Are your dollars in trouble?

Lots of clickbait in the news recently about the US Dollar losing its reserve currency status… DON’T buy into it.

The US dollar has been the worlds reserve currency for over 70 years and there are no viable alternatives to replace it with another country’s currency.

The US dollar’s dominance is reinforced by its high liquidity and trust in its supporting institutions. The US dollar is sustained by America’s status as the world’s largest economy and geopolitical powerhouse.

Worried about China? The Chinese Yuan, is practically the the most manipulated currency in the world. The government can send the value up or down depending upon how they are feeling that day. The Chinese Yuan only accounts for 3% of central bank reserves.

Worried about Russia? The Russian Rupple. Nothing is happening there, Russia’s economy is being decimated by the War in Ukraine. Russia is depleting all of their tanks that they have to go back and get T54 tanks. For those that dont know, T54 just means they were manufactured in 1954. The Rupple has these huge fluctuations daily.

Let’s get back to the dollar. The currency of choice for international trade which accounts for more than 80% of trade finance and half of trade invoices.

The dollar dominates foreign exchange and debt markets.

I want to be perfectly clear… I am not saying this would never happen, it certainly could. However, if you look at the Macro trend and the entire geopolitical landscape, you would come to the same conclusion that we came to.

Your dollars are definitely safe for the time being so don’t buy into the clickbait headlines.

The best thing to do with your dollars is to convert it into ASSETS.

We will continue to teach and write our opinions about this to best inform you all.

To everyone subscribed we want to thank you as always, we do our best daily to keep everyone informed as we want to see you all succeed!