1. Every Tom Dick and Harry and every YouTuber is claiming that the dollar is headed into oblivion
2. and thinks that FED will print more than ever
In the mean time dollar 200 DMA is curling up very ominously. I am fully long the dollar here against the Euro and expecting a crash in gold miners and even gold. I am hedged
As long as USD 200 DMA is pointing up, I see no reason to go all in. All the logic is useless. What is happening is what's important
Peter Schiff, Lynette Zeng, Rick Rule .. all spewing the same bs non stop. Feel sorry for their followers. Wrong for more than a dozen years and still the same BS wtf
If the FED prints 50000 trillions, gives it to 20 people and if those 20 people are not buying gold/silver then gold/silver will go down.
What do I do about it? People are such cattle, I'm just drained trying to educate and make aware. The cattle are so unprincipled. They might say they believe in something, but they do nothing.
It's amusing to watch everyone is calling everyone else as cattle or sheep. The fact is that people on this board might be cattle. People here have been buying silver and crypto and got screwed while "cattle" bought houses, bonds and USD and made a fortune.
Under The Radar...they are now going for your right to banking privacy. Heeeeeeehehehehee! 😃
Banks will alert IRS of any transaction over $600 instead of $10,000 as it is now.
https://www.youtube.com/watch?v=hPJFRTbzV64
Big Question:
https://www.wsj.com/articles/china-evergrande-fallout-hits-western-bond-funds-11632163626
Evergrande will pay to local bond funds but not foreign funds. We already knew that.
Question is: Will the smart Chinese say thanks to western bag holders or just just walk to the banks laughing ? wink wink
Do not think this will stop western funds to stop buying Chinese bonds. They will increase purchases. Logic is not important
Need to be very careful here with the dollar:
1. Every Tom Dick and Harry and every YouTuber is claiming that the dollar is headed into oblivion
2. and thinks that FED will print more than ever
In the mean time dollar 200 DMA is curling up very ominously. I am fully long the dollar here against the Euro and expecting a crash in gold miners and even gold. I am hedged
As long as USD 200 DMA is pointing up, I see no reason to go all in. All the logic is useless. What is happening is what's important
From the chart TLT looks good and I am collecting TLT calls
Peter Schiff, Lynette Zeng, Rick Rule .. all spewing the same bs non stop. Feel sorry for their followers. Wrong for more than a dozen years and still the same BS wtf
If the FED prints 50000 trillions, gives it to 20 people and if those 20 people are not buying gold/silver then gold/silver will go down.
Now there is a new R 1 variant from Japan mutating in Kentucky nursing homes
The new R1 variant from Japan is infecting the many workers and patients who are vaccinated.
literally raped
What do I do about it? People are such cattle, I'm just drained trying to educate and make aware. The cattle are so unprincipled. They might say they believe in something, but they do nothing.
It's amusing to watch everyone is calling everyone else as cattle or sheep. The fact is that people on this board might be cattle. People here have been buying silver and crypto and got screwed while "cattle" bought houses, bonds and USD and made a fortune.