A Short Term Top For The Dollar? This How To Play it. By Gregory Mannarino

in #money7 years ago

Me new pic.jpg

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
me steem.png

FRIENDS, LIONS, TIGERS AND BEARS. TAKE ADVANTAGE OF THIS! 100% FREE eBook, Downloads, Chat Room, Commentary, ALL ON MY WEBSITE. Have a look! Click HERE: https://www.traderschoice.net/
This is a shelter which I personally support financially with monthly donations. Please adopt homeless pets. Gregory Mannarino https://animalfoundation.com/adopt/search/

Sort:  

After once understanding the lack of value in the dollar, it is unthinkable to reverse course!

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

Thank you for info

You are welcome.

nice information. it's useful

I appreciate you saying that.

That's more like it. Hit the FED with true money alternatives!

Buy gold coins from reputable dealers

Thanx for the update!!!

Gotta stick with the longer trend ~ in this case (unfortunately for US Americans) DOWN!

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.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

yeah but soon could be not before it makes another uptrend.

Coin Marketplace

STEEM 0.25
TRX 0.26
JST 0.042
BTC 96997.61
ETH 3712.85
USDT 1.00
SBD 3.79