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Currency Markets: The Next Crisis Has Begun - Toby Connor - Gold Scents

I'm looking at the cross rates, since you can't really trust anything coming out of US, or UK for that matter, and they are telling me that 2013 is 2008 in slow motion, where end of July 2008 is equivalent to end of March 2013. Summer brak has inserted a pause, while major developments are still reserved for coming reporting season. The only skill required is to come up with a pair that's not manipulated so much, and they all tell the same story. Kaboom. A few weeks left for selling Dow short.

Commented 3918 days ago

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Beginning of the headline :Today the dollar 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.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 cri... Read More

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