My views on the market fluctuations
I like to hear the many styles of financial analysis through charts on the Dollar verses the precious metals and cryptocurrencies. But, I want to ask this question. Not to question the analysis of many of the financial, former stock brokers from wall Street, but from having watched and followed technical analysis from many, in the years following 2007- 2008. I have seen many big names several times every year since the crash of 2008 call another crash and swear that they know from their Fibonacci comparisons of the Dollar that it will crash. It to me has become as the story of the boy calling wolf.
Please understand that I know it isn't true. I don't think that many people that give this information are calling wolf. I think they see their strategies telling them warnings or changes in the market and they can't help but to sound the alarm. They are people too, who care and want to share what they know. I believe that this deviant market is due to the manipulation of the bankers and elites to use a scheme that follows a pattern to keep with the traditional patterns, but yet allow them to control things. I believe that because I have seen over the last 10 years that everything from news to financial news seems to be turned on its head. Good news sends the market down and bad news sends the stock market soaring. Gold usually moving up against a dropping dollar sends gold in the direction that It shouldn't take.
This all makes me wonder if we can even really gauge the markets based on the trusted tools to show patterns to predict a trend in the price of the precious metals. Do you see what I am saying? I want desperately for the metals to react in a way that is bringing it back to a real and true value. But, I am concerned that the reality of fundamentals has been stolen from us in such a subtle way that it is taboo to even say we believe we have lost and that the bankers have finally achieved a fantasy world in finance that causes them to win the house, every time. But, I am afraid that it is possible we have entered that world of the twilight zone
There will be another crisis, but no one can tell when and how. That is the bread that bear posters eat. For all we know, we may have DOW at 40,000 in 2 years time.
It is important to keep an open mind at all times (although I admit that I tend to weigh the negatives more strongly than the positives; that's my personal bias I am afraid).
Wow! thank you for your comment! I usually don't get comments for my thoughts. Guess I did good this time.. LOL
But, I am the same way and see the negatives weighing more. I guess to be ready for the worst when it happens.
Just post genuine and interesting stuff. Someone is bound to find it an respond to it.
Congratulations @gunni55! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP