Apr 8, 2022
Summary:
A lot is happening in the economy right now; we’re looking at
petrodollar concerns, US dollar concerns, increasing interest
rates, and a multitude of other variables that are affecting the
markets. I have Eric Hadik on the show to discuss some of the
current trends, and he notes various cycles—especially within the
dollar and stocks—that have alluded to what is happening at the
moment. We talk about the future of commodities, precious metals,
cryptocurrency, and more, so be sure to tune in and get the latest
updates.
Highlights:
-There are petrodollar concerns, US dollar concerns, interest
rates, etc.
-What do we make of these markets?
-There has been a three year cycle with the dollar that has
persisted for years
-There are also long term war cycles to account for—which came
right on schedule and helped support the dollar
-The dollar is down, but certainly not out yet; it’s in the upper
end of its trading range and has maintained some resilience
-Interest rates have been spiking higher recently, and mortgage
rates are over 5%
-We’re likely to see a few months of consolidation
-Everything that’s happened over the last month and the Fed talk
has been at such an extreme
-The markets anticipate things in advance, and they’ve been
anticipating an extreme
-Commodities will probably see their final extreme in September of
2022
-A few other indexes have the chance to rally higher
-Stocks have adhered to a 2 year pattern where turning points are
similar
-We’ve definitely seen a multi-month peak for oil
-We’re in for some volatile consolidation in the wheat market
-Hadik is looking for the possibility of gold setting a higher high
in the next few weeks; a few indicators show that it could
rally
-Bitcoin has been in a 2-3 month recovery/up-trend
-Bitcoin has adhered to intermediate cycles, which indicates that
it is a developing market
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