Why the US Dollar (USD) is such a big deal globally — and what might happen if the system behind it starts to break. 1. A Bit of History In 1973, the US stopped backing its money with gold. Instead, it made a deal with Saudi Arabia and others: “Only sell oil in US dollars.” … Continue reading The Dollar Doomsday: Why the World’s Financial System Is One Shock Away from Collapse.
Tag: Stock Market
Nifty Update March 16th. 2019
Nifty saw a good move on Friday, it opened above 11,370 and quickly settled near 11,420. My recommendation to short Nifty March 14th. around 11,350 did not work as the gap up was pretty high and trade was not executed. This was good as no trade is better than a loss. I would request you … Continue reading Nifty Update March 16th. 2019
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