This could be the perfect storm:
China has a big inflation problem and it's pushing up prices worldwide
US inflation (CPI) off the roof. Markets start to panic
and now Evergrande Group Officially defaults
...................................................
Bitcoin and Gold are the safe-havens (my opinion).
In case of a general correction/crash, safe-haven will also take a beating (ex. take a look at Gold in 2008 crisis and at Covid..also dropped while silver crashed hard).
So..be careful because everything has been created on money printing. Stocks and crypto. Now they might all need to correct hard (maybe..hopefully not).
PERSONALLY: I am going short on indices (Opportunity for Bears could be likely right now) and I have increased my usdt reserves to buy any dips wisely.
---------I have NOT and will NOT sell even 1 Satoshi (that's bitcoin)---------------- ever!!!!!!
One Love and I hope it's a false alarm....
the FXPROFESOR
Cartoon: Is the World on a Margin Call?
The guy with the HOT Potato in his hand doesn't seem so happy. Rather confused
Food for thought: From ATHs back to real problems on planet Earth
China has a big inflation problem and it's pushing up prices worldwide
US inflation (CPI) off the roof. Markets start to panic
and now Evergrande Group Officially defaults
...................................................
Bitcoin and Gold are the safe-havens (my opinion).
In case of a general correction/crash, safe-haven will also take a beating (ex. take a look at Gold in 2008 crisis and at Covid..also dropped while silver crashed hard).
So..be careful because everything has been created on money printing. Stocks and crypto. Now they might all need to correct hard (maybe..hopefully not).
PERSONALLY: I am going short on indices (Opportunity for Bears could be likely right now) and I have increased my usdt reserves to buy any dips wisely.
---------I have NOT and will NOT sell even 1 Satoshi (that's bitcoin)---------------- ever!!!!!!
One Love and I hope it's a false alarm....
the FXPROFESOR
Cartoon: Is the World on a Margin Call?
The guy with the HOT Potato in his hand doesn't seem so happy. Rather confused
Food for thought: From ATHs back to real problems on planet Earth
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🌐FOREX SPECIAL: fxprofessor.com/forex-special 💡💙💬 Public Telegram: www.t.me/fxprofessor88 💎