The End of the Dollar Is Suddenly Near

Andy Snyder|March 2, 2022

“How did you go bankrupt?” he asked.

“Two ways. Gradually, then suddenly.”

We don’t often turn to Ernest Hemingway for financial insight, but those two lines from The Sun Also Rises are powerful in their truth and simplicity.

But it’s not just bankruptcy that begins slowly and then erupts at an explosive pace.

We’re sitting on something today that is ready to flat-out blow.

A Sudden Boom

Most folks have seen it coming. But thanks to the action of just the past few days, the big boom could come quite suddenly.

Most will suffer. Some will prosper… perhaps handsomely.

To see what we mean, we merely have to close our eyes and think back two short years ago. As so many have said, when COVID-19 broke out, we got a decade’s worth of technological change in just a few weeks.

Folks are working from home. Restaurants are finding big success… without ever opening their doors to a customer. Docs are meeting patients remotely. The virtual world is exploding.

The list goes on.

All of this was coming. We know the tree will eventually fall on its own. It must.

But then a pandemic came through with a sharp and fast chainsaw and cut the whole forest down in a matter of days.

Thanks to a big catalyst, we got a lot of change all at once.

As Hemingway would put it, it was quite gradual… then sudden.

The Right Place

For investors, this sort of thing is a tremendous opportunity. Stocks at the center of it all soared 50%… 100%… and even 300% in mere weeks.

And it wasn’t just small, unknown stocks that made folks big bucks.

Nvidia (NVDA) – a blue chip in the computer world – went from $60 per share in January 2020 to a recent peak of $246. That’s a gain of more than 300% from a company whose investors knew big change was coming… and were in the right place when things went from gradual to sudden.

Fortinet (FTNT) is another. The work-from-home trend treated it quite nicely. Shares were just $115 each going into 2020. By the end of the year, they were up 142%.

Today, with the trend continuing, they’re up 200%.

But those gains – at least the big ones – are largely in the past.

Hemingway’s “suddenly” has already come.

That’s fine… because we’re sitting on the edge of an even bigger change. Its effects will be far larger and much more jolting. The gap between the winners and the losers could be huge.

A Sudden Demise

We saw a bit of the “suddenness” of it all on Monday… when Bitcoin surged by more than 8%.

The world cut Russia off. And Russia cut the world off.

Suddenly the old system – which everybody knew was slowly marching to its grave – took off her heels and quickened the pace. The gradual speed of our outdated monetary system’s demise hastened, that demise now looking a lot more imminent.

Just as COVID-19 catalyzed tech trends into action… the nasty battle in Europe is quickly adding energy to a trend that looks to upend our monetary system.

It started when Canada locked protestors out of their money.

It gained speed when the world’s SWIFT system – an antiquated, 50-year-old system for tracking funds – finally made its way onto the nightly news.

And now it’s rolling like a runaway train as folks in Ukraine and Russia wonder where all their money went. They’re bidding up the only alternative they know… Bitcoin.

Change Is Here

Until this point, things in the crypto world had been moving quite gradually.

We’d seen only pockets of adoption here and there.

But that changed yesterday when France said, “We are going to deliver a total economic and financial war against Russia.”

Bitcoin surged further on the news.

Big change has been coming. We all knew it would arrive sooner or later.

But suddenly, it’s here.

This could very well become the biggest economic story of our lives.

“How did the world lose the dollar?” they’ll ask.

“Two ways,” we’ll reply. “Gradually, then suddenly.”

History is happening.

Note: We have our eye on three cryptos that could soar because of what’s happening. Before you think about buying Bitcoin… you must watch this short video.