I went through some of the SP500 company charts, to me looks like this is breaking back into late 90's and 2000's channel, and I have seen all the doomsday idiots say the world is over. I think buying at the bottom of the wedge with stop loss will have insane risk reward for longs. Will wait until it get there and we can make blow off top with the brrr brrr brrr trillion dollars a day of toilet paper to pump the toilet market. everyone will FOMO back in the market, especially the panic sellers once we hit new highs end of year. all the sell in May retards will sell the bottom. We moon with Jerome into hyper bubble and extreme unaffordability, maximum gilded age rekt. middle class all but dies and commodities start the bull run of human history from the depths of hell. Bitcoin, Oil, Gold, Silver, all going to fucking moon. Hop on the train in 2020 because the boomer shitcoins will dump for 10-20 years after they pump to Valhalla. Boomers will envy the youth who said fuck the Ponzi and bought commodities.
Next crash in 2024-26 we will be at zero interest rates, will go to maximum negative rates, and print 4 trillion a day. The USD will die and lose reserve status. Gold, Silver and bitcoin will not be for sale, holders of fiat net worth will be zero. only assets such as real estate, stocks, and physical goods will retain any value, but will fluctuate wildly in the low demand environment. Commodities such as bitcoin, gold and silver will only be attainable by the elite.
Are you willing to hold massive drawdowns and not sell to these fuckers that want to take all your real money? My view it is time to hoard as much real money as I can afford. I will buy gold, silver and bitcoin (and Altcoins :D) until they are unaffordable. Choose your destiny wisely, follow the herd or go the road less traveled.
This is not financial advice.
Fuck the system.
Next crash in 2024-26 we will be at zero interest rates, will go to maximum negative rates, and print 4 trillion a day. The USD will die and lose reserve status. Gold, Silver and bitcoin will not be for sale, holders of fiat net worth will be zero. only assets such as real estate, stocks, and physical goods will retain any value, but will fluctuate wildly in the low demand environment. Commodities such as bitcoin, gold and silver will only be attainable by the elite.
Are you willing to hold massive drawdowns and not sell to these fuckers that want to take all your real money? My view it is time to hoard as much real money as I can afford. I will buy gold, silver and bitcoin (and Altcoins :D) until they are unaffordable. Choose your destiny wisely, follow the herd or go the road less traveled.
This is not financial advice.
Fuck the system.
Comment:
Comment:
the pandemic will have to end within the next 30 days for me to see the bullish narrative play out. If it doesn't we can just start the Great Depression now...