Everywhere I look I see talk of a major $USD bull market being underway. I see this coming from CNBC as well as so-called “investment gurus.”

This is odd… because the $USD is DOWN against every major currency thus far in 2017.

I’m not making this up. The $USD is DOWN against the Yen, the Euro, the Swiss Franc, even the British pound.

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And what asset class does well when the $USD falls?

Gold.

Indeed, thus far in 2017 Gold has DOUBLED the performance of the S&P 500. Don’t tell this to the stock bulls, they, like the $USD bulls are in for a RUDE awakening.

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Best Regards

Graham Summers
Chief Market Strategist
Phoenix Capital Research