looks like this is back down to the average pricelooks like this is back down to the average price
might hit a little higher than that before movie higher but i will put bids in at both levels
Depression
The inflation tradePrices are going up in spite of the "safe haven" usd ponzi scheme going up (short term like 12 months ago?).
It has even started going to what people notice & care about: consumer goods, end products.
They can be in denial until they feel it at the store, because even a 5 year old would understand that.
Fast foods have already increased their prices significantly.
We will soon hear people say "if you told me 5 years ago I would have called you crazy", I know, they called me crazy for years now.
"Take your meds". Let's see who gets last laugh.
RE, stock, crypto prices have already gone up. More a bubble than inflation. Debatable. The ones responsible act dumb and are in denial. The only negative consequences directly noticeable were populism & antifa riots.
The world has entered the second stage: increase in prices of usable commodities. And now it's going to start hurting.
It has completely skyrocketed, so violently, the price doubled, but here it is not the sign of a great industry
Food prices have also gotten very stupid very fast
Other prices to look at are these:
It is harder to find this data.
Here on a british site we can see that their pharmaceutical prices were in a range since 2000 and broke out violently recently
www.ons.gov.uk
Often the sources for prices will be the FED... Asking a suspect if he is innocent...
I don't run a big fund with a big research department with hundreds of analysts I can't check everything, but what I can do is look at China where lots of these goods come from, electronics etc.
Last year chinese economists and officials were publicly showing their worry of their usd bags, they build their country around exporting and on the way accumulated a lot of IOU, some of their work has not really been paid for yet, they got some worthless pieces of paper that lose value over time, they don't mind as long as they are confident these worthless pieces of paper will become something useful one day, they understand the difference between some number and purchasing power unlike most of the population lmao that get excited at the word "1 million".
First last year there was some huge news no one heard about that China build their own monetary zone in east asia, you know, what Gaddafi did just before France & their bodyguard the US decided the north african country needed some democracy.
China has started lowering its USD exposure, without hiding it, anyone could make money on this trend, the trend has lasted so long even Warren Buffett is watching now I bet.
www.siliconexpert.com
The producer price index for all commodities will be at a new ath soon, it went way up during the inflation & growth period then stagnated at the top since the recession:
fred.stlouisfed.org
Producer Price Index by Commodity: Inputs to Industries: Net Inputs to Mining and Oil and Gas Field Machinery Manufacturing Industry, Mining and Oil and Gas Field Machinery Manufacturing, Excluding Capital Investment, Labor, and Imports
Big breakout!
A big export of the US is refined Oil, prices of Oil go up AS well as machinery ===> Their output will go down, I'm not sure if democrats want to lower it to "save the planet" (making their situation worse) or just let it lower by itself (which they obviously know is happening) then take credit for it?
fred.stlouisfed.org
Net Inputs to Residential Construction, Goods
ALL. TIME. HIGHS. Since 2020 it has mooned. This is very bad! They already have a crisis here.
fred.stlouisfed.org
Net Inputs to Commercial and Healthcare Structures, Goods
Another all time high. More old obese people and ever higher costs to build hospitals & other infra
fred.stlouisfed.org
I'd rather make a video of this seriously, idk if tradingview has this yet.
The services index was at 100 Jan 2015- Jan 2017, 110 Q2 2020, and now at 127. Started going VERTICAL.
fred.stlouisfed.org
I think we have seen enough.
I will now attempt a drawing, german stonks
Jan-July 1918: 1 gold mark = 1.25 Reichs mark
9 November 1918: Wilhelm II abdication, start of Weimar republic. Socialists quickly start being the ones in charge. Always ends well.
December 1918: 1 gold mark = 2.00 Reichs mark
December 1919: 1 gold mark = 9.61 Reichs mark
December 1920: 1 gold mark = 14.53 Reichs mark
...
November 1922: 1 gold mark = 1282 Reichs mark
Late 1922: France socialists & Belgium occupy the Ruhr (west industrial region) to make Germany pay in goods (genius idea btw)
November 1923: 1 gold mark = 115,000,000,000 Reichs mark
The chart they never showed you
A loaf of bread in Berlin that cost around 160 Marks at the end of 1922 cost 200,000,000,000 Marks by late 1923.
This is when the public started really caring. It all develops over several years, it really started picking up in 1919.
I do not know what bread prices were and what industrial goods prices were, it's a bit different here too.
In the US case, where it has just began skyrocketing up, consumer goods follow a bit after "industrial" goods go up.
It escalates over years, it's really not a sprint there is plenty of time to prepare.
It's clearly not a race against the public that needs more time to understand, their understanding is not a function of time, but a function of when their shopping cart price goes up. We are very early. You can store toilet paper etc (for your own use don't be stupid don't try to profit from it by selling stuff at a discount when prices soar the peasants will come at you with torches, maybe, idk how their illogical emotional brains work) without the slightest competition as the herd isn't intelligent enough to figure this out, once they do though they'll all rambo like rhinoceroses.
When it gets really bad it will accelerate like crazy like germany hyperinflation in 1923. Maybe China says enough is enough or idk whatever.
Maybe industrials just cannot continue and all manufacturing stops. Like oil businesses chain failures a few years ago.
And these industrials are mega overleveraged lol.
Funny how during these terrible times in Germany the social-democrats had the majority, and now in the US who has the majority?
It's always the same guys 😂
Maybe that's just how every society naturally evolves? Late stage democracy or something. Good times make weak men. Weak men create hard times.
Checking these "Producer Price Index by Commodity: Inputs to Industries" is like having a crystal ball because the impact comes later and the unwashed plebes have no clue until it happens.
Some potential investment choices, not an advisor, just throwing out a few ideas:
> Stocking up on consumer goods now before prices go up is actually a smart investment decision, you will save money.
> Experienced speculators can buy some far away long Oil contract, other commodities too even. Oil could be going 3 digits personal opinion.
> Experienced traders just be focussed don't rest, LF commodity longs, LF usd short when the time is right, LF irrational prices, LF contango...
> Noobs don't go learn to trade now and get slapped by increased volatility and having no idea what you're doing
> Bond buyers just send me your money directly if you don't want it I'll make better use
> House prices will surely go up but socialists probably will take their fair share and give your RE to some hobo so sucks
> Don't show your wealth when things get really bad, but why would you waste money you could invest?
> Wageslaves will get crushed in the medium term, for those that spend all they earn and have nothing to spare press f, don't over-rely on a salary
> Might as well leave the west in the next 5 years
> Credit default swaps on the federal government?
Dow jones (DJI) - 100 year cycle? I see this bull run, starting 2009 as a diagonal.
1.We can clearly see that the sub waves are NOT consistent of only 1-5 but rather ABC waves within each of the bigger waves.
2. This is only possible within a diagonal. Short interest is high and price is squeezed.
3. I do not have a time perspective on the crash but the zone between 36,5 - 42k seems to be the highest probability according to fib-relations.
I will update this idea as time goes but I expect a bigger correction soon to mark the smaller B-wave within the 5th wave we are in right now.
Thereafter I will count the subwaves of waves C to predict where the end will be with much better accuracy.
Is this the end of the 100 year cycle? The great depression all over again?
This drug company could ride the pot wave on a mushroom capThis drug company could ride the pot wave on a mushroom cap.
Just a hunch
No hard numbers
The mental metrics just line up for me.
What was once illegal and destructive is now legal and restorative.
Shocking!
And NOT investment advice - just an observation.
Great Depression Bubble Pattern AnalysisCharting the Pattern of the Pre Depression Bubble
Phase 1: Trending breakout of basing formation in a strong up-trending move
Phase 2: Trending high-volatility drawdown (usually not related to stock or index itself).
Phase 3: Trending recovery - stock or index shrugs off the high volatility event as it recovers quickly and stronger than before.
Phase 4: Upwards & & sideways non-trending consolidation. Typically choppy trading, but slightly upward move.
Phase 5: 3 Phase blowoff top - breakout of non-trending consolidation followed by a smaller upwards consolidation into final blowoff breakout top.
... or die tryingIntroductory Warning:
This is long (at least for my doing), it is not directly related to trading, instead this is about MY journey, why am I here, how did I get here.
Maybe you can take some lessons from it, maybe you recognize yourself in it a bit or maybe you just feel the uncontrollable need to make fun of me in the comments in order to hide your own insecurity or stupidity or maybe you're just bored and need something to waste your time.
Whatever the reason you are here, feel free to stay or head-for-the-hills
Life does not give you what you want .
Life gives you what you need .
What you think you need, seldom is what you truly need .
Life gives me 🍋🍋 all the time, i don't like lemons.
Make lemonade ? I don't like lemonade either, the taste of citrus-fruits always makes me think of cleaning products (like drinking/eating from poorly rinsed dishes) .. and than adding tons of sugar? I'll pass (it goes for most detergents, why would I want my clothes to smell as if Ii just spilled peach-yogurt on them?).
There must be a third way, the road less traveled, the road every one is missing, maybe not using the road altogether.
Maybe turn those 🍋🍋 into dishwasher instead and rinse lifes mouth with it until it behaves and doesn't talk back anymore.
Sometimes there is no alternative, only way is right through the black-hole. But this isn't about self-annihilation, ego-death or 'reinventing yourself'.
What makes someone decide to become a trader, investor, speculator ?
Most often it's just simple Greed .
An evolutionary trait, gathering as much of something (food?) as possible in order to survive harsh times. The basic necessity mostly became redundant, yet the primal-drive stayed in tact.
Many people feel the need to (ful)fill their lives with abundance of luxurious, needless goods. Fancy clothes, jewellery, cars.
It goes right 🖐️ in 🖐️ with Fear .
The fear of losing something (lose the stack of food, lose your life)
I also have a need that wants to be fulfilled but it isn't money related, unfortunately money is the vessel that can get me there.
Math
When I was in school I hated math (who doesn't), I just couldn't get those stupid tables memorized.
Then again, why should I, if I can't memorize what 7x7 is, I'll just have to calculate, (me as child: i know 7x10=70 just 1x7 add the 0 and 7+7=14 +7=21, so 70-21= 70-20=50-1=49 ) might take a bit longer .. but I'll get there. I'll do it MY WAY.
And this is a very important concept for me, I am very rigid on things, I do not and cannot simply memorize things, I cannot just take things for granted, I have to understand the fundamentals and often details of the subject at hand in order to accept the whole. This mindset is me in my core, this I cannot change, this I will have to work with.
To quote Michael "invest in water" Burry :
I don't believe anything unless I understand it inside out. And even if I understand something, it is not uncommon that I disagree with accepted view (even if it's a Nobel laureate).
(I did NOT know of his quote until I searched for a fitting one, the similarities are astonishing)
Programming
In the early 90's I pondered on the idea of learning to program (imagine writing cool games like Wolf3D yourself some day .. other boring reasons too). I started trying Basic and Pascal, to no avail. Memorizing all the codes ? The real incentive just wasn't there.
Using Windows 3.1 and Windows95 (thnx Bill Gates: "Learning from mistakes and constantly improving products is a key in all successful companies." and man did they improve things 🤦) wasn't exactly a picnic either, so I tried this wondrous "new" OS called Linux, even though I come from the DOS generation, I couldn't get used to it and there where no alternatives to my programs and games at that time.
Psychology
Friendships, relationships, any -🚢 really, weren't always easy for me. It took me well into my young adulthood (no ship) until I fully realized that I do not need much of that but what's more, I don't want too much of that.
as Anthony Hopkins once said:
"I am not very good with relationships. With anyone. I can't be locked up with anyone for too long."
and
"I am a bit of a solitude person - a solitary personality. I like being on my own. I don't have any major friendships or relationships with people."
As a toddler, in the stroller, I was already silently observing everything that I saw in contrast to other children being much more reactive to their surrounding.(I was more "Think, don't do" as to "Do, don't think" )
There is so much to be learned by just watching and listening. Passively not actively.
Years go by, doing what a person does, a job here a job there, hobbies and all sorts of time wasting things like arguing.
Arguing and disagreeing with neighbors about letting their dogs piss against our stuff and 💩 in front of our house, cats 💩 in our yard, parking cars thereby blocking our driveway, loud music, stench of all sorts, them or their children vandalizing your property (on camera - yet no-one intervenes), you name it, I reckon you have neighbors too 🙄
--for some reason it always escalates into more annoyances instead of resolving issues (people are mostly self-centered, arrogant, inconsiderate pieces of Dunning-Kruger 💩)
Disagreeing with mechanics after the n-th time they ❤️ you over, I taught myself to do ALL repairs myself, welding, head-gasket, brakes .. the car is 30years old, so yeah, there IS work.
I've always tried to repair everything myself. I come from a milieu that was about durability and not luxury (there wasn't much around so one had to make do) and I have to agree with Greta Thunberg on her "How dare you" speech.
How dare you (all of you) rape our planet the way you do (Planned Obsolescence and mass consumerism at all cost).
Do you not realize you not only jeopardize your own health and future but that of your children and ALL generations to come ? Of ALL living things ultimately ?
so .. the years go by and life is catching up with you.
You keep losing jobs (mostly because you "don't fit the team" and the occasional bankruptcy), losing friends, family is dwindling too.
Hobbies don't interest you no more .. the dormant depression (besides your Dysthymia) comes crawling to the surface more and more, not only because you realize you'll never get out of this mess .. EVER, but also because you understand more and more about how ❤️-up this world (and by that I mean Human) really is.
Something has to change, but you cannot figure out what. You cannot change yourself, your core-values, trying to 'just fit in more'. That's not gonna work. You cannot change the world either.
You keep clashing with other people over and over again.
You can't live with them ...
You're pretty sure you have exhausted all possible (to you) ways of making a dent into this mess called life. What remains ?
Buying a house, somewhere out there, away from ...'people' and all the troubles, a place where you can just be YOU. Without all the annoyance and aggravation.
BUT .. nobody is going to just give you money or at least loan you some, can't get a mortgage either. So there you are, stuck in your own personal hell.
... you can't escape them.
So there you are again, lost, you need that third option.
Somewhere in between all of my misery, an acquaintance once said to me: "Maybe Bitcoin is something for you?!"
While I always haggled or traded something throughout my life, it never occurred to me to do "Financial Trading".
The learning curve of trading is something all traders have to do themselves, so I will not bore you with my specific path.
I am amazed by how far I've come (yet at the same time stood still), in many aspects, previous knowledge comes in handy here and newly learned now completes puzzles I previously couldn't solve.
Math, Programming and Psychology for example, they all meet back here (at least for me they do), only this time .. I actually DO (kind of) enjoy them (well mostly) 🤣
Math is self-evident .. you just need it. The programming I picked up initially because I wanted some alterations in some basic indicators (fit them to my needs) and from there it grew to writing complex strategies for back-testing. Psychology .. feel free to look at some of my other "Educationals", know yourself, know the competition and all of those 'opinions'.
Am I there yet ? The strict goal of my venture, the house ? No.
For the same reason as in real life, I have to much projects at the same time. It's mostly swing-trades for me, but because of the large time-frames, impatience, loss of focus, I start to look at other things, new strategies, scalps etc. then forgot to enter at the right time and .. want to talk about self-loathing? (expert right here, this ***damn idiot could have been very done by now, if he'd payed attention and not pulled all the orders last minute .. over and over again ). Day-trading and scalps .. can't really put in the hours needed because of other obligations and trouble with focus. I need to trade when I can, not just when the market presents itself (albeit that's how one should).
I have nothing to show for from all that life has thrown at me and all I have done with it. Except maybe for all the brain-filling I have gathered.
I'm not even close to buying my house - my freedom yet. While I judge people very hard, what most people don't see is, that I judge myself so much harder.
Maybe you think I am a hypocrite, arrogant, narcissistic, or just no longer 'my own entity' .. I don't care, if anything I'm the biggest loser of them all .. for I can not reach that bar I set so obviously 'low' for myself, every single time, (would I rather want to live in self-deceit like they do?). Unforgiving of my own mistakes: "if I let this slip by .. I'm prone to do it again .. and again, how will I ever learn".
Almost everything a person can be called, I've been called, the good and the bad.
The more my knowledge of things grows, the more the duality inside me grows with it (the frequency shortens, the amplitude widens). The more the void takes over as well. The goal losing its importance. All becomes meaningless.
Did trading do this to me or was it ultimately inevitable ? Just a path that had to be taken ?
By writing it all down I do not seek approval, confirmation, attention, affirmation or donation. It is just something I have to do, as a part of the road taken. Only I can make changes in my life.
In this pitch-black tunnel of depression and 'far worse things',
I sometimes can see the very faint shimmering of this tiny little Candle, be it red, be it green,
bringing back some hope, even if only for brief moments, will I succeed, it remains to be seen.
Fascism will rise again"Nationalism bad" over and over. So here in France I can't listen to someone from the far left for 5 minutes without hearing about how republican they are.
Haha "republican", what they really mean is nationalist. "French republican values", "foreigners HAVE to adopt french republican values", "Europe goes against our republican values".
Call it how you want, it is nationalism.
They hate globalism and banks soooo much. In the UK the labor guy that got horrible results was openly antisemitic and did not say sorry yet.
His brother is a climate denier by the way haha I'm surprised they did not use that against him.
The far right at least are open and honest about nationalism. The far right doesn't like globalism much but the far left hates it with a passion.
Like seriously, they want to rip their eyes out. I honestly think they would want to send "international jewish bankers" in the oven.
In France far left + far right get about half of votes, but the divide to conquer tactic allowed each side to hate the other one so they can never win. Yet.
The liberal-bourgeois lügenpress propaganda is not working anymore, too easy to debunk, they are on the decline, and actually their lies are so transparent that is has the opposite effect.
It would not surprise me the decadent liberal-bourgeois governments have created this covid crisis on purpose, they are desperate to stay in power, and to blame the inevitable debt depression crisis on something.
George Soros has been financing Antifa I assume he thinks they are the lesser of 2 evils? He wants his family to dodge the camp maybe?
Antifa are MORONS. They spit on everybody. Anyone that tries to enter their little zones they harass. They are hostile to EVERYONE. This is not how you gain support.
They're a bunch of barely organized clowns and I do not think they are the lesser of 2 evils. But well the oligarchs support the democrat party far more than these radical groups.
Maybe the covid crisis was created to avoid blaming jews like "last time"? They have Israel now you know? No need for a desperate Madagascar plan now...
Everyone is fed up with the liberal bourgeois so a choice will probably have to be made. Will the very rich support Antifa & cie when they scream "eat the rich"?
Will religious people? Hell no. Will the middle class support a group that hates them? No, at least not the mentally stable white middle class, can't tell for sure for the rest.
Antifa is stupid, believes in Santa Claus, is hostile to everybody, has no sound plan. My chips are on fascists or nationalists or whatever we will see what emerges.
There is a rumor, it says that the EU wants to wait for 2022 french elections to push their agenda because "they fear it will get a populist elected" seriously...
Oh and Macron the president said him and his minister buddies will makes changes so unpopular they would not get re-elected for sure.
Fun fact: In 1830 there was a revolution in France. As it became evident the revolutionary alliance won, in the night the liberal-bourgeoisie placed propaganda signs on walls, and they took over by force, journalists & congressmen stabbed republicans in the back and put liberal-bourgoies in power, with their monarch at the top.
Republicans fixed that in 1848. This was 200 years ago. Journalists and deputies/representatives were already like they are today. Fake news were partisans before Trump called them fake news, they were lying before Goebbels called them the lügenpress. Once you read about and understand what happened in the past, the factions, the tactics, it all becomes really obvious.
In France 1848 was the start of the first industrial wave, with big projects: railroads, textiles, metal melting...
To find economic info about the time you really have to dig in hard. Nobles vanished but instead you got robber barons and oligarchs in general, today we have no nobility (or very little and they are powerless) instead we have the oligarchs. Oligarchs rose probably very similarly to how nobles rose back in the day. They probably have the same qualities lol. Get rid of nobles get oligarchs. Get rid of oligarchs get something new. The people that want to get rid of this class think they are smarted than 1 million year of human history. They are not.
I could go on and on but let's end it here.
They hate Trump but they have no clue... Some will have a brutal awakening!
I'm going to guess that roughly the depression will last 20 years, and the west will continue its long term slowdown-decline of course.
A depression within a larger time frame secular decline. Wave 1.
Trump was just a little preview of what is to come. Traitorous no-compromise liberal bourgeoisie is making sure of it.
STOCKS WON'T TRULY GO UP!THE NOMINAL PRICE OF EQUITIES, PRICED IN U$Ds, MAY VERY WELL CONTINUE TO RISE AND MAKE NEW ALL-TIME HIGHS!
BUT THEY WILL NOT RISE AS FAST AS THE PRICE OF FOOD, OTHER COMMODITIES OR THE PRICE OF PRECIOUS METALS (REAL MONEY)!
THEREFORE, THEIR PURCHASING POWER WILL HAVE IN FACT FALLEN!
Bad apocalyptic news N°19You get 7 this time. The last one is sort of an idea of its own, a delicious dessert. I'll try keeping it rather short and get to the point, just lay out the facts and maybe add a little bit of satisfactory gloating here and there.
> Reports of Interactive Brokers freezing some clients accounts for months with no comm since they got fined by FINRA 🔨
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Sad clients are mad their money is stuck and they are not getting any news.
The prime brokerage got fined a while ago for not enforcing anti laundering laws harshly enough, so now they are very serious about it.
Clients are finding their accounts stuck for months. They are complaining on forums and social networks.
Haha if I move there I'll send a little bit of money and make sure everything works fine before committing anything serious.
Once central banks have their pyramid scheme crypto they can control everything and this kind of stuff won't happen anymore?
> Warren Buffett's deputy reveals 6% stake in Dillard's stock: brainless sheep rush in and the stock rallies 46% right after 🐑
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Greedy mouth breathing bottom chasers & sheep hedge funds (got an idea about those coming tomorrow or soon) reptilian brain fired full power here.
According to Robintrack... Well I think you already know what I will say 😆 Haha I love these kids. The company posted bad results and the share price crashed, dum dums bought, and since it barely went up they started aggressively selling to breakeven. I laughed my lungs out but I am tired of typing the same thing over and over.
Buffett deputy doing pump and dumps now.
Warren Buffett tells people to buy strong companies cut their losses and hold their winners no one bats an eye.
Warren Buffett goes "hey look at this dead bag down 90% I think they might bounce back" people fight each other to buy like they fought for toilet paper in '20.
Noobs have been using Buffett "long term" quotes as an excuse for decades to justify holding worthless bags and buying very sad companies in big trouble.
There is really not much competition in this business these days... All the smart people are doing stat arb and abusing dumb day gamblers, the medium term (1 week - 1 year) are mindless sheep... And the only people holding for years are lazy and mindless passive index bagholders that are about to learn a valuable lesson (even less than 1 year potentially).
> 2007 flashbacks: IMF warns the bank sector is likely to be tested, and warns of permanent economic damage from covid ☄️
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So they dropped the expression "warns of risks", it was getting absolutely ridiculous even brain damaging to ctrl-f one of their reports and find the sentence "warns of risk" 780 times 😆.
They're not even pretending anymore, we're at the stage where they are basically telling everyone it is a good time to panic.
The plebes have no idea but they will learn soon enough, the lesson will be very memorable to them even 🙃
The World Bank said up to 150 million more people may be pushed into extreme poverty by 2021 => "wE hAvE to SAve LivES"
The IMF mentioned a debt crisis, a surprising evaporation of liquidity in the US treasury market.
A couple of quotes:
"Some pre-existing financial vulnerabilities are now intensifying, representing potential headwinds to the recovery"
"The increased links between corporates, banks, and non-bank financial institutions imply that – at some point- fragilities could spread through the entire financial system"
"This is the worst crisis since the Great Depression, and it will take significant innovation on the policy front, at both the national and international levels, to recover from this calamity" - This should not be making me happy right?
"The ascent out of this calamity is likely to be long, uneven, and highly uncertain"
If you want more you can go to their site and check their Global Financial Stability Report and their recent World Economic Outlook.
> Libyan governor warns Oil revenue has dropped to nothing & economic collapse is near. His words "bullet in the head" ☄️
***********************
Libya is one of many Oil countries that is going to end up blowing up. It was already in bad shape since Obama "brought democracy" there.
If you thought ISIS & a few Libyan knife attackers were bad BOY DO I HAVE NEWS FOR YOU.
bUt wE hAd tO sAvE LivEs. We didn't even save anything. A few grandpas with a foot in the grave that were going to die in the next 12 months died a bit earlier. Sorry to anyone that lost someone but we all know this happens eventually. If you think this is bad then just wait till the world collapses into a massive world civil war with "diverse" countries just burning to the ground. Gosh what a mess.
Algeria has almost no cash reserves. We'll just print money to send them. But money isn't stuff. And so the whole world will feel the weight of the "help". You heard of the beefsteak nazi? They were the many communists and antifa "peaceful protestors" that joined the SA (brownshirt), the NSDAP paramilitary branch: Brown on the outside, red on the inside. I doubt many know this. I doubt many know Goebbels the ravenous anti-semite started as a Marxist. Man Goebbels hated jews so much even Himmler went "wtf man". There are videos of Joe where he is so angry about the jewish capitalist media he shakes.
Dammit I was on my way to get rich and NOW is when they are going to massively raise the taxes on the rich. Extreme bad luck to compensate for far above average foresight and intelligence I guess 🤷♂️
I don't even care about the money I just want to be number 1. Zzzz. They don't tax boxing belts or stupid video games elo...
Taxing the rich will make sure dum dums are less angry, but it makes zero difference in PP/poverty. It is just to pay the bankers that hold all this debt.
Let's tax productive people rather than deprive passive oligarch bankers of their profit.
Those idiotic politicians are going to mess up this so much... Like they do with everything... Like pressure from socialist banana republics and other broke dead oil countries wasn't enough. I can't wait for january 2021 the nwo is going to be so stupid they are going to come up with the worst ideas at the worst time.
I need to make a list of countries I can go to. Lay low for a while while the 1000 diverse tribes of Europe kill each other.
> Brrrrr: G7 central banks agree on a set of common principles around their bank-issued Bitcoin inspired pyramid scheme 🖨️
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The BIS + G7 banks have set a framework for a digital currency to work in conjunction with paper money.
"While technology is changing the way we pay, central banks have a duty to safeguard people's trust in our money"
"Central banks must complement their domestic efforts with close cooperation to guide the exploration of central bank digital currencies to identify reliable principles and encourage innovation"
Haven't they done enough already?
> WHO: "We’ve learned" (glad they admit they were wrong and I was right), no lockdown. US dems go "lalala can't hear you" 😏
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The World Bank said up to 150 million more people may be pushed into extreme poverty by 2021
I. WAS. RIGHT. AGAIN. AS. ALWAYS. I got flamed. My idea got banned. People raged at me. And I was right. As I always was.
Called the top of covid. Called the near zero deaths of the "second wave". Called the economic misery it would create. Called the 360 they would make "lockdown was bad after all".
I knew everything well in advance, I was right about everything as I always am. Anyone got anything to say? I was right all along about everything and in every detail. I am much smarter than all of these clown "experts".
Ye whatever it's all in the title, no point for me to add further comments...
Can read more, duckduckgo is your friend.
> OMG: A research paper finds that - you ready? - central bankers are biased on QE by career concerns, imagine my surprise 🖨️
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www.nber.org
"To assess the inherent conflict of interest . We find that central bank papers report larger effects of QE on output and inflation. Central bankers are also more likely to report significant effects of QE on output and to use more positive language in the abstract. Central bankers who report larger QE effects on output experience more favorable career outcomes. A survey of central banks reveals substantial involvement of bank management in research production."
Just like with scientists, politicians, and well everything I guess. Society rewards the spineless and punishes strong men. "Good times make..."
Same as with hedge funds. They are all sheep. They are rewarded for being sheep.
Honestly if you are smart it's not that hard to get decent returns... Almost all professionals are not even trying.
Science is so messed up and I just stopped believing in it. It has become so BS, so absurd, so sensationalistic. It's really dumb.
This is an endless loop that feeds on itself and keeps growing: bad central bankers get promoted in turn they help make bad central bankers (bad influence) and among those bad central bankers the worst ones get promoted... And you end up with an absolute pyramid scheme and idiots that have decided to print infinite money not even exaggerating they said it whatever it takes they will keep printing.
The USA are done. No more reserve currency. They are going to end up with communism or fascism, a big civil war. I wish Euro politicians were less stupid and built their military. They are cluelessly relaxing and leaning on the USA to protect them, but who will protect them from the USA?
It's like "No weapons = no war and no pain" ye tell that to 6 million jews, tell that to the Moriori. Who are the Moriori? Exactly.
☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️☄️
SPY price chart similar to price of DJI during 1929
DJI during Great Depression price in USD is fairly close to S&P 500 index now. During Great Depression it was a 50% pullback followed by a 50-55% gain, followed by another 50% pullback.
On the SPY index it was about a 35% pullback and we are at the top of a 35% run up. Expecting a 38% pullback in the coming months.
6500 Points! Are you a believer? 🇺🇸Happy Labour Day!
The Japan-based holding company, Soft Bank, reportedly purchased billions of dollars worth of equity derivatives in the United States, triggering a month-long rally in technology stocks. The surge in call option trading has surprised even market veterans who specialize in derivatives. Research by Goldman Sachs has shown that on a daily basis, the total value of call options traded on individual Wall Street technology stocks averaged $335 billion in the past two weeks alone, three times the moving average in the 2017-2019 period. This contributed to a sharp overheating of the indices, resulting in the impulsive sell-off that started last week.
Even though the S&P500 is set up for a correction, longer-term, the index will reach significantly higher prices. Our target in the S&P500 remains in the area of 6500 points. Afterward, it´s time to brace yourself and buckle up for the next big sell-off.
SPX Macro Outlook: Spring 2023 @ 1782 On the low time-frame the SPX has a blatantly obvious broadening wedge. This tends to be a bearish pattern, as volatility is increasing to the downside
more so than the upside. From a fundamental analysis perspective, the economy is valued at the highest it has ever been, but the economy is the worst it has been in almost a century. Something has to give...
On the high time-frame notice the trend line support extending more than 50 years to 1975! Assuming out broadening wedge plays out, and we retrace to a major support level, the pertinent question is where and when? I find it likely that the trend line support of our broadening wedge and the trend line support of the last 50 years converge at a critical point: Spring 2023 @ 1782
Analyzing the past two recessions yields interesting information. The 2000 Dot Com Bubble retraced 5.5 years of growth. The 2008 Housing Bubble retraced over 12 years of growth. Assuming the 2020 Everything Bubble retraces to that key support of 1780 and converges with two trend line supports, we will have wiped out over 7 years of growth.
Attached below is a chart made in 1875 identifying the length and magnitude of market cycles. As with any model, there is a degree of error. Nonetheless, it came pretty damn close to predicting the 1913 crash, Roaring 20's, Great Depression, WWII, 1970s stagnation, 1897 crash, housing crash, booming 2010s, and now 2020.
Chart: drive.google.com
Now, this model predicts this depression level correction to end in, you guessed it, 2023... Wow, that lines up with this analysis of Spring 2023 being the bottom @ 1782. How odd...
#SPX - Betting against the market once again Few patterns are forming on the chart
1. we are trading inside a possible Broadening Wedge & about to hit R2 resistance on monthly charts hence looking to enter short position.
2. RSI Divergence -
look on the left, see what happened back in 2019
elections are coming up in November so i think market will top out around that time, i am gonna wait for MONTHLY CANDLE CLOSE BEFORE ENTERING or i will average in my entry but trying to get average around 3450 for the short position. currently monthly candle is super strong i want to see a price rejection & bearish candle stick pattern formed to give more confidence with my short position.
check the timeline for further updates.
there is also a possibility of H&S but i am not sure of it yet, i think we will probably turn this range into an ascending triangle instead if H&S pans out that will mean we are entering in to multiyear recession/Depression!!!!!!!
#notfinancialadvisor
#DoYourOwnResearch
Tsunami of financial disasters are coming at you! Pretty obvious why the markets are pumping at this moment. One of the reasons; Stockmarkets/investors are speculating on the FED to keep PPPRRRR printing dollars.
The key failure of the masses is this: They assume IF we get a vaccine we can move on and economy is saved?! Well done mr. President.
BUUUZZeRR! It’s not going to happen. Yes, we might get a vaccine for covid-19 but NOT for the real problem.
We are about to clash with a comet and destruction will be beyond imagination. We might be heading into the “bears wet dreams” and the bubble of all the new/old investors will burst.
What is happening at this very moment is; smart money moving out of the market and building short positions.
Sure we might see some more upside. Very hard to predict tops of mass- euphoria. The downfall is going to be painful if your not prepared.
Towards mid September I expect us to hit the top after that there are absolutely to many factors that can trigger depression. That’s right I’m eying a depressing not recession.
You now have the choice to either be A: ignorant and keep staring into those headlights.
Or B: act up as the smart money and make sure to not lose money on this one.
Stay safe out there!
Michiel