NEWS MAY '15 (public)
What happens when John Galt goes on strike?
Friday May 29, 2015 - Swiss arrest non-us citizens for allegedly committing crimes in a non-US country on demand of the USA!?
Updated sections: Agriculturals , Copper & Platinum , Inflation index ,
It all happened in Switzerland! It goes beyond imagination that non-us citizens (FIFA) are arrested for crimes they allegedly committed in a non-us country and that they are arrested in Switzerland by Swiss authorities on behalf of an US prosecutor already claiming they have committed a crime...and that they face extradition to the USA! Snowden surely made the right decision by flying to Russia and seeking asylum in this former communist country which has changed a lot since 1989. Assange clearly made the wrong decision. The USA must have an dramatic power over Swiss authorities...and the Stupid Democratic Majority must be absolutely stupid not to react to this kind of infringements.
note: Switzerland has also announced it will publish the names of all non-Swiss holding bank accounts in Switzerland...
Former speaker of the House arrested. Federal prosecutors have indicted former U.S. House Speaker House Dennis Hastert on bank-related charges. A statement from the U.S. attorney's office in Chicago says the 73-year-old Illinois Republican is accused of structuring the withdrawal of $952,000 in cash in order to evade the requirement that banks report cash transactions over $10,000. He's also accused of lying to the FBI....so much for what many people see as a Capitalistic country of the Free!?
Logic Mr Holmes....if the US-Dollar goes up, the price of commodities will momentarily come down and by doing so it will hide (decrease) momentarily USA-price-inflation. Lower Oil prices have already brought some relief. Additionally the strong Dollar for sure has an impact on the general price level in the USA because most commodities, food and consumer goods are Imported.
| Groceries and the cost of life in the USA have gone up a lot in price over the past two years...A LOT !...and this is not reflected by the Official Inflation figures. |
Important Fundamentals: see subscriber's section
Important Technicals: see subscriber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Thursday May 28, 2015 - Monday May 26 was Option expiry day -
Updated sections: Crude Oil, Coal & Solar ,
Spanish elections: Podemos and Ciudadanos make gains. Shit happens if you do what must be done....Spanish people have spoken and Rajoy lost over 2.2 million votes. The PS (socialists) were also great loosers. No doubt Spain is following the same pattern Greece has been tracing. The Spanish economy has been a key concern for voters, and many are enraged over public spending cuts and reports of political corruption. The two traditional parties fell short of overall majorities in most areas. They both lost a significant number of votes to emerging groups Ciudadanos and Podemos. Anti-austerity parties, linked to the Podemos movement on the far left, which is barely one year old, have the prestige of holding power in Barcelona, and could form a coalition to rule in the Spanish capital.
Prime Minister Mariano Rajoy's administration and the previous Socialist (PSOE) government are both seen as being to blame.
Important Fundamentals:
- Uranium: China's government is said to be on the hunt for uranium acquisitions with large deposits and low costs, and Cantor Fitzgerald analyst Rob Chang says four projects in Canada could meet its criteria. Chang's deposits with the potential to attract immediate Chinese interest are Rio Tinto's (RIO), Cameco's (CCJ) , Denison Mines (DML.TO),....more on Uranium in the subscriber's section
- Japan is restarting it's nuclear power stations. A nuclear plant in southern Japan is set to become the first in the country to resume operation under new standards introduced following the 2011 Fukushima disaster. Sendai NPP was handed the final permit on Wednesday to restart its reactors. The approval of Sendai’s operational safety plans is the last stage of a three-step screening process implemented by the Japanese Nuclear Regulation Authority, according to Reuters.
Important Technicals: see subscriber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Wednesday May 27, 2015 - Internet is the printing and the books, the newspapers of the 21st century
Updated Sections:
Not only will Internet replace books, magazines and the traditional Television Channels but it will have a similar impact on society as the printing and the translation of the Bible had centuries ago. Propaganda will become increasingly difficult, viewers will select themselves what they want to read, which movies to watch and which source they pick the news from.
Internet is great innovation. However it doesn't provide trouble free digital money and/or failure proof digital payments. If governments were to eliminate all CASH money, they hereby would become the slaves of those who run the Internet service and if these were to go bankrupt, they would also do.
Bear in mind that the odds that about 200 countries (the world) would decide to switch to DIGITAL MONEY at the same time, are ZERO. If such is impossible, it would also be very difficult for any countries to completely trust Digital Money (bank money) . Last but not least, by doing so, the Authorities would allow BANKS to completely control Government...He who controls the money, controls the economy and the people.
Having said this, Governments will probably try to digitize many financial operations with the excuse that such is requested in order to control Terrorism, Money Laundering, Weapons and Drug trafficking. Do Governments really are so stupid that they don't know that these guys would if necessary trade their goods for Gold, Diamonds,...even Copper bars if such is necessary!?
America and Europe - from freedom to Fascism.
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Tuesday May 26, 2015 - Religion is a very effective way to control the Herd -
Updated Sections: Natural Gas shares , Uranium , Banks & Financials,
The most effective way of making everybody serve the single system of ends towards which the social plan is directed is to make everybody BELIEVE in those ends. (Hayek)
| This is WHY Internet is a breakthrough and is about to change the World! |
The skilful propagandist assists in this process by molding the people's minds in any direction he chooses and even the most intelligent will not escape if they are cut off other sources. The most efficient way to control the way people think is to change the meaning of WORDS like and this is how the transition is made form old Gods to new ones.:
- Capitalism is bad and socialism is good: Capitalism and free market competition are ensuring each individual can fully participate to society while socialism and communism destroys it.
- Socialism is not Democracy: Socialism leads to Fascism and Democracy is no longer what the Greek meant it to be as it now also serves the cause of Society it has in fact become socialism.NOT
- Inflation and Deflation: Inflation is NOT an increase of the general price level and Deflation NOT the opposite.
Important Fundamentals: see subscriber's section
Important Technicals: see subscriber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Monday May 25, 2015 - Memorial day
Friday May 22, 2015 - Monday is memorial day - next update comes Tuesday !
Updated sections:
Greece: You’re trying to drive us into the ground — to force starvation on the Greek people. You go to hell, we’re not paying you one nickel. In fact, we’re not having anything else to do with you. We’re out of NATO, we’re out of the EU, we’ve got our own currency back, and if we need any financing, our Russian friends are going to finance us."
| NATO is a mercenary force for Washington's aggressions. And without NATO, Washington doesn't have any cover. |
if the Greeks were to default on the debt, that would leave Greece debt free. It would have zero debt to GDP, and if they needed financing for some reason, the Russians could finance them. if this happens with Greece, it’s bound to happen with Italy and Spain because Italy and Spain are in the same situation — they’ve got more debt than they can service.
About the Euro/Dollar and Bond market: Veteran traders know the peril of attempting to pick up nickels in front of a moving steam roller. The same can be said of getting in front of the European Central Bank. The ECB will likely increase its bond purchases in May and June to better deal with light trading volume in July and August, a particularly sleepy and potentially illiquid time for European credit markets. The ECB isn’t ready to contemplate the prospect of ending its quantitative-easing program, which kicked off in March, ahead of schedule. ECB President Mario Draghi says he intends to run the program through September, vacuuming up more than one trillion euros ($1.12 trillion) in government and private-sector debt at an average pace of €60 billion a month...so those who keep believing in a strong Euro could be in for a bad surprise....whether Greece falls or not may not make a difference at all!
Inflation manifests itself in different ways:
Important Fundamentals: see subscriber's section
Important Technicals: see subscriber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Thursday May 21, 2015 - more caution signals for the General Stock markets !?
Updated sections:The new Panama locks will be inaugurated April 2016. They will be able to take all large modern vessels. The income Panama generates from the canal is dramatic. A vessel pays from $ 360,000 to $ 460,000 for each transit and there are an average of 48 ships navigating through the canal each day.
In 5 years time Panama has grown from a small provincial town to a world metropolitan. Because of its special tax status several Multinationals have decided to move their headquarters to Panama city. This has generated thousands of jobs. Unemployment in Panama is about zero percent and wealthy immigrants are flocking in from neighboring socialist countries like Venezuela, Argentina, Brazil and also from all over the world. May Intelligent Psychopaths (Western Politicians) and the Stupid Democratic Herd adoring them don't seem to understand that Socialism only kills the economy and a society and can rapidly transform a country into a Banana Republic. What happens in Central and South America is a modern life proof this statement.
Real Estate Prices in Panama are way too high (and the quality extremely poor). Hopefully prices will come down in about 2 years time as soon as all new planned constructions have been finished. The way prices are going up right now and taking into considerations the unhealthy arrogance of Realtors and Builders, I don't think it can last long before this bubble bursts.
Important Fundamentals: see subscriber's section
Important Technicals: see subscriber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Wednesday May 20, 2015 - Portugal the next domino to fall after Greece
Updated sections: Oil shares ,
How big is Greece's debt in 60 seconds.
Europe faces second revolt as Portugal's ascendant Socialists spurn austerity. Any concession to Greece will set off political contagion and cause fiscal discipline to collapse across southern Europe! After Greece comes Portugal, after Portugal comes Spain, after Spain comes Italy, after Italy comes....???
The Telegraph publishes that the UK has slided into deflation. This statement is incorrect. Not only can one not measure inflation and deflation by measuring the general price level but the measurement also doesn't take into account that during a inflationary-depression the price of low order consumer goods tend to rise and the price of high order capital goods falls (housing, real estate). The measurement/figures for the UK also don't take into consideration the seasonal fluctuation and price fluctuations due to the inconsistent low price of energy (oil).
Important fundamentals and Technicals:
- ECB steps up pace of bond buying and we may have seen the end of the backtest. The euro experienced its second biggest one-day fall in three and a half years after a surprise European Central Bank pledge to increase its monetary stimulus over the next few weeks.
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Tuesday May 19, 2015 - The regulatory/legal regime in Europe prevents entrepreneurialism.
Updated sections: Gold & Silver shares versus Gold and versus common stocks, Recession Proof Stocks, Oil shares (partially) ,
Banknotes used to be interest bearing Treasury Bonds which were guaranteed by Gold and/or Silver. The banknote left was issued in 1920 by the Ministry of China as bonds, but these bonds were circulated in the market as banknotes. Other countries issued similar Treasuries/Paper Money. The longer these were in circulation, the more interest was paid to he/she who redeemed the note.
With time the the interest bearing characteristic disappeared but the banknote could still be exchanged for Gold and/or Silver. It became easier for Authorities to print more Paper money since they only had to pay for the paper and the ink. 1971 when Nixon closed the gold window, Banknotes became worthless Fiat Paper. Not only did they stop to bear interest, but notes were no longer guaranteed by REAL ASSETS. What we live and experience today will be remembered by History as the “Great Depression of the 21st century”. Hopefully (but it is not certain at all) Historians will better understand how this depression originated and unfolded to the dramatic situation we are in.
Hopefully Historians won't try to blame 'a stock market crash' which will without any doubt, happen at some time in the near future. For a 'stock market crash' is a symptom of a deeper problem. It is the result of the destruction of money.
| Bond markets will fall gradually, then suddenly. Rates are already rising. |
The Pharma industry today has as much power as the Oil industry (7 sisters) had in the past (1970's - 1990's). They dictate the price structure. It is actually illegal for Medicare to negotiate drug prices!?Blame both Bush and Obama and a very powerful lobby. How do you get it written into law that the federal government has to pay whatever price you want? As a matter of fact, I was trained to do so by my University professors.
Important Fundamentals: see subscriber's section
Important Technicals: see subscriber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Monday May 18, 2015 - the wall has to ensure Western civilians don't flee to the East !-
Updated sections: Bonds USA (scroll down for TBT-bond shorter) , Gold & Silver Juniors ,
After more than 25 years new BERLIN WALL in Ukraine. They call it the Great Ukrainian Wall. Kiev authorities have approved a major new program to isolate the country from Russia by constructing an enormous barrier, equipped with anti-tank ditches and remote controlled weapons stations. They intend to spend $200 million on the grand plan. The plan includes a project initially called 'The Wall' or 'European bulwark'. It's estimated to be worth 4 billion hryvnias (about $US200 million) and involves the construction of a barbed-wire fence with 17-meter high steelwork turrets. There will also be four-meter wide, two-meter deep antitank ditches, a lateral route and a drag road, remote combat modules, fortified sectors, observation posts, CCTV cameras, communication towers and alarm systems.
| Western Europe is sliding into a DDR and STASI situation.... |
A World Passport is a 30 page Machine Readable Travel Document (MRTD*) with alphanumeric code line, scanned-in passport photo and "ghost" security paper with embedded logo, the data page laminated, in 7 languages: English, French, Spanish, Russian, Arabic, Chinese and Esperanto. Each passport is numbered and each page contains the World Citizen logo as background. Two pages are reserved for affiliate identifications: diplomatic corps, organizations, firms, etc. There are nineteen visa pages. In the inside back cover, there is space for home address, next of kin, doctor, employer, driving license no. and national passport/identity number. The cover is blue with gold lettering...more
| Everyone has the right to leave any country, including his own, and to return to his country. [Universal Declaration of Human Rights] |
- For nation-state recognition, please go to Documents / Visas.
- To apply for a World Passport, please go to the World Passport Application Form
The World Economy (USA, EU, UK,...) is about to slip deeper in the DEPRESSION. No green sprouts....and more QE (money printing) but the odds are that we may also see Higher Interest Rates (in a Greek style). And if US Retail Sales are weak, then Wholesalers are seeing sales plunge at a pace not seen outside of recession…Factory orders are collapsing...Durable new goods orders are falling....and EXPORT growth is negative.
We don't like ETF's and manufactured financial instruments. Therefore it is hard to find any good instruments to short the Bond market. TBT is a manufactured instrument, so remember price can be against you even if the underlying security is for you.
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Important Fundamentals: see subscriber's section
Important Technicals: see subscriber's section
| The more time it takes before we have a distinct, fresh upleg for Gold expressed in US-Dollar, the more time Bull-Shitters get to try to convince the poor-informed investor that the Fiat Paper Price of Gold will come down ! |
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Friday May 15, 2015 - Monday is memorial day so next update will come on Tuesday !
Updated sections:
Is it a correction or did the Bond Bubble burst!? More than $450 billion has been wiped out across global bond markets in the past few weeks and, for many people, there doesn't seem to be any particular reason why. See the charts in the sections for Bonds and decide for yourself. Personally, I have a Bond-Vertigo for years now!
Important Fundamentals: see subscriber's section
Important Technicals: see subscriber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Thursday May 14, 2015 - There is an ongoing bank run in Greece -
Updated sections: Gold & Silver majors ,
There is an ongoing bank run in Greece. Greece is effectively introducing a capital control in the country. The banks in Greece once again feel a lot of pressure as thousands of people have started to withdraw cash. The European Central Bank once again had to step in by increasing the Emergency Liquidity Assistance to the Greek Banks as it had to raise the ceiling by another 2B EUR. The Greek government is planning to instate a tax on withdrawals from ATM’s. Additionally, all wire transfers of in excess of 1,000 EUR will also be subject to the tax.
| What is happening today will happen in other countries tomorrow...better be prepared and act 4 years early than one second late ! |
Important Technicals: it sometimes takes time for a formation/bottom to mature...but price will rise when time is up!
- xxxxx is a buy at present level.
- xxxxx seems to be breaking out. Important is that the price breaks through its 200 day Moving Average (red line) and tests it before going higher. The stock is a buy once the 200 day MA has been tested positively. A positive test we already had for xxxxx which is a buy....see section for Majors for other shares. xxxxx , xxxxx , xxxxx with bullish head and shoulders are also positive and a buy.
- xxxxxxxx is about to break out of a bullish Head and Shoulders pattern and is a buy
- xxxxxxxx is testing a breakout level and the bottom of its uptrend channel and is a buy.
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Wednesday May 13, 2015 - site was off-line...please accept our apologies for the inconvenience
Updated sections:
This is a never ending story. As the Roman republic descended into imperial chaos, the costs of citizenship began to outweigh the benefits... many of which disappeared altogether. Elections became obviously rigged, and bribery was rampant. So the right to vote wasn’t exactly much of a benefit. Cicero tells us in 54 BC that so much money had been borrowed to rig Roman elections that interest rates had temporarily doubled. By the 4th century, Romans were being executed simply for violating Emperor Diocletian’s infamous wage and price controls....
World Bank and IMF – here starts the competition. Ahead of the 7th BRICS Summit in Russia, the Indian government on Monday announced the appointment of Indian banker Kundapur Vaman Kamath as president of the $100 billion New Development Bank being set up by the BRICS. Kamath has earlier worked with the Asian Development Bank and was the FORBES ASIA's 2007 Businessman of the Year.
| The BRICS Bank launched last year will fund infrastructure projects in Brazil, Russia, India, China and South Africa, and challenge the dominance of the Western-led World Bank and the IMF. |
Russian Finance Minister Anton Siluanov will become the bank's first Chairman of the Board of Governors, while the first chairperson of the Board of Directors will be Brazilian. South Africa will establish an African regional center for the bank. Leaders of of BRICS had in 2014 reached an agreement to establish the New Development Bank, with its headquarters in Shanghai. Russia's Finance Minister Anton Siluanov told reporters after the Summit in Brazil that the BRICS decided in favor of Shanghai because the city offers better infrastructure, opportunities to capture private funding, and is home to more investors than the competitors.
Important Fundamentals: see subscriber's section
Important Technicals: see subsciber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Tuesday May 12, 2015 - Crisis is gonna hit again and more money will be printed and markets will go higher!
Updated sections: World Stock market indexes in Real Money , Long term World Stock market charts ,
Political Instability is rising again in Europe. Prosecutors in Macedonia say they have charged 30 people with terrorism-related offences following deadly clashes in the northern town of Kumanovo. Some have also been charged with illegally possessing arms and explosives, a statement quoted by AFP news agency said. Eight police officers and 14 gunmen were killed in the weekend clashes. On Sunday, Macedonia said the armed group had been led by five Kosovans. The interior ministry said they were members of the now dismantled Kosovo Liberation Army. Note: this is how the previous war started.
| War in the EU and the Middle-East is bad for the Euro and good for the US-Dollar... |
A Turkish freighter has been attacked near the coast of Libya, leaving one crew member dead, Turkey's foreign ministry has said. The ship came under artillery and aerial fire near the eastern port of Tobruk late on Sunday, the ministry said. Several crew members were hurt. Turkey criticised what it called an "atrocious" act.
Former Treasury Secretary Tim Geithner said Thursday that a financial crisis will happen again at some point, but the structural reforms undertaken after 2008 can serve to mitigate the damage. This is partly so for the USA and absolutely NOT so for Europe! Because only NOBODY knows WHEN it will occur you must be properly prepared and invested correctly NOW before this next wave runs through the financial markets. The odds that something will derail are increasing once Politicians have to use TALKING...the more talking, the bigger the risk!
Today's biggest risk we have for the BOND MARKETS and less for the Stock markets. The Gold & Silver sector is bottoming out and should do better during the next crisis. Because of the low and negative interest rates, the bonds are extremely leveraged. The chart below shows how much damage 1% rise in interest rates does.
Important Fundamentals: see subscriber's section
Important Technicals: see subsciber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Monday May 11, 2015 - What does the Footsie try to tell us?
Updated sections:
About the elections in the UK: Chanceries, political elites and business federations across Europe, regardless of whether they are on the Left or the Right, were hoping the Conservative Party would have lost this past week's general election. Cameron did not!
About the EU: A political alliance of previously independent nations in a single currency is bound to lose support within member countries which are weakened by that union over lengthy periods. For the EU, this becomes inevitable if GDP growth persistently underperforms and there is no federal system to support the weakest countries. Mario Draghi's ECB is a monetary lifeline for the EU but it cannot and will not change Greece's economic policies or those of any other state. 'Brexit' will eventually occur....
As expected, Farage lost the elections. People are by nature scared of dramatic changes and don't like to be confronted by the reality. Majority politicians are well aware of this. We need more depression and pain ( taxation, regulation, unemployment, depression) before the Herd will change course.
| Immoral high Taxation brings us to living in Panama for honest folks. Make your money elsewhere and just come here to play. |
Important Fundamentals: see subscriber's section
Important Technicals: see subsciber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Thursday and Friday May 7-8, 2015 - Technical formations etcetera...
Updated sections: Euro , World Stock Market Indexes ,
We have an ongoing backtest of the Dollar-Euro. The Point and Figures chart clearly shows the dramatic TOP formation (bearish wedge) for the Euro and the STOP LOSS action of the 2nd part of 2014. Whatever is said, it will be extremely hard (in my opinion impossible) for the Euro to break back though this huge formation. Best case scenario, the Euro can correct to $ 1.20 to $ 1.22. Use the correction to buy more Dollars. Better is to buy Can-Dollars and Aussies and NOT US-Dollars. The CanDollar has broken out versus the US-Dollar and the logic is that the Loonie will in the near future perform better versus the Euro than the US-Dollar. [see subscriber's sections for US-Dollars, Euro, Can-Dollar and Aussie for larger charts, details and more charts].
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| Euro index - short term | Euro index - point and figure chart 1999-2015 |
The FOOTSIE is the canary in the coal mine for the stock market indexes. For some time now the index has been hoovering in the top zone of a long term trading zone and is trying to break out...nothing happened yet and therefore EVERYTHING is possible. In other words, the Footsie could drop back to the bottom of this zone....or drop by 50%! [more in the subscriber's section] but could also break through this long term resistance zone and signal higher Stock Market Indexes and Hyper-inflationary conditions.
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| short term candle | long term candle |
The point and figure chart for the Dow Jones Industrials expressed in Gold is also extremely interesting. The Bearish Flag (see PF chart below) is a CAUTION sign. The flag tells us that either Gold will rise more and faster than the Dow Jones, either the Dow Jones will correct while Gold will continue to hoover around $ 1200 and/or go higher. [See subscriber's section for Stock Market indexes expressed in Real Money for more...large PF chart for Dow Jones expressed in Gold is published in the section for World Stock Market Indexes]
Important Fundamentals:see subscriber's section
Important Technicals: see subsciber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Wednesday May 6, 2015 - We have peak Oil
Updated sections: ¥-Gold & ¥/€/$ , £-Gold & £/€/$ , ZAR-Gold & ZAR/€/$, Krona-Gold & Krona/$/€ , Yuan-Gold , Rupee-Gold
Putin to grant FULL AMNESTY for capital returning to Russia. Yes, Yes, and YES...they is NO WAY around it. Unless Governments treat Capital properly, no economic recovery is possible. Anybody keeping his savings out of political reach to avoid its consumption may have no fear. The day also comes that Western Governments will welcome these clever entrepreneurs with open arms....but for the time being they are doing exactly the opposite. For some reason they refuse to learn from the USSR-Russian experience. But what else to expect from Politicians which are nothing but a mirror of the Stupid Democratic Herd!?
The conflict in Ukraine is handing us right now is a second chance to get in on the ground floor of a huge upswing in Russia. It’s the early 1990s all over again, when most investors were paralyzed by crisis worries, when shares in the best companies were trading at giveaway prices, and when contrarians picked up all the chips.
It was Russia who liberated more than half of Europe in 1944-45 and not the Americans like many think...
We have peak oil and professionals are fully aware of it. Oil companies continue to prosper and shares continue to go up...are you part of it? The price for Brent futures reached a new high for 2015, rising above $68 a barrel on the London ICE stock exchange. The recovery in oil prices prompted a strengthening in Russia’s currency, causing the dollar to fall below 51 rubles. The price for Brent futures reached a new high for 2015, rising above $68 a barrel during trading on the London ICE stock exchange. At the same time, the recovery in oil prices prompted a strengthening in the Russia’s currency, causing the dollar to fall below 51 rubles.
Important Fundamentals:see subscriber's section
Important Technicals: see subsciber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Tuesday May 5, 2015 - Internet is the book of the Middle-Ages
Updated sections: Gold, US-Dollar, Silver, €/$ and €-Gold , Aussie-Gold & Aussie/$/€ , Can-Gold & Can$/$/€ ,
The Worldwide Internet is the new Gutenberg Press of the World. Everywhere the Internet has become established which is now most of the World, it has provided instant access to an incredible amount of information from esteemed authors and researchers, facts that are showing the Major Mass Media’s narratives and stories to be largely false.
| Like the Book took away the power of the church (Luther), Internet is taking away the power of big government...at a much faster pace. |
It brings about many Changes: the CD-rom (music) will disappear, DVD-movies (blockbuster) will disappear, Magazines and Books will disappear. The media like we know it (Television) will completely change. The News has stopped being the monopoly of Governments and pressure groups.
In the 1980-90's it did cost a professional at least $ 1,500 per month to have access to only a fraction of the information one has access to through Goldonomic and Internet today. I remember that 1985 people in Belgium were arrested and jailed because they had installed a Satellite dish on their roof. During those years, even the possession of Walkie-Talkie's was illegal. Advertising in Mainstream media was however financially accessible to the middle sized entrepreneurs...compared to today where only large institutions (banks,..) can afford it.
Important Technicals:
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Monday May 4, 2015 - the Tesla battery cannot change the world - price of gold will go up when time is up!
Updated sections:
Renewable Energy is a HOAX, Political SMART TALK. Most sources of renewable energy have less energy density than do fossil fuel. This means using more and more of the earth's surface for energy production. The average American uses 250 kwatt hours per person per day from all existing energy sources. One would have to cover 425,000 sq. kilometers of the US and Mexico to produce only 50 kwatt hours. This would require half of Texas to be covered by Wind Turbines.
| The Roman Empire went from living on the equivalent of yearly interest to consuming its capital resources: negative interest rates. The ultimate collapse was inevitable. The model of robbing Peter to pay Paul leads, in the end, to fiscal weakness and collapse. |
An area of 350,000 sq. kilometers covered with solar panels could provide the requested 250 kwatt on condition the sun would shine 24 hours a day. Which NEVER happens and the power can be transmitted to less sunny places. But this would require engineers to built and maintain 211,000 solar plants of 1.6 sq. kilometers (like cleaning the dust off the collectors). At the same time, traditional electricity plants would be requested to generate electricity at night. Last but not least, we still haven't discussed the problem of manufacturing these huge quantities of Slar Panels and mining the requested commodities.
Footprint of a Solar Plant...this Solar plant (below) has the size of an average village!?
Renewable energy is like hybrid automobiles. Just as a car needs two engines, Wind and Solar plants need to be backed up by traditional power plants. The 900 lbs battery pack of the Tesla car delivers 190 megajoules. A traditional car with a 10 gallon (40 liters) tank delivers 1,200 megajoules (6 times as much). One needs a solar plant of 625 sq. kilometers (Patzek) to generate the same amount.
| Only Uranium (Nuke Power) has a BETTER and lower EROEI |
To produce 1000 megawatts from renewables, requires between 100 and 1000 times more land, wity concomitant collateral damage (Tainter).
note: The energy return on investment (EROEI) is a key determinant of the price of energy, as sources of energy that can be tapped relatively cheaply will allow the price to remain low. The ratio decreases when energy becomes scarcer and more difficult to extract or produce.
Important Fundamentals: more in the subscriber's section
Important Technicals:
- Barrick (ABX) needs to break out of its trading channel to confirm the new bull run for $-Gold...more in the subscriber's section
- When everybody is bullish, everybody is invested and they are NO buyers left...When everybody starts to sell, prices drop: more in the subscriber's section
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.
Friday May 1st, 2015 - What happens when John Galt goes on strike?
Updated sections:
Ayn Rand and the Prophecy of Atlas Shrugged 2011. What if entrepreneurs went on strike, closed their factories, their stores, their bakeries...What would happen to the IRS, the Government? the Senators, Political parties...?
Where is John Galt? What would happen when those who generate prosperity and well being, when the entrepreneurs decided to quit?!
Immigration to Europe by North-Africans is without any doubt the result of a failing European and American foreign policy. Who forgot that it was the EU (the French) and Americans who decided to bomb Libya and liquidate Gadaffi?
Copyright 2015, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.