Global demand for dollars INCREASES during the end of a currency regime, because the whole system delevers and all these foreign countries need to pay off their debt. Remember most foreign countries have their debt denominated in dollars.
So they will sell treasuries and US equities in order to get dollars. And most of all their own currencies.
The dollar will scream higher on foreign exchange, while everything else falls. It is a strange world.
Basically, the Fed will have to eventually decide if they want to save the Eurodollar system and by extension, foreign countries from seeing their currencies collapse vs the dollar.
They will have to re-run Plaza Accords (G7 agreement from 1985) to devalue the dollar.
All roads lead to more money printing which = inflation.
Then.... The Fed Stopped Buying MBS 7 days ago. The purpose of MBS purchases was to repress mortgage rates and inflate home prices. That process has already started to reverse over a week ago. TA:DR **October **20th the last MBS trade will settle with The Fed. What happens between now and then? We shall see.
In a dollar endgame, the collapse begins at the periphery and moves to the core.
The first dominoes begin to fall...
Then the stock market is also showing signs of BIG trouble..... the VIX has officially hit 30 again. We’re officially in “large volatility resulting from increased uncertainty, risk, and investor fear”. Looks like it will be a RED OCTOBER in the markets.
At the same time... from the FTX president AMA: They want to "set up a regulated exchange in the US that is able to offer security tokens..."
Tokenized securities are coming. A new stock market with stocks as NFTs. This ends most fraud / loopholes being used in the current system and with virtually no need for gov oversite / regulation besides just the rules / regulations they want programed in. This takes a HUGE amount of power from corrupt institutions.
FTX is working with GameStop and LoopRing (LRC)
Rumor is OCTOBER launch on that.
All this seems to be coming together at the same time.... almost like there was a plan to blow up the old system and replace it with something better.
For those that don't understand NFTs or what tokenized securities / assets means check out this post I made a while back:
The revolution will be tokenized. (Why the MSM trashes NFTs so hard) Game Stop = Game Over!
What are your recommendations? seems like there is no escape from this or safe haven. This seems like it could be the start of entire new financial system
No the last thing Wallstreet wants is this new stock market they can't use to cheat. Tokenized securities = GOOD
As far as safe havens, the companies that are behind this new tech are where I'm at. For that and other reasons. The market crashing works in favor of them ultimately. GameStop (GME Stock) I'm 80% of everything in this one for the upcoming play / squeeze. If you buy GME you NEED to DRS your shares or you will likely get screwed. LoopRing (LRC Crypto) I'm 15% in this and moved my tokens to the LoopRing wallet and will be staking my LRC to make fantastic interest when the price normalizes The other 5% in these partners that support the new ecosystem. ImmutableX (IMX Crypto) 0x (ZRX Crypto) Uniswap (UNI Crypto)
PHYSICAL gold and silver are good too. Got a few kilos silver and a bit of gold. Silver is more undervalued than gold IMO.
Not financial advice but the right assets don't suffer during inflation. Just don't sell if they dip, diamond hands will reward you in the long run.
you can sell through computershare, however if everything goes how I think it will, you won't want to sell at all.., ever.
That's what I think aswell. Never sell. I rather have my money in the new golden era and economic system than keeping them in the old, dying one.