There have been many different opinions about where the future of the gold market lies, but the Keiser Report takes a somewhat different view and gives its own predictions for the upcoming year. According to the Keiser Report, investors are looking at two main events that could have a major impact on the market; the election of President Obama in 2021, along with the pending US Federal Reserve rate hike. Both of these events could have a great effect on the gold market and consequently send the prices of precious metals higher or lower. Both events are highly unlikely, but should be kept in mind when making your own predictions for the future.
The predictions themselves are not based on any technical analysis and were calculated by a professional, someone that has been involved in the world of currency markets for quite some time. Although they admit that they are “not an expert” in the field of economics, they were able to put together a comprehensive, all-encompassing, algorithm that predicts what the future prices of different currencies will be over the next three to four years. This process was then used to generate their own unique and all-time bitcoin predictions for the next five to ten years. They based their predictions on several different factors. Some of these factors included the current exchange rate of the United States dollar against many other currencies around the world, economic policies put into place by the government and banking regulations that may affect the role of money in our economy in the future.
Some of the factors they didn’t consider were how the US economy itself would perform under the new government policies, which could make the exchanges and movements that occur on the Forex market much more volatile. Perhaps the biggest factor that they ignored was the fact that some of the major commodities being traded on the Forex exchanges, like oil and copper, are pretty much irreplaceable. Therefore, if investors were looking for a reliable source of information on how to make money from the commodities market, then they should definitely look towards the top of the list to come up with their own bitcoin price predictions for the future.
The most popular and reliable sources of such predictions are those made by cryptojacking industry experts that have years of experience in the field. These experts have been known to use complex mathematical algorithms and formulas to come up with their predictions. Most of the time, the formulas these experts use are based on actual and real-time information that comes from both the US and international governments. Therefore, if investors were willing to follow the algorithms and the mathematical calculations that the experts use, then they can easily predict the rise and fall of the value of the top digital currencies, such as the US Dollar and the Euro.
As a matter of fact, this is exactly what happened. After the US election in November of last year, traders started to panic and began to worry about the future of the Euro and the Swiss Franc. This was when the Swiss central bank sent out a warning to all its investors not to expect any change in the Swiss franc, as it would be “highly unlikely” for the value to depreciate.
In fact, the Swiss government also indicated that it may hike the interest rates in order to boost economic growth. Due to all these factors, the Euro became the new target of many investors. However, as the date of the election approached, many people saw that the prediction for the Euro was wrong and the market began to reverse. Then, the European Central Bank cut the base rate and raised the rate again, causing a massive devaluation across all the major currency pairs, including the Euro.
At the same time, the United States Federal Reserve also began raising interest rates and started the quantitative easing process. All these factors combined made the European Euro skyrocket and reach a high value, which was predicted in the prior year’s newsletter of the Bhat trading company. However, as predicted in the newsletter, the price of the Euro immediately reversed and then continued to fall. Many experts have blamed the rise of the Euro on the efforts of the European Central Bank to bring more credit into the economy. With these facts, you can clearly see that the predictions for the future of the Euro are actually correct based on current trends.
Based on these predictions, the Euro could fall to a low of around 7 Euros per Euro before recovering later on in the future. However, these predictions were already considered as being unrealistic by many experts. However, we can expect that it will be difficult for the Euro to fall to such low prices as it will have to overcome the problems of its overproduction. In addition, there are very strong economic indicators, which indicate that the Euro will probably rebound in the coming years. Based on all these factors, it is likely that the Euro will continue to reach an all time high price in the coming years.
The post The Future of the EURO – Why Are They Expected to Reach a High Price in the Coming Years? appeared first on TradingGator.
source https://tradinggator.com/the-future-of-the-euro-why-are-they-expected-to-reach-a-high-price-in-the-coming-years/
No comments:
Post a Comment