Fed Cuts, Recession Here!Each and every end of a rate hike cycle has been met with economic recession or worse.
The Fed will cut and the markets will implode, why? because the damage has already been done. All the fudging and manipulation the past few years will be exposed, GDP growth is a farce, high inflation has eroded your purchasing power for three years. Wages are rising a fraction of living costs rising... every country is experiencing this squeeze, especially the middle class. Folks are ceasing buying items or goods that are no longer necessary, cutting back on non essential is hurting manufacturing, I suppose the WEF and the greens will be happy that our "carbon footprint" is being shrunk. The same groups that fly private and drive in their expensive cars.
The repo market was in serious trouble in late 2019, they created the perfect cover in 2020, they printed trillions and most of it went to the banks.
We warned about inflation and to buy gold, a simple insurance policy.
Our bearish stance has been proven wrong countless times, how can you compete with corruption and manipulated markets driven on fake economic numbers?
Expect a top very soon in the markets, they are way overbought and hyped, expect some form of crisis or events to tag along with the coming collapse, take your pick.
PM's are due for a pullback, then another wave higher, a strong wave up. Be careful for a top and heavy pullback as the markets get hammered.
Watch the top red trend line now, another couple of hundred points and that should be about it.
Appreciate a thumbs up, God bless you all!
