YOU ARE BEING ROBBED BLIND! Get Out Of The Dollar. By Gregory Mannarino

in money •  5 months ago

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The fact of the matter is most people are disconnected from reality, and they have no idea what is going on right under their noses.

Below is a chart of the US dollar ticker UUP dollar bullish ETF, and unless you are truly blind you can see the current trajectory of the dollar which is not going to stop.

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It is very simple, President Trump wants the stock market higher and how will he achieve this? By making sure the dollar continues to bleed off purchasing power. Moreover, we have a runaway central bank which has printed, or added to a digital screen trillions of dollars which at one time is going to start chasing the same amount of goods. And what does this mean? Massive inflation.

The rise of cryptocurrency should be of no surprise to anyone who has even the slightest clue. The rise in cryptocurrency is reflective of a dollar which is in a lot of trouble.

Understand, every single day that the dollar loses purchasing power you in reality are getting poorer, and the only way to help yourself in this environment to diversify away from the dollar.

If you continue to leave yourself stuck in the dollar, understand you are holding an "asset" which has nowhere to go but lower moving forward as world central banks continue to kill their respective currencies by printing it out of thin air...

Global debt is going to get much worse, deficits are going to get much worse, and how will world central banks and their respective governments attempt to fix this?

By flooding the world with even more central bank notes...

Gregory Mannarino. "The Robin Hood Of Wall Street."

Visit my website where you will find EVERYTHING you need to beat these markets.
Click here: https://www.traderschoice.net/

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I just sold my Ether to Euro. I think Ether is very high and I wait for a pullback. Steem could be soon a very good buy. I wait a couple of days. Maybe Steem comes down around 4$ then I will buy. Upvoted and resteemed.

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of course eur will rise against usd but long term holding fiats is suicide. Thing is I am long on eurusd from april 2017 with broker leverage. Made some money, but I would make much more buyin cryptos without leverage...EURUSD 1,1750 is very strong suport if u are above that level u r absolutely fine i think

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@mastermindtrades...thanks for this advice. I stay in cryptos which I know better then EURUSD.

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@mafsteem @mastermindtrades what is EURUSD ? I heard for the first time

good information

I don't have any Dollars and I don't want any. I own Euros and I don't want those either. I convert as many of these 'assets' as I can to cryptos, precious metals and some stocks.

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Your speech is very strong.I just reply you.I have so much like this comment.it is truth that i totally agree with you

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Rule #1 of crypto-club. You don't talk about crypto-club.

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assets LOL. A piece of paper backed by nothing is not an asset :)

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At this moment we are living in worldwide inflation time and the best currencies to invest are EUR, AUD, CAD, NZD for now. In the future when inflation will fall (and stocks too), then there will be good time to buy JPY, CHF and USD.

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fiat currencies lose value. that is just waht they do. am i wrong?

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The ECB is printing Euros each month in the billions.....worthless one day

resteem your post...

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upvote resstemit

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resteemed

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I'm really shocked they managed to push this market up to this level. Have you noticed that S&P RSI > 80. QQQ RSI > 78. DOW JONES RSI > 80.

This market is so overbought and yet they don't allow it to even have 2% correction!

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Amazing work by the plunge protection team.

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Upvote and resteem

thanx sir for share this new news on market @resteem

upvote resstemit

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Restemeed sir !

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#upvoted and $restemed.........//////

Great post resteeme done

@resteemited +upvote + Following. @marketreport

resteem your post sir

RESTEEMED!

Resteem done sir and upvote also.

Helpful post resteemit done

never leave your money in the bank

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Agreed, but what's the best way to deploy it in this market? Bitcoin overbought or just getting started? Dow to 30k this month or 20K (in which case I'd want to be in cash), precious metals, peer to peer, or all of the above? I have way too much cash but need to know how to get it moving in such a red hot market.

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Renting out rooms to single people is a good money maker.

Thank You, Gregory, Upvoted and Resteemed. BYOCB. See you this afternoon.

Are we counting on Donald Duck money?

upvoted!

your market reports and news are wonderfull work for me and help me always @resteemd

your work is good sir to give us daily new newses @resteem

thanx you sir for share this update
@resteemd

I have mentioned elsewhere on here, it's not the value of the oil, milk, dope, sex or bitcoin going up, it's the Dollar going down!

upvoted and resstem

I keep finding myself thinking "I just don't want it to be sitting in dollars because it's always worth less." Meanwhile so many of the cryptos have been making steady gains. Even when you take into account the crazy volatility of the market, take almost any coin and look at the history on coinmarketcap.com For most coins, the price of 1 year ago will astound you.

upvoted and resstem

Normalcy bias will stop too many people taking heed.
Thanks Greg upped and resteemed

upvoted and resstem

Good advice. Diversify out of the dollar.

Thanks for a great post I always wait for your post and hope you always the best

Definitely resteemed this one. I have been talking about the coming dollar death for a very long time. & It’s been inevitable for a very long time. The crazy thing is even my most educated friends think it’s a decade away. I say look at the petro trade for gold that started in 2017.... look at cryptos.... look at the unsustainable debt levels. Look at the business cycle & fake recovery from the housing crisis. Very few people in this country understand the dollar discount & how different life can get in a hurry with real economic change

Greg, thank you for all that you do and for all the info we did upvote and resteem for all to see

What currencies are strong in your opinion? If you had to go long against the Dollar which currencies would you bet on. Thanks for all your content.

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I like steem and gold although March is generally bad for gold.

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Paper gold isn't gold, large traders have had their requests to withdraw physical pm denied in the past. Gold ETFs are not gold. Gold is as good as what you have your literal, physical hands on.

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You can buy physical or miners.

upvoted and resstem

Upvote

upvoted and resstem

Very good post. I read your post. Give you a vote and resteem your post.

Whats the safest bet against inflation though? I'm not going 100% in on stocks because I think that 2008 type crash is imminent. I already got cryptos too. Bonds? Precious metals?

Rcently,I read your post .Here i am learn many things .Thanks to share it with us. I am just give you a vote and resteem your post@marketrepot.

I agree most people have no clue of what's coming.

Helpful post resteemit done...

Do you think any of the cryptos are a place to park cash?

The dollar is moving lower but it's still elevated and metals are still ridiculously low. I think we need to see a break from the ranges to know things are on the move.

pls fleece us fed :-)

resteemed and upvoted done

boss @marketreport

upvoted and resteem

This is good one .It has also good information about crypto.
Thaks for this blog
resteem done
Thank you sir

Get some hard assets while they are still cheap!

resteemed and upvoted complete

resteem your post..

Reestemed and upvote

upvote resteemit

Resteemed and upvote

upvote and reteemed sir

upvoted and resteem sir @marketreport

I have upvote and resteem ,,, help me make upvote and resteem my blog frend

resteemed and upvoted finish

Thank you sir for sharing today & update. #resteem & upvoted done.

upvoted + resteemmed thanks for the information

yes Mr. Robin hood

i alwasy like your work for all your followers and also this is @resteemd

i cannot but resteem this post...resteemed and upvoted

Central banks are robbing ordinary people of their hard earned money.
Thanks for pointing that out Gregory.
Upvoted and resteemed.

market report sir thanx share this update @resteemd

Very informative post.i have a lot of learn trading.thanks for sharing.

upvoted and resteem...done

sir @marketreport...your post is great..........resteemed and upvoted

Important information Thank you for sharing with us

Thank you for this important information for 2018 I know

nice information,i like your post
upvote and re steemied

the analyzes are really great. tahnks. upvote and reteem.

Thanks Greg. I listened and stacked.
resteemed.

i love cryptocurrency..bitcoin is most valuable cryptocurrency in the world..i always earn to bitcoin....thnx friend for share this post

I've been getting everything I need to live on should we have a disaster. Gotta have some cash, but we should all get prepared for something BIG! Upvoted and Resteemed...

upvote and resteem done

GOLD, SILVER, FINE ART, REAL-ESTATE, and now it would seem CRYPTOCURRENCY

OMG! This is SUCH an AMAZING post! Thank you for sharing! I give you a vote !!

restemeet !

Daylight robbery in progress!

Thank you very much my dear sir for sharing today update. have a nice day.

resteem sir

great to see your post.
your post is too important for us

Ressteemed

resteemed and upvoed

good information great post thanks for sharing upvoted and resteemed

Just aweosme content.

It always depends what you compare the dollar too. It is still fairly strong against the Euro, just check two years ago.
But lots of countries are looking for alternatives now and might prefer Euro, Wong or even Cryptocurrency like Venezuela.
Therefor you might be completely right!!

i think nowadays every cryptocurrency sucks

Upvoted and re-Steemed.