Today I want to talk about the declining value of the US Dollar.
Folks, is the US Dollar in a downward spiral? The charts show USD at a new low this year.
Just yesterday former Federal Reserve chairman Alan Greenspan warned about a bond bubble: https://www.cnbc.com/2017/08/01/alan-greenspan-the-bubble-is-in-bonds-not-stocks.html
Rumors are also circulating about a possible Fed coin in response to the declining confidence in the US Dollar: https://news.bitcoin.com/fedcoin-u-s-issue-e-currency/
Meanwhile the value of crypto currency continues to rise. Bitcoin has maintained it price after the hard fork while Bitcoin Cash has experienced massive gains over the past twenty four hours. What does the future hold for BCH? Exciting time for crypto!
Do you think the US Dollar is in a downward spiral? Leave a comment below.
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*This is is not investment advice. Dealing with crypto involves a risk of loss. Please buy, trade, or invest, at your own risk.