
Financial Napalm: The Fed Needed Stocks To Fall

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Greetings from my family room sofa. I’m being quite the pest, aren’t I? But these markets are very exciting recently. I want you to take careful note of the hammer bars being formed in crypto at this very moment:

With FOMC on tap with an upcoming .5% rate hike, gold got hammered and bounced back with a vengeance on ‘CPI’ Friday. The Fed will raise the Funds Rate at least .5% next week. So says not me, but the wise guys whose job it is to correctly anticipate FOMC policy. Indeed, a full 20% of CME traders expect .75%, up from our last check on June 3.

Remember back in 1989 when everyone assumed Japan was going to absolutely take over the world? Good times, good times. Well, they’ve spend the past THIRD OF A CENTURY mired in a pathetic government-run fraud, hurling quadrillions (yes, quadrillions) of Yen in an desperate effort to sustain the illusion of prosperity for their stagnant old-age colony. If you want to see how bad things are, look no further than the US dollar versus the Yen. If a worthless piece of crap like a United States piece of paper is performing this well, you KNOW this must be absolutely wretched for the other side.
