The USA Feds printing press or credit supply machine of money supply is an incredible chart... wish I could have been long on that one!!! Like looking at BTC on a 1W chart that thing mooned hard! But like BTC we know it rockets up but also it returns to its mean.. usually an 80% drop from ATH. I'm not saying the money supply will be cut by 80% but with such an stratospheric rise in money supply there must be some sort of come down? The Fed says that the inflation data we recently had is transitory but I question their ability to control it looking at the M1 chart. They have possibly created a monster bigger than there own self's!! I think this year is setting the scene.. some analyst's are saying Gold to $5000US per Oz that's pretty crazy but so is the M1 chart.. That's a sht ton of money added in 1yr it and Has to have massive repercussions! The law of karma says for every action there is an opposite and equal reaction so possibly in the coming years .. not to far away $5000 Gold per Oz or BTC to 500k isn't all that crazy. The good thing and advantage we have as traders is our perspective on the market.. keep an eye out for Higher High's - Higher Lows on Daily's and Weekly's ..Break out's of long term trends and get your self positioned and ready for something incredible.
All the best!!
All the best!!