FEAR IN THE KRPTO SPACE – DOW CRUMBLES

We are talking real money here. Just like Tulip Mania, bubbles, no matter what the kind, have to burst. And as it is with Krypto, the stock market and perhaps the housing market, the day of reckoning has to happen.

BTW, home mortgage interest rates are closing in on the 6% ceiling. We recall it being 3% a short time ago. But all is not lost yet, Krypto still has $20,000 to go. The stock market, man it really got hammered today. However, the big picture is the NASDAQ, down approximately 35% from the top. We smell bear.  And as we said 60% of those traded on the NASDAQ are down at least 50%. Talk about injection by needle.

But when there is fear in the streets, bargains appear. And so it is today. Many Blue chips were thrown out the window. Sell, Sell, Sell was the word heard on the street. This Powell guy, pushed the needle hard,  seventy five basis points; the street got high yesterday, but today suffered withdrawal; a schizo market for sure. Well we blabbed enough today. One last thing to end the day; inflation will most likely top out at 15%; just saying.

When you go to the polls. remember what Branden has done to America and your wallet.