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Created on: 11/28/2023 4:21:27 PM   Last Update: 11/28/2023 4:42:01 PM Posted by: RTT
1 POST Ethereum runs hot on new market liquidity
ethereum-runs-hot-on-new-market-liquidityThe US elections attract an easier market; this time there is another incentive to let the juice run.


The US presidential cycle runs for 4 years; the years before and after the election are the most market-friendly to the bulls, as politicians promise the kitchen sink. Typically, the incumbent will do all they can to ensure the economy is doing well before the election; they do this by making the monetary condition easier. One way to do this is to lower the US dollar.



Chart 1: US dollar (DXY)

The blue lines are US election dates (November). Both 2016 and 2020 saw a move to get the US dollar down in the 12 months prior to the election.

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DXY



During the next 13 months the US Government has to fund the US deficit to the tune of $8 trillion dollars of existing and new debt. This means they need to find $8T USD out in the market place to buy this debt. There are many tricks the FED and TREASURY can do to do this, and one trick to lower the price of the US dollar debt to foreign investor by lowering the currency it is sold in (say DXY near $90), otherwise known as currency debasement.

Bert Dohmen of the Wellington posted this (2023-11-27): 

We just read that the federal government is running its largest deficit as a percentage of GDP outside of WWII period. Another great achievement!


And next year we are likely to see the greatest money creation out of thin air in the entire history of the US. The Fed has to create ways to finance the record deficits by the creation of new money.


That of course has inflationary implications. And that will plunge the bond market again, making the bond disaster even worse. Remember, last time we wrote the global bond market is $128 TRILLION. That is 128 billion times a billion dollars.


We conservatively estimate that they have unrealized paper losses of at least 60%. Therefore, the loss on the global bond market would be a staggering $77 TRILLION!!!


Debasement of the currency is a likely event to massive indebted sovereign states. Investors can protect themselves from this by investing in anti US dollar investment vehicles like: Gold, Silver, Oil, Crypto.



Chart 2 - Ethereum cycle is ready to run on currency debasement.

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ETH 1





Chart 3 - Ethereum Channel support and resistance forecast or equal move forecast.


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ETH 2




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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.


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Investing Quote...

...“My satisfaction always came from beating the market, solving the puzzle.  The money was the reward, but it was not the main reason I loved the market.  The stock market is the greatest, most complex puzzle ever invented – and it pays the biggest jackpot…it was never the money that drove me.  It was the game, solving the puzzle, beating the market that had confused and confounded the greatest minds in history.  For me, that passion, the juice, the exhilaration was in beating the game, a game that was a living dynamic riddle"..

Jesse Livermore


.."A businessman cannot force you to buy his product; if he makes a mistake, he suffers the consequences; if he fails, he takes the loss. If bureaucrat makes a mistake, you suffer the consequences; if he fails, he passes the loss on to you"..


Ayn Rand

.."The key to making money in stocks is not to get scared out of them"

Peter Lynch


...“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”...

Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).


.."Capitalism works better than it sounds, while socialism sounds better than it works"...


Richard Nixon




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