 Let's jump over to our man Teddy kegs dad folks. You can read Teddy's outstanding tiger forex report He puts out new issues every week updates throughout the week when warranted He's got a couple webinars in there as well You can check it on the front page of TFNN the tiger forex report right under the newsletter tab you subscribe folks It's $97. It comes with a 30-day money back guarantee of a pullback from the trends We've had going on but let's jump into the action teddy kegs dad here man. Good morning Tommy. Happy New Year Happy New Year Listen, we had a great discussion last week kind of some of what we talked about is coming of fruition this week Now that we've gotten, you know a little bit of a pullback. We got the 10-year yield Maybe at 4% right we got the dollar index popping above 102 What do you think about some of this market action? Where do you want to kick things off Teddy? Well, I think we you know, this is perfect From transition from last week to this week everything that we talked about has pretty much come true So I think that as far as yields. I like them right now. I think you had a nice profit-taking move You know over the past few sessions It's you got to realize that you know the interest rate market has been rallying since at the middle of October So the fact that we've pulled back a couple points in the 10-year and the bonds. Well, it's not a surprise That's for sure, you know So the question is is it going to continue and I think we might be hit that by the rumor cell the fact kind of Stage right now. So whether this is a correction And the long-term base is what we've been viewing or is it time for a short-term correction before this new trend continues I think we're in that situation where we have two situations that were more likely to sell off meaning Interest rates should go a little bit higher over the next couple of weeks or so You know which gives strength to the dollar You're seeing that in the dollar index and also some of the major currencies like you've seen the US dollar Canada get a really good bounce since we talked last week Obviously the euro US dollar has sold off pretty strong, you know and I think it's kind of interesting too because I heard you talking about Bitcoin and Coinbase and Bitcoin especially if you look at the rally that it's had it's kind of ironic the bond market bottomed out in October So did Bitcoin and Bitcoin is now started the falter and top out as the interest rate market is looking at least for a short-term Correction, you know, so it's kind of funny how those two are kind of trading in tandem right now I'm not saying that they're going to continue to do so, but it does seem that right now as Money was coming out in that way as far as where is working big money go and especially in that market You're looking at whales in the Bitcoin market, you know, and then you had the ETF stuff that we're talking about These are all things that are going to have more interest, you know, so I think that's part of the run-up I think there is some sort of a correlation there So I would watch that so I would be interesting to see if we actually could compress this move to the upside as far as yields Meaning lower trading bond and 10-year prices now today I would watch it because we've had a nice profit-taking move And if you look at the short terms the ones into the two year and five year haven't really moved the ten years at a good One to almost three relationship and when you have that relationship between those two the ten year and the third year You have to watch the ten year because of the ten years and that doesn't continue to tick lower It's going to be hard for the bonds to stretch any much low and much more lower today because there's usually not more of a spread than one To three it's more between two to one to between two to one and three to one for the spread between those two as far as how Many ticks you'll be up or down in any given day, you know Because one of the reasons those relationships exist because there are spreads between those markets which futures traders would understand I don't know how many of your viewers know about future spreads between interest rate markets So I don't even want to get into that one, but I think that's what you're seeing as far as what's going on with the dollar So pay attention to that especially at Bitcoin traders And then I did hear you talk about Coinbase and I think that the sell-off that you're seeing in Coinbase I don't know if your readers or followers that are following crypto know that you know They had the ruling that came out last week about SPF how they're no longer going to go after him criminally for all the money that was taken out of the company and given to political Donations which no company should be giving customer funds as a donation to anybody to begin with you know That's fraud in itself, you know So the fact that they're doing that waving that means that well if some other crypto company does that or any company does that now That means that's a precedent. We're not going to go after you for that So that's a way to definitely slush money out of a company that now is now going to be a precedent Okay, then you also have the whole thing with BlockFi that expired as of The first of the year For people who aren't familiar with what's going on with BlockFi There's certainly all the funds of customers of which I am one of them I'm going to supposedly get a check for cash value of some of the crypto that is left It's gonna be like basically less than pennies on the dollar. So for what I'm getting back out of a couple grand I think I'm gonna get like I don't know maybe ten dollars twelve dollars something like that You know, so so that also proves to you that crypto companies There's a big problem because how do you transfer money where they have a custodial agreement But I thought your wallet is on and you can't break into that. That's all yours So obviously that whole theory is out the window on the fact that once they have it It's almost like that South Park episode when they're at the bank. It's like here's my money Thank you very much. How much do I have left? You're done I It's gone So and I think that's what's happening with Coinbase because anyone that knows about those companies Realizes that and then I'm also I have what next co also another company Barely any of the assets that I had put in there originally are there anymore. So that's two crypto houses That's why we sell people to spread your money out between brokerage houses because you never know if one goes down Well, here you have two that definitely reacting nefariously Out of the ones that were promoted as the top compliant ones in the industry by the financial industry as well So that scares me when it comes to this whole ETF thing and stuff that's being launched as well So but you can I would watch the yields see how that does maybe Wag the tail of Bitcoin if you will and I think that yeah You're gonna see a little bit of dollars strength short term and here's something you gotta think about too Is oil how this is gonna come into play over the next couple years We're in an election year and I wouldn't doubt it if Biden doesn't reverse what he did on his first day of office to the oil industry But how do you combat what's going on with the bricks and stuff like that Saudi Arabia just joined bricks? So that means they're gonna be doing most of their petrol Transactions in other currencies. So how do you fight that? Well, you can't fight that if we're not gonna be raising interest rates What's the other thing we could do the only thing we can do is pump a ton of oil a ton of oil I mean pump turn those pumps on so strong to keep the market below where it's at be where it's at or lower Because what would that do it lessens the demand for other currencies? So that helps to keep the bricks currencies down in value So I think you might see a commodity driven currency war developing over the next six months We'll see I don't know it could actually be like a fairy that comes out of nowhere in my head sometimes But the way things are looking right now, you know, if it acts like a dog and it walks like a dog It probably is a dog, you know, right? Crews at $71, right? We got wars breaking out in the Middle East everywhere. And so something's going on there, man So I appreciate how does oil go down? How does oil go down right now with wars in the Middle East all over the place, right? I was talking to Kevin yesterday. I said the same thing We're talking about crude and I said, you know, can you imagine right? You're bullish on crude and you see the headlines coming out, you know Whether I ran sending warships out to the Red Sea and then you watch the price and crew drop literally as that's happening So as you said, it's happening. It walks like a dog, man. Pay attention, right, right, Teddy I appreciate the time as always man. That was a quick nine minutes Appreciate you joined the program folks. Check out the Tiger 4x report He's got a couple great webinars under the services tab as well. Teddy. I appreciate it as always We'll talk to you next week man. Thanks Tommy. Take care guys. Thank you. We'll be right back folks. Stay tuned You