Posted by DigiNomad on 12th of Apr 2024 at 03:01 pm
Hard to say on an exact 1st reaction basis, but there's no doubt
they will take money printing from war time levels like we've been
at for 3+ years now to completely berserko mode if the war
escalates. That will inflate assets eventually simply because
the currency will be worth less. In the short term, this move
was waiting for a trigger and got one. It could have been something
else. We were due and it came along.
We were overdue. The white MA is the 21 EMA. The gap / time
between touches is an all time record....and it wasn't close to the
next record. We just happen to be debasing our currency at an
all time record rate. Here's where everyone says "yeah, but
correlation isn't causation."
If the Israel-Iran war escalates
Posted by tradeit007 on 12th of Apr 2024 at 02:55 pm
If the Israel-Iran war escalates over the weekend, does gold go up & spx go down? Can someone comment? My brain is telling me this is too obvious.
Hard to say on an
Posted by DigiNomad on 12th of Apr 2024 at 03:01 pm
Hard to say on an exact 1st reaction basis, but there's no doubt they will take money printing from war time levels like we've been at for 3+ years now to completely berserko mode if the war escalates. That will inflate assets eventually simply because the currency will be worth less. In the short term, this move was waiting for a trigger and got one. It could have been something else. We were due and it came along.
We were overdue. The white MA is the 21 EMA. The gap / time between touches is an all time record....and it wasn't close to the next record. We just happen to be debasing our currency at an all time record rate. Here's where everyone says "yeah, but correlation isn't causation."
maybe, or maybe it made
Posted by matt on 12th of Apr 2024 at 02:58 pm
maybe, or maybe it made the move already anticipating it, we have a potential 5 of 5 that may have completed this morning.