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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Greg, can this turn around and what would that take? It looks like a downward spiral. Is there any hope for the dollar?
I think the Federal Reserve System will want to still be the big dog and keep the dollar as its top dog. So, what needs to occur to change the tides?
There's no hope for the dollar. The Federal Reserve covers the deficit by creating a trillion new dollars every year. Countries that hold dollars to buy oil don't need as many as the oil price drops. Many countries are looking for alternatives to the dollar. Jim Willie predicts that China will begin buying oil from Saudi Arabia using Chinese yuan in the next couple of months.
The New (Debt Free) Dollar will be 100 Times Stronger than the Current Paper and Digital Dollars...
And you're going to be shocked when you see the Purchasing Power of Physical PC, shoot to the Moon...
@pocketechange
I have a pretty good feeling you've already read my posts...
My PC Theory will solve all our problems... Trust me...
@pocketechange
Yes, I am PC Theory aware. The rumor / conspiracy theory is that Trump will sign a new dollar policy on 1/1/2018. We'll see. I'll keep pocket change until after start of next year - no more taking it in to bank until later.
Way to go... I was starting to feel like my words were being discarded...
You just gave me extra confidence in what I've been saying...
Thank you...
@pocketechange
The point is that there is no downside to holding pocket change. It's a pain in the but to exchange anyways. So, if you are right, it's a Win - Win - Win - Didn't waste time hauling to bank, increased value, increase wealth. If you are wrong, there's no loss.
Also, I diversify on a number of avenues, keeping all routes to wealth open. God - check! Career - check! Silver - check! Gold - check! Stocks - check ! Cryptos - check! Pocket Change - check! Property/Real Estate - check! Survival Skills - check! Cover ALL the bases - check!
I love seeing people cover all the bases...
I'm pretty much doing the same...
Thanks for commenting again...
@pocketechange
You will do well by "default" as pocket change is in reality dollars...and teh dollar will be one of the world's two safe havens. "Expect" an appreciation in the dollar of at least 25% over the next 12 months...taking your pocket change along for the ride.
Three questions Joe -
U.S. treasury debt. But there is still time for that. You will see the bank stocks rally one more time as "market driven" interest rates rise. You can simply track ticker FAZ. When it makes a new 52 week low then U.S. treasuries will at least be gettig close to a long term buy and hold. Not even sure the dollah will be a long term buy and hold here...but I am targetig 24.75+ for UUP. So putting your dollar into dollars over the next month or so will generate a 5%+ gain....waaay better than the bank. Look for my bottom call at my blog on UUP. In the end one of the banks will be the catlist for the market crash...and it'll probly be a bank out of the Eurozone before a U.S. bank. DB is a great candidate.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=db&x=61&y=13&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Thanks for the response. I'll keep an eye on FAZ and DB.
If China is really trying to replace the petro-dollar, this may mean a quicker move to hyper-inflation. Color me gone!
Forget Hyper-Inflation... I'm the only one posting my PC Theory... I quit writing new Posts on the Topic because I figure they'll be here on Steemit, for a long time to come... I may end up with Millions of Views before all is said and done... Anyway, If my Theory is correct,
President Trump truly will, "Make America Great Again"...
@pocketechange
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
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.
What would happen to the dollar if the US goes to war with Korea? I think it is not going to happen based on China not wanting it to happen.
Jeeez...you STILL spewing about war with N. Korea? There will be no war with N.Korea. I already gar-own-teed it!
https://steemit.com/lmt/@joejustjoe/8-14-17-dennis-rodman-couldn-t-get-it-done-so-i-will-personally-take-care-of-the-industrial-military-complex-via-lockheed-martin
right now it is at 92.212 ... 52 week low is 91.621 ... we shall see what happens with the debt ceiling vote ... upvoted and resteemed
Yeah but the game's on. I can't watch football under these conditions.
Yes Greg, America is sinking into limitless poverty and turmoil. But don't you think it's great that we added 100 jobs last month?
When Trump signs the Emergency Executive Order for the Reset and Transfer of Wealth, you're going to see America Prosper like you've never seen it do before... As per my PC Theory, President Trump will indeed "Make America Great Again"...
@pocketechange
... $7.77 ... ... 1 Vote ... ... Reply