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Major Long- and Short-Term Turning Point Ahead

First things first: My new book is out on November 15, just one month after our annual Irrational Economic Summit which starts this Thursday. It’s called Zero Hour: Turn the Greatest Political and Financial Crisis in Modern History to Your Advantage. So, when I take the stage in the conference center at the Nashville Airport Marriot hotel at 1:25 p.m. local time (central), I’ll give attendees and LIVE Stream viewers a sneak preview of the most important points of the book. And my co-author, Andrew Pancholi, who spoke to acclaim at our last IES conference, will be back again as […]

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Could Yesterday’s Total Eclipse Mark a Major Turning Point?

Were you one of the lucky ones able to witness the total eclipse yesterday, as it moved on its west to east path across the middle of the U.S.? Whether you did or not, there’s probably something about this event that you HAVEN’T heard… My friend Andrew Pancholi, cycle whiz from London and creator of the Market Timing Report, recently told me that yesterday’s path of totality across the U.S. looked eerily similar to the one that occurred at the beginning of the Civil War… and that this could signal America as the starting point to broader civil wars and political restructurings around the […]

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Beware… We Face the Greatest Turning Point in October

Normally the worst season for the stock market is between July and November, especially August through mid-October, with September the worst month for losses (on average, of course). The first wave of the 1929 to 1932 crash ran from early September into mid-November, claiming a loss of 47% in just two and a half months. This year, this time frame could be equally dangerous… I’m a long-term forecaster, so I look to Andrew Pancholi at markettimingreport.com to fine tune the shorter-term situation. That’s not an easy task. And it’s impossible to be right all of the time. If you can […]

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Have We Reached A Turning Point For Stocks? Tuesday Was The Worst Day For The Stock Market In 6 Months

The post-election stock market rally is officially over.  After hovering near record highs for the past couple of weeks, U.S. stocks had their worst day in six months on Tuesday.  For quite some time it has been clear that the momentum of the post-election rally had been exhausted, and a pullback of this nature was widely anticipated.  But even though stocks fell by more than 1 percent during a single trading session for the first time since last September, it is going to take a whole lot more than that to bring stock prices back into balance.  In fact, stocks […]

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Are Trolls Turning The Internet Into A Festival Of Hate?

Have you noticed that people say some of the most hateful things imaginable on the Internet?  Earlier today, I came across a Time Magazine article entitled “How Trolls Are Ruining the Internet“, and it made me reflect on my own experience as the publisher of a number of prominent websites.  Over the years, I have often gotten to see what is really going on in some of the darkest hearts in our society.  There are people that come to my websites that somehow think that making crude sexual remarks about the wives and children of people that they have never […]

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California Is Turning Back Into A Desert And There Are No Contingency Plans

Once upon a time, much of the state of California was a barren desert.  And now, thanks to the worst drought in modern American history, much of the state is turning back into one.  Scientists tell us that the 20th century was the wettest century that the state of California had seen in 1000 years.  But now weather patterns are reverting back to historical norms, and California is rapidly running out of water.  It is being reported that the state only has approximately a one year supply of water left in the reservoirs, and when the water is all gone […]

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