CHARLES HOSKINSON REITERATES STANCE AGAINST XRP HARASSMENTCHARLES HOSKINSON REITERATES STANCE AGAINST XRP HARASSMENT
Charles Hoskinson, the founder of Cardano, has reiterated his critical stance toward the XRP community, labeling it as toxic and petty.
Hoskinson has consistently faced harassment from the XRP community for over two years, reinforcing his firm stance against them.
There is a clear lack of technical alignment and different market focuses between Cardano and Ripple, the company behind XRP.
A surge in high-value account transfers
Since October 23, when Robinhood began offering a 1% match on transferred brokerage accounts, the platform has seen about $1.1 billion in account transfers. This surge in transfers, especially from larger brokerages like Charles Schwab, Fidelity Investments, and Morgan Stanley’s E*Trade, indicates Robinhood’s growing appeal to a more affluent clientele.
Over 150 account transfers have exceeded $1 million, showcasing the platform’s successful enticement of wealthier investors. This trend is notable, given Robinhood’s previous focus on younger, novice investors and its comparatively smaller size in the brokerage industry.
Despite Robinhood’s assets under custody totaling $94 billion at the end of November, it pales in comparison to giants like Schwab, with $8.2 trillion, and Fidelity and Morgan Stanley, with trillions in assets under administration and total client assets, respectively. However, the influx of high-value accounts highlights the platform’s potential to disrupt the traditional brokerage landscape and appeal to a broader market segment.
Markets
One more chance to buy the dip 32k level is a strong support and resistance level. In history we can see that price had moved substantially from this level. Looking at the daily chart, we see the break of the 32k level, but not retested as support. All the hype about the ETF and the halving I think has giving us some great insight as to what is to come in the future. With that being said looking at the timing of everything, I would not be surprised to see one more sell off. Price will need to find support and a little more accumulation before the next run. We may never see BTC prices this low again and im sure the big players are going to want to beat price down a little beforehand.
Im expecting a nice pump up to the 52- 55k level before a final pull back to the 32k level.
Thoughts or comments welcome CRYPTO:BTCUSD
Major Market Correlations Between Yields, Stocks And USDollarIn 2022, the stock market took a hit and the US Dollar gained strength due to higher yields in the US. Toward the end of that year, as yields eased off, the US Dollar lost some of its power, and this coincided with a rebound in stock market performance.
Now, as yields are climbing once again, the US Dollar is regaining strength, but it seems like stocks are beginning to lose their previous momentum. However, the situation might shift if these rising yields are in the process of completing their fifth wave and are on the verge of slowing down. In that case, the US Dollar could actually become weaker again, and the stock market might continue its upward trend. Of course a lot will depend on the FED policy decisions, where dollar can turn down if FED will stop the hiking cycle. Well, a lot will depend on the US data, so market participants will surely watch the NFP very closely tomorrow.
BINANCE, COINBASE, AND KRAKEN ADAPT NEW VENTURE CAPITAL TACTICS BINANCE, COINBASE, AND KRAKEN ADAPT NEW VENTURE CAPITAL TACTICS AMID CRYPTO MARKET CHANGES
Binance Labs now focuses on supporting startups with actual products and revenue, moving away from projects based solely on hype.
Coinbase Ventures is shifting its investment focus towards startups outside the United States, particularly in India, Singapore, Australia, and the UK.
Kraken Ventures observes that early-stage companies have valuations of about $10 million to $30 million, indicating sustained interest in new ventures despite broader market changes.
Key players like Binance Labs, Coinbase Ventures, and Kraken Ventures are recalibrating their investment strategies in response to evolving market conditions, according to a Bloomberg report. This shift is characterized by a focus on sustainable investments and geographical diversification.
Market Update - November 3rd 2023
Bitcoin holds onto gains as a golden cross appears: Bitcoin (BTC) consolidated around $35k USD this week after its price action exhibited a “golden cross” on the daily BTC chart. Market observers have suggested that such price action could portend a continued upward trajectory for the leading crypto.
Sam Bankman-Fried found guilty on all counts: Sam Bankman-Fried, the founder and former CEO of FTX, was found guilty on all seven counts. He faces up to over 100 years in prison. The sentencing hearing is tentatively set for March 28, 2024. In closing arguments this week, prosecutors argued that SBF built his FTX empire on a “foundation of lies and false promises” describing him squarely as a liar who fabricated a “pyramid of deceit.” The defense sought to convince the jury that SBF had simply made mistakes that culminated in the collapse of his once $32 billion empire.
Solana leads altcoin charge as ether lags: Altcoins performed well this week, with Solana (SOL) a notable outperformer, rallying 24%. Research analysts have pointed to SOL’s high throughput and growing developer activity as fundamental catalysts for the rally. Other notable high-performers include Decentraland (MANA) +16%, Uniswap (UNI) +13%, Cardano (ADA) +11%, Polkadot (DOT) +11% and Ripple (XRP) +11%. Ether (ETH) prices did not follow suit gaining around 1.7% this week.
Federal Reserve holds rates steady and yields continue to dip: The Federal Reserve held its target interest range between 5.25%-5.5% this week. The Fed did not rule out the possibility of future interest hikes depending on economic data, whereas most analysts have ruled out any additional hikes this year. Treasury yields continued their decline, with the 10-year treasury yield dropping 12 basis points after the Fed meeting.
📊Topic of the Week: Technical Analysis
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The Bond Market is Pricing in a Collapse of The Yen Carry TradeThe spread between the US10Y and JP10Y has historically been a great leading indicator of contraction within the Yen Carry Trade and likely will be into the future.
If we were to apply TA to it, we can see that the spread appears to be Double Topping and has formed a Bearish Shark at this top as the RSI breaks down and the MACD Diverges. If we are to take this as a warning, then we should expect this spread to go down significantly, and that would be accompanied by the contraction of the Carry Trade, leading to lower liquidity and signfiicantly tighter credit conditions and ultimately a depreciation in market pricing.
I think we could see JPY and USD strength during this time but would avoid other currencies.
Why Burry Bet Against the US MarketBurry has frequently expressed his views on Twitter (X), asserting that the market has not made a genuine recovery and is headed for a recession. He believes it's just a matter of time before we witness the ultimate impact.
Many individuals consider Burry to be an extreme pessimist, contending that he consistently focuses on the negative aspects. However, in the lead-up to the 2008 market crash, people also criticized him for being overly pessimistic and opposed his ideas.
The purpose of this post is to delve into his perspectives and examine some recent information I've been investigating in order to determine whether the market situation is indeed in line with his claims
Who is Michael Burry?
Michael Burry is a renowned American investor and former hedge fund manager. He gained widespread recognition for accurately predicting the 2008 financial crisis and profiting from it through his hedge fund, Scion Capital. Burry is also known for his contrarian investment style and is a proponent of value investing. His story is prominently featured in Michael Lewis's book, "The Big Short.”
Today, we will examine data that reveals the current state of the American market. Through this data, we will learn to understand the reasons behind why the market may be weaker than it appears, despite all the hype and the notion that the American market has "recovered.”
What’s Burry Concerns
Economic Concerns: Despite positive stock market performance and GDP projections, Burry, along with other notable investors like Warren Buffett, sees potential issues in the global economy.
Federal Reserve Actions: Burry and others believe this situation is unsustainable and may lead to economic stagnation next year, characterized by weak growth, rising inflation, and labor shortages.
1. Michael Burry said is
Velocity is nominal GDP/Money Supply (M2 here). QT + higher rates starting to use M2 down. Yet we are seeing a tick up in velocity, emerging from narrative obscurity, In 1978-79, rising velocity trumped failing money supply to drive inflation higher and higher redux would shock
Full Explanation:
"Velocity" is like the speed at which money moves in the economy.
Imagine money as a car. The car's speed (velocity) is how fast it's moving.
"Nominal GDP" is the total value of goods and services produced in the economy.
"M2" is a measure of the money supply, including things like cash, checking accounts, and savings accounts.
Now, let's break it down:
If the economy's car (money) is moving faster (velocity), it can boost economic growth (Nominal GDP).
"QT" means Quantitative Tightening, which is when the central bank reduces the amount of money in the economy. "Higher rates" means they raise interest rates.
When you reduce the amount of money (QT) and raise interest rates, the car (money) slows down (Velocity decreases).
When you reduce the amount of money (QT) and raise interest rates, the car (money) slows down (Velocity decreases).
Recently, we've seen the car (Velocity) speeding up, even though the central bank has been reducing money (QT) and increasing interest rates.
In the late 1970s (1978-79), a similar thing happened. The car's speed (Velocity) became more important than the amount of money (Money Supply) in driving up prices (inflation).
"Redux" means a repeat of something. So, the statement suggests that if we see a repeat of the 1978-79 situation, it would be surprising and could lead to higher inflation.
In simple terms, it's like saying that even though the central bank is trying to slow down the economy by reducing money and raising interest rates, we're still seeing fast economic growth. This reminds us of a situation in the late 1970s when fast economic growth led to higher prices. If this happens again, it would be surprising and could cause inflation.
2.The second thing Burry believes is that there is a bubble in the housing market, similar to the one in 2008.
Instructions chat above
green (rising market)
yellow (small drop market)
Red (absolute bear market)
He believes that housing prices are over inflated and that many homeowners are still carrying significant levels of debt he is warned that a housing market downturn could trigger a wave of default that would Ripple through the banking system and The Wider economy finally bury has expressed concern about the vulnerability of the banking system which he believes is over leveraged and under-capitalized he has warned that a wave of bank failures could trigger a major crisis similar to the 2008 financial crisis overall buries prediction that another major financial crisis is on the horizon.
Explanation for chart above
As you can see from the chart , we are not yet showing strong signs of a collapse like in 2008. However, there is a chain of signs that it is beginning to slow down and approach a potential downturn.
When a higher time frame displays characteristics in yellow between red, there is a chance of an impending collapse.
For now, we must treat this information as neutral and avoid letting our biases guide us.
3.The Third thing is Burry concern about the current state of the stock market.
Instructions chat above
green (rising market)
yellow (small drop market)
Red (absolute bear market)
Bury has expressed concern about the current state of the stock market, the housing market, and the banking system, all of which he believes are overvalued and vulnerable to a major downturn. Burry has also expressed concern about the high levels of debt in the U.S. economy, which he believes are unsustainable and could trigger a major crisis. He has pointed to the rising levels of corporate and government debt, as well as the growing number of (companies that can only service their debt but not pay it down), as evidence of this. Burry has also expressed concern about the current state of the stock market, which he believes is again overvalued and driven by speculation rather than fundamentals.
Explanation for chart above
As you can see in the chart, the market has not yet fully recovered despite the recent increases in the S&P 500 and NASDAQ. It's evident that the rally is weak compared to previous years. This analysis indicates a temporary market weakening, with no strong signs of a full recovery at the moment
Let's now take a deeper dive into less visible yet crucial information. We'll focus on areas that require understanding their unusual aspects and the reasons behind them. What do I mean?
To uncover something unusual, patience and extensive economic research are required. Through this process, we can discover intriguing insights that provide valuable context to the economic situation in the USA.
For example, let's examine:
a. M2 - MONEY SUPPLY
In the graph, you'll notice something that hasn't occurred since 1963. With the help of a tool, we can observe periods of increase (green) and slight decrease (yellow), but no instances of absolute decrease (red).
What does this signify?
What's the context behind it? After conducting research, I found an explanation. I'm referring to:
Financial Stress and Banking Issues: A sharp decline in M2 may indicate underlying financial stress or problems within the banking and financial sector. This is a significant reason as it highlights potential vulnerabilities in the financial system, which could have broader implications for the economy. It might prompt regulators and policymakers to address these issues to prevent a more severe crisis.
Do you still find this unremarkable? Remember, this is just one perspective on the situation.
b. Unemployment Rate
It is crucial to examine the Unemployment Rate, and I've specifically focused on the Unemployment Rate in California. This is because, in the end, the fundamental Unemployment Rate tends to converge to a similar outcome.
Currently, in the graph, we observe the color white, which indicates the start of an uptick in unemployment, representing slow growth.
White denotes a slow growth momentum or a potentially deceptive rally.
Therefore, it's important to note that we have not yet reached the green phase, which signifies a definite increase in the Unemployment Rate. Historically, every time the Unemployment Rate has turned green, it has been followed by an economic downturn.
it is essential to remain vigilant. If the Unemployment Rate continues to rise steadily, it may lead to economic stress. On the other hand, if M2 money supply is shrinking or experiencing volatility while the Unemployment Rate is increasing, it points to economic stress and potential issues. A declining money supply reflects reduced liquidity, making it harder for businesses to access capital for growth and causing financial stress. Simultaneously, a rising Unemployment Rate indicates that more people are struggling to secure jobs, further straining the economy. This situation can result in reduced consumer spending, decreased investment, and heightened economic uncertainty, potentially contributing to a market downturn or recession.
c. Gold Investors
Currently, there's something intriguing happening among certain investors worldwide. Over the past few months, some investors have been stockpiling gold.
Since March 2023, gold has displayed a (green) signal, indicating a bullish trend. This suggests that people have been accumulating gold from March until now, similar to the trend seen in 2003.
It's possible that some investors perceive the market as risky and view gold as a safety net. However, it's important to note that there can be instances of deception, as seen in 2016 and 2017 when gold turned green but didn't perform significantly and even dropped by 10 percent on three occasions.
Such situations occur periodically and not consistently. For instance, investors also purchased gold from 2019 until the end of 2021 (despite the significant impact of COVID-19 starting in 2020), indicating that some investors can spot signs ahead of time.
There are more examples from the past. Hence, it's fascinating to closely monitor recent developments in the gold market to see if it can break records or experiences setbacks like in 2016-2017.
There are many more examples, but I will stop here. The purpose of this post is to emphasize that thinking outside the box is often more fruitful. Instead of sticking to a linear approach, gather as much information as possible, seek connections between two factors, then three, and continue to cross-reference vast datasets.
By effectively cross-referencing, we enhance our ability to assess probabilities and reduce uncertainty. This reflects my personal viewpoint.
I observe that the market has reached a plateau in the SP500, NASDAQ, and most markets. There is a possibility that this is a temporary phase, or it may indicate an impending decline. My focus is on monitoring real-time data and responding accordingly, rather than attempting to predict the future.
Whenever I perceive the market as (red), I take action. Likewise, when I see it as (green), I take action. Ultimately, my goal is to remain adaptable and respond to prevailing market conditions.
In the future, I will continue to provide updates in the event of shifts in market conditions, inflation, new data, and additional information. This will contribute to assembling a comprehensive puzzle that offers clarity on the overall situation.
HBARUSDT.PRecently, a list of cryptocurrencies that follow ISO 20022 has been revealed, showing how digital assets are becoming part of the global financial system.
In the ever-changing world of financial communication, ISO 20022 stands out as a crucial standard that creates a common financial language and structure. Including cryptocurrencies in this standardized system is a big step towards making them globally accepted and compatible with traditional financial systems. This progress is reflected in the ISO 20022 crypto-list, which is a detailed inventory of digital assets that meet these strict standards.
In response to this significant change, many cryptocurrencies have shown their compatibility with the ISO 20022 standard. This alignment not only brings these digital assets into the global financial arena but also positions them for potential growth once the standard is universally adopted.
Hedera Hashgraph stands out with its Hashgraph consensus, providing a scalable, secure, and fair platform for decentralized applications. HBAR, its native token, plays a crucial role in transaction fees, network security, and consensus.
BE CLEVER AND CHOOSE YOUR SIDE THEN TRADE THE ADVICE .
If u want to have more our private idea text us.
Short position
🔻 SELL HBAR
📌Entry: 0.05207
🚫 SL: 0.06519 ( -25.37% )
✔️ TP: 0.01550 ( +70.19 % )
Long position
🔺 BUY HBAR
📌Entry: 0.05207
🚫 SL: 0.04535 ( -14.83% )
✔️ TP: 0.107 ( +105.49 % )
Bitcoin $BTC #btc This chart was drawn with full animation and given LAST YEAR with full description on going up from $18k range when everyone was telling you to get out and we are going to $8k- FWB:13K range.
It was also stated after the 1st trip to FWB:31K that we would go back to FWB:25K Before going up to these exact ranges. I have not moved these markings and i gave you the BIG GOLD star and the checkered flag.
Months ago.
TOMOUSDT.PTOMO has a good position to sell, let's see what happens.
BE CLEVER AND CHOOSE YOUR SIDE THEN TRADE THE ADVICE .
If u want to have more our private idea text us.
Long position
🔻 Buy TOMO
📌Entry: 1.56
🚫 SL: 1.64 ( -5.08%)
🚫 TP: 1.31 ( +15.97 %)
LTCUSDT.Poday, the price of Litecoin stands at $64, backed by a 24-hour trading volume amounting to $234 million. With a market capitalization of $$4,735 billion. Over the past 24 hours, the LTC price has seen a 3.94% increase.
The LTC price analysis for 22 October confirms that bulls are attempting to prevent a downward rally as LTC price met a surge in buying pressure and is exponentially surging toward $66. Over the last few hours, LTC price flashed high buying pressure in an effort to meet buyers’ demand.
Analyzing the daily price chart, Litecoin price is currently experiencing buying activity as it made a buying pressure from the low of $60.
BE CLEVER AND CHOOSE YOUR SIDE THEN TRADE THE ADVICE .
If u want to have more our private idea text us.
Long position
🔻 Buy LTC
📌Entry: 62.50 - 62
🚫 SL: 59.50 - 59 ( -4.80 %)
🚫 TP: 70.10 ( +12.20 %)
5 RULES DISCIPLINED TRADERS FOLLOW 👨🎓Hey guys! In this article you will learn about 5 RULES DISCIPLINED TRADERS FOLLOW, let's dive in it!
But before you do so, make sure you follow my page and turn TradingView notifications ON! Let's go!
1️⃣ Follow Financial Plan, Do Not Go All In
A trading plan is a written set of rules that specifies a trader's entry, exit, and money management criteria for every buy or sell entry.
Do not go all in! Want to lose most or all of your money real fast? Make outsized trading bets, like a roulette player betting it all on red or black.
In fact, big trading bets are a form of gambling.
So avoid gambling, stop going “all in” in single stock or coin.
Start planning your investments, invest in the long-term at least 10% of your income every month in markets and other assets. If you invest a certain amount every month, you are buying shares in good times as well as bad times.
In good times, the value of your shares increase. If you keep your cool and stick with the plan even when the market is down, you get more shares for your money. These additional shares boost investment returns when the market rebounds.
This is a big part of the reason why regular stock investors get a higher long-term return compared to safer investments despite the temporary ups and downs in the market.
A long-term investor has a minimum of a 20-year time horizon; this time frame enables them to avoid playing it safe and to instead take measured risks, which can ultimately pay off in the long run.
2️⃣ Treat Trading Like A Business
To be successful, you must approach trading as a full- or part-time business, not as a hobby or a job.
If it's approached as a hobby, there is no real commitment to learning. If it's a job, it can be frustrating because there is no regular paycheck.
Trading is a business and incurs expenses, losses, taxes, uncertainty, stress, and risk. As a trader, you are essentially a small business owner and you must research and strategize to maximize your business's potential.
Think in Long term – Don’t trade like you are going to retire tomorrow
Have a Clean Trading Office That inspire you
Have a trading Plan for Your Trading Business
Don’t Present Yourself all Over the Market – Have a Proper EDGE over the Market
Have a Strict Daily Trading Routine & Follow it Continuously
Always Protect Your Trading Capital
Have Solid Trading Journal
3️⃣ Don't Trade Everyday
You don't have to open trades every day
Beginners tend to think that professional traders open their trades every day. But this is not true. Professional traders wait for good trading opportunities and only then enter the market.
Some days there will be no good trading opportunities. Sometimes the volatility will be too low, and you simply will not be able to take more or less decent profits. Sometimes, on the contrary, the volatility will be too high, and you will not be able to open your trades safely. There can be many different reasons in the market when it is best to refrain from trading.
Experienced traders know when to sit back and just wait. At the same time, most novice traders constantly open new positions because they think they should trade. But in the end, they make bad trades and constantly suffer losses.
If you don't find valid good entry points, but still open new trades, you will lose much more money than if you had the patience and stayed out of the market.
4️⃣ Accept Losses, Losses = Learning
It is much more useful to accept the fact that losses are the norm rather than the exception. It is also vital to define your potential losses before you enter any trade. Define your possible loss, or risk, in comparison to your possible reward, or profit. It is also vital that you don't take losing personally.
5️⃣ Risk Only What You Can Afford to Lose
Let the profits flow and cut the losses. This idea is one of the most common among traders.
As George Soros said:
It doesn't matter if you're right or wrong. What matters is how much you earn when you are right and how much you lose when you are wrong.
The key to trading success is to grow your profitable trades.
Traders who are afraid of losing their money often stop paying attention to the market situation and become too attached to the current profit. They make their decisions about open positions based only on the fear that the price will not reach their profit.
We know that unfixed profits still belong to the market. But once you start cutting back on your winning trades, you also cut your risk to reward ratio.
Of course, sometimes the market will give you less profit than you bargained for. And that's okay. To trade successfully, you must free the market and stop restricting it.
But if you are trading with money that you fear losing, you will not have that luxury. Instead, you will be afraid of losing your accumulated profits and you will not be able to sit back and let the market do its job.
The beauty of using multiple risk-reward ratios is that you can ignore your winning ratio and still make good money. If you reduce this ratio, you are faced with the need to make a high percentage of profitable trades in order to make a profit. Basically, you yourself are reducing your chances of achieving success.
Stay tuned for further updates!
Always learn, never give up!
Best regards
Artem Shevelev
EURUSD has an uptrendMeanwhile, the Euro has fallen sharply from a high of 1.0640. Therefore, the recovery correction has ended and a broader downtrend will take place in the medium term. The Euro could fall to 1.04 - a very important support level for this currency. A break of 104 could drag it down to the 1.03 mark and even lower. The 1.06 level could now act as a good resistance.
Market Update - October 13
US consumer price index (CPI) remains sticky: CPI data released on Thursday did not show a further cooling in inflation in the US economy, further muddying the Fed’s decision making on the future interest rate path.
Federal Reserve unable to reach a firm decision on interest rate hikes: Minutes from the Fed’s last meeting show wavering opinions on interest rate hikes against the backdrop of uncertainty in the US economy.
Ongoing conflict between Israel and Hamas dampens investor confidence: The price of both bitcoin and ether has been in decline since attacks erupted between Hamas and Israel on Saturday. Bitcoin has dropped below FWB:27K USD and ether has lagged, falling to 0.057 on the ETHBTC pair.
Sam Bankman-Fried’s trial continues as Caroline Ellison takes the stand: The former CEO of Alameda Research pleaded guilty to fraud and testified that SBF directed her to create false balance sheets to hide the company’s debt to FTX.
India is paving the way for crypto adoption, despite 30% capital gains tax: The Central Board of Direct Taxes collected over $12m in taxes, and a newly released report ranks India as number one for grassroots crypto adoption.
🫱 Read more here
EURUSD waits for an opportunity to sell downThe Euro increased in value today. In the recently released Global Economic Outlook (WEO) report, the International Monetary Fund (IMF) lowered the 2023 economic growth forecast for many economies around the world. Only a few economies, including the US, Japan, India and Russia, buck this trend. Positive signals from some economies are expected to contribute to brightening the global economic picture.
OIL WILL GO TO THE MOON FIRST !THE INTELLIGENCE SERVICE GAME
It is IMPOSSIBLE that the intelligence services (CIA, NSA, MOSSAD, SVR, MSS, ISI, RAW, MI6...) that have invested billions and billions in monitoring "every click," every "audio" message left on an encrypted messaging platform (i.e. Pegasus), COULD NOT have been aware that HAMAS was arming itself in preparation for an operation and suddenly became ineffective!
So if all the services were aware of the "scam," how did the opposing party anticipate managing this potential stumbling block?
SET MOOD AND ESTABLISH THE SCENE BEFORE THE ARMS RACE BEGINS THEN COMODITIES WILL FOLLOW
The internal security of a state depends on the quality of services provided by its protecting intelligence agencies
The failure of Western services in prediction, but above all, the conviction that the Russians were 30 years behind, becomes glaringly evident. Otherwise a part of them knew it (CIA, MI6) and chose to misinform EVERYONE to sow chaos with the aim of boosting markets and generating demand.
I always claimed this difference between USA and Russia in the fact that one are Poker players, and the others are chess players.
In poker, it's not just about knowing how to lie, but also about knowing how to raise the stakes or play probabilities to determine the strongest hand on the table.
The lack of information about one's potential can only be estimated through a provocation close to the borders; this is the opportunity the Americans seized in 2014 to overthrow the Ukrainian gvt. and repeat what they tried in 1936 by arming Poland (the former concept of the sanitary cordon).
How can they switch from a theater of war into another ? Easy ! It is a question of manipulating public opinion as they already did in 9/11 to SAVE AMERICA from the crisis.
Generally, we learn from our mistakes to avoid repeating them. And it's during an armed conflict that we delve into history to understand its origins. One must believe that only in fashion does a cyclical phenomenon exist. Without wanting to resort to sarcasm, artificially creating a conflict by using HAMAS to justify a local intervention is truly treating people like fools.
The image war is primarily the one that targets public opinion at the expense of the invisible mechanisms that are set in motion, in order to make the 'pill' go down more smoothly.
DEDOLLARIZATION TAKES A BACKSEAT, OIL FIRST !
Do not ignore that the USMCA (formerly NAFTA) still remains the largest consumer market ahead of the EEA.
What is vulnerable or fragile for one state is an opportunity for another.
The composition of teams is now known to all. The G7 against the BRICs, gradually marking the end of a G20, some countries seize an opportunity in investing in newly available areas (Africa is an example).
As we observe a blatant loss of the former Western colonies, on which the latter built its wealth, it is entirely normal to see a conservative mechanism at play, detaching/tearing away the European zone at all costs to preserve the development of its own economic activity, much like a dog would defend its stake.
From an objective standpoint, the Soviet Union and Europe share a similar economic framework :
> A zone bringing together a group of states
> Free movement of goods and individuals within it
> The development of common projects using different parts of the zone
> But above all, a common currency
So, It took time to establish a common currency, therefore dedollarization won't happen right away
And where some of them failed to stand out in creating alternatives to the dollar as they all got eliminated (HUSSEIN, KADHAFI, CHAVEZ), the probability that the BRICS succeed in this global "decentralization" becomes more and more evident. This is one of the reasons that is increasingly appealing to countries wishing to join this organisation.
There is a certain logic if one looks at the geographic perspective of the 6 new members who have joined the BRICS, that it is imperative to secure the area to supply the new markets (Middle East / Africa), and consequently gain full control of the Red Sea and the Gulf of Aden (part of the BRI).
Israel is merely an opportunity for the West to slow down the development of this project !
Therefore, to return to this "small" war of secret service cartels, MOSSAD (and indirectly the CIA) could not have been unaware that Hamas was arming itself progressively, but above all, qualitatively. One might even assume that it was evident to anticipate, following the abandonment of 50 billion dollars worth of military equipment in Afghanistan, just like the initiation of the Marshall Plan for Ukraine in the supply of heavier weaponry, a scenario concocted from scratch to set up this new theater of war!
Something tells me that the cancelled cereal deal by the Russians has something to do with it...
What are you ready to do at any cost ?
www.macrotrends.net
No matter the price you put into it, it will be nothing compared to the resources of governments !
In conclusion, not only have you been manipulated in a 'scam' with war images you could never have imagined seeing in 1973, but you will all watch how the price of a barrel will skyrocket and get ready to pay your "full of tank" 5 times more expensive.
Russia's deputy PM NOVAK on NSE:OIL prices by year end : "Market sets the prices itself"
Why? Quite simply because the geographical area of the conflict is composed of OPEC, and therefore the likelihood of a refinery receiving a 'stray missile' is very significant.
As a result, the "Peace Makers" have decided to replenish their coffers to continue funding the production of ammunition...
FOR THE PLAYERS :
The last week close, before the busy weekend from the Gaza Strip left a gap between 84.90$ and 85.95$. There are barely 0.24$ left to close this one.
The experience of 1973 raised the thermometer by over 35$ (from 28$ to 65$) initially, ultimately ending above 146$ over the decade following the conflict.
147.5$ was the 2008's ATH (we know the reason...)
138.4$ was the Russia's SMO over Ukraine, which shows the first attempt to Break the Creek
Pull back above 92.63$ will trigger my Swing LONG
STOP BUY > 92.63$ | STOP LOSS 79$
TARGET 1 > 147.50$
TARGET 2 > 215.32$
Just take a look of 1973-1983 chart to understand !
I don't make the rules!