For an economy that is doing so well, I just wanted to remind you where we are today. We are still behind last year's high and moving into May.
In just 8 months, we have climbed to last year's high levels. The charts certainly indicate we are growing if you look at them day to day. It is moving up.
Here is the truth. Read what trading economics has to say about the data they collect. "Wall Street closed modestly in the green on Monday April 29. 2019, as investors remained cautious ahead of US-China trade negotiations and the Federal Reserve's monetary policy meeting this week.
The Dow Jones inched up 11 points or less than 0.1% to 26,554. The S&P 500 edged up 3 points ot 0.1% to a record 2943.
The Nasdaq gained 16 points or 0.2% to a fresh high of 8162.
Historically, the Dow Jones Industrial Average reached an all time high of 26,828.39 in October of 2018 and a record low of 41.20 in July of 1932."
https://tradingeconomics.com/united-states/stock-market
With these calculations, we are 274 points from last year's highest point in October, 2018. We have been trading at a deficit since last year.
Now, we hear from JP Morgan that there is a liquidity problem. Yes, there is. Last year, we had a modest to slow season around Christmas. Remember, we are over 70% driven by consumers and 20% by the housing market.
And we are told, the market is doing well. Several analysts have come out since that time to share how the volumes and charts on The Dow do not add up. Well, this is our history. This is our truth.
The truth is we have been in decline since last October of 2018, and the volumes you see happening right now are much lower than last year's traders who used to flood the market.
There is reason to believe many of those volumes are computer generated. We are looking at more than a dead cat bounce as they say in the market when charts begin to rise. I'm not even sure there is any life left in that poor cat especially when you look closely at a Market that still isn't what it used to be 8 months ago.
Do you see how "perception management" has driven the markets?
We are told one thing, and another thing is really going on. We are at a standstill folks, and we have been since the first of the year.
Actually, we have been trading at a deficit or going into more debt. Nothing can be done to revive the markets without bringing it down. Hang on. You are about to see Elvis get all shook up.
We may even have some traders seeing some sightings of Elvis before it is all over. ;)
When the only choice left to us in the fiat system is to offer quantitative easing, we have a pattern that will set us up for inflation to hyperinflation. Remember, no country has been able to out run hyper inflation.
At this time, the only way to inflate out a system failure is to offer a gold backed currency that will not allow it to do so.
Welcome to the new financial system. It's closer than you think. Sam Oliver
https://coinweek.com/bullion-report/what-makes-my-silver-eagles-worth-money/
Source: Dinar Recaps
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
In just 8 months, we have climbed to last year's high levels. The charts certainly indicate we are growing if you look at them day to day. It is moving up.
Here is the truth. Read what trading economics has to say about the data they collect. "Wall Street closed modestly in the green on Monday April 29. 2019, as investors remained cautious ahead of US-China trade negotiations and the Federal Reserve's monetary policy meeting this week.
The Dow Jones inched up 11 points or less than 0.1% to 26,554. The S&P 500 edged up 3 points ot 0.1% to a record 2943.
The Nasdaq gained 16 points or 0.2% to a fresh high of 8162.
Historically, the Dow Jones Industrial Average reached an all time high of 26,828.39 in October of 2018 and a record low of 41.20 in July of 1932."
https://tradingeconomics.com/united-states/stock-market
With these calculations, we are 274 points from last year's highest point in October, 2018. We have been trading at a deficit since last year.
Now, we hear from JP Morgan that there is a liquidity problem. Yes, there is. Last year, we had a modest to slow season around Christmas. Remember, we are over 70% driven by consumers and 20% by the housing market.
And we are told, the market is doing well. Several analysts have come out since that time to share how the volumes and charts on The Dow do not add up. Well, this is our history. This is our truth.
The truth is we have been in decline since last October of 2018, and the volumes you see happening right now are much lower than last year's traders who used to flood the market.
There is reason to believe many of those volumes are computer generated. We are looking at more than a dead cat bounce as they say in the market when charts begin to rise. I'm not even sure there is any life left in that poor cat especially when you look closely at a Market that still isn't what it used to be 8 months ago.
Do you see how "perception management" has driven the markets?
We are told one thing, and another thing is really going on. We are at a standstill folks, and we have been since the first of the year.
Actually, we have been trading at a deficit or going into more debt. Nothing can be done to revive the markets without bringing it down. Hang on. You are about to see Elvis get all shook up.
We may even have some traders seeing some sightings of Elvis before it is all over. ;)
When the only choice left to us in the fiat system is to offer quantitative easing, we have a pattern that will set us up for inflation to hyperinflation. Remember, no country has been able to out run hyper inflation.
At this time, the only way to inflate out a system failure is to offer a gold backed currency that will not allow it to do so.
Welcome to the new financial system. It's closer than you think. Sam Oliver
https://coinweek.com/bullion-report/what-makes-my-silver-eagles-worth-money/
Source: Dinar Recaps
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
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