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Rebel Capitalist News

Dollar Wrecking Ball Accelerates, LA Fires Aftermath, Can US Deglobalize?

Rebel Capitalist News

George Gammon

Thrive, Wealth, Gold, Finance, Macroeconomics, Education, Protect Wealth, Real Estate, Learn, Business, Investing, Government, Economics, How To

4.71K Ratings

🗓️ 18 January 2025

⏱️ 57 minutes

🧾️ Download transcript

Summary

Dollar Wrecking Ball Accelerates, LA Fires Aftermath, Can US Deglobalize?✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/   ✅Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro   ✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

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0:00.0

Hello fellow rebel capital. I hope you're well. So we got the dollar going higher and higher and

0:07.1

higher. It broke a critical threshold today. We're going to go over that right now. Also,

0:14.1

I'm going to give my feedback on what on earth is going on with the LA fires and what are the

0:20.3

economic ramifications going to be?

0:24.0

And then we've got to talk about globalization.

0:26.6

With Trump being inaugurated just in a few days, we've got to ask ourselves, is de-globalization,

0:34.2

a good thing, a bad thing?

0:35.9

It's all about tradeoffs at the end of the day.

0:38.3

It's cost, benefit analysis. But maybe more importantly, is it even possible? We're going to go

0:43.2

over that on this video right now. So first and foremost, let's get into what the dollar is doing,

0:49.9

or should I say the dollar wrecking ball? Let's go right over to the DXY.

0:55.6

Let me do my screen share.

0:57.3

There we go.

0:58.9

Okay, so this critical threshold that I pointed out, 110.

1:03.6

So right now we're at 109.82, but as you can see throughout the day, we over 110 so now let's go back and compare this

1:15.7

to see if we can look at a three-year chart so we are getting very close to the three-year high

1:25.2

but that was right around 113.

1:29.2

So we're at, you know, we crossed 105.

1:32.5

We've crossed 110.

1:35.1

Now, if we go up to 115, we're getting really close to 120.

1:39.7

And personally, at 120, I think things, they might even start to break before then.

1:47.1

Now, maybe it won't get up that high.

...

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