How Global Central Banks are Handling De-Dollarization Fears
Lynette Zang: 7-18-2023
There was just a major pattern shift in Global Central Banks deciding to move their Gold holdings home as a flight to safety.
And then, in almost perfect harmony, the US Dollar Index falls below a key technical support level, making it even more clear what’s about to unfold.
I remember when the Dollar Index fell in 2007 (also in July) and I called to warn my mother to pull her stocks out. This was the first time I said “something nasty this way comes”.
She pulled half her money out, then called me in February of 2008 asking me to look at her statement saying “There’s got to be something wrong here”. I said no Mom, I warned you, this is an erosion of your portfolio… 96% of Central Banks say their “Safe Heaven Asset” is Gold.
They are getting ready for this, are you? They now only want physical gold in their possession, do you?
Let’s uncover what’s happening with the US Dollar and break down the exact same strategies the banks are using to protect themselves as we speak…coming up!
3:07 Primary Currency Metal
6:15 Spot Gold Market
10:16 USD Index
13:19 US Dollar to Peso
15:07 Purchasing Power of Consumer Dollar
18:58 Gold Holdings