click to enlargeForget oil. Forget precious metals and base metals. Forget every single conspiracy theory from the tin foil hatters.
The US dollar is the whole ballgame right now, and this chart says that the dollar is about to take a well-deserved break. The moves in everything else will march to the drum of the dollar, and let's go on record here: I fully expect the dollar to reverse and weaken off this (approx 80) high and allow copper, silver, gold and the rest to rally.
The US dollar is the whole ballgame right now, and this chart says that the dollar is about to take a well-deserved break. The moves in everything else will march to the drum of the dollar, and let's go on record here: I fully expect the dollar to reverse and weaken off this (approx 80) high and allow copper, silver, gold and the rest to rally.