Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (181435)	12/15/2021 8:37:24 AM
From: maceng2	Read Replies (1) \| Respond to of 219431

<<Museum art NFTs Corporate use-cases Government use-cases>> Yep. Those sort of developments would be crucial. Have to wait and see. In the means time I think a WW1 type of financial attrition will ensue in fiat - crypto - pm's reality space. Years long and messy. Initial successes will just be the opening moves to new slaughter fests. The choices will be to abandon the battle to live another day, or carry forward with grim determination. The way I look at it, inflation is here. There is no choice except to move forward, wherever that leads to. Frugality being best practise, and financial defence in depth. As many fall back positions as sensible. Having some sort of occupation, even if retired, being useful. If one can work, some sort of pay can be expected. So, while fixing metaverse bayonet, getting ready to go over the top, one is highly aware not much defence against 300 mm shells and variety of other ordnance coming the other way... but hey it can all miss! -g- I am liking the USD a bit more as things stand. Well, more of an uncomfortable feeling about the Euro and GBP. Crypto News Today \| Cryptocurrency News - NewsNow CRYPTOS \| 12/15/2021 9:51:59 AM GMT Bitcoin’s decline suggests Fed’s hawkish policy shift is priced in (fxstreet.com) Bitcoin appears to have digested the U.S. Federal Reserve’s (Fed) impending hawkish or anti-inflation policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally post the Fed decision due later on Wednesday. The central bank is widely expected to announce a $30 billion reduction in asset purchases starting in January 2022, doubling the pace two months prior in a bid to phase out the $120 billion per month program by March. Further, it is likely to signal two rate hikes in 2022. The hawkish expectations have built up in response to elevated inflation pressures and Chairman Jerome Powell’s recent decision to retire the word ‘transitory’ from inflation discussions. Monetary policy tightening is typically considered bearish for assets, including bitcoin – a risk-on inflation hedge and emerging technology. That said, a significant de-risking has already happened, leaving the doors open for a classic “buy the fact” trade or relief rally triggered by a highly anticipated negative announcement. As seen in the feature image, bitcoin peaked near $69,000 on Nov. 10 after the U.S. consumer price index (CPI) touched a three-decade high of 6.2% in October, but has since dropped more than 30%. The CPI rose to a four-decade high of 6.8% in November. The dollar index, which tracks the greenback’s value against major fiat currencies like the euro, pound, and yen, has risen over 2% in the past few weeks, hitting a 16-month high of 96.93. The two-year Treasury yield, which mimics the short-term inflation and interest rate expectations, recently rose to an 18-month high of 0.72%. Meanwhile, the fed funds futures have pulled forward the timing of the first interest rate hike to May 2022 and priced in at least three hikes for next year. So, the probability of a deeper sell-off on the Fed announcement is relatively low unless the central bank hints at more aggressive tightening than what’s baked in. “The Fed is unlikely to come in more hawkish than what the market is expecting,” Joel Kruger, a currency strategist at LMAX Digital, said. “That leaves the balance of risk tilted to the other side.” “De-risking in anticipation has been extensive. Many already panic sold. Positioning is light. Therefore, if the Fed were to deliver accelerated taper, signal two hikes for 2022, and nothing else, I would expect a rally across asset classes,” trader and analyst Alex Kruger tweeted. Historical data supports the case for a broader crypto market bounce in the final days of December. “We’ve seen this pattern over the past four years -- where the first 2 weeks of December are very choppy, only to resolve incredibly bullish over the back-half of the month and into the new year,” Jeff Dorman, chief investment officer at Arca Funds, said in a weekly markets note published Monday.