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Showing posts with the label financial crisis

Historic US Dollar Downfall: Worst H1 Drop in 40 Years

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The US dollar downfall has reached historic proportions, and it’s posting its worst first-half performance in nearly 40 years. Right now, the Dollar Index has plummeted over 10% year-to-date, creating massive foreign exchange volatility and triggering widespread USD devaluation effects across global markets. This unprecedented US dollar downfall represents the steepest decline since 1973, also causing severe market volatility risks and extensive global trade disruption that’s reshaping international finance as we know it. Also Read: De-Dollarization Accelerates As US Dollar Becomes ‘Toxic’, Expert Warns US Dollar Downfall, Foreign Exchange Volatility, Market Risks & Trade Historic Scale of Currency Collapse The current US dollar downfall isn’t just another correction—it’s engineered a complete structural breakdown. At the time of writing, the US Dollar Index has crashed to 97 points, implementing an 11% collapse that represents the worst first-semester performanc...

R. Kiyosaki explains why Bitcoin price is ‘about to explode’

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Financial educator and author Robert Kiyosaki has doubled down on his support for Bitcoin (BTC), this time offering insights into why the maiden cryptocurrency will likely see a price explosion.  Kiyosaki, the author of the best-selling personal finance book Rich Dad Poor Dad , noted that Bitcoin, as well as precious metals such as gold and silver, will likely rally due to the upcoming Federal Reserve monetary policy, he said in an X post on September 15 The investor argued that when the Fed eventually cuts interest rates, the flow of money will shift from what he termed as “fake assets” like U.S. bonds to “real assets” such as gold, silver, real estate, and Bitcoin. In his view, investors holding the assets will likely get richer.  Picks for you Here’s Bitcoin’s trading plan for this week; Interest rate cut incoming ...