Hi Readers
I've deliberately held back from posting as a number of you I am the bearer of bad news. One reader called me the king of bears but I only call it as it is. Whether you can accept it or not is a matter for the reader.
So what's happened since April, market have rallied, Bitcoin market has gain and now loosing steam. rates have gone up another half a percent, and inflation is still rising. Gold's shine is fading and so to is the US dollar. The banking crisis is a memory and we believe in the AI Wank. I think I summed it up in five lines.
So lets break it all down as its all interconnected. Because while we are told one thing and we can see financial markets going up why is it then that we are all finding it difficult with the day to day expenses and living cost.
Lets go back just won step to 2020 and remember the words " You will own nothing and be happy".
So what are we currently going through ?
We saw this last week that the FED paused but said that they are still going to move in the future on rates. Yet as soon as they announced this commodities exploded higher. Grains 7-10% metals gains and so to the softs.
Currently we have moved into a deflationary environment in the US yet the FED and the media is spinning the story that inflation is sticky. If commodities start running then inflation is going into a reboot and higher inflation will come.
At the present time service inflation is very sticky and while rental prices are holding up there about to seriously collapse.
We are starting to see investment hedge fund who bought housing property in 2020-21 looking to sell as they already can see that the rental prices collapsing in the US so time to get out was 8 months ago.
So what does that say about the Australian housing market which has been over 150% overvalued. Currently the housing market in Australia is falling slowly but it about to seriously gain steam.
So what does that say about the current inflation outlook in Australia?
I've said it before inflation can be quashed if commercial banks just increased banking provisions. Interest rate is a way to squeeze out the fake money out of the system.
Lets dig a little deeper so some of you can understand how the system works.
Fake wealth is created when mass movement into one asset inflate prices, to the point that anyone can buy and make money as its a stampede. So yes we have seen police officers ,factory workers or track drivers owning crypto currencies and making money , then moving money and moving it into the property market. Property in particular has inflated for so long that banks have been driving the gravy train all the way up. To the point where people now are priced out of buying there first home.
Property is meant to be for people to live in not be investments to make people become slaves to banks.
So YES I have no pity for anyone who has bought property and is bleeding because interest rates have increased, yes they are going to increase more and yes housing prices will collapse overnight, exactly when is a matter of time. We said previously to get out of property trust before they collapse some took it while other said I am a doom and gloom. Good luck getting your money out now.
Going back to the inflation issue had the central banks moved back in 2021 rate would be up at half the level they are now, and both the stock market, and property markets would be recovering by now. So everything we are currently going through world wide is by design. don't be fooled by what your told whether isn't government or media.
So please don't be fooled by what your seeing currently, the stock market in the US is increasing with just five major stock responsible.
Property at the moment people are defaulting yet they are selling assets as not to loose the marital home. Car leasing is collapsing with people defaulting as rate increases have paralyzed people ability to service loans.
Credit cards are now being used to purchase everyday essentials. If this isn't telling you that society is struggling then I don't know what will.
Mind you this can be all avoided if we just stopped the debt base system we have been forced into.
As Always use the above as an indicator to your own work
The above is based on Financial astrology
Ask your financial advisor on more on the above
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