DIXIE 50?!?(Check out my previous accurate calls on the dollar from the past year below these comments)
Has anyone else noticed the massive bearish symmetrical triangle on the 3M DXY chart?
Everyone believes the dollar will strengthen in the short term, but I think we have formed a head-and-shoulders pattern and are in for another significant leg lower!
The 1.618 continuation on this decade-long bear market rally is almost exactly at 50 on the dot, and I believe we are heading there fast!
Hyperinflation
VIX to 0?!?In terms of long term allocation, I wouldn't touch equities with a ten-foot pole!
That being said, with the amount of currency being created every second, all prices will continue to rise exponentially, and the proximity of financial assets to the source of this inflation (the Federal Reserve) will continue to favor their valuations!
Would a uncontrolled rise in treasury yields lead to a sizeable correction in equities and a rising VIX? Absolutely.
Is it likely that the Federal Reserve would intervene to an even greater extent than the 2008 and 2019 Global Financial Crises? Absolutely.
Therefore, I believe the long term trend of volatility in all prices is much, much lower...
Calling Tops is Virtually Impossible, but Here Goes!After nearly a decade, I believe the outright manic outperformance of tech stocks over commodities came to an end this past week!
Does this mean that the prices of shares in tech companies will fall or even crash? No. It simply means that commodities and the shares of commodity producing companies will outperform them over the coming years...
The cost of hedging inflation is about to skyrocket, make sure you are positioned accordingly...
Negative Rates will come!1) Inflationary pressures will continue to push yields on the 10-year treasury note higher as treasuries are sold
2) This will overwhelm the debt-burdened economy and financial system, leading to a sovereign debt/financial crisis (a credit freeze)
3) The Federal Reserve will intervene to ease lending (even more so than in the repo market right now, where they are injecting more than a trillion dollars every night!) , unleashing a torrent of currency into the financial system and the economy and ultimately pushing yields into negative territory
4) This will undermine any remaining faith in the Federal Reserve Note and all central bank fiat currencies, as money velocity, consumer price inflation and the cost of inflation hedges all soar much higher, leading to a currency crisis
5) Governments will obtain a previously unseen amount of power as the entire western savings base is inflated away and standards of living in the west fall to the levels of developing nations
TUNE INTO MY LIVE STREAM ON THURSDAY THE 11th AT 6pm TO DISCUSS FURTHER! ALL QUESTIONS AND OPINIONS WILL BE ANSWERED! :)
www.tradingview.com
How Can You Protect Yourself?Are you seeking to protect yourself financially in the long term while earning returns in the short term?
Tune into my live stream this Friday the 5th of February at 4pm EST to find out how you can!
POST QUESTIONS AND OPINIONS IN THE CHAT! I will answer all of them! :)
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I Hate to Say I Told You So!Marked in green are the 3 days in this correction period where I reaccumulated and added to my PHYSICAL holdings of silver!
I saw many "expert" traders and technical analysts claiming that new lows, another crash, 1700$ gold, etc. were guaranteed...
99.9% of people, including these "experts", don't understand how the prices of silver and gold are suppressed, and just how much higher they should be!
Every second silver remains at prices under ~1000 $USD is a gift from the heavens and you should be buying every dip!
Crypto is in a Bubble: Prove me Wrong!Do you think crypto is in a bubble that will pop soon? Or is it still going much higher?
Tune into my live stream on Sunday January 31st at 5:30pm EST to respectfully discuss and debate!
SHARE YOUR OPINIONS AND QUESTIONS IN THE CHAT, they are encouraged and will be answered!
www.tradingview.com
Crypto is in a Bubble: Prove Me Wrong!Do you think crypto is in a bubble that will pop soon? Or is it still going much higher?
Tune into my live stream on Sunday January 31st at 5:30pm EST to respectfully discuss and debate!
SHARE YOUR OPINIONS AND QUESTIONS IN THE CHAT, they are encouraged and will be answered!
www.tradingview.com
Crypto is in a Bubble: Prove me Wrong!Do you think crypto is in a bubble that will pop soon? Or is it still going much higher?
Tune into my live stream on Sunday January 31st at 5:30pm EST to respectfully discuss and debate!
SHARE YOUR OPINIONS AND QUESTIONS IN THE CHAT, they are encouraged and will be answered!
www.tradingview.com
Hyperinflation aheadOil the biggest traded commodity globally by far and therefor best indicator to detect commodity price inflation imho.
From Investopedia artikel Why Didn't Quantitative Easing Lead to Hyperinflation? the following snippet:
"During the Great Recession banks still had bad loans and toxic assets on their balance sheets as a result of the housing bubble burst and its aftershocks.
While the central bank did increase the money supply sharply, banks used these funds to shore up their balance sheets and buffer toxic assets, rather than creating new loans."
Expecting the banks to have continued with this responsible business model, hyperinflation will fall upon the world economy straight out of the blue imho.
Very well possible the reason why the UJ Seasonality opening bell has us waiting since March '18 for its continuation.
A confluence of circumstances leading up to the great recession of 2008 included economic disruptions such as SARS and a CDO housing bubble, a repeat of quite a similar series of events likely to unfold with COVID marking the start of it all..
Crypto is in a Bubble: Change My Mind!Do you think crypto is in a bubble that will pop soon? Or is it still going much higher?
Tune into my live stream on Sunday January 31st at 5:30pm EST to respectfully discuss and debate!
SHARE YOUR OPINIONS AND QUESTIONS IN THE CHAT, they are encouraged and will be answered!
www.tradingview.com
Make or Break Time!A telling divergence has occurred between the price of action of gold and silver!
While gold prices in late-November/early-December formed a lower low, silver prices formed a higher high!
It is well understood that silver outperforms gold in precious metals bull markets!
Is this divergence therefore indicating that we seen the lows in this period of correction and another move higher is coming?
Or is gold indicating that another severe fall in the price of silver is coming?
I believe the falling wedge that has been formed in gold's recent price action has been fulfilled and we are about to see a significant move higher in precious metal prices!
Where will Demand become Supply?Are we looking at a small rally? Or a serious correction upwards?
An easing phase by the ECB combined with rising interest rates may trigger some temporary strength in the U.S. dollar!
This could spell a correction period for asset prices (or not), but most importantly it could send gold and silver prices on another leg downwards, putting them absolutely on sale!
Any dollar-induced dips in commodities, gold and silver especially, should be bought hand over fist!
GDP is Collapsing!If you compare GDP to the amount of currency in existence, it has been falling for 2 decades!
Remember, M2 is a fraction of the total money supply, therefore GDP has fallen by even more!
Ironically, people fail to realize that Money Velocity, what they point to as causing "deflation", is a much better indicator of stagflation!
It is likely that the exploding currency supply will begin to leak into goods and services rather than remain within the financial system!
This will send GDP higher, which of course all the politicians will point to as proof of the success of their policies, but in reality this will simply means bigger bills for you at the grocery store!
Hiding in Plain Sight!A massive cup and handle pattern has been completed on Silver!
This same patterns can be seen on the charts of the price of gold and silver in Venezuela and Zimbabwe before their hyperinflations!
Manipulation is Ending!As demand for physical gold and silver explode, the banksters' ability to keep prices artificially low are failing!
Scotiabank ended it's 350-year role in the precious metals market and J.P. Morgan (the most infamous manipulator) is no longer net short after the bear trap in March 2020.
The banks who do not terminate their short positions will suffer massive losses as gold and silver prices soar, just like A.I.G., Bear Sterns, The Lehman Brothers and Merill Lynch in 2008!
The Dollar is Going Down!The Federal Reserve is accomplishing its 108-year plan of the total destruction of the U.S. dollar!
While there may be a correction coming, the Euro is clearly a safer currency than the U.S. dollar and will appreciate against it in the long term.
The inter-bank lending market is completely communist at this point, the Federal Reserve is alleviating any semblance of a lack of dollars worldwide, and any remaining reasons to continue using the U.S. dollar as a world reserve currency are rapidly disappearing!