Cash is the only KING

 Hi Readers.

Today I had a discussion with someone regarding money.

Obviously they have been on Youtube watching to all the want to be economists about the FED/Central banks pumping money into the economy and stock market inflating prices.

While this is what he believes this isn't entirely true.

I'm not about to start educating economics to everyone but we do need to clear up a myth which so many believe is true.

Economics is about supply and demand, no point having one if you don't have the other.

Central banks are the only ones who can produce cash money.(Notes and Coins)

Feeder banks which are the ones who are under the central banks have contractual obligations to supply cash to people who want cash.

Whether that is business or private cash must be made available by banks to the community.

Around the world where ever you are you look at your bank account, there is a set of numbers.

Regardless of those numbers there just that numbers. If you where to go to the bank and ask to empty your account in cash lets say $600,000 banks don't have that available.

Its your money you want it yet the bank can't pay you! reason being is as we said above they cant produce cash money.

All bank accounts with numbers in them are the banks money. They are what we call debt, banks right debt to create money, which has nothing to do with the central banks.Its the Feeder banks who decide on where the economy goes.Every dollar in the world in a bank account is debt, debt is a write on collateral, banks loan money out for collateral and whether you can accept this thats the truth.

Feeder banks will continue to write up debt as long as people can service it, and thats how the economy works, its when people start to default that banks begin to bank off on the loans they write up as people dont have the capacity to service.

Your purchases online or your purchases in department store, when you pull your card out to purchase is debt.What banks do is write account 1 as a credit and account 2 as a debit. you don't actually see the money being exchanged.

Debit is governed by collateral, lets say you purchased a house, now you wont be able to pay that in cash as the loan you take out get sent to the central bank for clearing.

Reason this occurs is that the checks and balances occur with the collateral the central banks allows.

Bank writes the collateral and loans money people never see to the receivers bank, this bank then writes up the credit to the seller and the central bank approves.

Taxes are paid and the central bank allows the transaction to go through.

It doesn't matter where you are in the world this is how the system we are in works.

The bank have campaign to convince people that you can catch COVID from cash money hasn't worked.

As the underworld has exposed how vulnerable banks are with there primitive card technology, with there systems being hacked.

The one bright spot is that Cash around the world is at a 25year high.More and more people are demanding cash in there wallets,the world is at levels of 1995. So the last 20 years of so called smart technology or tap n go has failed to convince the population.

Banks do have huge political muscle and have used it at will as governments/politicians around the world are looking after the owner personal interests.

In Australia law was passed where you can't make purchases of more than $10,000 in cash due to money laundering  laws. This is how desperate banks have become to control peoples habits. With cash no body knows who has its or where it goes or what its used for, and that's how life should be.

Its shouldn't be where the bank knows all your spending habits, how many coffees a week you drink or how many times you eat out, you might think you have privacy but you don't.

Banks amass this data and have a record of your spending habits so when you go for a loan they know exactly what you can service, then pass this data on to the tax authorities, to cross check it against your tax returns.

So whether you buy stocks, bonds gold or crypto coins it doesn't matter if the financial system does go down they are all worth jack shit.

The only thing you will have to survive is cash, everything else is more a case of how much is someone willing to pay for it.

Now in the REPO Market the is a massive oversupply of money.

This is where more and more people are paying of debt and there isn't collateral for the money so its being given back to the FED. Businesses are paying off debt, and the public has been taking up debt in the US to buy shares or speculate in the property market.This is why there is such a massive imbalance at the present time which is going to get worse. 

Some people I know have been getting paid 4 times there salary by the government and stayed home, so you can see how REPO market is so out of whack.Once the moratorium ends in September you can be your life landlords will be kicking people out of there properties who haven't made an effort to pay there rents.

Student loads will also come back so all these numbers we are seeing on consumer spending is an illusion. So much forward sales have be brought up that they will fall off a cliff. The stock market is going up on hope that things will work out but seen it all before 2008, 2000 yep and 1989.

Are all the Crypto Geniuses wrong? Maybe!!

 Hi readers 

How good is this market.

In the stock markets cracks appear and the FED puts band aids on the wounds.

In the Crypto market all the geniuses who have been buying the dips at $50K and $40K are telling everyone who will listen to buy the dips and now its at $31K.

Even those who became instant millionaires and bragging about how easy it was now have in a way just gone quiet or begging Micheal Savior or Elon to put something on twitter to rescue the bitcoin price.

Microstrategy has already bought its Bitcoin and there is no one left to buy it .

I said it before you can't have a 50% correction and be still in a bull market, no such thing.

Definition of a bear market is a 20% correction, (but its crypto so double it 40% ) then put a little more sauce on it for spillage 5% which comes to 45% then whats 5% between friends and that's how I work out my 50%.

So while all these geniuses are right in a bull market, we are not in a bull market any longer, its been my view and I intended to wait for my prices to buy back.

Sure Crypto market could bounce back up but I'll be surprised if we see $60k again until 2025.So before you all consider an investment in the asset be prepared for a long wait. Tax time is also arriving and while many think the governments cant touch you think again, Crypto is the most easiest asset to track, its for this reason regulators have no intention of regulating crypto assets going forward.

Because after 2025 crypto market will explode year on year, but until then there is a good 1000 days before and anything can happen.

Yes there are some ALT's that have got my attention as they are far lower than what I bought them in 2019 but I am happy to wait on them.

As one person said to me if Bitcoin falls everything else falls with it.

So wait its not even an accumulation period either.

There are plenty off sellers and no buyers, also with Grayscale the once heavy buyer is now looking to offload as institutions refuse to pay the management fee demanded by Grayscale.

There are some opportunities for trades coming up soon but they will be short and sharp and prices will fall again.

Don't get upset with the messenger I'm just posting what my Astrology is showing.

Disclosure  I hold 100,000STMX 4.5-5 cents AUD

Short Bitcoin $39,845 average price

Fed checkmates itself

 Hi readers

We have just had the FOMC meeting and what did we learn from it.

Geez I love how astrology never lies.

From not looking to increase rates until 2024 we are now looking at 2 increases in 2023 and this all occurred in what one month ? really nah complete bullshit, this started in February and as the inflation isn't transitory as you are told to believe, the fed now realizes that they have snookered themselves into a corner and the only way out is to raise rates.

The Repo market has been in reverse since March with more money in the system than collateral.

So banks basically hand the money bank into the fed and are being paid to do it instead of loaning the money out into the economy.

Fed has been slowly selling out of there corporate bonds they hold and while the market is holding it together they have been slowly tightening monetary policy.

What you have to understand readers is that once your are being paid $20 per hour to wash dishes there is no way you are going to accept $12 per hour down the track.

This is why its inflationary and not transitory which you are being told by media dumb asses who don't understand economics.

The one thing you need to look at is the must needs not the storage needs, that's when you know there is inflation.

By that we mean grains, oil, coffee,lumber and meats, these are the commodities that will tell you if there is inflation or not.

Please don't be foolish and think that metals are the indicators of inflation, they are not.

Example projects can be delayed if any metal is too high in price.

The above commodities are the must needs of human life and whatever the price it will be paid.

With the current drought in the US at the present time prices will continue to increase whether the FED likes it or not.

If the US cant meet there export requirements then export clients will look elsewhere and this inflationary issue will be exported to other countries also. 

This is something the FED or any central bank can't stop, as this is the free market.

So lets assume that wheat increases to $1000 per tonne do you think the farmers in the US who have it are going to sell it at $650 as not to increase inflation.

This is why its not transitory inflation, inflation is running at 13% currently in the US but the bullshit number is around 5.%.

The question some are asking is it hyperinflation and the answer to that is no not yet.

Had the fed taped off the bond purchases in November 2020 they would still have bullets to fire at any potential threat.

Right now there a sitting duck just praying the market doesn't wake up to whats really going on.

As they will loose all credibility, but then again did they really have any.

The central banks who have also followed the FED are in the same boat so to speak and they run the risk of there bond markets running and forcing massive losses on those central bank purchases.

In regards to the stock market I'm sitting on the sidelines waiting, I have money and waiting for my discounts to come.

In regards to the Crypto Market I haven't bought anything as i see them way overpriced. 

Happy to wait for the collapse, if the stock market falls there is no way the crypto market will stay up.

In regards to property, mum and dad banks are almost tapped out, property loans aren't being serviced and banks are starting to feel heat, as a I'm seeing property investors being told to either pay up the arrears or we will mortgagee sale on the property.

Its not as bad in other states as it is in Melbourne,  a penthouse in south bank is on the market at $850KAU, owner bought it off the plan at $1.6 million AU.

Yep property market is pushing higher we are being told, total bullshit yet the media spin the so good story. Yes farming properties are red hot at the moment with $400,000 per acre in some areas but not in the central and inner suburbs of Melbourne, where property is sitting on agents books.

Be smart and wait discounts are coming

Lunar Eclipse tomorrow

 Hi readers 

Yes the Crypto market recovered and everyone who bought at $32k is a genius.

So take your money before you loose it ?

Oh you can't because you believe its going to $100k, so when/if drops to 25K or 20K don't get upset and start panicking, that your going to loose your capital.

These are the type of emotion crypto traders are going through and for those of you who didn't see 2017 I'm told that this is just a more deeper scale with the high valuations.

So before you enter into this investment called crypto please have a strategy and stick to it.

Last time I checked you never go broke taking profits.

Yes tomorrow is the Lunar Eclipse and for many of you will be a series of  serious deep secret coming to the surface.

Even the country (Australia) a number of deep secrets will reach the surface and people will see what they have been told is a lie.

To make matter worse yes it is a blood moon so anticipate things to play out for a lot longer than one hoped for.

A number of deceptions will expose people in prominent positions, anticipate a scandal or two.

Information which has been fed to people to make them feel good will be exposed as fraud.

For some people it will be a wonderful time as a clear mindset will propel to bigger opportunities.

The time to buy Crypto will come but not yet.

 Hi readers

Yesterdays post upset a few readers which I really don't care.

I reality check is a wonderful thing for people when making investment decisions.

I don't gain or loose from telling you what the astrology is showing, so use it as an indicator to your own work.

There is an opportunity coming for a trade and a trade is just that a trade, its not an investment so it will need to be monitored daily.

But its after the Eclipse not before so you can wait, its ok to have money in your hands and ready for an opportunity.

In regards to the stock market its very overpriced and i can see huge falls coming.

While many believe the FED will back stop the fall I disagree as commodities aren't falling and in fact they are continuing to rise which is a sure sign of inflation.

Transitory inflation what a load of shit, its either inflation or not, I love it how central bankers don't want to admit they have screwed up and come up with these wonderful words to hide the truth.

It's the same as "I have no recollection" you do something then say this crap and you can get away with murder.

Anyway inflation is ripe and we are in an inflationary environment, now for how long before the shit hits the fan could be 3,6,12 months before deflation kicks in.

If I had to bet I'd say October is where we start to see it and accelerate in December.

Pressure on the US dollar has started and will accelerate, someone has to pay the piper and free money does come at a cost which the tax payer has to pay.

Its amazing that 77% of Americans believe they will never pay back the debt there country has accumulated.

In 2024 when interest rates explode higher we will see about that, as country wont accept the US dollar as secure commerce.more on that later tho.

Bitcoin can't loose 50% value and still be in a bull market.

 Hi Readers

So we see the Stock Market now becoming extremely dangerous.

I say that for a few reason.

The SP500 stock yield is now lower that the 10 year US bonds.

The last time this happen was the 2000 tech boom where within 2 months after the Nasdaq market collapsed 50% and industrial stocks come off  30%.

After the SEC positional filings release we see professional money continuing to liquidate shares while those same people have been in the media telling retail to buy.

We also see the FED's minutes say that they are considering taping off, which should this be the case i worry for what will play out.

Sure some will say we know this is coming and that the above is old news, but if its one thing i have learnt is that fear runs far quicker that greed.

To the Crypto traders we have seen the market take a serious beating, and before you all start believing the bullshit that so many spin on youtube and twitter, let me just say this.

No Bull market looses 50% of its value and is in a bull market.

Yes you will have your 5-10% correction on a bull run, but its not possible to loose 50% of the value of an asset and still be in a bull run.

In Crypto as is the case it does tend to hyper extend to 25-30% but not 50%.

Bitcoin or Eth and for that matter any other Alt coin has lost over 50% value and its for this reason there is no Bull market..

It's the musical chair game where you need to find a seat before the music stops or your toast.

People playing the move as a correction phase are talking crap, as we have said it before until the house of fools stops your the one who holds the coins is the fool.

94% of coins make no money, the are hoping that people will believe there story and pay up for there coins, therefore your buy hopes and dreams.

Yes even Bitcoin makes no money, it is a storage of wealth i am told ?? really well every time the stock market get a smack in the mouth so does bitcoin, yes and gold,so the idea that its a storage of wealth is false.

It has value because of the scarcity 21 million and that there is fools happy to pay $30,$40 or $60k for it.

Once again we are in the fourth year of the cycle and no one said it ends in December, it could have already ended.

There will be a time to buy and hold it but not now, yes there is trading opportunities in it but you need to be watching the screen 24/7 as changes are happening hourly.

The fact that 40% of bitcoin storage coins came on to the market wasn't reported until after the fact, yet Glassnode and other muppets come out and are quick to give any reason for what occurs for a bullish case.

Companies and individuals have there own agenda so its best to do your own research before listening or reading peoples views.

after the fact everyone is right,and the world does know that everyone trading crypto has made serious money.

Ideal for scams and estate agents to fleece.

Before the email get shot at me let me make it clear apart from my bitcoin ,ETH and UBT, all other crypto's I sold are now lower than what I sold them at back in Dec-Jan.

Its ok to stay in cash and be ready for bargains when they come. 

Disclosure

I only hold 100,000 STMX at 4.5-5 cents Australian.

 

Astrology is never wrong just delayed by funny money

 Hi Readers

So we are now starting to see the cracks appear and yet regardless of the central banks trying to prop up asset prices, there comes a time where the piper wants to be paid back for the money lent.

For those of you on the country you will have witnessed how grain prices are creeping up and yet the city slickers have no idea whats about to hit them.

Increases of 15-25% on staples is coming, bread, chicken,meat,eggs,rice and pasta just to name a few.

This is where regardless of what the city is doing the country is what will affect the city moving forward.

Yes that word called inflation has come and while the numbers coming out are complete bull shit, they keep the bond vigilantes at bay.

Anyone who does the grocery shopping will tell you that cost are up by 15% from a year ago.

Yes even Australia now uses American economics, exclude everything that goes up.

But now with all commodities rising above and beyond what many expected numbers are creeping up,world wide.

Oh we are waiting for wage inflation to kick in!! Really try asking your boss for a wage increase and the first thing you'll see is the door.

Want proof, the reserve bank of Australia has sacked in the last 4 months 25%of its work force due to staff asking for a pay rise.

Workers ended up with a 2.5% pay rise instead of what they where asking for 8%, and to pay for it they sack 25% of them.

To the Crypto believers everyone has become a professional crypto analyst.

Oh yes and you will all make millions playing in it too, how foolish so many people are.

I say this because farmers who no longer farmer to textile owners are now expert crypto traders.

Let me tell you something which I have told some of you privately, in a bull market everyone makes money and you don't need to be smart to buy and hold.

Its when markets begin to shake that the cream rises to the top.

I've said it before on 5% of crypto projects are valid the rest are all dream and crap, while you have suckers paying up shit rises, but when new players stop playing then price discovery comes along.

As is the case now, Ive heard the stories like so many of you a $100k bitcoin and all the other pie in the sky dreams and you know what that might happen, what about if it doesn't whats the get out strategy.

I've discovered that 98% of so called crypto experts have no strategy, buy, hold, hope, pray.

I only know one individual who bought near the highs in 2017 and held until now.

Be smart there is a time for accumulation and investment and that,s not the time now.

I have to disclose I don't hold any crypto assets at the present time, except 100,000 STMX at 4.8cents AU.

They are a 2028 investment.

I do not hold any Bitcoin or Eth or anything else.

I've said it before we are at the 4 year cycle and if you believe in this theory then this is the top year.

Also after Bitcoins halving 15-18 months later bitcoin goes into a bear market.

Now if Bitcoin goes down what do you think the Alts will do?

No point asking me if its time to buy Crypto assets for a bounce, a fools bounce is what professional money looks for to sell into.thats why so many are caught out at $60k waiting for it to come back up.

Yes there are also many who are holding bitcoing at 55k and 50k, then you have those who believe in Fibonacci levels at 45K.

As I'm typing this up its currently at 37.2k 

Yes i got out a little to early as i used my stockmarket money management rules, but last time I checked i still have my money while most are stuck at high prices with no cash and wearing losses.

Just something to think about people thats all be smart .