Everyone needs to take this “shot across the bow” and the “survival of said shot” – to count their lucky stars. Talk about complacent eh? Damn! I bet a whole lotta folks just got 100% cleaned out!
I don’t mean YOU….I mean the market, and it’s participants “in general”. Everyone still not willing to accept how “flimsy” and “phony” things truly are. How soon we forget.
lucky_stars
Gone are the company buy backs…..now the Fed “tightening not loosening” monetary policy, guidance for 2019 all pointing down ( these are the companies you invest in TELLING YOU – we aren’t gonna hit the mark in 2019) and then of course….the “incredibly significant” trade war / tensions building with China.
These stocks don’t exist in a bubble right?
There is nowhere to hid when the “entire planet” (or at least those institutions with large enough positions to affect markets) turn from buy to sell . NOTHING survives.
So hey…..this time around we catch a break.This time.
The Fed meetings get underway tomorrow. This is everything now.
The idea of interest rates climbing higher is the absolute foundation for this sell off. You get it right? You realize how leveraged to the freakin balls these big trading houses / investment firms / wall st. gangsters are? Another basis point higher, and that nice new house out in the Hampton’s you’ve double mortgaged and now taken additional loans against gonna be the banks soon. You don’t own shit.
So here’s how it goes down.
- Fed holds out and doesn’t make the hike = markets are back off to the races for a final shot to the highs. USD tanks / final roll over / another fantastic short entry – post fed. Gold and commods final bottom. Crypto as well.
- Fed makes hike ( as it’s already priced in fok……look at the slide ) but TALKs down the next few = markets are back off to the races for a final shot to the highs. USD tanks / final roll over / another fantastic short entry – post fed. Gold and commods final bottom. Crypto as well.
There it is.
You’ve got one more shot at the highs, before May of 2019 and it’s time to get down in your bunker.
Buy water and gas…..buy crypto / silver n gold, and consider moving inland.
There’s more than a little problem up north, and it’s coming a lot sooner than 2030.
I put about as much stock in this call as I did in your “buy Bitcoin” call two or three months ago.. how’d that work out? Yes, there’s a runaway train headed down the mountain but the powers-that-be are just going to keep laying extra track (ie. Debt) in front of it…. this could go on for decades. Don’t be a fear monger.
Each to their own DW….Bitcoin will be just fine and I’ve got the stones to just keep buying.
The good ol debt train most certainly won’t go on forever, but by all means – you just stay on it.
Guess I got oil wrong too. Damn! You should likely find somewhere else to read.
Like you bought BTC anyway DW.
Odds are you wouldn’t even know how.