US Dollar - Present and Future

[@NoNonsenseForex]

Opinions and predictions are fine here, just make sure 1) You keep it civil 2) Keep politics to a dead minimum, and 3) Remember KZbin is cutting off long comments these days

[@Ivan-iz6wt]

I already deleted USD pairs from my MT4

[@HajiWarithuHajiTengah]

been buying Gold and Crypto when it was cheap. late last year. I also Hold SGD as it has parity with BND. Both are stable and strong Asian currencies.

[@ilmudunia3142]

Currency: Vietnam Dong - Their economy is developing just like 'early china'. They more open to outside unlike china. Malaysia Ringgit - will stable again after the 'no hope government' term ends. South Korea Won.. maybe. Metal: Physical gold is the best to hold value. Grade 999 (goldbar) & 916 (jewelry) is the best. Lower than that is just so-so.

[@ImmyYousafzai]

@@Ivan-iz6wt REALLY?

[@ImmyYousafzai]

@@hidongcucuk4756 It does not matter who holds the keys. The problem however is that no forex broker will quote the price without a HUGE spread/commission to pay. For that reason, I could not trade the huge "double your money" move on Bitcoin even though I had signal around 4200 levels.

[@rasyudah13]

Who’s here during “quarantine” and sees how relevant this video is now? 🙏🏾

[@KyleBaran90]

Man, lockdowns were already 2 years ago, time flies

[@archravenineteenseventeen]

​@@KyleBaran90hello from 1 year later

[@eleanorbentley3342]

RE: recession . A warning to the younger ones. I work in construction in the UK. In 2007 work was abundant. wages exploded north.... things where great. When it crashed wages lost about 30% in weeks . A month later i was ringing everyone in the yellow pages for work. It was so quick. Sites closed all over the country. I am now making damn sure that it will never hurt me again!

[@slipsonic809]

I know your goal isn't to be a motivational speaker, but you are. After you're done with this youtube and podcast stuff, you should write a finance book. NYT Best Seller, easy.

[@ricardito700]

I’d help fund.

[@jacobnotte3699]

Dude you predicted it I wish I would have watched this a year ago! I take all of your advice and can already see a difference with my trading in just a week. Thanks

[@WSVGL]

I was really waiting for you to make a video like this. Your opinions are always out-of-the-box in the best way possible.

[@steveford8966]

VP - all of your videos and podcasts to date have been pure gold! But this one is pure GOLD and SILVER with a little Ruble on top... Thank you for sharing your wisdom and logic thinking...

[@scottyguy401]

I want to let you know that I appreciate your integrity and honesty. You haven't sold out, and subscribed to having a million ads play through out your videos, or on your website, just as you stated way back when you were starting all of this. Even if you did start running ads and making money off of this wealth of information, I'd gladly accept it. The amount of work and effort you have put into helping others has not gone unnoticed. Thank you for inspiring us. We as a collective whole, are going to GO GET IT!

[@NoNonsenseForex]

Much appreciated. I can't even go to a blog anymore, it's such an annoying experience.

[@scottyguy401]

@@NoNonsenseForex It really is. This whole breaking up an article or blog into 10-15 pieces so that you have to click to a new page and refresh the ads is getting out of control.

[@NoNonsenseForex]

They're all playing the 2011 game, and nobody has gotten the memo yet.

[@kiihdrihz1]

I’m still at it VP. I’ve been watching you for the last 6/8 months And I just Have to say Thank you thank you. And please please keep up the sarcasm in between these videos Lmao it helps me remember that although this is trading and it’s no joke but it don’t have to be so uptight every time I’m focused. So like you said light up sip and listen to you while you clarify the u.s dollar haha Your humor and your way of teaching is really appreciated.

[@NoNonsenseForex]

Well welcome back! Hope the family is well and they're learning too.

[@tbelj]

Although I’ve moved back to trading more options and less forex I still gotta watch my boy VP 🤙🏽

[@ValwithaVee]

I started with 45 dollars and lost 20 dollars in a week scalping eurusd and gbpusd. Then I found this channel. I'm still losing but waaaay less.

[@johnjirehgarcia8382]

VP, you said in the AUD/NZD video that we should try out our algorithms with the harder-to-trade currencies. I agree.

[@njidekambonu6619]

To answer your question on the real life FX game, I am Nigerian and my salary is IMMEDIATELY converted to USD once I get paid. Most Nigerians focus on buying USD or GBP... maybe Yuan is a close third, so it is a thing out here. BUT I am actively looking to buy physical metals after this! I already have some money in ETFs and stocks. I completely agree with you that is the ultimate safe haven.

[@TheYakkis]

Love the last bit, "because I........am not a financial advisor" Thanks for keeping it entertaining .

[@DerrittGambleSr]

This video was a Financial masterpiece; this video alone deserves to be framed in precious metals in my opinion. standing ovation,,, NOW time to apply,,Let's Get It 💪🏾😁

[@mtdarkness82]

You're the only person I know that has the same outlook for the dollar as I do for the same reasons, though I'm more of a psychological analysis trader, which I may have just made up. For real, though, I'm impressed. We're losing our status of global leadership because we have been violating the laws of leadership.

[@hipplel]

Finally! I was hoping you would talk about this topic again VP. After watching The forex q&a podcast #12 I went and bought Chinese Yuan and Swiss Franc ( After doing my own research as you suggested). I work at a bank so I got all the fees waived when I made my purchase. I don't usually comment but felt like I had to because you mentioned the topic haha. Keep up the great work!

[@NoNonsenseForex]

Awesome Hipplel, I hope it serves you well. Nice extra pop on getting the fees waived.

[@hipplel]

@@NoNonsenseForex For sure! Skipping a $15 is always a plus XD

[@tjunior6128]

Excellent assessment per usual VP. A good friend of mine and I have been talking about this exact thing for about a year now. We’ve been loading up metals and crypto’s. God help us all.

[@selasesabah7186]

I am happy to now be abreast of the videos in this priceless channel. Another great piece VP! Somehow from a country that has colonial ties with Britain, I have a GBP account but worth reconsidering. Thanks for this.

[@duartealexandre8712]

You're so freaking complete. Your information is at the same time focused and broad to the point that you even teach us how to protect ourselves from a major economic downturn. Thank you ❤️ #teamVP

[@Riffrshittr]

I really appreciate this advice going out of fx to actually help your followers to do better outside your main syllabus which is fx trading.

[@mohamedfirdauskamsani3135]

Its 2022 now. With whats going on with the Russia war, u nailed it spot on about Russia, China, metals. Amazing!

[@eduardoandradeec]

Even though I trade a bit different than you, I think this video was a very good one. I'd say that diversification takes a lot of the pressure out of performing well at forex too. I think sometimes one has to focus on one particular thing, specially because the forex learning curve is tough, but as soon as possible try to expand the horizons to find other good opportunities.

[@dqtran2526]

VP, I agree 100%. We, Asian, always hold USD and GOLD not under the bed anymore but in a bank. Marry Christmas everyone

[@wongshaun5852]

Hi VP, shoutout from Malaysia... I took a lot of your advice and it really helped in developing my strategy... I am sharing and introducing your advise with many of my fellow traders friends too... hopefully they find your advice helpful too...

[@kumu8879]

Thank you for sharing this information with us VP. You’re helping to create so many financially free people across the world. You are a blessing.

[@alisashikondjo3661]

You awaken a sleeping giant in me in terms of long term investment topic. No wonder we remain poor on my african continent it's because of lack of understanding and access on info such as this. I refuse, i reject i rebuke poverty and i will start thinking and doing what rich people are doing going forward. I bless the day I found you here on KZbin

[@4feeterszwagier]

Vp: " pour yourself a drink..." *Looks at clock* Nothing like a drink at 5:40 am 🍻

[@TheYakkis]

Don't forget to "light up" as well

[@JANICKGMO_]

@@TheYakkis dont mind me

[@joeebanks646]

i am proud of u dude. sincerely impressed. it shows me i am on the right path, i value jocko willink and his podcasts in the upper echelon of things... and clearly you do too. its made a big impact on your life i can tell.

[@MrJoseyldo]

Thanks VP for the knowledge given. they will not be wasted !

[@janiesj9003]

Wow, what a complete coincidence this is for me! I've just started listening to Robert Kiyosaki's podcasts this week and he's stressing the same thing about fiat currency & gold. In fact I just bought some gold today and few hours later this video came out. Diversification has been on my mind this past week and perhaps I should look into crypto as well. Thanks for real life topics like this I love it!

[@laisoonchong191]

Malaysian like to hold properties & gold. We only hold foreign currency for travel purposes

[@emilsonkafintu]

15 minutes into this video VP bammmm! You said it. We were due for a recession. We have one now!

[@haroldyumang9850]

Man every week is GOLD!! thanks VP!!

[@mikelee8327]

Great Vid, I was just talking about this with my mentor last year. He took 20k and bought a bunch of silver. My goal is to buy 5k worth, ateast. This year. Also what sucks about all this is, it's the decisions of a few hundred rich people that steer the course or discourse of the rest of the world. And it's always the little guys like you and I that suffer the most. Again great Video. I hope people prep and take it as serious as a hurricane. Aloha again mahalk nui loa 🤙

[@NoNonsenseForex]

If you know what the rich are doing, you can just follow them. It's a whole new world now.

[@mikelee8327]

@@NoNonsenseForex yep, good thing my mentor is rich lol, dont have to look far

[@emanfood6934]

Coming back to this after USD 2 😍

[@BigMrToe]

I’m vested in crypto’s for awhile now. Just waiting. I do want to learn about metals too. Can’t wait for those. As I’ve said before, I can’t thank you enough. My trading has done a complete 360. You da man.

[@remivitalis8917]

Thanks VP for the video! Actually what I see here is the same as the Intermarket analysis approach that focus on the relational, fundamental and technical analysis. I've already applied the combination of yours and the intermarket approaches and got a very good result!

[@njidekambonu6619]

just the opening - "pour a drink, light up, whatever" and I love this video already LOL

[@jackievanorman9679]

Powerful message! Will be sharing, not only with trading friends, but otherwise like-minded community. Thanks, VP!!

[@ukaszszczepanik3888]

diversification for a new recession: silver (gold/silver ratio around 90 and money printing on a mass scale), Majors only USD and RUB, NOK, SEK, SGD

[@NoNonsenseForex]

Nice. I'm staying away from western countries for the most part, and I like SGD a lot, I just think it may have peaked. For me, silver, gold, USD, RUB, CNY, CHF, a few smaller countries' currencies. I just went in pretty heavy on silver.

[@ukaszszczepanik3888]

at the moment, silver is the number one, i'm also heavily bought, it's my second time since December'18

[@kagimmusi2608]

VP, Thank you very much my brother... the type of information you give us is very exclusive and for that reason i appreciate it from the bottom of my heart. May you be blessed in abundance.

[@primoamoroso2814]

Damn, this is gonna be big. It's scary and fun depends on which side of the coin you are. love it man! 🙌🏆💯

[@mama-cg5ri]

So cancel the dollar and buy the euro?

[@perringerber4688]

I agree with your outlook. Disagree on holding currencies whose central banks have interest rates less than 3%. These are countries that will have to consider negative interest rates to combat a recession. Honestly wouldn’t be surprised to see bank bail ins or central bank failures. Fiat currency never lasts.

[@yoloman96]

If we were to buy silver and Gold, does it have to be in physical or can we just buy and hold it on the actual market?

[@dandanndannnnnn]

I would like to know the answer to this too

[@silenttrader9636]

Physical makes more sense because even if you made a huge profit from the market, all that profit could be lost on your base currency, meaning, the currency you actually use to make deposits.

[@NoNonsenseForex]

Either really. The doomsdayers would say to hold physical gold only, but I'm not one of them.

[@yoloman96]

No Nonsense Forex it’s just that I would feel unsafe keeping that in my house if you know what I mean

[@NoNonsenseForex]

I keep mine offshore. Something to look into.

[@Lunkyful]

Sugar daddy 🤣😂. Nice one.

[@PassportG]

Thanks vp. I stayed away from the eurusd this first half of the year. Banker manipulation too much.

[@franfitzpatrick3936]

Thanks for the comprehensive outlook on all of these topics, I really appreciate the details given on those topics you’ve touched on in past videos/podcasts

[@xavierloo6978]

Hi VP, thanks for the videos, I'm slowly catching up the train. Newbie here. Answer for your question: As some of the Malaysian, apart from MYR, I think they hold USD more than other foreign currencies, SGD will followed closely on the 2nd.

[@mdkhaledhasan8059]

it could be worse than a recession. A depression. Interest rates are closer to zero unemployment rates are close to zero and asset prices are sky rocketing

[@januszkaz1209]

Thx a lot VP for reminder about this Killer !

[@ohthefuture7618]

When I was waiting tables several years ago I had a nice couple telling me that the Vietnam dong is gonna be huge. Said it was a smart investment. Then the woman said "its Biblical". I never bought dong. I bought Bitcoin and have been happy about that ever since. Got in in like 2016

[@BurnKushington]

Realest nigga out here. My dawg said "pour a drink and light up."🤙🏾🤙🏾🤙🏾. I like how he lets us know we don't have to be these forex zombies with no social life.

[@ahmedsafwat1460]

Thanks VP for your awesome talk! Appreciate it if anyone can help with why liberal politics tend to have a negative impact on business since I am totally new to this stuff.

[@Joe-so1kk]

Great video! Are you basically holding ~90% of your portfolio in safe havens(cash/gold/crypto) now, waiting for a recession to come and then buy stocks and real estate then?

[@NoNonsenseForex]

That's the idea, buy everything when it's cheap. Closer to 80% as it stands.

[@ngjoehoong111]

Thanks VP, btw what are your thoughts on Norway and Sweden? Especially Norway with huge government investments

[@tonygatto48]

Fast forward to today and video is like a crystal ball.... good on ya

[@afonsosalbrecht]

watching this video during COVID-19 and seeing VP talking about possible upcoming recessions! hahahaha

[@lucapuzzoli8363]

Thanks for sharing your knowledge VP . Do you think birth rate influence the economic growth of a country? Companies would want to invest in country with lots of young people ??

[@NoNonsenseForex]

Those young people have to be put in a position to succeed though. Not a bad angle, but a lot more to it.

[@nestrella1839]

This is insane and on a different level. Everything just makes fucking sense. A complete shift of perspective. Amazing. Thank you, VP!

[@fxstarshot9250]

Love this VP. I guess you saw signs more frequent now for you to emphasize this again to your students......more and more nails on the coffin now. , I am with you on the three things that you mention 22.39

[@baccaratclub5754]

we also don't have budgets anymore. spending like crazy

[@rahulchahal5360]

Europe, Japan, China and number of other countries not only do QE but are stuck with near zero interest rates. Gold, Silver and other precious metals should be good long term.

[@carlosmaron1370]

Prophetic. We are still on time, but we´d better hurry

[@cpbpapin8458]

This is what I am looking for. I’m definitely on that way since I understood what the reality is. Thanks to mention it Xxxx

[@ELMoroPicasso]

Give thanks for the ongoing wisdom and guidance. Salute.

[@God__Is__True__4__Us]

Thanks For The Words Of Wisdom!

[@Troy_34]

Much appreciated for this. Its always great to keep in back of head. For me, I hold onto silver, usd, rub, chf and crypto. And temporarily moved my stocks to bonds. I think the recession will happen after summer but before 2020, imho.

[@NoNonsenseForex]

See you at the finish line!

[@andrewantonios5827]

Great post VP ...silver all day long.

[@visionsdb6695]

Hi VP, I wonder that since metals trading is now only 1:1 is correlated with a possible upcoming recession, also look up solar cycles and peter temple when it comes to the universe and economics recessions . Appreciate what you do VP, Bless.

[@scottbeck7227]

Great video and well thought out. Thanks again VP!!

[@kitchenspiral]

Thanks for the heads up, VP!

[@carolineweber941]

evergreen channel!

[@gihanchamara2594]

thanks VP. but buffet strongly against gold. if we want gold i think the best option is not having physical gold but gold backed currencies like CHF.

[@NoNonsenseForex]

Buffet has LOTS of gold, believe that.

[@eman1989z]

Changed your mind now?

[@mashroorsiddique724]

KZbin's messin up. Got no notification of the video.

[@PassportG]

I got notification. Nothing wrong with KZbin.

[@1CarlAnthony]

Thanks VP, as always, for the sage advice!

[@philnewpower]

I absolutely love this video, diversification is the long term holy grail for wealth. Ray Dalio believes in this method, and look how wealthy he is. My prediction is Poland making a rise in the global economy... They have a huge amount on silver and gold. And a not so green, but uprising economy. They are between Russia and Germany so they're in a good location too (not part of€)

[@NoNonsenseForex]

I am very bullish on Poland

[@philnewpower]

@@NoNonsenseForex okay! Well the thought only popped into my head after watching your video, but I first started looking into this when the government made a withdrawal of all their gold deposits from London just before Brexit (smart move). How's your mastermind collection of digital nomad's going VP?

[@philnewpower]

@@NoNonsenseForex oh yeah, and they are the 5th largest country to hold silver.

[@justgjt]

Contrarian investing . . . luv it ! 💚

[@toadmove3774]

All countries use quantitative easing, it comes through incredibly low interest rates. 0% interest rates mean banks are able to loan for incredibly low costs which encourages them TO borrow money from the central bank and loan it to others. This is where the printing comes from. All the countries do it, the most egregious examples right NOW being the EU and Japan

[@NoNonsenseForex]

Yeah, it's using vs abusing in these cases. When there's no apparent consequence to doing it, just like disciplining a child, they're going to keep doing it until they get punished.

[@toadmove3774]

@@NoNonsenseForex Ja, great video though. I do, however, recommend buying the Yen in addition to what you said, being the world's largest creditor means huge inflows come recession time... I'm a huge fundemental long term trader combined with short term sentiment analysis... investor maybe as you would call it lol... but I find your videos incredibly refreshing and unlike any other trader on KZbin! Your algorithm works very well with a fundemental type mindsight aswell since you just swap in the confirmation signals based on X fundemental, then use technical indicators for everything else.

[@ogacrosby3185]

VP you killed me with the Omar reference...lol...REAL SHIT THO!!!

[@bennethezulike6844]

Thanks VP... I find this video very helpful and educational but, there is one thing that borders me. How do you diversify into these metals and listed currencies for a long period of time without brokers swap fee eating deep into your profit?... I know my question is stupid, I don't know how you do it but I would like to know if you hold them physically in your local bank accounts or what. I'm ignorant on this, pls I would like to know. Thanks

[@NoNonsenseForex]

Swaps only get you if you're in a pair, hence the word (swapping one for the other). If you hold them individually, this doesn't exist.

[@bennethezulike6844]

Thanks VP. Now I have a better clue.

[@AlbionPt]

A noob question for the experts out here. Do you recommend holding physical gold bars or taking a long position on gold on a broker exchange? Thanks

[@NoNonsenseForex]

Totally your call. There are ups and downs to all of it. My metals are held offshore, and this choice lies somewhere in between the two extremes.

[@AlbionPt]

@@NoNonsenseForex Thank you VP for finding time to answer me. I appretiated that. Keep all the good work.

[@c.nobles1248]

Vp mentioned hanging out at a bar with him and talking shop, in my head I imagine that after a couple of drinks, he starts the humming song like on wolf on wall street, and then we all joyously join in.

[@aaronpeters6209]

better off paying attention to financial newsletters. Stansberry & curzio research are solid. Martin Armstrong is my go to though.

[@NoNonsenseForex]

I got a few myself, and I keep those sources quiet. Yours are very solid tho.

[@soto7774]

Where do you buy gold and silver?

[@redevil5k]

VP in 10 years we go for a beer. Just to brag how rich we are :) Thank you! PS From now on, if someone asks me how to invest money, this is the video I'm sending them. I will never be able to explain it better.

[@oscar-di8gw]

hi VP. what do you think about adding rub to the trading category?

[@NoNonsenseForex]

Too illiquid for me.

[@luqui633]

thanks VP for another amazing video!

[@emn3333]

Thanks VP great video and I hope you do this kind of video more because I'm learning a lot.

[@Iamnotddb]

Can someone answer my question like you’re explaining to a 13 year old. HOW DOES ONE HOLD GOLD ? Does he mean like buy it like we buy currency in the market or like buy it physically? Same with currencies , how do I buy those physically? I know I’m coming off as stupid but I genuinely don’t know 🤷🏻‍♂️🤷🏻‍♂️🤷🏻‍♂️. Otherwise, everything else he said makes perfect sense .

[@richboom]

Hi VP do you recommend tracker funds gold / silver ?

[@ezengineering4363]

Thank you for all your content

[@nexus9529]

Hey VP, I would love to watch more videos like this one and learn more things!! what about real estate? what do you think?

[@NoNonsenseForex]

Not a fan. Feels like a top.

[@nexus9529]

No Nonsense Forex Ok, got it! Thanks for the quick response!

[@chizioto]

Wish I watched this video last year

[@pestd9206]

My favourite video Vice President 👌🏻

[@NoNonsenseForex]

Love hearing it.

[@warren1871]

Thanks VP for sharing your thoughts and wisdom, I totally agreed with your view, when the shit hits the fan, those countries have the most gold vs the actual value of their respective currency would be more dominant to the world economic stage and might even change the landscape of the world economic power and reserve currency.

[@sareevandanas7858]

I'm new into your channel, need to learn a lot from you. Btw, what about Singapore Dollar? I keep a little on it and also THB, because I do travel often there.

[@jeffreywhite4091]

Going off topic a little..can you say where one can buy physical gold from a reputable seller/s ...thank you sir

[@NoNonsenseForex]

I hold mine offshore, but APMEX is solid and has a great selection.

[@jeffreywhite4091]

@@NoNonsenseForex Thank you

[@johnathangrey3463]

Guns, gold, glory, guts, God, girls. I love AMERICA.

[@johnathangrey3463]

Cool video VP. But I think we never had a free ride. America always gives money to the world. And we keep doing it.

[@VilkasDe]

Much appreciated for all this info VP, learned a lot. Thanks!

[@VincentVersetti]

Is it smarter to buy actuall gold/silver in your local jevelary Shop, or buy them as a Financial asset?

[@NoNonsenseForex]

Do not buy from a jewelry shop