Trump, Brexit, the Bond Bubble, the Elites, and the Blue Collar Man
Trader Scott’s Market Blog
October 3, 2016
Give me a chance to survive
I’m just a poor soul in the unemployment line
My God, I’m hardly alive
My mother and father, my wife and my friends
I see them laugh in my face
But I’ve got the power, and I’ve got the will
I’m not a charity case
I’ll take those long nights, impossible odds
Keeping my eye to the keyhole
If it takes all that to be just what I am
Well, I’m gonna be a blue collar manMake me an offer that I can’t refuse
Make me respectable, man
This is my last time in the unemployment line
So like it or not I’ll take thoseLong nights, impossible odds
Keeping my back to the wall
If it takes all that to be just what I am
Well, I’m gonna be a blue collar manKeeping my mind on a better life
Where happiness is only a heartbeat away
Paradise, can it be all I heard it was
I close my eyes and maybe I’m already there.I’ll take those long nights, impossible odds
Keeping my back to the wall
All that be just what I am
Well, I’m gonna be a blue collar man
You don’t understand.I’ll take those long nights, impossible odds
Keeping my eye to the keyhole
If it takes all that be just who I am
Well I vow to be a blue collar, gotta be a blue collar,
Gonna be a Blue collar man.Believe it.
It’s no coincidence that the popularity of Brexit and Donald Trump is appearing contemporaneously in this current time of mankind. Beppe Grillo in Italy and Marine Le Pen in France are also examples. They are all symptoms of the effects of the 70+ years push by the elitists to force globalism and open borders on all of us. The good news is the elitists got too greedy and they are now very concerned their “Utopian” dream (for them) is in big trouble. The bad news is they will go down fighting. And the rest of us are their targets.
The globalists’ plan was to have control of/by a relatively small number of multinationals which would dominate the rest of the 99% of our fellow humans. From what I’ve cobbled together there were several parts to the plan, such as: getting us addicted and very comfortable taking on debt (debt/leverage scares me – the only time I use leverage is for short term trading); having one world characterized by open borders; having one global governing body (U.N.); having a few global banks working with the IMF, et al; having control of the media and the “educational” system. And more, but the point is to have total domination of this Planet. And it was looking good for them up until a few decades ago, but just like what most people do in markets – they got blinded and off focus due to greed.
So now for a few decades the masses have gotten restless, as we have seen our wages stagnate, our taxes soar, and our cost of living rise relentlessly (even with “deflation” allegedly omnipresent). But we have reached the critical limit where the restlessness has gone from apathy to fear and then to anger, and it’s accelerating. And the Trump, Sanders, Grillo, Le Pen, Brexit, etc. phenomena are “confirmations” of the new trend. That trend is the peaking and the eventual loss/downtrend in the confidence levels in hedge funds (oops, I mean Central Banks), Governments and globalism. And the peaking/distribution in those confidence levels can best be seen in the massive distribution in the US Long Term Treasury price, which can be seen (inverted) in the Long Term Treasury yield, The true acceleration in the loss of confidence will be reflected in and accompanied by the beginning of the acceleration of the major downtrend in global Government Bond markets. This situation is close at hand. The short term rates in the US bottomed in Fall 2011. With approximately a six year lag, we should start seeing the final bottoming in the longest term yields within the next twelve months. There will be a few more attempts to push below the July lows of 2.1% in the US Long Bond yield. But from here forward the pushes down in yield will not likely have any staying power and will fairly quickly bounce back up. The big capital is using the price rallies (drops in yield) to sell into. The geniuses at the central banks are some of the biggest buyers into those low yields (price highs). Disaster awaits the insanely leveraged balance sheets of the world’s Central Banks when yields begin their relentless move higher over the next many, many years. And this will be occurring at the same time as the loss of control over the rest of us by the global elitists and their agenda. Thus begins the Revenge of the Blue Collar Man.
About
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day.Scott returned to markets over fifteen years ago where he continues as an independent trader.
'Trader Scott’s Market Blog – Trump, Brexit, the Bond Bubble, the Elites, and the Blue Collar Man – October 3, 2016' has 1 comment
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