Stealth Bull Market in Agriculture: Intrepid PotashOne of the only potash producers listed on a US exchange. Has been left for dead for over a decade.
Intrepid Potash $IPI has returned 150% since the day of the election 11/3. I am a buyer on weakness and pullbacks. If the inflation cycle really does heat up over the next few months, $IPI could make a move to $100 in 2021.
Newbullmarket
New Agriculture Commodity Bull Market The Entire Agriculture Complex is in the process of breaking out, and not just breaking out, but breaking out of a 12-year old downtrend. I will be posting more charts showing the developing bull market in ag and other commodities, and how I'm expressing that outlook in the portfolio.
In terms of the macro inflation cycle, I think we are somewhere similar to early 2002. I.E. We're fresh out of a cycle low for inflation and commodities which means the new bull market has already started, but it can only be seen in momentum, volume for particular commodities (copper & wheat), and smart money moving into commodities the past few months. By the time price is showing a technical breakout smart money will be selling into volume from moving average breakout chasers. That being said, this commodity bull market can last a long time but it won't come without its volatility. it will be important not to chase extreme moves, but rather be patient and wait to buy on pullbacks. Experience has taught us to wait for weakness to buy and to sell into strength.
If you're not convinced Agriculture is breaking out, look at $IPI Intrepid Potash $Corn $Sugar.
With the assumption that inflation is in the 2nd or 3rd inning of the inflation cycle, stocks like $ICL still have a lot higher to go even though its moved a lot off of its cycle low. Notice that the cycle low was right at the opening original price 14 years ago. The long-term structure of $ICL's price trends shows a well-managed and healthy company that does well in commodity inflation cycles and shareholders haven't been diluted to death in a long-term bear market.
Additionally, $ICL is a similar company to $IPI intrepid potash, but it is better managed and more diversified and internationally-oriented which gives it less market risk and an advantage in terms of globalism-accelerating and Israel having a security and investment advantage on the global market. This being said, $ICL still has 500% upside over a trend-duration to get to a new all-time high, while $IPI potentially has much more than that (1000%+) should it ever overcome the long-term bear market and equity dilution.
Not an equity analyst or licensed professional. Do your own DD.
SCBTC OUT OF BEARGRIPSCBTC Is out of bear grip after long time on weekly charts now its on consolidation phase and expect bears to cover and go long.
BTCUSD End of the bear marketBTCUSD
End of the bear market
Hello !
There are two hotcakes today: Bitcoin lost 500 bucks in price (which was a good idea for Altcoins), and this is due to the fact that the US government accused Bitfinex of concealing losses of $ 850 million, which they allegedly pulled out of their hand-held cryptocurrency USDT.
Let's start debriefing simple.
The suit flew to iFinex Inc, which is the operator of the exchange and cryptocurrency Tether.
Against this background, the price of a teaser went for a dollar (95 cents at the lowest point and 97 at the time of writing the note).
The lawsuit does not come from New York prosecutor Letitia James.
The company potentially destroys cash flow documents.
About everything you can read in the official press release: ag.ny.gov
Bitfinex has already rolled out an answer to the accusation.
A couple of times they accused the lawsuit in their direction of rudeness
Stressed that Tezer is a 100% strong boy
That's all. Read: www.bitfinex.com
And now to conspiracy.
The situation is ambiguous and there are several theories about what is actually happening.
1. Tezer is a scam, everything is actually bought, they print free money. Everything is clear, classic persimmon.
2. Tezer - not scam, they have money, but 850 million iFanex tezer was taken to cover the missing, which were confiscated from Crypto Capital.
3. Tezer - half a scam, in which 75% of USDT are covered by dollars, and the balance of 25% is covered by a loan from iFinex.
4. Tezer something and not at all, the US government removes potential competitors platform BAKKT. Bakkt in a coarse sense is a magic pill for the entrance of the Institutionalists, which was very much awaited in the late 18th and early 19th.
In general, nothing is clear, but real shit happens.
This is not the first time that they hit and beat Bitfinex. Will the guys get out this time or all the scam?
The FUD, according to the tester, more than once or twice regulated market sentiment, so if the situation goes down the funnel, there will be an additional motivator for the fall.
Globally, we sit on the priest exactly and look at the situation.
Embraced.