Wednesday, February 2, 2011

The US Dollar is MAJOR Trouble | zero hedge #tcot #finance #dollar

Earlier today I wrote a piece forecasting the end of the Euro. At that time, I speculated that the Euro would be broken up within the next year.

Then I looked at the US Dollar’s chart.

I've said before that the US Dollar was in BIG trouble... but as of tonight, it's on DEFCON 1 RED ALERT TROUBLE.

As the below chart shows, the greenback needs to rally and rally hard if we’re not going to head into a SERIOUS collapse shortly

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