From Gold Scents:
As many of you know who have read my work in the past, the dollar put in a major three-year cycle low back in May.
It has been my expectation all along that the rally out of that major bottom would coincide with another deflationary period and the next leg down in the stock secular bear market.
So far this has been the case as stocks topped in May at the same time the dollar bottomed.
After a 15-week consolidation, the dollar has initiated its first powerful thrust up out of that major bottom. As you can see in the chart below the rally out of a three-year cycle low generally lasts at least...
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Whatever you do, don't forget about the dollar
The U.S. dollar is setting up for another big move