MCX Lead August: Risky Sell CMP 110.50 | Stop @ 111 | Target @ 108 – 105 – 103

MCX Lead August: Sell Below 108 | Stop @ 111 | Target @ 105-103    OR

MCX Lead August: Buy Above 111 | Stop @ 108 | Target @ 114-116    OR

MCX Lead August: Risky Sell CMP 110.50 | Stop @ 111 | Target @ 108 – 105 – 103

MCX Lead August Outlook Weak

The technical chart of MCX Lead shows Symmetrical Triangle Pattern formation. Lead is trading near the higher resistance trend line and but it’s still well within the range of Symmetrical Triangle Pattern and may give a breakout on either side. Lead prices fell from 112 (July 29) to 107.30 on August 3 and thereafter went into the consolidation phase, forming the Triangle Pattern with higher bottom and lower top.

Height of the Triangle is 4.70 points, which is the difference from 112-107.30 levels. A breakout can be seen on either side. The prices are expected to move higher if the contract crosses 110.90. However, a fall below 108 will indicate the resumption of short-term downtrend. 

If the contract crosses higher resistance level of 110.90 then prices may test 114-116 levels. But if the contract reverts from current level and trades below 108 then prices could fall to 105-103 levels, which is the height of the triangle from the Breakdown Point at 108.

WTI Oil: Outlook Remains Bearish

WTI-OIL: Sell Below $44 | Stop @ $50 | Target @ $35 — $33

WTI Oil: Outlook Remains Bearish

The technical chart indicates that WTI Oil is forming Double Bottom pattern with the support at $44/barrel level. At the starting of 2015, prices rebounded from $44 and rose to $62. During the period of May prices consolidated in the range of 62 to 56.50 during May. However, prices broke the support level of $58 in June and fell to $44.

Prices are expected to reverse if it remains above the support level of $44 and retest the level of $62 again.    However, a break below $44  may take the prices to $33, which is 61.8% retracement of the recent fall. Prices are currently at $44.50.

In 2008, prices fell from $147 and took support at $33 before reversal in early 2009  and tested the level of $115.

The market fundamentals indicate that crude oil inventory is rising due to production in the US, the Middle East, and fresh pumping of oil by Russia. This is adding to the already high Inventory stocks and prompt prices to fall in coming days.

Gold One Pager Report..

Instrument	S3 Pivot	S2 Pivot	S1 Pivot	Daily PP	R1 Pivot	R2 Pivot	R3 Pivot
Gold Spot	1060	1070	1078	1088	1096	1106	1114

Gold Spot in Comex shows the emerging of the symmetrical triangle pattern. Prices have been oscillating between $1,110 and $1,080 per ounce levels since couple of week. Breakdown below $1,080 will bring the prices till $1,047 in near term.

Sustain below $1,080 will also indicate long term breakdown of the Bear Flag Pattern. Height of the Pole is 128 points, which is the difference from $1,205 to $1,077 level. Taking in to consideration the positional chart the lower side target comes to 1016 which is 50% of the height of the pole and Second target comes to $952 will be the 100% of the Height of the pole.

The strong US dollar and excess supply concerns are putting pressure on gold prices. The Federal Reserve’s interest rate hike would be the key driver for gold prices in the near term.

Fundamental News which just coming out from the Federal Reserve board voting member which will impact the prices to great extent

On Wednesday gold prices eased its previous session gain in Asia trade after remarks from a Federal Reserve board voting member that a widely expected rate hike this year could be "close". 

A voting member this year, Atlanta Fed's Lockhart is considered to be a moderate, analysts said, which made his remarks more meaningful. Talking with the Wall Street Journal, Atlanta U.S. Federal Reserve Bank President Dennis Lockhart said the Fed was "close" to being ready to raise short-term rates. Lockhart noted it would take major weakness in the data to convince him not to move. "I think there is a high bar right now to not acting, speaking for myself," he said. The Atlanta Fed president is a voting member on rate policy this year. He is seen by Fed watchers as a key bellwether of the thinking of the majority on the U.S. central bank due to his pragmatic approach to economic issues.

Union Bank Chart

Blue Solar Water Heals the Body and Spirit: Here Is How To Make It

Tuesday, July 28, 2015 3:54

(Before It's News)

Blue Solar Water is easy to make, delicious to drink and is very a powerful to be used for body healing.

As we know, water carries vibrations, energy frequency, crystals, colors… Blue solar water provides the best: the powerful energy of the sun, the source of all life, and the fascinating properties of the healing and calming blue color. This water has become a favorite and popular after the book Zero Limits by Dr. Hew Len and above all through Ho’oponopono, an ancient Hawaiian healing technique.

In addition to being extremely healthy, this water helps cleanse the deep negative subconscious programs that we automatically repeat over and over again. Blue solar water heals emotional wounds and blockages, takes them to the surface and relieves us from them so that we get reset back to zero, in a pure state, to a clean start, without the background noise of negative thoughts. This water meets positivity, peace and love. And everyone can drink it, children, sick with cancer, especially those on chemotherapy. It is even tastier than plain water. And it is very easy to make.

Why blue?

Blue is the color of the fifth chakra, the so-called power center or the throat chakra (Vishuddha). The throat chakra is extremely important because it is the way through which energy from the higher energy centers can move to the lower ones and vice versa. It is the first center of higher frequencies and only when it is completely clean and open, we can reach higher states of consciousness. It is a bridge between the physical and the spiritual world, between the heart and the mind. It separates the secular from the sacred and transmitters the intention of the soul.

And it has been scientifically proven that the color blue has a tremendously powerful impact on our brains, decision-making and behavior.

Blue sky means a nice, relaxing day. Clean calm blue sea means calmness and serenity. In fact, everything blue symbolizes trust, loyalty, wisdom, confidence, intelligence, faith, truth, and heaven. Krishna is blue.

Science says it’s no coincidence these blue things make all of us us feel so good. After all, blue is the only color spectrum that can effectively prevent people from committing suicide.

It is proven that the color blue has a calming effect on people, and that is why it is used in different ways. In 2000, police in Glasgow, Scotland, installed blue lights in areas with a high crime rate. Since then, crime in those infamous neighborhoods decreased by 9%.

In Japan, several major railway companies switched to only blue lights at all railway crossings. To date they have a stunning success: In 2007, a year before the blue lights were installed, they had 640 suicides. In 2008, after the lights were installed, there were zero suicides!

If this is all strange and you do not believe in the incredible efficiency of blue, read on.

One theory says that the color itself has a tangible, biological effect on our brain chemistry. Harold Wohlfarth, president of the German Academy of Color Science, conducted a study in which he found that blue color lighting actually had a psychological impact on children and adults, and what is particularly bizarre in all things is the fact that it had the same effect even on blind people.

Wohlfarth believes that traces of electromagnetic energy from the blue light affects certain neurotransmitters in the brain. When light of a certain color falls on the eye, even if the eye is blind, it affects the gland that produces melatonin, which creates a chain reaction that elevates mood and calms emotions.

How to make Blue solar water?

All you need is a blue glass bottle (the shade of blue is not important) and fill it up with filtered, spring or plain tap water. You also need to make sure that the cap you seal the bottle with is not made of metal. It can be glass or plastic, but never use metal. The cap only serves as a protection against dust or insects that are very fond of this water.

This water bottle should be then kept on the sun for 1-12 hours. The longer you keep it on the sun, the sweeter its taste will get. But remember not to keep it longer than 12 hours.

How to drink it?

Drink this water as much as possible, it is very tasty and drinkable. Somehow, our body recognizes it, so even those who don’t drink so much water will have no problem drinking a few liters.

In addition to drinking it, you can use this water for cooking, watering flowers, for your animals, add it in the washing machine, dishwasher, put in a sprayer and refresh the rooms, add it to your bath…

Once you have made your Blue Solar Water you can transfer it into another container, plastic or glass, doesn’t matter. It can be kept in the refrigerator or at room temperature.

12 Ways The Economy Is In Worse Shape Now Than During The Depths Of The Last Recession

Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008?  When I write about an “economic collapse”, most people think of a collapse of the financial markets.  And without a doubt, one is coming very shortly, but let us not neglect the long-term economic collapse that is already happening all around us.  In this article, I am going to share with you a bunch of charts and statistics that show that economic conditions are already substantially worse than they were during the last financial crisis in a whole bunch of different ways.  Unfortunately, in our 48 hour news cycle world, a slow and steady decline does not produce many “sexy headlines”.  Those of us that are news junkies (myself included) are always looking for things that will shock us. But if you stand back and take a broader view of things, what has been happening to the U.S. economy truly is quite shocking.  The following are 12 ways that the U.S. economy is already in worse shape than it was during the depths of the last recession…

#1 Back in 2008, 18 percent of all Americans kids were living in poverty.  This week, we learned that number has now risen to 22 percent…

There are nearly three million more children living in poverty today than during the recession, shocking new figures have revealed.

Nearly a quarter of youngsters in the US (22 percent) or around 16.1 million individuals, were classed as living below the poverty line in 2013.

This has soared from just 18 percent in 2008 – during the height of the economic crisis, the Casey Foundation’s 2015 Kids Count Data Book reported.

#2 In early 2008, the homeownership rate in the U.S. was hovering around 68 percent.  Today, it has plunged below 64 percent.  Incredibly, it has not been this low in more than 20 years.  Just look at this chart – the homeownership rate has continued to plummet throughout Obama’s “economic recovery”…

#3 While Barack Obama has been in the White House, government dependence has skyrocketed to levels that we have never seen before.  In 2008, the federal government was spending about 37 billion dollars a year on the federal food stamp program.  Today, that number is above 74 billion dollars.  If the economy truly is “recovering”, why is government dependence so much higher than it was during the last recession?

#4 On the chart below, you can see that the U.S. national debt was sitting at about 9 trillion dollars when we entered the last recession.  Since that time, the debt of the federal government has doubled.  We are on the exact same path that Greece has gone down, and what you are looking at below is a recipe for national economic suicide…

#5 During Obama’s “recovery”, real median household income has actually gone down quite a bit.  Just prior to the last recession, it was above $54,000 per year, but now it has dropped to about $52,000 per year…

#6 Even though our incomes are stagnating, the cost of living just continues to rise steadily.  This is especially true of basic things that we all purchase such as food.  As I wrote about earlier this year, the price of ground beef in the United States has doubled since the last recession.

#7 In a healthy economy, lots of new businesses are opening and not that many are being forced to shut down.  But for each of the past six years, more businesses have closed in the United States than have opened. Prior to 2008, this had never happened before in all of U.S. history.

#8 Barack Obama is constantly telling us about how unemployment is “going down”, but the truth is that the  percentage of working age Americans that are either working or considered to be looking for work has steadily declined since the end of the last recession…

#9 Some have suggested that the decline in the labor force participation rate is due to large numbers of older people retiring.  But the reality of the matter is that we have seen a spike in the inactivity rate for Americans in their prime working years.  As you can see below, the percentage of males between the ages of 25 and 54 that aren’t working and that aren’t looking for work has surged to record highs since the end of the last recession…

#10 A big reason why we don’t have enough jobs for everyone is the fact that millions upon millions of good paying jobs have been shipped overseas.  At the end of Barack Obama’s first year in office, our yearly trade deficit with China was 226 billion dollars.  Last year, it was more than 343 billion dollars.

#11 Thanks to all of these factors, the middle class in America is dying.  In 2008, 53 percent of all Americans considered themselves to be “middle class”.  But by 2014, only 44 percent of all Americans still considered themselves to be “middle class”.

When you take a look at our young people, the numbers become even more pronounced.  In 2008, 25 percent of all Americans in the 18 to 29-year-old age bracket considered themselves to be “lower class”.  But in 2014, an astounding 49 percent of all Americans in that age range considered themselves to be “lower class”.

#12 This is something that I have covered before, but it bears repeating.  The velocity of money is a very important indicator of the health of an economy.  When an economy is functioning smoothly, people generally feel quite good about things and money flows freely through the system.  I buy something from you, then you take that money and buy something from someone else, etc.  But when an economy is in trouble, the velocity of money tends to go down.  As you can see on the chart below, a drop in the velocity of money has been associated with every single recession since 1960.  So why has the velocity of money continued to plummet since the end of the last recession?…

If you are waiting for an “economic collapse” to happen, you can stop waiting.

One is unfolding right now before our very eyes.

But what most people really mean when they ask about these things is that they are wondering when the next great financial crisis will happen.  And as I discussedyesterday, things are lining up in textbook fashion for one to happen in our very near future.

Once the next great financial crisis does strike, all of the numbers that I just discussed above are going to get a whole lot worse.

So as bad as things are now, the truth is that this is just the beginning of the pain.

We Are In FAR Worse Shape Than We Were Just Prior To The Last Great Financial Crisis

• None of the problems that caused the last financial crisis have been fixed. In fact, they have all gotten worse. The total amount of debt in the world has grown by more than 40 percent since 2007, the too big to fail banks have gotten 37 percent larger, and the colossal derivatives bubble has spiraled so far out of control that the only thing left to do is to watch the spectacular crash landing that is inevitably coming. Unfortunately, most people do not know the information that I am about to share with you in this article. Most people just assume that the politicians and the central banks have fixed the issues that caused the last great financial crisis. But the truth is that we are in far worse shape than we were back then. When this financial bubble finally bursts, the devastation that we will witness is likely to be absolutely catastrophic.
• Too Much Debt
• One of the biggest financial problems that the world is facing is that there is simply way too much debt. Never before in world history has there ever been a debt binge anything like this.
• You would have thought that we would have learned our lesson from 2008 and would have started to reduce debt levels.
• Instead, we pushed the accelerator to the floor.
• It is hard to believe that this could possibly be true, but according to the Bank for International Settlements the total amount of debt in the world has increased by more than 40 percent since 2007…

The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates, according to the Bank for International Settlements.

The $30 trillion increase from $70 trillion between mid-2007 and mid-2013 compares with a $3.86 trillion decline in the value of equities to $53.8 trillion in the same period, according to data compiled by Bloomberg. The jump in debt as measured by the Basel, Switzerland-based BIS in its quarterly review is almost twice the U.S.’s gross domestic product.

• That is a recipe for utter disaster, and yet we can’t seem to help ourselves.
• And of course the U.S. government is the largest offender.
• Back in September 2008, the U.S. national debt was sitting at a total of 10.02 trillion dollars.
• As I write this, it is now sitting at a total of 17.49 trillion dollars.
• Is there anyone out there that can possibly conceive of a way that this ends other than badly?
• Too Big To Fail Is Now Bigger Than Ever
• During the last great financial crisis we were also told that one of our biggest problems was the fact that we had banks that were “too big to fail”.

• Well, guess what? 
• Those banks are now much larger than they were back then. In fact, the six largest banks in the United States (JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley) have collectively gotten 37 percent larger since the last financial crisis.
• Meanwhile, 1,400 smaller banks have gone out of business during that time frame, and only one new bank has been started in the United States in the last three years.
• So the problem of “too big to fail” is now much worse than it was back in 2008.
• The following are some more statistics about our “too big to fail” problem that come from a previous article…

• -The U.S. banking system has 14.4 trillion dollars in total assets. The six largest banks now account for 67 percent of those assets and all of the other banks account for only 33 percent of those assets.
• -Approximately 1,400 smaller banks have disappeared over the past five years.
• -JPMorgan Chase is roughly the size of the entire British economy.
• -The four largest banks have more than a million employees combined.
• -The five largest banks account for 42 percent of all loans in the United States.
• -Bank of America accounts for about a third of all business loans all by itself.
• -Wells Fargo accounts for about one quarter of all mortgage loans all by itself.
• -About 12 percent of all cash in the United States is held in the vaults of JPMorgan Chase.
• The Derivatives Bubble
• Most people simply do not understand that over the past couple of decades Wall Street has been transformed into the largest and wildest casino on the entire planet.
• Nobody knows for sure how large the global derivatives bubble is at this point, because derivatives trading is lightly regulated compared to other types of trading. But everyone agrees that it is absolutely massive. Estimates range from $600 trillion to $1.5 quadrillion.
• And what we do know is that four of the too big to fail banks each have total exposure to derivatives that is in excess of $40 trillion.
• The numbers posted below may look similar to numbers that I have included in articles in the past, but for this article I have updated them with the very latest numbers from the U.S. government. Since the last time that I wrote about this, these numbers have gotten even worse…
• JPMorgan Chase
• Total Assets: $1,989,875,000,000 (nearly 2 trillion dollars)
• Total Exposure To Derivatives: $71,810,058,000,000 (more than 71 trillion dollars)
• Citibank
• Total Assets: $1,344,751,000,000 (a bit more than 1.3 trillion dollars)
• Total Exposure To Derivatives: $62,963,116,000,000 (more than 62 trillion dollars)
• Bank Of America
• Total Assets: $1,438,859,000,000 (a bit more than 1.4 trillion dollars)
• Total Exposure To Derivatives: $41,386,713,000,000 (more than 41 trillion dollars)

• Goldman Sachs
• Total Assets: $111,117,000,000 (just a shade over 111 billion dollars – yes, you read that correctly)
• Total Exposure To Derivatives: $47,467,154,000,000 (more than 47 trillion dollars)
• During the coming derivatives crisis, several of those banks could fail simultaneously.
• If that happened, it would be an understatement to say that we would be facing an “economic collapse”.

• Credit would totally freeze up, nobody would be able to get loans, and economic activity would grind to a standstill.
• It is absolutely inexcusable how reckless these big banks have been.
• Just look at those numbers for Goldman Sachs again.
• Goldman Sachs has total assets worth approximately 111 billion dollars (billion with a little “b”), but they have more than 47 trillion dollars of total exposure to derivatives.
• That means that the total exposure that Goldman Sachs has to derivatives contracts is more than 427 times greater than their total assets.
• I don’t know why more people aren’t writing about this.

• This is utter insanity.
• During the next great financial crisis, it is very likely that the rest of the planet is going to lose faith in the current global financial system that is based on the U.S. dollar and on U.S. debt.
• When that day arrives, and the U.S. dollar loses reserve currency status, the shift in our standard of living is going to be dramatic. Just consider what Marin Katusa of Casey Research had to say the other day…

It will be shocking for the average American… if the petro dollar dies and the U.S. loses its reserve currency status in the world there will be no middle class.

The middle class and the low class… wow… what a game changer. Your cost of living will quadruple.

• The debt-fueled prosperity that we are enjoying now will not last forever. A day of reckoning is fast approaching, and most Americans will not be able to handle the very difficult adjustments that they will be forced to make. Here is some more from Marin Katusa…

Imagine this… take a country like Croatia… the average worker with a university degree makes about 1200 Euros a month. He spends a third of that, after tax, on keeping his house warm and filling up his gas tank to get to work and get back from work.

In North America, we don’t make $1200 a month, and we don’t spend a third of our paycheck on keeping our house warm and driving to work… so, the cost of living… food will triple… heat, electricity, everything subsidized by the government will triple overnight… and it will only get worse even if you can get the services.

• All of this could have been prevented if we had done things the right way.
• Unfortunately, we didn’t learn any of the lessons that we should have learned from the last financial crisis, and our politicians and the central banks have just continued to do the same things that they have always done.
• So now we all get to pay the price.