The ones controlling the dollar want to fight back (Trump & cie have announced a while ago). Might happen in 3 weeks once summer is over. Right now the euro is so devaluated and everything... I think downside is limited, but upside can be so strong. It could still go down but seriously... the system would get so broken.... What more can they do? Literally (physically) helicopter money down to people? The weak downtrend can continue a while, it can even drop down, but I do not think is super likely.
The volatility is at some of the lowest levels:
Here are a few examples of similar patterns:
Things are not that clear and every one wants to manipulate their currency down. So I wouldn't go full euro either, who knows what could happen. Of course there is gold... But no guarentee here either reeeeeeee. But afaik no broker offers the option to have a gold account, so for those that trade you MUST have cash. Also, property. Going in bonds (all negative yields etc) super expensive stonks or ponzi currencies makes as much sense as most pro Bitcoin arguments.
It is too risky to all in anything now hehehe. Only option I see is to diversify.
So for the cash part... I think now I want to hold my cash in a mix of usd and euro (was full dollar till now). GBP is scary. Yen is a ponzi. I don't really know for other currencies + can't be bothered for now. I got cash with brokers, will have half in $ half in €.
Central banks forcing people to invest, really FORCING them... Boomers helping out boomers... Ok so clearly we can say they are mentally retarded without the shadow of a doubt, but more than this... Are they actually trying to create the biggest bubble of all times with 90% of the population rekt? + Inflation + wages not going up. They WANT WW3 right? I wonder what small country is running the show....
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