This is what Banter is about.
You can choose to hate from the sidelines or you can choose to join us in creating the most profitable community in the world.
Tomorrow @cryptomanran makes one of you a millionaire over night.
The choice is yours.
TRUMP: INTEREST RATES ARE FAR TOO HIGH
The last time Trump said something was “too high,” it was the dollar – back in January 2017, just days before his inauguration.
Here's what he said:
"Our companies can't compete with them now because our currency is too strong. And it's killing us.”
Last year, he also called recent strength a "tremendous burden on US businesses.”
Trump understands the impact of a strong dollar – and the same logic applies to high interest rates. They suppress exports, hurt corporate earnings, and slow economic growth.
What happened next?
Well, the dollar began a significant decline, setting the stage for one of the most pivotal macro moves we’ve seen in years – triggering a melt-up in risk assets.
Déjà vu? I think so. Let’s see how it plays out.
BlackRock has filed with the SEC that it will buy #Bitcoin ETFs for their own funds.
They have $10 Trillion in assets under management.
Another $20 Trillion of funds use their Aladdin platform to make portfolio allocations.
BlackRock has stated that the optimal Bitcoin allocation is 84.9% of a portfolio.
Of course, few will do this, but we now have the world's biggest fund manager telling investors to get off zero.
Ernst & Young estimates $200 Trillion of Institutional assets could not touch Bitcoin until an ETF was approved.
Well, now they can!
So what happens if they get off zero?
0.5% allocation from a pool of $200T is an enormous $1 Trillion.
The Bitcoin total market cap is $1.32 Trillion as I type this.
A multiplier of 5-10 could push the Bitcoin price to $600K-$1.2m.
It may take many years for that allocation to work its way into Bitcoin, but the potential is there for a significant re-rating.
Still early! 🤑
You're absolutely correct Henrik and you are one of the sane folk out there. However it may be prudent to explain a little further what a blow off top entails. Hopefully I can explain. We also have possibility of two cycles that this can follow. (There is ALWAYS a major and a minor cycle at play) We are expecting a dip immune yes totally. On one cycle I have a max of 14% based on historicals which is twice the depth of back then. The other cycle is a range bound flatish correction of circa 6-10%. Either in effect would be another buying opportunity because only then will we start to go up into the blow off top that could incur either late summer or even as far as the end of the year or early next!
Without being too detailed I hope this clears some time lines up for folk. Remember this is also an election year.
#sp500 #nq_f #dji #es_f
When this #BlowOffTop is over and done, a whole generation of young investors and traders must be re-educated to understand, that 20%, 50% or 100% gains on Monthly or even Weekly basis are not a common phenomenon. They are in fact very rare! 🤪
It will be a tough awakening for many😆
FINANCIAL IRONY:
Putin is going to save Americans when the UNITED STATES government won’t save America.
BRICS countries, lead by Russian Chair Vladimir Putin, are meeting again in October regarding the deployment of a gold backed digital currency. This is the continued demise of the central banks. Thus liberating western countries from FIAT debt slavery.
The transition for western countries will BE PAINFUL and include hyper inflation. The current price of physical gold is reflective of the transition away from the FIAT U.S. dollar.
THE GREAT RESET IS HAPPENING
BUT….
It is not unfolding the way the globalists planned.
The international banking cabal, which is comprised of the Federal Reserve, Bank of England, Bank of International Settlements, the World Bank, have all conspired including EO 14067 https://t.co/iH4JRTWY9t
penned from the resident at 1600 Pennsylvania Avenue to deploy a central bank digital currency (CBDC).
It was going to be another FIAT currency so they could track and trace each and every one of us, and limit (penalize) our spending capabilities based on our ESG (environmental social governance) score. [HITLARIAN considering The globalist use of private jets and limousines and opulence which flies in the face of their climate change constraints, yet they demand compliance by We the People]
With 75% of the world’s GDP coalescing around their own gold back currency through the BRICS nations, we will witness the continued demise and the world’s weaning from the U.S. dollar.
Energy markets have transitioned away from the dollar. Saudi Arabia has already decoupled from taking dollars for oil. In his interview with Tucker recently, Putin acknowledged that up until 2022 80% of Russian trade was done in the U.S. dollar. Today that number is down to 13%.
Gold has been running and the gold hammers (like JP Morgan) who continually sell the Gold ETFs (paper gold) did not come out selling the price back down.
Inflation continues to go up despite the Federal Reserve hinting the opposite. (LIES) Fed Chair Powell’s comments today should be interesting (dovish or hawkish). Will he raise rates? We never got that Q1 rate cut….
The proof is in the numbers. The U.S. government can’t control crypto and that is why they sent the SEC after the crypto markets using FTX as the lamb to the slaughter. They got what they needed out of FTX in terms of laundering money and they have moved on. Don’t forget Ukraine has been highly profitable for the establishment, laundering billions and billions of dollars that Americans have paid interest on through their taxes.
Powell cannot control Crypto. And crypto is running like a prairie fire set off by a DEW.
TRANSLATION
The Fed has lost control over the dollar. Biden removing economic partners off the SWIFT platform and their dependence on the U.S. dollar will go down as one of the stupidest decisions that O’Biden and cronies ever made. This suggests this dollar suicide policy had to be done intentionally to once and for all end the central banks’ debt slavery beholden to a colonial empire FIAT currency which was NEVER sound money once it decoupled from gold.
#EndTheFed #OperationBurningEdge
BANKING COLLAPSE IMMINENT
THE RESET HAS BEGUN
Effective March 26, 2020, the The Federal Reserve Board reduced reserve requirement ratios on all net transaction accounts to zero percent, eliminating reserve requirements for all depository institutions
In Spring 2023 the Banking Collapse started with smaller regional banks.
In Spring 2024 the next wave of Banking Collapse will continue.
Nov 2023 the CEOs of Bank of America, Wells Fargo and JP Morgan told Congress they could not go from 0% reserves to be held to a 3% reserve balance.
The current Deposit to Loan Ratios means the banks can not sustain any type of run on the banks. When the people realize what is happening their will be a run on the banks.
Effective March 11, 2024 there will be no more money to loan out and the Fed will pick and choose who gets to loan out money
Congress passed the bail In provision with 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act which allows the banks to confiscate assets. The bail-in relief was legalized in the U.S. following the 2007–2008 financial crisis in which banks deemed “too big to fail” were bailed out by the U.S. government. The specific section of Dodd-Frank that deals with bail-ins is Title II: Orderly Liquidation Authority (OLA).
Who's exposed?
✅401Ks (Retirement Accounts) - currently there are $27T in retirement accounts
✅People with cash positions in banks will have their money taken.
The banks have already started this by limiting how much money you can take out, transfer on Zelle or move in general.
What does this mean?
This will be the demise of the middle class leading to a recession and then depression. People will be left with nothing if they do not diversify their cash into paying off loans, buying gold, silver, crypto or other hard assets.
Potential?
This could keep Trump from winning the White House. In a bank collapse the government could institute martial law, shut the banks and ration your access to money.
The loss already sustained in 2020 is worse than what happened in 2008. The stock market manipulation coupled with the massive money printing and inflation has done a better job of masking the incoming collapse.
AND COLLAPSE IS COMING
Worldwide markets - Honk Kong, Japan , S&P, Dow - all time highs - why? Blackrock and Vanguard control trillions in assets and they are manipulating those stocks with sustained earnings and rotating out any stocks that can't perform and rotating in AI stocks into S&P 500 and other exchanges.
Result:
The stock markets will hang in there, but the banks and the dollar will collapse.
Cryptos are going crazy and will allow purchasing stocks with crypto. And as BRICS comes more online, your are going to see the transfer to asset backed transactions like the new @abaxx_exchange will facilitate in #LNG and #batterymetals
What is the hedge against inflation:
With the last month in the crypto market you can't ignore that crypto, gold, and silver are the hedge against inflation.
Warning:
Keeping cash in banks is not the safe nor smart play.
Putin had his take on the U.S. dollar too
https://t.co/TCmXhq4EE2
$SOLETH
When you are wrong you're wrong... Absolute perfect double bottom with bottom signals indicated right at massive support.
Let's f'ing go....plenty of time to get aboard this train
$98K❌
Floor model first miss (after nailing Aug,Sep,Oct). No model is perfect, but this is a big miss and the first in 10y! Outlier/black swan? I will give Floor model 1 more month.
S2F model unaffected and on track to $100K.
Watch out for trolls confusing Floor and S2F model!