Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (66468)	1/7/2022 12:54:20 PM
From: Real Man	1 Recommendation Recommended By ggersh Read Replies (1) \| Respond to of 71408

To start the price discovery, those who pyramid their winnings betting against it need to be bankrupted, without a taxpayer bailout. We kinda got the opposite in 2009, so gold had a dip after 2011. A stock market crash should do it. Hopefully Fed’s hands are tied by inflation, but you can never tell for sure. The bank liquidity provider. When traders lose they get liquidate. When Wall Street loses they get access to infinite cash to turn the price of their bets around and win. Thus 0 losing days for GS. Thus gold never goes up. They are worse than parasites.

To: ggersh who wrote (66468)	1/7/2022 4:01:23 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 71408

zerohedge.com DALIO: Changes in reserve currency status are evolutionary. It's almost like speaking a language. You know, if everybody if the world language is English, most everyone will learn English and then it evolves over a period of time, but it also has supply demand issues. I think it's an evolutionary type of change. I think the United States is testing the limits because when there's a production of a lot of debt that is money, it's promised to receive money that is then has to be sold and the world right now is overweighted, has a lot of US dollar denominated debt, therefore promises to receive dollars. And as and it's going to receive a lot more because there'll be large deficits, lots of bonds that have to be sold. And as a result of that, the world is also underweighted in China and assets. It's diversifying more, not China today is the largest trading country in the world, and also large, larger than the United States in terms of the important capital flows for lending and, and such. And so, there is an evolution in favor of China having a larger share of the reserve currency status. I think that is our greatest strength right now, the reserve currency status, because it's that which allows us to print money and print the world's currency. Wow, that's a great power and, and to have it accepted. It is being taken for granted and it's being challenged. Should the United States lose that because of the supply demand issue that I'm referring to. That would be very bad. I think what you're seeing right now, is that all currencies are going down in value relative to goods and services because I think we're in a situation where all countries are producing more debt and money and not so much relative to each other and that's having the effects on the markets and the economies that we're seeing. EISEN: So how do you diversify away if all the major currencies are devaluing themselves, even if we get little blips like a 6% rise in the dollar last year? How ultimately do you see it playing out?