The Dollar is EXPLODING Higher!! (Something Big Is Happening)
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 18 December 2024
⏱️ 95 minutes
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| 0:00.0 | Hello, fellow rebel capital. |
| 0:02.1 | Hope you're well. |
| 0:03.3 | So we've got a new format today. |
| 0:04.4 | We're going to go over three major stories from today. |
| 0:09.2 | The first off is going to be the takeoff of the United States dollar. |
| 0:14.9 | It is going parabolic. |
| 0:16.9 | So we've got to figure out what is happening with the USD relative to other fiat currencies. |
| 0:21.4 | And then what does this mean not only for the United States, but maybe even more importantly, for the global economy? |
| 0:28.5 | Remember, there's a lot of dollar-based debt out there. |
| 0:31.5 | And a lot of countries, a lot of countries like Japan, require dollars to buy the stuff they need, such as commodities, |
| 0:41.1 | to produce the stuff that they need to keep the economy afloat to the degree to which it's still floating and not tanking. |
| 0:50.0 | So let's get into the dollar exploding higher first and foremost. |
| 0:56.2 | Then we're going to go over two other stories that I think you're going to find fascinating. |
| 1:00.0 | So buckle up, sit down. |
| 1:01.7 | It's going to be about an hour long live stream and you guys are going to love it. |
| 1:05.9 | So first, let's go over to a chart of the DXY. |
| 1:11.2 | We're going to go over to MarketWatch here. |
| 1:12.8 | And you can see that we're almost up to 107. |
| 1:15.6 | So for those of you who are maybe new to the channel, you'd say, |
| 1:18.3 | okay, George, that doesn't mean anything to me, give me some context. |
| 1:21.3 | So let's go back three years on this chart. |
| 1:24.9 | And you can see that we were only at a point higher in 2022. And this is when |
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