Hyperinflation
MAKE OR BREAK!MAKE OR BREAK MOMENT FOR STOCK!
WE COULD SEE NEW HIGHS COMING FOR THE DOW!
OR ANOTHER BRUTAL DOWN LEG!
IT IS ALSO QUITE CLEAR THAT THE NASDAQ AND GROWTH STOCKS HAVE SIMPLY BECOME A LEVERAGED PLAY ON OVERALL STOCKS WITH NO SPECIFIC FUNDAMENTALS OF THEIR OWN, SO IF YOU THINK THEY ARE GOING HIGHER, PILE IN!
HYPERINFLATION UPDATE!TURKEY'S CURRENCY IS UNDERGOING A CLASSIC PROCESS OF DESTRUCTION!
CONTINUAL FISCAL DEFICITS AND BANK CREDIT EXPANSION (FUELED BY ARTIFICIALLY SUPPRESSED GLOBAL INTEREST RATES) HAVE PROVIDED AN ABUNDANT SUPPLY OF CURRENCY, WHILE WAR, CORRUPTION, A GLOBAL DEPRESSION AND MANY DOMESTIC/INTERNATIONAL FACTORS HAVE LEAD TO DIMINISHING DEMAND FOR THE TURKISH LIRA!
AS LIRAS ARE SOLD FOR ASSETS AND OTHER CURRENCIES (I.E. AS DEMAND FOR THE LIRA FALLS), MONEY VELOCITY INCREASES, LEADING TO RISING PRICES AND AN EROSION OF THE LIRA'S PURCHASING POWER!
WITHIN A FEW YEARS, ONCE THE LIRA HAS BEEN COMPLETELY HYPER-INFLATED AND TURKEY HAS SUFFERED A COMPLETE ECONOMIC COLLAPSE THE LIKES OF VENEZUELA AND LEBANON RECENTLY, YOU WILL HEAR FROM KEYNESIANS AND OTHER PSEUDO-EXPERTS THAT SOME ARBITRARY FACTOR WAS FUNDAMENTALLY RESPONSIBLE!
DO NOT BE FOOLED, THE CAUSE OF ANY FALLING EXCHANGE RATE IS INFLATION, AN INCREASING SUPPLY OF CURRENCY!
THE NEXT STEP IN THIS PROCESS OF CURRENCY DESTRUCTION IS ACCELERATING CONSUMER GOODS PRICE INFLATION!
THESE NUMBERS WILL MORE THAN LIKELY BE DISTORTED BY THE TURKISH GOVERNMENT AND WILL THEREFORE BE DIFFICULT TO TRULY MEASURE!
THE TURKISH STOCK MARKET WILL SEE EXTREME VOLATILITY AND AN WOULD BE A GOOD PLAY IF IT EXISTED!
PRAY FOR THE PEOPLE OF TURKEY! PRAY FOR AN END TO GLOBAL FASCISM!
UNDERSTAND MACRO-FINANCE!WHILE ALL PRICES HAVE RISEN SINCE 1913 (THE CREATION OF THE FEDERAL RESERVE), SOME HAVE DONE SO MORE THAN OTHERS!
THE FINANCIAL SYSTEM HAS BECOME SO LARGE AND COMPLEX THAT IT IS IMPOSSIBLE TO TRACE THE ACTUAL SIZE OF THE ENTIRE MONEY SUPPLY ( M3 )!
WHEN IT COMES TO ESTIMATION, YOUR GUESS IS AS GOOD AS ANY EXPERT'S!
THE ONLY WAY TO DETERMINE IF M3 IS RISING OR FALLING IS BY LOOKING AT THE PRICE OF OIL , THE PRICE OF THE 1-MONTH TREASURY BILL AND THE YIELD CURVE, ALL OF WHICH INDICATE THERE WAS A DEFLATIONARY PERIOD AT THE BEGINNING OF 2020!
STOCKS, WHICH ARE THE MOST FINANCIALIZED ASSET CLASS, HAVE SEEN THE GREATEST INCREASE IN PRICE, BECAUSE MUCH OF THE CREDIT THAT THE FINANCIAL SYSTEM CREATES BIDS UP THEIR PRICE BEFORE ANYTHING ELSE!
COPPER AND OIL , THE PRICES OF WHICH ARE MUCH MORE IMPACTED BY SUPPLY AND DEMAND CONDITIONS WITHIN THE REAL ECONOMY, HAVE BARELY MOVED IN COMPARISON AND REFLECT THE LACK OF REAL ECONOMIC GROWTH FOR THE PAST HALF CENTURY!
GOLD , FOR ANYONE WHO CONSIDERS ITS PRICE EVEN REMOTELY ELEVATED, HAS BARELY EVEN KEPT UP WITH THE INCREASE IN M2 (WHICH INCLUDES PHYSICAL CURRENCY, CHEQUING ACCOUNTS AND SOME SAVINGS ACCOUNTS).
THROUGHOUT HISTORY, THE MARKET CAPITALIZATION OF GOLD HAS ALWAYS EVENTUALLY MATCHED THE TOTAL MONEY SUPPLY, AND THEREFORE THE PRICE OF GOLD MUST INCREASE BY SEVERAL TIMES EVEN FROM HERE TO BE VALUED CORRECTLY!
NEW HIGHS FOR OIL COMING!OIL IS THE LIFEBLOOD OF THE GLOBAL ECONOMY, IT HAS VALUE!
THE FACT IT IS SO HATED RIGHT NOW INDICATES IT IS A GOOD PURCHASE!
FIAT CURRENCY UNITS ARE WORTHLESS, THERE ARE SO MANY OF THEM FLOATING AROUND SLOWLY ESCAPING THE FINANCIAL SYSTEM AND FINDING TANGIBLE RESOURCES!
EVENTUALLY ALL PRICES WILL MAKE NEW HIGHS, AND NEW HIGHS FOR OIL PRICES WILL BE THE HARBINGER OF THAT EVENT!
BUY HAND OVER FIST!THE RECENT 8.205$ CORRECTION WAS SIZABLE AFTER THE PRICE OF SILVER ALMOST TRIPLED IN LESS THAN 5 MONTHS!
THIS IS MOST LIKELY DUE TO THE VAST AMOUNT OF NAKED SILVER SHORTS UNLOADED ONTO THE COMEX MARKET BY BULLION BANKS!
THIS IS A GOOD PRICE TO RE-ACCUMULATE HOLDINGS OF SILVER!
THE 26-32$ PRICE RANGE OFFERS CONSIDERABLE SUPPLY, BUT WHEN IT HAS BEEN ABSORBED BY GREATER DEMAND, THE PRICE OF SILVER WILL FLY!
2ND COVID 19 WAVE AROUND THE GLOBE ~ (hyperinflation crash soon)-Yurlo
Good morning to the trading community. I hope you've all had a fantastic week within your personal life but most importantly in your trading journey. We've recently seen wave 2 of covid 19 start to surface around the world. Every country around the globe has been printing $$$ to prevent inflation/hyperinflation to occur. Has this stopped the economy/stock market from crashing before? NOPE so what makes you think they can stop it again? The answer is THEY CAN'T. What we're about to witness in this world will go down as the worst crash since 1920's. What happened after the great 1920 crash? The cold war, which helped create jobs and help boost the economy which took YEARS AND YEARS to stabilize.
Are we going to see a repeat of this in the next decade?
Downtrend initiated on August 17th, 2020. Since this date we've had 4 validation touches on the trend-line which gives a trend strength.
2nd touch: September 1st
3rd touch: September 19th
What we've seen is a possible exit pump for the players that got trapped to get out or close and open a new short position before all hell breaks lose.
Get ready for hell because it's coming and there's nothing any of you can do about it.
Enjoy your weekend fella's.
GLOBAL CRASH INBOUND?As charted, everytime we see a Ichimoku CLoud break in the VIX ( Volatility S&P 500 Index ) we see a strong rally out of it. The most recent example of this is on the 13th Feb 2020.
Inversely proportional to the VIX , the S&P 500 Index has massive negative price action, represented on the 21st Feb 2020.
Coincidence? I think not...
Since the beginning of COVID19 governments around the world have been scrambling to control there domestic economies by all means necessary. It's of no secret that there is a huge amount of Global Hyperinflation and we are starting to really feel the effects of what this virus has done.
Nothing is guaranteed and we have deflected out of Ichimoku Clouds before to stabilise as represented most recently on the 31st July 2020, (Remember though that the S&P 500 still dropped close to 6%)
Currently looking at price action on the S&P 500 Index entering the cloud doesn't fill me with confidence, along with the VIX ( Volatility ) shaping up to break through the cloud and destabilise the S&P 500 .
This isn't just isolated to the S&P 500 Index , check out all the other Major Indexes to see the relationship.
America is about to enter "Flu season" (Winter) and it has the Presidential Election coming up. This could be shaping up for a BIG ONE....
Will history repeat?
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTA. Happy Hunting!!! *Prices will differ depending on charts used
A micro cap gold explorer/miner with decent LT technicals.My kid's soccer practice got canceled this morning, so I thought I'd take another look at Scorpio Gold Corporation (my current favorite). The chart is showing some strong signals that are what I believe, signaling a meaningful move to the upside. My overarching thesis is Gold will hit $2400 by EOY. For extra torque, juniors will vastly outperform in a $2400 gold environment.
IS BUFFET RIGHT?WARREN "NEVER BET AGAINST AMERICA" BUFFETT IS CLEARLY DIVERSIFYING OUT OF THE U.S. DOLLAR!
HE HAS RECENTLY LOADED UP ON SHARES OF "UNDERVALUED "JAPANESE FINANCIAL GIANTS!
THE QUESTION IS, IS JAPAN THE RIGHT PLACE FOR LONG TERM INVESTMENT?
I WOULD CONTEND THAT IF YOU SEE A GRIM FUTURE FOR THE WESTERN WORLD, ASIA IS THE PLACE TO BE!
JAPAN'S PRODUCTIVITY AND THEIR HIGHLY HOMOGENEOUS CULTURE (UNLIKE THE WEST) MAKES THEM AN ALLURING PROSPECT!