I discovered something today working beside a master trader that makes me worry about the world's financial system and want to invest in harder assets for my future.
Here's why...
Nowadays, 70% of all trades are executed by machines and those machines are programmed to be positive, to be bullish. That means every time a machine execute the trade instead of a human a lot of different factors come into play that most investors are not used to. Especially emotion and basic human feelings that machines do not have that affect every day market logic.
The system is programmed like this because there is human meddling in the system, creating fake value that is going to cost everyone eventually.
The system is f@%ked
Even though the market is built on phony money that will soon have to lose steam, humans keep pumping money into the financial ecosystem in order to keep prices bullish because that's what the people want and that's with the computers want. Most people know that market corrections are good, they're healthy. How come no corrections and so much upward power? Is it artificial?
If you look at the S&P average it has been and it is at the highest that it is ever been. It's even reached a new high this month! The last times we hit a high like this was right before the internet bubble around 2000 and the housing bubble around 2008 and it wasn't even this good! I'm not saying I know exacty when it will crash but so many signs tell me it's going down very soon.
And what's even scarier is that not current mechanisms are not strong enough to support probably the biggest crash our generation and maybe the one before ever experienced. I don't know what will happen, but the powers in play are keeping the demons at bay... for now.
But We are NOT prepared!
I hate to be the skeptic while so many people sit back and enjoy the ride... and that's not just me blowing air at you! Look at the CBOE's Volatility Index (or investor fear indicator)...
The internet opened new opportunities in the late 90s and most people thought life was becoming more and more prosperous and we weren't going to stop until we get to the moon! A adjustable rate mortgages and CDOs made so many people rich in the early 2000s before it all began to crumble in 2006. Nowadays, we are riding a very bullish market and we're loving it! Unlike the previous crashes, eventually everything will catch up and there will be a devastating ripple effect!
Even as you read this article governments and organisms are preparing to abandon the (worthless) dollar to protect their own interests.
What do you think is a secure investment for the future?
Disclaimer: these are my own opinions and should not be taken as investment advice.
Comment, upvote and resteem please :-)
This current bubble is all the Quantitative Easing (QE) done to rob the savers of their wealth through inflation. This pop is going to HURT.
You've been resteemed, followed and upvoted.
Thanks, you too! It will be painful, as getting robbed usually is
Bitcoin Son, go all in on Bitcoin then cut your cost of living to as close to zero as possible. Ride it out as long as you can.
Good luck Son.
Regards,
JoeBitcoinOrg aka Joe Baker
Yup the plan is to build a farm and bury my silver (not on my farm!) :p
Bitcoin looks good, but its sensible to diversify. If I had to pick one crypto it would be Eth. Planting a few veggies in the back garden might be a good idea too, in case the fit really hits the shan :-)
Hehe shor fure! I'm still studying ETH to really understand it. There's a lotnof mixed opinions about it and with EOS on the brinks, who knows...
Owning gold and silver is the safest. Be your own central bank.
But riskier for sure. Which by the way, silver is used much more than gold these days and very undervalued IMO!
we live in strange times. Here in the UK we have some serious issues to get round to keep our economy strong. It is recovering compared to what is happening around europe but saying that everytime we get good news we seem to do our best to negate it. Brexit springs to mind, the really bad gamble that Theresa May took with the recent election etc etc. Interest rates will be the killer if they go up in the UK, Austerity has crippled the lower income band and an interest hike will bring in middle income and really hurt them, but then inflation is way way way up so. It is really just one big game when it comes down to it and you need to learn how to play it.
upvoted and followed... im looking for someone to write a steemit guide for Infobunny.. are you interested?
Sure, what are the details?
Just has be an introduction and getting started guide
You got it! I'll let you know as soon as I post it.
I need it sent to me so i can add it to infobunny, not to be post on steemit, full credit will be given
Hy @infobunny. Sorry for delayed response. I'm more interested in posting on steemit, but thanks for the gesture
These are dire times indeed, but as you say one must know how to play!
And you need some CHIPS to play the game
Crypto could be the safest place whenever the next recession comes.
I agree, others don't. STEEM!
Yep it has been like this and getting worse for a long time. I don't think the Powers the bee are staving off anything at all. I think they created it purposefully. It is not like they don't have the so called experts. lol
Perhaps, they definitely have the experts. Even in previous crashes the experts were sayin 'to da moon' so I'm not at all convinced.
The next crash will be harder and worse then before the Dow is almost double what it was last time it took a dive. My guess is we might get to 25,000 points to 28,000 slnwhere in there and then it'll dive to 10,000 in a matter of a month or two.
It's going to hurt more the higher we fall! Great blog btw, I've followed you to stay in your loop
Thanks