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Update: Gold Ready to Rocket? Yen and Cable Say Yes

Update: Gold Ready to Rocket? Yen and Cable Say Yes

The Trend Retains the Name

Intro by Vince Lanci  and Bon Scott for Soren K. Group

The pattern continues in Gold, with last week's move reaffirming the wave count Enda is using below. Friday's rally puts the market right above the high on the 30 minute chart established in the previous "5". The next  "1" would be completed if gold pierced the $1271.21 level. After that, any retracement that holds $1259.78 further confirms a wave  seeking final extensions to the $1550 area. A drop below $1247 at this point puts into  question the pattern, but does not negate it. 

Without FANG Stocks, the Market Has Gone Nowhere For Three Months

Without FANG Stocks, the Market Has Gone Nowhere For Three Months

For weeks I’ve been noting that stocks are being driven by a market rig.

By way of review, that rig is as follows:

1)   Someone slams the VIX lower.

2)   This forces risk-parity funds to buy stocks, usually the FANGs or large-cap Tech names (Facebook, Apple, Netflix, Google).

3)   FANGs rally, which due to the weighting in the S&P 500, forces the overall market higher.

The last point is key.

The Inconvenient Truth Behind The Net Neutrality Movement

Via Disobedient Media

The control of private information on the internet has been a contentious for as long as the people have been online. It has long been the consensus that maintaining internet freedoms is essential for free expression, the exchange of ideas and the ability for proponents of democracy and human rights activists to mobilize and advocate for political, social, and economic reform. Currently, the debate about internet freedom is centered around the concept of net neutrality.

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