LIVE! Be Ready... A BIG MOVE Is Coming For This Market. Something WILL BREAK. Mannarino
From Greg M
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Good job Greg. I'm in puts again thanks to you. Mostly in longer term positions. Some in August and December, but mostly in March. Plenty of time to sit back and watch the slot machine pay out. Everything is hitting the fan starting this month. Everything...
I don't think dollar dominance will suddenly disappear or disappear in 10 years. Unless US military lost a major battle to rising power-China, then dollar as global reserve status will suddenly crack down, a rapid decline of living standard and huge deflation will surge.
Globally many people still view US soil as the safest continent in the world- a country that has not been impacted by war, wealthy people buy properties, transfer their money to US as evidence.
In the process, Americans will gradually feel the pain of inflations but the worst is not surfing yet. Since many trade transitions still use US dollars and swift system.