What do you think? What about the GREAT print? Who's gonna print more in the end??? Let me know in the comments! Cheers! Biz
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Hope you are aware of the fact that this trade is high RRR. Usually meaning that the winrate is low, while hitting the target is like hitting jackpot - It will make you money for X losers. Not much to add. If someone has high winrate%, check what's behing this. Long run is the way to go...
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BTW if this shieet is going up, the crypto and basically all other assets in USD value are going down, you know. And the US outsiders will still pay more for daily stuff because of the oil, buddy! That's the key. We are getting squeezed on all fronts. Hope you know how to short 🔨
China Russia India Brazil Iran Venezuela South Africa are gonna stop using dollar. End of dollar soon
ghostpatriot19526
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I love optimism in this plan but not likely. With inflation at 8.6 % weakening the dollar, the Fed printing money to fund government spending run amuck, and the Great Reset in danger of collapse, the dollar can not maintain the levels you’re talking about. Then there’s the $4.5 Trillion lost in 401(k) plans. People will turn to more stable investment like Gold, Silver, or Crypto.
bizmark
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@ghostpatriot19526, Great Reset in danger of collapse? Please can you elaborate? I mean I think it's all going in their lines yet I would say ... unfortunately. Don't you think the dolla will be the last one to fall before SHTF in the end?
ghostpatriot19526
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@bizmark, no I do not believe so. The Ruble is already unhinged from the Swift and China will be next to go. We are the third best economic power. The dollar is so far overweight from 1980 that it is unsustainable. You’re looking at 17.5% inflation and 8.6% is just this last month. The Fed can’t and won’t raise rates fast enough to do anything. Even if they did the markets would sustain heavy losses across he board. Do you think it will be that long before the collapse? Oh yeah, OPEC is also accepting other currency over the dollar for oil.
bizmark
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@ghostpatriot19526, Ruble has good looking charts, will be strong as hell imo. But dollar gonna superspike to crash the whole system I guess...
ghostpatriot19526
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@bizmark, it sure looks that way. Call it the last gasp into the recession. At this rate it will be a short recession transfer into depression. Just a matter of when we shift back to the gold standard.