Stockmarket casino

Hi readers
If you ever wanted to see a casino at its best, welcome to the stock market.
It's obvious that those who have culled there superannuation out are in the market day trading with little to no experience, and there just feeding the sharks.
Perfect example of it this week with ESK.AX up 1000% intraday only to come back to reality.
Any daytrader who is even trying to make it would know you don't touch a stock after it's gone up 100% in a day with any announcement regardless.
Yet the regulators ASX compliance didn't even bother to pause the stock trading for an hour.
The asx like any other blood sucking department is only interested in the fees it collects nothing more.
To the poor traders who bought the stock at $3.50-$3.70 and there was a few that went through can now sell them for 91 cents and by next week will be back at 30 cents.
So much for looking after retail investors ASX.

For those of you who have jobs over $120K your jobs are on the line in the next 10 weeks.
Companies are cutting staff and there doing it under the Covid bullshit.

There is a total lack of transparency over the job keeper hand out and companies are taking full advantage of it.
A elites furniture store manager I know just had a record month of sales and management won't take them off Jobkeeper.
The guy would have made at least $3000+ a week yet his only getting the government scrap money $750.
Good luck trying to pay a mortgage on that let alone eat and pay the bills.

The AFR stated that 3000+ off the plan buyers forfeited there deposits ($85million+)as they couldn't  go ahead with there purchases, but what they didn't realise that they will have to pay even more costs if the builders have to discount there apartments, it's called a make up.
The dominos are starting to crack readers.
While the real economy will start contracting you won't see the Stockmarket react to it until November onwards, but then again it won't surprise me if the do another make believe lockdown again.

To the astrologers out there we have the Saturn retrograde Capricorn.
Yes it's affecting The total east coast of Australia with a might force.
So if you want to know what going to happen in the property market look at WA. Yearly slump.

To the everyday people a reality check into what's important and wants not is upon us.
Who you are and who you want to be need to be reassessed, this is the Capricorn side of the zodiac.
If you are true to yourself then you'll come out the other end in a much stronger position than you are currently in today.
This is the Saturn (cleaner) upon us all.

Inflation or deflation

Hi readers
So inflation is an environment where both asset values and valuations increase with the ample amount of money floating around the system.
Employment is easy to come by.
Wages are supposed to follow the trail with goods and services including at the end of the cycle.
The economy is supposed to feel the slush of money going around, with depreciation levels low due to the level of money floating around.

A Deflationary environment  is when money is tightened, paper assets are stagnant or falling.
What you tend to see is depreciation levels rise considerably, and property values play the same tune as paper assets.
Employment is hard to find with low wages and services come down in prices.
The one thing that does increase in prices is essential foods.

The one thing to consider which seriously confuses so many old fashion gold believes.
Gold isn't a hedge to the dollar or a reserve currency.

I've heard the $5000 an ounce on gold when I was a hedge fund manager 15 years ago and there still playing the same tune.

The current money being poured into the financial system isn't being filtered into the economy therefore your not going to see any inflation.
Even tho $6 trillion was pumped into the financial system your not seeing the same bang for the buck as 2 trillion went to hedge funds to bail them out of the loosing position they held.
The other 1.6 trillion the fed is buying the debt from every zombie company out there.
Money needs to be pumped into the Economy not assets.

The stupidity of old men running an economy, people tends to innovate in a time of adversity, economies fall into recession to clean out the excess. The fact that this isn't being allowed to run its course only enhances the kicking the can down the road scenario for future generations to deal with.
Are we the most incompetent generation where we expect government to do everything for us.
Government are only meant to protect of from threat of an aggression.
It's in the Constitution in Australia, UK and in the US constitution.
Now they have been allowed to run out lives and continue to increase there power with this bullshit virus, which is the flu nothing more at the present time .

More money on the way

Hi readers

Much has been said about what's going on and the markets will collapse and see the March lows again. Nothing can be further from the truth.
The Trump administration will again pump more money into the Stockmarket regardless of the ramifications next year.
The problem which is becoming a major concern is that the Volcker rules which where put into place after the last bailout are being revoked.
While this sharada of the Covidvirus  is playing the bankers are loading up the ammunition for the next bull run.
Yes it dangerous and yes it will blow up within the next 36-48 months for the time being it's steady as she goes.
There is no collapse in the financial system or anything like that yet.
Yes investment banks will explode in years to come and maybe the whole system, but for now it's fun and games and we are off to the races as normal.
The current fall in the markets is just a pure book squaring process EOFY, bonuses and redemption process.
Many are ask the great question of are we in an inflationary move or a deflationary move .
While many don't really understand the difference I'll explain both side and you can make your own mind up, in the next post .