Back in September, I wrote a post explaining why the dollar will not crash on September 27th, 2016. This date was selected within the Global Currency Reset crowd as a day of doom and gloom. The dollar is supposed to tank on that day and within the chaos, the global currency reset would cause gold to skyrocket. It would also cause the dinar and other overprinted currencies to revalue as the dollar plummets. So I took on the task of explaining to those who live in fantasy land why this is not the case. I supplied links and gave reasons why it was not possible.
Of course, as everyone knows, September 27th came and went and there was not any collapse in the dollar. In fact, the dollar went up in value on that day. The dollar continues to outperform every major currency around the world. I supplied links to show how strong the dollar really is and I asked people to set aside their conspiracy theories and search for the truth. As soon as the date passed a new date was set by these same people. The thumbnails were changed on every video on YouTube that said the dollar was going to collapse. Some of the pictures were the same but the new date was on the thumbnail. Comments were not allowed on any of these videos.
Why do people do this? First, these people make money from the many advertisements that are placed within their videos. Some videos have as many as 10 advertisements. As new people in the YouTube community discover these videos these guys collect the revenue. Instead of making new videos every time the date expires they just change the thumbnail. This causes the video to get more views and as a result, it ranks higher in YouTube’s search engine. Second, many of these guys have links to places that sell gold and silver. Some of these guys also sell prepper supplies. If they can scare you into thinking that the dollar is going to crash and the economy is going to come to a standstill then they can also sell you things to survive the coming calamity. That is the motive behind most of these videos and it’s shameful
The new date is December 31st, 2016. When that day comes don’t be surprised if the thumbnails are changed out once again and a new date is set. This is how these scam artists make money. They use junk economics and list many faulty assumptions based on incomplete data. The problem with this is the victims they leave in their path. People fall for this B.S. and it disrupts their lives. Most people know nothing about economics and when they see the misinformation they become fearful or they become preppers. They tend to buy gold and silver in excess. They invest in the dinar and other worthless currency to survive the supposed coming downfall of the dollar. They get loans from their retirement accounts and they sell family heirlooms in order to purchase this stuff and survive the GCR. I have witnessed this first hand. This has become big business!
Many people who have fallen for this malarkey have urged me to wait. They predicted that the dollar is still going to collapse before the end of 2016. Some have said that it would collapse sometime in October. They point out things like the Chinese Yuan becoming part of the basket of currencies, or they believed that the election results would crash the stock market. As I pointed out many times, The Yuan is not going to drive every U.S. dollar out of the central banks around the world and china has their own set of problems. The Euro has its own set of problems as we can see with the Brexit and the European Sovereign Debt Crisis. Many of the Eurozone countries that use the euro are repatriating their gold from central banks around the world. Even Iraq exchanged all their euros for gold.
The truth is the dollar does not have anything that can fully replace it at the moment. The U.S. had somewhere around 2.89 trillion in exports for 2015 alone. All this means that the dollar is not going anywhere anytime soon and the date that the con-artists set is merely another attempt to scam money from the uninformed! The dollar has gained even more strength since the election!
Stocks Rise Sharply in Dramatic Turnaround After Donald Trump Wins Election
The new date that was set by these guys falls on a Saturday! The funny thing is the markets are not even open. How can the stock market crash on a day it is not even open? This is also New Year’s Eve! It is highly unlikely that the market will crash on a holiday weekend! I made a video for our YouTube channel that explains all of this