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Saturday, June 1, 2019

Mexico tariff bad idea

Hi readers

What a week it was and to cap it off we see Wall Street correcting on a Friday .
The 5% tariff on Mexico has nothing to do with Mexico or the illegal immigration.
It's has more to do with industry that has closed up in the US and moved to Mexico for cheap labour.
When you think about it Trump is just taxing Americans.
It's more about his personal agenda as opposed to illegals coming into America from Mexico.

Remember cash is king and wait for opportunities as they will be just around the corner.
World wide the financial markets are imploding in the hope of new borrowers continuing the cycle.
But as you can see in Australia wages aren't growing as fast as inflation and the debt burden is eating into consumer spending which is cracking the economy.
This was happening 4 years ago in Europe and is just continuing to get worse with the gap betweet Haves and have nots are record levels.
To put it simply banks lent on forward wage rises and they haven't come through.
So mortgage stress is very high, I'm waiting to see a Stockmarket jolt or correction how banks will react.
The biggest tax cut any government can give its people is a freeze on the cost of living.
The food bill which is the silent inflationary indicator is continuing to rise and no one is prepared to do anything about it.
Utility bills you can reduce but the grocery bills you simply can't.
Trouble is coming as governments are ignoring the warning signs.

For those of you who are keen to know I will be putting up a few cryptic coins which I have done the financial astrology for clients.
Permission has been given so will be posting soon.
You don't have to invest in them just watch them and see how the financial astrology works.

In stocks
Keep an eye out for bargains as they will soon come.

As always the above is a financial astrology perspective.
Use it as an indicator to your own work.
Ask your financial advisor on more on the above.


Wednesday, May 29, 2019

Watch litecoin

Hi readers
Starting to catch up on the financial astrology at the present time which is good.
Where are we going forward?
Digital currency is the future More than ever.
With the devaluation of currencies it's the only currency that will appreciate going forward.
When you look at gold as a safe heaven that too is being deliberately devalued.
The usage for gold is dwindling and production is still rising.
Sure many will say that's not true and I accept your argument but the astrology just doesn't support that theory.
Silver is another issue entirely as its real use battery storage will be realised.

On the cryptic currencies as you hav all witnessed they have double in price in particular the major 5 currency.
 But the one that is still somewhat cheap and should double and triple from its current price it litecoin.
As Friday this coin will begin to appreciate in value and will seriously rocket higher around September.
As this is being written litecoin is trading around $115 US.
I'm not telling anyone to go out and buy it but just keep an eye on it as you will witness the astrology kick it higher.

On stocks
OCC.AX has just announced its capital raise as expected and it will be interesting to see where the stock opens and how the placement occurred.
The ducks are starting to line up and it my view that under 40 is bargain territory.
But let's wait and see what is announced tomorrow.

On FRM.AX  sell the company tomorrow its worth 58 cents a share not 30 cents so no brainier.

On BUB.AX is just dormant until end of June, then we should start to see some good news come out which will propel the stock higher.

ABR is preparing for some big announcement to come.
We have the AGM first and then we will see the company release some good news which will have the market excited about the stock.

As always use the above as an indicator to your own research.
The about is purely based on financial astrology.
Ask your financial advisor on more on the above.