Posted on 04/12/2025 12:06:56 PM PDT by delta7
KEY POINTS -On Friday, falling bond prices pushed the benchmark 10-year Treasury yield briefly above 4.5%, up from 3.99% just a week prior. -The ICE U.S. Dollar Index hit its lowest level in three years.
“The market is re-assessing the structural attractiveness of the dollar as the world’s global reserve currency and is undergoing a process of rapid de-dollarization,” Deutsche Bank strategist George Saravelos said in a note to clients Friday.
But on Friday, falling bond prices pushed the benchmark 10-year Treasury yield briefly above 4.5%, up from 3.99% just a week prior. Meanwhile, the ICE U.S. Dollar Index hit its lowest level in three years. The greenback has seen particularly sharp drops against safe-haven currencies like the Japanese yen and Swiss franc, as well as the euro.
“The market is re-assessing the structural attractiveness of the dollar as the world’s global reserve currency and is undergoing a process of rapid de-dollarization.….
(Excerpt) Read more at cnbc.com ...
Does it make you happy to badmouth Trump’s America? YOU ARE DISCUSTING.
Looking through his posting history over the last month Delta7 seems to be a gold bug. He is jonesing for Armageddon so that his good stash goes up in volume. He is into gold doom porn.
In 1980 the 10 year yield was close to 16 percent.
From 1974 thru 1992 it never went below 7 percent.
China’s behind this crap and a few other hunger countries helping with ginning up fear. Watch for deep state bad actors - might be a way to out them.
Taking over reserve currency is the goal and fear’s the tool. Won’t work. Trump’s forgotten more about capitalism than Xi has ever known.
We’re still BY FAR the safest currency in the world.
He is into gold doom porn.
—————
In the 70’s I was a Goldbug, in the late 80’s, 90’s till about 2000 I was an Equities hound, then right before 9/11 a Silver hound and Goldbug, then back to paper…alittle real estate when appropriate….got out of paper almost two years ago and went back to a Goldbug,…..notice something Junior?
That’s right, I successfully navigated through ALL the financial crashes, successfully hitting all the highs, whether PM’s or equities. …. Timing was everything!
A word for the youngsters, this coming haircut will make the 2008 haircut look like a hiccup. Nothing grows forever, mentored by Sinclair, Russell, and Armstrong, all legendary and all realized there is a business ( economic) cycle.
And yes, in over 50 years I now “ sense” the US is in the dreaded debt spiral, there is no financial “ instrument “ in the world to take refuge in, except for hard assets that can be held in your possession.
This upcoming “Reset” will also pass, be well positioned for “ the other side”.
China’s behind this crap and a few other hunger countries helping with ginning up fear. Watch for deep state bad actors - might be a way to out them.
Taking over reserve currency STATUS is the goal and fear’s the tool. Won’t work. Trump’s forgotten more about capitalism than Xi has ever known.
We’re still BY FAR the safest currency in the world.
“Looking through his posting history over the last month Delta7 seems to be a gold bug. He is jonesing for Armageddon so that his good stash goes up in volume. He is into gold doom porn.”
In 2014 he predicted gold going to $5000 in 2015.
In 2014 he predicted that there world economies would collapse in 2015.
Last November he predicted a US civil war would start in January 2025.
Yesterday he was posting about China’s large gold holdings saying he had just heard from two “in the know” sources.
Today he posts an OP ideo headlines 25,000 tons of gold held by China.
Listening to the video the source of that number is some dude that the Podcaster met years ago and doesn’t even remember his name.
DO NOT SEND MONEY TO ARMSTRONG
“That’s right, I successfully navigated through ALL the financial crashes, successfully hitting all the highs, whether PM’s or equities. …. Timing was everything!”
We saw how successful your Socrates trading was.
Three bankruptcies.
$700,000,000 of clients’ funds lost.
That’s a bit over the top.
Just look at his #6. Outrageous lie.
‐-——————————#6-—————
That’s right, I successfully navigated through ALL the financial crashes, successfully hitting all the highs, whether PM’s or equities. …. Timing was everything!
He is trolling for suckers willing to pay $150 for his subscription.
“That’s a bit over the top.”
Not at all. ARMSTRONG is very pro-Russia.
He is also a convicted felon that claims he was wrongly convicted of securities fraud by the US government.
I suspect you are not old enough to remember the legendary Richard Russell, he put out newsletters, as did Sinclair, I read them all…..there is nothing “ new under the sun “.
When you realize who “ gets it” and those that don’t, you will listen to advice….and be rewarded by “ the counsel of many”.
We’re still BY FAR the safest currency in the world.
————-
ALL the world’s currencies are crashing, it’s just that time. The prettiest pig in the pig pen.
Global recession has started. If you can’t see the signs, you’re welcome to go with the herd.
Don't go with the herd. Follow me. Only $150 a month.
“I suspect you are not old enough to remember the legendary Richard Russell, he put out newsletters, as did Sinclair, I read them all…”
I followed Russell’s advice. Obviously you did NOT!
The falling dollar would make imports simply too expensive even without tariffs and US exports would be a bargain. Foreign investment by US firms (aka outsourcing) would also become too expensive, while investments in US businesses by foreigners would be much cheaper.
Nevermind the Bond market. Most stocks are deeply discounted.
It’s like a fire sale.
Dump out your piggy bank (money market) and load up your portfolio.
90% support TRump on immigration. 75% support DOGE.
Only 20% support Tariffs. 20% are Adam Smith Capitalists.
20% are hard core anti-Trump on everything. 40% are on the fence.
The media, both pro and anti Trump are no help. They slant the story, cherry pick the facts and language to support their slant.
If the 20% that support Trump and buy low to sell high later the US will not face near term problems. But if those who support Trump do not put their money where their mouth is 2026 will see a massive repudiation of tariffs at the polls.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.