The FED admits, the Treasury Secretary admits and several FED Presidents admit INFLATION IS COMING. Search it on Duck Duck Go instead of Google...
As the US dollar devalues, an "adjustment" will be seen MAINLY across most all energy sector stocks, commodities, crypto currencies, land, etc...
WHAT "adjustment?"
An "adjustment" in how many MORE US dollars it takes to compete for the LESS goods in the economy due to supply chain issues but also contributing to this will be is a mounting debt crisis.
FIAT currencies are fighting for their lives now. So called "Elites" (Backed by the Central Banks) did not get the war they wanted... I'm not going to get into WHY the did not get it. Hence, COVID as the perfect excuse to put their globalist agenda into overdrive and to also have something to blame a financial/economic/debt/everything crisis on.
Those who have held cash (FIAT) will begin to panic and look for another place to put their FIAT to hedge against the coming hyper inflation. THIS is "WHY" I've said "As the US dollar devalues, an "adjustment" will be seen MAINLY across most all energy sector stocks, commodities, crypto currencies, land, etc. An "adjustment" in how many MORE US dollars (FIAT) it will take to compete for LESS goods in the economy due to supply chain issues but also contributing to this will be is a mounting debt crisis."
Mark my words!!! There is a serious POTENTIAL for a "CRAZY" move in 2021 for crypto currencies. DON'T GET LEFT BEHIND HOLDING FIAT...
No way it goes that high lol. You have to realise this guy has made some really bad calls and a lot of you got rekt following him. 10$ is the max for a long time for ada.
ZenoAgropolous
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@Alphabigmoneytrade, When people are paying $15 for a loaf of bread or gallon of milk, then it will make more sense.
Alphabigmoneytrade
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@ZenoAgropolous, bread won’t be 15$ this year unless you living in some eurotard shit hole. 10-20 years sure bud ada won’t be 30$ by end of year that’s just crazy talk.
Blackstone1
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@Alphabigmoneytrade, I'm likewise pretty skeptical of price projections like this but consider for a moment that ETC, which is for all intentions, a dead project went from 18.00 to 157.00 in less than 30 days! Most likely on a combination of hype and people confusing it for ETHEREUM
@Alphabigmoneytrade, I've been following Mr. Ward since early 2019, if you look back at his posts on the Wyckoff cycle for ADA and BTC this chart idea will look less crazy. The USD is about to behave like the Venezuelan Bolivar or Zimbabwe dollar because all paper fiat money follows the same cycle. Nick Szabo has a very good in-depth blog detailing the fiat cycle especially as it relates to cryptocurrency prices. unenumerated.blogspot.com/
@Alphabigmoneytrade, Always do your own research, and the market can always change its course. Because of David I bought in with DCA last year and I kept adding and holding. So I can't argue in any way.
About that range he gave for EOY...that's 10x from here. Doesn't sound so crazy if you put it like this. We will see.