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Could the DOW Really Double From Here?

Hedgefund manager Erik Townsend hosts a podcast called MacroVoices. This week he had Martin Armstrong on. I like to listen to podcasts at Overcast.fm because you can adjust the speed (save time).

Martin Armstrong makes his case for why the DOW could double from here, despite being already “over valued” or at elevated levels. Essentially, government debt sucks, the DOW is the best of the worst and money can/will come from all over the world.

I believe that stocks are currently overvalued and are way overdue for a crash. US GDP numbers for Q1 2017 came out at 0.7% , which means fundamentals aren’t supporting the asset prices. This makes it really, really hard to buy. But maybe another reason to buy. Usually the hardest trade is the right one.

I’m going to wait and see what happens with the government shutdown. The decision was put off a week. Also, there is the Sell in May motto. If things hold through mid-May, perhaps I’ll dip my toe into this fear trade.

 

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Artificial Womb Keeps Fetal Lambs Alive

This reminds me of the scene from The Matrix where the humans were grown in pods row upon row.

Lambs are used because, apparently, they develop similar to humans. However, they do develop faster. One of the challenges with human preemies would be dealing with the small size. In the study, the lambs were removed from their mothers at the equivalent of 23-24 week’s gestation for human fetuses.

Researchers say that this procedure could be tried on human preemies within 3-5 years.

Of course, this could be great where the baby is putting the mother’s life/health at risk. Who will be the first famous woman to leverage this innovation to preserve their million-dollar figure?

Could this affect the long-term psychology of the child? Losing the bond of developing within the mother’s womb?

See the full article here.

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2017 Best Jobs in America and 2017 Worst Jobs in America

Careercast.com released its annual job rankings for 2017. They rank 200 careers based on Income, Growth Outlook, Work Environment, and Stress.

It’s no surprise that the top jobs are STEM-based. I do question the algorithm. I mean, they have Computer Programmer at #49 with Projected Growth = “Very Poor”. Aerospace Engineer also gets Very Poor Projected Growth, despite defense spending continuously increasing, despite Jeff Bezos’ investment in the space, despite the future of personal flying devices and the growth of drone technologies and uses.

Yet, the Projected Growth for Hair Stylists is Good.

Also surprising are some of the jobs towards the bottom of the list. Firefighter at #193. I never met a firefighter that didn’t love their career. They love the schedule and the security (pension) and they ENJOY fighting fires.

In fact, the further I dig into this, the less I value this report. In fact, I’d say that I don’t value it much at all. But it’s still interesting to see.

 

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Dropshipping Experiment: Choosing a Product #WatchMe

This is the first in my #WatchMe series. I’m going to try and make as much money in as short a time possible by Dropshipping.

Reminder, I’m going off of this system. So, here we go…

I’ve done two things today. I created a Facebook page for my store. I’m calling it STUFFker. Go there and LIKE it (that’ll help me as I go through this!)

I got a logo created a Fiverr for $6. Unbelievable!

Now, I just need to select a product.

I spent some time (really, not that much) finding a couple products that could work on AliExpress. Somehow I got drawn to baby stuff and socks.

Any of these could work. Which do would you choose?

  • A = Mens Fun Designer Socks
  • B = Unisex Copper-Infused Compression Socks
  • C = Baby 0-12 mths Shoes (Option 1)
  • D = Baby 0-12 mths Shoes (Option 2)
  • E = (Keep Looking)

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Bitcoin Hits All-Time High Today … Ethereum Ether Token Hits All-Time High Today Too

I bought my first bitcoin in November 2013, yes on that rapid ascension up. That was during the whole Cypress debacle. You can see the how bitcoin subsequently came back down to reality. Over the past 3+ years, bitcoin has formed a beautiful cup base. I believe in the long term story of bitcoin and the blockchain, so rather than trying to trade bitcoin, I just bought a set amount each month throughout most of 2015 and into 2016.

In 2016, Bitcoin was by far my best asset performer, going up over 300%. But this is a LLLLLOOOOOOOONNNNNNGGGGG term play for me.

I will write much more about bitcoin and the blockchain in the future. This is the first high in many to come, I’m certain.

Ethereum’s ether token (I think that’s what they call it). This is Bitcoin’s cousin. I took a flyer on some tokens in March, getting in around $19 after I read this article about how JPMorgan, Microsoft, Intel and 30 or so others formed and alliance to create a standard version of the Ethereum software.

I’d previously read about how early Bitcoin buyers were now millionaires. With the backing of these corporate giants, maybe something will come from Ethereum. Who knows; I’m treating it like a lottery ticket. It’s a 3-bagger already (but again, not getting overly excited because it’s a long term play).

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There are People Making Millions Dropshipping. Why Not Me? Watch Me Try…

Here is the formula:

  1. Find a product on AliExpress. Something under $3. Make sure that it is from a reputable supplier (lots of positive reviews). Connect with them briefly and let them know your intent. They know the game.
  2. Create a Shopify storefront ($29/mo for basic)
  3. Create a post that says something like: “FREE ________, just pay shipping”.
  4. Boost the post or run an ad campaign to a highly targeted audience that drives them to the Shopify product page.
  5. Place the order with the supplier.

Let’s say your cost is $3. You sell the shipping at $9.99. BOOM! That’s $7 profit minus the cost of your Facebook advertising costs. This can be a wild card, yes. But I’m seeing very low estimates in my research to this point.

I’m going to find a couple products and run an experiment. Feel free to follow along and see how much we can make with this system. 🙂

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Is this the Top of Toronto’s Housing Bubble?

I am from Toronto. It is a fabulous city. All my family is there. I’d probably live there, if not for my obsession with sunny weather. But even if I wanted to move there, I couldn’t afford to. House prices are absolutely ridiculous.

A couple weeks ago, the gov’t put a 15% tax on foreign buyers. A similar measure by Vancouver last year put a halt to Vancouver’s housing bubble.

But maybe even more important, Canada’s biggest mortgage lender, Home Capital Group, crashed as it made arrangements for an emergency line of credit. Read more here.

New Century crashed on March 8, 2017. Look what followed:

I haven’t lived in Canada for over 20 years, so I’m not intimately familiar with the mortgage application process and what not. But I believed that it was much more stringent that the US. I didn’t think there was any concept of “Liar Loans”, but maybe I’m wrong. Greed is greed and people will get very creative when chasing money.

What I’ve always been concerned about with respect to the Toronto bubble is the loans themselves. Interest rates are a historical lows and have been low for a very long time. Is this sustainable? Canada doesn’t have long term fixed interest rate loans like in the US. I believe most people are on a 5 year variable. If interest rates spiked (or even started to rise), that will be doomsday for folks who already extended themselves to buy a home within the bubble.

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Clash of the Titans: Euro Predictions

Jim Rickards and Martin Armstrong. These are two individuals that I hold in very high regard for their opinions. They are Super Heavy-weights in my mind. Each came out with opposing views with respect to where the Euro is heading.

https://www.armstrongeconomics.com/markets-by-sector/foreign-exchange/euro/the-fate-of-the-euro/

VS.

https://dailyreckoning.com/euro-stronger-think/

Armstrong says the Euro doesn’t stand a chance. Rickards says the Euro is poised for a strong rally this summer.

Very, very interesting… Only time will tell.

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