Discussion in 'Currencies' started by fishduck, Dec 15, 2019.
Coronavirus will send US GDP down a startling 13%: Deutsche Bank predicts
Deutsche bank is on the verge of collapse, seems they are very bad at predictions.
Follow the money they say....
Dollar up , Bonds up , Equities down , Gold down......there's going to be some serious cashflow issues coming up. A lot of cash hoarding going on, plus a lot getting wiped out.
So they would go down together, only the bad would say its bad things
Been watching a number of videos with Brent Johnson explaining why he believes the US Dollar will continue to rise against other fiat currencies over the next couple of years. It's his milkshake theory. To me, he makes sense especially when you have the Swap Lines in place with 14 Nations, including Australia.
In the below video, Brent Johnson and Marin Katusa discuss the currency crisis that is coming and what to expect.
What has probably convinced me more is how the OZ $ so easily tanked when the markets plunged beginning on the DJIA on 23rd March.
Swap Lines put in place and the AUD has marched forward against the US$.
If Brent Johnson is correct, then the US$ might not be a bad place to do a bit of hedging.
Fun times ahead.
This is another video with Brent Johnson only speaking a week ago on Nugget's News.
The strongest of the other failing fiats.
Great channel. cheers!
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