Dusty Davis: Greenage.
--Twister
What's the greenback looking like on this St Patty's Day? Daily and weekly charts show the USD in the middle of a multi-year trading range.
Elongating the time horizon to 20 years, the USD is well off its highs with a head and shoulderish look. Perhaps consolidating before continuing the move lower.
A good argument can be made that the only thing keeping the dollar aloft is beggar-thy-neighbor policies worldwide, which is turning all fiat money into so much confetti.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
1 comment:
There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom.
~Ludwig von Mises
Post a Comment