Could a US dollar melt-up be the final stage of this system reset which we could be witnessing in realtime? “2020 will be the year where humanity and capital make the great escape to safe havens,” as I wrote in a piece entitled, “2020 financial predictions” dated January 9. My safe haven call, a contrarian view at the time was completely at odds with some of the world’s finest money gamblers like David Tepper who was...
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Every major market-sensitive event, whether it be the 1992 Black Wednesday, the 2008 Lehman collapse 2008 and the 2020 global pandemic all have in common a US dollar liquidity crisis. See how market panics lead to a US dollar liquidity crisis. So the US dollar double top, which I correctly forecasted in February was driven by a black swan event, a global pandemic becoming a reality. When fear drives market capital flows from risk-on...
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Investing during the century’s catastrophic events is challenging for even old hand investors. The greatest monetary easing financial experiment in the history of finance followed by COVID-19 has given rise to “one of those once in 100 years catastrophic events,” said hedge fund king Ray Dalio. So now may not be a good time for bold moves, bearing in mind that the stock market takes no prisoners. Investing during the...
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