Archive for the ‘Money’ Category
January 5th, 2017 by Vigilo
You must be paying attention to the history currently unfolding in crypto-currencies. In only 2 weeks, the total market capitalization of all crypto-currencies has jumped 50%!!
Many have heard of Bitcoin, but are unaware of the hundreds of other digital currencies like it. These currencies are traded on exchanges just like currencies of the world’s various central banks. As there is the dollar, euro, yuan, ruble, pound, etc. There is also Bitcoin, Ethereum, Monero, Litecoin, Ripple, GlobalBoost, etc. However, these digital currencies are more like a commodity in the sense that there is a finite amount available, scarcity. Career politicians just can’t go and create more of them by the push of a button, but they are mined by various ‘computers’ through an algorithmic blockchain….and there is a set amount to be mined.
Market Capitalization of Crypto-Currencies
In this case, Market Capitalization can be understood as the total value, or total amount of dollars making up the shares of the crypto-currencies.
On December 4, 2013, there was $15.7 billion in Bitcoin and the other altcoins. On June 17, 2016, that high was tested and peaked at $14.9 billion before pulling back. Again, on December 22, 2016, the resistance was tested at $15.6 billion, and once broken, the market capitalization skyrocketed nearly 50% in just 2 weeks. As of January 5, 2017, there is $21.7 billion in crypto-currencies.
This is truly an amazing event unfolding before our eyes. Think of any stock or any other central bank currency….to grow 50% in 2 weeks, after living below an all-time resistance, is remarkable.
It was only a week ago when we published Bitcoin and Gold in 2017 | $10,000 Bitcoin is Coming. At the time, the price of Bitcoin was $959. As of this writing, it is now $1,164. That is a 21% rise in only 1 week! (also, in that article, an immediate $78 move higher in gold was referenced, and gold has risen $34 since.)
If you have not already, it is time to get at least some Bitcoin. Of course, we can’t know when the next regulation will come, trying to stifle the rise of Bitcoin. That $7 billion dollars added to crypto-currency market cap in the last 2 weeks can evaporate as quickly as it came, testing the old resistance as new support. Or, this move higher could still be in it’s beginning stages. In 2013, the price of Bitcoin rose 450% in only 1 month. If a similar move in unfolding, it’s not yet finished. Keeping an eye on the action from China will help this time around.
Take a minute to review the $10,000 Bitcoin is Coming article, and here are a few useful tools from it:
Bitcoin Exchanges – BTCe Bter
Crytpo Currency Market Capitalizations
Bitcoin real time flow
National Inflation Association
In God’s Will
December 28th, 2016 by Vigilo
In 2016, Bitcoin and gold have seen massive rallies. Gold stumbled hard in the last quarter of the year, but Bitcoin surged even higher, back up to it’s record levels from 3 years ago. The current price of Bitcoin is $959 …… but just how far away is $10,000?
Looking at the history of price swings in Bitcoin, $10,000 is not that far away, but in truth, neither is $200! Bitcoin by it’s very nature has huge swings in part because the general public still has not grasped the world changing reality of digital currency and the blockchain. It is still considered highly ‘speculative’.
I’m not going to get into all of the politics of decentralized money, nor the safety of deposits on hand in any one bank, nor the general pros and cons of Bitcoin. Simply, I want to illustrate why $10,000 Bitcoin is coming.
Let’s start with the market capitalization of Bitcoin. Market capitalization is the total value of something. In the case of Bitcoin, the market cap is currently at a record $15.4 billion dollars.
This is calculated by taking the current total number of Bitcoins in existence 16,068,750 and multiplying it by the current price of $959. (note: Bitcoins will cease to be mined at 21 million, here you can track the market capitalization of all crypto currencies)
As Bitcoin is globally traded, $15.4 billion dollars is not much at all. Consider that Apple (NASDAQ: AAPL) alone has a market cap of $625 billion dollars…and consider that there is over $60 trillion in equities in general!
$10,000 Bitcoin would equal a market cap of a mere $161 billion dollars. That is about the size of Pepsi (NYSE: PEP) or Cisco Systems (NASDAQ: CSCO).
In time, if Bitcoin were to reach the level of capitalization as Apple is currently, Bitcoin would be valued at $39,000.
We are talking about a relatively new (about 10 years old), but definitely up-and-coming global currency, in a world with a $120 trillion dollar GDP!
You see, it’s nothing at all to get Bitcoin to $10,000. It’s all a matter of sentiment, and right now the sentiment out of China is quite notable.
Bitcoin rises in China
Bitcoin’s latest push higher can be attributed to Chinese trading, as they have their own stock market concerns and yuan devaluations looming. China is a country of over 1.3 billion people, and their (PPP) GDP of over $20 trillion is the world’s largest!
Well, you can see Chinese Bitcoin inflows REAL TIME.
Truthfully, I don’t know if we will see the price at $500 again before we see $10,000. But I don’t really think it matters, unless you are a crypto currency day trader.
As Bitcoin popularity grows, euphoria takes hold, prices skyrocket, then governments will attempt to regulate Bitcoin use, people will panic, the price will fall, then people eventually start using it again, then it’s popularity grows, euphoria takes over, and on goes the cycle….albeit with a new floor and support.
Adding Bitcoin to your cash and tangible assets is not a bad move considering it’s potential. Crypto currencies and the blockchain are the future. $10,000 Bitcoin is not that far away.
While most of 2016 was bullish for gold, the price got smacked down pretty hard in the last quarter. But as it sits now, gold is oversold to the downside, and extremely undervalued.
Though the threat of deflation should always be minded, for this particular post, the short-term move for gold will be addressed.
Currently, Daily Sentiment Index for gold is at historical lows. Elliot wave cycles are at or near completion, and gold is poised for a rally. Further, the National Inflation Association has released their latest memo saying gold is “….due for an explosive short-term rally of $78 per oz!” See NIA lay out their algorithms why gold will rally in the short-term.
Heading into 2017, the Trump Rally may be nearing it’s end, and the global realities are coming back into focus.
Consider taking advantage of, or at least studying, the current opportunities in Bitcoin and Gold… may you prosper as $10,000 Bitcoin becomes one of those global realities.
In God’s will
November 8th, 2016 by Vigilo
Acknowledging first that Christ is the King of all nations, we need Donald J. Trump to win the presidency of the United States of America. I believe the survival of the country rests on this election.
While I do not agree with everything Trump espouses, I agree with a large majority of it. On the contrary, Hillary Clinton seems to be for everything I am against.
I understand that Donald Trump has done immoral things in the past, and said things that were not Godly. But you know, over the last two elections, I’ve held my nose voting for the lesser of two evils. I can say, this election, I am proud to cast my vote for Donald J. Trump. There are so many reasons that it’s hard to know where to start, Here are some reasons why….
Principle of Subsidiarity
As a traditional catholic, I subscribe to the the principle of subsidiarity, which means that the higher government entity can not, and has no right to take over duties which can be adequately performed by local governments, or by private enterprises. Our way of life has been sovietized by a paternalistic, overreaching, bureaucracy emanating from Washington D.C. While Donald Trump has advocated for quite a few big government programs (infrastructure, immigration, military spending, etc), Hillary Clinton advocates for that which intrudes into our very home (mandatory vaccines, mandatory health insurance, etc). This can go on and on, but I’ll just say the choice is obvious, Donald J. Trump.
Rights of Private Property
It is destructive to take from the rich and give to the poor. This is stealing. Private ownership of property must be respected. Further, this forced distribution of wealth destroys the incentive of the individual. The poor realize that everything will be given to them without effort, so their initiative is destroyed. The rich realize they no longer have rights over their private property, and their desire to continue is hampered.
It is clear that Donald Trump proposes tax cuts across the board and even into capital gains and dividends, thereby giving the individual the ability to spend his wealth as he chooses. Hillary Clinton wants even more taxes, and advocates paying for things like peoples student loan debt as an example of distribution on wealth. Plus, bureaucrats do not spend other peoples money efficiently.
Establishment vs Anti-establishment
Donald Trump used to be allies of the ‘establishment,’ but he switched sides and is the outsider in the presidential race. Hillary Clinton has been around government for decades. Her finger prints are on many crimes which have damaged our country, and she is in the pocket of the globalists who control the world. A vote for Trump is a vote against the George Soros types who live like leeches, sucking blood from nations.
Washington needs an upheaval. Too many become career politicians for the purpose of getting rich while/because they ‘serve’ in the government.
Another part of the power structure is big media. While the mainstream media has long been a propaganda arm, and arguably a terrorist organization, we have seen proof of such from the Wikileaks releases. Through hacked e-mails, Wikileaks proves that the Hillary Clinton ilk have been working in collusion with media outlets. We have proof of debate questions being leaked to Hillary, CNN asking the DNC what questions to ask, a CNBC correspondent acting like a Clinton lapdog, and much more.
Donald Trump calls out the dishonest, corrupt, lying media for what they are. The bias in the media is finally being called out by someone who can, giving us all somewhat of a voice.
While Donald Trump supported legalized abortion in his past, he is now clearly pro-life. He even described the evil practice of partial birth abortion in the final debate, and vowed to nominate pro-life minded individuals to the Supreme Court.
Hillary Clinton supports the evil of abortion at any and every stage of the pregnancy.
Donald Trump has a plan to repeal and replace Obamacare. By scrapping and just opening a marketplace across state lines, we can have a better health insurance system than Obamacare. Speaking personally, my health insurance more than doubled with the onset of Obamacare, so I was one of those who LOST coverage from Obamacare. I have since joined a health share ministry.
Hillary Clinton wants to expand Obamacare. She ultimately wants a single-payer system which runs directly against the principle of subsidiarity. Government has no right to tell us what what insurance we must or must not have, and what immoral procedures we must pay for.
A nation is defined by it’s borders. If that border is loosely defined and porous, then the nation erodes.
As Donald Trump says, problems, crime, rapists, and probably some good people flow across the border. Trump proposes to build a wall on the Mexican border, halting the flow. Also, he vowed to deport every criminal person here illegally.
Hillary supports a path to citizenship of people here illegally. This is unfair to the people who wait in line for years to enter the US legally. It also would act as a stealth takeover of the country, as people who don’t necessarily adhere to the nation’s constitution, are absorbed into it, thereby changing the demographics immediately. It would be the End of America as you know it, especially since many illegal immigrants come from places even more socialistic than the US is now.
It can be shown that the Syrian refugee crisis originates to the failed foreign policy of the Obama Administration of which Hillary Clinton was a part. Refugees have streamed into Europe, resulting in major problems with terrorism and non assimilation. Hillary Clinton supports a 550% increase in the resettling of Syrian refugees in the US, even though they can not be totally properly vetted.
Donald Trump wants to end the resettling of Syrian refugees into the United States. Further, he wants to halt all immigration from countries in which there is a proven history of terrorism against the US.
There may be up to 4 new justices to the Supreme Court under the next president. When you have the Obamacare mandate decided by one vote, and the Heller (gun rights) case decided by one vote……the make-up of the court could fundamentally change the country.
Donald Trump believes the Constitution should be interpreted as the Founding Fathers wrote it. Hillary Clinton believes the Constitution is a living document which can be twisted and changed with the times.
Black Lives Matter
I believe that All Lives Matter, and don’t differentiate based on someone’s race. Black Lives Matter is of itself racist, by it’s very nature and intent. Donald Trump is the Law and Order candidate. If a police officer acts beyond the letter of the law, then he should surely see justice. But when police are reluctant to enforce the law, for fear of being portrayed as racist, then society breaks down.
Hillary Clinton supports Black Lives Matter. Hillary Clinton and Barack Obama have even espoused rhetoric that has escalated tensions on a premise that was made up to begin with.
Donald Trump supports the Second Amendment in it’s strongest form.
Hillary Clinton is hostile towards the Second Amendment, and publicly disagreed with the Heller Supreme Court decision. There would be a constant assault on the Second Amendment and it’s true intent if she were president. Further, WikiLeaks revealed that Clinton plans to use executive action to circumvent Congress to push gun control.
Where to begin….Bernie Sanders sabatoge…Mainstream media collusion…Spirit Cooking….disdain for Catholics…Wikileaks has unleashed a barrage of e-mails hacked from the DNC and John Podesta. Knock yourself out at WIKILEAKS.
Secretary of State Tenure
While Trump has no experience in government, Hillary Clinton has an abysmal performance as the Secretary of State.
- Botched Russian reset
- Influence on the destabilization in Egypt
- Position on the Arab Spring
- Association with the Internation Crisis Group and Council of Foreign Relations
- There for misguided withdrawal of troops from Iraq
- Involvment in murder of Muammar Gaddafi by supporting ‘rebels’
- Lies and mishandling of attack in Benghazi
- Flourishing of ISIS
- Clinton Foundation pay-to-play
- Shady Uranium deal, linked to $2.35 million in Clinton Foundation donations
- Use of Private E-mail Server for Classified documents
- Carelessness with Classified information
- $6 billion misplaced
Her tenure as Secretary of State may be under investigation for years to come.
Private Server Use For State Dept. E-mails
“FBI Director James Comey identified 110 emails as containing information that was classified at the time it was sent, including 65 emails deemed “Secret” and 22 deemed “Top Secret”. None of these had classification markings…..An additional three email chains contained “portion markings”, simply a “(C)” indicating “Confidential” in front of one or more paragraphs. These were not included in Comey’s list of 110 because the State Department failed to confirm they were classified at the time they were sent. Clinton told the FBI she did not know the meaning of “(C)”. Nearly 2,100 emails on the server were retroactively marked as classified by the State Department.”
“In May 2016, the State Department’s Office of the Inspector General released an 83-page report about the State Department’s email practices, including Clinton’s. On July 5, 2016, Comey announced that the FBI’s investigation had concluded that Clinton was “extremely careless” in handling her email system but recommended that no charges be filed against her.”
Hillary Clinton broke the law, and yet Hillary Clinton seems to be above the law. This is one reason why Donald Trump alleges that the system is ‘rigged.’
There have been questions surrounding the Trump Foundation, but the Clinton Foundation is still under investigation by the FBI. Again, the Wikileaks releases have shown many instances where a ‘pay-to-play’ environment was employed through the Clinton Foundation. Large donors, even foreign, were able to gain access to the government and State Department through Clinton Foundation connections. This also leads to a possible blackmail situation under a Clinton presidency.
War with Russia
Donald Trump and Vladimir Putin have shown a mutual respect of each other.
Hillary Clinton has shown an unhinged disrespect towards Russia, even likening Putin to Adolf Hitler. She is also a puppet of George Soros who has been involved in the destabilizing of Ukraine, on Russia’s doorstep. She has accused Russia of being behind Wikileaks, armed with only speculation. She has proposed enforcing a no-fly zone over Syria, and her presidency could very well ignite War with Russia.
The next four years is likely going to be tumultuous regardless who wins. The stock market and the social mood are in a topping pattern, and decades of a cycle is coming to an end. Some even label it a fourth turning. If it all goes down, who do you want there to start the rebuilding process? What should the Supreme Court look like? Should we still be a nation which kills its babies at any stage of pregnancy? Will there be a pro growth environment when the system resets? Will global or civil unrest be instigated? Do we want a president under constant criminal investigation? Will we be a nation that respects God, or one that tries to omit Him? All these questions and more we must consider.
Donald Trump is not perfect, but he is the best hope the United States of America has had in a very long time. Unfortunately, he may now be the last hope for America by the grace of God. I’m not sure what definition we should use for ‘great’, or when exactly America lived up to that ideal….however, I must say, let’s Make America Great Again and Vote for Mike Pence and Donald J. Trump for President of the United States of America.
October 3rd, 2016 by Vigilo
It’s obvious that Deutsche Bank has been in a bearish trend. Technically and fundamentally speaking, there is not much reason to believe this trend will end anytime soon. It could even be, that traders will continue to beat up on the price of DB stock, until politicians are ‘forced’ to intervene. Whether that is in the form of a bail-in, a bail-out, or some other Ivy League economic theory….the systemic risk posed, especially from Deutsche Bank Derivatives, can not be ignored.
As of this writing, Deutsche Bank stock shot up over 15% on the previous trading day. It now sits at $13.23. While some see this as a ‘disaster averted’ type of move, it could just be a dead cat bounce. The bear trend is still intact, Deutsche Bank derivatives nor any other issue concerning the bank have been resolved. We view this 15% move higher for Deutsche Bank to be a better chance for profiting off of a medium-long term short trade.
As we see how the saga unfolds, let’s give a few of the bank’s problems, and will cover a few trade ideas for Deutsche Bank and Citigroup.
August 17th, 2016 by Vigilo
The Deep State. It can be described as “the state within the state.” Those who are politically literate can see it well in the United States kleptocracy. It’s the shadow government that runs behind the scenes.
The revolving door between government and mega corporations could be mentioned. There have been hundreds of cases where federal workers in the Obama administration get jobs within Google, and vice versa. We see Monsanto trade players with the very people who ‘enforce’ laws upon it.
The pay to play scheme’s could be mentioned as well. Recently, links have been shown between the Clinton Foundation and the United States Department of State.
While it ensures that the things previously mentioned are maintained, the Deep State is bigger and deeper than that, and it isn’t even confined to any one nations borders. However, as the Deep State feeds off of the very class of people it strangles…..it does so at the risk of overreaching. This brings us to Charles Hugh Smith’s “The Deep State’s Catch-22.”
What is the Deep State’s Future? Is it’s grip entrenched forever, or will it collapse along with the system it leeched?
The Deep State’s Catch-22 written by Charles Hugh Smith
What happens if the Deep State pursues the usual pathological path of increasing repression? The system it feeds on decays and collapses.
The Deep State in virtually every major nation-state is facing a form of Catch-22: the Deep State needs the nation-state to feed on and support its power, and the nation-state requires stability above all else to survive the vagaries of history.Catch-22 (from the 1961 novel set in World War II Catch-22) has several shades of meaning (bureaucratic absurdity, for example), but at heart it is a self-referential paradox: you must be insane to be excused from flying your mission, but requesting to be excused by reason of insanity proves you’re sane.
May 3rd, 2016 by Vigilo
If you have been paying attention for the last several decades, the United States of America has been hollowed out. Morally, financially, spiritually….in just about every way. The crescendo of this hollowing may reach it’s breaking point leading up to the Presidential Election of 2016.
What do you think?
At this point, nothing would surprise me. Having personally attended a ‘Trump rally,’ I have seen a first hand preview of what the communist mobs will bring. They flash their private parts, block roads, damage other’s private property, and have no regard for people who don’t hold their demented views.
These mobs could very well be unleashed on America. Will we see riots? NDAA powers enacted? Martial Law? Civil War? Suspension of elections? An Obama extended term? ….. Only God knows.
We could do well do defend ourselves. Stock up on some food, ammo, silver, gold, cash, and other essentials. Read the article of Michael Savage’s comments below. But most of all, put your trust in God and follow His statutes.
If Donald Trump wins the Republican nomination and defeats likely Democratic nominee Hillary Clinton in November, President Obama will sabotage the economy in his final months in office, predicts talk-radio host Michael Savage.“If Trump wins – and I think he will – there will be an economic crash,” Savage told listeners of his nationally syndicated show, “The Savage Nation,” Monday.
“The reason I say that is not because of his policies, but because of what Obama will do on the way out the door.”
Savage said that if anyone thinks that a President Trump will be able to easily “turn this huge ship around, you don’t know much about navigation in turbulent waters.”
“Wait until you see what happens in the last few months if Trump wins,” Savage said.
“Wait until you see what that nice guy in the White House does.”
After the show, Savage elaborated to WND in an email on what he thinks the lame-duck period between the election and the inauguration might look like if Trump wins.
“(Federal Reserve Chairman Janet) Yellen ups interest rates, Obama and his band of unmerry pranksters – Sharpton and company –unleash the mobs,” Savage said. “(George) Soros makes a last-ditch effort to distract Trump and the new Justice Department from currency manipulation and other financial games he may have been playing. Spends tens of millions on social agitation.
“Obama floods the U.S. with Central Americans, Syrians and Africans, mainly Muslim, mainly young males, and grants pardons to 10,000 more Central American drug dealers,” Savage continued.
“Let’s see what else might these decent Americans do? Release a few more billion pork barrel ‘green’ projects? You can guess!”
‘Fidel in a dress’
Prior to his remarks about Obama’s final days in office, Savage told his listeners he believed Trump would defeat Clinton in a landslide, describing the former secretary of state, senator and first lady as “Fidel Castro in a dress.”
Savage cited the new Rasmussen poll of likely voters showing Trump with a 41-39 lead over Clinton nationally.
“And this is only an early poll,” Savage noted on his show Monday. “I said a long time ago that when it comes down to Trump vs. Clinton, he would win by a landslide, 60-40, 59-41, something like that.
“No matter how many illegal aliens Obama tried to flood into this country, Trump will win by a landslide,” he said.
In February, Savage warned that the banking deregulation under the Bill Clinton administration that led to the 2008 recession appears to be on the verge of impacting the economy again.
“We’re being set up for an economic meltdown similar to the one that triggered the Great Depression,” he said.
This time, however, Savage continued, “it’s going to occur on a global scale, and it’s unlikely that we’ll be able to recover within even the next several decades, once it happens.”
In the 2016 presidential election, he said, the subtext for most Democratic votes is a distrust of big business and banks.
“And they think that their savior is Bernie the Commie,” Savage said.
But Sanders is and always has been a politician, Savage said.
“If you have faith in him, you’re a fool. If you actually have faith that he’s going to do something different than the others, you’re crazy,” he said.
“You’ll get more of the same. You’ll get the same nonsense.”
“He’ll do nothing to the banks, because they control the presidency.