GM, A big part of the problem with the dollar is that we are supporting a Middle East Country which the greater part of the world order does not support their genocide on another nation. This country is going against United Nation doctrines. As the US law states if you supply weapons to an entity knowing they will commit murder you would be charged as a associate to murder alse. So the US is breaking their own laws. No wonder other countries do not want the Green Back Dollars.
And yet others state, the conduit emanating from USA is lies, lies and more lies. When a former Congressman on Redacted says that Osama Bin Laden was positioned in Iran when CIA stated it was Afghanistan, I believe him. We around the world are ALL BEING SET UP and under the influence of the Cohorts of Zionist Scoundrels. When someone shows whom and what they are, face it, and believe what they show they up to, and the playbook. Cry Wolf often enough, I ignore anyway. The only ones stirring the pot Via USA as the lackey and provoker is Israel. Kissinger says himself to be a friend of USA is fatal. Fatal betrayal.
I wonder if everyone was saying the sky is falling in the late 80's and 90's when the dollar was trading in the mid 80's? Granted we were not in 36 trillion dollars of debt.
While I agree the USD is heading for a loooong term down trend, and de-dollarization will be a major blow to the USD, we're still quite away (number-/level-wise) to a Chicken Little moment.
Also, don't forget that most of Europe (govt's, elites) is itching for a war with Russia and if they (EU) gets their way (ie, a war with Russia) chances are quite good there'll be a strong flow of funds from the EU to the US which in turn will push *up* the DXY.
What is the likely outcome to have Iran agree to dismantle their nuclear weapons program?
The likelihood of Iran agreeing to dismantle their nuclear weapons program is low. There are several factors that contribute to this assessment:
1.
National pride and sovereignty: Iran’s nuclear program is seen by many Iranians as a matter of national pride and technological achievement. Dismantling it could be perceived as giving in to Western demands, which may be politically unpalatable for the Iranian government.
2.
Security concerns: Iran is located in a volatile region and has several regional adversaries, including Israel and Saudi Arabia. Iranian leaders might view a nuclear weapons program as an essential deterrent against potential attacks or invasions.
3.
Economic sanctions: Iran has been subject to crippling economic sanctions due to its nuclear activities. However, these sanctions have not succeeded in forcing Iran to abandon its nuclear ambitions. Iranian leaders may calculate that the costs of dismantling their nuclear program outweigh the benefits of sanctions relief.
4.
International negotiations: Previous attempts at diplomacy, such as the 2015 Iran nuclear deal, have been undermined by various factors, including the US withdrawal from the agreement in 2018. This has likely increased Iranian skepticism about the value of engaging in future negotiations.
5.
Internal politics: Hardliners within Iran’s political establishment may oppose any concessions on the nuclear program, seeing it as a critical aspect of Iran’s national security and defiance against Western pressure.
In summary, while diplomacy and negotiations should always be pursued, the complex web of factors listed above suggests that achieving a complete dismantlement of Iran’s nuclear weapons program is unlikely in the near term.
What will be the impact upon the price of Gold?
The price of gold can be affected by various factors, one of which is geopolitical uncertainty. If Iran remains steadfast in its refusal to dismantle its nuclear weapons program, it could potentially increase tensions in the Middle East and add to global geopolitical uncertainties.
Here’s how it might impact the price of gold:
1.
Safe-haven demand: Investors often flock to gold during times of geopolitical uncertainty, as it’s considered a safe-haven asset. If tensions in the Middle East escalate due to Iran’s nuclear program, it could boost the demand for gold, potentially driving up its price.
2.
US dollar value: The US dollar and gold often have an inverse relationship. If the US gets involved in the tensions, it could potentially weaken the US dollar, making gold cheaper for other currency holders and possibly increase demand, pushing up the price.
3.
Inflation concerns: Escalating tensions might also lead to higher oil prices, which could feed into higher inflation. Gold is often used as a hedge against inflation. If inflation expectations rise, it could in turn lift gold prices.
4.
Risk aversion: Heightened geopolitical risks might lead to increased risk aversion among investors, leading to a shift away from riskier assets like stocks and into safer assets like gold.
However, these are speculative scenarios and the price of gold is influenced by a multitude of factors, including but not limited to, supply and demand dynamics, interest rates, currency movements, and more. Predicting the exact impact on gold prices would involve a deep analysis of all these factors.
Pardon my ignorance but is it possible that the dollar is being intentionally devalued to protect against further trade imbalances with the dropping Chinese yuan?
All part of the plan set in motion over a century ago. Cumulative inflation since the Fed was created in 1913 has increased 3,100% driving the value of the dollar down to being worth just 3 cents today. More than 2,700% of that was added since 1972, the year Nixon took the US completely off the gold standard and the dollar became pure fiat currency. Consider this response from AI regarding when it will become economically infeasible for the lower half of wage earners to support themselves.
<<<>>>
ChatGPT:
If real purchasing power continues to erode:
When the real value of the dollar drops below 1.5 cents (half of its current 3-cent value), and
If real wages for the lower half do not keep pace or fall further,
Then we could hit a crisis point as early as the 2030s.
This is not just theoretical—homelessness, credit dependency, and food insecurity are already rising for many, suggesting that for the most vulnerable, we may have already reached or are rapidly approaching that point.
Greg, I don't know where you get all these imaginairy levels. You like to do this: put levels on the S&P500, MMRI, on the 10y bond yield and the DXY. Like you suggest how far the market can go, before Armageddon brake lose. These levels are based on what? The DXY has been below 90 even 80 in the past. Even a broken clock is right twice a day
GM, A big part of the problem with the dollar is that we are supporting a Middle East Country which the greater part of the world order does not support their genocide on another nation. This country is going against United Nation doctrines. As the US law states if you supply weapons to an entity knowing they will commit murder you would be charged as a associate to murder alse. So the US is breaking their own laws. No wonder other countries do not want the Green Back Dollars.
Dude. Shut up. They are a democracy and the other side literally vows to blow them off the map.
And yet others state, the conduit emanating from USA is lies, lies and more lies. When a former Congressman on Redacted says that Osama Bin Laden was positioned in Iran when CIA stated it was Afghanistan, I believe him. We around the world are ALL BEING SET UP and under the influence of the Cohorts of Zionist Scoundrels. When someone shows whom and what they are, face it, and believe what they show they up to, and the playbook. Cry Wolf often enough, I ignore anyway. The only ones stirring the pot Via USA as the lackey and provoker is Israel. Kissinger says himself to be a friend of USA is fatal. Fatal betrayal.
Whatever. I really don't get your point. You seem over the place.
So far Trump seems pretty good at keeping us out of big unnecessary shit.
Greg's getting upset by us bombing a few camel jockey pirates that also attack our partner in keeping oil prices low... Saudi Arabia.
Hope y'all have lots of physical silver & gold!
Hair on fire hair on fire
Which is strange cause now he's wearing a hat.
Thanks. Hey everybody, I have a new rhyme.
“ when shit hits the fan what’s your plan”
Break out the flushable wipes?
Better than toilet paper i guess.
So market go 🚀 or 💣?
Probably sideways....
Thanks Greg!
The shitz in the air, let's see how/when it hits the fan.
I appreciate you and all of my fellow lions...true lions!
I wonder if everyone was saying the sky is falling in the late 80's and 90's when the dollar was trading in the mid 80's? Granted we were not in 36 trillion dollars of debt.
How about a year ago... DXY was at the same level 1 year ago...Nobody was crying
Hahaha Exactly! TDS seems to be a problem..
You are the BEST! Thank you for keeping a watch out for this!
DXY:
current: ~100
12/2017 & 9/2020: as low as 90
12:2007 & 3/2011: as low as 70-72
According to - https://www.cnbc.com/quotes/.DXY?qsearchterm=dxy - DXY has spent more time *below* 100 than it has spent above 100
While I agree the USD is heading for a loooong term down trend, and de-dollarization will be a major blow to the USD, we're still quite away (number-/level-wise) to a Chicken Little moment.
Also, don't forget that most of Europe (govt's, elites) is itching for a war with Russia and if they (EU) gets their way (ie, a war with Russia) chances are quite good there'll be a strong flow of funds from the EU to the US which in turn will push *up* the DXY.
Question given to GAB AI:
What is the likely outcome to have Iran agree to dismantle their nuclear weapons program?
The likelihood of Iran agreeing to dismantle their nuclear weapons program is low. There are several factors that contribute to this assessment:
1.
National pride and sovereignty: Iran’s nuclear program is seen by many Iranians as a matter of national pride and technological achievement. Dismantling it could be perceived as giving in to Western demands, which may be politically unpalatable for the Iranian government.
2.
Security concerns: Iran is located in a volatile region and has several regional adversaries, including Israel and Saudi Arabia. Iranian leaders might view a nuclear weapons program as an essential deterrent against potential attacks or invasions.
3.
Economic sanctions: Iran has been subject to crippling economic sanctions due to its nuclear activities. However, these sanctions have not succeeded in forcing Iran to abandon its nuclear ambitions. Iranian leaders may calculate that the costs of dismantling their nuclear program outweigh the benefits of sanctions relief.
4.
International negotiations: Previous attempts at diplomacy, such as the 2015 Iran nuclear deal, have been undermined by various factors, including the US withdrawal from the agreement in 2018. This has likely increased Iranian skepticism about the value of engaging in future negotiations.
5.
Internal politics: Hardliners within Iran’s political establishment may oppose any concessions on the nuclear program, seeing it as a critical aspect of Iran’s national security and defiance against Western pressure.
In summary, while diplomacy and negotiations should always be pursued, the complex web of factors listed above suggests that achieving a complete dismantlement of Iran’s nuclear weapons program is unlikely in the near term.
What will be the impact upon the price of Gold?
The price of gold can be affected by various factors, one of which is geopolitical uncertainty. If Iran remains steadfast in its refusal to dismantle its nuclear weapons program, it could potentially increase tensions in the Middle East and add to global geopolitical uncertainties.
Here’s how it might impact the price of gold:
1.
Safe-haven demand: Investors often flock to gold during times of geopolitical uncertainty, as it’s considered a safe-haven asset. If tensions in the Middle East escalate due to Iran’s nuclear program, it could boost the demand for gold, potentially driving up its price.
2.
US dollar value: The US dollar and gold often have an inverse relationship. If the US gets involved in the tensions, it could potentially weaken the US dollar, making gold cheaper for other currency holders and possibly increase demand, pushing up the price.
3.
Inflation concerns: Escalating tensions might also lead to higher oil prices, which could feed into higher inflation. Gold is often used as a hedge against inflation. If inflation expectations rise, it could in turn lift gold prices.
4.
Risk aversion: Heightened geopolitical risks might lead to increased risk aversion among investors, leading to a shift away from riskier assets like stocks and into safer assets like gold.
However, these are speculative scenarios and the price of gold is influenced by a multitude of factors, including but not limited to, supply and demand dynamics, interest rates, currency movements, and more. Predicting the exact impact on gold prices would involve a deep analysis of all these factors.
Pardon my ignorance but is it possible that the dollar is being intentionally devalued to protect against further trade imbalances with the dropping Chinese yuan?
All part of the plan set in motion over a century ago. Cumulative inflation since the Fed was created in 1913 has increased 3,100% driving the value of the dollar down to being worth just 3 cents today. More than 2,700% of that was added since 1972, the year Nixon took the US completely off the gold standard and the dollar became pure fiat currency. Consider this response from AI regarding when it will become economically infeasible for the lower half of wage earners to support themselves.
<<<>>>
ChatGPT:
If real purchasing power continues to erode:
When the real value of the dollar drops below 1.5 cents (half of its current 3-cent value), and
If real wages for the lower half do not keep pace or fall further,
Then we could hit a crisis point as early as the 2030s.
This is not just theoretical—homelessness, credit dependency, and food insecurity are already rising for many, suggesting that for the most vulnerable, we may have already reached or are rapidly approaching that point.
<<<>>>
WHO CARES !!!!!!!!!! I WILL BE GLAD WHEN THE DOLLAR IS FINISHED & A GOLD BACKED SYSTEM IS INTRODUCED ------PAPER MONEY HAS NO REAL VALUE
Greg, I don't know where you get all these imaginairy levels. You like to do this: put levels on the S&P500, MMRI, on the 10y bond yield and the DXY. Like you suggest how far the market can go, before Armageddon brake lose. These levels are based on what? The DXY has been below 90 even 80 in the past. Even a broken clock is right twice a day
Buy a wheelbarrow, you’ll need it!
For gold or shite?😁
China devalued last night, and the US Dollar is bumping off the REV Limiter to the down side??? Pun intended Motorhead..... ;)