OLD RELiC for 2023! Still HODLing $USD?
Happy New year! To the goonies who listened to me to buy AU AND AG congratulations. At the moment there's a nice rally in the old relic and crypto's are doing what they do in a bear market.
This is the prediction from the pundits! We will have some disinflation for a couple of months because inflation doesn't go up in a direct line upwards. When things go parabolic they have to have a chance to regain strength. So when they say inflation is coming down, it's really because it needs to take a small break. This is countered by higher interest rates. Smaller rate increased will continue, but it's a very good possibility inflation will just keep going once everything catches it's breath.
I'm plotzing to know what 2023 will hold. I will hold some dry-powder, I have my allocation in Gold and crypto. So let's see where everything goes. Now in terms of cash flow, this is my real challenege for 2023.
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Where will all those USDs go?
They are running from housing and autos
They don't seem to be flooding back into the stock market
nor the bond market (except short, short bonds)
So where is it all going to go?
And when it does, will the flood gates open?
Probably a lot on the sidelines knowing fire sales will be coming but with a lot of misdirection. Many believe we will be starting a commodity super-cycle.
Food prices, to the moon!