If you had been smart enough to follow my blog I had predicted EXACTLY what would happen the night of the election. Ok, well to be fair it was baked in the cake. When President Trump said he would fight the results 'before' election night; you could pretty much price that into the future.
Gold is catching a bid with the uncertainty. Us Gold bugs still wait with baited breath until the COMEX fake paper markets no longer represent the actual physical amount that has been refined and in hand. Alas, this manipulation will continue until there's a total breakdown. So if you are like me, you just HODL and wait for the inevitable outcome (which could take another decade). With the accelerated pace of change in the world it could be a lot sooner.
- Good bet
With all the uncertainty, with all the manipulation it looks like is Stonks positive? Not really, but we all know this shit is propped up either way. Makes a lot of sense considering Oil is so damn cheap. Sounds like a really productive society! I guess TESLA has their cars in the hands of everyone!
The one thing I am scratching my head at is the DXY. It's weaker and acting as a real gauge to how the USD should really be. The liquidity is staying in the stock market. I guess real traders really feel the FED or GOVT.ORG will be giving out STIMULUS regardless of who is elected. So why bother positioning yourself when you know the market is being propped up.
The real winner is BITCOIN! Some alts were dragging behind it, but it looks as though there's a strong buy which will become even stronger as the status quo of NOT having an elected official will drag on.. my fear is a total breakdown; final division civil war kinda stuff. I couldn't imagine the USD being strong in that kind of environment; perhaps that's why it's not strong right now.
So BITCOIN is getting there. It is quickly accelerating towards it's all time high. I am not predicting it will break it's all time high but it sure feels and looks like it's headed towards it's top. Buyers should beware as always! As quickly as it can head towards a destination; there may be many profit takers. I wouldn't want to have been the guy who bought at 18K only to wait 2 years seeing the discounts.
I have been asked my prediction on ALT's.. it's humbling to know I'm being asked anything.. So I think the pattern is clear. As long as Bitcoin rallies there will be strength where it can be seen. If it continues to rally; that's where a majority of the market will remain. Alts will eventually benefit as they always have but it's strength of the Bull where the win will be at. HODL Bitcoin ride the wave and wait for that trickle down effect.
Yep, silver-gold will rally only after the system brakes.
Soooo, $500 silver, yep, but you won't have any money in the bank.
There might not even be The US$s to trade the silver for.
Bah, what a horrible "bear - trap" we are in.... :-p
My problem now, with gauging the bitcoin/altcoin market is that we are going to start seeing adoption.
And, at a similar timing we are about see capital flight. (into cryptos)
And this makes a mess out of ATH price technical analysis.
Buuuuuttttt... it will be a time of "the biggest winners" and the not quite as great winners.
Really do not know how to position for this.
My bet is on litecoin or bitcoinCash as they have really put effort into Point Of Sales devices.
But then we will also see such huge skyrockets in things like Ripple, Veritaseum & Theta.
Ripple because that is where a lot of institution will be going (because that will be the deep state coin, get out before $9)
Veri because it is going to be the thing that saves stock markets around the world.
Theta because it is going to be the thing as ThemTube really implodes.
But that is all conjecture.
Great Reply! Yes all conjecture but love hearing it!