Ignore the Dollar Collapse Fear Mongering – Rants Illuminati Silver - YoutubeRandom

Ignore the Dollar Collapse Fear Mongering – Rants Illuminati Silver

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Ignore the Dollar Collapse Fear Mongering – Rants Illuminati Silver

Today is Friday 16th December 2016 and we are suggesting to our listeners to ignore this fear mongering about the imminent collapse of the US dollar and we are going to have a rant so brace yourselves.

The US Dollar is getting stronger not weaker. Even today, the day after the 0.25% interest rate rise by the FED we have seen the dollar hit a 14-year high and bond yields also rose, further extending yesterday’s gains. The dollar index has risen to 103 and guess what, it may go even higher in the coming weeks.

Why? Because the markets believe the FED’s figures, the markets believe the Employment Figures, The market believes that the US is coming out of recession. Whether any of it is true – frankly for the time being it doesn’t matter – its what the market believes that dictates where the so called hot money goes.

Right now that’s into stocks. Today, U.S stocks bounced back a little from yesterday’s biggest daily percentage decline in about two months, led by gains in bank shares. The Dow Jones Index is up 59 points, the S&P 500 and the Nasdaq are also up – despite the fact that the FED indicated yesterday that it anticipated 3 rate rises in 2017 and 2 in 2018.

Why is this happening? Well for a start, U.S. President-elect Donald Trump, who will be sworn in next month, is expected to cut taxes and boost spending on infrastructure?

Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago sums it up very well and is typical of those people who influence markets when he says:

"The thought is that earnings will be better and the economy is strong enough to be able to withstand higher interest rates, and that is why we're not seeing a decline in stocks……That being said, the stronger dollar and higher interest rates will at some point filter through to earnings. It's just a matter of when and how."

There are other reasons why the dollar is strong and can only get stronger. Europe is embarked on an extended program of QE, China has been debasing its currency and so has Japan, and today the bank of England kept rates the same and stated that the next movement in UK rates could be in either direction.

The dollar is one of the few currencies; anyone has confidence in at the moment. Let’s repeat that The dollar is one of the few currencies, anyone has confidence in at the moment. Forget Alex Jones, Forget Peter Schiff, Forget Greg Hunter Forget Greg Mannarino – the dollar is remaining strong for some time to come and do not let these pumping blowhards persuade you otherwise.

Gold fell today to a 10 month low and currently stands at $1127 and silver has fallen almost $1 in the last week to $15.99 – they are both going lower. Let’s repeat that – they are both going lower.

Now please no-one shout manipulation – because if you believe it is manipulated – then guess which way their prices are going to go – certainly not up.

We are having a rant. We want you please to ignore the pumpers, ignore the doomsday merchants, ignore the conspiracy theorists – at least for now – yes they will have their day but it is not today.

Please view our latest videos:

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