Surging Commodity Prices
Precious metals have had a record run. Gold above $5000, silver above $120 , platinum and copper also at are near record highs. These prices are caused by a number of triggers. I deem them to be inflation, uncertainty,loss of confidence in government debt models, speculation and Geopolitical world risks. Now that they have reached these highs, you may be wondering what’s next. A sharp correction is possible at any stage in the future as the prices are driven by fear, speculation and uncertainty. After all the maxim is ‘all that glitters is not gold ‘
Crypto Currencies
The crypto market cap has exceeded 3 trillion US dollars in times of market buoyancy and hype. There are now literally hundreds of cryptos that have varying functions, some arguably more practical than others. Real world use is lagging if we are to be honest. The ultimate hurdle for all these cryptos is that they are subject to regulations and even an outright ban by governments.
Looking at the constituents of the overall crypto market cap, the fact that Bitcoin and Ethereum make up such a large percentage without being better or offering more utility than the hundreds of other cryptos allows us to make the following assumptions and predictions. It is highly likely that there will be a massive flow of capital out of Bitcoin and Ethereum into the other crypto assets. Recently you saw the major leaders in the crypto space take heavy losses and I see this as a precursor to move out of these assets to the other assets. Once Bitcoin and Ethereum represent less than 10 percent of the total crypto market cap, it would be time to re analyse this space. Without naming better alternatives to these leading two,let me explore why Bitcoin didn’t work.
Bitcoin Failure and Eventual Collapse
Bitcoin recently halved from its all time highs despite record precious metals prices and Gold above $5000 an ounce. This has disproved the Digital Gold Narrative. Bitcoin could never be digital gold as there are hundreds of identical chains that do the same things,it’s not rare.
Bitcoin failed to become the decentralised currency. The largest holders are the elite classes, governments and large investment firms and vehicles. Some 98 percent of Bitcoin wallets have less than 1 bitcoin. Meaning Bitcoin has become a tool.for.the elite to extract value from the retail and every day working classes.
The anonymous founder along with a club of governments and investment houses and corporation s as the holders made this assets am asset that the general public can safely throw out.
Big Tech
Just as Big Tech is largely banned in China, it could see increased regulation from inside the US and bans from other countries including Europe and other trade areas. With the rise on trade wars Big Tech has enjoyed frew reign in most Markets except China as the US looks to tariff foreign markets, Big Tech could bear and ever-increasing burden of tariffs, blockades or even bans. On other grounds Big Tech also is likely to see opposition in terms of anti-competition practices.
Artifical Intelligence
There are now a huge selection of AI’s available and they seem to be getting better by the day. If we could only have the next years model today as the current models will likely be trivial,basic and error prone compared to future models. Yes, they make many errors and up to now seemed to find it hard to think outside the box when gathering information,but as I indicated the preferring of so called trusted websites it marketing websites will not last forever and the AI will improve,whether on its own or from your inputs. There are likely to be a huge variety of AIs with varying agenda some perhaps not necessarily good in the human sense.The question remains will the AI integrate with humans , stay stand alone or have varying paths .
The Euro to Replace the Dollar as the World Reserve Currency
Once Europeans become serious on innovation again and become leaders in the technological fields, the EURO can become the reserve currency.The Euro is really the most modern international currency and continues to grow, where it will be possible perhaps at some stage for traditionally non-european countries to enter the Eurozone. It will be truly a currency the transgresses borders and has proven to do so more than any other currency in the world.
The Future of Vaccines and Disease Prevention
I see the way forward for vaccines to become more effective with solutions to hundreds of other diseases in the near future. Traditional vaccines along with MRNA will make the human system extremely robust in immunization,fighting off disease and protecting from disease the human body. Ultimately we are looking at the ability to immunising nearly all diseases by integration of vast network of these technologies.
Disclaimer
None of the above is investment advice. It is a curative analysis of world markets, geopolitics , history, and coming to the logical and sound conclusion as to the likelihood unfolding of future events.
