Lions. Weigh In Here. US Dollar...
From Greg M
Lions.
The dollar continues to warn us, and IMO we should listen.
The dollar relative strength, over the last few weeks, has been dropping fast.
We should be seeing the polar opposite as the dollar is generally seen as a “safe haven.”
What are your thoughts on this?
GM
If history is any barometer on the future I think gold/silver and barter are the safest bets right now. And get out of debt.
It's still sideways folks. The EUR/USD would have to break in a nasty way to the upside for me to begin to worry. It would have to start racing toward 1.3000 area which is a long ways away from me to say the US dollar is doomed. There is NO trend here folks on the monthly chart. Look for yourselves. Pull up the EUR/USD and look at it. It has been in this range for years. You need to see it break out of this long term range before you get into a panic. Cheers.