A Falling U.S. Dollar
Posted on April 28th, 2007 by MoverMike
James Turk writes that the Dollar is in freefall and uses this chart as evidence:
I don’t know if you can have a head-and-shoulders formation that spans 14 or 15 years, but breaking 80 would sure be ominous. Meanwhile gold and silver in terms of the USD look like “up” is a long ways away.
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