Everyone is positioned for a dollar to fall. Remember when things get ugly and uncertain, where does everyone hide? No, its not bitcoin and its not GOLD or Silver. Could it be different this time? Maybe ... but I am not giving up on the King of Kings yet.
Just have this on your radar and remember that in March of this year everyone ran to Uncle Sam to cover their ass. All of the assets are denominated in $, bailout is in $, stimulus is in $. Dont discredit it as a Zimbabwe currency just yet. I dont think the Empire is going to lose reserve status that easily. The whole world receives $ for the goods they sell to US. In reality, nobody wants $ to dump. Everyone needs it (except the naysayers China and Russia)
Just have this on your radar and remember that in March of this year everyone ran to Uncle Sam to cover their ass. All of the assets are denominated in $, bailout is in $, stimulus is in $. Dont discredit it as a Zimbabwe currency just yet. I dont think the Empire is going to lose reserve status that easily. The whole world receives $ for the goods they sell to US. In reality, nobody wants $ to dump. Everyone needs it (except the naysayers China and Russia)
