There are lots of different theories and perspectives and setups. Layers and layers and layers. My trading plan/theory for the next week/month is to try to find a nice blow-off rally into all time highs before the real selling starts. Most people are deer-in-the-headlights unaware that we are on the brink of what is going to be a historic financial crisis. There are two ways we can go, I predict:
1) USD lives. Fed hikes rates, epic market collapse. But the cash stays alive. Maybe 5-10% inflation, not CPI I mean really, really what you're paying. The data is cooked and has been. Even the fed doesn't trust headline inflation numbers as it's been so skewed to make it look better...
2) USD dies. This is a cazier, but just as likely possibility. What happens: rupublicans (trump) wins election. Trump kicks the fed out of their role, US controls monetary policy. Set interest rates at 0%. Markets go to infinity as dollar collapses. Hyper-inflation, the USD dies. If 2021 USD is $1. Today it's $0.87. It'll go to 0.1 of those 2021 dollars. You'll buy $0.05 candies for a five dollar bill. The middle class is obliterated. Wallstreet buys all of the houses. We all rent. This is what the WEF predicts aka "the great reset" where the US Deficit is reset and your dollars go with it. Damnit hold gold! Especially if the republicans win.
This has happened before, yes. The word "debase" means to put shit metals in gold coins to stretch them. They look mostly the same, but actually, your money is slowly becoming worthless. Now there isn't gold coins, it's literally monopoly money in your hand. Those bio-survival tickets can go to $0. It has happened before - look at Ray Dalio's book. amazon.ca/Changing-World-Order-Nations-Succeed/dp/1982160276
He said "the things that surprised me the most were the things that never happened in my lifetime. They had happened before, just not in my lifetime." So he, Dalio, founder of Bridgewater, went back through history to see the patters of the past to find where we are in the cycle. It ain't lookin' good if you are still believin' in the american dream.
All the data that I need to know what's up has been delivered. I honesty don't trust the recent numbers. I feel like the US is lying to people about the realities of core inflation. Whatever way this goes, I'll win. I hope that you don't lose so that the "great reset" comes to fruition. I don't want that.
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