Buckle up for this one.
If you’ve been a reader of WeLoveTrump for a while, you know I’m a big fan of Bo Polny.
Bo is a market analyst who specifically analyzes time cycles in the market and in current events.
I’ve had him on my show twice and I look to have him on again soon, perhaps next week.
He recently posted this short 2 minute video and I had to share it with you.
Here’s the quick summary….
What happens when investors and the world suddenly lose confidence in the U.S. dollar?
The USD is a fiat currency, which means it only exists by decree and is only backed by confidence in the United States.
It used to be backed by gold, but that ended in the 1970s.
So now it’s backed by nothing.
And what happens if confidence in the U.S. suddenly tanks, because, oh I don’t know….because people were caught trying to rig the election?