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Message Subject
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IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
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Poster Handle
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Punk-A$$ets |
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Post Content
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The strong dollar is, to a great degree, a function of the US sanctions.
Europe is going to suffer a lot more which makes the dollar a safer bet.
Agree?
Quoting: Anonymous Coward 56865887 100%. Our brilliant leaders are destroying the world economies. The last thing the USA (and the world) needs is a strong dollar yet these boneheads are causing it. Actually, there seems to be a perfect storm of events causing it. Sanctions, neg interest rates in Europe, a fairly stable USA economy with the FED planning to start raising rates, etc. Random observations and possibilities. Chinese leverage increases with the increase in value of dollar holdings. Any international trade can still have the funds to be cleared in dollars without SWIFT. ? I would guess. The M1 and M2 velocity of money continues to plunge according to St Louis Fed. That seems like an odd result if the economy was robust. Record people not looking for work and other contradictory data. Dollar has soared and oil plunged since ISIS showed results. Coincident metals like copper signaled decline in silver. So many variables. How does it all tie in? Most excellent observations. Your first point really snuffs out any chance the dollar dies anytime soon (I myself am not a dollar doomer - not yet). Because the settlement is still denominated in dollars. This speaks volumes. Cant have an ocean wave without water. To me everything else just points to even more capital pouring into the USA & dollar. Lower energy costs help consumers too.
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