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The Everything Bubble Is Taking Shape

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@jerrythefarmer
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While browsing for new farms today I ran into a series of images that reminded me how far we got into the everything bubble. Instead of rambling too much about it, I'll just let the images speak.

20 Years Of price Changes In The US

While tech is constantly becoming better and more affordable everything else is skyrocketing, except wages.

US Money Supply

Natural Gas Prices On The Move

Lumber Price

Throwback to 2020 when you could get paid to purchase a barrel of oil

Seems to me crypto markets are starting to respond accordingly. Only yesterday 33K BTC was moved from exchanges to cold storage.

And before you start thinking that crypto investors know how to hedge against inflation here are some very interesting numbers I found on Reddit.

Looking at all of this data I can't shake off the notion that insanity will hit the crypto markets very, very soon. Knowing how fast things moved in 2018 I would not be surprised to see $10k candles on BTC in both directions before the year ends.

Anyway... Thanks for attending my Monday data dump. Hopefully, it will help you gain some new perspective regarding future events.

Posted Using LeoFinance Beta