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The DOW Will Crash Due To The Devalued Dollar.
President Trump has gone public desiring a weaker currency, but legendary financial and geopolitical cycle expert Martin Armstrong is back with a warning. Trump may attempt to devalue the US dollar to reduce the trade deficit.
Moreover, Trump has only recently begun to push for reduced interest rates. The US dollar’s value might fall as a result, according to experts. “Everything has an international worth,” Armstrong forecasts.
Energy prices will climb relative to the dollar if the value of the currency falls. Treasures abound. Charting it in Canadian dollars or Euros shows that it is making new highs, but at the moment it is not since the dollar is rising.
If you significantly reduce the value of the dollar, you will once again trigger a crash. As much as half of that could be correct.
Armstrong is highly knowledgeable about the financial markets. To discuss devaluing the dollar in 1985 to stimulate trade, the Reagan administration summoned Armstrong. In his warning, Armstrong said a major crash would occur within two years of devaluing the dollar.
What transpired?
Two years down the road, in 1987, the stock market saw its legendary one-day plunge of over 22%. In percentage terms, it remains the record for a single day’s crash.
