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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="cobracide" data-source="post: 16785222" data-attributes="member: 4644"><p>Crypto is typically inverse of the Dollar index. As long as interest rates are rising because inflation is out of control - crypto will probably sink. Everything comes and goes in cycles so when the dollar starts to weaken again and interest rates stablize, look for crypto to ascend once more. There is much more involved that weaken the dollar further such as trade deficits and M2 money supply. Time and poor US fiscal policy that dates back to the 70s that weakens the dollar is on Crypto's side. In particular Bitcoin because of it's deflationary nature of being limited.</p></blockquote><p></p>
[QUOTE="cobracide, post: 16785222, member: 4644"] Crypto is typically inverse of the Dollar index. As long as interest rates are rising because inflation is out of control - crypto will probably sink. Everything comes and goes in cycles so when the dollar starts to weaken again and interest rates stablize, look for crypto to ascend once more. There is much more involved that weaken the dollar further such as trade deficits and M2 money supply. Time and poor US fiscal policy that dates back to the 70s that weakens the dollar is on Crypto's side. In particular Bitcoin because of it's deflationary nature of being limited. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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