Turkey on Watch for Monetary Collapse

Erdogan has asked all the Turkish people to convert their dollars to Turkish Lira. This is a desperate act. The rumors behind the curtain are running wild. Many are concerned that Erdogan’s policies have just destroyed the confidence in his government both internally and externally. Turkey is now on watch for a possible monetary collapse. The key monthly closing resistance stands at 42425.

Latest Posts

India vs Pakistan

COMMENT #1: Hi Martin, Looks like Socrate’s forecast for India vs. Pakistan is close. BT COMMENT #2: I confess. I do not know how you do it. You warned us [...]
Read more

Capital Flow & Flight to Quality?

QUESTION: A recent analysis by Allianz economists claimed that, ordinarily, when yields on Treasuries rise, the U.S. dollar strengthens as foreign capital pursues those higher yields. However, the dollar weakened as [...]
Read more