October 23, 2016
Re: - World Economic Conference Attendance & My Notes – The Winds of War
- Day Trading this Week - Points to Ponder and My Take on them
The World Economic Conference and My Notes
I will be attending the WEC on November 10 to 13, 2016 in Orlando, Florida and specifically the ‘Analytical Session’ where Martin Armstrong (MA) and his Team will teach us how to interpret and analyze the Socrates (SOC) forecasts and signals from Trader Level 2.0. MA has said that he will probably unveil the Trader Level 2.0 at the conference.
Whereas; I am profitably Day Trading already on the Beta Test Trader Level 1.0 for myself and those investors who have given me Trading Authority in their Day Trade accounts, attending the ‘Analytical Session’ my time at the WEC will be well spent.
I will be making copious Notes at the Conference. My estimated cost to attend the WEC is US$10,000 and all of that cost has already been underwritten by investors who are interested I receiving my experiences and Notes from the WEC and have each paid me US$1,000.
Last year at the WEC 2015 in Princeton New Jersey I was given heads-up on a couple of trades which I immediately implemented and as a result I made a pot full of money during the Conference as well as the week thereafter. A matter of fact, I covered my total cost of the Conference many, many times over.
I believe my WEC Notes will be very valuable because, 1) On Tuesday November 8 the Day before the WEC we have the US Presidential election; and 2) The week of November 14 after the WEC there is a primary target in the Dow.
The Winds of War & Bureaucrats
The last Paragraph in MA’s Blog Dated October 18, 2016 states what to me is now obvious and very, very scary. We certainly don’t know how events will unfold but, the actions of the White House and Washington is moving us rapidly towards disaster.
In Canada we are too close for comfort to the USA therefore, all I can say is: Please, please don’t encourage those out of control idiots in Washington.
Day Trading this Week
For tomorrow and this coming week the SOC forecast are iffy for Gold, Silver, the Dow and S&P therefore, we and the investors for whom we Day Trade are not planning to enter any Futures trades at the moment. It will depend on the SOC forecasts signals later in the week if we will or not enter trades.
Points to Ponder & My Take on Them
1) MA in answer to this question on November 19: “Marty, can you say what the actual capital flow number was per month?
MA’s answer: The net foreign private inflows were $113.0 billion, and net foreign official outflows were $39.3 billion for August on securities. That is cash, minus trade. So this is the amount of money running into money instruments.
Facts are facts!
2) MA October 19, 2016:
“The Winds of War are Blowing. Capital flows are intensifying. This is why oil is up, gold is up, euro down, US share markets up. Things are shifting quietly. Norway reports that Russian ships are on their way to Syria. Obama may get his wish all before the election in hopes of boosting Hillary.”
Putin is preparing for War to defend Russia but, - - - Obama and the Elite on Capitol Hill who want to maintain power and remain in control of the US population. These criminals now need a War to divert the US public eyes and ears away from the HUGE domestic problems (Trillions in Deficits, Unfunded Pension and Domestic uprising against authority led by the young who - - demand change).
3) MA October 21, 2016: “This is really becoming a very strange election. I still believe that the vote will be rigged, for there is far too much at stake in Washington to allow any outsider to interfere with their gravy train.”
“There is no hope left for a fair or honest election process. This will be the most outrageous election in American history, and it will illustrate what our computer has been warning — 2015.75 was the peak in government and it is all downhill from here The models are still pointing to a surge in a turn out and the Trump “should win” that does not change. However, I personally remain skeptical and keep in mind that the computer projected Gore should have beat Bush. Only after the fact when the count was finally really verified, Gore did win, but the courts handed it to Bush. So a Hillary victory “appears” more likely, but the computer is merely doing the very same thing again and suggesting that 3 out of four models project a Republican victory. Hillary has a 25% chance to win legitimately. That remains to be seen.
As I have said before, a Hillary victory would be far more devastating because it will tend to push the global economy over the edge. ONLY the Us economy is holding up the entire world which is why the IMF and others plead with the Fed not to raise rates and it should be more considered with international policy objectives surrendering domestic policy to save the world. With Hillary raising taxes on small business, she will increase the cost of labor and that will have the net effect of increasing unemployment in addition to the next wave of taxes coming from Obamacare January 1st, 2017.”
So sad, So sad - - - this will reverberate into our Canada economy with a vengeance and affect the entire world of commerce!
4) MA June 20, 2013: “Key support lies at 1270 followed critical support at 1236-1233. A weekly closing beneath that level opens the door to a test of the 939.50 level. Now look at gold for the high of 1980. You see a unified major high. While the gold promoters kept yelling it would rally and make new highs, it fell for 19 years into a final low of $251.50 in August 1999.”
Of all the e-mails and phone calls the question that I am asked most often is: “As Martin Armstrong (MA) states often, Socrates (SOC) still forecasts a Waterfall event in Gold below $1,000 before the end of the 1st Quarter in 2017. You often mention the number $939.50 in Gold. Why is that?
To explain further: In 1985 at a Michael Campbell conference I attended here in Vancouver, MA stated: “If gold break below $256.50 and then goes above $256.50 again I will catch [buy] all the gold I can with a baseball glove”
5) Friday October 21, 2016 - An interesting article by Adam Hamilton: Investors buying and selling shares in the flagship GLD - SPDR Gold Shares gold ETF
Instead of buying Physical Gold, I buy the GLD gives me more leverage to the price of.
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