The move to DXY 66 starts now and it will be completed by the Spring Solstice. The dollar is struggling mightily trying to keep oil prices suppressed, and the dollar will lose that battle. The dollar is also fighting to keep gold and silver down. It will lose that battle as well.
The dollar is dead in the water, but what should have been expected by such a fiat. There will be no replacement fiat either, they are all equally done for. The pound, the Yen, the Yuan, these are merely different words for the same thing- fiat. Fiat is the joke of the 21st century already, and there is still 90 more winters to go.
You certainly have a way with words, Mr. Lennon... Well said. :)
ReplyDeleteThank you.
ReplyDelete:)