Hi Readers
What a week it was .
We saw so much volatility that many are starting to become concerned about the future.
The inflation that all central banks have caused has only just started.
The media is being used to full affect to limit the knowledge of participants making future decisions.
I say that because I'm seeing empty building complex's and yet superannuation fund are still showing profit yet no revenue coming in. Losses are being hidden through accounting smarts.
People are struggling and yet all we are hearing is total bull shit from the FED, ECB, and every government around the world.
Now the FED and the ECB are looking to start buying debt to reduce borrowing cost but that will only accelerate inflation two fold.
Tech companies in the US are sacking there work force up to 30% and yet we are get crap that the economy is strong. Its not contracting world wide and they know it but we are not meant to know it.
The public is only allowed to know when its too late.
We see the crypto market falling apart and while the professionals know whats going on, retails is watching there wealth slip through there hands.Asking the question should I crystalize the losses?
I hate this sort of manipulation and its the reason That I started this blog. Not asking for anything other that people think for themselves and understand the macro picture.
Today Bitcoin broke the $20,000 level and the amount of emails I've received is remarkable.
I've clearly stated that things aren't what they seem and you need to be in cash, companies or investments you are prepared to hold for a couple of years. yet people seem to think that buying the dips is the way to go.
I understand the mentality as its worked for so many years but this is different.In 2008 the infection of free money was in the wholesale market. This time around its in the economy (retail)and its feeding on itself and is only going to get worse.
What people don't seem to realize is that the more digital people move to the more clearly the central banks understand peoples behavior and spending patterns.Not a conspiracy theory its a fact.
Central banks are fully aware of what people's savings are so them raising rates with the knowledge of what people can afford on there mortgage.
Also note that all the free money that was given back in 2020 will be taken back with interest something many don't understand will happen.So with all this in mind investments need to be defensive not aggressive as growth isn't coming soon.
The above is only based on Financial Astrology.
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