The US Dollar is the global reserve currency. That is not changing anytime soon despite what most Gold bugs and Bitcoin shills would have you believe. The global economic situation continues to worsen. Unemployment is on the rise. Businesses are shutting down. People are losing their jobs. All the optimism in the stock market that we see at the moment is misplaced. As I have mentioned before, this is just a ploy to sucker in retailers while the big guys cash out. As things continue to worsen, we would see more and more investors cash out and the demand for the US Dollar will continue to rise and therefore the Dollar Currency Index would rally at least for the remainder of this year. Barring a swift economic recovery in the stock market after a sharp imminent correction, I expect DXY to rally for the next couple of years.
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Thank you for this analysis. Please talk to us one day as the World Monetary Fund has announced a meeting next January on the Planetary Reset or Great Reset.... This is of utmost importance. I don't know if they are going to do the reset of currencies soon after that or not. I am also aware this has been planned for at least a decade. Please let us know what you think. The dollar will be different backed by gold. Debts of countries will be cancelled. Economists I've listened to say there will be a new positive phase for the world economy.
Jefe
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@Sweetcanary, Will cover that in depth in next analysis.
Sweetcanary
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@JefeCaan, Wonderful, I can't wait !!! best wishes !
SteveBryantp
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Amazing work! Thank you for your time
Gorge_patison
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Good idea
Sweetcanary
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Thanks very much indeed for explaining the great reset to us. There are so many things done against the people of the world. I value your way of assessing things. Kind regards !