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[–] 7 points 9 months ago

The USA Dollar is dropping rapidly.

https://www.morningstar.com/economy/what-weaker-us-dollar-means-investors-2026-beyond

Through September, the dollar depreciated 13.5% against the euro, 13.9% against the Swiss franc, and 6.4% against the yen, alongside a 5.6% decline versus a basket of major emerging-markets currencies.

I don't have a ready source, but I understand the stock market rally in the USA is only a rally as the dollar is dropping. Priced in other currencies, the USA stock market is down.

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    [–] 13 points 9 months ago* (2 children)

    Alternative headline: the dollar seems to be plummeting. Look at its exchange rate vs other currencies, am I wrong? The currencies I've been watching have been much stronger vs the dollar in the last year

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  • [–] 8 points 9 months ago (1 child)

    Trump once said he should check Fort Knox to make sure the gold is still there.

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  • [–] 10 points 9 months ago (1 child)

    TIL Gold used to be a bottom.

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