Loading ...FA and TA
This is the proximal cause for today’s move.
But it’s all in the charts. The market “knows” and tells us through the charts.
We gather here to learn and share our interpretations.
And we do quite well thank you.
One question with today’s Headline ( above)
Dollar is Overvalued against what ?
I think a light bulb may be finally going off out there.
Maybe finally we have the Aha Moment.
They are ALL Overvalued
Against what ?
Bitcoin ?
or Gold !
If its fundamental reason , thats good.
If its geo political event the price quickly evaporates.
I wish its a fundamental change.
I guess it’s pointless comparing currencies to each other in terms of over/under value – they’re all jostling for position on the way down the toilet. Gold will just sit there and do what it’s always done (preserve wealth). It’s the one constant in all of this.