After reaching nose bleed territory, Bitcoin imploded, wiping three trillion from the aficionado’s wallets. Quite a Bite indeed. While the today’s coin of the Realm suffered a calamity, Gold showed its vigor by exploding upward to $1900.

The stock market manifested its unease by collapsing this past week. Needless to say, the market now is in the hands of the FED. Interest rates are spiking, 50 basis points expected in March . However, once the FED realizes the economic condition of the populace, we don’t see any more future rate increases. Elections are coming up. You know what that means? No more rise in rates.

With inflation running at 7.5% officially, most likely 10-15% in actuality, the FED and Biden Administration are caught in a bear trap

of their own making. Between the proverbial rock and hard place with a shiv is  getting deeper politically, fiscally, economically, monetarily, financially and globally. There is no way out for the Pervs. See you in November.