Hi Chris! Now de dollar is dead? what difference from last year…
With regards to my last post, Investment update; A reader asks about investment ideas and strategies for the future, I was speaking hypothetically here. I was merely attempting to address the reader’s concerns about a “dollar collapse.” In fact, I don’t see a dollar collapse in the way most in the alt-space imagine it anytime soon. For instance, I look at the metals this morning as well as stocks and cryptos, and the dollar is surging against them. If asset prices are struggling that means the currency in which it’s priced is moving higher.
While the dollar may be collapsing, so to speak, all the currencies are collapsing together, so as to mask their demise; and this includes the Russian ruble and Chinese yuan. I mentioned real estate as an example in the post. If a person were attempting to navigate a dollar collapse it would affect housing price income multiples and capitalization rates based in dollars.
Unfortunately, for those who don’t own underlevered assets, the whole central banking concept on the individual national level is collapsing by plan and will wipe them out. From the ashes, and like a phoenix, I surmise the answer will be a much larger international central bank similar to the ECB, but for the world. Virtually all will lose out in some way, most more than the few.
The only way the synagogue of Satan can toss the American constitution and its financial sovereignty into the trash bin of history is by diluting, polluting, and finally humiliating the amoral masses through a manufactured nuclear war. The first two objectives have clearly been achieved; only the nuclear take out awaits. This is the humiliating force majeure that will kill many Americans and topple the dollar as the global reserve. EMPs and nuclear humiliation are up next for Americans.
I observe how Americans so easily succumb to the trauma-based mind control of the covid scam, fake racism, staged terror attacks like 9/11 and the Texas shooting, open borders in the name of humanitarianism, and the green energy fallacy, and know the adversary can essentially pull the plug any time. I have friends who think I am political whenever I talk about such issues, so I am convinced the goose is finally cooked. With that said, the USD still serves a vital function in the wealth and power consolidation of our adversary. Thus, the dollar reigns supreme (for now).
Back to my financial thoughts, I even suspect SF homes will soon get hit as well, and will unwind some of the gains from the past year or two. They will still be at a higher level, and unaffordable based on mortgage rates, but perhaps knocked down a notch. Higher rent rolls will mitigate the damage that has been inflicted on the other asset classes, but the Americans need to be humiliated, especially the white Americans, whose forefathers founded this nation. This will all crescendo this decade; the last full decade before Jesus’s return.
For now, the dollar is still the go-to in times of trouble. Just look at Au and Ag this morning. Yesterday, silver looked like it was going to drop below 20 and I made that observation in the comments section.
Anyway, the USD will hold up well given America’s energy resources, ingenuity, and industrial capabilities. A Republican government could really flip that equation nicely. Anything but the current regime in power.