Yes, recall that basically DXY is USD vs Euro and Yen. Haha, great shakes there, USD is sooooo strong. That's why the yuan AND ruble beat it up since the Russian invasion - wonder why they don't tell you that. Oh yeah, why would you need to see it, peon, we tell you what's good for yourichard5za wrote: Sat Apr 15, 2023 9:07 amI am not clear on what you are saying about USD? Two years ago the value of USD against a basket of glogal currencies was 90 (approx) and on Friday close it was over 101; thats not a currency about to fall over. World debt is I understand over USD 340 trillion. Do you know how long it would take to find replacements for the world's reserve currency?Cool Breeze wrote: Wed Apr 05, 2023 8:43 pm
Things are unraveling as we speak. The news items talking about USD losing reserve status is also either predictive programming, or "told you so" news.
Our next crisis in my opinion is unsustainable debt; a debt crisis; everyone and every currency will suffer but it will be the lesser currencies that take the worst knocks. In this event I am bullish on gold (5 thousand year history)
Either way, gold will do fine, I own some of it. But BTC will destroy it all, as it has already done this year, again. But don't listen to CB, who has some sort of knack about this stuff
Math doesn't lie