Aug. 3rd, 2018(S13-E655)Featured GuestsPeter Eliades &Arch CrawfordPlease Listen Here Show HighlightsArch Crawford, head of Crawford Perspectives for 41 consecutive years, outlines his technical perspective on the global financial markets. Regarding the gold market, our guest views $1,200 gold as solid support, which must hold if the bull trend is return with gusto. Arch Crawford maintains that every investment portfolio should include a gold / silver safety net to guard against lost purchasing power and financial crises. While the long-term uptrend remains intact in the US equities market, Arch is using near-term weakness as an opportunity to double up on his short position. This "might be the top" of the market, according constellation analysis, a "disaster" of epic proportions could befall the financial markets.Money flows continue to pour into US equities due in large part to recent Fed rate hikes, which make dollar denominated assets and higher rates competitive. Early in 2017, Goldseek.com Radio and The Alpha Stocks Newsletter alerted patrons to the Bitcoin rally at around $900, holding firm until around $10,000.Arch Crawford's newsletter noted the precise $20,000 Bitcoin peak in December.He's watching for buying opportunities during pullbacks. Given that many analysts view Bitcoin as moving 5x's the typical market.Once the bottom is firmly in place, the typically positive fall season could encourage bulls to push the BTC price above $10,000. The Redding California blaze, tragically accounted for hundreds of lost homes, many lost lives and 40,000 evacuations. The host contacted California authorities, suggesting that mandatory regulations include metal / concrete roof tiles to curb fire tragedies. More than half of the hundreds of homes lost could be averted as the fire typically spreads from roof to roof. By simply changing from highly flammable tar roofing to the suggested materials, insurance companies could offer rebates for safer tiling.State / federal policies could be enacted to insure that every home receives the needed upgrade regardless of income level. Much of future infernos could be avoided by slowing the advance of the blaze and gaining precious minutes for firefighters and aerial support ample time. The host proposes another unique firefighting concept - local / state authorities could purchase heavy duty, yet lightweight, fire resistant mylar sheeting.Sheet rolls could be distributed to every house in each neighborhood. Authorities could issue a siren alert advisory that would instruct / train neighbors to collaborate by unrolling the sheets over each house, thereby averting much of the destruction, particularly in areas most remote from firestations, low water flow areas and high risk hotspots. Peter Eliades of Stockmarket Cycles, returns with technical insights on the financial markets. His cycles work agrees with that of Arch Crawford, a significant stock market peak may be in place. Rydex Bearish Funds indicate investors are the least bearish in twenty years, suggesting the herd is extremely ebullient, flashing an overbought signal. Our guest notes it may be prudent for more active investors to consider placing protective sell stops below profitable equities positions. The price declines could exceed the expectations of all but the most ardent bear. The FOMC met today to determine the benchmark overnight lending rate – current FFF indicate 90% probability of a hike at the meeting slated for Sept. The Dec. meeting shows strong prob. 63% of a second quarter point rate hike. Domestic exports rose 9.3 percent, driven in part by increased soybean shipments due to the new trade policies. One media source noted a soybean farmer in Pleasantville, Iowa where the soybean exports increased more than 50 percent in May from a year earlier as trade tensions led foreign buyers to stock up on American products.Please Listen Here Dial-Up Real AudioMP3Mp3 FAST DownloadMp3 High Quality DownloadRight click above &
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