In the realm where gold shatters records and Bitcoin dances to its tune, the recent surge in both assets has left many puzzled. However, for those understanding the golden rule of finance in our time, it's clear: Global liquidity reigns supreme.As governments globally grapple with staggering debts, central banks have become adept at firing up their money printers to prevent financial abysses. China, with its towering $50 trillion housing bubble, pumps around $100 billion monthly, mirroring the Federal Reserve's lavish 2020-2021 party levels.The U.S., not to be outdone, is on an 8% of GDP spending spree, with the Federal Reserve discreetly injecting $300 billion in liquidity this year. Amid talks of tightening belts to combat inflation, the Fed is, in reality, performing a clandestine magic trick, keeping the credit card swiping while assuring control over inflation.Despite the image issue, the show must go on. In an election year like 2024, the monetary floodgates are likely to open wider, ushering in a wave of cash that will further escalate the printing presses.Yet, the question looms: Why the secrecy? Inflation lingering at 4% poses a challenge for Powell, the Fed Chair, who juggles the appearance of control while greasing Treasury market wheels with cash. The answer lies in the delicate dance of maintaining an image while ensuring financial lubrication.For the crypto market, this injection of liquidity acts as rocket fuel, propelling assets to unforeseen heights. China's monetary maneuvers set off a chain reaction, catapulting Bitcoin into an extended rally, defying cyclic expectations.As we ride this wave, the clock ticks towards January, marking a potential culmination of this surge. But fear not, for even after the fireworks, 2024 holds promise. A correction, if it comes, should be seen as a buying opportunity, as key macroeconomic forces align to propel the broader market upward.In the intricate dance of global finance, where debts loom large and money printers hum, crypto finds its momentumāa rocket ready for liftoff into the uncharted skies of 2024.
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