|
|
Created on: 11/28/2023 4:21:27 PM Last Update: 11/28/2023 4:42:01 PM Posted by: RTT
WARNING: This entry is 926 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.
1 POST
Ethereum runs hot on new market liquidity
|
 The 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.
Click for popup. Clear your browser cache if image is not showing.
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.
Click for popup. Clear your browser cache if image is not showing.
Chart 3 - Ethereum Channel support and resistance forecast or equal move forecast.
Click for popup. Clear your browser cache if image is not showing.
NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
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.
Support this work by buying us a hot drink by CLICKING HERE. If you would like make greater contribution, please make a donation by CLICKING HERE
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
.."Every once in a while you must go to cash, take a break, takes a vacation. Do not try to play the market all the time. It cannot be done, too tough on the emotions."..
Jesse Livermore
...“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).
.."When I bet big .. I have a mind to own a position for years .. Yet you must have a ruthless objectiveness and open mindedness as to when the facts change to exit the position, if so within hours or days .. I have not used a stop loss in 40 years"..
Stanley Druckenmiller
..."If you don't read the newspaper, you're uninformed. If you read the newspaper, you're mis-informed."...
Mark Twain
.."A market is the combined behavior of thousands of people responding to information, misinformation and whim"..
Kenneth Chang
|
|
|
|
We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund
|
|
 | Pages |
| | 1. Blog Performance Review |
| | 2. List of the best blog posts |
| MostRecent |
|  | Gold what is it good for? |
| | Welcome to QE 5 |
| | Dow Jones Long Cycle Review |
| | Gold Price Target |
|  | Bitcoin slump! |
 | Ney(1) |
 | | US Dollar with Ney and Gann Angles |
 | Crypto Currency(33) |
| Central Banks(19) |
| Crisis Watch(9) |
| Wyckoff(5) |
| Cycles(5) |
| Gann(13) |
| Chart Review(17) |
| Browsing(121) |
| RTT TV(15) |
| Sector Watch(33) |
| RTT Tools(43) |
| Wyckoff 2.0(43) |
| Market Strategy(74) |
| Cycle Review(77) |
| Swing Trade Idea(49) |
| Market Calls(26) |
| Investors(105) |
| | Hidden Pivot Point and Wyckoff logic |
| News(7) |
| Bonds(20) |
| Metals and Forex(169) |
| Wall Street(25) |
| | Wealth Manager 60-40 Portfolio Theory Challenge |
| Ticker Review(35) |
| | Silver stock taking the sector higher |
| Uncategorized(2) |
| | Bitcoin Chart Review |
| Market Review(96) |
| Jokes(28) |
 | Economic(100) |
| | USA economy to pick up second half of 2025 |
| | China M1 is key to watch. |
| | US Debt to GDP issue, what is next? |
| | The uninformed are crushed by money supply growth |
| | US Election Year Cash Bazooka |
| | 2024 soft landing working it |
| | US GDP recovery |
| | US tax receipts hurting the dollar |
| | Stagflation now, as deflation risks grow |
| | Love of property investment will die |
| | Money supply crash will force a sharp FED reaction |
| | Powell has a debt problem |
| | Powell doing a Volker to crush inflation, yeah right! |
| | Bubble Watch - Maybe it only just started, Dow 50000 - Update 1 (RTT Plus) |
| | Bubble Watch - Maybe it only just started, Dow 50000 (RTT Plus) |
| | US is bound by these economic rules (RTT Plus) |
| | Dow Jones Utility index could trade like the FANGs |
| | Funds are getting ready to move out of USA |
| | US Economic Review 2019Q4 |
| 202606(1) |
| | Gold what is it good for? |
| 202605(1) |
| | Welcome to QE 5 |
| 202604(1) |
| | Dow Jones Long Cycle Review |
| 202603(1) |
| | Gold Price Target |
| 202602(1) |
| | Bitcoin slump! |
| 202601(1) |
| | Gold and Silver Targets |
| 202512(1) |
| | Wyckoff Chart for 2026 |
| 202511(2) |
| 202510(1) |
| | The Big Long - Everything Gold |
| 202509(2) |
| 202508(1) |
| | Dollar soft into 2030s (Part 1) |
| 202507(1) |
| | Macro Chart Storm |
| 202506(1) |
| | Wyckoff logic working in modern day markets |
| 202505(1) |
| | USA economy to pick up second half of 2025 |
| 202504(1) |
| | Semi Conductors ready to bounce. |
| 202503(1) |
| | Mining stocks higher into 2026 Mid terms |
| 202501(2) |
| 202412(1) |
| | Bitcoin passes $100,000 |
| 202411(1) |
| | Post TRUMP win, our top pick |
| 202410(1) |
| | China M1 is key to watch. |
| 202409(1) |
| | US Debt to GDP issue, what is next? |
| 202408(1) |
| | Market Money Sugar |
| 202407(1) |
| | The uninformed are crushed by money supply growth |
| 202406(1) |
| | US Election Year Cash Bazooka |
| 202405(1) |
| | Bitcoin 2025 price targets |
| 202404(1) |
| | Fed panic signal to watch for |
| 202403(1) |
| | Gold stocks ready to move |
| 202402(1) |
| | Long term bond games will send investors into gold |
| 202401(2) |
| 202312(1) |
| | Stock market cycle look into 2024 |
| 202311(1) |
| | Ethereum runs hot on new market liquidity |
| 202310(2) |
| 202309(3) |
| 202308(3) |
| 202307(2) |
| 202306(3) |
| 202305(3) |
| 202304(4) |
| 202303(2) |
| 202302(4) |
| 202301(3) |
| 202212(4) |
| 202211(3) |
| 202210(5) |
| 202209(3) |
| 202208(4) |
| 202207(4) |
| 202206(3) |
| 202205(5) |
| 202204(3) |
| 202203(3) |
| 202202(2) |
| 202201(4) |
| 202112(5) |
| 202111(4) |
| 202110(3) |
| 202109(5) |
| 202108(5) |
| 202107(8) |
| 202106(9) |
| 202105(7) |
| 202104(4) |
| 202103(7) |
| 202102(6) |
| 202101(8) |
| 202012(3) |
| 202011(5) |
| 202010(3) |
| 202009(4) |
| 202008(4) |
| 202007(4) |
| 202006(3) |
| 202005(5) |
| 202004(4) |
| 202003(10) |
| 202002(5) |
| 202001(5) |
| 201912(5) |
| 201911(5) |
| 201910(7) |
| 201909(5) |
| 201908(4) |
| 201907(5) |
| 201906(5) |
| 201905(7) |
| 201904(5) |
| 201903(8) |
| 201902(5) |
| 201901(6) |
| | Aussie Gold Stock Review |
| | RTT browsing latest.. |
| | Bitcoin is entering the Dead Zone |
| | Cycle moves to profit from in 2019 |
| | Bitcoin, How do they get those $50k forecasts? |
| | Big Profits from Big Channels |
 RSS
Atom
Email Delivery
Blog Links
Symbols used in blog
AAPL AORD AUY BB BTC COP CRB DJI DOW DXY ETH EUR FXE FXY GDX GDXJ GLD GOLD HMY HUI INDU JJC LTC MCD NCM NFLX OIL PALL QQQ RGLD SIL SILVER SLV SOX SPY SSRM TLT TNX TRAN TYX UTIL VIX XAU XLE
|