I think yesterday was a wakeup call not only for Hive which it needs to seriously start to smarten up but for all markets. About the only market to shake off the massive sell off yesterday was Gold and Silver assets and well other metals. We are in a time where things are shifting drastically and a lot of new things are happening. The world and internal countries are at each others throats and it's only escalating on all fronts.
I'm going to frame this all around a 5-6 year time frame because a lot has changed since the pandemic days. (I mean if you can even call it that lol)
Silver and Gold
Silver and gold continue to move and this is a clear area where I'm noticing that trust in the financial systems, governments, the stability of the USD as a world currency, inflation etc. People are looking for ways to hedge against it all and that has always been throughout history to buy and hold silver and gold along with a few other precious metal assets.
Now something to watch will be the 17 rare earth metals as well because China just said they will no longer be selling it to other countries as trade wars heat up. Those being Lanthanum, Cerium, Praseodymium, Neodymium, Promethium, Samarium, Europium, Gadolinium, Terbium, Dysprosium, Holmium, Erbium, Thulium, Ytterbium, Lutetium, Scandium, and Yttrium.
Stocks
Stocks took a major beating on this news as trade wars heat up once again. It's a reminder of what happened last time this went into affect where stocks plummeted for a few days and then quickly recovered as the trade wars cooled down.
and as we can see from this stocks really haven't moved they pretty much stayed on the same level and simply just returned. We very well could be in for a sharp sell off come next week unless things get ironed out but it feels like they wont at least not right away. This could make that trend of Uptober everyone talks about actually being a rather negative month plunging the DOW back to around 40,000 levels.
Crypto
Crypto also took a hit and it was massive but not to the point we see on some of the other graphs. In fact it's pretty much just returning to levels it was at just a few months ago.
Overview
All markets took a hit but it wasn't just the USA and these markets. Asia, European etc all came crashing down and to be honest the world has been in a rather rocky place for a while now. Lots of unknowns and shake ups which continue to come and that's not always a bad thing it could be a very good thing and beneficial to those investing long term.
If we bounce out even further though we can see that these are small shocks and the things like the S&P500 have been roaring upwards for a good last three years.
As we can see here there was a period of almost two years where the S&P hardly moved but those other three years made up for a massive amount of the gains. At a current 88.45% increase this is a whopping 17% per year increase if you just invested your money into the S&P500. This is well above the historic average of 10%.
What we might see I believe are constant up and downs and wild swings. However with the USA fighting for world power and competition along with wars I believe we could see rapid advancements in the S&P sector being that governments will be throwing money at these companies and also for rare earths and other resources. The more resources you have the better chances you have of winning and that's a heavy battle ground we are currently pushing closer and closer to.
*This article is not financial advice and is for entertainment purposes only. Do your own research before investing and understand the risks.