Nour Bou Hatoum
Sep 7, 2018 · 1 min read

The dollar crisis is playing out, and it is very interconnected with the currencies that are falling recently, so simply when the Federal Reserve raised interest rates to 2% they drained the global markets from the dollar, and with the trade tension they created an uncertainty in the markets so central banks rushed to hold Dollars and at the same time The federal reserve is rolling out its balance sheet so basically they created demand for their debt and it is reflected on the 10yr yield curve which dropped to 2.8 from its peak of 3% “what could be more secure than a U.S bond” in uncertain times, after all a stronger dollar keeps inflation in check and oil prices in check…but not for a long time, as everything is interconnected what good can come for the U.S. if 50% of the world GDP is negative ! and the U.S. is not immune from financial trouble. With all of the chaos I am betting on Gold, if it is good for the Chinese and Russians it is good for me.

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