Sorry for the long break, I have been attending to numerous other endeavors. At this point, cryptocurrency is down significantly from my long calls and the world seems to be turning upside down. Have no fear, these holds are for life, they are not day trades. Allow me to do a global macro breakdown from my eyes.
I posted this US 3MY chart since this in essence is the key to understanding the economy. Right now, the FED hiked interest rates significantly, this signals a risk off tone, as a result we have seen most risk assets turn down significantly. However, we have seen a bifurcation on the USDJPY pair, which is a bit confusing on first glance, however, we must understand manipulation and capital controls to fully understand the essence of this problem.
With the US CPI at 8+%, this signals the top guys are getting filthy rich, and the rest of the people are getting paid the same and spending more, Economics 101, supply and demand. With the "risk free" (I say "risk free" since there is no such thing, only risk reduced) rate decreasing, we see the big guys dropping their stocks and running to guaranteed yields in treasuries, forex and commodities. Also, let us not forget Ukraine. I will not get onto a spiritual note, for with full disclosure my father is Russian, however this is a global upheaval of all sorts. TO fully understand the events transpiring, we must look no other place but in plain sight. I do not mean to involve religion, but as a firm Christian and believer of many other faiths as well, we must see that demonic entities are able to control supply and demand easily through the most primitive force known to man, Violence.
As a result, a global food shortage is soon upon us, and demons will dine in the daylight upon false idols. What does this "crazy" talk mean to the average person trying to make ends meet? In short, trust your heart, not the world. Our fiat currencies are being violently debased in the name of "peace", but in essence, satan is who wishes to destroy all. So what is my solution? All of my calls are down at this point...
My calls are not money calls, but philosophical calls, for on a long enough time span, all fiat currencies go to 0, period.
Courtesy to economist Keneth Rogoff, who says BTC will go to 0, I ask him, what does a 400 bip Fed Rate do for the homeless and new homeowners? It is easy for him to sit in his Cambridge mansion on a Harvard salary and say this, but I say this for the foster children and disabled of the world. What is my answer?
Simple, HARD MONEY.
I apologize for the rant, but my soul cries when I see the cities of sodom and gomorah rule the world and righteous suffer immensely.
Best,
JML
I posted this US 3MY chart since this in essence is the key to understanding the economy. Right now, the FED hiked interest rates significantly, this signals a risk off tone, as a result we have seen most risk assets turn down significantly. However, we have seen a bifurcation on the USDJPY pair, which is a bit confusing on first glance, however, we must understand manipulation and capital controls to fully understand the essence of this problem.
With the US CPI at 8+%, this signals the top guys are getting filthy rich, and the rest of the people are getting paid the same and spending more, Economics 101, supply and demand. With the "risk free" (I say "risk free" since there is no such thing, only risk reduced) rate decreasing, we see the big guys dropping their stocks and running to guaranteed yields in treasuries, forex and commodities. Also, let us not forget Ukraine. I will not get onto a spiritual note, for with full disclosure my father is Russian, however this is a global upheaval of all sorts. TO fully understand the events transpiring, we must look no other place but in plain sight. I do not mean to involve religion, but as a firm Christian and believer of many other faiths as well, we must see that demonic entities are able to control supply and demand easily through the most primitive force known to man, Violence.
As a result, a global food shortage is soon upon us, and demons will dine in the daylight upon false idols. What does this "crazy" talk mean to the average person trying to make ends meet? In short, trust your heart, not the world. Our fiat currencies are being violently debased in the name of "peace", but in essence, satan is who wishes to destroy all. So what is my solution? All of my calls are down at this point...
My calls are not money calls, but philosophical calls, for on a long enough time span, all fiat currencies go to 0, period.
Courtesy to economist Keneth Rogoff, who says BTC will go to 0, I ask him, what does a 400 bip Fed Rate do for the homeless and new homeowners? It is easy for him to sit in his Cambridge mansion on a Harvard salary and say this, but I say this for the foster children and disabled of the world. What is my answer?
Simple, HARD MONEY.
I apologize for the rant, but my soul cries when I see the cities of sodom and gomorah rule the world and righteous suffer immensely.
Best,
JML
Comment:
*I apologize, risk free rate is increasing, my emotions got the best of me.