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

in #money7 years ago (edited)

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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.

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

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

@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.

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

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

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

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.

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

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

resteem your post...

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!

Amazing work by the plunge protection team.

Upvote and resteem

resteemed

thanx sir for share this new news on market @resteem

upvote resstemit

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

Great post resteeme done

@resteemited +upvote + Following. @marketreport

resteem your post sir

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