3 Reasons Why This Hated Investment Is Set to Soar
I’m bullish on the United States.
I’m optimistic on where our country is going to be in five years, and in 10 years.
The reason I believe this is because so many transformational technologies are ready to skyrocket.
These technologies are why I have been telling you since February 2016 that the stock market is going to go up … and keep going up.
People were unbelievably negative on the stock market then. Readers wrote in, demanding my publisher fire me immediately.
It was worth taking that risk, though, because you’d be up more than 60% if you’d have bought in at that moment.
Today, I’m building on that call. I’m going to say something that’s going to get me in trouble again.
That’s because this call is similar to my unpopular call for stocks to go up in February 2016. This investment right now is hated. Despised even.
I’m certain that once you find out what it is, I’m going to be told that I’m a fool for being positive about this hated investment.
A Hated Investment
It’s the U.S. dollar currency.
You see, right now, there’s a panic to sell the U.S. dollar currency.
Some are selling because they think that President Donald Trump is firing up a trade war.
Others believe the U.S. economy is going to crash.
Others think that inflation is about to soar.
These people are wrong. Completely, utterly wrong about what is going to happen with the U.S. dollar.
Here’s what I believe is going on with the U.S. dollar…
The End of the Dollar Bear Market
I believe the U.S. dollar is ending a three-year bear market. This is a time period where it lost ground against everything from the euro to bitcoin.
I believe that this bear market is ending now because of three reasons.
First, interest rates are going up, because the U.S. economy is growing. Soon, money is going to come flooding into the U.S. economy to get a piece of this growth. That’s going to spike the demand for U.S. dollars.
Second, the tax reform package passed in 2017 made it worthwhile for big companies like Apple, Google, Microsoft and others to bring home the billions that they’ve kept overseas. They’ve been waiting for exactly something like this for many years … and now you’ll see billions from these sources flood to buy U.S. dollars, sending the currency soaring higher.
Last, as interest rates rise, people are going to increase their savings, because higher interest rates without rising inflation means you can make money by simply putting money in your savings account … in other words, without risk. That’s going to create demand for dollars too, which is also going to send the currency rocketing higher.
One more thing. As the U.S. economy shows rising growth, it’s also going to increase the demand for U.S. assets — stocks, real estate and businesses — which means even more demand for U.S. dollars.
Bottom line, the demand for U.S. dollar currency is set to moonshot higher and will send its value surging.
Now, you’ll get the benefit from this if you own U.S. stocks … because these will go up as money floods into the U.S. stock market.
However, if you want to take a direct bet on what I’m saying, you can buy the PowerShares DB U.S. Dollar Bullish ETF (NYSE: UUP).
Editor, Profits Unlimited