"I think we are going to go through the wringer. I think it's going to get much worse." Ron Paul
I don't disagree with Ron Paul. He may be right, but I just want to know -- WHEN. I wrote about PRICE on Thursday's site. Before any major disaster, I believe early indications will show up somewhere in price -- it'll show in the US dollar, in gold, in the Treasury market, in the stock market or in interest rates. The markets are prescient, and one of them will signal danger well before danger is actually upon us.
Having said the above, let's take a look at the various items.
Below we see the US dollar. Since April, I can count five reversals, the latest being the one that ended in July. Yesterday the dollar took a big hit (long red bar), but the buck has not actually broken down yet.
Next we look ... Log in or subscribe to continue reading.
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