It's Incredible. The US Dollar Is Dropping AGAIN! By Gregory Mannarino
In what seems, and is, and unrelenting move, the US dollar is down yet again. Meanwhile despite the dollars drop, not a peep about it is being heard from the mainstream financial channels.
The US dollar is without a doubt technically over sold however, there does not appear to be a bounce anywhere on the horizon and that is troubling.
In my opinion it is simply just a matter of time before the mainstream financial channels will have no choice but to stop ignoring the fact that the dollar is in a lot of trouble.
I also firmly believe that it is only a matter of time before the consumer feels the sting of the dollar bleeding off purchasing power-which will affect consumer spending, and GDP.
If you ever needed a reason to diversify out of the dollar, well now its in your face.
Gregory Mannarino @marketreport
Spot on Greg, as always. I would assume you are suggesting we diversify into hard assets like gold and/or silver. Are there any other things you would diversify into?
I'm totally on the same page with you Greg. I would be honored if you check my latest post out about gold! Here's my chart which perfectly shows that gold is very close to break out and I believe another dip, although unlikely yet possible, will only be another last great buying opportunity!
Great job dude. Your chart is spot-on. Upvoted and will resteem...
Gold does seem to be breakingout through that top Orange Downtrend Line. We will see.
Well-done Markus! :)
"Somehow" I don't think you will convince Greg to actually post a trade in either SLV or GLD long. And I don't blame him. For teh "ave" card carrying gold or silver bug teh best strategy is just to simply say >>> "Gold and silver! the world's most undervalued assets!"...just don't act on it becuz if you do you will get your ass shredded :-)
Thank you Greg. I'm also looking forward to more crypto content!!! :p
You summed it up perfectly in your last sentence. What's it going to take to make folks realize the dollar is a sinking ship and you must exchange your fiat for hard assets to retain your purchasing power.
we upvoted this too and as for Diversify Yes as much as you can in the long run any and all land silver gold etc, and well as for us we already feel the sting because we do live pay check to pay check but we know that and plan a head and because of you Greg, and you Advice, we know and agree
Very well said Greg you are spot on Dollar's down stream continues and now the dollar is standing on its 15 months low.
yes sir u r 100% right like always good work on steemit
Good information yes you are correct it is all just matter of time hoping to see more of your helpful info on steemit more power!!!
yes sir u r fully say true and i agree with u fully whats ur next opinion @marketreport sir
You are absolutely right Greg, it's only a matter of time. It's like hyper inflation in slow-mo, sort of bizarre to be watching this happening.