The U.S. dollar is moving sharply higher. This may come as a surprise to
many, as it is widely known among the precious metals community just how
abused and taken advantage of this fiat currency is.
Yet, as of this morning, it is indeed moving higher. Why is this? Could it
have something to do with the unfolding news around the Republican
nomination? This is incredibly likely.
Just last night, it has been all but guaranteed that Donald Trump, the
hard-nosed, say it as it is, contender for the White House, will be the
nomination for the Republican party. Decimating his one true remaining rival
Ted Cruz in Indiana, he has forged a path forward that will see him taking on
either Hilary Clinton or Bernie Sanders in the race for the White House.
So what does this have to do with the U.S. dollar moving higher? It has a
lot to do with it, as Donald Trump has not been shy about what he plans on
doing once in power. He plans on doing something that hasn't been done for
decades in the West - he plans on taking care of HIS country first and HIS
people first, rather than trying to be the watchdog and policeman for the
rest of the world.
These past actions and ongoing actions have resulted in an America that is
completely and utterly broke, morally and economically. The people know this
and are ready for some real change. They are ready to start rebuilding
themselves and their country.
Despite the almost never-ending attacks from his own party and the
mainstream media, Donald Trump has been able to persevere, proving the fact
that people are indeed ready. The U.S. dollar is further reinforcing this, as
"taking care of America first" means that the hollowing out of
America will cease and manufacturing will return back home, causing a boom in
job growth.
This will result in a flourishing economy, the likes of which hasn't been
seen in America for decades. If this trend is able to reverse, then America
just might have a chance of turning off the path of total collapse that it
currently finds itself on.
This is a lot of "what if's" and "maybes" but
unfortunately, the loud-mouthed Donald Trump is the best shot that the West
has for getting back "on track" and hopefully, eventually turning
things around and getting us back on the path towards prosperity.
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Nathan McDonald is a libertarian, entrepreneur and precious metals
enthusiast. He has always taken a keen interest in free markets and economics
since an early age, which naturally led him to become a true believer in
precious metals and all that they stand for.
Nathan served eight years in the Royal Canadian Navy as an
electronics technician, seeing the true state of the world, before starting
his first successful business. He has since gone on to create a number of
businesses, all of which are still in operation and growing.
In addition to this, Nathan runs a network of successful precious
metals blogs, and a growing newsletter that has attracted readers from all
around the world.
He is a regular and highlighted writer for the highly respected
Sprott Money Blog, which covers world events, geopolitics and of course
precious metals.
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The views and opinions expressed in this material are those of the author
as of the publication date, are subject to change and may not necessarily reflect
the opinions of Sprott Money Ltd. Sprott Money does not guarantee the
accuracy, completeness, timeliness and reliability of the information or any
results from its use.
