For just about a month now the US dollar has been in an upward trajectory however, I believe a short term top for the dollar may be in.
The recent dollar strength has been driven on speculation that the Federal Reserve is going to begin some kind of monetary tightening cycle, however I personally and sincerely doubt this is going to happen in any meaningful way.
What this means is the recent dollar strength will soon drop off.
The Federal Reserve continues to make it very clear that despite month after month after month of missing their inflation targets, they are still determined to hit them-so the logical conclusion is the recent dollar strength will give way to weakness.
So how do we play this?
Simple.
Continue to bet against the dollar by holding dollar alternatives like gold, silver, and yes cryptocurrency’s.
Gregory Mannarino
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After once understanding the lack of value in the dollar, it is unthinkable to reverse course!
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You mentioned the "lack of value in the dollar"...
I figure the Purchasing Power of the Dollar, currently
stands at ONE CENT... Time for a U.S. Coinage Reset...
@pocketechange
... ...$7.77 ... ...1 vote ... ... .... Reset
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Thank you for info
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You are welcome.
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nice information. it's useful
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I appreciate you saying that.
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That's more like it. Hit the FED with true money alternatives!
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Buy gold coins from reputable dealers
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yup
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Thanx for the update!!!
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Gotta stick with the longer trend ~ in this case (unfortunately for US Americans) DOWN!
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This post has been ranked within the top 80 most undervalued posts in the second half of Oct 04. We estimate that this post is undervalued by $21.28 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Oct 04 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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yeah but soon could be not before it makes another uptrend.
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