Wednesday, March 11, 2015

The U.S. Dollar Is Going Parabolic – Something Somewhere Is Collapsing

The US Dollar index is going parabolic. More often than not, markets that go parabolic will crash. This is what happened with the dollar in 2008 (click to enlarge): The common “narrative” out there is that the dollar squeeze is being fueled by European sovereign and corporate entities scrambling for dollars in order to pay dollar-denominated debt obligations. Yes, this is part of the equation.



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