The US Dollar Collapse Is Imminent – Do This on Monday!

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I feel like i have been hearing about imminent catastrophe for 3 years straight now.

sunso
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Unemployment is 20% in Sweden. I am SO ready for this global recession, BRING IT ON!

swedish_sadhguru
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I gotta get to the liquor store while I still can.

midassnap
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I'm pretty sure collapsing the dollar is the goal. Once it is out of the way, then comes all digital currency.

ReverberatingWisdom
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First check the comments then listen to steve

PATRIOT-Canada
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“GET OUT 🐈‍⬛ Come on Steve, give us a 2 second meow!

malmakos
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Putting my money in Whiskey and Tequila.

markgotschall
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When my parents immigrated here from Switzerland in 1970 it took 4.30 Sfr to buy 1 US dollar. Today, 0.86 Sfr buys a dollar. Pathetic

renscience
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Mr. “Gold Is Going Nowhere” (3 weeks ago) now is crowing about how he “nailed it.” LOL. You funny Mr Junah.

Icriedtoday
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And to think I was gonna go to work today! Thankfully I listen to this first. Headed to hardware store for bunker supplies.

pnice
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What?? Dollar collapse? Hmm, Steven, you forgot the theory. If economy is going to collapse, dollar is going to rally. That's the bases of economics, in a recession people hoard cash, they get rid of the assets and cash becomes highly valued, in our global economy cash = US dollar (global reserve currency). You have to play it correctly, if you are going to short the assets (Stocks, Futures), then you have to long the dollar. If you sell the dollar and sell assets it is like pushing both pedals of a bicycle at the same time, it won't move, meaning you will end up make profits in stock short positions and pay your losses in US dollar short positions.

absolute___zero
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The single most bullish indicator for the price of gold is dollar weakness, but if the weakness projected becomes more than just a passinbg phenomenon, the "panic trade" could easily set in, pushing up the prices of all precious metals. The stage seems to be set for that to happen.

delmonicofarquhar
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I have been saying the US dollar will fail for the last 20 years!
The biggest problem is there is no alternative to the US dollar, until the the Bricks currency moves further along, we are stuck with the US dollar as the world's reserve currency.

sheilaschepp
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I'm noticing the DXY falling fast. I am starting to think that being long real estate of all types may not be problem for the banks. If the Dollar keeps weakening the mark to market for the real estate held by banks will start increasing in value. Better to hold property than crashing currency. That is what happens in high inflation times. Just went to the grocery store and prices spiked again. The US government needs to stop spending. We are at the end.

radicallycenterist
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Did you know people are traded on the stock market as corporations

robertbarnicle
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Short for weeks and weeks, now long lmaooo

jellebrinkhuis
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If investors are assuming the dollar will just all of a sudden drop, I think they might be mistaken. not a smart move to short a currency during credit crunches.

voiceofreasonjnp
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What goes up must come down. V shape recoveries are always followed by crash. Just better velocity in place to clean pipes.

SaveManWoman
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I purchased Gold and Silver for the just in case. Other than higher prices I don't see any problems.

oneof
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Dollar will not crash with markets so high. Think about it

darrylzeh