Trades in LOCAL CURRENCY V/s. Dollar. What does it mean for USA and India?

 13^th July 2022

Trades in LOCAL CURRENCY V/s. Dollar. What does it mean for USA and India?

Dear Fellow Investors,

Namaste! The world is changing and it is changing at a faster rate than one can imagine. Amid the WAR and Inflations issues, India has declared to trade in Rupees with Russia. The RBI will allow trades and both the countries will open VOSTRO accounts to see the balance of payment with each other and decide what to do with the surplus.

How the TOP investors are doing their money management?

If you want to become a good investor – you need to understand what the BEST investors are doing Worldwide. The problem is that they are invisible and they don’t come on your business channel. So, those who know only MEDIA – miss them. 90% of the average investors follow the MEDIA and GOOGLE and they don’t have the time to analyze the global trends.

Let me share some of the changes in the global trends.

Launch of EURO: -

In 1999, they launched EURO. It was digital currency only at that time. But by 2002, notes and coins came and the currency was initially accepted by 12 countries.

The TOP investors in the USA knew that the Dollar will die someday and they need to have some solid alternative and they allowed EUROZONE. The local currency and the game are set. Unfortunately, the EUROZONE failed in the last 20 years and the EURO didn’t become a strong currency from TRADE's point of view. Most European countries did poorly in terms of economic developments and it failed the prospects of the EURO.

BITCOIN and Other Crypto Currencies: -

Exactly after 10 years in 2009, the new kid on the block came in terms of digital-only currency. Big money was printed and diverted to Bitcoin. When the game became interesting – all the countries world over brought various kinds of restrictions on the same. The funny thing is why WHOLE WORLD suddenly became against CRYPTOS? Another funny thing is why the USA is still not against the same?

China’s RENMIBI rise: -

While this game was being played out – CHINA increased its TRADE and silently increased the % of settlement in YUAN. Yuan was gaining momentum against the DOLLAR. From 2020 – CHINA is being busy dealing with COVID and the economy is not as strong as it was in 2019.

Who sabotaged CHINA? This is also a secret. Why did China follow ZERO Covid policy and stopped the booming businesses in the post-Covid situation? Last week, they locked down MACAU.

China was doing trade in YUAN with its dependent countries like SRI LANKA, PAKISTAN, and some South African countries.  

India – Russia – IRAN trade: -

Since IRAN was banned by the western counties – we had food for the oil trade with IRAN. However, with Russia, we are opening a RUPEES denominated TRADE and going officially with it.

What is happening at the World Level?

Have you seen a child playing with a toy? He will love it so much that he will keep the toy for 24 hours with him. While sleeping also he will keep the toy next to it. I am sure you would have seen that fun. But once the NEW TOY comes – you will see that the child will not look at the old one.

Now, visualise that somebody used the DOLLAR in the last century. Particularly they started printing more and more dollars from 1971 onwards. So, for the past 51 years, the DOLLAR was kept the king. But the USA economy is not performing in the last 20 years and they know for sure that DOLLAR will not last long. So, they are trying with EURO / BITCOIN / YUAN and now RUPEES. The idea is to find out a strong alternative to the dollar and they can bet their trillions on that country.

What are the possible future scenarios due to the above moves?

1.   No RECESSION: - When multiple currencies are used in the TRADE – the USA dollar leads to inflation and recession and can’t be transported to India. Say we are buying oil in rupee from Russia and OPEC increases the prices in DOLLAR. It will not impact us but it will surely impact the USA citizen who has to pay the prices in dollars. So, the USA has had the highest inflation in the last 40 years.

 

When local countries do well in terms of economy– the recession will not be an overall phenomenon but a local phenomenon and some countries will do extremely well in the coming time.

 

So, on 9^th July 2022 – we wrote - Tom Dick and Harry are talking about the Global Recession. What is our research? https://bestofhiteshparikh.blogspot.com/2022/07/tom-dick-and-harry-are-talking-about.html

 

We don’t agree with global RECESSION how created by vested interest. Read the above post.

 

2.   India becoming Number 1: - Way back in 2012, we had predicted that India will be at the top from 2014 to 2032. In a recent post on MODI ji, we had said the golden period of Modi Ji is starting again from August 2022 onwards. The way we have launched the rupee scheme and the way FII selling has not impacted the market much is proof that we have a strong resistance power in terms of the economy.

What was our call for USA and CHINA?

Way back in 2015 – we had written our post on the USA and categorically said PLUTO – the god of death is passing in the 8^th house of the USA chart till 2024. So, the USA will have death-like experiences and transformation without a doubt. Look at the USA economy in 2015 and now.

We always keep you way ahead of the EXPERTS and Market Events.

For CHINA we have said in 2017 and later posts that we see the CHINA will be spitted in coming times. The current PLUTO is in LAGNA and I see that CHINA will go through the TRANSFORMATION by 2035. Just relax and see the accuracy of our predictions.

Accuracy is our specialty.

Let us see the scenario in totality: -

Europe is dead. The USA is on the way to death. China will be split. Russia is not powerful economically. Japan is also in debt.

India is at the sweet spot in terms of leadership/economy/quality of education and political will.

Naturally, the hidden powers who have allowed India to start with the RUPEE trade are aware of the above positives.

They want to bet big in India and they will surely do. I maintain my MOTHER OF BULL RUN in INDIA’s market given in MARCH 2022.

What NEXT?

India and the Indian market will make new highs. The place to be is in India / Invest in India and Indian equities are the best way to make tons of money in the coming DECADE.

If you are alive in 2032 – you will see that 2022 provided the golden opportunity for investing and creating wealth.

If you want to STILL MISS even after reading the above – nobody can make you rich.

In the moment of your decision – your destiny is decided.

Follow me on Twitter @hiteshmparikh / WhatsApp - +91-9869425399.

Learn a Lesson. Live with Passion & Invest with Reason.

Hitesh Parikh.