I have heard rumours of an upcoming “bank holiday” in the US, probably in November, when they would switch the dollar to a global currency. Does anybody know anything about this?
All that I can say is that the technicals and fundamentals aren’t looking too good right now. Technicals seem to be indicating a 1987-style crash soon as well as a strengthening dollar. A second 2008-esque banking crisis could push the government to creating a new banking holiday.