In this video, I talk about the ISM Manufacturing Prices Paid Survey that showed price is up almost 20% from November to December. That means your fiat currency went down in value about 20% from November to December.
The inflation story is one near-term catalyst as to why Bitcoin (BITCOMP) is in launch mode - thanks to the Fed. I'll discuss. I also go through a few other critical fundamental and technical factors I'm watching.
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Disclaimer: All investments have many risks and can lose principal in the short and long term. The information provided is for information purposes only and can be wrong. By reading this you ...
Disclaimer: All investments have many risks and can lose principal in the short and long term. The information provided is for information purposes only and can be wrong. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC, and their related parties harmless. All model portfolio trades are hypothetical to show direction, conviction and timing. Performance excludes all relevant transaction costs. Opinions given are at this moment and can change rapidly after this is published. Elazar and its employees do not take individual stock positions to avoid front running and other potential customer related issues.
Sadly they are going up to try to catch up with everything else that is important to you which the inflation number suppress like housing costs, healthcare, ammunition, meat, education, etc.
Also if you watch the news there is another reason why trust in the US is weakening. It has been going on for several months now.
I blame Trump.
Good points.
Sadly they are going up to try to catch up with everything else that is important to you which the inflation number suppress like housing costs, healthcare, ammunition, meat, education, etc.