Commodities affected by Potential Q4 crash: Your thoughts?

[SOL]

I am going to go through a huge list of currencies this week, might start early as today. However, I suspect I will see the same pattern that I saw with the IDR (Indonesian Rupiah), Yuan, Vietnamese Dong, Ringgit, etc. that the currencies that are not surging to new lows against the dollar (in some instances, there are strong divergences) will fair well in the years to come. The leader of the pack is the Rouble (or ruble in American spelling), and these patterns are interesting as they are almost all exclusively restricted to countries that strongly support Russia. This can be viewed as another powerful sign that the Eurasia corridor is going to derail the rest of the world. The New G8 is just the start of a new multipolar world order; in such a world, America will no longer be able to control the playing field, which means since it produces virtually nothing but Paper (USD) and services, the standard of living will have to drop. The odds of Europe sinking are close to 90% unless Germany pulls a Houdini, begs Russia for forgiveness, and opens up Nord Stream 2; baring such a development, Europe's fate is sealed.

Early adopters and risk takers should start looking for means to diversify out of the US and Europe, you can still invest there via the stock market, but it would be wise to look for safer pastures

Note not all Asian currencies are faring well, the Baht, the Indian Rupee, the Singapore dollar, etc., so for now, the markets are stating that these and other places in and out of Asia where the currencies are falling to new lows are still in the high-risk bracket

[LoriPrecisely]

This video makes it seem that China is not faring well.
It is so revealing that YT is mildly censoring it, but you can still watch it.
https://youtu.be/E-QrSQrG0tU

[Yodean]

This video makes it seem that China is not faring well.

Lol, I still think China is going to lead the next leg up in the equity markets.

[Yodean]

The New G8 is just the start of a new multipolar world order; in such a world, America will no longer be able to control the playing field, which means since it produces virtually nothing but Paper (USD) and services, the standard of living will have to drop. The odds of Europe sinking are close to 90% unless Germany pulls a Houdini, begs Russia for forgiveness, and opens up Nord Stream 2; baring such a development, Europe's fate is sealed.

for those wondering:

nouveau G8 = BRICITIM

Brazil, Russia, India, China, Iran, Turkey, Indonesia, Mexico = total GDP greater than Old G8's total GDP by > 24%

this is going to get interesting ...

[SOL]

This video makes it seem that China is not faring well.

Lol, I still think China is going to lead the next leg up in the equity markets.

China is the only country imposing harsh COVID rules; care to guess why? They are showing the West that without China they are toast. China is still the world's manufacturing Hub and without them the West is dead. Europe needs to wake up now, they have less than 6 months, and that's taking the most optimal route, to change tactics or be relegated to the dustbin of time. if you live in Europe, it's time to seriously start looking into systems that use wood and wood pellets to heat your home. A lot of Europeans are going to be forced to choose between food and heat. Russia keeps cutting flows to Europe, the Bear is not playing anymore, its no longer a teddy bear its a ferocious beast and the Russian bear is quite a dangerous beast as it has been known to lay tigers to waste

[Budge]

This video makes it seem that China is not faring well.

Lol, I still think China is going to lead the next leg up in the equity markets.

China is the only country imposing harsh COVID rules; care to guess why? They are showing the West that without China they are toast. China is still the world's manufacturing Hub and without them the West is dead. Europe needs to wake up now, they have less than 6 months, and that's taking the most optimal route, to change tactics or be relegated to the dustbin of time. if you live in Europe, it's time to seriously start looking into systems that use wood and wood pellets to heat your home. A lot of Europeans are going to be forced to choose between food and heat. Russia keeps cutting flows to Europe, the Bear is not playing anymore, its no longer a teddy bear its a ferocious beast and the Russian bear is quite a dangerous beast as it has been known to lay tigers to waste

Spot the difference. Here's a representation of US/Nato/Europe versus China/Russia.

[MarkD]

True that China controls manufacturing. However, my take is that demand in the USA is down, inventories are exploding, and warehouses are full (cousin is a corporate officer for a major trucking company and noted customers are looking for a place to store stuff).

China imo shut down via scamdemic 2.0 because they had no work for the sheeple.

[LoriPrecisely]

True that China controls manufacturing. However, my take is that demand in the USA is down, inventories are exploding, and warehouses are full (cousin is a corporate officer for a major trucking company and noted customers are looking for a place to store stuff).

China imo shut down via scamdemic 2.0 because they had no work for the sheeple.

Good estimation.
One thing I have observed is my local grocery store, Kroger, has added an upper shelf to all of their aisles. It is so high, I can not reach anything on it, but it is full of stuff. It seems like they want to keep more inventory also.

[Yodean]

[the Bear is not playing anymore, its no longer a teddy bear its a ferocious beast and the Russian bear is quite a dangerous beast as it has been known to lay tigers to waste

*****

Bear is strong but slow, and defends its territory well. Eagle can fly and is fast, and has superior offensive capabilities, on balance.

Bear is doomed.

https://youtu.be/hV3ajQRniNg?t=40

[Budge]

Really nothing suspicious to see here, honest, scout's honour.

"Report: JPMorgan Chase and Citibank Hold 90 Percent of All Gold and Other Precious Metals Derivatives Held by All U.S. Banks"

"..an explosion in growth between the last quarter of 2021 and the end of the first quarter of this year.

In just one quarter, precious metals derivatives had soared from $79.28 billion to $491.87 billion. That’s a 520 percent increase in a span of three months."

".. JPMorgan Chase and Citibank, control 90 percent of the precious metals derivatives of all 4,796 insured financial institutions in the U.S."

"JPMorgan Chase is the last bank in the U.S. that should have a $330 billion involvement in precious metals. On September 29, 2020, the U.S. Department of Justice charged JPMorgan Chase with rigging the precious metals market and charged it with a criminal felony count, to which it admitted. According to the Justice Department, the rigging occurred for more than eight years, from March of 2008 to August of 2016, and involved “tens of thousands” of incidents."

"The trading conduct in precious metals was so bad at JPMorgan Chase that the Justice Department took the unprecedented step of charging some of the precious metals traders involved under the Racketeer Influenced and Corrupt Organizations Act (RICO), a statute typically reserved for organized crime figures. In this case, it was used to charge employees of the largest federally insured bank in the United States.

Despite this criminal conduct, federal regulators apparently have no problem with JPMorgan Chase continuing to hold an outsized share of a market it rigged."

https://wallstreetonparade.com/2022/06/ ... u-s-banks/

The Martens produce good investigative reporting of the financial markets providing you can ignore some of their political biases that creep in (eg the last paragraph and that elsewhere they indicate the sun shines out of Chief Elizabeth "Liawatha" Warren's arse.)

[LoriPrecisely]

I read through some of the articles on the website. Lot of great information.
They invest quite a bit of time researching and reporting. I see your point that they are mostly demoncrats, and anti-Trump. If you type in his name, many articles appear linking him with the Koch brothers. Interesting reading.

Here is a recent article regarding crypto:
https://wallstreetonparade.com/2022/06/ ... beginning/

[Budge]

I read through some of the articles on the website. Lot of great information.
They invest quite a bit of time researching and reporting. I see your point that they are mostly demoncrats, and anti-Trump. If you type in his name, many articles appear linking him with the Koch brothers. Interesting reading.

Here is a recent article regarding crypto:
https://wallstreetonparade.com/2022/06/ ... beginning/

Interesting the link to Koch as they are normally "slagging them off".

Back to gold and derivatives, the news of a major gold discovery in Uganda has affected the markets but has meme comedians working overtime:

https://dailyhive.com/vancouver/uganda- ... tervention