May Day! May Day! All hands on HEX!

May 1 2023

Weekly Column with The Contrarian

Hello Everyone,

First I want to thank everyone who was able to attend the HEX 2023 Cruise this past week. It was great to meet members of the HEX community during the trip! The experience onboard with the HEX community reinforced my goal of paying it forward by sharing my investment experience with the next generation.

This week will finally end all the speculation about what the Federal Reserve will do. We are expected to see another .25% hike by the Fed, bringing the bank lending rate between 5 to 5.1/4%. All the talk of pausing, pivoting, and easing, is all noise to me. Every investor wants to be the first to react to the latest news while paying little to no attention to what's about to hit them from the past. Everyone is looking for instant gratification, just look back to the Robinhood trading days. Financial wealth was created through access to cheap money, endless liquidity, and a rich post-COVID community. Communities built during the lockdown, are ready to use this new social platform to make them rich by using websites like TikTok and Twitter. What was the World Central Bank system doing at that time? Printing their own currencies like there would be no tomorrow. The focus is always on the next Tweet, next corporate earnings, and next Fed move. Most people never look to the past for the answer. Nothing new has ever been created. It has always existed. It's just a matter of time before humans realize what was always there.

If you have followed my blogs you know I'm The Contrarian. I am always going the other way of the masses. I always wonder why I was different? That was until I watched these two short videos by Ray Dalio. If you don't know who Ray Dalio is, go check him out. His two videos can be found on YouTube. The first to watch is "Principles for Success" (30min). https://www.youtube.com/watch?v=B9XGUpQZY38

The second is "Principals for dealing with the changing world order" ( 28min). https://www.youtube.com/watch?v=xguam0TKMw8 Or you can buy this book of the same title. It will take up 1 hour of your time to watch. It can change your financial life! Ray Dalio gave me the answer to why am I a contrarian.

I understood all the charting and market involvement I was exposed to conditioned me into looking for economic signs that form a repeated pattern in History. Isn't it what we do when we look at chart patterns every day? Chart cycles are no different than any other cycle within the Universe.

Stay Tuned ...