Loading ...US Dollar. USA must have the biggest debt in the world re $19 Trillion. The $19 Trillion also exposes the INABILITY of the United States gov’t to raise taxes. It’s commonly known, that a currency is only as good as the gov’t ability to collect taxes.
So the “ability” has been curtailed. The $19 tril national debt along with over valued Dopey/Dollar are a ticking time bomb. That’s why all the global elite are SCRABLING to create prosperity in the USA ONLY. They all have the most to lose. Not us little people who they all depend on for their survival.
Dopey Dollar Chart:
http://schrts.co/pha2TV
Now, 10 year treasury yield 2.4%. Assuming the US dollar is paying the highest yield these days among our so called trading partners euro, yen etc, the highest yield suggests the weakest currency.
10 yr treasury bond.
http://schrts.co/XU4gXQ
Here comes Gold. The entire global economy is in failure mode, imploding, falling apart. Currency volatility is totally off the charts. All devaluing in a fools race to the bottom. And gold is DROPPING???????
GOLD chart:
http://schrts.co/tXaWxD
Comment:
Widely held opinions are generally WRONG. The above charts are clearly showing WIDELY HELD OPINIONS, and they are all wrong.
I’m Mr. Copper And I Approve This Message.