posted on May, 20 2011 @ 02:59 PM
I've given the example of the US Dollar-Swissy pair here before. I feel it is a more accurate representation of the US Dollar's heath than the
dollar index considering the rampant price manipulation of commodities and excited margin rates.
The dollar isn't strengthening folks!
That's an absolute lie. It has performed a retracement. A retracement is just a natural movement in the opposite direction as the price continues to
follow a trend. In the following chart, you see that the US Dollar did a 50% retracement before correcting. The US Dollar will now continue to
, because that is the current trend
So how long has the dollar been loosing its value?
The following chart is an expanded view of a daily chart. You'll see that from December of 2010 to the present that the US Dollar is loosing its
value at a very healthy
The US dollar isn't bouncing back anytime soon.
With the devastating financial crises of the US government and a shriveling gross domestic product, there is no recovery
. This last chart
shows the demise of the dollar since January of 2001. There just isn't enough money or infrastructure in the system to support a recovery against
Do not listen to economic advice that refers to providing a "recovery". They are just trying to sell you something. Instead, what needs to be done
is "damage litigation". It won't matter if the whole of US shows up in the White House parking lot to protest austerity. Austerity is a "reality".
It's time to plan for the damage.
edit on 20-5-2011 by CodeRed3D because: (no reason given)