Greetings, Steemians and new readers,
First, many sincere thanks on this day to the new followers and upvoters who have found my posts. I hope to keep you chuckling if not freaking out over what comes next in the good 'ol "exceptional" US of A.
This was done the old fashioned way so far, as I did not have many followers hanging on my words to bring into Steemit. Nor have I promoted or used the minnow-booster, although this post may be the first.
I also resteemeed a series summary by @jockey, "Everything We Have Been Told is a Lie," and it is quite interesting and well-done. It is similar in concept to my series Enabling Civil War 2.0 (links below) and even uses some of the same references. I consider his success to be a validation of the content and style of this type of article being cut up into bite-sized pieces, as it were.
A couple of days ago a long-time insider friend and follower of cycle theorist Martin Armstrong reminded me he has pinpointed Black Friday, tomorrow, or Saturday, as a key cycle turning point or trigger date for Black Swan type events. I hope you and your families are safe and secure.
In my last post I warned (as has every doomsayer in sight) of a crash from the loss of confidence in the fundamentally impaired fiat petrodollar. However, every trigger event or watershed moment comes with a risk of the opposite: as a trader and market timer with huge scars on my ego, I learned the wisdom of approaching every possible volatility nexus with a "spread" approach, especially if you are leveraged, moreso if you are highly leveraged.
A spread, straddle or hedge can be a position or an option in anything that would perform well in the direction opposite from your primary bet, and can be an index, ETF, currency, etc. You should learn enough about it to do it yourself, especially when trading large or speculative positions in commodities, FX and now, cryptos.
The beginnings of a run against the banks appears to be gaining steam, pun intended. But a run from the euro (and later the yen, equally distressed) into the dollar before the collapse of the petro arrangement (with perennial head-chopper Saudi Arabia) may drive both the dollar and the stock market to unheard-of prices, a blowoff party to end all parties before the final collapse and etc.
I personally think that older analysts who assumes the dollar and stock markets will be the sole benefactors in this tsunami of panicked wealth are ignoring one obvious alternative outcome, especially those properly managed and with LIMITED ISSUE, since the dollar has the same bloody basic problem as the euro and yen, just not as obvious, relatively. Besides, the petrofiat is still backed up by the largest military in the history of mankind, which they still assume is their friend.
Some are beginning to grok that bailing out of the euro and yen and pouring into the dollar would only enable the despicable, "exceptional" fatcat warmongers and arms dealers fanning the flames of genocide and depopulation on every continent, and prolong their hegemony. It might be a huge mistake long-term or even short-term, but necessary at least until completely thought out.
Well, we know of a few fresh ideas, don't we? Is it not obvious the sacrosanct dollar has already begun collapsing against Bitcoin? Would it not follow that the price of even better money, precious metals, might appreciate in these circumstances? It always comes down to a matter of 'who can you trust,' does it not? Thanks, Satoshi, and Sir Thomas Gresham as well, and others including Copernicus.
Part XIII of the series will appear by Monday, and the final Part XIV, which will be up-to-date on cryptos as well as the outcome of Black Friday, Black Saturday or whatever the hell happens, in following few days.
Thanks again for reading. Have a safe and wonderful Thanksgiving, Christmas, Hannuka, Kwanza, Solstice and-or New Year's, one way or another.
Quan Parker
Here are links to the series for your convenience:
Enabling Civil War 2.0 - Part I - Games Megalomaniacs Play
Enabling Civil War 2.0 - Part II - The Dark Church
Enabling Civil War 2.0 - Part III - Attack of the Journa-tards
Enabling Civil War 2.0 - Part IV - Ballot Tyranny
Enabling Civil War 2.0 - Part V - Partisanized Tyranny
Enabling Civil War 2.0 - Part VI - Global Worming
Enabling Civil War 2.0 - Part VII - Government Success?
Enabling Civil War 2.0 - Part VIII - The Power of No Choice
Enabling Civil War 2.0 - Part IX - Fifty Years of Lies and Coveups... or is it 100?
Enabling Civil War 2.0 - Part X - You're Fired!
Enabling Civil War 2.0 - Part XI - Exceptional Nonsense
Enabling Civil War 2.0 - Part XII - End of the Petrodollar System, Amongst Other Things...
Enabling Civil War 2.0 - Addendum to Part XII - End of the Petrodollar - New Saudi Leadership
Congratulations @quantshaman! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of posts published
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP