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1 The dollar going up is what breaks the back of the world monetary system, so a lot of these people who keep calling for the dollar to crash for gold to go up or something, I just laugh at them because the world monetary system is going to do great if the dollar goes down.
4 The dollar is not even a petro currency. That is an absolute falsehood. If you take the energy (sector) and compare it to global GDP, you’re talking about 7%. I don’t care if you want to price it (oil) in Turkish Lira, it’s not going to change the dollar.
