![]() |
US Dollar Review |
The US Dollar Index's overall trend, revealed by trends of price, leverage, and time, are defined in The Matrix for subscribers.
Subscriber Comments
The US Dollar Index Report, a series of videos, extends the discussion.
It doesn't take much searching on the Internet to find some iteration of the Dollar is Dead narrative. It tends to be paired with #gold, #silver, or #Bitcoin is heading to the moon. The driving force for the demise of the dollar rang from hyperinflation to the fall of the petroldollar and rise of the petrolyuan. The latter argument, really fake news when compared to how markets actually trade, has been fully embraced by gold bugs and crypto zealots on social media. The argument that seems to trap every incoming generation is absolutely laughable in terms of what drives the world's core currency.
The legacy media, which loves to embrace the idea of fake news in political discussion, does not control it. Social media sells the fall of the petroldollar narrative as truth without asking if history supports it. It helps generate clicks, sell subscriptions, gold, silver, and more. That's all that matters.
Future US Dollar Index Report updates will be addressing this discussion more regularly as 2024 gets closer. The world core currency is not solely defined by the international trade of oil. The dollar will not survive by the end of the decade, but it won't be because of the rise of petrolyuan.
Use your Subscription Level Access Code to access the full review.
Follow me on Twitter or Facebook for further discussion.
----------------------------------
The Matrix provides market-driven trend, cycles, and intermarket analysis.
