Promises are made: I go into some of this idea in the video below. These promises will extend to ideas associated with the CBDC and Universal Basic Income. Be prepared because what I get very strongly around the UBI plan is that they plan to execute this based on EDUCATION level. So, completed diplomas are going to matter when it comes to getting to access and use larger amounts of funds in the new bank accounts they are rolling out.
You know I am not a fan of the CBDC and I don’t want to use it, but we may all be forced to – at least for a while. More areas where promises are made will of course relate to campaign promises and the whole big political scene with Trump. Ultimately, Trump will get free, but the drama will continue.
Also we should consider BRICS as promises are made for new world alliances to take down the US dollar. These promises will be kept, but they also will not unfold as expected by the powers in charge. But the real drama is coming from an area that is entirely not in the News cycle at all. There is a very big war shaping up all over the globe and everyone has their part to play.
Here’s this week’s video:
Gold and Silver – We could get some big news on Gold and Silver this week. This will be a key week for NEWS that effects the metals. Even if this drives the price up temporarily, we will still get that big Gold/Silver spread I’ve been predicting forever. The Gold-Silver ratio is going to go over 100 and I am planning to sell some gold for silver once it is over 90. Prices of both metals are also going to go down still before we get our big breakout – so watch for this as our last minute BUY opportunity. I will be channeling on Silver this month, and some of what I’ve already been getting on it is very interesting. So look for that channeling this week.
BTC – We are continuing in this sideways motion for a while. The next big move is down, but in the meantime we can get some higher prices within our current channel. These are small moves and not what I focus on for any kind of trading. We aren’t likely to break out of this channel this week, so sideways is the name of the game for now.
ALTS – More or less these are continuing to go sideways. There are always a few exceptions; coins that make moves while the market is sideways, but for now we are waiting for the next leg down on the whole crypto market – this includes alts. Be prepared for some value loss temporarily. After our next near term lows we are heading UP and this is when we will get our bigger Altcoin price moves to the UPSIDE. This isn’t happening yet, not til after we get our near term next leg down.
BTC Chart:
