The War Cycle has been amazingly spot on. Even those who were skeptics are sending in emails asking what is going to happen now. War is brewing both civilly and internationally and in every area around the globe. The Middle East is brewing as well with the FAA imposing a 24-hour ban on US flights to Israel that is being followed by many European airlines also suspending flights. The sirens have been sounding in the south and central Israel and in the West Bank. The EU has called for disarmament of Hamas, but we all know that is just words. The UN chief has urged Israel to exercise restraint with more than 600 Palestinians are being reported dead.

We are getting info from reliable sources that there may be another layer to the USA v Russian conflict. Just as the entire Syrian agenda was to arm terrorists to topple the Syrian government in order to push through a pipeline to cut off the energy monopoly in Europe held by Russia, we may be actually seeing another motive here. The projections of fracking technology that the USA will become a net exporter of energy has set the stage for another perhaps covert move – sanctions against Russia to open the European market for energy. In this new war of words and sanctions against Russia, it is the Americans who seem to be marching either totally brain-dead, or with another energy secret agenda. This very well just may be all about one thing -:taking the Russian energy market from them. To turn off Russia as a competitor, the Russian president is to be internationally isolated. The shooting down of flight MH17 is playing into this agenda and comes precisely at the right moment to aid the US strategy on energy. We will keep you advised on this matter.

The Global Warming crowd is now desperately trying to counter-act the data that says they are quite frankly about as credible as the old Y2K crowd back in 2000. The data have clearly shown that they have lied, manipulated, and outright carried out a major fraud upon society. They argue that man has altered the entire planet in just a few decades which is like focusing on a 7 day reaction in a bear market and declaring it’s really a bull market. The theory is totally unsound simply from a realistic research perspective.

The fact that surface temperatures have not warmed over the past 17 years showing that their climate models are unreliable, is now amazingly being refuted with quick new research led by James Risbey. In just a matter of weeks, he is leading the charge demonstrating his clearly predisposed bias. Risbey now excuses their nonsense of models that have overestimated global warming with a slapped together study published in Nature Climate Change asserting that their models actually generate good estimates of recent and past trends provided they also took into account natural variability known as El Nino-La Nina phases in the Pacific. OOPS! Cycles?

It is just amazing how these people are so sold on claiming millions of years can be altered in just a few decades like a 7 day rally in the middle of the Great Depression. Risbey is clueless obviously that cycles exist or how they function and claiming that the oceans are absorbing the heat so we do not feel it is clever. Effective he states he would be right but for El Nino-La Mina phases. OMG – is this cycles? He actually states: “You’re always going to get periods when the warming slows down or speeds up relative to the mean rate because we have these strong natural cycles”.

So lets see, there are roughly 30-year cycles (Pi cycle 31.4 years) whereby the Pacific alternates between periods of more frequent El Ninos – when the ocean gives back heat to the atmosphere – to La Ninas, when it acts as a massive heat sink, setting in train relatively cool periods for surface temperatures. This has been taking place before the Industrial Revolution. Violent storms were far worse at the bottom on the 300 year cycle in the energy output of the sun in the 18th century.

The record of the biggest hurricane seasons in the Atlantic since the start of the 20th century reveals only a cycle, not a progressive trend escalating that builds like a bull market.

By selecting climate models in phase with natural variability, Risbey is desperately trying to argue the global warming core trend is correct. Quite frankly, a few decades does not cut it. In market forecasting, this is no different from following Black–Scholes model that led to the Long-Term Capital Management collapse in 1998 when Genius Failed because they tested the model with data only back to 1971.

Even looking at the historical record of storms, none of the worst even took place during the 20th century.

Where-Year-Deaths

Edward Snowden addressed the hacking conference in NYC known as HOPE (Hackers On Planet Earth) to focus development of easy-to-use technologies to subvert government surveillance programs around the globe. He is advocating technology that would allow people to communicate anonymously and encrypt their messages. You can bet the NSA would love to have him assassinated for they cannot grasp that what they have done is to turn the USA into the evil empire in the minds of non-Americans. This is precisely why Athens fell because they became arrogant and authoritative toward their allies. Just reverse the role. How would the Americans react if all of their personal phone calls, emails, and Google searches were being collected by Russia and the US was powerless to stop it. What goes around – comes around.

The interplay of the War Cycle and the ECM is really getting interesting. We can see some wild swings ahead. This volatility will start next week and gradually build up into what appears to be a major focal point come November. The technical Breakout Channel on the Daily Chart is warning that breaking beneath that channel on a closing basis will warn of a possible near-term correction.

The major technical support lies at the 16254 level with initial technical support at the 16828 level. Watch the Bearish Reversals closely.

Because of the importance of all of this and the success in the live stream technology for the Cycle’s of War Conference, we may try another streaming event on markets in September. This is starting to look really crazy and as quiet as the markets were for the first half of 2014, they look like they will be much more volatile the second half

We are working very hard to bring to you a completely new platform upon which we can advance our understand and knowledge of the world around us. There are people who try to criticize me on a personal level and this highlights the entire problem why as a society we are stuck in the mud. Personal opinion means absolutely nothing because there is nobody born of flesh capable of every second monitoring the entire world. This honestly takes a computer to accomplish this. In many ways, this is like the discovery of the compass. Suddenly man could navigate the seas.

The design is not my INVENTION, it is my DISCOVERY. The difference is one starts with an idea and the latter is one merely bumps into the answer. I have stated many times that what I have learned was forced upon me by our clients – not some school or predetermined idea steeped in prejudice.

What I came to see was that Adam Smith was correct. However, what he observed I have seen the same structure on a grand global scale that we all indeed act out of our own self-interest. It is this interconnectedness internationally that makes everything function. The Global Market Watch is purely pattern recognition EXCLUSIVELY. It takes those patterns it discovers in one market and applies them to everything demonstrating that we are human and we act the same regardless of the instrument.

Consequently, all the talking heads offering opinion is just constant noise. I would like to see that society wakes up and takes  that one giant leap for mankind rather than always just one personal step to claim they are better than everyone else. Nobody can be right on everything from a personal perspective. I have stated for years, clients attend our conference not for my opinion, but what is the computer saying now.