Hiding in Plain Sight!A massive cup and handle pattern has been completed on Silver!
This same patterns can be seen on the charts of the price of gold and silver in Venezuela and Zimbabwe before their hyperinflations!
Macroeconomics
Manipulation is Ending!As demand for physical gold and silver explode, the banksters' ability to keep prices artificially low are failing!
Scotiabank ended it's 350-year role in the precious metals market and J.P. Morgan (the most infamous manipulator) is no longer net short after the bear trap in March 2020.
The banks who do not terminate their short positions will suffer massive losses as gold and silver prices soar, just like A.I.G., Bear Sterns, The Lehman Brothers and Merill Lynch in 2008!
The Dollar is Going Down!The Federal Reserve is accomplishing its 108-year plan of the total destruction of the U.S. dollar!
While there may be a correction coming, the Euro is clearly a safer currency than the U.S. dollar and will appreciate against it in the long term.
The inter-bank lending market is completely communist at this point, the Federal Reserve is alleviating any semblance of a lack of dollars worldwide, and any remaining reasons to continue using the U.S. dollar as a world reserve currency are rapidly disappearing!
Hyperinflation!The stock market has increased exponentially since 1913! But only priced in fiat paper/digital currency!
When priced in gold , the DJI has and will continue to make lower lows!
You don't hear about the epic crash of 1980, but priced in gold , stocks crashed more in 1980 than in 1929!
Stocks may very well go to the moon, but priced in commodities and tangible assets, they will continue to stagnate and crash!
Hyperinflation!The stock market has increased exponentially since 1913! But only priced in fiat paper/digital currency!
When priced in gold, the DJI has and will continue to make lower lows!
You don't hear about the epic crash of 1980, but priced in gold, stocks crashed more in 1980 than in 1929!
Stocks may very well go to the moon, but priced in commodities and tangible assets, they will continue to stagnate and crash!
BIG RUN IS HERE!SCOTIABANK CLOSED THEIR MASSIVE 200+ YEAR SHORT POSITION AT THE LOWS TWO WEEKS AGO!
GET READY FOR TAKEOFF! NEXT STOP, 35$!
THE BIG SHORT: UPDATE - The Big BTC ShortThe steep angle of ascent as seen in this most recent BTC bull run has occured only twice since 2018 (longer term daily chart), both seeing BTC trade sub $4k vs. USD within the coming weeks.
- Break of trendline support would be confirmation that BTC bulls have exhausted and an equally vicious downside swing is in store
- Shorts on breakouts below the recent uptrend support level open the door high r:r opportunities
- Holding medium to long term short positions with stops above 20k barrier and likely to add to position on a breakout below the recent extreme angle of ascent on trendline support as its provides confirmation of most likely choppy price action followed by a steep downtrend in BTC
Long run, I am long BTC...swing trades on short or long side are to accumulate more BTC holdings.
Trades are based on top down macro-economic fundamentals with technicals primarily applied for risk mgmt purposes to attain high r:r setups
STOCKS WON'T TRULY GO UP!THE NOMINAL PRICE OF EQUITIES, PRICED IN U$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!
UP OR DOWN?INTEREST RATES WOULD RISE IF PRICES WERE TRULY DETERMINED BY FREE MARKET SUPPLY AND DEMAND!
BUT THE CENTRAL BANKS WILL MONETIZE EVERY GOVERNMENT BOND IN EXISTENCE BEFORE THEY ALLOW YIELDS TO ENDANGER THE SOLVENCY OF ANY GOVERNMENT!
IF THERE IS AN EXPLOSION IN YIELDS, FORCING CENTRAL BANKS TO ENGAGE IN UNPRECEDENTED LEVELS OF MONETIZATION, THIS WILL UNDERMINE FAITH IN THE PURCHASING POWER OF CURRENCY, LEADING TO A COMPLETE SELL-OFF IN ALL BOND MARKETS, FORCING OVERALL INTEREST RATES MUCH HIGHER!
THE INEVITABLE OUTCOME OF ALL THE ACTIONS OF THE CENTRAL BANKS AND THE OVERALL IMPLOSION OF THE FINANCIAL SYSTEM IS CLEAR: HYPERINFLATION!
HYPERINFLATION! VOLATILITY!AMERICAN EQUITIES ARE SO COMPLETELY OVERVALUED, THEIR SHARES NO LONGER REFLECT ANY SEMBLANCE OF ECONOMIC REALITY OR POTENTIAL PROFITABILITY!
DESPITE THIS THEY MAY VERY WELL MAKE NEW ALL-TIME HIGHS, BUT ADJUSTED FOR INFLATION (THE ACTUAL RATE, OF COURSE), THEY WILL BE IMPLODING!
THIS IS BECAUSE THE DOLLAR WILL FALL SO HARD, ALL PRICES WILL RISE!
THE UNCERTAINTY OF THE ELECTION AND THE COMPLETELY VAPORIZED GLOBAL ECONOMY WILL OF COURSE CREATE A GREAT AMOUNT OF VOLATILITY IN ALL MARKETS!
BUT OUTSIDE OF BONDS, ALL PRICES WILL INEVITABLY EXPLODE! THIS IS THE SCENARIO THAT MANY EXPERTS HAVE BEEN PREDICTING FOR DECADES!
IF YOU DO NOT ALREADY HAVE FORMS OF PROTECTION, IT MAY ALREADY BE TOO LATE!
DOLLAR IMPLOSION!THERE IS SIMPLY TOO MUCH EVIDENCE SUGGESTING AN IMMINENT DOLLAR CRASH!
FISCAL DEFICITS, FEDERAL RESERVE DEBT MONETIZATION, AN UNSOUND ECONOMY, CIVIL UNREST, POLITICAL DIVISION AND AN OVERALL ABANDONMENT OF TRADITIONAL AMERICAN VALUES ARE ALL DOMESTIC FACTORS DIMINISHING DEMAND FOR THE U$D AND SLOWLY ERODING ITS RESERVE CURRENCY STATUS!
I BELIEVED THE DOLLAR WOULD SHOW STRENGTH HEADING INTO 2021 (AFTER ACCURATELY PREDICTING A CRASH DURING 2020), AND THIS MAY STILL OCCUR, BUT I NOW BELIEVE THE ELECTION AND THE EVENTS THAT WILL SUBSEQUENTLY UNFOLD WILL TRIGGER A TOTAL IMPLOSION OF DOLLAR EXCHANGE RATES!
HYPERINFLATION!WHOEVER WINS THE ELECTION, THE DOLLAR IS GOING TO IMPLODE!
THEY WILL MANIPULATE COMMODITY PRICES AS LOW AS THEY CAN BUT A PRICE EXPLOSION IS INEVITABLE!
MORE SELLING?THE ONLY QUESTION IS WHICH IS A BIGGER BUBBLE: EQUITIES AND REAL ESTATE? OR CURRENCIES AND BONDS?
I BELIEVE THE BIGGEST BUBBLE IS IN THE PURCHASING POWER OF CURRENCIES, BUT THERE MAY BE ANOTHER WAVE OF ILLIQUIDITY!
STOCKS AND REAL ESTATE MIGHT SELL OFF AGAIN!
PRECIOUS METALS MAY GET THROWN OUT WITH THE BATH WATER!
A GREAT RE-ACCUMULATION OPPORTUNITY WILL ARISE IN REAL ASSETS IF SO!
MORE SELLING?THE ONLY QUESTION IS WHICH IS A BIGGER BUBBLE: EQUITIES AND REAL ESTATE? OR CURRENCIES AND BONDS?
I BELIEVE THE BIGGEST BUBBLE IS IN THE PURCHASING POWER OF CURRENCIES, BUT THERE MAY BE ANOTHER WAVE OF ILLIQUIDITY!
STOCKS AND REAL ESTATE MIGHT SELL OFF AGAIN!
PRECIOUS METALS MAY GET THROWN OUT WITH THE BATH WATER!
A GREAT RE-ACCUMULATION OPPORTUNITY WILL ARISE IN REAL ASSETS IF SO!
SILVER REMAINS KING! HYPERINFLATION!SILVER IS AND WILL BE THE BEST PERFORMING ASSET OF THE 2020s!
PRECIOUS METALS HAVE SHARPLY INCREASED IN PRICE DUE TO RISING INFLATION EXPECTATIONS!
OIL REMAINS CHEAP BECAUSE OF BROKEN AND DYING GLOBAL TRADE!
OTHER COMMODITY PRICES ARE INCREASING AS SUPPLY CHAINS COME UNDER PRESSURE AND DEMAND IS FUELED BY CREDIT EXPANSION AND GOVERNMENT DEFICITS!
CORPORATE BOND PRICES ARE BEING JAWBONED HIGHER BY CENTRAL BANK OFFICIALS AND THEIR OFF-THE-BALANCE SHEET MANIPULATION!
REAL ESTATE BOND PRICES ARE ONLY SLIGHTLY LOWER AS URBAN AND COMMERCIAL REAL ESTATE MARKETS HAVE ESSENTIALLY IMPLODED BUT CENTRAL BANK INTERVENTION IN CREDIT MARKETS HAS PREVENTED A COMPLETE CREDIT FREEZE AND SELL-OFF...FOR NOW!
GOVERNMENT BOND PRICES REMAIN ELEVATED AS UNCERTAINTY AND ILLIQUIDITY HAVE PUSHED CAPITAL INTO DEFENSIVE ASSETS AND CENTRAL BANKS HAVE MONETIZED DEFICITS AT AN UNPRECEDENTED PACE, BUT INFLATION EXPECTATIONS, ESPECIALLY FROM ABROAD, HAVE PREVENTED A FURTHER FALL IN YIELDS!
MEANWHILE, EQUITIES HAVE BEEN BID HIGHER THROUGH CURRENCY DARK POOLS AND FEDERAL EXPENDITURE!
THE GLOBAL ECONOMY HAS ENTERED THE GREATER DEPRESSION, AS MANY EXPERTS PREDICTED WOULD HAPPEN FOR YEARS! HOW THE NEXT DECADE PLAYS OUT WILL BE THE DEFINING EVENT OF OUR LIFETIMES! HYPERINFLATION IS NOT ONLY POSSIBLE BUT LIKELY!
U$D CRASH IN 2021-2022!WARREN BUFFET HAS BEEN DIVERSIFYING OUT OF EXPOSURE TO THE AMERICAN ECONOMY! HE RECENTLY INVESTED IN THE JAPANESE FINANCIAL SECTOR!
USD/JPY IS FORMING A MASSIVE DESCENDING TRIANGLE! THE U$D IS ENTERING A PERIOD OF UNPRECEDENTED PERIOD OF WEAKNESS!
PETER SCHIFF WILL BE PROVEN CORRECT!