Thank you. We are actually headed to a multi-reserve currency world. It will be good for American Business and American people for US Dollar to become a local currency. That will put a limit on monetary and financial profligacy and monetary CORRUPTION (use of CAP is intentional) that we currently see in the United States. I want America and American companies to stand on the basis of their merit, not on the corrupting properties of USD.
Added Later: If you look carefully, the USD is a big enabler of corrupt practices in America. Once the USD is less relevant to the world, the corrupting character of USD will automatically vanish.l
Dollar as reserve currency is keeping United in United States.
if no reserve currency. what will happen to California? (No asset bubbles, No Tax revenue).
Keeping reserve currency is must for smooth functioning of commerce and strong military.
Not bad, Panda knew is May 10 week could be the top in late Feb. We know decline started PM of May 10 but is not the crash yet. Now is one decline (doesnât look like a LED so I may be wrong, could be wave one of the LED that Panda mentioned), the next is bull trap (@manch short squeeze?)⌠exciting time to shortâŚ
As I told you, not possible to be a billionaire trading just SPX and SPY. Pay attention to those that become billionaires through investment and trading. Their real money is from suckers investors in their funds/etfs. Ask WB, Jim Simmons, George Soros,âŚ
May be he could be a $100 millionaire in 5 years⌠donât forget he gets to this accuracy after many decades.
Not possible because those people donât have the voodoo power to predict the future. Since you guys can predict the future of course you can gain a billion dollars easy.
Same forecast posted half a dozen time, now then you comment?
@manch doesnât believe. Everybody is entitled to do what they want or believe. The high return is worth to bet a small fortune. So I am throwing good money at it.
Not sure why people think is far out. I use to buy LEAPS calls 2-2.5 years out. Each position $50k to $100k.
Whatever reason you feel comfortable with is the reason. There are plenty one can think of off the cuff. Inflation, tax hikes, escalating geo-politics, excessive money printing, domino effect of business bankruptcies, âŚ
