Friday, December 18, 2020 1:02:54 AM
What so ya' don't think this here is a good-looking chart play ?
Well, I'd concur that the Dollar may soon catch a bounce but......it may also be in very deep trouble
Gold - In December of 2019.....
One Year Later.....
Bitcoin (and other coins) have literally begun going thru the roof .....
An Etherium-related Canadian company.....
3 Weeks Later......
The Dollar's been tanking - That's why Lithium's been climbing.....
Perhaps it's at Resistance now but.......judging from Bitcoins' breakout perhaps maybe not :
Plus it's all about Copper as well like, right ?......Will IT not keep climbing and re-visit $4.50 ?.....
Am just weighing The Dollar againt Lithium prices / Copper / Gold / PALLADIUM / Manganese / Nickel / Bitcoin......
How does one halt a declining Dollar ?.......Well ?
I THINK one raises interest rates......
Least, that's what they USED to do.....
But there's currently very LITTLE CHANCE of THAT !........
That's why stocks and commodities both have been climbing......(the Dollar has not been appealing).
Equities have generally climbed MORE than commodities :
Commodities are playing catch-up
So this is when the Dollar became a fiat currency (='paper money' or 'debt money') ?
How could they halt a plunging dollar THIS time, since, they've already exhausted this avenue, no ?
Well, I'd concur that the Dollar may soon catch a bounce but......it may also be in very deep trouble
Gold - In December of 2019.....
One Year Later.....
Bitcoin (and other coins) have literally begun going thru the roof .....
An Etherium-related Canadian company.....
3 Weeks Later......
The Dollar's been tanking - That's why Lithium's been climbing.....
Perhaps it's at Resistance now but.......judging from Bitcoins' breakout perhaps maybe not :
Plus it's all about Copper as well like, right ?......Will IT not keep climbing and re-visit $4.50 ?.....
Am just weighing The Dollar againt Lithium prices / Copper / Gold / PALLADIUM / Manganese / Nickel / Bitcoin......
How does one halt a declining Dollar ?.......Well ?
I THINK one raises interest rates......
Least, that's what they USED to do.....
But there's currently very LITTLE CHANCE of THAT !........
That's why stocks and commodities both have been climbing......(the Dollar has not been appealing).
Equities have generally climbed MORE than commodities :
Commodities are playing catch-up
So this is when the Dollar became a fiat currency (='paper money' or 'debt money') ?
How could they halt a plunging dollar THIS time, since, they've already exhausted this avenue, no ?
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