Waching daily Jun 30 2017

The Public Is "All In" Again June 30 (King World News) – From Jason Goepfert

at SentimenTrader: Rydex traders are all in again.

The traders who use the Rydex family of mutual funds are holding $14 in bullish index funds

for every $1 they have in the inverse funds, a near-record level of confidence.

They're also holding more than $10 in leveraged bullish funds for every $1 in leveraged index

funds, a highly optimistic positioning that led to declines.

They have the lowest amount in the money market since 2000, so there isn't much of a cushion

against a fall… … as of Wednesday, there was nearly $14

invested in the bullish index funds for every $1 invested in the inverse funds.

Over the past 20 years, that ratio has been exceeded only once before, on March 2, 2015.

In the year 2000, the ratio barely exceeded 12 several times from March through September.

Having been burned so badly by the ensuing decline, the traders never approached a similar

extreme until 2014-15.

King World News note: The bottom line is that there will be a lot of pain for investors

as a major decline in the stock market unfolds, and it will feed on itself as it plunges.

This piece is just one example of why Jason Goepfert is the best in the world at what

he does.

The chart and commentary above are from SentimenTrader.

  Fed Trying to Cripple Trump Economy-Danielle

DiMartino Booth Financial expert and former top Federal Reserve

insider Danielle DiMartino Booth says the latest Fed rate hike is nothing less than

an attempt to make life worse for President Trump.

DiMartino Booth explains, "They are trying to do the opposite of what they did a year

ago because the people who occupy the White House have changed.

That's the only feasible answer I can come up with to explain the Fed tightening into

a weakening economy.

Their own metrics don't lie.

Nonfarm payroll growth has slowed appreciably over the last 12 months, and their favorite

inflation metric is back below 2%.

These are the rules they have made up, not me.

They (the Fed) are making policies against their own rules, and there has to be a reason

for it."

DiMartino Booth wrote a popular book called "Fed Up" that reveals the Fed's manipulation

of the financial markets and says flat out, "The Federal Reserve is bad for America."

DiMartino Booth says massive manipulation is the only way you can explain rising federal

debt and stagnant or falling interest rates on the 10-year Treasury bond.

DiMartino Booth contends, "The only way you can fabricate the surreal balance between

growing debt and falling interest rates is to manipulate that.

. . . These are central bankers gone wild.

. . . In 2008 and 2009, the credit markets were closer to $200 trillion in size.

Today the credit markets are closer to $300 trillion in size, and we still can't say

what and where the next systemic risk lies."

On gold, DiMartino says, "I think gold is in the very late stage of a correction phase.

Once we get a sniff of true market reaction to any of these geopolitical events, I think

you could see gold take off like a boomerang or a hockey stick.

. . . If there is any slowing in the global economy, then the safe haven will not necessarily

be U.S. Treasuries.

The ultimate safe haven is gold."

DiMartino Booth says it's unlikely the Fed can fix the economy the next time it gets

into trouble.

DiMartino Booth says, "If you tack on slowing auto sales . . . we're talking about a third

of manufacturing jobs in this country . . . manufacturing is still big enough at the margin to lead

the economy down.

. . . When you aggregate the bloodletting in brick and mortar retail, what's coming

up in restaurants, what auto dealerships are looking to do with the land under their dealerships

. . . you add all this up together and there is a perfect storm in this country for commercial

real estate, that is highly overvalued, and throw in a black swan or two geopolitically

and you could have a confluence of factors that the Fed could not fight."

For more infomation >> This Is One Of The Most Terrifying Charts Of 2017 - Duration: 1:35.

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The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way - Duration: 6:31.

The borrower is the servant of the lender, and through the mechanism of government debt

virtually the entire planet has become the servants of the global money changers.

Politicians love to borrow money, but over time government debt slowly but surely impoverishes

a nation.

As the elite get governments around the globe in increasing amounts of debt, those governments

must raise taxes in order to keep servicing those debts.

In the end, it is all about taking money from us and transferring it into government pockets,

and then taking money from government pockets and transferring it into the hands of the

elite.

It is a game that has been going on for generations, and it is time for humanity to say that enough

is enough.

According to the Institute of International Finance, global debt has now reached a new

all-time record high of 217 trillion dollars…

Global debt levels have surged to a record $217 trillion in the first quarter of the

year.

This is 327 percent of the world's annual economic output (GDP), reports the Institute

of International Finance (IIF).

The surging debt was driven by emerging economies, which have increased borrowing by $3 trillion

to $56 trillion.

This amounts to 218 percent of their combined economic output, five percentage points greater

year on year.

Never before in human history has our world been so saturated with debt.

And what all of this debt does is that it funnels wealth to the very top of the global

wealth pyramid.

In other words, it makes global wealth inequality far worse because this system is designed

to make the rich even richer and the poor even poorer.

Every year the gap between the wealthy and the poor grows, and it has gotten to the point

that eight men have as much wealth as the poorest 3.6 billion people on this planet

combined…

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity,

according to a new report published by Oxfam today to mark the annual meeting of political

and business leaders in Davos.

This didn't happen by accident.

Sadly, most people don't even understand that this is literally what our system was

designed to do.

Today, more than 99 percent of the population of the planet lives in a country that has

a central bank.

And debt-based central banking is designed to get national governments trapped in endless

debt spirals from which they can never possibly escape.

For example, just consider the Federal Reserve.

During the four decades before the Federal Reserve was created, our country enjoyed the

best period of economic growth in U.S. history.

But since the Fed was established in 1913, the value of the U.S. dollar has fallen by

approximately 98 percent and the size of our national debt has gotten more than 5000 times

larger.

It isn't an accident that we are 20 trillion dollars in debt.

The truth is that the debt-based Federal Reserve is doing exactly what it was originally designed

to do.

And no matter what politicians will tell you, we will never have a permanent solution to

our debt problem until we get rid of the Federal Reserve.

In 2017, interest on the national debt will be nearly half a trillion dollars.

That means that close to 500 billion of our tax dollars will go out the door before our

government spends a single penny on the military, on roads, on health care or on anything else.

And we continue to pile up debt at a rate of more than 100 million dollars an hour.

According to the Congressional Budget Office, the federal government will add more than

a trillion dollars to the national debt once again in 2018…

Unless current laws are changed, federal individual income tax collections will increase by 9.5

percent in fiscal 2018, which begins on Oct. 1, according to data released today by the

Congressional Budget Office.

At the same time, however, the federal debt will increase by more than $1 trillion.

We shouldn't be doing this, but we just can't seem to stop.

Let me try to put this into perspective.

If you could somehow borrow a million dollars today and obligate your children to pay it

off for you, would you do it?

Maybe if you really hate your children you would, but most loving parents would never

do such a thing.

But that is precisely what we are doing on a national level.

Thomas Jefferson was strongly against government debt because he believed that it was a way

for one generation to steal from another generation.

And he actually wished that he could have added another amendment to the U.S. Constitution

which would have banned government borrowing…

"I wish it were possible to obtain a single amendment to our Constitution.

I would be willing to depend on that alone for the reduction of the administration of

our government to the genuine principles of its Constitution; I mean an additional article,

taking from the federal government the power of borrowing."

And the really big secret that none of us are supposed to know is that governments don't

actually have to borrow money.

But if we start saying that too loudly the people that are making trillions of dollars

from the current system are going to get very, very upset with us.

Today, we are living in the terminal phase of the biggest debt bubble in the history

of the planet.

Every debt bubble eventually ends tragically, and this one will too.

Bill Gross recently noted that "our highly levered financial system is like a truckload

of nitro glycerin on a bumpy road".

One wrong move and the whole thing could blow sky high.

When everything comes crashing down and a great crisis happens, we are going to have

a choice.

We could try to rebuild the fundamentally flawed old system, or we could scrap it and

start over with something much better.

My hope is that we will finally learn our lesson and discard the debt-based central

banking model for good.

The reason why I am writing about this so much ahead of time is so that people will

actually understand why the coming crisis is happening as it unfolds.

If we can get everyone to understand how we are being systematically robbed and cheated,

perhaps people will finally get mad enough to do something about it.

For more infomation >> The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way - Duration: 6:31.

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What is Digital Mail & How Digital Mailbox Services Work - Duration: 2:54.

Tim: In this video for pack and ship business centers, we are going to talk about the change

that's coming in the industry and the opportunity it provides.

Good morning Brandon, nice to see you.

Brandon: Nice to see you.

Tim: So, let's talk about pack and ship stores.

I know you have a lot of insight here.

Give me a sense of the environment right now, and some of the stuff that's coming up.

Brandon: Sure.

Well, our industry is been around for 40 years now and we have gone through multiple iterations

of the business model and we're constantly having to reinvented ourselves, so with the

advent of the Internet, and Uber, and Amazon and things like that, we are having to change

the model again.

Tim: So it really is an interesting time.

You have, seriously disruptive tech like Uber changing the taxi situation, Amazon changing

retail and of course it's not surprising that mail's changing.

What's it changing into?

Tell me, what's thing called digital mail all about?

Brandon: Yea, well, our industry was founded under private mailbox rental, so we are very

familiar with the space, but that's the old school, go to the mailbox, pick up your

mail.

But just like everything else has moved to a digital format, mail is going in that direction

as well.

Tim: This makes sense for me because, listen, I am within a couple of miles drive of a pack

and ship store, but my chances of getting up there every day are really low.

So how does it work?

I mean, I understand that there is an app, that I can look at this on my computer.

Give me a quick overview.

Brandon: Great thing is you can manage all of your mail - receiving, forwarding and accepting

- through your phone, or any smart device you have, your desktop, whatever.

It allows that mail be completely digitized, and you can view what the mail is, decide

what to do with it, again like I said from your smart phone.

Tim: OK, that's my end-user experience.

Now, I am thinking as a pack and ship store owner, how does this impact my business, what

opportunities are in front of me here?

Brandon: Well, really it impacts us in positive way for starters.

It allows us to capture a far larger customer base than we are used to now because it is

going global.

Tim: It can be anywhere right?

Brandon: Anywhere, literally, anywhere.

And, since we are already in the mail management business, it really doesn't change what

we do very much on the day in, day out basis.

Tim: Ok, cool.

So, I am hearing that there is an opportunity in front of the industry here, that there

is an opportunity for change that looks like more income, more customers, really good news

for a pack and ship store, and of course I've got to bring our ipostal1 angle to this thing

for people who want to find out more information about how this works.

Please visit ipostal1.com online, and there might be an opportunity for you and your store

to sign up and become part of our national and international network.