We might actually finally be solidly in the Rao Pauls banana
zone (banana, as in banana republic). He and others like him
have been saying that when control of the monetary system is lost,
the market will skyrocket 20% or more in a very short time. At
least if it happens now, I can explain that it was pretty obvious
to see coming when my grandchildren ask about it. I could see price
just busting higher next week and not looking back. The
charts and circumstances are lining up very well for a major
historical moment -the Fed is hinting at 50, inflation data came in
warm, Gov is running a 6% deficit, Gold and other hedges against
currency devaluation are crashing higher and equity markets are
essentially at all time highs. Market crash seems very likely -
crash HIGHER.
We might actually finally be
Posted by bthefnd on 13th of Sep 2024 at 05:06 pm
We might actually finally be solidly in the Rao Pauls banana zone (banana, as in banana republic). He and others like him have been saying that when control of the monetary system is lost, the market will skyrocket 20% or more in a very short time. At least if it happens now, I can explain that it was pretty obvious to see coming when my grandchildren ask about it. I could see price just busting higher next week and not looking back. The charts and circumstances are lining up very well for a major historical moment -the Fed is hinting at 50, inflation data came in warm, Gov is running a 6% deficit, Gold and other hedges against currency devaluation are crashing higher and equity markets are essentially at all time highs. Market crash seems very likely - crash HIGHER.
Glad to see you are
Posted by jerkelly on 13th of Sep 2024 at 08:58 pm
Glad to see you are back. I really enjoy reading your thoughts and commentaries.