Satış

EGPT Is In An Death Spiral

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Egypt is In An Economic/Financial Death Spiral as the money supply rises (Red bars) the currency value collapses, Inflation soars (currently at 40%) the stock market in dollar terms collapses.

Sure on occasion you get fierce rallies on short covering rallies (as you can see several on the chart) but ultimately it only leads to lower and lower prices in $ terms.

Since 2010 EGPT ETF has lost over -82% of its value in dollar terms.

Great Risk-reward setup presents itself for yet another short

I know people only hear what they understand. I hope more people on Tradingview expand their understanding of macroeconomics (understand me better) and start taking advantage of easy profits.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.