I have a target for Bitcoin and it could be the terminal move for everything. 80.547. It is getting there fast. Now over 62K. I also have targets for all the government bond yields. It should rise 80% or more from where it is today. 10 Year at 4% should go over 7% and perhaps almost reach 8% as the top.
The Stupreme Court UNANIMOUSLY decided STATES can't stop a former president involved in insurrection from being on their ballot. This and other decisions by them will solidify their demise. no, not by the Democrats if they ever gain power again. Rather it will be their undoing when the crowned dictator ignores their ruling and their recourse is ZERO! They want to make it crystal clear they plan on making sure TRUMP is the winner at all costs. Waiting months to decide to grant another delay by 7 weeks to hear the case on immunity is simply astonishing. THAT one act makes absolutely sure Trump is our next KING!
In every aspect of life, we view decisions thru distorted lenses that make everything impossible to see clearly. it allows for our own bias and imagination to decide what it all means. History will write volumes on the most corrupt greedy immoral nation that went gladly in this path. It would make the roaring 20's seem like a pimple on the spreading cancel cells. The buildup of insanity on insanity can only result in one outcome. Since they are all converging at the same time, as if by design, we are assured of a timeline also. I will be moving out of this country right after the election results. My 2 concerns are governmental disease similar to ours and staying neutral on world violence. Once again, the timeline is marked as the last possible moment before we crash. The CRASH also has a defined preference seasonality. October is my number one choice. BUT if this July we manage to avert a crash and October sails thru also that places the absolute last moment we stay afloat is July 2025. THREE DATES: This July, This October, Next July. There should be no extension from there.
My primary choice to move is Costa Rica so far. Stable non-military government, decent cost of living, preserves environment, less likely to experience war domestically or worldwide. I know this sound crazy but my crazy predictions from the start of trumps first term was even more crazy and yet I managed to underestimate the truth.
What will cause Bitcoin to hit 80,547 is easy and hardly anything now should stop that from happening. How bond yields almost double from here will be interesting. Inflation is the easy answer but not the only one. Strength of US economy against other nations, issuance of government debt receiving weak demand and yields rise to compensate. Whatever the reason, I will be watching to see if the current yields hold and start to rise again.
Dutch Republic was a major economic financial powerhouse in the 17th century. They were the preeminent king of world commerce. A tulip mania from 1634 to 1637 placed the cost of ONE Tulip at 10 times the annual wage of a skilled artisan. INSANE in hindsight since it had no intrinsic value. It rose on demand against supply. as a fashion statement. Today we shake our heads over the easily accepted belief it was doomed to fail but then we saw things a tad differently. Bitcoin has no real intrinsic value as people try to explain it is money at a limited supply. Coprolites are also fairly rare as its property is fossilized dung. Limited supply. Demand for all these items it made up and then fantasizes as an item you must own to capitalize on the fad. Self-fulfilling growth till something wakes us out of the dream.
When the last bastion of sanity of the three branches of government side exclusively with a dictator knowing full well the repercussions, we can easily CLEARLY extrapolate the final outcome. Like accepting the decade long rhetoric against their own citizens in Germany in order to find a real scapegoat and build country pride at the same time. Now in truth the final outcome could have been a world ruled by Germany. In truth is is also possible to have a new world order where dictatorship is the norm. BUT given the insanity of both Trump and Hitlers vision it becomes less likely they will succeed. In Hitlers case we had conventional warfare till the very end when we decided to flex our dominance by killing hundreds of thousands of men, woman, children not just one time but two. Was it inconceivable to drop the bomb offshore displaying its might first or even after the first devastation? It became a political weapon flexing our dominance and warning to all. Killing Asians was an easy call. Killing the Arian nation would be unthinkable.
We are still capable of horrendous acts that can allow you to sleep comfortably at night. The scientific fact on the atomic bomb falls flat against our emotional needs to be satisfied. We can easily find excuses to have a nuclear war and i suspect we will. This mighty nation that once begged for immigrants to fill our land spits on them today and portrays their mind and body as alien to us.
AM I JUST ONE MAN THAT LOST IT? Overreacting? is my facts and conclusive path we are on false? As I stated almost a decade ago I SURE HOPE SO!
