Current situation in the markets is being better than I expected. - It may lose some momentum with the time. Markets are starting to price in a stimulus agreement in the US. - Which, honestly, is still far away to happen Relationship virus – markets is starting to stabilise In the short term, what really matters now is the stimulus agreement followed by the...
THE PRICE OF GOLD WILL BE 1-TO-1 WITH THE PRICE OF THE S&P500 BY THE END OF 2021! AFTER THAT, IT IS OFF TO MEET THE DOW!
THE 40-YEAR BOND BULL MARKET IS OVER! THE 30-YEAR TREASURY IS MUCH MORE INVESTOR-SENSITIVE AND IS LEADING THE 10-YEAR HIGHER! A SPIKE IN INTEREST RATES IS INEVITABLE! THE FED WILL FIGHT IT, BUT THE BOND MARKET IS TRULY MASSIVE AND WILL NOT BE EASY TO CONTROL!
FED OFFICIALS ARE CLEARLY TRYING TO JAWBONE ALL MARKETS HIGHER! THERE MAY BE VOLATILITY WHEN MARKETS CALL THEIR BLUFF, BUT THE FED'S CAPABILITY TO MONETIZE EVERYTHING WILL LEAD ALL PRICES HIGHER! THIS IS WHAT AUSTRIANS HAVE BEEN PREDICTING FOR DECADES! IT WAS MOCKED AND IGNORED BUT IT IS HAPPENING! BUY PRECIOUS METALS!
THE EUROPEAN CENTRAL BANK CONTINUALLY SEEKS TO DEVALUE THE EURO TO BOOST ITS EXPORT INDUSTRIES! THE FEDERAL RESERVE CONTINUALLY SEEKS TO DEVALUE THE U.S. DOLLAR TO REDUCE THE BURDEN OF ITS DEBT LOAD! ONE OF THEM WILL SUCCEED! I BELIEVE A GRADUAL LOSS OF THE U.S's RESERVE CURRENCY STATUS WILL LEAD TO LESS TRADE BETWEEN THE EU AND THE UNITED-STATES! THIS WILL...
TRI-STAR PATTERN, SERIOUS MARKET INDECISION! VOLATILITY IS VIRTUALLY UNINVESTABLE! THE GOVERNMENTS BONDS OF THE WORLD RESERVE CURRENCY WILL NOT BE PERMITTED BY THE MARKET TO GO NEGATIVE!
CHEESE AND MILK ARE THE AGRICULTURE FUTURES WHICH HAVE RISEN THE MOST IN PRICE DURING 2020, BUT BUTTER HAS FALLEN THE MOST IN PRICE DURING 2020! IF YOU HAVE ACCESS TO FUTURES OR OPTIONS ON BUTTER THROUGH YOUR EXCHANGE, IT IS AN EXCELLENT VALUE PLAY!
FRANCE HAS THE HIGHEST DEBT LEVELS ON EARTH! ITALY HAS ARGUABLY THE SLOWEST GROWTH ON EARTH ADJUSTED FOR INFLATION AND GOVERNMENT DEFICITS! THEIR LARGEST BANKS REFLECT THIS! BOTH ARE APPROACHING THE KEY 5$ LIQUIDATION PRICE! OF COURSE, IT IS FAR FROM RIDICULOUS TO SUGGEST THESE BANKS WILL NOT BE ALLOWED TO FAIL, AS THEY POSE SYSTEMIC RISK TO THE ENTIRE GLOBAL...
THE DOLLAR WILL SHOW STRENGTH HEADING INTO THE ELECTION! A PERIOD OF EXTREME VOLATILITY WILL FOLLOW! THEN A 2021 BEAR MARKET FOR THE RECORD BOOKS! ON A TECHNICAL BASIS, THE DOLLAR WILL COME INTO CONTACT WITH THE 200-DAY MOVING AVERAGE! IT WILL ALSO FILL THE 0.618-0.786 SWEET ZONE!
MAKE OR BREAK MOMENT FOR STOCK! WE COULD SEE NEW HIGHS COMING FOR THE DOW! OR ANOTHER BRUTAL DOWN LEG! IT IS ALSO QUITE CLEAR THAT THE NASDAQ AND GROWTH STOCKS HAVE SIMPLY BECOME A LEVERAGED PLAY ON OVERALL STOCKS WITH NO SPECIFIC FUNDAMENTALS OF THEIR OWN, SO IF YOU THINK THEY ARE GOING HIGHER, PILE IN!
TURKEY'S CURRENCY IS UNDERGOING A CLASSIC PROCESS OF DESTRUCTION! CONTINUAL FISCAL DEFICITS AND BANK CREDIT EXPANSION (FUELED BY ARTIFICIALLY SUPPRESSED GLOBAL INTEREST RATES) HAVE PROVIDED AN ABUNDANT SUPPLY OF CURRENCY, WHILE WAR, CORRUPTION, A GLOBAL DEPRESSION AND MANY DOMESTIC/INTERNATIONAL FACTORS HAVE LEAD TO DIMINISHING DEMAND FOR THE TURKISH LIRA! AS...
THERE IS BOTH A BULL CASE AND A BEAR CASE TO BE MADE! REGARDLESS, ALL FIAT CURRENCIES WILL FALL IN VALUE RELATIVE TO EVERYTHING ELSE!
THE BOTS ARE FULLY IN CONTROL OF THIS ONE, HUNTING THE 50 DMA, I AM STAYING CLEAR! ANOTHER RUN-UP BEFORE A FLASH CRASH IS LIKELY!
SOMEONE AT JPM MUST HAVE DROPPED THEIR COFFEE ON THE KEYBOARD!
OIL IS THE LIFEBLOOD OF THE GLOBAL ECONOMY, IT HAS VALUE! THE FACT IT IS SO HATED RIGHT NOW INDICATES IT IS A GOOD PURCHASE! FIAT CURRENCY UNITS ARE WORTHLESS, THERE ARE SO MANY OF THEM FLOATING AROUND SLOWLY ESCAPING THE FINANCIAL SYSTEM AND FINDING TANGIBLE RESOURCES! EVENTUALLY ALL PRICES WILL MAKE NEW HIGHS, AND NEW HIGHS FOR OIL PRICES WILL BE THE HARBINGER...
THE RECENT 8.205$ CORRECTION WAS SIZABLE AFTER THE PRICE OF SILVER ALMOST TRIPLED IN LESS THAN 5 MONTHS! THIS IS MOST LIKELY DUE TO THE VAST AMOUNT OF NAKED SILVER SHORTS UNLOADED ONTO THE COMEX MARKET BY BULLION BANKS! THIS IS A GOOD PRICE TO RE-ACCUMULATE HOLDINGS OF SILVER! THE 26-32$ PRICE RANGE OFFERS CONSIDERABLE SUPPLY, BUT WHEN IT HAS BEEN ABSORBED BY...
Let´s order the weekly ideas: 1. Executive committee of the ECB will speak on Monday, maybe give some new updates about negative interest rates 2. Tuesday is about confidence indicators which I expect them to fall 3. Rest of the week is mostly about US employment and first debate on Wednesday between Biden and Trump Regarding the markets, new outbreaks have put...
Range trading on the CURRENCYCOM:US100 following dovish FED meeting. Accommodative and supportive policy for the economy through to 2023 has been the highlight Support & Resistance within shaded area. 38% fibo acting as resistance. Short term trading within the range until confirmation of breakout occurs.