3 Best Investments for the Coming Collapse in the Dollar

3 Best Investments for the Coming Collapse in the Dollar https://youtu.be/JegEjRajgus The U.S. dollar collapse is coming, it’s not a matter of if but when. It’s happened twice already in the past 40 years, wiping out more than 30% of the dollar’s value and it could wipe out your savings. What would you do if the value of your savings and investments fell by 34% in a matter of days? What if at the same time the dollar was crashing, everything you bought became more expensive? It’s a scenario that Yale University senior fellow Stephen Roach says is virtually inevitable and that a “lethal combination” of factors is lining up to bring a crash in the value of the U.S. dollar! Is a dollar collapse imminent and what are the effects to your savings and investments? In this video, I’ll show you what the value of the dollar will collapse and what it will mean to your investments. I’ll reveal who is behind the plot to destroy the U.S. dollar and I guarantee, it’s not who you think…ok, it’s the U.S. government and they’re doing it to make it easier to repay trillions in debt. They’re getting help though from foreign governments, especially China, and it’s all coming to a crash soon. Let’s look at why many economists are saying a dollar crash is coming , what it means for your money and the three best investments to prepare. First we’ll look at why the dollar is so important, not just for Americans but globally, and then why the crash may have already started. The U.S. dollar is the most trusted currency in the world and 62% of all foreign currency savings held globally are in dollars . Foreign governments know the value of the dollar is sacred and trust it for their cash holdings. Part of being the reserve currency means the dollar is used the world over for international trade. More than half of all cross-border transactions are denominated in dollars and buying or selling in most commodities like oil, gold and farm products are priced in dollars. This all makes the dollar the ultimate safe haven asset. When stock markets plunge and economies weaken , everyone from foreign governments to investors buy dollars to protect the value of their assets. But that all could be about to change and one hedge fund manager at Goldman Sachs, who correctly warned investors of the 2008 financial crisis, now calls the dollar, “the biggest problem” in the global market. As companies rush to break global trade networks for a variety of reasons , there will be less demand for the dollar in global transactions . Coronavirus-forced lockdowns on shipping are forcing many manufacturers to rethink international outsourcing and a breakdown of international cooperation is driving nationalism everywhere. The dollar’s pain is a gain for foreign countries owing massive amounts of dollar-denominated debt . That combined with the pleasure of limiting America’s global dominance has already started a coordinated effort by foreign governments to weaken the dollar according to officials at the International Monetary Fund. Ray Dalio has been predicting a dollar crash for years. He’s right but like most calling for a stock market crash, he’s just been early. Dalio and other hedge fund managers are positioning their own investments for the collapse of the dollar and ironically, that might just be the tipping point that makes it happen. Join the conversation in our private Facebook Group! https://ift.tt/2SL3NCQ Join the Let's Talk Money community on Instagram! https://ift.tt/336QCQl My Investing Recommendations 📈 📊 Download this Portfolio Tracker and Investing Spreadsheet! [Community Discount Code] https://ift.tt/2IaUgA4 Check out the stock simulator and Get 2 FREE shares of stock worth up to $1000 each when you open a Webull investing account with a $100 deposit! 🤑 https://ift.tt/2M1qRd4 Free Webinar – Discover how to create a personal investing plan and beat your goals in less than an hour! I’m revealing the Goals-Based Investing Strategy I developed working private wealth management in this free webinar. Reserve your spot now! https://ift.tt/2TbmwcK SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://ift.tt/2zsdiOe Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps. Let's Talk Money! with Joseph Hogue, CFA