Just a quick chart to show all the new money thats being printed by central banks
we can see how the stock market is being kept alive by all this extra wealth being pushed into it, keeping it bullish, the only downside is obvious, INFLATION, massive amounts of very dangerous and harmful inflation!
Highlighted the 2008 housing market short and also the most recent injection in March of 2021 for all this COVID B; and there is more to come now that President Biden has signed another package to print even more...
Its a house of cards and can already see it falling (not the money supply but the system) - are we being pushed into crypto? how does this effect the crypto markets too?
I'll do another chart showing the price of bitcoin compared to the extra money and show why we still have much more upside on Bitcoin and the crypto market, will BTC go parabolic like the money supply??? We shall soon see!!!
Trade well guys and gals, hold on tight if your just in fiat cause its gunna get very rocky ride down the next set of rapids - the only diversity you need in your life, is in your portfolio!!