Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

U.S. Retirement Market Ponzi Fueled By Record Concentration In Stocks By Young Americans
By: Steve St. Angelo

After The Apocalypse This Weekend, Buy The Dip
By: Avi Gilburt

Asian Metals Market Update: September-25-2017
By: Chintan Karnani, Insignia Consultants

GoldSeek.com Radio: President Chris Blasi and Andy Schectman, and your host Chris Waltzek
By: radio.GoldSeek.com

Technical Scoop - Weekend Update Sep 24
By: David Chapman

Why Bubbles Form
By: Gary Savage

You're Likely A Lot Less Prepared For Crisis Than You Realize
By: Chris Martenson

Build Your Economic Storm Shelter Now
By: John Mauldin

In Marketing and in Markets, Don't be the Mark!
By: Gary Tanashian

The Morgan Report's Weekly Perspective
By: David Morgan

 
Search

GoldSeek Web

 
The Most Important Chart in the World Is Getting Uglier By the Day


 -- Published: Wednesday, 13 September 2017 | Print  | Disqus 

By Graham Summers

 

The $USD continues to drop like a brick, having taken out critical support in the near-term.

 

http://www.goldseek.com/news/2017/9-13gs/image002.jpg

 

This is just the beginning. It's only going to get worse from here.

 

Here’s the $USD’s chart running back 40 years. I call this the “single most important chart in the world,” because how the $USD moves has a massive impact on all other asset classes.

 

http://www.goldseek.com/news/2017/9-13gs/image004.jpg

 

As you can see the $USD broke out of a massive 40 year falling wedge pattern. This initial breakout has failed to reach its ultimate target (120) and is now rolling over for a retest of the upper trendline in the mid-to low-80s.

 

Put simply, this chart is telling us that the $USD is going to be collapsing in the coming months.

 

The implications of this are going to be tremendous for the financial system. US corporate profits will be increasing particularly for large multi-national companies. Emerging Markets will outperform.

 

And most importantly, the $USD's collapse is going to be like rocket fuel for inflation trades. 

 

If you’re not taking steps to actively profit from this, it's time to get a move on.

 

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 


| Digg This Article
 -- Published: Wednesday, 13 September 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.