Loading ...back to stirring the pot…
A question for everyone (especially for you, Fullgoldcrown, just to keep you busy so you have any chance to think another thought about shutting down the Tent):
-Regarding the idea of “Multiple Reserve Currencies” ( https://goldtadise.com/?p=533101 ), when the USD finally loses sole reserve currency status, what might its chart look like? Specifically, might it conform to Northstar’s dollar speculation in his recent video ( https://goldtadise.com/?p=533156 )?
Love how you stir the pot, GB.
Everyone brings different gifts to the party 😉
I have been thinking about that …the answer is I dont know….But that does NOT show up in the Charts at the moment
And as Rambus says …It’s ALL in the Charts
One reason he is so successful is he has absolutely NO interest in fundamentals and the Hysteria of the day .
NONE…ZIP…NADA. …He completely ignores EVERYTHING out side the chart. It’s an uncanny trait.
Chart patterns tend to repeat because Human Nature is a constant. The chart is the sum total of ALL the players beliefs and the Chart is Unbiased …Just the facts Mam
See his End of the World History Chart .
Having said that another thought I have is IF the Dollar Reserve is challenged then so too would the Euro be challenged …They are both in the same “SWIFT” control system.
If for instance the Petrodollar is ditched and there is a BRICS gold backed currency implimented would that mean the euro rises vs the dollar or would it mean they both FALL vs the Yuan Rouble Rupee etc….AN FALL ESPECIALLY AGAINST GOLD !!
The Dollar Index is a Mirage IMO…It simply measures the US Dollar Purchasing power against the Euro ( ~60 %) and the Yen and Pound and a few others minor WESTERN currencies
These are ALL Nato Currencies …so they are all one and the same in essence .
Now stop being such a PITA GB
My head hurts