RE: Mara mined 701 for April2 May 2023 01:01
If the Dollar is up in value , stocks go down.
If the Dollar show’s weakness, stocks go up.
The East including Russia and China want the Dollar to collapse and lose its leading currency status.
I can’t see the West sitting back and allowing the Dollar to lose its status and they will do everything in their power to strengthen the Dollar to prevent a crash in its value. This is East V West playing out here and I believe the East will always win . Hence it’s the reason I’m out of the stocks and shares market at the moment .
However if it plays out the way I think it will , the mother of all market crashes is going to come out of this battle of the currencies dragging everything down with it.
It’s not all doom and gloom , as hopefully not all countries will end up with a 240% inflation rate like Lebanon is experiencing right now. This being the result of their government mismanagement of their policies.
I await the usual hatred posts from those that know whom I’m talking about, yeeehaaaa….