WILL THIS KILL THE DOLLAR?

Will the US dollar collapse now that the only thing artificially propping up its value just went negative? Can the money printer go brrrr with negative oil? Should I go all in on gold?

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yes

>gold
how fucking new are you, you should have stacked for 6 month already.
biz told you

Remember buying gold means losing about 15% of your money right then and there. And if you're doing it when everybody else is doing it you'll surely end up losing more

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Irrespective of the IPX value speculation, the annual inflation-based reward of 5% in a year by @tachyon will encourage nodes to keep providing the service to our network alongside simulating the proof of stake.

You must be new. DXY and WTI are inverse. This means the printer can go BRRRRRRR even more. It has to even to avoid deflation.

Will the old metrics even mean anything under this new paradigm? How will the dollar maintain value internationally when the asset propping it up just became worthless?

the petrodollar is a big oversimplification of what gives the dollar value. the eurodollar futures market and treasury bill market are more important. and everyone else sucks too. unless you are wealthy and holding cash a stronger dollar also doesn't help you that much, assuming supply chains don't collapse completely.

Not before stocks, but before gold/silver

I realize that petrodollar isn’t the only thing that gives the dollar value but isn’t it the only thing that lets us print endless gibs without triggering hyperinflation? If oil is now worthless why would foreign countries want them, especially since the virus situation is worse here than elsewhere?

This is part of the global reset. America will get hit the hardest, then Trump will use his newfound FED powers to create the new digital dollar.

>new digital dollar
Backed by what?

seriously? this board wont spoonfeed you every fucking thing.

answer the question, faggot.

US dollar has been dead for decades, they've been propping it up like weekend and bernies. Now the emperor's clothes are revealed

80% AR15 lowers seem like the only safe investment right now

Elaborate

Short term, sure. Long term you cannot lose money with gold, also why tf are you buying gold if you aren't holding for 10+ years anyways. gold isn't an investment numb nuts.

>country that runs the world
>collapse
no.

No, everyone is running back to the dollar because it's the only safe currency right now

>actually thinks oil is what props up the dollar

kek. the dollar is crucial to much more than just the oil market. Almost EVERYTHING internationally is settled in in dollars

you brainlets talking about a dead dollar realise this is just a contango on usoil for May June right? Likely clearing up mid year

You retard have no idea either.

>Backed by what?
Eventually this bullshit from Microsoft. So you get awarded from working directly with the chip. The eternal slave. Endtimes.
Meanwhile (((they))) have a switch on you. And they create their currency again out of thin air.
Rothschild wrote 2011 already about it.
I hope you hold some LINK.

Not him but you pay between the premium and sell-back price you loose about 15%

>I hope you hold some LINK.
Ari Jules was not kidding when he talked about assassination contracts

>Backed by what?
BTC you buffoon. The global economy will reset. CBDC(central banking digital currency) is what the European union refers to it as, It will be backed by BTC. chainlink will be the trustless AI that processes payments from the banks to blockchains and vice versas and this new currency will be the daily currency you use, most likely fractionalized from the price of BTC(which the government owns most of). The NSA created BTC in 2001 at the same time they created SHA-256 the algorithm BTC is coded in.

>he still doesn’t know

>If oil is now worthless why would foreign countries want them,

You still need US dollars to trade currencies between different countries. We're the world reserve currency.

Yes.

>chainlink will be the trustless AI

Chainlink has absolutely nothing to do with AI.

>Chainlink has absolutely nothing to do with AI.
chainlink will work with the AI that banks use to process smart contracts, chainlink has everything to do with AI and more.

mhm ok sweetie

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>GLOBAL HOMO AGENDA AMERICA NUMBER 1
>NEW WORLD ORDER CURRENCY = USD
>NO SPACE FOR OTHERS, EVERYTHING MUST BE DONE IN USD OR YOU GET US NAVY PATROLLING INSIDE YOUR WATERS
>NO GOY JUST BECAUSE ONE LAYERING IS WEAK DOESNT MEAN THE DOLLAR WILL WEAKEN

END THIS GLOBALISATION ECONOMY, UNIPOLAR SHITS

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There is a 15% premium for physical gold right now vs the paper price; which is what you'd get if you tried to re-sell your physical to a shop. This premium exists because paper gold is traded on 100oz and 400oz contracts, and the refiners that smelt these big bars down into retail sizes are partially closed and are generally slow to react to retail premium. This is why the paper market is somewhat disconnected from the physical retail market. Eventually this premium should disappear.