This blog is based on astrological aspects and interpreted in a market format for people to understand how astrology can foresee much further than man made computers. Advice given for free is not taken seriously as you didn't pay for it. Had you paid for this advice and not acted then your a hypocrite Make what you will of it, be entertainment or informative. PLEASE SEEK FINANCIAL ADVISE FROM YOUR FINANCIAL ADVISOR ..Thank you
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Sunday, October 25, 2020
Deflation we are in
Hi readers
So the central banks are going to create inflation for us all so they can stabilize the monetary system.
This isnt possible with the actions they have all taken.
The numbers being printed up on screens and being hoped that banks would lend it out isnt working.
Banks are continuing to hoard the moeny and accept .025% is better than nothing.
So the next move by the central banks will be to go net negative on rates.
Thats hoped that banks will lend this out.
Insanity is doing the same thing over and over and hoping for a different result.
Fact is the banks know exactly were there at with their customer loans and they are not prepared to loan out when they know full well they wont get there money back.
Right now you might not be able to see it but banks around the world are being nationalised.
Governments are taking over as banks dont have a choice.
They need to take this money on offer as not doing so exposes there books to bad loans and rotten past mistakes.
Central banks cant now come out and say for the last 30 years we have cut all inflationary items from the inflation numbers.
That would be like prep economics.
So there only way is by creating a digital currency and measuring it on digital purchases.
Problem they dont realise is that the blockchain is audited and is accounted for so there is not bullshitting around.
Its for this reason at the moment there all looking at it but trying to find a way to play with the numbers/measures to suit themselves.
Imagine they start this then 5 years down the road there is 10% inflation,wholesale lending rates will explode to 8%.
The repo rate pushed 1% higher late last year and if the fed didnt step in the credit market would have collasped.
So to the crypto traders out there the central banks are looking for keys to be able to manipulate the numbers.
But as we all know the Blockchain runs on ledger and can't be hacked, believe me they have tried and failed.
To the gold believers there might be one more push up but I think this is as good as it gets price wise.
I just can't see how gold can trade higher in a deflationary enviroment.
Silver will go higher in time due to solar/battery but gold I don't see it.
Above comments are based on Financial astrological views.
Ask your financial advisor on more on the above.
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