Wednesday, August 26, 2009

Dollar - Starting Primary Wave 3 up

This will not be fun wave to the worst of the financial system and stock market crash is still ahead of us. Last year was the preamble. See: Update on the dollar.

What should we expect?

Collapsing financial institutions, thousands of bank failures, FDIC failure (remember by their charter they have upto 99 years to reimburse you for lost deposits),  record unemployment (yes worse than depression levels), more lies from Bernake, Geithner, Obama, et al and total loss of confidence in the financial system...but most of all a shortage of dollars and real money.

The stock market looks like it may have one more up move left in it...but the dollar has officially started its long move up.

I will post more charts shortly...
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