The US dollar has already lost its status as the Petro dollar.
It is in the process of losing its status as the worlds reserve currency.
(BRICS planned new gold backed currency and USA's own domestic issues like national debt and uncontrolled printing of the FIAT dollar etc)
Question:
If the dollar loses two thirds of its value in the nearby future and in a short period of time.
1) What do you think will happen to your brokerage/trading account?
2) What will happen to your broker if all of his assets are kept in USD during such an event?
3) How do you think it will affect your trading capital?
Let us stick to the questions above and not get into why, if and when will it happen?
It is in the process of losing its status as the worlds reserve currency.
(BRICS planned new gold backed currency and USA's own domestic issues like national debt and uncontrolled printing of the FIAT dollar etc)
Question:
If the dollar loses two thirds of its value in the nearby future and in a short period of time.
1) What do you think will happen to your brokerage/trading account?
2) What will happen to your broker if all of his assets are kept in USD during such an event?
3) How do you think it will affect your trading capital?
Let us stick to the questions above and not get into why, if and when will it happen?
Never Ever Give Up!