The Three Pronged Approach to Kick-Start The Ecomomy
Welp... I called the dump.... which isnt hard when everyone else was saying it... and now I wanna call the DOWS Legendary pump I expect to happen tomorrow. This may be a V recovery... of course we have the check market structure for weakening at key resistance levels.. and to be honest the monthly chart looks terrifying but the talking heads on TV are doing a good job of blowing hot air into the asshole of this market. The crazy part is that I have my reservations about this Coronavirus scare, but we have to only think of the possible outcomes that come from it instead of its cause or legitimacy.
Firstly... What can we expect moving forward... Printing... LOTS of it. Im not going to go into that and beat that dead horse but I have to say. The last time we had a bail out this big it took 26 months to print the amount we just did OVER THE WEEKEND... Can anyone else hear a MASSIVE sucking sound coming out of the financial markets?
Second.. we need to look at what else they intend to do financially.. They are not only considering bailing out Wall Street again. They are also going to be bailing out the people which is going to be an insane amount of money if they wish to do so with almost every adult in the USA for the next 6-8 months. Its almost as though they are trying to get everyone whipped up into a frenzy to justify universal basic income... I believe this is going to also create consumption right as companies were supposed to seize up.
I also expect there to be some pretty draconian laws that will be reminiscent of the "Patriot Act" after 911. As the old saying goes; problem, reaction, solution..
What did this virus cause? just a jump start the economy with windfall profits from panic buying at stores right when they need it most... The Markets were and still are already over extended. This is going to create a large number of people to eye ball the situation right when the Fed is preparing to bail out mission critical companies... Remember... Right now it is IMPORTANT for them to show cash flow on their balance sheets and look strong when others are weak. Amazon and Kroger have gone on a hiring spree in order to create the illusion of healthy growth when its only induced by the stimulus as well as the Corona shopping spree... victory short lived in my opinion but they NEED to regain the markets confidence. After this weekend the Fed is out of bullets and I dont think they are pulling any stops on this one.
Finally lets talk what is likely to happen from here.. For starters there is going to be a MASSIVE jump in price action across the board. Its going to cause the Mainstream media to chew it up and mouth feed it to the 2 boomer viewers they have left and not to mention those damn hospitals, airports and Government Institutions that give them their false legitimacy. This is going to create a sense of normalcy in comparison to what we have been experiencing since the start of it all. When stocks pump HARD tomorrow people arent going to believe it.. Expect a 15-20% pop tomorrow in price action across the board... Im also talking about crypo of course...
So I bet this is the part where everyone lives happily ever after right? Wrong! For starters this isnt going to be a recovery like last time... This is going to be either a dead cat bounce or they plan on completely trashing the dollar all together which makes companies and by extension, their stocks skyrocket in value. Everything will skyrocket. Stocks, crypto, gold and silver... even food, fuel and water. No will will see this coming. Next they will ban cash stating that the virus is carried through paper money.. Thus forcing us to use the very banks that took their interest rates down to zero. Expect them to nickle and dime you trying to recover the profits from the negative rates I expect to start soon.. Oh yeah, and I forgot to mention... You know how you cant take out your money out of the banks because muh virus? welp... the banks will start charging you a negative interest rate on your deposits and your money will become worthless faster than you can get rid of it. They are also going to have a monopoly on monetary transactions for the most part.
From the ashes I believe that another solution will be offered... The IMFs SDR or SDX in tandem with XRP... yes I said it... XRP is going be the mechanism for global payment remittances between banks across the globe replacing the dollar. Bold claim I know.. But you cant ignore what Brad Garlinghouse has been doing lately. All is not lost though my friends. There will be a two tiered system.. The first will be their solution system.. The other will be crypto which I expect to be massively volatile and mostly a vehicle for speculation in the future and a store of value in BTCs case. Of course there are others that will emerge from the ashes and far too many for me to list here, but there will be good times ahead of those that paid heed to this warning... Its time to buy... its been time to buy crypt for a long time and now its time to BUY STOCKS NOW!!!!
God Speed Gents,
Mr. Lucifer
Welp... I called the dump.... which isnt hard when everyone else was saying it... and now I wanna call the DOWS Legendary pump I expect to happen tomorrow. This may be a V recovery... of course we have the check market structure for weakening at key resistance levels.. and to be honest the monthly chart looks terrifying but the talking heads on TV are doing a good job of blowing hot air into the asshole of this market. The crazy part is that I have my reservations about this Coronavirus scare, but we have to only think of the possible outcomes that come from it instead of its cause or legitimacy.
Firstly... What can we expect moving forward... Printing... LOTS of it. Im not going to go into that and beat that dead horse but I have to say. The last time we had a bail out this big it took 26 months to print the amount we just did OVER THE WEEKEND... Can anyone else hear a MASSIVE sucking sound coming out of the financial markets?
Second.. we need to look at what else they intend to do financially.. They are not only considering bailing out Wall Street again. They are also going to be bailing out the people which is going to be an insane amount of money if they wish to do so with almost every adult in the USA for the next 6-8 months. Its almost as though they are trying to get everyone whipped up into a frenzy to justify universal basic income... I believe this is going to also create consumption right as companies were supposed to seize up.
I also expect there to be some pretty draconian laws that will be reminiscent of the "Patriot Act" after 911. As the old saying goes; problem, reaction, solution..
What did this virus cause? just a jump start the economy with windfall profits from panic buying at stores right when they need it most... The Markets were and still are already over extended. This is going to create a large number of people to eye ball the situation right when the Fed is preparing to bail out mission critical companies... Remember... Right now it is IMPORTANT for them to show cash flow on their balance sheets and look strong when others are weak. Amazon and Kroger have gone on a hiring spree in order to create the illusion of healthy growth when its only induced by the stimulus as well as the Corona shopping spree... victory short lived in my opinion but they NEED to regain the markets confidence. After this weekend the Fed is out of bullets and I dont think they are pulling any stops on this one.
Finally lets talk what is likely to happen from here.. For starters there is going to be a MASSIVE jump in price action across the board. Its going to cause the Mainstream media to chew it up and mouth feed it to the 2 boomer viewers they have left and not to mention those damn hospitals, airports and Government Institutions that give them their false legitimacy. This is going to create a sense of normalcy in comparison to what we have been experiencing since the start of it all. When stocks pump HARD tomorrow people arent going to believe it.. Expect a 15-20% pop tomorrow in price action across the board... Im also talking about crypo of course...
So I bet this is the part where everyone lives happily ever after right? Wrong! For starters this isnt going to be a recovery like last time... This is going to be either a dead cat bounce or they plan on completely trashing the dollar all together which makes companies and by extension, their stocks skyrocket in value. Everything will skyrocket. Stocks, crypto, gold and silver... even food, fuel and water. No will will see this coming. Next they will ban cash stating that the virus is carried through paper money.. Thus forcing us to use the very banks that took their interest rates down to zero. Expect them to nickle and dime you trying to recover the profits from the negative rates I expect to start soon.. Oh yeah, and I forgot to mention... You know how you cant take out your money out of the banks because muh virus? welp... the banks will start charging you a negative interest rate on your deposits and your money will become worthless faster than you can get rid of it. They are also going to have a monopoly on monetary transactions for the most part.
From the ashes I believe that another solution will be offered... The IMFs SDR or SDX in tandem with XRP... yes I said it... XRP is going be the mechanism for global payment remittances between banks across the globe replacing the dollar. Bold claim I know.. But you cant ignore what Brad Garlinghouse has been doing lately. All is not lost though my friends. There will be a two tiered system.. The first will be their solution system.. The other will be crypto which I expect to be massively volatile and mostly a vehicle for speculation in the future and a store of value in BTCs case. Of course there are others that will emerge from the ashes and far too many for me to list here, but there will be good times ahead of those that paid heed to this warning... Its time to buy... its been time to buy crypt for a long time and now its time to BUY STOCKS NOW!!!!
God Speed Gents,
Mr. Lucifer
