Could The Dollar Plunge To 2011 Lows?

[24KT]

In Other Global Currency Trends ... 

Could The Dollar Plunge To 2011 Lows?
Currency Markets: The Next Crisis Has Begun

This week the Dollar (UUP) broke through 80.40.  This is a major development as it signals that the current daily cycle topped in only 2 days, thus confirming that the intermediate cycle has also topped.

Daily Dollar Chart


I’ve been warning for months and months that this was coming.  Anyone with a modicum of common sense knew that printing trillions of dollars was going to eventually have consequences.  There is no escaping the inevitable; if you aggressively debase your currency eventually you are going to have a currency crisis.  The first one has now begun.

Over the next 3-4 months the dollar is going to test the lower trend line of the megaphone topping pattern and ultimately break through.  When it does we are going to witness a spectacular collapse in the dollar, probably testing the 2011 bottom by the next intermediate cycle low due in November.

- See more at: http://www.bigtrends.com/etf/could-the-dollar-plunge-to-2011-lows/

[The Enigma]

you do realize you're talking to mindless retards with no money on GetBig

just saying

[syntaxmachine]

At least this post contains a falsifiable empirical prediction. I'll be sure to bump this when the prediction is rendered false.

[24KT]

you do realize you're talking to mindless retards with no money on GetBig

just saying

There are a few very savvy and very sharp minds here, ...just a few mind you. 

[24KT]

At least this post contains a falsifiable empirical prediction. I'll be sure to bump this when the prediction is rendered false.

LOL, says the man who advised me to put money in the safe haven of Cyprus a week before the poop hit the fan.

Well, we'll all find out on the 52nd day of September won't we?  

...or when Prince Abdullah holds an impromptu press conference after having finished his morning 2 mile jog.

[syntaxmachine]

LOL, says the man who advised me to put money in the safe haven of Cyprus a week before the poop hit the fan.

I never said any such thing. Intl. banking is a nightmare and in my experience, opening country-specific accounts isn't necessary (i.e., accounts not in your "home" country, excluding intl. accounts).

Other than that, I think we both know you wouldn't quite have reached the haircut cutoff anyway.

[24KT]

I never said any such thing. Intl. banking is a nightmare and in my experience, opening country-specific accounts isn't necessary (i.e., accounts not in your "home" country, excluding intl. accounts).

LOL. Ya you did. When I have time, I'll go back and find the original msg in my emails.

Other than that, I think we both know you wouldn't quite have reached the haircut cutoff anyway.

Hey, now that wasn't very nice.     

[polychronopolous]

LOL, says the man who advised me to put money in the safe haven of Cyprus a week before the poop hit the fan.

You're so fucking stupid it's almost funny.