When you realize what is driving this run up, then you will realize historical price action is about as useless as tits on a boar hog when looking for a correction.
When you realize what is driving this run up, then you will realize historical price action is about as useless as tits on a boar hog when looking for a correction.
Except I've heard that yarn before in 2000 and again in 2008. This time it could be different, or maybe not.
Except I've heard that yarn before in 2000 and again in 2008. This time it could be different, or maybe not.
Yeah, and the dollar was needed to buy oil then, now there's competition. At a time of increasing money supply (starting qe again), there is less demand for the dollar. Those dollars are staying home now. Hyperinflation. Assets prices in usd to the moon.
Raise interest rates to lower inflation but debt obligation would quickly exceed ability to pay. Raise rates would default, so again. Hyperinflation.
Yeah, and the dollar was needed to buy oil then, now there's competition. At a time of increasing money supply (starting qe again), there is less demand for the dollar. Those dollars are staying home now. Hyperinflation. Assets prices in usd to the moon.
Raise interest rates to lower inflation but debt obligation would quickly exceed ability to pay. Raise rates would default, so again. Hyperinflation.
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