US Dollar Dives As Debt Market Meltdown Worsens: Most Cryptos Rise. By Gregory Mannarino

in #money4 years ago

Me new pic.jpg

Today the value of the US dollar plunged against other currencies as China, it is rumored, is about to back off from purchasing US debt.

What must be understood, is the US dollar is simply a unit of the debt. Therefore you can expect the dollars value to fall as the demand for US debt also falls.

At the time I am writing this article, most cryptocurrency‘s are higher on this news, and so are precious metals and crude oil.

If it is confirmed that China will indeed not be purchasing US debt, you can be sure that other countries will follow, and this is very US dollar negative.

Gregory Mannarino, "The Robin Hood Of Wall Street."

Watch LIVE charts of cryptos, bonds, gold, silver, MORE for free, right on my website. Click here: https://www.traderschoice.net/

me steem.png

Sort:  

Thank You, Gregory, Upvoted Resteemed. BYOCB. Precious Metals are not doing much.

Nice post sir carry on

upvote and resteemed

resteem and upvote sir

Resteemed and upvote

Also upvoted and resteemed.

reastam and upvote done

Resteemit done😊😊😊😰😰

Nice post Mr Robin Hood

That's great to know resteem and upvote.

Reestemed and upvoted robin HOod

yes sir he' s robin hood in the steem

nice post friend

Thank You, Gregory, Upvoted and Resteemed. BYOCB. Yes I've been watching

upvoted and resstem

upvoted and resstem

Absolutely you are great ..You are really super hero of steemit media ...You have special power of photography system as though you are great .In every time I follow you so much ...
Give upvoted and do resteemited properly..
Thanks for sharing your important blog ..

Excellent update news about Cryptocurrency and bitcoin trading system. Resteem and upvoted.

amazing post @resteemed

More to come!

Upvote & resteem done nice post @marketreport

@resteemied + upvote + following, good job @marketreport

Hi! Gregory Mannarino, i'm here and I see your recent updates on

steemit..... thanks for share with us. @resteemed this

upvoted and resstem

well a good work daily @resteemd

sir your opinions are alwyas help us on market @resteemd

thank you mr @marketreport

Nice post. Resteem and upvoted.

upvoted and resstem

Resteem your post

upvoted and resstem

Excellent update news about Cryptocurrency Keep it up and Resteemied Done 😊

upvote and resteem.

your work is always good for your new updates @resteemd

Great update news about Cryptocurrency and bitcoin trading system. Resteem and upvoted.

Amazing post @marketreport

thanks

IMG_20180110_214900.JPG

Reestemed and upvoted

great information great post thanks for sharing great post upvoted and resteemed

Things are not looking good. Is it because Trump is threatening to do something in North Korea and China is threatening a retaliation by doing this?

The day you go on the confederacy of dunces is the first day I watch the confederacy of dunces 🤣

This news is big, dollar death spiraling along the outer edge of the bowl slowly picking up momentum

Extremely negative indeed! I wonder what the powers that be will do in retaliation to such a slap in their face? This could get interesting very quickly.

Resteem and upvote done:)

Resteem and upvote done sir:)

upvoted and resstem

upvoted and resstem

Thanks for the info.

resteem up vote done

nice to share it with us like always sir i like your work always and always resteemd

A useful topic thank you
We always benefit from your many publications

good job sir for share this information @resteemd

thanx to share this update sir your redtions and opinions on market are alway perfect

Thanks for sharing...

Greg, or anyone really, since we are seeing the bond market sell off daily, would shorting the options on this be worth while, or would you never be able to sell them?

Perhaps this is a phase shift in the markets or just another blip in this raging bull market that will ultimately shit like an Elephant.

I believe I heard Jim Rodgers say this, If you you were smart in 1807 you moved to London, New York in 1907, and Singapore in 2007. The tide is just about done turning. Good post Greg. I am going to add to Jim's saying in 2107 Mars!

its good to update daily usd and bond and other stock market thanx sir to share it daily @resteemd

Excellent analysis Greg!
Upvoted and resteemed!

Hell yeah ! So everybody should move to the safe Cryptos, right :) Thanks + UPVOTE

Are you looking to get into any altcoins in the near future @marketreport?

Thanx for the timely updates. Just saw a little bit of bond buying....
resteem and upvote
Thanx again!!!!

Dumb all my cash in PM?

We should not forget that while American imperialism is an empire in decline it has the most powerful military in the world for a reason: to enforce compliance with the US dollar as world reserve currency. China will proceed very cautiously, it is not looking for any kind of serious confrontation with the American empire. China will seek to build the Eurasian trade zone through the Asia Infrastructure Bank and build up trade relationships that are not denominated in US dollars. China's history since 1949 shows that it proceeds carefully and cautiously with great forward thinking.

World central banks, all of them, are responsible for the global decline of the middle class that we are witnessing.

Really agree with you because these banks in my opinion literally runs debt trap and due to bank system the middle class people are becoming the slaves of debt trap and the rate of affordability of houses are also declining in case of middle class people. And i am one of them who still dreams for an own house.

Stay Blessed.

Tnx for upvote and resteem

Resteemed and upvote

the other fiats will fall before the dollar does.. in the long term.. maybe china will win.

I just made a post showing BTC touching the tip of it's triangle after breaking out, along with an example picture of what happens in a symmetric triangle.

Symmetrical-Triangle-Pattern.png

and BTC's current standing;
2a99dd7e-51f6-43f6-b034-5549fc3d6999.jpg

I believe we are at a bottom.

Please check out the post;
https://steemit.com/bitcoin/@louwtjie/btc-update-symmetric-triangle-upwards-break-pulling-back-to-the-tip

Resteemed and upvote

Thanks for the important info..👍
resteem again your post ☺👏

I bet NUGT is having a good day. I cant wait to watch your video this evening.

And then tax crypto even higher to recoup the losses ;)

Super upvote and resteem.

upvote and resteemed
@marketreport

anyway can we do follow for follow
upvote and resteem @beautybox

Reestemed and upvoted

thanks for sharing @marketreport
upovoted & resteemed

It's about time. Anarchy!!!!!

Outstanding perfomance for bitcoin...
Thank's for sharing

LOts of crazy things going on market wise! Korea taken out of steem, etc. Brannon gone ...

Thanx for the update! Uppvoted and resteemed.

Excellent upvote and resteem done

People are fleeing the dollar. The writing is on the wall. Upvoted and resteemed.

Thanks for the update of bitcoin,upvot and resteemed

You wrote this 45 minutes ago and they've already managed to smash Silver back under 17. Just let me know when I can vomit on my keyboard.

I thought China had already slowed down their purchases of US Debt. Moreover, they have been unwinding much of their US debt. Isn't this how many East Coast commercial properties have been purchased, or are these purchases private to companies like JPM?

A us dollar will be a dogecoin

When Bill Gross talks, people listen.

Thanks for sharing us

@marketreport dear sir i always follow you and resteem your post:)

In fact, the US dollar will increase prices like any dollar in China. And if the price increases, I will not be able to think what will be the law. However, we are excited that bitcoin's market price is really rising. Thank you very much. beacuse you can give find some news quickly.upvote and resteem sir.thanks