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CANADA WILL SUFFER FROM HYPERINFLATION WITHIN 2 YEARS! I AM THE ONLY ONE SCREAMING THIS FROM THE ROOFTOPS! THE EVIDENCE IS SIMPLY INCONTESTABLE! LOOK AT THAT SELL-OFF!
THE EURODOLLAR FUTURES CONTRACT REFLECTS THE L.I.B.O.R. INTEREST RATE (A BENCHMARK FOR THE INTEREST RATE AT WHICH MAJOR BANKS LEND TO EACH OTHER)! WHEN THE PRICE OF THE CONTRACT INCREASES, THE L.I.B.O.R. INTEREST RATE IS DECREASING, WHEN THE PRICE FALLS, IT IS INCREASING! THE PERIOD I HAVE HIGHLIGHTED IN THIS POST IS THE PERIOD OF DOLLAR ILLIQUIDITY THAT OCCURRED...
REGARDLESS OF THE DOLLAR'S STRENGTH AGAINST OTHER CURRENCIES, THE CANADIAN LOONIE WILL SHOW MASSIVE WEAKNESS! SHORTING CAD WILL BE AN EXTREMELY PROFITABLE TRADE AS CANADA WILL BE THE FIRST WESTERN NATION TO EXPERIENCE HYPERINFLATION THIS DECADE! THE CANADIAN ECONOMY IS EXTREMELY FRAGILE, INEFFICIENT AND LACKS PRODUCTIVE DIVERSITY! NOT TO MENTION FASCIST AS HELL!
THE MISALLOCATION OF RESOURCES IS SEVERELY HAMPERING THE GLOBAL ECONOMY! THE INFLATION-ADJUSTED DEMAND FOR OIL IS COLLAPSING! THE CREATION OF FIAT CURRENCY IS WHAT SUPPORTS THE PRICE OF OIL, NOT FREE-MARKET DEMAND! BUT WHEN IT BEGINS TO RISE, INSTEAD OF SIGNALLING A RECOVERY, ALL HELL WILL BREAK LOOSE!
I DON'T ALWAYS ENTERTAIN CONSPIRACY THEORIES, BUT WHEN I DO... "THE TRUTH IS OUT THERE"
80% OF CANADIAN BUSINESSES WERE CASH-FLOW NEGATIVE...BEFORE THE LOCKDOWN BEGAN! IT'S THE LOONIE'S VALUE OR CANADIAN CORPORATE BOND VALUE...YOUR CHOICE BANK OF CANADA!
THE DXY IS ONLY MADE UP OF 6 MAJOR CURRENCIES MEASURED AGAINST THE DOLLAR: EUR (57.6% OF THE WEIGHTING), JPY (13.6%), GBP (11.9%), CAD (9.1%), SEK (4.2%), CHF (3.6%) A MISTAKE MANY PEOPLE MAKE WHEN PREDICTING THE DOLLAR'S STRENGTH IS USING THE DXY AS A GAUGE FOR ALL CURRENCIES' PERFORMANCES AGAINST THE DOLLAR! EMERGING MARKET AND MANY OTHER MAJOR CURRENCIES ARE...
SOMEONE DOESN'T WANT YOU TO SEE HOW RIGGED SILVER WAS IN 1980! CURRENCYCOM REMOVED ALMOST 40 YEARS OF PRICE ACTION! SEE PREVIOUS POSTS! LOOKING INTO IT FOR YOU GUYS!
THE LAST TIME WICKS OF THIS NOMINAL SIZE OCCURRED, BUYING HAD BEEN BANNED (FOLLOWED BY BUYING LIMITS), THE VATICAN WAS SHORT SELLING THEIR METALS RESERVES TO SUPPRESS THE PRICE, AND THE CURRENT FUTURES PRICE SUPPRESSION MECHANISM WAS ESTABLISHED!
THE TREND REMAINS BEARISH, AND WILL COMPLETE ANOTHER LEG DOWN! A BOTTOM, HOWEVER, IS COMING, AND PETER SCHIFF'S THEORY ABOUT FOREIGN CURRENCIES STRENGTHENING AGAINST THE DOLLAR WILL BE PROVEN CORRECT! THE DOLLAR MILKSHAKE THEORY HAS BEEN PLAYING OUT FOR THE PAST DECADE AND WILL CULMINATE IN A FINANCIAL CRISIS AND A EURODOLLAR LIQUIDITY IMPLOSION! ONCE THIS IS...
I AM NOT GOING TO PROVIDE FUNDAMENTAL ANALYSIS OF THE CRYPTO-CURRENCY MARKET! HOWEVER, FUNDAMENTALLY, THE OVERALL CRYPTO MARKET IS SATURATED AND FOR THE CRYPTO-CURRENCY INDUSTRY TO TAKE OFF, A CULLING MUST OCCUR! ALIGNING MYSELF WITH THE AUSTRIAN SCHOOL, I CANNOT HELP BUT BELIEVE IN BITCOIN'S EVENTUAL DISAPPEARANCE, ALTHOUGH I THINK THIS WILL OCCUR IN THE DISTANT...
FUNDAMENTALS: NO EXPLANATIONS NEEDED! TECHNICALS: WILL JPM ALLOW IT TO RISE!
READ ABOUT THE STERLING'S FAILURE IN THE 1960s AND THE EURODOLLAR SYSTEM! PETER SCHIFF AND JEFF SNIDER WILL BOTH BE RIGHT! THERE IS A HUGE DOLLAR SHORTAGE, AND IT IS SO GAPING AND OBSCURE THAT THE FED's SOLUTION WILL VAPORIZE THE DOLLAR!
THIS MARKET WANTS TO INFLICT AS MUCH PAIN AS POSSIBLE! I EXPECT THE MOST CONVINCING BEAR MARKET RALLY IN MARKET HISTORY!
HAPPY HUNTING :) LETS CATCH SOME BULLION BANKERS WITH THEIR PANTS DOWN!
EXPECTING A BOUNCE HERE, BUT THE TREND IS MASSIVELY BEARISH! THE CANADIAN LOONIE IS THE WEAKEST CURRENCY IN THE WESTERN WORLD, EVEN WORSE THAN THE AUD (IT MAY NOT SEEM IT YET, BUT JUST WAIT!) THERE IS A GOOD CHANCE GEORGE SOROS IS BETTING ON A CURRENCY CRISIS HERE JUST LIKE ENGLAND IN THE 1970s!