I have uploaded a new weekend markets update podcast for February 10, 2018. Click here to go to the show archives page to listen or you can listen on the link below. I have included links to relevant articles and media on the Show Archives page. The latest show is on the top of the page.
-The Fed spanked equities on purpose. The clues were there; we talked about them. Did they send in the plunge protection team late Friday afternoon?
-Large money and mainstream media are still complacent.
-The German 10-year bund yields, the benchmark for the EU is rising above multi-year resistance. If this continues the dollar may rally against the euro.
-More people are on to the Fed, so it needs to tread carefully. Shows like this one only help to uncover their modus operandi. If things collapse the Fed will get the blame.
-The dollar held up. If the dollar fell further the pain would have been much worse.
-The US 10-year note futures speculative short position is very stretched. Any positive word out of the Fed will send the dollar and 10-year higher.
-I recommend gold as an asset shield, but I do not choose gold or silver during any market sell-off. Gold and silver prices do not have a high positive correlation to market turmoil. Gold is better than silver.
-Mainstream media is blaming the VIX and other volatility-based securities and derivatives as the reason for the sharp oscillations. Is this right?
– The US Fed sent out their puppets to talk down the markets and they allowed the Dow to drop 666 points last week. This announced to their operatives that their test was a go.
-The US Fed chose an auspicious time to snap the markets. Retail participation has increased tremendously and it had been one of the most overbought markets in history.
-Low cost of capital lowers prices. More producers supply more product to the market place and the supply curve shifts out to the right. If you ever wonder why there are so many fast food places open, it’s their low cost of capital that allows them to stay open.
-The United States is a very bitcoin-friendly nation. The Anglo-American nation states are bitcoin supportive, which conflates with my theories that bitcoin was a creation of Anglo-American intelligence. This is why Russia and China are clamping down hard on the cryptos.
-Beware of the crypto shilling. It was just like the gold shilling earlier this decade.
-The Russian firm, Kaspersky Labs, claims that Bitcoin was created by US intelligence as a “dollar 2.0”
-Based on my research, bitcoin is a grand experiment and it should have a good future.