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"US flip from exceptionalism to expansionism is best case for a contrarian US dollar long" (BofA Hartnett)
Source: TME
U.S. Dollar Index $DXY heating up, now above 99 for the first time in 1 month
Source: Barchart
BREAKING 🚨: Argentina
Argentina's Peso has now collapsed 99.8% against the U.S. Dollar since 2009 📉📉 Source: Barchart
Although the Swiss Franc has been the strongest currency in the world, the purchasing power degradation in ‘real’/’hard’/gold terms over the last 20 years has been massive
Chart below shows Gold price in Swiss Francs – the “hardest” fiat currency in the world has lost 80%+ of its purchasing power !) Source: Goldman Sachs, zerohedge
Japan's government says it may "intervene" before the Japanese Yen to US Dollar ratio reaches 160.
Over the last 2 months, the Yen has gone from 145 to 157 as a $110B+ stimulus package is coming. We are ~2% away from "intervention." Source: The Kobeissi Letter @KobeissiLetter
Japanese Yen hits weakest level against the U.S. Dollar in more than 8 months
Source: Barchart
Google Searches for Dollar "Debasement" soar to highest level in history 🚨🚨🚨
Source: Barchart
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