It was getting quite obvious the markets were going to get smashed when the CPI was getting out of control with ridiculous "Green policies" without back-up infrastructure in place when it comes to reliable energy. The EU+US sanctions was the nail in the coffin for me and started liquidated my positions months ago and moving into presious metals. Also US consumer sentiment was very low was an indicator that less liquidity was in the markets
The FED has recently stated their wont be a "soft landing" so I'm expecting a heavy 100 to 150 basis points if not higher to crush the inflation. The only issue is, all Nato nations including us are getting rid of fossil fuels without back-up measures in place. So the question is where does this end up?
Also Russia, China & the Bricks nations has a meeting today stating they're working together to build a currency backed by commodities while the USD is backed by debt & their only solution is to create a World "CBDC"
We're losing the war in Ukraine & Russia is clearly got the supply of off energy, materials, food etc etc which make up 30% on the world reserve.
Everyone should start taking measures in place to protect their wealth & families as the future looks grim.
