US Dollar Dives As Debt Market Meltdown Worsens: Most Cryptos Rise. By Gregory Mannarino

in #money7 years ago

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Today the value of the US dollar plunged against other currencies as China, it is rumored, is about to back off from purchasing US debt.

What must be understood, is the US dollar is simply a unit of the debt. Therefore you can expect the dollars value to fall as the demand for US debt also falls.

At the time I am writing this article, most cryptocurrency‘s are higher on this news, and so are precious metals and crude oil.

If it is confirmed that China will indeed not be purchasing US debt, you can be sure that other countries will follow, and this is very US dollar negative.

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

Watch LIVE charts of cryptos, bonds, gold, silver, MORE for free, right on my website. Click here: https://www.traderschoice.net/

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Thank You, Gregory, Upvoted Resteemed. BYOCB. Precious Metals are not doing much.

Nice post sir carry on

reastam and upvote done

upvote and resteemed

resteem and upvote sir

Resteemed and upvote

Also upvoted and resteemed.

reastam and upvote done

Resteemit done😊😊😊😰😰

Nice post Mr Robin Hood

That's great to know resteem and upvote.

Reestemed and upvoted robin HOod

upvote my comment bro

yes sir he' s robin hood in the steem

Thank You, Gregory, Upvoted and Resteemed. BYOCB. Yes I've been watching

upvoted and resstem

upvoted and resstem

Excellent update news about Cryptocurrency and bitcoin trading system. Resteem and upvoted.

amazing post @resteemed

yes its true

More to come!

Upvote & resteem done nice post @marketreport

@resteemied + upvote + following, good job @marketreport

Hi! Gregory Mannarino, i'm here and I see your recent updates on

steemit..... thanks for share with us. @resteemed this

upvoted and resstem

well a good work daily @resteemd

sir your opinions are alwyas help us on market @resteemd

thank you mr @marketreport

Nice post. Resteem and upvoted.

Resteem your post

upvoted and resstem

upvoted and resstem

Excellent update news about Cryptocurrency Keep it up and Resteemied Done 😊

upvote and resteem.

your work is always good for your new updates @resteemd

Great update news about Cryptocurrency and bitcoin trading system. Resteem and upvoted.

Amazing post @marketreport

thanks

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Reestemed and upvoted

great information great post thanks for sharing great post upvoted and resteemed

Things are not looking good. Is it because Trump is threatening to do something in North Korea and China is threatening a retaliation by doing this?

The day you go on the confederacy of dunces is the first day I watch the confederacy of dunces 🤣

This news is big, dollar death spiraling along the outer edge of the bowl slowly picking up momentum

Extremely negative indeed! I wonder what the powers that be will do in retaliation to such a slap in their face? This could get interesting very quickly.

Resteem and upvote done:)

Resteem and upvote done sir:)

upvoted and resstem

upvoted and resstem

Amazing post@marketer

Thanks for the info.

resteem up vote done

thanks to you.and agree with you.thanks for sharing...

nice to share it with us like always sir i like your work always and always resteemd

A useful topic thank you
We always benefit from your many publications

good job sir for share this information @resteemd

thanx to share this update sir your redtions and opinions on market are alway perfect

Thanks for sharing...

Greg, or anyone really, since we are seeing the bond market sell off daily, would shorting the options on this be worth while, or would you never be able to sell them?

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