The Milkshake Reloads: The Dollar Index has crashed to its lowest...
Roberto Rios@peruvian_bull
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Apr 22, 2025
~1 min read
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The Milkshake Reloads:
The Dollar Index has crashed to its lowest level since April 2022, and bears are celebrating the oncoming collapse of the greenback. Little do they know, this only makes the system stronger- and changes the nature of the Endgame.
A THREAD 🧵
The Dollar Index has crashed to its lowest level since April 2022, and bears are celebrating the oncoming collapse of the greenback. Little do they know, this only makes the system stronger- and changes the nature of the Endgame.
A THREAD 🧵
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This month, amid chaotic trade policy moves and volatile global markets, the DXY (Dollar Index) has weakened considerably. The drop is mostly being driven by ongoing trade tensions with China, where both countries have imposed heavy tariffs on each other.
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Since the beginning of 2025, the DXY has fallen about 8.3%, and this latest dip below the 100 mark is the steepest slide we’ve seen in years. Right now, the dollar is clearly under pressure, and people are watching closely to see what happens next.
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Dollar bears on X/Twitter have been celebrating this move, decrying the coming end of the dollar system and rise of gold as a new global reserve currency. (Ironically, this will likely play out eventually, just not the way they think)
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Peter Schiff for example on Kitco News last week proclaimed:
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Peter claims that the rising gold price and falling dollar are indicators that the dollar system is coming to an end; and while he is correct about the prognosis of the US fiscal situation and the fragility of the global monetary system, he is incorrect about how the dollar endgame (cough cough, my book) will play out.