โ‡๏ธ SUCKERS RALLY: STOCKS, BITCOIN, CRYPTO, REAL ESTATE, GOLD? ๐Ÿ“Š

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It seems to me that the "Stock Market" is currently in the "Complacency Stage" of the Psychology of the Market Cycle. ๐Ÿ“ˆ ๐Ÿ“‰

Can I be 100% wrong? Hell Yes I can... but it seems that we are experiencing a Stock Market suckers rally in the last couple of days.

*What Is a Sucker Rally? A sucker rally describes a price increase which quickly reverses course to the downside. Sucker rallies often occur during a bear market, where rallies are short-lived.

My question is, how the hell did the Stock Market pump when the jobs report stated that 3.3 million filed for unemployment (the most ever in history) last week? Can you Say WTF?! ๐Ÿคฆ

This is the just the beginning, with the COVID-19 Epidemic "locking down" over 2 billion people and closing most business worldwide... analysis are showing that we can experience 20%-30% unemployment in the United States in the coming months that may last for years. ๐Ÿ“†

We may be experiencing the "complacency phase" in the psychology of a market cycle cheat sheet right now.

I'm seeing lots people saying: "buy the dip", Fed is printing money and buying stocks, a recover is coming etc... etc... blah, blah, blah. ๐Ÿ˜

I heard this all before and I believe this "rally" is just a trick to get more of the wealthy people to dump all their stocks and assets one last time. ๐Ÿ“Š

So what about cryptos and bitcoin? ๐Ÿคทโ€โ™‚๏ธ

When people are in fear and have no money to live, do you think they are going to invest in cryptocurrencies? I don't think so. Most people are going to be more worried about getting shelter, food and stuff just to survive.

Bitcoin on the other hand may have a chance and it must "prove" itself this time around (in the coming recession) that it can become a "safe heaven" asset.

What about Gold and Precious Metals? (BULLISH)

Well this is a different story. Gold has been "money" and a "safe heaven" for almost 5000 years. With all the central banks and governments printing trillions fo dollars, they are also stackin' shit load of gold and it's probably the only asset to preserve your wealth.

There is no coming back from all this "debt" around the world and in the next few years, I believe a total reset will happen and brand new monetary system will come out of all of this.

How will they do this? Every country, government and bank will create their own digital currency with their very own blockchain... and guess what?

It will be backed by... GOLD not Bitcoin.

What about Real Estate?

I only have one thing to say... get the fuck out unless you "love" where you live for the next 10 years! (Goodbye Equity) ๐Ÿ˜‚ I can see a 50% retrace in the real estate markets in the coming years starting in 2021.

The housing market won't crash inlstatnously but will gradually decrease and it will take about 3 years to reach its bottom (foreclosure heaven).

Take everything I say with a grain of salt... I'm just laying out the facts but I can be completely wrong. However, having a game plan is more crucial than ever and it's better than waiting for things to happen so one can react later unprepared. ๐Ÿ™‡

I'm not saying this will start now and this whole facade financial system can last a little longer but once 2021 hits... "all hands abandon ship!"... that was my nerdy star trek phrase. ๐Ÿ˜‚

Keep on STACKIN! ๐Ÿ˜Ž

~ Charles Fuchs

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8 comments
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The same exact event happening in cryptocurrency market. With the market movement, everyone has given a chance to make money out of thin air.

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They can fed put stonks all they want, itโ€™s still got a long way to go before the bottom! US is only picking up now with with virus and the UK are like expecting 3 month shut downs! Iโ€™d say hold off on stonks and any paper wealth like ETFs and go for crypto and precious metals well thatโ€™s what I am doing!

US already scrapped reserve requirements for banks so get some cash too, as soon as the first bank shits the bed itโ€™s going to be a domino effect

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The storm is coming in 2021, we got some time still with Trillions being pumped in and more trillions months later. Let's see what happens during the shit show lol

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Nice write up....interesting!!

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Apreeeesh man, thanks for stopping by :)

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Hope crypto will stay in sustainable economic condition over here and give us a better environment.

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