“there's a fractal now showing technically which shows us quite clearly that we are from '97 and until 2000 that kind of development we saw there in the Nasdaq and the S P is very much what we see righ”
Long the S&P 500: the current market is tracking a late-90s technical fractal, setting up for a massive vertical melt-up driven by foreign capital rotating into the US before the bubble bursts.
“you can't do that with Bitcoin or you can't do that with gold and silver. You need to sell it to get dollars to do it with.”
Short Bitcoin: the cryptocurrency will not protect investors during a credit event, as it will be liquidated by those desperate to raise US dollars to close out loans.
“you actually saw that both gold and silver also went down because there was a need for cash.”
Short gold: historical precedent from 2008 shows that during a severe credit crunch, the precious metal will sell off as investors are forced to liquidate assets to raise cash.
“you can't do that with gold and silver. You need to sell it to get dollars to do it with.”
Short silver: the metal will fail to act as a safe haven during the coming liquidity crisis because investors will be forced to sell it to acquire the fiat currency needed to service their debt.
“This is where people are getting hurt on their on the in the the the equity they have in their in their in their homes, and when they get that and they have to move out from it on at the same time, th”
Short real estate: the market is facing a severe balance sheet recession where homeowners will lose their equity, be forced out of their homes, and drive property prices down.
“there was a need for cash. There was a need to solve and to close loans and whatever attached you.”
Long the US dollar: the impending credit crunch will trigger a massive dash for cash, forcing investors to liquidate assets across the board specifically to acquire dollars to close out loans.
“Because I actually I'm, you know, right now, you know, bullish, I would say... we may see another at least 15% in the Nasdaq from from from right here... My target would be at least 33 to 34,000 on th”
Long the Nasdaq: the index is poised for a final vertical melt-up phase, with the speaker targeting a surge of at least 15% to reach the 33,000 to 34,000 level before the ultimate crash.