Ever since December 2021, when we began advising it was time to learn gardening, conditions have been building toward Depression before 2023. Even our moderate case for economic calamity, though, has gained strength as the modern Fed – while avoiding the same mistake of the 1929 Fed – has also mis-stepped and made up new errors.
We continue to admire the work of Ben Bernanke, who we’re pretty sure, would have disengaged his “helicopters of cash” at a more reasonable rate.
Still, during a Covid outbreak, serious witch hunts among the DC elites (plus Epstein’s ‘book’ and the Durham grand jury), what were you expecting, really? America’s collapse wasn’t going to be pretty.
This morning, a discussion of the “way ahead” and what could be brewing in 2023./ Plus, not to worry my cardiologist here, a few words about how to use SALT – Software-Assisted-Learning Tools.
In our ChartPack, the case for a large Elliott wave 3 down to place us on the backside of a modest 3(ii) rally. Which means we’re likely to the 3-and-done part shortly. Just frickin great.
But, it’s not likely we haven’t been planning for what’s coming. And why we have invested in the objects of money, rather than the (deteriorating) paper itself.