Salvador Di Stéfano, known as the “Blue Guru”he launched a hard warning to Argentine savers: why he says that speculating with the dollar is a bad business and what he recommends to do instead of buying tickets.
In the midst of the growing exchange volatility and with the blue dollar bordering the US $ 1,315 in the parallel market, the financial analyst shake again the board with a direct warning to the savers: “He who speculates with the dollar melts.”
With his front style, also known as the “Blue Guru” analyzed the current exchange time and left a key message for those who bet on the dollar tickets as a refuge: “You did not have to stay in your hand with the dollar. They embedded you.”
What did Di Stéfano say about the dollar and inflation?
During a radio interview, Di Stefano compared the evolution of the informal dollar with the accumulated inflation in the last twelve months and highlighted the loss of purchasing power of those who hurt without a clear strategy.
“Blue increased 38.8% while inflation was 220%. That is, if you stayed still with tickets, you lost,” he explained. In his vision, the economic program promoted by the national government “invites you to work, not to speculate.”
And it went further: “When a client comes to the consultant I ask what she is doing to produce more and reduce costs. That is the mentality you have to have today.”
Criticism of companies that stock dollars
Di Stefano was also critical of those companies that seek to cover themselves accumulating stock instead of investing or improving processes. “There are many complicated companies for having speculated. The one who does that ends melting. It is not time to play the dollar,” he shot.
Their statements arrive in a context where the exchange gap is kept high and the government intensified its intervention to contain the Blue dollar, which today quotes around $ 1275 for sale at the National Bank and $ 1315 in the parallel.
Why the “Blue Guru” believes that the dollar will not upload much more
Despite the recent increase in informal price, the analyst said that it is a “transitory” phenomenon and called for calm. “You don’t have to worry. 18 months that the government has a fiscal surplus and a new IMF disbursement for US $ 2,000 million is about to arrive,” he said.
With an eye on the legislative elections of September in the province of Buenos Aires and the nationals of October, Di Stefano considered that “the market can corcovear, but the dollar will not pass from these values.”
“People have to look at the polls and stay calm. At an economic level, things are fine,” he concluded.
What do you recommend doing the “Blue Guru” instead of buying dollars?
Far from promoting a dollarizing strategy, Di Stéfano insists that today the focus must be in productivity. “Do not put your head in the dollar. Think how to sell more, how to be more efficient. That will save you, not have the tickets saved in a box,” he advised.
The message is clear: in a context of still high inflation but with signs of macroeconomic reorganization, speculation with the dollar no longer yields as before. And, according to the “Blue Guru”, it could be a dangerous trap for those who bet in the short term without looking at the political and fiscal context.
Source: Ambito
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