When will we see the strength of the dollar start to show weakness on the global stage??
Strength of the dollar
- Thread starter eca7891
- Start date
Is it not being artificially propped up right now like gold is being held down? Maybe someone with more knowledge can explain?
Gold isn't being held down any significant amount. If gold was selling at 2500 on eBay for example but spot is 1300 manipulation could be true. People want dollars because it's safer than any other currency right now. It keep getting stronger as feds raise rates.
When something else rises up to take its place. Doesn't look likely in the near future. Both the yen and Euro are weaker against the dollar than anytime in the past two decades.
This is why I ask.
From my understanding it can be weakened in two ways.
Internally from monetary manipulation or externally from other countries currency strengthening in comparison.
The USD will weaken when the rest of the world markets accept that there is nothing left, physically, to back up the value of the USD. Fiat money. Some say the only thing that has backed up the USD is the strength of the US Military.
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