reports.There are those who prefer to pay for reports to ensure exclusivity. Our institutional clients never wanted me to appear on TV or do a ton of interviews giving out forecasts. They often said they did not want to see what we projected for free on the front page of every newspaper. I still respect that perspective.
World Economic Conference Private Blog
Next week we will be sending out invitations to the World Economic Conference Blog. Here we will provide short video clips of the forecasts of the various markets going forward some of which we did not have the time to show them all.
Additionally, we will be sending out the invitations for the access to Socrates Trader Level as promised for year-end.
The WEC Blog will allow us to address issues that were discussed at the conferences.
We will begin next week to prepare some materials that will be open to the general public.
Trump – the Next President?
Donald Trump has surged to 36% in the polls driving the political pundits crazy. After more than 30 years of dealing directly with politicians around the world, I must say one thing. Politicians NEVER will admit a mistake. No matter what, they will always follow a single course simply because they declared that direction from the outset. So we will not see a reform of the Euro but authoritarianism to force it to work. We will not see Obama back-down from trying to overthrow Assad despite the fact this will lead to ISIS controlling Syria and creating even more of a problem if not World War III. Politicians do not change direction.
Trump being a businessman, is not cut from the same cloth. Perhaps he would change the direction we are headed in and would actually negotiate with Putin. His risk is that of assassination for those really in power Behind the Curtain do not want to lose the reins or power. They would have him killed before the give up control and playing warlord.
One thing is clear. Trump is at least a shot at making a change compared to Hillary and Bush. Looks like the political upset for Washington predicted by our computer way back in 1985 for 2016 will be spot on. All it takes is turning the economy down to upset politics.
Trump actually has more support than most incumbent political parties in any other government worldwide. This is illustrating that indeed 2015.75 was by far the peak in government on a major global scale.
Spanish Elections – December 20th
The Spanish Prime Minister Mariano Rajoy who is a member of the Popular Party (PP) announced shortly before the general election expected to be December 20th that a record fall in unemployment took place. Looking closely at the statistics reveals that the missing unemployed have emigrated someplace else. Clearly, there are fewer Spaniards contributing to social insurance than before. Only the number of seasonal workers and of workers as a housemaid increased significantly. Magically, the unemployed Spanish youth over 60% are vanishing one way or another when it comes time for elections. Rajoy is projected to get 28.6% of the vote, which is down sharply from the 44.6% his party won during the last election.
Rajoy’s Popular Party has been hammered down by corruption scandals, austerity measures and an unprecedented unemployment rate. The government now claims that unemployment is falling and rests in total at 21.1%. Of course, this stands at US Great Depression levels and the highest in the Euroland with the exception of Greece. Playing with these numbers ahead of the election is just dishonest and it looks like the majority know it.
The 60 year-old Rajoy faces three challengers all who were totally unknown when he first took power in 2011. There have been major rallies calling for change and separatist movements as well. There is Albert Rivera, 36, who comes from the centrist Ciudadanos party who is very popular. Then we have the Socialists’ Pedro Sanchez, who is 43, and far-left Podemos candidate Pablo Iglesias, who is 37. This is illustrating that we have a generational shift starting to unfold in politics everywhere.
The peak in government has indeed arrived with 2015.75. We are witnessing a political change that is very profound on a global scale, not just for the 2016 US presidential elections.
In Time for Christmas
Roman Antoninianus of Probus (276-282AD) are available from the hoard we purchased that was discovered in England. All coins are high grade, fully legible and not corroded. This is a great gift for children to spark their interest in history.
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