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The Approaching Inevitable Market Reversal

Chris Martenson - July 2, 2014 - 05:06

Though we’re constantly reassured by financial pundits and the Federal Reserve that the stock market is not a bubble and that valuations are fair, there is substantial evidence that suggests the contrary.

The market is dangerously stretched in terms of valuation and sentiment, and it does not accurately reflect fundamentals such as earnings and sales growth.

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Categories: Economics

How to Control Squash Vine Borer

Chris Martenson - July 1, 2014 - 17:29

Squash vine borers are terrible pests of the cucurbit family of plants that include squash, zucchini, pumpkins, melons, and cucumbers.

Squash Vine Borer Larvae

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Categories: Economics

Seed Grant Superstars: 200+ Projects Sprout in All Shapes & Places

Shareable Magazine - July 1, 2014 - 16:24

Because we know sharing projects are tough to get off the ground, we believe it’s so important to support these projects early on, especially in communities with fewer financial resources. By doing a successful sharing project together that addresses real needs with creativity, community and fun, a crucial step is realized in building a sharing city.

Categories: Economics

Iraq, Oil & The Coming Wealth Transfer

Chris Martenson - July 1, 2014 - 13:28

Yesterday, Chris was interviewed by Greg Hunter of USAWatchdog. Greg was a former investigative correspondent at ABC and CNN who now operates his own digital "news station". He invited Chris on to discuss the latest implications of ISIS' inroads deeper into Iraq, as well as the larger consequences the world faces if plunged into another -- potentially worse -- Great Recession:

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Categories: Economics

Iraq, Oil & The Coming Wealth Tranfer

Chris Martenson - July 1, 2014 - 13:28

Yesterday, Chris was interviewed by Greg Hunter of USAWatchdog. Greg was a former investigative correspondent at ABC and CNN who now operates his own digital "news station". He invited Chris on to discuss the latest implications of ISIS' inroads deeper into Iraq, as well as the larger consequences the world faces if plunged into another -- potentially worse -- Great Recession:

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Categories: Economics

Daily Digest 7/1 - Transcending Collapse, Las Vegas Is Running Dry

Chris Martenson - July 1, 2014 - 07:46
  • Things have never been more negative for the dollar: John Williams
  • A Grieving Father Pulls a Thread That Unravels BNP’s Illegal Deals
  • More Oil Means More Environmental Concerns, With Good Reason
  • An abandoned mall in Bangkok has been overtaken by fish
  • Transcending Collapse
  • The race to stop Las Vegas from running dry
  • Las Vegas Is "Screwed"; The Water Situation "Is As Bad As You Can Imagine"
  • Obama’s Chance to Save the Whales

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Categories: Economics

The Signals That Will Tell Us A Stock Market Reversal Is Imminent

Chris Martenson - July 1, 2014 - 07:38
Executive Summary
  • Understanding the importance of the 'Smith Market Uncertainty Principle'
  • Technical analysis techniques for identifying the arrival of a market reversal
    • Bollinger bands
    • volatility
    • moving averages
  • Using the above indicators to know when to sell

If you have not yet read The Approaching Inevitable Market Reversal, available free to all readers, please click here to read it first.

In Part 1, we reviewed the case for the Fed-enforced New Normal of “no more downturns” and the case for a trend reversal in the stock market.

In this Part 2, we consider signs that a trend reversal has taken hold.

The Mechanics of Manipulation

Let’s briefly review the mechanics of stock market manipulation.  It’s easiest to manipulate a low-volatility, low-volume market, as low volatility (i.e. complacency) lowers the risk premium in index options, and a low-volume market is influenced by the purchase of relatively modest blocks of index options.  As a result, the Fed or its proxies can prop up the markets with large purchases of index options that cost very little in comparison to the overall size of the market.  (Recall each option leverages 100 shares of the index or stock.)

The other way to manipulate the market is to intervene at the critical technical levels that money managers and trading computers are watching.  Every well-known technical system has been programmed into the trading bots, the majority of which appear to be trend-followers: if the market reverses at key technical levels (due to massive blocks of index options buying, for example), then the bots start buying the uptrend.

Since the vast majority of trading is now done by machines, this greatly simplifies the process of manipulation:  the manipulator need only defend key technical levels with mass purchases of leveraged index options and the trading bots will jump in and buy the uptick.

Experienced traders have seen this sort of activity countless times in the past five years. It has become predictable that...

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Categories: Economics

How To Make And Can Vegetable Broth

Chris Martenson - July 1, 2014 - 05:46

As a base for many soups, stews and other delicious recipes, vegi broth is a great item to stock in your deep pantry.  This tutorial lays out all the steps to making and canning your own stockpile of healthy broth.  Happy Canning!

http://arewecrazyorwhat.net/make-can-vegetable-broth/

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Categories: Economics

The Banker's Bank Warns of Dangerous Bubbles

Chris Martenson - June 30, 2014 - 15:31

Recently the Bank of International Settlements (BIS) quite bluntly stated that central banks had, once again, gone too far and blown gigantic bubbles. Of course, they used less direct language -- but you don't need a secret central bank decoder ring to know what they're really saying.

We'll get to that very interesting bit of reporting shortly. First, let's look at what they're talking about.

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Categories: Economics

5 US Cities Begin Building Cooperative Economies

Shareable Magazine - June 30, 2014 - 09:08

Top image: Jacksonville, Florida. Credit: Krazy Diamnd. Article cross-posted from Community-Wealth.org.

Categories: Economics

Daily Digest 6/30 - The Dirty Truth About Clean Energy, Epidemic Of Stress In China

Chris Martenson - June 30, 2014 - 07:47
  • Before Shooting in Iraq, a Warning on Blackwater
  • They're Dying at Their Desks in China as Epidemic of Stress Proves Fatal
  • Your Lifestyle Has Already Been Designed (The Real Reason For The Forty-Hour Workweek)
  • '70% of India Has Yet to Be Built'
  • New York Towns Can Ban Fracking, State’s Top Court Rules
  • Aeon of the Waterbearers
  • Boom Meets Bust in Texas: Atop Sea of Oil, Poverty Digs In
  • The Dirty Truth About Clean Energy

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Categories: Economics

Daily Digest 6/29 - Central Bankers Issue Strong Warning, Great Lakes Creep On Unsuspecting Shores

Chris Martenson - June 29, 2014 - 09:06
  • Dr. Paul Craig Roberts Interview
  • Central Bankers Issue Strong Warning on Asset Bubbles
  • Changing farming practices could cut the intensity of heat waves
  • Pushed To The Limit
  • Negative Nominal Interest Rates: Highway to a Cashless, Statist Hell
  • In Home Loans, Subprime Fades as a Dirty Word
  • Conservation 2.0: How Land Trusts Can Save America's Working Farms
  • Creeping up on unsuspecting shores: The Great Lakes

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Categories: Economics

Ecovillage economy tour: Sieben Linden

Matslats - June 29, 2014 - 05:08

Sieben Linden (Seven Linden trees) sits amongst forests, fields and sparsley populated villages in the plains of Northern Germany.

The land is owned by a cooperative in which all members buy a stake. There are a few large straw-bale houses which are designed for a family and several friends and guests, while half the members live in 'temporary' caravans waiting for the money and the people to come together for subsequent houses. Where would this money come from?

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Categories: Blogs

How to visit a village on the ecovillage economy tour.

Matslats - June 29, 2014 - 02:35

The ecovillage economy tour is an open experiment in data collection. The intention is to build a picture of the overall ecovillage economy so see what business or exchange opportunities might emerge.

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Categories: Blogs

What a modular complementary currency system might look like.

Matslats - June 28, 2014 - 09:18

We want to build a payments ecosystem so that community currency entrepreneurs can pick up appropriate components and make them work together quickly thus concentrating their resources on developing their Unique Sales Proposition. We want marketplace entrepreneurs and community currencies to be able to choose between Ripple, OpenMoney, and Cyclos for their transaction storage, and to know that these choices will not prevent them from intertrading. They need to be able to re-use existing mobile payments apps rather than write their own.

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Categories: Blogs

Axel Merk: The Fed's Next Move

Chris Martenson - June 28, 2014 - 09:10

"If you're not concerned, you're not paying attention" say Axel Merk, founder and Chief Investment Officer of Merk Funds.

Like many, he sees today's excessive high-price, low-volume, zero-volatility markets as an unnatural and dangerous result of misguided intervention by the Federal Reserve. But Axel has additional perspective than most, as the senior economic adviser to his family of funds is a former President of the Federal Reserve Bank of St Louis and a former FMOC member:

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Categories: Economics

Daily Digest 6/28 - Venezuela Blackout Leaves Commuters Scrambling, Edible Gardens Go To The Ballpark

Chris Martenson - June 28, 2014 - 06:56
  • Venezuela blackout leaves commuters scrambling, silences president
  • Here’s when housing will recover — for real
  • How to mine cryptocurrency and save the planet
  • Our Economic Growth Is a Mystery. Obamacare Is the Reason.
  • Here Are the 43,634 Properties in Detroit That Were on the Brink of Foreclosure This Year
  • Thinking Local
  • Edible Gardens Go to the Ballpark
  • Hot Zone

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Categories: Economics

Worker-Owned Co-ops Get $1 Million in NYC Spending

Photo by Premshree Pillai / Flickr.

New York City’s budget for the 2015 fiscal year includes a new item that supporters of a fairer economy will want to celebrate: $1.2 million set aside for the development of worker-owned cooperative businesses.

"Support shows that they understand cooperatives can be a viable tool for economic development that creates real opportunity."

The spending is a small fraction of the $75 billion budget, which the City Council approved on June 26. But, according to a statement by U.S. Federation of Worker Cooperatives, it's the largest investment in the sector ever made by a city government in the United States.

Cooperative businesses are both owned and operated by employees. They focus on maximizing value for all their members as well as creating fair and quality jobs.

“This is a great step forward for worker cooperatives,” Melissa Hoover, executive director of the U.S. Federation of Worker Cooperatives, said in a press release. According to Hoover the co-op funding received widespread support from city council members, which “shows that they understand cooperatives can be a viable tool for economic development that creates real opportunity."

Here’s how the city’s newly adopted budget describes the program:

Funding will support the creation of 234 jobs in worker cooperative businesses by coordinating education and training resources and by providing technical, legal and financial assistance. The initiative will fund a comprehensive citywide effort to reach 920 cooperative entrepreneurs, provide for the start-up of 28 new worker cooperative small businesses and assists another 20 existing cooperatives.

"A healthy local government’s budget is balanced, transparent, responsive, and inclusive," reads the opening statement of the 2015 Budget Summery. A healthy business runs quite the same way, and armed with this funding New York City worker-owned co-ops are set up to prove it.

Liz Pleasant wrote this article for YES! Magazine, a national, nonprofit media organization that fuses powerful ideas with practical actions. Liz is a graduate of the University of Washington's program in Anthropology, and an online editorial intern at YES! Follow her on Twitter @lizpleasant.

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Categories: Economics

Will Detroit's Water Be Privatized or Recognized as Commons?

Shareable Magazine - June 27, 2014 - 14:22

When it comes to a person’s fundamental needs being met - nothing is more basic and human, than to share.  Right now the people of Detroit are being attacked by an unelected regime that represents the interests of the banks and large corporations. Their latest campaign has been to turn residents’ water off.

Categories: Economics

Introducing The New (Full-Length) Crash Course

Chris Martenson - June 27, 2014 - 10:36

Last week we announced that we've spent the better part of the last year completely rebuilding the entire Crash Course video seminar.

Each chapter has been completely updated with recent data, better visualizations, and a more polished look and feel. We've also added several brand-new chapters on important new developments to the Three E story (i.e., quantitative easing, shale oil, environmental stressors) that weren't in the picture when the original series was created back in 2008.

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Categories: Economics