The US Dollar Is Down Again, Global Investors Want Out. By Gregory Mannarino
Today, in what seems like a bad joke being played on the oblivious public, the US dollar is down yet again bleeding off even more purchasing power. Investors and governments around the world who typically horde dollars, are now dumping them, seeking alternatives to this once safe haven asset.
I personally do not believe there is another analyst out here who has been covering the action with regard to the US dollar as closely, and more accurately then I have over the past many months. With that said, beyond any shadow of any doubt it is certainly time for you, if you have not already, to seek alternatives to the dollar to help preserve and even grow your wealth.
Every day that you decide to continue to hold and horde dollars, you literally become poorer as the dollar becomes weaker and loses purchasing power.
Gregory Mannarino @marketreport Website, TradersChoice. Click here: https://www.traderschoice.net/
How about getting your Dollars into Steem?
I guess you think Steem is so much
better than Physical Pocket Change...
So few have been paying attention...
@pocketechange
The steemit payouts is one of the major reasons why Greg turned to "huckstering" his worthless Ebooks and offered 1 on 1 tutoring to anyone who wants to find out how he consistantly posts losing trades. Greg can't make any money trading the markets. Even his best gains get wiped out becuz he enters the same trade he banked major losses on within the past 30 days...such as his recent Q's long trade. Now that he quit Utube he can't SIRIously rely soley on steemit payouts to pay the rent. Now that Greg crapped out of his dollar long trade, watch me pick it up from the smoking ruins...AND collapse Greg's "buy hard assets!" rants...all in one fell swoop. :-)
Wow... You put a lot of effort into your reply... By chance, did you lose money following Gregory on Steemit...??? On a brighter note... If you've been reading my Posts because you found me here on Gregory's Post, then you'll probably make it all back, a Hundred Fold... Have a nice day...
@pocketechange
Shyyyyyyt, do I sound like one of Greg's kittens? I'm a "1%er"...the one person out of 100 who shows up at Greg's steemit blog and doesn't kiss Greg's ass.
lol... Just be thankful you stumbled upon my posts...
@pocketechange
No doubt. When the "100 to 1" reverse split of the dollar comes I will buy 100 times more silver, gold, and everything else I want at prices that range from 50% lower than current levels to 90% below current levels. becuz that's what happens during a deflation. I will gather up my jingle and buy those walking liberrties I mentioned at 50% belowst current "perceived" values. So yes, I won't leave you behind in the smoking ruins eitehr...even tho you have "perhaps" a lot less steep of a fall then Greg's kittens do ...in their future. :-)
Silver is looking better everyday as an investment
yup
Wow... You got 24 Cents in upvotes for typing in the word "yup"... lol
@pocketechange
... $7.77 ... ... 1 Vote ... ... Reply
Wait until you see how much Silver you'll be able to buy with Pocket Change...
You and most of the people familiar with my posts will be kicking themselves...
@pocketechange
Ok... Looks like I've been barking up the wrong tree...
Sorry... I figured my Theory was actually, on the money...
@pocketechange
After a little more thought about the Dollar...
No matter how much it has been falling, it will
still buy you 100 Cents... What a deal we still have...
The Switch is about to be Flipped for the Reset & Transfer of Wealth...
@pocketechange
not too late to load up on silver..plan to hold abou t5-7 years...the dollar is going to....ZERO.
It isn't going to zero, have you seen the price of toilet paper lately. Even single ply stuff is getting expensive.
If my PC Theory is correct, instead of paying a Dollar
for a Can of Soup, it will only cost you a Penny...
@pocketechange
I love your comment about the dollar going to zero...
The dollar is only about one cent from zero now...
That is why we're ready for a Reset and Transfer of Wealth...
If followed, my PC Theory will be like Flipping a Switch...
@pocketechange
I already have open short position against Dollar, hoping it breaks 92 support, next one is around 85. Works or not, I believe this is still great play.
Upvoted and Resteemed, very nice information and report.
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Silver, let's see a jump here, or will they sell tons of paper.
Last rally in silver coming soon. The scenario looks like this >>> Greg craps out of his Q's short and watches as it trades thru the 146 area I gar-own-teed would get taken out. As this is happening the dollah via UUP is trading at 23.80. Greg comes on and spews more "look out beloooow!" rhetoric on the crashing dollar. SLV is trading at 17.40. Greg issues a "buy! buy! buy!" call on silver as it's up there at abouts 18.40...and he goes long the Q's. This "obviously" makes "long the dollar, short silver, short the Q's" the trades to go with. Now watch but don't listen as Greg has gone "silent" to the poor kittens who followed him into the Q's trade. Somebody said Greg thinking about a HD long too! YIKERS!!! Uh huh, Greg just figgerd out another hurricane is coming and WOW! ...a long in HD is the "obvious" way to play it. Too funny. Watching Greg trade is like watching a monkey fukk a football.
I would say that is a bit exaggerated. The DXY is at the same level it was in april 2016 before it moved up to 103.82.
So you see a dollar reversal coming?
I tend to see what no others are seeing
@pocketechange
... $7.77 ... ... 1 Vote ... ... Reply