Former FX Trader, Money Manager Author of https://teapawt.org/t.co/8YFJiYl7Fg
Ontario, Canada
Joined July 2016
- Tweets2.5K
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- Followers94.6K
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GlobalProTrader retweeted
All of you that kept telling me silver can't go down because the "fundamentals" are too strong, pay attention to what happened today. Now I don't think the bull market is over. Not even close. But this is what happens at the end of a parabolic phase. The market doesn't just drift sideways for years. The parabola collapses.
Now if you think today was spectacular, or that the recent mini parabola was huge you haven't seen anything yet. Wait till silver is $200, $300 or even $500 at the top of the bubble. People will again be telling me that price has reached a permanent high and I'm going to remind you what happened on Jan. 30.
GlobalProTrader retweeted
Shanghai Silver Premium 60%!!!
Paper Dumping versus Physical Buying
#metalswars
GlobalProTrader retweeted
Latest from David Jensen
TD Securities Takes Another Loss Betting Against Silver / Rapid Decline Of National Mint Silver Production Globally open.substack.com/pub/jensen…
GlobalProTrader retweeted
JUST IN: Jerome Powell just said: Everyone at table (FOMC) agrees that inflation is too high.
GlobalProTrader retweeted
POWELL ACKNOWLEDGES RISING DEFAULTS IN SUBPRIME CREDIT
POWELL: 'LOOKING CAREFULLY' AT CREDIT TRENDS
POWELL DOESN'T SEE BROADER CREDIT ISSUE AT THIS POINT
GlobalProTrader retweeted
Today the Bank of Canada said Canadians will need to accept a lower standard of Living.
This is a stark contrast to the PROMISE Mark Carney made before the election PROMISING a faster growing economy than the AMERICANS.
GlobalProTrader retweeted
A rate cut on Oct 29 would likely be a "buy the rumor, sell the event".
But if the #Fed decides not to cut, which is a very lower probability, look out below.
GlobalProTrader retweeted
BoE says share price valuations on US stock markets similar to those seen near the peak of the dotcom bubble on some measures, also noting US government bonds were vulnerable to any weakening in the Fed's credibility.
reuters.com/sustainability/b…
GlobalProTrader retweeted
U.S. STOCK MARKET REACHES MOST EXPENSIVE VALUATION EVER — SURPASSES DOT-COM BUBBLE AND PRE-GREAT DEPRESSION LEVELS
GlobalProTrader retweeted
The International Monetary Fund has warned about liquidity risks in the $9.6 trillion FX market.
In other words — the IMF fears that in a crisis there may not be enough dollars, triggering a domino effect across the global financial system.
When liquidity dries up:
Investors rush to cash (USD),
Risk assets — crypto first — drop,
Stablecoins and DeFi come under pressure,
Volatility spikes.
GlobalProTrader retweeted
🚨 Whistleblower Mitch Vexler says we’re sitting on a school bond time bomb bigger than 2007.
He argues it’s not just Texas—it’s everywhere in the U.S. Don't miss our exclusive: youtu.be/TdYHbhT6524
#texas #schoolbond #bond #money #fed #gold #inflation #economy #dollar #usd @DanielaCambone
GlobalProTrader retweeted
#Gold trades near a two-week high, but overall remains stuck within its well-established but narrowing range. Focus on Fed independence risks with a successful dismissal of Cook, leaving the door open for deeper rate cuts, at a time where inflation is rising and the economy is slowing. All of these being gold and #silver-supportive developments, pointing to higher prices, but first key resistance levels needs to be broken to attract fresh momentum. Note the euro has its own problems as the French government risks new collapse, potentially creating some short-term headwind for metals through a stronger #dollar.
GlobalProTrader retweeted
People have such short-term memories.
There is a growing dollar shortage worldwide.
Demand + Scarcity => Higher price.
