The maxim in the above image is the very reason why public deception in all matters of finance and money are reaching a fervor in 2024. The greater the crisis simmering underneath the surface, the greater the deception distributed by those that work for the superficial, valueless mainstream financial market distribution channels.
For example, I have stated many times how the narratives about $300k to $500k BTC prices in a couple of years literally have zero analytical basis in reality and are rather narratives put forth by Cathie Wood, Mike Novogratz and others of similar ilk for the sole purposes of “selling one’s book” (Note that Cathie Wood has predicted even higher BTC prices of $1.5M by 2030 and here $500K prediction is for 2026). In fact, one only has to travel back in time to little more than two weeks ago on this platform to this post here, in which I specifically warned BTC investors to not get swept up in the hype of soaring BTC prices immediately following spot BTC ETF approvals, after correctly predicting that BTC prices would be capped at $40k last November and no higher than $45k last December. I specifically warned in the linked article above, that after spot BTC ETFs were approved, “I [had not] encountered anything [in my research] that would suggest BTC prices can move higher than the $50,000 to $55,000 range in [this month of] January.”
And what has been BTC’s high price thus far this month, reached nine days after I published the above article? $49,000. But banker deception has been equally frothy with the US dollar, and gold and silver to open 2024 as well. Recall that many times, I have strongly suggested that new subscribers focus not only on articles that I publish moving forward after subscribing, but also to peruse the archive of 1,500 articles you receive with a membership here. Many articles I’ve published in this database remain as relevant today as they did when I first published them, even ones that are several years old. Why? If one is going to be truthful as an analyst, in an industry in which asset price behavior is ruled by perception and deception for illogically long periods of time, it often takes years for asset prices to catch up to published truths in the finance and monetary arena (think Michael Burry of the 2007-2008 Big Short fame).
Thus, in reference to this inherent deceptive quality of the finance and investment industry, I published an article more than three years ago titled, “The Ticking Time Bomb of Financial Markets”, essential to correctly interpreting the extremely volatile price action of gold/silver assets that has opened 2024. In that article, I stated the necessity of tracking a very specific interest rate index and a very specific monetary supply to understand the timeline for when the ticking time bomb would implode and when volatility in global markets might dramatically increase. So let’s revisit why both of the indicators I warned everyone to track three years ago are warning “Danger, Danger” right now as we open up the New Year.