Trump’s latest warning is shocking: America is losing its grip on the global economy, and the U.S. dollar is waning.6
If the dollar starts to collapse, your retirement savings could be next in line.7
Don’t wait for the dollar to possibly lose its dominance8 - thousands are already taking steps to help diversify and protect their savings with gold and silver.
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4 “The narrative that the U.S. dollar’s reserve currency status is being eroded has gained momentum as the world is dividing into trading blocs in the aftermath of Russia’s invasion of Ukraine and heightened U.S.–China strategic competition,” said Joyce Chang, chair of Global Research at J.P. Morgan. “Further complicating the discussion, the strong dollar is in the headlines, with talk of devaluation to restore U.S. competitiveness now part of the daily U.S. election campaign vernacular.”
5 "We have power, but it's waning. In fact, it's waning in terms of our currency. And I'm not just talking about the value of our currency, I'm talking about our currency being used throughout the world."
The former president confirmed to Kudlow that the U.S. dollar’s windfall as the world’s reserve currency is "bigger than losing any war."
6 "Our country is going to hell and we're not going to be the big boy," Trump said. "We have power, but it's waning. In fact, it's waning in terms of our currency. And I'm not just talking about the value of our currency, I'm talking about our currency being used throughout the world."
The former president confirmed to Kudlow that the U.S. dollar’s windfall as the world’s reserve currency is "bigger than losing any war."
7 If the dollar collapses, your 401(k) would lose significant value. Exponential inflation would result if the dollar collapsed, decreasing the real value of the dollar compared with other global currencies, which, in effect, would reduce the value of your 401(k).
8 "We have something that's very powerful and that's our dollar," he added. "But you take a look at what's happening to it now with other countries not using it, and you know China wants to replace it with the Yuan, and it was unthinkable with us. Unthinkable. Would never have happened. Now people are thinking about it." |
