The Currency & Banking Crisis for Europe

QUESTION: Thanks for this free advice. But, in this comment: “/our-european-tour-part-ii-seizing-all-bank-accounts-throughout-eu/” You write: “Clearly, people should be fully aware of the thinking process in government. Brussels will become authoritarian when the free markets rain on their parade. I strongly recommend that everyone should keep 30 days worth of cash to cover your basic needs.”

But, it is better in dollars that in euros, no?

Thanks for all,

J, Portugal

ANSWER: Yes, the dollar will rise after this year from Political Hell. Keep in mind that a rising dollar will break the world monetary system – not a weak dollar. Keep in mind that the entire system is headed to a reset probably no later than 2021. So we are not talking about long-term decisions here. You have to stay fluid about this.