ALERT: The US Dollar Is Now Being Dumped By Investors. By Gregory Mannarino
Is this the beginning of the end for the US Dollar? It might be..
Watch the video below.
Gregory Mannarino
Is this the beginning of the end for the US Dollar? It might be..
Watch the video below.
Gregory Mannarino
Thanks for the great info Greg. Been following you for a while now on Youtube. And with, the ad-apocalypse and shadow banning on there; I've been looking for solutions to give the power back to the community. Especially for the content creators like you and others I know. I've attached at few charts on the US Dollar Index and money velocity.
Short term USD Index in 1 hour ticks - investing.com
Longer term 2 year view in 1 week ticks - investing.com
You can see how the end last year and early this year sell offs correlate in the chart.
Fred Quarterly Money Velocity
https://fred.stlouisfed.org/graph/?id=M2V,M1V,MZMV,
If anyone knows where to get money velocity more frequently than quarterly or has suggestions on how to improve my posts feel free to let me know. (Also I'm a computer programmer so feature ideas for my posts or this Steem platform are welcome)
It's funny how Gregory says the dollar is being dumped and it's going into everything "except" he's not saying Pocket Change... I've been telling everyone and their brothers to get their hands on some Pocket Change...
We will need a Medium of Exchange once the Dollar crashes... I think Pocket Change will fit that need... Think Pocket Change...
And it would be great if you took a few minutes to read some of my Blogs...
Interesting so your talking about the collectible value??? Maybe, I should do a post on the strengths and weaknesses of bitcoin that I've found so far. I take a lot of measures to secure my bitcoins. You still got to consider both good and bad aspects of anything though. Always good to have multiple ways of hedging against governments printing lots of money.
No, I'm not talking about the collectible value... I just posted a new blog called "What's my Story"... It should you tell you everything you need to know about my Pocket Change Theory...
After your reply the other day I went to the bank and got a few rolls of $1 coins and $.50 just in case:)
I think having a few rolls of dollar and half dollar coins will be well worth it... If nothing else, you will have money outside the Banking System when all Hell breaks loose... Thanks for your input... Pocket Change...
Maybe....
I do have some rolls of silver dimes but never thought of the other stuff being of much value. If things get so bad that we have to resort to pocket change I'd rather have guns, ammo, and food...... If things aren't so bad then it might be best to stack gold and silver straight up.
As per my theory, pocket change will increase in value by 100 fold... In other words a common penny will have the buying power of one of our current one dollar bills...
I don't see it... I think precious metals will fair better in that situation. I'll check out your blog to see the details on what your talking about. Maybe i'm missing something.
I agree...very strange that the environment we have today and the dollar is going down. The USD is going to have a difficult time moving back up if there is going to be a large sell off...especially if crypto's and gold/silver start to catch major bids. I think stage one is the crypto's signaling a problem, then gold/silver signaling that the manipulation is coming to an end, then the flight out of stocks/bonds into the sideline, but more likely crypto's/silver. It will come in waves I believe, and we might be beginning the initial wave...hard to see...
I often wonder if there were an event that would cause investors to cash in their contracts at Comex if they could cover their end? i have read in the past that the ratio of contract to metal is something like 300 to one. so if you are buying a contract you might end up with nothing in that instance.
Comex is so manipulated it's not even funny...But, there will be some sort of event that will cause them to get upside down even more than they can handle and I think they will freeze Comex contracts...now that will cause a few things to change really quick! It will be a site to see, but I don't think that is too far off...just look at how stupid everyone is being with the market...how they think it won't go down...ITS COMING and 99% of people will be blindsided by it. Thoughts??
methinks the comex will die the same day hong kong metal xchange opens
What's sad is that I've shared these info to my family and friends. Most of them look at me like I've lost my mind.
All fiat currency eventually has to revert to its intrinsic value of zero. Always has, always will eventually. Fundamentals are off the table due to the level of manipulation, so it's hard to say exactly when it's going to happen, we just know that it will, and many tell-tale signs are popping up everywhere lately.
Interesting that 1024 AD was the first example of fiat currency being used, in China. It's taken nearly 1000 years and we still haven't learned. Let's cross our fingers! The sooner it comes crashing down, the sooner we can rebuild as individuals instead of central planning maniacs. The further it's pushed off, the harder it's going to come crashing down.
Until then, the debt pyramid continues...
Great work Greg!
Sure "they" have learned ... how to pull off a FIAT system from not being exposed.
But it has reached the end now finally.
Best trade in the world: sell US dollars for Gold and Silver!
Agree.... sell any fiat for Au and Ag
Its time for king dollar to step aside and let king silver take over. We have waited long enough. Silver and crypto are my future. Its getting harder for them to manipulate. Our time is coming. Thanks for the video Greg. resteemed
Let's hope so, and let's hope that everyone is prepared for it if it is finally time. You can TRACK THE VELOCITY OF MONEY here.
https://fred.stlouisfed.org/series/M1V
https://fred.stlouisfed.org/series/M2V
https://fred.stlouisfed.org/series/MZMV
https://fred.stlouisfed.org/series/A14187USA163NNBR
YAY! Bout time!!!! Yeah, I got a lot of debt since I was born...criminals...Also Greg whats your thoughts on the late X22spotlight report interview "The Secret Society That Controls The Precious Metal Market:Charles Savoie"
Any thoughts about silver confiscation?
Nobody can confiscate bitcoin or steemit
People will no longer give in to antics like silver or gold confiscation any more than they will give in to having their children drafted. Not without one hell of a fight anyway.
Re-Steemed Greg. Thanks for your work.
Step aside guys! BIG MONEY is coming in! Silver-Crypto-Gold!!! GO GO GO!!!
Thanks Greg just bought 1000o/z silver coins before they start to fly also thanks for your advice joined steemit today. God Bless