1969, 53 years later
Updated
It is like 1969, only exactly the same. (A quote Ashens would say)
Sticky inflation begins
Gold stagnating
Cheap oil, and then not that cheap
Space exploration
And the following years after 1969, look what happened to:
Inflation: Remained for 10 years
Gold: After a disappointing drop in 1969-1970, it exploded 19x until 1979.
Oil: Increased 10x until 1980
Space: We went on the moon several times, and then we lost the technology.
PS. There may be more similarities I am not aware of.
So what will happen now?
Exactly the same, all over again.
-- Stubborn inflation
-- Gold exploding (not bitcoin, they will ban this stuff and go all-out in CBDC. CBDC is like CBD only nothing like it. It is the dream of governments. They certainly encourage both of them. I don't post an opinion on CBD, I am just posting a joke.)
-- In a couple of years, we will see today's oil prices and actually want them. Now we obviously don't want them, it is like we are on sales and we just don't know it, yet...
-- We have apparently "landed" on a meteorite which is like exactly the same as in 1969 when we apparently landed on the moon. They like to make history repeat itself. If we find the technology we lost all these years ago (maybe Elon with a plethora of CBDC and CBD will find it). Maybe our bodies will go to Mars. Or more probably, we will take an AR experience to space, because that will save the planet.
Let's hope that in 8 years from now, we will not be in 1984. We are definitely stepping towards it.
(I know 1969+15 is 1984, and 2022+8 is 2030. Things are going much faster than 50 years ago.)
Tread lightly, for this is hallowed ground.
-Father Grigori
PS. Let's also hope that we don't meet up with Father Grigori, zombies or the combine.
Sticky inflation begins
Gold stagnating
Cheap oil, and then not that cheap
Space exploration
And the following years after 1969, look what happened to:
Inflation: Remained for 10 years
Gold: After a disappointing drop in 1969-1970, it exploded 19x until 1979.
Oil: Increased 10x until 1980
Space: We went on the moon several times, and then we lost the technology.
PS. There may be more similarities I am not aware of.
So what will happen now?
Exactly the same, all over again.
-- Stubborn inflation
-- Gold exploding (not bitcoin, they will ban this stuff and go all-out in CBDC. CBDC is like CBD only nothing like it. It is the dream of governments. They certainly encourage both of them. I don't post an opinion on CBD, I am just posting a joke.)
-- In a couple of years, we will see today's oil prices and actually want them. Now we obviously don't want them, it is like we are on sales and we just don't know it, yet...
-- We have apparently "landed" on a meteorite which is like exactly the same as in 1969 when we apparently landed on the moon. They like to make history repeat itself. If we find the technology we lost all these years ago (maybe Elon with a plethora of CBDC and CBD will find it). Maybe our bodies will go to Mars. Or more probably, we will take an AR experience to space, because that will save the planet.
Let's hope that in 8 years from now, we will not be in 1984. We are definitely stepping towards it.
(I know 1969+15 is 1984, and 2022+8 is 2030. Things are going much faster than 50 years ago.)
Tread lightly, for this is hallowed ground.
-Father Grigori
PS. Let's also hope that we don't meet up with Father Grigori, zombies or the combine.
Note
Link to the indicator
Note
To maximize pain for the many, and wealth accumulation for the few, this should happen:For several months/years you must have an economy that looks like it soft-landed. When it looks like it landed growth will begin, and very soon in a very fast pace. When everyone is over-leveraged and we are growing fast, pull the trigger and collapse. Like a mega-bull-trap.
So my view for what will happen? A mixture of both worlds, a stagnation and sometime in the future a crash noone would expect.
Note
If this chart is of any meaning (DXY*DJI/100), we have reached an important resistance level.
Note
Update:Pattern taken from November 2000
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.