When looking at the monthtly we have several perspectives.
Either we will rise to 120 and breakout the 14 year trend (we already broke the 37year trend) or are we staying a little longer to see 102/103?
From my point of view extra dollars in the system are heavily needed, through more printing equities will be bought and therefor the demand for dollars will be less which means going south.
Although printing dollars or lowering interest rates with heavy inflation doesn't seem plausible it sure is needed to save the economy.
They will choose to inflate the system every single time when looking back at history but as well towards the future concerning a new CBDC system.
Good luck and please share your ideas.
Either we will rise to 120 and breakout the 14 year trend (we already broke the 37year trend) or are we staying a little longer to see 102/103?
From my point of view extra dollars in the system are heavily needed, through more printing equities will be bought and therefor the demand for dollars will be less which means going south.
Although printing dollars or lowering interest rates with heavy inflation doesn't seem plausible it sure is needed to save the economy.
They will choose to inflate the system every single time when looking back at history but as well towards the future concerning a new CBDC system.
Good luck and please share your ideas.