Hoarding Dollars

Many people continually talk about the dollar crashing. They say the dollar is supposed to crumble to dust and be dispersed into the wind. The bias against the dollar has been turned into a religion primarily propagated by the gold promoters. Unfortunately, they fail to understand the relationship of the dollar to the world economy. Additionally, they only look at the United States and ignore the economic trends outside the USA.

 

This report deals with the next monetary reform that many will call Bretton Woods II. What is the future for the dollar? Contrary to what many have been preaching since 1971, the dollar has survived. Right now there remains a dollar shortage, which is one reason the dollar has been rising since 2008 when the euro once stood at $1.60. The report also discusses the transition to digital currencies.

Hoarding Dollars ….. $295

Latest Posts

Market Talk – October 17, 2024

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 269.11 points or -0.69% to 38,911.19 • Shanghai decreased 33.56 points or -1.05% to 3,169.38 [...]
Read more

Poland Itching for a Fight With Russia

Polish General and Chief of Staff Andrzejczak Rajmund Tomasz  clearly seems to relish the thought of waging war against Russia for the sins of the Communists. He has said that [...]
Read more

Am I Ever Wrong?

QUESTION: Are you ever wrong? PSH ANSWER: Personally, we are all wrong on various things in life. To be a trader, you only learn from your mistakes – not your [...]
Read more

Ukraine the Origin of World War III

QUESTION #1: Why does the West hail Zelensky when I have family in Ukraine who see him as a traitor to Ukraine? Asking Turkmenistan to arrest Putin is asking them [...]
Read more