numnuts Posted September 28, 2022 Share Posted September 28, 2022 (edited) Um, because it is what the Israeli mafia are heavily reliant on maybe? And, it won't be 'strong' for too much longer. It's true worth is less than that of heavily used bog roll. Â Â https://www.bbc.co.uk/news/business-63040797 Â 'Why is the US dollar so strong, and what does it mean?'Â Edited September 28, 2022 by numnuts Quote Link to comment Share on other sites More sharing options...
Grumpy Owl Posted October 2, 2022 Share Posted October 2, 2022 On 9/28/2022 at 6:39 PM, numnuts said: 'Why is the US dollar so strong, and what does it mean?'Â Â The US dollar is only 'strong' because the pound has been weakened, by hedge-fund investors and speculators 'betting against' it. Â While the media focuses on the 'negative' aspect that it means imports paid for in US dollars end up costing more - "everythings going up in price!" - they are mostly overlooking the fact that this means exports to the USA or other countries buying in dollar value become much more attractive. Â As a result of this at work, since the other week, our sales to US customers have increased, and by tweaking our prices, our US business has become a little more profitable for us. So some good has come out of this! 1 1 Quote Link to comment Share on other sites More sharing options...
TheConsultant Posted March 30 Share Posted March 30 https://twitter.com/search?q="US Dollar"&src=trend_click&vertical=trends I just noticed US Dollar trending on Twitter clicked to see what the fuss was about, BRICS and a couple of other countries such as Pakistan and Iran are moving away from the petro-dollar. No petro-dollar is tantamount to no more printing off assets and the means to acquire said assets via FED. https://www.businesstimes.com.sg/international/china-completes-first-yuan-settled-lng-trade https://trendingpoliticsnews.com/breaking-china-and-brazil-to-ditch-u-s-dollar-will-trade-in-their-own-currencies-mace/?utm_source=proude&utm_medium=twitter Last year banks rushed to buy gold at the fastest rates since 1987. Quote Link to comment Share on other sites More sharing options...
Mr H Posted April 7 Share Posted April 7 Superb editorial by Tucker on the dollar status. Â "For nearly 80 years, since the end of the Second World War, the U.S. dollar has been the currency of the world. Â But what if that ended?" Â https://twitter.com/TuckerCarlson/status/1643781248408494080?ref_src=twsrc^google|twcamp^serp|twgr^tweet 1 Quote Link to comment Share on other sites More sharing options...
Macnamara Posted April 7 Share Posted April 7 There are some moves on to have the dollar put back on the gold standard but even if they managed to do that the question remains over whether there really is any gold in fort knox? 1 Quote Link to comment Share on other sites More sharing options...
Mr H Posted April 7 Share Posted April 7 I quite liked EB Tucker's theory of how the currency reset will go down. Â Thinks they will do cyber attack, where everyone "losses" their money and the government comes into save everybody with their new digital currency and will have no choice but to onboard. 1 Quote Link to comment Share on other sites More sharing options...
Mr H Posted April 7 Share Posted April 7 Enjoy, probably not the right word! Â Hope he's wrong 1 Quote Link to comment Share on other sites More sharing options...
JCP Posted April 8 Share Posted April 8 21 hours ago, Macnamara said: There are some moves on to have the dollar put back on the gold standard but even if they managed to do that the question remains over whether there really is any gold in fort knox?  FDR's Other ‘Day of Infamy': When the U.S. Government Seized All Citizens' Gold Ninty years (and 3 days) ago, Franklin Roosevelt told Americans they had less than a month to hand over their gold or face up to ten years in prison.  https://www.moneymetals.com/news/2023/04/04/fdrs-other-day-of-infamy-when-the-us-government-seized-all-citizens-gold-002718  This is how fort knox was filled ....... by seizing gold from the American people. The heist wouldn't be complete until they emptied the depository. I could see a scenario where it is deliberately confirmed and reported to all, that ft knox is empty in order to crash the economy & USD, and crush any wisp of confidence still left in the US government. This void will leave an opening to the NWO's one world government. They have to crash and burn this system, and make it so unpalatable that people will accept their solution. Order out of chaos .... The Hegelian Dialectic .... Problem, Reaction, Solution. Not necessarily a prediction, but a possible scenario.   1 Quote Link to comment Share on other sites More sharing options...
TheConsultant Posted April 9 Share Posted April 9 Gold is creeping up in price, highest it has ever been over the last few weeks. https://fee.org/articles/central-banks-are-purchasing-gold-at-record-highs-why/ Â Quote Link to comment Share on other sites More sharing options...
Mr H Posted April 9 Share Posted April 9 46 minutes ago, TheConsultant said: Gold is creeping up in price, highest it has ever been over the last few weeks. https://fee.org/articles/central-banks-are-purchasing-gold-at-record-highs-why/ Â Gold has been heavily shilled by influencers and had it's highest ever Google search the other week. Â Retail starting to FOMO in. Quote Link to comment Share on other sites More sharing options...
TheConsultant Posted April 9 Share Posted April 9 (edited) Whats FOMO? Gold has been steadily going up for years, banks have been buying it more and more year on year. Gold backed currency would end the Federal Reserve (and globalist) grip on USA, petro-dollar and therefore world commerce. Edited April 9 by TheConsultant Quote Link to comment Share on other sites More sharing options...
Mr H Posted April 9 Share Posted April 9 7 hours ago, TheConsultant said: Whats FOMO? Gold has been steadily going up for years, banks have been buying it more and more year on year. Gold backed currency would end the Federal Reserve (and globalist) grip on USA, petro-dollar and therefore world commerce. Fear of missing out. Â Return on investment for gold by year. Â https://www.statista.com/statistics/274002/return-on-gold-as-an-investment-since-2002/ Â Not great especially as it isn't adjusted for increases in money supply. Â I think the return to gold standard is unlikely in this environment because western government policy is to spend money they don't have, and a gold standard proper, prevents that. Â Historically though, gold's performance is linked to inflation and strength of the US dollar. So inflation looks set to continue and dollar doesn't look the best, so personally I am pretty bullish on gold next few years. 1 Quote Link to comment Share on other sites More sharing options...
TheConsultant Posted April 9 Share Posted April 9 (edited) 26 minutes ago, Mr H said: Fear of missing out.  Return on investment for gold by year.  https://www.statista.com/statistics/274002/return-on-gold-as-an-investment-since-2002/  Not great especially as it isn't adjusted for increases in money supply.  I think the return to gold standard is unlikely in this environment because western government policy is to spend money they don't have, and a gold standard proper, prevents that.  Historically though, gold's performance is linked to inflation and strength of the US dollar. So inflation looks set to continue and dollar doesn't look the best, so personally I am pretty bullish on gold next few years. Its not an investment, its diversification. It also holds intrinsic value as its (both gold and silver) are used within industry very often. The dollar will collapse when the Fed collapses. Inflation is a manufactured tax largely controlled by Fed rates as well as asset printing (the more you flood the market with money the less it is worth), petro dollar as well as the dollar are worth less than any amount of precious metals, the precious metals market is also very manipulated - the sheer volume of sales over the last decade or so is slowly pushing up the price outside of all methods to reduce rising value artificially. Assets are being sold to offset metals price, there is a bubble that will burst at some point and the value will become more accurate, up or down who knows but it WILL be worth more than any currency in the longer term. Edited April 9 by TheConsultant Quote Link to comment Share on other sites More sharing options...
Mr H Posted April 9 Share Posted April 9 6 minutes ago, TheConsultant said: Its not an investment, its diversification. It also holds intrinsic value as its (both gold and silver) are used within industry very often. The dollar will collapse when the Fed collapses. Inflation is a manufactured tax largely controlled by Fed rates as well as asset printing (the more you flood the market with money the less it is worth), petro dollar as well as the dollar are worth less than any amount of precious metals, the precious metals market is also very manipulated - the sheer volume of sales over the last decade or so is slowly pushing up the price outside of all methods to reduce rising value artificially. Assets are being sold to offset metals price, there is a bubble that will burst at some point and the value will become more accurate, up or down who knows but it WILL be worth more than any currency in the longer term. Pretty much agree, except can't see the Fed collapsing anytime soon, they seem to be running the show and are a privately run organisation. But who knows? Quote Link to comment Share on other sites More sharing options...
TheConsultant Posted April 9 Share Posted April 9 (edited) 1 minute ago, Mr H said: Pretty much agree, except can't see the Fed collapsing anytime soon, they seem to be running the show and are a privately run organisation. But who knows? Friendly bet, it will collapse. Speaking of privately run and owned, who by exactly? I am not certain myself although many roads lead to the same families. Edited April 9 by TheConsultant Quote Link to comment Share on other sites More sharing options...
Mr H Posted April 9 Share Posted April 9 1 minute ago, TheConsultant said: Friendly bet, it will collapse. Speaking of privately run and owned, who by exactly? I am not certain myself although many roads lead to the same families. I would like to know too. Speculation is by the typically known big banking families but I don't think anyone knows for sure. Quote Link to comment Share on other sites More sharing options...
Bemore Posted April 23 Share Posted April 23 BRICS and the movement away from settling energy in dollars has been around for quite some time. Â Money still flocks into the Dollar through "Risk Off" periods (when the markets and overall sentiment go down) Demand was massive when the bear market started in Jan 2022. Â There are expectations from some of a "Soft Landing"(that the US won't go into a big recession) but personally I think this is wrong, which is why I think we will see demand fo the dollar increase again in the medium term. Â Macrowise, I think there is still a lot of demand for the dollar and any "Weakening" like what is being inferred here is decades away. Quote Link to comment Share on other sites More sharing options...
Mr H Posted May 14 Share Posted May 14 On 4/23/2023 at 12:53 PM, Bemore said: BRICS and the movement away from settling energy in dollars has been around for quite some time. Â Money still flocks into the Dollar through "Risk Off" periods (when the markets and overall sentiment go down) Demand was massive when the bear market started in Jan 2022. Â There are expectations from some of a "Soft Landing"(that the US won't go into a big recession) but personally I think this is wrong, which is why I think we will see demand fo the dollar increase again in the medium term. Â Macrowise, I think there is still a lot of demand for the dollar and any "Weakening" like what is being inferred here is decades away. Â Personally I think there will be a soft landing. Once a few more banks fail because of the interest rate hikes the fed will most likely pivot, and will stimulate the economy by lowering rates. Â Typically during a recession they reduce rates by 5%. So I expect rates short term to go back close to zero or at least to fed target of 2%. Â This will cause massive inflation and then they will have no choice but to raise rates again or to stimulate with money printing at some point. Â The further the can gets kicked down the road the bigger and less controllable the crash. Â But I am expecting mini recession this year, an insane asset appreciation next year or two due to fed pivot then the real big crash sometime 26ish in time for the digital currency roll out. Â Just my 2 cents Quote Link to comment Share on other sites More sharing options...
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