The U.S. Dollar Bubble Has Burst!

Whilst the mainstream press talking heads continue to talk about bubbles everywhere except the biggest bubble of all which is the U.S. Dollar, that partially manifests itself in the USD index trending lower, though given the fact that all currencies are in free fall against one another the dollar bubble bursting is more evident in soaring commodity prices that are leveraged to real inflation. The US government and central banks are accelerating the trend for the destruction of the worlds reserve currency something that is more than evident in the rush into Gold and Silver as alternative currencies to fiat paper because they cannot be printed and therefore more difficult for the master manipulators at the Fed to manipulate lower as they have done so for US treasury yields which do not reflect the real US inflation rate that folks such as shadowstats put as high as 10% against official CPI of 2.7%.

The bottom line is that the US is on an accelerating trend towards a dollar crash event when there is panic loss of confidence in dollars and by virtue of virtually every other currency will suffer to a great extent as all currencies are locked into a money printing death spiral towards oblivion, the only difference between currencies is the volatility in the differing rates of free fall which are the exchange rates that the financial press blandly reports on a daily basis.

Now, everyone’s apparently a dollar bear, though backtrack a few months to December 2010 with the USD Index breaking above 80 and the prevailing mood was turning decidedly bullish, with much talk in the financial press and blogosfear (ignoring dollar perma-bears) for the possibilities of USD rallying all the way to 90, which was not destined to happen as I commented upon at the time that it was a great time to load up with dollar shorts.

My long standing USD analysis (12 Oct 2010 – USD Index Trend Forecast   Into Mid 2011, U.S. Dollar Collapse (Again)? ) concluded in the following   trend expectation for the U.S. Dollar into mid 2011 in that it targets a mid   2011 low of around 69-70. Currently the USD index stands at 73 which puts the   trend firmly inline with the forecast expectations of over 7 months ago.

article source :http://www.marketoracle.co.uk/Article27904.html

Comment :

I am expecting that the dollar will test its all time lows
and maybe even make new lows in any case I then expect as the article says it
to move back up so I see a trade here to the upside but only after it has
tested the lows .I will be buying anywhere below  69.75. I have a mortgage in Euros and I
intended to change it to US Dollar equivalent .