The Dollar Is Extremely Strong, Pushing Down the World

[Ricboff]

lol, ask them to send your SS/OAS cheque in Au or BTC, let me know how that works out.

QQQ concerns of double top are coming to fruition. The NQ is AT support trying to hold, clear as day. about 2% ish downside risk to next level if cant hold.

Nasdaq Futures Streaming Chart - Investing.com

Free live streaming charts for the Nasdaq Futures.

www.investing.com

click 1D



i have a chart addiction, lol

 

[SheriffJoe]

Brazil, China strike trade deal agreement to ditch US dollar​

Brazil, China strike trade deal agreement to ditch US dollar

Brazil and China have reached an agreement to ditch the U.S. dollar in favor of using their own currencies for transactions, a move that officials say will save both sides costs.

www.foxbusiness.com

Closer and closer..

 

[SheriffJoe]

The systematic controlled demolition of the dollar has begun.

Indeed.

Recent US bank failures are only the beginning as more countries dump the fake fiat petrodollar in favor of real hard assets.

GOLD
SILVER
BITCOIN

Get out while you still can!

 

[Ricboff]

from post #112

USD

'look at the monthly, a bearish engulfing candle would not bode well ...'

did not happen

US Dollar Index Streaming Chart - Investing.com

In this section you'll find a streaming chart for the US Dollar Index.

www.investing.com

click 1M. Clearly trying to hold an important level . Again $88-89 is the target -that's a 11% fall from here, huge move in the forex world . The next real catalyst is a Powel pivot--a LONG red candle to ensue,imo. And that pivot maybe sooner than we all thought


XLF:

post #116

'.........decreased vol..doji....a positive opening on monday would b ideal .'

missed the XLE train (allowed the $73 gap on the weekly to paralyze lol), shorts no doubt suffered facial injuries .............in on the SPY, JETS, ZEB (cdn banks--if assigned its dividend is taxed in a very friendly manner). what it does it do from here? no crystal ball ,of course, but $33 is resistance , if cant break- back down to ideally form a higher low or re-test $31-$30 zone and make it a WALL. going to need really ugly news to break


there were quite a few other good looking charts showing basing patterns on weekly charts from a week ago

. URA, XRT i liked as well.

XRT (retail)

2 yr weekly

take away this week's candle , furthest to the right -- that was the presentation last friday -clear bottoming process and at a support , oversold ..ideal put selling picture . .
i'll be assigned for the first time in 2023, XBI--i'll try to get rid of it on Sunday at the local flea market, if no takers--selling covered calls until shares called away

 

[brendanjack]

When did the monetary policy of gold backing really change during Nixon or was it really further back maybe Roosevelt?

 

[carlspackler]

When did the monetary policy of gold backing really change during Nixon or was it really further back maybe Roosevelt?

Bretton Woods system - Wikipedia

en.wikipedia.org

 

[PatsFan1283]

Chevron, Exxon post record quarterly profits as commodity prices boom

Chevron and Exxon earned record profits during the second quarter of 2022.

www.cnbc.com

all you need

shoutout to OPEC+

 

[SheriffJoe]

When did the monetary policy of gold backing really change during Nixon or was it really further back maybe Roosevelt?

The US left the gold standard behind in 1971.

 

[SheriffJoe]

Gold continues to drift to all-time highs in nearly all fiat currencies as the old global fiat order continues on its fully controlled demolition course.

Here's what's going on ????

1. The Peoples Bank of China increased gold holdings by 24.9 tons in February

2. OPEC+ is flexing its power in the oil market

3. The Middle East is realigning

4. Saudi Arabia continues to strengthen ties with China

5. Iran's President is planning to visit Saudi Arabia

6. China has expressed a willingness to engage in discussions with regarding the establishment of an Asian Monetary Fund with Malaysia

7. Malaysia's Prime Minister says Malaysia has no reason to continue depending on the dollar.

8. Bank failures/bankruptcies on the rise globally.

China has reported four consecutive months of gold buying, cutting US Treasury holdings to their lowest level since the last global financial crisis.

Things are accelerating rapidly in real time and we've only just begun.

 

[SheriffJoe]

 

[SheriffJoe]

Know What to Expect: The Death of the Dollar Is Coming​

The death of the dollar is coming and it’s going to hit the American public like a ton of bricks. Once it is no longer the world’s reserve currency, all bets are off concerning the fiat currency, and we should brace ourselves for what comes next.

Obviously, the central banks will need this epic crash to usher in the CBDC (central bank digital currency) which will be a technological slave system of control. But before that, we could see things that could only come out of the movies.

The dollar has not been backed by gold in a long time and its value is eroding.

Debt, currency devaluation, massive speculation, massive currency creation, and intentional government incompetence are pretty much guaranteeing a very bad ending. A number of events have happened throughout the years which has jeopardized the Dollar’s standing. The Brazil, Russia, India, China, and South Africa (BRICS) collaboration has gained steam in creating pathways for business and they have begun to totally bypass the U.S. Dollar.

— The Endgame: Central Bank Digital Currency

Alternatives to the dollar are already in the works. China and Brazil have already reached a deal to trade in their own currencies, ditching the United States dollar as an intermediary entirely, Fox Business reported.

Here are the things we need to be prepared for according to All News Pipeline, once the ruling class finally puts the final nail in the dollar’s coffin:

1. Bank Runs – people are going to want as much as they can out of their banks even though it’s going to be worthless unless you need some toilet paper. Some will attempt to rush and buy precious metals with their money while they still can.
2. Capital Controls – the masters will ban the slaves from converting their dollars into foreign currencies to try to keep the dollar afloat for a few more days.
3. Inflation – it’ll spiral out of control because the dollar will be worth almost nothing
4. Massive Unemployment – businesses will find it impossible to get parts or supplies from other countries, so there won’t be jobs to do.
5. Empty Grocery Store Shelves – food will be a hot commodity. The shelves will empty as people stock up at the last minute with whatever money they have.
6. Public Riots – all of the above will lead to massive violent public riots. People will be depressed and angry, but most will be still too dumbed down to take it out on the ruling class and bankers who control them like marionette puppets. They will instead, destroy businesses and loot whatever they can.

Make whatever preparations you may need or do an audit of your preps. This is inevitable, even though no one knows the exact day that it’ll happen. It’s all spiraling out of control and it is only going to get worse.

The crash of the dollar is only the beginning.

— The Central Bank Digital Dollar Is Coming: Prepare For Totalitarian Domination

— Prepare Now: Events Are “IN MOTION” To Remove The U.S. Dollar As Reserve Currency

 

[SheriffJoe]

The dollar has lost 98.2% of its purchasing power since 1900.

Gold has increased 53.9 times in value during that time.

And gold continues to soar. It's currently over $2,000 per oz.

But the best is yet to come! ? ? ?

George Soros in 2009: “A decline in value of the dollar is necessary…China will be the engine driving it forward… a managed decline of the dollar.“

"A managed decline of the dollar", aka controlled demolition toward....??????

? GLOBALISM, aka CBDC ?

Never interfere with an enemy while destroying itself.

 

[Ricboff]

see your own post , #130. the pie chart. Dont hold your breath on that changing anytime soon

there are 2 bullies now in the playground. No one can tell China what to do, no one . Brazil's largest trading partner is China. They b like, 'why are we using the USD for trade between us?..nah lets ends this'


aint no fun when another bully arrives

 

[SheriffJoe]

see your own post , #130. the pie chart. Dont hold your breath on that changing anytime soon

there are 2 bullies now in the playground. No one can tell China what to do, no one . Brazil's largest trading partner is China. They b like, 'why are we using the USD for trade between us?..nah lets ends this'


aint no fun when another bully arrives

The REAL bullies are the central banksters and their cabal puppets who tried to use Covid as a pretext to destroy their OLD ORDER so they could usher in their NEW ORDER.

They FAILED, BUT...

The policies of ultimate control and enslavement that are driving us toward this NEW ORDER are still moving forward by the same evil players...which proves people like me were right all along. And yes, the two 'bullies' on the block (Russia, China and many others) you mentioned are working together to speed up the process pushing the globalists right off their own cliff.

President Trump even said it last night. The United States dollar will NOT be the reserve currency for much longer. In its place will be a NEW global digital currency tied to your ability to be a good little slave to the installed globalist ruling class.

Having dodged a bullet with Covid, we bought some time. But prepare now because once they engineer the next crisis things will get ugly fast.

You can't sit there with your blinders on dismissing this all as a "conspiracy theory" anymore because IT HAPPENED...YOU LIVED IT:

"Two weeks to flatten the curve" ????

Destroy global economy/supply chains >>> vaccine passports >>> Digital ID >>> Central Bank Digital Currency (govt programmable money) >>> digital concentration camps

Never interfere with an enemy while destroying itself.

 

[Ricboff]

Lol, you okay bro ? China's debt is more than 250X GDP, higher than the US.

good news;
your SS/OAS cheque will arrive , like clockwork

bad news;
it will be USD/CAD

sorry man

 

[SheriffJoe]

Just like millions refused their Covid scam, many states will refuse to participate in their CBDC scam..

Tennessee House Votes 98-0 to Allow State Treasurer to Acquire and Hold Gold to Protect the State

Several other states are considering their own sound money bills, including Alaska, Idaho, Maine, Missouri, Mississippi, South Carolina, Vermont, Iowa, Kentucky, Oregon, and more.

The fake fiat dollar is imploding right in front of your eyes.

Are you ready for what's coming?

 

[Ricboff]

If my call for the USD at $88-$89 doesn't come to fruition ? Then I'll start calling you The Mush ,Joe

Lol

 

[SheriffJoe]

Lol, you okay bro ? China's debt is more than 250X GDP, higher than the US.

good news;
your SS/OAS cheque will arrive , like clockwork

bad news;
it will be USD/CAD

sorry man

The bad news is:

You didn't wake up during Covid and therefore STILL swallowing all their garbage..

AIDS & Ebola broke out "organically" in Africa because blacks were sodomizing monkeys ?
SARS/Covid came from expired bat soup in China ?
lockdowns "flatten the curve" ?
no Covid if you're "vaccinated" ?
"herd immunity" from "vaccines" ?
masks prevent the spread of viruses ?
the fake "climate crisis" and their "transition solutions" ?


And of course... "the dollar is strong" (several bank failures later) LOL ?

This is the nonsense they feed you...and you blindly believe them.

You were here defending all the BS during their PLANdemic, except calling it what it was ????

A GAIN OF FUNCTION BIOWEAPON

Too much jerking off to McDavid to not look around and see the world for what it is - as opposed to what they TELL you?

 

[Ricboff]

Get back on the meds bro.

So much anger. When she died all ya had to do was find another

 

[SheriffJoe]

Ricboff, imagine all the "good little Germans" who died believing their govt were the good guys.

That Hitler's elite "scientists" and "doctors" were doing "good deeds for humanity"

Propaganda works, bro.

Don't be that "good little German"

Even Trump can't reveal how sick and evil these people are...yet.

But I can.