I've been giving warnings ever since the c0v1d black swan, and especially since the 25k re-test, that Nikkei will grow wings but here's a seeing-is-believing look at where my 40k target comes from
For sure it could go higher later and break this key resistance but I would expect at least one more re-test of the navy blue channel beforehand
In theory there's no...
I've been saying for some time now that Dow Jones has _no_ relevant resistance till 40k and now here we are
If that resistance fades quickly then the next relevant resistance is at 45k and probably most retailers will come up with excuses to short it the whole way there also
"But how did you come up with that number?"
See for yourself heh this is a very clear...
I've posted a BTC chart here last cycle, showing the weekly and monthly RSI cheat-sheet of where to buy and sell, and I trust it served many well (see the related idea below)
The key to anticipating cycle targets ahead of time is the adoption curve, which is actually a straight line on a chart with log on both axes, but without log on the date axis (unsupported...
This was supposed to be tomorrow's post but since it looks as if the breakout could be underway as I'm typing I'm going to make it right now
I'm annoyingly accurate and can see things in the market that nobody else can so at this point if you aren't following me here you basically hate money
Some very notable calls in recent years:
SPREADEX:NIKKEI and ...
I haven't posted on TV since Dec 2022 as I've been posting elsewhere (check my profile) but I'll begin duplicating some of my calls here and continue if I gather a decent audience here
I'm annoyingly accurate and can see things in the market that nobody else can so at this point if you aren't following me here you basically hate money
Some very notable calls in...
This is just a simple observation of what happened with Gold in the last 100 years.
Here I show some important economic events highlighting the purchasing power with a red line.
When you open a GOLD chart, you can look at the trend and think that it had a very strong bull market during the last century. And you are right, it had a very strong one, but against...
From 1st January 1985 the USD lost 64.13% of its purchasing power (according to BLS CPI) ; At the same time the nominal value of SPX index rose by 1594.95%
Adjusted for CPI and dollar purchasing power loss, the real rise in the SPX is only 507.40% ; In other words, the SPX index price would have been $1372.41 right now if the USD kept the same value as it had on...
This explains what we're experiencing now or will when we try to retire on our 401K Plan.
To put it simply, inflation has eroded the purchasing power so dramatically that
retirement may no longer be a viable option for most non-governmental workers!
The price of BTCUSD keeps rising up, but so does the supply of broad money (M2). So far this year both have grown 227% and 25% respectively. There is more money now than there was at the beginning of the year, 1/4 more. Based on this metric alone, one dollar is worth 3/4 of what it was worth at the beginning of 2020. Today:
One BTC is worth 2.27 BTC from a year...
I have been plotting BTC against GOLD (left) and M2 (right) to try and look at the value adjusted for inflation and buying power (using gold to measure buying power).
M2 is the amount of money in the world (to simplify it) and BTC / M2 has already broken the 2017 ATH by 7.81%. This is a good sign as it shows that we have surpassed the previous cycle high when...
NZD/USD has slightly overshot its PPP implied exchange rate and the RSI(14) is at yearly highs (so is the price as well). I expect at least a small correction as traders wait for more economic data to justify a further move to the upside as this is a riskier asset. Disclaimer: As always, I am not your financial advisor.
The price of 1 bitcoin in inflation-adjusted USD, starting from Jan 3rd 2009. All price adjustments are based on the current purchasing power of the dollar according to the consumer price index, and comparing to 2009 on the day the genesis block was mined.
You can disregard the invisible Visa symbol. It's a dirty trick that allows me to merge both of the...
Rich people don't hoard the dollar, neither should you. They put all their money into inflation-hedge assets as dollar continues to depreciates.
Put your money into the good use.
