Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
Episodes
Saturday Sep 05, 2020
Saturday Sep 05, 2020
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There’s a lot of buzz out there on social media, talking about whether or not the dollar is collapsing. You see, a couple of days ago the dollar index (DXY) fell by 10%, which is a fairly large decline.
As a result of this, many dollar bears have come out of the wood work claiming that the end of the dollar is upon us, and we should buy precious metals and/or cryptocurrencies to preserve the value of our money.
But what no one is asking, is whether the decline in the dollar anything to worry about.
Is the dollar really going to lose its reserve currency status?
Is the dollar really going to die?
Listen to find out.
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Today's Article Links:
https://www.dlacalle.com/en/the-u-s-dollar-collapse-is-greatly-exaggerated/
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