Followers | 163 |
Posts | 7075 |
Boards Moderated | 0 |
Alias Born | 04/26/2010 |
Tuesday, May 10, 2022 7:47:15 PM
A couple things. The dollar is soaring for one reason only: The Euros are fleeing from their rotted currency. They are doing so because they can see the handwriting on the wall: Europe looks to be going into a severe recession, a depression, and what may emerge will be no EU whatsoever. It is hard to foresee what is coming out the other end. Global capital flows now accounts for the Dollar strength. Here is the best guy on earth who always explains this main factor behind dollar strength. Which strength will subside.
https://www.armstrongeconomics.com/blog/
The dollar is going get whacked, once it peaks. It will peak once Europe finishes being emptied out, a disaster in the making. What will replace it? certainly NOT bitcoin, which is going back to 12,000, as a first stop. It is hard to see but the odds favor a commodities based currency, a basket, but how is unknown; the digital thing via a "great reset" is many many years away.
What will hasten the dollar? The world war that is just starting an d about which the West is a sort of East Germany behind the Iron Curtain population. The oligarchs and their media have the population especially america's behind an Iron Curtain, but this will eventually fail.
There will be a NATO army with boots on the ground, mostly Poles, in west europe by July, an earthshaking development, I am 200 percent confident of this, and as soon as the Ukrainians are vaporized which is happening now in the Donbass, their top army which the americans and brits have spent 8 years training and equipping. it is being vaporized now before their eyes, suffering losses on irreplaceable manpower at a rate of 30,000 plus trained troops vs. just 2,000 (maximum) russian soldiers. This is driving the american oligarchs, military and the west euros crazy with rage you have no idea. To see their latest gambit get vaporized before their eyes is driving them California crazy with rage, especially after the Brandon Afghanistan humiliation and flight to safety. Americans are buying off the western governments now to build and transport a coalition army to be placed in eastern Ukraine, there is zero chance this will not happen, and Putin knows it is coming and he may well vaporize that as well. He probably has little choice but he does have some choice about the western one eight of the ukraine, which is dominant polish.
I am completely in cash, this ain't my first rodeo...
Expect the SPY down at 335 in about 3 months from now, or the S and P very close to 3000...or thereabouts.
Recent SLV News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:40:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/03/2023 06:39:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/04/2023 06:19:53 PM
- Will Silver’s 200-Day MA Break? • ValueWalk • 06/30/2023 07:38:03 PM
- Silver Hangs On By A Thread • ValueWalk • 06/16/2023 05:46:04 PM
- Silver Market Deficit Reaches All-time High In 2022 Amidst Investor Indifference • ValueWalk • 06/10/2023 03:23:22 PM
- Silver’s Swoon Should Resume • ValueWalk • 06/05/2023 05:22:07 PM
- Silver’s Slide Was Far From A Surprise • ValueWalk • 05/19/2023 09:51:37 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM